Kazakhstan Eases Rules for Int’l Banks to Increase Competition

ASTANA – Kazakhstan plans to introduce amendments to law on financial market development and consumer protection in financial services to attract foreign financial institutions and increase competition...


Regional Forum Highlights Five Years of Progress in Disaster Preparedness & Social Protection in Central Asia

ASTANA – The Strengthening Financial Resilience and Accelerating Risk Reduction in Central Asia program (SFRARR) – funded by the European Union (EU) and implemented by the Global...


Top Profit-Generating State Companies in Kazakhstan Listed

ASTANA – The State Property and Privatization Committee of Kazakhstan’s Ministry of Finance named  the most profitable state and quasi-state companies, reported Kazinform. The list includes SK-Pharmacy,...


Kazakh PM Addresses Prospects for Strengthening SCO Cooperation at Islamabad Meeting

ASTANA – Kazakh Prime Minister Olzhas Bektenov outlined key areas for strengthening cooperation between the Shanghai Cooperation Organization (SCO) member states during an Oct. 16 SCO Heads...


Lord Burnett Leads AIFC Court as Chief Justice After Decades as Lawyer and Judge in UK

ASTANA — Born in Sussex, the United Kingdom (UK), in 1958, Ian Duncan Burnett, Baron Burnett of Maldon, who held the position of Lord Chief Justice of...


Astana Think Tank Forum: Middle Powers’ Strategies, Kazakhstan’s Role in Fostering Global Supply Chains

ASTANA — The session, Navigating Global Influence: Strategic Responses, that took place at the Astana Think Tank Forum on Oct. 16 in the Kazakh capital, explored how...


Astana Think Tank Forum Discusses Middle Powers’ Role in Global Order

ASTANA – The Astana Think Tank Forum 2024 opened on Oct. 16 in the capital, centered on the theme Middle Powers in a Changing Global Order: Strengthening...


Kazakhstan Outlines Position on Joining BRICS 

ASTANA – Kazakhstan will refrain from submitting an application to BRICS (Brazil, Russia, India, China, South Africa), at present and likely in the foreseeable future, considering the...


Kazakh and Armenian Presidents Visit Astana International Financial Centre

ASTANA – President Kassym-Jomart Tokayev and President of Armenia Vahagn Khachaturyan, who is on an official visit to Kazakhstan, toured the Astana International Financial Centre (AIFC) on...


EU Confirms its Interest in Attracting Expertise and Investment for TITR Progress

ASTANA – The European delegation confirmed its interest in developing the Trans-Caspian International Transport Route (TITR) by attracting expertise and investments within the Global Gateway strategy during...


Why is Sustainable Finance Vital for Central Asia’s Growth

Central Asia is undergoing a transformation to address the urgent challenges of climate change. Governments are adopting sustainable practices to improve environmental quality, ensure energy security, and...


Kazakhstan Adopts Infrastructure Dev’t Plan Until 2029

ASTANA – The Kazakh government has adopted a National Infrastructure Plan until 2029, which includes 204 projects in energy, transport, digital, and water infrastructure sectors worth nearly...


CONNECTED-2024 to Spotlight Redesign of Global Education System in Astana 

ASTANA – The CONNECTED-2024, an international conference about rethinking the image of the future through the prism of the worldview of cultures and philosophies, technologies and innovations,...


Dutch Trade Mission Explores Port Development and Logistics in Kazakhstan

ASTANA — A Dutch trade mission representing seven companies from key sectors visited Kazakhstan from Oct. 7-10 to explore new port development and logistics opportunities along the...


Telegram to Open Office in Kazakhstan

ASTANA – Telegram, a cloud-based, cross-platform, social media and instant messaging service, is set to open an office in Kazakhstan, said Kazakh Minister of Digital Development, Innovation...


Kazakhstan, Armenia Advance Political, Economic & Cultural Partnership

ASTANA – President of Kazakhstan Kassym-Jomart Tokayev and President of Armenia Vahagn Khachaturyan discussed prospects for strengthening bilateral cooperation in the political, trade, economic, cultural and humanitarian...


Kazakhstan, EU Deepen Economic Ties, Expand Business Cooperation  

ASTANA – Kazakh Deputy Prime Minister and Foreign Minister Murat Nurtleu paid an official visit to the Grand Duchy of Luxembourg on Oct. 14 to attend the...


Central Asian States, South Korea Promote Parliamentary Cooperation

ASTANA – Central Asian states and South Korea held the second parliamentary meeting to promote cooperation and mutual trust on Oct. 14 in Ashgabat. During the Partnership...


Kazakh Farmers Expect Record Harvest This Year

ASTANA – Kazakhstan plans to harvest a record-breaking 1.2 million tons of sugar beet this year, said Agriculture Minister Aidarbek Saparov during an Oct. 14 meeting with...


Experts Raise Concerns Over Transfers from Kazakhstan’s National Fund

ASTANA – Kazakhstan’s National Fund, long viewed as a financial lifeline for the country’s future, is now under increasing scrutiny from experts due to the heavy reliance...


Kazakhstan Marks 100 Years of Berdibek Sokpakbaev, Beloved Children’s Author Behind ‘My Name is Kozha’

ASTANA – Kazakhstan marks 100 years since the birth of a prolific Kazakh writer for children, Berdibek Sokpakbaev, whose humorous and kind stories engaged children and adults...


Kazakhstan’s 6% Economic Growth Target is Achievable, but Demands Stronger Reforms, Says IMF Official 

ASTANA — Head of the International Monetary Fund (IMF) mission in Kazakhstan, Nicolas Blancher, recently spoke to The Astana Times, discussing the structural reforms the country needs...


Armenia and Kazakhstan Poised to Deepen Bilateral Relations, Says Armenian Political Expert

ASTANA – Armenia and Kazakhstan are ready to deepen bilateral relations, said Gevorg Melikyan, founder of the Armenian Institute for Resilience & Statecraft, in a recent interview...


Kazakhstan’s Honorary Consulate Opens in Greater Manchester

ASTANA – Kazakhstan opened its Honorary Consulate in Greater Manchester on Oct. 11, the Kazakh Ambassador to the United Kingdom (UK) Magzhan Ilyassov announced on his X...


Kostanai Region Launches Construction of $114.2 Million Poultry Farm

ASTANA – Canadian Chicken Ltd., specializing in poultry breeding, meat processing, and preservation, has begun the construction of a cutting-edge poultry production and processing facility in the...


Astana City Marathon Attracts Participants from 18 Countries

ASTANA – The Astana City Marathon welcomed a total of 2,300 people on Oct. 13, including not only city residents but also guests from 18 countries such...


Kazakhstan’s Petrochemical Industry Poised for Dramatic Expansion Through 2030

ASTANA – Kazakhstan is set to increase its petrochemical production from 357,800 tons in 2023 to 1.8 million tons by 2030, as outlined in the Roadmap for...


Tajikistan’s New Transmission Line to Boost Electricity Trade in Central Asia

ASTANA – The Asian Development Bank (ADB) approved a $15 million grant for Tajikistan on Oct. 8 to construct a 22-kilometer, 500-kilovolt transmission line to increase electricity...


Dollar Sales from National Fund to Top $1 Billion for October Budget Transfers

ASTANA – The National Bank of Kazakhstan (NBK) is expected to sell between $1.3 to $1.4 billion in currency from the National Fund this October, based on...


Open Skies Regime Operates in 15 Kazakh Airports

ASTANA – The open skies regime is now active at 15 airports of Kazakhstan in the cities of Astana, Almaty, Shymkent, Aktau, Aktobe, Karagandy, Oskemen, Pavlodar, Kokshetau,...