Business and Economy Roundup - June 13, 2008

business and economy

Business and Economy Roundup - June 13, 2008

By SRI ⋅ June 13, 2008 ⋅

Billions required for road improvement each year: Kazakh minister

(Asia Pulse/Yahoo!) - An annual expense of at least 240 billion tenge (US$1.988 billion) is required to develop motor-roads in Kazakhstan, Minister of Transport and Communication Serik Akhmetov has said.

Abermed acquires majority holding in Kazanada

(The Herald) - Abermed, the industrial and occupational health specialist, has acquired a 65% share in Kazanada, a medical care company in Kazakhstan.

Asia Society’s 2nd International Business Conference is on in Astana (Kazinform)

RAM Holdings buys 15% stake in RFCA Rating Agency (Interfax)

Average monthly salary in Kazakhstan rises 17.2% in April year-on-year, down 1.6% in real terms (Interfax)

Kazakhstan, France likely to cooperate in banking sector (Interfax)

Confederation of Indian Industry delegation to visit Kazakhstan (Business Standard)

National Bank of Kazakhstan: Exchange rates June 13, 2008 (Kazinform)

Indicators - June 12, 2008

(Reuters) - Kazakhstan’s economic indicators based on data provided by the State Statistics Agency, government institutions, the central bank and exchanges.