• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Dos importantes cumbres realizadas en abril llevaron a líderes mundiales y empresarios top a darse cita en Panamá, ayudando al país a potenciar su rol internacional en la industria naviera y el comercio para fortalecer las relaciones diplomáticas y comerciales. 

A summit of the ASEAN group of countries in April, hosted in Malaysia, brought the bloc one step closer to realising plans to launch the ASEAN Economic Community (AEC) by the start of 2016.

 

Recording steady expansion, the Mongolian insurance sector’s prospects are good despite the difficulties faced more generally in the economy. Premiums hit MNT93.9bn ($56.3m) in 2013, up from MNT79bn ($47.4m) in 2012 and MNT6.32bn ($3.8m) in 2003, according to the Financial Regulatory Commission (FRC). Other sector indicators, such as premiums...

 

How has compulsory insurance increased awareness of products amongst the general population? What more can be done to raise awareness?

 

As is the case in many developing markets, insurance inclusiveness is becoming an area of interest in Mongolia. After years of pilots, experiments and one-off commercial efforts – and some notable successes – momentum is building and micro-insurance is set to go from a concept to a business. Considerable institutional and regulatory support is...

Chapter | Table of Contents from The Report: Mongolia 2015

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