Economy

yesterday 21:17

Russia keeps the leads in import deliveries to Kazakhstan

ORENBURG. KAZINFORM «Over the past nine months the commodity turnover between Russia and Kazakhstan reached USD 18.4 bln,» Kazakh Deputy PM-Trade and Integration Minister Serik Zhumangarin said taking the floor at the Interregional Cooperation Forum.

yesterday 18:37

China-Belarus park Great Stone, Kazakhstan's logistic operator sign cooperation document

MINSK. KAZINFORM During a visit to Almaty of a delegation of the China-Belarus Industrial Park Great Stone, a memorandum of cooperation was signed between the Industrial Park Development Company and the first private industrial logistic zone of Kazakhstan DAMU, BelTA learned from the press service of the China-Belarus Industrial Park Great Stone.

yesterday 17:24

Kazakhstan and Russia see growth in trade

ASTANA. KAZINFORM «The trade between Kazakhstan and Russia has grown,» Kazakh President Kassym-Jomart Tokayev said addressing the Kazakhstan-Russia Interregional Cooperation Forum.

27.11.2022 13:31

Brazil is one of the leaders in the digitalization of public service

BRASILIA. KAZINFORM - Brazil was recognized as the second most advanced country in the world in digital government. The evaluation is from the World Bank, which measured the current stage of digital transformation of the public service in 198 countries. The country rose five positions in relation to the 2021 ranking, Agencia Brasil reports.

24.11.2022 16:12

UAE’s SMEs, start-ups could see $17.1 billion boost from hyperscale cloud computing: report

DUBAI. KAZINFORM - Hyperscale cloud computing is expected to provide SMEs and start-ups in the UAE with US$17.1 billion (AED62.6 billion) worth of economic benefits from 2022 and 2030 — the equivalent of four percent of the country’s 2021 gross domestic product (GDP) — says a new report commissioned by Amazon Web Services (AWS) in partnership with Dubai Chamber of Digital Economy, WAM reports.

23.11.2022 15:35

Kazakh Parliament adopts republican budget until 2025

ASTANA. KAZINFORM The Majilis deputies approved the amendments and changes submitted by the Senate to the draft laws «On the 2023-2025 republican budget» and «On general transfers between the republican and regional budgets, budgets of the cities of republican significance, the capital city for 2023-2025», Kazinform reports.

23.11.2022 11:56

Investments in transport and logistics exceed 1trln tenge in 2022

ASTANA. KAZINFORM 1.1trln tenge was invested in Kazakhstan’s transportation and warehousing sector in January-October 2022, which is 11.6% more in monetary terms, compared to the same period in 2021 (8.5% of real growth), Kazinform learned from finprom.kz.

22.11.2022 10:00

Kazakhstani exports hit record high this Jan-Sep

ASTANA. KAZINFORM Total trade of Kazakhstan for January -September 2022 reached USD 98.4 bln which is 35% more as compared to last September-January, the Kazakh National Economy Ministry’s press service reports.

22.11.2022 09:09

Total trade between Kazakhstan and the UK increased by 63.3%

LONDON. KAZINFORM Total trade in goods and services (exports plus imports) between the UK and Kazakhstan was £2.3 billion in the four quarters to the end of Q2 2022, an increase of 63.3% or £896 million from the four quarters to the end of Q2 2021, the official website of the Department for International Trade reads.

17.11.2022 18:18

NGO sounds alarm over rising poverty in France

PARIS. KAZINFORM - Poverty is worsening in France, a non-governmental relief organization warned on Thursday, Anadolu Agency reports.

17.11.2022 10:47

Investments in Almaty rise by 22.1% since Jan 2022

ALMATY. KAZINFORM Investments in fixed capital of Almaty reached 974bln tenge in nine months of 2022. Real growth of investments in the city’s development made 22.1% (7% within the republic), Kazinform learned from the Ministry of National Economy.

16.11.2022 21:19

Italian inflation 11.8% in October, highest since 1984

ROME. KAZINFORM - Italy's annual inflation rate was 11.8% in October, the highest level since March 1984 and up from 8.9% in September, ISTAT said on Wednesday, ANSA reports.

15.11.2022 11:37

Over 11mln sq m of housing commissioned in Kazakhstan in 2022

ASTANA. KAZINFORM 11.7mln square meters of housing have been commissioned in Kazakhstan this year, which is 1.1% more compared to the same period in 2021. Minister of National Economy Alibek Kuantyrov said it at the Government’s weekly sitting today, Kazinform reports.

15.11.2022 10:45

Kazakhstan observes 2.5% economic growth in 2022 – Minister

ASTANA. KAZINFORM Minister of National Economy Alibek Kuantyrov announced the main indicators of the country’s economic growth since January 2022, Kazinform reports.

12.11.2022 11:22

«Kazakhstan Global Investment Forum» held at London Stock Exchange

LONDON. KAZINFORM «New Economic Diplomacy and Pathways to Invest in Kazakhstan» were in the focus of discussion during the fifth anniversary «Kazakhstan Global Investment Forum», held on November 9, 2022 at London Stock Exchange.

10.11.2022 20:21

Tentative deals totaling 73.5 bln USD signed at 5th import expo

SHANGHAI. KAZINFORM The fifth China International Import Expo (CIIE) concluded in Shanghai Thursday, with a total of 73.5 billion U.S. dollars worth of tentative deals reached for one-year purchases of goods and services.

10.11.2022 11:55

Government to spend over 6trln tenge on healthcare in 2023-2025

ASTANA. KAZINFORM 6.7trln tenge will be spent on healthcare sector of Kazakhstan in 2023-2025. 2.1trln tenge of this amount is envisaged for year 2023, according to Minister of Finance Yerulan Zhamaubayev, Kazinform reports.

09.11.2022 18:44

Abu Dhabi to host World Islamic Economic Forum in 2024

ABU DHABI. KAZINFORM The Abu Dhabi Department of Economic Development (ADDED) has announced that the UAE’s Capital will host the World Islamic Economic Forum in 2024.

08.11.2022 17:58

How can Kazakhstan benefit from increased engagement in North-South Transport Corridor

ASTANA. KAZINFORM At a time of significant geopolitical changes that disrupt global supply chains and transport networks, the role of the North-South International Transport Corridor (INTSC) is growing. More about the corridor and how Kazakhstan can benefit from increased involvement in it is in the latest article of Kazinform.

05.11.2022 11:42

Brazil reports smaller drop in GDP in 2020

RIO DE JANEIRO. KAZINFORM - Brazil´s statistics agency IBGE revised the fall of the Gross Domestic Product (GDP) - the sum of all goods and services produced in the country, to 3.3 percent in 2020. Previously, it had been disclosed that the Brazilian economy had shrunk by 3.9 percent in the first year of the pandemic. According to IBGE, in 2019, Brazil's GDP had grown by 1.2 percent, Agencia Brasil reports.