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SRI

SRI has written 4383 posts for Silk Road Intelligencer

Kazakhstan Daily News Roundup - September 3, 2010

HEADLINES:
BTA Bank completes debt restructuring
(SRI) - BTA Bank, Kazakhstan’s third-largest lender, said on Wednesday it had completed the restructuring of its $16.7-billion debt, reducing its liabilities to $4.2 billion.
A bazaar business
(bne) - Border closures after the Kyrgyz revolution and Kazakhstan’s entry into the Customs Union with Russia have presented challenges for Central Asia’s hundreds of […]

Kazakhstan Energy Roundup - September 3, 2010

Pavlodar refinery net income rises in H1 (SRI)
CPC revises up September crude shipments 5% to 2.7 million tons (Dow Jones - NASDAQ)
Tethys Petroleum up 3.5% on Kazakhstan operations update (Proactive Investors)
Max Petroleum gets extension to Blocks A&E licence exploration period (Oil and Gas Eurasia)
Kazakhstan to develop regulations for operation and safety of oil pipelines – […]

Pavlodar refinery net income rises in H1

(SRI) - Pavlodar Petrochemical Plant posted a net profit of KZT1.945 billion in the first half of 2010, up from KZT109 million in the same period last year, Interfax reported.

Kazakhstan Business and Economy Roundup - September 3, 2010

BTA Bank completes debt restructuring (SRI)
A bazaar business (bne)
Halyk to buy back shares from government by end of 2010 - CEO (SRI)
Tau Capital buys stake in Kazakh pharma distributor (SRI)
Kazakh leader urges restraint in public spending (Reuters)
Kazakh grain looks beyond drought to new markets (Reuters - Forexyard)
Kazakh Ministry of Industry terminated 43 subsoil use contracts […]

Kazakhstan Metals and Mining Roundup - September 3, 2010

Vale to explore for Kazakh copper, gold with Tau-Ken Samruk (SRI)
Kazakhstan hopes KazakhGold conflict will be resolved by September (RIA Novosti)

Kazakhstan Politics Roundup - September 3, 2010

Kazakhstan to prepare everything for OSCE summit - Nazarbayev (Itar-Tass)

Halyk to buy back shares from government by end of 2010 - CEO

(SRI) - Halyk Bank, Kazakhstan’s second largest bank, plans to buy back Samruk-Kazyna’s stake in the lender by the end of the year, Halyk’s CEO Umut Shayakhmetova told journalists on Wednesday.

BTA Bank completes debt restructuring

(SRI) - BTA Bank, Kazakhstan’s third-largest lender, said on Wednesday it had completed the restructuring of its $16.7-billion debt, reducing its liabilities to $4.2 billion.

Vale to explore for Kazakh copper, gold with Tau-Ken Samruk

(SRI) - Vale SA, the world’s largest iron ore producer, will search for copper and gold in Kazakhstan together with Tau-Ken Samruk, the state-owned mining holding, Bloomberg reported on Thursday citing a government official.

Tau Capital buys stake in Kazakh pharma distributor

(SRI) - Tau Capital, a Kazakhstan-focused investment fund, has taken a 24% stake in Stopharm LLP, a pharmaceuticals distributor in Kazakhstan, for $21.5 million.

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