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MONGOLIA - News

A collection of all the business news concerning Mongolia and its investment environment.

Mongolian Freestyle Wrestler wins the first bronze in six years

Mongolian Freestyle Wrestler wins the first bronze in six years

Posted: September 17, 2013 on:

Yesterday a Mongolian athlete won the bronze medal during the first day of the 2013 FILA Wrestling World Championships in Budapest Hungary on September 16th.

"IT'S NOT A PROTEST AGAINST INVESTMENTS, IT'S AN ATTEMPT TO PROTECT NATURE"

Posted: September 16, 2013 on:

Ulaanbaatar /MONTSAME/ On Monday, the irregular spring session of the State Great Khural opened at 10.00 am in the State House. The session intends to discuss and adopt several laws aiming at supporting foreign investments.

 IRREGULAR SPRING SESSION OF PARLIAMENT OPENS

IRREGULAR SPRING SESSION OF PARLIAMENT OPENS

Posted: September 16, 2013 on:

Ulaanbaatar /MONTSAME/ An irregular spring session of the State Great Khural (parliament) opened 10.00 am Monday at the State House.

Prime Minister returns from Japan

Prime Minister returns from Japan

Posted: September 16, 2013 on:

Prime Minister N.Altankhuyag has finished his official visit to Japan that continued over September 11th to September 14th.

Mongolia looses 14 places in global competitiveness ranking

Mongolia looses 14 places in global competitiveness ranking

Posted: September 16, 2013 on:

The World Economic Forum (WEF), a Geneva based non-profit international organization released its annual Global Competitiveness Report for 2013-2014.

Coal export income decreased by 45 percent

Coal export income decreased by 45 percent

Posted: September 16, 2013 on:

The trade deficit has fallen to 1.5 billion according to the National Statistical Office of Mongolia.

Emergency session of Parliament begins

Emergency session of Parliament begins

Posted: September 16, 2013 on:

The Speaker of Parliament Z.Enkhbold has issued an order to call an emergency session meeting of Parliament for September to discuss the economy and proposed draft laws on the foreign investment capital fund.

Activists arrested after gun fired near Government House

Activists arrested after gun fired near Government House

Posted: September 16, 2013 on:

The Gal Undesten Union held a demonstration with 11 activists opposing the amendment law banning mineral exploration and exploitation in river and forest basins. The demonstration was held outside of the Government house during the emergency session meeting of Parliament called by Speaker Z.Enkhbiold today on September 16th. Local reports say that the activists fired shots into air near Government House around 10.30 am this morning. An emergency state was called in Government House disallowing any entry or exit for some hours.

Mongolian economy suffers as another row erupts over flagship mining project

Mongolian economy suffers as another row erupts over flagship mining project

Posted: September 15, 2013 on:

Mongolia has called a special two-week-long session of parliament to begin September 16 as it scrambles to relaunch the development of its flagship copper-gold mining project.

Prime Minister says Mongolia to sell Samurai bonds

Prime Minister says Mongolia to sell Samurai bonds

Posted: September 15, 2013 on:

According to Mongolia's Prime Minister Norovyn Altankhuyag, the country had been planning to sell its Samurai bonds this year. The sale was valued to as much as USD1 billion. It would also offer foreign investors a new way into its biggest coal project. The move was said to revive growth for the country, said the Prime Minister.

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