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Mongolia to begin paying foreign debts from 2021

The Mongolian economy will face challenges in 2021 when repayment of foreign debts begins, J.Delgersdaikhan has said. The specialist, who is a lecturer at the the University of Finance and Economics was speaking  at a conference entitled the ‘Balance of

Mongolian mother gets suspended sentence for smuggling cigarettes

Batchullun Pureevjal, a 33-year-old Mongolian student has escaped deportation and has received a two-year suspended sentence for smuggling €12,400 of cigarettes into Ireland, after she pleaded guilty to possessing 39,000 cigarettes in her luggage, with intent to defraud the State,

New Twist to Altantuya murder case

A new twist has been added to the case of the murder of Altantuya Shariibuu, a  young Mongolian woman, in Malaysia in October 2006. The police will now investigate the claim of an MP, Zulkifli Noordin, that he was asked

Government Fund has meant savings, efficiency

Large amounts of money go through the Government Fund every day as all financial transactions of some 5,000 budgeted organizations are recorded there. For example, on March 23, MNT 8.3 billion was put into the Fund and MNT9.6 billion spent

Itgelt lama’s clothes on show

Clothes and other personal items that belonged to Itgelt lama are on show at Zanabazar Museum yesterday until April 7. Officials and visitors were surprised that the temperature in the hall, never allowed to exceed +7 C automatically rose to

Eight Bulgan school children still in hospital

Of the 212 3rd-5th grade students and seven teachers In Secondary School No.12 of Bulgan province of Khovd aimag who showed symptoms of food poisoning after the school lunch on March 19, 126 students and all the teachers were taken

Philippines donates US$20,000 to Mongolia

The Philippine Embassy in Beijing has said that the Philippine Ambassador to China Francisco Benedicto handed over a check of US$20,000 to Mongolian Ambassador to China Tsedenjav Sukhbaatar at the Mongolian Embassy in Beijing. The amount represented the Philippine Government”s

Citizens over 60 free to adopt children

The Constitutional Court yesterday ruled that Article 57.2 of Family Law disallowing citizens over 60 from adopting children violates the State Constitution which clearly says there can be no age-related discrimination.
Thus, citizens over 60 years of age will be free

Temasek eyeing Mongolia

Singapore sovereign wealth fund Temasek Holdings wants to increase its exposure to mining in Mongolia. “We have made investments there and we are fairly bullish about Mongolia,” said  Nagi Hamiyeh, managing director of investments at Temasek, on the sidelines of

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