Mongolia Business and Mongolian Daily Business News

Presstv of Iran reports that,

Parliamentary elections begin in Mongolia, where fighting inflation and tapping into the country’s huge mineral wealth are major concerns.

Mongolian voters dressed in traditional silk cloaks tied with colorful sashes streamed into polling stations Sunday as the nation began the first general election in four years.

A total of 356 candidates, including 28 incumbent members of parliament, are fighting for 76 seats in the Great Hural. Read the rest of this entry »

The US Daily writes that,

ULAN BATOR (Reuters) – Mongolians turned out in droves on Sunday to vote in a tight race that will see the election of a government charged with fighting inflation and tapping into the windswept country’s huge mineral wealth.
Polls closed at 1400 GMT, but results in the vote that pits the ruling Mongolian People’s Revolutionary Party (MPRP) against the Democratic Party were not expected until Monday at the earliest.
Many voters expressed a desire to see a more stable government, and Mongolia’s Election Commission said judging from early returns, voter turnout was expected to surpass the 82 percent who voted in 2004.
The last election four years ago resulted in a hung parliament, leaving the parties to scramble to form a government to rule the landlocked country of less than 3 million, whose empire under Genghis Khan once extended west as far as Hungary. Read the rest of this entry »

France24 reports that,

Polling stations closed Sunday across Mongolia, where high voter turnout capped a gruelling campaign between the two major parties, the Democrats and the ruling MPRP.
For weeks the rivals had engaged in a nasty exchange of mudslinging advertising and allegations of vote buying, but in the end the General Election Committee reported no major irregularities.
High voter turnout was reported across the country, with more than 80 percent in some areas. Vote counting began soon after the polls closed at 10pm local time, but results are not expected until Monday morning at the earliest. A new multi-mandate system of voting means counting could take longer than usual. Each ballot could have three names circled and candidates need to pass a 25% threshold to claim victory. Read the rest of this entry »

RadioAustralia reports that,

Polling stations in Mongolia have just closed in crucial parliamentary elections.

A total of 356 candidates, including 28 incumbent members of parliament, are fighting for 76 seats in the Great Hural.

The two major parties, the Democrats and the Mongolian People’s Revolutionary Party have each promised large payouts to the general public if they win the election.

Read the rest of this entry »

Aljazeera reports that:

Polls have closed in Mongolia’s parliamentary elections, with results expected to take at least a day to coalate.
Mongolians turned out in droves on Sunday, many riding on camel or horseback and some in traditional dress, to vote in the country’s elections.
Mongolia’s election commission said that, judging from early returns, voter turnout would surpass the 82 per cent who voted in the last election in 2004. Read the rest of this entry »

Xinhua reports that:

ULAN BATOR, June 29 (Xinhua) — Mongolians went to the polls Sunday morning to elect 76 members of the country’s parliament — the State Great Hural.

The election has registered 311 candidates nominated from 11 parties and one coalition, as well as 45 independent candidates. New parliament members will serve a four-year term.

There are 26 election districts in the country, from which two to four members of parliament will be elected. Starting from 7 a.m. local time (2300 GMT), the voting would close at 10 p.m. Sunday (1400 GMT) and the results will be released soon. Read the rest of this entry »

AFP reports that:

ULAN BATOR (AFP) — Mongolian voters dressed in traditional silk cloaks tied with colourful sashes streamed into polling stations Sunday as the nation began crucial parliamentary elections.
A total of 356 candidates, including 28 incumbent members of parliament, are fighting for 76 seats in the Great Hural.
Early risers had queued ahead of the polls opening and watched as election officials locked ballot boxes and provided voting instructions.
Many came dressed in silk cloaks, known as deels, which are reserved for special occasions and holidays. Read the rest of this entry »

China Daily writes that:

ULAN BATOR – Mongolians went to the polling stations Sunday morning across the country to elect new members of the nation’s parliament – the State Great Hural.
Starting from 7 a.m. local time (2300 GMT), the polling stations opened for people to cast their votes to elect 76 members of parliament.
The election has registered 311 candidates nominated from 11 parties and one coalition, as well as 45 independent candidates. The new parliament members will serve a four-year term. Read the rest of this entry »

BBC reports that:

Polls have opened in Mongolia, for the first general election in four years.
Voters started queuing well before polling stations opened, many riding into villages on camel and horseback to cast their votes.
Mongolia’s potential mineral wealth has been a campaign issue, with the two biggest parties both promising cash payments from big mining projects.
A recent survey suggested inflation had outstripped unemployment and corruption as ordinary Mongolians’ main concern.
More than 1,800 polling stations opened on Sunday morning. In towns they have been set up inside schools, libraries and gymnasiums. Read the rest of this entry »

Reuters reports that:

By Lindsay Beck

ULAN BATOR (Reuters) – On horseback, foot and motorcycle, Mongolians cast their ballots on Sunday in a tight race that will see the election of a government tasked with fighting inflation and tapping into huge mineral wealth.
A poll showed the ruling Mongolian People’s Revolutionary Party (MPRP) with a slight edge over the Democratic Party, but if neither wins a majority in the 76-seat parliament, or Great Hural, the smaller parties on the ballot could be the real power-brokers.
“Are you going to ask me who I voted for?” Prime Minister Sanjaagiin Bayar joked as he cast his ballot in the capital.
The last election four years ago resulted in a hung parliament, leaving the parties to scramble to form a government to rule the landlocked country of less than 3 million, whose empire under Genghis Khan once extended west as far as Hungary. Read the rest of this entry »