BoM Governor meets IMF Resident Representative
Governor of the Bank of Mongolia B.Lkhagvasuren met with Resident Representative of the International Monetary Fund (IMF) in Mongolia Seok Hyun Yoon on December 4.
Mongolian businesses participate in International Bazaar
Annual International Bazaar and Lotter, initiated by the United Nations Women's Guild, was organized at United Nations Office at Geneva on December 3.
MNT 380 billion disbursed for mortgage
As of first eleven months of 2019, financing worth MNT 380 billion was disbursed for mortgage purpose to 5287 borrowers in total.
Gazprom supplying liquefied natural gas to Mongolia
Mongolia has been joined natural gas network of the Russian Federation.
Mongolian and Russian companies sign cooperation documents
During his official visit to the Russian Federation, Prime Minister of Mongolia U.Khurelsukh attended the signing ceremony of cooperation agreements between Mongolian and Russian businesses.
Mongolia’s participation in Eurasian economic corridor discussed
Trade and land transport flow that link Europe and China is forming Eurasian economic corridor.
Invest in Mongolia forum to be held in Tokyo
Ulaanbaatar /MONTSAME/. On December 18-22, ‘Invest in Mongolia 2019’ Mongolia-Japan business forum to be hosted in Tokyo, Japan.
Next year’s budget of capital city adopted
The 2020 capital city budget was adopted with 75.68 votes during 29th regular meeting of the Citizens’ Representative Khural (City Council) of the capital city on December 2.
Gold purchasing declines by 24 percent
As of first eleven months of 2019, the gold purchase of the Bank of Mongolia (BoM) was 14.4 tons, which means the amount of gold purchase decreased by 4.5 tons or 24 percent compared with the same period of previous year.
H.Amartuvshin: DBM is striving to reduce the volume of non-performing loans
MONTSAME interviewed Chief Executive Officer of the Development Bank of Mongolia (DBM) H.Amartuvshin.
'Investor Nation-2020' Forum highlights pension reform
Yesterday, on December 1, the 5th annual ‘Investor Nation Forum 2020’ was held under the motto ‘Take Hold of Your Future’ at the Corporate Hotel and Convention Center.
Mongolia-Turkey tour operators to meet
Mongolia-Turkey tour operators will hold a meeting on December 6-8 in Istanbul, Turkey.
Minister of Agriculture meets business entities of cashmere industry
Ulaanbaatar /MONTSAME/. Minister of Food, Agriculture and Light Industry Ch.Ulaan along with officials of the ministry took part in monthly ‘Business breakfast’ meeting hosted by the Mongolian National Chamber of Commerce and Industry (MNCCI) to exchange opinions with business people from the agricultural industry.
Challenges of foreign exchange reserves growth discussed
Ulaanbaatar /MONTSAME/. The Bank of Mongolia hosted a discussion with a theme ‘Foreign exchange reserves’ on November 29 with participation of delegates of mining, cashmere and transportation companies with earnings in foreign currencies, business entities, commercial banks, economic research and educational institutions and corresponding government organizations.
Central bank reports on current financial situation
Ulaanbaatar /MONTSAME/. On November 28, the Bank of Mongolia delivered a report on timely issues concerning the economy of Mongolia.
‘Opportunities to export products to Japan’ seminar takes place
On November 28, a meeting and seminar themed ‘Opportunities to export products to Japan’ was held in the Mongolian National Chamber of Commerce and Industry (MNCCI).
MoU renewed between Mining Ministry and South Korea’s Mine Reclamation Corp
State Secretary of the Ministry of Mining and Heavy Industry G.Nandinjargal on November 228 met with Lee Cheong Ryong, President of the Mine Reclamation Corporation (MIRECO) under the Ministry of Trade, Industry and Energy of the Republic of Korea.
Development Bank funding creates over 20 thousand jobs
The Development Bank of Mongolia (DBM) finances small and medium sized enterprises through commercial banks aside from providing direct loans to major projects and programs.
MNCCI Chairman becomes Executive Chairman of APTA-CCI
Chairman of the Mongolian National Chamber of Commerce and Industry (MNCCI) O.Amartuvshin was elected Executive Chairman of the Asia-Pacific Trade Agreement-Chamber of Commerce and Industry (APTA-CCI) at its conference in Beijing, China.