Highlights
Non-performing loans decrease by 3.2 per cent
Non-performing loans in a banking system amount to MNT1035.5 billion as of the end of March, showing a decrease by MNT34.6 billion or 3.2 per cent compared to previous month. However, the amount is higher by 7 per cent or by MNT67.6 billion than the same period of last year. Non-performing loans made up 8.2 per cent of total outstanding loans, staying the same as in the first quarter of last year.
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City administration calls for productive graduation ceremony
Department of Education of the capital city administration has forwarded a guidance to all schools, private and government-owned, regarding the celebration of graduation.  The guidance concerns pupils of 5th, 9th and 12th grades, encouraging them to celebrate their graduation with purpose.
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Deputy Prime Minister meets World Bank delegates
Deputy Prime Minister U.Khurelsukh received Mona Haddad, Practice Manager for East Asia and the Pacific in the World Bank Group’s Trade and Competitiveness Global Practice on April 17, Monday to discuss the Group's new project in Mongolia.
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Speaker receives Czech Parliament delegation
On April 17, Monday, Parliament Speaker M.Enkhbold met with the Czech Republic delegation, led by Zuzka Bebarova-Rujbrova, Member of Parliament, Chairperson of the Standing Committee on Human Rights and Petitions and Head of Czech-Mongolian friendship group at the Czech Parliament, which is on a visit to Mongolia.
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Housing price index increased in short term
Tenkhleg Zuuch LLC reports on the March results of the “Housing Price Index” study conducted independently at the request of  the Bank of Mongolia. The research shows that the general index of housing price was 1,01 in March, by 1.0 per cent up than in January 2013, basic consideration period of the research. The index increased by 0.17 percent compared to the previous month. The general index increased by 0.10 per cent compared to the starting period of this year, and dropped by 3.34 per cent compared to the same month of previous year.
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DP group urges to postpone enforcement of increased tax rates
Ulaanbaatar /MONTSAME/ Today, April 17, the Democratic Party group in Parliament discussed the approved amendments to the state budget. The group urges to postpone the enforcement term of increased tax rates. Even though the group could not get majority support regarding their proposal not to raise tax rates, they request  to postpone the implementation of the three tax rates that were decided to increase. 
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Photographers to capture modern Ulaanbaatar
Ulaanbaatar /MONTSAME/ On the occasion of World Press Freedom Day which falls on May 3, Mayor’s Office has announced a photography contest themed ‘Modern Ulaanbaatar’.  
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B.Choijilsuren: Prerequisite to implement IMF's Extended Fund Facility program has been satisfied
Ulaanbaatar /MONTSAME/ The first financing of the International Monetary Fund's Extended Fund Facility program will be provided in the middle of June, said Finance Minister in his interview to itoim.mn news website. “- In the night of April 13, when the budget amendments were approved by the Parliament, Governor of the Bank of Mongolia N.Bayartsaikhan and me, as a Finance Minister sent an official letter to IMF, informing that prerequisite to implement the EFF program has been satisfied.    
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B.Ser-Od claims his second silver from Nagano Marathon
Ulaanbaatar /MONTSAME/ The annual international marathon road race “Nagano Olympic Commemorative Marathon” (Nagano 2017 for short) took place on April 16. Mongolian participant B.Ser-Od finished the race as the runner-up.
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Solo exhibition of painter N.Sanchir on display
Ulaanbaatar /MONTSAME/ A solo exhibition of N.Sanchir, painter and member of the Union of Mongolian Artists opened at the Art Gallery of Union of Mongolian Artists on April 13. The exhibition is being organized on the occasion of the 70th birth anniversary of N.Sanchir.  N.Sanchir is a son of State Prize Laureate and People’s Painter-titled L.Namkhaitseren, who was the first director of the Mongolian State Opera and Dance Theatre.
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Mongolia claims six medals from World Jiu-Jitsu Festival
Ulaanbaatar /MONTSAME/ In accordance to the “Abu Dhabi World Jiu-Jitsu Festival 2017”, which is taking place in Abu Dhabi, United Arab Emirates, “Abu Dhabi World Jiu-Jitsu Festival – Adults & ParaJiu-Jitsu” championship concluded on April 14-15. With an impressive tally, contestants from Mongolia namely B.Batmunkh, A.Gantulkhuur, A.Munkhbat and B.Uugankhuu claimed 3 gold and 2 silver medals from the tournament.
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EU project to help Mongolia to export honey products
Ulaanbaatar /MONTSAME/ A team of an EU project “Support to the Modernization of Mongolia's Standardization System” has worked in Selenge aimag on April 12-13. The team was composed of project team leader Henk De Pauw, expert Andre Francois and other members. Their mission of the Selenge working tour was to assist with exporting honey and honey products made in Selenge aimag to the European Union.
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Mortgage Corporation’s special purpose entity to release securities
Ulaanbaatar /MONTSAME/ On April 13, the Financial Regulation Commission (FRC) granted a financial activity license to ‘MIC Active Twelve Months”, a special purpose entity established by the "Mongolian Mortgage Corporation“ company last August and registered its securities.  ‘MIC active twelve months” company is releasing mortgage loan guaranteed securities of 2.7 million with nominal value of MNT100 000 and 30-year term. The Commission assigned the two companies to insure the loan package for long term and in accessible way, meeting the interest and demand of the insured.
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Land farmers meet to discuss 2017 goals
Ulaanbaatar /MONTSAME/ During his opening speech at the National Symposium of Land Farmers which took place last Friday, April 14, P.Sergelen, Minister of Food, Agriculture and Light Industry informed that 458 thousand ha land will be cultivated for sowing in 2017.
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Statement of the spokesperson of the Ministry of Foreign Affairs of Mongolia
Ulaanbaatar /MONTSAME/ Regarding the recent ballistic missile launch of the Democratic People's Republic of Korea, the Ministry of Foreign Affairs of Mongolia released a statement on April 16. 
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President discusses right to information with journalists
Ulaanbaatar /MONTSAME/ President's Office in cooperation with Provincial Press Association organized a meeting under the theme ‘Citizens’ Right to Information’ on April 14, Friday, and President Ts.Elbegdorj attended the meeting. During the meeting with journalists and correspondents working in 21 provinces of Mongolia, the President touched upon his powers granted by the Constitution of Mongolia.  
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Mongolian 3x3 basketball team wins Asian cup
Ulaanbaatar /MONTSAME/ Mongolia’s basketball team triumphed over the People’s Republic of China by 17:14 at the 3rd Asian University 3x3 Basketball Championship to claim a gold medal in men’s category.
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Khan Bank welcomes Frank Hawke to its Board of Directors
Ulaanbaatar /MONTSAME/ On April 1, Mr. Francis Edward (Frank) Hawke, a financial specialist joined Khan Bank’s Board of Directors on April 1, 2017. With 37 years of experience in finance, trade, banking, and business development in markets spreading across Asia, including China, Vietnam, Laos, Cambodia, Taiwan, the Philippines and Indonesia, Frank Hawke has worked with financial market, information technology, agriculture, and energy sectors. His career as a financial advisor and executive include leading key foreign market offices as a vice president at Citigroup from 1985 to 1997.
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Art and writing contest held within Global Money Week
Ulaanbaatar /MONTSAME/ In compliance with the “Global Money Week”, the Ministry of Education, Culture,, Science and Sport along with Bank of Mongolia, President's Office, Mongolian Bankers Association, Deposit Insurance Corporation of Mongolia organized arts and writing contest on money management among children on April 14. Under the theme “Learn-save-earn”, the “World Money Week” took place between March 27 and April 2.
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Seven types of tax rates to be raised following budget amendments
Ulaanbaatar /MONTSAME/ Amendments to the 2017 State Budget, which were approved by the Parliament yesterday, April 13, laid out to raise seven types of taxes, as the Government agreed with the International Monetary Fund in the scope of a three-year Extended Fund Facility. Tax rate increase of four types of taxes will come into effect starting May 01. Those include individual income tax, tax on interest of bank savings, customs tax on imported cigarettes and excise tax on passenger cars.
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Mongolian Skier Wins Silver Medal at '2025 Cross-Country Far East Cup' 5 hours
Mongolia Promotes Four-Season Tourism at International Exhibition 5 hours
Deputy PM Meets Russian Environment Minister 7 hours
Ambassador to Latvia Presents Letter of Credence 7 hours
Mongolia to Expand Cooperation with Canada 8 hours
Netflix’s 'Welcome to Mongolia' Special to Premiere 9 hours
Public Transport Revenue Rises 69 Percent 10 hours
Power Plants Hold 14 Days of Coal Reserves 1 day
Working Group Recovers MNT 22 Billion to Protect State Assets 1 day
‘Government to Support Business Freedom, Guarantee Protection of Private Property’ 1 day
Foreign Minister Battsetseg Meets Mongolist Shimamura Ippei 1 day
Mongolia, Qatar to Cooperate on Export of Halal-Processed Meat 1 day
Mongolia Launches Gender Equality Seal in Environment Sector 1 day
Mongolia Among Asia’s Most Advanced Countries in Water Security 1 day
'White Gold' Movement Enables Domestic Producers to Supply About 70 Percent of Raw Materials 2 days
Parliament Ratified Interim Trade Agreement 2 days
UK-Funded Project to Boost English Skills in Remote Areas of Mongolia 2 days
Ancient Burial Sites Uncovered During Geological Surveys 2 days
Mongolian Parliamentary Delegation Visits South Korea 2 days
Bank of Mongolia Keeps Policy Rate Unchanged 2 days
'The MongolZ' Ranks Seventh in World Ranking 2 days
Mongolia Secures 7th World Title in Memory, Mind Sports 2 days
Parliamentary Committee Holds Hearing for Governor of Bank of Mongolia Nominee 2 days
Mongolia Calls for Global Transparency in Political Financing at UN Summit 2 days
Mining and Extractive Industry Sales Up by MNT 2.7 Trillion from 2024 2 days
Special Exhibition Showcases Traditional Mongolian Clothing, Adornments 2 days
Exploring the 'Zuuvch-Ovoo' Uranium Project and Its Future Outlook 3 days
Boy Playfully Herds Yak Calf with His Own Programmed Drone 3 days
Over 200,000 Tonnes of Fuel to Be Imported This Month 3 days
Government to Submit Draft Resolution on Privatization and Public Offering of State Assets 3 days
Rare Metals Research Center Opened in Mongolia 3 days
Net Domestic Assets Increase by MNT 5.7 Trillion 3 days
Four Japanese Judo Coaches to Work in Mongolia 3 days
Over 8,000 Livestock Relocated from Ulaanbaatar’s Restricted Zone 3 days
Parliament Examines Oyu Tolgoi Agreements, Benefits in Multi-Day Evidence Hearing 3 days
‘Food Revolution’ Boosts Production, Jobs, and Exports 3 days
Three Schools and Five Kindergartens to Be Built in Selbe 20-Minute City 4 days
Moon Dance Team Wins Another Bronze Medal at World Championships 4 days
Greater Tumen Initiative Tourism Board Meeting Held in Mongolia 4 days
This Week in Mongolia 4 days
Government Task Force to Enter Talks with ‘Entrée Resources’ 4 days
New Apartment Prices Rise 11 Percent 4 days
First Residents Move into New Homes Following Redevelopment of the 100 Ail Public Housing Project 5 days
Outstanding Young Scientists and Doctors Receive Presidential Awards 5 days
Mongolia Outlines Priorities at IOM Council’s 116th Session 7 days
Ulaanbaatar Seeks Public Input on Even-Odd Traffic Restrictions 7 days
“Burte Chono 2025” Honors Mongolia’s Top Athletes 7 days
Parliament Finalizes Resolution to Zero Import Duties on Fodder and Flour 7 days
Mongolia, Lithuania Hold Political Consultations in Ulaanbaatar 7 days
Mongolia Urges Global Action to Treat Wastewater as a Resource 7 days
Mongolian Boxers Win Four Medals at World Cup of Petroleum Countries 8 days
Advanced Technology Reveals 3,000-Year-Old Rock Art Now on Display 8 days
Fifth International Conference on Mongolian Studies Held in Poland 8 days
Bank of Mongolia Releases 'Tugrug-100 Years' Commemorative Stamp Released 8 days
Children’s Consultative Polyclinic to Launch Surgical Services in 2026 8 days
Views Exchanged on Accelerating SDGs Implementation 8 days
Mongolian Student Wins World Drone-Coding Championship at Enjoy AI 2025 8 days
Coal Exports Reach 79 Million Tonnes as Exchange Trading Grows 8 days
Mongolian Powerlifter Becomes Asian Champion 8 days
Government Directs Public Institutions Not to Hold New Year or Anniversary Celebrations Using Budget Funds 9 days
Mongolia to Send Over 100 Athletes to Asian Beach Games 9 days
Gashuunsukhait Checkpoint to Handle More Coal Exports 9 days
Prime Minister Directs Officials to Intensify Anti-Corruption Drive 9 days
Speaker of Parliament Meets Ambassadors of Russia, China 9 days
France Returns Dinosaur Fossils to Mongolia Following Decade-Long Legal Process 9 days
UN Meeting Highlights Importance of Rangelands Ahead of Mongolia’s COP17 9 days
New Year Tree Lighting Ceremony at Sukhbaatar Square to Begin at 19:00 Today 9 days
PM Orders Priority Financing for Salaries, Pensions and Child Benefits 9 days
ADB Approves USD 60 Million for Ulaanbaatar’s First Bus Rapid Transit System 9 days
Mongolia Renews Call to Lower Shareholder Loan Interest for Oyu Tolgoi Project 9 days
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