In the 2011 Doing Business Report prepared by the World Bank together with the International Finance Corporation. It provides objective measures of business regulations and their enforcement across 183 economies and selected cities at the sub national and regional level. Overall, Singapore has been ranked in first position, with Chad in Africa coming in final place. IFC's Oliver Griffith tells us more about the findings of the report.
Heavy rains and an early spring have led to massive flooding in southern Kazakhstan that have killed at least 30 people, washed away dozens of homes and threatened vital infrastructure, with the death toll expected to rise.
French energy companies Total and GDF Suez will respectively take 17 percent and 8 percent of the Kazakh gas field project Khvalynskoye. The deal is supposed to be signed during an official visit by French President Nicolas Sarkozy to Kazakhstan.
French President Nicolas Sarkozy is in energy-rich Kazakhstan as part of a two-year diplomatic push aimed at securing French companies valuable space, energy and defence contracts in the Central Asian country.
Astana, Tour de France winner Alberto Contador's cycling team, could lose its licence to compete in the top races over unpaid salaries, according to the head of the International Cycling Union (UCI), Pat McQuaid (picture).
Thirty-eight people have been killed in a fire at a health clinic for drug addicts in the southeastern Kazakh city of Taldykorgan. Forty people were rescued from the blaze which broke out early Sunday morning.
Kazakhstan has agreed to let the US ship non-lethal supplies to US and NATO troops serving in Afghanistan, days after the Kyrgyz goverment ordered the closure of an airbase that served as a vital supply route for the cargo.