PM L.Oyun-Erdene: The time has come for Mongolia to export value-added livestock products
On May 12, Prime Minister L.Oyun-Erdene became acquainted with the construction of the Darkhan hide and leather complex being built in Khongor soum, Darkhan-Uul aimag.
Six-percent mortgage loans to be available through 2024
The Bank of Mongolia has reported that there are a total of 100,867 borrowers of mortgage loans totaling around MNT 5.2 trillion as of March 2021.
PM meets with business representatives
Today, May 11, Prime Minister L.Oyun-Erdene held a meeting with business representatives.
Financial Regulatory Commission presents financial market review for 2021 first quarter
A virtual press conference by the Financial Regulatory Commission to present the Financial Market Review of the first quarter of 2021 was held on May 6.
Mongolian Tax Authority announces top taxpayers of 2020
Mongolia’s General Department of Taxation celebrates second week of every May as ‘Days of Taxpayers’.
BoM purchases 1.3 tons of precious metal
In April, the Bank of Mongolia (BoM) purchased 1.3 tons of precious metal.
Total foreign trade turnover increases by 51 percent
General Customs Administration reported that the total trade turnover of Mongolia reached USD 4.4 billion in the first four months of 2021, which increased by 1.4 billion or 50.6 percent compared with the same period of 2020.
Development Bank of Mongolia to integrate sustainable financing into its operations
Today, capacity building workshop was organised on the integration of sustainable financing principles into the DBM operations within the UN Joint Programme (JP), implemented with the Ministry of Finance under the sponsorship of the UN Joint SDG Fund.
Temporary procedure for registration, control of closed bond-debts issued by non-bank financial institutions approved
At a regular meeting of the Financial Regulatory Commission (FRC) on 28 April, a total of 27 issues were discussed.
Umnugobi, Dornogobi aimags to become Green Zone to increase export
Prime Minister L.Oyun-Erdene got acquainted with works of immunization points in Tsagaan khad, Umnugobi aimag.
Erdenet Mining Corporation to establish a metallurgy-chemical plant complex
A metallurgy-chemical plant complex will be established in Bayan-Undur soum, Orkhon aimag. The operation permit for the industrial and technology park was given to Erdenet Mining Corporation at the cabinet meeting that took place on May 5.
‘Tavantolgoi’ JSC to pay MNT 28.1 billion in dividends
The dividends will be paid to eligible shareholders through their accounts held at the Mongolian Central Securities Depository starting from April 21, 2021.
Oyu Tolgoi LLC releases its 2020 Year in Review
Oyu Tolgoi LLC, Mongolia's largest copper and gold mining company - a strategic partnership between the Government of Mongolia, Turquoise Hill Resources and Rio Tinto, published its Year in Review 2020 report today, May 5.
Mongolia’s first cryptocurrency - ArdCoin now listed on Bittrex Global
On April 30, 2021 - ArdCoin, Mongolia's first and currently the only cryptocurrency, is being listed on Bittrex Global, a world-class crypto-exchange. Founded in the USA, its international exchange services operations are based in Liechtenstein. Out of the 4,200 cryptocurrency projects listed on CoinMarketCap, ArdCoin has already penetrated the top 500.
Mongolia becomes one of the seven Asian countries to have business and human rights programme
Today, UNDP Mongolia officially launched the “Business and Human Rights in Asia: Enabling Sustainable Economic Growth through the Protect, Respect and Remedy Framework” programme funded by the European Union Partnership Instrument and co-implemented by the Ministry of Foreign Affairs of Mongolia with the support from the UNDP Bangkok Regional Hub and Business and Human Rights Asia Programme.
Views exchanged on development of Tavantolgoi project
CEO of “Erdenes Mongol” LLC D.Khayankhyarvaa virtually met with Ambassador of France to Mongolia Philipp Merlin, exchanging views on a pilot project on production by “Badrakh Energy” LLC and the development of Tavantolgoi project.
Latest issue of ‘Inclusive Finance’ magazine by Financial Regulatory Commission published
The latest issue of monthly ‘Inclusive Finance’ magazine was published by the Financial Regulatory Commission (FRC) and has now reached to readers. This latest issue contains news and information about the financial sector.
Ard Financial Group adds Mongolian Securities Exchange to its portfolio
Ard Financial Group JSC (Ard) and its subsidiary Ard X LLC (DAX) have invested in and started a strategic partnership with the Mongolian Securities Exchange. This partnership opens the door for the development of the stock market and non-bank financial sector in Mongolia.
Deputy Governor holds virtual meeting with Trade Representative of Russia
Deputy Governor of the Capital City J.Sandagsuren had a virtual meeting with Maksim V.Vasilev, Trade Representative of the Russian Federation to Mongolia.
Business Confidence Index shows pessimistic results
On April 27, the Mongolian National Chamber of Commerce and Industry (MNCCI) presented results of 'Business Confidence Index 2020' Survey which aims to assess businessmen’s confidence on business environment by reviewing status and further changes of businessmen and citizens’ expectations.
P.Khaliun: I believe the relations between two countries will soon reach strategic partnership
Mohammad Faisal Al-Mutairi: Transportation is the main problem in the expansion of Mongolia-Kuwait trade