Government Approves Legislation Regarding the Financial Cooperation between Mongolia and Austria

The Government has approved of a legislation regarding the Financial Cooperation Agreement between Mongolia and the Republic of Austria, and will present it to the Parliament. The agreement will last 2 years and will allow Mongolia to receive up to 40 million euros in loan to spend on specific state departments. Also, a legislation regarding […]

Teachers to End Their Strike on Monday

Today, Prime Minister S.Batbold held a meeting with head of the Mongolian Worker’s Union S.Ganbaatar, and head of the Mongolian Education and Science Laborer”s Union J.Batzorig. Workgroups commissioned by the Prime Minister started three-party talks with the Unions. As a result, teachers will end their strike on Monday, and schools and kindergartens will revert back […]

The Government Discusses About Salary Raise

On Friday, the government discussed about the issue of salary raise and other financial benefits for state employees as demanded by the Mongolian Worker’s Union. They concluded that in accordance with article 3.1 of the 2010-2011 three-party Labor and Social Convention, the Government, the Mongolian Worker’s Union, and the Mongolian Employer’s Union will discuss the […]

Prime Minister Supports Bill Regarding the Social Wellfare of Teachers

The subject of making amendments to the educational law to improve the social well-being of teachers is being heavily discussed in the Government. Prime Minister S.Batbold supports the bill put forward by Parliament members D.Oyunkhorol, O.Enkhtuvshin, D.Ochirbat, D.Odbayar, S.Erdene, and P.Altangerel. The Parliament members presented the bill which includes modification to the current educational law.

Government Decisions will Affect the Tavan Tolgoi IPO

The following is an interview concerning the IPO of  Erdenes Tavan Tolgoi with the CEO of Edenes Mongol B.Enebish, member of the board of directors of the Mongolian stock market B.Bold, and the President of the investment bank MICC D.Achit-Erdene. How is the preparation for Erdenes Tavan Tolgoi’s  IPO on the international market going? B.Enebish: […]