FIRST CREDIT INFORMATION BUREAU LAUNCHED
The creative disruption of the fourth industrial revolution echoes across every sector of the economy, especially apparent in the financial industry. Private companies are evolving to provide efficient, transparent, and smart ecosystems for their customers, enabling lower costs and more timely financial services. Following the start of several successful fintech and cyber services, the first Credit Bureau license was granted by Mongolbank (Central bank of Mongolia) to Buren Score LLC.
"Renewable energy sources in Mongolia will be urgently increased"
A preliminary discussion under the theme ‘Mongolia - Green Development’ for the 26th United Nations Climate Change conference kicked off at the State House today on October 21.
Inclusive classroom environment created at new school built through JICA project
On October 20, the Embassy of Japan and the Japan International Cooperation Agency (JICA) organized a press tour for School no.149, which was recently built in the capital city’s Chingeltei district.
Newly-elected legislators take oath as parliament members
Members of the ruling Mongolian People’s Party Ts.Iderbat and E.Batshugar, who won the by-election by majority votes, took an oath as members of the parliament today.
COVID-19: 1,744 new cases, 16 deaths reported
The Ministry of Health reported that 1,744 new cases of COVID-19 have been reported in the past 24 hours. Specifically, 917 cases were confirmed in Ulaanbaatar city, with 827 cases in rural regions.
New ADB energy policy to support energy access and low-carbon transition in Asia and Pacific
The Asian Development Bank (ADB) has approved a new energy policy to support universal access to reliable and affordable energy services, while promoting the low-carbon transition in Asia and the Pacific.
University complexes to be established in rural areas
At its regular meeting today, the Cabinet put out a resolution to develop universities in rural areas as academic, research and indsturial complexes.
Coal export increased by 60 percent
Coal export to China is constantly growing. In the last three weeks, a total of 6,919 trucks and 2,017 wagons of coal crossed the border, which means it has risen by about 60 percent compared to the three weeks in August to September.
Balance of payments to be in surplus of USD200 million
The central bank considers that the economy is expected to have a 5.9 percent growth next year, which will be mainly due to the post-pandemic recovery of non-mining sector. It is also stated in a draft Basic Guidelines for 2022 State Monetary Policy that direct foreign investment and export earnings will support internal circulation, highlighted Governor of the Bank of Mongolia B.Lkhagvasuren at the meeting with the press on October 18.
Sustainable Resilient Ecosystem and Agriculture Management project launches in Selenge aimag
On October 19, the Sustainable Resilient Ecosystem and Agriculture Management (STREAM) project was officially launched. The STREAM project aims to increase the capacity of local communities to implement innovative and sustainable long-term landscape management to address food system challenges and climate stresses.
The second online European Film Festival 2021 to be organized
Ulaanbaatar /MONTSAME/. The European Film Festival is an annual event that showcases a selection of European films, giving local audiences a taste of Europe’s diversity and creativity.
Public buildings in Arkhangai aimag obtain energy performance certificates for the first time
The kindergarten building in Undur-Ulaan soum is one of 57 public buildings in 6 soums of Arkhangai aimag that have received energy performance certificates within the framework of the "CEMAATER-II – Energy efficiency and thermal comfort of educational buildings" project implemented by Geres International NGO in Arkhangai aimag.
E.Amartuvshin named as world's best baritone
It has been announced that State Honored artist E.Amartuvshin won Opera Star award which is also known as Opera Oscars.
COVID-19: 1,303 new cases, 18 deaths reported in the past 24 hours
The Ministry of Health reported today, October 19 that 1,303 new cases of COVID-19 have been reported in the past 24 hours.
Coal trucks passing through Shiveekhuren border checkpoint increases
The border committee reported that further agreements are planned to be reached on ensuring the normal operations of coal transport, and increasing coal export in phases.
People with disabilities join ‘One billion trees’ nationwide campaign
People with disabilities have joined ‘One billion trees’ nationwide campaign initiated by the President of Mongolia.
MPP candidates win in parliamentary by-election
On October 18, Chairman of the General Election Commission P.Delgernaran announced that candidates of the ruling Mongolian People’s Party E.Batshugar and Ts.Iderbat have won by majority votes following the by-election re-polling.
75 percent of children involved in vaccination in the capital city
Ulaanbaatar /MONTSAME/. Since COVID-19 vaccination rollout launched, 74.6 percent of the citizens in the capital city have had the first dose of the vaccine and 71.1 percent have been fully vaccinated, while 18 percent have gotten their third shot.
B.Turmunkh: I illustrated 60 pieces for the updated version of ‘The Secret History of Mongols’
D.Sumiyabazar: Law on Legal Status of Ulaanbaatar City has been successfully amended after 27 years
P.Khaliun: I believe the relations between two countries will soon reach strategic partnership