The third annual “Invest Mongolia Forum-2015” started today on the first floor of the “Shangri-La Hotel”. Many consider that the reason for Mongolia’s economic downturn has been the serious reduction in foreign direct investment (FDI). Therefore, it is considered that

The Social Policy, Education Culture and Science Standing Committee has just met to discuss the appointment of the new Labor Minister (8th September 2015). As a result of which, G.Bayarsaikhan, who is currently a member of the Mongolian Parliament, was

Today, O.Baasankhuu, a member of the Mongolian Parliament presented a draft legislation for the dismissal of a member of the Government to Parliamentary Speaker Z.Enkhbold. The person in question is S.Bayartsogt, Director of the Governmental Executive Authority, who MP Baasankhuu

At the invitation of Ulaanbaatar Mayor E.Bat-Uul, the Mayor of Seoul, Park Won-Soon, is going to make an official visit to Ulaanbaatar. This will take place on 20th-23rd September and is being held in the context of the 20th Anniversary

Today, the Finance Standing Committee met to discuss appointment of the new Finance Minister, B.Bolor; the vote was unanimous. B.Bolor graduated from the European University of Belgium in 1997 as an economist; and the Mongolian University of Science & Technology

Today, the Economic Standing Committee discussed the appointment of the new ministers. Prime Minister Ch.Saikhanbileg introduced the candidates to the meeting. During the meeting, S.Erdene, an MP, said to the candidates that: “First of all, you need to meet the

The Mongolian Sumo Wrestler Kyokutenho Tsevegnyam and Japanese wrestler Wakanosato Shinobu officially stopped their wrestling careers after Nagoya Basho (the July Wrestling Period ). Following this decision they have officially become sumo coaches. Now the Mongolian wrestler will work under

Today, the Democratic Party (DP) Group, during a regular meeting, took the decision to accept the Presidential Veto on the “Amnesty Law”.  The DP Group, also accepted the candidates for the ministerial positions as proposed by the Prime Minister.

After the

The Mongolian Parliament has alreadyapproved the establishment of the “Khalh Gol Free Economic Zone” (FEZ). The decision to approve the 500 hectare site took place during the spring session of Parliament.  Several lawyers, however, consider that the “Khalh Gol FEZ”

The Bank of Mongolia has provided information about apartment loans (mortgages). According to their new statistics, in July 2015, a total of 1161 citizens obtained mortgages bringing the total number of creditors to 73,208. The people, who took mortgages, fell