Ch.Khashchuluun: We selected the path to have the Mongolian Bank within three years.

Mr. Ch.Khashchuluun, Chairman of the National Development and Innovation Committee and Chairman of the Board of the Development Bank of Mongolia, shares his opinion on the recent development of establishing the Development Bank of Mongolia. Q: Law on Development bank was adopted and its old regulation was amended. Board is going to be changed also. […]

PM of Mongolia S.Batbold: Let's not criticize the past, we should focus on creation and implementation

S.Batbold, Prime Minister of Mongolia, gave an interview to the National Public TV and its transcript was published on Unuudur Newspaper. Business-Mongolia.com brings some excerpts of his interview that might me interesting for our readers. Q: Good Spring Days, Mr. Batbold, you just arrived from the Cabinet Meeting. What key issues were discussed during the […]

Ch.Khashchuluun: Budget expansion shall be halted in the future.

National Development and Innovation Committee developed main directions of 2011. The advantage of this document is that it would ensure greater efficiency in utilization of financial resources based on the local index. Ch.Khashchuluun, Chairman of the National Development and Innovation Committee has more on the issue. Election year leverages greater investment spending Q: The local […]

B.Enebish, General Director of Erdenes MGL LLC: Tavan Tolgoi IPO starts in late 2011

Q: When Erdenes Tavan Tolgoi LLC will be established? B.Enebish: Right before Naadam Holiday, the State Great Khural issued its resolution on realization of Tavan Tolgoi deposit. In the resolution, a provision says that Erdenes Tavan Tolgoi will be established next to Erdenes MGL LLC, as the operator at Tavan Tolgoi deposit. The main preparation […]

MP. Kh.Badamsuren: JVC experiences shall be implemented in the cases of Oyu Tolgoi and Tavan Tolgoi

MP. Kh.Badamsuren, Vice Chairman of the Mongolian – Russian Federation Parliamentary Group and President of Mongolia – Russia Friendship Association shares his opinion on state involved JVCs. Q: How do you evaluate the cooperation between two countries on mining sector? MP. Kh.Badamsuren: I would say that the cooperation was truly fruitful. No industrialization and creation […]

Prime Minister S.Batbold: Each aimag needs meat and milk processing factories, the Government will support it

Last August, Prime Minister S.Batbold visited to over 60 soums of seven aimags, traveling over 5600 kms. Shortly after his working visit to countryside, he made some statements towards business and economy development of Mongolia. His answers are still important to his next measures in the year of 2010-2011, therefore, business-mongolia.com team consider that his […]

Grant A. Edey, President of Khan Resources: The Nuclear Energy Authority cancelled our license without legal groundings

Grant A. Edey, President and CEO and Director of Khan Resources: The Nuclear Energy Authority cancelled our license without legal groundings It is an interview made by Daily Newspaper on July 31 2010. However, the legal sue is still undergoing. Therefore, business-mongolia.com decides to deliver this interview to its readers. Q: Can you share with […]

J.Bat-Erdene: Foreign Investors are highly interested in the list

J.Bat-Erdene: Foreign Investors are highly interested in the list Mr. J.Bat-Erdene, the State Secretary of the Ministry of Roads, Transport, Construction and Urban Development has information to share in his field of responsibility. Late July, the Government of Mongolia approved the list with 95 points, during its Cabinet Meeting, which will be implemented through concession […]