Archive for April 7th, 2008

News Roundup - April 7, 2008

business and investment:

CNN Money: Kazakhstan Temir Zholy ratings unaffected by former CEO’s detention

Standard & Poor’s (NYSE:MHP) Ratings Services said the detention of Zhaksybek Kulekeyev, former CEO of national railroad monopoly Kazakhstan Temir Zholy (KTZ), has no immediate impact on the ratings on KTZ or its wholly owned unit JSC Kaztemirtrans…

TREND: New head of Kazakhstan railway company appointed

Asgar Mamin has been appointed as the new head of Kazakhstan Railways, said the press release of Kazakh government on 4 April…

China Hospitality News: Air company SCAT opens Chimkent to Urumqi route

SCAT Air Company, an airline based in Kazakhstan, launched a scheduled flight from Chimkent to Xinjiang’s Urumqi on April 1…

mineral resources:

Forbes: ArcelorMittal’s Kazakh unit wins appeal over 101 billion tenge tax bill

ArcelorMittal’s Kazakh unit Temirtau is not required to pay more than 101 billion tenge in back taxes, Interfax reported, citing a ruling by a regional court in Kazakhstan…

The Independent: Market awaits clues on ENRC-Kazakhmys link

This week as it prepares to publish its maiden preliminary results on Wednesday, ENRC will no doubt attract the att-ention of investors and traders alike…

Memphis Business Journal: EnSafe lands contract to examine degassing unsafe coal mines in Karaganda, Kazakhstan

Memphis-based environmental engineering firm EnSafe, Inc., is partnering with Dallas-based Petron Resources to degas the coal mines of the world’s largest steel producing company…

energy:

CNN Money: Kazakhstan govt asks for information on Eni, BG’s Karachaganak field - report

The Kazakh government has asked a consortium exploiting the country’s Karachaganak oil and gas field to provide information regarding its development, the daily Il Sole 24 Ore said on Saturday…

Interfax: PetroKazakhstan posts slight decreases in oil production for 2007

PetroKazakhstan produced 52,542 million barrels of oil, or 6.783 million tons, in 2007, the company said in a statement…

UPI: Analysis: S. Korea eyes C. Asia energy

East Asia’s third economic giant, South Korea, is also involved in the race to secure energy imports and has focused its sights on Central Asia, where it has recently scored a number of successes…

media:

Kazakhstan Today: Restriction policy makes domestic television and radio industry uncompetitive - Nazarbayeva”

Dariga Nazarbayeva considers that the policy of restrictions makes domestic television and radio industry uncompetitive. She expressed such opinion during online conference held today on Gravity Centre site…

Variety: Russia’s CTC acquires Channel 31

Russia’s top TV entertainment group CTC Media is continuing its expansion, snapping Kazakhstan’s Channel 31 on April 1…

politics:

Kazinform: Weekly review: blows against corruption; traffic control

The first week of April is full of scoops. The main one is the latest appointments. Imangali Tasmagambetov, who has been Almaty akim untill now, is appointed akim (mayor) of Astana…

The Hindu: India expects growing ties with Turkmenistan and Kazakhstan, says Ansari

Energy-hungry India expects substantial growth in ties with the hydrocarbon-rich central Asian countries of Turkmenistan and Kazakhstan in future, Vice-President Hamid Ansari said here on Friday…

The Hindu: Ansari leaves for Kazakhstan

Vice-President Hamid Ansari on Sunday left for Kazakhstan after completing his three-day visit to Turkmenistan during which both sides agreed to step up cooperation in the vital oil and and natural gas sector…

education:

Info Zine: Academics, U.S. culture subjects for hundreds of students from Kazakhstan

Kamila Issabekova, 25, a graduate student in public administration at American University, wrote in her first letters to a friend in Kazakhstan that relationships between men and women are interesting in the U.S…

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