administrator | Published

‘It’s great to be able to do something for women,” says Kim Rowan, above with her daughter, model Amber Jean Rowan, sporting a cute felt hat and scarf from Made in Mongolia (MIM). The pair are part of a group of well-known Irish women who have helped the Mongolian charity by modelling some of their latest fashion accessories.

Big changes in Mongolia's uranium sector mean the country's top assets are now to be divvied up mainly between Russia and China, the giant neighbours whose influence the landlocked country is perennially trying to balance.
The entry of large Chinese and Russian firms has come at the expense of junior miners from Australia and Canada, some of whom were squeezed out when Mongolia passed a u

Mr. Takatoshi Kato, Deputy Managing Director of the International Monetary Fund (IMF), issued the following statement on Mongolia today:

“The Mongolian economy was hit hard by the global economic crisis earlier this year. The authorities’ strong policy implementation, however, has helped to quickly stabilize market conditions. Nonetheless, the repercussions from the crisis

According to the Ministry of Health, as of 10am, November 6th, there were 715 confirmed cases of people infected with A/H1N1 virus registered in Ulaanbaatar and 195 in the 17 provinces.

There were 51 patients being treated at the National Center for Infectious Diseases, from which 24 were still waiting for lab test results.

By Friday, the death toll of the virus had risen

Mongolia's ruling party has nominated the current foreign minister and one of the country's wealthiest men, Batbold Sukhbaatar, to be the new prime minister.

Between 1992 and 2000, Batbold headed the trading company Altai Trading Co. Ltd., which formed a gold mining joint venture with Canadian Centerra Gold Inc.

The nomination follows the approval of parliament earlier Wednesda

The Mongolian parliament accepted Prime Minister Sanjaa Bayar's resignation during an irregular plenary meeting on Wednesday.

MPRP's party conference on Wednesday evening unanimously voted for Su.Batbold, the Minister for Foreign Relations and Trade, to take S.Bayar's place as the Premier. Su.Batbold's name has been presented to the President for his seal of approval today.

- Mongolian parliament uncorks foreign investment bottleneck
- Copper, gold, coal, uranium seen ripe for development
- Third of population likely to remain in poverty for years
- Govt could use revenue to set up budget stabilisation fund