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.The new business centre is designed to strengthen economic cooperation

Statistics of the social and economic situation of Mongolia have been release for the first half of 2013 by the National Statistical Office of Mongolia. The report measures social, macroeconomic and economic indicators, providing figures on birth rate, youth mortality

While copper shipments have now started, the long-running dispute between the Mongolian government and Rio Tinto (LON:RIO) over the massive Oyu Tolgoi copper-gold mine continues to drag on.Mongolia owns 34% of Oyu Tolgoi located in the South Gobi desert and

The Dutch Government is reviewing double taxation treaties with developing coun­tries to determine if they are unfair and should be renegotiated, State Secretary of Finance Minister Frans Weekers said.The decision to examine the treaties, some of which date back to

The former Director General of Erdenet Mining Corporation, Ch,Ganzorig, was arrested just after the Naadam celebrations. No comment has been given to explain his arrest. But there is speculation that the arrest may have something to do with loans to

The Anti Corruption Authority (ACA) raided the home of former president Nambar Enkhbayar on Wednesday July 17th. The reason behind this action is uncertain. According to supporters of the Mongolian People`s Revolutionary Party (MPRP) who witnessed the action reported that

Turquoise Hill Netherlands is a little-known Amsterdam-based company with three employees, no office, and not even its own mailbox. To the government of Mongolia, though, the company represents billions in taxes that it will never see.Turquoise Hill was created in

National security and foreign policy advisor to the President of Mongolia, Lundeg Purevsuren, and his party visited the Kumsusan Palace of the Sun to pay tribute to the great Generalissimos Kim Il Sung and Kim Jong Il on Tuesday.They paid

The National Research Center for Infectious Disease reported that the 144th person in Mongolia has been diagnosed with HIV/AIDS. A man was diagnosed with HIV/AIDS after he had tests at the National Research Center for Infectious Disease on July 9th. 

The Mongolian team currently holds a total of 25 medals including three gold, six silver and 16 bronze medals from the World University Games – 27th Summer Universiade which is being held in Kazan Russia. The Mongolian team is ranked