Even though it has been only 5 years since the MR leather bags brand of the Mongolian “SRB” was founded, its products have been already popular among the consumers from Mongolia, Japan, South Korea and Taiwan.
Just a few days before the New Year, the government issued the regulation on granting the electricity discount to Ger district households. This is the effective measure against heavy air pollution in Mongolia’s capital city to encourage residents to heat their homes with electric heaters instead of coal or other flammable material that is often toxic.
5. New VAT Law takes effect to combat shadow economy
The revised Value-added tax law adopted by Mongolian Parliament in July 2015 came into effect on January 1, 2016.
1. Mongolian People’s Party wins General Election by a landslide
The day of the General election, June 29 saw a 72.1 percent voter turnout and a landslide victory of Mongolian People’s Party (MPP).
In support of national brands, the MONTSAME national news agency is presenting the EXCLUSIVE brand striving to make a debut on the world market with “Made in Mongolia” label and to develop import substitution industrialization.
On Tuesday Prime Minister Mr J.Erdenebat attended the trade fair named “Dealing with economic challenges through promoting national production”.
Prime Minister Mr J.Erdenebat and Minister of Education, Culture, Science and Sports Mr J.Batsuuri handed over “The Natural and Social Sciences Award” to academician Mr D.Batsuren for his research work themed “Unique principle of synthesis of secondary Metabolites in Medicinal Herbs of Mongolia and a Potential New Agent for Curing Cancers”. Mr Batsuren received MNT 100 million cash prize.
Academician D.Batsuren acknowledged as Best Scholar
A decision was made at a regular cabinet meeting to award Academician D.Batsuren the Natural and Social Sciences Award for his thesis themed “Unique principle of Synthesis
Mongolian Ambassador awarded Order “Madarski Konnik”
The Ambassador of Mongolia L.Dugerjav was awarded the “Madarski Konnik”, the high state order of the Republic of Bulgaria. He was awarded the order in recognition of his contributions to the strengthening of Bulgaria-Mongolia relations.