Archive for the 'Business Environment' Category Page 2 of 3



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 “Dornod Hyazgaariin Amidral” (Life of the Far East) in the town of Chita, with encouragement from the Tsarist Government of Russia.
At the beginning of the 20th century, Russia, China and Manchu began to publish newspapers for readers in Outer Mongolia in order to expand their influence on the spiritual life of the Mongols, thus giving impetus for the future development of a Mongolian periodical press. In March 1913, the first issue of weekly “Shine Toli Khemeekh Bichig” (New Mirror Magazines) came off the press in Urguu, capital of Mongolia under an agreement between the Russian and Mongolian Governments. Then the first post office unit with 13 staff members was established, with the purpose of distributing the newspaper from the capital city in such remote regional centers as Hiyagt, Khaalgan and Uliyastai. Thus a distribution network for the Mongolian periodical press was put into operation.
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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 a few of newspapers controlled by the State. Since 1990 Mongolia has experiencing great upheavals in the economic, political and cultural spheres. Progress in social freedom has come by the great contribution of mass media organs.Mass media has a special role to play, not only by acting as the guardian of the truth, but also by leading the discussion on the main items of the national agenda. Recent years lave witnessed an increase in the range of topics taken up in the press and the subjects dealt with are diverse.

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Private Sector

Private Sector
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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.

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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.

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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.

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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.

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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.

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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 out cargo, passenger and postal deliveries.

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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. 

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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,

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    Flight
    By Mongolian Airline
    Valid within
    One Way 
    Round 
    UB-TOKYO 3 months
    440$
    680$
    UB-BEIJING 1 month
    174$
    280$
    UB-SEOUL  3 months
    350$
    460$
    UB-MOSCOW 1 month
    315$
    504$

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