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Ice Challenge Mongolia!

The Karakorum Ice Festival and Climbing Championship is to be held at the Orkhon Waterfall in Bat-Ulzii Soum of Mongolia’s Uvurkhangai Province this weekend. The competition is co-organized by the Ministry of Environment and Tourism, the Governor’s Office of Uvurkhangai

Ch.Khurelbaatar: The decision to raise electricity tariffs is wrong

MP and Minister of Mongolia, Ch.Khurelbaatar, talks about the decision of the Council of Regulators of the Energy Regulation Department to raise electricity and heating tariffs and explains the Government’s position in answer to questions.
The Energy Regulation Department has decided

S.Bayartsogt: Reforms will mean better budgets and easier implementation

Minister for Finance S.Bayartsogt answers questions on recent developments in the economic situation of Mongolia.
What is the benefit of having a budget stability law?
The Law about Administration of Budgeted Organizations and Finance regulates the issues regarding budget making, financing and

Working group to examine electricity and heating tariffs

A meeting of representatives from the Mongolian Labor Union, the Union of Employers and the Energy Regulation Department discussed the decision to raise electricity and heating prices with effect from January 15, and decided to set up a working group

New insurance payment rates announced

The Government has fixed the amount of health insurance payment for 2010. Salaried workers will continue to pay 4 percent of their total income, but rates have changed for those whose insurance is paid by the Government.  They include children,

Things you wanted to know about the new health insurance

The recent changes in the health insurance system have confused citizens and they cannot easily find an explanation of the new rules. N.Oyungerel of the Ministry of Health answers our questions on the issue.

What are the new areas now covered

SouthGobi Energy seeks to raise USD400 million from Hong Kong IPO

Canada-listed mining group SouthGobi Energy Resources Ltd plans to raise about USD400 million from a Hong Kong initial public offering this month, according to a term sheet obtained by Reuters. SouthGobi, which started IPO premarketing earlier this week, is focused

Labor leader opposes energy tariff rise

Head of the Mongolian Labor Union S.Ganbaatar has asked for a meeting with the Prime Minister to discuss the increase in electricity rates. He is yet to receive a reply to his letter sent just before the New Year.
“It is

2 die of swine flu in Khuvsgul, quarantine in force

Parts of Khuvsgul province continue to be under quarantine to halt the spread of the A/H1N1 influenza virus.  Schools and kindergartens have remained closed since December 28. According to L.Damdinsuren of the provincial hospital, six of the 49 registered cases