J.Ganbat, The Plenipotentiary representative of “Erdenes Tavantolgoi” JSC said that since the audit report has been finalized, 256,000 MNT of shares will be paid to citizens from tomorrow.
J.Ganbat, The Plenipotentiary representative of “Erdenes Tavantolgoi” JSC said that since the audit report has been finalized, 256,000 MNT of shares will be paid to citizens from tomorrow.
For the last six months, the Ministry of Economic Development has been continuously negotiating agreements with Russia.
The UK’s financial watchdog is conducting a probe into Rio Tinto and its late-running USD 6.75bn underground copper project in Mongolia’s Gobi Desert.
The Financial Conduct Authority is investigating whether the Anglo-Australian company breached listing rules in disclosures about the value
The large and comprehensive economic stimulus launched by the Mongolian government from February 2021 has eased pressure on asset quality for the banking sector amid the economic disruptions caused by measures to contain Covid-19.
Fitch Ratings expects the stimulus to be
The World Bank has approved a USD 100-million loan to support a sustainable urban transport project in the Mongolian capital of Ulaanbaatar, the bank’s office in Mongolia said Thursday.
The project is aimed at developing a comprehensive framework for sustainable urban
MongolBank or the Central Bank of Mongolia announced on Wednesday that its monetary policy council has decided to keep the benchmark interest rate unchanged at 6 percent.
In addition, inflation is expected to be around the target rate of 6 percent
Golomt Bank of Mongolia secured a USD 10 million loan with a tenor of five years from International Investment Bank (IIB) on 10 June 2021. Golomt Bank plans to utilize the loan proceeds to finance the SMEs, the projects with
Mongolia’s national consumer inflation reached 6.2% in May, up by 0.7% m/m, according to the country’s national statistics office.
Inflation was 5.6% in April.
The increase was affected by the increased price of consumer goods such as imported alcoholic beverages and tobacco
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU), together with the European Mongolian Chamber of Commerce and Industry (EuroChamber Mongolia), recently announced launching a ‘SME Export capacity building’ project to pave the way for Mongolian
Achit-Ikht LLC, a member of the London Metal Exchange and a Mongolian national producer, has started issuing preferred shares and paying dividends to its targeted beneficiaries, the company’s employees and the employees of Erdenet Mining Corporation, since 2019 as part