Archive for June 30th, 2009

Kazakhstan Daily News Roundup - June 30, 2009

HEADLINES:

Kazakhtelecom to sell stake in GSM subsidiary
(SRI) - Kazakhtelecom, the national telecommunications company, plans to sell sell its 51-percent stake in small GSM provider Mobile Telecom Service, it said on Monday. It has appointed RBS Corporate Finance as its financial adviser and is seeking outside investors to take the stake.

Accident at ArcelorMittal mine near Karaganda kills three
(SRI) - Three people have been killed on Monday in an accident in the Tentekskaya coalmine in Karaganda, operated by ArcelorMittal Temirtau.

Lack of quality retail space in Kazakhstan helps spur on new development (SRI)

ENERGY:

Tristan Oil re-commits to using sale proceeds to repay bond, including controversial USD 111m tap (Financial Times - Debtwire)

Kazakhstan looks for gas transit options (UPI)

BUSINESS AND ECONOMY:

Business as usual at BTA, bank says
(SRI) - BTA Bank is operating in normal fashion and is providing an adequate level of liquidity, the bank said in a statement on Friday.

S&P downgrades KazInvestBank (SRI)

KASE delists three companies (SRI)

National Bank of Kazakhstan: Exchange rates June 30, 2009 (Kazinform)

Indicators - June 29, 2009 (Reuters)

POLITICS:

OSCE Secretary General to visit Kazakhstan (Kazinform)

SOCIETY:

Kazakhs use scare tactics to cut youth crime (IWPR)

REGIONAL:

Central Asians seek help to clear Cold War waste (Reuters)

Islamic revival tests Azerbaijan’s tolerance (AFP)

Kyrgyz troops kill 3 terror suspects in shootout (AP)

Turkey’s pipeline politics (Turkish Weekly)

Kazakhstan Business and Economy Roundup - June 30, 2009

Kazakhtelecom to sell stake in GSM subsidiary (SRI)

Business as usual at BTA, bank says (SRI)

S&P downgrades KazInvestBank (SRI)

KASE delists three companies (SRI)

National Bank of Kazakhstan: Exchange rates June 30, 2009 (Kazinform)

Indicators - June 29, 2009 (Reuters)

S&P downgrades KazInvestBank

(SRI) - Standard & Poor’s Ratings Services (S&P) lowered the rating for KazInvestBank to ‘B-/C’ from ‘B/B’, Interfax reported on June 29.

(more…)

KASE delists three companies

(SRI) - The shares of three companies have been delisted from the Kazakhstan Stock Exchange (KASE) as of Monday, the exchange said on its website.

(more…)

Kazakhstan Society Roundup - June 30, 2009

Kazakhs use scare tactics to cut youth crime (IWPR)

Kazakhstan Politics Roundup - June 30, 2009

OSCE Secretary General to visit Kazakhstan (Kazinform)

Kazakhstan Energy Roundup - June 30, 2009

Tristan Oil re-commits to using sale proceeds to repay bond, including controversial USD 111m tap (Financial Times - Debtwire)

Kazakhstan looks for gas transit options (UPI)

Kazakhstan Regional News Roundup - June 30, 2009

Central Asians seek help to clear Cold War waste (Reuters)

Islamic revival tests Azerbaijan’s tolerance (AFP)

Kyrgyz troops kill 3 terror suspects in shootout (AP)

Turkey’s pipeline politics (Turkish Weekly)

Kazakhtelecom to sell stake in GSM subsidiary

(SRI) - Kazakhtelecom, the national telecommunications company, plans to sell sell its 51-percent stake in small GSM provider Mobile Telecom Service, it said on Monday. It has appointed RBS Corporate Finance as its financial adviser and is seeking outside investors to take the stake.

(more…)

Central Asians seek help to clear Cold War waste

(Reuters) - Four Central Asian countries called on Monday for international help from governments and business in clearing toxic nuclear waste left over from the Cold War when they formed part of the Soviet Union.
(more…)

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