Home » July 30th, 2013 Entries posted on “July, 2013”

Olon Ovoo makes headlines once more


By B.KHASH-ERDENE Last week’s news was the State Bank’s takeover of Khadgalamj Bank due to insolvency. The Head of Just Group, and major stakeholder of Khadgalamj Bank, Sh.Batkhuu told journalists in a press conference that his default on the bank’s loan was due to the fact that he was misinformed about the Olon Ovoo gold [...]

July 30th, 2013 | Posted in Business & Economics | Read More »

Mongolia wins 5 bronze medals in wrestling


By B.Tungalag Wrestling’s FILA Cadet Asian Championships continue in Ulaanbaatar. On the third day of wrestling , the Mongolian team won five bronze medals. According to the contest program, the girl’s 52, 55, 60, 65 and 70 kg, and boy’s 43, 46 and 50 kg wrestling matches concluded on July 27. From the Mongolian athletes, [...]

July 30th, 2013 | Posted in Sport & Leisure | Read More »

Transparent Mining reports on the nation’s mining activities


By B.KHASH-ERDENE The Ministry of Mining organized the monthly Transparent Mining press conference last week, which provides updates on the large scale mining and geological projects taking place in Mongolia. The following are some of the highlights from the press conference. Oyu Tolgoi copper shipments increase exports by as much as 40 percent The six [...]

July 30th, 2013 | Posted in Онцлох мэдээлэл | Read More »

MPs to visit Hong Kong and Japan


By M.ZOLJARGAL Chairman of the Cabinet Secretariat, Ch.Saikhanbileg, will pay an official visit to Hong Kong on August 4 to August 6, while the Minister of Economic Development, N.Batbayar, will be on an official visit to Japan between July 31 and August 4. During his visit, Ch.Saikhanbileg will meet the Hong Kong Financial Secretary, Secretary [...]

July 30th, 2013 | Posted in Politics | Read More »

Mongolian fine art masterpieces on display

bird catcher

By B.Tungalag A painting exhibition at the Association of Traditional Painting is on display at the Exhibition Hall of the Union of Mongolian Artists from July 23 through August 1. The Association of Traditional Painting was established by graduates of the Traditional Painting Department at the Fine Art Institute in 2002. The association has an [...]

July 30th, 2013 | Posted in Arts & Culture | Read More »

11 provinces acquire auto diagnostic vehicles

onoshlogoonii mashin aimguudad taraav TUYA3

By M.ZOLJARGAL The National Auto Transportation Center has granted 11 auto diagnostic vehicles, fully equipped with tools to diagnose auto transportation vehicles, to Arkhangai, Uvs, Zavkhan, Khuvsgul, Govi-Altai, Dundgovi, Sukhbaatar, Selenge, Tuv, Darkhan-Uul and Orkhon provinces on July 25. With the vehicles, diagnosing of auto transportation vehicles’ safety, and formulating technical assessment, will be available [...]

July 30th, 2013 | Posted in Domestic | Read More »

Do the ministers who sold Zaisan carry criminal liability?

zaisangiin orchim bogd uuliin omno barigdaj bui barilga (1)

By B.TUNGALAG A lot of apartments have been built over the last 10 years in the protected zone of Bogd Khan Mountain. The mountain was protected many centuries ago, and now the wealthy live there, surrounding the Zaisan Tolgoi. General plans to develop Ulaanbaatar City through 2020, were approved in 1990. In those plans, it [...]

July 30th, 2013 | Posted in Opinion | Read More »

Playtime Festival 2013


By MICHELLE BOROK Playtime 2013, Mongolia’s annual music festival for live music, took place this weekend at Hotel Mongolia’s Gachuurt recreation complex. Now in its 12th year, the festival continues to draw crowds with its diverse line-up of local and foreign bands. Playtime Festival organizers ran a fairly smooth schedule of bands playing on two [...]

July 30th, 2013 | Posted in Entertainment | Read More »

‘People come, people go, and people disappear. But the mountains will always be there’

Dr. Bayarsaikhan Luvsandorj Mongol, ub expat

By ALLYSON SEABORN Dr.Bayarsaikhan Luvsandorj Mongol, or simply “Bayar,” is a third generation medical practitioner specializing in gynecology and oncology here in UB. Most, however, recognize this colorful man as part of the Mongolian Mountaineering Team “KhukhTenger,” or “The Blue Sky,” who successfully climbed the tallest mountain in the world, Mount Everest, in 2012. He [...]

July 30th, 2013 | Posted in Community | Read More »

Butter in the mouth


Foreign direct investment (FDI) is an investment made by a legal entity (individuals or companies) purchasing assets (which can include companies, buildings or industrial equipment) in another country. The investor conducts its business by employing its own technology to generate long-term revenue greater than the initial investment. In a country where conflicts of interest, corruption [...]

July 29th, 2013 | Posted in Opinion | Read More »

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  • Oyun: www.theblueeconomy.org
  • Honheree: It is a sad and awful sight to see so many animals dead from dzuds. These have happened in the past and since 2004 there have...
  • Harvey Dent: Mongolia does not get 476,000 tourists a year. Its gets 476,000 arrivals, most of these are Chinese construction workers....
  • Honheree: It is good but unusual that a Mongolian is so forthright. I am D. Ganbold will be criticised by Mongolians for telling the...
  • Honheree: Be thankful Mongolia is so cheap. In USA lamb in stores costs 69,281 MNT /kg and sirloin which is cheaper cut of beef is...