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Business news in Almaty (page 13 of 15)

02/21/2018 18:35Almaty mayor presents the city's development plan until 2020    ( (press release) )
Akim of Almaty also noted that the principle of polycentricity is applied not only in the downtown core but in all districts of Kazakhstan's largest city. For example, according to him, Nauryzbay district now has a new administrative center, 2 schools, 3 polyclinics, post and bank offices, as well as a leisure ...
02/21/2018 00:50Grain reserves in Kazakhstan decreasing    ( Trend News Agency )
In January 2018, the level of grain stocks in Kazakhstan declined in almost all regions except Almaty, where grain reserves increased from 6,838 to 7,183 tons. The largest decline of grain reserves was indicated in the three largest spots - the North-Kazakhstan, Akmola and Kostanay regions, Kazakh ...
02/20/2018 19:00Kazakh association takes initiative to create rules of the game on crypto-currency market in EAEU    ( Astana Times )
ALMATY – Organisers of the Feb. 16 International Crypto Conference 2018 in Almaty said their goal was to become a “translator of the Eurasian view on the problems of the crypto-currency industry development.” Chairman of the Board of the Kazakhstan Association of Blockchain and Crypto-currency ...
02/20/2018 01:05Retail industry of Kazakhstan grows by 4.3% in January    ( AKIpress (press release) )
AKIPRESS.COM - Retail industry of Kazakhstan amounted to 625.7 billion KZT in January 2018 and grew by 4.3% year-on-year, according to the Statistics Committee of the Ministry of National Economy of Kazakhstan said. Almaty's share was the biggest in the country's overall retail trade industry ...
02/19/2018 16:40Alageum Electric expands export borders    ( Astana Times )
ASTANA – Alageum Electric, one of Kazakhstan's major electrical engineering companies, offers a wide range of products and services. ... Kentau and Ural transformer plants (transformer and electrical product production), Almaty Electromechanical Plant (cabinet unit manufacturer) and Electromontazh ...
02/17/2018 08:45Meeting in Rome: Kazakhstan, Italy discuss cooperation across many spheres    ( (press release) )
ASTANA. KAZINFORM - Kazakhstan-Italian Intergovernmental Working Group held a meeting in Rome this week, informs. The Italian party was represented by Vice-Minister of Economic Development of Italy Ivan Scalfarotto. "I would like to note that Italy is one of the main trade partners ...
02/16/2018 21:00India's PNB identifies $1.7bn worth fraudulent transactions    ( Banking Business Review )
It also manages representative offices in Almaty of Kazakhstan, Shanghai of China, Oslo of Norway and Sydney of Australia. PNB has 20% stake in Nepal's Everest Bank, which manages 50 branches. PNB offers personal, corporate, international and capital services to its customers. Its corporate ...
02/16/2018 02:55Kazakhstan's 2017 foreign trade surplus surges to $19bn    ( Business Recorder )
ALMATY: Kazakhstan's foreign trade surplus widened to $19.0 billion last year from $11.4 billion in 2016, the Statistics Committee said on Thursday. Italy and China were Kazakhstan's largest export markets in the period, accounting for 17.9 percent and 12.0 percent of revenue, respectively.
02/15/2018 01:00How Asia won the rights to host three Olympics in a row    ( The Japan Times )
By late 2014, only two bids remained to host the 2022 Games — Almaty, Kazakhstan , and Beijing, China. When your choices are China or a country with an economy smaller than Iraq's or Algeria's, you pick China. The good news is that the economic and political environments have recovered enough ...
02/14/2018 23:05Japan plans to open External Trade Organization office in Kazakhstan    ( AKIpress (press release) )
An agreement was reached on holding a meeting in Almaty between the representatives of Japanese businesses in order to review and improve business environment in Kazakhstan. Tuykbayev and Kawabata also discussed the possibility of opening an office of the Japan External Trade Organization ...
02/14/2018 18:45Kazakhstan and Japan to hold economic cooperation meeting in April    ( Times of Central Asia )
An agreement was reached to hold a meeting with representatives of Japanese business in Almaty, where topical issues of improving business conditions in Kazakhstan will be discussed. In addition, participation of Japanese companies Marubeni and Tokyo Rope in the implementation of investment ...
02/14/2018 08:45Kazakhstan to spend $60mn annually for three years on Astana International Financial Centre    ( bne IntelliNews )
The country's existing bourse in the largest Kazakh city Almaty is widely regarded as a flop and analysts are none too sure that this second go in the capital will be a success either. However, the new exchange is 25.1% owned by the Shanghai Stock Exchange (SSE), which might lend it some credence.
02/14/2018 06:45Kazakhstan's Tengizchevroil increases oil production    ( Trend News Agency )
The Tengizchevroil (TCO) oil company produced 28.7 million tons of crude oil (229 million barrels) in 2017, the Director General of the company Ted Echtison said at a press conference in Almaty, Kazakh media outlets reported. Etchison stressed that the mentioned figure is a record for the company's oil ...
02/13/2018 10:55Extension of credit facility with EDB    ( London South East (blog) )
Almaty, 12 February 2018 - Kcell Joint Stock Company ("Kcell" or the "Company") (LSE, KASE: KCEL), the leading provider of mobile telecommunications services in Kazakhstan by market share in terms of revenue and subscribers, announces that following the Company's Board approval, Kcell has ...
02/13/2018 08:55Alumni Spotlight: Paul Nathanson on Strategic Communications    ( BU Today )
In 1993, Nathanson joined The PBN Company as the Managing Director of its Washington, DC office. PBN was the first western public relations firm to open an office in the former Soviet Union and had offices in Moscow, Russia; Kiev, Ukraine; Chisinau, Moldova; Almaty, Kazakhstan; and, Riga, Latvia.
02/13/2018 02:50/ 5 reasons why the Winter Olympic Games should not even exist    ( India Today )
The International Olympic Committee (IOC) was forced to pick between Beijing, China and Almaty, Kazakhstan as the host city for 2022 games after Munich, Krakow, Stockholm, Oslo and St. Moritz pulled. Beijing eventually won the two-horse race. The first Winter Olympics was held in 1924. (Reuters).
02/12/2018 20:40PwC Armenia holds a blockchain conference    ( )
The speakers of the conference were Torsten Thieme, Digital and Technology Leader, PwC Kazakhstan; Ruslan Gabitov, Board Member of Kazakhstan IT-managers Society and Almaty Tech Garden representative; Matt Bartelsian, Director of Business Development & Partnerships of VOLO; Ruben ...
02/09/2018 02:40Kazakhstan focuses on water efficiency to ease water sharing with China    ( Times of Central Asia )
ALMATY (TCA) — The use of water of transboundary rivers is a sensitive economic, environmental, and political issue in Central Asia. In Kazakhstan, the government is now shifting focus to domestic water saving measures to reduce reliance on river water flowing from China. We are republishing this ...
02/08/2018 18:45EU, EBRD programme offers services to Central Asian SMEs    ( Astana Times )
ASTANA – A new Regional Small Business Programme (RSBP) launched by the European Union (EU) and European Bank for Reconstruction and Development (EBRD) in Almaty Jan. 30 will provide online training and knowledge-sharing platforms for small and medium-sized enterprises (SMEs) in the ...
02/07/2018 08:45Universa – The Project Striving to Connect Businesses and the Blockchain Starts Token Distribution    ( ChipIn )
... the attempts to solidify and grow the Universa community, the team is now preparing a large hackathon that will cover as many as 10 cities in Russia, from Saint Petersburg and Moscow in the West to Vladivostok in the Far East, as well as the Belarusian capital city, Minsk, and Almaty in Kazakhstan.


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