Japan”s sports minister has asked the Japan Sumo Association to investigate allegations that sumo grand champion Asashoryu assaulted a man during a late-night drinking session, according to an AP report carried in The Canadian Press. “The association is responsible for

During a recent visit to Germany, Minister of Food, Agriculture and Light Industry T.Badamjunai told Ms. Gudrun Kopp, Parliamentary State Secretary to the German Federal Minister of Economic Cooperation and Development, that the Mongolian Parliament has identified agriculture as “a

U.S. Agency for International Development (USAID) Representative Chuck Howell, CEO of Xac Bank M. Bold,  and Deputy CEO of Khan Bank D. Batsaikhan recently signed an agreement  to support up to USD25 million in lending to small and medium enterprises

Mongolbank figures reveal that money supply (broad money or M2) increased to MNT2,880.0 billion at the end of December 2009, recording a rise of 6.1 percent over November 2009 and of 26.9 percent over December 2008. Currency in circulation was

The third meeting of the Mongolia-China working group has ended with agreements between the Director of the Ulaanbaatar Representative Office in Tianjin, J.Gankhuyag, and the deputy director of Dunziang free trading port, Yang Jun Chan, regarding use of the port.

Both the MPRP and DP groups in Parliament yesterday discussed the proposed state property privatization directions to remain in force until 2012. Both groups wanted the Erdenet factory kept out of the list of entities to be privatized, since it

Several dozen delegates from Mongolia met with delegates from the United States at the recent Fifth U.S.-Mongolia Business Forum in Orlando to discuss how the two countries can better work together. Several speakers urged more U.S. companies to invest in

Centuries after its “golden hordes” descended on most of central Asia Mongolia is discovering the reverse of what it was like then. This time around, the world”s mining community is descending on Mongolia, looking to take advantage of the tiny

J.Oyungerel, Vice Chairman of the Governing Board of Petrovis LLC and Board Member of Energy Resources LLC, feels that the decision on building railways has to be taken on the basis of not whether it is technically or economically possible,

The klepsiella virus infection which broke out in the First Maternity Hospital on January 18 has caused the death of four babies while 20 more are still suffering. The hospital has been closed down and patients transferred to other places.