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To the 50th Anniversary of Establishment of diplomatic relations between Mongolia and Germany
Sports
Art & Culture
Economy
Erdenet Mining Corporation makes huge technical reforms for its 41st anniversary
Orkhon /MONTSAME/. Mongolian state-owned enterprise Erdenet Mining Corporation (EMC) celebrated the 41st anniversary on December 14, last Saturday. The EMC, one of the largest copper ore mining and processing factory opened on December 14, 1879 to export its first copper molybdenum to exports.
1595 days
USA to give support for Mongolia on FATF compliance
Ulaanbaatar /MONTSAME/. On December 13, Governor of the Bank of Mongolia B.Lkhagvasuren met with Assistant Secretary for Terrorist Financing in the United States Department of the Treasury Marshall Billingslea.
1595 days
Oyu Tolgoi announces Shaft 2 construction completion
Ulaanbaatar /MONTSAME/. On December 13, today, Oyu Tolgoi LLC celebrated the completion of Shaft 2 of the world-class OT underground project, which is a significant milestone for the project.
1598 days
422.6 million pieces of securities traded at national stock market in the first 11 months
In the first 11 months of 2019, 422.6 million pieces of securities worth of MNT156.7 billion were traded at the national stock market, which was decreased by MNT 79.8 billion (33.7%) compared to the same period of previous year. The number of traded securities decreased by 89.9 million pieces (17.5%) compared to the same period of previous year.
1598 days
National currency in circulation shows 1.6 percent decrease at the end of November
The money supply (broad money or M2) reached MNT 20.4 trillion at the end of November 2019, showing a decrease of MNT 24.2 billion (0.1%) from the previous month, while it was increased by MNT 1.8 trillion (9.6%) from the same period of previous year.
1598 days
Revenue from railway transport increases by 15 percent
As of first 11 months of this year, 25.6 million tons of freight and duplicated number of 2.7 million passengers were carried by railroad transport. Compared with the same period of the previous year, the carried freight increased by 9.2 percent and number of carried passengers increased by 14.7 percent. Moreover, revenue from railway transport reached MNT 646.3 billion as of first 11 months of 2019 which shows the increase of 15.3 percent.
1598 days
Budget revenue amounted to MNT9.7 trillion
In the first 11 months of 2019, total equilibrated revenue and grants of the General government budget amounted to MNT 9.7 trillion and total expenditure and net lending amounted to MNT 9.2 trillion, resulting a surplus of MNT 486.7 billion in the equilibrated balance.
1599 days
Imports increase by USD53.5 mln against previous month
In the first 11 months of 2019, Mongolia traded with 150 countries from all over the world and total trade turnover reached USD 12.6 billion, of which USD 7.1 billion were exports and USD 5.6 billion were imports.
1599 days
Sales of industrial production increase by MNT1.9 trillion in the first 11 months of 2019
In the first 11 months of 2019, the gross industrial output reached MNT 16.0 trillion, showing an increase of MNT 1.8 trillion (12.8%) from the same period of previous year.
1599 days
Gobi Cashmere launches de.gobicashmere.com for the German customers
The Gobi Corporation, which introduces Mongolian cashmere products to the world, officially launched its online store (de.gobicashmere.com) for the German customers on December 6.
1600 days
One shaft of Asgat silver deposit opened up
Ulaanbaatar /MONTSAME/. A special license of exploitation of the Asgat silver deposit has been transferred to Erdenes Mongol LLC state owned company upon the government resolution of 16 January 2019. Now the company has been working to put the deposit into economic circulation, launching the collection of sampling and technical renovation works in cooperation with the Mongolian emergency management officers.
1600 days
10 Mongolian companies selected to export in the U.S. market
10 Mongolian companies that will export products to the U.S. market have been selected.
1600 days
34.8 million tons of coal exported
According to first eleven months of 2019, Mongolia’s profit of coal export increased by USD 326.8 million dollars and profit of iron ore increased by USD 211.7 million which contributed the trade balance to be profitable.
1601 days
Mongolia’s initiative for group of LLDCs in WTO introduced
S.Sukhbold, Ambassador and Permanent Representative of Mongolia to the United Nations took part in a session on trade facilitation held in New York on December 6.
1601 days
Tourism business owners of Mongolia and Turkey convene in Istanbul
A business forum for the Mongolia-Turkey tourism sector took place at Foreign Economic Relations Board of Turkey (DEİK) in Istanbul, Turkey on December 6.
1602 days
Mongolian delegates attending Silk Road business summit
The first Silk Road Business Summit is taking place in Zhangjiajie city, China.
1602 days
Meat exports to China to grow
Ulaanbaatar /MONTSAME/. An examination team on veterinary and quarantine of China is working in Mongolia this week to get familiarize with factories of heat processing meat for exports and hold talks with the Mongolian side on meat export growth.
1602 days
Business delegation of city of Oryol visiting Mongolia
Business delegation of the city of Oryol of the Russian Federation yesterday held a meeting with Mongolian business owners at Sky Plaza Center.
1605 days
Mongolia-Vietnam intergovernmental commission meeting held
On December 3-6, the 17th meeting of the Mongolia-Vietnam intergovernmental commission on trade, economic, scientific, and technical cooperation took place in Hanoi, Vietnam.
1605 days
Prime Minister meets Chairman of EEC Board
Prime Minister of Mongolia U.Khurelsukh met with Chairman of the Board of the Eurasian Economic Commission (EEC) Tigran Sargsyan in Moscow, Russia on December 4.
1605 days
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