The Research Centre for Economic Policy and Competitiveness has issued reviews conducted on banks operating in Mongolia. There currently are 13 commercial banks in the country. According to the Central Bank of Mongolia, the most influential banks are the ‘big

Mongolia’s economic growth is expected to decline sharply in 2020 due to the COVID-19 pandemic but rebound in 2021 as the outbreak subsides, according to a report released Friday by the Asian Development Bank (ADB).

In its Asian Development Outlook 2020,

Rio Tinto is facing the latest revolt from investors in its huge copper and gold deposit in Mongolia’s Gobi Desert.

Pentwater Capital, the US hedge fund, is seeking the appointment of a new independent director to represent the interests of minority shareholders

Last year, a total combined area of 478 thousand hectares was cultivated for crops in Mongolia. The cultivation starts mostly in late-April or early May.

Earlier today (3 April), the Ministry of Food, Agriculture and Light Industry announced that a soft

In 2013, the Mongolian government started implementing a mortgage loan programme to increase the affordability and accessibility of apartments for urban residents, particularly young families and those living in ger districts. As of December, 2019, over 95,000 borrowers had received

Mongolia exported some 90,000 tons of coal to China in March, the Mongolian Customs General Administration (MCGA) said on Thursday (2 April). The country resumed exporting coal to China in mid-March after a halt beginning 10 February due to the

The Mongolian-Russian joint venture Ulaanbaatar Railway made a historic achievement in 2019 by transporting an unprecedented volume of freight. The Mongolian line is extremely important – it is an extension of the famous Trans-Siberian Railway and links Asia with Europe.

As countries try to stem the spread of coronavirus pandemic, tourists have cancelled travel plans amidst confusion over health risks, quarantine measures and possible disruption. In Mongolia, 70% of tourists who have booked travel to the country this year have