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Kazakhstan News

Kazakhstan developed SALT effective deposit insurance system Kazakhstan News

Kazakhstan developed SALT effective deposit insurance system

The State Kazakhstan Deposit Insurance Fund has developed a cutting edge software system named SALT. Over its history, the fund has successfully returned deposits to customers of three liquidated banks such as, Komirbank, Nauryzbank, and Valyut-Tranzit Bank. According to the chairperson of the Fund Bakhyt Mazhenova, bankruptcy of the Valyut-Tranzit Bank caused major problems, because the number of its depositors exceeded more than 265,000. January 21 2014, 12:23 2 340 views
Kazakhstan eyes its 'Cannabis Klondike' Kazakhstan News

Kazakhstan eyes its 'Cannabis Klondike'

Despite a heavy-handed campaign against drug trafficking and related crime in the country, one Kazakh lawmaker thinks it's time to cash in on some 140,000 stubborn hectares of wild cannabis that can be found around Kazakhstan. Darigha Nazarbaeva, the eldest daughter of Kazakh President Nursultan Nazarbaev, proposed this week that the country lease some of its treasured cannabis fields to international pharmaceutical companies, stuff.co.nz reports. January 16 2014, 11:00 9 664 views
STF of Interior Ministry Investigating Murder of Businessman in West KZ Oblast Kazakhstan News

STF of Interior Ministry Investigating Murder of Businessman in West KZ Oblast

Last night three unknown persons boldly attacked the house of the farmer Vitaly Karkula - a well known businessman in Zelenovsky district of West Kazakhstan Oblast and shot him dead during the night assault. His spouse Valentina Karkula, the deputy of the regional maslikhat (local government) was badly injured and now is in intensive care unit, azh.kz reports citing “Moi Gorod” Internet portal.  January 13 2014, 16:09 2 364 views
Kazakh song of gestures stole American heart Kazakhstan News

Kazakh song of gestures stole American heart

Things lost in translation and the cultural gap are not jokes in the modern age of seemingly enhanced global communication. But a story of love that surpasses barriers like language, culture and even silence will certainly melt the hearts of even hard-boiled skeptics. The story starts with Aaron Bean who volunteered in 2011 to be a part of Peace Corps in Kazakhstan and fell in love with a deaf Kazakh girl Botagoz Usenova, tengrinews reports.  January 13 2014, 10:20 2 412 views