1 MONGOLIA MARKS CENTENNIAL WITH A NEW COURSE FOR CHANGE WWW.EASTASIAFORUM.ORG PUBLISHED:2024/12/20      2 E-MART OPENS FIFTH STORE IN ULAANBAATAR, MONGOLIA, TARGETING K-FOOD CRAZE WWW.BIZ.CHOSUN.COM PUBLISHED:2024/12/20      3 JAPAN AND MONGOLIA FORGE HISTORIC DEFENSE PACT UNDER THIRD NEIGHBOR STRATEGY WWW.ARMYRECOGNITION.COM  PUBLISHED:2024/12/20      4 CENTRAL BANK LOWERS ECONOMIC GROWTH FORECAST TO 5.2% WWW.UBPOST.MN PUBLISHED:2024/12/20      5 L. OYUN-ERDENE: EVERY CITIZEN WILL RECEIVE 350,000 MNT IN DIVIDENDS WWW.GOGO.MN PUBLISHED:2024/12/20      6 THE BILL TO ELIMINATE THE QUOTA FOR FOREIGN WORKERS IN MONGOLIA HAS BEEN SUBMITTED WWW.GOGO.MN PUBLISHED:2024/12/20      7 THE SECOND NATIONAL ONCOLOGY CENTER TO BE CONSTRUCTED IN ULAANBAATAR WWW.MONTSAME.MN PUBLISHED:2024/12/20      8 GREEN BOND ISSUED FOR WASTE RECYCLING WWW.MONTSAME.MN PUBLISHED:2024/12/19      9 BAGANUUR 50 MW BATTERY STORAGE POWER STATION SUPPLIES ENERGY TO CENTRAL SYSTEM WWW.MONTSAME.MN PUBLISHED:2024/12/19      10 THE PENSION AMOUNT INCREASED BY SIX PERCENT WWW.GOGO.MN PUBLISHED:2024/12/19      КОКС ХИМИЙН ҮЙЛДВЭРИЙН БҮТЭЭН БАЙГУУЛАЛТЫГ ИРЭХ ОНЫ ХОЁРДУГААР УЛИРАЛД ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     "ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК-ИЙН ХУВЬЦАА ЭЗЭМШИГЧ ИРГЭН БҮРД 135 МЯНГАН ТӨГРӨГ ӨНӨӨДӨР ОЛГОНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     ХУРИМТЛАЛЫН САНГИЙН ОРЛОГО 2040 ОНД 38 ИХ НАЯДАД ХҮРЭХ ТӨСӨӨЛӨЛ ГАРСАН WWW.NEWS.MN НИЙТЭЛСЭН:2024/12/20     “ЭРДЭНЭС ОЮУ ТОЛГОЙ” ХХК-ИАС ХЭРЛЭН ТООНО ТӨСЛИЙГ ӨМНӨГОВЬ АЙМАГТ ТАНИЛЦУУЛЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     Л.ОЮУН-ЭРДЭНЭ: ХУРИМТЛАЛЫН САНГААС НЭГ ИРГЭНД 135 МЯНГАН ТӨГРӨГИЙН ХАДГАЛАМЖ ҮҮСЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     “ENTRÉE RESOURCES” 2 ЖИЛ ГАРУЙ ҮРГЭЛЖИЛСЭН АРБИТРЫН МАРГААНД ЯЛАЛТ БАЙГУУЛАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     “ORANO MINING”-ИЙН ГЭРЭЭ БОЛОН ГАШУУНСУХАЙТ-ГАНЦМОД БООМТЫН ТӨСЛИЙН АСУУДЛААР ЗАСГИЙН ГАЗАР ХУРАЛДАЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     АЖИЛЧДЫН САРЫН ГОЛЧ ЦАЛИН III УЛИРЛЫН БАЙДЛААР ₮2 САЯ ОРЧИМ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     PROGRESSIVE EQUITY RESEARCH: 2025 ОН “PETRO MATAD” КОМПАНИД ЭЭЛТЭЙ БАЙХААР БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     2026 ОНЫГ ДУУСТАЛ ГАДААД АЖИЛТНЫ ТОО, ХУВЬ ХЭМЖЭЭГ ХЯЗГААРЛАХГҮЙ БАЙХ ХУУЛИЙН ТӨСӨЛ ӨРГӨН МЭДҮҮЛЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/19    

Category

Events

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

64x64

Gold price approaching record high as Ukraine, inflation risks mount www.mining.com

Gold extended its blistering rally on Tuesday towards an all-time high as investors made a beeline for the haven metal on mounting fears about the Ukraine crisis and rising inflation.
Spot gold surged 3.5% to $2,068.07 an ounce by 12:10 p.m. ET, within touching distance of its peak of $2,072.50 set in August 2020. US gold futures also jumped 4.0% to $2,076.70 an ounce in New York.
“The combination of roaring energy prices, grain prices, base metal prices is culminated in dramatic inflationary pressures that continue to be the major underlying support behind gold moves higher,” David Meger, director of metals trading at High Ridge Futures, said in a Reuters report.
“In addition, we’re seeing significant amount of safe haven bids in the gold market as equity markets have come under pressure due to major concerns on the geopolitical front,” Meger added.
Soaring oil prices and the Ukraine war have slammed appetite for riskier assets. US President Joe Biden announced on Tuesday a ban on Russian oil, with the UK also expected to follow.
Bullion, which has risen nearly 13% this year, is considered a safe store of value during times of geopolitical uncertainty and rising inflation.
Meanwhile, palladium gained another 2.0% after hitting a new high of $3,440.76 an ounce on Monday.
(With files from Reuters)
...


64x64

China reveals new burden for world economy www.rt.com

Sanctions against Russia over its military operation in Ukraine will become a new burden for the world economy, which has not yet recovered from the Covid-19 pandemic, said Chinese President Xi Jinping on Tuesday, RIA Novosti news agency has reported, citing Chinese state broadcaster CCTV.
“Relevant sanctions will affect the stability of global finance, energy supplies, transportation, and supply chains and will further burden the global economy, which has been under the heavy burden of the pandemic, and that is disadvantageous to all parties,” Xi said, speaking at a virtual meeting with French President Emmanuel Macron and German Chancellor Olaf Scholz.
The Chinese leader also added that China, France, and Germany should make efforts to reduce the negative impact of the crisis, and jointly support peace talks between Russia and Ukraine, to prevent the conflict from escalating or “spinning out of control,” RIA Novosti says.
The EU has imposed several rounds of severe sanctions against Russia, targeting the country’s banking and industrial sector, freezing Moscow’s foreign reserves, and causing a mass exodus of foreign businesses from the country.
China has refused to condemn Russia’s actions in Ukraine and has consistently called for a negotiated diplomatic solution to the conflict.
Trade between Russia and China has been booming despite events in Ukraine. According to Chinese customs data released on Monday, the trade turnover between the two countries increased by nearly 39% in the first two months of this year compared to the same period last year, exceeding $26 billion.
...


64x64

Consulate of Mongolia in Chicago officially opens www.montsame.mn

A Consulate of Mongolia in Chicago, U.S. has begun its service from today, March 9. There are more than 30 thousand Mongolian expats in the United States, of whom over 10 thousand Mongolian nationals reside in Chicago.
With aims to provide Mongolians with prompt and efficient public services, last July the State Great Khural of Mongolia passed a resolution to open a Consulate of Mongolia in Chicago. On January 6, State Secretary of the Ministry of Foreign Affairs N.Ankhbayar presented a Consular Patent to Mongolia’s Consul to Chicago T. Battsetseg.
The consular district of the Consulate of Mongolia in Chicago covers the following states - North Dakota, South Dakota, Nebraska, Kansas, Minnesota, Iowa, Missouri, Wisconsin, Illinois, Michigan, Indiana, Ohio, Arkansas, Mississippi, and Louisiana.
Address: Unit: 405, 1111 Plaza Drive, Schaumburg Illinois, 60173
Contact: 312-300-2300
 
 
 
...


64x64

China To Allow Dairy Products from Mongolia www.chinatrademonitor.com

China's Customs recently announced that it will allow dairy imports from Mongolia to enter, as long as they meet the inspection and quarantine requirements. The announcement also specifies all the detailed requirements.

...


64x64

Mongolia reports 161 new daily cases of COVID-19 www.akipress.com

Mongolia confirmed 161 new cases of COVID-19, including 114 cases in Ulaanbaatar and 47 cases in the regions, the country's Ministry of Health reported on Mar 9.
The total number of cases increased to 467 thousand 463.
306 hospitalized patients are in mild condition, 853 are in moderate condition, 130 are in serious condition and 19 are in very serious condition.
No deaths from COVID-19 were recorded per day, the death toll remains at 2,104.
...


64x64

Ulaanbaatar-Moscow and Irkutsk flights indefinitely suspended www.montsame.mn

The Ministry of Road and Transport Development reported that the Russian airline, ‘Aeroflot’, has halted its flights en route Moscow - Ulaanbaatar for an indefinite period.
As Saber Corp. of the U.S. terminated its distribution agreement with Aeroflot, the Russian flag carrier is stopping all of its international flights for an indefinite period from March 9.
Aero Mongolia airline has also announced that its flights to Irkutsk, Russia will be suspended until further notice as the UK-based company is involved in the aircraft’s reinsurance.
...


64x64

Satellite city and special economic zone development discussed www.montsame.mn

Officials of the satellite city and special economic zone development department of the capital city held a meeting with representatives of Korea Trade-Investment Promotion Agency (KOTRA) and a South Korean construction company.
At the meeting, the sides exchanged views the objectives for satellite cities and special economic zones in the Ulaanbaatar Mayor’s action program for 2020-2024, ways to connect logistics centers, and extension of the city’s infrastructure. The Korean side undertook to provide support in developing satellite cities and special economic zones through technical assistance projects of the South Korean government.
KOTRA implements the Knowledge Sharing Program of the government of the Republic of Korea and is currently carrying out a feasibility study into building a logistics center in Altanbulag free zone at the request of the Ministry of Road and Transport Development of Mongolia.
...


64x64

Copper, coal prices hit records, nickel jumps 30% overnight after wild week of trading www.mining.com

During a wild week for markets following the imposition of wide-ranging sanctions on Russia, a number of industrial metals hit all-time highs.
Aluminium scaled $4,000 per tonne for the first time ever and copper exceeded $5 a pound in whipsaw trading on Monday after hitting a record closing high on Friday of $4.94 a pound ($11,885 per tonne).
Nickel prices rocketed more than 20% overnight to surpass $38,000 for the first time since June 2007 and zinc also set a 15 year high at $4,173 a tonne. While lead is clearly the laggard, tin continues to hit records with regularity on its way to $50,000 per tonne.
Australian export metallurgical coal reached $560 a tonne, also an all-time high, as did thermal coal from Newcastle when it topped $400 per tonne. Benchmark iron ore prices advanced 20% over the last week to hit $162 a tonne.
...


64x64

Mongolia reports 189 new cases of COVID-19 www.akipress.com

Mongolia reports 189 new cases of COVID-19, the country's Ministry of Health reports on Tuesday.
91of them were recorded in Ulaanbaatar, 98 in the regions of the country.
No new imported cases of COVID-19 have been reported.
The total number of cases has increased to 467,302.
No new deaths from COVID-19 were recorded in the country per day. The death toll remains 2,104.
...


64x64

Russian government approves list of unfriendly countries www.akipress.com

The Russian government has approved a list of unfriendly countries and territories that commit unfriendly actions against Russia.
This list includes Australia, UK, EU countries, Iceland, Canada, Lichtenstein, Monaco, New Zealand, Norway, South Korea, San Marino, Singapore, United States, Taiwan, Ukraine, Switzerland, Japan.
The government noted that according to this decree, Russian citizens and companies, the state itself, its regions and municipalities that have foreign exchange obligations to foreign creditors from the list of unfriendly countries will be able to pay them in rubles. The new temporary procedure applies to payments exceeding 10 mln rubles per month (or a similar amount in foreign currency).
...


  • Terms of Reference
  • About
  • Contact Us

Managed by: B2BMongolia www.b2bmongolia.com

Events

News

Facebook