Archive for December, 2011

• Government Approves Legislation Regarding the Financial Cooperation between Mongolia and Austria

  Dec 29, 11 • 8 Views • Government, Infrastructure, News, State Affairs • Ayush • No Comments

  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...

• Prime Minister S.Batbold Chosen as Man of the Year

  Dec 28, 11 • 9 Views • Lifestyle, News, Sport and Culture • Ayush • No Comments

  11 Years ago, the Mongolian Daily Newspaper chose the year’s top 9 leading public figures for their contribution to society. Since then, the practice has taken shape to become one of the most prestigious and respected awards among Mongolians for...

• Mongolia has 8.4 billion tons of coal reserve

  Dec 27, 11 • 9 Views • Energy, Mining, News • Badrakh Batkhuyag • No Comments

  According to Mineral resources commission, 112 mining deposits of 14 kinds have been registered this year. Coal deposits are the majority with 27 coal deposits discovered and registered. They have been followed by 23 deposits of gold, seven of iron, four of...

• Former ACA Employees complain about illegal dismissals

  Dec 27, 11 • 1 Views • News • Badrakh Batkhuyag • No Comments

  Nine former employees of Mongolia’s anti-corruption agency (ACA) filed a complaint with the State Service Council that they were illegally dismissed reports the media. Many former employees of the Independent Agency Against Corruption were laid off and...

• Weekly Stock Exchange Review

  Dec 26, 11 • 1 Views • Finance, News • Badrakh Batkhuyag • No Comments

  Five stock trades were held at Mongolian Stock Exchange on December 19-23. 1.7 million shares of 72 JSCs were traded totaling MNT 6.6 billion. Index TOP-20 was 20251.33 units and was increased by 1736.31 units or 9.4% against the week earlier. The total...

• China’s coking coal imports hit record high

  Dec 24, 11 • 8 Views • Companies, Mining, News • Badrakh Batkhuyag • No Comments

  China’s imports of coking coal hit a 10-month high of 5.1 million mt in November, the highest since shipments of 5.6 million mt in January, according to Chinese customs data released Thursday. November imports were up 19% from imports of 4.3 million mt...

• Top Tax Payers will be Supported by the Government

  Dec 23, 11 • 9 Views • Business, Companies, Economy, Government, News • Ayush • No Comments

  Today, Prime Minister S.Batbold met with the executives of the top 100 tax payer companies and organizations in Mongolia. This marks the first time the head of Government has invited leading contributors to the Mongolian state budget into the State Palace to...

• Mongolia Spending Glut Risks Bust on Commodity Outlook, IMF Says

  Dec 23, 11 • 5 Views • Mining, News • Badrakh Batkhuyag • No Comments

  Mongolia’s economy, which grew 20.8 percent last quarter, risks contraction along with a global downturn in commodity prices partly due to a surge in state spending, according to the International Monetary Fund. Government spending jumped 50 percent in real...

• Daily Stock Exchange News

  Dec 23, 11 • 1 Views • Finance, News • Badrakh Batkhuyag • No Comments

  19.6 thousand shares of 38 JSCs were sold at the Mongolian Stock Exchange today, totaling MNT 66.7 million. Shares of 38 JSCs were traded of which share prices of 23 JSCs were increased, 7 JSCs were decreased but 8 shares were stable in comparison to the...

• Year for Support of Employment Ends with Positive Results

  Dec 22, 11 • 4 Views • Economy, Government • Ayush • No Comments

  The Ministry of Food, Agriculture and Light Industry and the Ministry of Labor and Social Welfare were declared the leading contributors to the project “Year for Support of Employment – 2011”. Among agencies, the Department for Small and Medium...