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Asian Buddhist Peace Conference to take place in Ulaanbaatar

The Gandantegchinlen Monastery is preparing to host Asian Buddhist Peace Conference on 21 June. A total of 500 delegates from 30 countries are expected to visit Mongolia for the conference. The event will take place at the newly constructed Battsagaan

Father of July 1 victim refuses to take compensation

Minister for Internal Affairs Ts.Nyamdorj has said families of all the casualties of the July 1 incident has taken the compensation offered by the Government. However, the father of E.Dorjsuren, one of the five who died that night, has not

S.Batbold: Tavantolgoi mine will be fully owned by state

Prime Minister S.Batbold yesterday met with the working group on Tavantolgoi, set up by Parliament to prepare general procedures for exploiting the mine. The group consists of representatives from the Ministries for Mineral and Energy, Finance, Nature, Environment and Tourism,

China’s CNNC to buy Khan Resources

Canada”s Khan Resources Inc has agreed to be bought by Beijing-based CNNC Overseas Uranium Holding Ltd in a deal that values the uranium explorer at USD52.9 million and gives the Chinese firm access to the Dornod field in Mongolia. Khan

Elbegdorj presents award to Prince Andrew

President Ts. Elbegdorj presented the Golden Gerege award to Prince Andrew for his contribution toward publicizing Mongolia. The presentation of the award, whose recipients were named last month, was made on the sidelines of the World Economic Forum in Davos

Investors look forward to next week’s economic forum

The Mongolia Economic Forum to be held on February 8 and 9 in Ulaanbaatar under the auspices of the Prime Minister, is being eagerly  awaited by both domestic and international investors.
The North America-Mongolia Business Council Chairman Ed Story has said,

IMF lauds progress, stresses continued need for fiscal discipline

After its third quarterly review of Mongolia”s economic performance under the 18-month Stand-By Arrangement (SBA), the IMF emphasized the good progress on the macroeconomic stabilization made thus far and the positive economic growth outlook for 2010, driven by the spillover

132 school children ill with food poisoning

Altogether 132 students of the Russian School-3 were sent to hospital after the first symptoms of food poisoning were detected on January 28.  Seven of the sick children were treated in the intensive care unit. Two are still there while