Economy
BoM Purchases 701.2 kg Precious Metals in February
In February 2023, the Bank of Mongolia (BoM) purchased 701.2 kg of precious metals.
847天
Gross Industrial Output Increases by 2.2 Times More from the Previous Year
According to the National Statistics Office of Mongolia, by the preliminary results of January, the gross industrial output reached MNT 2.7 trillion, which increased by MNT 1.4 trillion (2.2 times more) from the previous year.
850天
“Ring the Bell for Gender Equality” Ceremony Organized at the MSE
The Mongolian Stock Exchange (MSE) organized the “Ring the Bell for Gender Equality” ceremony for the seventh year on March 7. The ceremony is organized globally by the stock exchanges to raise awareness of the importance of gender equality in businesses and sustainable development on the occasion of International Women’s Day.
851天
Singapore-Mongolia Business Meeting to Take Place Virtually
“Propelling Business through Green Initiatives” themed Singapore-Mongolia Business Matching Webinar will take place online on March 09.
853天
Domestic Construction Enterprises Completes 98.0% of Construction and Capital Repairs
According to the National Statistics Office of Mongolia, construction, capital repairs and maintenance reached MNT 6.3 trillion, of which MNT 6.2 trillion (98.0%) were completed by the domestic construction enterprises and MNT 124.4 billion (2.0%) were completed by foreign enterprises in 2022.
854天
High-Level Forum on Clean Air 2023, Ulaanbaatar
The High-Level Forum on Clean Air is being jointly organized by the Ministry of Environment and Tourism of Mongolia and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) on 2-3 March 2023 in Ulaanbaatar, Mongolia. 
857天
Gashuunsukhait Checkpoint to Become International Port
Gashuunsukhait port, which handles 50-60 percent of coal exports, to become an international port that operates 24/7.
857天
MSE Trade News
Mongolian Stock Exchange (MSE) JSC traded 1,385,758 shares of 45 companies by MNT 237,304,869 on March 01.
858天
Discussion on “Electronic Trading of Export Coal” Organized Successfully
To set actual market prices of coal and ensure accurate, and prompt delivery of trading information to sellers, buyers, and other participants, the discussion on “Electronic Trading of Export Coal” was held successfully at Premier Tuushin Hotel on February 27.
858天
Coal Transportation Arranged by Mines and Coal Producers
Road transportation plays a vital role in the electronic trading of coal, as transportation costs account massive part of the coal trade. According to the Plenipotentiary Representative of Government for “Erdenes Tavantolgoi” Company J. Ganbat, tendering the transportation companies aims to make coal transportation more transparent and reduce transportation costs. 
859天
“E-Trans Logistics” JSC to Distribute Dividends
According to the Resolution of the Board of Directors meeting of “E-Trans Logistics” JSC, the Board approved distributing dividends of MNT 3.00 per share from net profits of 2022.
859天
Preliminary Balance of Payment for 2022
According to the National Statistics Office, the current account balance of payment was in deficit of USD 2.9 billion in 2022 and increased by USD 767.3 (36.4%) million compared to the previous year.
860天
“Tavantolgoi” JSC to Distribute Dividends
Ulaanbaatar, February 27, 2023 /MONTSAME/. The Board of Directors of “Tavantolgoi” JSC held a meeting on February 25 and made a decision to distribute dividends.
860天
Export Decreased by 22.8% Compared to the Previous Year
Mongolia traded with 107 countries worldwide in January 2023, and the total trade turnover reached USD 1.8 billion, of which exports were USD 1.1 billion and imports were USD 688.0 million.
862天
MSE Trade News
Mongolian Stock Exchange (MSE) JSC traded 783,178 shares of 50 companies by MNT 274,383,207 on February 24.
863天
Mongolian-Austrian Business Forum by WKO in Vienna
Ulaanbaatar, February 24, /MONTSAME/.  The Embassy of Mongolia in Austria, the Mongolian National Chamber of Commerce and Industry, and the Austrian Economic Chamber (WKO) will jointly organize Mongolian-Austrian Business Forum on March 16-22 in Vienna at WKO Building.
863天
Money Supply Increases by 10.9 Percent
The money supply (M2) reached MNT 29.7 trillion at the end of January 2023, which increased by MNT 2.9 (10.9%) trillion compared with the same period of the previous year, as reported by the preliminary results. The main reasons for this increase were MNT 2.7 (2.2 times more) trillion increase in the current account in foreign currency and MNT 1.4 (35.7%) trillion increase in time deposits in foreign currency.
864天
Mongolia to Export Organic Products to Europe
Ulaanbaatar, February 24, 2023 /MONTSAME/.  BioFach 2023, the number one exhibition for the organic food industry sector, took place from February 14th to the 17th at the Messe Nuremberg, Germany.
864天
GDP of Mongolia Increased by 4.8 Percent
In 2022, by preliminary estimation of production approach, Gross Domestic Product (GDP) at current prices was MNT 52.9 trillion, which is increased by MNT 9.3 trillion (21.4%) compared to the previous year. GDP at 2015 constant prices was MNT 28.4 trillion, which is increased by MNT 1.3 trillion (4.8%) compared to the previous year.
867天
Monthly Average Household Income Increases by 12.4%
According to the National Statistics Office of Mongolia, in January 2023, the consumer price index at the national level increased by 1.2% from the previous month and by 12.3% from the same period of the last year.
870天
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