News about economy
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 10:20
$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 16:04
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 14:14
Nazarbayev on crime rates, urban planning and traffic in Almaty
President Nazarbayev has discussed key aspects of development of Almaty.
28 March 2014 12:49
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 16:30
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 19:19
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 18:59
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 12:34
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 15:27
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 18:14
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
Kazakhstan to issue Eurobonds
The Finance Ministry of Kazakhstan is planning to issue eurobonds in 2014.
28 February 2014 16:50
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
National Fund should provide $5.4 billion to compensate tenge devaluation in Kazakhstan: KazPotrebNadzor
The National Fund of Kazakhstan should provide $5.4 billion to support the Kazakhstan economy amid the tenge devaluation: KazPotrebNadzor
25 February 2014 15:26
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
Chinese and Islamic expansionism a threat in Kazakhstan?
The so-called Chinese Threat and Arab Islamization are among the major influences Kazakhstan is susceptible to.
19 February 2014 16:08
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
Tenge devaluation must not affect Kazakhstan people negatively: Nazarbayev
The tenge devaluation must not have any negative effect on the people of Kazakhstan, and no manipulation of prices or speculations shall be allowed: Nazarbayev
14 February 2014 20:45
Mining companies applaud tenge devaluation in Kazakhstan
The Association of Mining and Metallurgical Enterprises is supportive of the tenge devaluation.
14 February 2014 02:05
Devaluation may create demand for 20,000 tenge bills in Kazakhstan
The climbing of dollar exchange rate might create a demand for the long awaited release of 20,000 tenge bills in Kazakhstan.
13 February 2014 20:33