Young Managers College is holding a “Business Update 2011” forum at the Chinggis Hotel on December 4. It is the second annual edition of the forum.This year’s forum is expected to attract attendees from abroad. Current business trends will be

Air Music Center is organizing a traditional music festival called “Virtuoso 2011” at the State Academic Theatre of Opera and Ballet on November 29. About 20 highly regarded musicians and singers will take part in the festival. The performers include

Guildford Coal, the Australian company implementing the South Gobi Project in Umnugobi aimag, has confirmed an initial JORC Resource of 63.1 million tons of coal with coking potential at the site.The maiden resource comprises 38.2 million tons in the Indicated

Honored economist N.Dashzeveg and Mongol Institute teacher K.Aksoltan are opposing Parliament’s proposal to change the way shares of Erdenes Tavantolgoi are allocated. They announced their opposition at a press conference on Thursday.According to the 39th protocol of Parliament, ten percent

At the Government meeting last Wednesday, members decided to increase the health insurance deduction in 2012, and passed a protocol that will be enforced from January 1, 2012. Organizations and workers will pay four percent of monthly salary. According to

Ulaanbaatar Deputy Mayor B.Baatarzorig received Irkutsk Oblast Deputy Governor S.V.Serebrenikov on Thursday. B.Baatarzorig noted that Irkutsk Oblast has a special place in traditional relations and cooperation between Mongolia and Russia, and Ulaanbaatar and Irkutsk city have been sister cities since

When World Bank senior economist Rogier van den Brink spoke with our correspondent in September, he warned that, despite robust growth, the Mongolian economy still faced risks. He recently spoke with our correspondent again, after his arrival in Mongolia for

A conference for workers in the trade sector began in the Government House on Thursday, with more than 800 delegates from aimags and Ulaanbaatar taking part. They are discussing problems facing the trade sector, possible solutions, and future goals. Delegates

The Government is discussing power supply issues at the Oyutolgoi deposit mine, where plans to build a new power plant still await the Government’s approval.According to the Oyutolgoi investment agreement, power is to be imported from China until the new

On Thursday, acting on the president’s nominations, Parliament officially appointed Colonel N.Ganbold, a former emissary from Mongolia to Russia, to be the new Anti-Corruption Authority (ACA) chief, and B.Khurts, the Administration Chief at the National Security Council, to be ACA