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MCS awards toll collection system contract to Canadian firm

International Road Dynamics
Inc. of Saskatchewan has been awarded a new contract in Mongolia by MCS
Electronics valued at CAD769,000. The project involves the
supply and installation of IRD”s weigh-in-motion and toll collection systems
along the Tavantolgoi – Gashuun Sukhait toll road, a crucial

Minimum wages likely to be raised

An
official of the Ministry of Social Welfare and Labor has indicated that minimum
wages will be raised from the present MNT108,000. Parliament is likely to take
a decision to make this effective from the beginning of 2011. Different sectors
such as agriculture, mining,

Inflation will not be more than 10%, assures Mongol Bank chief

The President of Mongol Bank,
L.Purevdorj, answered media questions on Thursday after submitting the monetary
policy document to Parliament Speaker D.Demberel. A selection of questions and
answers follows.

What are
the main features of the monetary policy next year?
Before coming to them, let me give

Audit of how SME loans have been utilized

A three-day inspection has been concluded on how small and medium
enterprises (SMEs) in the Ulaanbaatar area have utilized the loans they took
from the SME Development Fund. Altogether 142 enterprises of the city received
MNT6.7 billion of credit, with a maximum limit

MNCCI brings MPs and CEOs together to discuss PPP

embers of Parliament and senior executives of top enterprises,
including CEOs and Directors, recently came together at a meeting on
Development-Investment-Public-Private-Partnership (PPP) organized by The
Mongolian National Chamber of Commerce and Industry (MNCCI). MNCCI Chairman S.
Demberel said he had given this name to

EBRD subscribes USD7 million to Petro Matad’s share capital

The European Bank for Reconstruction and Development (the EBRD) has told Petro Matad that it will conditionally subscribe for 3,367,003
new ordinary shares of US$0.01 each in the company at
a price of USD2.08 per share. Following this EBRD subscription of approximately
USD7

Mongolians can, and will, manage the MSE soon enough, says official

The Executive Director of the Mongolian
Stock Exchange (MSE), R.Sodkhuu, talks to our journalist.

Foreign
teams have placed bids to be selected to manage the MSE management. Cannot we
do without foreign management?
Mongolians can do the work. We shall cooperate with the foreign team

Shaun The Sheep Party Animals

Британийн
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“Shaun The Sheep Party Animals” хэмээх шинэ ангийг хэрэглэгч та бvхэндээ
татаж авах боломжтойгоор хvргэж байна. Гарсан анги бvр нь дараалан
эерэг саналууд авдаг энэхvv цуврал нь 2007 оноос гарч

The 2011 budgets ready to be submitted to Parliament

The Government yesterday approved the draft 2011 state
budget, the Social Insurance Fund budget, and the Human Development Fund
budget. These will now be submitted to Parliament for its final approval.
The total income in the three budgets plus local budgets is

Wallpapers Collection №88

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сайхан зургуудаа

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