Price of construction materials up sharply Print E-mail
barilgiin_mat.jpeg        Prices of all kinds of construction material have risen sharply, adding to the woes of the construction sector. Building timber that cost MNT9,000-13,000 in April has gone up to MNT15,000-18,000. Chinese bricks sell for MNT220 and Mongolian bricks MNT250 a piece.
Traders in Tsaiz Market which sells construction material are pleased with the price rise in a sluggish market. The sector as a whole is waiting for the passage of the Ipotec Law which is expected to ease its financial problems.
Source: www.news.mn
 
Mining News
RUSSIA'S ARMZ WANTS TWO-THIRDS OF CANADIAN RIVAL: REPORTS Russian state-owned mining firm ARMZ Uranium Holding Company wants to acquire at...
Political News
PRESIDENT PUT VETO ON BUDGET LAW OF MONGOLIA The State Great Khural adopts budget law of 2010 and it was presented to the Pre...
 
Business News
ZTE clicks new deal with Mongolia           ZTE Corp of China has ann...
Economy News
MNT 20 MILLION ABOVE TRANSFERS TO BE INFORMED The Financial Regulation Bureau approved a procedure to prevent money washing, i...
 
Real Estate
BUILDERS WORRY ABOUT CORRUPTION IN APARTMENT SALES Construction companies are nothappy that the Government wants to use the Apart...
Company News
MONGOLIAN WOLF TO BE ‘UNSTOPPABLE’ Mongolia may become the world’s fastest-growing economy in the next decade...
 

Top 30 Companies

Do you want to receive Mongolia financial news everyday?

Financial News


Receive HTML?

Exchange Rate

  11 March 2010, Thursday
small_united_states_flag
USD
 		1423.91
small_european_union_flag
EUR 1929.75
small_russia_flag
RUB
 		47.87
small_china_flag
CNY
 		208.60
small_japan_flag
JPY
 		15.82
small_united_kingdom_flag
GBP
 		2122.05
small_korea_south_flag
KRW
 		1.26

People views

Partners

Mongolia News

APIP Corporation | Mongolian Properties | Regency Residence | Mongolian Travel Guide | Mongolian Resorts | Mongolian Resorts Guesthouse
Ubdeli Restaurant | Oasis Nightclub | Altansan Securities | Moda Cashmere | Mining Mongolia | Central Asian Cement