Ooluun.B
ooluun@montsame.gov.mn
2025-08-02 17:39:17
Mongolian model walks runway at Vietnam International Fashion Week
Mongolian photo model and Miss B.Gunzaya participated in a Vietnam International Fashion Week on April 25-28 in Ho Chi Minh City. She presented works by French designer Patrick Pem and Mongolian Fashion House “O Couture”. During the fashion week, over 20 collections by more than 20 international and domestic designers, including those from France, Australia, Portugal, the Republic of Korea, Thailand and Israel were presented by top models from South Korea, France, Russia and Vietnam.
3011 days
MNT 23.9 billion invested for mortgage loan funding
By the end of April 2017, Bank of Mongolia invested a total of MNT23.9 billion for financing of mortgage loan program to commercial banks. Mortgage loans were granted to 383 borrowers in Ulaanbaatar and 322 in rural area. According to a renewed regulation of mortgage funding, BoM finances mortgage loans every month with repayments of bond principal and coupon, which are guaranteed by mortgage.
3011 days
Parliament cancelled its decision to pass big projects' sales income through Mongolian banks
The second clause of Parliamentary resolution number 29, which indicated to raise state currency reserve by passing sales income of big projects with foreign investment through accounts of Mongolian banks, was cancelled during yesterday’s (May 4) plenary session of the Parliament. 65.5 per cent or 36 MPs out of the attended 55 backed to cancel the clause. On April 14, parliament approved amendments to the 2017 state budget and other following laws and resolutions, which included resolution number 29. The Budgetary standing committee of Parliament developed a draft resolution to cancel the clause, in a request by Finance Minister, because it has caused difficult condition to implement joint program with the International Monetary Fund.
3011 days
Raft on Selenge River is serving for shortcut
A raft started to serve people on the Selenge River in Teel bag of Khutag-Undur soum, Bulgan aimag. In request of some herders, who reside in Atsad of Teel bag, on the opposite side of the river, the soum authorities made a decision to operate the raft with scheduled time from 07 a.m to 10 p.m, appointing two men in charge of operation. The raft allows Teel bag citizens to travel to the soum center directly as well as travelers to Bayan-Agt soum or Khanui spring resort to take a shortcut to main road, in route of Khuvsgul aimag.
3012 days
Jason Allford: IMF and WB are ready if Parliament makes its decision certain
Today, May 04, Head of Cabinet Secretariat, Minister J.Munkhbat met with the World Bank representatives, headed by Jason Allford, the Executive Director of the World Bank Group representing Mongolia and some other countries. Minister J.Munkhbat noted that protecting investors’ rights in legal frame is one of the priorities of the Government and a council in charge of protecting investors’ rights was established by an order of Prime Minister. He expressed his thanks to the World Bank for granting financial support within the IMF program to Mongolia.
3012 days
Road between Tosontsengel and Uliastai to be built with Chinese soft loan
At its yesterday’s meeting, the cabinet approved a draft of revised Government resolution on projects to be implemented with a soft loan of USD500 million, granted from the Government of the People’s Republic of China to the Government of Mongolia.
3013 days
'Khovd Thermal Power Station' company to be established
3013 days
Mongolia's Steppe Road and China's Belt and Road initiatives to be harmonized
Yesterday, in its meeting the cabinet discussed and backed draft memorandum of understanding between Governments of Mongolia and People’s Republic of China (PRC) on coordinating initiatives ‘Steppe road’ and ‘The Belt and Road’. ‘The Belt and Road’ initiative has become interior and foreign policy strategy of PRC since Chinese leader Xi Jinping had proposed it and China appeals countries of the world to join the initiative. The initiative focuses on connectivity and cooperation in policy coordination, infrastructure construction, trade and finance and people to people relations among 65 countries, covering East Asian 11 countries, West Asian 18, South Asian 8, Central Asian 5, Commonwealth of Independent States’ 7, Middle east and east European 16 countries
3013 days
Erdenet mine shows profit of MNT86.7 billion in first quarter
Erdenet Mining Corporation, one of the largest copper mine has worked with a profit of MNT86.7 billion, paying tax of MNT135.5 billion in the first quarter of this year. Yesterday, May 02, Parliamentary Economic Standing Committee heard of current situation and other issues related to the company. Some factors including copper price in the world market and exchange rates have influenced to work in such profit, said the Company Director Kh.Badamsuren.
3013 days
Parliamentary resolution clause to be reconsidered
The Mongolian People’s Party (MPP) group in parliament reached an agreement that Parliamentary resolution clause on transmission of big projects’ money through Mongolian banks should be reconsidered.  Today, the party group chairman D.Khayankyarvaa made a briefing after the group’s meeting.
3014 days
Neil Saker: IMF is cautious about investment environment worsening
The International Monetary Fund Executive Board has postponed making a final decision on its Extended Financial Facility (EFF) in Mongolia. The delay is caused by a parliamentary resolution clause on currency transmission of large-scale projects through Mongolian banks. The Executive Board was expected to make the final decision during their meeting last week. Today, on May 02, IMF Resident Representative Neil Saker gave explanations regarding the issue during a press conference at the State House. He said that the EFF has two main goals, including overcoming economic difficulties and creating policy foundation that ensures economic growth in the long term. Policy measures will be largely implemented on budget. The IMF backs the Government plan to reduce budget deficit, lowering it to 10.5 per cent of GDP this year and to have a positive balance by the beginning of 2020.
3014 days
Concession agreements of MNT11.1 trillion to be audited
Concession agreements, which totaled MNT11.1 trillion, will be audited, following the recommendation by the International Monetary Fund in connection with the implementation of its Extended Fund Facility program and to define the possibilities of financing them. 
3014 days
Darkhan-Uul to mark ‘Humanitarian day’ on 8th of every month
Darkhan-Uul aimag will mark the 8th of every month as “Humanitarian day”. The Citizens’ Representative Meeting of Darkhan-Uul aimag backed the proposal of the Red Cross Society's branch in the aimag, considering it as a proper to encourage government organizations, NGOs, citizens and companies to involve in humanitarian and charitable campaigns across the aimag.
3014 days
Uvurkhangai develops cooperation with Allier department of France
Uvurkhangai aimag has a cooperation agreement with Allier department of France over 15 years. Uvurkhangai aimag delegates headed by the Chairman of the Citizens’ Representative Meeting of the aimag visited Allier in November, 2016, holding talks on cooperation directions in 2017.   The agreements during the visit started to be realized in the agriculture sector. A student of the National Agriculture Institute of Toulouse city Nina Jeron has come to Kharkhorin soum to teach European technology of making cheese to local women and conduct experimental cheese production in Bat-Ulzii soum, planning to work there till September 15.  
3015 days
Children’s hospital to be built in Nalaikh district of Ulaanbaatar
A children’s hospital with 50 beds will be built in Nalaikh, remote district of Ulaanbaatar with grant of ‘Khangardi-Ulaanbaatar’ NGO and Peace and Friendship Fund of People’s Republic of China.  The foundation laying ceremony of the hospital was held on April 28. Nalaikh district has a population of 36 thousand and children aged 0-15 years old make 32 per cent of the total population, newborns increase by 900 annually.
3015 days
‘Gobi Wolf’ international exercise is running for sixth time
Gobi wolf’ international exercise training started today, May 1, in Umnugobi aimag, organized by the National Emergency Management Agency (NEMA), USA Embassy in Mongolia and U.S. Army Pacific for the sixth time. The training aims to improve the regional readiness in response to natural disasters, to ensure implementation of newly adopted law on Disaster prevention and to test management and organizational structure and tools for disaster response as well as to improve civil-military cooperation of the parties. “- ‘Gobi Wolf’ exercise is expanding year by year with increased number of international participants and it has become a 'Mongolian brand'-disaster response exercise. This year, the exercise is running under the theme ‘Let’s spread our knowledge and share experiences” said Brigade General T.Badral, NEMA Chairman.
3015 days
Budget deficit forecasted to be 9.5 per cent of GDP
Bills on 2018 Fiscal framework statement and 2019-2020 Budget assumption were submitted to the Parliament. The documents indicated that budget deficit in GDP would be 9.5 per cent in 2018, 6.9 in 2019 and 5.1 per cent in 2020 in compliance with goals to ensure budget unity in the midterm, to reduce budget deficit in stages, restrict expenditure growth, stabilize Government debt in legal threshold, ensure macroeconomic growth through budget stabilization. Fiscal framework statement bill was developed following to preliminary performance report of 2016 budget, midterm budget indicators, which agreed within the framework of the Extended Fund Facility program to be implemented with the International Monetary Fund and special fiscal requirements, which is defined in the Fiscal Stability law.  
3015 days
Raised three taxes come into effect today
Amendments to the 2017 State Budget 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 three types of taxes is coming into effect starting today, May 01. Those include tax on interest of bank savings, customs tax on imported cigarettes and excise tax on passenger cars.
3015 days
Shareholders' meeting of Erdenes Tavantolgoi takes place
Today, April 28, a regular meeting of shareholders of Erdenes Tavantolgoi Company was held at the Finance Center. Out of 2.5 million Mongolian citizens, who own 1072 shares of the company each, 65 shareholders attended the meeting.
3018 days
Cultural festival of nomads to be held on shore of Ulaagchnii Khar Lake
Cultural Festival of Nomads to be held on the shore of Ulaagchinii Khar Lake in Zavkhan aimag on July 23-25. Organizers, the tourism department of Zavkhan aimag and the Governor’s Office of the province have chosen the site, considering its unique natural beauty.
3018 days
New Central Wastewater Treatment Plant to Commence Operations in October 1 day
Development Trends for Next 50 Years and Future Policy Directions Discussed 1 day
Mongolia–Canada Comprehensive Partnership Expands with New Content 1 day
Mongolia’s Participation in OSCE’s Activities Appreciated 1 day
Mongolia and Kazakhstan to Expand Inter-Parliamentary Cooperation 1 day
Seventh World Mas-Wrestling Championships Commence 1 day
Travel Conditions for Mongolian Citizens Visiting South Korea to Be Reviewed 1 day
Mongolian Students Win Two Bronze Medals at International Geography Olympiad 1 day
Foreign Minister Expresses Mongolia’s Commitment to Advancing Beneficial Cooperation with Finland 1 day
Mongolia and Japan to Cooperate on Expanding Green Housing Finance 1 day
Mongolia Reaffirms Commitment to Democratic Governance and Inclusive Representation 1 day
President of Mongolia Pays a State Visit to the Republic of Tajikistan 1 day
Mongolia and Russia to Deepen Inter-Parliamentary Cooperation 1 day
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The latest issue of Mongolia Today Magazine is now available, July 2025 2 days
P. Baigalmaa: "Undur Gegeen Zanabazar's White Tara is not a Mere Sculpture, but a Living and Breathing Artistic Figure" 2 days
Second-Stage Tender for Ulaanbaatar Metro Project to Be Announced in August 2 days
People’s Artist E. Amartuvshin Ranked World’s Top Opera Baritone 2 days
Research Launched to Determine Habitat Range of Snow Leopard 2 days
Fifth Mongolia-China Expo to Be Held Late August in Hohhot 2 days
Fukushiro Nukaga: “New Chapter Opened in Interparliamentary Cooperation” 2 days
MIAT’s New “Irves” Aircraft Lands in Mongolia After 12,265 km Trip 2 days
Five Aimags Classified as High-Risk for Drought 3 days
Mongolia and the Republic of Türkiye to Expand Historical and Cultural Cooperation 3 days
Prime Minister of Mongolia Receives Prosecutor General of the Supreme People’s Procuracy of Vietnam 3 days
Over 180 Countries Participate in the Sixth World Conference of Speakers of Parliament 3 days
Prime Minister Reviews Progress at Kharkhorum Redevelopment Site 3 days
Mongolia Wins Bronze in 8th Asian Junior Taekwondo Poomsae Championships 3 days
39 Mongolian Students to Study in Germany Under “President's Scholar - 2100” Program 3 days
Lun Soum Agroforestry Project Experiments with Korean Vegetable Seedlings 4 days
SOAP II Project Makes Progress in Darkhan-Uul Province 4 days
Greenhouse Propagation Technology for Coniferous Trees Under Testing 4 days
Monument of Late People’s Artist G. Tumendemberel Erected in Ulaangom 4 days
Over 3,900 Mongolian Citizens Working in Japan 4 days
Ambassador of Mongolia to Colombia Presents Letter of Credence 4 days
Ulaanbaatar and Beijing to Cooperate on Reducing Traffic Congestion 4 days
First International Jeonju-Murun Flight Operated 4 days
Speaker of Parliament D. Amarbayasgalan to Attend the 6th World Conference of Speakers of Parliament 4 days
“A Moment of Opportunity: Supercharging the Clean Energy Age” 4 days
President of Mongolia Pays Tribute at Statue of Marshal Tsedenbal Yumjaa in Uvs Aimag 4 days
Uvs Aimag Awarded Order of Sukhbaatar on 100th Anniversary 4 days
Battushig Batbold on Mongolia’s Olympic Rise and Global Ambitions 5 days
New Choir-Mandalgobi-Arvaikheer Highway to Shorten Cargo Routes by Up to 400 km 5 days
Mongolia–Japan International Business Innovation Forum to Be Held on August 18 5 days
Bus Rapid Transit Project to Accelerate Traffic by 10-20 Percent 5 days
Mongolia’s Pavilion at Osaka-Kansai Expo Draws 2.2 Million Visitors 5 days
President of Mongolia Partially Vetoes Parliamentary Resolution on the Implementation of “Gold-3” National Campaign 5 days
Mongolian Student Wins Bronze at International Biology Olympiad 5 days
Mongolia to Host Asian Taekwondo Championships 5 days
This Week in Mongolia 5 days
State Visit of President Khurelsukh Uknaa to the Republic of Tajikistan Concludes 6 days
Speaker of Majlisi Namoyandogon of Tajikistan Pays a Courtesy Call on President of Mongolia 6 days
President of Mongolia Pays a State Visit to the Kyrgyz Republic 9 days
Mongolia and Tajikistan Sign Documents on Relations and Cooperation 9 days
President of Mongolia Holds Official Talks with President of the Republic of Tajikistan 9 days
179 Patents Granted in First Half of 2025 9 days
Mongolia Participates in “Making Asia” International Art Festival 9 days
Mongolian Students Win Five Medals at 55th International Physics Olympiad 9 days
Specialized Housing Finance Bank to Be Established 9 days
President of Mongolia Begins State Visit to the Republic of Tajikistan 9 days
President of Mongolia Officially Welcomed in the Republic of Tajikistan 9 days
State Visit of President Khurelsukh Ukhnaa to the Kyrgyz Republic Concludes 9 days
Minister Naranbayar Meets Mongolian Students Studying at Manas University 9 days
Over 150 Companies Participate in Mongolia–Kyrgyzstan Business Forum 10 days
“Beautiful Country of Mongolia” Photo Exhibition Opens in Bishkek 10 days
Morin Khuur Exhibition Opens in the Kyrgyz Republic 10 days
Prime Minister Orders Review of Tripartite Agreement on Labor and Social Partnership by July 30 10 days
270.8 Thousand Legal Entities Registered in Business Registry 10 days
Social Insurance Revenue Rises in First Half of 2025 10 days
B. Erdenedalai: Measures Under Way to Boost Productivity, Balance Workloads, Ensure Social Protection 10 days
President of Mongolia Meets with Chairman of the Cabinet of Ministers of the Kyrgyz Republic 11 days
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