Archive for June, 2012

• Mongolia and China to promote bilateral economic cooperation

  Jun 11, 12 • 5 Views • Economy, News • Badrakh Batkhuyag • No Comments

  China-Mongolia economic and trade conference opened in China on Friday to promote bilateral economic cooperation. The event, jointly organized by the Mongolian National Chamber of Commerce and Industry and China Inner Mongolia International Trade Promotion...

• MNT 6.9 billion planned for UB’s renovation

  Jun 11, 12 • 1 Views • News • Badrakh Batkhuyag • No Comments

  Renovation works will be carried in 9 districts of the capital Ulan Bator this year. Total of MNT 6.9 billion is planned for some 65 projects. Green parks, playgrounds, water fountains and stadiums will be newly built under the plan. The above projects will...

• Former President N.Enkhbayar Ineligible for Election

  Jun 10, 12 • 0 Views • News • Badrakh Batkhuyag • No Comments

  Former Mongolian President Enkhbayar Nambar said he has been deemed ineligible to stand in this month’s parliamentary elections, in the latest setback to his attempted political comeback at a time when fresh questions are being asked about the...

• Erdenes Tavantolgoi IPO could raise $10.6 billion

  Jun 6, 12 • 2 Views • Finance, Mining, News • Badrakh Batkhuyag • No Comments

  Erdenes Tavan Tolgoi, the Mongolian state-owned coal miner proposing an initial public offering, may be worth as much as $10.6 billion, according to Frontier Securities. The value of the each Erdenes share is 933 tugrik (70.8 cents), Frontier said in a...

• Special mining licenses will not be issued for 5 years

  Jun 5, 12 • 3 Views • News • Badrakh Batkhuyag • No Comments

  D.Zorigt, Minister for Mineral Resources and Energy banned issuing of new special mining licenses for 5 years in some areas of 326 soums in 21 provinces. Ministry of Mineral Resources and Energy has planned to decrease the number of licenses in order to save...

• Democratic Challenge in Mongolia

  Jun 5, 12 • 2 Views • News • Badrakh Batkhuyag • No Comments

  The U.S. and other Western democracies have spent the better part of the last decade pushing for democratization across the globe. We have intervened in Iraq, Afghanistan and Libya and supported countless other efforts with aid and ideas to press democratic...

• Mongolia: Setting the tone for investment

  Jun 4, 12 • 0 Views • Economy • oxfordbusinessgroup • 1 Comment

  Concerns that a new foreign investment law would severely impact Mongolia’s natural resource sector and economy as a whole are beginning to ease, as industry players now see that reformed legislation is necessary for the country’s economic evolution....

• EU and EBRD launch new programme Mongolia

  Jun 4, 12 • 1 Views • News • Badrakh Batkhuyag • No Comments

  The European Union (EU) and the European Bank for Reconstruction and Development (EBRD) are joining efforts to help Mongolia diversify its economy with a new €3.8 million programme dedicated to small and medium-sized tnterprises (SMEs), launched in...