The two-day 19th
annual meeting of the Northeast Asia Economic Forum (NEAEF) concluded on
Friday. More than 100 delegates from Mongolia, Russia, China, South Korea,
Japan and other countries in the region discussed topics pertinent to Northeast
Asian economic cooperation and development, including cross-border
Some 13,000 street lights
illuminate Ulaanbaatar every night. They are the responsibility of the Electric
Transportation Company and Illumination and Decoration Company, which receive
MNT 180 million each on average a year from the city budget.
N.Zoljargal, Vice
President of the Mongolbank, has given commercial banks until the end of August
to reveal the identity of their principal shareholders, the pattern of
shareholding and similar details enjoined by law. After that date, the
Mongolbank will be free to disclose these
Following a recent 15-day visit to the area by a working
group jointly constituted by the State Professional Inspection Agency and the
Ministry of Nature, Environment, and Tourism, all gold mining companies in the
Orkhon river basin have been asked to temporarily suspend
Ivanhoe Mines recently said its battle with Rio Tinto for
control of Oyu Tolgoi mine is
continuing, and it is sticking to a shareholders” rights plan that has led its
project partner to go to arbitration. The plan, adopted by Ivanhoe”s board in
April,
The Mongolian Stock Exchange
celebrated on August 27 the 15th anniversary of the country’s first bond sales.
Executive Director R.Sodkhuu congratulated all individuals and institutions that
have participated in and contributed to the growth of the capital market and
recalled the early days of
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