Archive for July 30th, 2009
Kazakhstan Daily News Roundup - July 30, 2009
HEADLINES:
Kazakhstan has no intention to use the new currency controls law now - central banker
(SRI) - The currency controls legislation which comes into effect on August 11 is mainly precautionary and Kazakhstan does not intend to use it under current circumstances, deputy central bank chairman Daniyar Akishev said on Wednesday.
Zhaikmunai confirms $300 million share placement
(SRI) - Zhaikmunai, an independent Kazakhstan-focused oil company, officially announced a $300 million placement of new shares to Wednesday, mainly in the form of global depositary receipts (GDRs).
S&P downgrades Kazakhstan’s banking sector
(S&P) - Standard & Poor’s Ratings Services said on Wednesday it revised downward to Group 9 from Group 8 its Banking Industry Country Risk Assessment (BICRA) on Kazakhstan.
BUSINESS AND ECONOMY:
S&P downgrades Kazakhstan’s banking sector (S&P)
S&P revises outlook for BTA subsidiaries to negative (S&P)
Distressed Asset Fund shelved due to difficulties to value bank loans (SRI)
KZT14 billion allocated for construction of underground in Almaty (Kazakhstan Today)
Foreign currency exchange rates by National Bank - July 30, 2009 (Kazakhstan Today)
Indicators - July 29, 2009 (Reuters)
POLITICS:
Kazakh court upholds convictions of opposition leaders (RFE/RL)
Kazakh ambassador to Iran appointed (Kazakhstan Today)
REGIONAL:
Russia wants second base in Kyrgyzstan (AP)
Kyrgyzstan police disband opposition rallies (AP)
Uighur leader says 10,000 went missing in one night (Reuters)
Kazakhstan Business and Economy Roundup - July 30, 2009
Kazakhstan has no intention to use the new currency controls law now - central banker (SRI)
S&P downgrades Kazakhstan’s banking sector (S&P)
Kazkommertsbank to place $66 million bond issue on KASE (SRI)
S&P revises outlook for BTA subsidiaries to negative (S&P)
Distressed Asset Fund shelved due to difficulties to value bank loans (SRI)
KZT14 billion allocated for construction of underground in Almaty (Kazakhstan Today)
Foreign currency exchange rates by National Bank - July 30, 2009 (Kazakhstan Today)
Indicators - July 29, 2009 (Reuters)
Kazakhstan Politics Roundup - July 30, 2009
Kazakh court upholds convictions of opposition leaders (RFE/RL)
Kazakh ambassador to Iran appointed (Kazakhstan Today)
Kazakhstan Regional News Roundup - July 30, 2009
Russia wants second base in Kyrgyzstan (AP)
Kyrgyzstan police disband opposition rallies (AP)
Uighur leader says 10,000 went missing in one night (Reuters)
Russia wants second base in Kyrgyzstan
(AP) - A high-ranking Kremlin aide said Wednesday that Russia aims to establish a second military base in Kyrgyzstan, where the United State also has an important air base, Russian news agencies reported.
(more…)
Kyrgyzstan police disband opposition rallies
(AP) - Police broke up opposition rallies protesting the outcome of Kyrgyzstan’s recent presidential election on Wednesday, detaining dozens of demonstrators.
(more…)
Uighur leader says 10,000 went missing in one night
(Reuters) - Nearly 10,000 Uighurs involved in deadly riots in China’s northwestern Xinjiang region went missing in one night, exiled Uighur activist Rebiya Kadeer said Wednesday, calling for an international investigation.
(more…)
Kazkommertsbank to place $66 million bond issue on KASE
(SRI) - Kazkommertsbank reportedly plans to issue KZT10 billion ($66 million) worth of subordinated bonds on Thursday, 30 July 2009, the Kazakhstan Stock Exchange (KASE) said on Wednesday.
Kazakhstan has no intention to use the new currency controls law now - central banker
(SRI) - The currency controls legislation which comes into effect on August 11 is mainly precautionary and Kazakhstan does not intend to use it under current circumstances, deputy central bank chairman Daniyar Akishev told local local newspaper Kazakhstanskaya Pravda on Wednesday.
Zhaikmunai confirms $300 million share placement
(SRI) - Zhaikmunai, an independent Kazakhstan-focused oil company, officially announced a $300 million placement of new shares to Wednesday, mainly in the form of global depositary receipts (GDRs).
