On Friday, December 9, 2022, the Financial Regulatory Commission (FRC) approved the listing of ordinary shares of Khan Bank LLC as securities for initial public offering (IPO).

In accordance with the Banking Law and procedures for the reorganization of banks as

On November 11, 2022, the Parliament approved the Law on Amendments to the Personal Income Tax Law. The new law will be enforced from January 1, 2023. Therefore, Mongolians will pay 

-10 percent taxes if he/she earns up to MNT 120

On 9 December is shaping up to be a big day for Jakob Stausholm. Just ahead of his two-year anniversary as Rio Tinto’s chief executive, he will learn the fate of the mining giant’s tortuous efforts to buy out minority

The Mongolian government has repaid in full its inaugural USD 1.5 billion Chinggis bond in a bid to manage its debt profile.

Mongolia’s central bank governor said keeping debt under control is the main focus right now amid a worsening foreign

Mongolia’s central bank purchased a total of 19.9 tonnes of gold in the first 11 months of this year from legal entities and individuals.
As of November, the Bank of Mongolia’s average gold purchase price had been 197,545 Mongolian tugriks (57.7

The Asian Development Bank (ADB) and the Government of Mongolia inaugurated a grid-connected renewable hybrid energy system in Zavkhan province. The system includes a 5 megawatt solar photovoltaic and 3.6 megawatt-hour battery energy storage system (BESS), along with an advanced

On Sunday (27 November) Prime Minister of Mongolia, L. Oyun-Erdene, opened a major new rail link which will provide a significant boost to the country’s export competitiveness and wider economy as part of the Government’s ‘New Recovery Policy’.

The Zuunbayan-Khangi railway,

Mongolia sends 86% of its exports to China, with coal accounting for more than half of that total, and it is upgrading its infrastructure in the hopes of selling even more to its southern neighbor.

And Mongolia is keen to chip