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Frontier_newswire Jan 04-10

Today's Frontier Newswire consists of the following headlines: 

Politics

  • Minister Shiilegdamba released on bail 
  • “Promoting Mongolia Abroad” - program approved        
  • Draft of Long-term Sustainable Development Concept submitted            
  • Cabinet meeting in brief              
  • Why I joined the “National Labor Party”? – Interview with S.Ganbaatar 
  • R.Bulgamaa appointed as advisor to the Prime Minister

Foreign Relations            

  • Permanent Neutrality of Mongolian Foreign Policy          
  • Ambassador T.Togsbilguun received by Permanent Secretary of Thailand            
  • Information to be provided for volunteers serving for ASEM guests        
  • Sub Working Group set up for overseeing ASEM side events      
  • Visa waiver programme cancelled

Economy

  • MNT 20,000 child allowance to be paid  
  • The first lottery of VAT to be conducted on Jan 17           
  • Is Mongolia really in danger of changing its national currency?   
  • Closure of State Property Commission begins    
  • Minister wants all children to receive HDF benefits         
  • Prime Minister opens the primary exchange      

Business

  • Law might be modified to promote small businesses      
  • Regulation takes effect on assessing brokerage firms’ capacity to pay    

Banking

  • Khan Bank named best of 2015 

Mining

  • Here is Why Mining Sector Touched New Lows 
  • Mining Outlook Mongolia 2016 

Regional

  • Canada to host 24th Asia-Pacific Parliamentary Forum in Vancouver        
  • ADB operations reach $27b in 2015         
  • Regional growth slows  

Industry

  • MNT 21.8 billion to be earned from "Moncement" project annually        
  • “Made in Mongolia” – support for domestic SME’s          
  • One-time action on leather exports takes effect              
  • Industry Ministry declares 2016 a year for supporting sales and production          

Transportation

  • Hunnu Air to start new direct flights to Bayan-Ulgii          

Construction

  • Speaker Z.Enhbold: Mortgage loan APR can be lowered to 5 percent      

 Agriculture

  • 6560 tons of hay to be provided free     
  • Agricultural exchange reports   
  • Mercy Corps to launch project for countryside people   
  • Increase in flour import

Ulaanbaatar

  • "Ulaanbaatar Investment 2016" business forum to be held on Jan 20      
  • Some 170 billion budgeted for capital city development

Company News               

  • Khot Infrastructure Announces Issuance of Rail Construction Permit      
  • Prophecy Development Corp (PCY) Director Gustavo Adolfo Miranda Sells 452,000 Shares of Stock          
  • Hertz licensee acquires contractor    

Download full PDF report from the following link:

#206, Elite Complex B,  

Chinggis Avenue 14, 1st khoroo  

Sukhbaatar district    

Ulaanbaatar,
Mongolia    

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