Mongolia has halted uranium explorations in three soums (districts) of the Dundgobi Province after the Gurvansaikhan Company failed an inspection conducted by a working group from the Metropolitan Professional Inspection Department and nuclear and radiation experts. It was discovered that

Mongolia’s exports of coal for all applications in May doubled from April to nearly 2.2 million tonnes, despite being 40.9% lower on year, according to recent data from Mongolia’s Customs. As concerns about the COVID-19 pandemic eased in the country,

Applications for Mongolian unemployment benefits have increased due to the pandemic closures. The number of registered jobless people increased by 10.6 percent in January-May, 2020 compared to same period last year. In addition, the number of active job seekers increased

Due to the COVID-19 pandemic, Mongolian economy is frozen as many businesses had to close in order to prevent the spread of the coronavirus infection. The budget deficit sharply rose in the first five months of 2020 amid spending increases

A total of 810 China-Europe freight trains passed through the border crossing of Erenhot in north China’s Inner Mongolia Autonomous Region between 1 January and 9 June  of this year, an increase of 23.7 percent year-on-year, according to the local

It has been five months since COVID-19 pandemic spread to 216 countries. During the coronavirus lockdown months, Mongolia’s foreign trade turnover was USD four billion; a decrease of USD 1.3 billion from the previous year.

Mongolia traded with 131 countries in

Two training centres that will help build competitive leather and textile industries in Mongolia have been officially opened. The Industry of the Future blended learning centre is located at the Experiment, Manufacturing and Business Corporation of Light Industry (ARMONO), and

As a developing nation, rich in natural resources, Mongolia’s economy is dependent on its southern neighbour, China, which buys practically all its copper and iron ore and coking coal. With the onset of the coronavirus pandemic, Mongolia had to take