Kazakhstan Chamber of Commerce in the USA

KazCham



Kazakhstan Daily News Roundup – September 14, 2011 0

Posted on September 14, 2011 by Alex

BUSINESS AND ECONOMY:

Astana Finance to sell banking subsidiary
(SRI) – Astana Finance, a large Kazakh financial services company which had defaulted on its debt in 2009, said on Tuesday it plans to sell its commercial banking subsidiary, Bank Astana Finance.

Kazakhstan raises 2011 industrial growth forecast; cuts projected deficit
(SRI) – Kazakhstan raised its 2011 industrial output growth forecast to 6.0% from 4.8%, based on projected growth in mining and processing, and cut its projected 2011 deficit by 0.1% to KZT730.4 billion ($4.95 billion), or 2.8% of GDP.

Kazakhstan to spend KZT5 billion to subsidize grain exports (SRI)

Industrial production slows in Jan-Aug (SRI)

METALS AND MINING:

Kazzinc commissions new copper smelter in Kazakhstan
(SRI) – Kazzinc, a subsidiary of Swiss commodity trader Glencore International, said on Tuesday it has commissioned a new copper smelter in Kazakhstan and will complete the construction of a new lead smelter at the site in the first half of 2012.

Polyus Gold extends deadline for AltynGroup deal (SRI)

POLITICS AND SECURITY:

On the move: Ministry of Defense, Ministry of Agriculture (SRI)

Nazarbayev receives new Italian, Slovak, Estonian, Malaysian ambassadors (SRI)

REGIONAL:

EU kicks off talks on Caspian gas pipeline (AFP)

Russia calls on EU to halt talks on Caspian gas pipeline (Reuters)

Russian, Central Asian militaries to practice counterinsurgency, naval warfare (EurasiaNet)

SOURCE: http://silkroadintelligencer.com/2011/09/14/kazakhstan-daily-news-roundup-september-14-2011/

Kazakhstan Daily News Roundup – July 25, 2011 0

Posted on July 25, 2011 by KazCham

HEADLINES:

Alliance bank considers sentencing of former chairman, executives too lenient, may appeal
(SRI) – Kazakhstan’s Alliance Bank said on Friday it regards the sentencing of its former ownership and management as too lenient and is considering appealing the court verdict.

Malaysia seeks greater presence in Kazakhstan
(bne) – Malaysian investors are targeting Central Asia in sectors ranging from oil and gas to Islamic finance. Although geographically distant, Malaysia shares with the Central Asian republics a religion and an economy based on natural resources.

BUSINESS AND ECONOMY:

Temirbank names new board members; increases capital reserves (SRI)

Russia’s Promsvyazbank to open representative office in Kazakhstan (SRI)

Bank Astana Finance, Homebroker lose banking licenses (SRI)

On the move: Eurasian Bank, Aktobe akim (SRI)

Number of SMEs in Kazakhstan growing – PM (Interfax)

Indicators – July 22, 2011 (Reuters)

POLITICS AND SECURITY:

Kazakhstan vows harsh crackdown on religious extremism (Interfax)

Austrian policeman provided Kazakh intelligence with Aliyev case data (Austrian Independent)

Kazakh President to attend nuclear security summit (TREND)

SOURCE: http://silkroadintelligencer.com/2011/07/25/kazakhstan-daily-news-roundup-july-25-2011/

 



↑ Top