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ASTANA (TCA) — Taking into account the situation in the world economy and international commodity markets, and the results of Kazakhstan's economy since the beginning of this year, the Ministry of National Economy has updated its forecast of the country’s macroeconomic indicators for 2016, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ASTANA (TCA) — Foreigners are actively investing in the Kazakh economy with a 25-percent on-year growth in January-July of this year. The share of foreign investment in the total investments in Kazakhstan remains stable and significant, staying within the range of 20-50 percent of the total over the past 2.5 years, Ranking.kz reported. Continue reading
ASTANA (TCA) — Kazakhstan’s Ministry of Energy, national oil and gas company KazMunaiGas, gas transportation company KazTransGas and Shell Kazakhstan have signed a Memorandum of Cooperation (MoC) which aims at joint assessment and possible implementation of a number of strategic initiatives in the country’s energy sector, the official website of the Prime Minister of Kazakhstan said on September 6. Continue reading
ASTANA (TCA) — Kazakhstan will be able to increase oil supplies to China almost threefold. The two countries have also agreed on Kazakh food export to China and construction of joint production facilities in Kazakhstan, President Nursultan Nazarbayev said at a September 5 briefing on the results of his visit to China where he took part in the G20 summit in Hangzhou and had meetings with the Chinese leadership and business companies, the president’s press service reported. Continue reading
BISHKEK (TCA) — The Times of Central Asia presents to its readers Stratfor’s Global Intelligence, a weekly review of the most important events that happened in the world — from Europe to Middle East to Russia to Central Asia to Afghanistan to China and the Americas. Continue reading
ASTANA (TCA) — Speaking at a joint session of the Chambers of Parliament on September 1, Kazakhstan President Nursultan Nazarbayev ordered to intensify work on reduction of the national economy’s dependence on raw materials and prioritized state support to enterprises producing non-raw materials and working for export, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported. Continue reading
