The mood is dour in Kazakhstan’s energy sector as mass layoffs are announced and tougher legislation is introduced to try and temper the damage inflicted by low oil prices Sourced through Scoop.it from: oilprice.com

Kazakhstan’s currency lost more than 20 per cent of its value at the start of trading on Thursday, about an hour after the surprise announcement that the government would allow the currency to float freely. Sourced through Scoop.it from: http://www.ft.com

Emerging-market assets slid as Vietnam and Kazakhstan weakened their currencies in response to China’s surprise devaluation, outweighing optimism that a U.S. rate rise may not be imminent. Sourced through Scoop.it from: http://www.bloomberg.com

India has formally confirmed its participation at the major international exposition EXPO-2017 to be held in Kazakhstan. Sourced through Scoop.it from: economictimes.indiatimes.com

Just one day after allowing the tenge to fall sharply in the interbank market and no longer able to take the pain from plunging crude prices, Kazakhstan moved to a free float for its currency overnight, causing the tenge to…

New Information Websites to Become Part of the Public Face of Kazakh Tourism Astana Times “Virtual 3D tours across Kazakhstan placed on the Encyclopedia of Kazakhstan portal will provide information on the history and culture of Kazakhstan,… Sourced through Scoop.it…

** Copper miner’s shares up 8.4 pct, top midcap gainer, after the Kazakh tenge weakens against the dollar ** Kazakhstan’s tenge currency was trading at 197.07-197.12 to the dollar on the interbank market … Sourced through Scoop.it from: uk.finance.yahoo.com

Kaz Minerals, the Kazakhstan-based copper miner, jumped to the top of the mid-cap index on Wednesday thanks to a combination of events led by a near 5 per cent devaluation in the Kazakh currency. Sourced through Scoop.it from: http://www.ft.com

Kazakhstan allowed its currency to weaken the most since a devaluation 18 months ago, signaling Central Asia’s biggest crude exporter wants to adjust to declines in the exchange rate of its top trading partners, China and Russia. Sourced through Scoop.it…

ArrayMr.Zhoshybayev, who is on a three-day visit to India to promote Expo-2017 this week, said the objective behind his visit was to promote the main ideas and themes of the event, to get the Indian Government’s official confirmation of… Sourced…