The collapse of tourism due to the pandemic wiped out 1.6 million jobs in five Asian countries alone last year, according to the International Labour Organization (ILO). Among the countries, Mongolia saw almost one-third of all job losses occur in

Over the years governments have sat at the negotiating table to discuss amendments to the Oyu Tolgoi agreement. Some governments managed to see out their terms by only engaging in dialogue. The most beneficial amendment was made by S.Batbold’s government,

The number of coking coal trucks from Mongolia to China has also risen, improving the supply outlook, Guangzhou-based investment consultancy Founder CIFCO Futures said. In October, the number of trucks hauling coal from Mongolia into China averaged 400 a day,

We all know that we can improve our immunity through a healthy and active lifestyle in addition to taking the necessary vitamins and supplements regularly. Similarly, we can strengthen our financial immunity by a simple habit of saving to cope

Mongolian coal producer SouthGobi Resources Ltd. has been forced to suspend mining operations from this month after an outbreak of Covid-19 closed the border to its customers in China, the company said in a statement on Tuesday.
Mongolia has seen coal

Erdenes Tavan Tolgoi (ETT), one of Mongolia’s largest mining companies, still managed to ship an impressive 15.5 million tons of coal, earning MNT 1.68 trillion, including MNT 1.5 trillion in sales revenue amid chaos of interrupted supply chain procedures due

The EBRD began its operations in Mongolia with the sponsoring of banks and other financial entities—such as XacBank, Khanbank and Transcapital—that became involved in its Trade Facilitation Programme. By now, the EBRD has a presence in many sectors of the country’s

China’s coking coal imports slowed in September from August on limited Mongolian supplies, but non-Australian seaborne imports remained above 2020 levels led by record US arrivals.
China imported 4.35 million tonnes of coking coal in September, down by 35pc from a