Economic Archives - Page 2 of 24 - News.MN

Tuesday

2019/08/19

Dollar (USD)

2533.95

Ulaanbaatar

+19°C

16.4MW solar plant to supply Mongolia’s new international airport

Ulaanbaatar city and its new, soon-to-be-opened international airport will be partly powered by a photovoltaic (PV) plant, developed with financial support from Tokyo.  Japanese group Sharp’s 16.4MW solar project in Khushight Khundii, in Mongolia’s Tuv Province, has wrapped up construction

Gobi Cashmere follows President to USA

During the Mongolian president’s visit to the United States of America, the largest cashmere manufacturer of Mongolia “Gobi Corporation” is preparing to announce its plans to enter the U.S market by September 2019. The subsidiary Gobi Cashmere USA will be

Uzbekistan considers importing meat from Mongolia

Uzbekistan is considering the possibility of importing meat from Mongolia.

A delegation from Tashkent have been in Mongolia in order to study the quality of the local meat, learn about nomadic cattle breeding and farming and visit several meat processing plants.

More Chinese travelling to Mongolia

The People’s Republic of China still composes the larger part of tourist arrivals to Mongolia, followed by the Russian Federation, Japan and the Republic of Korea (ROK).  Chinese tourists accounted for 36.4 percent of total foreign tourist arrivals to Mongolia,

New Airport Management Project to be implemented by Mongolia-Japan joint companies

AKIPRESS.COM-The Mongolian government approved establishment of a concession agreement with Mongolia-Japan joint company under ‘invest-operate-transfer’ condition for Ulaanbaatar International New Airport Management Project, Montsame reports.

The project will be carried out by Airport at Khushgyn Valley state-owned profit oriented enterprise from

Mongolia must bolster fiscal institutions! says World Bank report

A new World Bank report on Mongolia revenue, public sector spending and financial institutions has been released. In a press release, the WB stressed the importance of growth without excessive borrowing and the need to strengthen the country’s fiscal foundations.