Mongolian Economy and Finance

Several officials freed from Ministers' posts By B. Amarsaikhan Ulaanbaatar, October 16 (MONTSAME) Parliament session on October 16 discussed draft resolution on freeing some officials from posts of cabinet members and voted on each of the Ministers.

US Generals Visit Ministry of Defense By B. Amarsaikhan Ulaanbaatar, October 16 (MONTSAME) The State Secretary of the Ministry of Defense Major-General Z.Boldbaatar received on Wednesday 15 Generals and other high military officials from the USA.

Mongolian General in Command of UNMISS Operations By B. Amarsaikhan Ulaanbaatar, October 16 (MONTSAME) Department for Peacekeeping operations of the UN made a decision on September 26 to appoint Brigadier General and head of the department of policy planning in the Ministry of Defense of Mongolia Mr D.Bayarsaikhan as the Regional commander for Northern International troops. He is to leave Mongolia October 19 to receive his office at the location.

President’s advisor meets founder of TI By B. Khuder Ulaanbaatar, October 15 (MONTSAME) An advisor to the President on human rights and legal policy Ch.Onorbayar Wednesday received Mr Peter Eigen, the founder of the Transparency International NGO.

Names of New Three Ministers Promoted to Speaker of Parliament of Mongolia October 15 (infomongolia.com) Today on October 15, 2014, Minister of the Cabinet Office of the Government of Mongolia, MP Ch.Saikhanbileg presented a draft bill on "Appointing New Members of the Cabinet, Dismissing Incumbent Ministers" to the Speaker of the State Great Khural (Parliament) Z.Enkhbold.

President of Mongolia Starts Official Visit to Austria October 15 (infomongolia.com) On October 14, 2014, the President of Mongolia Tsakhia ELBEGDORJ and accompanying delegation arrived in Vienna, the Republic of Austria for a two-day official visit.

DBM about Great Construction Works By B. Khuder Ulaanbaatar, October 14 (MONTSAME) The Development Bank of Mongolia (DBM) is financing 23 packages of projects costing MNT 2.5 trillion in the spheres of energy, construction, housing, auto roads, infrastructure and light industry.

Mongolia won 6 medals at the Junior and Youth Sambo World Championship October 14 (news.mn) Mongolia grabbed six medals at the 2014 Junior and Youth Sambo World Championship that was held in Seoul, South Korea.

Draft Amendments to Income Tax Law Submitted to Parliament By B. Amarsaikhan Ulaanbaatar, October 14 (MONTSAME) Draft amendments to the law on"Economic entity income tax" was presented Monday to the Speaker Z.Enkhbold by Ya.Sodbaatar, D.Sarangerel, N.Nomtoibayar and L.Enkh-Amgalan MPs.

International Conference to Invest in Five Western Aimags of Mongolia to Gather in Khovd Aimag October 13 (infomongolia.com) Under the auspices of the Prime Minister, International Conference on Investment in Western Region of Mongolia will take place in Khovd Aimag on October 22-24, 2014.

Concept of sport law approved By B. Khuder Ulaanbaatar, October 12 (MONTSAME) At its regular meeting on Saturday, the cabinet approved a concept of the law on physical education and sport, considering as necessity to alter its some clauses so as to keep a current success of our athletes and develop public sports.

UK National Health Services reps meet MPs By B. Amarsaikhan Ulaanbaatar, October 10 (MONTSAME) Member of parliament and chairman of Standing committee on social policy, education, culture and science D.Battsogt together with G.Uyanga and  S.Ganbaatar MPs received on October 9 a delegation headed by Claire Johnston, the director of Candem&Islington NHS Foundation Trust of the UK, on the occasion of the World Mental Health Day (October 10). 

In the latest effort by the Government of Mongolia (GoM) to increase foreign investment and accelerate economic activity, the  Great Khural, or Parliament, has adopted the Law of Mongolia on Petroleum.

ULAANBAATAR, MONGOLIA--(Marketwired - Oct. 7, 2014) -

With five aircraft, MIAT Mongolian Airlines is North Asia 's smallest flag carrier. Mongolia in recent years has gained attention for double digit economic growth, including having the world's fastest-growing economy in 2011.

SPI Solar subsidiary, Xinyu Xinwei New Energy Company, has signed an engineering, procurement and construction agreement with Inner Mongolia Jingzhaolai Energy Company for a 20MW solar project in Wulaichabu City.

Solar Power Inc. (SOPW) , a renewable-energy developer backed by China’s LDK Solar Co., has agreed to build a solar farm with 20 megawatts of capacity in Inner Mongolia .

Even as the first flock of Amur falcons from Mongolia have reached Pangti village in Wokha district of Nagaland to mark the advent of another migratory season, the scientific community is eagerly awaiting the arrival of ‘Naga’ and ‘Pangti’ — two Amur falcons which were satellite-tagged in Nagaland last year before the Amur falcons started their journey to South Principal Chief Conservator of Forests and head of Forest Force Nagaland, M. Lokeswara Rao told The Hindu that ‘Naga’ and ‘Pangti’ had been tracked in inner Mongolia on Wednesday and the two satellite tagged birds were expected to arrive in Nagaland anytime in October or early November.

Nestled between Russia and China, Mongolia is a geographically obscure country with the sparsest population density in the world.

With five aircraft, MIAT Mongolian Airlines is North Asia 's smallest flag carrier.

Former President of Mongolia, N.Enkhbayar Arrives in His Home Country October 10 (infomongolia.com) The Head of Mongolian People’s Revolutionary Party (MPRP) Nambar ENKHBAYAR, who is under treatment in South Korea has arrived in Ulaanbaatar last night on October 09, 2014.

Mongolia at ASEP Meeting By B. Khuder Ulaanbaatar, October 9 (MONTSAME) A parliamentarian R.Amarjargal has taken part in the 8th Asia-Europe Parliamentary Partnership (ASEP) Meeting which was held October 6-7 in Rome, Italy.

“Transparent Ulaanbaatar” adopts declaration By B. Amarsaikhan Ulaanbaatar, October 8 (MONTSAME) A "Transparent Ulaanbaatar" international anti-corruption forum adopted the "Ulaanbaatar Declaration on anti-corruption" on Tuesday here. 

DP faction receives report from PM By B. Khuder Ulaanbaatar, October 7 (MONTSAME) At its regular meeting on Monday, the parliamentary faction of the Democratic Party (DP) received a report from the Prime Minister on implementation of the 100-day programme on intensifying the national economy.

Mongolia and France to Celebrate 50th Anniversary of Diplomatic Ties in 2015 October 6 (infomongolia.com) At the regular Cabinet meeting held on October 04, 2014, it was approved members of organizational committee to celebrate the 50th anniversary of the establishment of diplomatic relations between Mongolia and the French Republic marking in 2015.

Ulaanbaatar Mayor meets with Mayor of Moscow October 3 (news.mn) The Governor of the Capital City and Mayor of Ulaanbaatar E.Bat-Uul met Mayor of Moscow Sergei Sobyanin.

Leaders of Mongolian Government Place Flowers to Zorig Memorial October 2 (infomongolia.com) On October 02, 2014, family members, friends and state representatives led by President Ts.Elbegdorj, Speaker of the Parliament Z.Enkhbold and Prime Minister N.Altankhuyag have placed flowers to the monument of S.Zorig.

Mayor of Ulaanbaatar Visits London to Broaden Cooperation October 1 (infomongolia.com) Governor of the Capital City and Mayor of Ulaanbaatar, Mr. Erdene BAT-UUL is conducting working visits to London and Moscow cities from September 24 to October 06, 2014.

Our President Invited to Turkmenistan By B. Amarsaikhan Ulaanbaatar, September 30 (MONTSAME) The Foreign Minister L.Bold met with his counterparts from Portugal and Turkmenistan on September 29 in New York.

Advisor to President Meets Reps of Czech Chamber of Commerce By B. Khuder Ulaanbaatar, September 28 (MONTSAME) An advisor to the President on living environment and green development policy L.Erkhembayar Friday received advisors of the Chamber of Commerce of the Czech Republic.

Oyu Tolgoi Board Meeting Approaches By B. Amarsaikhan Ulaanbaatar, September 26 (MONTSAME) Oyu Tolgoi feasibility study has been submitted by "Turquoise Hill Resources" Ltd. to the Board of directors of Oyu tolgoi company, the latter will discuss the study this October 2.

President Takes Floor at General Debate By B. Khuder Ulaanbaatar, September 25 (MONTSAME) The leader of Mongolia Mr Ts.Elbegdorj expressed his country’s position over some issues at the General debate of the 69th session of the United Nations General Assembly on Wednesday in the UN Headquarters, New York City.

President Runs Meetings during UNGA By B. Amarsaikhan Ulaanbaatar, September 24 (MONTSAME) The leader of Mongolia Ts.Elbegdorj held several bilateral meetings in New York city on September 23.