business and economy

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 since January 2010 (Interfax)

Kazakhstan to double exploration funds in 2011 (Interfax)

Kazakhstan to tighten banking controls (RIA Novosti)

Ulf Wokurka appointed new Head of Deutsche Bank Kazakhstan (The Financial)

Kazakhstan Business and Economy Roundup - September 1, 2010

Halyk quadruples first-half net income (SRI)

Kazakhstan forecasts 3.1% GDP growth in 2011 (Reuters)

Kazkommertsbank net income up 3% in first half (SRI)

National Bank of Kazakhstan: Exchange rates September 1, 2010 (Kazakhstan Today)

Kazakhstan Business and Economy Roundup - August 31, 2010

Kazakhstan to extend own grain sales market (AgriMarket.Info)

National Bank of Kazakhstan: Exchange rates August 28-31, 2010 (Kazakhstan Today)

Kazakhstan Business and Economy Roundup - August 27, 2010

Bank CenterCredit net income falls by half in H1 (SRI)

BTA Bank commences distribution of entitlements (Interfax)

Kazakhstan to extend grain sales market (AgriMarket.Info)

IFC helps Kazakh poultry business expand production, improve standards (Media Newswire)

National Bank of Kazakhstan: Exchange rates August 27, 2010 (Kazakhstan Today)

Kazakhstan Business and Economy Roundup - August 26, 2010

Samruk-Kazyna files claim against BTA over loans (SRI)

STX Group to build two icebreakers for Kazakh company (SRI)

Moody’s affirms Halyk Bank’s Ba2/D- ratings (Moody’s)

Former Ministry of Trade official named new head of Kazakhstan Investment Fund (SRI)

Living in fear in London: the exiled Kazakh banker accused of $2 billion fraud (Evening Standard)

Kazakhstan’s GDP to grow 5% in 2010 - Economic Development Ministry (Interfax)

Kazakhstan to supply feed grains to Tatarstan (Interfax)

Air Astana reports strong performance during first half 2010 (eTravel Blackboard)

Moody’s affirms Halyk Bank’s Ba2/D- ratings

(Moody’s) - Moody’s Investors Service has today affirmed the Ba2 local and foreign-currency deposit and senior unsecured debt ratings, and the D- bank financial strength rating (BFSR) of Halyk Bank. At the same time the outlook on all of the bank’s ratings was changed to stable from negative.

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Former Ministry of Trade official named new head of Kazakhstan Investment Fund

(SRI) - Timur Zhaksylykov has been appointed the new head of Kazakhstan Investment Fund, a subsidiary of the state-owned holding and investment company Samruk-Kazyna.

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Kazakhstan Business and Economy Roundup - August 25, 2010

U.S. judge rejects BTA Bank’s bid to stop lawsuit (SRI)

Average grain yield in Kazakhstan (AgriMarket.Info)

National Bank of Kazakhstan: Exchange rates August 25, 2010 (Kazakhstan Today)

U.S. judge rejects BTA Bank’s bid to stop lawsuit

(SRI) - A federal bankruptcy judge has denied BTA Bank’s attempt to use U.S. bankruptcy law to shield it from an overseas legal proceeding, a ruling that limits the reach of the U.S. bankruptcy court in foreign insolvency disputes.

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Kazakhstan Business and Economy Roundup - August 24, 2010

Kazakhstan first in, first out (bne)

Kazakhstan ready to increase grain exports to drought-stricken Russia (SRI)

Kazakhstan pushes Islamic finance post-crisis (Reuters)

BTA issues shares as part of restructuring (SRI)

ATF reports losses in January - July (SRI)

Financial police probing alleged misappropriation of KZT58.7 million at Almaty Airport (Interfax)

Kazakhstan to build new crop-duster aircraft (RIA Novosti)

National Bank of Kazakhstan: Exchange rates August 24, 2010 (Kazakhstan Today)

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