The Head of the Confederation of Trade Unions,
S.Ganbaatar, yesterday told journalists that the way the ensuing wage increase
will work suggests much more gain for desk-bound bureaucrats than for hard
working teachers, doctors, nurses, cooks etc. He said the Government has not
replied
S3Investment Company has said that its wholly
owned Redwood Capital subsidiary has opened an office in Ulaanbaatar to allow
the company to work more closely with clients operating in the Mongolia market
as well as explore additional emerging opportunities the country.
Mongolia’s debts incurred in the socialist days are
settled but the country continues to borrow. The loans it took from The Asian
Development Bank, The International Monetary Fund (IMF) and Japan between 1991
and 2009 now total USD2.6 billion. According to The Debt
The United Nations Environment Program (UNEP), Russia,
and several governments in Central Asia have concluded an agreement on
conservation measures for the migratory Saiga antelopes, whose population have
been in decline during the past two decades. Representatives from Kazakhstan,
Mongolia, Russia, Turkmenistan, Uzbekistan and
Stewart Group, the international
inspection, analysis and assay group has expanded its operations in Mongolia. A
new fire assay laboratory, with state-of-the-art equipment, has been added to
the Stewart Mongolia LLC facility in Ulaanbaatar, which can now provide a
significantly broader range of services
Simon Morris, the new Khan Bank Chief Executive Officer, recently called on First Deputy
Prime Minister N.Altankhuyag to discuss topical issues. Altankhuyag said the
banking sector has to be restructured in anticipation of the promised mining
boom and this requires united action and
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