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Government reform is the way out of crisis

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Having continued to decline, Mongolia’s economy has almost stopped growing today. Our economy is seeing a deficit of cash, and most businesses, especially those in the mining industry, are not able to pay back their loans or pay employee salaries. Foreign investment has halted while the budget deficit reaches one trillion tugrug every year. The [...]

April 11th, 2016 | Posted in Opinion | Read More »

Marching off a cliff

jumping man against blue sky.

By B.KHASH-ERDENE “Economic crisis”, “financial pressure”, and “Who is to blame?” seem to be on everyone’s lips. The people of Mongolia are feeling the struggle of the country’s crawling economy. Businesses aren’t able to pay their workers on time, small shops and cafes all over the city are closing their doors, herders and farmers don’t [...]

April 8th, 2016 | Posted in Opinion | Read More »

Argentina trapped in debt

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Argentina is an emerging nation currently considered to be one of Latin America’s three largest economies. With an area of 2.5 million square kilometers dominated by agriculture, Argentina has a population of 43 million, 80 percent of which are of Western European descent and the rest coming from Spain and Italy. Argentina’s GDP per capita [...]

April 4th, 2016 | Posted in Opinion | Read More »

Patching the front hem with the back hem

By M.OYUNGEREL The Mongolian phrase “patching the front hem with the back hem” perfectly describes Mongolia’s economy in the past. Making short-sighted decisions to cope with a lack of resources and spending extravagantly at the hint of money without thinking about the future. Sound familiar? Although Mongolians are extremely good at following foreign culture and [...]

April 1st, 2016 | Posted in Opinion | Read More »

Exploring the challenges facing Mongolia’s tourism industry

nohoin charganii sport Muugi --- (4)

By Charlie Kitcat Some countries are lucky, their consistently warm and sunny climates draw the masses who want nothing but a sun tan and a sit-by-the-pool retreat. Some countries, like Mongolia, are not so lucky. Since the dawn of democracy, tourism has blossomed, with 55,000 visitors in 1997 rising to 476,000 in 2012. However, this [...]

March 30th, 2016 | Posted in Opinion | Read More »

Our eroding freedom

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Freedom of speech allows us to express our opinion without any fear or any control that could be exerted by the government. It is also referred to as freedom of self-expression. Freedom of self-expression includes seeking, finding, and disseminating information through any channels. Freedom of speech is the backbone of other human rights. Without this [...]

March 28th, 2016 | Posted in Opinion | Read More »

Is it the right time to change Mongolian passports?

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Trans. by B.DULGUUN   The Mongolian National Registration and Statistics Office is preparing to change Mongolian passports to biometric passports, or e-passports, later this year. However, a small percentage of the population is against this project as they consider the new, advanced e-passports unnecessary. Reportedly, Mongolia has inserted chips containing data about the passport bearer [...]

March 25th, 2016 | Posted in Opinion | Read More »

VAT Law is strangling businesses, says NGOs

Trans. by B.DULGUUN A conference titled “VAT Law Enforcement and Problems Faced by Entrepreneurs” was held last week by the Mongolian People’s Party (MPP), entrepreneurs and NGOs. The Mongolian Wool and Cashmere Association and Mongolian Food Producers’ Association attended the conference. During the conference, representatives from NGOs stressed that the new VAT Law was “strangling” [...]

March 23rd, 2016 | Posted in Opinion | Read More »

Where is our president?

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Indonesia and Mongolia are different in many aspects, but there are similarities as well. Unlike Indonesia, Mongolia is sandwiched between Russia and China without access to the sea. We are the 17th largest territory in the world by area and have a population of three million. Indonesia, on the other hand, is ranked 4th in [...]

March 21st, 2016 | Posted in Opinion | Read More »

The gap year: A taste of real life or a twelve month joke?

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By Charlie Kitcat I am a 19-year-old from Cambridge, England. Since August, I have been meticulously planning and raising funds for 12 months free of academic education, my gap year. I have always wanted to see Mongolia, and when the opportunity to work for a paper in its ever-changing capital arose, I couldn’t possibly refuse [...]

March 18th, 2016 | Posted in Opinion | Read More »

Recently Commented

  • Oyun: www.theblueeconomy.org
  • Honheree: It is a sad and awful sight to see so many animals dead from dzuds. These have happened in the past and since 2004 there have...
  • Harvey Dent: Mongolia does not get 476,000 tourists a year. Its gets 476,000 arrivals, most of these are Chinese construction workers....
  • Honheree: It is good but unusual that a Mongolian is so forthright. I am D. Ganbold will be criticised by Mongolians for telling the...
  • Honheree: Be thankful Mongolia is so cheap. In USA lamb in stores costs 69,281 MNT /kg and sirloin which is cheaper cut of beef is...