Archive for August 13th, 2009
Kazakh authorities impose deadline on BTA debt restructuring
(SRI) - Kazakhstan’s financial regulator imposed a deadline on BTA Bank to complete its debt restructuring by September 18, notwithstanding a possibly negative impact on the country’s reputation with Western investors.
Kazakhstan Daily News Roundup - August 13, 2009
HEADLINES:
Kazakh authorities impose deadline on BTA debt restructuring
(SRI) - Kazakhstan’s financial regulator imposed a deadline on BTA Bank to complete its debt restructuring by September 18, notwithstanding a possibly negative impact on the country’s reputation with Western investors.
Kazatomprom to become world’s largest uranium producer by year-end
(SRI) - Kazakhstan’s state nuclear company Kazatomprom expects to produce 14,000 tons of uranium in 2009 and become the world’s largest producer by the end of the year.
Economic growth down 4.1 percent in first half of 2009
(SRI) - Preliminary data suggest that in the first half of 2009 Kazakhstan’s GDP has declined by 4.1 percent compared to the analogous period in the first six months of 2008.
ENERGY:
Kazakhstan raises export duty on petroleum products
(SRI) - Kazakhstan raised export duties for petroleum products from $67.29 per ton to $59.87 per ton but left the crude oil export tax unchanged at zero, according to a government decree.
Progress in Kazakh ambitions
(World Nuclear News) - In addition to aiming to become the world’s leading uranium supplier, Kazakhstan is working to become an exporter of fabricated fuel and reactor technology.
Sumitomo in deal with Kazakhstan to supply rare earth minerals (Times Online)
MINERAL RESOURCES:
Shares in Alhambra gain 150 per cent after Kazakhstan court supports (metronews.ca)
BUSINESS AND ECONOMY:
Government drives M&A activity in first half of 2009 (SRI)
Kazakhtelecom extends deadline for mobile phone subsidiary (SRI)
KazakhGold’s key shareholder granted permit to open bank (Interfax)
Economic turmoil hinders growth of Kazakh insurance market, long-term prospects more promising - report (S&P - Cbonds.info)
Kazakhstan decreased export prices for wheat by 28 percent (AgriMarket.Info)
Foreign currency exchange rates by National Bank - August 13, 2009 (Kazakhstan Today)
SOCIETY:
Prominent Kazakh boxer dies after shooting incident (RFE/RL)
Journalists and politicians join forces to defend convicted Alma-Ata Info editor (Interfax)
Kazakhstan Business and Economy Roundup - August 13, 2009
Kazakh authorities impose deadline on BTA debt restructuring (SRI)
Economic growth down 4.1 percent in first half of 2009 (SRI)
Government drives M&A activity in first half of 2009 (SRI)
Kazakhtelecom extends deadline for mobile phone subsidiary (SRI)
KazakhGold’s key shareholder granted permit to open bank (Interfax)
Economic turmoil hinders growth of Kazakh insurance market, long-term prospects more promising - report (S&P - Cbonds.info)
Kazakhstan decreased export prices for wheat by 28 percent (AgriMarket.Info)
Foreign currency exchange rates by National Bank - August 13, 2009 (Kazakhstan Today)
Kazakhtelecom extends deadline for mobile phone subsidiary
(SRI) - Kazakhtelecom has reportedly extended the submission deadline for bids in the tender for a majority stake in its mobile phone subsidiary Mobile Telecom Services, Prime-Tass reported on Tuesday.
Kazakhstan Energy Roundup - August 13, 2009
Kazakhstan raises export duty on petroleum products (SRI)
Kazatomprom to become world’s largest uranium producer by year-end (SRI)
Progress in Kazakh ambitions (World Nuclear News)
Sumitomo in deal with Kazakhstan to supply rare earth minerals (Times Online)
Kazakhstan Mineral Resources Roundup - August 13, 2009
Shares in Alhambra gain 150 per cent after Kazakhstan court supports (metronews.ca)
Kazakhstan Society Roundup - Augsut 13, 2009
Prominent Kazakh boxer dies after shooting incident (RFE/RL)
Journalists and politicians join forces to defend convicted Alma-Ata Info editor (Interfax)
Kazakhstan raises export duty on petroleum products
(SRI) - Kazakhstan raised export duties for petroleum products to $67.29 per ton from $59.87 per ton but left the crude oil export tax unchanged at zero, according to a government decree.
Kazatomprom to become world’s largest uranium producer by year-end
(SRI) - Kazakhstan’s state nuclear company Kazatomprom expects to produce 14,000 tons of uranium in 2009 and become the world’s largest producer by the end of the year, the company said in a statement on Wednesday.
Economic growth down 4.1 percent in first half of 2009
(SRI) - Preliminary data suggest that in the first half of 2009 Kazakhstan’s GDP has declined by 4.1 percent compared to the analogous period in the first six months of 2008, the National Bank said in a statement.
