Former president, Nambar Enkhbayar, the head of the Mongolian People`s Revolutionary Party (MPRP) left for South Korea for treatment on Tuesday August 13th. The former president, who has been in custody on charges of corruption, asked permission to go abroad
A serious accident occurred around 7:00 am near the Sky Resort ski centre today, August 13th. The Zamiin Uud-Ulaanbaatar train collided with a Kamaz vehicle on the rail road crossing. Two engineers, a courier and the Kamaz vehicle driver were
A new airport has been planned to be located in Khusigt valley as a result of the long expectation extension of Chinggis Khaan International Airport in Ulaanbaatar City. The Minister of Road and Transportation, A.Gansukh, announced that the construction is
Coal miner SouthGobi Resources Ltd reported a second-quarter loss and withdrew its full-year forecast for semi-soft coking coal, citing weak demand in China.SouthGobi shares fell as much as 5 percent to C$1.14 on the Toronto Stock Exchange on Monday.The withdrawal
Mongolia wants the planned $5.1 billion expansion at Rio Tinto Group’s Oyu Tolgoi mine to be financed from cash flow until a dispute over the cost of the biggest foreign investment in the nation is resolved. Cost overruns at the
The Ministry of Labor and Social Welfare announced previously the nationwide re-set of the minimum labor wage. It was decided in April that the national minimum wage would be set to 190,000 MNT with an increase of 36.7 percent by
ARTIST’S STATEMENTAlthough I’ll paint any subject that captures my fancy, my favorite subject is the natural world, especially animals. I work in a traditional oil technique, always striving for a personal, painterly expression. Fieldwork to see my subjects in their
The Belarusian Chamber of Commerce and Industry has organized a business excursion to Mongolia between 4th and 8th September as announced by the Belarusian National News Agency.The program for the visit includes the first Belarusian-Mongolian business forum and a business
The financial report on the June 2013 Presidential Election has been released to the public by the General Election Committee. In accordance with Presidential Law the parties must audit and submit their financial reports on their incoming and outgoing finances.According
President Ts.Elbegdorj met with the Speaker of Parliament Z.Enkhbold and Prime Minister N.Altankhuyag today to discuss the current economic, financial and investment situation in Mongolia. It was decided by Elbegdorj that it should be possible to call an irregular session
