The Standing Committee on the Economy yesterday reviewed the work report of the Financial Regulatory Authority (FRA) and found its performance satisfactory. The FRA has mentioned certain obstacles to its working better. One is that its computers are not high-speed

MCS International LLC has won the tender to build the transmission lines for a power plant to come up in the near future to provide electricity to some parts of the gobi and to mines there. A 12-mw power station

UN Under-Secretary-General and Executive Secretary of the Economic and Social Commission for Asia and Pacific Noleen Heyzer is officially visiting Mongolia between April 11 and 15 on an invitation from Foreign Minister G.Zandanshatar. She has called on President Ts.Elbegdorj and

President Ts.Elbegdorj on Monday discussed distribution of Tavantolgoi shares with Deputy Prime Minister N.Altankhuyag, Minister for Finance S.Bayartsogt, Chairman of the Cabinet Secretariat Ch.Khurelbaatar, Chief of the State Property Committee D.Sugar and Director of Erdenes MGL LLC and of Erdenes

Mayor G.Munkhbayar on Tuesday received representatives of the Hyundai Group of South Korea that has offered help to improve taxi service in Ulaanbaatar. He asked the company to set up a factory in Mongolia to produce not only cars but

 The Ministry of Justice and Internal Affairs is implementing a World Bank program to create better public awareness of laws and legal services available to the people. As part of this, all laws will be produced in Braille and be

President Ts.Elbegdorj yesterday received a parliamentary delegation from Kirgizstan headed by the Deputy Speaker of Parliament, Bakit Torobaev. Kirgizstan passed its new Constitution in 2010 and chose parliamentary democracy. Its President, Mrs. R.Otunbaeva, requested President Ts.Elbegdorj for help in developing

The production of Verdi’s Aida at the State Theater of Opera and Ballet on April 30 will have A.P.Chepurnoi of Russian conducting the music. This will be the Theater’s first production of the opera. Honored artist S.Munguntsetseg will take the

Minister for Finance S.Bayartsogt visited building material factories in Khutul in Saikhan soum of Selenge aimag over the weekend. The cement and lime factory there was established in 1984, and produced 219,000 tons of cement and 40,200 tons of lime

The MPP group in Parliament yesterday discussed implementation of the Government program between 2008 and 2012 and basic socio-economic trends at the moment. Group chief D.Lundeejantsan told media that the Chairman of the Cabinet Secretariat, Ch.Khurelbaatar, Ministers, Deputy Ministers and