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For subscribers » Oil and gas » Kazakhstan bans exports of petroleum products until 1 September | 20 May 2008

Kazakhstan has imposed a ban on exports of petroleum products in a bid to curb local prices of petroleum products and prevent shortages of them on the domestic market.


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For subscribers » Investment bulletins » Central Asia Investment Bulletin | 19 May 2008

Macroeconomic, financial, investment, energy and political news from Kazakhstan and other Central Asian countries.


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For subscribers » Economy » Kazakh economy posts 6% growth in January-March 2008 | 16 May 2008

Kazakhstan’s GDP grew by 6% in January-March 2008, the country’s Statistics Agency has said. GDP totalled KZT3,144bn ($26.1bn).


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For subscribers » Oil and gas » Kazakh oil giant cedes 27% interest in promising offshore field to Korean consortium | 15 May 2008

Kazakhstan’s national oil and gas company, KazMunayGaz (KMG), has transferred a 27% stake in the project to conduct prospecting in the Zhambyl oil field in the northern part of the Kazakh sector of the Caspian Sea in a bid to counter the influence of Western oil multinationals in the country’s oil and gas sector.


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For subscribers » Banking » Kazakh deposits grow by 3.8%, loans by 0.2% in March | 15 May 2008

Deposits opened by residents in Kazakh banks stood at KZT4,118.8bn ($34.2bn) in March 2008 and increased in one month by 3.8%.


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For subscribers » Foreign affairs » Kazakh, Tajik presidents upbeat about bilateral economic ties | 14 May 2008

Kazakhstan and Tajikistan will expand bilateral economic cooperation under a programme until 2011 and set up a $100m mutual investment fund, the sides agreed during Tajik President Emomali Rahmon’s visit to Astana earlier this week.


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For subscribers » Economy » ENRC not to make takeover offer to Kazakhmys | 14 May 2008

The board of directors of Eurasian Natural Resources Corporation (ENRC) has decided not to buy Kazakhstan’s copper giant, Kazakhmys.


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For subscribers » Banking » Kyrgyzstan passes law to boost population’s confidence in local banks | 14 May 2008

Kyrgyzstan is working on setting up a system of protecting the population’s bank deposits in a move to encourage people to open more deposits.


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For subscribers » Oil and gas » Uzbekistan to boost gas exports in 2008 | 13 May 2008

Uzbekistan plans to increase gas exports by 8.8% to over 16bn cu. m. in 2008.


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For subscribers » Investment bulletins » Central Asia Investment Bulletin | 12 May 2008

Macroeconomic, financial, investment, energy and political news from Kazakhstan and other Central Asian countries


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