Mongolian Economy and Finance

MONGOLIA is a long way from his Maleny home, but Chinese medicine practitioner Anthony Brown is up for a challenge.

Michael Telford, a US finance specialist with experience in developing markets, has been appointed executive vice president of Mongolia Equipment Rental Corp (MERC).

Ulaan Chab, Inner Mongolia, July 26 (CNA) A direct flight route between Taipei and Hohhot, Inner Mongolia, which was launched in June, will help boost the tourism industry on both sides and facilitate the development of Taiwanese businesses in northern China's Autonomous Region, a chief Taiwanese negotiator with China said on Friday.

It is not often that vertebrate paleontologists get awarded government medals.

Consolidation Services Inc. and its wholly owned subsidiary in Mongolia, Mongolia Equipment Rental Corp., hired Michael Telford to serve as executive vice president of the company, effective Aug. 1st.

A New Zealand woman will race 1000km across Mongolia on horseback next month - and hopes to complete the mammoth charity ride in less than a week.

Cameron McRae, chief executive officer of Rio Tinto Group’s Oyu Tolgoi LLC, plans to step down from his job, three years after taking control of Mongolia’s biggest company, according to a person familiar with the matter.

What has been going on in Mongolia is unbelievable, and it has been on my mind ever since it began.

Walk into your local liquor store and head to the vodka section. What do you see?

Draig Resources (ASX: DRG) is focused on emerging coal projects in the under-explored and resource rich country of Mongolia, and has acquired a 16% interest in Trinity Mongolia Pty Ltd - which is a private Australian company.

Las Vegas, NEVADA (PRWEB) July 25, 2013

Geenpeace investigation accuses one of largest Chinese coal company of overexploiting groundwater and illegally discharging toxic industrial wastewater in the Inner Mongolia Autonomous Region.

Though he's no longer in the thick of the relationship, former U.S. Ambassador Jonathan Addleton has literally written the book on diplomatic ties between the U.S. and Mongolia since 1987.

Mongolia embraces wind energy

Bayan Nur is a city nestled in the crook of a crescent-shaped valley, between the Yellow River and a desert, and surrounded by productive farms.

Ballet dancers E.Oyun and E.Oyunbat took the leading roles when Swan Lake ballet was first staged in Mongolia in 1975.

The 80th anniversary of the Border Protection Service Organization in Mongolia took place last week.

The Mongolian Government and Ministry of Health have decided to establish a new, earthquake resistant building for the National Blood Transfusion and Research Center, capable of storing and supplying enough blood for the people of Mongolia, at the financing of 2.9 billion MNT.

Ulaanbaatar City Administration is planning to implement a “Smart City” program to create a safe and healthy environment for its citizens, improve the quality of life, provide state services to citizens in a more efficient way, and increase citizens participation in formulating state policies.

Yokozuna-titled “Hakuho” M.Davaajargal, State Honored Mongolian Sportsman and Japanese sumo wrestler, won the Japanese Emperor’s Cup for professional sumo.

The Asian Juniors Championship for freestyle wrestling will take place at the “Buyant Ukhaa” Sports Palace on July 25 to 28.

A film production is being created for the first time that shows the development of Mongolian ballet.

The Steppe Marathon, or 17th International Marathon commenced at 2pm on 21st July near Tsonjin Boldog, the giant Chinggis Khaan statue.

Gencap, the firm behind the FactorShares ETFs that brings funds to market on behalf of third-party clients, updated its regulatory paperwork seeking permission to offer active funds.

MADRID, July 24 (UPI) -- Indra, a Spanish consultancy and technology firm, is helping Mongolia improve airspace surveillance and air traffic control.

A black and white photo exhibition, “Mongolian monasteries and temples in the early 20th century” opened at Blue Moon Art Gallery on July 22.

Regardless of what he accomplishes on the tennis court, Angarag Sandag already has made history: He is the first athlete from Mongolia to compete in the Maccabiah Games.

Teen chess players from Mongolia have been successfully competing in the World Chess Olympiad being held in Chongqing, People Republic of China from 21-30 July, 2013.

The Mon Robot competition, designed to improve students’ technical planning, began at the Nairamdal Center on the July 23.

On July 25, the 9th edition of The World Games in Cali, Colombia, will begin with a spectacular opening ceremony in the Pascual Guerrero stadium in front of more than 35,000 spectators.

SIM cards are the de facto trust anchor of mobile devices worldwide.

MINSK, 23 July (BelTA) - President of the Republic of Belarus Alexander Lukashenko signed a decree on 23 July to approve the draft intergovernmental agreement with Mongolia on abolition of visas between the two states as a basis for further talks, BelTA learned from the president’s press service.

MONGOLIA is a long way from his Maleny home, but Chinese medicine practitioner Anthony Brown is ready for a challenge.

Mongolian and Japanese calligraphers opened a calligraphy exhibition at the Mongolian National Art Gallery on July 22.

Caffe Bene will expand its business into Mongolia and Cambodia after the U.S. and China.

Recently, Transparency International’s Global Corruption Barometer surveyed that 86% of the residents think that government officials are corrupt ranking Mongolia into second place after Liberia.

Business-Mongolia exclusively covered issues revolving around the world renowned Oyu tolgoi.

A Nadam Festival in memory of Genghis Khan kicked off Thursday in Ordos, North China'sInner Mongolia autonomous region.

SEOUL, July 23 (Yonhap) -- North Koreans carrying diplomatic passports were caught smuggling medicine by Mongolian customs officials, a report said Tuesday.

The artist T.Nurmaajav completes her life with color and paint.

As you know the “Grand Slam” competition of judo of the International Judo Federation took place in Moscow, Russia.

First Olimpic Games N.Tuvshinbayar and first world champion of Judo Kh.Tsgaanbaatar involved thier kimonos in auction which have worn in Olimpic Games to donate treatment fee of a girl B.Tanan, suffering from cancer.

Mongolian Football Federation and its official partner “APU” company jointly organizes “Borgio Cup” annually.

The Minister of Culture, Sport and Tourism of Mongolia, Oyungerel Tsedevdamba, sent an official letter to the President of Marvel Entertainment, Kevin Feige, protesting the use of traditional Mongolian script in the movie Iron Man 3.

On July 20th the Ikh Khurd 6 horse race for the best horses in Mongolia took place in Kharkhorn sum, Uvurkhangai aimag.

The Energy Regulatory Commission of Mongolia announced that from 5th August 2013 electricity prices will be increased.

SHANGHAI, Jul. 23 (SMM) - Inner Mongolia First Machinery Group is scheduled to complete an aluminium alloy plant by this year’s end, setting the trend of more such facilities being built in the region.

Can you imagine what life would be like living on a rubbish tip?

Singapore, July 22, 2013 -- Moody's Investors Service has today adjusted the local currency (LC) country risk and foreign currency (FC) bond and deposit ceilings for Thailand, Oman, and Mongolia. The sovereign bond ratings are not affected by the changes in the ceilings.

SELENGE PROVINCE, Mongolia, Jul 19 2013 (IPS) - Tsetseghkorol, a Mongolian herder, stares out nostalgically at the Orkhon River, the longest in the country.

SEOUL, July 23 (Yonhap) -- North Koreans carrying diplomatic passports were caught smuggling medicine by Mongolian customs officials, a report said Tuesday.

About a dozen ethnic Mongolians were arrested and several others injured in weekend clashes with police after a herder was assaulted by a group of drunken Han Chinese in northern China’s Inner Mongolia region, an overseas rights group said Monday.

Two statements in the video were most interesting to me.

Though Mongolian gross domestic product (GDP) growth has been slow, the influence of sub-sectors on general GDP growth has increased according to a study done in late 2012.

The Minister of Labor adopted a regulation for the “Employment of human trafficking victims and occupational training service”.

The best defender and 2006 FIFA World Player of the Year, Italian Fabio Cannavaro, is to visit Mongolia as a representative of the annual Asian “Tiger Street Football” festival on September 7 and 8.

In the ongoing investigation of T.Bilegt, former chief of the Ulaanbaatar City Representative’s Council, officers from the Investigation Division (ID) of the Independent Authority Against Corruption (IAAC) have conducted searches at numerous people’s homes.

Deputy Minister of Mongolia, D.Terbishdagva, recently met with administrators of the State Specialized Inspection Agency (SSIA) and other agencies under the jurisdiction of the SSIA, and presented with performance reports for the first half of 2013.

A project to increase the flow of the Selbe River and upgrade its surrounding area began two years ago.

Currently, a new maternal hospital with 300 beds is under construction on 2.4 hectares of land provided by the ordinance of the Ulaanbaatar City Mayor on March 21, 2012, at 10th khoroo of Khan-Uul District.

The artist G.Norovragchaa cannot be limited by any narrowly defined fine art categories while he is creating his work.

“Grand Slam” competition of judo of International Judo Federation will take place at Moscow, Russian Federation on July 20 and 21.

This year, the centers of six provinces are set to be connected to Ulaanbaatar with paved roads.

Ulaanbaatar, MONGOLIA, Jul 22, 2013 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - TSXV) is pleased to announce the release of its June 2013 letter to shareholders.

Supreme Group, a global leader in the provision of end-to-end supply chain solutions in challenging environments around the world, has continued its Asian expansion with a new contract win in Mongolia, representing its first catering operation in the country.

Savings Bank, Mongolia’s fifth-largest lender, has been declared insolvent after affiliated companies defaulted on loans, and will be taken over by a state-owned competitor, the central bank said.

A data analyst feels at odds without data. I’m glad I came to Mongolia to write, rather than as a data analyst.

We are living in a historic era, where Mongolia is striving to develop its economy by extracting natural resources.

In 2010, the Ministry of Nature, Environment and Green Development, Ulaanbaatar City Governor’s Office, Traffic Police Department and the State Specialized Inspection Agency adopted an ordinance to suspend the driving licenses of drivers who are caught washing their vehicles in the Tuul River for two years.

Before the new academic year starts, the flow of Mongolians -especially traders and parents- floods the rail route from Ulaanbaatar to Zamyn Uud.

During an inspection by the state inspectors of the General Customs Office of Mongolia on an international train running between Beijing and Ulaanbaatar, a massive amount of smuggled medicine was discovered.

At this year’s Naadam festival, which also marked the 92nd anniversary of the Mongolian People’s Revolution, a new National Wrestling Champion was born.

The Ulaanbaatar City Managing Council on Prevention Against Crime (UCMCPAC) and the Ulaanbaatar City Prosecutor’s Office have signed a memorandum of cooperation, and formulated a program of crime prevention partnership for 2013 through 2016.

Mongolia’s popular music festival “Playtime” is returning this year for the 12th year in a row.

The Anti Corruption Authority (ACA) raided the home of former president Nambar Enkhbayar on Wednesday July 17th.

The former Director General of Erdenet Mining Corporation, Ch,Ganzorig, was arrested just after the Naadam celebrations.

The Gobi-Altai aimag is internationally known for its endangered animals including the Mazaalai (gobi bear), snow leopard, ibex, argali sheep, saiga antelope and wild bactrian camel.

According to a publication by Bloomberg Mongolia is ranked as the 4th most stressed country based on the stressfulness of the living environment.

S.Enkh-Amgalan has been appointed as the new President and Executive Director of SouthGobi Sands LLC (SGS), the subsidiary of SouthGobi Resources Ltd. The appointment was effective from 15th July 2013.

Economic cooperation between North Korea and Mongolia has been expanding sharply of late, with the rise in human exchanges between the two socialist countries.

What’s the latest weapon in the Chinese military’s arsenal of high-tech killing machines?

You don’t need to speak their language to be captivated by Hanggai’s powerful music.

The really big questions that affect everyone looking at Mongolian mining are: What shape will promised government legislation regulating the sector take? And when will it actually come into force?

We are pleased to present the ninth annual Failed States Index.

Jul 22, 2013 (Menafn - M2 PRESSWIRE via COMTEX) --Colorado State University professor Dennis Ojima has been awarded Mongolia's "Champion of Nature and The Environment" medal, one of the highest honors given by the Mongolian Ministry.

In a remote part of China, runners contend with poor guidance and water shortages -- but are rewarded with spectacular scenery.

China, Russia and mystic Mongolia have been on my bucket list for years, but never did I expect to do all three in one trip.

In Mongolian," Ganbaa explains, "the word for "ride a horse" and "fall off a horse" is the same."

A Nadam Festival in memory of Genghis Khan kicked off Thursday in Ordos, north China's Inner Mongolia Autonomous Region.

BODIAM Castle provided the back-drop for nearly 200 cars departing for the Mongol Rally at the weekend.

Reuters reported that Rio Tinto faces lingering disputes with the Mongolian government over its Oyu Tolgoi copper mine.

In association with the Embassy of the Republic of Korea in Mongolia, the Korean Trade-Investment Promotion Agency (KOTRA) is to launch its “KOTRA-Ulaanbaatar” Busness Centre in Ulaanbaatar on July 26th 2013.

It is believed that fishing is a sport that values nature preservation. Many world leaders love the sport.