On Wednesday, at a meeting of the Standing Committee on Social Policy, Education, Culture and Science, members approved a draft law to increase pensions. MPs supported allocating pension increases from the 2012 state budget to support the welfare of elderly

The Mongolian Stock Exchange (MSE) issued its 2011 report on Tuesday. According to the report, MNT 236 billion in stock was traded on the MSE last year. The MSE also collected MNT 2 billion from selling government bonds. The MSE

The Standing Committee on Economics approved a draft law on savings insurance on Tuesday. Members said the draft would implement international standards to prevent a financial crisis and cut administrative costs. The draft covers three areas: lenders of last resort;

The Sukhbaatar district’s Civil Representatives Assembly has issued a
protocol to ban smoking in public places in the district, including
Sukhbaatar Square.
The protocol says the district will be a smoke-free place, and
businesses, restaurants, bars, clubs, and public toilets

The Standing Committee on State Structure on Tuesday discussed the final versions of two draft laws on press freedom, one submitted by the Government and one submitted by the president. Both versions were approved for further discussion in Parliament. The

On Tuesday, the Standing Committee on Budget approved and sent to Parliament draft laws that would exempt agricultural equipment from value-added and customs taxes. The draft laws were submitted by the Government and a group of MPs headed by Deputy

The Canadian mining company Kincora Copper announced on Monday that it has reached a tentative agreement with the Temujin Mining Corporation to acquire Temujin’s mineral exploration licenses in Mongolia.Kincora, which signed a letter of intent, said it will issue 35

Some commentators have blamed rising gasoline and consumer goods prices on the DP’s withdrawal from the coalition government. Our correspondent asked various politicians if they thought that was true.DP Chairman N.Altankhuyag: The accusation could be a political tactic  He stated

Consumers Rights Protection Associations Union officials met with journalists on Tuesday and said they will send a note to the Government saying petroleum importers have increased gasoline prices without any reason.Union Secretary General D.Chuluunbaatar and union officials Ts.Jigden and S.Enkhbat

The Ministry of Mineral Resources and Energy held a seminar on rare mineral development in the Government House on Tuesday. Specialists from Mongolia, Germany, and Canada took part in the seminar. Deputy Speaker N.Enkhbold opened it with a speech, and