Mongolia Moves up in WorldBank Ease of Doing Business Ranking Reply

Ulaanbaatar, where 1 million people out of Mongolia's 2.8 million

Ulaanbaatar, where 1 million people out of Mongolia’s 2.8 million


Reposted from Mongolia Today
by Julian Dierkes

Mongolia is continuing its positive run in world indices and rankings with the release of the WorldBank’s “Ease of Doing Business” ranking, moving from 88 to 76.

This comes on the heels of an Economist prediction that Mongolia’s economy will have the fastest growing GDP again in 2013. More…

Japan’s Government Pushes New Business Role in Myanmar Reply

Last month, Japan won a contract to develop Thilawa, one of the three pioneer special economic zones in Myanmar

Last month, Japan won a contract to develop Thilawa, one of the three pioneer special economic zones in Myanmar

Reposted from The Wall Street Journal
By MITSURU OBE

THILAWA SPECIAL ECONOMIC ZONE, Myanmar—Taro Aso, a week after becoming Japan’s new finance minister, put aside pressing domestic issues for a trip to Myanmar to cement Tokyo’s role in the largely untapped market, part of an effort to diversify from Japan’s exposure to China. More…

The Frontier Markets’ Resurgence Reply

Freetown, Sierra Leone


Reposted from Bloomberg Businessweek
By Roben Farzad

As far as investing goes, the economic battlefronts of Europe, China, and the U.S. seem like the only concern.

Meanwhile, as if it could not care less about all that, Sierra Leone, the West African nation still shellshocked from years of truly horrific bloodshed, is building a stock market. Sitting on the corner of the edge of what they call the investing frontier—tiny, illiquid markets aspiring to graduate to emerging-market status More…

Out of the shadows 3


Reposted from Fundweb
By Helen Burnett-Nichols

Frontier markets, such as those in Africa, Asia and the Middle East, offer opportunities and an alternative investment universe as economies grow and systems stabilise, writes Helen Burnett-Nichols.

While compelling growth stories abound in the world’s frontier investment markets, uncertainty around rapidly evolving political situations as well as ongoing corporate governance and liquidity problem seem to be keeping some investors on the sidelines. More…

Whisky firm BenRiach on Mongolia mission Reply

BenRiach already supplies a range of single malt whiskies to emerging markets


Reposted from the BBC News

A Scotch whisky firm has set its sights on Mongolia as it bids to make further inroads into new and emerging markets.

BenRiach Distillery Company managing director Bill Walker is to hold tastings in the central Asian country as part of a trade mission next week.

Mr Walker said there were opportunities worldwide for the Scotch whisky industry, which had entered “a golden age”.

He added that “east of Beirut, the world is booming”. More…

Steady – Mongolia is not yet the new Qatar Reply


Reposted from The Financial Times
By David Pilling

Kuwait 1950. Abu Dhabi 1970. Qatar 1995. Mongolia 2012? Mongolia, endowed with vast resources and growing at 17 per cent, has a gold-rush atmosphere. The miners, bankers and lawyers who have descended on Ulan Bator like to believe it is the next El Dorado. Those who wish the country well hope it can be more than that: a well-run democracy in which opportunity is equitably spread.

John Finigan, an über-optimist who runs Mongolia’s Golomt Bank, thinks of Qatar, which had an $8bn economy in 1995. Today, it has a gross domestic product of $174bn and the world’s second-highest per capita income of $98,000. Why, asks Mr Finigan, shouldn’t Mongolia do the same? Its top 10 mines alone contain minerals worth $2.75tn, which would make every Mongolian – all 2.7m of them – a millionaire. More…

Frontier markets more attractive that EMs: BlackRock Reply

Sam Vecht, head-emerging markets, BlackRock


Reposted from CNBC Moneycontrol.com
By CNBC-TV 18

Sam Vecht, head-emerging markets, BlackRock hopes that US and Europe continue seeing the recovery they have had and that the Chinese economy does not slow down. He is bullish on India in the emerging markets, but believes that there are many who are negative on India too because of political challenges and inflation .

He finds frontier markets like Bangladesh, Nigeria and Saudi Arabia as more attractive than emerging markets because of better demographics, lower debt, high dividend yield and low valuation.
More…