Most tourists come to Mongolia during the warmer months like summer and autumn while we accept 23 percent of foreign tourists in winter time.
Most tourists come to Mongolia during the warmer months like summer and autumn while we accept 23 percent of foreign tourists in winter time.
Almost 80 percent of Mongolia’s oil payments go through this bank.
MIAT Mongolian Airlines is set to receive its first Boeing 787-9 aircraft. It will enable the Ulaanbaatar-based airline to fly to European and North American cities, opening up a whole raft of new possibilities for intrepid travellers. The aircraft will
The Mongolian government on Wednesday imposed a 12-month ban on the issuing of licenses for mineral exploration. ‘The ban is part of the government’s efforts to create responsible mining, explained officials. Currently, there are 2,889 active mining licenses.
During the term,
Mongolia isn’t a country commonly associated with luxury. But some of the world’s biggest luxury brands are betting on it. Chinese consumers are the trump cards Mongolia is counting on.
For years, Mongolia’s economy has depended on mining — in particular
Mineral-rich Mongolia’s first oil refinery is under construction in the southeastern province of Dornogovi, with an expected date of commissioning in late 2022.
As of 15 December, Mongolia has extracted a total of 6.39 million barrels, or 867,100 tons, of crude
Mongolia received a total of USD 1.56 billion in foreign direct investment (FDI) in the first 10 months of this year. The figure was down 6 percent compared with the same period last year, said B.Batmunkh, director general at the
‘The steady increase of Mongolia’s coking coal output will keep supporting the country’s coal exports, but the transportation bottleneck will likely remain over the near term,’ said Xiao Jiahua, Deputy General Manager of the Energy Sources Business Centre at the
Mr Marshall Billingslea, Assistant Secretary for Anti-Terrorism Financing at the U.S. Treasury Department visited Ulaanbaatar last week. This comes after Mongolia was added to the grey list of the anti-money-laundering organization FATF, in October. The inclusion, doubtless, raised many eyebrows
Historical and cultural ties between Mongolia and Turkey date back thousands of years, Mongolia’s ambassador in Ankara said.
At a reception in the capital Ankara marking Mongolia’s 95th anniversary and 50 years of diplomatic ties with Turkey, Ambassador R.Bold said that