ETIQUETTE: A handshake usually accompanies a first introduction in a business setting and is used both as a greeting and farewell. Although people in the urban centres are less strict about local customs when greeting, it is customary and seen as a sign of respect to offer things (business card, pen, etc) with your left hand under your...
Mongolia
Displaying 223 - 228 of 518
Articles & Analysis | Facts for visitors: What to bring, wear, do, avoid and expect from The Report: Mongolia 2014
Since the country’s transition from communism two decades ago, the Mongolian economy has experienced rapid liberalisation. Sectors including ICT and insurance are expanding quickly and, while the mining sector has been responsible for making Mongolia a rising star in the global economy, there is great potential for further growth in all economic sectors.
With demand for electricity on the rise, and a national drive to boost renewable power production gathering strength, investor interest in Mongolia’s fledgling wind energy industry looks set to grow.
Economic update | Mongolia boosts support for SMEs
13 Mar 2014
New measures announced by the Mongolian government aimed at lowering the tax burden for small and medium-sized enterprises (SMEs) should serve as an incentive for private sector operators to expand, but businesses may still face challenges in obtaining the credit they need to sustain growth.
The government in Mongolia has revealed plans to support domestic export manufacturers, with the aim of reducing a burgeoning import bill and boosting the country's economic foundations.
Economic update | Mongolia Year in Review 2013
3 Feb 2014
After hopes of a mining-based boom in Mongolia last year were dented by global commodity price shocks and declining Chinese demand, the government is focusing on improving the investment climate in a bid to generate a turnaround.