A
statue of freedom fighter and governor of Khotgoid, Chingunjav (1710-1757) was
erected in Murun city of Khuvsgul province yesterday. It is the work of
sculptor A.Ochirbold and shows Chingunjav on a galloping horse, wearing a coat
of armor, and carrying a bow and

The
Central Bank has announced that all accounts with Anod Bank have been
transferred to Savings Bank. The Mongol Shuudan Bank building behind the Central
Post Office is now the central office of Savings Bank, while its main branch is
near Mongolbank. All issues

Four
of the 20 South Korean citizens investigated in the case of the seizure of 356 narcotic
pills from a passenger on a MIAT flight from Seoul on July 16 have been
arrested. They will now be interrogated further.

In
an exclusive interview Yokozuna Hakuho, in Mongolia for a much-deserved rest
after winning three successive bashos without losing a single bout, says what
it feels like to remain undefeated in 47 consecutive appearances on the ring, and
yet unable to hold the Emperor’s

The National Statistical Office has
revealed social and economic figures for June and, in some cases, for the first
six months of the year.

Consumer price index
The national consumer price index in June dropped 1.5 percent from May but was
11.4 percent higher

Mongolia Development
Resources (MDR) has become the first
investment holding company listed on the Mongolia Stock Exchange (MSE). The
company shares resumed trading on MSE on July 15, following the approval of the
new charter and new prospectus by the Financial Regulatory Commission. MDR
shares

Over the last 12 months,
Mongolia has become an attractive investment destination for companies listed
on the Hong Kong Stock Exchange (HKEx). Several such companies have acquired
resource assets in Mongolia worth USD966 million in M&A deals. All recent
Mongolia M&A deals in which

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