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Business
22.02.2012 09:57 - 2012 to be favorable for Kazakhstan’s economy
The government will largely provide internal stability in the country’s economy in 2012.
22.02.2012 09:57 - PSA on Tsentralnoye deposit to be ready by late 2012
CentrKaspneftegaz LLC will prepare a Product Sharing Agreement (PSA) for signing by the end of this year on the subsurface use of the Tsentralnoye oil and gas condensate deposit, the «Samruk-Kazyna» National Welfare Fund JSC reported.
22.02.2012 09:56 - Kazakhstan’s per capita GDP to hit $12.5 thousand in 2012, Finance Ministry says
According to the updated forecast, Kazakhstan’s GDP will reach 210.8 billion US dollars in 2012.
22.02.2012 09:56 - China to overtake India as top gold consumer, Switzerland leads in Europe, analysts say
Last year, global demand for gold amounted to 4,067 tons worth a total of 205.5 billion US dollars. Purchases of the precious metal by central banks have increased from 77 tons to 440 tons compared to last year.
21.02.2012 16:21 - Eurogroup meets in Brussels
By the end of the first nine months of 2011 the debt of Greece amounted to approximately 160 percent of GDP and reached about 350 billion euros.
21.02.2012 16:21 - S&P may downgrade Japan’s rating in case economic growth slows down
The report published on Monday, showed a record trade deficit in January, while fuel imports increased due to the collapse of Japan’s the nuclear power plant.
21.02.2012 10:08 - Kazakh insurance market grew by 20% in 2011
Last year, there were mergers and acquisitions in the domestic insurance market.
21.02.2012 10:08 - KazAgroFinance to commission six greenhouses in 2012
The «KazAgroFinance» JSC was established by government decree in 1999 and is part of the «KazAgro» national holding company.
20.02.2012 11:09 - Last year the foreign turnover of Kazakhstan equaled 101.6 billion US dollars
The increase compared with 2010 was estimated at 40.1%.
20.02.2012 11:08 - Situation on Kazakhstan loan market
The National Bank has noted that the strengthening of competition between banks has favoured the launch of new loan programmes directed toward such categories as young families, civil servants, pensioners and students.
20.02.2012 11:08 - Due to decrease in number of licensed activity types, control will be lifted from 1.5 thousand licensees
The president of Kazakhstan Nursultan Nazarbayev has asked the Kazakhstan Agency on Monopoly Regulation to decrease the number of licences from 6 types with 21 sub-types to 4 types with 5 sub-types from January 31st, 2012, the press service of the agency has reported.
20.02.2012 11:08 - Food Contract Corporation will purchase extra 3 million tonnes of grain
The Food Contract Corporation has increased the price of extra purchases of grain to the state reserve to 21 thousand tenge.
20.02.2012 11:07 - Kazakhstan starts assembling cars costing 9 thousand USD
In March 2012, the Kostanai car assembly plant will witness the production of cheap cars.
20.02.2012 11:07 - In January production of petrol in Kazakhstan increased by almost 30%
At the same time in January oil extraction dropped by 1.2%.
20.02.2012 11:06 - Kazakhstan develops domestic tourism
According to the head of the Kazakhstan Travel Association Rashida Shaikenova last summer domestic tourism increased substantially.
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