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

Parliament discussed the appointments of ambassadors from Mongolia to foreign countries and  approved every candidate by vote during today`s plenary session meeting. For Instance, O.Dambiinaym, a candidate for Ambassador extraordinary and plenipotentiary from Mongolia to Afghanistan was appointed by 89.6

An Australian documentary-maker says his film about Mongolia”s hip-hop culture is part of a growing interest in musical culture from outside the mainstream.Benj Binks” movie Mongolian Bling is doing the international festival circuit now, opening in Jakarta on Friday.He”s told

Mongolian corruption level has declined according to a study by the International Anti-Corruption Agency Transparency International in 2012. President Elbegdorj Tsakhia said that Mongolia was ranked as the economy with the most growth in 2011. Mongolia is now ranked as

This year is the 20 year anniversary of Songinokhairkhan district. In October 1992, Songinokhairkhan district was restructured within the region according to a new system of law under the Mongolian Administrative and Territorial units and their Governance. The Residents` Representative

Mongolia”s economic boom has been built on the vast coal reserves that lie under its seemingly endless steppes, but it is turning to wind to power itself and fight the pollution that chokes Ulan Bator.The Mongolian capital is ranked the

Professor L.Jambaljav and doctor of the liver clinic in the National Research Center for Infectious Diseases, M.Tunsag, made a statement about the former President, the head of MPRP, N.Enkhbayar`s current health condition on Thursday. The doctors reported that N.Enkhbayar`s life