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‘Auto Trade Centre’ protest

Mongolian businessmen who have invested MNT 10 billion in the new “Auto Trade Centre” made an official protest to the Ulaanbaatar City Administration on 21st of August.

Mongolia loses 20-50 percent of its crops

This year, more than 30 percent of territory of Mongolia has suffered as a result of severe drought. In a statement by P.Sergelen, Minister of Food, Agriculture and Light Industries, approximately 20 percent of crops in Selenge and 50 percent in Tuv provinces have been lost this summer due to the extreme drought.

Mongolian real estate price falls

The housing price index (HPI) has declined by 0.74 percent over the last month to 1.00, as shown in the Mongol Bank’s July real estate report.

Russian troops to train with Mongolians in the Gobi

Up to 500 Russian and about the same number of Mongolian servicemen will be involved in the Selenga 2017 joint Russian-Mongolian military drills in a desert region of the central Asian nation, the press service of the Russian Eastern Military District said on Thursday.

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