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

The production of the industrial sector in Mongolia reached MNT 15.6 trillion  in seven months, increasing by MNT 5.4 trillion or 53.2 percent compared to last year.

This was due to the increase of the mining production by MNT 4.3 trillion

Mongolian tourism businesses paid MNT 63.6 billion  in taxes as of the first half of this year.

a total of 1,320 companies and organizations paid MNT 87.1 billion in 2019 which is increased by 50 percent of tax revenue or MNT

The growth in prices for consumer goods and services increased by 9.2 percent in July 2023 compared to the previous year.

Inflation increased by 6.8 percent compared to the end of last year and decreased by 0.3 percent compared to the

Mongolia, a landlocked country in East Asia, is now home to an impressive new glass greenhouse spanning over 800 square meters. This innovative project aims to revolutionize vegetable cultivation in the region, ensuring a steady supply of fresh, locally-grown produce.