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Kazakhstan Economy News. Service for global professionals. Constantly updated news and information about Kazakhstan.
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Latest Kazakhstan Economy News

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  • EBRD boosts financing for real economy in Kazakhstan 14 Dec 2009 14:16 GMT
    ... for reconstruction and Development announced plans to increase the availability of financing to the Kazakh economy with a 50 million Euro credit line to Bank CenterCredit (BCC), for on-lending to micro, ...

  • Fitch Revises Kazakhstan's Outlook to Stable; Affirms 'BBB-' 17 Dec 2009 08:51 GMT
    ... and the Country Ceiling at 'BBB'. "While Kazakhstan's crisis-hit banking system remains a source of ... new capital in 2009 (4% of 2009 GDP), Fitch's base case is that further sovereign ... hikes and tax cuts on the non-oil economy have increased dependence on oil receipts, which ...

  • Uzbekistan: International Institutions Skeptical on Uzbek Economy 21 Dec 2009 22:57 GMT
    ... UZBEKISTAN: INTERNATIONAL INSTITUTIONS SKEPTICAL ON UZBEK ECONOMY Uzbekistan has weathered the global financial crisis ... lauds his government for keeping banks and inflation rates stable in 2008 and 2009 and ... country risk assessment list released December 17. Kazakhstan, whose banking sector nearly imploded this fall, ...

  • FTSE up 0.7 percent; final UK Q3 GDP awaited 22 Dec 2009 09:45 GMT
    ... of the final reading for UK Q3 GDP. At 4:13 a.m. EST, the FTSE 100 ... heavily on the FTSE gainers chart. Lonmin, Kazakhmys, BHP Billiton, Rio Tinto and Randgold Resources ... a recovery in demand as the global economy works its way out of recession. Investors ...

  • Glance-FTSE up 0.7 pct; final UK Q3 GDP awaited 22 Dec 2009 09:47 GMT
    ... of the final reading for UK Q3 GDP. At 0913 GMT, the FTSE 100 index ... heavily on the FTSE gainers chart. Lonmin, Kazakhmys, BHP Billiton, Rio Tinto and Randgold Resources ... a recovery in demand as the global economy works its way out of recession. UK ...

  • FTSE up 0.7 pct; final UK Q3 GDP awaited 22 Dec 2009 10:14 GMT
    ... of the final reading for UK Q3 GDP. At 0913 GMT, the FTSE 100 index ... heavily on the FTSE gainers chart. Lonmin, Kazakhmys, BHP Billiton, Rio Tinto and Randgold Resources ... a recovery in demand as the global economy works its way out of recession. UK ...

  • Kazakhstan at helm of OSCE; interview with Kanat Saudabayev 14 Dec 2009 11:36 GMT
    ... As Kazakhstan prepares to assume the OSCE chairmanship next ... and inherited a particularly unfavourable legacy. Our economy was built around a military-industrial complex, 93% of ...

  • GE Transportation Celebrates First Evolution® Series Locomotive Assembled in Kazakhstan Plant 22 Dec 2009 04:35 GMT
    ... in a new locomotive plant in Astana, Kazakhstan. On July 3, the President of the ... rail infrastructure; we are helping diversify Kazakhstan’s economy and manufacturing industry with the creation of this ...

  • Kazakhs protest against Soviet legacy, China ties 17 Dec 2009 11:44 GMT
    ... Hundreds of Kazakhs took to the streets on Thursday to ... economic crisis that has hit the oil-dominated economy hard since 2007. Like other parts of Central ...

  • FTSE up; final Q3 GDP awaited 22 Dec 2009 09:52 GMT
    ... of the final reading for UK Q3 GDP. At 9:13 a.m. British time, the FTSE 100 index ... on the FTSE gainers chart. Lonmin , Kazakhmys , BHP Billiton , Rio Tinto and ...

  • Vietnam's PM discusses oil, gas issues with Kazakh deputy foreign minister 23 Dec 2009 11:16 GMT
    ... -Vietnam will do its utmost together with Kazakhstan to continue carrying out their signed agreements ... agreements on orientations for bilateral development in economy, diplomacy, culture, sports and tourism. Source: VNA news ...

  • China, Kazakhstan unveil landmark gas pipeline 14 Dec 2009 04:41 GMT
    ... ago at 17:27 | Associated Press ALMATY, Kazakhstan — The leaders of Kazakhstan and China ... to secure energy supplies for its booming economy. The 1,300-kilometer Kazakhstan-China pipeline is the Central Asian ...

  • Kazakhstan manages to solve difficult financial issues: president 22 Dec 2009 08:27 GMT
    ... Kazakhstan was able to solve very difficult issues ... the opportunity to reevaluate ongoing processes, politics, economy in finance and draw up new plans," Nazarbayev ...

  • Kazakh leader tempts foreigners with ice and frost 22 Dec 2009 16:28 GMT
    ... have brought misery to Europe, but for Kazakhstan it is a selling point. President Nursultan ... a sleepy Soviet backwater into an oil-fuelled economy bustling with commercial activity and trade. Designed in ...

  • Kazakh leader invites visitors to frigid capital 23 Dec 2009 11:52 GMT
    ... ASTANA, Kazakhstan (Reuters) | Freezing weather may have brought ... a sleepy Soviet backwater into an oil-fueled economy bustling with commercial activity and trade. Designed in ...


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