business and economy

Business and Economy Roundup - June 17, 2008

Kazakhstan’s sole space satellite breaks down

(Reuters) - Kazakhstan’s sole communications satellite, used by many of the country’s television broadcasters, is out of control due to a computer glitch and is likely to be lost altogether, space officials said on Monday.

TMK acquires tubing company Kaztrubprom for undisclosed sum

(Thomson Financial/Forbes) - OAO TMK said it has bought Kazakhstan-based Kaztrubprom, which specialises in the threading and finishing of pipes used in the oil and gas industry, for an undisclosed sum.

World Bank President to visit Kazakhstan

(Kazinform) - World Bank President Robert B. Zoellick is to make his first visit to Kazakhstan on June 17-20, Kazinform quotes official spokesperson of the Kazakh Foreign Affairs Ministry Yerzhan Ashikbayev.

Kazakhstan’s president and Kazatomprom head discussed company’s expansion plans (Interfax)

Kazakhstan to raise rice production state subsidies (Kazinform)

International Airport Astana awarded as best airport in CIS (Bernama)

Kazakh-Russian business-forum to be held in Astana (Kazinform)

National Bank of Kazakhstan: Exchange rates June 17, 2008 (Kazinform)

Indicators - June 16, 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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