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MNCCI urges MPs to implement 39th Order on Tavantolgoi

The Mongolian National Chamber of
Commerce and Industry (MNCCI) has sent an open note to all MPs about the delay
in formally naming the operators of the Tavantolgoi deposit. There is suspicion
that Parliament deliberately put off discussion on the issue before it

North Korea wants more bilateral cooperation

The visiting
North Korean delegation led by Foreign Minister Park Ui Chun yesterday called on Prime Minister S. Batbold to discuss
wider cooperation with Mongolia.  They
said North Korea would observe the 100th birth anniversary of
Eternal President Kim Il Sung with accelerated economic

Judge General discusses judicial reforms with German team

Judge General of the State Supreme Court and Chief of the Judge’ General
Council Ts. Zorig received on Monday a German delegation led by the Deputy
Premier of Hesse in Germany. Zorig acquainted the visitors with
the judicial reform program initiated at the

Industrial production up 10.4%

According to data released by the National Statistics Committee,
industrial production increased by MNT87.9 billion or 10.4% in June, 2011 over
June, 2010. Total production was worth MNT936.4 billion.

Production was higher in cashmere, knitwear, carpet, steel, meat,
alcohol, juice, beverage, beer, tobacco,

Prices rise marginally

The National Statistics Committee
said on July 10 that the consumer price index rose 0.4% in June over May. Core
inflation stood at 9.8%.

The state budget has a surplus
but unemployment has increased not only in Ulaanbaatar but also in the
provinces. Foreign

Road construction companies attend demonstration

The New Construction program passed by Parliament in 2010 calls for
motor roads to connect Ulaanbaatar with all aimag centers. This year’s budget has
allocated MNT6.4 billion for construction of such roads.

The Auto Road Office recently arranged for representatives of 21

SME makes good progress in Khovd aimag

The SME program of the Government has been making good progress in Khovd
aimag. Altogether MNT216 million has been lent to individuals and organizations
in the last two years and a number of new manufacturing units have come up.
More than 150 units 

Petrol stations operating without permission

The State Specialized Inspecting Agency has checked conditions in 61
petroleum and inflammable gas storage facilities, and 636 petrol stations in
Ulaanbaatar and all 21 aimags. It has found that 72 of these did not have
permission from any proper authority. Many fuel

Foreign Minister of North Korea in Mongolia

The Foreign Minister of North Korea, Park Ui-chun,
is officially visiting Mongolia between July 17 and 20. Foreign Minister G.Zandanshatar
visited North Korea in 2010. Apart from holding talks with officials in the
Foreign Ministry, Park will call on Prime Minister S. Batbold.

Motherland Allowance will be distributed through Savings Bank

Welfare Service Department Chief at
the Ministry of Social Welfare and Labor D. Choijilsuren has said that the
Motherland Allowance will from now on be distributed through the Savings Bank.
All related data held by Khan Bank, which was responsible for the work

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