An air corridor between India and Mongolia could start soon. A decision to explore the possibility of starting direct air services to Mongolia was taken during the recent visit to Ulaanbaatar by India’s External Affairs Minister Sushma Swaraj. The Mongolia
For many Mongolians, the booming capital, Ulaanbaatar, is synonymous with economic opportunity and a new life. Half the population now lives in the capital. Yet, with women comprising nearly 40 percent of the country’s entrepreneurs.
The Financial Regulatory Commission of Mongolia has registered a Canadian-based resource company at a meeting held on 23 May. Erdene Resources Development Corporation (ERD:Toronto) is to be allowed to sell 4 million shares, each for MNT 640, on the Mongolia
Travellers to Mongolia who venture outside Ulaanbaatar generally stay in ger camps for tourists. As a camping session begins, Ulaanbaatar City Administration is to organise a clean-up event in co-operation with the UB Youth Development Agency and other organisations.
Former Mongolian Prime Minister S.Bayar, who had earlier been imprisoned in the 461st detention center in Ulaanbaatar, was transferred to a hospital on Wednesday (23 May). According to a source, the 62-year-old has been transferred to the Second General Hospital
The number of Mongolian citizens who have received mortgages has increased to 93,999 since 2016 when the programme first started. According to the Central Bank of Mongolia, the number of mortgages issued by commercial banks increased by 2.3 percent in
Earlier today, the Mongolian Cabinet discussed privatisation of certain key state entities.
The cabinet has approved a plan to privatise over 18 state-owned enterprises including 49 percent of MIAT, the State Bank, the Mongolian Stock Exchange, Telecom Mongolia, the Information and
The Mongolian Government has been evaluating the performance of the 21 provincial administrations and the 10 ministries during 2017; following the study a shortlist of the best results has been announced. Each of these top performers is receiving a prize
In August, Ulaanbaatar Mayor S.Batbold issued a decree to develop a “car-free zone” on what was Minister B.Tserendorj Street. As a part of the project, construction of an underground shopping complex has begun with fences being erected in the area
Discovery Minerals Ltd. has signed an agreement for its Mongolia Gold Project. The Board of Directors is pleased to announce that after several months of negotiations an agreement has now been executed with Canadian company Meritus Minerals Limited.
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