Economy
Neil Saker: Mongolia should increase personal development investments
Central bank of Mongolia developed the ‘Ulaanbaatar consonance’ project to develop mid and long term policies on ensuring Mongolia’s economic growth. The forum was organized by the Bank of Mongolia in order to include the suggestions from banks and financial organizations in the project.  
2677天
Tavan Tolgoi JSC gained MNT 141 billion profit in 2017
Tavan Tolgoi JSC released 2017 financial report Mongolian Stock Exchange.  
2677天
Businessmen want stable legal environment
Minister of Mongolia, the Head of the Cabinet Secretariat, G.Zandanshatar participated in a regular monthly meeting of CEO club of Mongolia.
2681天
Wheat incentive determined at MNT 50-60 thousand per ton
The Cabinet on February 6 resolved to reward wheat supply to domestic flour factories, Crop Farming Support Fund and government reserve fund.
2682天
Civil servants salaries to be increased next year
An International Monetary Fund's working group evaluated the implementation progress of the IMF's Extended Fund Facility in Mongolia for the third time.
2682天
Cabinet adopts program to boost cashmere industry
The Cabinet on February 6 adopted a program titled ‘Cashmere’ to boost the cashmere industry.
2682天
Positive changes emerge in economy
According to the review of implementation of the third phase of the IMF's Extended Fund Facility, Mongolia's economic growth was higher than expected, reported Geoff Gottlieb, head of IMF's working group. 
2683天
Bank of Mongolia to introduce G20 High Level Principles on Financial Consumer Protection
The Bank of Mongolia is introducing 11 principles of G20 High Level Principles on Financial Consumer Protection developed by Organization for Economic Co-operation and Development (OECD).  
2684天
The UK Export Finance increases its assistance to Mongolia
The UK Export Finance raised the volume of its trade-related assistance for Mongolia up to GBP 200 million. Thereby, the agency has admitted the financing with national currency, allowing transactions in MNT. This will enable the purchase of British products and services in MNT.
2684天
Mongolbank’s gold purchase increases
The Bank of Mongolia purchased 1,128 kg gold in January this year, which is 46.5 percent higher than the same period of last year.
2684天
Parliament approves bill on income tax
During its regular plenary meeting on February 2, the Parliament approved the amendments to the Law on Personal Income Tax with 65.9 percent vote.
2687天
Fitch expects to rate MAK, proposed bonds 'CCC+(EXP)'
Fitch Ratings expects to assign Mongolia-based coal mining company Mongolyn Alt (MAK) LLC a Long-Term Issuer Default Rating (IDR) of 'CCC+(EXP)'. Fitch has also assigned the company's proposed US dollar senior unsecured notes an expected rating of 'CCC+(EXP)' with a Recovery Rating of 'RR4'.
2687天
Future prospect of gold mining sector to be discussed
Forum ‘Mongolia gold - 2018’ will be organized at the Corporate Convention Center on March 15-16.
2687天
Mongolia received 'Asia's best investment attractor' award
Finance Asia and the Asset, Asian financial publications 2017 Awards granting ceremony was held in Hong Kong. Mongolia has won “Asia’s best investment attractor” award, the Khuraldai bond won “Mongolia’s best deal in 2017” award by Finance Asia magazine and “Best Government bond in 2017” award by The Asset magazine.  
2687天
Domestic enterprises seeking ways to enter into global market
A forum titled ‘Export Mongolia -2018’ took place at the Conference Hall of the Corporate Hotel on February 01. This year, the forum focused on increasing export of value-added products except mining products and establishing central network of foreign trade.
2687天
New airway to be opened between Mongolia and China
The agreement on opening new air door between Mongolia and China was reached during the official visit of the Minister of Road and Transport Development to People’s Republic of China.
2688天
Bank of Mongolia purchases 1.1 tons of gold in January
As of January, 2018, the Bank of Mongolia purchased 1,128 tons of gold, an increase by 338kg or 46.5 per cent compared to the same period of previous year.
2688天
Industrialization 21:100 program adopted
The Cabinet on Wednesday adopted a program named ‘Industrialization 21:100’ along with the locations and types of factories to be established within the program.
2688天
79 percent of foreign direct investment made in mining sector
As a performance of 2017, financial account balance reached profit of USD 2.4 billion with an influence of inward investment package.
2690天
Infrastructure works worth MNT 400 billion in store for Ulaanbaatar
Ulaanbaatar Mayor’s Office and the Ulaanbaatar Chamber of Commerce are organizing the 4th Ulaanbaatar Investment business meeting today in the State House.
2691天
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