JCB card fee is 0 for the first year

Special promotion is offered by State Bank of Mongolia (https://www.statebank.mn/w/mn/c1442) to its JCB card subscribers. JCB card owners will: Special discount and offers at the main shopping malls and travel benefits and discounts, special offers. Enjoy special treatment at airport lounges around the world. Access to JCB PLAZA, overseas service counter available at locations around […]

Mongolian Economic Diversification – Role of Business Associations

EBRD Conference on Advocacy, Fundraising and Networking The EBRD/EU Project “Building Effective Business Membership Organisations in Mongolia 2017-2019” organises a conference on Advocacy, Fundraising and Networking Ulaanbaatar/Monday 3 December 2018; The EBRD/EU project “Building Effective Business Membership Organisations in Mongolia 2017-2019”, which currently supports 12 Business Membership Organisations from various sectors, is holding a conference […]

Mongolia: Volatility in cashmere

Unexpected fluctuations in cashmere prices in 2012 have dampened optimism in Mongolia’s textiles sector, despite the introduction of incentives from the government aimed at streamlining the industry. However, industry players say a planned commodities exchange will resolve the issue. After opening at MNT70,000 ($52) per kg in the March-April buying season for the country’s pivotal […]

B.Bataya is re-appointed as the Head of the Mongolian Railway

Today, B.Batzaya, former Head of the Mongolian Railway, was re-appointed by the State Property Committee. He was previously sacked by Mr. Zayabal,  charge de affair of Chairman of the State Property Committee. B.Batzaya sued against this decision and the related court resolved the decision in favour of B.Batzaya. Hence the State Property Committee re-appointed him […]

Mongolia: Shoring up technology gaps

The information and communications technology (ICT) sector has been boosted in recent months by measures to enhance local online content and implement e-bidding systems for investors. However, technological glitches during the elections in June have highlighted issues with internet coverage. On June 22, the country took a step towards increasing Mongolian content on the internet […]