ULAN BATOR, Sept. 27 (Xinhua) -- Mongolia and Russia will enhance cooperation in the mining sector, especially on the exploration of a coal mine in southern Mongolia, a statement from the Mongolian Mining and Heavy Industry Ministry said Thursday.
A Mongolian delegation led by Minister of Mining and Heavy Industry Dolgorsuren Sumiyabazar visited...
This Singaporean Fintech Startup Introduced Mobile-based Microlending to Mongolia
By
Pooja Singh
Features Editor, Entrepreneur APAC
In Mongolia, where the average monthly income is $400, getting credit and small bank loans is difficult. So the citizens turn to friends or family members for financial help.
Anar Chinbaatar and his friends Boldbaatar Ochirsuren and Bayarsaikhan Volodya got so tired of friends asking...
Mongolia exports over 28,000 tons of meat in first 8 months
ULAN BATOR, Sept. 28 (Xinhua) -- Mongolia exported a total of 28,123 tons of meat and meat products in the first eight months of 2018, of which 12,315 tons were heat-treated products, customs data showed Thursday.
The figure is up 2.4 times from the same period last year, according to the Mongolian Customs General Administration.
Almost 50 percent...
Mongolia’s first bishop passes away
Filipino Bishop Wenceslao Padilla, the Prefect of Ulaanbaatar, who started the Catholic mission in Mongolia 1992 died on Sept. 25.
Filipino Bishop Wenceslao Padilla, the Prefect of Ulaanbaatar, the first and only bishop of Mongolia who started and oversaw the growth of the Catholic Church in the East Asian nation, died on Tuesday, Sept....
Mongolia to introduce online birth registration system to hospitals
ULAN BATOR, Sept. 28 (Xinhua) -- Mongolia will introduce an online birth registration system to hospitals here from Oct. 1 and to hospitals in other parts of the country as of Nov. 1, the Mongolian Health Ministry said Friday.
"The new system launched under a national program called 'One citizen and One registration' will revolutionize the registration...
Mongolia: Mourning the first Bishop of Mongolia
Source: Fides News
Bishop Wenceslao Padilla, of the Congregation of the Immaculate Heart of Mary and the first Bishop of Mongolia, died on 25 September at the age of 68, following a heart attack. He had accompanied the young Mongolian church for the past 26 years.
Bishop Padilla, of Filipino nationality, was sent to Mongolia in 1992, following...
Mongolia’s first bishop, Msgr. Wenceslao Padilla, has died
Ordained priest in 1976, the Filipino prelate reached Mongolia in 1992 together with two confreres to open a mission. In August 2003, he was named bishop of Mongolia by Pope John Paul II. Throughout the country there are now seven parishes and three missionary...
Church leaders mourn passing of Mongolia’s first & only Filipino bishop
By Christina Hermoso
The Federation of Asian Bishops’ Conferences (FABC) has expressed
sadness over the passing of Filipino Bishop Wenceslao S. Padilla, the
first bishop of Mongolia, who succumbed to heart attack last September
25.
(photo courtesy of CBCP...
ADB raises Mongolia's 2018 economic growth forecast to 6.4 pct
ULAN BATOR, Sept. 26 (Xinhua) -- The Asian Development Bank (ADB) on Wednesday upgraded Mongolia's economic growth to 6.4 percent this year from the previous forecast of 3.8 percent.
It also upgraded Mongolia's growth in 2019 to 6.1 percent from 4.3 percent, according to an update of ADB's flagship annual economic report, Asian Development Outlook...
Mongolia’s first Filipino Catholic bishop dies
By Leslie Ann Aquino
Mongolia’s first bishop, Filipino bishop Wenceslao Padilla, has died Tuesday, September 25.
Padilla, 68, died of heart attack in Ulaanbaatar, Mongolia’s capital.
The prelate’s death was announced by the CBCP in a News post.
Bishop...
Mongolia's Economic Recovery Continues on Strong Growth
The FINANCIAL -- ULAANBAATAR, MONGOLIA (26 September 2018) — The Mongolian economy posted strong growth in the first half of 2018 at 6.3%, continuing the strong economic performance of 2017, on the back of a robust expansion in investment in the mining sector as well as a surge in consumption propelled by a rise in credit to households.
In an update...
Mongolian female student, 21 beaten and raped in Florence, Italy
(ANSA) - Florence, September 24 - A 21-year-old Mongolian
student was beaten and raped in a street on the southern
outskirts of Florence on Sunday night, police sources said
Monday.
A man came up the woman, who is in the Tuscan capital for
study purposes, punched her to the ground...
Press release of Mongolian Copper Corporation on its recent court victory
In 2017, Mongolian Copper Corporation LLC (“MCC”) brought an administrative case at the Administrative Court against the Government of Mongolia in connection with its decision with reference number 14, rendered in 2017 in re, inter alia, appointment of the full board members of Erdenet Mining Corporation LLC (“EMC”) and Mongolrostsvetmet LLC (“Monros”)...
Interview: Belt and Road significant to Mongolia, people around world -- academic
ULAN BATOR, Sept.19 (Xinhua) -- The China-proposed Belt and Road Initiative (BRI) is a world-class project that is significant to people around the world, a Mongolian academic said Wednesday.
"The BRI is a world-class project that offers great opportunities for cooperation between China and the rest of world in a wide range of areas, including infrastructure...
Mongolia's central bank keeps benchmark interest rate unchanged
ULAN BATOR, Sept. 20 (Xinhua) -- The monetary policy council of Mongolia's central bank on Thursday kept the benchmark interest rate unchanged at 10 percent, expressing its confidence that inflation is near its 8-percent target.
"The decision aims to stabilize inflation around the target rate of 8 percent in the medium term, and bolster economic...
ADB lends USD 40m for hybrid renewables project in Mongolia
September 21 (Renewables Now) - The Asian Development Bank (ADB) said on Thursday it will provide a USD-40-million (EUR 33.9m) loan to support a 41-MW distributed renewable energy project in Mongolia.
Specifically, the Upscaling Renewable Energy Sector Project will feature 40.5 MW of solar and wind power capacity with advanced battery storage technology...
Joint Statement on the Expanded Comprehensive Partnership Between the United States and Mongolia
Media Note
Office of the Spokesperson
Washington, DC
September 20, 2018
The text of the following statement was released by the Governments
of the United States of America and Mongolia on the occasion of the
official visit of Mongolian Prime Minister Khurelsukh to the United
States of America:
The United States and Mongolia,...
Chinese institute assists Mongolia in drought monitoring
BEIJING, Sept. 20 (Xinhua) -- A drought remote monitoring system developed by Chinese researchers has been handed over for service in Mongolia, with a transfer agreement signed.
The drought observation system, known as DroughtWatch-Mongolia, aims to provide real-time and wide-range drought information for disaster prevention and mitigation departments...
Readout of Vice President Mike Pence’s Meeting with Prime Minister Ukhnaa Khurelsukh of Mongolia
Vice President Mike Pence met today with Prime Minister Ukhnaa Khurelsukh of Mongolia to reiterate the strong bilateral relationship between Mongolia and the United States. The two leaders discussed their newly expanded comprehensive partnership and the U.S. Millennium Challenge Corporation’s $350 million compact with Mongolia. The Vice President recognized...
Experts from China, Mongolia, Russia talk on construction of economic corridor
ULAN BATOR, Sept. 18 (Xinhua) -- The fourth China-Mongolia-Russia Think-Tank Forum kicked off here Tuesday to discuss the building of a trilateral economic corridor between the three countries.
During the two-day event, some 120 experts and officials from the three countries are expected to submit their proposals and exchange views on intensifying...
Chinese delegation informs Mongolians on Tibet's development
ULAN BATOR, Sept. 17 (Xinhua) -- A visiting Tibetan cultural exchange delegation dispatched by China's State Council Information Office has reported on the latest economic and social development of China's Tibet Autonomous Region and China's policies to protect traditional Tibetan culture.
It has informed Mongolian officials, representatives of the...
Interview: Russia, Mongolia have great potentials for expanding bilateral cooperation - official
ULAN BATOR, Sept. 16 (Xinhua) -- Russia and Mongolia have great potential for expanding bilateral cooperation in many areas, M.V.Vasiliev, trade representative of Russia to Mongolia, told Xinhua in an exclusive interview on Sunday.
"We believe it is correct to set a common goal to increase 10 times the trade turnover between our countries in the...
Czech Republic Assists GA Development of Mongolia
by Mainbayar Badarch
The Czech Ministry of Industry and Trade in cooperation with the Czech Embassy in Ulaanbaatar is supporting GA development in Mongolia through the “Aid for Trade” project. The recipient of the aid is the Ministry of Road and Transport Development and the Civil Aviation Authority (CAA) of Mongolia. The project budget...
