Economic Archives - Page 25 of 95 - News.MN

Competitiveness Report should be the Guide for all officials

The World Competitiveness Center based in Lausanne; Switzerland presented the “Global Competitiveness Report 2022”. The Economic Policy and Competitiveness Research Center (EPCRC) of Mongolia is the organization’s official partner in Mongolia, and together with sending the information on Mongolia every

Golomt Bank issues “Green Guarantee” for Moron solar PV

Top international and domestic companies have been selected as the general contractor for the EPC contract for 10MW Moron solar PV, which is being implemented by the Ministry of Energy and funded by the Asian Development Bank (ADB) within the

Rio Tinto to help Mongolia tackle desertification

Rio Tinto Ltd on Friday signed an agreement with Mongolia’s environment ministry to address climate change and desertification issues in the country where the global miner operates the massive Oyu Tolgoi copper mine.
Between 2022 and 2026, the Anglo-American miner’s local

Mongolia raises the policy interest rate to 10%

The Central Bank of Mongolia  decided to increase the policy interest rate by 1 percentage point to 10% on the existing basis. The decision is aimed to stabilize the inflation expectation of Mongolia in the medium term, promote the internal

Green hydrogen production project in the Gobi Desert of Mongolia

Elixir Energy Ltd  was as much as 30.44 percent higher on entering a memorandum of understanding (MoU) with Japanese renewable energy company SoftBank Energy Corp to cooperate on research and development for its green hydrogen production project in the Gobi

Mongolia plans to buy at least 24 tons of gold in 2022

The Bank of Mongolia  purchased six tons of gold from legal entities and individuals in the first five months of this year. The bank’s average gold purchase price was MNT 193,114 per gram as of May.

Due to the COVID-19 pandemic