Search results for Ulaanbaatar
Finance
KakaoBank steps up digital finance cooperation with Mongolia\'s MBank
KakaoBank is expanding cooperation with a Mongolian digital bank on alternative credit scoring and is pursuing an equity investment. The company said CEO Yun Ho-young attended the Korea-Mongolia Business Forum in Ulaanbaatar on July 9 as part of the South Korean president\'s economic delegation. KakaoBank discussed cooperation with MCS Group and signed a term sheet for a strategic investment in its digital bank unit, MBank.
AI & Enterprise
South Korea, Mongolia resume science and technology cooperation after 14 years, expand AI cooperation
South Korea and Mongolia have resumed official cooperation in science and technology for the first time in 14 years, holding a joint committee meeting and a science and technology forum. South Korea\'s Ministry of Science and ICT said it held the third South Korea-Mongolia Joint Committee on Science and Technology in Ulaanbaatar on July 8 with Mongolia\'s Ministry of Economy and Development. The sides discussed exchanges and joint research and signed multiple cooperation memorandums.
Industry
Lotte Chilsung Beverage says Crush Mongolia exports up 90 percent in two years
Lotte Chilsung Beverage said on March 19 that its beer export value to Mongolia rose about 90 percent last year from a year earlier. It said global beer exports also grew about 40 percent on the back of strong Mongolia shipments. The company said it has expanded sales channels for its Crush brand and stepped up marketing, including club promotions, concerts and social media content. It plans more promotions this year, including tastings at hotels and restaurants.
