HIGHLIGHTS
NEW
MOST READ
Ministry of Energy plans to take control of power plants following Saturday blackout yesterday
Paige Stringer: If a newborn is diagnosed early of hearing loss they have the potential to live a normal life 2018-09-14
Financial reporting practices to improve by 2020 The Bank of Mongolia (BoM) is working to introduce the 9th International Financial Reporting Standard (IFRS) to the Mongolian banking sector by 2020. Products and services in the banking industry have dramatically increased, in conjunction with constantly evolving financial markets, so that it has become imperative to strengthen financial discipline. Deputy Governor of the BoM B. Lkhagvasuren stated, “Taking financial reporting practices to the next level, in line with international standards, will lead to increased resources for the risk funds of banks.” yesterday
Civil servant salaries could be raised by 20 percent in 2019 On September 18, the Trilateral National Commission for Labor and Social Agreements met to discuss salary increases for civil servants in 2019. Minister of Labor and Social Welfare S. Chinzorig, Executive Director of the Mongolian Employers’ Federation Kh.Ganbaatar, and President of the Confederation of Mongolian Trade Unions Kh. Amgalanbaatar negotiated to increase civil servant salaries by at least by 20 percent in 2019, and to include 266 billion MNT in the 2019 state budget for the anticipated salary raises. Minister S. Chinzorig noted that he would present the agreement to Parliament next Friday. yesterday
Cabinet Secretariat meets with Communist Party Secretary of Inner Mongolia During his visit to the Inner Mongolia Autonomous Region of China, Cabinet Secretariat G. Zandanshatar met with Communist Party Secretary of Inner Mongolia Li Jiheng, on September 17. G. Zandanshatar presented Mongolia’s proposal to establish a joint working group to improve the infrastructure for border checkpoints and to increase meat and agricultural product export. Secretary Li expressed approval for the proposal. Both sides also agreed to strengthen bilateral cultural and humanitarian relations. yesterday
Irresponsibility at workplace results in citywide blackout ​Frailty of the electrical system unveils vulnerability of the wastewater plant​. yesterday
World Economics reports that Mongolia’s employment rate hits a five-year high World Economics reported that the sales managers’ index for Mongolia stood at 58.3 points in September, as it was in August. To determine the sales managers’ index, World Economics takes into account five main factors: the employment rate, business confidence index, market growth, sales, and price changes. According to World Economics analysts, Mongolia's employment rate was at 61.7 percent in September – its highest rate over the last five years. Price changes have consistently scored more than 50 points since April, indicating that inflation has been rising. yesterday

PHOTO NEWS

Road and Transport Minister visits New Ulaanbaatar International Airport
RARE PHOTOS: Mongolian women in late of the 19th century
Air pollution masks came from Mongolian designers'
4th national U.S. alumni conference held
Olympian N.Tuvshinbayar awarded state prize – Chinggis Khaan order

Economy

MY UB

TRAVEL

ASEM 2016

Air Pollution

Mongolia Immigration

ANN

Go to top