Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – March 1, 2011

Posted on March 01, 2011 by KazCham

SOURCE: SilkRoadIntelligencer.com

ENERGY:

Uzbekistan stealing electricity from Kazakh grid – KEGOC (SRI)

BUSINESS AND ECONOMY:

Kazakh central bank abandons trading corridor, moves to managed float
(SRI) – The National Bank of Kazakhstan has returned the tenge currency to a managed float on Monday, abandoning the trading corridor it had introduced in 2009 in response to a sharp devaluation.

Kazakhstan to draw list of companies for “people’s IPO” in two weeks (SRI)

Antonov examining proposal to assembly Russian-Ukrainian An-140 in Kazakhstan (Interfax)

National Bank of Kazakhstan: Exchange rates March 1, 2011 (Kazakhstan Today)

Indicators – February 28, 2011 (Reuters)

MINERAL RESOURCES:

ENRC to commission $50-million extra production line in April (Interfax)

Frontier Mining gets second $4 million loan tranche from HSBC (Proactive Investors)

POLITICS:

Nazarbayev posters off (AP – Moscow Times)

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