Home » January 22nd, 2015 Entries posted on “January, 2015”

President takes part in World Economic Forum Annual Meeting


President of Mongolia Ts.Elbegdorj and Foreign Affairs Minister L.Purevsuren, followed by media representatives and other officials, are attending the World Economic Forum Annual Meeting 2015, being organized in Davos-Klosters, Switzerland, from January 21 to 24. Prior to the meeting, Professor Klaus Schwab, the founder and executive chairman of the World Economic Forum, talked about the [...]

January 22nd, 2015 | Posted in Politics | Read More »

Offices and schools to open with new schedules

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By M.ZOLJARGAL All state-run organizations, schools, and kindergartens in Ulaanbaatar will start their operations with revised schedules starting next Monday, following the Ulaanbaatar City Mayor’s Office initiative to reduce traffic congestion during business hours on weekdays. Starting from January 26, public organizations and government agencies will open at 9:00 a.m., Ulaanbaatar city administration and affiliate [...]

January 22nd, 2015 | Posted in Онцлох мэдээлэл | Read More »

Pawnbroker loans from Mongolian banks are crippling development


Trans. by B.TUNGALAG President of Mongolia Ts.Elbegdorj said at a session of the State Great Khural, “How do we build factories without money and loans? An interest rate of 24 percent per year can’t build factories. Banks in Mongolia are working like pawnbrokers.” Leading economists agree that it is almost impossible for companies to become [...]

January 20th, 2015 | Posted in Opinion | Read More »

Dishonesty won’t get us through an economic recession


Trans. by B.NARANTUYA Who is the economic amnesty law dedicated to? If the law is to be approved, authorities believe that the USD exchange rate will decline. As a result of the economic recession and pressures from tax authorities, 54,337 businesses, nearly 50 percent of all registered entities, have gone out of business. After the [...]

January 20th, 2015 | Posted in Opinion | Read More »

Revealing the taboo


By B.NARANTUYA Artsit B.Lkhamjav is presenting his solo exhibition, “Taboo”, at 976 Art Gallery. Over 30 paintings are presented in the exhibition, including artwork created between 1961 and 2011. B.Lkhamjav was born in 1941, in Hovd Province. “Without formal education in art and any knowledge of western-originated modern styles, Lkhamjav started producing his work; creating [...]

January 20th, 2015 | Posted in Arts & Culture | Read More »

Mongolian boy band S4 passes first stage of Chinese singing competition


By B.BAATAR Mongolian pop boy band S4 took part in the Chinese international singing competition “You Can”, in Beijing. S4 passed the first stage of the competition, organized by BTV state-owned television, on December 22. S4 was asked to take part in “You Can” during a concert by Erguna, a folk band from Inner Mongolia, [...]

January 20th, 2015 | Posted in Entertainment | Read More »

Mongolians finish Dakar Rally 2015 with success


By B.TUNGALAG Dakar Rally 2015, a 14-day race through Argentina, Chile and Bolivia, finished on January 18. Approximately 600 drivers and cyclers raced over 9,000 kilometers of roads, tracks and dunes in bike, quad, car and truck categories, but only 200 of them finished the Dakar Rally 2015. This year, Mongolian-Hungarian joint crew UNIQA SANDLANDER [...]

January 20th, 2015 | Posted in Sport & Leisure | Read More »

O.Chuluunbat: Budget cuts should begin from government luxuries and extravagance


Trans. by B.DULGUUN  The following is an interview with Economic Advisor to the Prime Minister O.Chuluunbat about some important issues in the economy and the new government. What are your thoughts on the policy of Prime Minister Ch.Saikhanbileg’s new government?  We can see that the main economic indicators declined substantially last year from some figures. [...]

January 20th, 2015 | Posted in Prime Interview | Read More »

No jobs for puppet masters in Mongolia

Tempus fugit

Trans. by Z.Tselmeg Students who studied theater in Russia through a government initiative have returned home only to realize that their studies were fruitless as there were no jobs for them. At the Ministry of Education, Culture and Science’s initiative, 10 Mongolian students went to study in St. Petersburg through a government scholarship of the [...]

January 20th, 2015 | Posted in Community | Read More »

Overview of social and economic situation in Mongolia by 2014


Trans. by M.ZOLJARGAL  The National Statistical Office of Mongolia released the preliminary results of its social and economic indicators of 2014, which revealed remarkable increases in production of national manufacturing. The report covers information about various fields within social and economic sectors of Mongolia.  Mining and national production In the mining sector, molybdenum, gold and [...]

January 20th, 2015 | Posted in Community | 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...