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Remediation in damaged areas to be considered

In 2013 one task of the Mineral sector of Mongolia involves remediation of damaged places due to mining operations. The remediation is expected to begin soon. Mining companies will be in charge of remediation for the damaged areas. The Government

5 former bank directors sentenced

A trial for the directors of Anod bank and the Central Bank of Mongolia was held for 4 days at Bayanzurkh district court between January 7th and January 10th. The Economic Crime Investigation Department of the State Investigation Office investigated

Former president is likely to serve jail term in hospital

Former president, head of MPRP, N.Enkhbayar is in the hospital of detention center 401 in Zaisan for treatment. A team of doctors appointed by the Ministry for Health insist he should be taken to the State Second Hospital but the

Mongolia Moves up in WorldBank Ease of Doing Business Ranking

Mongolia is continuing its positive run in world indices and rankings with the release of the WorldBank’s “Ease of Doing Business” ranking, moving from 88 to 76.This comes on the heels of an Economist prediction that Mongolia’s economy will have

Executive director of Ulaanbaatar Railway dismissed

The State Property Committee (SPC) have decided to dismiss M.Enkhsaikhan, the Executive Director of the Ulaanbaatar Railway Mongolian-Russian Joint Stock Venture (UBTZ). The Ministry of Industry and Agriculture made a proposal to invest 330 million MNT from bonds left to

No filming allowed at internet regulation discussion

The Government of Mongolia made a decision to establish a system regulating internet comments during Saturday`s cabinet meeting. The regulation is designed to register internet users before they leave a comment on news websites. In short it means the State

Calf deaths not related to uranium

In Sainshand in Dornogovi aimag 12 calves belonging to a herder died mysteriously last December. The residents` community on environment claim that the incidents might be related to levels of uranium. The Nuclear Energy Agency disqualified the announcement as baseless.

Statue of Lenin evaluated at 55 million MNT

The long lasting statue of Lenin was removed in accordance with an order by the City`s Residents` Representative Khural last October. The Governor of the Capital City and Major of Ulaanbaatar, E.Bat-Uul said at this time  “the Statue of V.I.Lenin

Erdenes TT requests 200 million US dollar bailout

The Standing Committee on Economy’s meeting in parliament on Wednesday heard about the implementation of the 39th decree on the development of Tavan Tolgoi coal deposit that passed through parliament in 2010.The operations of Erdenes Tavan Tolgoi LLC have come

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