Archive for November, 2012

• 100th Day of the Mongolia’s new government

  Nov 30, 12 • 6 Views • Economy, Government, News • Urjee • No Comments

  It has passed 100 days since the coalition government was formed as a result of the 2012 parliamentary election. There had been a number of public events and activities implemented for this particular occasion starting from early this week. The celebration...

• Mongolia sells $1.5 bln

  Nov 29, 12 • 4 Views • Business, Economy, Finance, Government, News • Urjee • No Comments

  The Government of Mongolia on Wednesday sold $1.5 billion of senior unsecured notes in two parts in the 144a private placement market, said IFR, market sources. Bank of America Merrill Lynch, Deutsche Bank, HSBC and J.P. Morgan were the joint bookrunning...

• The largest petroleum retailer NIC fined

  Nov 28, 12 • 12 Views • Business, Companies, Government, News • Urjee • 1 Comment

  The Agency for Fair Competition and Consumer Protection (AFCCP) has decided to impose a fine of MNT 4.967 Billion on NIC, the largest retailer of petroleum products in Mongolia, due to its creation of false shortage of gasoline in the market. NIC gas...

• Hoshoot to be considered as a strategically important mine

  Nov 27, 12 • 3 Views • Business, Mining, News • Urjee • No Comments

  The Cabinet Meeting of Mongolian Government held in on 17 November 2012 decided that the Hoshoot deposit located in Darvi soum of the Hovd province would become one of the strategically important mines in the country. According to the Minerals Law of...

• Tavan Tolgoi Coal Field Deadline Delayed to Mid-2013

  Nov 26, 12 • 7 Views • Business, Mining, News • Urjee • No Comments

  Mongolia may delay the selection of companies to develop part of the nation’s biggest coal field to the middle of 2013 from the end of this year, a government mining official said. Bidders for the West Tsankhi area of the Tavan Tolgoi deposit “have...

• “Mineral Resources–Reference Material” conference to be held

  Nov 26, 12 • 6 Views • Business, Mining, News • Urjee • No Comments

  The 2nd International Conference on “Mineral Resources-Reference Material” will take place on 27-28 November, 2012 at Kempinski  Khan Palace Hotel in Mongolia. It will be co-organized by Central Geological Laboratory (CGL) of Mongolia and Federal...

• Mongolian runner S. Bat-Ochir wins 2nd Osaka Marathon

  Nov 25, 12 • 7 Views • Lifestyle, News, Sport and Culture • Urjee • No Comments

  Mongolia’s Ser-Od Bat-Ochir won the race of the 2012 Osaka Marathon held in central Osaka, Japan, on Sunday. The 31-year-old Mongolian crossed the line in two hours, 11 minutes and 54 seconds, well ahead of Japan’s Yasuyuki Nakamura, who finished...

• Envoys head to Mongolia on fact-finding trip

  Nov 25, 12 • 1 Views • Lifestyle, News, Sport and Culture, State Affairs • Urjee • No Comments

  Fifteen European ambassadors to China, who also represent their governments in Mongolia, gathered in Ulaanbaatar during the past week for an annual fact-finding visit. They also had high-level meetings with officials from the Mongolian government, including...

• 32nd Meeting of SEACEN BOG and 48th SEACEN Governors’ Conference/High-Level Seminar held in Mongolia

  Nov 25, 12 • 104 Views • Business, Economy, News • Urjee • No Comments

  The 48th Conference of the Governors” of the South East Asian Central Banks (SEACEN), High Level Seminar and 32nd Meeting of the SEACEN Board of Governors were held on November 22-24, 2012 in Ulaanbaatar, Mongolia. The SEACEN Governors’ Conference...

• Mongolia Meets Investors

  Nov 23, 12 • 2 Views • Business, News • Urjee • No Comments

  Mongolia is meeting investors from today to discuss a possible dollar-denominated bond sale, as closed markets in the U.S. for Thanksgiving prompted Asian issuers to pause. Bond risk fell. The North Asian country, which was the world’s fastest- growing...