An all-time high of 4.9 KMT of sunoil was supplied from Kazakhstan to foreign markets in January. Looking into the export dynamics of the first five months of each season, periods of high and minimum exports alternated from 2008 till 2014. By 2013/2014, exports had reached 13.6 KMT – the highest point for the time.…
As of March 1, the registered carry-over stocks of grains and pulses in Kazakhstan totaled 11.735 million tons, the Statistics Committee of the Ministry of National Economy of the Republic of Kazakhstan reported on March 21. In particular, peasant and farming households stored 2.483 million tons of grains. Wheat formed the major share of the…
Construction of a new central hospital has begun in the town of Aralsk. According to the press service of the Kyzylorda regional administration, akim (governor) of Kyzylorda region Krymbek Kusherbayev took part in the groundbreaking ceremony of the hospital. During the ceremony, governor Kusherbayev congratulated residents of Aralsk on Nauryz holiday and the onset of…
Air Astana and Lufthansa enhanced their cooperation with the signing of a code share agreement, Air Astana press service reported. The code share agreement is valid on Air Astana’s flights between Astana and Frankfurt and Lufthansa’s flights from Frankfurt to Almaty and Astana with effect from March 26. The agreement allows for increased choice for…
Russian Lada cars are still the most popular brand in Kazakhstan, Kazakh Union of Automobile Industry Enterprises said in a message. In February official dealers in the country sold 467 Lada cars. Japanese Toyota was the second best seller in Kazakhstan with 465 cars sold in the reporting month. French Renault with 238 cars sold…
The shareholders of Kazakhstan’s Tengri Bank and Capital Bank Kazakhstan have signed a memorandum of intent to merge, the press-services of two banks said in a message on March 15. The bank’s consolidated capital will be 43.2 billion tenge and the bank will rise to the 17th place among second tier banks in Kazakhstan. Currently,…
The inaugural shipment of Kazakh wheat for the Vietnamese market arrived at the seaport of Ho Chi Minh City on March 4. This pilot delivery was carried out by KTZ Express, a subsidiary of the national railways company Kazakhstan Temir Zholy (KTZ), and China-Kazakhstan International Logistics Company Lianyungang LLC, the official website of the Prime…