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May 22, 13 •
84 Views •
Featured, News, State Affairs •
info •
No Comments
The three presidential candidates from Mongolian People’s Party, Mongolian People’s Revolutionary Party and Democratic party is confirmed and received their mandate from the General Election Committee. The candidates are MPP – Bat-Erdene...
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May 19, 13 •
160 Views •
Featured, Mining, News •
Valencia •
No Comments
The Mongolian Stock Exchange occupies a single room inside a gray building that once housed a children’s movie theater, just off Sükhbaatar Square in the capital city of Ulaanbaatar. On any given day, it’s quieter than the nearby National Library, as 20...
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May 18, 13 •
94 Views •
Featured, Mining, News •
tsolmon •
No Comments
The Export-Import Bank of the United States said its directors had authorised a US$500 million loan for development of Rio Tinto’s Oyu Tolgoi copper-gold project in Mongolia. In March, Bloomberg said Rio had secured bank pledges amounting to at least US$3...
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May 17, 13 •
156 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 •
76 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 •
58 Views •
Mining, News, State Affairs •
Sugar •
No Comments
State Budget Standing Committee has accepted the proposal of MP Ganbaatar S. investigating Oyu Tolgoi LLC on its tax and other related agreements and contracts obligations. A working group will be formed soon to implement the decision. Ganbaatar S. is one of...
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May 14, 13 •
46 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 •
43 Views •
Mining, News •
Valencia •
No Comments
March the United States refused to support the World Bank’s involvement in the same project. Oyu Tolgoi is Mongolia’s largest investment project and is expected to boost the country’s economy by about one third when in production. The six...
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May 13, 13 •
248 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 •
28 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,...