Starting from yesterday (16 January), pensioners will be able to take out one-year loans at an interest rate of 12 percent.

Yesterday, Turquoise Hill Resources announced that Oyu Tolgoi LLC has received, and is evaluating, a Tax Act (“tax assessment”) for approximately USD155 million from the Mongolian Tax Authority relating to an audit on taxes imposed and paid by Oyu Tolgoi LLC between 2013 and 2015.

Representatives of the Office of Democratic Institutions and Human Rights (ODIHR) of the Organization for Security and Co-operation in Europe (OSCE) have submitted their review of the Mongolian presidential election which took place on 26 June 2017.

In November 2016, ‘City Display’ LLC placed a large LED screen in the heart of Ulaanbaatar in front of the Blue Sky Hotel for the purpose of advertising. At first, only five companies used it for advertising; however, today, it has become immensely popular.

Mongolian state-honoured author and ‘poet of the people’ B.Lkhagvasuren underwent surgery in South Korea on 10 January.

Today, Mongolian Prime Minister U.Khurelsukh concluded his three-day visit to South Korea. During the trip, he met with South Korean President Moon Jae-in and negotiated with his counterpart Lee Nak-yeong.

Today, Mongolian Prime Minister U.Khurelsukh concluded his three-day visit to South Korea. During the trip, he met with South Korean President Moon Jae-in and negotiated with his counterpart Lee Nak-yeong.

The main result of the visit is that a soft-loan deal

The parliamentary women’s group has held a meeting with the ambassadors of 15 countries.

Kh.Battulga, President of Mongolia has held his first direct meetings with the public since being elected last June.

In Uvurkhangai, Mongolia’s southernmost province there has been a very heavy snowfall of up to 90 cm. As a result the authorities have declared an emergency “zud” situation.