Kazakhstan Daily News Roundup - March 4, 2009

HEADLINE NEWS:

UniCredit still positive on Kazakh move despite bad news
(bne) - Since UniCredit entered Kazakhstan in 2007 by acquiring ATF Bank, the country’s banking sector has undergone dramatic changes. Yet, despite the turmoil, Unicredit chief banker in Kazakhstan remains upbeat.

BUSINESS AND ECONOMY:

Kazakhstan to inject over $9 billion in chemical industry in seven years (Interfax)

RBS acted as Sole Dealer Manager for Intergas Central Asia (ICA) to repurchase part of its USD 600 million 6.375% Notes due 2017 (Cbonds)

National Bank of Kazakhstan: Exchange rates March 4, 2009 (Kazinform)

Indicators - March 3, 2009 (Reuters)

POLITICS:

Kazakhs lobby for milder libel laws (AP/IHT)

Kazakh president to address the Nation during a joint meeting of parliament houses on March 6 (Interfax)

Government reshuffled, responsibilities redistributed between three vice prime ministers (Interfax)

SOCIETY:

Media group accuses Kazakh court over newspaper
(Reuters) - An international media rights group has accused a Kazakh court of trying to destroy an independent weekly by pegging a fine for defamation so high that it would be impossible to pay.

Czech police detain leaders of Kazakh asylum seekers (RFE/RL)

Kazakhstan Politics Roundup - March 4, 2009

Kazakhs lobby for milder libel laws (AP/IHT)

Kazakh president to address the Nation during a joint meeting of parliament houses on March 6 (Interfax)

Government reshuffled, responsibilities redistributed between three vice prime ministers (Interfax)

Kazakhstan Business and Economy Roundup - March 4, 2009

UniCredit still positive on Kazakh move despite bad news (bne)

Kazakhstan to inject over $9 billion in chemical industry in seven years (Interfax)

RBS acted as Sole Dealer Manager for Intergas Central Asia (ICA) to repurchase part of its USD 600 million 6.375% Notes due 2017 (Cbonds)

National Bank of Kazakhstan: Exchange rates March 4, 2009 (Kazinform)

Indicators - March 3, 2009 (Reuters)

Kazakhstan Society Roundup - March 4, 2009

Media group accuses Kazakh court over newspaper
(Reuters) - An international media rights group has accused a Kazakh court of trying to destroy an independent weekly by pegging a fine for defamation so high that it would be impossible to pay.

Czech police detain leaders of Kazakh asylum seekers (RFE/RL)

ANALYSIS: UniCredit still positive on Kazakh move despite bad news

(bne) - Since UniCredit entered Kazakhstan in 2007 by acquiring ATF Bank, the country’s banking sector has undergone dramatic changes. Yet, despite the turmoil, Unicredit chief banker in Kazakhstan remains upbeat.

(more…)

Media group accuses Kazakh court over newspaper

(Reuters) - An international media rights group has accused a Kazakh court of trying to destroy an independent weekly by pegging a fine for defamation so high that it would be impossible to pay.

(more…)