Kazakhstan: over 2 thousand online shops registered

There are more than two thousand online stores in Kazakhstan, Bakhyt Sultanov, Minister of Trade and Integration of the Republic of Kazakhstan, has announced at a Government meeting. “COVID-19 pandemic leads to a significant growth in online shopping. The increase in sales through B2C (Business-to-Consumer) channels is especially noticeable in online trade of medicines, household…

Kazakhstan: GDP down in H1 2020

According to the results of the first half of 2020, Kazakhstan’s GDP has decreased by 1.8%, while the forecast was -1.5%. This is due to the downturn in the service sector, despite the relaxation of quarantine measures and the opening of trade and catering facilities from mid-May. According to the National Bank, such industries, as…