Achit-Ikht LLC, a member of the London Metal Exchange and a Mongolian national producer, has started issuing preferred shares and paying dividends to its targeted beneficiaries, the company’s employees and the employees of Erdenet Mining Corporation, since 2019 as part

The Sustainable Fibre Alliance and clothing brand J.Crew are supporting nomadic female herders with workshops designed to lift their economic and social standing. Despite having the potential to bring tremendous value to the cashmere supply chain, the Sustainable Fibre Alliance

Golomt Bank’s “Golden Key” children’s foundation has continued to support the “Heart Will Not Forget” project for the second year in a row and established a memorandum of cooperation to become an official partner.

B.Boldsaikhan who initiated the project, General Director

Mongolia’s foreign exchange reserves reached USD 4.9 billion at the end of April, hitting an all-time high, reported the country’s Central Bank.

The record was mainly related to the stable exchange rate of the Mongolian national currency, the Tugrik,  and measures

The conclusion of an agreement on a free trade area between Mongolia and the Eurasian Economic Union(EEU) will contribute to further expansion of the economic relations between Moscow and Ulaanbaatar, Russian Foreign Minister Sergey Lavrov said on Tuesday following a

Chief Executive Officer of Gazprom Alexei Miller and Mongolian Foreign MinisterB.Battsetseg have discussed the construction project of the Soyuz-Vostok gas pipeline, the Russian gas holding said on Wednesday. The mega-project  will guarantee supplies of Russian gas to China via Mongolia,

Today (3 June), 20 tonnes of finest cashmere were delivered to Italy from Ulaanbaatar, the capital of Mongolia. This was the first time that Khangbogd Cashmere delivered its product directly to Italy by land. The journey time for the prized Mongolian

In addition to economic development, investment and financing decisions should take into account whether the project is environmentally friendly, harmful to human health, and socially beneficial. As a result, not only the financial institution but also the customer’s risk is