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  • Ts.Elbegdorj...
    By B.KHASH-ERDENE The President of Mongolia Ts.Elbegdorj ...

    Ts.Elbegdorj: Oyu Tolgoi should help Mongolia prosper, not leave it with a scar

    By B.KHASH-ERDENE The President of Mongolia Ts.Elbegdorj has made a statement regarding the need for greater transparency and improved management of ...
  • Growth in 20...
    Which economies will grow and shrink ...

    Growth in 2012

    Which economies will grow and shrink the fastest in 2012? LIBYA’S economy will grow faster than any other in 2012, ...
  • MT Drilling ...
    Domestically-financed MT Drilling LLC, a branch ...

    MT Drilling discusses oil exploration plans

    Domestically-financed MT Drilling LLC, a branch of the MT Group, has revealed its plans for oil exploration in Mongolia.MT Drilling ...
  • Fired worker...
    Representatives of 49 workers recently fired ...

    Fired workers stage protest at South Gobi Sands

    Representatives of 49 workers recently fired from South Gobi Sands LLC met with company officials Wednesday morning. The workers say they ...

Miningshow all mining articles

Rio Tinto (RIO), Turquoise Hill (T.TRQ) caught in Mongolia tax dispute over Oyu Tolgoi
Rio Tinto (RIO), Turquoise Hill (T.TRQ) caught in Mongolia tax dispute over Oyu Tolgoi(0)

Turquoise Hill (TSX: T.TRQ, Stock Forum), a company controlled by Rio Tinto Plc (NYSE: RIO, Stock Forum), said Monday that its Oyu Tolgoi LLC operating unit in Mongolia has received an audit report from the Mongolian Tax Authority claiming unpaid taxes, penalties and disallowed entitlements associated with the Oyu Tolgoi mine.Turquoise Hill owns 66% of Oyu Tolgoi, one of the

Rio Tinto’s Mongolia mine hits another snag
Rio Tinto’s Mongolia mine hits another snag(0)

LONDON–One of Rio Tinto PLC’s largest projects hit another snag Monday after the company running the $6.2 billion Oyu Tolgoi copper and gold mine in Mongolia was handed a new audit claiming unpaid taxes and penalties. Turquoise Hill Resources Ltd., the Rio Tinto-owned mining company that owns the rights to Oyu Tolgoi, said it disputed

Rio Disputes Mongolia Claim Over Unpaid Taxes
Rio Disputes Mongolia Claim Over Unpaid Taxes(0)

Mongolia’s Tax Authority claims a Rio Tinto Group unit operating in the country has unpaid taxes, penalties and disallowed entitlements associated with the $6.6 billion Oyu Tolgoi copper mine development. Rio’s Turquoise Hill Resources Ltd. (TRQ) says it has paid all taxes and charges required under its accord with the government and has complied with

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Politicsshow all politics articles

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After Ukraine, Afghanistan to split up? Never say never…
After Ukraine, Afghanistan to split up? Never say never…(0)

BISHKEK (TCA) — Could the republics of Tajikistan, Uzbekistan and Turkmenistan see some unofficial territory move from Afghanistan into their respective domains? It could be considered a lot less imaginary than it looks at first sight. Due to America’s intervention following the September 11 attacks on the USA – orchestrated by mainly Middle-East based terrorist

MONGOLIA’S FORMER PRESIDENT PLOTS POLITICAL RETURN DESPITE CORRUPTION CONVITION
MONGOLIA’S FORMER PRESIDENT PLOTS POLITICAL RETURN DESPITE CORRUPTION CONVITION(0)

In 2012, Mongolia’s former Prime Minister and President Nambaryn Enkhbayar was convicted of graft, embezzlement, misappropriation of government properties and misuse of his position, and received a seven year prison sentence, with three years commuted. Denouncing the charges, Enkhbayar said that the legal actions were a pretext to stop him running for political office, commenting,

Mongolia’s former PM reappearance complicate tricky negotiations with foreign investors, cause headache to govmnt
Mongolia’s former PM reappearance complicate tricky negotiations with foreign investors, cause headache to govmnt(0)

A vow to return to politics made from a hospital bed in South Korea by one of Mongolia’s most popular yet controversial politicians threatens to rock the country’s fragile coalition government and complicate tricky negotiations with foreign investors. The reappearance on the scene of the jailed former president and prime minister Nambar Enkhbayar after a

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Regionalshow all regional articles

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Surabaya chosen to host Asian Fashion Week 2014
Surabaya chosen to host Asian Fashion Week 2014(0)

Surabaya, capital of the province of East Java, has been chosen to host the Asian Fashion Week 2014 which is scheduled to take place from 15th to 18th August 2014 at the Ciputra World, Surabaya. Previously scheduled to be held in Ulaanbaatar, Mongolia, but due to circumstances the venue was altered to Surabaya, stated the President and CEO of Fashion Week Group, Arwin

Nature, Opaque and Mysterious, in All Its Seasons
Nature, Opaque and Mysterious, in All Its Seasons(0)

Four of the five sections of “From a Firefly’s Eye,” a suite of dances presented by Zendora Dance Company at the Brooklyn Academy of Music’s Fishman Space over the weekend, took their titles from the seasons. But the show was no pastoral, no pretty nature calendar, and the music was definitely not Vivaldi. Instead, Nancy Zendora, a

North Korea’s best hope
North Korea’s best hope(0)

SEOUL, South Korea — I escaped from North Korea in 2007. Two years later, I arrived in Mongolia, along with my mother and five other people. Armed with knives and prepared to kill ourselves, we begged the soldiers who caught us not to send us back to our native country. Like a lot of North Korean

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Poverty, Inequality, and the Negative Effects of Mongolia’s Economic Downturn
Poverty, Inequality, and the Negative Effects of Mongolia’s Economic Downturn(0)

For the last four years, Mongolia has had one of the fastest growing economies in the world, clocking double-digit growth on the

In Mongolia, Perception of Corruption as Most Critical Problem Drops
In Mongolia, Perception of Corruption as Most Critical Problem Drops(0)

Last week, The Asia Foundation, the Sant Maral Foundation, and Mercy Corps Mongolia released the fourth semi-annual corruption survey, revealing citizens’

OECD Organisation for Economic operation and : Mongolia should persist with systematic anti-corruption reforms
OECD Organisation for Economic operation and : Mongolia should persist with systematic anti-corruption reforms(0)

27/05/2014 - Mongolia should persist with systematic reforms in its struggle against corruption, says a new report by the Istanbul Anti-Corruption Action Plan

Growing Pains: An external analysis of the Mongolian economy
Growing Pains: An external analysis of the Mongolian economy(0)

It is immediately clear to all external observers that Mongolia’s is a unique and fascinating economy. With the fifth highest

Unlocking Mongolia’s Potential
Unlocking Mongolia’s Potential(0)

A small, well-educated, and open-to-the-world population living in a democracy with mineral wealth? Mongolia’s potential for development remains terrific. It’s

Moody’s downgrades Mongolia’s outlook to negative
Moody’s downgrades Mongolia’s outlook to negative(0)

Global Credit Research reported on Monday that Moody’s Investors Service has changed the outlook on Mongolia’s government bond rating to

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Financeshow all finance articles

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IFC Finance : Supports Mongolia’s Secured Transactions Reform, Expanding Access to Credit for Smaller Businesses
IFC Finance : Supports Mongolia’s Secured Transactions Reform, Expanding Access to Credit for Smaller Businesses(0)

In Beijing: Jing Yu Phone: +86 10 5860 3098 E-mail: jyu1@ifc.org In Hong Kong: Hannfried von Hindenburg Phone: +852 2509-8115 E-mail: hvonhindenburg@ifc.org

Michelmores extends international credentials in Mongolian bank deal
Michelmores extends international credentials in Mongolian bank deal(0)

Leading law firm Michelmores’ London office has advised private equity groups Bamboo Finance and Triodos Investment Management on the sale

BANK OF TOKYO MITSUBISHI UFJ TO OPEN ITS REPRESENTATIVE
BANK OF TOKYO MITSUBISHI UFJ TO OPEN ITS REPRESENTATIVE(0)

October 22, 2013 The Bank of Mongolia (BoM) has allowed the Bank of Tokyo Mitsubishi UFJ Ltd (BTMU) to open

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Interviewshow all interview articles

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B.Ankhbayar: Mongolian businesses need to understand the importance of human resource management
B.Ankhbayar: Mongolian businesses need to understand the importance of human resource management(0)

The following is an interview with B.Ankhbayar, executive director of UA Consulting Company, highlighting important aspects about human resource (HR)

B.Byambasaikhan: Building Trust will save the Mongolian economy
B.Byambasaikhan: Building Trust will save the Mongolian economy(0)

The following is an interview with the Secretary of Economic Council B.Byambasaikhan, about the council’s “100 day plan to intensify

N.Battsereg: Rescue the Mongolian language
N.Battsereg: Rescue the Mongolian language(0)

Reputable Members of Parliament have initiated a bill on the Mongolian language and submitted it to the Speaker of the

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