O.Chuluunbat: We Are Importing Inflation

Inflation is related with the political decisions.
You are the product of the period when the professionals were produced according to the policy. When did you graduate, specializing in what major?
I studied at International Relations Institute of Moscow between 1976-1981, majoring in international economy, financial relations. My generation was educated during the centrally planned economy and [...]


110 Thousand Cars in Ulaanbaatar

In 1990, the street of Ulaanbaatar has only few old Russian cars. As we already know, many things had changed from this year including cars. Today, Mongolians drive world’s popular brands such as BMW, Ford, Nissan, Hyundai, Toyota and much more. The distributor of BMW, Naran Motors, imports new model of this world giant. Also [...]


237 Immigrants from 16 Countries Stay in Mongolia

Foreign Citizen and Immigration Office, Mongolian Ministry of Justice and Home Affairs tells that 320 foreigners, 24 organizations violated Mongolian Law this month. Investigators of Immigration Office check foreign invested companies including “Rudet House”, “Mongol-Sino Jejing Pharma”, “Mongol Sor”, and “Tenger” hotel. During this investigation, officials exposed many illegal residents staying at the “Rudet House” [...]