ZAZA Corporate Counsel ZAZA Corporate Counsel ZAZA Corporate Counsel ZAZA Corporate Counsel
Business Consulting, Logistics, Technology Service & Project Development in Mongolia

LEATHER PRODUCERS LOOK TO BOLSTER INDUSTRY WITH SHOE PRODUCTION

28/07/2014  |  economy
Mongolia can boost its leather goods industry with the production of shoes this year, said the head of the Leather Producers Union. The government is set to lend MNT 30 billion to companies producing leather goods, and an additional MNT 110 billion will be used for companies' working capital, said Union Execu ...
Read more »

SAMURAI BOND FUNDS TO BE SPENT FOR TANNERIES

28/07/2014  |  economy
The Cabinet Secretariat has approved a proposal to funnel MNT 110.4 billion from the 2013 Samurai bond to commercial banks so that they can finance projects that would boost Mongolia's leather industry. The government is looking to finance the establishment of new tanneries and upgrade existing facilities wit ...
Read more »

MONGOL BANK: FX AUCTION, SWAP AGREEMENTS, 1-WEEK BILLS, TREASURY BILLS

28/07/2014  |  economy
The Bank of Mongolia on 3 July auctioned USD 4 million and CNY 47 million to commercial banks for closing rates of MNT 1,827.60 and MNT 294.32, respectively. The central bank also reported that it had received an equivalent of USD 50.8 million from swap agreements with commercial banks. The central bank repor ...
Read more »

SALKHIT WIND FARM INVESTMENT WINS EBRD U.S. TREASURY AWARD

28/07/2014  |  economy
The European Bank for Reconstruction and Development has received the U.S. Treasury Development Impact Honors for its equity participation in the Salkhit wind farm project, as it ”reflect the critical work of the MDB [multi-lateral development banks], which strengthens communities around the world, incl ...
Read more »

MSE CEO NEGOTIATES WITH LSE IN LONDON

28/07/2014  |  economy
Mongolian Stock Exchange Acting Chief Executive Officer D. Angar negotiated in London for the introduction of new financial products to the Mongolian bourse to attract greater foreign investment. Angar met with representatives of the London Stock Exchange (LSE), Clearinghouse LCH.Clearnet, the FTSE index and ...
Read more »

NEW BOARD MEMBERS APPOINTED AT DEVELOPMENT BANK

28/07/2014  |  economy
Three new board members for the Development Bank of Mongolia were appointed at a 16 July meeting of the Cabinet Secretariat. The appointments made to replace former State Secretary at the Ministry of Finance D. Battur, Khadgalamjiin Daatgal Corp. Executive Director B. Lkhagvasuren, and Mongolian Bankers Assoc ...
Read more »

MAKING OPPORTUNITIES IN MONGOLIA

28/07/2014  |  economy
Given the Irish obsession with the weather, you’d wonder why anyone would actively choose to move to the coldest capital on the planet. But in 2011, 31-year-old Adrienne Youngman from Dingle did just that. Within three months of marrying her fiancé Tom, she agreed to move with him to Ulaanbaatar ...
Read more »