HEADLINE NEWS:
Power shortages get worse in Central Asia
(AP) - Kazakhstan announced Thursday it was pulling out of the Central Asian power grid to protect its energy supplies.
Kazakh parliament approves Kyoto Protocol
(AFP) - The Kazakh parliament Thursday approved the Kyoto Protocol on fighting global warming, making it the last signatory to the UN-led treaty to ratify the measures other than the United States.
BUSINESS AND ECONOMY:
Creating a high-tech sector in Kazakhstan
(bne) - While European venture capitalists agonise over how to build their own Silicon Valley, Kazakhstan’s National Innovation Fund has a more modest - and realistic - vision: to promote innovation and the transfer of technology in Kazakhstan.
Nazarbayev denies rumors on further devaluation and denomination of tenge (Interfax)
CIS countries to found the international grain company RosUkrKazZerno (AgriMarket.Info)
National Bank of Kazakhstan: Exchange rates February 27, 2009 (Kazinform)
Indicators - February 26, 2009 (Reuters)
SOCIETY:
Kazakhstan’s high-flying space ambitions
(BusinessWeek) - The rocket launching base of Baikonur plans for a central role in the commercial-satellite business after the Russian military’s withdrawal in 2010.
Kazakhstan authorities want to get “collective portrait” of population – Nazarbayev (Interfax)
Kazakh opposition newspaper facing closure after losing libel suit (Interfax)
REGIONAL:
Tehran Caspian summit could focus on energy export possibilities
(EurasiaNet) - Central Asian leaders are slated to gather in the Iranian capital Tehran in March for an economic summit that could turn out to be a pivotal moment for Caspian Basin energy development.
Tehran Caspian summit could focus on energy export possibilities
(EurasiaNet) - Central Asian leaders are slated to gather in the Iranian capital Tehran in March for an economic summit that could turn out to be a pivotal moment for Caspian Basin energy development.
Kazakhstan’s high-flying space ambitions
(BusinessWeek) - The rocket launching base of Baikonur plans for a central role in the commercial-satellite business after the Russian military’s withdrawal in 2010.
Kazakhstan authorities want to get “collective portrait” of population – Nazarbayev (Interfax)
Kazakh opposition newspaper facing closure after losing libel suit (Interfax)
Kazakh parliament approves Kyoto Protocol
(AFP) - The Kazakh parliament Thursday approved the Kyoto Protocol on fighting global warming, making it the last signatory to the UN-led treaty to ratify the measures other than the United States.
Creating a high-tech sector in Kazakhstan
(bne) - While European venture capitalists agonise over how to build their own Silicon Valley, Kazakhstan’s National Innovation Fund has a more modest - and realistic - vision: to promote innovation and the transfer of technology in Kazakhstan.
Nazarbayev denies rumors on further devaluation and denomination of tenge (Interfax)
CIS countries to found the international grain company RosUkrKazZerno (AgriMarket.Info)
National Bank of Kazakhstan: Exchange rates February 27, 2009 (Kazinform)
Indicators - February 26, 2009 (Reuters)
Power shortages get worse in Central Asia
(AP) - Kazakhstan announced Thursday it was pulling out of the Central Asian power grid to protect its energy supplies.
(bne) - While European venture capitalists agonise over how to build their own Silicon Valley, Kazakhstan’s National Innovation Fund has a more modest - and realistic - vision: to promote innovation and the transfer of technology in Kazakhstan.
(AFP) - The Kazakh parliament Thursday approved the Kyoto Protocol on fighting global warming, making it the last signatory to the UN-led treaty to ratify the measures other than the United States.
(AP) - Kazakhstan announced Thursday it was pulling out of the Central Asian power grid to protect its energy supplies.
ANALYSIS:
Kazakhstan’s bursting bubble
(ISN) - As Kazakhstan’s economy flounders in the face of a real estate crisis, low oil prices and bank failures, it is easy enough to blame the global financial crisis, but the Central Asian nation should have seen the signs.
What caused the second downfall of Mukhtar Abliyazov?
(RFE/RL) - The dismissal of Mukhtar Abliyazov, until recently chairman of the BTA Bank, Kazakhstan’s largest privately owned bank, raises the possibility of a new round of political infighting within the upper echelons of the country’s leadership.
Real estate: Frozen Kazakh market starts to thaw (bne)
Almaty launches new commodity exchange into the gloom (bne)
ENERGY:
KMG EP says profit fell in Q4 2008; replaces 112 percent of 2P reserves
(SRI) - KazMunaiGas Exploration Production (KMG EP), the London-listed subsidiary of Kazakhstan’s national oil company KazMunaiGas, said on Wednesday its profit fell “significantly” in the fourth quarter of 2008 due to lower oil prices, but it gave no figures.
Kazakh national gas company raises output (RBC News)
BUSINESS AND ECONOMY:
Moody’s downgrades Kazakh financial institutions; four on review for further downgrade
(Interfax) - Moody’s Investors Service downgraded the deposit and debt ratings of 15 financial institutions in Kazakhstan.
World financial crisis starting to affect Kazakhstan - WB official
(Kazakhstan Today) - World Bank Vice President for Europe and Central Asia, Shigeo Katz, said in Astana the consequences of the world financial crisis are just becoming apparent in Kazakhstan.
Kazakhstan president says government won’t devalue currency (NASDAQ - AFP)
Shaikenov appointed Acting Chairman of Temirbank’s Management Board (The FINACIAL)
Kazakhstan Kagazy consolidates Astana Contract (Kazinform)
National Bank of Kazakhstan: Exchange rates February 26, 2009 (Kazinform)
Indicators - February 25, 2009 (Reuters)
POLITICS:
Kazakh opposition concerned about blockage of websites of parties, media outlets (Interfax)
SOCIETY:
Kazakhstan launches nationwide census (RIA Novosti)
Statistics Agency: First census data to be released on March 7-8 (Interfax)