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Mongolia offers visa-free travel for South Korean tourists

South Korean tourists now can enjoy travelling in Mongolia without a visa for up to 90 days until the end of 2024 after the visa-free regime comes into force on June 1, 2022.

The decision is part of the government’s efforts

IMF: Inflation expected to remain high in Mongolia

The International Monetary Fund (IMF) lowered its growth forecast for the Mongolian economy in 2022 to 1 percent, saying potential risks have already begun to materialize.

This came after IMF representatives led by senior economist Angana Banerji concluded a visit here

Restoring Yadam Temple at the Choijin Lama Temple Museum

  Project aims to provide opportunities for local capacity-building in traditional crafts and conservation techniques
Ulaanbaatar, Mongolia, May 6, 2022—Arts Council of Mongolia (ACM) and World Monuments Fund (WMF) today announced the start of physical conservation on the Yadam Temple, situated within

Dollar shortage hits Mongolian market

The Mongolian tugrik has since late January been steadily losing value against the dollar, while inflation has been mounting. There are several reasons for this, including increases in the prices of Russian gas, energy and wheat due to effects of

Mongolia aims to ship 36.7 million mt of met coal to China

China’s metallurgical coal supply is expected to remain limited in the second quarter of 2022, as coking sector’s inventories deplete and Mongolian coal suppliers face logistical hurdles, industry sources said April 13. Industry analysts see relatively lower seaborne met coal

Japan’s Foreign Minister plants trees in Mongolia

Japan’s Foreign Minister Hayashi Yoshimasa  attended a tree-planting event in Mongolia to mark 50 years of diplomatic ties between the two countries.

Hayashi visited Chinghis Khaan International Airport, about 50 kilometers south of the capital Ulaanbaatar on Monday. The airport opened

Mongolia to export cooking oil to South Korea

Mongolia will export cooking oil for the first time, as a rapeseed oil factory in the northern Mongolian province of Selenge has signed an agreement on exporting rapeseed oil.

The factory named “Selenge” on Tuesday signed the agreement with Dansuk Industrial

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