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hidodorj | Published

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.


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"
“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.
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 Gover
A positive though bit naive article on Elbegdorj as the new president and what it will bring Mongolia.
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 Ur
Google News adds a new feature where you can indicate the location of where the news story takes place
Mongolians abroad are sending less money back, cashmere price has dropped and so have all the metals. This is the grimm pictures Reuters paints.
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