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Illustration a courtesy of Tengrinews
Kazakhstan National Fund allocates $5.4 billion to support economy

After the devaluation of tenge by 19% earlier this week, the National Fund of Kazakhstan decided to allocate $5.4 billion to support local business.

Kazakhstan National Fund allocates $5.4 billion to support economy
©Reuters/Christinne Muschi
Bombardier to expand into Kazakhstan market

Bombardier, a Canadian multinational aerospace and transportation company, plans to expand into the Kazakhstan market.

Bombardier to expand into Kazakhstan market
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.

Minister of Industry opposes closure of economic zones in Kazakhstan
Photo a courtesy of renal-d.com
Second aluminium plant to be build in Kazakhstan

A new aluminum plant will be build in Kazakhstan.

Second aluminium plant to be build in Kazakhstan
Prime Minister Tony Abbott. ©Reuters/Dadang Tri
Australia PM stands firm against 'corporate welfare'

Prime Minister Tony Abbott warned struggling Australian companies Wednesday to get their house in order, refusing to indulge in "corporate welfare" subsidies despite car giant Holden's decision to shut local plants.

Australia PM stands firm against 'corporate welfare'
©Reuters/Daniel Munoz
Ford to open plants in China, Brazil; add 5,000 US jobs

US automaker Ford said Thursday it will open two new plants in China and a third in Brazil next year while adding more than 5,000 jobs in the United States.

Ford to open plants in China, Brazil; add 5,000 US jobs
©Reuters/Mick Tsikas
Car maker Holden to close Australian plants in 2017

Struggling automaker GM Holden on Wednesday said it will shut down its manufacturing operations in Australia by 2017, shedding 2,900 jobs, in a major blow to the nation's car industry.

Car maker Holden to close Australian plants in 2017
The Deputy Minister of Minister of Industry and New Technologies Albert Rau Photo © Marat Abilov
Kazakhstan should stake on champions: Albert Rau

According to Deputy Minister of Industry and New Technologies Albert Rau, Kazakhstan should place its stakes on industry champions.

Kazakhstan should stake on champions: Albert Rau
China manufacturing index hits 18-month high: govt
China manufacturing index hits 18-month high: govt

Chinese manufacturing grew at its strongest pace in 18 months in October, figures showed Friday, but government and independent analysts warned underlying data suggest economic weaknesses remain.

China manufacturing index hits 18-month high: govt
Photo courtesy of mbius.net
US manufacturing gaining on competition: study

After decades of hollowing out, US manufacturing is overtaking competitors and stands to grab up to $115 billion more in export business from rivals by 2020.

US manufacturing gaining on competition: study
China manufacturing index hits nine-month low: HSBC
China manufacturing index hits nine-month low: HSBC

Chinese manufacturing activity contracted further in June, data showed Monday, with a closely watched survey hitting a nine-month low and adding to signs of weakness in the world's second-largest economy.

China manufacturing index hits nine-month low: HSBC
Business aviation still waiting recovery to find its wings

Manufacturers of business jets can look forward to climbing sales in the years to come thanks to emerging markets as they gather in Switzerland for an annual air show, having survived the turbulence of the global financial crisis.

Business aviation still waiting recovery to find its wings
Photo courtesy of kss.kz
Kazakhstan looks to construct glass plant

Kyzylorda oblast administration, Samruk-Kazyna Invest and Qinhuangdao Yaohua Glass Machine Manufacture Co., Ltd signed a memorandum of understanding to construct a glass plant.

Kazakhstan looks to construct glass plant
GM Holden chairman and managing director Mark Reuss. ©REUTERS/Mick Tsikas
GM Holden cuts 500 jobs in Australia

Car manufacturer GM Holden announced Monday 500 jobs will be axed from plants in Australia, blaming the strength of the local dollar for squeezing sales.

GM Holden cuts 500 jobs in Australia
©REUTERS/Vivek Prakash
Jaguar Land Rover mulls manufacturing in India: report

Jaguar Land Rover, the British luxury car unit owned by Tata Motors, is considering manufacturing vehicles from scratch in India.

Jaguar Land Rover mulls manufacturing in India: report
Signing memorandums. Photo by Marat Abilov©
First Kazakhstan-made Toyota to be assembled in spring 2014

A memorandum was signed between Toyota Motor Corporation and Kazakhstan government to produce Toyota Fortuner.

First Kazakhstan-made Toyota to be assembled in spring 2014
Toyota Fortuner
Toyota to assemble Fortuner in Kostanay

Prime-Minister Serik Akhmetov met with Toyota Motor Corporation Senior Managing Officer Didier Leroy.

Toyota to assemble Fortuner in Kostanay
Car-assembling plant in Kostanai oblast. ©cas-agro.kz
15 thousand cars assembled in Kazakhstan in 10 months

14,996 cars were produced in Kazakhstan in 10 months of 2012. 6,055 cars were produced in the same period of 2011.

15 thousand cars assembled in Kazakhstan in 10 months
Photo courtesy of blog.isowhey.com.au
Japan manufacturers make big emissions cuts: survey

Japan's big manufacturers reduced greenhouse gas emissions by nearly 15 percent annually on average over the past five years compared to 1990.

Japan manufacturers make big emissions cuts: survey
©tengrinews.kz
Kazakhstan Temir Zholy to increase manufacturing 30-fold by 2015

In 2008 the volume of railroad manufacturing was totally worth 10 billion tenge and this year in 2012 it made 155 billion tenge: Askar Mamin.

Kazakhstan Temir Zholy to increase manufacturing 30-fold by 2015