The new railway project was presented to party groups in Parliament by the Government last Thursday. It proposes to establish a railroad from east to west, connecting Tavantolgoi-Sainshand-Choibalsan and ultimately leading to Northeast Asian countries. This is connected to processing

Executive Director of Oyutolgoi LLC Keith Marshall has signed an agreement with the Government and UB Mayor G.Munkhbayar to increase jobs. The company will hire 3,000 people from the six districts in Ulaanbaatar and spend MNT 12 billion each year

In his speech at the opening of the Spring session of Parliament on April 5, President Ts. Elbegdorj reminded MPs that Mongolia did have a revolution, but a lot still remains to be accomplished. As the people of Mongolia have

The MPRP administrative council on Friday decided to hold theMPRP conference on April 8. Party Secretary Ts.Sukhbaatar told media that among the issues likely to be discussed are fulfillment of election campaign promises, intra-party discipline. The conference will also decide

Minister for Finance S.Bayartsagt was presented a check for USD 50 million by Oyutolgoi LLC’s Executive Director Keith Marshall on Friday after the investment contract had taken full effect. The money is part of USD 250 million advance payment.
It

The Mongolian Embassy in Tokyo recently held a press conference to announce and explain the decision to allow Japanese citizens to travel to Mongolia for 30 days without a visa. Ambassador R.Jigjid said the aim of the move was to

My dear fellow citizens,
 
Mr. Chairman of the State Great Khural,
Mr. Prime Minister,
Honorable Members of the State Great Khural,
Dear Ladies and Gentlemen,
 
Every opening of regular sessions of the State Great Khural creates certain expectations in our

Globe International will hold an international conference on “Empowering rural business through quality information and ICT – Central Asia and Mongolia” in Ulaanbaatar from April 27 to 29. Paris-based Internews Europe is assisting with the arrangements while financial support will

Golomt Bank, Khan Bank, Trade and Development Bank, and Xac Bank recently signed finance agreements with the Asian Development Bank aimed at providing needed financing to local companies involved in foreign trade. “Greater access to trade finance will help Mongolia”s

Kiu Hung Energy Holdings, formerly known as Kiu Hung International Holdings, intends to acquire a 19.99% stake in First Dean Holding, a coal firm based in Mongolia, for HKD1.4 billion. The Hong Kong-listed firm will pay HKD3.58 million in cash