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Committee discusses preparations for Naadam

The Committee to Organize
National Celebrations met on Thursday to discuss 15 issues related to this
year’s Naadam. These included the horse race, preparation of the area,
lighting, parking, and road repairs. Deputy Prime Minister and chief of the
committee M.Enkhbold asked officials to

Korean help for savings insurance scheme

A memorandum of understanding was signed between the
Mongol Bank, the Ministry of Finance, and the Savings Insurance Corporation of
South Korea on Thursday to introduce and popularize savings insurance in Mongolia.
Finance Minister Ch.Gankhuyag and the Director of the Korean company attended
the

Lawyers discuss increase in theft cases

Practicing lawyers, employees
of legal organizations, and legal scholars took part in a conference on Thursday
in Khangardi Palace to discuss why cases of theft were rising, and what
deterrent and other measures were called for.
According to the Chief of Ulaanbaatar Civil

ADB to help choose teams to help build power plant

The Asian Development Bank has agreed to help The
Ministry of Mineral Resources and Energy and the State Property Committee in
preparing the tender for international companies to help build the 5th
power plant as public- private-partnership, in negotiating terms and conditions
with the

Inflation becomes 9.8%

The Mongol Bank revealed at its monthly press conference yesterday that inflation has increased in Ulaanbaatar by 2.8% and in the state by 1.8%, reaching 9.8%. Prices of meat, vegetable and building materials rose mainly as supply was affected because

DP group to stay away from Parliamentary work

The DP group held a special meeting, yesterday and at its conclusion announced that they will not take further part in Parliamentary work until differences over a draft law on the election system were resolved. The group chief, Ch.Saikhanbileg, said

Six members of civil movement arrested

Six members of the Managing Council of Gal Undesten Union have been arrested for 30 days. The charge against them has not been made public but it is likely to be unauthorized use of firearms. Ts.Munkhbayar, M.Baatarkhuyag and D.Tumurbaatar have

New evidence presented in support of Khurts

A London court is hearing the appeal of B.Khurts, Administration Chief at the National Security Council, against the order for his extradition to Germany. Yesterday’s session was spread over more than ten hours with the two sides clashing over new

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