Economic Archives - Page 96 of 96 - News.MN

Forbes Mongolia Awards 2019

‘Forbes’, the leading international business magazine, has been published officially in Mongolia since 2012. This year, the magazine organised the ‘Forbes Mongolia Awards 2019’ aimed at awarding the best entrepreneurs in the Mongolian business sector. The awards ceremony was held

Gold purchase concerns at Mongolia’s Central Bank

The Mongolian Central Bank bought a total of 1.6 tons of gold from legal entities and individuals in the first four months of 2019. The figure represents a fall  of 48 percent compared with the same period last year.

This significant

China and Mongolia sign major infrastructure deal

China and Mongolia have signed a cooperation plan on promoting the alignment of the China-proposed Belt and Road Initiative (BRI) with Mongolia’s Development Road Programme. The signing ceremony took place in Beijing on Thursday 25 April.

Chinese President Xi Jinping and

Oyu Tolgoi – performance snapshot

The Oyu Tolgoi copper and gold mining complex, released the latest edition of its scorecard on 23 April, providing its performance for first quarter of 2019.

-Copper production reached 45,800 tonnes; an increase of 18.2 percent on the first quarter of

BRI will clear doubts as it progresses

Editor’s Note: Doubts have again been raised over the Belt and Road Initiative’s goals, with some calling it a “debt trap” for participating countries and China’s “geopolitical expansion tool”. Why are anti-China elements using such ploys to malign China? And

Belt and Road projects: Past, present, future

A train stops at the Idu Railway Station in Abuja, Nigeria on July 26, 2016. The Abuja–Kaduna Railway is the first standard gauge railway in Nigeria. [Photo/Xinhua]The Abuja–Kaduna Railway, as the first segment of the Lagos–Kano standard gauge project, the

Russian car maker targets Mongolia

The Russian automobile producer AutoVAZ will start selling Lada Xray Cross, Largus, Lada 4×4 and Granta models on the primary market in Mongolia by 2020. According to the Russian Embassy in Ulaanbaatar, sales will be implemented in accordance with the

Mongolia benefits from Australia’s ban on Chinese coal

Mongolia’s coal exports rose 15 percent on the year to 7.8 million tonnes in the first quarter, with the country benefiting from customs delays impeding imports from Australia during the period. Export earnings from coal over the first three months