P.Tsagaan, Senior Advisor
to the President, yesterday received Graeme Hancock, senior mining specialist at
the World Bank in Mongolia. They discussed issues relating to amendment of the
law on mineral resources and the need for inputs from MPs, the government, the
President’s Office and

Prime Minister
S.Batbold, now in New York mainly to attend the summit meeting of UN General
Assembly, has met with Bill Clinton, former U.S. President and now Head of the Clinton
Global Initiative (CGI). He also attended a meeting of the CGI. They

While Prime Minister S. Batbold said in New York on
Monday that the London Stock Exchange (LSE) was the front runner in the race to
be selected to restructure the Mongolian Stock Exchange, developments in
Ulaanbaatar cast doubts on the entire process of

Ya.Sodbayar, Director of the
State Specialized Inspection Agency, reported to the Government meeting on
Wednesday that pollution in the Orkhon river has reached a level just below the
highest. The Agency was instructed by the Prime Minister to examine the issue
after he had

The Government meeting on
Wednesday asked the Minister of Foreign Affairs G.Zandanshatar and the Minister
of Food, Agriculture and Light Industry T.Badamjunai  to arrange for the supply to Russia of USD
50,000 worth of canned meat to help it overcome the catastrophic consequences
of

As Minister of Social
Welfare and Labor T. Gandhi and Confederation of Trade Union leader S.Ganbaatar
bandy their different figures of which category of State employees stand to
benefit how much from the 30% pay rise, one development has passed unnoticed by
most people.

Mining Minister D. Zorigt has told Reuters
that the future of the Mongolian economy will ultimately hinge on
its ability to transcend mining. “It is our ultimate belief that economic
prosperity is not delivered by one particular industry or one particular
resource. Economic prosperity

Origo
Partners has announced the acquisition of a 25% stake in Kincora Ltd, owner of
the Bronze Fox copper-gold prospect in Mongolia for USD3 million. Kincora owns
a 100% interest in the Bronze Fox prospect through a wholly-owned Mongolian
subsidiary. Origo has also been

The
World Bank’s International Finance Corporation (IFC) has completed an appraisal
of a proposal to invest in Suu, the leading Mongolian dairy processor, with
three principal goals. The first is to help increase its production capacity,
including purchase of additional milk packaging, butter packaging,

The
Traffic Emergency Information Center, opened some time ago amidst high
expectation, has claimed that installation of security cameras on streets,
ostensibly meant to monitor traffic, has led to a drop in street crimes like
drunken brawls, assaults, and robbery. Daily cases of assault