News about economy

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 15:09

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 18:50

Global tax evasion under G20 scrutiny

US Treasury Secretary Jacob Lew described taxation reform as among the G20's most crucial initiatives Friday as the world's major economies look to close loopholes used by huge multinational firms.
21 February 2014 10:33

Possible inflation risks: National Bank

In view of the devaluation of the national currency - the tenge, the central bank of Kazakhstan believes that escalation of inflation is quite possible.
15 February 2014 16:18

Exchange Rates

 468.27   534.16   6.13 

 

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