The Ministry of Nature, Environment and Tourism and the National Center for Tourism jointly organized the “Mongolia ITF 2011” exhibit at Misheel Expo on December 2 and 3. Business representatives from Russia, China, England, South Korea, and Spain, as well

Leading sports officials, trainers, and other officials took part in a discussion about preparations for the 2012 London Olympic Games on Monday. The discussion took place at the Chinggis Hotel.Health Minister S.Lambaa, Science Academy President B.Enkhtuvshin, Physical Culture and Sport

The Australian company Modun Resources, formerly known as TVN Corporation, says preliminary exploration has revealed a coal reserve of 489 million tons at the Nuurst project in Tuv aimag. The company’s exploration license for the project covers 34.5 square km,

President Ts.Elbegdorj left for Kuwait on Monday for an official visit that will last from December 5 to 9. Then, from December 10 to 13, the president will visit Qatar, where he will take part in a United Nations forum

Banker magazine has named Golomt Bank the best bank in Mongolia for 2011. The magazine also named Golomt the best bank in 2010.Earlier this year, Euromoney magazine named Golomt a leading bank in Mongolia.In naming Golomt the best bank, Banker

The Development Bank (DB) has announced that it will issue USD 600 million in bonds on the Singapore Stock Exchange in 2012. The bonds will be issued with the assistance of global financial giants ING, Deutsche Bank, and HSBC. Prime

Delegates attending the “Partnership for Development” forum in the Government House on December 3 said they opposed the salary increases for state workers included in the recently passed 2012 budget.The Government organized the forum to discuss ways to improve business

The Government held a forum called “Partnership for Development” in the Government House on December 3. Prime Minister S.Batbold opened the forum and said it was intended to bring together the state, the private sector, and scholars to discuss ways

Prime Minister S.Batbold has received representatives of Niisleliin Nutgiin Zuvlul, an NGO that promotes the use of natural gas as a way to reduce pollution in Ulaanbaatar.Representatives of the NGO gave the president a petition signed by 10,000 residents of

The South Korean government will loan Mongolia USD 300 million for health and air pollution reduction projects. The agreement was signed on December 2 by Mongolian Finance Minister S.Bayartsogt and South Korean Ambassador Jon Il.The money will be loaned by