MPs including Deputy Speakers N.Enkhbold and G.Batkhuu, S.Byambatsogt
and Ts.Bayarsaikhan submitted a draft law on Savings and Loan
Cooperatives (SLCs) to Speaker D.Demberel on Friday. The draft has been
prepared after careful study. It has 11 chapters and 57 Articles

The General Tax Office has established a working group to collect the outstanding tax dues of Altandornod Mongol LLC owned by S.V.Paushok. The gold mining company owes MNT67 billion in unpaid taxes. A court has already rejected the company’s plea

An exhibition of felt products was opened today in Chinggis Hotel. The felt producers organizations that have sponsored the exhibition will give an award to the best product and MNT1 million to the best idea. Models of Era agency displayed

The Government will soon issue bonds for MNT110 billion and carrying 7% interest, to raise money to support the wool and cashmere sector. Several MPs say it has already been decided which companies will get most of the help. Reports

Prime Minister S.Batbold was among those who attended the state consultative meeting of the eastern region on the Mongol Livestock Program, held over the weekend in Choibalsan in Dornod aimag. Addressing the 200 delegates, who included Governors of Dornod, Khentii

The Mineral Resources Authority has revealed that around 50 organizations currently exploit coal in 36 mines. Two of these are state owned, three are owned by province administrations, and the remaining 45 are private companies. According to the Authority, Mongolia

The Foreign Investment and Foreign Trade Agency (FIFTA) is organizing a Mongolia-Ukraine business forum on May 23 in Ulaanbaatar. It will focus on three sectors: food and agriculture, machinery, and construction and production of building material. FIFTA will hold a

A discussion on the DP’s Mongol Citizen 2020 program was organized in Sukhbaatar district last Friday. The Chief of the President’s Office, D.Battulga, the Chief of the DP in Ulaanbaatar, Sh.Tuvdendorj, and officials and citizens of the district attended the

A Mongolian team headed by Minister for Finance S.Bayartsogt returned home yesterday after taking part in the 44th Annual Meeting of the Board of Governors of the Asian Development Bank in Hanoi between May 3 and 6. The Minister held

Speaker D.Demberel on Friday received a delegation headed by the Governor of the People’s Bank of China, Zhou Xiaochuan. The Chief of the Standing Committee on the Budget, D.Khayankhyarvaa, Advisor to the Speaker D.Davaasambuu, President of the Mongol Bank L.Purevdorj