Archive for January, 2010
Shumenov wins WBA light heavyweight title
(AP) - Beibut Shumenov won the WBA light heavyweight title by outpointing Gabriel Campillo in a split-decision Friday night.
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Kazakhstan Daily News Roundup - January 28, 2010
HEADLINES:
Kazakhstan to tighten banking regulation
(SRI) - Kazakhstan should impose limits on banks’ profit margins to avoid “excessive incomes” that helped trigger a financial crisis and restrict their exposure to industrial, construction and insurance assets, Kazakh President Nursultan Nazarbayev told a government meeting on Monday.
NATO and Kazakhstan reach transit pact for Afghanistan
(New York Times) - NATO and Kazakhstan completed an agreement Wednesday that will permit NATO allies to ship cargo through Kazakh territory to Afghanistan, providing an important alternative to vulnerable routes elsewhere.
ENERGY:
PetroKazakhstan names new head (SRI)
BUSINESS AND ECONOMY:
Kazakh bank assets shrink 3 percent in 2009 (Interfax)
Kazkosmos and JAXA seal cooperation agreement (Interfax)
National Bank of Kazakhstan: Exchange rates January 28, 2010 (Kazakhstan Today)
SOCIETY:
Deadly collapse at Kazakh radar site sparks safety concerns (RFE/RL)
Kazakhstan Society Roundup - January 28, 2010
Deadly collapse at Kazakh radar site sparks safety concerns (RFE/RL)
PetroKazakhstan names new head
(SRI) - PetroKazakhstan, owned by the China National Petroleum Corporation (CNPC), has named Yuxiang Wei the company’s new president, according to PetroKazakhstan’s press service.
Kazakhstan Business and Economy ROundup - January 28, 2010
Kazakhstan to tighten banking regulation (SRI)
Kazakh bank assets shrink 3 percent in 2009 (Interfax)
Kazkosmos and JAXA seal cooperation agreement (Interfax)
National Bank of Kazakhstan: Exchange rates January 28, 2010 (Kazakhstan Today)
Kazakhstan to tighten banking regulation
(SRI) - Kazakhstan should impose limits on banks’ profit margins to avoid “excessive incomes” that helped trigger a financial crisis and restrict their exposure to industrial, construction and insurance assets, Kazakh President Nursultan Nazarbayev told a government meeting on Monday.
Kazakhstan Daily News Roundup - January 27, 2010
HEADLINES:
Kazakhstan threatens to alter Western oil deals
(Reuters) - Kazakhstan threatened on Tuesday to rewrite key Western-run energy projects to implement new tax rules, in a move likely to send jitters among foreign investors operating in the Central Asian state.
Kazakhstan not seeking stake in Karachaganak
(SRI) - Kazakh Energy Minister Sauat Mynbayev refuted reports that Kazakhstan was negotiating the purchase of an equity stake in the Karachaganak gas condensate field, refuting earlier remarks by the government.
Banking sector stagnant in 2010 - BTA head
(SRI) - Kazakh banks are unlikely to show significant asset growth and improvement of their credit portfolios this year, BTA Bank CEO Anvar Saidenov said on Tuesday.
ENERGY:
KazMunaiGas EP production falls 3.8 percent in 2009 (SRI)
KazMunaiGas acquisitions total $3.7 billion in 2009 (SRI)
Kazakhstan-China pipeline transports reach 20.4 million tons (SRI)
BUSINESS AND ECONOMY:
Kazakh banks can’t write off bad loans - S&P
(Bloomberg) - Kazakhstan’s banks can’t afford to write off nonperforming loans and recognize them as losses because they have “very limited sources of new capital” to compensate, Standard & Poor’s said.
Real estate prices may climb in 2011 - housing official (SRI)
National Bank of Kazakhstan: Exchange rates January 27, 2010 (Kazakhstan Today)
MINERAL RESOURCES:
Polyus sees 2009 earnings up to 24 percent higher (Reuters)
POLITICS:
Kazakhstan vows to contribute to conflict settlement within OSCE (Interfax - Kyiv Post)
SOCIETY:
Kazakhstan creates security institute (Interfax)
Kazakhstan Business and Economy Roundup - January 27, 2010
Banking sector stagnant in 2010 - BTA head (SRI)
Kazakh banks can’t write off bad loans - S&P (Bloomberg)
Real estate prices may climb in 2011 - housing official (SRI)
National Bank of Kazakhstan: Exchange rates January 27, 2010 (Kazakhstan Today)
Real estate prices may climb in 2011 - housing official
(SRI) - Real estate prices in Kazakhstan may resume their growth 2011, chairman of the Agency for Construction and Communal Management Serik Nokin said on Monday, citing a current halt in new construction.
