Top Tweets for #IMQuickStory
#IMQuickStory: @Mongolbank_mn has set up a data centre with international Tier II certification, the first among government bodies. The project will bolster the country’s digital shift and safeguard the national payment system. The @UptimeInstitute awarded the accreditation.
#IMQuickStory: @EBRD has lent $20 million to @KHAN_BANK to support women-owned and women-led businesses. The loan will help female entrepreneurs access funding, advice and a risk-sharing mechanism under the bank’s Women in Business programme.
#IMQuickStory: @EmmanuelMacron will arrive in #Ulaanbaatar on 21 May for a two-day trip that aims to deepen bilateral relations across a range of sectors, from #energy and transport to health and agriculture. He will also explore cultural, educational and welfare opportunities.
#IMQuickStory: Mongolia’s domestic trade revenue has surged 27.4% year on year to $2.65 billion, driven by strong growth in food, retail and fuel sectors and reflecting the recovery of consumer demand and economic activity.
#IMQuickStory: @FitchRatings affirms #Mongolia’s #LTFCI Default Rating at ‘B’ with a Stable Outlook. Strengths: governance indicators, per capita income and medium-term growth prospects. Risks: high external vulnerabilities, subdued near-term growth and sizeable budget deficits.
#IMQuickStory: Mongolia’s #trade surplus swells on export surge. The country traded with 125 nations in the year to date, boosting its foreign trade by 50.4% to $7.7 billion. Exports exceeded imports by $2.4 billion, reversing the previous year’s deficit.
#IMQuickStory: #English has become the primary foreign language in Mongolia’s new #Education Bill. The landlocked country, which has taught English in its schools for over two decades, wants to boost its quality and prepare its youth for the global economy.
#IMQuickStory: A power station to supply electricity to an #oilrefinery project in Mongolia’s eastern Dornod province has begun construction, with India’s @MEIL_Group as the main contractor.
#IMQuickStory: In the harsh landscape of #Mongolia under the Qing dynasty, a young couple defies fate and falls in love. Mongol, a historical drama directed by B. Amarsaikhan, offers a glimpse into a tumultuous era of Mongolian history. The #film premieres in theatres tomorrow.
#IMQuickStory: @RioTinto and InvesCore team up to tackle the low recycling rate in #Mongolia, where only a fraction of the #waste generated is reused, through a #green fund. The fund will support projects that improve waste management and create circular economy opportunities.
#IMQuickStory: After a decade-long absence, Poland is restoring its diplomatic presence in UB and opening a new consulate in Erdenet, a mining hub. The move signals its interest in strengthening ties with #Mongolia, a fellow #democracy and a potential partner in #NortheastAsia.
#IMQuickStory: A pipeline connecting #Mongolia’s Tamsag #oil field with a refinery under construction in Altanshiree will begin to take shape this week. The 530km project is being developed by Norinco, a Chinese state-owned industrial group.
#IMQuickStory: 🇲🇳 #Mongolia’s industrial output more than doubled in a year, reaching ₮8.3 trillion ($2.9 billion). The surge was driven by a 280% jump in ⛏️ #mining, which accounted for ₮4.2 trillion, and a 24.8% rise in 🏭 #manufacturing, which added ₮212 billion.
#IMQuickStory: @KHAN_BANK has raised ₮336 billion ($118 million) in a heavily oversubscribed #IPO that boosted the value of the #stockmarket to ₮8.5 trillion. The IPO, which attracted orders worth 183% of the shares on offer, was the biggest ever on @StockExchangeMN.
#IMQuickStory: @tanajambaldorj has recently been appointed to the board of directors at @OTMongolia. An @UniofOxford and @Harvard alumna, her impressive experience makes her a valuable addition to the team.
#IMQuickStory: The prosecutors in UB say that they are investigating 127 cases of alleged #bribery linked to a #coalsmuggling racket. They have charged 57 people with #corruption and estimate that the total amount of bribes paid could reach ₮13 billion ($4.5 million).
#IMQuickStory: If Only I Could Hibernate has become the first-ever Mongolian film to be nominated for the “Un Certain Regard” selection of the @Festival_Cannes.
#IMQuickStory: Poland’s president, @AndrzejDuda, will pay a visit to #Mongolia next week. Mr. Duda hopes to boost bilateral ties in sectors such as agriculture, light industry, infrastructure, education and culture.
#IMQuickStory: The first papal visit to #Mongolia will take place in September, @Pontifex announced. He will stop by the landlocked Asian country after a trip to France. #Catholicism has a tiny but growing presence in Mongolia, where some 1,300 followers are led by a cardinal.
#IMQuickStory: #Mongolia’s currency swap deal with China, worth $1.7 billion, is set to expire in July. However, the central bank governor has warned the renewal could face challenges, as the recognition of its spiritual leader appointed by @DalaiLama could antagonize #China.
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