business and economy
Business and Economy Roundup - June 10, 2008
International companies get stuck into Kazakh cement
(Business New Europe/SRI) - New players from Russia and Europe are entering the Kazakh cement market, lured by high prices and strong long-term forecasts for the construction materials sector, while local companies are expanding their operations.
Broadcasts via Kazakhstan’s first satellite interrupted on Sunday
(Interfax) - Broadcasts via Kazakhstan’s first telecommunication satellite were interrupted on Sunday, representatives of several telecommunication companies told Interfax on Monday.
JP Morgan to help Kazakhstan raise $15 billion
(Silk Road Intelligencer) - JP Morgan Chase & Co. may help Kazakhstan raise $15 billion through borrowing and issue of securities in the next 5-7 years, Interfax Kazakhstan reported on Monday citing Bloomberg.
Kazakh and Russian institutions to invest in Macquarie Renaissance infrastructure fund
(Interfax) - The starting fund is estimated at between $1 billion and $1.5 billion, and VEB is expected to provide $200 million, the Eurasian Development Bank up to $200 million and Kazyna Capital Management $100 million.
National Bank of Kazakhstan: Exchange rates June 10, 2008 (Kazinform)
Indicators - June 9, 2008
(Reuters) - Kazakhstan’s economic indicators based on data provided by the State Statistics Agency, government institutions, the central bank and exchanges.
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