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CTU informs to organize demonstration

On Monday, Confederation of Trade Unions S.Ganbaatar informed journalists that CTU to organize protest demonstration in the state on Friday. He stated that trade unions have demanded a meeting of the trilateral national committee of the Labor Social Agreement on

Report: Mongolia issues Tavantolgoi IPO at HKSE

Reuters agency publishes an article about coal IPO of Tavantolgoi deposit mine of Mongolia — the world’s largest untapped coking deposit which could have offering price of up to US$5-billion.Bankers from a dozen Wall Street, European and Asia-Pacific investment banks

Meat price falls

Ulaanbaatar budget has allocated MNT6.8 billion to reserved meat preparation and Mayor G.Munkhbayar has checked reserved meat quality last week. The capital residents say reserved meat sell influences to fall meat price. About 12,000 tons of meat from 22 companies

Inflation increases by 10.2 percent

According to data of National Statistics Committee (NSC), inflation in December, 2011 has raised by two percent in comparison of November, 2011, and by 10.2 percent of December, 2010.Inflation increase has been depended on foods and water price increase by

“Mongolia Open 2012” finishes

Mongolian Free style wrestling Union and “Genco” wrestling club organized “Mongolian Open 2012” competition in Ulaanbaatar on January 14 and 15. Altogether 186 athletes — 117 men and 69 women — of free style wrestling from 15 countries competed at

Delegates discuss mining sector development issues

The Ministry of Nature, Environment and Tourism organized a forum on responsible development in mining sector at the Government House over the weekend. Ministers, officials, 400 preservationists from the countryside, managing officials from some 100 soums that have ecological problems,

Petroleum importers discuss gasoline price

Petroleum importers have increased gasoline price along tugrik’s rate falling against U.S. dollar ten days ago. Therefore, the Government has asked Authority for Fair Competition and Consumers (AFCC) to check gasoline price raise basis last week. It has discussed AFCC

President keynotes some issues

President Ts.Elbegdorj received the Prime Minister S.Batbold on January 13 and shared views on present situation of economics and society in Mongolia. Ts.Elbegdorj stated that the President and Prime Minister should have united position in appointment of ministers along the

Petroleum importers face fines of MNT20 billion

According to a special meeting decision of the Government on January 13, petroleum importer organizations to be charged due to gasoline increase without basis. Petroleum importers have had a plot to increase petroleum products price and consumer goods and service

Foreign affairs ministers discuss cooperation issues

Foreign Affairs Ministers of Mongolia G.Zandanshatar and his Chinese counterpart Yang Jiechi held official talks in Beijing on January 12.The ministers discussed issues to deepen strategic partnership relations between Mongolia and China, develop cooperation in the sectors of politics, economics,

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