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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Economic update | Mongolia’s tourism industry poised for growth

15 Jun 2015

An improving investment climate, supported by a raft of transport infrastructure upgrades, should help to boost Mongolia’s tourism sector this year, with the upper end of the market set to enjoy above-average growth.

Economic update | Mongolian coking coal may heat up

29 May 2015

A shift by Chinese buyers away from foreign suppliers to Mongolian coking coal, combined with increased optimism over a return of foreign investors, may offset the sharp global downturn in both demand for commodities and in coal prices, though it will be some time before the effects of any rebound are felt in the industry.

Interviews & Viewpoints | OBG talks to D. Bolormaa, Former CEO, Bodi Insurance from The Report: Mongolia 2015

 

How has compulsory insurance increased awareness of products amongst the general population? What more can be done to raise awareness?

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 | 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,...