Reserves of AI-92 gasoline are sufficient for 42 days, while diesel fuel reserves are sufficient for 28 days. 

The prevailing view on China’s economy is broadly optimistic, though some pessimistic voices remain. To get a clearer picture, we must adopt a dialectical perspective: the economy is showing signs of divergence, but the momentum is improving and the outlook

AIG (currently Huvsgol JSC, MSE:HVL) is pleased to announce signing of a strategic Memorandum of Cooperation with Austria-based Teichmann & Compagnons Property Networks GmbH to jointly develop a pioneering green, smart, and sustainable city in Mongolia.

Currently a fully owned subsidiary

This marks the second cross-border railway connection between Mongolia and China, following the Zamiin-Uud–Ereen railway, which was established under a bilateral agreement in 1955.

Asia’s Outlook Dims Amid Trade Tensions

US tariffs have reached their highest levels in a century, with many of the steepest aimed at Asia. The region, which contributed nearly 60% of global growth in 2024, is now seeing its trade-led development

Mongolia may take a 34% stake in Xanadu Mines Ltd.’s Kharmagtai copper-gold project after a proposal to classify the asset as a strategic deposit was submitted to the government.

With uranium demand set to be strong in the coming decades, Mongolia is positioning itself as a strategic player and a significant contributor in the global climate effort.

Most tourists come to Mongolia during the warmer months like summer and autumn while we accept 23 percent of foreign tourists in winter time.