Archive for August 14th, 2009
Kazakhstan Daily News Roundup - August 14, 2009
HEADLINES:
Kazakh GDP declines 2.3 percent in H1 - statistical agency
(SRI) - Kazakhstan’s gross domestic product (GDP) declined by 2.3 percent year-on-year in the first half of 2009, the state statistical agency said on Thursday, a better than expected result.
Kazakhstan court refuses to free jailed editor
(AP) - Kazakhstan’s highest court refused Thursday to overturn a prison sentence for a newspaper editor in a case that has drawn widespread international condemnation.
Kazakhstan to spend $3.4 billion to upgrade refineries
(SRI) - Kazakhstan plans to complete a $3.4-billion modernization of its downstream assets by 2015, an Energy Ministry official said on Wednesday.
ENERGY:
Tethys Petroleum: Contract extension for Akkulka and drilling update (marketwire)
MINERAL RESOURCES:
Kazakhstan coal mining companies included in list of monopolies (Steel Guru)
BUSINESS AND ECONOMY:
Official unemployment rate 6.5 percent in July (SRI)
Samruk-Kazyna may recapitalize Temirbank (SRI)
Astana Finance bankruptcy not regulated by banking legislation - FSA chair (SRI)
Fitch Affirms Bank Centercredit at B (Fitch - NASDAQ)
Retail deposits up 2.8 percent in June (Kazakhstan Today)
Foreign currency exchange rates by National Bank - August 14, 2009 (Kazakhstan Today)
SOCIETY:
Kazakhstan Business and Economy Roundup - August 14, 2009
Kazakh GDP declines 2.3 percent in H1 - statistical agency (SRI)
Official unemployment rate 6.5 percent in July (SRI)
Samruk-Kazyna may recapitalize Temirbank (SRI)
Astana Finance bankruptcy not regulated by banking legislation - FSA chair (SRI)
Fitch Affirms Bank Centercredit at B (Fitch - NASDAQ)
Retail deposits up 2.8 percent in June (Kazakhstan Today)
Foreign currency exchange rates by National Bank - August 14, 2009 (Kazakhstan Today)
Astana Finance bankruptcy not regulated by banking legislation - FSA chair
(SRI) - The likely bankruptcy of Astana Finance will not be executed according to Kazakh banking legislation since the company is a non-banking financial institution and thus not under the jurisdiction of the Financial Supervision Agency (FSA).
Kazakhstan Mineral Resources Roundup - August 14, 2009
Kazakhstan coal mining companies included in list of monopolies (Steel Guru)
Kazakhstan Energy Roundup - August 14, 2009
Kazakhstan to spend $3.4 billion to upgrade refineries (SRI)
Tethys Petroleum: Contract extension for Akkulka and drilling update (marketwire)
Kazakhstan court refuses to free jailed editor
(AP) - Kazakhstan’s highest court refused Thursday to overturn a prison sentence for a newspaper editor in a case that has drawn widespread international condemnation.
Kazakhstan’s Uighurs rally to mourn Xinjiang dead
(Reuters) - Hundreds of Uighurs rallied in Kazakhstan’s largest city Almaty on Thursday to mourn those who died in violent clashes in the neighboring Xinjiang region of China last month and to call for its independence.
(more…)
Kazakh GDP declines 2.3 percent in H1 - statistical agency
(SRI) - Kazakhstan’s gross domestic product (GDP) declined by 2.3 percent year-on-year in the first half of 2009, the state statistical agency said on Thursday, a better than expected result.
Official unemployment rate 6.5 percent in July
(SRI) - Kazakhstan’s official unemployment rate was 6.5 percent in July, the state statistical agency reported on Thursday.
