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Jun 12, 13 •
507 Views •
Construction, Featured, News, State Affairs •
Valencia •
1 Comment
It was a dream for many Mongolians especially for the Ulaanbaatar city dwellers to have a subway system. Finally the initiation came from the City Government after many years of research and feasibility study. Foundation was laid yesterday for the first UB...




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Jun 4, 13 •
717 Views •
Construction, Economy, Featured, Real Estate, State Affairs •
Valencia •
1 Comment
The government approves the new long awaited mortgage procedure. The new procedure will cover apartments that are less than 80 square meters and already commissioned or old ones. The mortgage will have a AER of %8+ up to 20 years. The pre-payment will be...




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May 29, 13 •
864 Views •
Energy, Featured, Mining, News •
Amarsanaa •
No Comments
The Mongolian Oil Shale Association and senior officials of “Genie Oil Shale Mongolia” LLC made introductory presentation to the Standing Committee of Economy of SGK, on producing petroleum from oil shale. Mr. Harold Vinegar Ph.D., senior researcher at...




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May 23, 13 •
1341 Views •
Banking, Companies, Finance, News •
info •
No Comments
Since almost a year ago, there were rumors were haunting media that Golomt Bank owners were going to split. Such rumors were extinguished instantly or removed immediately after the broke-out. from media. Recently, Foreign Minister and MP L.Bold (@boldlu), one...




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May 17, 13 •
2908 Views •
Economy, Energy, Featured, Interview, Mining, News, State Affairs •
Valencia •
No Comments
The board’s non-responsiveness is a sign of refusal, but this is a very rare case. We interviewed the Mongolian Ambassador Extraordinary and Plenipotentiary to Australia Mr. R. Bold. What are the main relations and sectors developing between the two...




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May 16, 13 •
685 Views •
Energy, Featured, News, State Affairs •
Valencia •
No Comments
Mongolian government has started implementing a policy to increase the supplier sources of gasoline and diesel fuels of the country. Relevant orders have been given to the Mining Ministry. Oil export to China has been increasing steadily in the recent years...




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May 14, 13 •
307 Views •
Banking, News •
Valencia •
No Comments
Agency for Fair Competition and Consumer Protection Mongolia is giving two-week notification to 14 commercial banks effective from tomorrow. Previously the mentioned violations have been in the courts. However, the previous authorities of the agency have...




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May 13, 13 •
703 Views •
Construction, Infrastructure, News •
Valencia •
No Comments
Two Japanese companies said on Monday they will build Mongolia’s second international airport as Tokyo steps up business ties with the mineral-rich country. Trading house Mitsubishi Corp and engineering firm Chiyoda Corp said in a statement that they...




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May 13, 13 •
185 Views •
Infrastructure, News, State Affairs, transport •
Valencia •
No Comments
Mongolia is set receive a Boeing 767-300ER on 15th of this month directly from the plane-maker. The plane will make a direct flight from the States to Ulaanbaatar, Mongolia. Representatives from State Property Committee, Ministry of Road and Transport,...




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May 12, 13 •
184 Views •
Infrastructure, News, transport •
Amarsanaa •
No Comments
Prime Minister meets with Yakunin, the President of “Russian Railway” Cooperative Mr. Yakunin expressed his gratefulness for making the meeting possible on the horizontal line of new railway. Prime Minister Altankhuyag noted the importance of respecting...



