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28 borrowers owe Anod Bank MNT57 billion

Anod Bank had 40 major defaulting
creditors when MongolBank took over the job of running it. Most of these names
were, however, never made public, and only B.Narankhuu of Mon Uran and
Ts.Myanganbayar of Mongol Gazar were time and again mentioned as having

1,200 ‘smokeless’ taxis in Ulaanbaatar planned

Ulaanbaatar Taxi Trans plans
to introduce 1,200 new taxis in Ulaanbaatar in the coming months to reduce air pollution.
The first 400 cars are to hit the streets in December, the next 400 in January
and the last 400 in May and June.

North Asia gets ready for trial production in Oyut Ovoo

North Asia Resources Holdings has successfully
completed the mine design, dry processing equipment installation and the
initial blasting of approximately 20,000 tons of iron ore for immediate trial
production at a mine located in Oyut Ovoo, Dundgobi province. This major step
forward has been

Registration deadline extended by a month

The last date for the
new civil registration has extended by a month to November 1. This was found
necessary as only about half of the 2.7 million people have registered
themselves so far since the program began in July. The State Center

Sukhbaatar’s statue removed for repairs

Sukhbaatar Square will spend the winter without the
statue of the national hero who gives the place its name. It was been removed
for repairs on September 15 and will not be back before February. The pedestal
will also be rebuilt in granite.  

Kharkhorin archeologists hope to find palace ruins

President
Ts.Elbegdorj yesterday received members of the joint Mongolian-German  archeological  team working for the last two and half years
at  Kharkhorin, the ancient capital of
the Mongol Empire. He heard from them how the project has been using new
techniques and technology to take

Burning coal may be banned in larger areas next winter

The Mayor’s Office has ordered that four khoroos of
Bayangol district, five of Chingeltei, and three of Sukhbaatar will burn only
processed coal supplied by the National Air Quality Office. These are all areas
that emit the most smoke but the number of

Jobs for skilled professionals remain unfilled

The Labor Office says 22% of the registered unemployed
are highly educated while 68% have no professional training. This lack of
qualification is why many working places cannot be filled. Offices and
organizations do not have skilled professionals, health organizations look in
vain for

Businessmen vocal about having to pay bribes at every step

On Monday’s open debate on corruption in the private
sector was marked by a series of complaints from participating businessmen.

The owner of a sewing company said, “I have had to pay
bribes, small and big, for all the 17 years I

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