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Frontier_newswire Nov 23-29

Today's Frontier Newswire consists of the following headlines: 

Politics

  • OECD: Mongolia must tackle corruption
  • Cabinet meeting in brief              
  • Sixteen members of Parliament support dismissal of Prime Minister Ch.Saikhanbileg     
  • Non-parliamentary parties demand the Government to be dismissed   
  • Speaker meets delegation of Russian Buryatia  
  • President vetoes Parliamentary resolution         

Foreign Relations            

  • The 19th Intergovernmental Committee meeting between Mongolia and Russia to run in Chita
  • Mongolia to strengthen ties with Indonesia in various sectors    
  • Honorary Consuls to Mongolia gather    

Chinese Vice Chairwoman’s Visit             

  • Vice Chairwoman of the Standing Committee of the NPC of China, Yan Junqi arrives in UB           
  • Speaker receives NPCC Standing committee’s chairwoman
  • Vice-Speaker receives his Chinese counterpart 
  • Ch.Saikhanbileg PM meets Yan Junqin  
  • First meeting of permanent talks mechanism runs          
  • Vice speaker of Chinese parliament legs Bogd Khaan’s Palace Museum 
  • Vice chairwomen of Standing committee of NPC legs “Amgalan” power station 

Economy

  • Fitch Downgrades Mongolia's State Bank; Affirms Khan Bank     
  • About forum on state-run assets management
  • List of projects altered for loan from China          
  • The list of projects to be financed with the remaining of the loan introduced      
  • Mongolia leads Asia in “Standard & Poor’s” survey          
  • Imports and exports fall               

Banking

  • Mongolia’s Golomt Financial Group expands into equipment leasing      
  • Khan Bank and European Bank for Reconstruction and Development signed USD 70 Million in new facility agreements  

Business

  • Mongolia-France Business Forum            
  • Japan-Mongolia business matching event approaching 

Mining 

  • Copper Faces at Least Two More Years of Pain, Rio Estimates     
  • Copper prices weigh on Rio Tinto’s looming decision on Oyu Tolgoi expansion    
  • Japanese delegates want to visit Tavantolgoi site             
  • 43 mines and concentrators start operational process    
  • 630 exploration licenses issued so far    
  • Ch.Saikhanbileg: International banks to provide USD 4.2 billion  

Energy

  • 70% of Mongolian nomads now have solar power           
  • USD 30 million granted to the energy sector of Mongolia              
  • Erdenet thermal power plant to be extended   

Industry 

  • Italy to co-operate in producing value added products  
  • The Minister of Industry continues his visit to Europe    
  • Industrial production in statistics              
  • Defense Industrial Group to purchase UBM mobile factory         
  • Cooperation with Czech in industrial and infrastructure sectors 
  • Trilateral agreement on constructing coal processing plant established  

Railway

  • Train pulled out to Paris               

Education

  • MIT to send students, faculty to Mongolia to help spur innovation          

Company News               

  • Turquoise Hill Resources Receives Average Rating of “Hold” from Analysts (NYSE:TRQ)  
  • Rio Tinto approves $1.9bn expansion of Amrun bauxite project in Australia         
  • Xanadu Mines: Broker raises the valuation bar   

Download full PDF report from the following link:

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