Archive for March 23rd, 2009
Kazakhstan Daily News Roundup - March 23, 2009
HEADLINES:
Tsesnabank sees crisis as opportunity
(bne) - Astana-based Tsesnabank hopes that the conservative strategy, adopted during the country’s recent credit boom, will allow it to benefit from the impact that the crisis is having on its larger rivals by increasing its market share.
Kazakhmys terminates contract with AES Corp to manage power plant
(SRI) - Kazakhmys, Kazakhstan’s LSE-listed industrial group, terminated a contract for the management of the Ekibastuz GRES-1 power plant and the Maikuben coal mine to save money.
Kazakh SSGPO may cut iron ore production by 40 percent in 2009
(SRI) - Sokolov-Sarbai Mining Production Association (SSGPO), a subsidiary of the Eurasian Natural Resources Corporation and Kazakhstan’s biggest iron ore producer, plans to slash iron ore output 40 percent in 2009.
Halyk Bank to issue USD120 million in domestic debt (SRI)
ENERGY:
Saudi Aramco President interested in coop with Kazakhstani companies (Kazinform)
BUSINESS AND ECONOMY:
Kazakh bank BTA says doesn’t know where ex-CEO is
(Reuters) - Kazakhstan’s largest bank BTA did not confirm media reports that its former chief executive Roman Solodchenko had criticised the government for nationalising BTA and fled Kazakhstan.
Prosecutors allege that ex-managers of BTA Bank used fraud to build businesses in Ukraine, Russia (Interfax)
Twenty detained in Kazakhstan bank probe (RFE/RL)
National Bank of Kazakhstan: Exchange rates March 21-24, 2009 (Kazinform)
Indicators - March 20, 2009 (Reuters)
POLITICS:
Communist Party and unregistered Alga form a political block called Sovereignty of the People (Interfax)
SOCIETY:
Kazakstan’s disunited journalists
(IWPR) - No space for trade unions in a profession where staff are deterred from any kind of collective action.
President Nazarbayev congratulates Kazakhstanis on Nauryz (Kazinform)
REGIONAL:
Ex-Soviet group pledges NATO help on Afghanistan (Reuters)
Tajikistan starts building railroad to Afghan border (Reuters)
Kazakhstan Politics Roundup - March 23, 2009
Communist Party and unregistered Alga form a political block called Sovereignty of the People (Interfax)
Kazakhstan Business and Economy Roundup - March 23, 2009
Tsesnabank sees crisis as opportunity (bne)
Halyk Bank to issue USD120 million in domestic debt (SRI)
Kazakh bank BTA says doesn’t know where ex-CEO is
(Reuters) - Kazakhstan’s largest bank BTA did not confirm media reports that its former chief executive Roman Solodchenko had criticised the government for nationalising BTA and fled Kazakhstan.
Prosecutors allege that ex-managers of BTA Bank used fraud to build businesses in Ukraine, Russia (Interfax)
Twenty detained in Kazakhstan bank probe (RFE/RL)
National Bank of Kazakhstan: Exchange rates March 21-24, 2009 (Kazinform)
Indicators - March 20, 2009 (Reuters)
Kazakhstan Mineral Resources Roundup - March 23, 2009
Kazakh SSGPO may cut iron ore production by 40 percent in 2009 (SRI)
Kazakhstan Energy Roundup - March 23, 2009
Kazakhmys terminates contract with AES Corp to manage power plant (SRI)
Saudi Aramco President interested in coop with Kazakhstani companies (Kazinform)
Kazakhstan Society Roundup - March 23, 2009
Kazakstan’s disunited journalists
(IWPR) - No space for trade unions in a profession where staff are deterred from any kind of collective action.
President Nazarbayev congratulates Kazakhstanis on Nauryz (Kazinform)
Kazakhstan Regional News Roundup - March 23, 2009
Ex-Soviet group pledges NATO help on Afghanistan (Reuters)
Tajikistan starts building railroad to Afghan border (Reuters)
Ex-Soviet group pledges NATO help on Afghanistan
(Reuters) - A grouping of former Soviet states that controls a key land route from Europe to Afghanistan has agreed to offer “every kind” of help to NATO forces there, its head said on Friday.
Tajikistan starts building railroad to Afghan border
(Reuters) - Tajikistan on Thursday started building a railroad to connect its capital Dushanbe to a bridge on the Afghan border, a key link in the projected NATO supply route through the former Soviet Union.
Kazakhmys terminates contract with AES Corp to manage power plant
(SRI) - Kazakhmys, Kazakhstan’s LSE-listed industrial group, terminated a contract for the management of the Ekibastuz GRES-1 power plant and the Maikuben coal mine to save money, Kazakhmys said on Friday.
