Economic Archives - Page 85 of 96 - News.MN

Mongol Bank launches Sinraptor coin

The Central Bank of Mongolia – also known as Mongol Bank – has launched its Sinraptor coin as a part of the New Dinosaur Coin Series.  The silver 999 coins are 38.61 mm and Gold 9999 coins are 11 mm.

The

Coal ban costing lives in Ulaanbaatar

Eight people have died of carbon monoxide poisoning in the ger districts of Ulaanbaatar and 350 have been hospitalized – 220 of them children,  following the introduction of “safe” smokeless briquettes as the official alternative to coal. The first deaths

Mongolian cashmere giant joins EBRD project

Mongolian cashmere giant the Gobi Company is implementing a project entitled ‘from Mongolian Herders to World Brand’ in cooperation with the Sustainable Fibre Alliance and the European Bank for Reconstruction and Development (EBRD). The project will last from 2019-2021 and

Tourist numbers in Mongolia rise by 59 percent

The Mongolian Immigration Agency reported on Thursday (17 October), that tourist arrivals in the country have increased by 59 percent. A total of 2374 people have been issued with tourist visa for 30 days or more at border crossings through

Mongolian currency weakens against USD and CHY

The rate of the Mongolian Tugrik against the US dollar weakened by 6.6 percent year-on-year in the first three quarters of 2019. The  US dollar traded at 2,667.21 against the Tugrik at the end of the third quarter, according to

Mongolia and Kazakhstan aim for USD 130 million of trade

Prime Minister U.Khurelsukh attended a Mongolian – Kazakh business forum between during the second day of his official visit to Nur-Sultan. Over 60 delegates from Mongolian enterprises and more than 160 businessmen from Kazakhstan participated in the event.

Currently, Mongolia and

Supporting young people in rural Mongolia

Save the Children Japan (SCJ) and the World Bank today announced the launch of a USD 2.75 million grant for a project supporting vulnerable young people in rural Mongolia. The project—funded by the Government of Japan under the Japan Social