Issue 4717 - 13.06.2025
13.06.2025

President meets with Speakers of Parliament of TurkPA states

President Kassym-Jomart Tokayev of Kazakhstan met with the Speakers of Parliament of the Parliamentary Assembly of Turkic States (TurkPA) in the Kazakh capital.

Through joint efforts of the Parliamentary Assembly, Turkic solidarity becomes only greater with every passing year. This positive trend leads to the growing international authority and influence of the entire Turkic world. Most importantly, our nations share the common desire for rapprochement. Kazakhstan is interested in further developing comprehensive cooperation among the Turkic-speaking nations, said Tokayev.

The Kazakh leader stated that Kazakhstan supports the Parliamentary Assembly’s initiatives and is ready to play its part in Turkic integration.

Noting that Kazakhstan is among the founders of the Organization of Turkic States, President Tokayev highlighted that the Organization promotes economic, cultural and humanitarian development. He also urged to tap into the Organization’s potential to achieve the common goals of its member nations.

Kazakhstan chaired the Organization of Turkic States last year, implementing a number of important projects under the theme TURKTIME. Nearly 100 events, boosting Turkic integration, were held. Astana hosted the 5th World Nomad Games, which presented the Great Steppe civilization to the world. The approval of the common Turkic alphabet was historic, said Tokayev.

The Kazakh leader also recalled that the decision was made to appoint permanent representatives to the Organization of Turkic States and that greater ties were observed in trade and economic, energy, finance and investment sectors.

We highly assess the outcomes of the summits of the Organization of Turkic States and attach utmost attention to the quality realization of the agreements reached. The last informal meeting of the Heads of State in Hungary was productive. Kazakhstan is firmly committed to this positive trend. In this regard, I proposed to hold the next summit in sacred Turkistan, said the Kazakh President.

As reported earlier, Kazakh leader Kassym-Jomart Tokayev on Thursday extended his congratulations to Russian President Vladimir Putin on the occasion of Russia Day. 

By Kazinform

Kazakhstan General

13.06.2025

Head of State congratulates Russian President on Russia Day

Kazakh leader Kassym-Jomart Tokayev on Thursday extended congratulations to Russian President Vladimir Putin on the occasion of Russia Day.

In his congratulatory message, President Tokayev hailed the high level of friendship and good-neighborliness ties between the two nations, saying that they "entirely correspond to the spirit of strategic partnership and alliance". 

Kassym-Jomart...

Kazakh leader Kassym-Jomart Tokayev on Thursday extended congratulations to Russian President Vladimir Putin on the occasion of Russia Day.

In his congratulatory message, President Tokayev hailed the high level of friendship and good-neighborliness ties between the two nations, saying that they "entirely correspond to the spirit of strategic partnership and alliance". 

Kassym-Jomart...

13.06.2025

President of Kazakhstan expresses condolences to Prime Minister of India

The President of Kazakhstan conveyed words of support to the families of the victims.

Head of State Kassym-Jomart Tokayev in a telegram addressed to Indian Prime Minister Narendra Modi expressed deep condolences in connection with the numerous human casualties as a result of the crash of a passenger plane near the...

The President of Kazakhstan conveyed words of support to the families of the victims.

Head of State Kassym-Jomart Tokayev in a telegram addressed to Indian Prime Minister Narendra Modi expressed deep condolences in connection with the numerous human casualties as a result of the crash of a passenger plane near the...

13.06.2025

Senate Speaker addresses TurkPA Meeting

Chairman of the Senate Maulen Ashimbayev spoke at the 14th plenary session of the Parliamentary Assembly of Turkic States "Turkic Century: the Role of Parliamentary Diplomacy".

Speakers of the parliaments of the TURKPA member countries – Azerbaijan, Kyrgyzstan and Turkey, as well as representatives of other participating states discussed current issues...

Chairman of the Senate Maulen Ashimbayev spoke at the 14th plenary session of the Parliamentary Assembly of Turkic States "Turkic Century: the Role of Parliamentary Diplomacy".

Speakers of the parliaments of the TURKPA member countries – Azerbaijan, Kyrgyzstan and Turkey, as well as representatives of other participating states discussed current issues...

13.06.2025

Speaker of the Majilis: TurkPA parliaments are a “golden bridge” uniting our peoples and bringing our countries closer together

In Astana, the 14th plenary session of the Parliamentary Assembly of Turkic States (TurkPA) was held under the chairmanship of the Speaker of the Majilis Erlan Koshanov on the topic: “TURKTIME: the role of parliamentary diplomacy”.

The event was attended by the Chairman of the Senate of the Parliament of the...

In Astana, the 14th plenary session of the Parliamentary Assembly of Turkic States (TurkPA) was held under the chairmanship of the Speaker of the Majilis Erlan Koshanov on the topic: “TURKTIME: the role of parliamentary diplomacy”.

The event was attended by the Chairman of the Senate of the Parliament of the...

13.06.2025

Kazakhstan and Belarus strengthen cooperation in foreign policy planning

As part of implementation of the Cooperation Plan between the Ministries of Foreign Affairs of Kazakhstan and Belarus consultations on foreign policy planning issues were held at department directors’ level.

The Kazakh side was represented by Alim Kirabayev, Director of the Department of Foreign Policy Analysis and Strategic Planning of the...

As part of implementation of the Cooperation Plan between the Ministries of Foreign Affairs of Kazakhstan and Belarus consultations on foreign policy planning issues were held at department directors’ level.

The Kazakh side was represented by Alim Kirabayev, Director of the Department of Foreign Policy Analysis and Strategic Planning of the...

13.06.2025

Kazakhstan's GDP grows by 6% in January-May

According to preliminary data from the Bureau of National Statistics, the gross domestic product of Kazakhstan in January-May 2025 increased by 6% compared to the same period last year, the correspondent of the Kapital Business Information Centre reports with reference to the press service of the Ministry of National Economy.

Industrial production increased...

According to preliminary data from the Bureau of National Statistics, the gross domestic product of Kazakhstan in January-May 2025 increased by 6% compared to the same period last year, the correspondent of the Kapital Business Information Centre reports with reference to the press service of the Ministry of National Economy.

Industrial production increased...

Finance and Investment

13.06.2025

Samruk-Kazyna to demonstrate the growth of key indicators

A briefing on the interim results of the Fund’s work was held in Astana with participation of the Chairman of the Management Board and all Managing Directors.

The results of the Fund’s performance for 2024 and plans for 2025 were discussed at the briefing. The financial indicators of the Fund continue...

A briefing on the interim results of the Fund’s work was held in Astana with participation of the Chairman of the Management Board and all Managing Directors.

The results of the Fund’s performance for 2024 and plans for 2025 were discussed at the briefing. The financial indicators of the Fund continue...

13.06.2025

KAZAKH INVEST and Sialkot Chamber of Commerce Discuss Expansion of Investment Cooperation

In Astana, Deputy Chairman of the Management Board of “NC “KAZAKH INVEST” JSC Azamat Kozhanov met with Wasim Shahbaz Lodhi, Senior Vice President of the Sialkot Chamber of Commerce and Industry (SCCI). The meeting was organized with the support of the Embassy of the Republic of Kazakhstan in the Islamic Republic of Pakistan....

In Astana, Deputy Chairman of the Management Board of “NC “KAZAKH INVEST” JSC Azamat Kozhanov met with Wasim Shahbaz Lodhi, Senior Vice President of the Sialkot Chamber of Commerce and Industry (SCCI). The meeting was organized with the support of the Embassy of the Republic of Kazakhstan in the Islamic Republic of Pakistan....

13.06.2025

Outflow of direct investment from Kazakhstan has slowed sharply

By the end of 2024, the gross outflow of direct investments of Kazakhstani investors abroad amounted to $1.9 billion. Meanwhile, while in previous years (2022 and 2023) there was an increase and a generally significant volume of outflows, in 2024 a decrease of 61.5% was recorded. For reference: in 2022...

By the end of 2024, the gross outflow of direct investments of Kazakhstani investors abroad amounted to $1.9 billion. Meanwhile, while in previous years (2022 and 2023) there was an increase and a generally significant volume of outflows, in 2024 a decrease of 61.5% was recorded. For reference: in 2022...

13.06.2025

Taxes, bureaucracy and corruption hinder small businesses and young entrepreneurs in Kazakhstan

In two years, the number of active individual entrepreneurs under the age of 35 in Kazakhstan has increased by only 0.2%. The percentage of growth is so low that we can talk about stagnation. According to the Bureau of National Statistics (BNS), a total of 736.1 thousand young individual entrepreneurs...

In two years, the number of active individual entrepreneurs under the age of 35 in Kazakhstan has increased by only 0.2%. The percentage of growth is so low that we can talk about stagnation. According to the Bureau of National Statistics (BNS), a total of 736.1 thousand young individual entrepreneurs...

13.06.2025

Kazakhstan's economy becomes less resilient to shocks

Kazakhstan's debt service costs are rising. This is stated in the report on the monetary policy of the National Bank for May. According to the document, the costs of the country's state budget increased from 11.3 trillion tenge in 2018 to 30.3 trillion tenge last year. Their level relative to...

Kazakhstan's debt service costs are rising. This is stated in the report on the monetary policy of the National Bank for May. According to the document, the costs of the country's state budget increased from 11.3 trillion tenge in 2018 to 30.3 trillion tenge last year. Their level relative to...

13.06.2025

Microfinance institutions' bonds in Kazakhstan: risks and benefits for investors

Against the background of growing interest in alternative investment instruments, investors in Kazakhstan began to pay more attention to bonds of microfinance institutions (MFIs). This is one of the most effective ways to diversify your portfolio and get higher returns compared to classic bonds. The key features, risks, pros and...

Against the background of growing interest in alternative investment instruments, investors in Kazakhstan began to pay more attention to bonds of microfinance institutions (MFIs). This is one of the most effective ways to diversify your portfolio and get higher returns compared to classic bonds. The key features, risks, pros and...

13.06.2025

Nurbank decides not to pay dividends for 2024

Nurbank will not pay dividends for 2024, the decision was made at the general meeting of shareholders. Net profit in the amount of KZT13 billion will remain at the disposal of the bank, follows from the message published on the website of the Kazakhstan Stock Exchange (KASE). The decision was...

Nurbank will not pay dividends for 2024, the decision was made at the general meeting of shareholders. Net profit in the amount of KZT13 billion will remain at the disposal of the bank, follows from the message published on the website of the Kazakhstan Stock Exchange (KASE). The decision was...

13.06.2025

Transactions with index shares of Kazakhstan Stock Exchange in May amount to 18.4 billion tenge

The value of the KASE Index decreased by 1.1% in May and amounted to 5,561.46 points by the end of the month. The volume of transactions with index stocks in May amounted to 18.4 billion tenge, which is 914.2 million tenge less than in April. The largest trading volume fell...

The value of the KASE Index decreased by 1.1% in May and amounted to 5,561.46 points by the end of the month. The volume of transactions with index stocks in May amounted to 18.4 billion tenge, which is 914.2 million tenge less than in April. The largest trading volume fell...

13.06.2025

US dollar rises in price by 3 tenge in Kazakhstan

According to the results of daily trading, the weighted average dollar exchange rate amounted to 511.77 tenge, rising by 3.45 tenge. The official exchange rate of the National Bank on June 12 was set at 507.80 tenge.

In Almaty exchange offices, a dollar was bought on average at 510.58 tenge, and...

According to the results of daily trading, the weighted average dollar exchange rate amounted to 511.77 tenge, rising by 3.45 tenge. The official exchange rate of the National Bank on June 12 was set at 507.80 tenge.

In Almaty exchange offices, a dollar was bought on average at 510.58 tenge, and...

Oil and Gas Sector

13.06.2025

Rating of largest oil companies in Kazakhstan published

The concentration of Kazakhstan's oil production on three megaprojects continues to grow. The TOP-3, including Tengizchevroil (TCO; Tengiz and Korolevskoye fields), the North Caspian Operating Company consortium (NCOC; Kashagan, Kairan and Aktokty fields) and Karachaganak Petroleum Operating (KRO, Karachaganak field) concentrated 66% of the country's production by the end of...

The concentration of Kazakhstan's oil production on three megaprojects continues to grow. The TOP-3, including Tengizchevroil (TCO; Tengiz and Korolevskoye fields), the North Caspian Operating Company consortium (NCOC; Kashagan, Kairan and Aktokty fields) and Karachaganak Petroleum Operating (KRO, Karachaganak field) concentrated 66% of the country's production by the end of...

13.06.2025

Kazakhstan may update maximum oil exports in July

Kazakhstan continues to increase its oil exports, despite current commitments to limit production under the OPEC+ agreement. Traders estimate that CPC Blend shipments through the port of Novorossiysk may reach 1.75 million barrels per day in July.

The increase will bring shipments closer to the record level recorded in February. Then...

Kazakhstan continues to increase its oil exports, despite current commitments to limit production under the OPEC+ agreement. Traders estimate that CPC Blend shipments through the port of Novorossiysk may reach 1.75 million barrels per day in July.

The increase will bring shipments closer to the record level recorded in February. Then...

13.06.2025

Oil prices go up sharply to fill budget of Kazakhstan

Global oil prices are rising rapidly. This is due to the positive developments in the negotiations between the United States and China, the tension over Iran's nuclear program and the decline in oil reserves in the United States. Such changes give Kazakhstan a chance to receive additional revenues to the...

Global oil prices are rising rapidly. This is due to the positive developments in the negotiations between the United States and China, the tension over Iran's nuclear program and the decline in oil reserves in the United States. Such changes give Kazakhstan a chance to receive additional revenues to the...

Metals and Minerals

13.06.2025

Chinese corporation to build $12 billion aluminum cluster in Kazakhstan

China’s East Hope Group plans to invest over $12 billion in a large-scale project to establish a vertically integrated aluminum production complex in Kazakhstan, according to the country’s Ministry of Industry and Construction.

The initiative was announced following a meeting between Industry Minister Yersayin Nagaspayev and East Hope Group Chairman Liu Yongxing. The...

China’s East Hope Group plans to invest over $12 billion in a large-scale project to establish a vertically integrated aluminum production complex in Kazakhstan, according to the country’s Ministry of Industry and Construction.

The initiative was announced following a meeting between Industry Minister Yersayin Nagaspayev and East Hope Group Chairman Liu Yongxing. The...

13.06.2025

Gold rates in Kazakhstan updated

According to the National Bank of Kazakhstan, the price of gold is 54,498.32 tenge per gram as of June 12.

On Thursday, June 5, the price of the precious metal stood at approximately 55,325 tenge.

Earlier reports indicated that Kazakhstan is among the world’s top 20 countries in terms of gold reserves. Over the...

According to the National Bank of Kazakhstan, the price of gold is 54,498.32 tenge per gram as of June 12.

On Thursday, June 5, the price of the precious metal stood at approximately 55,325 tenge.

Earlier reports indicated that Kazakhstan is among the world’s top 20 countries in terms of gold reserves. Over the...

Energy Industry

13.06.2025

Kazakhstan expands investment potential in energy sector

The Ministry of Energy has provided data on the investment picture in the energy sector.

According to the Ministry of Energy, in 2024, more than 30 meetings of the Investment Attraction Council were held in the country, where energy projects worth over $10 billion were considered. Particular attention is paid to...

The Ministry of Energy has provided data on the investment picture in the energy sector.

According to the Ministry of Energy, in 2024, more than 30 meetings of the Investment Attraction Council were held in the country, where energy projects worth over $10 billion were considered. Particular attention is paid to...

13.06.2025

Kazakhstan to sign over 20 documents at Power Central Asia + China regional energy forum

On June 16-17, 2025, Astana will host the first regional energy forum Power Central Asia + China, to be held in conjunction with the Central Asia – China Summit, according the Kazakh Energy Ministry. 

The event is organized by the Ministry of Energy of Kazakhstan in partnership with the Association for...

On June 16-17, 2025, Astana will host the first regional energy forum Power Central Asia + China, to be held in conjunction with the Central Asia – China Summit, according the Kazakh Energy Ministry. 

The event is organized by the Ministry of Energy of Kazakhstan in partnership with the Association for...

Trade and Consumer Goods

13.06.2025

Kazakh PM held a meeting with the delegation of the Islamic Republic of Iran

Prime Minister of the Republic of Kazakhstan Olzhas Bektenov held a meeting with the delegation of the Islamic Republic of Iran headed by the Minister of Agricultural Jihad Gholamreza Nouri Ghezelje.

Kazakhstan intends to increase grain exports to 2 million tons of wheat and 1 million tons of barley per year....

Prime Minister of the Republic of Kazakhstan Olzhas Bektenov held a meeting with the delegation of the Islamic Republic of Iran headed by the Minister of Agricultural Jihad Gholamreza Nouri Ghezelje.

Kazakhstan intends to increase grain exports to 2 million tons of wheat and 1 million tons of barley per year....

13.06.2025

KAZAKH INVEST Participated in the Astana International Trade Forum

“NC “KAZAKH INVEST” JSC took part in the Astana International Trade Forum — a major international platform that brought together government officials, business leaders, and experts to discuss pressing issues of global trade, transit, and logistics.

One of the forum’s key events was the plenary session titled “Kazakhstan — A Strategic Hub...

“NC “KAZAKH INVEST” JSC took part in the Astana International Trade Forum — a major international platform that brought together government officials, business leaders, and experts to discuss pressing issues of global trade, transit, and logistics.

One of the forum’s key events was the plenary session titled “Kazakhstan — A Strategic Hub...

13.06.2025

France buys leather bags in Kazakhstan and sells milk

France began to buy fewer goods in Kazakhstan. In January-April of this year, the trade turnover between the two countries decreased by 7% to $1.6 billion compared to the same period last year.

Exports decreased by 7.2%, to 1.8 million tonnes, and in monetary terms by 14.8%, to $1.2 billion.

Oil traditionally...

France began to buy fewer goods in Kazakhstan. In January-April of this year, the trade turnover between the two countries decreased by 7% to $1.6 billion compared to the same period last year.

Exports decreased by 7.2%, to 1.8 million tonnes, and in monetary terms by 14.8%, to $1.2 billion.

Oil traditionally...

13.06.2025

Russian-Chinese trade turnover decreases by 8%

Mutual trade between China and Russia continues to decline, while China's overall trade turnover with other countries is growing. Traditionally, Russian exports to China are based on hydrocarbons, the supply of which to China is noticeably decreasing both in physical and monetary terms. Russia is gradually losing interest in Chinese...

Mutual trade between China and Russia continues to decline, while China's overall trade turnover with other countries is growing. Traditionally, Russian exports to China are based on hydrocarbons, the supply of which to China is noticeably decreasing both in physical and monetary terms. Russia is gradually losing interest in Chinese...

Agriculture

13.06.2025

Farmers in Pavlodar region of Kazakhstan water fields with waste

Facts of illegal use of waste in irrigated fields have been revealed in the Pavlodar region. The farm of Ushterek & K used liquid waste without the necessary environmental permit.

Meanwhile, pollutants entered the atmosphere, the standards of which were not provided for in the documents.

As a result of the audit,...

Facts of illegal use of waste in irrigated fields have been revealed in the Pavlodar region. The farm of Ushterek & K used liquid waste without the necessary environmental permit.

Meanwhile, pollutants entered the atmosphere, the standards of which were not provided for in the documents.

As a result of the audit,...

13.06.2025

Garlic processing plant opens in Kazakhstan's Turkestan region

The delegation of the Turkestan region headed by Akim Nuralkhan Kusherov in Jining (China) met with the management of the Wanglin Group company, which is engaged in the cultivation and processing of garlic. Strategic partnership and investment projects in the agricultural sector of the Turkestan region were discussed at the...

The delegation of the Turkestan region headed by Akim Nuralkhan Kusherov in Jining (China) met with the management of the Wanglin Group company, which is engaged in the cultivation and processing of garlic. Strategic partnership and investment projects in the agricultural sector of the Turkestan region were discussed at the...

Communications and Transportation

13.06.2025

Cargo turnover in Kazakhstan increases by 13.6% in five months

The volume of cargo transportation in January-May 2025 amounted to 455.9 million tonnes of cargo, which is 11.9% more than the level of the same period in 2024. Cargo turnover also increased by 13.6%, reaching 229.4 billion t-km, the Kapital Business Information Centre reports.kz with reference to the press...

The volume of cargo transportation in January-May 2025 amounted to 455.9 million tonnes of cargo, which is 11.9% more than the level of the same period in 2024. Cargo turnover also increased by 13.6%, reaching 229.4 billion t-km, the Kapital Business Information Centre reports.kz with reference to the press service of the...

13.06.2025

E-commerce in Kazakhstan increases fivefold since pandemic

By the end of 2024, the volume of electronic commerce in Kazakhstan amounted to about 3.2 trillion tenge, or 14.1% of the total retail trade. Since 2020, the indicator has increased 5 times, said Asset Nussupov, Vice Minister of Trade and Integration of Kazakhstan.

"The potential for growth remains, given the...

By the end of 2024, the volume of electronic commerce in Kazakhstan amounted to about 3.2 trillion tenge, or 14.1% of the total retail trade. Since 2020, the indicator has increased 5 times, said Asset Nussupov, Vice Minister of Trade and Integration of Kazakhstan.

"The potential for growth remains, given the...

13.06.2025

Kazakhstanis get legal access to Starlink Internet

Kazakhstanis will be able to connect to the Starlink satellite Internet this year. This is reported by the Ministry of Digital Development. The official launch of sales of terminals for the public will take place in the third quarter. The agreement with the company has already been signed.

The ministry hopes...

Kazakhstanis will be able to connect to the Starlink satellite Internet this year. This is reported by the Ministry of Digital Development. The official launch of sales of terminals for the public will take place in the third quarter. The agreement with the company has already been signed.

The ministry hopes...

13.06.2025

China hands over first diesel-electric locomotives of CKD6H series to Kazakhstan

China has handed over to the Kazakh customer the first diesel-electric locomotives of the CKD6H series, the portal of the newspaper Sichuanjingji zhibao (the daily newspaper "Economy of Sichuan") reports.

The ceremony of handing over diesel locomotives with a hybrid power plant took place on Wednesday at the Almaty station with...

China has handed over to the Kazakh customer the first diesel-electric locomotives of the CKD6H series, the portal of the newspaper Sichuanjingji zhibao (the daily newspaper "Economy of Sichuan") reports.

The ceremony of handing over diesel locomotives with a hybrid power plant took place on Wednesday at the Almaty station with...

13.06.2025

China-Kazakhstan air market sees rapid expansion

The air transport market between China and Kazakhstan is going through a great period of growth, according to Peter Foster, CEO of Air Astana, the flag carrier airline of the Central Asian country.

Last year, the market grew by 55 percent last year, and it saw 15 percent growth during the...

The air transport market between China and Kazakhstan is going through a great period of growth, according to Peter Foster, CEO of Air Astana, the flag carrier airline of the Central Asian country.

Last year, the market grew by 55 percent last year, and it saw 15 percent growth during the...

13.06.2025

Cargo carriage via Kazakhstan grows by 7.1%

Cargo carriage volume through Kazakhstan increased by 7.1% in 2024 to reach 34.6 million tons.

"Today, Kazakhstan has a ramified network of transport communication and is connected with all key international transport corridors to enter the global markets. There are five international railway and eight road corridors in Kazakhstan. Last year,...

Cargo carriage volume through Kazakhstan increased by 7.1% in 2024 to reach 34.6 million tons.

"Today, Kazakhstan has a ramified network of transport communication and is connected with all key international transport corridors to enter the global markets. There are five international railway and eight road corridors in Kazakhstan. Last year,...

13.06.2025

Volume of freight carried via TITR increases sixfold

As of today, its carrying capacity is 6 million tons a year. For the past five years, the volume of freight carried through the TITR grew sixfold. In 2024, it rose by 62% to reach 4.5 million tons against 2.8 million tons recorded in 2023, transport policy department director of...

As of today, its carrying capacity is 6 million tons a year. For the past five years, the volume of freight carried through the TITR grew sixfold. In 2024, it rose by 62% to reach 4.5 million tons against 2.8 million tons recorded in 2023, transport policy department director of...

13.06.2025

Kazakhstan to build shipyard worth KZT135 billion

From 2025 to 2030, Kazakhstan is set to build container terminals in Aktau port, on an area of 171 hectares, worth 150 billion tenge, according to director of the transport policy department of the Kazakh Transport Ministry Dinmukhamed Sembayev.

This will add an additional 350 thousand TEU of capacity.“It is also...

From 2025 to 2030, Kazakhstan is set to build container terminals in Aktau port, on an area of 171 hectares, worth 150 billion tenge, according to director of the transport policy department of the Kazakh Transport Ministry Dinmukhamed Sembayev.

This will add an additional 350 thousand TEU of capacity.“It is also...

Real Estate and Construction

13.06.2025

Analysts expect prices in housing market in Kazakhstan to stabilise

Analysts at Halyk Finance have noticed a cooling in demand in the housing market. This may be indicated by the fact that property prices are rising more slowly than overall inflation. Experts believe that the reason is the large number of offers on the market, which holds back price growth.

"Despite...

Analysts at Halyk Finance have noticed a cooling in demand in the housing market. This may be indicated by the fact that property prices are rising more slowly than overall inflation. Experts believe that the reason is the large number of offers on the market, which holds back price growth.

"Despite...

Pharmaceutical and Healthcare News

13.06.2025

Kazakhstan notes growing demand for dental services and shortage of doctors

In the first quarter of this year, 60.1 billion tenge worth of dental services were provided in the country, which is 50.2% more in value terms than in the same period last year.

The main volume of services was provided at the expense of the population 87.1% of the total figure...

In the first quarter of this year, 60.1 billion tenge worth of dental services were provided in the country, which is 50.2% more in value terms than in the same period last year.

The main volume of services was provided at the expense of the population 87.1% of the total figure...

Regional News

13.06.2025

Russian State Duma approves bill on introduction of new form of money in budget process

The draft law on the phased integration of the digital rouble into the budget process was approved by the State Duma on June 11 in the first reading. Starting in October, this technology is planned to be used in a pilot mode for such types of payments as budget subsidies,...

The draft law on the phased integration of the digital rouble into the budget process was approved by the State Duma on June 11 in the first reading. Starting in October, this technology is planned to be used in a pilot mode for such types of payments as budget subsidies,...

13.06.2025

Sanctions against Russia lead to increase in use of anti-search bans in United Kingdom

In the UK, over the past five years, the total number of cases in the courts has increased on the imposition of anti-search prohibitions that prevent the initiation of proceedings in another jurisdiction. In 74% of cases, sanctions against Russia were the main factor for the parties requesting such measures....

In the UK, over the past five years, the total number of cases in the courts has increased on the imposition of anti-search prohibitions that prevent the initiation of proceedings in another jurisdiction. In 74% of cases, sanctions against Russia were the main factor for the parties requesting such measures....

13.06.2025

Chinese seaport cities record rapid growth of port economy in 2024

The added value of Chinese seaport cities in the port economy in 2024 reached 6.7 trillion yuan (about 933 billion US dollar), which is 360.6 billion yuan more than in 2023. This is reported in a report distributed as part of the 3rd Tianjin International Shipping Exhibition, which opened here...

The added value of Chinese seaport cities in the port economy in 2024 reached 6.7 trillion yuan (about 933 billion US dollar), which is 360.6 billion yuan more than in 2023. This is reported in a report distributed as part of the 3rd Tianjin International Shipping Exhibition, which opened here...

13.06.2025

Trading on Chinese stock exchanges ends with multidirectional movement of quotations

Trading on Chinese stock exchanges ended today with a multidirectional movement of quotations. The Shanghai Composite index, reflecting the situation on the Shanghai Stock Exchange, increased by 0.01 percent. compared to the previous trading day, it amounted to 3,402.66 points.

The indicator Shenzhen component, which is an indicator of business activity...

Trading on Chinese stock exchanges ended today with a multidirectional movement of quotations. The Shanghai Composite index, reflecting the situation on the Shanghai Stock Exchange, increased by 0.01 percent. compared to the previous trading day, it amounted to 3,402.66 points.

The indicator Shenzhen component, which is an indicator of business activity...

13.06.2025

China's transport system passes 64.59 billion interregional trips in 2024

In 2024, Chinese residents made 64.59 billion interregional trips, which is 5.4 percent more than in the previous year. This is evidenced by the statistical report on the development of the transport industry for 2024, released on Thursday by the Ministry of Transport of the People's Republic of China.

According to...

In 2024, Chinese residents made 64.59 billion interregional trips, which is 5.4 percent more than in the previous year. This is evidenced by the statistical report on the development of the transport industry for 2024, released on Thursday by the Ministry of Transport of the People's Republic of China.

According to...

Prices and Statistics

13.06.2025

Commodities

Date: June 13, 2025; Source: Bloomberg.com
...

Date: June 13, 2025; Source: Bloomberg.com

13.06.2025

Exchange Rates

Date: June 13, 2025; Source: the National Bank of Kazakhstan
1 US DOLLAR USD / KZT 511.77
1 EURO EUR / KZT 593.19
1 RUSSIAN ROUBLE RUB / KZT 6.41
1 CHINESE YUAN CNY / KZT 71.33
1 KYRGYZIAN SOM KGS / KZT 5.85
1 GREAT BRITAIN POUND GBP / KZT 695.39
1 CANADIAN DOLLAR CAD / KZT 375.34
1 AUSTRALIAN DOLLAR AUD / KZT 333.42
...

Date: June 13, 2025; Source: the National Bank of Kazakhstan

1 US DOLLAR

USD / KZT

511.77

1 EURO

EUR / KZT

593.19

1 RUSSIAN ROUBLE

RUB / KZT

6.41

1 CHINESE YUAN

CNY / KZT

71.33

1 KYRGYZIAN SOM

KGS / KZT

5.85

1 GREAT BRITAIN POUND

GBP / KZT

695.39

1 CANADIAN DOLLAR

CAD / KZT

375.34

1 AUSTRALIAN DOLLAR

AUD / KZT

333.42