site.news_by_theme Kazakhstan
Experts comment on Kazakhstan's decision to abandon control of tenge
Kazakh and foreign experts have commented on the recent decision of Kazakhstan to stop defending its tenge and send it floating.
24 August 2015
Air Astana raises airline ticket price
Kazakhstan’s national airline Air Astana has raised ticket prices on international flights after Kazakhstan floated the tenge.
24 August 2015
SCAT eyes 20 Russian Sukhoi Super Jet-100s
Kazakhstani SCAT is to contract 20 Russian Sukhoi Super Jet-100 (SSJ-100) aircraft.
21 August 2015
Making sense of Kazakhstan's decision to float tenge
Kazakhstan tenge plunged to its record low after the country floated it, renouncing the set corridor and adopting inflation targeting.
21 August 2015
Threat of default in Kazakhstan assessed by analysts
Kazakhstani experts comment on Bank of American Merrill Lynch placing the Central Asian country among ten countries most vulnerable to a sovereign default.
21 August 2015
Golovkin-Lemieux press conference
WBA Super, IBO and WBC Interim middleweight champion Gennady Golovkin and IBF champion David Lemieux have conducted a press conference in Montreal, Canada
21 August 2015
Nazarbayev instructs National Bank to compensate tenge deposits
President of Kazakhstan instructed the National Bank to initiate a mechanism of compensation for private fixed-term deposits in tenge.
21 August 2015
Russia’s LUKOIL sells 50% in Caspian Investments Resources Ltd. to China’s Sinoptec
Caspian Investments Resources Ltd. is developing five oil field in Kazakhstan, notably Alibekmola, Kozhassai in Aktyubinsk oblast, Karakuduk, Severny Buzachi and Arman in Mangistau oblast.
21 August 2015
Analysts on fair market exchange rate of USD to tenge
August 20 the country’s Central Bank renounced its policy of the set currency band, letting the national currency float freely.
21 August 2015
Month of food, music, and treasure hunting in Almaty
To celebrate the Day of Almaty, locals and guests of the city are invited to 50 events, from musical performances to quests.
20 August 2015
Ethnic Kazakh passes blind auditions at Voice of China
35-yo ethnic Kazakh Berik Iklas from Karamai town in XUAR in China has amazed the juries of the Voice of China singing contest.
20 August 2015
'Shooting corrupt officials' in Kazakhstan proves controversial
A humoristic anti-corruption campaign in Kazakhstan's Kostanai turns sour?
20 August 2015
Cotto-Alvarez winner mandated to face Kazakhstan's Golovkin by WBC
Gennady Golovkin’s promoter Tom Loeffler said that the winner of the Alvarez-Cotto fight would face undefeated Triple G of Kazakhstan.
20 August 2015
Astana Pro Team cycler Taaramae wins Arctic Race Norway
Astana Pro Team cycler Rein Taaramae won the Arctic Race Norway.
20 August 2015
Kazakhstan listed in Top 10 World's Riskiest Sovereign Debt?
Kazakhstan has been put on the map of the world's riskiest sovereign debt by Bank of America Merrill Lynch. Really?
20 August 2015
Kazakhstan’s PM Karim Massimov on further economic prospects
The Government will be rendering support to socially vulnerable groups of population. In the long run (…) it’s impossible to support all troubled industries out of taxpayers’ money: Karim Massimov.
20 August 2015
Almaty among Top 100 liveable cities: Economist Intelligence Unit
Economist Intelligence Unit (EIU) rated 140 cities by livability. Kazakhstan's Almaty got the 100th place.
20 August 2015
Kazakh currency falls 23 percent after switch to free-float
Energy-rich Kazakhstan announced it was abandoning its currency band for a free-floating exchange rate, in a move that triggered a 23-percent fall in the value of the tenge against the US dollar.
20 August 2015
PM Massimov on how Kazakhstan avoided default
From August 20 the National Bank and the Government have decided to implement a new monetary policy based on inflation targeting and to renounce the earlier practiced currency corridor.
20 August 2015
Kazakhstan central bank on why fixed currency exchange rate had to be renounced
Inflation targeting is another type of monetary policy that rests on the inflation rate in the mid run, rather than on the currency exchange rate: Kairat Kelimbetov.
20 August 2015
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