Mongolia Business Blog

“Mongolian Law and Legal Environment” with James Liotta of Lehman Lee & Xu (3)

12/21/09 •

Overview: Mongolia has a developing judicial system, sometimes even described as “rotten to the core”.  People need to do due diligence before coming to Mongolia to do business.  Following the law to your best ability from the beginning will help prevent issues later.
For business news, the state budget containing 76 Billion tugrugs or 1 billion [...]

Democracy, Railroad, & Jim Dwyer of Business Council of Mongolia (5)

12/12/09 •

MONGOLIA BUSINESS PODCAST #4 HIGHLIGHTS
20th anniversary of Mongolian democracy, railroad, & BCM Executive Director Jim Dwyer
December 11, 2009: December 10th is a very important day in Mongolian history.  On this date, Mongolians gathered at the square and peacefully protested for democracy of Mongolia. It was one of the most peaceful yet successful demonstrations in history…  [...]

Nuclear Energy and Uranium in Mongolia (2)

12/11/09 •

Mr. Eric de SEZE, General Director & CEO of Areva Mongolia, “Nuclear Energy and Uranium” “PART TWO of BCM Meeting Highlights”
On Monday, December 7, 2009, Business Council of Mongolia (BCM) held its last meeting of the year.  Guest speakers Mr. B. Enhuyag, First Deputy Governor of Bank of Mongolia and Mr. Eric de SEZE, General [...]

Current Macro-Economics and Mongolia’s Banking Sector (1)

12/11/09 •

Mr. B. Enhhuyag, First Deputy Governor of Bank of Mongolia, “Views on Current Macro-Economics and Mongolia’s Banking Sector” “PART ONE of BCM Meeting Highlights”
On Monday, December 7, 2009, Business Council of Mongolia (BCM) held its last meeting of the year.  Guest speakers Mr. B. Enhhuyag, First Deputy Governor of Bank of Mongolia and Mr. Eric [...]

December 2009: Cultural Events of the Month (3)

12/08/09 •

A friend of mine emailed me this.  The source was “The Arts Council of Mongolia“.
Enjoy!

DECEMBER CULTURAL EVENT CALENDAR
Happy New Year!
FEATURES OF THE MONTH
BEST ARTWORKS OF THE YEAR
Modern Art Gallery
Dec 4 – Dec 30
The Modern Art Gallery of Mongolia is hosting its annual ‘Best Artworks of the Year’ competitive exhibition [...]

Traffic Stop Line, IT Industry, & Mongolian hackers (1)

12/05/09 •

MONGOLIA BUSINESS PODCAST #3 HIGHLIGHTS
December 4, 2009: This week, we discuss traffic laws, Mongolian IT industry, and Mongolian hacker vs. a peeping Mongol.  (Download the podcast here: Mongolia Business podcast)
Mongolians and ex-pats alike may have noticed that cars are no longer stopping on pedestrian crossings.  There is a reason for that.  For the past two [...]

James Passin Bullish on Mongolian Stock Market (2)

11/26/09 •

Today, while going through some articles on Mongolia, I ran across an article that happened to cover the Mongolian stock market by a stock market guru named James Passin.  It was a lucky find as the article mostly talked about Berrylium.  Anyway, please read on.
As you will find, James is very bullish on the local [...]

H1N1 Causing Food Price Inflation – Mongolians Are Not Happy (6)

11/17/09 •

Due to the outbreak of H1N1, there is increased demand for food products that enhance body’s immune system and help fight against the flu.  As a result, pricing for garlic, sea-buckthorn, “aarts”, and horse meat have seen inflationary pricing over the last few weeks.  News coverage has been high as locals have been quite upset [...]