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New Mongolian PM appoints his Cabinet

“The geopolitical situation is becoming increasingly complex. The government decided to immediately begin work and maintain the continuity of state policy. Therefore, a third of the previous government is retained,” G.Zandanshatar said.

Need a South Korean visa?-Four new issuing points set up

In the past, people wishing to travel to South Korea, have often experienced problems obtaining a visa. One such problem involves providing a “clean” police record – therefore, by order of the Minister of Justice, this will be simplified, taking

IMF forecasts 0.4% economic growth

The International Monetary Fund (IMF) has forecast that Mongolian economic growth in 2016 will be 0.4%. This is slightly below the recent World Bank’s forecast of 0.8%. International analysts explain the sluggish forecast as a reflection of the global fall

Civil Will Green Party to discuss alliance

The Democratic Party will have its National Consultative Council meeting this Saturday (16th April). The same day, the National Commission of the Civil Will Green Party is planning to hold its meeting at the Corporate Hotel. Several political parties including

350 contortionists on Chinggis Square

The unique type of Mongolian art is contortion and many professional contortionists from our country perform in circuses around the world. At present a project is underway to firmly put the art of Mongolian contortion into the World Guinness Records.

New moon marks arrival of the Gobi deer

In the Gobi there are rock carvings and images of the numerous animals which used to live in this part of Mongolia – some of which, such as deer, are endangered species.

Monday 11th April, the day when the new crescent

Balance of trade: USD 360 million

Mongolia’s foreign trade turnover has fallen since the beginning of the year. Over the first three months of 2016, Mongolia traded USD 1.6 billion with 115 countries, of which export accounted for USD 960 and import for USD 600 million

Census of legal entities underway

In accordance with the “Law on Statistics”, all legal entities, which are operating in Mongolia, must be counted every five years; subsequently, a census is taking place. This, the 6th census to be held, began on 1st April. During the

Apartment price continues to fall

Today, at the request of the Bank of Mongolia, the “Tenkhleg Zuuch” real estate company provided the “Apartment Price Index” (API) – independent research for March 2016. This reveals that the apartment price index was registered at 4.5% in March

Anti-corruption chief to resign

Today, the Justice Standing Committee discussed the issue of replacing N.Ganbold, who is the director of the Independent Authority Against Corruption (IAAC). The proposal for Mr Ganbold to stand down was carried by 69.2% votes and has been sent for

Budget deficit increase

Today, the National Statistic Office provided Mongolian economic data for the first quarter of 2016.

In March 2016, inflation increased by 0.5% in comparison to the previous month and by 1.7% on March 2015. The rise in inflation was caused by

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