Business & Economics
Business » Business & EconomicsFebruary 21, 2013
On February 20, 2013, the Speaker of the State Great Khural (Parliament) of Mongolia Zandaakhuu ENKHBOLD visited the national biggest and leading cashmere manufacturers of "Gobi" Corporation and "Buyan" LLC to get familiarized with current activities of the companies. 
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Business » Business & EconomicsFebruary 21, 2013
On February 20, 2013, the Policy Council of the Government held its regular meeting, where a recommendation was issued and agreed to finance at first four of the biggest projects by Government’s Chinggis Bond and resolved to submit to the Cabinet meeting for approval. 
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Business » Business & EconomicsFebruary 20, 2013
According to a Press Release by Oyu Tolgoi LLC, the company is celebrating its annual “Gobi Gem” Oyu Tolgoi Best Supplier Award Ceremony for its consecutive fourth year, and the 2012 Gobi Gem Awards is to take place at the Mongolian State Academic Theatre of Opera and Ballet, Ulaanbaatar on February 20, 2013. 
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Business » Business & EconomicsFebruary 20, 2013
Mongolia-Japan Business Forum on the Construction Sector organized by the Ministry of Land, Infrastructure, Transport and Tourism of Japan is being held in Hotel Grand Palace, Tokyo on February 18-22, 2013. 
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Business » Business & EconomicsFebruary 19, 2013
Coal Mongolia 2013, the Third International Conference and Exhibition for coal investors has been jointly organized by the Ministry of Mining of Mongolia at the "SS" Convention Center, Ulaanbaatar on February 21-22, 2013. 
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Business » Business & EconomicsFebruary 18, 2013
The Ministry of Road and Transportation of Mongolia, AODE Company and the Mongolian Road Association in association with Ulaanbaatar City Administration and Mongolian National Chamber of Commerce and Industry are hosting the first “International Road Expo Mongolia 2013” on Road Equipment Producers, Suppliers and Service Providers Exhibition and Conference to introduce advanced technologies and to explore the Mongolian market to take place in Buyant-Ukhaa Sports Palace, Ulaanbaatar on March 06-07, 2013. 
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Business » Business & EconomicsFebruary 15, 2013
According to the National Statistical Office of Mongolia as of January 2013, at a national level the natural losses of adult animals is down by 49.4 thousand heads or 2.2 times to 72.2 thousand heads compared to the same period of the previous year. Out of the losses of adult animals, 3.8 thousand were horses, 7.6 thousand were cattle, 56 were camels, 25.9 thousand were sheep and 34.8 thousand were goats. 
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Business » Business & EconomicsFebruary 15, 2013
According to the National Statistical Office of Mongolia as of January 2013, Mongolia traded with 91 countries from all over the world. The total external trade turnover reached 779.7 million USD, of which exports made up 281.6 million USD and imports made up 498.1 million USD. 
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Business » Business & EconomicsFebruary 15, 2013
According to the National Statistical Office of Mongolia as of January 2013, the national consumer price index in January 2013, has been increased by 1.8 percent compared to the previous month and 13.0 percent compared to the same period of the previous year. 
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Business » Business & EconomicsFebruary 14, 2013
With the February 14, 2013 of the regular foreign currency auction (Tuesdays and Thursdays) held at the Central Bank of Mongolia, commercial banks requested to buy 9.5 million USD under rates of 1,389-1,392 MNT per USD and to buy 20 million CNY under rates 223-223.20 MNT per CNY respectively. 
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Business » Business & EconomicsFebruary 08, 2013
On February 07, 2013, the following statement was issued by Oyu Tolgoi LLC on its website www.ot.mn regarding Wednesday's meeting of Oyu Tolgoi's shareholder representatives. 
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Business » Business & EconomicsFebruary 07, 2013
Representing the Municipal Government of Ulaanbaatar city, Deputy of the City Road and Infrastructure Department N.Gantumur, Chairman of the Capital City Road Authority D.Nanzaddorj and representatives of the China Railway 20 Bureau Group Corporation have signed on the Memorandum of Cooperation on February 06, 2013. 
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Business » Business & EconomicsFebruary 07, 2013
Minister for Economic Development of Mongolia Nyamjav BATBAYAR delivered an official statement regarding "The tasks of economic reforms of Mongolia" in the Citizen Hall under the President's Office on February 06, 2013. 
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Business » Business & EconomicsFebruary 06, 2013
On February 06, 2013, the shareholders' meeting between representatives of the Government of Mongolia and the Rio Tinto Group is scheduled today, accordingly Minister for Economic Development of Mongolia N.Batbayar announced that the meeting would start at 02:00pm in the Ministry of Mining. 
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Business » Business & EconomicsFebruary 06, 2013
On February 05, 2013, Oyu Tolgoi posted to its website responses to the issues of concern raised during last Friday's (February 01) open Parliament meeting. 
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Business » Business & EconomicsFebruary 06, 2013
The IV intergovernmental committee meeting between the Governments of Hungary and Mongolia is scheduled to be organized on upcoming March 20-24, meanwhile the Mongolia-Hungary Business Forum will take place in Budapest organized by Mongolian National Chamber of Commerce and Industry (MNCCI). 
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Business » Business & EconomicsFebruary 05, 2013
On February 05, 2013, Mongolian Stock Exchange JSC (MSE) has announced its new Board of Directors. According to the State Property Committee’s (SPC) decision the Board of Directors of Mongolian Stock Exchange JSC has been renewed as following. 
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Business » Business & EconomicsFebruary 04, 2013
At the Cabinet meeting held on Saturday, February 02, it was resolved to establish an external monitoring laboratory on copper and gold concentrates being excavated to export from the Oyu Tolgoi site. 
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Business » Business & EconomicsFebruary 01, 2013
The Ministry of Land, Infrastructure, Transport and Tourism of Japan in association with Mongolian Ministry of Construction and Urban Development, and City Governing Office is hosting a “Mongolia-Japan Business Forum” in the construction sector in Tokyo on February 18-22, 2013. 
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Business » Business & EconomicsFebruary 01, 2013
Coinciding with the visit by China delegation to Mongolia led by the Chairman of the Standing Committee and Party Secretary of the National People's Congress Wu Bangguo, the opening ceremony of the representative office of the Bank of China in Ulaanbaatar was held on January 31, 2013. 
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Business » Business & EconomicsFebruary 01, 2013
On January 31, 2013, authorities of the Ministry of Mining of Mongolia led by its Minister D.Gankhuyag have called a press conference regarding the upcoming meeting between the Government of Mongolia and representatives of the Rio Tinto Group. 
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Business » Business & EconomicsJanuary 31, 2013
On January 30, 2013, Minister of the Cabinet Office of the Government of Mongolia Chimed SAIKHANBILEG hosted an open conversation with journalists regarding tasks to be implemented by New Government for Changes in its legal term of governing. 
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Business » Business & EconomicsJanuary 30, 2013
Following a response from Aluminum Corporation of China ("Chalco") to Bloomberg's inquiries on January 22, we have noticed various reports posted by Mongolian and international press regarding the coal offtake agreement between Chalco and Erdenes Tavan Tolgoi JSC ("ETT") and would like to clarify as follows: 
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Business » Business & EconomicsJanuary 29, 2013
Trade and Development Bank of Mongolia and Mizuho Corporate Bank of Japan have established a Memorandum of Understanding on Cooperation in Tokyo on January 29, 2013. 
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Business » Business & EconomicsJanuary 28, 2013
Mongolia is reaching out to China's largest coal producer China Shenhua Energy in an effort to break a deadlock over the terms of a souring coal supply deal with another Chinese giant, Aluminum Corp. of China, Mongolia's ambassador to Beijing said Friday, January 25. 
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Business » Business & EconomicsJanuary 28, 2013
On Saturday, January 26, the regular Cabinet meeting took place in the Government House, where several issues were discussed and resolved accordingly. 
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Business » Business & EconomicsJanuary 25, 2013
The Governor of the Bank of Mongolia Naidansuren ZOLJARGAL announced that the Bank decreased its Policy Rate from 13.25 to 12.5 by 0.75 percentage points at the press conference held on January 25, 2013. 
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Business » Business & EconomicsJanuary 25, 2013
President of Mongolia Tsakhia ELBEGDORJ, who is attending the World Economic Forum annual meeting, met Suma Chakrabarti, the sixth President of the European Bank for Reconstruction and Development (EBRD) on January 24, 2013. 
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Business » Business & EconomicsJanuary 24, 2013
The Government Regulatory Agency, Nuclear Energy Authority released an official statement titled "Uranium is not extracted in the territory of Mongolia" on January 21, 2013. 
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Business » Business & EconomicsJanuary 24, 2013
Mandal Asset Management, an official partner of www.InfoMongolia.com, provided the following article. How will Mongolia perform in 2013? As around 5 percentage points decline in annual GDP growth might sound like a death sentence for some economies, however it is not the case for Mongolia. 
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