Economic Archives - Page 38 of 95 - News.MN

Supporting Mongolian SMEs to enter the European market

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

Women Empowerment Programme in Mongolian cashmere sector

The Sustainable Fibre Alliance and clothing brand J.Crew are supporting nomadic female herders with workshops designed to lift their economic and social standing. Despite having the potential to bring tremendous value to the cashmere supply chain, the Sustainable Fibre Alliance

Mongolia’s foreign exchange reserves reached all-time high

Mongolia’s foreign exchange reserves reached USD 4.9 billion at the end of April, hitting an all-time high, reported the country’s Central Bank.

The record was mainly related to the stable exchange rate of the Mongolian national currency, the Tugrik,  and measures

Gazprom and Mongolia discuss Soyuz-Vostok gas pipeline

Chief Executive Officer of Gazprom Alexei Miller and Mongolian Foreign MinisterB.Battsetseg have discussed the construction project of the Soyuz-Vostok gas pipeline, the Russian gas holding said on Wednesday. The mega-project  will guarantee supplies of Russian gas to China via Mongolia,

Mongolia exports cashmere to Italy by land for first time

Today (3 June), 20 tonnes of finest cashmere were delivered to Italy from Ulaanbaatar, the capital of Mongolia. This was the first time that Khangbogd Cashmere delivered its product directly to Italy by land. The journey time for the prized Mongolian