Economy
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.
2745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.
2748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'.
2748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.
2748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.  
2748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.
2748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.
2749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.
2749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.
2749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.
2751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.
2752天
Government to prioritize food and agricultural sectors
Prime Minister U.Khurelsukh emphasized the vital role of private sector in further recovering Mongolian economy during his speech at a Business Breakfast meeting last week.  
2752天
UK Trade Envoy to Mongolia appointed
The United Kingdom Prime Minister Theresa May has appointed a Trade Envoy to Mongolia.
2752天
Mongolian and Chinese commodity exchanges to cooperate
A cooperation agreement has been established between the Mongolian Commodity Exchange (MCE) and the Chinese commodity exchange Bohai Commodity Exchange (BOCE).
2755天
Mining Minister attends World Economic Forum
On January 24, Mining and Heavy Industry Minister D.Sumiyabazar attended the World Economic Forum’s session: Policy meeting of leaders of mining and metallurgy sector, at which he briefed about Mongolia’s state policy on mining sector and actions planned.
2756天
Construction of oil refinery expected to commence this spring
The construction of Mongolia’s first oil refinery will begin in Altanshiree soum of Dornogobi aimag within the second quarter.
2756天
Cabinet zeroes excise tax on some fuel types
The Cabinet decided to zero excise tax imposed on AI-92 and A80 fuels on January 24.
2756天
Northeast Asian EXIM Banks meet in Ulaanbaatar
Under the Greater Tumen Initiative (GTI), the 8th working-level meeting of the Northeast Asian EXIM Banks Association (NEA EBA) was held in Ulaanbaatar on January 23.
2757天
Rio Tinto strengthens presence in Mongolia
Rio Tinto is further strengthening its presence in Mongolia, underscoring its commitment to the country, said a press release issued on January 22.
2759天
Foreign trade turnover reaches USD 10.5 billion
In 2017, Mongolian external total trade turnover increased by USD 2.3 billion or 27.3 per cent compared to the previous year, reaching USD 10.5 billion, of which USD 6.2 billion was from export and USD 4.3 from import.
2762天
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蒙古国，乌兰巴托市，青格尔泰区，巴·吉格吉德扎布街-8，代号-15160，邮箱-1514, info@montsame.gov.mn
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