In the VAT Lottery Draw held on 18 October, three people won MNT 5 million each, 27 people 3 million each and 290 people MNT 1 million. Over 56 million receipts registered between 1 and 30 September.

Adopted by parliament in

Euromoney magazine has named Khan Bank the 2020 Best Domestic Bank in Mongolia again. The award recognizes contributions that the world’s financial institutions have made to their societies and economies; the new products and services made available to customers and

According to statistic office, Mongolia has employed 4400 thousand foreign workers from 92 foreign countries with labor contract in the third quarter of 2020. Compared with the same time of the 2019, the number of countries decreased by nine and

Oyu Tolgoi is proud to be awarded the Copper Mark, the copper industry’s new responsible production program.

To be awarded the Copper Mark, Oyu Tolgoi has demonstrated that it meets over 30 criteria for responsible environmental, social and governance operating practices.

Oyu

Mongolia’s gross domestic product is projected to contract by 2 to 4 percent in 2020 due to the prolonged containment measures on the COVID-19 pandemic, the country’s central bank said on Friday, possibly sending the country into its first recession

Mongolia failed to fulfill its goal to export 40 million tonnes of coal this year due to the COVID-19 restrictions. However, the Mongolian Cabinet is planning to increase coal exports to 42 million tonnes in 2021 based on optimistic forecast

The Council of the European Union (EU) has removed Mongolia from the EU list of non-cooperative jurisdictions for tax purposes, reported Finance Minister Ch.Khurelbaatar.

The country was removed from the list after it deposited the instruments of ratification of the Convention

Massive ore handling chutes produced for the Oyu Tolgoi mine in Mongolia’s South Gobi region have opened a new expansion window for Murray Mining Services in the country. Previously, it was believed that these huge chutes could not be manufactured