742,175 shares of 27 firms traded on March 18
On March 18, a total of 742,175 shares of 27 firms listed as Tier I, II, and III were traded. Eleven companies’ shares increased in price, seven companies' shares declined while those of nine companies remained unchanged.
D.Sumiyabazar: licenses of Eco Altan Zaamar will be cancelled
Minister D.Sumyabazar informed the ministry’s decision to cancel all of four mining licenses of Eco Altan Zaamar Company, adding that the Ministry is waiting for a conclusion to be issued by the State Professional Inspection Agency.
MNT478 billion accumulated from mining sector
Today, the Ministry of Mining and Heavy Industry held its monthly conference ‘Transparent and accountable mining’.
National producers to participate in Buryatian trade fair
Ministry of Foreign Affairs, Mongolian National Chamber of Commerce and Industry in collaboration with the Government of the Buryatia, republic of Russia, Buryatia Chamber of Commerce and Industry will host the ‘Baikal trade-2019’ business forum on March 28-29 in Ulan-Ude.
Mongolian brands to be promoted to the US and Canadian markets
‘Days of Mongolia in North America’ expo and business forum will open in Washington and Toronto on April 23.
MP B.Choijilsuren meets World Bank delegation
Head of the parliamentary Standing Committee on State Budget, MP B.Choijilsuren today met with a delegation headed by Deepak Mishra, Practice Manager at the World Bank’s Macroeconomics, Trade, and Investment (MTI) Global Practice.
Local businessmen learning export opportunities to the EU market
A meeting for businessmen of six provinces themed ‘Local Business- Export Opportunities to the EU market’ has been held within the Promoting Human and Labour Rights through GSP+ project running by Globe International NGO.
Issue of insufficient foreign investment persists
Economic and financial policy researchers, analysts, economists, representatives of private businesses as well as university students attended the forum, which was organized by the Bank of Mongolia and the Economic Research Institute with the support of Japan International Cooperation Agency (JICA) and Partnership for Economic Policy (PEP) under the theme, ‘Current state of the economy and its future trend-2019’, on March 12.
Monos Foods to launch IPO
At its meeting on March 13, the Financial Regulatory Commission granted permission to Monos Foods LLC for issuing IPO at the Mongolian Stock Exchange. The company aims to draw MNT 8.5 billion from the market, offering 30 percent or 122 million shares for MNT 70 per share.
AmCham hosted Agriculture Minister at its monthly meeting
The American Chamber of Commerce in Mongolia (AmCham) hosted Ch.Ulaan, the Minister of Food, Agriculture and Light Industry at the March Monthly Meeting on March 12, 2019 at Shangri-la Hotel, Ulaanbaatar.
55.6 million pieces of securities worth MNT 13.4 billion traded in February
The money supply (broad money or M2) reached MNT 19.6 trillion at the end of February 2019, showing a decrease of MNT 60.7 billion (0.3 percent) from the previous month, while it shows an increase of MNT 3.7 trillion (23.1 percent) from the same period of previous year.
Tax revenue increases by MNT 272.8 billion
In the first 2 months of 2019, total equilibrated revenue and grants of the General Government Budget amounted to MNT 1454.3 billion and total expenditure and net lending amounted to MNT 1152.3 billion, resulting a surplus of MNT 302.1 billion in the equilibrated balance.
Total foreign trade turnover increases by 23.4 percent
In the first 2 months of 2019, Mongolia traded with 108 countries from all over the world and total trade turnover reached USD 1.9 billion, of which USD 1.1 billion were made up by exports and USD 837.5 million by imports.
Japan to grant USD 1.8 mln non-refundable aid to Mongolia
The Government of Japan will provide non-refundable aid worth USD 1.8 million for the environmental sector of Mongolia.
Mining and quarrying gross output increased
In the first 2 months of 2019, the gross industrial output reached MNT 2.5 trillion, showing an increase of MNT 400.3 billion (19.3 percent) from the same period of the previous year.
Technology transfer training for meat and leather industry takes place
A training titled ‘Improving meat and leather processing quality, transfer of technology’ is being held at the Makh Market Plant under the European Union funded 'Support to Employment Creation in Mongolia' (SECiM) joint project by the Government of Mongolia and the UN Food and Agriculture Organization (FAO).
Mongolia-Singapore FMCG & Investment forum held
Mongolia's national producers are now available to export their products to over 30 Southeast Asian countries through Erena Solutions LLC, a branch of Business Engineers Asia (BEA-Singapore) Group in Mongolia.
Mongolia to export meat products to Laos
Delegation led by the Head of Veterinary and Animal Breeding Agency D.Tumendemberel paid a working visit to the Socialist Republic of Vietnam and the Lao People’s Democratic Republic between February 25 and March 1.
Mongolia to chair WTO TRIPS Council
Ambassador and Permanent Representative of Mongolia to the World Trade Organization L.Purevsuren was appointed as chair of the WTO Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS Council), one of the three subsidiary bodies of the organization.
Mongolia’s export increases by 30.4 percent
A result of foreign trade for the first 2 months 2019 has been based on 69106 export, and 36415 import customs declarations and other non-customs resources of information. 1804 export and 48 import declarations belong to the goods crossed through seasonal ports.
A.Gansukh: From the very beginning I have told the President “Not to go for the bargain if a horse-trade will be proposed for the case that I am being investigated by the IAAC and the Prosecutors”
Yolanda Fernandez Lommen: ADB to cooperate with Mongolian Government in new sectors next year