News Feed | FinReview - Part 2

News Feed

30 March 2020

398.3 billion tenge were earned Kazakhstan companies by cargo transportation

About 30% of sector profitability is lost due to high costs and low digitalization. For example, depreciation for certain types of transport infrastructure takes from 40% to 100%,

23 March 2020

Expenses of the insurance market of the Kazakhstan increased by 37%, and net profit – by 3%. This may result in loss

In the coming years, insurance companies in Kazakhstan will need quality development. In 2019, their expenses grew faster than incomes, and the growth in net profit for the

13 March 2020

20% of SMEs generate more than half of the sector’s profits

As of February 1, 2020, 1.3 million SMEs are operating in Kazakhstan. However, more than 60% of their income is generated by only a fifth of enterprises. That

4 March 2020

Profitability of the tourism sector may increase to 200 billion KZT per year

In 2019, the contribution of tourism to the country’s economy amounted to 5.6%, while by 2025 it is planned to increase this figure to 8%. For that purpose,

25 February 2020

The development of the commercial sector is slowing down due to the increased demand of the population for housing

In 2019, the trade sector became a key driver of the growth of the national economy. However, for the third year in a row, retail growth has been

18 February 2020

The construction sector might ensure GDP growth by 4.5% in 2020

The amount of construction work in 2019 increased by 14%, it allowed construction companies receive 983.4 billion tenge, which is considered to be as a record profit over

13 February 2020

Mining sector provides more than 40% of state income and 15% of GDP

In 2019, Kazakhstan’s GDP growth was 4.5% due to increased demand on the consumer market, increased industrial production and increased investment activity. Which sectors of the economy were

11 February 2020

Fixed Capital Investments: 2019 Overview

Investments in the fixed assets maintained the upward trend – in 2019, their volume increased by 12.7% and reached 12.5 trillion tenge. At the same time, the enterprises

3 February 2020

Oil, gasoline and renewable energy: 2019 results

2019 was a successful year for the development of the fuel and energy complex – record oil production, full coverage of the domestic market with Kazakhstan gas, the

30 January 2020

Kazakhstan encouraged around 25 billion USD of investments in 2019

The most attractive areas for investment are mining industry and manufacturing area. Investments allowed to implement nine investment projects in Kazakhstan, and in 2020, their number will amount