G.Zandanshatar meets country representatives of World Bank and Asian Development Bank
Last Friday, G.Zandanshatar, Chief of the Cabinet Secretariat of Government, met with Jean-Pascal N.Nganou, World Bank’s Acting Country Manager and Senior Economist for Mongolia.
First Mongolia-Indonesia business forum held
The first Mongolia-Indonesia business forum took place in Ulaanbaatar on December 7, involving representatives of 17 Mongolian entities and companies and over 10 Indonesian officials and diplomats.
Role of universities in entrepreneurship development increasing
‘Mongolian Entrepreneurship Summit-2018’ kicked off under the theme ‘Role of universities in entrepreneurship development’ today, on December 6.
Delegates of National Crop Farmers Association visit Australia
Farmers representing 14 companies of the Mongolian National Crop Farmers Association visited Australia from November 28 to December 6, 2018.
Mongolia has potential to export far more mutton
Our country has fulfilled over 86 percent of its objectives set in the Action Program of the Government for 2016-2020 to export 50 thousand tons of meat and meat products, highlighted during the discussion themed ‘Opportunities to increase benefit and export of mutton’ took place on December 4 in the Ministry of Food, Agriculture and Light Industry.
Ambassador Tulga attends MINEX Eurasia Forum
Ambassador of Mongolia to the United Kingdom H.E. Mr. N.Tulga has delivered an opening remark at the 7th MINEX Eurasia Mining and Investment Forum on November 23, 2018 which took place in London.
First meeting of Cooperation Sub-Committee of Mongolia-Japan Economic Partnership Agreement held
The first meeting of the Sub-Committee on Cooperation, designated for monitoring the effective implementation of the Mongolia-Japan Economic Partnership Agreement and identifying ways for further cooperation, was held at the Ministry of Foreign Affairs on December 4.
State Secretary receives representatives of Chinese company
State Secretary of the Ministry of Mining and Heavy Industry G.Nandinjargal received representatives of the Chinese state-owned company, Inner Mongolia Energy Investment Group Co., Ltd. today.
Over 1400 government securities traded last week
During the week spanning November 26 to November 30, MNT744,086,976 worth of securities were traded through 4 trading sessions on the MSE.
BoM purchases 1.2 tons of gold in November
The Bank of Mongolia (BoM) bought 1.2 tons of gold in November, 2018, which is showing same indication comparing to the same period of previous year.
State Secretary G.Nandinjargal participates in 'Mines and Money'
A Mongolian delegation headed by State Secretary of the Ministry of Mining and Heavy Industry G.Nandinjargal took part in ‘Mines and Money’, an international event series for mining investment and capital raising, held in London on November 26-29.
Report on bolstering foreign investment discussed with private sector
International Finance Corporation (IFC), a member of the World Bank Group, has recently released a report to help Mongolia formulate a new investment policy and strategy to better leverage existing foreign direct investment (FDI), attract new forms of FDI, and diversify its economy. This week, IFC and the National Development Agency (NDA) are holding another round of consultation that focuses on private sector stakeholders.
Long-distance transportation shortened
During its regular meeting on November 28, the Cabinet made a decision to make existing long-distance coal transportation from Tavantolgoi to Gashuunsukhait and Gantsmod have long-short intervals.
Bank of Mongolia raises its policy rate
At its irregular meeting on November 27, the Monetary Policy Committee (MPC) of the Bank of Mongolia made a decision to raise its policy rate by 1 percentage point to reach 11 percent.
Daily limit for digital transaction raised
National Electronic Transaction Centre (NETC) of the Bank of Mongolia raised the daily limit for digital transaction from MNT 1 million to MNT 3 million.
Erdenes Tavan Tolgoi IPO introduced internationally
Representatives of Erdenes Tavan Tolgoi (ETT) JSC attended the 7th MINEX Eurasia Mining and Investment Forum that took place in London.
8.7 million livestock to winter in transhumance
According to the Ministry of Food, Agriculture and Light Industry, preparation for winter has been done by a total of 169.7 thousand herder families, that own over 68 million livestock, while another 8.7 million are to spend the winter and spring in transhumance.
Women’s Business Center to support women in information and technology
Within the second phase of the incubator project, Women’s Business Center (WBC) aims to support female entrepreneurs in information and technology sector through increasing access to information and improving their skills and knowledge.
Research to be done on building a cheesemaking factory
The Ambassador of Australia to Mongolia and representatives of the United Nations Food and Agriculture Organization (UNFAO) in Ulaanbaatar visited Khanbogd sum of Umnugobi aimag.
IMF Reaches Staff-Level Agreement on the Sixth Review of Mongolia's Extended Fund Facility
Ulaanbaatar/MONTSAME/ An International Monetary Fund (IMF) staff team led by Mr. Geoff Gottlieb visited Ulaanbaatar from November 7-17, 2018 to conduct discussions on the sixth review of the three-year Extended Fund Facility (EFF) arrangement approved on May 24, 2017, in an amount equivalent to SDR314.5054 million, or about USD434.3 million.
Yolanda Fernandez Lommen: ADB to cooperate with Mongolian Government in new sectors next year