The volume of Mongolia’s foreign debt has reached 220 percent of the country’s GDP, reported Mr. Juan Pablo Bohoslavsky, UN Independent Expert on the effects of foreign debt, who has been on a mission to Ulaanbaatar. During his visit, which

‘Ulaanbaatar Partnership 2019’, an international autumn trade fair on consumer goods and commodity products will take place on 12-15 September, at the Misheel Expo Centre in Ulaanbaatar. The annual event is being organised by the Mongolian National Chamber of Commerce

Mongolia’s coking coal exports remain an integral part of the country’s export income and increased efforts are needed to compete against other coal-producing nations and solve challenging transportation issues, senior executives from trade associations and mining companies said on Thursday

The South Korean government has unveiled the blueprint for a proposed railroad link that it hopes to pursue in partnership with North Korea,

The blueprint was unveiled at an international seminar of the East Asian Railroad Community which was held in

The Mongolian Central Bank bought a total of 9.6 tons of gold from legal entities and individuals in first eight months of 2019; this represents a decrease of 2.5 tons or 21 percent on the previous reporting period.

The Bank of

Earlier today (29 August), S.Amarsaikhan, Mayor of Ulaanbaatar held a meeting with Ms.Irina Kravchenko, Head of Resident Office of the European Bank of Reconstruction and Development in Mongolia and Ms. Svetlana Radchenko, EBRD Senior Banker in charge of infrastructure affairs.

At

On Wednesday (28 August), an extended meeting was held over the construction of the highway between Ulaanbaatar and Darkhan. The meeting was attended by the officials responsible for project implementation, the general contractors, the subcontractor and other stake-holders.

At the meeting,

Mongolia possesses a liberalised and competitive telecoms market served by multiple competing players, reports Research & Markets.

The growing popularity of mobile broadband has underpinned overall broadband and telecoms growth. This trend is consolidating Mongolia’s position as a mobile first telecoms