Global luxury brands have long admired the quality and fine texture of Mongolian cashmere. Therefore, Mongolia’s best luxury cashmere producer ‘Khaan Khishigt’ has received orders for 100 tonnes from Italy. According to N.Batkhishig, a representative from the ‘Sustainable Cashmere Development’

People in Need INGO with support from the Embassy of the Federal Republic of Germany (German Embassy) in Mongolia is providing – for the third time – an additional round of support to 1600 vulnerable children with nutrition, education and

Mongolia’s gross domestic product fell 6.1 percent in the first quarter compared to the same period last year, the country’s National Statistics Office said on Wednesday (20 May).

The country’s economy amounted to 7.2 trillion Mongolian tugriks (over 2.5 billion U.S.

“The peoples of the United Nations have (…) reaffirmed their faith in fundamental human rights, in the dignity and worth of the human person and in the equal rights of men and women and have determined to promote social progress

The cost of expanding Rio Tinto’s Mongolian copper project could be cut by almost USD 1 billion under a surprise Mongolian government plan that could increase the host nation’s long-term influence over Rio and the project.

The Mongolian government has told

For years, it seemed that cashmere production simply wouldn’t be able to keep up with exploding demand. The expansion of luxury groups and the fine knits purveyors nearly caused the supply chain to buckle. But now, in a pandemic-stricken economy,

A working group from the International Monetary Fund (IMF) held an online meeting with Mongolian government officials on 11-13 May. During the discussion, Mongolia requested emergency financial assistance under the Rapid Financing Instrument (RFI) to meet urgent payments of the

According to the National Statistics Office, Mongolia’s exports fell by 45.3 percent in the first quarter of 2020 due to the coronavirus restrictions compared to same period last year. In the first quarter of 2020, Mongolia traded with 121 countries