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N. Altankhuyag in China

First Deputy Prime Minister N. Altankhuyag is now in
China to participate in a Northeast Asia Investment Fair where he will give a speech
on regional trade. He will also meet senior officials of the Chinese Government
and the Communist Party in Beijing.

Prime Minister stresses need for more vocational training

Speaking at a ceremony yesterday at the Mongolia-Korea
Technical Institute to mark the start of the academic year, Prime Minister
S.Batbold said the country needs a large number of trained workers to fill the
jobs that will come up with the expansion of

Gashuun Sukhait to work for 24 hours a day by year-end

Oyutolgoi LLC will build 180 new apartments, and enlarge and
improve the energy, heating, sewage and drinking water supply system at Gashuun
Sukhait in Umnugobi aimag before the end of the year as part of the planned
expansion and extension of services at

Armani store in Ulaanbaatar embodies founder’s lifestyle vision

The Emporio Armani store at Sukhbaatar Square in the
Central Tower Building occupies over 210 square meters on the first floor. It
is much more than a fashion boutique: its design embodies  Giorgio Armani’s vision of the modern, casual
lifestyle that Emporio Armani

New date for Anod Bank shareholders’ meeting

The Mongolbank’s special representative at Anod Bank,
which has gone into liquidation, has said that a general meeting of its
shareholders will be held on November 30. He gave no reason why the meeting was
not held on the earlier scheduled August 15.

TDB introduces daily remittance service from Korea

Trade and Development Bank and Korean Exchange Bank have
signed a Memorandum of Understanding to introduce a service to allow Mongolians
studying, working, and living in Korea to transfer money from there to Mongolia
easier and faster. The money thus remitted will have

The risks investors and watching in Mongolia

A
recent analysis by Reuters says Mongolia is likely to emerge as a key
investment target for global mining giants, but there are several risks to watch.
Referring to the country’s weak political parties and its poor regulatory
capacity, it notes that Transparency International

Minister gives harvest estimates

According to
preliminary estimates announced by T. Badamjunai, Minister of Food, Agriculture
and Light Industry, the harvest is expected to be 329,800 tons wheat, 156,100
tons potato, 90,100 tons vegetable, 20,500 tons oilseeds like sunflower and
rapeseed, and 19,600 tons of livestock fodder.  The

Russian barley to be used to make animal feed

The 21,091.9 tons of
barley received from Russia will be used to make animal feed at a cost of
MNT90,000 per ton. There are 35 million animals in the country of which 19
million are of breeding age. Uvurkhangai aimag lost 1,620,000 animals

MNT125 million to disinfect poultry farm area

Deputy Prime Minister M. Enkhbold, who is also Chief of
the National Emergency Commission, will 
supervise the work of disinfecting areas in Khan-Uul district where a
poultry farm has been identified as the source of a
contagious bird disease “Newcastle,” the first time in

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