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Improving the Oyu Tolgoi development agreement

The expansion of Rio Tinto’s Gobi Desert copper mine will “not be stopped” but the Mongolian government will seek to “improve” the terms of the investment agreement behind the delayed project. D.Sumiyabazar, Minister of Mining and Heavy industry, told a

Getting off the “Grey List”: ADB to help Mongolia

The Asian Development Bank (ADB) will cooperate closely with Mongolia to remove the country from the Financial Action Task Force’s (FATF ) “grey list”, Pavit Ramachandranthe, the ADB’s new country director for Mongolia, said on Monday.

Ramachandran made the remarks during

Beauty in a wheelchair

B.Lkhamsuren from Erdenet has been crowned at the Miss Wheelchair Mongolia pageant. The event was held for the second time at the Holiday Inn Hotel on 22 November. Over 20 women, aged between 24 and 35 took part. participated in

Zuunkharaa – Washington cooperation

A school in northern Mongolia has entered into a cooperation agreement with a US university. ‘Eco School No 3’ of Zuunkharaa city in the Mandal Soum of Selenge Province will be working closely with the IGLOBAL University in Washington, D.C.

Under

Mongolian law firm launches AI chatbot platform

MDS KhanLex, a Mongolian law firm, has launched iGeree, an online contract automation and artificial intelligence (AI) chatbot platform.

iGeree will initially focus on employment law. with plans of extending to company law coverage in 2020. The platform was built by

Grey list blame! Heads roll in Mongolia

The Mongolian parliament has today (22 November) decided to dismiss N.Bayartsaikhan, President of Central Bank of Mongolia and S.Davaasuren, Chairman of the Financial Regulatory Commission. As we have reported, there are demands that the pair must take responsibility for Mongolia

Mongolian parliament approves revised Law on Natural Resources

The Constitutional Court of Mongolia has revoked some articles of the Law on Natural Resources which have resulted in the loss of MNT 1.3 trillion revenue to the 2020 State Budget, reported Finance Minister Ch.Khurelbaatar. Earlier today, the Mongolian parliament

Mongolian army builds ‘refinery road’ in Gobi

A road connecting the city of Sainshand in Dornogobi Province and the country’s first oil refinery has been completed.  Nearly 200 soldiers from the Mongolian Army’s 7780th Unit have been laboring on the 17.5 km long which can take heavy

First traditional-script Mongolian language training course in Hohhot

The Inner Mongolia University has opened its first Mongolian language training course using traditional vertical script in Hohhot, the capital of northern China’s Inner Mongolia Autonomous Region.

The 10-day training course is sponsored by the departments of finance and education in

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