Business & Economy

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Price dispute delays construction of gas pipeline from Russia to China

Construction of two gas pipelines
on the borders of Mongolia may be postponed due to the high gas price
Russia is requiring from China. 

Gazprom, the Russian monopoly,
has told China it expects to receive the same...

Tiger Beer brewery expected to create 150 jobs

Tiger Beer comes to MongoliaThe previously announced construction of a Tiger Beer brewery in Mongolia will...

German Economics Minister to discuss joint projects with Mongolia

German Economics Minister Michael
Glos will visit Ulaanbaatur during a four-day visit to Mongolia and

Glos, accompanied by German
business leaders, will discuss opportunities in assisting in the development...

World Bank program to assist Mongolian women in business

Mongolian women are to be included
in a program by the World Bank to assist women in their business ventures. 

Meeting in Accra, officials
said Mongolian women would be able to seek assistance through the newly

At 7.5%, Mongolia leads in economic growth, according to international bank

Mongolia recorded the fastest
economic growth among those countries working with the European Bank
for Reconstruction and Development, according to a statement released

Mongolia’s 2006 growth was...

South Korean train may provide service in Mongolia

A proposed South Korean rail
line would offer travel and freight services to Mongolia as it travels
on to Russia and Europe. 

The train line ended service
from South Korea during the 1950-1953 Korean War and...

Recently released figures show tourism is booming

Government figures show 385,000
tourists came to Mongoila in 2006, an increase of nearly 14 percent
over 2005. Additionally, The Mongolian Department of Tourism is predicting
as many as 450,000 tourists will arrive in 2007....

Mongolia participates in East Asia conference on business competition

Mongolian officials gave a
formal presentation at this spring’s 4th East Asia Conference on Competition
Law and Policy held in Hanoi. 

The theme of the meetings revolved
around establishing mechanisms to...

Cell phones to link 180 rural Mongolian communities by year-end

Mongolia Web News, Ulaanbaatar. A Mongolian herder is 80 kilometers
from his home when his cell phone rings and he hears his children demand
that the herder resolve an argument they are having at home. Or a herder
is tired and...

Baltika beer expected on Mongolian store shelves in May

Mongolian consumers will find
a new beer on their store shelves as early as this May.  

Russia’s largest brewery,
Baltika, has announced it will begin distributing its beer in Mongolia
within weeks. The beer...

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