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“Development Bank of Mongolia is now on the right path”

First Deputy Chief Executive Officer discusses DBM issues, policy and aims.

During the Government’s inspection ofthe Development Bank of Mongolia, an MNT 1.3 trillion discrepancy was noticed and the bank was on verge of bankruptcy, losing both governance and financial independence.

China: June coal imports from Mongolia rise

China’s coal imports rose in June from Mongolia and Russia as utilities and steel mills sought out more cheap raw material even as the government tried to curb purchases of foreign fuel.

Kind man helps seriously injured child jockey

A thirteen year-old Mongolian child jockey was seriously injured during the traditional horse racing competition which was held in Tudevtei soum of Zavkhan province on 21st of July.

Triumphant Hakuho Davaajargal returns to Mongolia

Top Mongolian sumo wrestler ‘Yokozuna’ Hakuho Davaajargal will return home after having smashed the record for most career wins in Japan’s national sport as a ‘yokozuna’, or grand champion.

MIAT now serving Australia on codeshare

A new carrier code has begun appearing on airport departure and arrival flight displays in Australia: “OM”. This is MIAT Mongolian Airlines which is now flying to and from Brisbane, Melbourne, Perth and Sydney on codeshare with Cathay Pacific.

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