This week marks the 30th anniversary of the declaration of the International Day for the Eradication of Poverty – a day devoted to reaffirming our commitment and shared responsibility to end poverty.
Mongolia, like many other countries, has made great strides
The IMF predicted growth for Asia and the Pacific at 4 percent this year and 4.3 percent in 2023, with both below the 5.5 percent average over the last two decades.
Still, they are higher than the fund’s forecasts for Europe
Despite the fact that Mongolian Mining Corporation stock rose 10 percent last week, insiders who sold USD 791 thousand worth of stock in the previous 12 months are likely to be better off. Selling at an average price of USD
IMA (Institute of Management Accountants), one of the largest and most respected associations focused exclusively on the advancement of the management accounting profession, is proud to announce FinSight Academy as an IMA Silver Approved Review Course Provider (ARCP) in Mongolia.
Mongolian coal companies are frustrated over the inability to move more coal into the soaring market. Therefore, a completion of Erdenes-Tavantolgoi (ETT) Tavantolgoi-Gashuunsukhait Railway was hailed. The project got together more than 600 enterprises and 5,000 workers.
Mongolia is facing an increasingly serious foreign currency crunch, with foreign exchange reserves down 40 percent in August from a year earlier to USD 2.7 billion and the current account deficit ballooning. In addition, the tugrik has taken a beating due
Chinese coal traders are rushing to the small town of Ganqimaodu on the Mongolian border to cash in on imports as prices of the fuel have soared nearly 40 percent in a month after mine safety checks crimped supply while
This year, Mongolian Tugrik has fallen almost 15 percent against the US dollar. The declining currency has pushed up the cost of everyday goods for a country struggling to navigate global economic crisis.
According to the National Statistical Office, inflation in
3,417.49
