site.news_by_theme economy

Britain's Chancellor of the Exchequer George Osborne. ©Reuters/Toby Melville 2014 year of 'hard truths' for British economy: Osborne British finance minister George Osborne will warn that 2014 is to be the year of "hard truths" and public spending cuts when he sets out his plans for the year ahead.
06 January 2014
Photo courtesy of kursiv.kz Kazakhstan banks to start transition to Basel III in 2015 Kazakhstan banks will start transitioning to Basel III standards starting from January 2015.
05 January 2014
Kazakhstan's National Bank.  ©Yaroslav Radlovsky Kazakhstan central bank to solve large denomination currencies exchange problem The National Bank of Kazakhstan is going to solve the problem of exchange of large denominations.
04 January 2014
©RIA Novosti Ban on export of oil products from Kazakhstan prolonged until July 2014 Ban on export of petroleum products from Kazakhstan has been prolonged until the second half of 2014.
02 January 2014
China stock market disappoints on double cash crunch A cash shortage among banks made the Chinese stock market one of the world's worst performing this year, showing how tens of millions of small investors remain at the mercy of government policy.
01 January 2014
$800 million to be invested into second-tier banks by Baiterek Holding Baiterek Holding running the State Program of Accelerated Innovative and Industrial Development will channel $800mln into Kazakhstan banks.
31 December 2013
Kazakhstan's biggest greenhouse constructed near Karaganda Construction of Kazakhstan's biggest greenhouse complex has been completed in Topar village in Karaganda Oblast.
30 December 2013
Greece's Finance Minister Yannis Stournaras. ©Reuters/Francois Lenoir  Greece eyes return to bond markets in 2nd half of 2014 Bailed-out Greece is hoping to return to bond markets in the second half of 2014 -- but only if growth and a primary budget surplus permits, its finance minister said Sunday.
30 December 2013
Photo courtesy of ArcelorMittal Temirtau ArcelorMittal Temirtau to cut 2500 jobs in 2014 ArcelorMittal Temirtau is going to reduce the number of jobs by 2500 in 2014, Viktor Schetinin, vice-chairman of Zhaktau steel workers union.
28 December 2013
Lakshmi Mittal. Photo courtesy of zpravda.kz Lakshmi Mittal asks Kazakhstan's employees to hunker down Lakshmi Mittal met with ArcelorMittal Temirtau plant top-managers and called them to reduce expenses and make goods more competitive.
27 December 2013
©Reuters/Vincent Kessler Britain to become Europe's biggest economy by 2030: report Britain will surpass France and Germany to become Europe's biggest economy by 2030, according to a study released on Thursday.
27 December 2013
Robin Matthews. Photo a courtesy of  kpp-russia.ru Kazakhstan to reach Top 30 by 2025 Professor Robin Matthews of the Kingston Business School predicts that Kazakhstan will be among the Top 30 most developed countries by 2025.
25 December 2013
©Marat Abilov Mortgage loans are for rich people: Kazakhstan's central bank governor Kairat Kelimbetov, Governor of the National Bank of Kazakhstan, believes that only rich people should obtain mortgage loans.
25 December 2013
Eurasian Commission session. ©Dmitry Khegai Nazarbayev calls for no politics in Eurasian Economic Union Kazakhstan President Nursultan Nazarbayev has called to remove all the politics aspects from the Eurasian Economic Union agreements.
25 December 2013
Japan OKs record budget, sees deflation threat recede Japan approved its biggest ever budget Tuesday, as an improving economy and a sales tax hike made room for more defence spending and the first step towards achieving a balanced budget.
25 December 2013
Albert Rau. Photo a courtesy of Tengrinews.kz Minister of Industry opposes closure of economic zones in Kazakhstan The Ministry of Industry and New Technologies of Kazakhstan is trying to dissuade the Government from closing Special Economic Zones.
24 December 2013
Kazakhstan's President Nursultan Nazarbayev Nazarbayev calls to make industrialization effort more focused Kazakhstan President Nursultan Nazarbayev has instructed the Government to focus on several directions in the country’s industrialization.
23 December 2013
©Marat Abilov Urban countermagnets to be built around large Kazakhstan cities Urban countermagnets will be built around Kazakhstan's large cities.
20 December 2013
Metal production. ©tengrinews.kz Kazakhstan's GDP grows 6% in 11 months Kazakhstan's GDP has grown 6% in real terms during the period from January to November 2013: Statistics Agency.
19 December 2013
©Marat Abilov Over 1 million sq m of housing commissioned in Astana this year Over 1 million square meters of housing has been commissioned in Astana this year.
19 December 2013

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