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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.

MNT 100 million plus savings – to be taxed

The Parliament has approved the “The Taxation Law on the Individual Person’s Income”, which has one important provision. In detail; under this law, a foreign citizen will pay taxes from their savings, and Mongolians will pay taxes, if they exceed

“MDB Business Networking” takes place

The Mongolian Business Database (MDB) has organized the first “MDB Business Networking” event for foreign and domestic companies wishing to buy Mongolian products. The purposeof the event is to promote co-operation between foreign and domestic entrepreneurs, to exchange experience and

Mongolian President in Paris

The United Nations Climate Change Conference COP-21 has started in Paris. The heads of approximately 160 countries are paricipating in the summit. The panelists will discuss climate change issue, primarily problems connected with coal, petroleum products and natural gas, which

G.Ugalztsetseg becomes world champion

On 29th November, the 7th “World Bodybuilding and Physique Sports Championship” was held in Bangkok. Mongolia’s G.Ugalztsetseg became the World Champion, in the women’s physical athletic category. Also, G.Gansaruul took a bronze medal in the same category.

The Mongolian title-holder of

“Copper Smelting Plant” to be built in Bor-Undur

There are several Mongolian copper enterprises in Mongolia, which export their products, most notably, the “Erdenet Mining Corporation” and “Oyu-Tolgoi Company”. If Mongolia has its own copper smelting plant, it will be possible to separate the gold and silver from

One month remains to declare old taxes

Under the “Economic Transparency Law”, legal entities are required to report their tax information for previous years, namely for the period from 1st January 1995 to 31st March 2015. If they have have broken the taxation law, for example, by

Second meeting of Foreign Honorary Consuls held

On 27th November, the second meeting of foreign honorary consuls was held in the Ministry of Foreign Affairs (MFA). The Secretary General of the MFA, D.Gankhuyag, opened the meeting. The Director of the Consular Section, B.Bold, provided information about the

Parliament to discuss veto in two weeks

A.Bekei, director of the Political Structure Standing Committee, has provided the following information:

-Parliament has approved the decision of the Constitution Court, related to the structure of the judiaciary. President Ts.Elbegdorj has put a veto on the decision. During what period

Meeting with Russian Ambassador

On 27th November, the Speaker of Parliament, Mr Z.Enkhbold, had an official meeting with the Ambassador of the Russian Federation, H.E. Iskandar Kubarovich Azizov. At the beginning of the meeting, Mr. Z.Enkhbold expressed his condolences to the Ambassador, regarding the

Malaysian court withdraws death sentence for Mongolian citizen

Yesterday, the Malaysian Court has proclaimed a decision to reconsider the case of Mongolian citizen N.Zolzaya. Since January 2013, she has been under arrest in Malaysia for the possession of of drugs. The Malaysian court initially made the same decision

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