PM U.Khurelsukh visits MAK's cement and block plants
Today, Prime Minister U.Khurelsukh got familiarized with activity of Euro block factory of MAK LLC in Sergelen soum of Tuv aimag.
Freight and passenger transport in increase
In the first 9 months of 2018, 50.2 million tons of freight and 147.3 million passengers (double counting) were carried in total by all type of transport.
Tax revenue increases by MNT1.4 trillion
In the first 9 months of 2018, total equilibrated revenue and grants of the General Government Budget reached MNT 6.5 trillion and total expenditure and net lending amounted to MNT 6.3 trillion.
Digital signature introduced in banking sector
On October 10, Deputy Governor of the Bank of Mongolia (BoM) B.Lkhagvasuren received the first e-token for the digital signature system from Tridum e-Security LLC, which carried out a project on digitizing financial services in Mongolia and introduced digital signature system under the launch of Digital Payment campaign, running between October 10 and December 10.
Confederation of Trade Unions demands urgent measures against increase in petrol price
The Confederation of Mongolian Trade Unions (CMTU) demands urgent measures against the increase in petrol price and announces their suggestion of establishing ‘Risk Fund’ and making additional changes to tax laws.
Major Czech companies take part in ‘Expo Mongolia-2018’
‘Expo Mongolia-2018’ international trade fair opened at the Misheel Expo center on October 9. The 6th ‘Expo Mongolia’ is being held under the motto ‘Connecting leading technologies with investments’.
E-commerce to be developed
‘MEC’ Corporation and Ard Financial Group established a cooperation agreement on e-commerce development on September 28. Thus, the project will be financed by the Ard Financial Group, Mongol Post JSC will be responsible for infrastructure and transportation and MEC Corporation for the technology.
Expo Mongolia 2018 to take place
The 6th ‘Expo Mongolia 2018’ Multi-Sector and Mining Trade Fair and Conference will take place between October 9-11 in at Misheel Expo center.
Prime Minister U.Khurelsukh working in farming regions
Prime Minister U.Khurelsukh is on working trip to Tuv, Darkhan-Uul and Selenge aimags. Today morning, the PM got acquainted with the crop harvesting process of ‘Uguuj sumber’ LLC operating in Tuv aimag.
Mongolian-made electric buses in public transport service
A ribbon cutting ceremony for handing over two electric buses named MON-30 took place on October 5.
Mongolian-German Corporate Days 2018 to be held
The annual Mongolian-German Corporate Days will take place at Misheel Expo Center on October 9-11.
Trade and Economic Mission of Kazakhstan to Mongolia takes place
The National Chamber of Commerce and Industry, the Foreign Trade Chamber of the Republic of Kazakhstan, the National Chamber of Entrepreneurs of Kazakhstan ‘Atameken’, Ministry of Investment and Development of Kazakhstan and the Embassy of Kazakhstan in Mongolia co-organized an event themed ‘Trade and Economic Mission of Kazakhstan to Mongolia’ on October 4-5.
Hong Kong and New York stock exchanges to be observed for Tavan Tolgoi stock trading
During the Cabinet's regular meeting on October 3, selection of the stock exchange on which the Tavan Tolgoi shares to be traded was discussed. Minister of Mining and Heavy Industry D.Sumiyabazar gave briefing on that matter.
Mongolia’s growth prospects remain robust
‘Navigating Uncertainty’, the October 2018 edition of the World Bank East Asia and Pacific Economic Update was presented today in Ulaanbaatar, Mongolia.
Foreign stock exchange to be chosen to trade shares
The Cabinet held its regular meeting on October 3.
Mining Minister to attend IMARC-2018
Mongolian delegates led by D.Sumiyabazar, Minister of Mining and Heavy Industry, will attend the International Mining and Resources Conference (IMARC-2018) to be held in Melbourne, Australia from October 29 to November 1.
Rosneft to donate EUR 8 million to redevelopment of Khalkhgol soum
Chief of Staff to the President of Mongolia Z.Enkhbold received authorities of Russian Rosneft Public Joint Stock Company, including the First Vice-President Pavel Fedorov, Vice President Otabek Karimov, Vice President Yuri Kalinin, and Chief Geologist Andrey Lazeev on October 2.
Dutch Development Bank Arranges USD 120 million loan to Khan Bank
The Dutch Development Bank FMO arranged a USD 120 million loan to Khan Bank, Mongolia’s leading universal bank. This USD 120 million loan (equivalent to MNT 300 billion) is the largest loan in Khan Bank’s history and will strengthen its strategy to reach out to even the most remote areas of Mongolia.
Minister D.Sumiyabazar: Gold production will become sector to bring in USD1 billion
For his opening remarks at the Gold Forum today, the Mining Minister D.Sumiyabazar has noted that the gold sector will be developed to the point where it brings in over 1 billion USD annually and become one of the pillars that will help meet ‘Sustainable Development 2030 Goals’.