Economy
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Kazakhstan to boost gas and oil output
Kazakhstan is expected to produce 90.5 million tons of oil in 2023, which is 7% higher than in 2022. The…
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Wildberries to invest $94.6 million in logistics centers in Kyrgyzstan
The Russian e-commerce giant Wildberries is planning to build two logistics centers in Kyrgyzstan, according to the company’s founder, Tatyana…
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Kazakhstan imposes temporary ban on import of jet fuel from Russia
Kazakhstan Temir Zholy (KTZ), the national railway company in Kazakhstan, has banned the supply of jet fuel from Russia to…
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Kazakhstan’s GDP growth for the first five months reached 4.5%
Prime Minister Alikhan Smailov announced that Kazakhstan’s GDP growth for the first five months of the year stood at 4.5%…
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Air Astana faces $15mn fine over ticket prices
On June 8, the Specialized Administrative Interdistrict Court of Almaty imposed an administrative fine of 6.7 billion tenge on Air…
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Kazakhstan plans to build Industrial Trade and Logistics Complex on border with Kyrgyzstan
An industrial trade and logistics complex will be established on the border of Kazakhstan and Kyrgyzstan. The agreement was signed…
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Fitch retains Kazakhstan’s ‘BBB’ rating with stable outlook
International credit rating agency Fitch Ratings has affirmed Kazakhstan’s sovereign credit rating at ‘BBB’, Turanews.kz reports citing Jibek Joly TV.…
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Agreement between Kazakhstan and Türkiye on simplification of customs control ratified by the Mazhilis
The deputies of the Mazhilis (the lower house of the bicameral Parliament of Kazakhstan) have adopted the draft law “On the…
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Kazakh foreign trade hits record high in 2022
Last year, Kazakhstan exported non-commodity products worth $26.5 billion, which set a record. Vice-Minister of Trade and Integration Kairat Torebayev…
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Kazakhstan and Kyrgyzstan plan to increase trade turnover to $2 billion
Prime Minister of Kazakhstan Alikhan Smayilov held talks with the Chairman of the Cabinet of Ministers of Kyrgyzstan – Head…
