Economic Archives - Page 88 of 95 - News.MN

Mongolia’s coal and gold exports on the rise!

Mongolia’s foreign trade turnover reached USD 9.5 billion in the first eight months of 2019, resulting in an increase of exports to USD 5.4 billion and imports to USD 4.1 billion.

Exports increased by USD 715.8 million in the period from

Mongolian freight revenue rises

According to statistics, Mongolia’s air transportation revenue reached MNT 319.7 billion – or 4.4 percent – in the first eight months of 2019. However, the total weight of air freight dropped to two million tonnes – a decrease of 1.9

Mongolia’s foreign debt reaches 220 percent of GDP

The volume of Mongolia’s foreign debt has reached 220 percent of the country’s GDP, reported Mr. Juan Pablo Bohoslavsky, UN Independent Expert on the effects of foreign debt, who has been on a mission to Ulaanbaatar. During his visit, which

Taiwan business eyes Mongolian market

‘Ulaanbaatar Partnership 2019’, an international autumn trade fair on consumer goods and commodity products will take place on 12-15 September, at the Misheel Expo Centre in Ulaanbaatar. The annual event is being organised by the Mongolian National Chamber of Commerce

Mongolia eyes higher value coking coal exports

Mongolia’s coking coal exports remain an integral part of the country’s export income and increased efforts are needed to compete against other coal-producing nations and solve challenging transportation issues, senior executives from trade associations and mining companies said on Thursday

East Asian Railroad Link to pass through Mongolia

The South Korean government has unveiled the blueprint for a proposed railroad link that it hopes to pursue in partnership with North Korea,

The blueprint was unveiled at an international seminar of the East Asian Railroad Community which was held in

Gold Purchase Decline

The Mongolian Central Bank bought a total of 9.6 tons of gold from legal entities and individuals in first eight months of 2019; this represents a decrease of 2.5 tons or 21 percent on the previous reporting period.

The Bank of

UB Mayor discusses projects with EBRD delegation

Earlier today (29 August), S.Amarsaikhan, Mayor of Ulaanbaatar held a meeting with Ms.Irina Kravchenko, Head of Resident Office of the European Bank of Reconstruction and Development in Mongolia and Ms. Svetlana Radchenko, EBRD Senior Banker in charge of infrastructure affairs.

At