Office buildings and companies will have to pay more for water from November. The Water Network Use Agency has raised prices almost 50 percent.

The first ever business forum called "Silk Road" was held October 16-19, 2008 in Trabzon city, Turkey. The event brought together representatives of 23 Asian and European countries.

The "Energy" company has established a compressed fuel factory in Bayan soum of Tov province.
It will produce nature-friendly fuel with high heat emission. The current capacity of the factory is to produce 15 tons of compressed fuel. In three years, it will produce 500 tons of fuel a year.

Mongolia's Prime Minister S.Bayar is paying an official visit to the Republic of Korea October 15-17 at the invitation of Hang Seung-Soo, the Premier of the Republic of Korea.
Mongolian Premier held official negotiations with his Korean counterpart Hang Seung-Soo. The two dignitaries unanimously noted that successful development of bilateral cooperation in all levels--since the establishment of the diplomatic relations in 1990, also regularization of mutual high level visits and a progress are made in the economic and inter-people collaboration.

The 5th Northeast Asian tourism forum has been held in Ulaanbaatar. It is co-hosted by the Ministry of Environment and Tourism, the working service of Ulaanbaatar City Mayor, the Mongolian Tourism Association, the Mongolian Tourism Support Center, and the "Gazarchin" Institute.