Friday, December 31, 2010
Rose River Farm off Old Blue Ridge Turnpike (Route 670) just east of Bohannon Road (Route 600) in the Syria community.
Nobuyuki Nozawa has been fascinated by Mongolia since he was a child--particularly its people's nomadic lifestyles--but not even he could have foreseen he would end up helping combat viral hepatitis in Ulan Bator.
The Australian dollar was the world's best performing currency in 2010 - after Mongolia's.
Thursday, December 30, 2010
The Chief of the Welfare Department of the Labor and Welfare Service Board, D.Choijilsuren, has said the Human Development Fund has earmarked MNT82.5 billion for payment of students’ fees in 2011.
The U.S. Embassy in Mongolia recently supported a group of 10 activists – seven of them physically disabled – belonging to the NGO Wind Bird - to make an intense two-week visit to the USA to:
China controlling nearly 95% of rare earth minerals production globally and the possibility of demand exceeding supply in the short to medium term provides a strong incentive for Japanese, U.S. and European investment in Mongolian rare earth mining and the associated export infrastructure links, says a research note prepared by Eurasia Capital.
Ch. Khashchuluun, Chairman of the National Development and Innovation Committee, has said the emphasis in their work plan for economic development in 2011 is on optimal use of financial resources by using local indices, the first time this will be done.
The Standing Committee on Security and Foreign Policy approved on December 28 the terms of Mongolia borrowing USD12 million from the International Development Association (IDA) for the program “Development Policy Financing-2”. However, the members instructed the Government to spend less on trainings and seminars.
Ulaanbaatar, Mongolia, /MONTSAME/ In accordance with a decree of the Mongolia's President Ts.Elbegdorj, some foremost media workers were awarded Wednesday with state prizes for their significant contributions to strengthening valuables of democratic society and developing free journalism.
Ulaanbaatar, Mongolia, /MONTSAME/ The prize named after the President of Mongolia for young scholars was awarded Wednesday. The State Head has granted the prizes to three scholars from the Academy of Sciences of Mongolia (ASM).
Ulaanbaatar, Mongolia, /MONTSAME/ A ceremony took place Wednesday in the Government House to grant the prize named after the Prime Minister to the best children of the year 2010. These children have shown brilliant successes in arts, sports and in studying.
The toughness of the Mongol warrior often determined the outcome of a battle. In 1221, at the Battle of Indus, the Turkish Army of Jellalud-din took up an excellent defensive position beside the Indus, its flanks protected by the mountains and a bend in the river.
The commodities rally going into the New Year showed no signs of slowing on Tuesday, with copper hitting its second record high in as many days and most markets rising in thin trading amid seasonal holidays.
Wednesday, December 29, 2010
Colorado State University Team Receives $1.5 Million NSF Grant to Study Climate Change Impacts on Mongolian Pastoralists
FORT COLLINS - A team of researchers from Colorado State University's Warner College of Natural Resources has been awarded a $1.5 million National Science Foundation grant to study the impact of climate change on rangeland-based ecosystems and livelihoods of pastoralists in Mongolia.
Manas Petroleum Corp., a Switzerland-based oil exploration company, has raised $1.12 million in a private offering of equity. Deal Value (US$ Million) 1.12
The MPP group in Parliament discussed on December 27 the law draft on pasture land submitted by some MPs and decided there was need for more discussion.
Members of the MPP group in Parliament have approved the nomination of M.Altankuyag, a former Chairman of the State Prosecutor General’s Office, as the next Chief of the Constitutional Court.
Coal sector representatives from Mongolia will join a consultative meeting in Tianjin in China on January 6, organized by the Ministry of Mineral Resources and Energy, the Mineral Resources Authority and the Mongol Coal Association.
The Confederation of Trade Unions (CTU), NSB television and the Mongolian Employers’ Federation issued a joint appeal on December 27 asking citizens to buy more domestically produced goods and food items.
The Mongolian National Mining Association and Energy Resources LLC recently decided after a meeting that the present manpower situation in the country called for a review of a 1999 decree that bars women from operating heavy machinery.
Ulaanbaatar, Mongolia, /MONTSAME/ The Prime Minister S.Batbold has greeted in behalf of the Government all the Mongolians who are living, working or studying abroad on occasion of the New year.
Ulaanbaatar, Mongolia, /MONTSAME/ The Prime Minister S.Batbold received Tuesday a delegation led by D.Sumyabazar and Ya.Sodbaatar, first vice-presidents of the Mongolia's Free-Style Wrestling Federation (MFSWF).
Ulaanbaatar, Mongolia, /MONTSAME/ The meeting of the parliamentary Standing committee on security and foreign policy discussed Tuesday a financial agreement on finance and payment for developmental policy, established between the government of Mongolia and the International Development Association (IDA).
Ulaanbaatar, Mongolia, /MONTSAME/ Ceremony took place December 23, 2010 in Bangkok city, Thailand to join Mongolia to an agreement on cooperation with the Regional Integrated Multi-Hazard Early Warning System for Africa and Asia (RIMES).
Ulaanbaatar, Mongolia, /MONTSAME/ The World Masters competitions for the best 16 judoists ranked by the International Judo Federation (IJF) will take place January 15-16, 2011 in Baku city, Azerbaijan.
Pyongyang, December 26 (KCNA) -- General Secretary Kim Jong Il's work "Abuses of Socialism Are Intolerable" was brought out in pamphlet by the Mongolian Centre for the Study of Juche on Dec. 18.
Mongolia is a land locked country with long and freezing winters and hot and drought prone summers.
Tuesday, December 28, 2010
In 1921, Mongolia, with support of Soviet Russia, started to become a modern country. Since that time, Mongolia started to adopt some current holiday practices, such as New Years, International Women’s Day and Mongolian Army Day (Men’s Day).
The Canadian group Fraser Institute recently dubbed Mongolia the second-worst destination for mining companies, but, nestled deep between Russia and China, this once-overlooked country plays host to potentially some of the world"s largest mineral deposits - a fact that cannot be ignored by the global mining industry, says a report in Interactive Investor.
Just having a source of income is not enough, as many people in the country are realizing.
Not all economic analysts are agreed that the 11% policy rate the Mongol Bank has left unchanged since last year will help control inflation, but the Bank has said it will retain the rate in 2011.
The Alliance of the Civil Movements for Environmental Protection, which includes 11 organizations from 10 aimags, has urged mining companies to reveal details of their water consumption.
The choice of organization to run the Development Bank will be revealed this week and two groups from South Korea and Japan are favorites for the selection.
The newly opened Sain Us airport in the Inner Mongolia Autonomous Region of China, 27 km from Ereen city and 32 km from the border with Mongolia, is likely to serve flights to Ulaanbaatar and to the Far Eastern areas of the Russian Federation in the near future.
Residents in five aimags including Uvs, Khovd and Zavkhan, have told Gal Undesten Union officials that a large quantity of meat is regularly smuggled to China in trucks carrying coal. Between 600 and 700 tons of sheep and goat meat is smuggled daily.
AP, as the global financial crisis has led to coal, copper and wool prices, the Government of Mongolia 15, the Chinese Government provides 30 billion dollars in loans to address the current crisis.
One exchange is the world's smallest, the other is in a country recovering from war, but they're both thriving.
HONG KONG Dec 28 (Reuters) - Miners bidding for Mongolia's Tavan Tolgoi, which could become one of the world's largest coal mines, have to submit a proposal for upfront payment to win the deal, the South China Morning Post reported on Tuesday.
Solomon Resources Ltd. (SRB:TSX-V) is pleased to provide an update on its exploration programs in
Mongolia. Solomon іѕ exploring projects, subject tο іtѕ Option Agreement wіtһ Gallant Minerals Ltd., covering 22 projects іח Mongolia.
Mongolia. Solomon іѕ exploring projects, subject tο іtѕ Option Agreement wіtһ Gallant Minerals Ltd., covering 22 projects іח Mongolia.
Monday, December 27, 2010
December 23 (Leyshon) Leyshon Resources Limited (AIM:LRL, ASX:LRL) (Company) advises that it has today lodged the attached Admission Document with the Alternative Investment Market (AIM) of the London Stock Exchange pursuant to its readmission to trading on AIM.
A consortium of four Japanese trading houses plans to bid for partial development of Mongolia's coal deposits of more than 6 billion metric tons, spokesmen of three of the four companies said Monday.
China imported a total of 14.52 million tonnes of coal from Mongolia in the first eleven months this year, growing 109% year on year, as per the Administration of Inner Mongolia Coal Industry.
A Korea Development Bank (KDB) delegation headed by its Chairman and CEO, Euoo-Sung Min, recently called on Prime Minister S.Batbold to express their interest in cooperating with Mongolia in running the recently established National Development Bank.
The Government has decided to spend USD24,307 remaining of the soft loan of USD300 million from the Chinese Government on some construction work for Ulaanbaatar Railway.
The Standing Committee on Nature, Environment, Food and Agriculture decided on December 22 to forward to Parliament the proposal to allocate MNT1.8 trillion to a national program on climate change that will be spent on environmental protection, including post-mining reclamation.
The Millennium Challenge Foundation (MCF) has handed over ambulance vehicles with medical equipment and training facilities worth USD285 million to hospitals and health organizations throughout the country.
Parliament passed on December 23 the law draft on procedures to amend the Constitution. Earlier, the final discussion at the Standing Committees had been marked by acrimony and dispute, but the approval by Parliament was comparatively uneventful.
Nine organizations in the construction field were chosen as the best in as many spheres and received the Barilga Best Awards-2010 at a ceremony in Chinggis Khaan hotel on December 20.
A cooperation memorandum has been signed between tourism officials of Mongolia and the Inner Mongolia Autonomous Region of China.
Construction work in Ulaanbaatar city this year has cost MNT21.4 billion or 43.5% more than in 2009. This includes MNT16.4 billion spent on building and street repair work done by foreign and domestic companies.
Two DP MPs, Ya. Batsuuri and E. Bat-Uul, have expressed concern that state-owned companies are “used as milk cows” by those in power and said that until there is operational transparency in them, they “will remain hotbeds of corruption”.
Ulaanbaatar, Mongolia, /MONTSAME/ According to a preliminary census of livestock of 2010, Mongolia has lost 12 million heads of livestock due to natural disasters and infectious diseases.
Ulaanbaatar, Mongolia, /MONTSAME/ A delegation headed by Lieutenant-General Ts.Byambajav, head of the General Headquarters of Mongolia's Armed Forces (GHMAF) paid an official visit December 21-23 to People's Republic of China at an invitation of the Colonel-General Chen Bingde, chief of the General Staff Department of People's Liberation Army (PLA).
Ulaanbaatar, Mongolia, /MONTSAME/ Initiated and established by State Honored Sportsmen Kh.Tsagaanbaatar, E.Badar-Uugan and B.Naranbaatar, the "Together for success" NGO has granted the "Successor of Champions" prize to FIDE Master D.Nomin-Erdene.
Ulaanbaatar, Mongolia, /MONTSAME/ Director of the "Erdenet" Mining Corporation Ch.Ganzorig has been elected the president of Mongolia's Olympic Boxing Federation (MOBF).
Ulaanbaatar, Mongolia, /MONTSAME/ A meeting of Mongolia's Free-Style Wrestling Federation (MFSWF) has elected its first vice-presidents and some leading officials.
A fascinating study of how democracy is faring in East Asia, released late last year, deserves a closer look, particularly at this time of financial crisis, when self-styled socialist countries (think China and Vietnam) are doing relatively well after turning to the market economy and governments in the capitalist countries are taking over banks and other private enterprises.
The 'bad boys' of sumo: Why some foreign wrestlers have trouble adjusting to the sport's rigid world
Firms from Korea, Japan and Russia will reportedly make a joint bid in January for the rights to develop a large coal mine in Mongolia.
Dec 25 (Reuters) - Itochu Corp (8001.T), Sumitomo Corp (8053.T) and two Japanese trading firms will jointly bid for rights to a large Mongolian coal mine, along with a South Korean consortium and a state-owned Russian company, the Nikkei business daily said.
ULAN BATOR, Dec. 24, 2010 (Xinhua News Agency) -- Official statistics showed Friday the total number of livestock in Mongolia this year is 31.8 million, down 27.7 percent from 2009.
ULAN BATOR, Dec. 24 (Xinhua) -- Mongolian President Elbegdorj Tsakhia Friday appealed to the Mongolian public to give up drinking vodka when attending a new year ceremony.
Friday, December 24, 2010
Nippon Steel Corp., Japan’s biggest mill, is interested in investing in coal projects in Russia and Mongolia to secure supplies of the raw material, an executive said.
Ulaanbaatar, Mongolia, /MONTSAME/ The cabinet meeting held Wednesday approved a Mongolia-Russia inter-governmental agreement on regulation of financial responsibility of Mongolia to the Russian Federation (RF) which was signed December 14, 2010 in Moscow, Russia.
Ulaanbaatar, Mongolia, /MONTSAME/ The government discussed and approved Wednesday an inter-governmental agreement on cooperation in combating against human trafficking, between Mongolia and Macau, a special administrative region of the People's Republic of China (PRC).
Ulaanbaatar, Mongolia, /MONTSAME/ On Wednesday, the cabinet meeting considered results of the state visit of the President Ts.Elbegdorj to Japan paid November 15-19 and decided to submit them to the National Security Council.
Ulaanbaatar, Mongolia, /MONTSAME/ Mongolia's National Olympic Committee (MonNOC) has organized a seminar for heads of Olympic councils of aimags and the city's districts. The main purposes of the action are to spread and develop sports in rural areas and to propagandize international Olympic ideology among children and youths.
Dec. 15 (Bloomberg) -- Mining takeovers, heading for the second best year on record, are shifting to the emerging markets of Africa and Asia as BHP Billiton Ltd., Rio Tinto Group and Xstrata Plc look to seal cheaper deals in less-explored areas.
"When issued" Trading in Ivanhoe Mines rights Begins December 23, 2010, in Advance of Planned Start of Regular Rights Trading in Early January 2011
TORONTO, ONTARIO--(Marketwire - Dec. 22, 2010) - Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) announced today that rights to be issued under the company's previously announced rights offering will begin trading on a "when issued" basis on Thursday, December 23, 2010, on the Toronto Stock Exchange (TSX) under the symbol "IVN.RT," on the New York Stock Exchange (NYSE) under the symbol "IVN RT WI" and on the NASDAQ Stock Market under the symbol "IVN.Z."
HONG KONG, CHINA--(Marketwire - Dec. 23, 2010) - SouthGobi Resources Ltd. (TSX:SGQ)(SEHK:1878), announced today that it has completed the private placement with Aspire Mining Limited ("Aspire") (ASX:AKM) announced on October 26, 2010.
PERTH-BASED HUNNU Coal listed on the Australian Securities Exchange on February 12, 2010, as a specialist coal company with a clearcut strategy.
Thursday, December 23, 2010
The Standing Committee on Security and Foreign Policy has unanimously approved the proposed agreement between Mongolia and China to send convicted prisoners to their home countries. Mongolia already has a similar agreement with Canada and South Korea. Once the agreement is concluded, the exchange of prisoners can start within three months.
City officials have been demanding more economic powers and authority for long but no decision has yet been taken. Meanwhile, next year’s state budget shows an MNT26-billion deficit for the city and the Civil Representative Assembly will meet on December 23 to discuss and pass the city’s budget of 2011.
The Standing Committee on the Budget decided on December 21 to have further discussion on the law draft on the Value Added Tax.
The General Director of the National Mortgage Corp (NMC), J.Jargalsaikhan, answers our journalist’s questions.
Ulaanbaatar, Mongolia, /MONTSAME/ An international seminar of parliamentary research services of Asian countries has been held in Seoul, the Republic of Korea, at an initiative of the Research Service of the South Korea's National Assembly.
Ulaanbaatar, Mongolia, /MONTSAME/ Head of the State Commission on Management and Organization of the Rehabilitation of Politically Repressed (CMORPR), Vice Speaker N.Enkhbold gave a report Monday on works done by the commission since its establishment in 1990. This meeting was also a ceremony to close the commission's 20th anniversary actions.
Ulaanbaatar, Mongolia, /MONTSAME/ A delegation headed by G.Batkhuu, a Vice Speaker of Mongolia, has visited Germany's Berlin, Dresden and Freiberg cities at an invitation of the government of the Federal Republic of Germany (FRG).
Global steel production is set to increase by nearly two-thirds in 2020, anticipates Peabody, the bulk of which will be in India and China. And, as the biggest American coal company playing in the Asian market, Peabody is pressing its case in the form of acquisitions and infrastructure expansions.
IVAN - News). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
Mongolia plans to build its first nuclear power plant around 2020, officials said Wednesday.
Chinese National Defense Minister Liang Guanglie and Tserendejid Byambajav, the visiting chief of general staff of the Mongolian armed forces, met in Beijing Tuesday and pledged to enhance bilateral military cooperation.
Wednesday, December 22, 2010
The FINANCIAL -- A $2.5 million grant from the Asian Development Bank (ADB) will help Mongolia overhaul its savings and credit cooperative market and provide basic financial education nationwide, particularly for poor households.
Prime Minister S.Batbold’s aim to adopt European standards in Mongolia received a boost with the signing on December 20 of a Collaboration and Partnership Agreement between Mongolia and the European Union.
The MPP group in Parliament met on December 20 to discuss the law draft on the election. A working group had earlier reviewed the MPP Managing Council’s understanding of the Constitution that an MP can only be directly elected by voters and its suggestion that the new structure should allow representation from local people.
Khan Resources LLC of Canada owns 58% of the Central Asian Uranium Co., which has worked in the Mardai uranium deposit in Dornod aimag, while Monatom LLC of Mongolia and ARMZ LLC of Russia own 21% each.
Rio Tinto, working in cooperation with Zorig Foundation, has awarded scholarships to 20 students of domestic universities in the present academic year, majoring in geology, mining, economics, and law.
The aim of the recent Competitive Mongolia exhibition was to demonstrate that a “strong Mongolia can be established only by allowing domestic producers, goods and service providers to participate in the grand development of mining in the Mongolian Gobi”, according to its joint organizers, the Mongolian National Chamber of Commerce and Industry and the Mongol 999 national consortium.
Ulaanbaatar, Mongolia, /MONTSAME/ The Ambassador Extraordinary and Plenipotentiary of Mongolia to the Republic of Croatia J.Enkhsaikhan has presented his letter of credence to the Croatian President Ivo Josipovic.
Ulaanbaatar, Mongolia, /MONTSAME/ The Prime Minister, head of the national council for the "Third Campaign for Reclaiming Virgin Lands" agrarian development program S.Batbold gave a speech at the national council's meeting held Monday in the Government House.
Ulaanbaatar, Mongolia, /MONTSAME/ The representation of Mongolia's powers--President Ts.Elbegdorj, the Speaker D.Demberel and the Prime Minister S.Batbold--received Tuesday the heads of diplomatic missions and international organization in Mongolia.
Ulaanbaatar, Mongolia, /MONTSAME/ Mongolia's University Sports Federation (MUSF) has selected the top students--sportsmen, sportswomen and a team of the year 2010. On Tuesday, the top ones received prizes in the Central Sports Palace.
Until the 1990s, Mongolia was a member of the Eastern bloc. Therefore, the Mongolian diplomatic community was represented by socialist countries. Now, most former socialist countries shut down their embassies. We do not have any more embassies from Hungary, Poland, and Romania etc. For ambassadors from these countries, Mongolia was another socialist country, and it was mostly clear.
Tuesday, December 21, 2010
The head of Ulaanbaatar Railway, T.Ochirkhuu, has indicated that the USD125 million Russia has indicated it will add to the joint venture company’s capital is most likely to be used to buy 50 locomotives.
Australian-backed and Mongolia-focused minerals explorer and developer Xanadu Mines Ltd. closed its Initial Public Offer (IPO) oversubscribed and expects to list on the Australian Securities Exchange on December 21. Through its IPO, Sydney-based Xanadu sought to raise AUD21 million at 60c a share and the offer received a significant level of support from a broad cross section of local and international investors.
Deputy Minister of Food, Agriculture, and Light Industry Kh. Zoljargal has said the recent outbreak of the foot and mouth disease was the first in Mongolia since 2001, and actually came at a time when the Government was planning to write to the WHO that Mongolia was free of the disease. He guessed the infection had come from antelope which travel to and from China, but did not answer a question on whether “China had deliberately sent infected antelope across the border”.
Parliament Speaker D.Demberel has said it is unfortunate that the feeling is widespread in the country that someone stealing MNT100,000 gets to spend 10 years in jail, but those stealing several billions live in honor and dignity.
Ulaanbaatar, Mongolia, /MONTSAME/ The Minister of Foreign Affairs of Mongolia G.Zandanshatar received Monday Mrs. Shoko Noda, the Deputy Resident Representative of UNDP Mongolia. She is to return home soon.
Ulaanbaatar, Mongolia, /MONTSAME/ Mongolia and the European Union (EU) initialed Monday a partnership and cooperation agreement in Ulaanbaatar, successfully finishing the stage of the talks. The agreement has been initialed by B.Bolor, the Vice Minister of Foreign Affairs of Mongolia, and by Mr. Franz Jessen, a head of the European Commission's unit for Mongolia.
Ulaanbaatar, Mongolia, /MONTSAME/ The Ambassador extraordinary and plenipotentiary of the USA to Mongolia Mr. Jonathan Addleton has given a lecture to students of the International Relations School at Mongolia's State University (MSU), the U.S Embassy in Mongolia said Monday.
Ulaanbaatar, Mongolia, /MONTSAME/ The first forum dedicated to the governmental purchase activity has been co-organized by the Ministry of Finance, the "Mercy Corps" international organization, and the "Developmental center of purchase activity" NGO.
Mongolian focused Xanadu Mines (ASX: XAM) has been admitted to the ASX and will commence trading at 11am AEDT today, Tuesday 21 December 2010.
LAKE GEORGE -- Caldwell Presbyterian Church members have raised $3,350 in the last month to benefit a Mongolian woman seriously injured after a car struck her last summer.
Monday, December 20, 2010
The South Korean Immigration Office says193 of the 2,500 Mongolian women married to Korean citizens have taken Korean citizenship. Korean men are said to prefer marrying foreigners as Korean women do not want to have many children.
Mining companies have come together to oppose the Government’s decision to review and revoke licenses of explorers and extractors in river basins and forest areas. Altogether 254 licenses held by gold mining companies have already been identified for cancellation.
The city authorities have accepted recommendations in a feasibility study conducted by the Ministry for Food, Agriculture and Light Industry on replacing the present Hargia waste water treatment plant with a new one that will use newer technology and have more capacity.
Ulaanbaatar, Mongolia, /MONTSAME/ The Ambassador Extraordinary and Plenipotentiary of Mongolia to the Republic of Greece Ts.Gankhuyag presented Wednesday his diplomatic credentials to Karolos Papoulias, the President of Greece.
Ulaanbaatar, Mongolia, /MONTSAME/ On December 16, 2010, staff from the Public Affairs Section (PAS) of the U.S. Embassy in Mongolia donated free publications and teaching materials for use by Peace Corps volunteers during participation in the Peace Corps "Partnership Fair".
Ulaanbaatar, Mongolia, /MONTSAME/ An international master of sports G.Boldbaatar won a gold medal in the Judo Grand Prix took place December 17-18 in Qingdao city, China. Some 250 judoists from 31 countries have competed in the competition. Mongolia has been represented by 12 male and seven female judoists.
Since February 2008, the Human Security Policy Studies Centre HSPSC,NGO, has been implementing the‘Project to Combat Human Trafficking in Mongolia’ under a grant from the Swiss Agency for Development and Cooperation (SDC). One of the main objectives of the project has been to raise public awareness to help prevent and protect citizens from being victimized, as well as to help focus the attention and resources needed to tackle this crime.
Dec 17, 2010 (BBC Monitoring via COMTEX) -- [By B. Huder] Ulaanbaatar: The 12th consular consultative meeting of Mongolia and China was held 15 December in Beijing, China.
Voyager Resources Limited (ASX:VOR) announces that it has commenced diamond core drilling at its 100% owned Khongor Copper Gold Porphyry Project located in the World Class Oyu Tolgoi Copper Belt of the South Gobi Province of Mongolia.
Ulaanbaatar, Mongolia, /MONTSAME/ A partnership and cooperation agreement between Mongolia and the European Union will be initialed December 20 in Ulaanbaatar. Fro this purpose, a delegation is to arrive headed by Mr. Franz Jessen, a head of the European Commission's unit for Mongolia.
A senior official of the Communist Party of China (CPC) on Friday vowed to enhance the party's friendship and cooperation with the Mongolian People's Party (MPP).
A high-ranking delegation of the Mongolian Parliament, led by its Chairman Demberel Damdin, left Hanoi on December 17 after concluding its official visit to Vietnam.
Friday, December 17, 2010
Deputy Prime Minister M.Enkhbold, head of the working group charged with implementing business environment reforms in 2010, has said it has been decided to cancel 101 of the 337 regulations enforced by 11 ministries and 25 agencies.
The unwritten law that the poverty is reduced if the economy grows does not seem to hold true in Mongolia. Why is this so? A World Bank report on the puzzle was yesterday released by the Bank’s economists Andrew D Meson and Tran B Nguen at a ceremony attended by representatives of the National Development and Innovation Committee, the National Statistics Office, the President’s advisers, some Ambassadors and media.
The Meteorology Institute says snow now covers 70% of the territory and some soums of Bayan-Ulgii, Uvs, Zavkhan, Khuvsgul, Arkhangai, Uvurkhangai, Bulgan, Selenge, Dundgobi, Khentii, Dornod and Sukhbaatar aimags are under 10 and 45 cm of snow.