R.Sarantsetseg, Chairman of Currency Policy Sector of Currency
Policy and Research Board, has said it is too early to say that the recent drop
in inflation will continue for the rest of the year. Many factors have to be
kept in mind and

A consultative meeting of Mongolian and German Foreign
Affairs Ministries was held last week in Ulaanbaatar. The Mongolian side was
led by D.Tsogtbaatar, State Secretary at the Ministry, while S.Nunn, of the
Asian Desk in the Ministry, headed the German delegation.  Both said

Deputy Minister of Food, Agriculture, and Light Industry
Kh.Zoljargal has said that contrary to the prevalent practice of entrusting the
National Emergency Mitigation Agency with the responsibility of storing hay and
fodder, this year every district has been asked to prepare 100-180 tons

Mongolia remains among the 10 least unattractive places
to work in, according to an update of the Fraser Institute”s annual survey of
mining companies. The other 9 in the bottom square are Ecuador, Kazakhstan,
Bolivia, Venezuela, Zimbabwe, Russia, Colorado, Indonesia, and Tasmania.

The big

Among those bidding to be chosen to manage and coordinate
the work of the proposed Mongolian Stock Exchange joint venture is a
partnership enterprise between Mosdaq of Mongolia and NASDAQ OMX, the world’s
largest exchange company. The Government expects the JV to substantially
increase

The World Bank and the Mongolian
Government launched an index-based livestock insurance project on a trial basis
in 2005. Its success in the years following led to its extension to new areas
every year.  The goal now is to have all
livestock of Mongolia

Hot-air balloons set off
from Khustai Nuruu of Tuv province on Friday. The scheduled destination of
Sukhbaatar Square had to be changed because air-space laws do not permit such
flights near the square. Adventurers from England, France, Germany and Switzerland
are taking part in

Some secondary schools,
including No.79 of Bayanzurkh, No. 24 of Chingeltei and No. 1 of Sukhbaatar
district, will this year arrange lessons to give some general idea on taxes for
their elementary and middle grade pupils. Two other schools selected for this
program are

Some schools and
kindergartens may reopen late this year as with only a week left for the start
of the new academic year, repair and extension work is only 70 percent complete
in most places, and less in some others. This year, 137

A former member of Anod’s Representing
Administrative Board, N.Davaa, told a press conference some time ago that a
major reason why the bank failed was that the Olon Ovoot gold mine’s license,
kept with the bank as collateral, was taken away without any