The World Bank has lowered Mongolia’s gross domestic product (GDP) growth forecast for 2022 to 2.5 percent from a 5.2-percent forecast in October 2021, according to a World Bank report released on Tuesday.

In a downside scenario, Mongolia’s economic growth could

Aspire Mining Ltd has committed to plant 10 million trees in Mongolia at a recent signing ceremony in the country’s capital.

The resources stock met with the Mongolian President, Prime Minister and Minister for the Environment in Ulaanbaatar, where it pledged

Today (24 March), Mongolia’s central bank has lifted the country’s key interest rate by 2.5 percentage points to 9 % in a desperate move to halt the home currency’s decline amid Russia-Ukraine crisis.

Four days after Russia invaded Ukraine on February

In February, The Bank of Mongolia (BoM) purchased 795.3 kg, raising the BoM’s total precious metal purchase of 2022 to 2.4 tons. The figure shows an increase of 464.6 kg as compared with the same period of the previous year.

China’s COVID-19 policy has severely affected Mongolia’s economy as it is “disproportionally dependent on its biggest foreign trade partner Beijing”, said a Canada-based think tank. As the world enters the third year of the COVID-19 pandemic, Mongolia’s economy has been

Rio Tinto has launched a USD 2.7 billion bid to assume full ownership of the Canadian company that owns 66 percent of the giant Oyu Tolgoi copper project in Mongolia.

The Anglo Australian miner has offered CAD 34 a share to

Los Angeles, CA, USA – The Project Godsend production team recently met in Los Angeles and exchanged opinions with Mr. Tsagaan Puntsag (Steppe Arena) on the positive impacts a major Hollywood-Mongolia collaborative film project would have for Mongolia and how

Mongolia has long set a goal to transform from an energy importer to an exporter. However, it remains unable to meet its domestic needs to date. In fact, the country needs to stop being depend on others in terms of