Home » December 28th, 2015 Entries posted on “December, 2015”

The Kingdom of Mongol Bank


A week ago Janet Yellen, Chair of the Federal Reserve System of the United States, announced that the Federal Reserve had increased its federal funds rate by 25 base points, after seven years at zero. As soon as the news was out, international stock exchanges saw significantly increased trading, whereas the price of gold reached [...]

December 28th, 2015 | Posted in Opinion | Read More »

Chingeltei District Labor Division helps ex-prisoners and people with disabilities find jobs and financial support


Trans. by B.DULGUUN Mediating between employers and job seekers is no easy task during an economic slowdown, but finding employment for people with disabilities and those recently released from prison is an even tougher challenge. Head of Labor Division of Chingeltei District L.Battuvshin gave an interview about the division’s efforts to enhance employment, professional training [...]

December 28th, 2015 | Posted in Prime Interview | Read More »

Inflation expected to fall to one percent by 2016

By B.TUNGALAG Mongol Bank predicts that the inflation rate will drop continuously in 2016, and rise again in 2017. Mongol Bank explains that a rapid decline in inflation will be linked to four factors. Firstly, there will be a decline in inflation caused by slow economic growth and reduced demand. Secondly, a main factor in [...]

December 28th, 2015 | Posted in Business & Economics | Read More »

Buyant Ukhaa-2 commissioned


By M.OYUNGEREL The Buyant Ukhaa-2 apartment complex, located in the 10th khoroo of Khan-Uul District, opened on December 25. Speaker of the Parliament Z.Enkhbold, Ulaanbaatar Mayor E.Bat-Uul, General Secretary of the Democratic Party L.Erkhembayar, President of the National Creation Corporation B.Jugder, Director of the State Corporation for Apartment Investment (SCAI) A.Gantulga, and Executive Director of [...]

December 28th, 2015 | Posted in Domestic | Read More »

Amendments to the election law approved

Citizens giving votes

By E.OYUNDARI Proposed amendments to the law on parliamentary elections in Mongolia were discussed during the plenary meeting of Parliament on Friday, and parliamentarians passed the changes to the general Law on Elections with 86.7 percent approval. Draft documents and suggested changes for the law on parliamentary elections were submitted by R.Burmaa and 15 other [...]

December 28th, 2015 | Posted in Politics | Read More »

‘Burte Chono 2015’ winners announced


  By B.DULGUUN   The Burte Chono 2015 Festival was broadcast on Mongolian National Broadcaster last Friday to honor the nation’s top athletes, coaches, and sports committees.   President of Mongolia Ts.Elbegdorj, President of the Olympic Committee of Mongolia D.Zagdsuren, and famous athletes and sports figures were invited to participate in the event. This year’s [...]

December 28th, 2015 | Posted in Entertainment,Онцлох мэдээлэл | Read More »

The good pervading the smoke


By M.OYUNGEREL Good deed campaigns have been spreading around Ulaanbaatar this Christmas season, sparking little fires in the hearts of those who need good deeds the most. I see that the flow of these campaigns is only increasing, even in times of economic recession. Whether these deeds are done for social media likes and shares, [...]

December 25th, 2015 | Posted in Opinion | Read More »



By M.OYUNGEREL “Power”, M.Munkhzul’s first solo exhibition, is on view at Blue Moon Art Gallery until December 27. M.Munkhzul won a competition organized by Blue Moon Art Gallery last year. The sculptor’s prize was the opportunity to present a solo exhibition at the gallery. He depicted Mongolian culture and its symbols in “Power”. The exhibition [...]

December 25th, 2015 | Posted in Arts & Culture | Read More »

Moon Dance successfully participates in the World Latin Championship


By B.BAATAR Moon Dance, a Mongolian ballroom dance team, successfully took part in the World Dance Sport Federation’s (WDSF) World Latin Championship, held in Vienna, Austria, on December 12. A total of 20 teams from 11 countries competed in the championship. In the first round, Moon Dance was selected as one of the top 12 [...]

December 25th, 2015 | Posted in Entertainment | Read More »

Khilchin wins Arj Cup


By B.TUNGALAG The first Arj Cup women’s wrestling tournament took place at the Central Sports Palace on December 22. Khilchin team won the cup and a 10 million MNT prize money. A total 50 wrestlers from seven teams competed in the tournament. Hasu Megastars and Aldar-1 placed second and third respectively. In the final match, [...]

December 25th, 2015 | Posted in Sport & Leisure | 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...