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Mining Minister of Mongolia: Economic conditions will depend on the mining sector 27 Aug 2013 | 06:50 pm

This is a translation by Business-Mongolia of the interview appeared on NewsWeek No.026 on 27th of August, 2013 with the Mining Minister Gankhuyag D. Issues around Oyu tolgoi project has been a hot t...

Winners of the new power plant bid 26 Aug 2013 | 08:42 pm

GDF Suez SA (GSZ) led a group selected to build a $1.2 billion coal-fired power plant in Ulaanbaatar, as Mongolia seeks to ease pressure on the capital’s Soviet-era power infrastructure. GDF, Sojitz ...

Tax breaks on environmentally friendly technologies and equipments 24 Aug 2013 | 11:43 am

On 23rd of August, the cabinet issued a resolution to give tax breaks to the entities for their green equipment imports. The break is for equipments in 41 categories that will decrease the impact of n...

Malaysia court overturns Mongolia model murder convictions 24 Aug 2013 | 11:08 am

A Malaysian court has overturned the convictions of two police officers for the murder of a Mongolian woman linked to a senior political aide. The woman, Altantuya Shaariibuu, a model, was shot dead ...

Government will select the PowerPlant #5 contractor within this month 22 Aug 2013 | 12:52 pm

The power issue in Mongolian is critical despite being rich in both coking and brown coal. Various studies suggest that in 2-3 years the country will face a power shortage. 20% of all major power plan...

Invest Mongolia 2013 will be held in Ulaanbaatar 21 Aug 2013 | 12:44 pm

Frontier LLC one of the pioneers of investment professional companies operating in Mongolia will hold Invest Mongolia 2013 Conference on the 2nd and 3rd of September. The conference will be held at th...

Decision to build a railroad of global standard 20 Aug 2013 | 02:23 pm

Only Mongolia, Russia and CIS countries have Russian standard wide gauge railroads. In fact, China has a standard gauge size which is 1435 mm. Today, the cabinet has charged Minister of Economic Devel...

Erdenes OT Director has been replaced 19 Aug 2013 | 03:51 pm

Today, the Director of Erdenes OT , 34% shareholder of Oyu Tolgoi LLC, has been replaced by the politician, former Deputy Governor and an economist Da.Ganbold. It has been approximately 9 months since...

Parliament to cancel two laws to boost FDI 16 Aug 2013 | 07:18 pm

In the coming month,  the SGK or Mongolian parliament will have a special session due to the current foreign investment condition. The session will be held from 2nd to 6th of September. The controver...

Bureau Veritas opens in Mongolia amid turbulent investment environment 16 Aug 2013 | 02:34 pm

Yesterday, Bureau Veritas Inspection and Testing Mongolia LLC, Mongolian branch of the global laboratory giant Bureau Veritas officially opened its comprehensive laboratory in Ulaanbaatar. BV is one o...

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