Statement of "Badrakh Energy"
On April 10 and 13. 2023, NGOs Forum Asia, and Center for Human Rights and Development organized press conferences respectively in Ulaanbaatar and Sainshand cities, presenting the results of their so-called “Dreams Fading into Dust” Assessment, conducted in 2022 in Dalanjargalan, Khatanbulag and Ulaanbadrakh soums of Dornogovi aimag.
The President Visits National Factories
With the "Food Revolution", we are aiming to fully meet our domestic needs of 19 staple food products, enabling domestic producers in the next 5 years, create an animal disease-free zone and further become a food exporting country.
British Trade Envoy Visits Steppe Metal Powder
Mr. Philip Malone, Ambassador of the United Kingdom of Great Britain and Northern Ireland to Mongolia, Mr. Daniel Kawczynski, UK Prime Minister’s Trade Envoy and MP, and Mr. Elbegsaikhan Ayush, Head of Mining and Infrastructure at the UK Embassy visited Steppe Metal Powder on April 10, 2023.
Chambers of Commerce and Industry of Mongolia, China, and Russia to hold Economic Forum
The parties exchanged their opinions on the participation of representatives of both sides in the forthcoming "XVI Joint Economic Forum of the Chambers of Commerce and Industry of Mongolia, China, and Russia" to be held in Ulaanbaatar on June 8-10 of this year, as well as in the Technical and Scientific Exhibition of Young Engineers and the International Industrial Exhibition "INNOPROM-2023" to be held in Russia.
Bulgan Aimag to Plant 1.9 Million Trees in 2023
The Governor of the Bulgan aimag has approved an action plan to plant 1.9 million trees throughout the aimag in 2023 within the confines of the “One Billion Trees” National Campaign.
Mongolian Chamber of Commerce to the EU Opened
The Mongolian Chamber of Commerce to the EU has been opened in Brussels, marking a new phase in business ties between Mongolia and Europe.
MNT Starts Strengthening Against USD
For the last 10 days, Mongolian tugrug (MNT) has strengthened against USD by about 7 MNT and showed signs of stabilization.
Mongolia’s Growth to Rise in 2023 Before Accelerating in 2024 - ADB
The Asian Development Bank (ADB) launched their flagship publication “Asian Development Outlook" on 4 April.
Real-Time Digital Simulator Starts Operating
Today, Real-Time Digital Simulator (RTDS), designed for non-stop monitoring and analysis of all modes of the integrated power system has started operating as JICA has handed over the equipment to the National Dispatching Center, state-owned joint stock company. Chief Representative of JICA Mongolia Office Mr. Tanaka Shinichi, and Executive director of the Center, G. Balzhinjam signed the handover document.
ADB to Promote Green Regional Development
The Asian Development Bank has approved an investment program of USD 448 million to support green and inclusive development of Mongolia's aimags and soums. According to the ADB, this Investment Program for regionalized "Green Development" of aimags and soums will promote a transformative model for green territorial development and urban-rural linkages.
Export Increases by 8.2 Percent
According to the National Statistics Office of Mongolia, in the first two months of 2023, Mongolia traded with 118 countries from all over the world.
Companies Spend the Raised Capital on Expanding Their Operations
Companies that have issued shares and bonds must report to the Mongolian Stock Exchange (MSE) the spending of their capital, raised through selling their shares, on an annual and semi-annual basis.
Banks Have Enough Equity to Sustain the Main Economic Sectors
Mongolian Bankers’ Association held a press conference on March 28.
The First Thermal Coal E-Auction Held
According to the Mongolian Stock Exchange, "Erdenes Tavantolgoi" JSC's first thermal coal e-auction was organized on March 24.
Mongolia-Russia Business Forum Held in Ulaanbaatar
Russia has exported goods worth USD 2.6 billion to Mongolia, while Mongolian export to Russia has amounted to around USD 91.6 million.
EU to Continue Its Project to Support SME in Mongolia
The European Union has decided to continue its project to support SMEs in Mongolia with the financing of another EUR 11 million.
Mongolia-China Business Forum in Ulaanbaatar
Sustainable Investment Summit 2023 or Mongolia-China Business Forum was launched on March 16, in Ulaanbaatar.
Producers Appreciate Government Policy to Support National Food Industry
Within the framework of the ‘Food Supply and Safety’ national campaign President of Mongolia Ukhnaagiin Khurelsukh today visited Central Express CVS JSC food processing plant, "Shine Gantig" LLC, packaging company and "Trust Trade" LLC, meat processing company.
Monetary Policy Statement
The Monetary Policy Committee of the Bank of Mongolia (MPC) held its scheduled meetings on March 14 and 15, 2023.