Kazakhstan
Central Asian states make progress in addressing hunger
Tajikistan remains a country of concern.
Not even a drop of Amu Darya river reaching Aral Sea, says report
“This is the hardest decision for us. Our priority is the immediate needs of our people,” local lawmaker says, describing how water is so scarce, nothing remains for what’s left of the Aral.
Kazakhstan’s big league fintech Kaspi acquires 65% of Turkish Nasdaq peer Hepsiburada for $1.1bn
E-commerce platform’s share price jumps 40% as news of its new owner breaks.
MACRO ADVISORY: Kazakhstan’s fast growing digital economy supports Tokayev’s ambitious plan
Kazakhstan’s economy, estimated to be $260bn last year, is the largest in the Eurasia region (ex-Russia). President Tokayev has set out a very ambitious reform programme to double that valuation by the end of this decade.
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Russia turns to Kazakh airlines to help keep domestic aviation in sky
With Russian civilian air fleet thinning out in face of sanctions, Moscow exploring whether southern neighbour could lay on flights.
Freedom Holding Corp. celebrates its fifth anniversary on NASDAQ with a $6bn plus market cap
Freedom Holding Corp., a multinational diversified financial services holding company with a presence through its subsidiaries in more than 20 countries, completed its fifth year on the NASDAQ Stock Market with impressive business growth.
Kazakhstan has no plans to join BRICS, says Astana
Position not likely to change in foreseeable future, president’s spokesman makes clear ahead of 16th summit of Putin-backed group in Russia.
IMF calls for fiscal reforms in Kazakhstan
Kazakh authorities need to get a handle on discretionary spending.
Kyrgyzstan’s giant Kambarata hydro ambition awaits World Bank feasibility, cost updates
To verify cost-effectiveness, estimated price tag of $4.5bn-5bn will be revised in line with latest market situation.
Almaty Marathon moving the community beyond the finish line
Over the years the Almaty Marathon has grown to become the largest marathon in Central Asia and has effects far beyond the finish line. The event aims not only to promote health and an active lifestyle but also works to tackle broader societal issues
CENTRAL ASIA BLOG: Is proposal that “international consortium” should build Kazakhstan’s nuclear plant merely cosmetic?
CENTRAL ASIA BLOG: Is proposal that “international consortium” should build Kazakhstan’s nuclear plant merely cosmetic?
International consortium should build Kazakhstan’s first nuclear plant, says president
Move in wake of atomic energy referendum “Yes” vote could rile Moscow if main contractor status does not go to Russia’s Rosatom.
Kyrgyzstan facing growing winter power shortfall as demand growth outpaces investment plans
Though water levels are up at hydropower reservoirs, hot summer was a big drain on electricity reserves as air conditioners were cranked up.
Kazakhstan raises $1.5bn from return to dollar bond market after decade away
Ten-year eurobonds sold at coupon rate of 4.714% with premium spread to US Treasuries of 88 bp, among lowest seen for such developing country debt.
September rebound lifts services sector in Kazakhstan following August dip
PMI shows inflow of new orders once again showing growth.
Five Turkic states give nod to common Latin alphabet
Expect to hear some grumbles from the purveyors of Cyrillic in Moscow.
Kazakhstan faces its nuclear moment of truth
Strong opinions on both sides as nation with dark memories of Soviet bomb testing gears up for weekend referendum on whether to exploit its uranium to secure energy future.
Kazakhstan’s nuclear power plant referendum – a precursor to woes or energy salvation?
No-one expects the government to “lose” the October 6 vote. And, as things stand, Russia can be expected to win the deal for NPP delivery.
Kazakhstan launches programme to reintroduce tigers to lost habitat
Officials hope to set example for revival of endangered species.
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Kazakhstan’s Tokayev an authoritarian who has created “the illusion of change”, say analysts
President of five years has done little of substance and appears unafraid of tightening screws further, they argue.