Mongolia’s trade volume has decreased by 21.3 percent to USD 1.5 billion in first two months of 2020. It was reported that exports fell by 29.5 percent and imports by 10.4 percent as the country closed its borders with China

The Central Bank of Mongolia, or Mongol Bank, is preparing to sell silver bars. At the request of individuals and organisations, 1 oz and 1000-gram bars, as well as a 4kg package of balls will be sold. The silver will go

Once a rare luxury, fashion items made from cashmere are now readily available from most High Street and online fashion retailers in the UK, US and other developed countries. With global prices having risen more than 60% since the 1980s,

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