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Project of 1000 temporary housing units to commence soon
On April 19, G.Munhkbayar, Minister of Construction and Urban Development met with Cao Zhiang, Secretary of Economy and Commerce of the Asia Division of the Department of Foreign Assistance of the Ministry of Commerce of the People's Republic of China. During the meeting, the Mongolian Minister touched on a subject to launch a project to build 1000 temporary housing units with non-refundable aid from the Chinese Government. 
2990 days
Agreement for China's USD 1 billion soft loan to be amended
The Cabinet agreed to discuss the amendments to the general agreement of up to USD 1 billion soft loan between the Government of Mongolia and Export-Import Bank of the People's Republic of China with corresponding Parliamentary standing committees. 
2990 days
MNT35 billion spent for free trade zones from state budget
A total of MNT35 billion has been spent for three free economic zones of Altanbulag, Zamyn-Uud and Tsagaannuur since their establishment, said Deputy Prime Minister U. Khurelsukh. Yesterday, April 19, the Deputy PM made a report on the activities of the free zones and future perspective at the Parliamentary Standing Committee on Economics. 77 per cent of the funding has been invested for infrastructure development of the Altanbulag free zone, which is running regular activities.
2990 days
Government and ADB agree to implement program to stabilize banking sector
The actual risk of irregularity in financial intermediary functions of banks is very high for some Mongolian banks due to the great amount of non-performing loans. In this regard, the government has agreed with the Asian Development Bank on implementing a Program on Restoration of Banking and Strengthening Financial Stability in order to compensate the financial deficit in banks to fulfill gaps of payment.
2990 days
Kyodo News interviews Mayor S.Batbold
On the sidelines of his official visit to Japan, Ulaanbaatar Mayor S.Batbold gave an interview to Japanese news agency Kyodo News, and discussed the current relationship of the two countries’ capital cities and future directions on April 19, Wednesday.
2990 days
ADB loan agreement backed
Yesterday, the Cabinet discussed and backed loan agreements between the Government of Mongolia and the Asian Development Bank to jointly implement “Social welfare support program-2” and “Restoring Bank sector and strengthening financial stability program”. Then the Cabinet decided to submit the agreements to relevant parliamentary standing committees for their consent.
2990 days
Salary loan interest rate to be lowered
During the yesterday’s cabinet meeting, Minister of Labor and Social Protection N.Nomtoibayar introduced about works being done to lower interest rate of salary loan of teachers, doctors and physicians of state owned schools and kindergartens and to invalidate fees.
2990 days
Mayor S.Batbold meets Tokyo Governor Yuriko Koike
Mayor of the capital city and Governor of Ulaanbaatar S.Batbold's official visit to Japan continues, and he met with Governor of Tokyo Yuriko Koike on April 19, Wednesday.
2990 days
April 20 events
Following events are expected on April 20, Thursday.
2990 days
Defense Minister orders to hold officials accountable for training accident
In accordance with a direction given by the Prime minister, the Council of the Defense Minister convened yesterday, April 19, to discuss the issue of holding accountable certain military officials.
2991 days
Cabinet approves national Naadam budget
During its regular meeting on April 19, Wednesday, the Cabinet approved the budget of national Naadam festival in the capital city at MNT 2 billion and 107 million, permitting Finance Minister B.Choijilsuren to allocate the money from government reserve fund.
2991 days
All tender offers to be announced by May 1
During the Cabinet’s regular meeting on April 19, Wednesday, Minister of Finance B.Choijilsuren presented a report and assessment on the 2016 activities of general budget governors in response to which the Cabinet issued several orders.
2991 days
Mongolian junior basketball team brings home 3 medals
The fifth “International Eastercup Berlin-Moabit 2017”, FIBA approved basketball tournament took place in Berlin, Germany on April 13-17. Mongolian junior athletes of two male and a female teams have participated in the event, snatching two silver and one bronze medal from the event.
2991 days
Memorandum of understanding signed
On April 19, Mr B.Baatartsogt, Head of the Department of Mineral Resources and Oil Mineral of Mongolia and Mr Shin Syong Chol, President of Oil Resources Division of the Department of Quality and Supply of Mineral Resources of the Republic of Korea signed a memorandum of understanding on technical cooperation.
2991 days
Public service to be improved with introduction of smart transportation system
The Asian Development Bank is implementing programs and projects to improve public service by introducing smart transportation system. Today, Minister of Road and Transport Development D.Ganbat met with ADB delegates, who introduced “Smart transportation system” and “Improving traffic safety” projects and future plans.
2991 days
BoM issues 1-week bills
The Bank of Mongolia (BoM) issued Wednesday 1 week bills worth MNT 314 billion at a weighted interest rate of 14.0 percent per annum.
2991 days
Mongolian satellite in orbit MONGOLSAT-1
Mongolia now has a satellite in orbit with the establishment of an agreement with Bermuda-based Asia Broadcast Satellite (ABS) to co-brand its ABS-2A satellite as MONGOLSAT-1.
2991 days
Ambassadors attend Business Council of Mongolia monthly meeting
The Business Council of Mongolia’s monthly meeting was held on Monday, April 17 at the Best Western Tuushin with BCM Chairman Byambasaikhan Bayanjargal hosting for an audience of 110 members. Ambassador of the United States of America to Mongolia Jennifer Zimdahl Galt, Ambassador of Canada Ed Jager, Ambassador of Germany Stefan Duppel and Ambassadar of Japan Masato Takaoko were guests of the meeting. 
2991 days
Mongolia to enter 3x3 Basketball World University League
Mongolian 3x3 basketball team which claimed a gold medal at the 3rd Asian University 3x3 Basketball Championship in Malaysia returned home on April 17. The champions were warmly welcomed by the gathered crowd of family members, friends, basketball fans and representatives of Mongolian National Basketball Association (MNBA) at the Chinggis Khaan international airport.
2991 days
EU project to help Mongolia to export honey products
A team of an European Union project “Support to the Modernization of Mongolia's Standardization System” has worked in Selenge province 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.
2991 days
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  • Latest news
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  • Interview
A Guardian of Tradition: Exploring Mongolia’s Timeless Art of Long Songs with Enkhbaatar Gankhuyag
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Photostream: The National Quad Cross Championship of Mongolia Held in Khuvsgul Aimag
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