Kazakhstan Chamber of Commerce in the USA


Kazakhstan Daily News Roundup – March 15, 2011

Posted on March 15, 2011 by KazCham

Source: http://silkroadintelligencer.com/2011/03/15/kazakhstan-daily-news-roundup-march-15-2011/


KazakhGold deal hits a snag
(SRI) – Last year’s agreement between Polyus Gold and the Assaubayev family to resolve an impasse over the earlier acquisition of KazakhGold, a large Kazakh miner, has hit an obstacle as the miner’s original owners have been unable to raise funds to buy back its main production assets.

Kazakhstan may issue $500-million Islamic bond this year
(Reuters) – Kazakhstan will revive plans this year for a $500 million debut sukuk issue that could create a benchmark for corporate lenders aiming to develop an Islamic finance sector in Central Asia’s top economy.

Central Asia struggles to profit from high cotton prices
(bne) – Record prices should be good news for Central Asia’s cotton producers, especially Uzbekistan, but raising production in response to high demand is proving difficult.


Kazakhstan’s oil, gas and coal production up in Jan-Feb (SRI)


Kazakh economy expanded 6.3% in January – Statistics Agency (Bloomberg)

National Bank has purchased $6 billion this year to stabilize tenge exchange rate (Interfax)

Kazakh trade surplus shrinks to $2.4 billion in January (Reuters)

Belarus, Kazakh, Russia delegations to discuss Customs Union (Itar-Tass)

National Bank of Kazakhstan: Exchange rates March 15, 2011 (Kazakhstan Today)


Kazakhstan issues January to February 2011 production results (Steel Guru)

Hambledon’s Daffern says placing will improve Sekisovskoye and save costs ‘sooner rather than later’ (Proactive Investors)


Kazakh opposition calls for election boycott (Reuters)

U.S. helping build Caspian navies (EurasiaNet)

Kazakh Senate Speaker to head UN office in Geneva (Interfax)

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