Economic Archives - Page 83 of 95 - News.MN

Mongolia to increase number of civil servants

Mongolian parliament is discussing the 2020 State Budget this week. According to the law, parliament must approve the General State Budget by 15 November.

The Mongolian cabinet has drafted steps to increase the number of civil servants by 3300 in 2020.

Mongolia to cut nighttime electricity tariffs

In an effort to reduce Ulaanbaatar’s chronic air pollution, an annual nighttime electricity tariff reduction for the city’s ger districts is being provided from November 1 to April 1.

Nearly MNT 20 billion will be spent on the electricity price discount

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