Mongolia exported 1 million tonnes of coal for all uses during September, marking a fall of 3.9% on month and a huge 78.3% plunge on year, according to the country’s Customs published on October 7.

Though deliveries to China, the destination

Major construction projects transform the lives of thousands of Mongolians – whether they’re creating new plants, enabling better transport, or providing power to the surrounding area. Aside from creating thousands of jobs during the construction phase, they’ll bring in opportunities

Mongolia has its own oil fields producing enough crude for its requirements.  However, almost all of its crude oil is exported and all of its finished petrochemical products are imported.  Mongolia imports more than 90% of the oil products from Russia

Mongolia-based operator ONDO (IN Mobile Network LLC), the fifth mobile operator in Mongolia, received a license to provide mobile services from the national telecommunications regulator Communications Regulatory Commission (CRC).

The ONDO is piloting the latest generation of high-speed mobile internet or

Under the Millennium Challenge Compact made between the Government of Mongolia and the U.S. Millennium Challenge Corporation, MAPA Group of Turkey has been awarded as the General Contractor of “Construction Works of an Advanced Water Purification Plant (AWPP) and SCADA

On Wednesday, Sep. 22 the Asian Development Bank (ADB) stated that the Mongolian GDP is projected to expand 4.6 percent this year on the back of constant economic recovery.

The most recent expansion estimate is marginally lower than the 4.8 percent

 
Golomt bank has been named as the “Best Digital Bank in Mongolia” for the third consecutive year and seven years in total by the Global Finance, an internationally renowned magazine, which selects the world’s best financial institutions annually.
As a leader

Mongolia will build a hydropower plant in the western part of the country.

The Erdeneburen hydropower plant on Khovd River  will be constructed in the coming five years, with a soft loan from the Chinese government.

The 90-megawatt hydropower plant is considered