‘Mongolian oil refinery’ state company to have subsidiary
Ulaanbaatar /MONTSAME/. The Cabinet, at its session today, January 6, made following decisions.
Liquor license of 14 factories revoked on breach of regulations
Ulaanbaatar /MONTSAME/. Based on the conclusion by the Specialized Inspection Department and Ministry of Food, Agriculture and Light Industry, the Cabinet today agreed to revoke liquor licenses of 14 alcoholic beverage factories.
Refined coal plant to be built in 2020
Ulaanbaatar /MONTSAME/. At the Cabinet’s meeting held today, January 6, Minister of Energy Ts.Davaasuren presented a plan to build a 600-thousand-ton-capacity refined coal briquettes plant in the eastern district Bayanzurkh of Ulaanbaatar city this year. The plant will be able to produce 52.8 thousand tons of refined coal briquettes in a month.
MIAT Mongolian Airlines reduces its fares
Ulaanbaatar /MONTSAME/. Mongolian national flag carrier MIAT Mongolian airlines is now operating flights in one domestic and 12 international destinations with Boeing 767 and Boeing 737 jet airliners as of today. Mongolian air transport demand is heavily affected by the seasonality with air traffic is higher in summer and decreases by 2-3 times during winter season.
‘One City – One Standard’ to improve living standard of Ulaanbaatar
Ulaanbaatar /MONTSAME/. Kicking off 2020, Ulaanbaatar city today introduced some of the major works planned this year within the framework of ‘One City – One Standard’ year announced by the capital city governor.
2019 profits of some state owned companies soared to record high
Ulaanbaatar /MONTSAME/. In 2019, profits of some large state-owned enterprises reached an all-time high.
Medical oxygen plant installed in Uvurkhangai aimag medical center
Uvurkhangai /MONTSAME/. A new oxygen generator plant to supply oxygen to medical organizations nearby opened at the Uvurkhangai aimag’s regional diagnostics and medical center.
Government repays MNT 1.5 trillion debts in 2019
Ulaanbaatar /MONTSAME/. Within the framework of Government’s goal to ‘reduce debt burden’, debts worth MNT 1.5 trillion were paid off in 2019 by improving budget discipline and opting out of high-interest commercial loans.
VAT refunds worth MNT 139 billion to be distributed
Ulaanbaatar /MONTSAME/ This year, more than 900 thousand citizens will be receiving Value-Added Tax (VAT) refunds worth MNT 139 billion for their purchases made in 2019.
Best Artworks of 2019 on display
Ulaanbaatar /MONTSAME/. An exhibition displaying the best artworks of 2019 is being held at the Art Gallery of Union of Mongolian Artists in Ulaanbaatar city.
Commercial banks told to halt lending for pensioners
Ulaanbaatar /MONTSAME/. In his New Year’s Eve address on television, President of Mongolia announced that a decision made by the members of the National Security Council on a full and one-time repayment of all pension loans by means of boosting the economic activities of the Salkhit silver mine, with the purpose of relieving the elders who dedicated their lives for the development and prosperity of Mongolia of their debt pressure.
State Secretary of Education Ministry visits Magic Mongolia – 2 center
Ulaanbaatar /MONTSAME/. Secretary of State of Ministry of Education, Science and Sports B.Bayarsaikhan visited the ‘Magic Mongolia-2’ project’s Child Protection and Development Center located in far western district of Ulaanbaatar city.
National minimum wage rises to MNT 420 thousand
Ulaanbaatar /MONTSAME/. Upon a 2018 resolution of Tripartite National Commission for Labor and Social Concession, minimum wage is set at MNT 420 thousand starting January 1, 2020. The minimum wage growth makes the minimum amount of social insurance premium MNT 60.900.
Pension of 21.2 thousand people increased by MNT 50 thousand each
Ulaanbaatar /MONTSAME/. The Government’s decision dated December 30, 2019, to increase pension around 21.2 thousand people by MNT 50 thousand takes effect today, January 1, 2020.
One million children to receive monthly Child Allowance
Ulaanbaatar /MONTSAME/. A parliamentary resolution made on November 28, 2019 to grant monthly Child Money allowance to all children, whose parents and caregivers applied for the allowance, comes into force today, January 1, 2020.
Mongolian President welcomes New Year with good news for seniors
Ulaanbaatar /MONTSAME/. President of Mongolia Kh.Battulga rang in the New Year with traditional greetings addressing the nation just moments before the clock strikes midnight. The message was broadcasted on TV across the country.
Oyu Tolgoi awarded 25 students with full scholarship
Ulaanbaatar /MONTSAME/. On the occasion of the 97th anniversary of the Mongolian Mining Industry, Oyu Tolgoi awarded 25 students with full scholarship and 50 high school students with certificates to participate in the Youth Development Programme respectively.
Renewables making up 7.1 percent of electricity generation of Mongolia
Ulaanbaatar /MONTSAME/. On December 27, Economics Journalism Club hosted a discussion under the theme renewable energy in Mongolia. Around 7.1 percent of Mongolia’s total energy consumption comes from renewable energy resources.
Ministry of Environment and Tourism gives information on Donald Trump Jr.’s trip to Mongolia
Ulaanbaatar /MONTSAME/. On December 30, 2019, Mongolian Ministry of Environment and Tourism released a press release concerning recent press reports, which have suggested Donald Trump Jr. illegally or preferentially obtained a Mongolian government hunting license for the endangered Argali mountain sheep.