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London: Erdenes TT stock sale presented to investors

In June, the Mongolian Cabinet decided to sell up to 30 percent of the ‘Erdenes Tavan Tolgoi Company on the domestic and international stock markets. The company is planning to launch an IPO on the London and Hong Kong stock

Mongolia spends MNT 12 billion on innovation

A “Science, Technology and Innovation-2018” exhibition opened today at the Mongolian National Art Gallery. A total of 120 enterprises displayed nearly 1500 innovation products such as books, medicine, bio active products, agriculture and food technologies at the exhibition.

The aim of

Death on Mongolia’s ‘Coal Road’

Kh.Sugar, director of the Citizens’ Representative Assembly has held a press conference regarding the dangerous  situation on the main coal transportation route to China.

Currently, nearly 12000 coal trucks from 161 enterprises are transporting coal on the 239 km road between

Mongolian exports reach USD 5.9 billion

In the first 10 months of 2018, Mongolia traded with 153 countries  worldwide and the total trade turnover reached USD 10.8 billion, with exports of USD 5.9 billion and imports of USD 4.9 billion. In October 2018, exports and imports

Goldlinks enters Zaamar gold mine project

The global gold industry blockchain alliance, Goldlinks, announced the conclusion of a strategic partnership with Erd Khul LLC, a gold mine in Mongolia. The partnership covers cooperation on mining, the creation of gold-backed digital assets, mine acquisitions, and more. The

Mongolian economy grows by 6.4 percent

According to D.Baasan, a specialist at the National Statistic Office, the Mongolian economy grew 6.9 percent in the first 9 months of 2018.

A preliminary estimation indicates that GDP reached MNT 12.8 trillion, a increased of MNT 0.8 trillion (6.4 percent)

Mongolia’s unemployment falls by 2.2 percent

According to the National Statistic Office of Mongolia, the number of people aged 15 and above, who are in work reached 1.3 million in the first 10 months of 2018; a total of 721.1 thousand of them are men and