Economic and business activities in Mongolia are regulated by a variety of laws, principally the Company Law of 1999, with a major revision in 2007, the Civil Code of 2002, the Law on Foreign Investment of 1993 and the Law on the Regulation of Foreign Investment in Entities Operating in Strategic Sectors of 2012. Currently, Mongolian legislation...
The Mongolian education system has been in search of a suitable model for many years. Since the collapse of the Soviet Union, the country has tested a number of replacements for the top-down, ideologically based schooling that had been dominant for 60 years. At first, it reintroduced the traditional Mongolian script. It then experimented with the...
As it stands now, choice is very limited for people seeking international-level medical care in Mongolia. The SOS Medica Clinic while extremely modern is small and not designed to keep patients for more than a few days. Serious cases are referred to local hospitals or patients are taken out of the country.
Of all the major sectors in the Mongolian economy, only one has failed to stage a significant recovery since the end of socialism. Industry, agriculture, mining, manufacturing and education have managed to claw themselves back from the collapse after the end of Soviet subsidies, and some are now in better shape than they were previously during the...
While mining and minerals represent the key to Mongolia’s future growth and wealth, agriculture is also a vital part of the economy. The sector, which involves the raising of livestock for both meat and wool, and to a lesser extent the cultivation of grains and vegetables, has the biggest impact on the lives of average Mongolians. Imported consumer...
For a country of just 3m people, Mongolia has a vast range of media outlets, from national newspapers and TV channels to local radio stations broadcasting to herding communities. The country’s advertising sector, meanwhile, has been growing fast on the heels of economic growth, along with increased foreign interest and subsequent investment. There...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×