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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
Putin Launches Russian Gas Shipments to Uzbekistan
Russian Vladimir Putin on Saturday announced the start of gas supplies to Uzbekistan via Kazakhstan, a boost for Russia’s industry hit by a flurry of Western sanctions over the offensive in Ukraine.