South Korea’s Woori Bank yesterday
opened a lounge for migrant workers from Mongolia at its Gwanghi-dong branch in
downtown Seoul. It is intended to act as a sort of shelter for
Mongolians, and is equipped with about 300 books and a variety of
The latest stop in First
Deputy Prime Minister N.Altankhuyag’s series of visits to the countryside to
see how SME projects are using their loans was in Zavkhan province, 1,000 km
from the capital. About 90 projects there have been chosen to receive MNT839.1
million,
During his tour of the Gobi
provinces, Prime Minister S.Batbold visited sites in Dornogobi where Areva is
conducting uranium exploration operations. The French State-owned company has
been working as Kojegobi in Mongolia since 1997 and operates in Dornogobi and
Sukhbaatar provinces. It hopes to
Herders lost about nine
million animals in the winter, mainly because there was no food for them at the
unusually low temperature. Many herder families are coming to Ulaanbaatar to make
a new life, while weather forecasts caution about another harsh winter this
year.
Judoka O.Dulguun won a
silver medal in the mixed team event in the Singapore Youth Olympic Games on
Wednesday. His team Belgrade had
wrestlers from Mongolia, New Zealand, Germany, Turkmenistan, Russia, Malta,
Belgium and Senegal. His success is specially commendable as he was competing
in
For the first time in months, the USD sold for less
than MNT 1300 throughout this week. On Thursday it was MNT1291 in the exchange
market, and marginally more in banks. A Chinese yuan sold for MNT191 and one
ruble for MNT40.90.
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