Mongolia Online / hidodorj / Published News

Mongolia Seeks Mineral Assets IPO

hidodorj — Tue, 15 Dec 2009 19:44:19 -0500

Prime Minister Batbold Sukhbaatar wants to pursue an initial public offering of Mongolia's state-owned mineral assets on an international stock exchange as a way to generate more revenue from natural resources, which have recently attracted a flood of foreign investment to the country.

3 Vote(s)

Perspectives on the Mining deal by international economist D.Davaasambuu

hidodorj — Fri, 03 Jul 2009 21:03:30 -0400

Former UK ambassador Davaasambuu has some interesting perspectives on the current agreement: "It is not that we are procrastinating and they are in a hurry"

3 Vote(s)

Draft Agreement on Oyu Tolgoi Investment Will be Signed Before Naadam

hidodorj — Tue, 30 Jun 2009 20:53:00 -0400

"Oyu Tolgoi draft agreement will be discussed, adopted by the State Great Khural and the Government will be granted with power to sign on it very soon" says an official who is close to the development around the issue. According to his talks, Oyu tolgoi agreement will be adopted before Naadam Festival and the Government might sign on it before the end of July.

3 Vote(s)

World Bank Boss Urges Transparency to Attract Private Investment | Mongolia Web News

hidodorj — Wed, 24 Jun 2009 14:26:59 -0400

In a public address in Ulaanbaatar last week, Dr. Juan Jose Daboub, the World Bank's managing director for operations in 74 countries, said, "Mongolia has managed the transition of its economy and politics since 1991 very well, but the impact on the country of the present global economic crisis has revealed the need for continued reforms." During a three-day visit to Mongolia Mr. Daboub met Government officials, parliamentarians, members of the business community, civil society, and other development partners, in addition to seeing first-hand how the crisis has hit the most vulnerable in Ulaanbaatar as well as in Mongolia's outlying rural communities.

5 Vote(s)

New Mongolian president could open mining - UPI.com

hidodorj — Mon, 22 Jun 2009 19:21:57 -0400

A positive though bit naive article on Elbegdorj as the new president and what it will bring Mongolia.

4 Vote(s)

Mongolia ranks at 15th in the world with its uranium reserve.

hidodorj — Tue, 16 Jun 2009 17:23:39 -0400

There is one sentence that really puzzles me:
"MP Z.Enkhbold, the Chairman of the Committee, put question about the possibilities of Mongolia becoming one of the leading 5 nations with uranium reserve."
Does this mean they want to increase the Uranium in the ground? Pimp the numbers? I mean, there isn't much you can do about how much Uranium there is underneath your surface. Or is reserve th Uranium that has already been taken out?

3 Vote(s)

Mongolian Matters » Google News Location: Mongolia

hidodorj — Tue, 16 Jun 2009 14:36:08 -0400

Google News adds a new feature where you can indicate the location of where the news story takes place

3 Vote(s)

Crisis reverberates deep into Mongolian steppe

hidodorj — Sun, 14 Jun 2009 18:04:39 -0400

Mongolians abroad are sending less money back, cashmere price has dropped and so have all the metals. This is the grimm pictures Reuters paints.

4 Vote(s)

Travel Advise for Mongolia: Exercise high degree of caution

hidodorj — Tue, 02 Jun 2009 13:26:26 -0400

According to the advise:

Canadians should exercise caution and maintain a high level of personal security awareness at all times and in all places. Tourist facilities are available in Ulaanbaatar, but limited elsewhere.

Crime against foreigners has increased significantly over the past few months.

3 Vote(s)

Ming Holden: Witnessing Mongolia's Election

hidodorj — Tue, 02 Jun 2009 13:26:02 -0400

Late May proffered its usual hail, rain, snow, and high-80's sunlight in the same day. In the upscale Nayra Cafe, the largely foreign clientele were instructed that Thursday's internet password was "Elbegdorj." Ganbat, the author leading the latest effort at forming a Mongolian Center of International PEN, sported the inked forefinger of a citizen who had voted when I had lunch with him. Neither the top lawyer at the Ministry of Justice nor the young Mongolians I am friends with did much but shrug when I asked them to opine on the election results. "It's fine, but the other guy would have been just about as fine," seems the general opinion, as far as I can see. But then again, I have the eyes of only one person.

3 Vote(s)

US Embassy Supports Amarbayasgalant through Arts Council

hidodorj — Thu, 28 May 2009 17:01:00 -0400

Ulaanbaatar, /MONTSAME/ The U.S. Embassy has announced that it will contribute $86,200 to the Arts Council of Mongolia for preservation of the 18th Century Amarbaysgalant Monastery.
These funds are provided through the U.S. Ambassador?s Fund for Cultural Preservation, and will be used to help protect the monastery from the serious dangers of fire and theft. The Arts Council will begin work on this project in June 2009.
Amarbayasgalant Monastery is a crutial part of Mongolia?s cultural and historical heritage. Almost 250 years old, it is one of the few remaining historical wooden architectural structures in the country. The Ambassador's Fund project will provide for a comprehensive assessment of the monastery?s fire safety and security systems, development of architectural drawings, development of plans for new electrical and security camera systems, installation of fire extinguishers and fire safety equipment, and documentation and registration of cultural artifacts and manuscripts preserved at the monastery.
Since 2002, the Fund has contributed $175,000 to fund cultural preservation in Mongolia. Three projects have targeted archaeological sites, two have helped preserve monasteries, and one helped support a collection of folk, artistic, and traditional literary and local dialectical treasures of Mongolia?s pastoral nomads.
The Ambassador?s Fund for Cultural Preservation was established in 2001, and since then has supported more than 500 projects to preserve cultural heritage in more than 100 countries. Together, the Fund has contributed more than $16 million towards global cultural preservation.

3 Vote(s)

Wiretapping to be discussed

hidodorj — Tue, 26 May 2009 03:06:08 -0400

News.mn reports that 4 of the Great Khural standing committees will convene today to discuss the state budget for 2010-2012. What drew my interest and concern was a bit about the Internal Security, Foreign Policy Committee meeting. The committee members will meet to discuss possible changes to the Communications law, which includes legalizing wiretapping of mobile communication for law enforcement purposes.

4 Vote(s)

Mongolians hail opposition win

hidodorj — Tue, 26 May 2009 02:40:22 -0400

ULAN BATOR, Mongolia - Thousands of Mongolians, from nomadic herders to businessmen, jammed into Ulan Bator's public square yesterday to welcome their newly elected president shortly after the Harvard-educated opposition candidate was declared the winner in a close election.

5 Vote(s)

President Enkhbayar admits defeat

hidodorj — Mon, 25 May 2009 18:25:04 -0400

Prime Minister Bayar and President Enkhbayar are holding a press conference on TV right now admitting defeat and congratulating Elbegdorj on his win, although the official results are not yet out.
Enkhbayar's gone on to state that he respects the results of the election

6 Vote(s)

Democrats Win Mongolia Presidential Poll - Reports

hidodorj — Mon, 25 May 2009 18:23:50 -0400

Television networks reported a victory for Tsakhiagiin Elbegdorj, the Democratic Party candidate, over incumbent Nambaryn Enkhbayar of the ex- communist Mongolian People's Revolutionary Party in Sunday's poll.

Citizens For Justice, a Mongolian non-governmental organization, also projected a win for Elbegdorj, a former prime minister.

Official results haven't yet been released.

4 Vote(s)

A new President is probable in Mongolia | Mongolia Business and Mongolian Daily Business News

hidodorj — Mon, 25 May 2009 18:23:50 -0400

According to the source of Demparty, candidate Elbegdorj is won the election by 35000 votes, securing his win for the election. It is not the official report of the Election Committee of Mongolia.

In contrast, MPRP announced its press conference at 9.00 am this morning. It regularly reported its win during the night.

Official result of the election will be announced within 5 days after the election, according to the law.

2 Vote(s)

Mongolian presidential election, 2009