Л.Энх-Оргил, Author at News.MN - The source of news - Page 7 of 104
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Eco technology exhibition at Mongolia’s State House

An exhibition entitled “technological solutions for decreasing air pollution’ opened at the State House on Wednesday (3 January). The event was organised by the Ulaanbaatar city administration with support from the Mongolian government.

China-Mongolia trade continues to boom

Trade between China and Mongolia continued to boom in 2017, and exports and imports in two major border crossing in north China’s Inner Mongolia Autonomous Region registered new highs, local authorities said on Tuesday.

Railway workers oppose income tax increase

The Mongolian Rail Workers’ Trade Union is protesting against the increased tax rate on personal income that came into effect on 1 January 2018. Under the three-year-arrangement with the International Monetary Fund (IMF), the government agreed to increase the income tax rate of individuals with a monthly salary of more than MNT1.5 million incrementally from 15, 20, and 25 percent.

Erdenet trade union boss attacks new tax policy

The head of the Erdenet Mining Corporation (EMC) trade union spoke on Wednesday (3 January) regarding the increase of personal income tax which came into effect starting from 1 January, 2018.

Traders clash with police at ‘Thousand Cars’ Auto Market

Traders from the ‘Thousand Cars’ Auto Market clashed with the police on Wednesday near Ulaanbaatar railway station. A large number of protesting auto-traders were arrested during the incident which took place ahead of the planned clearing of the site.

Mongolia’s foreign exchange reserves reach USD 3 billion

On Tuesday, the Bank of Mongolia, which is the country’s central bank, reported that as of December 27th, 2017, Mongolia’s foreign exchange reserves reached three billion U.S. dollars, which has increased three times in the past twelve months.