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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.

UB Mayor heads delegation to North Korea

From 19th-24th, the Mayor of Ulaanbaatar, Mr  E.Bat-Uul, is making an official visit to North Korea November, at the invitation of the Mayor of Pyongyang. The mayor is being accompanied by Deputy Mayor of Ecological Affairs, T.Bat-Erdene, Deputy Mayor of

PM shown new transit hall at Chinggis Khaan International Airport

On 18th November, Prime Minister Ch.Saikhanbileg was introduced to the newly-completed transit hall and new aircraft parking facility at the airport. Because of the increased space, the airport which used to have the capacity of 800 passengers per hour, can

MNT 110 million City Tax accumulated

A month has passed since the City Tax was launced on 1st October. During this period 5374 entities have charged 1% for 4 kinds of services and two kinds of products. According to the legislation, the tax must be transferred

MBD Business Networking

Монголын Бизнес Мэдээллийн сан (MBD) 2015 оны 11 сарын 24-ний өдрийн 17.00-20.00 цагт “MBD Business Networking” арга хэмжээг Эксекютив Экселленс Олон Улсын бизнесийн төвд зохион байгуулах гэж байна ( www.eeibcmongolia.com )

Цаашид тогтмол зохион байгуулагдах энэхүү арга хэмжээний зорилго нь Монголд

Two German – Mongolian Projects

On 15th-17th November, the Minister of Industry D.Erdenbat made an official visit to Germany. During his visit, two important contracts were signed.

The first concerns the establishment of a 60 megawatt power plant, which will have the flexible ability to produce

N.Enkhbayr and N.Udval answer questions in corruption probe

On 4th November, the ex-Minister of Health and Sport G.Shiilegdamba was arrested. The Anti-Corruption Department (ACD) suspects him of keeping large amounts of money in his office, which may be corruption activities. The investigation is still underway. In connection with

Visa preferences of 42 countries will be no longer valid

Last year the Mongolian Government approved the protocol list for 42 countries, whose citizens do not require a visa for travel to Mongolia for a period not-exceeding 30 days. The list includes: Austria, Andorra, Argentina, Denmark, the United Kingdom, Iceland,

Currency Auction

On 17th November, the regular currency meeting took place. The commercial banks requested buying a total of USD 3.4 million for MNT 1990.05-1993.00, CNY 34.8 million for MNT 311.89-312.56, and to sell CNY 20 million for MNT 313.60-313.64.

The Bank of

12.8 tons of gold delivered to the Bank of Mongolia

As of October 2015, a total of 12.8 tons of gold has been delivered to the Bank of Mongolia. In comparison with October 2014, the amount has increased by 19.9%. The gold delivery has intensified since 3rd quarter; 2.6-2.7 tons

Embassies of Mongolia deliver warnings regarding Islamic State

Islamic State (IS) has threatened to attack Moscow, Washington and New-York. Therefore, the Mongolian Embassies in Moscow and Washington are warning Mongolian citizens in those countires to take especial care. The warning messages advise to avoid crowded places such as

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