South Korea has extended the job tenure of Employment Permit
System (EPS) workers to 10 years and eight months. The South Korean Ministry of
Labour had proposed to extend the job tenure of EPS workers in February. Currently,
EPS workers can work for

Mongolia is entered as an observer to the Euro-Asian group to
combat against money laundering and terrorist financing, informed the Ministry
of Foreign Affairs.

Mongolia joined to
the International convention against money laundering and terrorist financing and
the Mongolian parliament approved a Law Against money

Mongolia’s long-awaited draft securities law aims to
modernize the Mongolian Stock Exchange (MSE). Investors anticipate the proposed
changes to be announced ahead of the landmark Erdenes Tavantolgoi (ETT) initial
public offering.

The securities law has been drafted in collaboration with
the MSE’s strategic partner, the

CLSA
Asia-Pacific Markets will now offer institutional investors (including US
domiciled investors) access to onshore Mongolian equities traded on the
Mongolian Stock Exchange (MSE).

CLSA will
offer cash equity trading in Mongolia via an introducing broker (IB) agreement
with BDSec Joint Stock Company (BDSec).

BDSec is
the

BALLYCLARE-based diagnostics company Linnodee has added a customer from
Mongolia to its growing list of export destinations.

The company, which specialises in the development of diagnostic tests for
infectious diseases, primarily in the livestock sector, received the order last
week from a veterinarian in

Aspire Mining has cemented its Ovoot Coking Coal Project as one of Mongolia’s
largest coking coal reserves with the delivery of a maiden 178 million tonne
open pit coal Reserve.

The project is rapidly taking on Tier 1 class dimensions.

The two largest coking

Mongolians who lives and studies abroad to vote for the
election this year first time, according the Election law, adopted last year by
the parliament.

To vote Mongolians have register to the Mongolian Embassy and
Consulate in country where Mongolians live. The registration

Ts.Anandbazar, a candidate of MPP in Dornogovi and
Govisumber constituency was detained by the Anti-Corruption agency on Friday (on
May 25) over corruption case. His nomination as candidate for the June 28
election was approved on Thursday (on May 24) evening. Ts.Anandbazar is

The basketball show of Mongolian
sumo wrestlers, who competing in Japan, and Mongolian national wrestler finished
with national wrestler’s victory by 34:19.

The game between the national
wrestler team leaded by champion G.Usukhbayar and sumo wrestler leaded by
Khakukho M.Davaajargal make a happy crowded wrestler’s

The government of Mongolia started to distribute MNT 330.000
for elders and disabled people since last Thursday. The government of Mongolia
decided last January MNT 1,000.000 for elders and disabled people as share from
Human Development Fund. Some economists warned if distribute such