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Tag: Kazakhstan

Posted on October 13, 2023

KT&G to establish a new factory in Kazakhstan that will serve as a Global Manufacturing Innovation Hub

Ongoing growth investments in the overseas business sector Reaffirming commitment to the company’s ‘Global Top-tier’ vision SEOUL, South Korea, Oct. 12, 2023 /PRNewswire/ — KT&G Corporation (“KT&G”) …
Posted on October 13, 2023

(LEAD) KT&G begins construction in Kazakhstan of 4th overseas plant

KT&G Corp., South Korea’s dominant tobacco company, said Thursday it has begun construction in Kazakhstan of its fourth overseas plant as part of its expansion strategy. KT&G aims to complete the …
Posted on October 13, 2023

Bright Outlook for Central Asia: Kazakhstan’s Growth Set to Rebound, Says IMF

Kazakhstan’s growth is poised to make a strong comeback this year, thanks to robust domestic demand and increased oil production, driven by the alleviation of operational constraints affecting the …
Posted on October 11, 2023

Skoda Auto to re-enter Kazakhstan market

Anticipating local market growth, Skoda, a Volkswagen subsidiary, pointed out that only 186 cars are registered per 1,000 residents in Kazakhstan compared to 567 per 1,000 in the EU. Skoda—which took …
Posted on October 11, 2023

ING: Fiscal policy key watch factor for Kazakhstan’s financial market

By Dmitry Dolgin ING has initiated regular coverage of Kazakhstan. The bank’s chief economist, CIS, Dmitry Dolgin and EM sovereign strategist James Wilson, take a broad look at what the recent …
Posted on October 10, 2023

Kazakhstan Returns Assets Worth $453.9 Million in Nine Months of 2023

ASTANA – Kazakhstan has returned assets worth 217 billion tenge ($453.9 million) in nine months of 2023, Financial Monitoring Agency Chairman Zhanat Elimanov said at an Oct. 9 meeting with President …
Posted on October 10, 2023

Kazakhstan Returns Assets Worth $453.9 Million in Nine Months of 2023

ASTANA – Kazakhstan has returned assets worth 217 billion tenge ($453.9 million) in nine months of 2023, Financial Monitoring Agency Chairman Zhanat Elimanov said at an Oct. 9 meeting with President …
Posted on October 10, 2023

Kazakhstan, Iran Eye To Boost Trade Turnover Almost Sixfold

( MENAFN – Trend News Agency) ASTANA, Kazakhstan, October 10. Kazakhstan and Iran plan to increase trade turnover between the countries to $3 billion, said Minister of National Economy Alibek …
Posted on October 9, 2023

Türkiye’s Eren Holding Considers Investing in Kazakhstan

ASTANA – Eren Holding, Türkiye’s major multi business conglomerate, is exploring potential investment opportunities in Kazakhstan’s paper, energy, and textile sectors, the holding’s CEO Ahmet Eren …
Posted on October 9, 2023

Kazakhstan to organize evacuation of its citizens from Israel

ASTANA, Kazakhstan, October 9. Kazakhstan will organize evacuation of its citizens from Israel following the ongoing armed clashes with Hamas militant group, said the official representative of the …

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