Mongolian Economy and Finance

In 2015, Mongolia had a score of 39 out of 100 on the corruption index published by Transparency International, and was ranked 72nd among 168 countries.

Still in his early 20’s, filmmaker Nessim Stevenson has documented much of the world through his photography and documentary style films.

25 days until ITB Berlin 2015 By A. Ganbold February 6 (gogo.mn) Mongolia will be the official partner country of "ITB Berlin 2015", international tourism expo, taking place from 4 to 8 March 2015 at Berlin, Germany.

Official ceremony to honour the 3 millionth citizen and contemporaries By B. Ireedui February 6 (gogo.mn) First baby girl Mongoljin to father E.Khatanbold, natives of Dalanzadgad soum, Umnugobi aimag has been announced as the 3 millionth citizen of Mongolia.

Management changes at Erdenes Mongol LLC February 6 (news.mn) At the plenary meeting of the Government, on February 4, B.Byambasaikhan of Newcom LLC was appointed Executive Director of Erdenes Mongol LLC, a state-owned company.

Conference runs for environmental administrators By B. Amarsaikhan Ulaanbaatar, February 6 (MONTSAME) The Ministry of Environment, Green Development and Tourism held a conference for executives of its departments on February 5.

‘Modern time’ By B. Narantuya February 5 (UB Post) The “Modern Time” joint exhibition by artists J.Shijirbaatar and N.Nasanbat is on view through February 12, at Mongolian National Art Gallery. The opening of the exhibition was held on February 5, and the show includes over 20 pieces by the artists.

Singapore Cooperation Programme to Assist Ger-Districts Re-Structuring By B. Amarsaikhan Ulaanbaatar, February 5 (MONTSAME) A chairman of the Citizens’ Khural of Ulaanbaatar Mr D.Battulga received Thursday a delegation led by the Singapore Cooperation Programme manager for the Asia-Pacific Mr Kevin Chong.

J.Bayartsetseg: "This is not about Mongolia only, global economy slowed down" By B. Erdenechimeg February 5 (gogo.mn) We interviewed one of the participants of Young Global Leader program under WEF J.Bayartsetseg, State Secretary at Ministry of Justice, who was invited to the attend the WEF for the second year.

Fire at Khaan Ger extinguished after ten-hour firefight By M. Zoljargal February 5 (UB Post) A fire broke out at Khaan Ger restaurant on Wednesday afternoon, at around 3:30 p.m. Firefighters managed to prevent the spread of the fire by 8:30 p.m., and it was fully extinguished after a ten-hour firefight, at 1:49 a.m.

Resolution will be submitted on "Measures for overcoming economic difficulties" By B. Amarsaikhan Ulaanbaatar, February 5 (MONTSAME) The Cabinet of Ministers held an irregular meeting on Wednesday in regard to the completion of the public poll to choose Mongolia’s developmental way.

D.Enkhee, International Master won silver medal from "Winter World Masters Game" By B. Khuder February 4 (gogo.mn) Mongolian athletes have showed successful result at "Winter World Masters Game" hosted by Quebec city specially, in marathon skating category. At the first day, Mongolian marathon skating athletes received six medals. 

Governor of BoM to be asked to voluntarily resign By B. Ireedui (gogo.mn) (Feb, 04) Today, Reform Committee of MPP is to meet with N.Zoljargal, Governor of Bank of Mongolia (BoM) at 3pm. 

Prime Minister meets local authorities By B. Amarsaikhan Ulaanbaatar, February 4 (MONTSAME) At the workshop meeting, run by the Cabinet Secretariat with the localities' authorities, the Prime Minister has given a detailed information about current economic level, policies and actions taken by the government.

Boxers to compete in Hungary By B. Khuder Ulaanbaatar, February 3 (MONTSAME) Boxers of the national selected team left Tuesday for Hungary to take part in the international “A” class tournament named after Istvan Bockain to start Wednesday in Derbecen city, Hungary.

"New Ulaanbaatar International Airport" meets lack of funds By B. Erdenechimeg February 3 (gogo.mn) New Ulaanbaatar International Airport construction project funds of soft loan issued in 2008 is to finish in July. Thus, to ensure the normal construction work flow, additional loan issue needs to be resolved urgently.

River-Ice thickness decreased by 10-40 cm By D. Tuguldur February 3 (gogo.mn) Lake and river ice thickness is decreased by 10-40cm comparing to the same period of last year due to warming in air temperature in Dec, 2014 and Jan, 2015.

Energy Minister receives US Ambassador By B. Amarsaikhan Ulaanbaatar, February 3 (MONTSAME) The Minister of Energy D.Zorigt received Tuesday the Ambassador Extraordinary and Plenipotentiary of the USA to Mongolia Ms Piper Campbell.

Ambassador of United Kingdom to Mongolia Ends His Mission in Country February 2 (infomongolia.com) On February 02, 2015, the President of Mongolia Ts.Elbegdorj received in his office, the Ambassador Extraordinary and Plenipotentiary of the United Kingdom of Great Britain and Northern Ireland to Mongolia, Mr. Christopher Charles Stuart due to end of his mission in the country.

Mongolia and China Sign Agreement to Construct 2x135 MW Power Plant in Umnugovi Aimag February 2 (infomongolia.com) On January 27, 2015, representatives of Mongolia’s MAK Energy LLC and China’s Harbin Electric International Company Limited have signed an agreement to construct 2x135 MW power plant on a turn-key basis at the site of Gashuun Sukhait coal deposit in Umnugovi Aimag, Mongolia.