The Central Bank of Mongolia stated on Monday, 2 November, that the combined savings of the public  increased 22 percent year on year to 16.8 trillion Mongolian tugriks (almost USD 5.8 billion) at the end of the third quarter.

The bank

Asian banks are edging yet closer to crypto and digital currency adoption – with Mongolian and South Korea banks unveiling ambitious new developments in the wake of reports of the launch of Singaporean giant DBS’ forthcoming digital asset exchange.

Although DBS

Chinese steel mills and power stations have started buying more coal from Mongolia after Beijing imposed a ban on imports from Australia;  but price, quality and logistical difficulties mean it will not be easy for some users to make the

China and Mongolia are expecting lower tariffs in bilateral trade after Mongolia’s recent accession to the Asia-Pacific Trade Agreement (APTA), China’s Ministry of Commerce said on Monday.

Starting on 1 January 2021, Mongolia will cut tariffs on 366 categories of commodities,

Elixir Energy  is ramping up works at its fully owned Nomgon IX coal-bed methane production sharing contract in Mongolia. The company has engaged its Mongolian drilling contractor Erdenedrilling to put a second drill rig to work on the Hutul 1S

The Financial Action Task Force (FATF) removed Mongolia from its grey list on Friday night.

Mongolia was added to the FATF’s grey list in October 2019 after the country failed to pass requirements to combat money laundering and the financing of

NVTs LLC is an important egg, poultry and meat products company located in the Tuv (Central) Province. The firm was established in 1998 and boasts an automated poultry farm in the Bayanchandmani Soum (rural district) of the province. Since then,

To date, 548 gold licenses have been issued in Mongolia. As a part of the Gold-II programme by the Mongolian Government, soft loans totaling MNT 107 billion have been allocated to gold explorers. As a result, Mongolia has earned over