Economic Archives - Page 92 of 96 - News.MN

More Chinese travelling to Mongolia

The People’s Republic of China still composes the larger part of tourist arrivals to Mongolia, followed by the Russian Federation, Japan and the Republic of Korea (ROK).  Chinese tourists accounted for 36.4 percent of total foreign tourist arrivals to Mongolia,

New Airport Management Project to be implemented by Mongolia-Japan joint companies

AKIPRESS.COM-The Mongolian government approved establishment of a concession agreement with Mongolia-Japan joint company under ‘invest-operate-transfer’ condition for Ulaanbaatar International New Airport Management Project, Montsame reports.

The project will be carried out by Airport at Khushgyn Valley state-owned profit oriented enterprise from

Mongolia must bolster fiscal institutions! says World Bank report

A new World Bank report on Mongolia revenue, public sector spending and financial institutions has been released. In a press release, the WB stressed the importance of growth without excessive borrowing and the need to strengthen the country’s fiscal foundations.

Specific procurement notice (SPN)

The United States of America, acting through the Millennium Challenge Corporation (“MCC”) and the Government of Mongolia (the “Government”) have entered into a Millennium Challenge Compact for Millennium Challenge Account assistance to help facilitate poverty reduction through economic growth in

Mouldy rice from China – Return to sender!

Mongolian custom officials at the Zamyn-Ude border crossing decided to re-export 60 tonnes of rice to China. According to the officials, the rice was covered with mould upon inspection. The incident occurred on 4 June.

The country currently imports approximately 70,000

Mongolia’s foreign trade rises to USD 5.58 billion

In the first five months of 2019, Mongolia’s foreign trade rose 10.2 percent year-on-year, amounting to USD 5.58 billion.

Exports grew 13 percent year-on-year to USD 3.26 billion, while imports rose 6.3 percent to USD 2.32 billion, the National Statistical Office