Bloomberg Television, in partnership with The Trade & Development Bank of Mongolia (TDB), today announced the official launch of Bloomberg TV Mongolia. The launch of Bloomberg TV Mongolia signifies the introduction of the first international broadcast news organization in Mongolia, one of the fastest-growing stock markets and investing environments in Asia today.

Over the last year, Bloomberg has trained over 30 local journalists who are now working at BTV Mongolia, and built a state-of-the-art high definition television studio in the heart of downtown Ulan Bator. Bloomberg TV Mongolia will deliver international, market-moving business and financial news to the local community, and insightful coverage of Mongolia to the rest of the world, providing a unique edge for viewers.

“We are honored to be a part of this exciting launch, and to be able to offer our experience and expertise in broadcast journalism to an important region,” said Parry Ravindranathan, Head of Bloomberg Television for Asia-Pacific. “Our partnership with The Trade & Development Bank of Mongolia is part of our momentum in establishing strategic long-term partnerships in Asia which we believe will enhance market transparency in local markets.”

“With the economic growth of Mongolia, decision makers and business leaders here have an increasing need for market-moving, accurate and international business and financial news. Likewise, global audiences are becoming ever more intrigued by what is happening in Mongolia,” said Orkhon Onon, First Deputy CEO of TDB. “Bloomberg TV Mongolia will be a valuable and indispensable education source for the business community. As Mongolia’s first bank, TDB has a long-term interest in educating the local population about important business and economic news.”

With Executive Producer Todd Baer at the helm, Bloomberg TV Mongolia launches on October 8 with its flagship evening newscast ‘Money Flow,’ followed by its prime-time interview program ‘Talk to Bloomberg TV Mongolia.’ The weekly program includes five hours of locally produced content, combined with simultaneous and taped translated Bloomberg content. Weekend programming schedule includes 12 hours of taped translated Bloomberg programs, supplemented by Bloomberg TV’s pan-Asian feed. Bloomberg TV Mongolia will be available on all of Mongolia’s major cable providers.