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Innovative Partnership Support Program For SME Development in Mongolia 2018-05-17
Mongolian tech companies penetrate foreign markets Mongolian domestic tech companies has started entering international markets, offering their goods and services. For example, two years ago, Instut LLC, which was founded by Mongolian programmists, introduced their product iRestaurant in Singapore. TungLok Group, Singaporean leading restaurant chain which owns and manages over 35 restaurants in Asia, has started using the iRestaurant in its service. 2018-05-17
Number of mortgage loaners falls drastically Since 2016, number of citizens who received mortgage loan has been decreased drastically. In 2016, over 12 thousand citizens obtained the eight percent mortgage loan. By the end of 2017, the number was decreased three times, to 3.9 thousand. In addition, the amount of financing was also decreased by 46 percent. 2018-05-17
MNCCI announces to leave MEF 2018 if ministers refuse to take part Mongolia Economic Forum – 2018 will take place at the Government House on May 21-22 under the theme “Let’s Unite Our Strength”, the organizers announced yesterday. The forum will touch upon Mongolia’s Development Model and Investment Policy, the fourth industrialization revolution, the Government and Private Sector Partnership and 12 other panel sessions on agriculture, tourism, economic development and decentralization policy, as well as branding, mega projects, pension reform, wealth and resources fund, responsible leadership and digital transition. 2018-05-17
National producers eye luxury market According to a study conducted early this year, about 100 companies were producing clothes, items and souvenirs with a mixture designs of traditional and modern styles in Mongolia, and about 10 percent of them were manufacturing luxury products. Domestic high class brands designed for the target market have been expanding their operations and increasing their sales, the sectoral staffs highlighted. 2018-05-17

EDITOR'S CHOICE

Mongolia ranked Asia's third weakest country According to the Asia Power Index which was released by the Lowy Institute on May 8, Mongolia is ranked 23rd out of 25 countries. The Lowy Institute Asia Power Index is an analytical tool that aims to sharpen the debate on power dynamics in Asia. The Index measures power across 25 countries and territories in the Asia-Pacific region, reaching as far west as Pakistan, as far north as Russia, and as far into the Pacific as Australia, New Zealand and the United States. 2018-05-16

PHOTO NEWS

RARE PHOTOS: Mongolian women in late of the 19th century
Road and Transport Minister visits New Ulaanbaatar International Airport
Air pollution masks came from Mongolian designers'
4th national U.S. alumni conference held
Olympian N.Tuvshinbayar awarded state prize – Chinggis Khaan order

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ASEM 2016

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Mongolia Immigration

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