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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

Bank and law firm employees suspected of sparking anti-bank campaign A lawyer of one of the banks and employees of an Almaty-based law firm may be among those who started the anti-bank SMS-campaign.

25 February 2014

Alliance Bank intends to claim damages from misinformers Kazakhstan-based Alliance Bank is going to make the misinformers reimburse the losses, caused by rumours about the bank's bankruptcy.

25 February 2014

TengizChevrOil brings payments to Kazakhstan to $15 billion TengizChevrOil brought its direct payments into the Kazakhstan budget to $15 billion in 2013.

25 February 2014

Kazakhmys to increase wages of its workers Kazakhmys Plc has announced a wages raise for its industrial personnel.

24 February 2014

EIB gives 100 million Euro to Sberbank for SMBs in Kazakhstan The European Investment Bank (EIB) and Sberbank offer new opportunities for small and mid-sized business of Kazakhstan.

24 February 2014

Almaty budget overhaul: Yesimov The Akim (Mayor) of Almaty Akhmetzhan Yesimov talked about overhauling the city budget due to devaluation of tenge.

22 February 2014

US taper should be 'wake-up call' for emerging world: OECD The OECD Friday said the winding down of US monetary stimulus should be a "wake-up call" for emerging economies to accelerate reforms, but Indonesia and South Africa stepped up criticism of the Federal Reserve heading into G20 talks.

22 February 2014

Bitcoin is no way to avoid losses amid devaluation in Kazakhstan Bitcoin is not a good way to save money for Kazakhstanis frantically trying to hedge themselves amid the 20% tenge devaluation.

21 February 2014

Astana to increase social allowances by 16% Social allowances for Astana residents will be increased by 16% starting from April 2014.

21 February 2014

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

Damage dealt to Kazakh banks by SMS-campaign being calculated The Governor of Kazakhstan National Bank Kairat Kelimbetov has commented the mass SMS distribution about the bankruptcy of 3 banks of Kazakhstan.

20 February 2014

InterContinental hotels reports profit plunge, blames tax InterContinental Hotels Group, the world's largest hotel operator by number of rooms, said on Tuesday that annual net profit plunged owing to increased tax charges.

18 February 2014

Kazakhstan intends to increase salaries and allowances Salaries of civil employees working in public institutions and social allowances will be increased in Kazakhstan from April 1, 2014.

16 February 2014

Mining companies applaud tenge devaluation in Kazakhstan The Association of Mining and Metallurgical Enterprises is supportive of the tenge devaluation.

14 February 2014

Devaluation may drive airline tickets up in Kazakhstan Airlines are adjusting their ticket prices to the new exchange rate of the tenge.

13 February 2014

Dedollarization of Kazakh mentality: Governor of National Bank The National Bank and Government of Kazakhstan are going to press on to dedollarize the economy and discourage Kazakhstanis from relying on the US dollar.

13 February 2014

Kazakhstan's central bank sets tenge exchange rate to 163.9 per $1, but no second-tier banks bother Average weighted exchange rate of tenge against dollar equaled to 163.9 tenge per dollar.

12 February 2014

Dollar explodes in Kazakhstan: 200 tenge per dollar Kazakhstan banks are setting their exchange rates ski-high, selling one dollar for more than 200 tenge.

11 February 2014

World's richest man would still pick up a $100 bill The world's wealthiest man Bill Gates would still pick up a $100 bill on the street, but he has no tips about how to get by on less than $100,000 a year.

11 February 2014

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