The Mineral Resources Authority has revealed that around 50 organizations currently exploit coal in 36 mines. Two of these are state owned, three are owned by province administrations, and the remaining 45 are private companies. According to the Authority, Mongolia

The Foreign Investment and Foreign Trade Agency (FIFTA) is organizing a Mongolia-Ukraine business forum on May 23 in Ulaanbaatar. It will focus on three sectors: food and agriculture, machinery, and construction and production of building material. FIFTA will hold a

A discussion on the DP’s Mongol Citizen 2020 program was organized in Sukhbaatar district last Friday. The Chief of the President’s Office, D.Battulga, the Chief of the DP in Ulaanbaatar, Sh.Tuvdendorj, and officials and citizens of the district attended the

A Mongolian team headed by Minister for Finance S.Bayartsogt returned home yesterday after taking part in the 44th Annual Meeting of the Board of Governors of the Asian Development Bank in Hanoi between May 3 and 6. The Minister held

Speaker D.Demberel on Friday received a delegation headed by the Governor of the People’s Bank of China, Zhou Xiaochuan. The Chief of the Standing Committee on the Budget, D.Khayankhyarvaa, Advisor to the Speaker D.Davaasambuu, President of the Mongol Bank L.Purevdorj

When last reports were received, B.Munguntuul, with 4 points after 4 matches, was leading in the 10th Asian Chess Individual Championship being held in Mashhad, Iran between May 2 and 10, where 29 women and 50 men chess players are

The Chief of the Standing Committee on State Structure, J.Sukhbaatar, on Friday sent several queries to Prime Minister S.Batbold about road construction and repairs in Ulaanbaatar, repairs and widening of the road between Ulaanbaatar and Darkhan, and about construction of

The President of the Mongol Bank, L.Purevdorj, and the Governor of the People’s Bank of China, Zhou Xiaochuan, on Friday morning signed a swap agreement on exchanging national currencies between the two central banks. The deal is for $770 million

Petroleum importers increased fuel prices by MNT80 per liter from May 1 but the Ministry of Mineral Resources and Energy did not support this as Russia had said its restrictions on petroleum export would not apply to Mongolia and as

Deputy Prime Minister N.Altankhuyag was in Uvurkhangai aimag last week to see how SMEs that have taken Government loans were doing. He visited Arvain Devshil brick factory, which produces 2 million bricks daily and now meets the entire needs of