National milk industry proposed
Parliament is deliberating to issue Tgs200 billion in bonds to support leather industries. On December 18,
the budget and economic standing committees of parliament met and discussed this issue and the majority of MPs supported Parliament’s resolution draft to issue bonds.
“Issuing...
Latest software system launched at Mongolia’s Stock Market
Automated system allows online transactions, payment, control and savings capabilities
Ribbon-cutting ceremony at the Mongolian Stock Exchange by Mongolian and Australian dignitaries
On December 17, Prime Minister N.Altankhuyag attended a launching...
UN independent expert warns economic growth in Mongolia is not benefiting the poor
While the Mongolian economy has experienced continued growth, this has not benefited the country’s poor, a United Nations independent expert warned today, urging the Government to adopt poverty reduction strategies based on human rights approaches.“While some...
Mongolia’s export of gold and copper fell in 2012
Mongolia is rich in copper, coal and gold. These commodities play an important role in the economy and represent large portion of the country’s exports.
National Statistics Office (NSO) of Mongolia has recently released data on exports of various products including minerals. The nation has exported 18.8 million tons of coal in the first 11 months...
Mongolian Bonds Rebounds after Taking a Hit due Political Uncertainty
By B.KHASH-ERDENE
After taking a hit due to political uncertainty, Mongolia’s bonds rebounded with the 2018s quoted at 97.50/98.50 and the 2018s around 98.15/99.15, which is fastrecovery considering it reached levels as low as 93.50 and 94.50.
Mongolian...
Magnai Trade received a soft loan of MNT 14.6 Billion
The Bank of Mongolia is jointly implementing a program called SIFS with the Mining Ministry in order to finance the importation of petroleum products at minimal expense, prevent from sudden price increases at the local market and ultimately, maintain retail prices paid by consumers.
In the framework of this initiative, Magnai Trade, one of the largest...
In Mongolia, a backdoor to the Hermit Kingdom
They come and they go without much international fanfare: delegations of North Korean ministers in Mongolia, invited by the pro-Western government to discuss trade, cultural ties and questions of “mutual interest.”
The specifics of these meetings are hard to nail down.
“The two sides exchanged views on the issue of further developing the exchange...
Mongolia's former president jailed for corruption
Mongolia's former president jailed for corruption
Nyamdorj Enkhbayar, Mongolia's former President, has been jailed for four years on corruption charges after a court verdict hat could threaten the country's fragile government's coalition.
Nyamdorj Enkhbayar,...
Mongolia’s Best Scientific Researches Awarded
Mongolia’s Best Scientific Researches Awarded
By M.ZOLJARGAL
On the occasion of the Day of Scientific Researchers, 28 people were granted with ‘The Best Scientific Researcher’ title and medals on November 30. Also, the best scientific researches of 2012...
