|
News -
Economy
|
|
Sunday, 21 June 2009 21:56 |
|
Business
Elbegdorj prefers 50% profit sharing to part ownership in OT Moody's downgrades ratings of Khan, TDB, and Xac banks Centerra settles Boroo dispute, to pay more redundancy benefits Boroo mine operating license suspended for up to 3 months Progress on several issues at talks with Ivanhoe, says Zorigt “Two neighbors” blamed for delaying Tolgoi agreements Robert Shapiro back in Mongolia to help with OT agreement Government wants to suspend all uranium licenses Rabobank leads Erdenet copper pre-financing Red Hill Energy agrees to sell Ulaan Ovoo mines to Falcon Mining ZTE clicks deal with Skytel Chinese firm to extend oil drilling work after initial success 5,177 mining licenses granted this year Unpaid dues from power plants may force coal mines to close down Petroleum prices up, but less than importers wanted Staff complain about way Anod Bank is being run 7 banks tie up with MoneyGram to make Euro transactions easier Khan Bank team visits herders to provide relief Copper slides on weak US data, stronger dollar Goldman sees 2010 copper price at USD5,800 a ton Chinalco praises Australia, hints Rio is to blame Australia sees good in BHP-Rio tie, China sees red Rio Tinto launches rights issue, warns outlook 'uncertain' Shenhua retains focus on Mongolian coal mines Chinese company wants to buy 20% shares of Denison Mines U.S.-Mongolia Business Forum focuses on energy Depleting water resources discussed at conference.
Economy:
World Bank boss urges transparency to attract private investment Central Bank again reduces interest rate Industrial output falls 7.2% yoy Money supply rises, but still lower than a year ago Steep rise in unemployment Trade turnover less, so is deficit Sharp fall in freight and passenger traffic Tax revenue falls 29.8%, pushing up budget deficit Consumer prices rise 8% yoy, 0.1% mom Average household spends more than it earns, survey finds All tax refunds to be paid by June Business wants MPs to hear what it needs Loans to SMEs will raise GDP in Ulaanbaatar to MNT7 million per head World Bank to help ‘professional inspection’ turn more professional New market access for Canadian livestock in Mongolia Crisis rumbles along the Mongolian steppe MPs discuss competition law amendments with MNCC.
Politics:
Elbegdorj sworn in, says he will fulfill people’s demand for reform and change Ex-President does not have a bank account, PM does not have a car Enkhbayar hosts farewell dinner for MPs MPRP members call for changes in party Medical graduates no longer need two years’ training Crimes rise NGO faults TV channels on coverage of presidential election World Bank leads support to Mongolia’s statistical system Three held for Mongolia’s first credit card fraud.
|
|
Last Updated on Sunday, 21 June 2009 22:04 |