Kazakh lender BTA Bank files U.S. bankruptcy
(Reuters) - BTA Bank , the second-largest bank in Kazakhstan, sought bankruptcy protection in the United States to protect itself from U.S. creditors while it restructures $11.6 billion of debt at home.
(bne) - The relegation of all but one Kazakhstan-registered airline to the EU’s air safety blacklist was a blow to national pride as well as a setback for the air transport sector. The government is now working to have Kazakh airlines removed from the list by the end of this year.
(Reuters) - Kazakh Prime Minster Karim Masimov ordered the government on Thursday to draft new tax rules to abolish tax exemptions for foreign firms working on large oil and gas projects in the Central Asia state.
(Reuters) - Kazakhstan’s Pavlodar oil refinery is on the brink of halting output after Russian producers, fearing an imminent export duty, cut crude supplies to Kazakh refineries, industry and trade sources told Reuters.
(SRI) - The Eurasian Trading System (ETS), an Almaty-based commodity exchange, has received a license to conduct commodity trading operations from the Ministry of Industry and Trade, ETS said in a statement.
(bne) - Kazakhstan is already the site of one of the world’s worst environmental catastrophes, the drying of the Aral Sea. Now there are fears of a similar disaster at Lake Balkhash in the southeast of the country.
Kazakh lender BTA Bank files U.S. bankruptcy (Reuters)
Kazakh government struggles to help airlines off EU blacklist (bne)
Key risks to Kazakh economic recovery (Reuters)
Kazakh central bank says it won’t raise benchmark this quarter (Bloomberg)
Kazakh central bank won’t let tenge gain beyond 147.5 to dollar (Bloomberg)
Indian PNB buys control of Kazakhstan's Danabank (Reuters)
Kazakhstan favors export cooperation with France (Interfax)
National Bank of Kazakhstan: Exchange rates February 9, 2010 (Kazakhstan Today)
Kazakhstan court bans criticism of leader's relative (The Moscow Times)
First oil from Kashagan not far off - Kazakh energy minister (New Europe)
Tethys Petroleum shares hit high on Kazakhstan oil well update (Reuters)
Russia resumes oil flows to Kazakh refineries (Reuters)
Kazakh PM orders new oil tax rules to be drafted (Reuters)
Kazakh oil companies seek law amendments to avoid double taxation (Interfax)
Foreign minister's visit to Washington yields no agreements (EurasiaNet)
Turkish foreign minister due to Kazakhstan (Today's Zaman)
Norway opens new embassy in Kazakhstan (Norway Post)
U.S. Helsinki Commission holds Astana love fest (EurasiaNet)
(SRI) - The Kazakh Financial Supervision Agency (FSA) gave a go-ahead to Eurasian Bank, one of the country’s ten largest banks, to buy Russian Bank Troika Dialog, the financial regulator said in a statement.
(SRI) - Kazakhstan plans to increase the assets in its sovereign fund to $90 billion by 2020 from current $24.4 billion while allocating $8 billion a year from it on industrial development, President Nursultan Nazarbayev said on Friday.
