News Release
Mongolia Economic News
Wed, 23 Jan 2013 08:01:23 +0000 |
By B.KHASH-ERDENE The Minister of Mining, D.Gankhuyag, has submitted to the Speaker of Parliament Z.Enkhbold proposals to make changes to the Special Approval for Industry and Enterprises Operations Law, and to the law concerning …
Mon, 21 Jan 2013 08:23:53 +0000 |
By B.KHASH-ERDENE To discuss the much criticised and publicised draft Mineral Resource Law, senior advisor to the presidents, P. Tsagaan initiated the discussion held yesterday morning at the president?s civil hall. The forum was …
Sun, 20 Jan 2013 08:30:36 +0000 |
By B.KHASH-ERDENE The National Statistical Office of Mongolia released their preliminary socio economic situation evaluation on Monday. The following are their findings. According to the preliminary estimates, GDP by production ap…
Wed, 16 Jan 2013 11:19:25 +0000 |
By B.KHASH-ERDENE The Index of Economic Freedom 2013 was published by The Wall Street Journal and The Heritage Foundation and Mongolia scored 61.7, which makes it the 75th economy out of 177 countries evaluated. This is a slight i…
Mon, 14 Jan 2013 07:27:27 +0000 |
By B.KHASH-ERDENE During harsh winters and spring where blizzards occur, the capital city experiences a shortage of meat which jumps meat prices to the sky. To prevent this, meat is stored to ease the meat price fluctuation. Last …
Fri, 11 Jan 2013 10:01:07 +0000 |
By B.KHASH-ERDENE Mongolia?s vast deposits of mineral resource could soon be governed by a resource nationalist regulatory framework, if a new draft of the country?s Minerals Law is passed in its current form, says Mongolia?s larg…
Wed, 09 Jan 2013 08:19:56 +0000 |
By B.KHASH-ERDENE Currently, the mongolian government has 6.7 trillion MNT in debt. In the last twenty years, the government has lent around three trillion MNT. On June 2012, the Development Bank released bonds worth 580 million U…
Mon, 07 Jan 2013 05:20:31 +0000 |
By B.KHASH-ERDENE Mongolia is expected to be the second fastest growing economy in the world with 13.5 percent GDP rise in 2013, according to the latest estimations by the Economist Intelligence Unit (EIU). EIU is an independent b…
Sun, 06 Jan 2013 04:36:07 +0000 |
By B.KHASH-ERDENE When the New Year started, fuel importer Magnai Trade increased their retail price by 50 MNT in addition to the previous increase of 50 MNT. Just few days before this, the head of the Fair Competition and Consume…
Thu, 27 Dec 2012 05:53:34 +0000 |
By B.KHASH-ERDENE The Fair Competition and Consumer Protection Authority announced on Monday that the fuel prices are going to increase by 50 MNT, this despite the soft loans issued by the Mongolbank to stabilize petroleum prices.…