Economic Archives - Page 82 of 94 - News.MN

Mongolian Economic Forum discusses sustainable development

The Mongolia Economic Forum-2019 has taken place  in Ulaanbaatar to discuss the sustainable development of economy at a time when poverty remains a pressing concern. The annual forum aims to build consensus for defining sustainable economic development policies and addressing

Tavan Tolgoi Ramps Up Work on USD 1 Billion Hong Kong IPO

Mongolian state-owned coal miner Erdenes Tavan Tolgoi JSC is ramping up work on a planned Hong Kong initial public offering that could raise more than USD 1 billion, people familiar with the matter said.

The coal miner has hired an adviser

New Mongolian oilfield discovered

Mongolia’s first ever oil refinery is now under construction in Dornogobi province. The Zuunbayan oilfield in East Gobi, the first oil reserve, was discovered in December 1940 by Mongolian geologist J.Dugersuren and Soviet geologist Yu.S.Zhelubovsky.

After 79 years, an new oil

Export Mongolia-2019, international business forum

Mongolia’s prime minister has announced that October is a special month for supporting export. As a part of this campaign, the first international business forum entitled ‘Export Mongolia-2019’ is taking place on 28-29 October. The two-day event is being organised

Mongolia’s foreign exchange reserve reaches USD 3.9 billion

According to the Central Bank of Mongolia, also known as Mongol Bank, the national foreign currency reserve has hit USD 3.9 billion. This will cover the country’s demand of foreign currency for nine months’ import trade.

However, the Mongolian Government needs

SHAME! Monuments or Human Lives?

As the 2020 Mongolian State Budget is being discussed, there is outrage that lawmakers are forgetting about human lives.

Every year, 4400 people die of cancer. Mongolia only has one Cancer Centre; its director, J.Chinburen, is begging the government to approve

Will Mongolia get off the grey list 2020?

Having failed to adequately comply with the recommendations of the Financial Action Task Force (FATF), concerning anti-money laundering and counter-terrorism financing measures, Mongolia has been added to the FATF’s grey list along with Iraq, Zimbabwe and N.Korea.

Specialists at the Paris-based

Foreign direct investment to Mongolia on rise

Mongolia attracted over USD 1.3 billion of foreign direct investment (FDI) in the first eight months of 2019, the Central Bank has reported. The number reflects a four percent decrease on the same period last year.

The majority of the total