Kazakhstan Chamber of Commerce in the USA

KazCham



Kazakhstan Daily News Roundup – August 10, 2011 0

Posted on August 09, 2011 by KazCham

Kazakhstan Daily News Roundup – July 14, 2011 0

Posted on July 13, 2011 by KazCham

Kazakhstan Daily News Roundup – April 19, 2011 0

Posted on April 19, 2011 by KazCham

Kazakhstan Daily News Roundup – October 25, 2010 0

Posted on October 25, 2010 by KazCham

HEADLINES:

KazMunaiGas EP discovers oil in western Kazakhstan
(SRI) – KazMunaiGas Exploration Production (KMG EP), the upstream-focused subsidiary of the Kazakh national oil company, said on Friday it had struck oil at the Liman Block in western Kazakhstan.

Moody’s downgrades debt rating of four Kazakh banks
(SRI) – Moody’s, the credit rating agency, downgraded last week the long-term senior unsecured and subordinated debt ratings of Kazkommertsbank, Halyk Bank, Bank CenterCredit (BCC), and Alliance Bank.

ATF Bank appoints new CEO
(SRI) – ATF Bank, a subsidiary of Italian Unicredit Group and Kazakhstan’s fifth largest bank, named Romeo Collina the new chief executive officer last week replacing Alexander Picker.

ENERGY:

Kelimbetov on KazMunaiGas IPO – video (Bloomberg)

Kazakh oil workers strike over detained union activist (RFE/RL)

World Petroleum Council will hold next meeting in Astana in 2012 (Interfax)

BUSINESS AND ECONOMY:

Kazakhstan seeks to strengthen ties with EU (Dow Jones)

Almaty subway line tested for first time (RFE/RL)

Agency for Local Content Development complains subsoil users don’t buy enough products offered by domestic light industry (Interfax)

Indicators – October 22, 2010 (Reuters)

METALS AND MINING:

KazakhGold must end rows before Polyus deal – government (Reuters)

POLITICS:

Kazakh opposition leader announces plan to run for presidency (RFE/RL)

REGIONAL:

Russia may join pipeline through Taliban area (AFP)

Hundreds rally in Kyrgyzstan against security boss (AP)

Turkmenistan keen to boost gas exports to Russia – president (AFP)

SOURCE: http://silkroadintelligencer.com/2010/10/25/kazakhstan-daily-news-roundup-october-25-2010/

Kazakhstan Daily News Roundup – August 27, 2010 0

Posted on August 27, 2010 by KazCham

HEADLINES:

Kazakhmys warns on costs after H1 EPS rises 130%
(Reuters) – Kazakh copper miner Kazakhmys posted an expected 130% rise in underlying first-half earnings per share on higher prices and warned about rising costs in the second half.

Bank CenterCredit net income falls by half in H1
(SRI) – Bank CenterCredit (BCC), Kazakhstan’s fifth largest bank, said its net profit was KZT2.0 billion ($13.4 million) in the first six months of 2010, down 48.2% year-on-year, according to its IFRS consolidated financial results.

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

ENERGY:

Zhaikmunai completes first oil shipment via Ukrainian Black Sea port (SRI)

BUSINESS AND ECONOMY:

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)

METALS AND MINING:

KazakhGold issues statement on tax audit (Tax-News.com)

Alhambra announces financial and operating results for Q2 (Marketwire)

REGIONAL:

Rotating statue of late Turkmen dictator removed (AP)

Exxon Mobil to open Turkmenistan office in race for Central Asian reserves (Bloomberg)

SOURCE: http://silkroadintelligencer.com/2010/08/27/kazakhstan-daily-news-roundup-august-27-2010/



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