2011 January – July oil production figures
According to the Ministry of Oil and gas, production of crude oil and condensed gas in 2010 totaled 80 million tons, 4.2% up against 2009.
11 August 2011 15:46
South Korea considering swapping a stake in KEPCO for a stake in uranium mine in Kazakhstan
According to the South Korea’s Trade Ministry, Seoul plans to exchange a 5% stake in KEPCO Plant Service & Engineering Co. for a 15% share in the unnamed mine.
11 August 2011 15:20
Government won’t be restricting prices for housing and growing mortgage rates
Kazakhstan is a market economy, so any attempts on the part of the government to bridle growing prices for housing or mortgage rates are inadmissible: National Bank.
11 August 2011 12:47
Kazakhstan has no intention to recognize same-sex unions: Justice Ministry
Article 11 of the draft Family Code currently considered by the country’s Senate reads that same-sex marriages are not admissible.
11 August 2011 12:10
National Bank suspends licenses of three banks for some banking operations
Senim bank, TAIB Kazakhstan, Credit Altyn and Al Hilal, first Islamic bank in Kazakhstan had their licenses suspended for three months.
11 August 2011 01:13
Chairman of the Agency for Public Service wages war against cronyism
Recently appointed to head the Agency, Baimenov told he “hadn’t brought a new team”.
11 August 2011 00:49
Kazakhstan’s tourists detained in Uzbekistan for 2 weeks won’t face criminal charges in homeland...or will they?
According to one of the tourists, they were told that “initiating a criminal case is still an open issue”.
11 August 2011 00:32
Employment guaranteed for Bolashak Scholarship Program graduates: Education Ministry
According to the Ministry, the list of graduates seeking for jobs has been forwarded to public bodies and national companies to assist the graduates in finding jobs.
10 August 2011 23:52
No plans of launching a single pension fund: Labor Ministry
As of now there are 12 pension funds regulated by the Committee for Financial Supervision under the National Bank.
10 August 2011 23:22
Labor Ministry rejects suggestion to open a deposit worth $1000 for every newly born baby
The state had better take some measures to protect the nation against slump of prices [for commodities that ensure most of the budget revenues]: Labor Ministry.
10 August 2011 23:02
