Kazakhstan Business and Economy Roundup - July 2, 2008

business and economy

Kazakhstan Business and Economy Roundup - July 2, 2008

By SRI ⋅ July 2, 2008 ⋅

Economy: Bullish PM rejects tag of stricken tiger
(Financial Times) - Growth forecasts are down, but the picture is far from bleak.

Stock exchange: Market comes out of shadows
(Financial Times) - Birzha, a stock market game, hopes to educate a class of day traders to buy and sell on KASE, the country’s real exchange.

Capital markets: Outlook starts to worsen
(Financial Times) - In April, Kazakhstan’s long-term credit outlook was lowered from stable to negative amind concerns whether its banks would be able to weather the credit crisis.

Grain: Prized crop gives strategists food for thought
(Financial Times) - Kazakhstan is already recognized as an emerging global oil power. It could also play an important role in easing world grain shortages.

Business schools in drive for quality
(Financial Times) - The two best-known business schools in Kazakhstan are overcoming resource issues in a long-term drive to raise their standards.

Kazakhstan reports 1.2 percent inflation in June (SRI)

Kazakhstan: flour milling enterprises asks President to step in to save situation with flour export (AgriMarket.info)

Kazakhstan: Food Contract Corporation is interested in increase of grain shipments to Turkey (AgriMarket.info)

Alcatel-Lucent: JSC “Halyk Bank of Kazakhstan” and Alcatel-Lucent deploy IP/MPLS network for Halyk Bank in Kazakhstan (M2 Presswire)

Kazakhstan Growth Forum - a platform for potential international investors to get acquainted with country (Kazinform)

National Bank of Kazakhstan: Exchange rates July 2, 2008 (Kazinform)

Indicators - July 1, 2008
(Reuters) - Kazakhstan’s economic indicators based on data provided by the State Statistics Agency, government institutions, the central bank and exchanges.