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French minister visits L’Oksitan store

Visiting French
Minister of State for Foreign Trade Anne-Marie Idrac took time off her busy
schedule to drop in at the recently opened store of the French cosmetic brand
L’Oksitan in Central Tower. She talked to the management about their expansion plans.
The Tavan

Chinggis Hotel joins international hotels group

Chinggis Khaan Hotel has joined
Summit Hotels & Resorts, a brand of Preferred Hotel Group. Mr. Mark Simmons,
Area Managing Director- Asia of Preferred Hotel Group, has said, “Ulaanbaatar
is a unique destination with thriving industries that attract the international
corporate travel sector and

13 companies take part in Boroo Gold’s mine safety contest

A total of 13 teams participated in
the recent annual mining safety competition
organized by Boroo Gold LLC in its mine site. Called Rescuer, the
competition has been held every year since 2006, with the aim of testing and updating the skills
and competence

How one company builds roads with community participation

Selenge-Zuunkharaa, a road
construction company, has been in the news for building hard roads for MNT80
million per kilometer, while the usual market rate is MNT700. Its head, Ch.
Batsaikhan, says they have built more than 13 km of such road in the

Mongolia is resource-rich, but its people remain poor

Mongolia, one of the poorest
countries in Asia, is in the sights of foreign investors looking to cash in on
the landlocked country”s bounty of natural resources, including vast untapped
mineral deposits. Luxury brands including Louis Vuitton and Burberry have
opened boutiques on Ulaanbaatar”s

Business environment stable but not favorable

The Open Society Forum yesterday announced the results of
this year’s survey of economic freedom and the business environment in
Mongolia, an annual exercise it has undertaken since 2005. P.Enkhjargal,
Executive Director of the Open Society, led the discussion, and Ch.Narantuya,
N.Bolor and B.Tuvshintugs,

Jackie Chan blogs about Mongolia visit

“Upon arriving in the Chinggis Khaan Airport, I was
greeted by so many people, children and adults alike,” writes Jackie Chan in
his blog about his charity trip To Mongolia. “I was excited to be here for
the first time – especially for

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