The Standing Committee on Security and Foreign Policy discussed the proposed 2012 general budget for the second time on Wednesday.Members decided to deliver their suggestions and opinions on the proposed budget, as well as on the social insurance and Human

At its meeting on Wednesday, the Government decided to issue shares of Erdenes Tavantolgoi LLC on the Mongolian, Hong Kong, and London stock exchanges Cabinet Secretariat Chief Ch.Khurelbaatar told journalists that Erdenes Tavantolgoi plc (public limited company) will be established

MP Z.Enkhbold answered our correspondent’s questions relating to election issues.Q: The MPP and DP caucuses are working on a draft election law. Would the DP like to suggest anything new to the MPP?A: The two parties have agreed to 26

The Standing Committee on Economics discussed the establishment of an outsourcing center in Mongolia. A 2008-2012 government program aims to establish an outsourcing sector on Mongolia comprising USD 150 million and 10,000 employees. Along those lines, the Indian government has

The Designers’ Union of Mongolia is organizing the fashion show Goyol 2012 at the Cultural Palace and UB Palace from December 1 to 7. The Goyol fashion show has been held since 1988 to allow designers to show their works.

Delegates from the city of Tianjin, China are visiting Ulaanbaatar. The Chinese delegation is headed by Hu Bun, the chief of the People’s Representatives Assembly.Chief of Ulaanbaatar Civil Representatives Assembly T.Bilegt received the delegates on Tuesday. He noted that Tianjin

At Wednesday’s Government meeting, members decided to repeal the excise tax on diesel fuel because Russia has increased its tax on the fuel by USD 70 per ton.By repealing the excise tax, the Government hopes the price of diesel fuel

The Green Party (GP) has declared it will fight for a “clean state”. The GP says it has decided to implement its duty to the people and will begin a historic event in the country.The declaration states that the party

The Standing Committee on Justice discussed a draft law on anti-corruption on Tuesday. During the discussion, members raised the issue of appointing a new head of the Anti Corruption Authority (ACA). N.Enkhbold said the current anti-corruption law has a provision

Golomt Bank Becomes First Mongolian Bank to Secure Ratings fromthe Two Leading Global Credit Rating AgenciesGolomt Bank is pleased to announce that it has become the first Mongolian bank to be assigned ratings from the world”s two leading global credit