Trafigura Group’s $1.1 billion loss in a suspected multi-year fraud in Mongolia was a “humbling experience,” the trading giant’s new chief said in his first public comments on the scandal.Most Read …
Trafigura’s $1.1 Billion Mongolia Fraud Was ‘Humbling,’ CEO Says
Trafigura Group’s $1.1 billion loss in a suspected multi-year fraud in Mongolia was a “humbling experience,” the trading giant’s new chief said in his first public comments on the scandal.Most Read …
Why Mongolia’s Debt Market Is Attracting Strong Investor Appetite
While Mongolia’s landlocked position limits its exposure, it is having new success attracting businesses and investments.
Exclusive-Aunt of Trafigura’s Mongolia boss ran main partner firm
Trafigura’s top executive in Mongolia, who has been suspended while a billion-dollar fraud scheme at the Swiss trading house is investigated, loaned over $500 million of Trafigura’s money to a firm …
How Wage Hikes Shape Inflation in Mongolia: Insights from IMF’s Latest Study
The IMF study analyzes the impact of public and private sector wage increases on inflation in Mongolia, revealing that private wages drive inflation more immediately, while public wage hikes have a …
How Wage Hikes Shape Inflation in Mongolia: Insights from IMF’s Latest Study
The IMF study analyzes the impact of public and private sector wage increases on inflation in Mongolia, revealing that private wages drive inflation more immediately, while public wage hikes have a …
Mongolia looks to end mining purgatory
For many mining explorers, Mongolia represents the largest and last untapped frontier in the world. Kincora, a Canadian-listed copper exploration firm, has been developing a number of projects in the …
China encourages babymaking with free milk and childcare subsidies
China’s Hohhot, the capital of Inner Mongolia, announced a slew of childcare subsidies this month and promised to “care” for new mothers by giving them a daily cup of free milk, as local provinces …
Interactions Between Public and Private Sector Wages and Inflation in Mongolia
The substantial increase in public sector wages in Mongolia introduced in the 2023 supplementary budget has raised concerns about its potential spillover effects on private sector wages and subsequent …
Interactions Between Public and Private Sector Wages and Inflation in Mongolia
The substantial increase in public sector wages in Mongolia introduced in the 2023 supplementary budget has raised concerns about its potential spillover effects on private sector wages and subsequent …