BTA Bank completes debt restructuring
(SRI) - BTA Bank, Kazakhstan’s third-largest lender, said on Wednesday it had completed the restructuring of its $16.7-billion debt, reducing its liabilities to $4.2 billion.
(SRI) - Halyk Bank, Kazakhstan’s second largest bank, plans to buy back Samruk-Kazyna’s stake in the lender by the end of the year, Halyk’s CEO Umut Shayakhmetova told journalists on Wednesday.
(SRI) - Vale SA, the world’s largest iron ore producer, will search for copper and gold in Kazakhstan together with Tau-Ken Samruk, the state-owned mining holding, Bloomberg reported on Thursday citing a government official.
(SRI) - Tau Capital, a Kazakhstan-focused investment fund, has taken a 24% stake in Stopharm LLP, a pharmaceuticals distributor in Kazakhstan, for $21.5 million.
(bne) - Border closures after the Kyrgyz revolution and Kazakhstan’s entry into the Customs Union with Russia have presented challenges for Central Asia’s hundreds of thousands of bazaar vendors and shuttle traders this year. But the region’s multi-billion-dollar bazaar trade has always proved to be enormously flexible.
(Reuters) - Kazakh President Nursultan Nazarbayev told government officials on Wednesday to curtail public spending as the global economy has not yet fully recovered from the financial crisis.
BTA Bank completes debt restructuring (SRI)
A bazaar business (bne)
Halyk to buy back shares from government by end of 2010 - CEO (SRI)
Tau Capital buys stake in Kazakh pharma distributor (SRI)
Kazakh leader urges restraint in public spending (Reuters)
Kazakh grain looks beyond drought to new markets (Reuters - Forexyard)
Kazakh Ministry of Industry terminated 43 subsoil use contracts since January 2010 (Interfax)
Kazakhstan to double exploration funds in 2011 (Interfax)
Kazakhstan to tighten banking controls (RIA Novosti)
Ulf Wokurka appointed new Head of Deutsche Bank Kazakhstan (The Financial)
Pavlodar refinery net income rises in H1 (SRI)
CPC revises up September crude shipments 5% to 2.7 million tons (Dow Jones - NASDAQ)
Tethys Petroleum up 3.5% on Kazakhstan operations update (Proactive Investors)
Max Petroleum gets extension to Blocks A&E licence exploration period (Oil and Gas Eurasia)
Kazakhstan to develop regulations for operation and safety of oil pipelines – PGO (Interfax)
(AFP) - Energy-rich Kazakhstan will double its crude export duty tax to 40 dollars (31.51 euros) per tonne next year to boost revenue, the country’s finance ministry said on Tuesday.
