The Mongolian economy is rapidly recovering, said an International Monetary Fund team after evaluating the economic bail-out programme in the country.

Made from the wool of Mongolian yaks and highly durable, each pair of Yakamel socks is created with a sole that’s slightly thicker for additional warmth and cushioning. The socks are 90 percent yak wool, with 6 percent spandex and 4 percent viscose to ensure a snug and secure fit.

Former spy chief D.Gerel is to return as the new director of Mongolia’s Central Intelligence Service (CIS). The new appointment was made following a meeting of the Cabinet earlier today (1 November).

As reported last week, Mongolian President Kh.Battulga issued a decree, on 26 October, awarding individuals who have achieved great success in their professions.

Snaking many miles along an icy desert road, the heaving line of trucks laden with coal for China has become a daily occurrence in Mongolia’s Gobi.

The National Academic Theatre of Opera and Ballet of Mongolia is to perform Tosca Puccini’s opera ‘Tosca’ on 5 November. D.Bayasgalan from the Sofie Theatre of Belarus, M.Pirogov from Buryatia and Mongolian singer E.Amartuvshin will sing the three acts of the opera.

Governments in 119 economies carried out 264 business reforms in the past year to create jobs, attract investment and become more competitive, says the World Bank Group’s latest Doing Business 2018: Reforming to Create Jobs report, which monitors the ease of doing business for small and medium enterprises around the world.

Sultan bin Salmeen al-Mansouri, Non-Resident Ambassador of Qatar to Mongolia has said that Qatar is willing to invest in Mongolia during a meeting with Mongolian Prime Minister U.Khurelsukh.

The Erdenes-Tavan Tolgoi mining company has paid USD 100 million to the Development Bank of Mongolia (DBM) before the set date of payment. The company’s board decided to repay half the USD 200 million debt in advance.

At the end of a bright autumn day in the Mongolian capital Ulaanbaatar, it is -12 degrees. As the evening falls, thousands of chimneys in the city begin to release thick and hot smoke, changing the colour of the sky to a dusty pink.