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Monday, 12 February 2018 05:39

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Opening ceremony of the «Mongolian traditional utensils» exhibition was held at the Mongolian National museum yesterday. A total of 170 showpieces, which display the intricate artistry and talents of artisans, can be seen during the exhibition.

A set of two teapots with elegant ears describing dragons and various stone jugs are among the most ancient and precious showpieces.

Utensils are directly connected to mankinds history of development. In ancient times, people used stones and clayware to cook and store their foods.

Afterwards, people learned a technique to harden the clay with heating, and started to use vases as containers. In ancient times, people developed a new method to mix copper with tin and lead, resulting in the beginning of Bronze Age.

Scientists found different utensils and scoops made by stones, granites, and specular stones from ancient tombs, which belong to the first period of Bronze Age. Some were used in everyday life, while some were used for smelting and casting metals. Some containers had handles and some had not, while some have been rubbed and polished to improve quality.

The exhibition is open until 8 March, 2018. Ticket price: (MNT)

  • Adults- 8000 MNT
  • Children-1000 MNT
  • Students, Elders and the Disabled - 2500 MNT

Monday, 12 February 2018 05:19

Oyu Tolgoi donates air purifiers

Oyu Tolgoi donates air purifiers to The National Center for Maternal and Children’s Health and 116th School

Oyu Tolgoi initiated to donate 23 high quality air purifiers to National center for maternal and children health and 116th school for blind and visually impaired children, which are located in one of the most polluted areas of Ulaanbaatar.

Cabinet held a closed discussion during its regular session last week. Sources claim that the discussion covered the issues concerning Erdenet Mining Corporation (EMC) in connection to the sanction of London Court of International Arbitration (LCIA) on EMC’s operations. According to some sources, the related officials of EMC were ordered to negotiate terms with the Standard Bank of South Africa and seek opportunities to avoid debt obligations. 

Cabinet held its regular meeting on February 6, and resolved a number of issues. Undergraduate and graduate university students are now able to obtain tuition loans from the state without any collateral requirements.

Minister of Road and Transportation Development J. Bat-Erdene visited the New Ulaanbaatar International Airport in Khushig Valley on January 2.

Asian development bank (ADB) has been Mongolia`s largest multilateral development partner since 1991, playing a central role in the country`s transformation to a middle income, market-based economy.

Tuesday, 06 February 2018 14:30

International Arbitration sanctions EMC

In connection to a dispute over Mongolian Government’s 51 percent ownership of Erdenet Mining Corporation (EMC), the company has been sanctioned by the Legal Court of International Arbitration (LCIA). During a business forum in Erdenet city, CEO of EMC Badamsuren Khookhor had previously said, “The court ruling of queen's bench division of England and Wales over Standard Bank's case, which was issued a decade ago, has become an unavoidable issue. We will soon present the matter to the related officials.”

Mongolia received the Borrower of the Year and Best Mongolia Deal awards from Finance Asia for its Khuraldai Bond, and the Best Deals award from The Asset’s annual Triple A Awards.

The U.S Embassy in Ulaanbaatar organized a reception for the conclusion of the 30th anniversary of the establishment of diplomatic relations between Mongolia and the U.S.

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