Thursday, March 28
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To the 50th Anniversary of Establishment of diplomatic relations between Mongolia and Germany
Sports
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Economy
Gross industrial output increases by 21 percent last year
By preliminary results of 2018, the gross industrial output reached MNT 15.7 trillion, showing an increase of MNT 2.7 trillion (21.0percent) from the previous year.
1898 days
Foreign trade turnover shows increase of USD 2.3 billion in 2018
In 2018, Mongolia traded with 156 countries from all over the world and total trade turnover reached USD 12.9 billion, where exports was USD 7.0 billion and imports was USD 5.9 billion.
1898 days
National Trade and Investment Roadmap under development
The Government of Mongolia adopted the ‘Mongolian Export’ program in September 2018. Within the framework of the program, the Ministry of Foreign Affairs (MFA), International Trade Centre (ITC) and Mongolian National Chamber of Commerce and Industry (MNCCI) are developing the Mongolian Trade and Investment Roadmap.
1898 days
Retail price of gasoline cut by 100 tugrug
Cabinet Secretariat of Government of Mongolia reported Monday that retail prices of AI-80, AI-92 gasoline and diesel fuel would be lowered by 100 tugrug per liter starting from January 15.
1899 days
Tax revenue reaches MNT 8.2 trillion with 30 percent increase
At the end of the 2018, total equilibrated revenue and grants of the General Government Budget reached MNT 9.2 trillion and total expenditure and net lending amounted to MNT 9.2 trillion
1899 days
Budget revenue exceeds MNT 10 trillion for the first time
The State Budget revenue exceeds MNT10 trillion for the first time in fiscal year 2018, reported Finance Minister Ch.Khurelbaatar.
1899 days
Mongolia Gold-2019 to take place
The Mongolian Gold Producers’ Association and Mongolian Mining Exchange will co-organize ‘Mongolia Gold 2019’ conference and exhibition with the support of Bank of Mongolia, public sector, gold miners, foreign investors and professional institutions on March 22-23 at Corporate Convention Center.
1900 days
Stock Exchange renews the TOP-20 index composition
The TOP-20 index composition for the year 2019 has been renewed in accordance with the MSE “Regulation on Securities Index Calculation”.
1900 days
MNCCI to cooperate with leagues of Inner Mongolia
The Mongolian National Chamber of Commerce and Industry has established Memorandums of Cooperation with Committees for Promotion of Trade of Xilin Gol League and Chifeng city of Inner Mongolia, People's Republic of China.
1900 days
Foreign trade turnover of Bayan-Ulgii aimag increases by 54.9 percent in 2018
Total foreign trade turnover of Bayan-Ulgii aimag reached USD 54.3 million in 2018, showing an increase of 54.9 percent of USD 19.2 million compared to that of the previous year.
1903 days
Mongolia earns MNT400 bln from meat export in 2018
Mongolia exported 54.9 thousand tons of meat (about 5 million head of livestock) in 2018, of which 37.3 thousand tons were frozen whereas 17.6 thousand tons were heat-processed meat.
1903 days
Innovation fund set up
Ulaanbaatar /MONTSAME/ With an aim to promote innovation in Mongolia, National Development Agency of Mongolia in collaboration with German Society for International Cooperation (GIZ) has decided to set up innovation funds that will lend support in three fields.
1903 days
MNT 357.3 billion outflows for Tsagaan sar celebration
The National Statistics Office reports that MNT 357.3 billion outflows for celebration of Tsagaan Sar Holiday. Specifically, imported goods for gifts make up about 80 percent of the total gifts of the holiday.
1903 days
Some 197 thousand shares traded
On January 10, 2019, 197,772 shares of 19 firms listed as Tier I, II, and III were traded. 9 companies’ shares increased in price, 8 companies' shares declined while those of 2 companies unchanged.
1903 days
Mongolian mining representatives to attend PDAC-2019
The 87th PDAC World’s Mineral Exploration and Mining Convention and Expo will be held in Toronto, Canada on March 3-6, 2019.
1903 days
Frontclear facilitates a transaction with Development Bank of Mongolia and Societe Generale
Frontclear arranged and structured back-to-back USD/JPY cross-border cross currency swap transactions for the value of USD 30 million with Societe Generale and Development Bank of Mongolia.
1904 days
‘Ard’ online shop launched
In order to deliver its products and services promptly to the citizens and to draw them into its business, Ard Insurance LLC opened its online shop firstly during the ‘Ard shop’ event which was held yesterday.
1905 days
‘Erdenes Tavan Tolgoi’ allocated MNT 480 billion to the state budget
Erdenes Tavan Tolgoi JSC sold a total of 13.5 million tons of coal last year. In 2018, the company’s revenue from sales reached MNT 1.86 trillion, with net profit of MNT 720 billion and MNT 480 billion allocated in the state budget, noted B.Gankhuyag, CEO of Erdenes Tavan Tolgoi JSC.
1905 days
Mongolian engineers earned MNT 11 billion from aircraft maintenance
Aircraft Maintenance Department of MIAT Mongolian Airlines obtained a revenue of MNT 11 billion in 2018. The department has repaired 12 foreign airplanes this year. Chief of the Production Planning Division at MIAT J.Chuluunjav noted that the company provided aircraft maintenance services to 62 foreign airplanes since 2014.
1907 days
Ownership of Asgat silver deposit to be transferred to Erdenes Mongol LLC
Chief of the Cabinet Secretariat of Government G.Zandanshatar received the executives of Mineral Resources and Petroleum Authority, Erdenes Mongol LLC and Mongolrostsvetmet LLC.
1907 days
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