The Government
yesterday named Ch.Gankhuyag, former Chief of the Representative Managing
Council of Khas Bank and the Director of Tenger Financing Group, as the new
Deputy Minister of Finance.
Ch.Gankhuyag was born in 1973 and lives with his wife and three children. He
was educated

The weather will be
colder from next week but J.Tsogt of the Meteorological Office has dismissed
all talk that the temperature can fall to -50 degrees at the end of December. December
and January are the coldest months when temperatures can drop to

A new bone marrow transplant
section was inaugurated yesterday at the State Clinical Hospital. People with
blood cancer and other blood-related problems can now get treatment at home and
not have to go to foreign countries. The number of such patients has increased
22.7%

D.Amarsaikhan, Chairman
of the Oil Board, has said the Government yesterday decided to increase some
excise tax rates on petroleum products. Russia had announced a rise in oil prices
from the beginning of December, but a visit by Minister of Mineral Resources
and Energy

A Mongolia-Thailand
business forum was held in Bangkok on December 7 as part of the official visit
of Foreign Minister G.Zandanshatar to Thailand. It was organized jointly by the
Foreign Investment and Foreign Trade Agency (FIFTA) at the Ministry of Foreign
Affairs and Trade

Rio Tinto and Ivanhoe Mines have
called a truce, which will result in the international mining giant providing
billions of dollars in financing and assuming management of Ivanhoe”s Oyutolgoi
copper-gold project in Mongolia. The mining companies had been in a fight over
Ivanhoe”s institution

Prime
Minister S.Batbold, Minister of Finance S.Bayartsogt and Minister of Mineral
Resources and Energy D.Zorigt yesterday told media that negotiations are
continuing on some changes the Government has suggested in the Oyutolgoi
shareholders’ agreement and hoped that the issue will be resolved by the

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Despite the presence
of many governmental and non governmental organizations that work for children
and receive substantial amounts of money, the status of children’s rights and
the condition of many children continue to be alarming. Sexual abuse of minor
girls is on the rise