J.Ganbat, The Plenipotentiary representative of “Erdenes Tavantolgoi” JSC said that since the audit report has been finalized, 256,000 MNT of shares will be paid to citizens from tomorrow.
Earlier today (4 March), Mongolian farmers demonstrated outside the Ministry of Food, Agriculture and Light Industry protesting against the government’s decision to import 160 thousand tonnes of wheat from Russia. Previously, the ministry had announced that Mongolia could fully meet
The Asian Development Bank (ADB) has approved $40 million in loans to support the modernization of government-owned irrigation networks and vegetable production in Mongolia.
“The project will promote income and employment generation in rural areas,” said ADB Senior Natural Resources Economist
The ‘Build Mongolia-2020’ international construction, mining, road and renewable energy expo has been suspended as a measure for preventing the spread of the coronavirus infection in Mongolia. The expo was scheduled to take place at the Buyant-Ukhaa Sport Complex on
In the first two months of 2020 The Central Bank of Mongolia, or Mongol Bank, bought a total of 4.3 tonnes of gold from legal entities and individuals. The bank purchased 952 kg of gold in February; this represents an
Mongolia has set a goal to export 42 million tonnes of coal in 2020. However, the country was forced to suspended coal deliveries to China in mid-February as a measure to prevent the spread of Covid-19 across the border. Mongolia’s
The deadly coronavirus outbreak in China has forced Mongolia to suspend coal deliveries to its southern neighbour. Currently, Mongolia has lost USD 100 million of revenue because of the suspension of the coal export. Ulaanbaatar had set the goal of