Monday, December 31, 2012

MONGOLIA TO REVISE CONTROVERSIAL INVESTMENT LAW

Mongolia’s Mining Ministry will revise a controversial investment law to improve the country’s investment environment for foreign investors, local media said on Friday.

MONGOLIAN INVESTMENT LAW REFORMS: TOO LITTLE, TOO TOO LATE?

Mongolia’s government is reportedly preparing to amend a controversial foreign investment law passed earlier this year.

Soft Power? : The Means and Ends of Russian Influence Abroad

This book investigates Russian mechanisms designed to influence and attract countries in the “Common Neighborhood” (Azerbaijan, Belarus, China, Estonia, Finland, Georgia, Kazakhstan, Latvia, Lithuania, Mongolia, North Korea, Norway, Poland, and Ukraine) and beyond.

Will Turkey Squander Its Opportunity to Lead?

Instead of Turkey leading the post-Arab Spring Middle East, Turkish Prime Minister Recep Tayyip Erdogan is setting a new standard of intolerance.

2012 IAAF WORLD RACE WALKING CHALLENGE REVIEW – CHINESE WALKERS REIGN SUPREME

Inner Mongolia sounds like the sort of destination that takes two days to get to by camel while following Marco Polo down a winding track.

3,500 kg ancient coins found in China

Archaeologists have excavated about 3,500 kg of ancient coins in China's Inner Mongolia Region, Xinhua reported Sunday.

MR - Tavan Tolgoi-Choibalsan Railway Line - Mongolia - Construction Project Profile - new market research report published

31.12.2012 06:28:01 - MR - Tavan Tolgoi-Choibalsan Railway Line - Mongolia - Construction Project Profile - a new market research report on companiesandmarkets.com

Huge quantity of ancient coins found in China

BEIJING: Archaeologists have excavated about 3,500kg of ancient coins in China's Inner Mongolia Region, Xinhua reported on Sunday.

3,500 kg of ancient coins excavated in N China

HOHHOT, Dec. 30 (Xinhua) -- Archaeologists have excavated about 3,500 kilograms of ancient coins in north China's Inner Mongolia Autonomous Region, sources said Sunday.

World's biggest dinosaur handover shakes up the market

A fossil dealer's guilty plea has set the stage for what is most likely the largest dinosaur fossil repatriation in history, according to an attorney representing the president of Mongolia — the country that will receive most of the fossils that federal officials are seizing from fossil dealer and preparer Eric Prokopi.

Sunday, December 30, 2012

Fossils Dealer Pleads Guilty to Smuggling Dinosaur Bones Into U.S. From Mongolia

A Florida fossils dealer pleaded guilty to smuggling charges Thursday and agreed to give up a celebrated $1 million dinosaur skeleton seized by the U.S. government earlier this year for its eventual return to Mongolia.

People throng tribal food festival in Guwahati

Scores of people recently congregated at a tribal food festival here to savour sumptuous dishesspecific to Assam.

Rio Tinto lawyer detained in Mongolia released just in time for Christmas

An Australian lawyer for a Rio Tinto (ASX:RIO) subsidiary who has been detained in Mongolia since October has obtained permission from local authorities to leave the country just in time for Christmas.

Eastern Oregon wraps up shoe box project

Needy children in the Philippines, Peru, Panama, Mongolia and Nepal will receive Christmas presents in shoe boxes from Eastern Oregon and the Tri-Cities region.

Market Report, "Dental and Oral Hygiene Product Market in Mongolia", published

30.12.2012 00:31:29 - New Healthcare research report from Global Research and Data Services is now available from Fast Market Research

Cretaceous Law: Bone Smuggler Pleads Guilty

It turns out, Mongolia was right.

Dinosaur smuggler faces 17 years in prison

The dinosaur smuggler has pleaded guilty and now faces 17 years in prison.

Dealer Pleads Guilty to Smuggling in Largest Dino Case Ever

A fossil dealer's guilty plea has set the stage for what is most likely the largest dinosaur fossil repatriation in history, according to an attorney representing the President of Mongolia, the country that will receive most of the fossils that federal officials are seizing from fossil dealer and preparer Eric Prokopi.

Think the UK weather is bad? Try Inner Mongolia

A freezing blizzard pummeled the Xilin Gol area of China's Inner Mongolia Autonomous Region on Saturday morning, severely affecting road traffic.

Saturday, December 29, 2012

New International Airport to be built by Japanese group

Ministry of Road and Transportation informed at a recent press conference that they have received a detailed cooperation proposal including a quote from the contractor to build the new airport in Ulaanbaatar.

MNT 29 Billion paid to wool producers

The government has transferred MNT 29.4 Billion as incentive payments to 103,000 individual herders, who produced 14,700 tons of wool in 2012.

Beren Mining to issue IPO

Beren Mining, a subsidiary company of Beren Group, has announced that it will issue an initial public offering for 30% of its shares within the first quarter of next year.

National flag raising ceremony in honor of independence

Tomorrow is the 101st Anniversary of the Mongolian National Revolution of Freedom day. 

Why Is Cashmere More Expensive Than Other Kinds of Wool?

Winter is upon us, which means that cashmere sweaters—a staple of holiday gift-giving and cold-weather fashion—have returned to store shelves.

Life sentence for former Party chief who killed the Mongolian steppe

Beijing (AsiaNews) - The former head of the Communist Party in Inner Mongolia has been sentenced to life imprisonment for taking bribes that have led to pollution of the Mongolian steppe and the oppression of Mongolian herders.

China launches rival GPS satellite system

The Beidou, or compass, system started providing services to civilians in the region on Thursday and is expected to provide global coverage by 2020, state media reported.

Beidou launches navigation system for the Asia-Pacific region. A challenge to GPS

Beijing (AsiaNews / Agencies) - The satellite navigation system Beidou ("Big Dipper") has begun to release data for commercial use throughout the Asia-Pacific region, in strong competition with the U.S. system GPS (Global Positioning System).

Is That A Tyrannosaurus Rex Skeleton You’re Trying To Import Illegally Or — Wait, Dinosaurs?!

Perhaps there are some illegal items you could sneak past officials in order to sell them in the U.S., but advertising some really great dinosaur skeletons and fossils you’re ready to unload for the right price, well,that’ll likely get you snagged right quick.

Mongolian doctors in training

Korea’s top hospitals are training doctors from developing Asian countries, who are increasingly choosing them as their preferred destinations for acquiring advanced medical skills.

Foreign workforce limit determined

During Saturday`s Cabinet meeting the issue of importing workforces in 2013, and the proportion of qualified personnel among them and extension of workforce agreements for large construction projects and programs was discussed.

Disaster Security Office reshuffle

During Monday`s Government cabinet meeting it was decided that the Disaster Security Office, a part of the Public Administration Organization, will be restructured.

Elderly and disabled to receive final payment of 340,000 MNT

The Minister of Human Development and Social Welfare, S.Erdene, announced that elderly and disabled people in the country will receive the remaining 340,000 MNT from the one million MNT allocated to them from the Human Development fund from December 24.

State Specialized Inspection Agency will be dismantled

The State Specialized Inspection Agency is expected to be dismantled and the new offices will be moved to districts.

Erdenes Oyu Tolgoi Board to meet again

The Board of Directors of Erdenes Oyu Tolgoi LLC held a meeting to discuss the action plan for 2013 and to discuss the new CEO appointment for the company on December 25th.

Person of the year awarded

News.mn named E.Bat-Uul, the Governor of Capital City and Major of Ulaanbaatar, as “Person of the year”.

M.Enkhbold appointed as Deputy Speaker

In today`s Parliamentary plenary session meeting, MPs discussed the appointment of M.Enkhbold as Deputy Speaker and approved the proposal with 89.8 percent of the vote.

Amendments proposed for Strategic Investment Law

The Ministry of Mining announced that Parliament is to make changes to the Law on the Regulation of Foreign Investment in business entities operating in sectors of strategic importance (Strategic Investment Law) that was passed last May.

L.Bold congratulates new Japanese PM

L.Bold, the Minister for Foreign Affairs congratulated the President of the Liberal Democratic Party (LDP) Shinzo Abe on his election as Japan`s 96th Prime Minister.

Mongolian Stock Exchange sold 348,440 shares

The Mongolian Stock Exchange sold 348,440 shares from 23 companies worth 76,169,020 MNT during 4,374th trading day.

State Laureate figures awarded by President

B.Batchuluun, the frontman of “Niciton” rock band has been awarded with the title of Art Laureate figure along with D.Ariunbold, the director of New Generation Production who was awarded with the title of State Laureate Artist at 11:40 am at the State Palace in accordance with a presidential decree.

Border check-point roads closed on December 29th

A local daily newspaper reported that there are some changes to the rules governing border check-points and the regulations between Mongolia and China and intergovernmental negotiations.

Meat price stabilization is backed

The Central Bank of Mongolia has completed financial backing for meat price stabilization and the meat reserve program.

MONGOLIA THE SLEEPING GIANT OF COKING COAL SUPPLY

Mongolia, sitting on vast resources of mineral wealth, is at last beginning to realise the potential that has been talked about for many years as more of its resources come to market.

LDK - Hohhot Polysilicon Manufacturing Plant Expansion - Inner Mongolia - Construction Project Profile - new market research report published

© companiesandmarkets.com
28.12.2012 20:41:54 - LDK - Hohhot Polysilicon Manufacturing Plant Expansion - Inner Mongolia - Construction Project Profile - a new market research report on companiesandmarkets.com

"Seat Market in Mongolia" is now available at Fast Market Research

28.12.2012 04:14:25 - New Consumer Goods research report from Global Research and Data Services is now available from Fast Market Research

Chinese buy dairy factory

Glenavy's dairy factory has got another lease of life.

Chinese Rare Earth Firm to Form Megacompany

China's top rare earth producer announced Friday it will gain control of 12 other firms in the sector, making its first move to form a megacompany.

China's top rare earth producer to form megacompany

China's top rare earth producer announced Friday it will gain control of 12 other firms in the sector, making its first move to form a megacompany.

Baotou Steel integrates 12 rare earth producers

The Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co, China's largest rare earth producer, signed an integration agreement with 12 rare earth producers in Inner Mongolia autonomous region on Thursday.

Chinese dairy firm plans could mean NZ jobs

Plans by a Chinese dairy firm to invest more than $200 million in building an infant formula plant could mean more jobs in South Canterbury.

Farmers likely to benefit from Chinese purchase

Federated Farmers says the likely sale of Oceania Dairy to China's largest dairy producer by market value should be good news for farmers looking to get the best price for their milk.

Inner Mongolia Yili to construct infant formula plant in New Zealand

Inner Mongolia Yili Industrial Group, a China-based dairy company, plans to invest $214m to set up an infant formula facility in South Canterbury and as part of this strategy, it is set to buy New Zealand-based Oceania Dairy Group.

Florida fossils dealer surrenders dinosaur skeleton

A Gainesville fossils dealer pleaded guilty in New York on Thursday to smuggling charges and agreed to give up a celebrated $1 million dinosaur skeleton seized by the U.S. government earlier this year for its eventual return to Mongolia.

Fla. man pleads guilty to illegally smuggling dinosaur skeleton into US from Mongolia

NEW YORK — A Florida fossils dealer pleaded guilty to smuggling charges Thursday and agreed to give up a celebrated $1 million dinosaur skeleton seized by the U.S. government earlier this year for its eventual return to Mongolia.

Preet Bharara Deports Lenny The Tyrannosaurus To Mongolia

This is an update of a “Street Sweeper” column that originally ran on June 20, 2012.

China’s New Leadership: Challenges For Human Rights, Democracy And Freedom In East Turkestan, Tibet And Inner Mongolia

The World Uyghur Congress, UNPO and the Society for Threatened Peoples are organizing a conference in Geneva on March 11-13, 2013, looking at rising tensions within China and providing proposals for resolving those peacefully.

Baotou Steel Rare-Earth Group to integrate Inner Mongolia resources

China's Inner Mongolia Baotou Steel Rare-Earth Group (BSR, 600111.SH), one of the largest producers of rare earth minerals in the world, announced Thursday that it has signed agreements with 12 Inner Mongolia-based upstream rare earth enterprises and their shareholders, which indicates the company has started to integrate rare earth resources in northern provinces.

Fossils dealer admits smuggling 70-million-year-old Tyrannosaurus worth $1million into US

Eric Prokopi smuggled dinosaur bones into US pretending they were from lizards 'and other reptiles'
Father-of-two - who ran business selling fossils - faces up to 17 years in prison
Commercial paleontologist was described as 'a one-man black market in prehistoric fossils'

Man Admits to Smuggling Asian Fossils of Dinosaurs

The description accompanying Lot 49315 at Heritage Auctions in May was striking: a “superb Tyrannosaurus skeleton,” a remnant of a vanished animal that “ruled the food chain of the ancient flood plains that are today’s Gobi Desert.”

Florida fossil thief admits smuggling from China, Mongolia

A Florida-based man accused of smuggling 70-million-year-old dinosaur skeletons, including a Tyrannosaur, into the United States pleaded guilty in court yesterday.

Smuggle Dinosaur Skeleton From Mongolia, Face Up To 17 Years In Prison

A fossil dealer has pleaded guilty to illegally removing a dinosaur skeleton from Mongolia—where the fossils are the property of government—that he tried to auction for $1 million.

Friday, December 28, 2012

The Dream Theatre – the best of 2012

Since its establishment, the Dream Theatre has proven that it is one of the best of its kind.

President visits reindeer family

The President of Mongolia Ts.Elbegdorj spent the longest night of the year in the tent of reindeer herder family, the minority of the Mongolian nationality.

Agreement signed for green development

The Ulaanbaatar City Mayor, E.Bat-Uul, and the Minister of Nature, Environment and Green Development, S. Oyun, have signed a Memorandum of Understanding agreeing to cooperate in implementing the 2013-2016 Action Plan, which aims to ensure a secure and healthy environment for citizens of Ulaanbaatar, and they agreed to consider the importance of the environment in urban planning and in infrastructure construction.

Fuel Prices Rose Despite Government Loan to Fuel Importers

The Fair Competition and Consumer Protection Authority announced on Monday that the fuel prices are going to increase by 50 MNT, this despite the soft loans issued by the Mongolbank to stabilize petroleum prices.

70 players compete in Chin van Handdorj Chess Tournament

Over 70 chess players, including six Grand Masters, 19 FIDE masters, and more than 20 sports masters and sub masters have competed in the Chin Van Handdorj rapid chess tournament, which was named after Mongolia’s first Minister of Foreign Affairs.

What Makes an Economy Fragile

By Paul Sullivan,
Georgetown University

“The Foolish Glutton” and “The Last Station of the Mountain Goat1”

1 For not Mongolian readers: There is a very well-known Mongolian poem about an old, mountain male goat (ibex) that stands on the edge of a very high cliff in the Altai Mountains, his final station.

File sharing: is it legal?

The entertainment industry has been fighting copyright infringers for a quite a long time now and as we know the ongoing fight went “online.”

B.Tuvshinzaya: I started dancing to reveal my talents

The following is a short interview from Unuudur Newspaper with a student from the Music and Dance College of Mongolia -B.Tuvshinzaya.

Stay on “Atelier of flowers” exhibition

Yellow, pink, blue and red…..sunflower, peony, thistle and tulip…

Ulaanbaatar roads to be cleaned with vehicles from 2013

The roads along the suburbs of our capital city have been lagging behind in terms of repair and cleaning since the Maintenance Service Companies were privatized. Below is an interview with D.Enkhsaikhan, the Director of the City Maintenance Authority (CMA), Ulaanbaatar Governor Service.

CHINA AND JAPAN ON THE BRINK OF WAR IN 2013

A leading international relations expert says open warfare could break out between China and Japan in 2013.

WORLD COPPER REFINING FEES SET TO RISE IN 2013 -AURUBIS

Global copper ore treatment and refining charges (TC/RCs) for annual contracts are likely to rise in 2013 but talks about new year deals are making slow progress, Europe’s biggest copper smelter Aurubis said on Friday.

Vietnam’s Top Fund Sees Home-Grown Rally in 2013: Southeast Asia

Vietnam’s biggest fund manager is betting the cheapest stocks in Southeast Asia will extend gains as the economy recovers from the slowest growth in 13 years.

Man Pleads Guilty To Smuggling Dinosaur Skeletons Into U.S.

NEW YORK (CBSNewYork) – A Florida man has pleaded guilty in Manhattan federal court to smuggling dinosaur fossils into the U.S.

Fossil dealer's guilty plea ends $1 million dinosaur dispute

NEW YORK — A Florida fossil dealer pleaded guilty to smuggling charges Thursday and agreed to give up a celebrated $1 million dinosaur skeleton that was seized by the U.S. government earlier this year for eventual return to Mongolia.

Fla. man pleads guilty in NY over $1M dino dispute

NEW YORK (AP) — A Florida fossils dealer pleaded guilty to smuggling charges Thursday and agreed to give up a celebrated $1 million dinosaur skeleton seized by the U.S. government earlier this year for its eventual return to Mongolia.

Doubling Down On Turquoise Hill's Buy Signal

On December 24, I issued a buy signal article regarding Mongolian stocks, including Turquoise Hill Resources (TRQ) and SouthGobi Resources (SGQRF.PK).

Mongolia's Neighbors Vie for Maximum Role

TSOGTSETSII, Mongolia — After years of testy debate, Mongolia broke ground this spring for a railroad that will haul coal across the pebbled Gobi desert to China, but with one costly condition.

Thursday, December 27, 2012

Mongolian president calls for better environment for foreign investments

ULAN BATOR, Dec. 26 (Xinhua) -- Mongolian President Tsakhia Elbegdorj says his country should respect the Oyu Tolgoi copper-gold deposit agreement reached between the government and foreign investors and create a better investment environment.

Rio Tinto commissions largest copper concentrator to Mongolian mine

ULAN BATOR, Dec. 27 (Xinhua) -- Anglo-Australian mining group Rio Tinto commissioned its largest copper concentrator to the gold-copper deposit Oyu Tolgoi in the southern Gobi region in Mongolia on Thursday.

Chinese firm plans Sth Canty dairy factory

Chinese dairy firm Inner Mongolia Yili Industrial Group plans to spend $214 million building an infant formula plant in South Canterbury in a deal that will see it take over Oceania Dairy Group.

China's Yili to buy Oceania Dairy for $214 mln

Dec. 27 (BusinessDesk) - Chinese dairy firm Inner Mongolia Yili Industrial Group plans to spend $214 million building an infant formula plant in South Canterbury in a deal that will see it take over Oceania Dairy Group.

Looking for Opportunity Where Few Others Invest

PHNOM PENH, Cambodia — Investors started poking around for deals here five years ago, as the war-torn country began to move past its legacy of genocide and coups.

INVESTMENT MONGOLIA 2012 – A MTN CONSULTANT IN HONG KONG!

Executive search services. I joined Mongolia Talent Network straight after graduating from university.

Inner Mongolia Coal imports in 11 months up by 16%

According to the Inner Mongolia Coal Industry Bureau, Inner Mongolia Autonomous Region, the country's largest coal producer, saw its coal imports rise by 16.15% year on year to 20.62 million tonnes in the first eleven months, almost close to last year's total import volume of 20.70 million tonnes.

PRIVATE BUSINESSES START INVESTING MONGOLIAN ARTS AND CULTURE

During the cultural summit that took place in recent days, the officials were discussing that there is insufficient partnership between cultural and commerce people in Mongolia.

Wednesday, December 26, 2012

Economist

JOB LOCATION
Ulaanbaatar

Hometown U: With UAA's diverse students, sometimes data doesn't tell the story

It's no surprise to say that UAA has a diverse and international student population. Athletic achievements among its Kenyan runners and European skiers make headlines.

Lawyer Armstrong reunited with family

LAWYER Sarah Armstrong flew home to the Coast last night from Mongolia, which had barred her from leaving for two months.

Mongolian president calls for better environment for foreign investments

ULAN BATOR, Dec. 26 (Xinhua) -- Mongolian President Tsakhia Elbegdorj says his country should respect the Oyu Tolgoi copper-gold deposit agreement reached between the government and foreign investors and create a better investment environment.

Young – but successful

The Dream Theatre was established on November 17, 2011 on the occasion of 80th Anniversary of Mongolian Drama.

“Mermaids” puppet performance to be staged

The Mongolian Puppet Theatre is to perform the Mermaids puppet play for children as a New Year`s gift on December 22nd.

340,000 MNT free allowance to be issued

Elderly people and handicapped people will receive 340,000 MNT free allowance.

News.mn names city major as the person of the year

At the end of the year professional press bodies traditionally award people and particular event of the year with titles.

Fuel prices have increased

The Authority for Fair Competition and Consumer Protection (AFCCP) announced that the fuel price per litre is to increase by 50 MNT.

Cameras to be installed in night clubs

The Ministry of Justice is discussing the issue whether to extend night club closing time until 04:00 am.

PROPHECY COAL BETS ON MONGOLIA

Prophecy Coal (PRPCF / PCY.TO) is trying to make a go of the resource sector in Mongolia.

Rare birds flock to Pulicat lake

There’s good news for birdwatchers this season. A team of ornithologists and forest officials has spotted rare newcomers at Pulicat lake.

Asia stocks stage Christmas rally

LOS ANGELES (MarketWatch) — Strong gains surfaced in the few Asian stock markets open Tuesday for Christmas, with Tokyo jumping on a weakened yen, and Shanghai rallying on a sharp advance for realtors and banks.

Rare earth output halt remains to help prices

CHINA'S largest rare earths producer yesterday announced that it will continue to halt some of its production for a third month to help stabilize tumbling prices.

Sino-Russian youth ice hockey friendly match unveiled in Manzhouli

Edited and translated by Gao Yinan, People's Daily Online

China-Russia-Mongolia Int'l Ice and Snow Festival kicks off

Edited and translated by Ye Xin, People's Daily Online

Heavy snow overwhelms northern grassland

Heavy snow has been battering Xilin Gol grassland in north China's Inner Mongolia Autonomous Region, causing anguish for more than eight million farmers and herdsmen.

Liu Yunshan: Down-to-earth journalist joins CPC top leadership

One lesson Liu Yunshan learned more than 30 years ago remains as he is elevated to the top leadership of the Communist Party of China (CPC).