Archive for June 23rd, 2009
Kazakhstan Daily News Roundup - June 23, 2009
HEADLINES:
BTA’s trade finance deals to be restructured with other debt
(SRI) - BTA Bank plans to restructure its $3.7 billion trade finance debt along with other liabilities as part of its restructuring, reversing its earlier position.
M&A: Russian pharma distributor Katren acquires majority stake in Kazakh Emiti International
(SRI) - Katren, Russia’s third largest pharmaceutical distributor, has acquired a 51-percent stake in Emiti International, one of the largest pharmaceutical companies in Kazakhstan. The value of the deal is estimated at $50 million.
Kazakh economy to shrink 2 to 2.5 percent - minister
(SRI) - Kazakhstan’s economy will shrink by 2.0 to 2.5 percent in the first half of 2009, Bakhyt Sultanov, Minister of Economy and Budget Planning said on Monday, reverting from more optimistic forecasts by Prime Minister Karim Masimov earlier this month.
ENERGY:
Kazakhstan’s gas reserves 1.82 tcm; crude reserves 39.8 billion barrels - BP (SRI)
Turan Petroleum offers $500,000 reward for information; Board meeting (Webwire)
BUSINESS AND ECONOMY:
BTA’s trade finance deals to be restructured with other debt (SRI)
M&A: Russian pharma distributor Katren acquires majority stake in Kazakh Emiti International (SRI)
Kazakh economy to shrink 2 to 2.5 percent - minister (SRI)
Layoffs loom for public sector workers (EurasiaNet)
Construction of Abu Dhabi Plaza in Astana to require 6,600 foreign employees (TREND)
Union of Ukraine, Kazakhstan and Russia to become the largest wheat exporter in the world (AgriMarket.Info)
Indicators - June 22, 2009 (Reuters)
MINERAL RESOURCES:
Ministry of Energy announces tender for copper deposits (SRI)
POLITICS:
Corruption cases result of KNB’s anti-corruption efforts, not political games (Interfax)
Kazakh official says military court sanctioned Kazatomprom arrest (RFE/RL)
SOCIETY:
Soviet nuclear tests still haunt Kazakhs (Reuters)
REGIONAL:
Turkmen elite reshuffles (CACI Analyst)
Uzbekistan and regional intergration in Central Asia (CACI Analyst)
“Black Friday” in Tajikistan’s foreign exchange market (CACI Analyst)
Central Asian, Caucasus energy rivalries intensify (Oil and Gas Journal)
IMF to step up its engagement, support in Central Asia (IMF)
Kazakhstan Energy Roundup - June 23, 2009
Kazakhstan’s gas reserves 1.82 tcm; crude reserves 39.8 billion barrels - BP (SRI)
Turan Petroleum offers $500,000 reward for information; Board meeting (Webwire)
Kazakhstan Business and Economy Roundup - June 23, 2009
BTA’s trade finance deals to be restructured with other debt (SRI)
M&A: Russian pharma distributor Katren acquires majority stake in Kazakh Emiti International (SRI)
Kazakh economy to shrink 2 to 2.5 percent - minister (SRI)
Layoffs loom for public sector workers (EurasiaNet)
Construction of Abu Dhabi Plaza in Astana to require 6,600 foreign employees (TREND)
Union of Ukraine, Kazakhstan and Russia to become the largest wheat exporter in the world (AgriMarket.Info)
Indicators - June 22, 2009 (Reuters)
Kazakhstan Politics Roundup - June 23, 2009
Corruption cases result of KNB’s anti-corruption efforts, not political games (Interfax)
Kazakh official says military court sanctioned Kazatomprom arrest (RFE/RL)
Kazakhstan Regional News Roundup - June 23, 2009
Turkmen elite reshuffles (CACI Analyst)
Uzbekistan and regional intergration in Central Asia (CACI Analyst)
“Black Friday” in Tajikistan’s foreign exchange market (CACI Analyst)
Central Asian, Caucasus energy rivalries intensify (Oil and Gas Journal)
IMF to step up its engagement, support in Central Asia (IMF)
Kazakhstan Mineral Resources Roundup - June 23, 2009
Ministry of Energy announces tender for copper deposits (SRI)
Ministry of Energy announces tender for copper deposits
(SRI) - Kazakhstans Ministry of Energy and Mineral Resources (MEMR) announced a tender for two copper mining licenses in the Karaganda region, Interfax reported.
M&A: Russian pharma distributor Katren acquires majority stake in Kazakh Emiti International
(SRI) - Katren, Russia’s third largest pharmaceutical distributor, has acquired a 51-percent stake in Emiti International, one of the largest pharmaceutical companies in Kazakhstan. The value of the deal has not Been disclosed but Russian analysts have estimated its price tag at $50 million.
