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Mongolia raises benchmark rate to 12 percent

Today (20 September), the Bank of Mongolia raised the country’s benchmark rate by 200 basis points to 12 percent, the fourth this year, for a total of 600bp of monetary tightening.

The increase brings the policy rate to its highest level

Mongolian President departs to the U.S. for UN General Assembly

Today (19 September), President of Mongolia U.Khurelsukh has departed to the U.S. to attend the 77th session of the United Nations General Assembly at its headquarters in New York City. The session will take place on 20-26 September .

The 77th session

Inflight Dublin signs partnership with MIAT Mongolian

Inflight Dublin has been selected by MIAT Mongolian Airlines to provide inflight entertainment (IFE) content and wireless solutions.

Inflight Dublin will be deploying its wireless IFE solution, Everhub, on four of MIAT’s aircraft including three B737’s and one B767. The DO-160G

Mongolian Buddhist monastery, stupa to be set up at Buddhavanam

Ambassador of Mongolia in India, D.Ganbold met with Indian State Minister for Tourism and Culture V Srinivas Goud on Thursday to discuss the setting up of a Mongolian Buddhist monastery and stupa at Buddhavanam near Nagarjunasagar.

H.E. Mr. D.Ganbold requested to

Mongolian President holds meeting with Vladimir Putin and Xi Jinping

Mongolian President U.Khurelsukh said on Thursday that he supports the construction of oil and gas pipelines from Russia to China via Mongolia.
Speaking via translator at a trilateral meeting with Russian President Vladimir Putin and Chinese President Xi Jinping at a

From Hollywood to Mongolia: Developing Mongolian film industry

Today (15 September), Mongolia’s Prime Minister, L. Oyun-Erdene, has met  with major Hollywood studios and film companies to discuss how they can work together to further develop and promote the Mongolian film industry internationally.

Attendees at the meeting included senior representatives from HBO, Netflix,

Two month training programme for Mongolian emergency rescuers

China on Tuesday held online training courses for 200 Mongolian emergency rescuers in Hohhot, north China’s Inner Mongolia Autonomous Region to support the country’s emergency response capabilities.

Four online trainings are scheduled to be conducted within two months. Mongolian trainees will

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