Economic Archives - Page 80 of 95 - News.MN

Lithium exploration in Mongolia

ION Energy Ltd. is a battery metal exploration company focusing on lithium exploration in southeast Mongolia. The company holds one of the largest mining licenses in the country and is leveraging its first-mover advantage to explore an area of more

Nationwide livestock census starts in Mongolia

The annual nationwide livestock census has started in Mongolia. This not only records the number of animals, but also conducts a detailed study of the herder families across the country.

This time last year, there were 66.5 million animals, representing an

Gobi cashmere launched de.gobicashmere.com for the German speakers

Gobi cashmere has officially launched its online store (de.gobicashmere.com) for German speakers on 6th of December. It definitely brings Gobi cashmere much closer to the customers in the German speaking regions. Since they successfully entered the European market a while

Mongolia exports 40 thousand tons of meat

Mongolia has exported a total of 40 thousand tons of meat to China, Russia, Vietnam, Japan, Iran and Kazakhstan this year.

In recent years, meat export to Hong Kong, Iran and Vietnam have been growing. Some 80 percent of the total

ADB approves second loan for decreasing UB’s air pollution

The Asian Development Bank (ADB) has approved a loan of USD 160 million to support the Mongolian government’s efforts to improve the air quality and health in Ulaanbaatar. According to the ADB, it is the second loan to support improved

Russia to help with Mongolian coal export railway

Russian Railways subsidiary RZD International is to provide technical assistance for the development of a 414 km rail link to the Tavan Tolgoi coalfield, following the signing of a co-operation agreement in Ulaanbaatar on 3 December.

Intended to carry up to

Mongolia’s budget for developing the green economy

Starting from 2020, Mongolia will spend two percent of the country’s GDP on investment for developing the green economy. The national green development policy is being implemented in two stages: from 2014 to 2021, and from 2021 to 2030.

With the

Mongol Bank buys gold to raise foreign exchange reserves

The Central Bank of Mongolia or Mongol Bank bought a total of 14.4 tonnes of gold from legal entities and individuals in the first 11 months of this year. As of November, the bank’s average gold purchase price was MNT