Business news in brief

On Dec. 27, 2013 Akim (Mayor) of Astana Imangali Tasmagambetov elaborated upon the development of transportation infrastructure in the city at a CCS press briefing. “Over 330...


New Laws on Taxation and Social Benefits Come Into Effect

ASTANA – A number of new laws came into effect on Jan. 1, including laws raising taxes and increasing social benefits. Owners of expensive, high-engine-capacity vehicles will...


NTI Report Notes Progress in Security of Global Nuclear Materials, Says Major Challenges Remain

ASTANA – The 2014 NTI Nuclear Materials Security Index, which assesses nuclear materials security conditions in 176 countries and which was released on Jan. 8 by the...


2013 Brought Advancements to Kazakh Oil and Gas Industry

Development of the Caspian Shelf and new geological exploration will dominate headlines surrounding the domestic oil and gas industry in the coming years. Achievements and forecasts It...


Winter Fun: Skating on the Open Ice

ASTANA – While some dislike the fact that Astana sees some of the coldest winters in the world, many others take advantage of the capital’s cold weather....


Waterways Reconstruction Creates Agricultural Opportunities in S. Kazakhstan

SHYMKENT – A newly completed inventory of reservoirs and canals in southern Kazakhstan is helping authorities recalculate water facilities, assess their status and identify dams that badly...


Kazakhstan’s Olympians Receive National Athletic Wear

ALMATY – Kazakhstan’s Sochi Winter Olympics athletes were given their first look at the team’s Olympic gear on New Year’s Eve, when performance athletic wear sets were...


Barys Beats Rival Ak Bars 2:1

Barys beat their rival, Ak Bars on their opponent’s home ice with a score of 2:1 after a very tense three periods. The team now only stands...


Major Botanical Garden Complex to Be Built for EXPO 2017

ASTANA – A State Botanical Garden with a parkland area of 97.5 hectares is one of the facilities to be constructed in the capital for the upcoming...


Almaty Naturalists Take First Place in International Ecological Competition

ALMATY – A team of young naturalists from Almaty took first place in the Rodniki (“Springs”) international competition of projects on ecology and local history held in...


Kazatomprom Becomes Shareholder of Caustic

PAVLODAR – State company NAC Kazatomprom acquired 40 percent of the ordinary shares of Caustic per President Nazarbayev’s orders on the creation of a high-grade chemical cluster...


Region’s Most Powerful Hydropower Plant Produces Green Energy

ZHAMBYL – The most powerful hydropower plant (9.2 MW) in the region was launched in May 2013 on the Tasotkel Reservoir by “A&T – Energo” and has...


New Emergency Hospital Opens in Semey, Joins Other New Medical Facilities in Region

SEMEY – An emergency hospital with the capacity to treat 325 patients officially opened in Semey at the end of December in a ceremony attended by East...


Businessman Gives $100,000 in Grants to Startups

ALMATY – Six startup companies received $100,000 in grants to develop their ideas under a “Build Your Business” contest financed by a prominent Kazakh businessman and organized...


Oil and Gas Production Set to Increase

It is estimated that Kazakhstan had produced 82 million tons of “black gold” in 2013. Experts believe oil production in Kazakhstan is set to increase year on...


Business as a Commodity: Creating, Packing, Selling

ALMATY – Two dozen Kazakh companies that provide franchising opportunities participated in the KazFranch 2013 exhibition here in December. The event was organised with support from Baiterek...


Almaty Makes Travel Guide’s List of Top 10 Cities to Visit in 2014

ALMATY – This sprawling city of 1.5 million people located in the picturesque foothills of the Tien Shan Mountains of southeastern Kazakhstan has been named one of...


A shrinking world, social media diplomacy and Kanysh Satpaev

On New Year’s Eve, as we look back on the year of 2013 quickly rushing by and think of what lies ahead of us in 2014, I...


Chess Princess Joins Barys at People’s Favourite Ceremony

ASTANA – Politicians, officials, business people, bohemia, and the media got together on Dec. 19 for the third annual ceremony of awarding prizes “People’s Favourite 2013”. Numerous...


Kazakh Military to Join UN Peacekeeping Forces

ASTANA – At the joint session of the Parliament of Kazakhstan on Dec. 20, members considered President Nursultan Nazarbayev’s proposal to send Kazakh officers to United Nations...


Poll Shows Most Kazakhs Feel Positive about the Future

ASTANA – According to the recently published opinion poll by IPSOS Mori, a leading market research company from the U.K., 86 percent of Kazakhstan’s citizens are optimistic...


Energy Economy and Policies of Kazakhstan and China

The break-up of the Soviet Union resulted in serious financial, transit, management and political problems for its former states. The emerging relationships between its former constituent parts...


Astana, Minsk and Moscow Advance Efforts to Create Eurasian Economic Union by 2015, As President Nazarbayev Urges Thorough Preparation and Care

Presidents Vladimir Putin of Russia, Nursultan Nazarbayev of Kazakhstan and Alexander Lukashenko of Belarus met in Moscow on Dec. 24 as part of the Supreme Eurasian Economic Council....


Kazakhstan Hockey Upsets U.S. in Semis, Wins Silver in Trentino Winter Universiade

Kazakhstan’s national Universiade team finished in 15th place in the medals standings at the Dec. 11 – 21 Universiade in Trentino, Italy with two gold medals, two...


Artist Enjoys Opportunity to Open New Gazeef Art Hall

ALMATY – The cultural life of the city has been enhanced by the opening of a new gallery at the Gazeeff Art Hall. The exhibition displays the...


FM Idrissov Says Relations with Traditional Partners Important, New Regions Come in Focus

ASTANA – Minister of Foreign Affairs of Kazakhstan Erlan Idrissov reported on the preliminary results of the Foreign Ministry’s activity in 2013 focusing on relations with key...


Out of Soviet Ashes, Into a Better Future? The Kazakhs Say ‘Yes’

Among the people in the former Soviet republics there’s a famous expression:  If you don’t lament the collapse of the Soviet Union, you have no heart. If...


Top Gov’t Officials Discuss Workflow Issues in Shymkent

SHYMKENT – The Agency for Civil Service Affairs of Kazakhstan held a seminar for journalists from the southern regions on Dec. 23 titled “Civil Service Reform: An...


Kazakh-U.S. Convention Looks at Expanding Strategic Partnership

Relations between the U.S. and Kazakhstan are strong and will continue to grow stronger as mutual interests will continue to push the two countries together into an...


65 Years of the Universal Declaration of Human Rights and Kazakhstan’s Contributions

This year marks the 65th anniversary of the adoption of the UN’s Universal Declaration of Human Rights on Dec. 10, 1948. This declaration became the first official...