Almost 80 percent of Mongolia’s oil payments go through this bank.
Almost 80 percent of Mongolia’s oil payments go through this bank.
Fitch Ratings has upgraded Mongolia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B+’ from ‘B’.
In addition to economic development, investment and financing decisions should take into account whether the project is environmentally friendly, harmful to human health, and socially beneficial. As a result, not only the financial institution but also the customer’s risk is
Sustainable mechanism for public-private sector dialogue on women entrepreneurship and challenges faced by women in business
Mongolia is actively engaging in policy dialogue and economic cooperation towards EBRD’s Women in Business Project. The country is expected to improve its international
On Monday, May. 17 official figures issued by Mongolia’s National Statistics Office (NSO) demonstrated that the country’s gross domestic product (GDP) expanded 22.5 percent annually in the January-March period of this year.
The NSO stated that the GDP reached MNT 9.2
The Mongolian government is aiming to open a 258.4 km railway line, connecting Tavan Tolgoi, its largest coking coal mine in South Gobi region, to the Gashuun Sukhait checkpoint also in South Gobi bordering China by July next year; once
Mongolia’s foreign trade turnover rose 50.6 percent year on year to USD 4.4 billion in the first four months of this 2021.
The country registered a surplus in its foreign trade balance as exports exceeded imports by USD 535.4 million in
Turquoise Hill Resources Ltd said on Tuesday its Oyu Tolgoi mine in Mongolia had partially resumed shipments to China, after the Canadian miner declared force majeure on some Chinese contracts last month due to COVID-19-led curbs.
The company is evaluating multiple
Over January-March, Mongolia’s total coal exports surged 113.7% on year to 6.7 million tonnes, among which 93.5% were to China, and the second largest destination was Singapore, which accounted for 5.8% of the total, according to Mongolia’s Customs data on
As the world continues to battle the COVID-19 crisis, it is instructive to look at how the private sector has coped since the onset of the pandemic over one year ago. The World Bank has conducted a series of surveys