Friday, October 31
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About Mongolia
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President of Mongolia at the UNGA 79
Travel Safety Guide
TO THE 70TH ANNIVERSARY OF THE ESTABLISHMENT OF DIPLOMATIC RELATIONS BETWEEN MONGOLIA AND THE REPUBLIC OF INDIA
Interview
First National Forum of Mongolian Translators
Sports
TO THE 35TH ANNIVERSARY OF THE ESTABLISHMENT OF DIPLOMATIC RELATIONS BETWEEN MONGOLIA AND THE REPUBLIC OF KOREA
Art & Culture
Economy
Deputy Minister G.Batsuuri works at the factory of Khanbogd Cashmere
On March 23, the Ministry of Food, Agriculture, and Light Industry introduced a project on developing the cashmere sector that was jointly developed with the Mongolian Wool and Cashmere Association.
1682 days
Mongolia launches Global Money Week-2021
A ‘Global Money Week’ campaign, being organized by OECD International Network on Financial Education, was launched in Mongolia yesterday, March 22.
1683 days
Requirements updated for insurers and insurance intermediaries
Members of the State Great Hural (Parliament) of Mongolia B.Purevdorj and A.Adiyasuren have presented a draft law on Joint Pension to Chairman G.Zandanshatar.
1684 days
Mine workers in Umnugobi aimag being inoculated
Last week, Minister of Mining and Heavy Industry G.Yondon worked in Tsogttsetsii soum of Umnugobi aimag together with 4 COVID-19 vaccination team members in connection with the start of COVID-19 vaccine rollout to mine workers.
1684 days
Sustainable cashmere production brought to a new level
On March 18, representatives of government officials, herders, herder cooperatives, wool and cashmere factories, international organizations, and project teams held a meeting.
1687 days
Mongolia’s trade policy review takes place
Mongolia’s trade policy review is being discussed by the World Trade Organization (WTO) on March 17-19.
1688 days
Financial Regulatory Commission warns against unregulated trading instruments
The Financial Regulatory Commission has issued a caution against bonus points issued by some companies - with the objectives of increasing sales of products and services, and providing discounts for costumers – as they are unregulated trading instruments.
1688 days
Youth aged 25-35 make up 52.4 percent of total registered unemployed
According to the Ministry Labour and Social Protection, the number of registered job seekers reached 23.3 thousand in labour agencies in aimags and the Capital city at the end of February 2021.
1689 days
Performing loans dropped by 4.9 percent
At the end of February 2021, the total amount of outstanding loan to enterprises and individuals amounted to MNT 17.1 trillion.
1689 days
Moody's changes Mongolia's outlook to stable from negative; affirms B3 rating
On March 16, 2021, Moody's Investors Service ("Moody's") has changed the outlook on the Government of Mongolia's issuer ratings to stable from negative and affirmed the long-term B3 issuer and foreign currency senior unsecured bond ratings and the (P)B3 senior unsecured MTN program rating.
1689 days
Savings in domestic currency rise by 26.5 percent from last year
The national currency in circulation reached MNT 1.0 trillion at the end of February 2021, increased by MNT 19.3 billion (1.9%) from the previous month, and increased by MNT 59.5 billion (6.2%) from the same period of the previous year.
1690 days
Passengers of air transportation decreased by 92.0 percent
In the first two months of 2021, 5.2 million tonnes of freight were carried by railway transport and increased by 436.6 thousand tonnes (9.2%) compared to the same period of previous year.
1690 days
Gross industrial output reaches MNT1.5 trillion in February
According to the preliminary results, in the first 2 months of 2021, the gross industrial output reached MNT 3.1 trillion, increased by MNT 845.2 billion (38.3%) from the same period of previous year.
1690 days
“MONGOL MADE” project launches
With an aim to ensure 50 percent of domestic demand of soap, “Mongol Made” project has been launched.
1690 days
Memorandum of Cooperation established with Cuban Chamber of Commerce
On March 12, a Memorandum of Cooperation was established between the Mongolian National Chamber of Commerce and Industry and the Chamber of Commerce of the Republic of Cuba.
1690 days
177.8 million pieces of securities traded in February
In February 2021, 177.8 million pieces of securities worth of MNT 41.9 billion were traded at the national stock market, with an increase of MNT 35.7 billion (6.8 times more) and 139.5 million pieces of securities (4.6 times more) compared to the same period of previous year.
1691 days
Total foreign trade turnover grows by 48.4 percent in the first two months
In the first two months of 2021, Mongolia traded with 112 countries from all over the world, and the total trade turnover reached USD 2.3 billion, of which USD 1.3 billion were exports and USD 922.3 million were imports.
1691 days
Total expenditure increased by MNT171.3 billion in February this year
According to the preliminary results in the first two months of 2021, the total revenue of the general government budget was MNT 1.7 trillion. The equilibrated revenue of the general government budget was MNT 1.6 trillion and 94.6% of the total revenue of general government budget.
1691 days
Mongolia-Thai Chamber of Commerce established
Mongolia’s Ambassador to the Kingdom of Thailand A.Tumur, on behalf of the Mongolian National Chamber of Commerce and Industry, and Chairman of the Thai Chamber of Commerce and Board of Trade of Thailand Mr. Kalin Sarasin signed a Memorandum of Understanding on the establishment of the Mongolian-Thai Chamber of Commerce on March 11 in Bangkok.
1691 days
Banks defer repayment of 55,676 mortgages
With a view to alleviate financial hardship posed by COVID-19 pandemic on businesses and individuals, government of Mongolia and Bank of Mongolia made decisions to make deferrals on mortgage loan repayment and their interests from April 2020 until October 2020 and then again from November 2020 to July 2021.
1691 days
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