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.
According to the Central Bank of Mongolia, also known as Mongol Bank, the national foreign currency reserve has hit USD 3.9 billion. This will cover the country’s demand of foreign currency for nine months’ import trade.
However, the Mongolian Government needs
As the 2020 Mongolian State Budget is being discussed, there is outrage that lawmakers are forgetting about human lives.
Every year, 4400 people die of cancer. Mongolia only has one Cancer Centre; its director, J.Chinburen, is begging the government to approve
Having failed to adequately comply with the recommendations of the Financial Action Task Force (FATF), concerning anti-money laundering and counter-terrorism financing measures, Mongolia has been added to the FATF’s grey list along with Iraq, Zimbabwe and N.Korea.
Specialists at the Paris-based
Mongolia attracted over USD 1.3 billion of foreign direct investment (FDI) in the first eight months of 2019, the Central Bank has reported. The number reflects a four percent decrease on the same period last year.
The majority of the total
Oyu Tolgoi (OT) has reported its third quarter performance results for 2019. The company achieved an All Injury Frequency Rate (AIFR) of 0.18 per 200,000 hours worked. To reinforce safety culture across its wider community OT is campaigning for safer
The Mongolian capital, Ulaanbaatar, has secured support from the Asian Development Bank and the International Finance Corporation to build 10,000 new energy-efficient homes.
The municipality has signed a Memorandum of Understanding with the banking institutions to implement the Excellence for Design
The total savings of Mongolians reached MNT 13.8 trillion or USD 5.1 billion at the end of August. The figure represents an increase of 18 percent on the same period 2018.
The Bank of Mongolia has launched a national campaign to
The Central Bank of Mongolia – also known as Mongol Bank – has launched its Sinraptor coin as a part of the New Dinosaur Coin Series. The silver 999 coins are 38.61 mm and Gold 9999 coins are 11 mm.
The