News.MN - The source of news

New Mongolian PM appoints his Cabinet

“The geopolitical situation is becoming increasingly complex. The government decided to immediately begin work and maintain the continuity of state policy. Therefore, a third of the previous government is retained,” G.Zandanshatar said.

U.Munkh-Erdene to fight for bronze

Asian boxing champion U.Munkh-Erdene defeated an Iranian boxer on points Tuesday at the 2011 AIBA World Boxing Championships in Baku, Azerbaijan. The 24-9 victory earns Munkh-Erdene a spot in the 2012 London Olympics. On Thursday, Munkh-Erdene will fight an Italian

State Supreme Court to consider environmental cases

Sources say the State Supreme Court (SSC) will consider complaints lodged by an environmental group next week. Civil Movement’s United for Rivers and Lakes has twice filed complaints alleging that the Government has ignored or allowed to occur environmental damage

B.Batjargal replaces Ch.Khashchuluun at Development Bank

The Government has appointed B.Batjargal, head of the budget policy board at the Ministry of Finance, to replace Ch.Khashchuluun as the head of the Development Bank’s representative managing council.Ch.Khashchuluun was dismissed last Friday, because the Government felt the head of

Financial oversight council meets

A council headed by Finance Minister S.Bayartsogt met on Tuesday and discussed several issues, including plans to liquidate the defunct Anod and Zoos banks, and to speed repayment of Government bonds. Mongol Bank Deputy President B.Javkhlan said banking data kept

S.Ganbaatar: Salaries should be tripled

S.Ganbaatar, the president of the Confederation of Trade Unions, answered our correspondent’s questions.Q: The Government has decided to increase state workers’ salaries and pensions by 53 percent in the 2012 budget. Are you satisfied with that?A: We have demanded several

MPs not satisfied with PM’s Oyutolgoi response

Twenty MPs who delivered a note about the Oyutolgoi investment agreement to Prime Minister S.Batbold on September 7 are not happy with the response. They demanded a reply from the prime minister by October 1. Instead they got a reply

Mongolians seeking work in Korea rush to get health exams

More than 5,000 Mongolians hoping to work in South Korea are scrambling to get exams proving they are in good health. The prospective workers have already taken a Korean language examination. On October 1 they were abruptly notified that they

P.Serdamba earns Olympic spot

On Tuesday, 2008 Olympic silver medalist and world champion P.Serdamba defeated Columbian boxer Ceiber Avilla by one point, 13-12, at the 2011 AIBA World Boxing Championships in Baku, Azerbaijan.That means P.Serdamba has earned a spot in the 2012 London Olympics

MPP: 2011 budget needs urgent revision

The MPP caucus in Parliament discussed the 2011 state budget on Monday, and the deputy leader of the caucus, Su.Batbold, told members that the budget should be urgently revised. Members said increasing investment was a priority, and they would submit

HeartHeartHahaHahaLoveLoveWowWowYayYaySadSadPoopPoopAngryAngry