Moody’s Investors Service has placed negative outlooks on three Mongolian banks, citing risks from rising bad loans, slower economic growth and a deteriorating operating environment.Moody’s changed its outlook to negative from stable on Khan Bank LLC, Trade, Development Bank of

Employees of Bus-1, the Capital city own enterprise, are on the second day of strikes since January 8th, 2014. On Thursday morning employees of three other bus companies,  “Tenuun ogoo”, “Tenuun delger” and “Transbus”, that provide public transport service joined

President Ts.Elbegdorj is to make his first visit in the New Year to Switzerland. The Annual World Economic Forum where political and business leaders, heads of governments, intellectuals and other leaders of civil organizations are present will be held on

The Standing Committee on Security and Foreign Policy during Wednesday`s meeting discussed a draft resolution on Parliament establishing diplomatic relations with foreign countries on January 8th, 2014. Foreign Affairs Minister L.Bold stated that Mongolia, a member country of the UN,

The Constitutional Court of Mongolia is conducting ceremonial event for the Constitution day at 10.00 pm today on January 9th, 2014. Mongolia will mark the 22nd anniversary of new Constitution law adopted in 1992. In the scope of the celebration,

According to the Lunar calendar the first day of spring or Tsagaan Sar occurs on January 31st, the same day as the Chinese traditional New Year. Therefore there will be some changes to the working hours of crossings on the

Mongolian Hachi: The most loyal dog that waits for its owner everyday on a bridge for years.

Over 6000 counterfeit Yuan, the Chinese currency, were discovered in a citizen`s amount to be exchange at Naiman Sharga exchange center on January 3rd. An officer of the exchange center called for the police. Chingeltei district police have initiated an

Bus drivers and conductors of Bus-1 company went on sudden strike  in the morning of January 8th.  The employees of the company were also on strike a year ago. The employees of the company stated that they decided to take

The Ministry of Education, Culture and Science has granted 14 children from the “Gerelt ireedui” Children`s Center with certificates granting them a year of tuition fee to study at national universities, on Tuesday January 7th. The Children`s Center “Gerelt ireedui”