Mongolia Articles & Analysis

Report | The Report: Mongolia 2015

Given the significant foreign direct investment needed to achieve its development goals, Mongolia has strong motivation to improve its attractiveness to investors. The government is therefore adjusting its policies, while new laws are expected to gradually reinvigorate foreign investment flows.

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Articles & Analysis | Mongolia builds new partnerships in trade and investment, with China and Russia and beyond from The Report: Mongolia 2015

 

Highly dependent on trade and investment yet beset by policy inconsistences and several project halts in 2013, Mongolia has sought to regain investor confidence through a raft of pro-FDI legislation and by courting better relations with countries beyond its two traditional trade partners, Russia and China. As state agencies settle into new...

Articles & Analysis | An impressive international art sale in Mongolia highlights the country's fine art from The Report: Mongolia 2015

 

When the venerable auction house Sotheby’s put a “very rare and important gilt bronze figure” up for auction in early December 2014 despite protests by the Mongolian government – including a strongly worded letter from the country’s minister of culture, L. Gantumur, claiming that the artwork had been obtained illegally from Mongolia – few...

Articles & Analysis | Visitors may best find the authentic Mongolia in the country's vast rural expanses from The Report: Mongolia 2015

 

Despite increasingly cosmopolitan dining, nightlife and shopping scenes in the county’s capital Ulaanbaatar, Mongolia’s real draw lies in its countryside. With its rolling grasslands, crystal-clear lakes, weathered peaks, authentic nomadic lifestyle and roaming herds of sheep, goats, horses and other four-legged creatures, even the most jaded...

Articles & Analysis | Useful information for visitors to Mongolia from The Report: Mongolia 2015

 

ETIQUETTE: A handshake usually accompanies a first introduction in a business setting and is used both as a greeting and farewell. Although people in urban centres are less strict about local customs when greeting, it is customary and seen as a sign of respect to offer things (a business card, pen,...

Articles & Analysis | Listings of good hotels in Mongolia and their amenities from The Report: Mongolia 2015

 

KEMPINSKI HOTEL KHAN PALACE East Cross Road, Peace Avenue Bayanzurkh district, Ulaanbaatar T: (+976) 1146 3463 F: (+976) 114 63464 reservations.ulaanbaatar@kempinski.com www.kempinski.com/ulaanbaatar Rooms: 27 superior rooms, 66 deluxe rooms, 4 junior suites, 4 executive suites and a presidential suite. Business & Conference: Altai...

Interviews & Viewpoints | Commitment to growth: David Beckstead, Foreign Legal Consultant at Lehman, Lee & Xu, on reviving Mongolia’s appeal as an investment destination from The Report: Mongolia 2015

Throughout 2014 there was a continuation of the drastic decline of foreign direct investment (FDI) in Mongolia, a shift that began in early 2013. With global commodity prices remaining low, and the dispute between the Mongolian government and Rio Tinto over the Oyu Tolgoi copper and gold mine ongoing, an economic recovery does not seem likely in the...