Featured General Politic Economy Environment International Business Real Estate Mining Culture Sport

MONGOLIA - News

A collection of all the business news concerning Mongolia and its investment environment.

INDUSTRIAL OUTPUT INCREASES

INDUSTRIAL OUTPUT INCREASES

Posted: August 13, 2013 on:

Ulaanbaatar /MONTSAME/ In the first seven months of this year, the total industrial output increased by MNT 104.6 billion or 8.6 percent to MNT 1,318.0 billion (at 2005 constant prices) against the previous year.

 EXTERNAL TRADE HAS DEFICIT

EXTERNAL TRADE HAS DEFICIT

Posted: August 13, 2013 on:

Ulaanbaatar /MONTSAME/ In the first seven months of 2013, Mongolia’s total external trade turnover reached USD 6,038.7 million.

Train accident caused 4 million US dollar loss

Train accident caused 4 million US dollar loss

Posted: August 13, 2013 on:

Yesterday’s accident where a freight train collided with a kamaz vehicle belonging to Esto LLC on the railroad crossing near Sky Resort ski centre caused damage to 200 meters of the rail road. Four people were injured and taken to hospital. Two locomotives were derailed and forced to the sides of the rails and the kamaz vehicle that crossed the train`s path rolled onto it’s roof.

Prophecy Coal clinches coal off-take deals, to restart Russia exports

Prophecy Coal clinches coal off-take deals, to restart Russia exports

Posted: August 13, 2013 on:

Mongolia-focused coal miner Prophecy Coal has inked two binding sale-and-export contracts for 30 000 t of coal its Ulaan Ovoo mine to a buyer in Russia.

Mongolia-Czech business meeting

Mongolia-Czech business meeting

Posted: August 13, 2013 on:

A Mongolia-Czech business meeting will be held in Prague in the Czech Republic on August 26th and 27th to connect businessmen and entrepreneurs and encourage bilateral cooperation.

Former president has gone abroad for treatment

Former president has gone abroad for treatment

Posted: August 13, 2013 on:

Former president, Nambar Enkhbayar, the head of the Mongolian People`s Revolutionary Party (MPRP) left for South Korea for treatment on Tuesday August 13th. The former president, who has been in custody on charges of corruption, asked permission to go abroad for treatment.

 GENERAL GOVERNMENT BUDGET IN STATISTICS

GENERAL GOVERNMENT BUDGET IN STATISTICS

Posted: August 13, 2013 on:

Ulaanbaatar /MONTSAME/ In the first seven months of this year, total equilibrated revenue and grants of the General Government Budget (GGB) amounted to 3,040.0 billion MNT, and total expenditure and net lending amounted to 3,185.7 billion MNT, representing deficit of 145.6 billion in the equilibrated balance of GGB.

 FOREX AUCTION RUNS

FOREX AUCTION RUNS

Posted: August 13, 2013 on:

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BoM) received bid offer of USD 26.5 million and CNY 78.7 million from local commercial banks.

WOMEN WRESTLERS GRAB MEDALS

WOMEN WRESTLERS GRAB MEDALS

Posted: August 13, 2013 on:

Ulaanbaatar /MONTSAME/ Our wrestlers won medals in the 17th Poland Open Tournament for freestyle wrestling held on August 10-11 in Spala city, Poland.

MINISTERS REPORT ABOUT GREAT CONSTRUCTION WORKS

MINISTERS REPORT ABOUT GREAT CONSTRUCTION WORKS

Posted: August 13, 2013 on:

Ulaanbaatar /MONTSAME/ Decisions on intensifying the great construction works and on increasing the capacity of the Zamyn-Uud economic free-zone are being fulfilled, the Minister of Economic Development N.Batbayar said at the “Time of Great Construction Works” meeting on Monday.

Real Estate Mongolia

M.A.D Investment Solutions Office

Sukhbaatar District, 4th Khoroo
Building no 67, Unit 1&2.
Ulaanbaatar, Mongolia

Tel: +976 11 312 500 (Office)
Tel: +976 95 853 377 (English)
Tel: +976 99 770 439 (Mongolian)
Email : info@mad-mongolia.com

Website design and contents copyright @ M.A.D. Investment Solutions 2009 - 2012 - All rights reserved. Disclaimer