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Highlights
Central bank policy rate lowered to 12 percent
The Bank of Mongolia’s Monetary Policy Committee held a meeting today on June 15 and lowered the policy interest rate down to 12 percent. Previously, the interest rate was set at 14 percent by the committee’s decision on March.  
2967 days
Fourth Ulaanbaatar Dialogue kicks off
The 4th Ulaanbaatar Dialogue on Northeast Asian Security international conference opened today, June 15 at the Ministry of Foreign Affairs.  
2967 days
Two Mongolian singers qualify for final round of BBC Cardiff Singer of the World 2017
On June 11-18, the final round of  BBC Cardiff Singer of the World 2017 is taking place in Cardiff, Wales. The competition for opera and art singers held every two years. Currently, twenty finalists are selected to perform in front of a jury of distinguished opera experts and equally discerning experts in the final stage of the competition. 
2967 days
Major fire breaks out at Gobi cashmere factory
A fire broke out at the main factory of Mongolia's cashmere product manufacturer “Gobi” JSC, burning down the roof of entire factory complex last night. Authorities initially received the call at 10.45PM and National Emergency Management Agency (NEMA) reacted immediately, deploying all available units.
2967 days
Construction Minister reports on 1000 apartments project
During the Cabinet’s regular meeting on June 14, Wednesday, Minister of Construction and Urban Planning G.Munkhbayar reported that preparations were complete for the construction of 1000 apartments after necessary replanning of some ger areas in Sukhbaatar district.
2968 days
List of equipment and spare parts exempt from tax approved
On May 14, during its Cabinet meeting, the Government approved a list of equipment and spare parts for small and medium enterprises, which are to be exempted from customs tax until 31 December 2018.  The Government action program in 2016-2020 indicates that domestic production would be backed by tax and customs service. Moreover, producers and professional organizations requested to extend the effective period of the previous resolution and add 623 types of equipment to the list. Considering these, the Government passed the new list, which includes 641 types of equipment of 27 sectors. 
2968 days
Mongolia and Japan to continue development policy loan negotiations
During its regular meeting on June 14, Wednesday, the Cabinet looked over draft policy measures to be taken in the framework of ‘Fiscal and Economic Reform Development Policy Loan’, to be co-realized by the government and Japan International Cooperation Agency (JICA).
2968 days
Cabinet resolves on construction of three strategic roads
During its regular meeting on June 14, Wednesday, the Cabinet agreed on construction of three roads, and assigned National Development Agency to choose contractors in compliance with the relevant laws and regulations.
2968 days
Mongolia to spend CNY 2 billion on ger area replanning
During its regular meeting on June 14, Wednesday, the Cabinet resolved to spend Chinese CNY 2 billion aid on ger area re-planning to reduce air pollution.
2968 days
1000 families’ apartments to be built with Chinese aid
1000 families’ apartments will be built in Ulaanbaatar with non-refundable aid from the Chinese Government, in pursuant to the agreement by PM of Mongolia J.Erdenebat and Premier of the State Council of the People’s Republic of China Li Keqiang during the PM’s visit to China in May.  Recently, working group delegates headed by Deputy Minister of Construction and Urban Development Sh.Lhamsuren worked in Bugat city (Baotou of Inner Mongolia, Autonomous region of People’s Republic of China).
2968 days
FM Ts.Munkh-Orgil discusses inter-parliamentary cooperation with US Congress members
On the sidelines of his visit to the US, Minister of Foreign Affairs of Mongolia Ts.Munkh-Orgil held meetings with members of the United States Congress to discuss bilateral ties and cooperation, especially, between the legislative bodies. While underlining that inter-parliamentary interactions have been making great contributions to Mongolia-US relations, the Foreign Minister extended thanks to the US Congress for passing a number of resolutions in support of Mongolia.
2968 days
Foreign Minister meets Secretary of State Rex Tillerson
Minister of Foreign Affairs Ts.Munkh-Orgil met United States Secretary of State Rex W.Tillerson on June 13, Tuesday, during his official visit to the country which wraps up today.
2968 days
Political consultation between Foreign Ministries of Mongolia and Germany held
On June 14, political consultation meeting between the Ministries for Foreign Affairs of Mongolia and Germany took place in Ulaanbaatar. The meeting was led by D.Davaasuren, State Secretary of the Foreign Ministry of Mongolia and Mr. Norbert Riedel, Regional Director for Asia and the Pacific of the Federal Foreign Office of Germany. 
2968 days
Foreign Minister promotes investment into Mongolia
On June 12-13, Minister of Foreign Affairs Ts.Munkh-Orgil, who is paying an official visit to the United States, partook in the fourth annual US Trade Mission, organized by the American Chamber of Commerce, and Investors’ Roundtable Meeting.
2968 days
MIAT launches direct flight between Ulaanbaatar and Busan
MIAT Mongolian Airlines’ first Ulaanbaatar-Busan route flight is scheduled on June 22, Thursday. Starting from June 22, the twice-a-week flights will be regularly conducted from Ulaanbaatar on every Thursdays and Sundays. The newly established route is important in connecting Mongolian business owners to South Korea’s second most-populous city.
2968 days
Flight ticket price might be cut by 20-40 percent
Price of flight tickets can be reduced by 20-40 percent, said the officials during a press conference held yesterday, June 13, by the Ministry of Road and Transport Development, the General Authority of Civil Aviation, Hunnu Air and Aero Mongolia Companies.
2968 days
Mongolia-Austria business meeting held
Ulaanbaatar Chamber of Commerce, Mayor’s Office, Austrian Economic Chamber and Ulaanbaatar Development Corporation co-held a business meeting on June 13, Tuesday.
2969 days
Peace Corps to promote volunteerism in Mongolia
Minister of Foreign Affairs Ts.Munkh-Orgil met Sheila Crowley, Acting Director of the Peace Corps during his official visit to the United States on June 12, Monday.
2969 days
Foreign Minister meets White House National Security Advisor
Minister of Foreign Affairs Ts.Munkh-Orgil met White House National Security Advisor Lt. Gen. H.R. McMaster on June 12 during his official visit to the United States which wraps up today, June 14.
2969 days
Mongolian film wins Altan Khalis award
On June 9-11, the fifth Altan Khalis Independent Film Festival took place in Ulaanbaatar. The festival has been known as the first and foremost experimental film festival in Central Asia as Golden Reel International Underground Film Festival for 4 years. Starting from 2015, the film festival is broadening its reach of filmmaking world and, more than 260 films of 60 countries were sent and only 25 were selected this year. 
2969 days
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