Economy ≡ Today’s latest news in category Economy

CIS universities to hold video conference to discuss COVID-19 impact on national economies

MINSK. KAZINFORM CIS universities will hold an international video conference to discuss the impact of the COVID-19 pandemic on the national economies of the CIS countries on 26 May, BelTA learned from the organizers.

Economy > Economy

22.05.2020 16:19

118,000 Kazakhstanis obtain employment under Yenbek program

NUR-SULTAN. KAZINFORM As of May 1, 2020, some 157,500 participated in the 2017-2021 Yenbek program, productive employment and mass entrepreneurship development state program.

Economy > Economy

22.05.2020 12:30

Brent oil price exceeds $36 per barrel for the first time since April 9

MOSCOW. KAZINFORM - The price of a July futures contract for Brent oil on the London Stock Exchange ICE rose by 4.3% and reached $36.14 per barrel, according to the trading data as of 4:54 pm Moscow time.

Economy > Oil and Gas

21.05.2020 09:22

About 30,000 Kazakhstanis employed in May

NUR-SULTAN. KAZINFORM 28,500 people got hired in Kazakhstan since May under the Yenbek state program. 14,800 received job under the Employment Roadmap, the human resources development centre reports.

Economy > Economy

20.05.2020 12:40

Development of LegalTech established at AIFC

NUR-SULTAN. KAZINFORM The first meeting of the AIFC Advisory Council on the Development of LegalTech (AIFC LawTech Advisory Council) with the participation of the AIFC Governor was held at the Astana International Financial Centrе (AIFC), Kazinform reports.

Economy > Economy

15.05.2020 11:35

DG Azevêdo announces he will step down on 31 August

GENEVA. KAZINFORM At a virtual meeting of all WTO members on 14 May, WTO Director-General Roberto Azevêdo announced that he would step down on 31 August, cutting his second term short by exactly one year.

Economy > Economy

15.05.2020 09:39

Almost 8 in 100 Italians in absolute poverty - ISTAT

ROME. KAZINFORM Almost eight out of 100 Italians, or 6.5% of households and 7.8% of individuals, lived in absolute poverty in 2019, down from 7.8% and 8.4% in 2018, ISTAT said Thursday.

Economy > Economy

15.05.2020 08:16

EBRD may support Kazakhstan in improving energy efficiency

NUR-SULTAN. KAZINFORM - European Bank for Reconstruction and Development (EBRD) may provide two senior loans to subsidiaries of KazTransGas JSC, which is Kazakhstan’s national gas operator, Trend.az reports.

Economy > Economy

14.05.2020 12:46

WB in Kazakhstan develops 2 projects each worth USD 500 mln

ALMATY. KAZINFORM The World Bank in Kazakhstan briefed on its projects in Kazakhstan, Kazinform reports.

Economy > Economy

14.05.2020 12:08

India announced $266 billion stimulus

NEW DELHI. KAZINFORM In an effort to counter the economic fallout of the COVID-19 pandemic, Indian Prime Minister Narendra Modi announced a massive stimulus package of rupees 20 trillion (about US$ 266 billion) in a televised address to his nation tonight.

Economy > Economy

13.05.2020 09:22

Crude oil production in Kazakhstan hit 31.3 mln tons

NUR-SULTAN. KAZINFORM «Crude oil and condensate production in Kazakhstan made 31.3 mln tons in January-April this year that is 2.6% to the plan or an increase by 6% to the same period of 2019.

для ANSA

12.05.2020 11:28

Kazakhstan’s GDP fell by 0.2%, Economy Minister

NUR-SULTAN. KAZINFORM Kazakh National Economy Minister Ruslan Dalenov told about the results of the country’s socioeconomic development for January-April this year.

для ANSA

12.05.2020 09:30

Coca Cola Foundation supports Kazakhstan in fight against coronavirus pandemic

NUR-SULTAN. KAZINFORM - One of the largest foreign investors in Kazakhstan contributed to the fight against COVID-19 epidemic, Kazinform reported.

Economy > Industry

04.05.2020 17:24

Subsistence rate increased by 14% in Kazakhstan

NUR-SULTAN. KAZINFORM - The subsistence rate grew by 3% per month, and by almost 14% - per year. Moreover, the monthly inflation rate was 1%, annual - 6%, Kazinform reports with the reference to finprom.kz.

Economy > Economy

04.05.2020 16:25

Caravanserai, solar power stations to be built in Turkestan rgn

TURKESTAN. KAZINFORM - At the end of 2019, Turkestan region, with an indicator of 138.5% compared to the previous year, took 2nd place among the regions of Kazakhstan in terms of attracting investments. In total, over the past year, KZT441 billion of investments were directed to the economy of the region, Kazinform reports with the reference to the press service of the regional Akimat.

Top Story

30.04.2020 09:12

Kazakhstan increases import of leather goods from Turkey

BAKU. KAZINFORM Export of leather goods from Turkey to Kazakhstan increased by 12.09 percent from January through March 2020 compared to the same period of 2019, exceeding $7.7 million, Turkey’s Ministry of Trade told Trend.

Economy > Economy

29.04.2020 18:40

Oil up as US crude stocks due to fall short of estimate

ANKARA. KAZINFORM Oil prices were up on Wednesday as crude inventories in the US are expected to increase less than the market expectation last week.

Economy > Oil and Gas

29.04.2020 17:21

Trade Minister proposed to establish wholesale distribution centers

NUR-SULTAN. KAZINFORM - The Minister of Trade and Integration of the Republic of Kazakhstan, Bakhyt Sultanov, has proposed to create a national commodity distribution network, Kazinform correspondent reports.

Economy > Economy

28.04.2020 10:44

Kazakhstan increases export of chemical goods to Azerbaijan via railways

NUR-SULTAN. KAZINFORM - The volume of import-export cargo turnover between Kazakhstan and Azerbaijan via railway amounted to 26,320 tons over the period from January through February 2020, which is 174,960 tons less compared to the same period of 2019 (201,280 tons), a representative of Kazakhstan’s Ministry of Industry and Infrastructural Development told Trend.

Economy > Economy

28.04.2020 09:47

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