wheat
Kazakhstan Business and Economy Roundup - July 2, 2008
Economy: Bullish PM rejects tag of stricken tiger
(Financial Times) - Growth forecasts are down, but the picture is far from bleak.
Stock exchange: Market comes out of shadows
(Financial Times) - Birzha, a stock market game, hopes to educate a class of day traders to buy and sell on KASE, the country’s real exchange.
Capital markets: Outlook starts to worsen
(Financial Times) - In April, Kazakhstan’s long-term credit outlook was lowered from stable to negative amind concerns whether its banks would be able to weather the credit crisis.
Grain: Prized crop gives strategists food for thought
(Financial Times) - Kazakhstan is already recognized as an emerging global oil power. It could also play an important role in easing world grain shortages.
Business schools in drive for quality
(Financial Times) - The two best-known business schools in Kazakhstan are overcoming resource issues in a long-term drive to raise their standards.
Kazakhstan reports 1.2 percent inflation in June (SRI)
Kazakhstan: flour milling enterprises asks President to step in to save situation with flour export (AgriMarket.info)
Kazakhstan: Food Contract Corporation is interested in increase of grain shipments to Turkey (AgriMarket.info)
Alcatel-Lucent: JSC “Halyk Bank of Kazakhstan” and Alcatel-Lucent deploy IP/MPLS network for Halyk Bank in Kazakhstan (M2 Presswire)
Kazakhstan Growth Forum - a platform for potential international investors to get acquainted with country (Kazinform)
National Bank of Kazakhstan: Exchange rates July 2, 2008 (Kazinform)
Indicators - July 1, 2008
(Reuters) - Kazakhstan’s economic indicators based on data provided by the State Statistics Agency, government institutions, the central bank and exchanges.
Kazakhstan’s Wheat Dilemma
Last Monday, Akhmetzhan Yesimov, Kazakhstan’s Minister of Agriculture, announced that the government planned to limit wheat exports as it battled rising domestic inflation. This announcement led to record prices on global commodity markets as investors worried that supplies of the grain may not be enough to meet demand.
