Tag archive for ‘business’
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Baikonur a Russian Company?
Speaking of Baikonur, there’s an interesting proposal on the table to make the space station a joint-stock company with Russia holding 70% of the shares. Anatoly Perminov, head of Roscosmos, made the proposal recently and Talgat Musabayev, head of KazCosmos and well-known Kazakh astronaut, has said they will consider it. As I reported earlier, Russia […]
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More About Meat and Food
Having just posted on importing cattle to solve some of the problems of the meat industry, I was perhaps particularly attentive to meat prices today at the supermarket. I was shocked that any kind of butchered meat, including stir-fry strips/beef stroganoff, gulash/stew meat, and steaks, now cost around 1800 tenge per kilogram (US$ 5.64 per […]
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7 or so Habits of Kazakhstani Managers
I was asked recently to speak at a meeting of Kazakhstani managers about what expats think of doing business in Kazakhstan. Because I’m not really a businessman, I asked to focus on working with Kazakhstani and what came out is that the group really wanted to know what problems foreigners had working with Kazakhstani. There […]
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Pirates in Kazakhstan
Who says it’s just the Chinese that are into copyright violation and trying to trick customers? These boxers are made right here in the Republic of Kazakhstan and they aren’t too badly made. They are definitely competitive. But just to make sure, the marketers hoped you might think they were made by Calvin Klein. Of […]
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Kazakhstan Buys Controlling Shares in Banks; Seeks to Sell Them
As part of its bailout project, the Kazakhstan government had planned to buy assets in commercial banks. After negotiations with Halyk Bank and Kazkommerstbank to take government money, attention has turned to BTA and Alliance Bank. Samruk-Kazyna, the newly formed holding that combines development holding Kazyna and Samruk holding, which owned the largest and most […]