On Monday, annual inflation in Mongolia was 9.2 percent in July 2023, the National Statistical Committee announced.

It is noted that the inflation rate was directly affected by the increase in prices for food products, soft drinks and mineral water by

(MCA – MONGOLIA)
INTERNSHIP ANNOUNCEMENT
Closing date: 17.00 ULAT, August 15, 2023

NON-PAID INTERN FOR THE FINANCE UNIT

“Millennium Challenge Account – Mongolia” or MCA-Mongolia is a state-owned entity established by Government Resolution No 297, dated October 2018. MCA-Mongolia is established to implement

The People’s Bank of China (PBOC), China’s central bank, said Tuesday that upon approval by the State Council, it renewed a currency swap agreement for another three years with its Mongolian counterpart, the Bank of Mongolia.

The value of the currency

Erenhot, the largest land port on the China-Mongolia border, has seen its fruit and vegetable exports to Mongolia double in both volume and value over the first six months of this year, according to local customs.

Exports during the period totaled

TMK Energy says it has proven mobile gas can be flowed to surface at its Gurvantes coal-seam gas project in Mongolia’s South Gobi Basin, flaring first gas from its Lucky Fox-1 well for three hours.
The company says it will now

The Asian Development Bank has raised MNT 35 billion in its first health bond denominated in the local currency of a borrowing member. The issue sets a milestone for health-focused local-currency bonds.

The bond carries a 11.25 percent semi-annual coupon with

Petro Matad Limited  shares shot up nearly 60 percent in Thursday’s early deals as the explorer landed a new permit from the authorities in Mongolia.

The company, which for over a decade has sought to unearth oil resources from the Mongolian

Mongolia received a total of 339,517 foreign tourists in the first half of this year, up 75.7 percent year-on-year,  reported the Ministry of Environment and Tourism.

Russia, China and South Korea were the biggest sources of tourist arrivals for Mongolia in