Business & Economy

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Samsung Corporation President visits Mongolia

Ulaanbaatar, /MONTSAME/. Representatives headed by the President of the
Samsung Corporation in the Republic of Korea Mr. Chi Sung Ha have
visited to Mongolia....

Mongolia's Government Surplus at USD 36 million

In the first four month of 2006, total revenue and grants of General
Government budget amounted to 296.0 bln.togrogs, and total expenditure
and net lending--to 252.8 bln.togrogs. The General government budget
overall balance...

Money Loan and Stock Market Updates

Ulaanbaatar, /MONTSAME/. According to the report of the Bank of
Mongolia, at the end of March of 2006 money supply (broad money, or M2)
increased by 4.1 percent against February, reaching 1216.2 bln.
togrogs. Compared to...

Statistics: Industry Output Up by 0.8 percent

Ulaanbaatar, /MONTSAME/. In the first four months of 2006, the total
industrial output was 481.8 bln.togrogs at current price and 234.8
bln.togrogs at the constant prices 2000, that was more by 1.8
bln.togrogs the constant...

Ivanhoe Mines Changes CEO

Ivanhoe Mines Ltd. shuffled its executive
management team on Tuesday, promoting its chief operating officer to
chief executive to replace Robert Friedland, who will remain executive

The Canadian-...

Hilton Hotel in Mongolia, Soon to Come.

Mongolia Web News, Ulaanbaatar. Hilton Hotels Corporation (NYSE:HLT) has announced it will open a hotel in...

Peace Bridge in Ulaanbaatar under construction

Ulaanbaatar, /MONTSAME/. The reconstruction of the Peace Bridge in
Ulaanbaatar launched on Friday. The repair works were postponed due to
the state visit of the President of the Republic of Korea to Mongolia.
A Chinese...

Herders from Ovorkhangai train in Inner Mongolia

Ulaanbaatar, /MONTSAME/. Eight herders of Ulziit and Tugrug soums of
Ovorkhangai Aimag have visited Inner Mongolia, China. During the tour,
they got familiarized with achievements gained in the agricultural
production, studied...

Privatization of Real Estate Continues in Mongolia

Ulaanbaatar, /MONTSAME/. A draft Parliamentary resolution on the
approval of a list of the social sector s organizations and real
estates to be privatized in 2006 in the first shift has been approved
by the Parliamentary...

IMF Delegates Visit Mongolia

Ulaanbaatar, /MONTSAME/. The delegates headed by Mr. Robert Edwards,
Head of the Statistical Department of the International Monetary Fund
(IMF), arrived on Monday in Mongolia to pay a visit at the invitation
of Mr. P....

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