The Ulaanbaatar High Court has ruled that the sentencing
of former State-Secretary of the Ministry of Industry and Trade, D.Surenkhor,
for embezzling state money was correct and has dismissed his appeal against it.

Surenkhor was accused of misuse of office and causing the

The Ulaanbaatar High Court has rejected the appeal of Ts.Jargalsaikhan,
former advisor of the Foreign Relationship Department in the Parliament Office,
against his sentence.  The Chingeltei
district Court sentenced Jargalsaikhan to 17 years’ rigorous imprisonment for
treason and passing state secrets to China. His

After Energy
Resources or Mongolian Mining Corporation (MMC) successfully traded its shares
at an international stock exchange, questions have resurfaced if ordinary
Mongolians can ever hold shares in companies that work here. D.Achit-Erdene, President
of the Mongolian International Capital Corporation (MICC), answers our
journalist’s questions

The
Small and Middle Enterprise Board (SMEB) has just finished a review of the loan
program in 21 aimags and Ulaanbaatar city. The review covered 365 economic
entities which got a loan last year and 612 this year.
Repayment was 97% in the

The World Bank’s Quarterly Economic Update says Mongolia has staged
an impressive recovery from the steep recession of late 2008 and early 2009.
Moreover, the economic recovery is becoming broad-based. Strong demand for
copper and coal from China are fuelling the recovery, and

MP S.
Byambatsogt has urged the Government to “show its iron face” and make it clear
to “arrogant mining investors” that their interests will not dictate State
policy. He was expressing his support for Speaker D. Demberel who had referred
to foreign invested companies

MobiFinance has
introduced its Most Money mobile monetary service to MobiCom customers, based
on the most recent technology. This allows subscribers to open an online
monetary account which can be used for transactions like transferring money
among themselves, recharging their own and others’ mobile

Joseph
King Jun-chih, 43 and an accounting graduate from the State University of New
York, and a friend founded North Asia Resources, which was acquired by Green
Global Resources in July last year. Green Global, which used to be an
agricultural and information technology

A two-day international symposium on
the 1913 Treaty between Mongolia and Tibet was held in Ulaanbaatar on October 13
– 14. The event was organized by the editorial board of Independence, the
journal of the National Intelligence Academy of Mongolia, and was attended

Submitting his report on the harvest to Prime Minister S.Batbold
yesterday, Minister of Food, Agriculture and Light Industry T.Badamjunai production
of wheat this year reached 130,000 tons. It was 75,000 tons in 2005. It should
be enough to meet the entire domestic demand,