News about economy
Ukraine benefits from cooperation with Russia and Kazakhstan: Nazarbayev
In his speech at Moscow State University President Nazarbayev said that Ukraine would benefit from cooperation with Russian and Kazakhstan amid any scenario.
29 April 2014
KEGOC might float stock this December
KEGOC might float its shares at the People’s IPO in Kazakhstan in December 2014.
29 April 2014
Nursultan Nazarbayev and EDB Chairman meet in Astana
Nursultan Nazarbayev and Igor Finogenov, Chairman at Eurasian Development Bank, discussed the bank's operations in Kazakhstan.
27 April 2014
Spain shows fastest growth in six years: central bank
Spain's economy appears to be growing at the fastest clip since a 2008 property crash tipped the nation into a job-wrecking, double-dip recession, the central bank said.
25 April 2014
Population of Kazakhstan's south to outnumber north four times
The population in Kazakhstan's northern regions may shrink by nearly one million people by 35 years, and become four times smaller than that of the southern areas.
24 April 2014
Non-perfoming loans to go down to 10% by 2016 in Kazakhstan: Kelimbetov
The Governor of the Central Bank Kairat Kelimbetov aims to decrease non-performing loans to 10% by January 1 2016.
18 April 2014
Kazakhstan to cooperate with Bahrain in aluminum production
Kazakhstan and Bahrain have signed a memorandum on cooperation in aluminum production at the Bahrain-Kazakhstan: Strategic Partnership business forum.
16 April 2014
China bank loans surge in March: central bank
China's bank lending surged in March from the previous month, the central bank said Tuesday, but analysts dismissed the possibility of monetary easing.
16 April 2014
$2.7 billion out of Kazakhstan National Oil Fund to stimulate economy in 2014
One of the sources to boost the country’s economy growth will be $5.5 billion out of the National Oil Fund to be allocated in 2014 and 2015: Minister of Economic Affairs.
14 April 2014
German inflation hits three-year low in March
The rate of inflation in Germany, Europe's biggest economy, fell to its lowest level in more than three years in March, official final data showed on Friday.
11 April 2014
Nazarbayev on crime rates, urban planning and traffic in Almaty
President Nazarbayev has discussed key aspects of development of Almaty.
28 March 2014
Will anti-Russian sanctions affect Kazakhstan?
President Nazarbayev has assured that Kazakhstan will not suffer from the economic sanctions imposed on Russia by some of the countries.
27 March 2014
Nazarbayev calls to form strong economic ties with Netherlands
Nursultan Nazarbayev has participated in the meeting with members of the Kazakh-Dutch Friends of Kazakhstan in the Netherlands club.
25 March 2014
President Nazarbayev's bilateral meetings in Hague
President of Kazakhstan Nursultan Nazarbayev has had a number of bilateral meetings during the Nuclear Security Summit in the Hague.
25 March 2014
Kazakhstan Government increases reserve fund by $250 million after tenge devaluation
Amid adjustments of microeconomic indicators for the year 2014 the Kazakhstan Government has revised its budget.
23 March 2014
High excise tax on cigarettes spur illegal traffic
Increase of the Kazakhstan excise tax on cigarettes has triggered an increase in illegal traffic from Kyrgyzstan in 2013.
13 March 2014
Kazakhstan wants to bring $6 billion out of shadows of its economy
The Government of Kazakhstan is considering a package of countermeasures against its off-the-books economy for 2014-2015.
12 March 2014
Kazakhstan-China tolling no longer feasible: Mynbayev
Sauat Mynbayev, Chairman of KazMunaiGas (KMG), Kazakhstan's national oil and gas company, believes that duty-free supplies from Russia make shipment of Kazakhstan's crude to China for processing no longer feasible.
04 March 2014
Kazakhstan to issue Eurobonds
The Finance Ministry of Kazakhstan is planning to issue eurobonds in 2014.
28 February 2014
S. Korea's Park vows to rebalance export-led economy
South Korean President Park Geun-Hye unveiled Tuesday a three-year plan to rebalance the export-reliant economy, investing $3.7 billion on start-ups, boosting domestic spending and getting more young people and women in the workforce.
25 February 2014