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Oil production may steadily decline in Kazakhstan over the next decade: KazMunaiGas Vice Chairman KazMunaiGas Vice Chairman Tiyesov has spoken in the Mazhilis informing the deputies that Kazakhstan will face a decline in oil production should no new fields be discovered in the upcoming decade.

07 November 2014

Communists in Kazakhstan slam decision to abandon construction of oil refinery The People's Communist Party has tagged the decision to abandon construction of the 4th oil refinery in Kazakhstan ill judged and said problems had to be solved by the government not shifted to the shoulders of the citizens.

07 November 2014

Democracy cannot be imposed: Kazakh Senate Speaker Tokayev Senate Speaker Kassym-Jomart Tokayev has expressed his view that democratization is a dynamic process, and therefore democracy cannot be artificially accelerated or imposed.

07 November 2014

Promising Kazakh startups to be presented in Singapore Five Kazakh startups have been chosen to participate in an ICT startup accelerator program in Singapore.

05 November 2014

Progress seen in Kazakhstan-EU extradition settlements: Deputy Prosecutor General of Kazakhstan First Deputy Prosecutor General of Kazakhstan Iogan Merkel has declared that Kazakhstan was moving forward in the realm of extradition to and from Europe.

05 November 2014

Kazakhstan introduces arrest for misdemeanors with no detention homes in place Kazakhstan has changed its legislature to huminize the justice system by differentiating between crimincal misdemeanor and criminal offence. The first is supposed to be punished by arrest but there are no detention homes in Kazakhstan. Even more, the courts will gain the right to order arrest for misdemeanors only starting January 1, 2017. That is, two years from now.

05 November 2014

Kazakhstan's Zhambyl Oblast to double agricultural production by 2020 Zhambyl Oblast in southern Kazakhstan plans a massive increase in its agricultural production, the Governor of the Oblast said.

04 November 2014

Kashechkin needs €15 million for second Kazakh cycling team Andrey Kashechkin wants to create one more cycling team to race for Kazakhstan. He needs sponsors though.

04 November 2014

Tire processing plant opens in Uralsk A plant processing discarded tires has opened in Kazakhstan's Uralsk.

01 November 2014

Sliding Ruble hurts Kazakhstan's exports to Russia The continuing fall of the ruble exchange rate against dollar is taking its toll on the exports Kazakhstan is supplying to Russia.

31 October 2014

Kazakhstan welcomes elections in Ukraine The Ministry of Foreign Affairs of Kazakhstan has declared that Kazakhstan respects the choice of the people of Ukraine.

31 October 2014

Deloitte, PwC, KPMG have captured Kazakh market: MP Kazakh MP Vladislav Kosarev has declared that something needs to be done about the foreign audit companies that have captured the Kazakh market.

31 October 2014

OECD recommends confiscation for all corruption offences in Kazakhstan The OECD has issued several new recommendations to Kazakhstan in its fight against corruption.

31 October 2014

Government debt in Kazakhstan exceeds pre-devaluation mark Latest data provided by Kazakhstan Stock Exchange suggests that the government debt in Kazakhstan now exceeds its pre-devaluation level.

31 October 2014

Minister of National Economy says $2.3bln budget deficit awaits Kazakhstan The Minister of National Economy of Kazakhstan Yerbolat Dosayev spoke about the changes to the national budget due to reduced economic growth and negative external factors.

31 October 2014

Governor of National Bank of Kazakhstan sees no reasons to worry about dynamics on international markets Governor of the National Bank of Kazakhstan has declared there was no reason to be worried about falling oil prices and West-Russia sanctions reciprocation.

31 October 2014

Kazakhstan National Bank official explains Single Pension Fund losses Advisor to the governor of the National Bank of Kazakhstan talks about pension fund losses as of September and the benefits of National Bank managing the Single Pension Fund.

30 October 2014

Kazakhstan to keep methadone therapy for now The government of Kazakhstan has announced it would continue the controversial methadone therapy until 2015.

29 October 2014

World Bank discusses cooperation with Nazarbayev President of Kazakhstan Nursultan Nazarbayev has met with the the managing director at the World Bank Sri Mulyani Indrawati to discuss cooperation between Kazakhstan and the World Bank.

29 October 2014

National Bank of Kazakhstan defends pension assets' investment into second tier banks The National Bank of Kazakhstan has responded to the criticism of several members of the Kazakh Parliament, who claimed the Single Pension Fund was practicing risky investments that put the pensioneers' savings in danger.

29 October 2014

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