Economic Archives - Page 5 of 23 - News.MN

Wednesday

2019/07/17

Dollar (USD)

2533.95

Ulaanbaatar

+19°C

Russian car maker targets Mongolia

The Russian automobile producer AutoVAZ will start selling Lada Xray Cross, Largus, Lada 4×4 and Granta models on the primary market in Mongolia by 2020. According to the Russian Embassy in Ulaanbaatar, sales will be implemented in accordance with the

Mongolia benefits from Australia’s ban on Chinese coal

Mongolia’s coal exports rose 15 percent on the year to 7.8 million tonnes in the first quarter, with the country benefiting from customs delays impeding imports from Australia during the period. Export earnings from coal over the first three months

Deadly Darkhan Highway – EBRD to pay for repairs

The European Bank for Reconstruction and Development (EBRD) has signed an agreement worth USD 300 million with the Mongolian government to help the country improve its infrastructure.

The money will be spent on projects and programs in road and transport and

Mongolia Mining 2019: International Mining & Oil Expo

The Mongolia Mining 2019 International Mining & Oil Expo has opened at the Buyant Ukhaa sports complex on Wednesday.

The annual expo is the largest gathering of the Mongolian mining sector. It aims to introduce the Mongolian government’s policies on the

Fourth Mongolian bank to close

Capital Bank LLC, one of the 14 commercial banks in Mongolia has gone into liquidation by decree of the Central Bank of Mongolia. According to N.Batsaikhan, who is chief examiner at Mongol Bank, the volume of Capital Bank’s  low grade

Three Mongolian included in Forbes 30 Under 30 Asia list

Forbes Asia has been scouting the Asia-Pacific region in search for 300 outstanding individuals to highlight in the annual Forbes 30 Under 30 Asia list.

Across 10 industries, young entrepreneurs and rising stars have been selected from 23 countries and territories

ADB: Mongolia’s economy growth seen as positive

In the latest updates from the Asian Development Bank, Mongolian economic growth is forecast to reach 6.7 percent in 2019; this is slightly less that in the previous year. Mongolia’s economic growth was 6.9 percent in 2018; however, it is