On 27th October, the Standing Committee for Security and Foreign Affairs held a closed session, during which, they discussed the draft law on the “Permanent Neutrality of Mongolia”. President Ts.Elbegdorj has been responsible for initializing the law. The “Permanent Neutrality

The “State Budget Law-2016” has put MNT 14.6 billion as the cost for running the 2016 parliamentary election. The director of the General Electoral Commission, D.Sodnomtseren, said: “According to our initial estimation, the organization of the election was to have

History of Ulaanbaatar

Today is the 376th anniversary of the Mongolian Capital – Ulaanbaatar. 

Ulaanbaatar is located between the four ancient and venerated mountains: Bayanzurkh, Bogd-Khan, Songinohairhan, and Chingeltei, and also located in the wide basin of the River-Tuul  at the southern

The anti-corruption organization “Transparency International” sent an official letter to the Prime Minister of Mongolia, Mr.  Ch.Saikhanbileg on 28th October. The letter is related to the “Amnesty Law” which is taking people’s attention recently.  The www.news.mn is providing the full

Last week, the Minister of Foreign Affairs, L.Purevsuren, made an official visit to Italy, during which, the sides agreed to open an Italian Embassy in Ulaanbaatar. Also, there is a rumor that an Australian Embassy will be opened in Mongolia,

Even though, the price of copper is falling on international markets, the operations of the “Erdenet Plant” are continuing as normal. During the current economic crisis, the “Erdenet Plant” is working under cost-saving conditions. As a result of careful management,

Business confidence drops again as demand remains weak

Both sales and market growth decline at sharper rates

Companies continued to cut prices in effort to boost sales

The October reading for the World Economics Headline Sales Managers’ Index (SMI) for Mongolia stood at

The executive director of the “Erdenes Mongol Company” B.Byambasaikhan informed that the international 19 banks will lend between MNT 4.2-4.6 billion for the Oyu-Tolgoi underground mining program (OT Phase 2) in November 2015. This means approximately, 3000 job positions will

The classical music relationship between Mongolia and South Korea, especially in opera is entering its third year. As part of the co-operation, the opera “Lucia di Lammermoor” in a version by the South Korean director An Hu Won was presented

The “City Tax Law” approved by the Parliament has been operating in the Mongolian capital since 1st October. Under this law, everyone must pay a 1% tax, when buying alcoholic drinks, cigarettes or being served in hotels, resorts and other