Economic Archives - Page 29 of 95 - News.MN

The mining company committed to plant 10 million trees in Mongolia

Aspire Mining Ltd has committed to plant 10 million trees in Mongolia at a recent signing ceremony in the country’s capital.

The resources stock met with the Mongolian President, Prime Minister and Minister for the Environment in Ulaanbaatar, where it pledged

Mongolia raises interest rate to 9 percent to fight currency slide

Today (24 March), Mongolia’s central bank has lifted the country’s key interest rate by 2.5 percentage points to 9 % in a desperate move to halt the home currency’s decline amid Russia-Ukraine crisis.

Four days after Russia invaded Ukraine on February

Asia Gold-High prices: Regional physical demand is patchy

In February, The Bank of Mongolia (BoM) purchased 795.3 kg, raising the BoM’s total precious metal purchase of 2022 to 2.4 tons. The figure shows an increase of 464.6 kg as compared with the same period of the previous year.

China’s Covid-19 policy severely affected Mongolia’s economy

China’s COVID-19 policy has severely affected Mongolia’s economy as it is “disproportionally dependent on its biggest foreign trade partner Beijing”, said a Canada-based think tank. As the world enters the third year of the COVID-19 pandemic, Mongolia’s economy has been

Major Hollywood-Mongolian Film Project Progresses

Los Angeles, CA, USA – The Project Godsend production team recently met in Los Angeles and exchanged opinions with Mr. Tsagaan Puntsag (Steppe Arena) on the positive impacts a major Hollywood-Mongolia collaborative film project would have for Mongolia and how

53% of employees at office of Oyu Tolgou LLC is female

Following the effort in 2021, early in 2022 Oyu Tolgoi LLC reached new agreements with the Government of Mongolia to enable the commencement of caving operations at OT. This action is an essential step in unlocking the full economic potential