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News: Wednesday, May 10, 2017 -- Issue 2733 http://www.newsline.kz/rss/

Article of the Day

Kazakhstani media, religious organisations team up to fight extremism
    Kazakhstan has opened a reception centre in Almaty, where specialists, reporters, and Almaty residents and visitors can receive consultations about religious issues.
    The effort comes as Kazakhstan grapples with radicalisation that has persuaded several hundred citizens to go fight in Syria and Iraq, as well as leading to deadly terrorist attacks at home in 2016.
    At the Almaty centre, "journalists and bloggers receive advice on religious terminology and information on current religious events", Yuliya Denisenko, director of the Astana-based Association of Centres for the Study of Religions, told Caravanserai. "They have the opportunity to ask specialists in theology, religious studies and political science."
    Almaty reporters and bloggers participated in the first such event April 20, which Denisenko's group and the Almaty city Administration for Religious Affairs organised.
    The centre represents a logical outgrowth of the Astana-based Centre for Advising Mass Media and Bloggers about Religious Issues, which Denisenko's group opened in Astana March 1.
    The Astana centre -- mindful of the value of preventive work against extremism -- sends subscribers a newsletter via e-mail and WhatsApp about civic groups' events, initiatives and contests.
    The Astana centre answers journalists and bloggers' queries and puts them in contact with theologians, political scientists and clerics to help strengthen their reporting.
    The centre plans to organise professional development seminars for journalists and bloggers.
    Journalists need to tread carefully in covering religion, said Denisenko, citing the potential for extremists to take offence.
    "During a raid to capture terrorists in western Kazakhstan several years ago, [security forces] discovered 'hit lists' of journalists that extremists had drawn up," she said.
    "I had to write about extremism and terrorism, and I know that journalists really need to know about such topics," Larisa Gubasheva, a correspondent for the Taraz-based newspaper Zhambyl Taraz, told Caravanserai.
    Journalists should always be mindful that "fanatics ... might seek revenge", she said.
    Another undertaking that Denisenko's group supports is religious broadcasts aired on Radio Shalkar and prepared by the Spiritual Administration of Muslims of Kazakhstan (DUMK).
    DUMK and Radio Shalkar collaborated on a Kazakh-language radio programme called "The Muftiate's Podium," which is meant to prevent extremism and terrorism, a source at Radio Shalkar told Caravanserai April 17.
    "It's a joint project," Nurmat Mansurov, editor of the programme, told Caravanserai. "The mufti of Kazakhstan delivers a Friday sermon ... on topics relevant to the whole country."
    The sermons air every Friday at noon and last 12 to 14 minutes, he said. The station is found at 100.4 MHz on the dial or online at shalkarfm.kz/kz/online.
    Those radio broadcasts "discuss the differences between traditional Islam and destructive movements", DUMK spokesman Agabek Sydykov told Caravanserai. "Listeners learn how to identify radical groups."
    Radio Shalkar has high ratings and an audience of Kazakh speakers extending into the countryside, he said, adding that is why DUMK chose the station to carry the sermons.
    "The [messages] from the supreme mufti and the imams of DUMK are like a breath of fresh air for us," Beibut Shugaipov of Shymkent, who listens to the broadcast, told Caravanserai. "My son and I listen to the broadcasts together."
    It is "very important that clerics speak about the terrorism problem and about how radicals want to brainwash youth", he said.
    Radio is only part of DUMK's efforts to combat extremism, say observers.
    "DUMK is looking for new approaches for [reaching out to] Kazakhstanis," Taraz theologian Sanjar Suleimenov told Caravanserai. "Radio progammes that talk about traditional values already help prevent extremism just by existing."
    The clergy never used to be so open with media before, Shymkent blogger Kseniya Panina told Caravanserai.
    "Lately I've been seeing some profound changes," she said. "DUMK officials now seek contact with journalists and bloggers."
    "We [media] are interested in objectively covering the processes going on in our country, including radicalisation and the fight against terrorism," she said. "DUMK is interested in doing prevention work through the media and having its activities covered. Our interests coincide."
    By Aleksander Bogatik for Caravanserai.

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Kazakhstan General

Kazakhstan parades newly acquired UAVs
    Kazakhstan displayed several newly acquired foreign-made unmanned aerial vehicles (UAVs) in a parade to mark the 25th anniversary of the founding of the Kazakh armed forces ...
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Feature: Young Kazakh building a career on modern Silk Road
    "There are two imported things in my company, one is the oil, the other is me," said Miras Kilybayev, deputy director of Jinsi Oil in the ...
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Kazakhstan supports China's Initiative, looking to mutual benefits
    The Kazakh government is interested in China-proposed the Belt and Road Initiative and connects its implementation with Kazakh national programmes, Yerzhan Saltybayev, director of Kazakhstan's Institute ...
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Kazakh military is strong, regionally integrated and dedicated to peace
    Every year, Victory Day on May 9 marks the moment when we celebrate the end of the Second World War and commemorate those who gave their ...
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Kazakhstan blocks 61 websites linked to drugs sale
    In the first quarter of 2017, the Ministry of Internal Affairs has identified 94 internet resources linked to illegal drug trafficking, Kazinform learnt from the MIA ...
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Rains, thunderstorms to dominate in Kazakhstan May 10
    Rains and thunderstorms as well as strong wind will hit most regions of Kazakhstan May 10. Dust-storm is forecast for southern regions. Sunny weather is predicted ...
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Expo-2017

Entertainment, cultural events to be presented around Astana during EXPO 2017
    The Astana akimat (city administration) will present free and paid cultural and entertainment events throughout the city during EXPO 2017.
    Events will include international festivals and exhibitions, ...
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BIE members highly praised Expo 2017 preparations
    A Kazakh delegation headed by Rapil Zhoshibayev, High Commissioner for Expo 2017, attended a regular session of the Executive Committee of Bureau International des Expositions (BIE) in Paris, ...
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Kazakhstan's pavilion at EXPO-2017 90% ready
    Kazakhstan's pavilion at EXPO-2017 is 90% ready, Minister of Energy Kanat Bozumbayev revealed at a press conference at the Government of Kazakhstan on Friday.
    "Kazakhstan's pavilion at ...
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Latvia issues unique invitation to its EXPO-2017 pavilion
    Well-known Latvian composer Raimond Pauls has invited EXPO guests to attend the pavilion of his country at the International specialized exhibition "EXPO-2017" in Astana in his ...
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Oil and Gas Sector

Kazakhstan’s state oil company plans IPO by 2020
    Kazmunaygas, the state-owned oil and gas company of Kazakhstan, plans to sell shares to the public by 2020, with the country’s central bank keeping its 10% ...
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Kazakhstan ready for talks on extending oil output cuts
    Kazakhstan is ready to hold talks with OPEC on extending global oil output cuts into the second half of this year, Kazakh Oil Minister Kanat Bozumbayev ...
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Saudi Arabia, Kazakhstan discuss extension of OPEC Deal
    Saudi Arabia is negotiating with Kazakhstan possible extension of OPEC deal on oil production cut until the end of first quarter 2018, said Kanat Bozumbayev, Minister ...
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Caspian Sunrise mulls more shallow wells ahead of testing intervals
    Sunrise PLC on Monday said it has identified six horizons while drilling well 808 in Kazakhstan and said it will drill a further two wells if ...
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Recent broker updates on Victoria Oil & Gas
    Recently stock market analysts have updated their consensus ratings on shares of Victoria Oil & Gas (LON:VOG). The latest broker reports which are currently outstanding on ...
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New analyst ratings for Nostrum Oil & Gas
    A number of investment brokers have recently updated their price targets on shares of Nostrum Oil & Gas (LON:NOG).
    According to the latest broker reports outstanding ...
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Rosneft’s first-quarter profit falls short of expectations
    Russia’s Rosneft, which is engaging in several Kazakh upstream projects and operates a downstream network in Kyrgyzstan, on Friday reported a limited rise in first-quarter profit ...
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Med Crude-Urals stable, Litasco offers more crude in Med
    Kazakhstan’s benchmark Urals’ price differentials to dated Brent were stable on Tuesday despite Litasco offering more crude for exports in the Mediterranean after an accident at ...
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Urals CIF Rotterdam crude oil grade at premium to Urals CIF Augusta for 1st time in over 2 years
    Urals CIF Rotterdam established a premium over Urals CIF Augusta after Monday’s assessment as a change to fundamentals of the crude loading out of the Baltics ...
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Oil prices rise in Asia in expectation of Aramco supply cut
    Oil futures rose in Asian trading on Wednesday after Reuters reported Saudi Arabia would cut supplies to the region as OPEC battles against rising U.S. output ...
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Gazprom begins Turkish Stream pipeline construction
    Russian energy giant Gazprom, which also markets most of Kazakhstan’s natural gas output, has begun laying pipes for the Turkish Stream natural gas pipeline off the ...
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Turkmenistan discovers huge gas field
    A promising natural gas field was discovered in the Uzun-Ada area in Turkmenistan’s Balkan Region, the Turkmen government reported.
    Experts of the Turkmenneft state concern, after drilling ...
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Gazprom sees no increase in hub-based gas pricing in contracts: Burmistrova
    Russia's Gazprom has achieved a good balance between oil-indexed and hub-based gas pricing in its contracts with European buyers and has no intention in moving increasingly ...
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Finance and Investment

Nazarbayev University to host conference on good governance, diversification in resource-dependent countries
    The Nazarbayev University Graduate School of Public Policy (NU GSPP) has announced plans to hold “The Good Governance and Economic Diversification in Resource Rich Economies” conference ...
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100 new industrial projects to be launched in 2017
    100 new projects are to be launched by the end of this year under the Industrialisation Map, Kazinform cites Investments and Development Minister Zhenis Kassymbek.
    "This year ...
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Emerging economies face challenging new cycle
    After the US Federal Open Market Committee decided in its mid-March meeting to further raise its benchmark interest rates and to reduce the Federal Reserve's $4.5 ...
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Metals and Minerals

SFO wins legal bid to access evidence in probe of miner ENRC
    Evidence sought by criminal investigators regarding dealings by ENRC, the mining giant that crashed out of the FTSE amid allegations of corruption, can be handed over ...
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CGN deepens ties with Kazakhstan
    The uranium subsidiary of China General Nuclear Power Corp, the country's largest nuclear operator, is looking to expand nuclear fuel supply deals with Kazakhstan, including uranium ...
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Kazakhstan ready to provide Brazil with uranium
    Kazakhstan is offering to sell uranium to Brazil to cover the shortage of fuel for its atomic energy program and help the South American nation explore ...
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Zacks Investment Research Lowers Evraz PLC to Sell
    Zacks Investment Research lowered shares of Evraz PLC (NASDAQ:EVRZF) from a hold rating to a sell rating in a report published on Tuesday.
    According to Zacks, ...
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Active stock on watch: Kazakhstan Potash Corp Ltd
    Shares of Kazakhstan Potash Corp Ltd (KPC.AX) are moving on volatility today -7.84% or $-0.004 from the open. The ASX listed company saw a recent bid of 0.047 and 17568 shares have traded hands in ...
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Central Asia Metals Ltd PT Raised to GBX 290
    Central Asia Metals Ltd (LON:CAML) had its target price raised by research analysts at Peel Hunt from GBX 270 ($3.49) to GBX 290 ($3.74) in a ...
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Polymetal International PLC stock rating reaffirmed by Goldman Sachs
    Goldman Sachs Group Inc reiterated their buy rating on shares of Polymetal International PLC (LON:POLY) in a research note released on Monday, April 24th. The brokerage ...
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Copper edges up after steep losses on worries over China
    Copper inched up on Tuesday after falling to a four-month low in the previous session due to data showing a sharp drop in imports of the ...
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Gold falls to 8-week low as safe-haven demand sags
    Gold touched an eight-week low on Tuesday as safe-haven demand continued to fade in the wake of Emmanuel Macron's victory in the French election and as ...
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ICE Coal Futures volume down 25% on month in April
    The volume of coal traded and cleared in April on the ICE Futures platform was 123.88 million mt, down 25% from a four-month high in March ...
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Spot uranium prices could rally in Q3
    April was a quiet month for the spot uranium market, according to TradeTech, with spot prices closing slightly lower with buyers unwilling to step-up to the ...
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Trade and Consumer Goods

Grain stocks in Kazakhstan are up 16.5% from last year
    According to the Statistics Committee of the Republic of Kazakhstan, farms of all types held 10.33 MMT of cereals and pulses as of April 1, 2017. ...
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Kazakhstan to decrease wheat harvest - USDA
    According to forecasts of the US Department of Agriculture, in the new season the harvest volumes of wheat in Kazakhstan will decrease by 13% compared with ...
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COFCO, Denmark sign agreement with focus on agriculture
    As a step to strengthen agriculture and food cooperation between Denmark and China, Yu Xubo, president of COFCO Corp., signed a memorandum of understanding (MOU) with ...
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Kazakhstan farm to export sheepskins to Italy
    A farm based in South Kazakhstan is to start exporting Karakul sheepskins in to Italy, according to local media. The farm located in the rural area ...
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Growing friendship provides food for thought
    While energy remains the core of cooperation between China and Kazakhstan, the two nations have also cultivated agricultural links in recent years.
    In a field near the ...
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Chinese, Kazakh firms benefit from B&R
    Hundreds of Chinese and Kazakh companies have seen various benefits from China's "One Belt, One Road" initiative, including quota-free imports and exports of ingredients and products, ...
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World food prices fall for third straight month, dip projected for grains – UN
    Food prices in April fell from the previous month led by lower sugar prices, the United Nations food agency reported on May 4.
    The Food and ...
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Russian car dealers go into agriculture
    The crisis in the Russian car market, already in its fourth year, has forced car dealers to look for new business ideas, and agriculture has popped ...
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Futures: corn, soya rise as US weather worries reawaken
    The main agro-contracts needed something a bit special to show gains on Tuesday, given a resurgent dollar.
    The greenback stood up 0.5% against a basket of currencies ...
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Azerbaijan, Kazakhstan work on increasing trade turnover
    Azerbaijan and Kazakhstan are working on increasing the bilateral trade turnover and searching for possibilities to expand the economic interaction.
    To fulfill the tasks of increasing the ...
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Communications and Transportation

Credit flow to telecom sector falls in Kazakhstan
    The volume of credits provided by Kazakhstan banks to telecom companies dropped by 20 percent quarter-on-quarter to KZT 119 billion in the first quarter of this ...
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Kazakhstan handset market rises in units, falls by revenues
    The Kazakhstan handset market, in units, grew by 16.1 percent in 2016, according to data from the IDC Quarterly Mobile Phone Tracker. Handset sales revenues, calculated in ...
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Kazakh President signs amendments to legislation on transportation, culture
    President Nursultan Nazarbayev has signed amendments to legislation on transport issues, Kazinform reports with reference to Akorda press-service.
    The Kazakhstani Law "On Introduction of Amendments and Additions ...
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Japan presents plans for container transit route across Kazakhstan
    Representatives of Japanese economic organisations, companies and think tanks discussed Japan’s plans to develop container transit from Japan to Europe through Kazakhstan and China with Kazakh, ...
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Kazakhstan develops road safety plan, fatalities decline
    The Ministry of Internal Affairs has developed a national concept for road safety until 2020 to reduce accidents and increase enforcement.
    “Your recommendations are important for us ...
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Kazakhs launch new patrol vessel
    The new missile and artillery ship ‘Mangystau’ hit the water in Uralsk ahead of the 25th anniversary of Kazakhstan’s Armed Forces. The 26th ship of Zenit ...
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Kazakh companies may be involved in modernisation of railways in Turkmenistan
    Kazakh companies will be able to take part in modernisation of the railway Turkmenabad-Mary in Turkmenistan 243 km long, said the press-service of the Prime Minister ...
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Air China to launch Beijing-Astana flights as of June 1
    Air China will launch non-stop flights from Beijing to Astana since June 1 this year, said Zhenis Kasymbek, Minister of Investments and Development.
    “This year we have ...
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Education and Science

Environmental education in Kazakhstan promoted with new OSCE-supported textbook
    An OSCE-supported textbook for secondary school students on environmental awareness was launched at a roundtable discussion on improving secondary education on 5 May 2017 in Astana, ...
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Regional News

C919 takes wing, marks milestone
    The C919, China's first homegrown large passenger plane, made its debut flight on Friday in Shanghai, a breakthrough in the country's innovation and manufacturing drive and ...
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Xinjiang shows Belt, Road needs specifics
    Northwest China's Xinjiang Uyghur Autonomous Region has been a key outpost for the nation's westward opening-up for centuries. Since the birth of the China-initiated "One Belt, ...
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Russia legalising cryptocurrencies to resist money laundering
    The Russian government suddenly changed its mind on digital currencies. Only a year ago cryptocurrencies were about to be totally prohibited, but now officials state that ...
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Putin vows to discuss gay rights issue in North Caucasus with prosecutor general
    Russian President Vladimir Putin has promised Human Rights Ombudsperson Tatyana Moskalkova to discuss the civil rights issue of LGBT residents in the North Caucasus with Prosecutor ...
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Japanese companies modernise Ferghana thermal power station
    Japanese companies Kawasaki Heavy Industries and Marubeni Utilite Services started to conduct a project on modernisation of Ferghana thermal power station, Uzbekenergo said in a statement. ...
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413 new road-building machineries bought on grants in Kyrgyzstan in 2016
    413 new road-building machineries were bought on grants in Kyrgyzstan in 2016, according to the report on the preliminary results of the implementation of the National ...
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Uzbekistan creates new free economic zones
    Seven free economic zones, specializing in production of pharmaceutical products, will be created in Uzbekistan.
    President of Uzbekistan Shavkat Mirziyoyev signed a decree “On creation of ...
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Uzbekistan to boost fishing, wine industry
    Late in April, Uzbekistan President Shavkat Mirziyoyev signed the Resolution ‘On Measures for Fishing Industry Management Improvement’, the Jahon information agency reported. The Resolution sets up ...
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Uzbekistan continues police reform following complaints
    Although Uzbekistani law enforcement already has undergone several reforms in 2017, officials and citizens want more.
    Between September 24, 2016, and January 24 this year, almost ...
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Dushanbe to host first business forum of Belarus, Tajikistan, Afghanistan in July
    The first trilateral business forum of Belarus, Tajikistan and Afghanistan will take place in Dushanbe in July, BelTA reports.
    Ambassador of Belarus to Tajikistan Oleg Ivanov and ...
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Turkmenistan plans to clean soil at Caspian coastal zone
    A draft on cleanup of soil at the Caspian coastal zone of Turkmenistan was presented at a meeting of the Turkmen Cabinet of Ministers.
    The project is ...
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Prices and Statistics

Commodities
    

Date: May 10, 2017; Source: Bloomberg.com

Energy

Index Units Price Change %Change Contract Time (EDT) 2 Day
USD/bbl. 46.20 +0.32 +0.70% Jun 2017 10:28 PM
USD/bbl. 49.00 +0.27 +0.55% Jul 2017 10:26 PM
USd/gal. 148.55 -0.40 -0.27% Jun 2017 10:24 PM
USD/MMBtu 3.21 -0.02 -0.50% Jun 2017 10:22 PM
USd/gal. 144.58 +0.37 +0.26% Jun 2017 10:00 PM
 
Index Units Price Change %Change Contract Time (EDT) 2 Day
USD/t oz. 1,222.10 +6.00 +0.49% Jun 2017 10:29 PM
USD/t oz. 1,222.72 +1.49 +0.12% N/A 10:38 PM
USD/t oz. 16.19 +0.12 +0.77% Jul 2017 10:26 PM
USd/lb. 250.00 +0.20 +0.08% Jul 2017 10:27 PM
USD/t oz. 906.60 +0.96 +0.11% N/A 10:38 PM
Index Units Price Change %Change Contract Time (EDT) 2 Day
USd/bu. 366.50 0.00 0.00% Jul 2017 10:25 PM
USd/bu. 429.25 -0.25 -0.06% Jul 2017 10:16 PM
USD/MT 1,960.00 +5.00 +0.26% Jul 2017 1:29 PM
USd/lb. 77.34 -0.09 -0.12% Jul 2017 10:27 PM
USd/lb. 124.98 -2.80 -2.19% Aug 2017 2:04 PM
 

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Exchange Rates
    

Date: May 10, 2017; Source: the National Bank of Kazakhstan

1 USD KZT 318.09 1 CHF

KZT 321.82

1 CNY

KZT 46.1

1 TRY KZT 89.37 1 JPY KZT 2.83
1 EUR

KZT 348.53

1 AUD

KZT 235.13

1 KGS KZT 4.71 100 UZS KZT 8.53 1 BYN KZT 168.48
1 GBP KZT 411.42 1 CAD KZT 231 1 RUB KZT 5.46 100 KRW KZT 27.96 1 UAH KZT 12.01

 

 

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