For 35.7 percent of the respondents to the Sant Maral Foundation October 2010 survey,
unemployment is the major problem in Mongolia today, while 18.3 percent give that place
to standard of living/poverty/income, 9.5 percent to price increase, and 4.2
percent to corruption. At

Unhappy and frustrated by Parliament’s failure to act in
three months on its request to dismiss the Anti-Corruption Authority Chief
Ch.Sangaragchaa and his deputy, D.Sunduisuren, the State Prosecutors’ General
Office (SPGO) on Friday took the extraordinary step to proclaim both officials
as “suspects in

Per capita income for Mongolians is expected to rise
to USD5,000 within the next two years and to a staggering USD12,000 by 2015. To
put that into perspective, that”s about what the average Shanghainese earns
now. However, the increase per capita income will

During his visit to Finland, President Ts. Elbegdorj asked
for help in revitalising the country’s waning reindeer herding livelihood.
Reindeer have been raised in Mongolia for about 3,000 years, but their numbers
have dwindled to just over 1,000 animals. During a meeting with

The Mayor has ordered
all 174 fuel distribution centers in Ulaanbaatar to store petroleum products in
containers that follow security standards. Four such centers flouting norms
have been asked to suspend operation until they bring storage facilities up to
the desired and legal standard.

Exploration
company Hunnu Coal is looking to raise up to AUD40 million to accelerate its
Mongolian coking and thermal coal projects, through placing 50 million shares
to institutional and sophisticated investors. The placement would be issued in
two tranches, with the first 24 million

The
Nature and Environment Ministry would like to enforce environment-protection
measures right from the beginning of the mining expansion, Environment Minister
L.Gansukh has told
The Mongolian Mining Journal. All companies “will be graded and those
not making the mark will face action, maybe even suspension

Speaking at the ceremony to
observe the 20th anniversary of Mongolia’s adoption of parliamentary
democracy, President Ts. Elbegdorj expressed his appreciation of the work done
by all who followed the vital mandate to build democratic, open legal
relations, to strengthen and consolidate the country’s

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