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Present session may pass new election law

The
DP group in Parliament on Monday discussed the Child Money issue and the Parliament
Election Law. Its Head, Ch.Saikhanbileg, told media that it supported the
Government proposal, already approved by Standing Committees, not to resume
paying allowances to children, but, instead, to give

Banking Law comes into effect, on paper

The
new law under which banks must reveal the names of their directors and major
shareholders took effect on July 1. This information will help customers choose
a bank and will also helpful the general public to track the ownership of
financial institutions. However,

Woman with HIV to give birth

The
pregnancy of a 25-year- old woman who has HIV is now being monitored at the
National Center for the Study of Infectious Diseases. Three women with HIV have
given birth to healthy babies in the past five years.

Work begins on revised registration system

A
new citizens’ registration system was inaugurated on Monday at a ceremony at
Government House attended by Prime Minister S.Batbold, First Deputy Premier N.Altankhuyag,
head of the State Registration Department (SRD) L.Monkhbayar, officials and
guests.

The
SRD head explained the way the revised system works. Batbold

Government seeks to expand areas where HDF money can be spent

A
special Government meeting yesterday approved draft amendments to the Human
Development Fund Law and submitted it to Parliament. The amendments seek to
widen the areas where money from the Fund can be spent.

The
Government believes that revenue from several sources related to

Mongolia wants markets and investors outside China

Mongolia”s bid to exploit untapped mineral wealth, build
huge infrastructure projects and list its homegrown firms abroad, is hampered
by the unresolved dilemma posed by  the
rise of resource hungry China and its influence as Mongolia”s major customer,
according to a Reuters analysis.

Consultants, bankers

Mongolia to sign MoU with Nepal on exchange of financial information

Mongolia and Nepal will sign a
Memorandum of Understanding (MoU) on exchange of information to prevent money
laundering and terrorist financing at the 13th annual general meeting of the
Asia-Pacific Group on Money Laundering (APG) to be held in Singapore from July
12-16. The

Discover Mongolia announces keynote speakers

The Organizing Committee of this
year’s Discover Mongolia has announced the name of the keynote speakers at the
Forum on 8-10 September. They are Bernard J. Guarnera, President of Behre
Dolbear Group, and Warren Gilman, Managing Director and Head of Asia Pacific
Region, CIBC

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