Kazakhstan Chamber of Commerce in the USA

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Archive for August 30th, 2011 0

Posted on August 30, 2011 by Alex

Zhaikmunai nearly doubles income in first half

By SRI ? August 30, 2011 ? Post a comment

(SRI) – Kazakhstan-focused oil company Zhaikmunai said on Monday its income almost doubled in the first half of 2011 to $36 million, up from $19.6 million in the same period last year.

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Kazakhstan to export 3 million tonnes of grains to China

By SRI ? August 30, 2011 ? Post a comment

(SRI) – Kazakhstan expects to export nearly 3 million tonnes of grains to China in 2011, head of the state-owned grain trader Food Contract Corporation said on Friday.

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“People’s IPOs” to expand Kazakh investment universe

By SRI ? August 30, 2011 ? Post a comment

(bne) – The range of publicly traded equities for Kazakhstan-focused funds to invest in has so far been limited mainly to the commodity and banking sectors. But the planned “People’s IPO” program is set to change that, ushering in an age of exchange-traded funds.

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SOURCE: http://silkroadintelligencer.com/2011/08/30/

Kazakhstan Daily News Roundup – August 22, 2011 0

Posted on August 24, 2011 by Alex

ENERGY:

On the move: RBG, Ministry of Industry and New Technologies (SRI)

Condor Kazakhstan well tests 300 bpd of 35 degree API gravity oil (Oil and Gas Eurasia)

BUSINESS AND ECONOMY:

Kazakhstan makes progress in building upon oil wealth; needs to further diversify economy – IMF
(SRI) – Kazakhstan’s oil wealth has had a positive effect on economic growth but the country needs to step up its efforts to develop other sectors of the economy, the International Monetary Fund (IMF) said in a report published last week.

KASE Index drops 4.84% on Friday (SRI)

Food Corporation distributes 1 million tonnes of grain at fixed price (Interfax)

Indicators – August 19, 2011 (Reuters)

METALS AND MINING:

Rare earth metal exports rise 75% in first half of 2011 (SRI)

ENRC needs tough outside voices if founder joins board (Reuters)

POLITICS AND SECURITY:

Kazakhstan’s ruling party takes all seats in Senate election (RFE/RL)

Former top Kazakh official under investigation (RFE/RL)

Kazakhstan, Kyrgyzstan, Tajikistan to set up joint emergency response center (Interfax)

SOCIETY:

Kazakhstan blocks “extremist” foreign Internet sites
(Reuters) – A court in Kazakhstan ruled on Friday to block access to 13 foreign Internet sites, including the popular blogging service LiveJournal, saying they were propagating terrorism and inciting religious hatred.

REGIONAL:

Satellite loss deals ’severe blow’ to Russia – experts (AFP)

SOURCE: http://silkroadintelligencer.com/2011/08/22/



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