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ZGM: Highlights

ZGM DAILY
2018-03-14 11:01 GMT+8

 POLITICS

Ministry of Foreign Affairs announces that it welcomes the high-level dialogue between the Republic of Korea and the Democratic People’s Republic of Korea (DPRK). Delegates of the US Department of Agriculture and the Embassy of the US study possibilities to implement the US Food for Progress Program. Mongolian delegation led by Tserenbat Namsrai, Minister of Environment and Tourism, and Ganbat Damba, Ambassador of Mongolia to Germany, attend the 52nd ITB Berlin, the World’s Largest Travel Trade Show, in Berlin, Germany.

ECONOMY

Approximately USD 4.6 billion to be invested for the underground development of Oyu Tolgoi. Presently, a total of 17 thermal power plants and thermal stations are operating in Mongolia, providing 85.9 percent of domestic consumption. According to statistics, 75.9 percent of people involved in 8 percent mortgage loan program are in the 25-45 age group. Suu JSC decides to distribute dividends of MNT 3 per share. Dividends will be transferred starting from May 21 until December 31. Top 20 Index increases by 0.53 percent, to 20800.77. MSE A Index up by 0.51 percent, to 10319.88. MSE B Index grows by 0.22 percent, to 9865.25. Market cap stands at MNT 2.51 trillion.

SOCIETY

Oyu Tolgoi LLC and United Nations Children’s Fund sign a Letter of Intent, further reaffirming both parties’ commitments to support children’s rights in Mongolia. Photo gallery opens at the Ministry of Foreign Affairs on the occasion of the 70th anniversary of establishment of diplomatic relations between Mongolia and the DPRK. Nairamdal International Children’s Center and the Russian ‘Artek’ summer camps sign a cooperation agreement with the Ministry of Education, Culture, Science and Sports.

The second consultative meeting for teachers and school administrations ‘Role of general education school in preparing Mongolian citizen” takes place. The Ririe Woodbury Dance Company of Salt Lake city, the USA to visit Mongolia between May 2 and 16. Mongolian team of archers bring home a silver and bronze medals from the Bangkok 2018 Asia Cup Stage 1 World ranking event. Mongolian archer Oyun- Erdene Buyanjargal claim two gold medals from the 4th Fazza Para Archery World Ranking Tournament.

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