The Standing Committee on the Economy today discussed a proposal of the Government asking for MNT110 billion to support the wool and cashmere sector, at a time when world demand for cashmere is on the rise. Some members thought any

IM B.Munguntuul finished eighth in the 10th Asian Continental Individual Championship in Mashhad, Iran that ended on May 10, with 28 Grandmasters and 11 Women Grandmasters leading the field of the Open and Women”s Championship, respectively. Munguntuul’s final tally was

M.Erdenebold followed up on winning a silver medal at the recent East Asian Sambo Wrestling Championship, by claiming two medals from US Open in New York on May 7 and 8. With some 100 athletes from 15 countries in the

The Mongolian Ambassador to Great Britain, B.Altangerel, and an embassy official, Ts.Bolor, will be present when a British court hears on Friday the appeal of B.Khurts, Chief of Administration at the National Security Council, against a February 18 order for

Losses during electricity transmission and distribution in the central region were brought down 19.4% in the one year since April, 2010. The region distributed 43.1 million kw more of energy in April, 2011 than it did in April, 2010. A

The Chamber of Civil Matters of the State Supreme Court yesterday rejected a plea from the Civil Will and Green Parties to register their alliance. The court ruled that the decisions of the special General Assemblies of both parties that

Minister for Foreign Affairs G.Zandanshatar yesterday received Japanese Ambassador T.Kidokoro at the latter’s request. In the course of exchanging views on bilateral relations and cooperation, Zandanshatar suggested an early follow-up on the intent to develop Strategic Partnership Relations, as mentioned

The World Bank’s Board of Executive Directors in Washington yesterday approved an investment credit of USD25.0 million for the Mining Infrastructure Investment Support Project (MINIS) in M ongolia.  The objectives of this project are to facilitate investments in infrastructure to

Altai Cashmere LLC, owned by Prime Minister S.Batbold, has withdrawn from Mongol Negtgel, an umbrellaorganization of cashmere producers, following the controversy over low-interest Government loans to companies in the sector from  money raised through sale of bonds.   The Government

The advocates for the convicted member of the Representatives Managing Council of the Anod Bank, N.Davaa, today told a press conference that their client had submitted to the Anti Corruption Authority (ACA) information about several state officials, including Chief of