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Record number of 21 COVID-19 patients discharged in Mongolia

On Thursday (4 June), Mongolia recorded its highest number of recovered COVID-19 cases in a single day, with 21 patients being discharged from the National Centre for Communicative Diseases. Nine of them are cadets who were repatriated from Russia on

IMF approves Mongolia’s request for emergency financial assistance

The Executive Board of the International Monetary Fund (IMF) has approved Mongolia’s request for emergency financial assistance under the Rapid Financing Instrument (RFI) equivalent to SDR 72.3 million (about US$99 million, or 100 percent of quota) to meet urgent budgetary

ADB opens Mongolian Tugrik-linked Bond Market

The Asian Development Bank (ADB) on Wednesday (3 June) said it has raised 21 billion Mongolian Tugrik (MNT) – about USD 7.5 million –  in a groundbreaking issue of the first offshore MNT-linked Nomad Bonds. The Manila-based multilateral lender said

Buses to start running to the UB Valleys from Friday

Buses will start running from 5 June on six routes to the Ulanbaatar Valleys on a daily basis. In the past, the camp buses start running to the Valleys from 15 June. This year, the schedule of the camp buses

Want to visit EU headquarters?

The 2021 European Union Visitors’ Programme has been announced with a deadline for receiving applications on 15 June 2020. The European Union Visitors. Programme (EUVP) is an individual study programme for promising young leaders, politicians, staffers, diplomats and opinion moulders

Get on your bike!

Mongolia has marked today (3 June) World Bicycle Day. According to a recent survey, 39.3 percent of Ulaanbaatar’s population uses public transportation to go to work, 6.5 percent walk, 2.6 percent grab a taxi and 2.4 percent ride bicycles or

Civil servants start working an hour earlier in Ulaanbaatar

Civil servants in the Mongolian capital started working an hour earlier at 08.00 from 1 June as the warmer season arrived. The summer time shift will last until 31 August. The working hour changes are related to the efficiency of

Cashmere and COVID: Mongolian sales fall by 70 percent

Mongolia, a leading supplier for global cashmere, has seen demand for its luxury fibers plummet during the coronavirus pandemic. Sales fell near 70 percent as Chinese traders and Western shoppers have been isolated and businesses and factories closed.

Khatant International, a

Coal and COVID: Mongolia’s headaches continue

Mongolia has exported a total of 5.2 million tons of coal so far this year, virtually all to China, according to data released by the Mongolian Customs General Administration on Tuesday 2 June.

The figure represents a decrease of 2.6 times

Income statements of Mongolian election candidates reseased

Mongolia’s 2020 parliamentary election is fast approaching. The important event will be held on 24 June.

Earlier today (3 June), the Independent Authority against Corruption released the income and revenue statements of the 606 candidates who are running. The financial information