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Kazakhstan News

Kazakhstan To Receive $88 Million For Stimulating Productive Innovation Kazakhstan News

Kazakhstan To Receive $88 Million For Stimulating Productive Innovation

During the recent Astana-based expanded meeting of the Committee on Science and Socio-Cultural Development under the Senate of Kazakhstan, the deputies considered and approved for further consideration a new draft law “On ratification of the Agreement on the loan for stimulating productive innovation concluded between Kazakhstan and the International Bank for Reconstruction and Development." January 14 2016, 13:09 1 579 просмотрs
Tax Code of Kazakhstan Amended Kazakhstan News

Tax Code of Kazakhstan Amended

On January 1, 2016, the Tax Code of Kazakhstan was amended in relation to administration of indirect taxes within the Customs Union. In accordance with the agreement on establishment of the Eurasian Economic Union (EEU), if the goods imported from one EEU member state to another are not in the category of excise goods, the taxes for the cargo are collected by the competent specialized services of the country which imports the goods. January 13 2016, 04:11 1 782 просмотрs
Large-Scale Military Exercises Started In Kazakhstan Kazakhstan News

Large-Scale Military Exercises Started In Kazakhstan

In Kazakhstan, upon a practice alert, all kinds of national armed forces were alarmed and placed in operational readiness, as announced by the Ministry of Defense on January 9. According to the report, “Upon the training alert, all kinds of armed forces of the republic, all branches of military and the troops of regional commands were alarmed. They have been placed in the highest operational readiness." As noted further, “The main objective of the ongoing activities is to enhance coordination and coherence of personnel and command staff in implementation of tasks in a timely manner." January 11 2016, 10:38 1 660 просмотрs
Kazakhstan's Real Estate Market Expecting Another Shock Kazakhstan News

Kazakhstan's Real Estate Market Expecting Another Shock

On February 1, the real estate market of Kazakhstan will experience another shock caused by the increase in the difference between buying and selling rates of foreign currencies in the country. Local specialized publications report that exchange offices and commercial banks have obtained the right to introduce new buying and selling rates of currencies. For example, this difference will be 6 tenge for the dollar exchange rate and 7 tenge for the euro. For comparison, today these figures stand at 2 and 3 tenge respectively. January 8 2016, 10:52 1 686 просмотрs