Following a proposal by the Mongolian People’s Party (MPP) Group in Parliament, the Speaker presented a protocol on 2nd February under which the Hall “A” of Government House will be re-named the “Chinggis Khaan Hall” and Hall “B” – the

On 2nd February, the regular Bank of Mongolia currency auction took place. During the auction, the commercial banks requested buying USD 64.85 million for between MNT 2009.00 and 2015.05 and CNY 26.5 million for between MNT 304.36 and 305.00. In

On 19th January 2016, Parliament approved additional changes to the “Law on Real Estate and Mortgages” and to the “Civil Law”. Since then, 11 commercial banks have agreed to lend MNT 68.5 billion in mortgages to 1129 customers, of which

Various webites have provided information saying that some Mongolians, living in Malaysia have been accused of drug related offences. Today, the Ministry of Foreign Affairs informed that this information is incorrect. The last drug related case involving Mongolian citizens in

On 1st February, the Ambassador to Hungary, T.Gandi presented the Mongolian national flag and a certificate to Mr. Balogh Laszlo, the director of Budapest Flag Museum. Ambassador Gandi said: “This flag has been used at the Mongolian Ministry of Foreign

It is being reported that the three MP’s G.Uyanga, L.Tsog, and O.Baasankhuu, who planned to bring down the Saikahnbileg Government, are now about to cause the collapse of the Justice Union Group in Parliament, of which they are members. According

In the framework of the “Ulaanbaatar Welcomes You” program, which is run by the City Administration, many cultural and traditional events have been held. One of them was the “Danshig Naadam- Khuree Tsam” religious and cultural event, which was held

Last week, Mongolian Stock Market has exchanged MNT 10.5 billion. This took place during five separate exchanges during which 39 companies sold their stocks. “Mongol Shuudan”, “APU”, “Darkhen Nekhii”, “Buteelch Uils” sold quickly. Also, 100,000 governmental bonds were sold for

According to the “Anti-Corruption Law”, Mongolian civil servants are obliged to report their income and capital assets by the 15th February every year. As of 31st January, 25100 of all 40000 civil servants have reported their income data to the

Last week, the international “Hakuho Cup” competition took place in Tokyo. The competition takes its name from the 69th Great Professional Sumo Champion, the Mongolian sumo wrestler “Hakuho” M.Davaajargal.  Approximately, 1200 junior sumo wrestlers from five countries participated in the