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K. Erdenbeleg keeps motocross title

Defending champion K. Erdenbeleg, known as  the “Mongolian Express”, fashioned out a come-from-behind win in the first heat and led from the start of the next to retain his title in the recent 2010 FIM Asian Motocross Series first leg

Trade Union chief named best manager

The Mongolian Management Association has named the President of the Mongolian Confederation of Trade Unions, S.Ganbaatar, the Best Manager of the Year. The citation refers to Ganbaatar’s success in setting up sub-committees in provinces, districts and in Ulaanbaatar to solve

Mongolia short of cashmere as prices rise globally

The demand for cashmere is increasing in the world market offering a great opportunity to Mongolia, but the problem is that the country is now short of cashmere. Prices have doubled to MNT 40,000 per kilo in only a short

World Bank names new Country Director

Klaus Rohland has been named the next World Bank Country Director of Mongolia, China and the Republic of Korea. He will be based in Beijing. This is his fourth term as Country Director with the Bank. He has served in

Mardai licenses to be regularized

According to a briefing by the Director of the Government Office, Ch.Khurelbaatar, the Government meeting on Thursday heard the report of the Director of the Nuclear Energy Authority on several issues in the uranium sector, including how licenses are issued

Handouts will never reduce poverty: S.Oyun

S. Oyun, the Civil Will MP, has noted that the budget is twice as big as it was 20 years ago, GDP has increased 50%, but the poverty percentage remains the same as in 1990. This is despite the fact

MNT 30 billion allocated for SME loans starting May

MNT 30 billion will be given as loans to support small and medium enterprises (SMEs). Of this, MNT 10.5 billion will be spent in 21 provinces, MNT 5 billion in UB, MNT 5 billion for leasing loans, MNT 9 billion

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