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Trolley bus fares double

Public transport bus services increased their fares from 400 MNT to 500 MNT last week. Now the cheapest public transport service, the trolley bus service, has also increased its fares to 400 MNT. “Electric Transport” LLC increased its trolley bus

Gold mining tax cuts

During Friday`s session meeting, parliament revised finally the Minerals law to make amendments and passed it with 53.3 percent approvals by MPs. According to a revision of the Minerals law, the gold mining tax is reduced from 10 percent to

Mongolia mineral exploration round up 2014

The 6th International Geological Forum “MONGOLIA MINERAL EXPLORATION ROUND UP 2014” will be held at the Russian Center of Science and Culture (RCSC) in Ulaanbaatar, Mongolia on March 20-22. The 6th International Geological Forum “MONGOLIA MINERAL EXPLORATION ROUND UP 2014”

Foreign Minister of Mongolia to make official visit to Latvia

On 27 January, the Foreign Minister of Mongolia Luvsanvandan Bold will make an official visit to Latvia and meet with the President of Latvia Andris Berzins, the Speaker of the Saeima (parliament) Solvita Aboltina and Foreign Minister of Latvia Edgar

Human Rights Commission urges a ban on child jockey horseracing

On Monday the National Human Rights Commission of Mongolia delivered a recommendation to the Federation of Mongolian Horse Racing Sports and Trainers that suggests disallowing children from participating in horse racing competitions for the traditional holiday Tsagaan Sar. The recommendation

World Economic Forum focuses on Mongolia

The three-day World Economic Forum has come to a close. Mongolia participates actively at the World Economic Forum where global political and business leaders and decision makers of public organizations meet at the beginning of each year. Parties discuss future

Large number of counterfeit tugrug reported

Attempts to use counterfeit bills of Mongolian currency in transactions have been reported lately around Mongolia`s traditional holiday Tsagaan sar. It has been revealed that a transaction was recently made with a large amount of counterfeit notes with value of

Mongolian Ministers to Attend Mongolian Investment Summit in London

As Mongolia”s double digit growth continues and government policy becomes increasingly foreign investor friendly, the attention of Western investors has once again turned to the resource rich country. Its vast untapped mineral potential is well documented and Mongolia”s booming mining

The first historical drama series for TV to be released Monday

A historical drama television series, the first ever in Mongolia, is going to be released by the Mongolian National Broadcaster (MNB), the official state-funded television channel, on Monday January 27th. “In the time of the young Great Khans” historical drama

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