
Kazakhstan to Introduce Mandatory Labeling for AI Products
The government moves to regulate artificial intelligence. What changes are expected in the market and legal system?

The government moves to regulate artificial intelligence. What changes are expected in the market and legal system?

The dollar exchange rate causes an increase in prices for fruits, electronics, clothing and shoes in Kazakhstan. Experts predict a rise in price from 10% to 20% by the end of the year.

The Ministry of National Economy of Kazakhstan has denied information about a 12% tax on transfers of citizens. The changes will affect only bank commissions.
There is a shortage of dollars in the banks of Kazakhstan. Exchange offices offer banknotes until 2009 at a reduced price, but they are not accepted in a number of countries.

The new Tax Code of Kazakhstan proposes to charge VAT of 12% on mobile transfers, which can significantly increase citizens' expenses.

Rompetrol Rafinare will face increased tax pressure in Romania.

The Ministry of Internal Affairs of Kazakhstan has warned citizens about the futility of attempts to bribe police officers, referring to the use of smart tokens that record all actions.

Kazakhstan plans to increase oil exports through Turkey, reducing dependence on Russian routes.

In Pavlodar region, it is planned to create a hydrometallurgical workshop that will process gold-containing concentrates and produce 15 tons of gold per year.

Since 2023, a unique greenhouse complex has been operating in the Turkestan region, growing bananas, tomatoes, strawberries and tropical fruits.

On November 27, Vladimir Putin will visit Kazakhstan at the invitation of Kassym-Jomart Tokayev.

Since December 1, Kazakhstan has introduced restrictions on the import of cars under 3 years old for individuals in order to combat gray imports.

Starting in December 2024, the Central Securities Depository of Kazakhstan (KCSD) introduces new rules according to which transfers can be blocked due to the risk of violating international sanctions, such as OFAC requirements.

Timur Suleimenov stated the need to legalize cryptocurrencies and crypto exchanges for the development of the financial system of Kazakhstan.

Kazakhstan's largest gas station network, Qazaq Oil, has undergone a transformation by starting sales of premium fuel under the Tulpar brand, developed in collaboration with TotalEnergies. The range includes Tulpar-92, Tulpar-95, Tulpar-98 gasoline and Tulpar-DT diesel, promising improved performance.

President of Kazakhstan Kassymzhomart Tokayev has sent congratulations to Donald Trump on the occasion of his victory in the US presidential election. Tokayev expressed confidence in the further development of cooperation in the field of security, non-proliferation of nuclear weapons and investments, and wished Trump success for the benefit of the American people.

In Kazakhstan, patients will be able to receive compensation for medical errors. The decision on compensation will be made by an independent expert commission. Insurance payments will depend on the severity of the damage, and in the case of disability or death, they will reach significant amounts.

More than 6.5 thousand travel agencies in Kazakhstan are on the verge of bankruptcy, and about 20 thousand specialists may be out of work due to the dominant position of Kaspi Travel. Kaspi Bank provides favorable conditions for Kaspi Travel, including installments through Kaspi.kz which is not available to other agencies.

On October 25, Kazakhstan celebrates Republic Day again after a 13-year break. The initiative of President Tokayev returned the holiday to the status of a national holiday, emphasizing its historical significance for the country. The holiday is associated with the adoption of the Declaration of State Sovereignty of the Kazakh SSR in 1990 and symbolizes the first step of Kazakhstan towards independence.

On October 25, Kazakhstan celebrates Republic Day again after a 13-year break. The initiative of President Tokayev returned the holiday to the status of a national holiday, emphasizing its historical significance for the country. The holiday is associated with the adoption of the Declaration of State Sovereignty of the Kazakh SSR in 1990 and symbolizes the first step of Kazakhstan towards independence.

Teachers of Gymnasium No. 8 in Almaty blew up social networks with their creative video shot for the Republic Day. The video posted on the school's Instagram page charmed users with bright national costumes and festive mood, embodying cultural heritage and unity.

President of Kazakhstan Kassym-Jomart Tokayev congratulated citizens on Republic Day, stressing the importance of the holiday as a symbol of sovereignty and centuries-old statehood of the country. He noted that the unity of the people is the basis for overcoming challenges and implementing large-scale reforms.

The National Bank of Kazakhstan launched the Anti-Fraud Center to combat fraud, which allows banks, law enforcement agencies and telecom operators to share data on suspicious transactions in real time. The center does not have access to all customer transactions and only deals with fraud-related incidents.

Rain with thunderstorms, squally winds and possible hail are forecast for most of Kazakhstan in the coming days. At the same time in the south-east and south of the country the heat will remain up to +38°C.
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