Archive for July 28th, 2009
Kazakhstan Daily News Roundup - July 28, 2009
HEADLINES:
Kazkommertsbank to consolidate Russian subsidiaries - reports
(SRI) - In response to the global financial crisis, Kazkommertsbank plans to consolidate its Russian assets - Moskommertsbank and Consumer Finance Company (CFC) Group.
Samruk-Kazyna spent $6 billion supporting BTA since February
(SRI) - Samruk-Kazyna, the state holding and investment company, has allocated $6 billion to support BTA Bank since it took it over in February of this year.
BTA Bank projects massive creditor losses (BTA)
MINERAL RESOURCES:
Toshiba partners with Kazakhstan to develop rare earths and uranium (MetalMiner)
Kazphosphat and state chemical company to build sulfate plant and enrichment factory worth $250 million (Kazinform)
BUSINESS AND ECONOMY:
Kazakhtelecom receives 20 bids for mobile subsidiary - reports (SRI)
Kagazy names new CEO; AGM to be held on August 17 (SRI)
National Bank chair forecasts positive rate of economic development in 2010 (Kazakhstan Today)
Uzbek/Kazakh hedge fund market’s decline slowing (HedgeCo.net)
Foreign currency exchange rates fixed by National Bank - July 28, 2009 (Kazakhstan Today)
Indicators - July 27, 2009 (Reuters)
SOCIETY:
Swine clue cases in Kazakhstan reach 13, Healthcare Ministry expects more (Interfax)
Public prosecutor asks court to sentence editor of Alma-Ata Info newspaper to 6 years in prison (Interfax)
REGIONAL:
Final returns show Kyrgyz president wins second term (AP)
Blasts hit Tajikistan ahead of high-profile summit (AP)
Azerbaijan: For SOCAR, bigger means better with Azerigaz takeover (EurasiaNet)
Kazakhstan Society Roundup - July 28, 2009
Swine clue cases in Kazakhstan reach 13, Healthcare Ministry expects more (Interfax)
Public prosecutor asks court to sentence editor of Alma-Ata Info newspaper to 6 years in prison (Interfax)
Kazakhstan Business and Economy Roundup - July 28, 2009
Kazkommertsbank to consolidate Russian subsidiaries - reports (SRI)
Samruk-Kazyna spent $6 billion supporting BTA since February (SRI)
Kazakhtelecom receives 20 bids for mobile subsidiary - reports (SRI)
Kagazy names new CEO; AGM to be held on August 17 (SRI)
National Bank chair forecasts positive rate of economic development in 2010 (Kazakhstan Today)
Uzbek/Kazakh hedge fund market’s decline slowing (HedgeCo.net)
Foreign currency exchange rates fixed by National Bank - July 28, 2009 (Kazakhstan Today)
Indicators - July 27, 2009 (Reuters)
Kazakhstan Mineral Resources Roundup - July 28, 2009
Toshiba partners with Kazakhstan to develop rare earths and uranium (MetalMiner)
Kazphosphat and state chemical company to build sulfate plant and enrichment factory worth $250 million (Kazinform)
Kazakhstan Regional News Roundup - July 28, 2009
Final returns show Kyrgyz president wins second term (AP)
Blasts hit Tajikistan ahead of high-profile summit (AP)
Azerbaijan: For SOCAR, bigger means better with Azerigaz takeover (EurasiaNet)
Final returns show Kyrgyz president wins second term
(AP) - Election officials say President Kurmanbek Bakiyev has overwhelmingly won a second term taking 76 percent of the vote in the Central Asian country that is critical to U.S. strategy in Afghanistan.
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Blasts hit Tajikistan ahead of high-profile summit
(AP) - Two small explosions have hit the Tajik capital before a high-profile meeting between the leaders of Afghanistan, Pakistan and Russia, highlighting security concerns in the impoverished Central Asian nation.
(more…)
Kazakhtelecom receives 20 bids for mobile subsidiary - reports
(SRI) - Kazakhtelecom expects to announce the bidders for its mobile services subsidiary Mobile Telecom Service shortly, local media reported.
Kagazy names new CEO; AGM to be held on August 17
(SRI) - Kazakhstan Kagazy announced the appointment of Alexander Valitov as its new CEO last Friday. He will succeed Yuriy Bogday who has reportedly resigned to devote himself to other projects.
