News about economy
Asia should create its own OSCE: Nazarbayev
Kazakhstan president Nursultan Nazarbayev addressed the Summit of the Conference on Interaction and Confidence-Building Measures in Asia.
21 May 2014 18:12
Bulat Utemuratov finalizes Temirbank and Alliance Bank purchase and talks about their future
Samruk-Kazyna National Wealth Fund finalized sale of its shares in two Kazakhstan banks, Temirbank and Alliance Bank, to Bulat Utemuratov.
20 May 2014 18:21
Swiss turn down world's highest minimum wage
Swiss voters on Sunday rejected a proposal to introduce the world's highest minimum wage, which would have guaranteed every worker in one of the world's priciest nations at least $25 an hour.
19 May 2014 12:40
Kazakhstan ratifies treaty with Uzbekistan on strategic partnership
President of Kazakhstan Nursultan Nazarbayev has signed the law ratifying the Strategic Cooperation Treaty between Kazakhstan and Uzbekistan.
16 May 2014 16:33
Academic take on baraholka issue in Almaty: American's first-hand experience
Dena Sholk, a graduate student in the School of Foreign Service from Georgetown University came to Almaty to research the role of baraholkas (markets) in Kazakhstan’s economy as a part of her dissertation fieldwork.
16 May 2014 16:01
Kazakhstan to supply electric locomotives to Azerbaijan
Alstom Transport has signed a contract to supply 50 KZ8A freight locomotives produced in Astana-based Elektrovoz Kurastyru Zauitty to Azerbaijan Railways.
16 May 2014 02:17
Kazakhstan to start legalization of property and capitals in September
The government of Kazakhstan has announced the date when it is going to start the legalization of property and capital.
16 May 2014 01:36
Legitimization of assets to bring billions: Kelimbetov
Central bank aims to legitimate money and assets to ensure an influx of several billion dollars into the banking sector of Kazakhstan.
12 May 2014 12:48
Development Bank of Kazakhstan obtain 500 million euro loan from HSBC
Development Bank of Kazakhstan has signed a 500 mln euro loan agreement with HSBC Bank.
05 May 2014 17:29
Kenes Rakishev buys into Magnum Cash & Carry
Businessman Kenes Rakishev has bought a stake in Magnum Cash & Carry retailer network.
05 May 2014 15:45
US economy rebounds, adding 288,000 jobs in April
The US economy pumped out 288,000 jobs in April, the highest pace in over two years, in a fresh confirmation that growth has resumed after a harsh winter freeze.
04 May 2014 11:19
Nazarbayev discusses cooperation with Asian Development Bank
President Nazarbayev has met with the President of the Asian Development Bank (ADB) Takehiko Nakao to discuss future cooperation.
02 May 2014 11:38
Nazarbayev wants Kazakhstan, Russia, Belarus to team up on agriculture and gas
Cooperation in agriculture would boost export of the goods without creating any unwanted competition between our countries: Nazarbayev
30 April 2014 16:24
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 20:19
KEGOC might float stock this December
KEGOC might float its shares at the People’s IPO in Kazakhstan in December 2014.
29 April 2014 01:56
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 22:31
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 13:19
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 18:59
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 19:02
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 22:10