Economic Archives - Page 4 of 18 - News.MN



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Third Mongolia-China expo

The third Mongolia-China expo will be held this September in Hohhot, the capital of China’s Inner Mongolia Autonomous Region. The biannual event is a great opportunity for Mongolia to diversify exports to China as well as expanding economic cooperation.

China has

India extends USD 1 billion credit line to Mongolia

Engineers India Ltd (EIL) has won the project management consultancy contract from Mongolia for the new 1.5 million tonnes refinery that the country is currently constructing.

EIL and the Mongolian government through Mongol Refinery State Owned LLC signed a Memorandum of

Hunnu Air leases four Embraer E-190 aircraft

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the signing of a lease agreement with a Mongolian domestic airline, Hunnu Air, for a fleet of four Embraer E-190 aircraft.


Trade between Mongolia and Russia rises by 40 percent

The trade turnover between Mongolia and Russia in 2018 rose by 39.8 percent year-on-year, reaching 1.8 billion U.S. dollars, the Mongolian Customs General Administration said on Tuesday 5 February.

The agency said that Mongolia managed to increase the supply of agricultural

Mongolian mining sector contributes State Budget

At a press conference today (January 31st), the Ministry of Mining and Light Industry gave a report on its performance and productivity over the past year. In 2018, the Ministry contributed a total of MNT 2 trillion and 51.5 billion

Mongolian Economy grows highest in last five years

As had been predicted, Mongolia’s economy grew by 7.1% in 2018. According to G.Zandanshatar, who is Chief of the Cabinet Secretariat, this is the highest growth of Mongolia’s economy in the last five years.

In 2011, Mongolia’s economic growth reached its