Archive for March 16th, 2009
Kazakhstan’s Industrial Production Index declines in February
(SRI) - Kazakhstan’s Industrial Production Index declined 9.0 percent month-on-month and 4.7 percent year-on-year, the State Statistics Agency reported.
Kazakhstan Daily News Roundup - March 16, 2009
ANALYSIS:
Banking: Competition for retail deposits heating up
(SRI) - The shakeup in Kazakhstan’s banking sector may allow smaller, well-capitalized institutions to gain market share at the expense of the large troubled banks.
Japan and Kazakhstan: Nuclear energy cooperation
(NTI) - Resource scarce Japan, with the world’s second largest economy and highly advanced technology, and resource rich Kazakhstan, with a growing economy and an expanding share of the global uranium market, have established a mutually beneficial relationship.
Turbulence for the Kazakh economy
(BBC News) - On a cold winter afternoon a group of about 300 people gather in one of Almaty’s parks. They are demanding the resignation of Prime Minister Karim Masimov.
ENERGY:
Japan and Kazakhstan: Nuclear energy cooperation (NTI)
India and Kazakh talk joint-venture
(Times of India) - India and Kazakhstan have initiated preliminary talks to examine the possibility of jointly building a petrochemicals-and-fertiliser
complex in Central Asia’s biggest economy to exploit its gas reserves.
NTPC plans power projects in Kazakhstan to secure coal assets (Livemint.com)
Kazakhstan interested in refining oil at Belarusian facilities (Interfax)
Supervisory Chamber rules against Alhambra (Marketwire)
MINERAL RESOURCES:
Kazakhstan’s metal production down in first two months of 2009
(SRI) - Kazakhstan’s copper production in the first two months of 2009 was 55,652 tons, a 3.1-percent fall from the same period last year.
Frontier Mining says Coville grants further deferral of repayment (Proactive Investors)
BUSINESS AND ECONOMY:
China offers financial assistance to crisis-hit Kazakhstan
(EurasiaNet) - China has offered Kazakhstan a multi-billion dollar investment package, Chinese Premier Wen Jiabao has revealed.
Russia cool on Kazakh idea for new world currency
(Reuters) - Russia gave a cool reception on Saturday to a Kazakh proposal for a new global currency, saying it may be a topic for discussion among a loose, Russia-dominated economic grouping of just five former Soviet states.
Astana Finance to buy KKB’s stakes in pension fund
(SRI) - Astana Finance plans to buy a 50.7-percent stake in UlarUmit pension fund and 100 percent in Zhetysu Asset Management company for an undisclosed price.
Banking: Competition for retail deposits heating up (SRI)
Turbulence for the Kazakh economy (BBC News)
Japan’s Toyota Tsusho plans food wheat imports from Kazakhstan
(Bloomberg) - Toyota Tsusho Corp. plans to import milling wheat from Kazakhstan to Japan for the first time to diversify its supply sources as food demand increases in Asia.
Nazarbayev approves nationwide action plan for implementing his address to the nation (Interfax)
National Bank of Kazakhstan: Exchange rates March 14-16, 2009 (Kazinform)
Indicators - March 13, 2009 (Reuters)
POLITICS:
Kazakhstan leader to meet Sheikh Khalifa
(TheNational) - President Nursultan Nazarbayev, arrived yesterday to Abu Dhabi on a state visit to the UAE.
Nur Otan teams up with half of Kazakhstan’s political parties (Interfax)
Kazakh and Russian Foreign Ministers meet in Moscow (Kazinform)
SOCIETY:
Kazakh rights groups denounce “Internet censorship” bill
(IWPR) - Bill would allow authorities to close or block websites carrying material critical of their policies.
Small show of defiance against protest “ban”
(IWPR) - Keeping the lid on public anger over economic crisis not the answer, say government critics.
Kazakstan: Alarm at school drug test plan (IWPR)
REGIONAL:
Central Asia and Russia: Countries can’t afford to say no to Kremlin
(Chicago Tribune) - Russia buys influence in region crucial to war in Afghanistan.
Kyrgyzstan: Learning the lessons of the Manas air base episode (EurasiaNet)
Turkmenistan: Which way is out for Ashgabat?
(EurasiaNet) - The more President Gurbanguly Berdymukhamedov speaks, the more he seems to muddy the waters of the Caspian Basin energy picture.
Kazakhstan Regional News Roundup - March 16, 2009
Central Asia and Russia: Countries can’t afford to say no to Kremlin
(Chicago Tribune) - Russia buys influence in region crucial to war in Afghanistan.
Kyrgyzstan: Learning the lessons of the Manas air base episode (EurasiaNet)
Turkmenistan: Which way is out for Ashgabat?
(EurasiaNet) - The more President Gurbanguly Berdymukhamedov speaks, the more he seems to muddy the waters of the Caspian Basin energy picture.
Kazakhstan Society Roundup - March 16, 2009
Kazakh rights groups denounce “Internet censorship” bill
(IWPR) - Bill would allow authorities to close or block websites carrying material critical of their policies.
Small show of defiance against protest “ban”
(IWPR) - Keeping the lid on public anger over economic crisis not the answer, say government critics.
Kazakhstan Politics Roundup - March 16, 2009
Kazakhstan leader to meet Sheikh Khalifa
(TheNational) - President Nursultan Nazarbayev, arrived yesterday to Abu Dhabi on a state visit to the UAE.
Nur Otan teams up with half of Kazakhstan’s political parties (Interfax)
Kazakh and Russian Foreign Ministers meet in Moscow (Kazinform)
Kazakhstan Business and Economy Roundup - March 16, 2009
China offers financial assistance to crisis-hit Kazakhstan
(EurasiaNet) - China has offered Kazakhstan a multi-billion dollar investment package, Chinese Premier Wen Jiabao has revealed.
Russia cool on Kazakh idea for new world currency
(Reuters) - Russia gave a cool reception on Saturday to a Kazakh proposal for a new global currency, saying it may be a topic for discussion among a loose, Russia-dominated economic grouping of just five former Soviet states.
Astana Finance to buy KKB’s stakes in pension fund
(SRI) - Astana Finance plans to buy a 50.7-percent stake in UlarUmit pension fund and 100 percent in Zhetysu Asset Management company for an undisclosed price.
Banking: Competition for retail deposits heating up (SRI)
Turbulence for the Kazakh economy (BBC News)
Japan’s Toyota Tsusho plans food wheat imports from Kazakhstan
(Bloomberg) - Toyota Tsusho Corp. plans to import milling wheat from Kazakhstan to Japan for the first time to diversify its supply sources as food demand increases in Asia.
Nazarbayev approves nationwide action plan for implementing his address to the nation (Interfax)
National Bank of Kazakhstan: Exchange rates March 14-16, 2009 (Kazinform)
Indicators - March 13, 2009 (Reuters)
Kazakhstan Mineral Resources Roundup - March 16, 2009
Kazakhstan’s metal production down in first two months of 2009
(SRI) - Kazakhstan’s copper production in the first two months of 2009 was 55,652 tons, a 3.1-percent fall from the same period last year.
Frontier Mining says Coville grants further deferral of repayment (Proactive Investors)
Kazakhstan Energy Roundup - March 16, 2009
Japan and Kazakhstan: Nuclear energy cooperation (NTI)
India and Kazakh talk joint-venture
(Times of India) - India and Kazakhstan have initiated preliminary talks to examine the possibility of jointly building a petrochemicals-and-fertiliser
complex in Central Asia’s biggest economy to exploit its gas reserves.
NTPC plans power projects in Kazakhstan to secure coal assets (Livemint.com)
Kazakhstan interested in refining oil at Belarusian facilities (Interfax)
Supervisory Chamber rules against Alhambra (Marketwire)
Kazakhstan’s metal production down in first two months of 2009
(SRI) - Kazakhstan’s copper production in the first two months of 2009 was 55,652 tons, a 3.1-percent fall from the same period last year, according to data released by the State Statistics Agency.
Astana Finance to buy KKB’s stakes in pension fund
(SRI) - Astana Finance plans to buy a 50.7-percent stake in UlarUmit pension fund and 100 percent in Zhetysu Asset Management company for an undisclosed price, Interfax reported last week.
