The Mongolbank announced on June 14,
2012, by forex auction, the BoM sells USD 30 million at closing rate of MNT
1321.53 as received the bids to buy USD. However, the BoM did not intervene in
the CNY/MNT exchange rate market and commercial

The Prospero Foundation, founded by Ulrik DeBo of Debondo Capital, is proud
to announce that a micro-loan donation has been made to a shoemaker in
Harhorin, Mongolia.

Tsendjav, 55 years old, lives with her husband and one daughter in Harhorin,
the ancient capital

The Powerscreen dealer for Mongolia, Wagner Asia Equipment
LLC, held an official launch event in Ulaanbaatar showcasing solutions for the Mongolian
Road and Construction Industry in May 2012. The two day event included
seminars, discussion groups and a working demonstration of Powerscreen®
equipment and

The Ulaanbaatar city is ranked at 39 (globally at 210) in the list The
most expensive cities in Asia by the ECA Internationa survey.

Tokyo tops the ranking again, regionally and globally The Japanese yen has remained strong and Tokyo remains

Construction work of Sun bridge in west cross of Ulaanbaatar
in 85 percent of completion. The bridge constructed by the Japanese Government
assistance. The construction will complete by November 15 this year.

The bridge in 262 meter long and 19 meter high with

The
Cabinet meeting approved a program “Queen Tuul” aimed to protect Tuul river. The
program to implement by two phase from 2012 to 2016 and from 2017 to 2020. The
program considered to protect rivers flows into the Tuul, to build dam, to
announce

The
Cabinet meeting which held on Wednesday, on June 13, 2012, decided to decrease water
price by 2.5 times in ger district of Ulaanbaatar city. Currently apartment residents
pay MNT 0.40 per one liter water, while residents in ger district by MNT 1.

The President Tsakhia Elbegdorj yesterday received D. Enkhbat, Ambassador
Extraordinary and Plenipotentiary of Mongolia to Vietnam, A. Ganbaatar,
Ambassador Extraordinary and Plenipotentiary of Mongolia to Poland, Ch.
Battumur, Ambassador Extraordinary and Plenipotentiary of Mongolia to Thailand,
Sh. Odonbaatar, Ambassador Extraordinary and Plenipotentiary of Mongolia

The Speaker of the Parliament D.Demberel has received today Japanese
delegation headed by Fumiya Kokubu, vice president of Marubeni Corporation. The
delegation introduced ongoing process of Japanese-Mongolian joint refinery in
Darkhan-Uul province.

The Marubeni Corporation has interest on Mongolian market
and expanding their activities in

The
National Geographic Society has awarded “Irmuun” publishing company of Mongolia
a right to publish Mongolian version of National Geographic Kids, National
Geographic, National Geographic Traveler.

First issue of magazin will launch next October. Mongolian journalists
and photographer will work for Mongolian version of