Archive for July, 2009

Kazakhstan’s uranium boss ill in detention - wife

(Reuters) - Kazakhstan’s most prominent uranium industry figure, whose arrest has alarmed foreign investors in Central Asia’s biggest economy, is in poor health and requires urgent medical attention, his wife said on Friday.
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Kazakhstan Daily News Roundup - July 31, 2009

HEADLINES:

KMG to buy Pavlodar refinery for $1.2 billion - paper
(SRI) - KazMunaiGas (KMG) reportedly plans to finalize the acquisition of the Pavlodar Petrochemical Plant from MangistauMunaiGas (MMG) for $1.2 billion today, Kazakh business weekly Kursiv reported on Thursday citing a source close to the negotiations.

BTA quits KazPrime due to restructuring
(SRI) - BTA Bank will withdraw from participating in Kazakhstan’s key interbank deposit indicator, KazPrime, as of August 6, due to its debt restructuring process.

MINERAL RESOURCES:

Kazakhmys stockpiles boost H1 output, H2 seen lower
(Reuters) - Kazakh miner Kazakhmys used stockpiles to boost first-half copper output by 8 percent, but said second-half production would fall as the firm continues to adjust to weaker demand and a lower full-year target.

BUSINESS AND ECONOMY:

BTA quits KazPrime due to restructuring (SRI)

Moody’s downgrades BTA, Alliance, Temirbank (SRI)

Kazakhstan Temir Zholy presents $36.5 billion modernization program (SRI)

Kazakh GDP grew 3 percent in second quarter, Nazarbayev says (Bloomberg)

Kazakhstan to harvest nearly 14 million tons of wheat (AgriMarket.Info)

Kazakhtelecom board underwent personnel changes (Kazakhstan Today)

Foreign currency exchange rates by National Bank (Kazakhstan Today)

POLITICS:

U.S. ambassador warns Kazakhstan about lawsuits against media, criticizes Internet regulation (Interfax)

SOCIETY:

First confirmed swine flu cases cause panic in Kazakh cities (RFE/RL)

REGIONAL:

Russia pushes for Central Asia energy projects (AP)

China needs new policies after Xinjiang - official (Reuters)

Kyrgyzstan’s election: Tulips squashed (Economist)

EU in Turkmenistan for energy, human rights talks (Reuters)

Kazakhstan Mineral Resources Roundup - July 31, 2009

Kazakhmys stockpiles boost H1 output, H2 seen lower (Reuters)

Kazakhstan Society Roundup - July 31, 2009

First confirmed swine flu cases cause panic in Kazakh cities (RFE/RL)

Kazakhstan Politics Roundup - July 31, 2009

U.S. ambassador warns Kazakhstan about lawsuits against media, criticizes Internet regulation (Interfax)

Kazakhstan Business and Economy Roundup - July 31, 2009

BTA quits KazPrime due to restructuring (SRI)

Moody’s downgrades BTA, Alliance, Temirbank (SRI)

Kazakhstan Temir Zholy presents $36.5 billion modernization program (SRI)

Kazakh GDP grew 3 percent in second quarter, Nazarbayev says (Bloomberg)

Kazakhstan to harvest nearly 14 million tons of wheat (AgriMarket.Info)

Kazakhtelecom board underwent personnel changes (Kazakhstan Today)

Foreign currency exchange rates by National Bank (Kazakhstan Today)

Kazakhstan Regional News Roundup - July 31, 2009

Russia pushes for Central Asia energy projects (AP)

China needs new policies after Xinjiang - official (Reuters)

Kyrgyzstan’s election: Tulips squashed (Economist)

EU in Turkmenistan for energy, human rights talks (Reuters)

Russia pushes for Central Asia energy projects

(AP) - Russian President Dmitry Medvedev on Thursday pushed for energy and transportation projects — in which Russia is likely to lead the way — to boost economic development in Afghanistan and surrounding countries.
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China needs new policies after Xinjiang - official

(Reuters) - A senior Chinese official made a rare admission on Thursday that the country had to change its policies toward ethnic minorities in light of deadly riots in far western Xinjiang this month.
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Sberbank assets up 52 percent in first half of 2009

(SRI) - The assets Sberbank’s Kazakh subsidiary increased by more than a half to KZT128.452 billion ($856 million) in the first six months of 2009, according to the bank’s unaudited financial statements.

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