Business
Civil Will Party Supports Healthy Business Environment
Civil Will Party Leader S.Oyun and S.Demberel, Head of MCCI signed on a collaboration memorandum. The objective of the memorandum is to maintain sustainable economic growth, create favorable environment for business and investment and implement real partnership between government and private sector. S.Oyun said, “Unfair and unhealthy business environment should grow. Therefore state dominance in […]
Minerals Law is Kept for Next Parliament
Yesterday, Spring Parliament session has been temporarily paused. Temporary means that the parliament will gather after election and close the session officially. Majority of this parliament is to run for election 2008. The term for election campaign and promotion starts officially as well and allowing opportunities for Parliamentarians to run their election campaign, Speaker Lundeejantsan […]
The licenses of Asgat and Tavan Tolgoi Mine were Issued to “Erdenes MGL” LLC
License of Asgat Silver Mine at Nogoonmnuur sum of Bayanulgii province, by the resolution of the MRPAM, was issued to “Erdenes MGL” LLC, the state-owned company. Also mining license of Tavan Tolgoi mine at Umnugobi province, was transferred from “Energy Resource” LLC to “Erdenes MGL” LLC. This resolution was made on the basis of the […]
International Microfinance Conference is Held Successfully
Regular session XI of International Microfinance Center was held successfully between 29 and 31 on May in Ulaanbaatar. Over 500 delegates from 40 countries and representatives of Mongolian banks, international microfinance organizations, investors, experts and professionals attended the Conference, held under the auspice of the President of Mongolia, for three days. In framework of the […]
Canadians are to Unite
Khan Resources Company proposed a purchase of Western Prospector
With purposes of strengthening its position and influence in uranium sector, a Canadian Company Khan Resources proposed to acquisition of shares of and merge with Western Prospectors group. However the proposal was like a demand. WPG rejected the proposal, but Khan Resources Company left the proposal open […]
Anod Bank Becomes Mongolian SE Member
Director of Mongolian Stock Exchange/MSE/ R.Sodkhuu and Chairman of RPB of Anod Bank E.Gur-Aranz signed the agreement on security issuer at the press and information center of the MSE. At the signing of the agreement of the two, Anod Bank joined MSE membership to trade stocks on the secondary market. After signing on the agreement, […]
81 Chinese Citizens Are Deported from Khentii Aimag
Foreign Citizen and Immigrations Agency held an examination for foreign workers in Khentii Aimag. By this examination, they disclosed 81 Chinese Citizens who were working without license, and deported them to China through Khavirga border station of Dornod Aimag last week. Moreover, 152 Chinese Workers of “Nasnii Zam” LLC and 11 Workers of “Tusini” LLC […]
Gold is Exempt from 68 Percent Taxation
Majority of budget of our country comprises of 68 percent taxation or price increase of some products. This taxation is imposed on copper and gold. Yesterday, Economic Standing Committee of the Parliament discussed the draft law, initiated by the Government on nullifying the provision on imposing 68 percent windfall tax on gold. Members of the […]
Develop National Corporation in Order to Mine Ourselves
Singer B.Khongor, Ts.Jadambaa of Global Leadership Institute, and number of other guys announced that they are founding “Bayan Mongol” (stand for Richer Mongolia) civil movement. According to them, Mongolia shall incorporate National Corporation which could serve for the purpose of developing mining projects. “Most important thing is that we, Mongolians have to explore, mine, and […]
Mining and Construction Sectors Need Workers
Union of Employers of Mongolia, Labor and Social Service Agency, and Student Union of Mongolia jointly organize Labor Expo annually. Organizers say Expo makes a long-term connection between new graduates and worker needed employers. Last year’s unemployed rate of 3.2 per cent decreased to 3 per cent this year. Almost 20 companies had participated labor […]
