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Moody’s affirms Mongolia’s B2 sovereign rating; negative outlook
Moody’s Investors Service has today affirmed Mongolia’s government bond rating at B2. The outlook on the rating remains negative. Concurrently, Moody’s has affirmed the government’s B2 issuer rating, its senior unsecured MTN rating at (P)B2 and the short-term Not Prime issuer rating.
Standard Bank consultant leaves Mongolia after detention
A Standard Bank Group consultant who was detained in Mongolia amid a dispute with a local company over a debt repayment said he left the country and arrived in his native New Zealand.
India, Mongolia engage in joint military exercises
In an effort to develop international cooperation and joint training for UN peacekeeping missions, the Indian Army is participating in a joint exercise with its Mongolian counterpart from June 10 to 24.
Mongolia-India joint military exercises in Belgaum from Aug 6
Aiming at sharpening their counter insurgency skills and enhancing training infrastructure for UN peacekeeping missions, Mongolian Army will participate in joint exercises with its Indian counterpart at Belgaum in Karnataka from August 6.
Hind Copper eyeing mines in Chile, Peru, Mongolia, Nambia
State-owned Hindustan Copper today informed a Parliament panel about its plans to acquire mining assets in countries like Chile, Peru, Mongolia and Namibia. “The members were informed about overseas acquisition (plans) of mines in Chile, Peru, Mongolia and Namibia,” the Mines Ministry said after the meeting of the Consultative Committee of Parliament on Hindustan Copper. [...]
Ajay Chhibber: Cash for work – Asia’s answer to crises
Mongolian herders and rural Indians, two seemingly disparate peoples, could provide valuable insights for other countries in Asia. Both groups have suffered from multiple crises and both are climbing their way out through innovative schemes that offer a hand up instead of a handout.