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.
The World Bank’s Board of Executive Directors approved US$30 million in loan financing for the Mongolia Livestock Commercialization Project on December 13, the WB reported. The project will help improve the health and productivity of livestock and increase value of
Mongolia is to buy 71 fire-engines, along with other much-needed equipment for the National Emergency Management Agency (NEMA), which runs the fire stations across the country. The vehicles will be purchased with a soft loan from the Development Bank of
Mongolia’s Central Bank decided today (20 December) to leave the benchmark interest rate unchanged at 11 percent for the third time. The policy interest rate was increased to 11 percent in November 2018.
MIAT Mongolian Airlines is set to receive its first Boeing 787-9 aircraft. It will enable the Ulaanbaatar-based airline to fly to European and North American cities, opening up a whole raft of new possibilities for intrepid travellers. The aircraft will
The Mongolian government on Wednesday imposed a 12-month ban on the issuing of licenses for mineral exploration. ‘The ban is part of the government’s efforts to create responsible mining, explained officials. Currently, there are 2,889 active mining licenses.
Mongolia isn’t a country commonly associated with luxury. But some of the world’s biggest luxury brands are betting on it. Chinese consumers are the trump cards Mongolia is counting on.
For years, Mongolia’s economy has depended on mining — in particular