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Home » Business Environment You are browsing entries filed in “Business Environment”

Media and Journalism

Media and Journalism

Over the centuries, the Mongols accumulated a wealth of practical knowledge and a rich cultural heritage involving the writing and printing of books. The new progressive trend of publishing periodicals came into being in Mongolia more than 100 years ago. At the end of the 19th century, Buriad p.A.Badmayev published the first Mongolian language newspaper [...]

October 21st, 2007 | Posted in Business Environment | Read More »

Press Freedom in Mongolia

Press Freedom in Mongolia

At present there is no state control or censorship of the newspaper and periodical press in Mongolia. 1998 Law of Freedom of the Media contains many important provisions, including a requirement that “the state shall not impose control over the contents of public information. Following the adoption of the law the government of Mongolia liberalized [...]

October 21st, 2007 | Posted in Business Environment | Read More »

Private Sector

Private Sector

{mosimage} As a result of successive and decisive policies of the Government, the private sector has become a prevailing sector in the economy since 1995. Due to restructuring and privatization programs the private sector expanded.

October 21st, 2007 | Posted in Business Environment | Read More »

Trade and Investment

Trade and Investment

Foreign trade is an important sector of the country's economy . The main partners for export and import are the USA, Germany, Italy, Great Britain, Canada, Japan, Russia, China, Republic of Korea, Switzerland, Singapore and others.

October 21st, 2007 | Posted in Business Environment | Read More »

Taxation

Taxation

The fiscal federalism of Mongolia composes a two tier system as its banking sector, namely, central and local government levels.The intergovernmental transfer system, from the central to the local governments.

October 21st, 2007 | Posted in Business Environment | Read More »

Financial Sector Development

Financial Sector Development

Sixteen commercial banks, more than eighty non-banking financial in­stitutions, around 200 savings and credit cooperatives, 34 broker and security firms, four leasing compa­nies, and sixteen insurance compa­nies are active in the financial sector.

October 21st, 2007 | Posted in Business Environment | Read More »

Transport

Transport

The organizational structure and line of activities of the Ministry of Road, Transport and Tourism of Mongolia includes all modes of transportation such as road, railway, air and maritime transport which take major part in its ultimate goal to develop an infrastructure network that is able to sustain  economic growth of the country.

October 21st, 2007 | Posted in Business Environment | Read More »

Road Transport

Road Transport

The road transport sector has started its history since 1920’s and played an important role in the transport sector of the country whereas other means of transport were not sufficiently providing countrywide service. In 1990’s there were 15 major entities with a fleet of 300-1000 vehicles for intercity transport and over 20 local entities carrying [...]

October 21st, 2007 | Posted in Business Environment | Read More »

Railway

Railway

Mongolian railway was set up in 1949 and since then it has being run by Mongolian and Russian shareholders’ joint venture. The main railway line runs along a corridor between Sukhbaatar and Zamiin Uud and, Ereen Tsav and Choibalsan which are considered to be  international routes. 

October 21st, 2007 | Posted in Business Environment | Read More »

Civil Aviation

Civil Aviation

The security of civil aviation services by air companies, coordination policy of functions, air navigations and the airport services are assured and taken by The Government Implementing Agency – the Civil Aviation  Authority. In the result of policy measures taken for improving air navigation services to line up with the international standards,

October 21st, 2007 | Posted in Business Environment | Read More »