Economics & Business

Why Don’t Investors Come to SEZs

Why Don’t Investors Come to SEZs

On June 15, 2021, the Accounts Committee of the Republic of Kazakhstan finalised the results of the audit of the special economic zones (SEZs). According to the agency’s press-release, the top officials from the Ministry of Industry and Infrastructural Development have taken part in the online meeting. However, the Ministry’s website mentions nothing about it. And this is more than indicative...

On the Revelations of Jusan Bank’s Chairman

On the Revelations of Jusan Bank’s Chairman

Recently, the Chairman of the Management Board of First Heartland Jusan Bank (Jusan Bank) JSC, Aybek Kayyp, has publicly praised the successes his team has achieved in normalising the bank’s financial standing. His bravado stems from the Moody’s rating agency assigning long-term ratings B1 with a stable outlook to the bank for its deposits in national and foreign currencies...