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.
Mongolia received agricultural machinery from China on Thursday. This is being covered by a soft loan from the Chinese government.
Chinese Ambassador to Mongolia Xing Haiming said that the machinery, provided within the framework of a project on promoting agricultural production
The official date for the start of the spring cultivation in Mongolia, was 8 May; however, in many regions, it has been delayed due to extreme weather.
As of 21 May, cultivation has taken place over a total of 182.9 thousand
The executive board of the Development Bank of Mongolia met on Monday (20 May) and dismissed CEO B.Batbayar from the job. He had been worked as the head of the Development Bank since the 2016 parliamentary election. His replacement as
Kaisun Holdings Limited and China Railway Engineering Construction Mongolia have signed an agreement for the construction of the Mongolia Choir Railway Platform. This project opens up logistic opportunities along the China, Mongolia and Russia corridor by providing full supply chain
In the first quarter of 2019, Mongolia’s Gross Domestic Product (GDP) rose to MNT 3.5 trillion and increased by MNT 279.9 billion in comparison to the 2010 figures. The growth was contributed by increases in the non-manufacturing sector by MNT
Known as the Dubai Agreement, a 2015 expansion deal for the Oyu Tolgoi copper and gold mine, has been under scrutiny by a parliamentary working group. Very senior figures were involved in signing the agreement, the transparency of which has
In the first four months of 2019, Mongolia’s coal exports increased by 11.7 percent year-on-year. According to the Mongolian Customs General Administration (MCGA), nearly 11.4 million tons of coal were exported to China during the period, which was worth USD
Mongolia’s foreign exchange reserves rose to 3.7 billion U.S. dollars at the end of March. The amount increased by 200 million dollars since the end of 2018, said E.Atarbaatar, head of the Reserve Management and Financial Markets Department at the