Archive for November 18th, 2009
Kazakhstan Daily News Roundup - November 18, 2009
HEADLINES:
IFC lends $60 million to ATF Bank
(SRI) - The International Finance Corporation (IFC) has lent $60 million to ATF Bank, Kazakhstan’s fourth largest bank, to facilitate small business financing, the bank said on Tuesday.
Parliament approves budget for 2010
(SRI) - The Mazhilis, Kazakhstan’s lower house of the parliament, approved the 2010 state budget on Tuesday which sees the economy growing by 2.4 percent next year.
KMG net profit falls 70 percent in Jan-Sep
(SRI) - KazMunaiGas, the state oil and gas company, reported a net profit of KZT107 billion ($718 million) in January through September 2009, a 70-percent fall compared to the same period last year.
ENERGY:
MangistauMunaiGas income falls 43 percent in first nine months of 2009 (SRI)
Mittal pulls out of Kazakh oil block venture with ONGC - report (Reuters)
OzenMunayGas workers stopped hunger strike (Interfax)
Max Petroleum gets promising results from latest drilling in Kazakhstan (Small Cap News)
Kazakhstan seeks to increase oil exports to Israel (Jerusalem Post)
Uranium One’s political risk easing (National Post)
BUSINESS AND ECONOMY:
Kazakhstan government targets Russian grocers
(Reuters) - Kazakh Prime Minister Karim Masimov urged domestic food retailers to expand into Russia, offering state help to firms willing to buy rivals across the border, some of which he said were ‘half-dead’ and available cheaply.
National Bank of Kazakhstan: Exchange rates November 18, 2009 (Kazakhstan Today)
Indicators - November 17, 2009 (Reuters)
SOCIETY:
Nazarbayev has understanding of human weaknesses and can forgive those who repent (Interfax)
REGIONAL:
Kazakhstan Society Roundup - November 18, 2009
Nazarbayev has understanding of human weaknesses and can forgive those who repent (Interfax)
Kazakhstan Business and Economy Roundup - November 18, 2009
IFC lends $60 million to ATF Bank (SRI)
Parliament approves budget for 2010 (SRI)
Kazakhstan government targets Russian grocers (Reuters)
National Bank of Kazakhstan: Exchange rates November 18, 2009 (Kazakhstan Today)
Indicators - November 17, 2009 (Reuters)
Kazakhstan Energy Roundup - November 18, 2009
KMG net profit falls 70 percent in Jan-Sep (SRI)
MangistauMunaiGas income falls 43 percent in first nine months of 2009 (SRI)
Mittal pulls out of Kazakh oil block venture with ONGC - report (Reuters)
OzenMunayGas workers stopped hunger strike (Interfax)
Max Petroleum gets promising results from latest drilling in Kazakhstan (Small Cap News)
Kazakhstan seeks to increase oil exports to Israel (Jerusalem Post)
Uranium One’s political risk easing (National Post)
MangistauMunaiGas income falls 43 percent in first nine months of 2009
(SRI) - MangistauMunaiGas (MMG), a Kazakh oil and gas company controlled by the state-owned KazMunaiGas, recorded a net income of KZT64.9 billion ($432 million) in the first nine months of 2009, a 43-percent decline compared to the same period last year.
Parliament approves budget for 2010
(SRI) - The Mazhilis, Kazakhstan’s lower house of the parliament, approved the 2010 state budget on Tuesday which sees the economy growing by 2.4 percent next year.
IFC lends $60 million to ATF Bank
(SRI) - The International Finance Corporation (IFC) has lent $60 million to ATF Bank, Kazakhstan’s fourth largest bank, to facilitate small business financing, the bank said on Tuesday.
KMG net profit falls 70 percent in Jan-Sep
(SRI) - KazMunaiGas, the state oil and gas company, reported a net profit of KZT107 billion ($718 million) in January through September 2009, a 70-percent fall compared to the same period last year.
