Central electric power price will be added from July 1 or morning of tomorrow. It will may jumped by MNT 10-13 due to the Baganuur coal mine is increasing its coal price by MNT 4000. The mine provides the central electric power with the coal.
A reason of increasing the price of the Baganuur is depended on backwardness of technique and technology.
Ardiin erkh
News number: # | Posted: 2009-06-30 09:59:39 | more
Total external trade turnover reaches 1424.4 mln. US dollars
As of June 15, total external trade turnover equaled 1424.4 mln. US dollars, of which export was 646.6 mln. US dollars and import was 777.8 mln. US dollars.
News number: #9475 | Posted: 2009-06-19 15:29:01 | more
Mongolia eyes its own nuclear power plant
Mongolia is hoping to eventually build its own nuclear power plant and has already begun a feasibility study on the project, the head of the country's new Nuclear Energy Agency
News number: #9430 | Posted: 2009-05-29 15:50:37 | more
Canoel Buys Mongolian Oil Exploration Block
Canoel International Energy Ltd. is pleased to announce that the Company has taken a major step in a new direction by entering into
News number: #9337 | Posted: 2009-05-29 15:43:15 | more
Parliament holding back funds to produce fuel-efficient buses for export
Mongolia’s Electric Transport Company and South Korea have been experimenting with a new type of bus engine that uses liquid propane gas instead of diesel and are now preparing for production.
News number: #9335 | Posted: 2009-05-29 15:24:55 | more
Social and economic situation of Mongolia in the first 4 months of 2009
Social indicators
In the first 4 months of 2009, the number of births (live birth) was 22070, an increase of 1886 compared to the same period of the previous year national level, while the number of mothers delivered children was 21990, an increase of 1868, or an increase of 9.3 percent compared with the same period of the previous year. Compared with the same period of the previous year, the number of under-one infant mortality rose to 480 or by 40 infants and the number of maternal deaths increased to 17 or by 10, whereas the number of mortality of children aged between 1-5 years fell to 62 or by 22 children.
At the end of April 2009, the number of unemployed who had registered themselves at Labour and Welfare Service Divisions in aimags and the capital city and were actively looking for job increased to 36.7 thous, an increase of 4769 or by 14.9 percent compared with the same period of the previous year.
News number: #9333 | Posted: 2009-05-20 14:28:50 | more
Mongolia faces US$75 million trade deficit
The General Customs Office reported Mongolia’s external trade deficit reached US$ 75 million on April 15th.
News number: #9282 | Posted: 2009-04-22 14:32:59 | more
ADB: Bold measures are required for foreign direct investment
According to ADB's flagship economic publication, Asian Development Outlook 2009, Mongolia's economy will slow to 3.0 percent in 2009 as a result of a slump in prices for commodities and weak external demand.
News number: #9116 | Posted: 2009-04-15 12:41:27 | more
Mongolian financial market commentary
An Authoritative World Bank economic update and ADB’s flagship Development Outlook both independently confirm the importance of FDI to the Mongolian economy
News number: #9073 | Posted: 2009-04-15 12:26:18 | more
ADB forecasts drop in growth for Mongolia
In its latest released Asian Development Outlook report, the Asian Development Bank has forecast that Mongolia's economic growth will slump to 3 percent in 2009, rising to 4.5 percent next year.
News number: #9067 | Posted: 2009-04-10 13:43:12 | more
Careful optimism reigns at Investment forum
Foreign investors and local decision makers discussed Mongolia’s economic outlook in the face of global economic turmoil during the Mongolia-Asia Investment Forum 2009,
News number: #9048 | Posted: 2009-04-10 12:49:12 | more
Still cautious, World Bank approves of Mongolia's economic actions
The World Bank concluded that strong measures taken by the Mongolian Parliament and Central Bank against the effects of the global financial crisis have helped to improve economic conditions,
News number: #9044 | Posted: 2009-04-10 12:32:13 | more