The Executive Board of the Bank of Mongolia has decided to grant permission to the Industrial and Commercial Bank of China to open a representation in Ulaanbaatar.

The General Agency for Specialised Inspection has seized 482.3 grams of gold from illegal miners. The gold, in the form of 926.26 carat bars has been handed to the treasury of the Bank of Mongolia.

Cabinet has backed an idea to soften visa requirements for tourist groups in order to provide a boost for this important sector of the economy.

China has closed the Bayankhoshuu border crossing, located in the Khalkh River Soum (district) of Dornod Province in the east of Mongolia.

Mongolian ethnic band ‘Khusugtun’, will begin its world tour with a performance in Brazil on 19th of January.

M.Enkhbold,  Speaker of Mongolian Parliament will conduct a working visit to Japan in February. During the visit, M.Enkhbold is to meet his counterpart to discuss the medium term actions of the Strategic Partnership Programme between Mongolia and Japan.

The Mongolian Cabinet has approved a resolution to establish a Tourism Development Centre.

The Ministry of Mining and Heavy Industry of Mongolia is drafting a new Mining Law to regulate all mine-related business from starting operations to the mine closure.

We will soon know who the person or persons were that gave the order to kill S.Zorig, one of the heroes of Mongolia’s peaceful transition to democracy.

The Mongolian capital, Ulaanbaatar, currently faces many problems such as air pollution and traffic congestion.