Mongolia’s economy has been in decline for almost 20 consecutive years. Despite the unique names they select for themselves, the governments we have had so far have failed to reduce currency depreciation, unemployment, and poverty. Although Mongolians attempt to accumulate money and wealth, our real income has not seen any increase because the savings rates [...]
By B.TUNGALAG Artist of the Mongolia State Academic Drama Theater Ts.Bayasgalan is taking part in the 5th International Chamber Theater Festival “Most”, taking place in Hannover, Germany from March 29 to April 3. T.Bayasgalan will open the festival with “I am Edith Piaf” monodrama today. All participants of the festival come from renowned theaters of [...]
By M.ZOLJARGAL The fifth Mongolia Open 2015 international freestyle wrestling tournament launched in Ulaanbaatar on Saturday. The tournament features 151 wrestlers from 12 nations, including from Russia, China, South Korea, Japan, the USA, France, Brazil and Mongolia. The wrestlers will compete in eight weight divisions in men’s and women’s tournaments at Buyant Ukhaa Sports Palace. [...]
Trans. by B.DULGUUN Lately, rumors have been spreading among the public about the possibility of stopping the housing loans with eight percent interest rate. Executive Director of Mongolian Mortgage Corporation LLC (MMC) D.Gantugs was interviewed for clarification on this matter. The Housing Mortgage Program, which issues the eight percent interest housing loan, has been active [...]
By M.ZOLJARGAL Mayor of Dornod Province S.Ganbat was dismissed last week, following the province representative council’s demand approved by Prime Minister Ch.Saikhanbileg. The Dornod Province Representative Council was ordered to submit a request to the Prime Minister for the appointment of the next mayor of Dornod Province within two weeks. The council submitted the demand [...]
The Vice Minister of Foreign Affairs of the Republic of Korea Cho Tae-yul is paying a visit to Mongolia. On Thursday, the visiting delegation were familiarized with the halls of the parliamentary session and standing committees, and the Government Palace’s media chamber, fully equipped with digital technology through the “e-Parliament” project supported by South Korea. [...]
By B.TUNGALAG A VIP screening of the first two episodes of Netflix’s “Marco Polo” series took place at Hunnu Mall on March 26. Writer of the series John Fusco, director Dan Minahan, producer Richard Sharkey, actor B.Amarsaikhan, famous Mongolian artists, and politicians attended the event. The VIP screening started with the red carpet entrance of [...]
Trans. by B.DULGUUN Many things can be done in 20 years, yet Mongolia still hasn’t created solutions for development plans that were first initiated 20 years ago. Will these development plans continue to wait for resolution or can they move forward from the discussion stage? Hydroelectric power plants Mongolia has constantly faced shortages of electricity. [...]
By B.TUNGALAG Ambassador Extraordinary and Plenipotentiary of Japan to Mongolia Takenori Shimizu once said, “We are able to know art, culture, foreign relations, history and the traditiond of countries through their postage stamps and envelopes. ” Takenori Shimizu, appointed as Ambassador of Japan to Mongolia in 1977, has been a long-time member of the Federation [...]
By B.TUNGALAG The 12th Saint Muse Academy Awards is scheduled to take place from May 17 to 23. The Saint Muse Festival is the biggest performing arts event that aims to select the best theatrical arts in Mongolia and elsewhere. A total of 47 theatrical works from Ulaanbaatar, provinces and abroad have been submitted to [...]
