Economic Archives - Page 8 of 22 - News.MN

Thursday

2019/06/19

Dollar (USD)

2533.95

Ulaanbaatar

+19°C

Mongolia’s reindeer population increases

The reindeer population in Mongolia reached 2,396 at the end of 2018, increasing by 167 animals compared to the previous year, the country’s National Statistics Office (NSO) said.

There were more than 2,000 reindeer in Mongolia during the 1970s. However, the

Mongolia is now in the Top Ten

A discussion entitled ‘Think Bank 2019- Money and the Financial Environment’ was held at the State Palace earlier today (22 February). The event was co-organised by the Parliamentary Economic Standing Committee and the Central Bank of Mongolia.

Mongolia’s economic growth reached

Mongolia’s foreign trade turnover reaches USD 13 billion

The American Chamber of Commerce in Mongolia (AmCham Mongolia) hosted Minister for Foreign Affairs D.Tsogtbaatar at the January Monthly Meeting.

At the meeting Foreign Minister Tsogtbaatar noted, “Mongolia’s foreign trade turnover reached nearly 13 billion USD in 2018 – a record-high

Mongolia’s coal exports increase by 129000 tonnes

Mongolia earned USD 169.2 million from coal exports to China in January, the Mongolian Customs General Administration (MCGA) said on Tuesday.

The country exported a total of 2.1 million tonnes of coal in January, virtually all to China. The figure represents

Mongolia’s inflation grew slightly in January

Mongolian consumer inflation was 7.3% year-on-year in January, according to latest data from the country’s National Statistics Office. In monthly terms, inflation grew slightly by 0.6% in the first month of 2019.

Inflation continues to be pushed up by accelerating growth,

MIAT to fly between Ulaanbaatar and Guangzhou

MIAT Mongolian Airlines has opened reservations for its planned route between Ulaanbaatar and Guangzhou, the capital city of the province of Guangdong in southern China. The flight is scheduled to commence on 31 March, 2019. MIAT’s new Boeing 737-800 is

Mongolia’s renewable energy capacity reaches 275 megawatts

A solar power plant producing 10 Megawatts of electricity has been officially been made operational in the Govisumber provice.

According to ESB Solar Energy, which is the project’s operator, this energy plant was officially made operational on Sunday in Sumber soum,

Mongolian freight transit increases by 50 percent

The number of China-Europe freight trains traveling through Mongolia increased by well over 50 percent in 2018.  As the service expands, its contribution to the Mongolian economy has been increasing.

Economic relations and cooperation between China, Russia and European countries have