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President opens second day’s meeting of Economic Forum

The second and concluding day’s meeting of the Mongolia Economic Forum began this morning with an address by President Ts.Elbegdorj who asked for an open exchange of opinions from all interested in development. Jeffry Frankel, who teaches at Harvard University,

Three die in Bayanzurkh district fire

Two men and a woman died when a house in the fourth khoroo of Bayanzurkh district caught fire last night. Police will formally announce the cause of death after a post mortem. So far in 2011, fires have claimed 8

Ulaanbaatar Metro to be ready by 2017

Su Song and Seoul Metro Consortium of South Korea has been selected to build an underground railway in Ulaanbaatar. The railway will have two main lines. One, from the western part of Ulaanbaatar to Amgalan, will cover 28.3 km, and

Hunting quota for tourists reduced

The Government yesterday fixed this year’s quota of wild animals that can be hunted by tourists or for special purposes. Minister for Nature, Environment and Tourism L.Gansukh gives more details in answer to our reporter’s questions.What is this year’s quota?The

Altankhuyag visits training center, SME projects in Dornogobi aimag

During his recent visit to Dornogobi aimag, First Deputy Prime Minister N.Altankhuyag visited economic entities that had taken loans from the SME Support Fund. He also visited the Professional Training Center of Sainshand where 88 students are being trained as

Fuel price unlikely to increase

An official at the Oil Authority has said fuel prices are unlikely to increase, despite the rise in global prices. 

Mongolia ranks low in competitiveness

The Economic Policy and Competition Center has put Mongolia last among15 countries studied for competitiveness. Also the World Economic Forum has ranked Mongolia 118th among 133 countries, after a survey of economic entities in every sector. High inflation, poor infrastructure

No chance of L.Baigalmaa returning to Mongolia

The Chief of the Consulate Section in the Ministry of Foreign Affairs, D.Gankhuyag, has denied rumors that L.Baigalmaa, who is serving a life sentence in China for drug trafficking, is to be brought back to Mongolia.  Gankhuyag said that Mongolia

Women’s NGOs support President’s call to shun alcohol

Several NGOs focused on women, such as the Women Leaders Foundation, and the President’s Office yesterday held a meeting to express support for President Ts.Elbegdorj’s appeal to women to celebrate International Women’s Day on March 8  without alcohol.Apart from NGOs’

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