Mongolian Prime Minister L.Oyun-Erdene has instructed the Development Bank of Mongolia (DBM) to explore potential options, including an early payment, to settle its outstanding Samurai Bond obligations. Following this, the Bank will be able to further manage its future obligations

Mongolia exported a total of 3.8 million tons of coal in the first four months of this year, down 48 percent year on year, Mongolian Customs General Administration said.

The significant decrease is related to border restrictions due to the COVID-19

The International Monetary Fund (IMF) lowered its growth forecast for the Mongolian economy in 2022 to 1 percent, saying potential risks have already begun to materialize.

This came after IMF representatives led by senior economist Angana Banerji concluded a visit here

  Project aims to provide opportunities for local capacity-building in traditional crafts and conservation techniques
Ulaanbaatar, Mongolia, May 6, 2022—Arts Council of Mongolia (ACM) and World Monuments Fund (WMF) today announced the start of physical conservation on the Yadam Temple, situated within

The Mongolian tugrik has since late January been steadily losing value against the dollar, while inflation has been mounting. There are several reasons for this, including increases in the prices of Russian gas, energy and wheat due to effects of

China’s metallurgical coal supply is expected to remain limited in the second quarter of 2022, as coking sector’s inventories deplete and Mongolian coal suppliers face logistical hurdles, industry sources said April 13. Industry analysts see relatively lower seaborne met coal

Mongolia will export cooking oil for the first time, as a rapeseed oil factory in the northern Mongolian province of Selenge has signed an agreement on exporting rapeseed oil.

The factory named “Selenge” on Tuesday signed the agreement with Dansuk Industrial

Mongolia is striving to combat a rise in consumer prices driven by external factors. On Wednesday, the Mongolian government decided to issue a soft loan worth MNT 230 billion  to flour producers and meat processing enterprises, according to the Food