Mongolia

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THE COMPANY: The Mongolian Mining Corporation (MMC) is the first local coking coal producer in Mongolia which has been listed on the Hong Kong Stock Exchange (Stock Code: 975). The company owns and operates two open-pit coking coal mines: Ukhaa Khudag (UHG) and Baruun Naran (BN), both in South Gobi...

The initial public offering (IPO) of Erdenes Tavan Tolgoi (ETT) has been long delayed. If the giant multi-market stock sale can be completed, confidence could very well be restored and the capital markets of Mongolia could be revived. ETT has proven more difficult than first imagined, but much of what has held it back has been addressed and the...

Articles & Analysis | BDS ec: Investment banking from The Report: Mongolia 2014

THE COMPANY: BDS ec was established in 1991 and is both the oldest and largest brokerage and investment bank in Mongolia. BDS ec is the only publicly traded financial company on the Mongolian Stock Exchange (MSE) and trades under the symbol of MO:BDS. BDS ec’s market share of traded volume on the MSE...

What short-term impact might the “From Big Government to Smart Government” initiative have?

What instruments are at your disposal to reverse the trend of depreciation in the turgik and ensure its stability in the long term?

The economy has made great strides, having grown tenfold over the past decade. In 2013, Mongolians were able to find the answer to a key question: “Where will Mongolia be in 2020, 2030, 2040 and 2050?” For the first time, there is a consensus amongst businesses, media, central and local governments, politics and academia on Mongolia’s roadmap...

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