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Markets will not open on election day

The Local Administrative election will be held on 21st November. The Governor of the Capital City and Mayor of Ulaanbaatar, Erdene Bat-Uul, has announced some measures for the voting day to allow the coming local election to run normally. The

Detained lawyer put through further questioning

Australian lawyer Sarah Armstrong endured a fourth round of questioning today in Mongolia, nearly a month after being detained in the country.Ms Armstrong is the chief legal counsel for South Gobi Resources, majority owned by Rio Tinto, and has been

Development Bank bond to be named after Chinggis khan

Development Bank of Mongolia is to issue a bond guaranteed by the Government soon. The Development Bank, which first experienced a 580 million US dollar bond in the market earlier this year, is planning to issue the second bond. The

Mongolian man dies in South Korea

A 28 years old Mongolian man died on a fishing vessel 17 km away from Dokjin, Incheon in South Korea on 14th November. Reports say that the Mongolian man was working with three other fishermen on the vessel. He was

Newly appointed Deputy CEO of the Development Bank

Former vice president of Khadgalamj Bank, S.Sandagdorj is appointed as the first Deputy CEO of the Development Bank of Mongolia. This post, the first CEO of the Development Bank has been vacant since last July. The Managing Board of the

Action plan to develop Ulaanbaatar city approved

A special meeting for the Capital City Citizens” Representative”s Khural was held with 80 percent attendance on 15th November. During the meeting the Governor of the Capital City and Mayor of Ulaanbaatar, Erdene Bat-Uul, introduced the action plan for 2013-2016.

“Mongolian-Laotian Friendship” hospital expansion opened

An opening ceremony for Mongolian-Laotian Friendship hospital expansion held in Friendship Hospital in Phonsavahn, Xieng Khouang Province in the Lao People”s Democratic Republic on 9th November. At the ceremony the Ambassador Extraordinary and Plenipotentiary of Mongolia to the Lao People”s

Prophecy Appoints Country Adviser

Prophecy Coal Corp. is pleased to announce the appointment of Bailiikhuu Dambachultem as Country Adviser, Damdindjav Davaajav as a Project Manager and Bekzod Kasimov as Business Development Manager.Bailiikhuu Dambachultem – Country AdviserMr. Bailiikhuu has over 29 years of privatization and

Zaluu.com website sued

The Authority for Fair Competition and Consumer Protection and the Intellectual Property Office of Mongolia has stopped the activities of web sites which use intellectual property illegally. Accordingly www.zaluu.com and other illegal websites which posted productions from local newspapers and

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