{mosimage} IVANHOE Mines has arranged up to US$350 million in convertible credit financing from its strategic partner Rio Tinto to help develop the Oyu Tolgoi copper-gold project in Omnogobi province.
New Group for Business Advocacy
{mosimage} ALL companies working in the country, whether investment in them has come from Mongolian or foreign sources, can now join a group to provide better advocacy for business issues. The newly set up Business Council of Mongolia (BCM) will focus on dealing with issues such as taxation, regulations, investment climate, employment and the environment.
Mongolia “A Solid Friend”, Says Bush as MCC Deal is Signed
{mosimage} THE US$285 million Millennium Challenge compact assistance program to reduce poverty through economic growth in Mongolia was signed on October 22. President N.Enkhbayar and President George W. Bush signed the five-year agreement in the Roosevelt Room of the White House in a sober ceremony marked with quiet but confident optimism.
Khukh Serkhyn Nuruu
The Khukh Serkhyn Nuruu SPA encompasses 65,920 hectares and is a crest of the Altai Mountains in Khovd and Bayanolgy aimags (Deluun soum of Bayan-Olgy aimag and Khovd soum of Khovd aimag). The area is the main habitat for argali and ibex herds. Also, it has a special significance in providing ecological balance and in [...]
Health and Vegetarians
There are a number of nasty diseases you can read about before coming, here non of which you will catch, unless you are very unlucky. The bubonic plague, which is obviously serious if you catch it, is almost unheard of, no cases of Malaria or yellow fever have been reported this year and rabies which [...]
Health and Fitness
Having said that there are a number of gymnasiums and athletic associations sprouting up in and around the city. Like almost anything else in UB availability effects the quality of the Gymnasiums, so the good ones tend to be a little expensive as far as membership is concerned and are mostly used as hangouts for [...]
Grandkhaan Irish Pub
{mosimage}Grandkhaan Irish Pub, opened in August 2005, provides first class dining and best entertainment in the very heart of the City. -WESTERN STYLE-CUSTOMIZED MENUS (Grandkhaan Irish menu, Kids Menu, Vegetarian Menu, Mongolian Meals, Wine Selection) -DRAUGHT BEER( Guinness, Tiger, Chinggis, KhanBrau, Altan Gobi)
Fast foods
{mosimage}Fast food is a relatively new introduction to Mongolia. In UB city center there are several Western and Asian restaurants that provide a fast food experience. Food delivery services have begun to get popular and you can choose from pizza, Chinese, Korean and others. A few fast food hamburger restaurants have also sprung if you [...]