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Thursday, 28 August 2008
December 11, 2006 Print E-mail
By Luke Distelhorst   
Monday, 11 December 2006
International tender dispute reaches the police

Partners of the Korean L- Systech Company, who satisfied all criteria and proposed the lowest price for the open, international tender on supplying the herder families with 50 WT solar converters, have appealed to the police to have the related officials from the Ministry of Fuel and Energy investigated. They consider that some of the authorities haven’t selected the project performer within the valid time, creating confusion in the tender process using their positions and have violated several articles of tender and criminal laws. (Ardiin Erkh)

Credit project for small and medium sized industries to be implemented

Two projects invested by the Japanese government’s preferential credits, “Developing small and medium sized industry” and “Protecting the environment,” will start to be implemented from this month. Mongolian government will support these projects and banks such as Golomt, Zoos, Capitron, Khaan and the Trade and Development bank will participate as intermediary financial organizations. The whole amount of the credits for small and medium sized entities is US $25 million; the amount of credits for one entity will depend on its credit demand. The project is technologically, commercially and financially reliable and satisfied all the criteria, according to officials. (Ardiin Erkh)

Mongolian sportsmen who won medals return to Ulaanbaatar

Five days are remaining in the Asian XV sports festival \ and some of our sportsmen have come back to their homeland. Owners of the first medals of the Doha, Qatar sports festival landed at the Chinggis Khan airport on Friday night. Our country’s best team participated under management from Ch. Nasantogtokh and Kh. Boldbaatar, the merited judo trainers. Mongolian judo wrestlers participated with its complete team and obtained six medals in total. Kh. Tsagaanbaatar, merited wrestler and D.Nyamkhuu, an international master received gold medals in the 66 kg and 81 kg categories, respectively. D. Tserenkhand, the merited sportswoman also received double silver medals in the weight class of 78 kg. (Daily News)