Monthly review for March 2009: Central Asia & Caspian Region

In this issue:

3 Laws & Legislations
3-4 Politics and Economics
3 Kyrgyzstan ranks 90th in Best Countries for Business List
3 ADB has not amended inflation forecast 2009 on Azerbaijan – 12%
3 Trade turnover between Turkmenistan and Russia reached US $ 6,9 billion in 2008
4 IMF to grant US$25 mln tranche to Kyrgyzstan
4 U.S. sees deal on Tajik transit for Afghan cargo
4 Oil price weakness to test Azeri budget, currency
5 Banking
5 Azerdemiryolbank plans opening of up to 10 new branches
5 VTB Bank increases its stake in JSC VTB Bank Georgia
5 SunTrust acquires assets of Omni National Bank
5 Moody’s downgrades Bank of Georgia and TBC Bank
5 HR News
6-7 Corporate News
6 EBRD has postponed approval of largest non-oil investment in Azerbaijan
6 Dragon Oil FY profit rises
7 SOCAR conducted geotechnical researches at Umid structure in Caspian Sea
7 IPO and M&A news
7 Last month gainers / losers
8 Market Spotlight: Chevron Corp