The bond market in Mongolia is one of the world’s youngest. The government has committed to regular bond sales only since 2010, and a pioneer in the corporate segment appeared in August of the same year. Despite this small base, growth in the segment looks likely in the coming years, due in large part to the needs of the mining industry. As of...
Though 2012 looks like a breakout year for Mongolia, the economic outlook for much of the rest of the world seems to be dull at best. One of the key questions for Ulaanbaatar’s investment community is how much foreign interest there will be in 2012, and whether Mongolia will stand out as a good investment option or be dragged down by outside factors...
Perhaps the most innovative component of Mongolia’s insurance sector is a recently launched livestock management policy. The Index-based Livestock Insurance Project (IBLIP), which is specifically tailored to the country’s unique needs and extreme environment, is among the first of its kind to be put into practice. Under IBLIP, indexed insurance is...
THE COMPANY: Gobi was established in 1981 with Japanese economic and technical assistance to process natural goat and camel hair and to produce cashmere and camel wool products from these fibres. The company has since developed into one of the five largest cashmere producers in the world, and has about...
THE COMPANY: The name APU comes from Arkhi Pivo Undaa (Vodka, Beer, Drinks). Established in 1924, three years after Mongolia’s communist revolution, APU is the country’s largest beverage producer and its first national brand. APU was partially privatised in 1992, with 51% of its shares retained by the...
Bounded by Russia to the north and China to the south, Mongolia is a vast country and sparsely populated – larger than Western Europe, but with a population of barely 3m people. The country of wind-swept steppes, plains and deserts is famous for its nomadic tradition, still influential despite rapid development. However, stable and democratically-...
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