Prime Minister U.Khurelsukh attended a Mongolian – Kazakh business forum between during the second day of his official visit to Nur-Sultan. Over 60 delegates from Mongolian enterprises and more than 160 businessmen from Kazakhstan participated in the event.

Currently, Mongolia and

Engineers India Ltd (EIL) will begin construction of the long-awaited oil refinery in Mongolia. EIL, a PSU under the Indian Ministry of Petroleum and Natural Gas, is the project management consultant for the development of the oil refinery.

During an ongoing

Save the Children Japan (SCJ) and the World Bank today announced the launch of a USD 2.75 million grant for a project supporting vulnerable young people in rural Mongolia. The project—funded by the Government of Japan under the Japan Social

The Asian Development Bank (ADB) and the Mongolian government have signed loan agreements worth USD 103 million for three projects that will upgrade border checkpoints, complete a district hospital, and scale up road rehabilitation in the country.

Yolanda Fernandez Lommen, ADB

The purchase of gold by the Mongolian Central Bank dropped 22 percent from January to September 2019. In total it acquired 11.2 tons of gold from legal entities and individuals.

The bank explained that the drop can be attributed to the

Mongolian Airlines has indicated that it has secured the delivery of a Boeing 787-9, with the aircraft due to arrive on long-term lease in 2021. The widebody jet has been earmarked for the carrier’s first long-haul flights to the United

Mongolia launched construction of its first oil refinery last year. This has been a a long-awaited project; currently it is being funded by India and is designed to end the country’s dependence on Russian fuel imports.

Earlier today (2 October), the

Earlier today (27 September), the 17th “Discover Mongolia” forum kicked off in Ulaanbaatar. Although sounding more like an event for promoting tourism, ‘Discover Mongolia’ is one of the largest mining forums. At least 500 officials and investors from around a