Mongolia becomes the first country in Asia which has fully complied with a total of 40 recommendations issued by the Financial Action Task Force (FATF).
In 2017 FATF reviewed the activities related to money laundering, combating terrorism, and illegal financing in

Fitch Ratings has affirmed Mongolian coal producer Mongolian Mining Corporation’s (MMC) Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’. The Outlook is Stable. Fitch also assigned a ‘B’ final rating to the US dollar senior exchange notes due September 2026,

The Mongolian central bank’s monetary policy council has decided to keep the benchmark interest rate unchanged at 13 percent.

The decision was made “given the current and future state of the economy and financial markets, external and internal uncertainties or risks

South Korean big-box retailer Homeplus has entered the Mongolian market for the first time, signing a strategic partnership with the country’s retail giant, Circle Group.

The deal aims to bring over 200 Homeplus private brand (PB) products, from processed foods to household

The U.S. Department of State, represented by Under Secretary of State for Economic Growth, Energy, and the Environment Jose W. Fernandez, and the Ministry of Mining and Heavy Industry of Mongolia, represented by Minister J.Ganbaatar signed on June 27, 2023

After promoting sustainable livestock farming and education for two decades, the Swiss Agency for Development and Cooperation (SDC) will discontinue its programme in Mongolia at the end of 2024. The SDC opened its cooperation office in Mongolia’s capital Ulaanbaatar in

Xanadu Mines has revealed its massive Mongolian copper-gold Kharmagtai deposit is now connected to the local electric grid, paving the way for current and future construction and exploration activities.
The company says its vital 35,000-volt connection to the Mongolian Southern Electricity

Today (23 August), Mongolian-Japanese Business Forum has taken place in Ulaanbaatar . The conference brings together business leaders from both countries to discuss trade and mutual economic development. According to a press statement, particular focus will also be directed at