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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

Mongolia says resolves Rio Tinto copper mine tax dispute
Mongolia says resolves Rio Tinto copper mine tax dispute(0)

ULAN BATOR: A tax dispute that threatened to delay the giant Oyu Tolgoi copper mine being developed in Mongolia by Rio Tinto has been resolved, a government official said on Monday. The $6.5 billion Oyu Tolgoi project will produce more than 300,000 tonnes of copper concentrate a year once construction is fully completed. It is

Regional Report – Mongolia: the resource curse
Regional Report – Mongolia: the resource curse(0)

Ng Weng Hoong explains why investor interest in Mongolia is falling. As its commodities-driven economy began taking off at the start of the decade, Mongolia was warned repeatedly to guard against the “resource curse” associated with the corruption, waste, internal power struggles, runaway inflation and political instability that has befallen many developing economies. Tragically, Mongolian

Miners seek reset in Mongolia
Miners seek reset in Mongolia(0)

Chinese president Xi Jinping’s visit to Mongolia last week was a timely reminder of why foreign investors have poured money into the country over the past five years. While the two neighbours share a difficult history, relations appear to be warming, and the geography is hard to ignore. Resource-rich Mongolia, which is sitting on top of huge

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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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Azerbaijan, Mongolia to organize CAREC workshops for economic operators
Azerbaijan, Mongolia to organize CAREC workshops for economic operators(0)

Azerbaijan and Mongolia will hold workshops on risk management within the framework of preparation of the program for participants of foreign trade activities of the participating countries of CAREC (Central Asia Regional Economic Cooperation). The State Customs Committee (SCC) reported that an agreement to hold workshops in these countries for authorized economic operators was reached

Mongolia pledges cooperation in resolving North Korean abduction issue
Mongolia pledges cooperation in resolving North Korean abduction issue(0)

NEW YORK – Prime Minister Shinzo Abe and Mongolian President Tsakhia Elbegdorj agreed on Tuesday to continue working together in the hopes of resolving the abductees issue with North Korea. In a meeting at the U.N. headquarters in New York, Elbegdorj expressed his country’s intention to continue cooperation by providing a venue for bilateral talks

Mongolia: The Next Asian Tiger?
Mongolia: The Next Asian Tiger?(0)

The news of July’s agreement in principle of the Mongolia-Japan Free Trade Agreement (FTA) was merely another addition to Tokyo’s stable of trade agreements in Asia. But for Mongolia, the trade pact with Japan is of far more significance—and not merely because it was with the world’s third largest economy. The conclusion of negotiations represents

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Mongolia Must Hike Rates Further to Curb Inflation: IMF
Mongolia Must Hike Rates Further to Curb Inflation: IMF(0)

Mongolia has taken some measures to strengthen the economy but the country is still in need of strong fiscal and

Mongolia outlines steps to reduce default risks
Mongolia outlines steps to reduce default risks(0)

Mongolia is determined to reduce default risks on its international debt by resuming a long-stalled $4.2bn copper mine project by

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

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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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A Conversation with Mongolian Free Press Advocate Naranjargal Khashkhuu
A Conversation with Mongolian Free Press Advocate Naranjargal Khashkhuu(0)

As The Asia Foundation recently marked its 20th anniversary in Mongolia, Country Representative Meloney Lindberg sat down with Naranjargal Khashkhuu, president and CEO

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

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