Ulaanbaatar /MONTSAME/ The Ministry of Finance of Mongolia and World Bank launched an Export Development Project on March 24. The project is aimed to help small and medium-sized enterprises in non-minerals sectors to strengthen their export capabilities and boost their access to export markets.
Ulaanbaatar /MONTSAME/ A regular session of the Parliamentary Standing Committee on Security and Foreign Policy’ took place in a closed manner on February 8.
Ulaanbaatar /MONTSAME/ A working group, composed of of representatives from the Department of Mineral Resources and Oil, Authority for Fair Competition and Consumer Protection and relevant agencies is studying to make conclusions on factors of oil retail price growth and define if the price increase was well grounded.
Ulaanbaatar /MONTSAME/ In accordance with the power purchase agreement with Russia, Mongolia imports 1 kW power for MNT 33.548 from Russia, reported the Energy Minister P.Gankhuu during the Parliamentary plenary session.
Ulaanbaatar /MONTSAME/ Land owners-individuals and enterprises in the capital city will get their license extended for 15 years from now on. The Capital city Land Department used to extend land ownership license for 5 years and Mayor of the capital and Governor of Ulaanbaatar city S.Batbold issued an ordinance to make extension term of land ownership license 15 years.
Ulaanbaatar /MONTSAME/ According to the Ministry of Energy, World Bank plans to implement project in energy sector of Mongolia with USD 55.4 million.
Ulaanbaatar /MONTSAME/ Following the new amendments to the law on Value added tax, for the first time, 462 thousand value-added tax payer-individuals have received MNT32.9 billion for reimbursement of up to 20 per cent of VAT.
Ulaanbaatar /MONTSAME/ Every year, Mongolian National Chamber of Commerce and Industry selects 10 best businesses of the year. This year’s award ceremony was held last Friday, February 3, and Uguuj Chiher Boov LLC was presented with the Grand Prix award.
Ulaanbaatar /MONTSAME/ A launching ceremony of Green Gold and Animal Health Project consolidation was held on February 2 with a meeting of national processing enterprises and herders 'cooperatives.
Ulaanbaatar /MONTSAME/ Inflation is projected to remain at low level, said the Bank of Mongolia (BoM) in the Inflation Report as of last December.