New book on Kazakhstan calls for building bonds and partnership with India

New book on Kazakhstan calls for building bonds and partnership with IndiaRelations between India and Kazakhstan took another step forward on Wednesday evening with Kazakhstan’s envoy to India, Dr. Kairat Umarov releasing the book “Contemporary Kazakhstan – Success Story of Nation Building”, authored by Mail Today journalist Dipanjan Roy Chaudhury, in the presence of a select gathering of former diplomats, academia and media persons.

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Kazakhstan’s fragile banking system: will it hold?

Kazakhstan's fragile banking system: will it hold?Four out of seven leading banks in Kazakhstan as of mid-August had still to report to the Almaty Stock Exchange’s supervising board on their results over the first half of the current year. “Preliminary” figures, reported to and divulged by the country’s overall financial watchdog, however, show worse situations in the country’s bruised and battered banking sector than feared.

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Kazakh private enterprise remains in downward spiral

Kazakh private enterprise remains in downward spiralDelays in proper reporting by Kazakh companies quoted on the Almaty Stock Exchange are rampant – and for a reason. As provisional reports suggest, the effects of state support for private enterprise in the latter’s books remain to be seen, and into the current year more companies have been sliding into worse trouble rather than turning better.

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Kazakh enterprises remain under scrutiny

Kazakh enterprises remain under scrutinyThose who had pinned their hopes on troubled Kazakh companies getting a facelift in the eyes of the international financial world by government interventions have so far been disappointed.

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Kazakh second-tier oil drilling: small – not always beautiful/IV

Struggles seem to keep oil and gas ventures in Kazakhstan below the scale of global multinationals is business – with the ever-looming risk of pushing them out of business as the three previous examples of Transmeridian, Arawak and Tethys tend to demonstrate. In some cases, the affair simply looks too good.

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