Aeroflot plans to increase capacity in route Moscow and Ulaanbaatar this summer
Aeroflot Regional Representative Office reported that Russian Airlines, Aeroflot is planning to increase the capacity of aircraft en route Moscow – Ulaanbaatar this summer.
70 percent of country covered with snow
As reported by the Ministry of Food, Agriculture and Light Industry last week, about 70 percent of the country was covered with snow.
Mongolia to be represented in WorldSkills Competition with eight competitors
Eight Mongolian youths will represent Mongolia in the 45th WorldSkills Competition, which will take place in Kazan, Russian Federation on August 22-27. This will be the third time that the Mongolian team participating in the competition.
Slight temperature rise expected
Slight snow is expected in northern parts of western aimags on February 22, and in southwest parts of western aimags on February 23-24.
Indian Ambassador expresses aspiration to develop cooperation
State Secretary of Ministry of Foreign Affairs D.Davaasuren received newly appointed Ambassador of India to Mongolia M.P. Singh on February 19.
Education Minister discusses celebration of diplomatic anniversary with French Ambassador
On February 19, Minister of Education, Culture, Science and Sports Yo.Baatarbileg received Ambassador Extraordinary and Plenipotentiary of the French Republic to Mongolia, Mr. Philippe Merlin.
Highest price of goat skin reaches MNT 41 thousand in Gobi-Altai aimag
According to report on the average market price of livestock in January 2019, average price of the castrated camel was the highest in Dundgobi aimag at MNT 1.2 million, while the lowest was in Dornod aimag at MNT 730.0 thousand.
Foreign trade surplus reaches USD 103.3 million in January
In January 2019, foreign trade surplus reached USD 103.3 million, increased by USD 40.6 million (64.7 percent) from USD 62.7 million in the same period of 2018.
Economically active population of Mongolia stands at 1.3 million
The fourth quarter results of 2018 Labour Force Survey shows that at the national level there are 1.3 million economically active population aged 15 and over, out of which, 732.7 (54.5 percent) thousand persons are male and 612.6 (45.5percent) thousand persons are female. Also, the survey result indicates that 764.2 (56.8 percent) thousands of economically active population live in urban areas, while 581.1 (43.2 percent) thousand live in rural areas.
Intellectual Property Office grants 347 patents in January
According to the report from the Intellectual Property Office of Mongolia, in 2018, 428 applications filed by citizens and legal entities to obtain a patent for inventions or industrial design and 347 patents are granted.
Mongolia exports 2.3 million tons of coal to China since 2019
Since the beginning of 2019, Mongolia has exported a total of 2.3 million tons of coal to People’s Republic of China through five border check-points namely Zamyn- Uud, Yarant, Khangi, Gashuunsukhait and Shiveekhuren.
Japanese funded solar power plant to be built in Khovd aimag
With the financing of the World Bank, a solar power plant with a capacity of 10 MW is to be built. Moreover, Japanese LOOP LLC is conducting a feasibility study to build another 10 MW solar power plant with its own funding.
Stock Exchange weekly review /February 11-15/
During the week of February 11, 2019 to February 15, 2019, MNT 663,121,973.93 worth of securities were traded through 5 trading sessions on the MSE.
Erdene Resource Development announces private placement to advance Khundii Gold Project
Erdene Resource Development Corp (TSX:ERD; MSE:ERDN), a Tier 3 listed company on the Mongolian Stock Exchange (MSE), intends to issue up to 7,608,696 units of the company at a price of USD 0.23 per unit (Private Placement), for gross proceeds of up to USD1,750,000, announced on February 12.
National program to safeguard intangible cultural heritage approved
During its regular meeting on February 13, the Cabinet approved the ‘National Program on Protecting Intangible Cultural Heritage’, which will be realized in the years of 2019-2023.
“Mongolia is on the same level as developed countries for its development of IT and communications sector”
“InvesCore’s achievements will serve as a stepping stone for many more Mongolian companies to enter the foreign market”