MP
G.Bayarsaikhan, head of the Ethical Sub-committee of Parliament, has regretted
the failure of many members of Parliament to provide correct, detailed, and
timely information on their income and assets. The sub-committee also wants to
quickly dispose of any citizen’s complaint on any matter
One of the leaders of the recent people’s
movement to force Parliament and the Government to fulfill several promises
made to the people, G.Uyanga, has announced that she has joined the National
New Party. Defending her decision to become a politician, after being
Saudi Arabian Minister of Petroleum
and Mineral Resources Ali bin Ibrahim Al-Naimi has said his country is ready to
help train Mongolian oil specialists and create opportunities for Saudi
businessmen to invest in Mongolia. The Minister was recently in Mongolia as
head of a
Speaker D.Demberel
feels that a strong opposition is essential for Parliament to work with a
purpose, to debate issues fairly and to monitor the performance of the
Government. The principal parties could seek help from a smaller party but
their decision to form a coalition
Issuance of soft loans to small and
medium enterprises has come to a halt in
the five provinces of Arkhangai, Khuvsgul, Selenge, Bayan-Ulgii and Khovd,
following the State Bank’s inability to
provide MNT 3.5 billion to the program. Ts.Nyam-Osor, a senior official in the
concerned
Several provisions of the 17-year-old
Competition Law have recently been
amended. D.Mandakh, Head of the Department for Fair Competition and Consumer
Rights, has said the new regulations ensuring fair competition will apply to
all the nearly 40,000 registered business entities in the country, of
Bucyrus, the
Germany-based internationally reputable designer and manufacturer
of high productivity mining equipment, has ended its existing dealership
contract with Wagner Asia in Mongolia.
It will now open its own office and sales center in
Ulaanbaatar, as soon as the registration process is concluded. Bucyrus’
decision
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