Samruk Kazyna, Kazakhstan’s sovereign wealth fund managing major strategic state assets with the combined value of close to $100 bn, is overhauling its business strategy, including approaches to investments and to asset management.
New management mechanisms will soon be introduced in all of the Fund’s companies. As early as 2014, business processes reengineering will start in three pilot organizations – diversified transport holding Kazakhstan Temir Zholy, oil and gas company KazMunaiGaz and postal service operator KazPochta.
These measured will result in operating costs reduction of 20% by 2017, and Samruk Kazyna’s economic value added will generate more than $11.2 bn for Kazakhstan’s economy.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/72762559-samruk-kazyna-transformation-forum/
America’s appetite for specialty foods hit a record high last year, with consumers spending $86 billion on everything from artisanal chocolates and cheese to olive oils and charcuterie. To help food enthusiasts navigate the wealth of food-gift choices available this holiday season, the Specialty Food Association today released the results of a survey that reveal the top product categories, flavors and ingredients.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/64542-specialty-food-association-survey-gluten-free-hot-trend-holiday-gifts
Everyone loves to visit the tropical jungle and the wonderful heritage of the Mayan civilization. In addition, Isla Mujeres is a privileged place with a unique natural and cultural wealth in Mexico. To know more visit http://www.cancunadventours.com/
The Sultanate of Oman is a country with an enormous wealth of natural attractions, a fascinating culture and history spanning 6,000 years, stunning landscapes and warm, welcoming people. Straddling the Indian Ocean and offering a coastline of 3,165km, Oman offers a truly unspoilt and authentic taste of Arabia.
To view Multimedia News Release, go to http://www.multivu.com/mnr/60626-oman-tourism
Samruk-Kazyna increases the potential for cooperation in the implementation of investment projects in the petrochemical, hydro and thermal power, renewable and alternative energy, engineering, pharmacy.
Kazakhstan Sovereign Wealth Fund Samruk-Kazyna was established to improve the competitiveness of the national economy and prevent the negative impact of the world markets on the economic growth in the country. The main instrument to achieve these goals – diversification and innovative development of the national economy.
To view Multimedia News Release, go to http://www.multivu.com/mnr/58682-kazakhstan-wealth-fund-expands-horizons
An improving economy coupled with a severe drought that caused increased feed costs for large birds generated a 4.8 percent surge in the 2012 PNC Christmas Price Index®, the whimsical economic analysis by PNC Wealth Management based on the gifts in the holiday classic, “The Twelve Days of Christmas.”
To view Multimedia News Release, go to http://www.multivu.com/mnr/42897-pnc-christmas-price-index
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A sluggish economy coupled with weak demand has kept the 2011 PNC Christmas Price Index® (PNC CPI) to a moderate gain of 3.5 percent in the whimsical economic analysis by PNC Wealth Management based on the gifts in the holiday classic, “The Twelve Days of Christmas.”
To view Multimedia News Release, go to http://www.multivu.com/mnr/42895-pnc-christmas-price-index