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Singapore and Kazakhstan strengthen economic ties, enhancing India’s role as a link between Southeast Asia and Eurasia. Kazakhstan’s transport initiatives and Singapore’s expertise create new business opportunities. The countries sign agreements to boost trade and investment, with Singapore investing in Kazakhstan’s economy. Cooperation focuses on innovation and digitalization for mutual benefit.

International Cement Group (ICG), which operates cement plants in Tajikistan and Kazakhstan, has reported revenue of SGD257.4m (US$191.4m) in 2023, up 14 per cent on the SGD225.2m seen in the previous year.

International Cement Group KUO -5.88% has reported earnings of $17.9 million for the 2HFY2022 ended Dec 31, 2022, 34% higher than earnings of $13.3 million in the 2HFY2021.

International Cement Group has further acquired a 15% stake in Sharcem, a cement plant and the group’s subsidiary in the Republic of Kazakhstan, for a total consideration of US$17 million ($23.8 million).

国际水泥集团（International Cement Group）发布截至6月底的上半财年业绩，集团净利同比下跌15%至1107万元，主要因为兑换率损失所致；营收同比上扬9%至9232万元。