The Financial Stability Council met on Wednesday to discuss proposed amendments to the law on the Development Bank (DB). The law on the DB was passed by Parliament on February 10, 2011, but it does not include provisions for regulating

President Ts.Elbegdorj sent a note about the resignation of DP ministers and the appointment of their MPP replacements to Prime Minister S.Batbold on Wednesday. He wrote that the following DP ministers have submitted resignations: First Deputy Prime Minister N.Altankhuyag, Finance

Global miner Rio Tinto is clear to take over the Oyutolgoi project, which promises to be one of the world’s largest copper-gold mines, after project owner Ivanhoe Mines decided to scrap a controversial “poison pill” that would have allowed it

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On Tuesday, officials with the Consumers Rights Protection Association announced they have sent a note to the Government saying petroleum importers have increased gasoline prices for no good reason. Association Secretary General D.Chuluunbaatar spoke with our correspondent about the issue.

Foreign Affairs and Trade Minister G.Zandanshatar spoke with our correspondent about his recent trip to China. He said the official visit has deepened bilateral relations between the two nations and strengthened mutual trust. He said the two sides reached agreements

The “Investment 2012” conference will be held in the Children’s Palace on January 20 at the initiation of Mayor G.Munkhbayar.Ulaanbaatar Administration’s Finance and Treasury Department, the Investment Office, the Ulaanbaatar Auto Road Office, and the Mayor’s Office are organizing the

Violinist O.Baigal will perform her composition “Songodog Egshiglen” at the State Academic Theatre of Opera and Ballet on January 27. Theatre conductor N.Tuulaikhuu will conduct the symphony orchestra, University of Culture and Art instructor L.Altanchimeg will produce the performance, music

The Consumers Rights Protection Association says petroleum importers have increased gasoline prices unreasonably. The group says prices should have risen no more than MNT 100 to MNT 170 a liter, considering the tugrik’s rate against U.S. dollar. Under the law

The Government on Wednesday fired S.Enkhbat, the head of the Nuclear Energy Authority (NEA). Last fall the Government sacked NEA Deputy Director R.Badamdamdin. It is believed the officials have been dismissed for their roles in the controversy surrounding reports that