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New buses on Ulaanbaatar’s streets from 15th August

The Mongolian Government has bought 20 articulated buses from Belarus, each with a 170 person capacity. The new buses are 21 meters longer. Deputy Mayor N.Gantumur said: “The new buses will transport passengers from 15th August on Peace Avenue from

“Sovereignty Day”

The Mongolian Government has decided to celebrate 29th July as “Sovereignty Day”, marking the country’s first democratic elections, which were held on 29th July 1990. On 3rd June, Mongolian President Ts.Elbegdorj issued a Decree (No. A/324) regarding celebrating the 25thanniversary

Mongolia rates 89th in female politician survey

Mongolia currently stands at 89th place out of 140 countries for the percentage of female members in Parliament. Currently only 14.9% of Mongolian members of parliament are women. Although, Mongolia is pursuing a target of 30% female membership of parliament,

Investment Forum in Mongolia

This year the North America Mongolia Business Council (NAMBC) is celebrating its 25th anniversary. Therefore the NAMBC’s annual Investment Forum-2015 will be a special event. The Forum will open in Ulaanbaatar’s newest hotel, the Shangri-La on 29th September 2015. Registration

&#34It&#39s good to be back!&#34

By John David

Hungary's Ambassador to Mongolia, Akos Madari, tells NEWS.MN about the new embassy and the new phase in 65 years of cooperation.

News.mn: Your Excellency, Hungary and Mongolia have a long history of cooperation. This was put on hold nine

Mongolia’s First Female Football League

The Mongolian Football Federation (MFF) is creating a female squad team which will compete in Asian and world competitions. For this reason, the MFF is paying special attention to support and increase the participation of Mongolian female players. In this

16,000 Surplus Apartments

The Mongolian Ministry of Building and Urban Construction and other market experts believe that the number of surplus apartments will reach 16,000 over the next five years. The researchers studied the supply and demand and home-buyers’ ability to purchase new

Bank of Mongolia: Currency Auction

On 21st July, at the request of the commercial banks, the Bank of Mongolia supplied CHY 43.1 million for MNT 318.50 (closing price).

At the auction, the commercial banks requested the following swap agreements:

-to buy USD 119 million

-to sell USD 21.7

Smart Cards to be sold at Ulaanbaatar’s bus stops

The “Smart Bus” project will open on 24th August. Therefore, people will be able to travel on public transport using smart cards instead of paying cash. Currently, 1100 buses of all 1200 have installed their smart equipment. The passengers will

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