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Frontier_newswire Dec 21-27

Today's Frontier Newswire consists of the following headlines: 

Politics

  • Political Review 2015    
  • Cabinet meeting in brief              
  • “Mongolian - 2020” program targets 85% completed      
  • Minister of Justice D.Dorligjav demands to prolong Economic Transparency Law
  • Parties agree on electoral law   
  • Heads of some Standing committees selected  

Foreign Relations            

  • An Unlikely Partnership – Shared Experiences from Poland and Mongolia            
  • Russian-Mongolian consular consultation held  
  • Mongolian delegation at WTO Ministerial Conference   
  • Ambassador of Australia presents his credentials to President of Mongolia         
  • The Minister of Foreign Affairs L.Purevsuren pays an official visit to Iran
  • Standing committee head meets Ambassador of Kazakhstan     

Economy

  • Mongolia’s flagging economy stalls political progress      
  • MNT 6.1 trillion undeclared taxes ‘declared’       
  • Mongolia to exempt gas equipment and accessories from VAT and custom duties           
  • USD-MNT Rate Stable   
  • Re-shuffling of State Property  

Business

  • Corporate Social Responsibility Breakfast Series launched in Ulaanbaatar             

Banking

  • EBRD supports Mongolia’s micro and small businesses with local currency loans
  • November borrowing figures    

Mining

  • Minister R.Jigjid: “License granted to Gutain Davaa is legal”         
  • Erdenes Mongol and Shivee Ovoo companies to establish joint enterprise          
  • Drastic fall in Mongolian coal exports     
  • State Commission approves 43 new mines and concentrator plants        
  • “Solidarity” trade union submits recommendations on Tavantolgoi operations   

Oil & Gas             

  • Mongolia willing to import Iranian oil      

Agriculture

  • FAO Deputy Rep about plan on resolving food shortage
  • Minister submits bill on tax exemption for wheat seed 
  • Number of livestock reached almost 56 million heads    

Aviation

  • Azerbaijan, Mongolia discuss prospects for cooperation in civil aviation 

Energy

  • Prophecy Development signs EPC and Equity Investment Agreements with SEPCO II for Chandgana Power Plant               
  • Sitework of Baganuur Power Plant being executed by Chinese company              

Constrution

  • Ministry of Construction and Urban Development signed a MoU with Golomt Bank on housing mortgage program               
  • “MIC” plans public sale of stocks              

Ulaanbaatar

  • More than 300 million USD to be dedicated to ger area development     
  • Yarmag Temporary Bridge opened for transport               

Company News               

  • Oyu-Tolgoi has generated USD 1.3 billion for the state budget   
  • Cabinet members receive Oyu Tolgoi investors 
  • Investment agreement on Moncement Plant approved    

Download full PDF report from the following link:  

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