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Category - 2021-05-07

UN DECLINES TO AMEND MODEL TAX TREATY ON SOFTWARE PAYMENT TAXATION

The UN Committee of Experts on International Cooperation in Tax Matters, at its 22nd session, held April 19&nd...

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Category - 2021-05-07

LOANS TO BE PROVIDED TO SUPPORT AGRICULTURE

3-percent interest rate employment support loans totaling MNT 639.3 billion have been given to 9,304 borrowers...

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Category - 2021-05-07

TEMPORARY PROCEDURE FOR REGISTRATION, CONTROL OF CLOSED BOND-DEBTS ISSUED BY NON-BANK FINANCIAL INSTITUTIONS APPROVED

At a regular meeting of the Financial Regulatory Commission (FRC) on 28 April, a total of 27 issues were discu...

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Category - 2021-05-07

DEVELOPMENT BANK OF MONGOLIA TO INTEGRATE SUSTAINABLE FINANCING INTO ITS OPERATIONS

Mongolia needs a significant amount of financial resources to meet its nationalized Sustainable Development Go...

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News - 2021-05-04

IS THE VAT SYSTEM FIT FOR A VIRTUAL WORLD?

Back in 2000, computer gaming was revolutionized. Instead of sports games, ego shooters or other genres, peopl...

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News - 2021-05-04

MONGOLIA BECOMES ONE OF THE SEVEN ASIAN COUNTRIES TO HAVE BUSINESS AND HUMAN RIGHTS PROGRAMME

In 2011, the United Nations Human Rights Council endorsed the UN Guiding Principles on Business and Human Righ...

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News - 2021-04-29

AGRICULTURAL MACHINERY, EQUIPMENT AND SUPPLIES EXEMPT FROM VAT UNTIL 2025

On April 23, the parliament approved bills on value-added tax exemption and customs duty exemption.  A...

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News - 2021-04-29

LATEST ISSUE OF ‘INCLUSIVE FINANCE’ MAGAZINE BY FINANCIAL REGULATORY COMMISSION PUBLISHED

The latest issue of monthly ‘Inclusive Finance’ magazine was published by the Financial Regulatory...

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News - 2021-04-29

INDEPENDENT REVIEW ON THE COST OVERRUNS AND SCHEDULE DELAYS OF THE OYU TOLGOI UNDERGROUND EXPANSION

27 APRIL 2021, Ulaanbaatar ---- In November 2020, at the initiative of the Government of Mongolia, Erdenes Oyu...

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News - 2021-04-20

MONGOLIA SUPPLYING 45 PERCENT OF UNPROCESSED CASHMERE IN GLOBAL MARKET

In 2021, Mongolia is estimated to prepare about 9,700 tons of cashmere. As 60-70 percent of total cashmere goe...

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