Economic Archives - Page 88 of 96 - News.MN

Destination Mongolia! Rise in tourist numbers

The number of tourists coming to Mongolia grew by 14.8 percent year-on-year in the first half of 2019. A total of 217,000 foreign tourists visited the country in the period from January to June, with China being the leading source

UB coal ban: households to face challenges this winter

Starting in May, the government of Mongolia introduced a coal burning ban in the capital, Ulaanbaatar, as part of efforts to clean up the city’s air. Those households and businesses that continue to burn coal risk being fined. However, as

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