news roundup

News Roundup - April 2, 2008

Reuters: Kazakh central bank leaves interest rates unchanged

Kazakhstan’s central bank said on Tuesday it would keep its key refinancing rate unchanged at 11 percent from April…

Reuters: Kazakhstan March inflation slows to 0.6 pct m/m

Inflation in Kazakhstan eased to 0.6 percent in March in month-on-month terms from 0.8 percent in February, the state statistics agency said on Tuesday…

Reuters: Kazakh Temirbank triples net profit in 2007

Temirbank, Kazakhstan’s No. 7 bank, said on Tuesday its net profit nearly tripled in 2007 to 7.4 billion tenge ($61 million) but projected slower growth this year…

Reuters: Fitch release on Kazakh oil, gas industry

Fitch Ratings has today said that an increased state role in the Kazakh oil and gas industry announced recently by the Kazakhstani Prime Minister looks unlikely to have implications for the credit ratings of companies operating in this sector in the short-to-medium-term…

Interfax: Fitch: Increased state role in Kazakh oil and gas to have limited credit impact

Fitch Ratings has said that an increased state role in the Kazakh oil and gas industry announced recently by the Kazakh prime minister looks unlikely to have implications for the credit ratings of companies operating in this sector in the short-to-medium-term, the ratings agency said in a statement on Tuesday…

Eurasia Daily Monitor: Kosova issue points to Russian sway over Astana

Recent developments in Kosova have become a litmus test for Central Asian states, indicating the degree of their independence from Moscow. The Kazakh Foreign Ministry hastened to issue a statement bluntly refusing to recognize the independence of Kosova from Serbia…

Neweurasia.net: Opposition reacts to Aliyev trial

As the trial over former presidential son-in-law, former chief of special services and former mogul ends, the major opposition party “Azat” (recently rebranded from “Nagyz Ak Zhol”) is quick to react to the revealed facts of treason and planned coup…

BusinessWire: Kazakhstans Drug Sales Have Posted A Strong Growth In Recent Years, Largely On The Back Of High Oil Revenues

Research and Markets has announced the addition of “Kazakhstan Pharmaceuticals & Healthcare Report Q1 2008″ to their offering.The Kazakhstan Pharmaceuticals and Healthcare Report provides independent forecasts and competitive intelligence on Kazakhstan’s pharmaceuticals and healthcare industry…

Kazinform: European and Kazakhstan parliaments discuss cooperation

On Monday members of the European and Kazakhstan parliaments met in Brussels at the Eight Meeting of Parliamentary Cooperation Committee to discuss various issues of cooperation…

Kazinform: Kazakhstan on the way to energy power

Although the Central Asian republic of Kazakhstan becomes a large oil and gas exporter in the world, it started to take steps on construction of a nuclear power station in Aktau…

Guardian: Olympic flame lands in Kazakhstan, security tight

The Olympic flame arrived in Kazakhstan to pomp and tight security on Tuesday on the first leg of a global torch run certain to draw anti-China protests ahead of the August games in Beijing…

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