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.
Mongolia formally acceded to the Asia-Pacific Trade Agreement (APTA) on Tuesday, becoming the seventh member of the long-standing regional pact. The APTA, previously known as the Bangkok Agreement, represents Mongolia’s first regional trade agreement with developing countries.
The agreement was founded
Earlier today (29 September), Finance Minister Ch.Khurelbaatar announced that a USD 600 million 5.5-year bond has been successfully raised from the international market in cooperation with the Central Bank of Mongolia. The ‘Nomad’ bond with 5.125 percent interest is similar
South Korean tobacco firm, KT&G, raised its Mongolian tobacco market share to 34.2 percent in the first half of this year to beat JTI and take the top spot for the first time.
Its ESSE, the most popular product in the
The World Bank Group, one of the largest sources of funding and knowledge for developing countries, is taking broad, fast action to help developing countries strengthen their pandemic response. In Mongolia, the Bank has been working closely with the government to address the
Canadian design firm, Stantec (STN) has been selected to provide advisory services on the water infrastructure improvements in Ulaanbaatar, the Mongolian capital.
The company was chosen by the Millennium Challenge Corporation (MCC), a US Government agency working to reduce global poverty.
MCC
Tourism is one of the first industries to be affected when countries close borders and ground all international flights. In early February, Mongolia was the first country to take drastic steps for preventing the spread of coronavirus by implementing advanced
Delegates from the Financial Action Task Force (FATF) will visit Mongolia in October for evaluating the implementation of the specific tasks given to Ulaanbaatar for getting off the Grey list. The delegates have a tight schedule which has been complicated
Fitch Ratings has assigned Mongolia’s (B/Stable) proposed US dollar bonds a ‘B’ rating. Proceeds from the proposed bonds will be used to refinance bonds maturing in 2021 and 2022 through a cash tender offer.
The rating is in line with Mongolia’s