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    TO THE 70TH ANNIVERSARY OF THE ESTABLISHMENT OF DIPLOMATIC RELATIONS BETWEEN MONGOLIA AND THE REPUBLIC OF INDIA
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KT Corporation presents solar PV technologies to Erdenes Mongol LLC
Ulaanbaatar /MONTSAME/ O.Odbayar, Deputy Director responsible for Business Development of Erdenes Mongol LLC has received delegates led by Park Il Huan, Director for International Business of KT Corporation. The meeting held discussion on KT Corporation’s solar PV power technology modules and exchanged view on further cooperation  in improing mining industry and its infrastructure with solar PV power usage.  
3069 days
Mongolian Open 2017 freestyle wrestling competition approaching
Ulaanbaatar /MONTSAME/ The first team to submit their registrants to the Mongolia Open 2017 international freestyle wrestling competition was the national team of the Republic of Korea. Mongolian Open 2017 is going to be held at the Buyant Ukhaa Sports Complex of Ulaanbaatar between April 28 and 30.
3069 days
BoM holds FX auction
Ulaanbaatar /MONTSAME/ On April 13, The Bank of Mongolia holds FX auction.
3069 days
2017 Budget amendment approved
Ulaanbaatar /MONTSAME/ Yesterday, April 14, Parliament approved amendments to the law on 2017 State Budget and Law on Social Insurance Fund, proposed by the Cabinet on March 24. The amendments sets the 2017 state revenue projection at MNT6.035.7 billion or 23.3 per cent of GDP and expenditure at MNT8.750.2 billion, 33.6 per cent of GDP, with a deficit amounting to MNT2.714.4 billion, 10.4 per cent of GDP. 
3069 days
State Secretary of Ministry of Foreign Affairs meets Ambassador of Serbia
Ulaanbaatar /MONTSAME/ On April 13, D.Davaasuren, State Secretary of Ministry of Foreign Affairs of Mongolia received Zoran Vajovic, Ambassador and special envoy of the Republic of Serbia. At the meeting, the sides exchanged opinions on opportunities to intensify economic relations between Mongolia and Serbia, which have been maintaining friendly relations for a long time, to establish ties between the two countries' Chambers of Commerce and Industry and businesspeople and to cooperate in the fields of tourism and education.
3069 days
IDC Day Roadshow opens in Ulaanbaatar
International Data Corporation’s (IDC) IDC Day Roadshow themed 'On the way to digital transformation' opened on wednesday in Ulaanbaatar at the Kempinski Hotel Khan Palace, as a part of an international roadshow.
3070 days
Mongolia sees off senior athletes to World Masters Games in New Zealand
Ulaanbaatar /MONTSAME/ A ceremony to seeing off Mongolian athletes, who will be taking part in the World Masters Games 2017 to be held in Auckland, New Zealand on April 21-30, took place today, April 13, at the Central Sports Palace of Ulaanbaatar. This is the ninth edition of the World Masters Games and about 30 athletes of Mongolia will compete in 6 categories. 
3070 days
Junior National Wrestling Championships to be held named after J.Munkhbat
Ulaanbaatar /MONTSAME/ 2017 National Championships of Junior Freestyle Wrestlers will take place on April 24-27 at Buyant-Ukhaa Sports Palace in Ulaanbaatar. From this year, the annual event will be named after Hero of Labor and Merit Athlete of Mongolia, Undefeatable Giant of Nation-titled Munkhbat Jigjid. He is Mexico 1968 Olympic silver medalist, World Championship bronze medalist. 
3070 days
Water quality monitoring program launched at Khuvsgul Lake
Ulaanbaatar /MONTSAME/ The Ministry of Environment and Tourism of Mongolia and the Asian Development Bank /ADB/ have launched a project "Integrated Livelihoods Improvement and Sustainable Tourism in Khuvsgul Lake National Park Project", funded by the Japanese Government.  
3070 days
D.Otgondalai overwhelms his opponents in Thailand
Ulaanbaatar /MONTSAME/ Thailand International Invitational Boxing Tournament, formerly known as the King’s Cup, was held in Bangkok, Thailand on April 2-10. From a total of over 100 participants of 18 countries, State Honored Athlete and Rio 2016 Summer Olympic Games bronze medalist, ACBC Asian Champion and Icheon 2014 Asian Games winner D.Otgondalai snatched victory in 60 kg, winning his second gold medal from the tournament.
3070 days
Forum on hospitality industry trends and innovation to take place
Ulaanbaatar /MONTSAME/ “Horeca Ulaanbaatar Expo 2017”, the biggest annual exhibition and event for hotels, restaurants and catering companies, will take place for the 9th year at Corporate Convention Center on April 14-15. During the exhibition, a forum on hospitality trends and innovation will be organized, the main goal of which is to inform organizations in the hospitality industry with development guidance, economic benefits, technological solutions, marketing methods and best practices of international hotel chains. The following presentations will be held during the forum.
3070 days
Prominent bankers emphasize the importance of transparency and international standard governance and reporting
Ulaanbaatar /MONTSAME/ The American Chamber of Commerce (AmCham) in Mongolia hosted its April Monthly Meeting with prominent international and domestic bankers, as well as representatives from the Bank of Mongolia on April 12, 2017, at Shangri-La Ulaanbaatar Hotel. The panelists included Chief Economist of Bank of Mongolia J. Ganbaatar, CEO of Xac Bank M. Bold, CEO of Khan Bank John Bell, Executive Vice Chairman of Trade & Development Bank Randolph Koppa, Deputy CEO of Golomt Bank Tomas Bravenec, and AmCham Mongolia Board Member and Country Representative for ING Bank Erik Versavel.
3070 days
Chamber of Commerce and Industry cancels its demonstration
Ulaanbaatar /MONTSAME/ Today, the National Chamber of Commerce and Industry of Mongolia made an statement that the Chamber has cancelled a demonstration which planned to organize today, on April 13 at the central square. The chamber had handed a petition to the parliament, appealing to not  increase tax rates, imposing pressure to companies. However , the Chamber President B.Lhagvajav stated that they had met with the Parliamentary Speaker and reached an agreement.
3070 days
National Naadam Festival celebration to get MNT2.7 billion funding
Ulaanbaatar /MONTSAME/ Yesterday, the Organizing Commission of the National Naadam Festival held  a meeting at the State House, discussing about the budget of Mongolian traditional Naadam Festival, the state ceremonial concert and granting state titles to some national archers.
3070 days
Money in offshore bank accounts to be withdrawn in three months
Ulaanbaatar /MONTSAME/ At its plenary meeting held on April 13, the Parliament approved amendments to Law on Managing and Preventing from conflict of interests in the public service. The law bans state and government officials to hold offshore bank accounts and if the officials already have offshore bank accounts and have deposited money, they are obliged to withdraw money from the account within three months since the law approval and to report about it within 30 days after the action.
3070 days
21000 officials to work at Presidential Election
Ulaanbaatar /MONTSAME/ Yesterday, on April 12, the General Election Commission held its regular meeting, forming 22 organizing committees of the Presidential Election in aimags and in the capital.
3070 days
Ambassador B.Delgermaa presents diplomatic credentials to President of Armenia
Ulaanbaatar /MONTSAME/ On April 11, B.Delgermaa, Non-Resident Ambassador Extraordinary and Plenipotentiary of Mongolia to the Republic of Armenia presented her diplomatic credentials to S.A.Sargsyan, President of Armenia. Following the ceremony to present credentials, S.A.Sargsyan received Ambassador B.Delgermaa.   
3070 days
April 13 events
Following events are expected on April 13, Thursday. 10 AM: World Bank East Asia and Pacific biannual report is introduced at the World Bank Mongolian Office. 10 AM: Mayor’s Office in cooperation with Mongolian University of Life Sciences hosts a ‘Have you had milk?’ meeting in its office. 11 AM: A report titled ‘First assessment on the competitiveness of Ulaanbaatar districts’ is presented by Economic Policy and Competitiveness Research Center at Tuushin Hotel. 11 AM: Minister of Health A.Tsogtsetseg holds a press briefing on ‘Whole Liver Mongolian’ program at the Ministry of Health. 11.30 AM: A send-off ceremony is held at Central Sports Palace for athletes taking part in the World Masters Games in New Zealand. 11.30 AM: Organizers of ‘Technology and Investment in Mongolia 2017’ international expo hold a press conference at Mongol News press center. 3 PM: An academic conference is held in commemoration of the 25th anniversary of the establishment of General Election Committee. State House: Parliament convenes. 9 AM: Parliamentary Standing Committee on Budget meets. 10 AM: The Democratic Party group in Parliament holds a press conference. 11 AM: National Statistical Office and Parliamentary Standing Committee on State Structure call a press briefing on Consultative poll.
3070 days
Weather forecast until April 19
Ulaanbaatar /MONTSAME/  Precipitation is expected in western half of the country on April 15, in eastern half on April 16, northern parts of western aimags and eastern parts of eastern region and the Gobi on April 17 and in western and central regions on April 18. Winds will get stromger in Altai Mountains on April 15, the Gobi and steppes on April 16, in western aimags on April 17 and in most regions on April 18, reaching 14-16 m/sec and forming dust and snow storms. Tempetures will slightly fall in western region on April 15 and in most region on the following days. The nighttime temperature around Khuren Belchir and in the depression of Darkhad will be -8-13, and the daytime, +1+6 Celsius. In the banks of Ider and Tes rivers and in the Khangai, Khuvsgul and Khentii Mountains, the nighttime temperature will be -3-8, and the daytime, +5+10. In southern part of the Gobi, the nighttime temperature will be +1+6, and the daytime, +14+19. In other regions, the nighttime temperature will be -3+2, and the daytime, +11+16 Celsius. It will get warmer in eastern half of the country on April 18. 
3070 days
World Bank: Modest recovery expected in Mongolian economy in 2018
Ulaanbaatar /MONTSAME/ The outlook for developing East Asia is expected to remain broadly positive in the next three years, driven by robust domestic demand and a gradual recovery in the global economy and commodity prices, according to a new World Bank report. The report was presented at the World Bank Mongolia Office on April 13. It says: Poverty in the region is likely to continue to fall, driven by sustained growth and rising labor incomes. The global environment and domestic vulnerabilities, however, still pose risks to the region’s prospects. In the face of faster-than-expected interest rate hikes in the U.S., protectionist sentiments in some advanced economies, and rapid credit expansion and high levels of debt in several East Asian countries, the report recommends that policy makers continue to focus on prudent macroeconomic management and ensuring sustainable fiscal balances in the medium term.
3070 days
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