The number of unqualified loans is increasing. For example, in February, unqualfied loans reached MNT 889 billion – this being a 33.3% rise on the same period last year. In addition, since the beginning of 2015, expired loans have multiplied

The Ministry of Defense and the Mongolian Armed Forces are preparing to celebrate “Mongolian Soldiers’ Day”, marking the 95th Anniversary of the establishment of the modern Armed Forces. On 17th March, soldiers will march with military brass bands from five

On 11th March, the Chairman of the Mongolian National Democratic Party (MNDP), M.Enkhsaikhan, met with his opposite number in the Ekh Oron Party – B.Erdenebat. During the meeting, the two chairmen discussed the current situation of the economy and the

The 12th Mongolia-British round table met in London on 11th March. The Mongolian representatives were led by the General Secretary of the Foreign Ministry, D.Gankhuyag, and the British side by Permanent Under-Secretary at the Foreign and Commonwealth Office Simon Mac

On 9th March, the General Secretary of the Mongolian Ministry of Foreign Affairs, D.Gankhuyag, who is currently making an official visit to Turkey had a meeting with the Turkish Deputy Minister of Foreign Affairs, Mr Ali Naci Koru. During the

The “Abilympics” is an international competition for people with disabilities. This year, the 9th International Abilympics will be held on 23rd-28th March in France under the patronage of President Francois Hollande. In order to enable Mongolian sportsmen to participate in

It has been a year since the “Mongolian Pajero Club” was set up. This is a voluntary organization aimed to help herders during snow and dust storms. The last occasion the volunteers were in action was on 4th March –

As the days lengthen and in order to save electricity, Mongolia will soon be changing to summer time. This will continue until 30th September 2016. The clocks will go forward by one hour at midnight on the night of 25th

Yesterday (10th March), the regular Bank of Mongolia (BoM) foreign exchange (FX) auction took a place, during which it supplied USD 20.1 million for MNT 2048.75 (closing rate) and CNY 30.4 million for MNT 314.05. During the swap and forward

On 8th March, a trilateral meeting was held between the Mongolian Football Federation (MFF), MIAT and the German Bundesliga football team “Borussia” Dortmund. The team’s representatives in Asia and in the Asia Pacific Region, Mr. Suresh Letchmanan and Peter Leibel