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MONGOLIA - News

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

Manufacture

B.Naranbat : “Unless we formulate a reformed policy and implement it, the manufacturing sector of Mongolia will soon be abandoned

Posted: September 17, 2012 on: business, Economical, Political

Below is an interview with B.Naranbat who is an economist undertaking a PhD at Tohoku University.

President Enkhbayar

Mongolian ex-president laundering case shows Asian banks need a tight PEP regime, say officials

Posted: September 17, 2012 on: Economical, Political

Financial institutions in Hong Kong and Singapore need to review and monitor their anti-money laundering (AML) and know-your-customer (KYC) procedures and policies regularly to prevent abuses by politically exposed persons (PEPs), said industry officials.

Nuclear weapons free zone

Major powers recognize Mongolia as nuclear weapons free

Posted: September 17, 2012 on: General, Political

Mongolia, jammed between nuclear arms giants Russia and China, on Monday secured a unique pledge from the major powers not to breach its self-declared nuclear weapons-free zone.

Khan Investment Group

Khan investment group quarterly report

Posted: September 17, 2012 on: business, Economical

According to Australia’s Resource Minister Mr Martin Ferguson, the mining boom in Australia is “over”.

Ulaanbaatar main square

Mongolia - Key To U.S. Security Goals In Asia

Posted: September 16, 2012 on: Political

Mongolia continues its rapid ascent in the strategic playbook of the United States and the West.

mongol bank's new president

MongolBank’s new chairman targeted against inflation

Posted: September 16, 2012 on: Economical, Political

Plenary session of the parliament on Friday approved N.Zoljargal as new President of MongolBank.

First Book Day

Mongolia celebrates Book Day

Posted: September 16, 2012 on: culture

2012, President Elbegdorj issued a decree instituting a Book Day to promote reading and publishing books. The decree provides for instituting national Book Days on the third Saturdays of September each year.

Mongol gher

Nomads’ land: Hospitable shepherds welcome visitors to Mongolia’s harsh steppes

Posted: September 16, 2012 on: culture, Economical, Environment

DALANZADGAD, Mongolia — It was lunchtime on the steppe in Mongolia, the most sparsely populated country on Earth. So when our driver spotted a lone white yurt in the distance, we stopped for a jug of hot sheep"s milk tea.

Rio Tinto

SouthGobi Former CEO: Departure From SouthGobi ’Part of Process’

Posted: September 16, 2012 on: Mining

Altan Rio Minerals Limited, announces a private placement financing of up to 4,000,000 common share units at a price of CA$0.25 per unit for gross proceeds of up to CA$1,000,000. Each unit will consist of one common share and one-half of one common share purchase warrant.

Though Not Yet Open, a Huge Mine Is Transforming Mongolia’s Landscape

Posted: September 16, 2012 on:

KHANBOGD, Mongolia — In the dry expanses of southern Mongolia, a handful of large blue buildings are clustered together, ringed only by a thin metal fence. A single plane sits on an airstrip, while power lines stretch off into the distance. They, along with the scattered flocks of sheep and goats, are almost the only things dotting the vast landscape.

Real Estate Mongolia

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