According to the StartupBlink 2020 Global Rankings Report, Mongolia is ranked 93rd out of the top 100 and Ulaanbaatar entered for the first time this year at rank 690 out of 1,000 cities. A global startup ecosystem map and research

Weir Minerals has been working with miners in Mongolia for more than two decades, beginning with the Oyu Tolgoi mine began during the engineering design phase of the project through to construction commissioning and running.

One of the largest gold and

In the Mongolian VAT Lottery Draw, held on 19 July, 286 people won MNT 1 million each, 29 others MNT 3 million each and four people MNT 5 million. Also, one extremely lucky person has won MNT 30 million with

A noteworthy example in this regard comes from Mongolia’s mining industry, a sector which has received significant concessions as part of India’s recent economic package. To respond to the economic crisis arising from the pandemic, the Indian government has announced

The coronavirus crisis has hit commodity-dependent countries hard as economic lockdowns have shattered global demand for their exports.

According to forecasts by the International Monetary Fund and the World Bank, for example, Mongolia’s GDP is expected to shrink by almost 11%

The Mongolian banking sector may undergo a significant consolidation over the next few years due to tighter legislation and its enforcement, Fitch Ratings says. The strong majority retained by the incumbent party in the country’s parliamentary election in June should

The U.S. Dollar exchange rate against the Mongolian Tugrik has reached a historical high in the past few days, with the exchange rate standing at 2832.22. Separately, the Tugrik fell against the Chinese currency to MNT 404.12 per Yuan.

On 26

The majority of the female labour force in Mongolia is concentrated in the retail and service sectors, which are sensitive to downturns in consumer spending like those in the current economic crisis. While the government’s Covid-19 stimulus package includes relief