Economy
Mongolian mining representatives to attend PDAC-2019
The 87th PDAC World’s Mineral Exploration and Mining Convention and Expo will be held in Toronto, Canada on March 3-6, 2019.
2354天
Frontclear facilitates a transaction with Development Bank of Mongolia and Societe Generale
Frontclear arranged and structured back-to-back USD/JPY cross-border cross currency swap transactions for the value of USD 30 million with Societe Generale and Development Bank of Mongolia. 
2355天
‘Ard’ online shop launched
In order to deliver its products and services promptly to the citizens and to draw them into its business, Ard Insurance LLC opened its online shop firstly during the ‘Ard shop’ event which was held yesterday. 
2356天
‘Erdenes Tavan Tolgoi’ allocated MNT 480 billion to the state budget
Erdenes Tavan Tolgoi JSC sold a total of 13.5 million tons of coal last year. In 2018, the company’s revenue from sales reached MNT 1.86 trillion, with net profit of MNT 720 billion and MNT 480 billion allocated in the state budget, noted B.Gankhuyag, CEO of Erdenes Tavan Tolgoi JSC.
2356天
Mongolian engineers earned MNT 11 billion from aircraft maintenance
Aircraft Maintenance Department of MIAT Mongolian Airlines obtained a revenue of MNT 11 billion in 2018. The department has repaired 12 foreign airplanes this year. Chief of the Production Planning Division at MIAT J.Chuluunjav noted that the company provided aircraft maintenance services to 62 foreign airplanes since 2014.
2358天
Ownership of Asgat silver deposit to be transferred to Erdenes Mongol LLC
Chief of the Cabinet Secretariat of Government G.Zandanshatar received the executives of Mineral Resources and Petroleum Authority, Erdenes Mongol LLC and Mongolrostsvetmet LLC.
2358天
Cooperation with international organizations in agriculture to be tightened
Within the framework of expansion and development of foreign cooperation in the food and agriculture sector, a number of projects are being implemented by the  in collaboration with donor countries and international organizations.
2358天
E-catalogue for promoting export released
In the frame of the Mongolia Export Development Project, ‘Mongolian exporters-2018’ e-catalogue was created by Mongolian National Chamber of Commerce and Industry (MNCCI). 
2362天
Wooden materials to be exempt from import duties
The Law on Customs Duty Exemption approved on May 10, 2018 took effect from January 1, 2019.
2362天
Over 1 million passengers carried on international flights
The Civil Aviation Authority of Mongolia (MCAA) reports that record-breaking 1.2 million passengers were carried on international flights to and from Mongolia this past year.
2363天
BoM purchases 22 tons of gold
As of December 31, 2018 the Bank of Mongolia (BoM) purchased a total of 22 tons of gold. Compared with the same period of the previous year, the amount of purchased gold increased by 9.5 percent.
2363天
Some 117,499,850 shares traded on December 31, 2018
On December 31, 2018, 117,499,858 shares of 23 firms listed as Tier I, II, and III were traded. 20 companies’ shares increased in price while those of 3 companies decreased. 
2364天
TTPP Power Source Framework Agreement signed
On December 31, the Government of Mongolia and Oyu Tolgoi LLC signed the Power Source Framework Agreement (PSFA), which sets out the pathway for Oyu Tolgoi (OT) to construct the Tavan Tolgoi Power Project (TTPP) and secures a long-term domestic power solution for OT and the wider South Gobi region.
2365天
Renewed MNT 5000 banknotes to be put into circulation next year
Bank of Mongolia (BoM) aims to upgrade level one security features of MNT 5,000, 10,000 and 20,000 banknotes as these are the most counterfeited currencies in Mongolia.
2365天
Inter-bank currency exchange platform developed
The Bank of Mongolia launched Bloomberg L.P., beta version online platform for inter-bank currency exchange from April, 2017 with a purpose to improve infrastructure of currency market, accessibility and information transparency.
2369天
Tavan Tolgoi power plant to be commenced in 2023
At its regular meeting on December 26, the Cabinet supported the agreement with Rio Tinto to construct 300 MW power plant in Tavan Tolgoi. Minister of Energy Ts.Davaasuren gave briefing in this regard.
2370天
Entrepreneur 2018 selects top national entities
Promoting top entities and businesspeople who contribute to the national economy, the Entrepreneur Ceremony took place on December 21, 2018 for the 22nd year in the Mongolian National Chamber of Commerce and Industry (MNCCI).
2372天
ADB grants to transform Ulaanbaatar ger areas into affordable eco-districts
The Asian Development Bank (ADB) and the Government of Mongolia today signed USD53 million in grant agreements to help transform ger areas in Ulaanbaatar into affordable, low-carbon, and climate-resilient eco-districts.
2376天
Wastewater Treatment Improvement Project signed for five additional aimags
The Asian Development Bank (ADB) and the Government of Mongolia today signed a USD20 million loan agreement to expand the scope of ongoing wastewater treatment projects to an additional five provincial centers of Mongolia. 
2376天
Public services of capital city integrated online
Within the framework of increasing quality and accessibility of public service, an integrated online system of capital city public service eservice.ulaanbaatar.mn was put into operation. The system allows reducing procedure time of services and information sharing between the municipal authorities.
2378天
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