International commodities fall back before Russia-Ukraine conflict
International Business News – The decline in international commodities such as crude oil and metals is becoming evident. The Refinitiv Core Commodity CRB index, which shows volatility in composite prices, has fallen to levels seen before Russia’s attack on Ukraine…
ITMF: Global textile operation and expectations are turning negative
International Business News – According to the 15th survey report conducted by the International Textile Federation (ITMF), the global textile industry turned negative in July this year, with the Asian textile industry running worse than other regions, and the only…
Kazakhstan’s chemical exports reached $559.5 million in January-May this year
International Business News – In the framework of the Kazakhstan Industry Week International Manufacturing Exhibition, experts and manufacturing companies discussed the development of the chemical industry in Kazakhstan, according to the Khaata Meken Business Network. From January to May 2022,…
Kazakhstan’s Central Bank forecasts Kazakhstan’s total exports to reach $81.6 billion this year
International Business News – Akylzhan Baimagambetov, deputy governor of the Central Bank of Kazakhstan, explained that according to the balance of payments calculation method, Kazakhstan’s exports will grow significantly by 35.2% in 2022, reaching $81.6 billion, according to Atameken Business…
Toyota decides to withdraw from Russian business
International Business News – Toyota has decided to withdraw from the Russian business. The Russian-Ukrainian conflict has caused prolonged supply chain disruptions and financial sanctions have made it more difficult to continue business. Mazda has also begun negotiations with its…
Vietnam prepares for foreign investment that is turning inward
International Business News – On the afternoon of September 21, the Foreign Investment Agency of the Ministry of Planning and Investment of Vietnam held a meeting on the introduction of foreign capital in the first eight months of 2022 in…
Kazakhstan’s imports in the first half of the year increased by 15.9% year-on-year
International Business News – Akylzhan Baimagambetov, Deputy Chairman of the Central Bank of Kazakhstan, presented the situation of import of goods in Kazakhstan, Atameken Business Network news. The first half of this year. Despite global supply chain disruptions, Kazakhstan’s goods…
Truss: UK-US free trade agreement can not be reached in the short term
International Business News – On September 21, local time, the new British Prime Minister Truss will hold a bilateral meeting with US President Biden. The British “Guardian” reported on the 20th that Truss has said that the United Kingdom may…
January-August vehicle production in Kazakhstan up 24.7% year-on-year
International Business News – In August this year, 9,016 vehicles were produced in Kazakhstan, which is 14.7% more than in the same period last year, according to the Kazakhstan Automobile Business Association. From January to August this year, 68,644 vehicles…
China removes tariffs on 98% of goods from 16 countries
International Business News – The website of the South China Morning Post reported on September 5 that China has removed tariffs on 98% of goods imported from 16 least developed countries, most of which are African countries. According to reports,…