Archive for October 21st, 2009

Kazakhstan Daily News Roundup - October 21, 2009

HEADLINES:

Central bank to maintain control over currency amid rising oil prices
(SRI) - The National Bank of Kazakhstan plans to maintain tight control over the national currency amid concerns that rising oil prices could lead to significant strengthening of the tenge, according to its chairman Grigoriy Marchenko.

Eurasian Bank considering acquisitions in Kazakhstan, abroad - CEO
(SRI) - Eurasian Bank, Kazakhstan’s tenth largest bank, may buy a mid-size Kazakh bank to increase its domestic market share and is considering strategic acquisitions overseas, the bank’s new CEO Michael Edgemont told Interfax.

BUSINESS AND ECONOMY:

Kazakhstan set to export grain to China (RIA Novosti)

After adjustments budget deficit will be 3.5 percent of GDP (Interfax)

Unemployment in Kazakhstan may become more acute by the year-end (Interfax)

National Bank of Kazakhstan: Exchange rates October 20, 2009 (Kazakhstan Today)

POLITICS:

Turkey, Kazakhstan to sign strategic partnership paper (Today’s Zaman)

SOCIETY:

Kazakh court rejects jailed activist’s appeal (Reuters)

Jailed former Kazakh nuclear chief hospitalized (RFE/RL)

Kazakhstan Society Roundup - October 21, 2009

Kazakh court rejects jailed activist’s appeal (Reuters)

Jailed former Kazakh nuclear chief hospitalized (RFE/RL)

Kazakhstan Politics Roundup - October 21, 2009

Turkey, Kazakhstan to sign strategic partnership paper (Today’s Zaman)

Kazakhstan Business and Economy Roundup - October 21, 2009

Central bank to maintain control over currency amid rising oil prices (SRI)

Eurasian Bank considering acquisitions in Kazakhstan, abroad - CEO (SRI)

Kazakhstan set to export grain to China (RIA Novosti)

After adjustments budget deficit will be 3.5 percent of GDP (Interfax)

Unemployment in Kazakhstan may become more acute by the year-end (Interfax)

National Bank of Kazakhstan: Exchange rates October 20, 2009 (Kazakhstan Today)

Central bank to maintain control over currency amid rising oil prices

(SRI) - The National Bank of Kazakhstan plans to maintain tight control over the national currency amid concerns that rising oil prices could lead to significant strengthening of the tenge, according to its chairman Grigoriy Marchenko.

(more…)

Eurasian Bank considering acquisitions in Kazakhstan, abroad - CEO

(SRI) - Eurasian Bank, Kazakhstan’s tenth largest bank, may buy a mid-size Kazakh bank to increase its domestic market share and is considering strategic acquisitions overseas, the bank’s new CEO Michael Edgemont told Interfax.

(more…)

Kazyna Capital and EBRD to launch private equity fund

(SRI) - Kazyna Capital Management (KCM), the private equity arm of the state holding Samruk-Kazyna, and the European Bank for Reconstruction and Development (EBRD) plan to launch a private equity fund focusing on distressed companies in 2010.

(more…)

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