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. 

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. 

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. 

In the frameworks of the 50th anniversary of the establishment of diplomatic relations between the United Kingdom of Great Britain and Northern Ireland and Mongolia that marks in 2013, several Scottish businesses are embarking on a trade mission to Mongolia this week, particularly arriving in Ulaanbaatar on January 25, 2013. 

Mongolia is exporting nearly all excavated minerals due to an absence of metallurgy processing plant in its territory; thereby in order to seize the export flow of iron ore and work more profitable producing end-products locally, Mongolian Metallurgy Manufacturer Union, which was formed recently in the midst of this month, has decided to implement a project to build its own plant in Mongolia. 

In the scope of the 50th anniversary of establishment of diplomatic relations between the Republic of Austria and Mongolia, the Austria-Mongolia Business Forum will be co-organized by the Mongolian Embassy in Vienna and the Austrian Federal Economic Chamber in Vienna on March 11, 2013. 

Mongolian traditional New Year Tsagaan Sar or White Month is approaching and is to be celebrated nationwide on February 11-12, 2013. 

According to the latest estimates made by Economist Intelligence Unit (EIU), experts deem that Macau will be the fastest growing economy this year. Growth is expected to return to a faster pace as new casino projects are resumed and Chinese visitors (with rising wages) continue to raise gambling revenues. 

According to National Statistical Office of Mongolia, as of January 15, 2013, the total external trade turnover reached 389.3 million USD, of which exports made up 146.3 million USD and imports made up 243.0 million USD. 

According to the National Statistical Office of Mongolia, as of January 16, 2013, the average price of basic food commodities at major food markets and grocery stores in Ulaanbaatar has been increased by 5.3% compared to the same period of last month and 0.7% compared to last week's averages. 

Foreign Minister of Mongolia Luvsanvandan BOLD, who is making an official visit to India at the invitation of his counterpart Salman Khurshid, started his visit from Mumbai (Bombay) city, India’s commercial and entertainment capital on January 15, 2013. 

With January 15, 2013 of the regular foreign currency auction (Tuesdays and Thursdays) held at the Central Bank of Mongolia, commercial banks requested to buy foreign currencies of USD and CNY respectively. 

On January 14, Mongolian National Chamber of Commerce and Industry (MNCCI) released a schedule of Exhibition and Trade to be organized both in Mongolia and overseas for 2013.

On January 14, 2013, the National Statistical Office of Mongolia released an annual report of Social and Economic situation of Mongolia as of the preliminary result of 2012. 

On January 14, 2013, the National Statistical Office of Mongolia released an annual report of Social and Economic situation of Mongolia as of the preliminary result of 2012. 

The YUM! Asia Franchise Pte. Ltd. has selected and consequently granted Tavan Bogd Group, through its subsidiary Tavan Bogd Foods LLC, the rights to establish and operate the KFC (Kentucky Fried Chicken) restaurants in Mongolia. 

At the Cabinet meeting held on Saturday, January 12, it was resolved to implement a part of the 2012-2016 Action Plans, in order to avoid oil products' dependent status and provide economic security, the New Government for Changes has decided to finish construction of the country's first oil refinery "Darkhan-Petroleum" plant in Darkhan-Uul aimag (province) by the end of 2015. 

With the January 10, 2013 of the regular foreign currency auction (Tuesday and Thursday) held at the Central Bank of Mongolia, commercial banks requested to buy 84.20 million USD and to buy 108 million CNY respectively. 

World Trade Center Ulaanbaatar NGO, Financial Regulatory Commission of Mongolia, Mongolian Stock Exchange and Misheel Group are co-organizing Finance Mongolia 2013, the first prestigious financial exhibition and seminar at Misheel Expo Center, Ulaanbaatar on February 22-24, 2013. 

Opening the first of the 2013 Airline Star Ranking changes, SKYTRAX have announced that MIAT Mongolian Airlines has been awarded the 3-Star Airline certification. MIAT Mongolian Airlines was previously ranked as a 2-Star Airline, but the recent level of Product and Service improvements have enabled their Star Ranking to be awarded at a 3-Star Airline level. 

At the Economic Standing Committee meeting of the State Great Khural (Parliament) held on January 09, 2013, Executive Director of the "Erdenes Tavan Tolgoi" JSC Ya.Batsuuri introduced current implementation works following the 39th resolution issued by the Parliament of Mongolia in 2010. 

Ministry of Road and Transportation of Mongolia in collaboration with the Embassy of the People’s Republic of China in Ulaanbaatar has organized a forum discussion themed “Developing High Profitable Eco Railroad” in the Ramada Hotel, Ulaanbaatar on January 08, 2013. 

Center for Executive Education affiliated the American University of Mongolia, is organizing two courses both chaired by Mr. Peter Goodson who is to lead the programs on February 05 and February 07-08, 2013. 

Minister for Mining of Mongolia Davaajav GANKHUYAG received the Ambassador Extraordinary and Plenipotentiary of Canada to Mongolia, Gregory Goldhawk on January 07, 2013. 

On January 04, the Prime Minister of Mongolia Norov ALTANKHUYAG made a brief statement regarding the current political and socio-economic situation of Mongolia at the plenary session meeting of the State Great Khural (Parliament) of Mongolia. 

On January 04, the Oxford Business Group (OBG) has released the Report - Mongolia 2012 and InfoMongolia.com is pleased to accept the report shared by the OBG team and to post at our site. 

The mining sector in Mongolia has been developing progressively in recent years, besides tourism is also growing concurrently since air transportation's renovation particularly its building enhancement in Mongolia has been an issue of utmost necessity to be solved instantaneously. 

Mongolian National Chamber of Commerce and Industry released data of all authorized business entities registered in the territory of Mongolia. 

According to Media Releases of Oyu Tolgoi, the company prepares to begin commercial production in 2013, it has taken a major step forward with the completion of the concentrator - the largest and most technologically advanced machine ever built in Mongolia. 

On December 25, 2012, the Board of Directors of the "Erdenes Oyu Tolgoi" LLC held its meeting and appointed Tserenbat SEDVANCHIG as new Executive Director, who was a member of the State Great Khural (Parliament) in 2008-2012.