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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.

Nearly 330,000 hectares being cultivated nationwide

As reported by the Ministry of Agriculture this year, Mongolia will plant crops on 328,600 hectares nationwide.

Wheat will be planted on 300,000 hectares, potatoes at on 13,900 hectares, vegetables on 8,300 hectares, oil plants on 16,000 hectares, and fruit on

Parliament&#39s Tavan Tolgoi working group established

Parliament's Tavan Tolgoi working group has been established today to make conclusions on discussions by Parliament on measures to be taken for the development of the Tavan Tolgoi coal deposit, the Tavan Tolgoi investment agreement, and changes to the agreement. 

Member

197 billion MNT in loans to be provided to UB hotels

The Office of the President has announced that more than 197 billion MNT in loans will be issued to Ulaanbaatar hotels to prepare for the reception of guests attending the Asia Europe Meeting (ASEM) Summit being held in Mongolia next

President Ts.Elbegdorj interviewed on Russian television

The famous Russian journalist Sergey Brilev interviewed the President of Mongolia, Ts.Elbegdorj, for an appearance on “Vesti on Saturday” on Russian television channel RTR, on April 25.   

Brilev has interviewed numerous Russian and foreign leaders including current President of Russia Vladimir

Fewer borrowers pursuing Ipotek mortgage loans

When the Ipotek mortgage loans with interest rates of eight percent began, almost 50 people a day were applying for the program. Over the past month, almost 1,600 people have applied for mortgage loans, with about 40 applicants pursuing loans

Mongolia prepares to host Freedom Online Coalition Conference

Mongolia is leading the international Freedom Online Coalition and will host the coalition's 5th ministerial conference from May 4-5, 2015, in Ulaanbaatar.    

The conference, which is being organized for the first time in Asia, will be organized in cooperation with

Petroleum exploration on the rise

 

During the last six years exploration of petroleum in Mongolia has drastically increased. 

 

As of the first quarter of 2009 Mongolia has explored 183,000 barrels of petroleum, and in the last quarter of this year Mongolia has explored 1.8 million barrels

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