The World Chess Federation has released a ratings list for January 2016. This indicates that Mongolia stands in 57th place out of 172 countries. The rating is calculated by the average scores of the best ten chess players. The list

The new "Law on Value Added Tax", which was approved by Parliament on 9th July 2015 came into force on 1st January 2016. The new VAT Law provides the opportunity to retrieve 2% from all purchases (20% of the paid

During the autumn session of Parliament, a total of 27 decisions regarding legislation were taken, as a result of which, 10 new laws have come into force with effect as of 1st January 2016. These are:

1. "2016 State Budget Law"

2.

Following last week’s tragic helicopter crash, in which one person lost his life and ten were hospitalized, we can report that today four were discharged from the Central Military Hospital.

Four of the injured people underwent surgery, the first two on

Tomorrow eveing at 21.00 pm, the annual New Year Concert will be start on Ulaanbaatar’s Chinggis Square. The musicians from the Mongolia’s Got Talent, Kh.Barkhuu and B.Myagmartseren, Beatboxer Ray, singer A-Cool, T.Amina, G.Tenuun and the violinist Ch.Delgertsetseg will perform. Also,

On 28th December, the Director of the Financial Coordinating Committee, Z.Narantuya, submitted a resignation request to Parliamentary Speaker Z.Enkhbold.

In the letter, Z.Narantuya wrote: “According to Provision 126.5 of the Electoral Law of Mongolia and Provision 23.2 of the “Civil Service

The Wrestling Champion Cup named after President of Mongolia took place on 29th December in Ulaanbaatar’s Wrestling Palace. The country’s 128 top wrestlers participated in the event, which was held as part of the 104th anniversary of the “Day of

The National State Opera and Dance Theatre has announced the first performance schedule for 2016.

On 9th January, Donizetti’s famous opera “Lucia di Lammermoor”, based on the novel of Walter Scott will be performed. This will be followed on 10th January,

Whilst conducting the census of the population and living accomodation, the Ulaanbaatar and Provincial Census Commission also studied the number of homeless people in Mongolia. A total of 890 homeless people across the country were involved in census. Representatives of

During the currency auction, which was held on 28th December, the commercial banks bought USD 3.5 million for between MNT 1992.72 and 1996.01, and CNY 24 million for between MNT 305.22 and 306.31. The Bank of Mongolia did not participate