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.
Mongolian Mining Week 2023 Forum
A major forum of the mineral sector, "Mongolian Mining Week 2023" will be held for the second year in Ulaanbaatar on October 9-13.
In First Half of 2023 Erdenet Plant Processes 19.5 Million Tons of Ore
In the first half of this year, Erdenet Plant, the state-owned enterprise fulfilled the plan of the main productions by up to 113.9 percent, highlighted General Director G. Yondon, when he presented the activity report of Erdenet Plant to the Management and Board of Directors of Erdenes Mongolia LLC.
Mongolia-Japan Business Forum 2023
Mongolia-Japan Business Forum on August 18 will discuss business and cooperation opportunities between the two sides. The Japanese International Cooperation Organization JICA will present the projects implemented in Mongolia and the future trend of private sector partnerships.
Companies Listed on Stock Exchange Presenting Reports
Joint-stock companies listed in the categories I and II of the Mongolian Stock Exchange have begun to publicly present their activity reports for the first half of this year.
"Erdenes Tavantolgoi" JSC Sold 15 Million Tons of Coal
As of August 8, "Erdenes Tavantolgoi" JSC has sold 15 million tons of coal. The company reported that this figure is the highest sales in the company's history.
First B787-9 Dreamliner for Operating Lease to Land Soon
In May 2023, MIAT State-owned JSC and AerCap company signed an agreement for the long-term operating lease of two Boeing 787-9 Dreamliners.
Mongolian Mutton Store in Dubai
The largest food shopping center in Dubai of the United Arab Emirates has started selling Mongolian mutton.
"Mongolian Mining Week" to Take Place for the Second Time
The Ministry of Mining and Heavy Industry, in collaboration with the Mongolian National Mining Association, will organize “Mongolian Mining Week - 2023” on October 9-13, 2023. The event, to take place for the second year, aims to attract foreign investments.
Currency Swap Agreement Renewed with the People’s Bank of China
The Bank of Mongolia and the People's Bank of China have renewed the bilateral currency swap agreement of RMB 15 billion/MNT 7.25 trillion.
National Chamber of Mongolia to Cooperate with Yantai City of China
The Mongolian National Chamber of Commerce and Industry and the Federation of Industry and Commerce of the coastal city of Yantai in East China's Shandong province have signed a memorandum of cooperation.
European Union Financing 33 Projects
The European Union is financing and implementing 33 projects in the priority directions of green sustainable development, democracy and economic development in Mongolia.
"XacBank" LLC Issues Securities on the Stock Exchange
"XacBank" LLC, which issued securities on the stock exchange, presented its report on the use of funds collected from the public.The company, whose shares were traded on May 29 of this year after conducting an IPO in the stock market, collected MNT 35.7 billion.
Northeastern Chinese Companies Seeking Cooperation Opportunities in Mongolia
A large group of representatives of Yantai city administration and business communities of Shandong province of China has arrived in our country.
Monthly Average Exchange Rate of MNT Against USD 3438.26
According to the social and economic statistics presented by the National Statistics Office of Mongolia, the total production of the industrial sector in the first half of this year equaled MNT 13.2 trillion.
B.Lkhagvasuren: Central Bank will Fully Support Enhancing Foreign Investment
After the successful IPOs of five major commercial banks, the Governor of the Bank of Mongolia, Lhagvasuren Byadran has been interviewed about the investment environment in the banking and financial sector.
Investors Are Looking for Political and Economic Stability
We say at the EBRD that the Mongolian economy will grow at 7.2 percent this year, and the next year 7.5 percent. This is the EBRD forecast, which is above everybody else.
Ashok Lavasa: PPPs Can Actively Support Energy Transition
Asian Development Bank Vice President for Market Solutions Ashok Lavasa delivered a keynote remark at Mongolia Economic Forum- 2023 on 9 July. In his keynote remark, he emphasized the importance of developing the enabling environment for private sector participation and expanding private sector financing to meet growing investment needs for inclusive growth and climate action. Below are some highlights from his speech.
This July Number of Passengers Totals 108,929 on 1077 Flights
"Chinggis Khaan" International Airport served 86,815 passengers on 595 international flights on July 1-16. As for local flights, 22,114 passengers were served on 340 local routes.