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Business trust index 2016 revealed www.en.montsame.mn
Ulaanbaatar /MONTSAME/ Mongolian National Chamber of Commerce and Industry conducted its annual survey titled ‘Business trust index – 2016’ to find that about 40 percent of Mongolian businesses are unsure about intensifying their activities.
On February 9, Thursday, the National Chamber of Commerce and Industry presented the results of their survey at its building. The survey shows that expectations for improvement of business environment have been in decline since 2010, and the expectations increase in election years.
Since 2005, the survey has been conducted annually to determine the general outlook of Mongolian business environment, find the expectations of Mongolian business people, and identify the contributing factors.
The latest survey took place through interviews with business people from Ulaanbaatar and rural areas and online form, involving 862 individuals.
M.Sarandavaa, Deputy Director of the National Chamber of Commerce and Industry said, “About 40 percent of the participants of our survey are unsure about intensifying their business activities. 74.1 percent answered that they won’t expand their businesses next year”.
Published Date:2017-02-10
