Economic Archives - Page 6 of 23 - News.MN



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Aero City planned at Mongolia’s new international airport

As Ulaanbaatar’s brand new international airport nears completion,  planning is underway to establish a satellite town with a population of some 51.5 thousand people and a highway link to Ulaanbaatar. According to the general plan for Aero City, 9479 households

Spending on geological exploration in Mongolia doubles

The 11th annual Mongolian Geology and Exploration Roundup and Expo 2019 opened at the Corporate Convention Centre earlier today (28 March). The two-day event is being organised by the Mining Resources and Petroleum Authority (MRPAM), the Ministry of Mining and

100,000 Solar Ger Electrification Programme

The Mongolian government has launched a “National 100,000 Solar Ger Electrification Programme”, an initiative to provide nomads with portable solar home systems (SHS). Simple portable panels and batteries, easy to set up and carry, have become a modern accessory in

Mongolian Central Banks keeps policy interest rate

The Central Bank of Mongolia has decided to leave the policy interest rate unchanged at 11 percent. “The decision aims to bolster economic growth and cope with the inflation target framework in the medium term,” said B.Bayarsaikhan, head of the

China supports Erdenet thermal power plant expansion

Mongolia has received funding from the Chinese government for the expansion of a thermal power plant in Erdenet, the capital city of the northern Orkhon province.  The expansion of the thermal power plant will improve its overall capacity by 35

Development Bank of Mongolia to give soft loans to gold companies

The ‘Mongolia Gold 2019’ conference and exhibition is currently taking place at the Corporate Convention Centre in Ulaanbaatar. The two-day forum, which is meeting place today and tomorrow (22-23 March) has been organised by the Mongolian Gold Producers’ Association and