“Nongshim” Korean noodles have been banned in Mongolia because they are found to contain binzopiren which may cause tumors. The authority for Fair Competition and Consumer Protection (AFCCP) of Mongolia established three working groups to recall the noodles from the
The mother of Australian lawyer Sarah Armstrong, who has been prevented from leaving Mongolia, has made an emotional plea for her daughter”s safe return home.Yvonne Armstrong says Sarah, 32, has told her she could be involved in a corruption investigation
Walter Energy (NYSE:WLT) reports that its third quarter earnings will include a goodwill impairment charge of up to $1.1 billion, resulting from modifications in the world outlook for met coal, along with sluggishness of late in global demand.Peabody Energy Corporation
Coal miner Peabody Energy (BTU.N: Quote), eager to tap Mongolia”s massive coal resources, said on Friday it expects to resume talks with the government in early 2013 over acquiring a stake in the undeveloped western block of the Tavan Tolgoi
A new report from IFC and the World Bank finds that Mongolia is the top improver for the year for ease of doing business in East Asia and the Pacific Region and among the global 10 reformers in improving business
The smoking ban legislation passed by parliament on 24th October will be implemented from 1st March 2013. Officials say the new ban against smoking and smokers will be tightened by this date.MPs G.Uyanga, L.Erdenechimeg and N.Udval and the Minister for
The parliament discussed a draft law to make amendments in a law about concession contracts and passed it with 59.6 percent of MPs votes during a regular meeting on 25th October. MPs suggested that the draft law should be submitted
The opening ceremony for the “Great Chinggis Khan” exhibition was held at the Mongolian State History museum on 25th October. Prime Minister N.Altanhuyag commented that “the whole world had been called by the Great Chinggis Khan and were talking about
The Parliament finally discussed a decree on whether or not to agree to issue a government bond. The 5 Billion US dollar bond was approved by 76.9 percent of members of parliament with 42 of 52 MPs approving the bond.
