Number of Tourists Visiting Mongolia Exceeds 430 Thousand
As of August 29, 2023, some 431,130 tourists have visited Mongolia within the frame of the "Visit Mongolia Year", making approximately USD 650 million revenue to the country’s economy.
Mongolia-China-Russia Trade and Investment Forum Under Way
An International Trade and Investment Forum and Exhibition aimed at intensifying regional cooperation along the economic corridor of Mongolia, China, and Russia is being held on August 30-September 3 at the International Convention and Exhibition Center of Erenhot of Inner Mongolia Autonomous Region of the People’s Republic of China.
First Largest Solar Power Plants in Remote Areas
The first-ever largest solar power plant in a remote area of Mongolia is under construction to be completed in December 2023. It is a 10MW Solar power plant in Murun soum of Khuvsgul aimag, the northern province of Mongolia.The Murun 10MW Solar Power Plant is a subproject of the Upscaling Renewable Energy Sector Project being implemented with a grant of USD 14.6 million from the Strategic Climate Fund, USD 6 million from Japan Fund for the Joint Crediting Mechanism, and a loan of USD 40 million from the Asian Development Bank (ADB).
Decisions Made at Cabinet Session
Regulations have been introduced, so that pregnant women, children under 18, and citizens who need to undergo repeated examinations at the medical institution, and other departments within the hospital, would not be required to provide Form 13A.
Zuunburen Soum Farmer Bolortuya Sets Record in Garlic Harvest
The harvesting is in full swing in Selenge aimag, the agrarian region and birthplace of arable farming in Mongolia. D. Bolortuya, a vegetable farmer from Zuunburen soum of Selenge aimag, is one of the 200 farmers in the province.
Ulaanbaatar-Zamin-Uud-Erlian Passenger Trains to Resume Tomorrow
Ulaanbaatar-Zamin-Uud-Erlian passenger train service is to be restored.The train service, which has been at a standstill for three years will start tomorrow or on August 31, 2023. The first train will depart from Ulaanbaatar, Mongolia tomorrow and will reach Erlian Railway Station, China on September 1.
Winter Preparation of Heat Supply System at 90 Percent
Ulaanbaatar Heating Network state-owned JSC transmits heat from four power plants of the capital city to consumers through 370 km thermal lines. In the 2023-2024 heating season, the company will deliver 3,501 kcal of thermal energy to 13,400 buildings and facilities.
Construction Works of Solongo Affordable Housing Projects Launched
The Ministry of Construction and Urban Development, and the Kolon Global Corporation LLC of the Republic of Korea signed a Contract on the Construction Works of Solongo Affordable Housing Complex 1 and Complex 2 Projects in Mongolia yesterday.
Enkhbat Badarch: Business ethics, accountability and diligence must be common values in international business cooperation.
We spoke with Mr. Enkhbat Badarch, Executive Director of Steppe Metal Powder (SMP) LLC, inquiring about the company’s latest business activities.
Deposits in Tugrugs Increases by Three-Four Percent
MNT 12.6 trillion (87.7 percent) of the Tugrug savings are the deposits of citizens, and MNT 1.8 trillion (12.3 percent) are the depositsof enterprises and organizations.
Winter Flight Schedule Approved
Upon discussion of the flight requests submitted by foreign and domestic air transporters, the Civil Aviation Authority of Mongolia (CAAM) approved the Winter Flight Schedule for the period from October, 2023 to March 30, 2024.
In First Half of 2023 Foreign Trade Turnover Amounts USD 11.8 Billion
Total turnover increased by USD 2.6 billion (27.9 percent), export by USD 2.3 billion (42.5 percent), and import by USD 325.6 million (8.2 percent) compared to the same period of the previous year.
Ulaanbaatar Will Issue Capital City Bond
Ulaanbaatar has submitted its application to issue the capital city bond to the Financial Regulation Commission and the Mongolian Stock Exchange for the purpose of raising funds to solve the economic and social problems of Ulaanbaatar.
Minister B. Tulga on Official Visit in Inner Mongolia
The visit of the Minister of Mongolia, Chair of the National Commission of Border Port Recovery B. Tulga is aimed at bringing the trade turnover to USD 20 billion as agreed by the Heads of State of the two countries, as well as making concrete progress on the issue of increasing border port capacity.
Industrial Production Increases by 53.2 Percent
According to the preliminary estimates, the production of the industrial sector in the first seven months of 2023 reached MNT 15.6 trillion, increasing by MNT 5.4 trillion (53.2 percent) compared to the same period of the last year.
Mongolia's Resources and Opportunities to be Combined with Japan's High Technology
Over 100 representatives of the businesses of Japan and more than 400 representatives of the Mongolian business sector participated in the "Mongolia-Japan Business Forum-2023".
L. Munkhbaatar: We Will Fully Support Commissioning of Oil Refinery on Time
Today the Vice-Chairman of the State Great Khural of Mongolia L. Munkhbaatar received the delegation headed by the Ambassador Extraordinary and Plenipotentiary of the Republic of India to Mongolia M.P. Singh.
Tourism Generates MNT 63.6 Billion in Tax Revenue
Mongolian businesses operating in the field of tourism have paid MNT 63.6 billion in taxes as of the first half of this year.
Coal Export Exceeds 2023 Plan
On August 4-10, 1,457.4 thousand tons of coal were exported, making an increase of 76.5 percent compared to the same period last year.