Home » December 28th, 2014 Entries posted on “December, 2014”

Recent census finds 70 supposedly stolen historic artifacts

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By M.ZOLJARGAL A recent state census conducted at the National Museum of Mongolia (NMM) revealed 2,387 unregistered artifacts, stored in the archive of the museum. Among them, 70 were the artifacts which were reported missing or smuggled. Archive Chief of the NMM B.Enkhbat was found guilty of stealing and smuggling 448 types of 1,024 artifacts, [...]

December 28th, 2014 | Posted in Domestic | Read More »

Look back, Look ahead

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 By B.KHASH-ERDENE Another year is coming to its close. As this is the UB Post’s last edition of the year, we see it fit to revisit the changes and hurdles we encountered in the past 12 months and relay our expectations for the upcoming year. Our newspaper’s main objective for the year 2014 was to [...]

December 28th, 2014 | Posted in Opinion,Онцлох мэдээлэл | Read More »

Falling RUB exchange rate to benefit Mongolia

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Tans. by B.DULGUUN The USD to RUB exchange rate fell by some 45 percent this year due to the drastic decline in global oil prices and the prolonged crisis in Ukraine. The exchange rates of the RUB and MNT have shown some similar characteristics. At the beginning of 2014, one RUB equaled 51 MNT, but [...]

December 24th, 2014 | Posted in Opinion | Read More »

B.Amarsaikhan: I specifically wore deel to promote Mongolian traditional clothing

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Trans. by B.DULGUUN  The following is an interview with B.Amarsaikhan, the first Mongolian actor to set foot into Hollywood by starring in the 90 million USD drama series “Marco Polo”. He signed a contract with Netflix Inc. for the role of Arig Bukh in the current drama series created by John Fusco, “Marco Polo”. Netflix [...]

December 24th, 2014 | Posted in Prime Interview | Read More »

O.Magnai resigns in opposition to reshuffled Cabinet structure

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By M.ZOLJARGAL Director of the Agency for Fair Competition and Consumer Protection (AFCCP) O.Magnai announced his resignation on Monday following his objection to work for a government without an opposition party. He reported that the new government has been formed without any opposition party, which he believes is “totally against the principles of democracy”. “There [...]

December 24th, 2014 | Posted in Domestic | Read More »

2015 budget cuts

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Trans by B.NARANTUYA Parliament is set to make amendments to the 2015 budget of the Mongolian government. Parliament previously approved the 2015 budget revenue at 7.15 trillion MNT (29.8 percent of GDP), total expenses at 7.59 trillion MNT (31.7 percent of GDP), and the total deficit at 439.2 billion MNT (1.8 percent of GDP). The [...]

December 24th, 2014 | Posted in Community | Read More »

Meeting in China stresses road development

Trans. by D.SERGELEN A dialogue between Mongolia and China concluded last week in Beijing, China to underscore effective cooperation. Chinese President Xi Jinping visited Mongolia a few months ago and developed complex strategic relations between the two countries and expressed his willingness to extend friendly relations and cooperation. The dialogue was organized by the Peace [...]

December 24th, 2014 | Posted in Community | Read More »

Strategic investors for Tavan Tolgoi deposit selected

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By B.MENDBAYAR The three-party consortium of China Shenhua Energy Co Ltd of China, Sumitomo Corporation of Japan, and Energy Resource LLC of Mongolia was announced as the winner of the the tendering to elect investors to cooperate on operating the Tavan Tolgoi deposit, on December 22. Full operation of the Tavan Tolgoi deposit will be [...]

December 24th, 2014 | Posted in Business & Economics | Read More »

Minister of Finance J.Erdenebat: ‘It might take 4 to 5 years to lower debt to 40 percent of GDP’

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By Ch.KHALIUN News.mn spoke with Minister of Finance J.Erdenebat about the current economic situation, solutions, and future plans of the ministry to overcome the economic crisis.  The Mongolian People’s Party (MPP) opposed increasing the debt ceiling, but there are rumors that the debt ceiling will be increased. Could you give our readers an official explanation? [...]

December 24th, 2014 | Posted in Politics | Read More »

Over 950 million MNT budgeted for Mongolia’s three millionth citizens

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By D.SERGELEN The Mongolian government resolved to award and recognize the three millionth citizens of Mongolia on January 4, 2014, with awards and benefits valued at more than 950 million MNT. The National Statistical Office of Mongolia estimates that the three millionth citizens will be born in January 2015. Provinces and district will each identify [...]

December 24th, 2014 | Posted in Онцлох мэдээлэл | 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...