For the first time in months, the USD sold for less
than MNT 1300 throughout this week. On Thursday it was MNT1291 in the exchange
market, and marginally more in banks. A Chinese yuan sold for MNT191 and one
ruble for MNT40.90.

B.Ganbold, head of the Asia Desk in the Ministry of Foreign
Affairs and Trade, has said the present 19th North-East Asian
Economic Forum is significant as, apart from Mongolians, it has over 100
delegates from Russia, USA, South Korea, China and Japan, including

D.Tsakhilgaan, a former
ambassador to China and father of Ts.Jargalsaikhan, who was recently sentenced
to 17 years in prison for passing State secrets, said at a   press
conference on Wedenesday that the sentence was too harsh and would very badly
affect the country’s foreign

Nine Mongolians are among
the world’s 1000 PeaceWomen in an exhibition now here after traveling in more
than 60 countries since 2005. The nine work for human rights, civil
communication, environment, education and health.

The traveling exhibition was
brought to Mongolia under the aegis

The consular consultative
meeting between  Mongolia and Republic of
Korea was held on Wednesday. The two sides were led by D.Gankhuyag and Peg Ju
Heong respectively. Both are heads of the consular department in their Foreign
Ministry.

The Mongolian side expressed
its positions and put

The Director of Professional
Education Department of the Ministry of Education, Culture and Science,
M.Baasanjav, met with administration officials of State-owned universities and
institutes on Wednesday to review how they are implementing the Government decision
to transfer 50 percent of school tuition fees from

The MPRP and an NGO, Green Canal, have been working together
for the past two months on a project called Khatan Tuul and Time to raise
public awareness of the threat to the Tuul river. As part of the project, a
press conference

The National Prosecution Agency has observed the 80th
anniversary of its establishment as a legal 
authority affiliated to the Ministry of Justice. For all this period,
prosecutors have served the State and the people by monitoring the work of
filing cases, conducting investigation, and

MP D.Baldan-Ochir (MPRP) feels that the tax policy needs
change, so that personal income tax is made to contribute more to the tax
budget than at present. He rules out tinkering with the rates of corporate
income tax, as that might discourage badly

According to officials of the Ministry of Road,
Transportation, Construction, and Urban Development, several foreign companies
have shown interest in investing in infrastructure-related projects. The
recently passed Concession Law applies to 99 projects, of which 72 are under
the Ministry. Most of the proposals