The general reaction of MPs to the government’s
performance in regard to the economy last year was one of dissatisfaction as
Parliament discussed in Friday a report on execution of the general budget of
2009 and another report by the National Audit Agency

Addressing more than 3,000 young people brought together
by the Ulaanbaatar wing of the MPRP, Prime Minister S.Batbold said citizens
will be given shares in the Tavantolgoi coal deposit. This was the first
categorical and unequivocal statement on an issue that has thrown

Every district of Ulaanbaatar will
have its own SME business center soon, under a program launched in January.
Apart from providing training on entrepreneurship, identifying profitable areas
of business, and help in finding markets, these centers will also offer
graduates concessional loans and some

D.Achit-Erdene, President of the Mongolian International Capital Corporation, feels a decision on whether to collaborate with the Hong
Kong or the Frankfurt Stock Exchange should come only after enforcing here the
information disclosure requirements that have already been standardized
worldwide. In general, the

Switzerland-based Manas
Petroleum Corp. has planned an upcoming gravity survey to prepare a 300-km
seismic campaign on blocks 13 and 14 in Mongolia. Manas is debt free and
believes that it will be able to meet with the existing funds all its cash
requirements

Shareholders in Petro
Matad Limited, the explorer targeting frontier lands on the
Mongolian-Chinese border, must be wondering what next will come between them
and the company’s first well on the Davsan Tolgoi prospect. First, it was an
unusually long and severe winter that forced

Mongolia
Energy Corporation
has awarded Leighton Asia an AUD273-million, 6-year contract to develop and
operate the Khushuut coal mine
project in western Mongolia. This is the second contract that MEC has awarded
to Leighton Asia in western Mongolia. The contract is based on a mine

The trial of former Oakland High School student Quochuy
“Tony” Tran for the murder of Ichinkhorloo “Iko”
Bayarsaikhan is being held in Oakland, California. The 15-year-old  girl, who had moved to the U.S. from Mongolia
three years earlier, had no idea that Halloween

Mongolia-born  Lee
Ra has become the first foreign-origin South Korean citizen elected as a
proportional representative of the Grand National Party for Gyeonggi . Lee, 33,
became a Korean citizen in 2008 after following her Korean husband to the
country from in 2003. She