Coal export reached 18.8 million tons in the third quarter. Mongolia exported 18.4 million tons of coal in the third quarter last year.  This year there has been 151 billion 820 million MNT income from coal export which was stockpiled

The superstition surrounding the doomsday prediction that there will be neither sunrise nor even a moon in the sky and that the earth will be lost in darkness on December 21st 2012 goes deeper than we think.  Due to this

The Executive Board of MPRP,  one of the parties in the MPRP-MNDP Justice coalition, made a decision to withdraw from the coalition Government a week ago. Over the past few days the Deputy head of the Mongolian People`s Revolutionary Party

The Mongol Bank and Ministry of Mining have issued a soft loan to fuel import companies with the purpose to maintain a steady fuel price.  The latest importer to be granted 14.6 billion MNT loan with 3.8 percent interest by

The final trial to review the primary appeal court sentence for the former president, the head of MPRP N. Enkhbayar, and three other abettors Do.Chuluunbaatar, J.Myagmarjargal and D.Dulamsuren was held in the Supreme Court last Friday. During the trial the

While the Mongolian economy has experienced continued growth, this has not benefited the country’s poor, a United Nations independent expert warned Friday, urging the Government to adopt poverty reduction strategies based on human rights approaches.“While some parts of the country

The EBRD is arranging a senior US$ 46 million loan to Mongolia’s XacBank, the fourth largest bank and a leading small business lender in the country.This will be the first syndicated financing facility for the EBRD in Mongolia’s financial sector

On the streets of Ulan Bator a people renowned for their horse riding skills have to contend every day with ever more Hummers, Land Cruisers and Range Rovers.Mongolia”s vast open steppes and deserts stretch for hundreds upon hundreds of kilometres

In October, Mongolian herdsmen took a complaint to the Compliance Advisor/Ombudsman, the International Finance Corporation”s (IFC) accountability mechanism, against the Oyu Tolgoi mine being considered for World Bank support. Herders forced to resettle because of the project have experienced extensive

Asia-Pacific dollar-denominated note sales rose to a seven-week high as issuers marketed debt ahead of year-end holidays. Bond risk fell.Mongolia and China Development Bank Corp. led $5.25 billion of offerings, almost three times the previous week and the most since