Business

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EBRD boosts small business in Mongolia 2017-09-15 16:59

The EBRD is continuing to support micro and small businesses in Mongolia with a loan to microfinance institution, Transcapital. The loan of MNT 6 billion will be provided in the local currency, Mongolian tugrik. Transcapital, the most reputable microfinance institution in the country, has been an..

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Business Forum focuses on introducing Hokkaido technology to Mongolia 2017-09-13 14:30

 The Second Mongolia-Hokkaido Business Forum took place on September 11 in the Consensus hall of the Ministry of Foreign Affairs. Hokkaido Prefecture is considered as the coldest area in Japan, and it’s climate is similar to Mongolia’s. The province has technologies that are suit..

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MIAT Mongolian Airlines prepares for growth with new Amadeus technology 2017-08-07 10:16

Its beautiful landscapes, rich culture and vast natural resources make Mongolia an attractive destination that appeals to tourists and businesses alike. With the new Ulaanbaatar International Airport set to open in May 2018, air connectivity between Mongolia and the rest of the world is ripe for a..

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MIAT Mongolian now serving Australia on codeshare 2017-07-27 14:34

A new carrier code has begun appearing on airport departure and arrival flight displays in Australia: OM. This is MIAT Mongolian Airlines which is now flying to and from Brisbane, Melbourne, Perth and Sydney on codeshare with Cathay Pacific.   Passengers and freight interline at Hong Kong w..

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Mongolia’s DDish TV expands its activity 2017-06-19 17:25

South Korean satellite operator KT Sat inked a pre-launch customer in Mongolia that will lease approximately an eighth of the total capacity on the operator’s next satellite.   KT Sat announced June 14 that DDish TV, Mongolia’s sole direct-to-home television broadcaster, signed ..

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Mongolia, Russia and China businesses meet in Ulaanbaatar 2017-06-16 15:16

The 13th high-level meeting of Chambers of Commerce and Industry of Mongolia, Russia and China is being held in Ulaanbaatar. Over 300 business representatives from the three countries are discussing trilateral trade cooperation and investment and defining their future objectives.   The Mong..

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OPIC, IFC and XacBank supporting women-owned businesses in Mongolia 2017-06-12 15:31

The Overseas Private Investment Corporation (OPIC), IFC (International Finance Corporation), and XacBank LLC has signed a loan agreement to support access to finance in Mongolia for women-owned small and medium sized (SME) businesses.   In Mongolia, while 64 percent of SMEs are women-owned,..

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BCM Summit ‘Regional Connectivity in Asia’ to be held 2017-05-25 10:35

The 2nd annual Business Council of Mongolia (BCM) Summit will be held in Ikh Tenger Complex, Ulaanbaatar city on June 19, 2017 under the theme “Regional Connectivity in Asia” to discuss opportunities in Mongolia to accelerate trade and economic development in Asia.  The 2nd Annua..