Delegates from the Republic of Buryatia, led by the Vice Chairman of the Government of the Republic of Buryatia Noskov Peter Lukich, made an official visit to Mongolia between November 7th and 8th, 2013. During the visit  collaboration agreements on

Oil explorer Petro Matad (LON:MATD) has acquired over half of the 200 kilometres (km) of 2D seismic earmarked for its licences on Blocks IV and V in Mongolia.The seismic programme is designed to provide detailed coverage over two prospect areas

A committee meeting for the “Ulaanbaatar Railway” Mongolia-Russian Joint Venture was held on Wednesday November 6th in Ulaanbaatar City behind closed doors. At the Committee meeting issues surrounding the appointment of a director and railway renovation were thought to be

The Mongolian Government’s new legislation that clearly signals the country is open for foreign investment will benefit companies like Aspire Mining with its Ovoot coking coal project     Aspire Mining (ASX: AKM) will gain a filip from the Mongolian Government’s

On November 1st, the Governor of the Capital City and Mayor of Ulaanbaatar, E.Bat-Uul, issued an order to conduct a public discussion on the city budget under theme of “Public involvement in the budget 2014”.According to the order the public

A man has been arrested at the Zamiin-Uud border as a suspect for drug smuggling. The Drug Enforcement agents of the Criminal Police Department”s Organized Crime Division and the State Investigation Department have initiated an investigation into the suspect who

On the invitation of Minister of Defense D.Bat-Erdene, the Hungarian Minister of Defense Csaba Hende and his spouse Monica Sailia begin an official visit to Mongolia accompanied by officials today, November 6th, 2013. During the three day visit Minister D.Bat-Edene

In its newly released semi-annual Mongolia Economic Update, the World Bank said that the persistent large balance of payments imbalance is a key challenge to the Mongolian economy. The World Bank underscored that the current fiscal and monetary policies should

Representatives of the Securities and Future Commission of Hong Kong (SFCHK) visited Mongolia and signed the Memorandum of Understanding (MoU) with the Financial Regulatory Commission of Mongolia on mutual cooperation and information exchange. Hong Kong delegation was headed by Mr.

The families of the victims of political persecution who were expected to be executed during the height of political persecution in Mongolia from 1937-1939 held a press conference in Ulaanbaatar on November 4th, 2013. The people who represent the families