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Narantul Market
The Narantuul Market () or the Black Market is a marketplace in Bayanzürkh, Bayanzürkh District, Ulaanbaatar, Mongolia. It is the largest outdoor market in the country. History The market was established in 1993. It moved to its current site in 1999. In January 2013, it was reported that Narantuul Market was under investigation due to alleged irregularities in its land license. The market, owned by politician Saikhansambuu Shinensambuu, was reportedly granted a 25-year public service land license, despite city regulations limiting such licenses to five years. While authorities deemed the extended license illegal, the Ulaanbaatar City Administration was reluctant to revoke it, citing the livelihoods of thousands of vendors dependent on the market. In August 2013, a fire severely damaged the grocery section of Narantuul Market, affecting over 300 shops. The damaged section, in operation since 1999, was found to be structurally substandard and lacked state approval. Architectu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bayanzürkh
Bayanzürkh ( ; ) is one of nine districts of the Mongolian capital of Ulaanbaatar. It is subdivided into 20 subdistricts. It is the largest district in the capital and lies in the southeast of the city. It was established in 1965. In 2023 it had an approximate population of 420,793 people in 131,902 households. A total of 23 state kindergartens and 19 secondary schools are located in the district area. Bayanzürkh is located in the east, at the foot of one of the four mountains of Ulaanbaatar, the Bayanzürkh Uul. Economy The head office of Eznis Airways is located in the Shine Dul Building (Шинэ Дөл Билдинг) in Bayanzürkh. The head office moved there by 27 August 2011. ." Eznis Airways. Saturday 27 August 2011. Retrieved on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ulaanbaatar
Ulaanbaatar is the Capital (political), capital and List of cities in Mongolia, most populous city of Mongolia. It has a population of 1.6 million, and it is the coldest capital city in the world by average yearly temperature. The municipality is located in north central Mongolia at an elevation of about in a valley on the Tuul River. The city was founded in 1639 as a nomadic Buddhist monasticism, Buddhist monastic centre, changing location 29 times, and was permanently settled at its modern location in 1778. During its early years, as Örgöö (anglicized as Urga), it became Mongolia under Qing rule, Mongolia's preeminent religious centre and seat of the Jebtsundamba Khutuktu, the spiritual head of the Gelug lineage of Tibetan Buddhism in Mongolia. Following the regulation of Kyakhta trade, Qing-Russian trade by the Treaty of Kyakhta (1727), Treaty of Kyakhta in 1727, a caravan route between Beijing and Kyakhta opened up, along which the city was eventually settled. With ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mongolia
Mongolia is a landlocked country in East Asia, bordered by Russia to the north and China to the south and southeast. It covers an area of , with a population of 3.5 million, making it the world's List of countries and dependencies by population density, most sparsely populated sovereign state. Mongolia is the world's largest landlocked country that does not border an Endorheic basin, inland sea, and much of its area is covered by grassy steppe, with mountains to the north and west and the Gobi Desert to the south. Ulaanbaatar, the capital and List of cities in Mongolia, largest city, is home to roughly half of the country's population. The territory of modern-day Mongolia has been ruled by various nomadic empires, including the Xiongnu, the Xianbei, the Rouran, the First Turkic Khaganate, the Second Turkic Khaganate, the Uyghur Khaganate and others. In 1206, Genghis Khan founded the Mongol Empire, which became the largest List of largest empires, contiguous land empire i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marketplace
A marketplace, market place, or just market, is a location where people regularly gather for the purchase and sale of provisions, livestock, and other goods. In different parts of the world, a marketplace may be described as a ''souk'' (from Arabic language, Arabic), ''bazaar'' (from Farsi language, Persian), a fixed ''mercado (other), mercado'' (Spanish language, Spanish), itinerant ''tianguis'' (Mexico), or ''palengke'' (Philippines). Some markets operate daily and are said to be ''permanent'' markets while others are held once a week or on less frequent specified days such as festival days and are said to be ''periodic markets.'' The form that a market adopts depends on its locality's population, culture, ambient, and geographic conditions. The term ''market'' covers many types of trading, such as market squares, market halls, food halls, and their different varieties. Thus marketplaces can be both outdoors and indoors, and in the modern world, online marketplaces. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wholesaling
Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling involves purchasing goods in bulk, usually directly from the manufacturer or source, at a discounted rate. Retailers then sell these goods to end consumers at a higher price, generating a profit. According to the United Nations Statistics Division, ''wholesale'' is the resale of new and used goods to retailers, to industrial, commercial, institutional or professional users, or to other wholesalers, or involves acting as an agent or broker in buying merchandise for, or selling merchandise to, such persons or companies. Wholesalers frequently physically assemble, sort, and grade goods in large ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Mongolia
The economy of Mongolia has traditionally been based on agriculture and livestock. Mongolia also has extensive mineral deposits: copper, coal, molybdenum, tin, tungsten, and gold account for a large part of industrial production. Soviet assistance, at its height one-third of gross domestic product (GDP), disappeared almost overnight in 1990–91, in the time of the collapse of the Soviet Union. Mongolia was driven into deep recession. Economic growth picked up in 1997–99 after stalling in 1996 due to a series of natural disasters and increases in world prices of copper and cashmere. Public revenues and exports collapsed in 1998 and 1999 due to the repercussions of the 1997 Asian financial crisis. In August and September 1999, the economy suffered from a temporary Russian ban on exports of oil and oil products. Mongolia joined the World Trade Organization (WTO) in 1997. The international donor community pledged over $300 million per year in the last Consultative Group Meeting, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1993 Establishments In Mongolia
The General Assembly of the United Nations designated 1993 as: * International Year for the World's Indigenous People The year 1993 in the Kwajalein Atoll in the Marshall Islands had only 364 days, since its calendar advanced 24 hours to the Eastern Hemisphere side of the International Date Line, skipping August 21, 1993. Events January * January 1 ** Czechoslovakia ceases to exist, as the Czech Republic and Slovakia separate in the Dissolution of Czechoslovakia. ** The European Economic Community eliminates trade barriers and creates a European single market. ** International Radio and Television Organization ceases. * January 3 – In Moscow, Presidents George H. W. Bush (United States) and Boris Yeltsin (Russia) sign the second Strategic Arms Reduction Treaty. * January 5 ** US$7.4 million is stolen from the Brink's Armored Car Depot in Rochester, New York, in the fifth largest robbery in U.S. history. ** , a Liberian-registered oil tanker, runs aground off the S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
