On Wednesday, Sep. 22 the Asian Development Bank (ADB) stated that the Mongolian GDP is projected to expand 4.6 percent this year on the back of constant economic recovery.

The most recent expansion estimate is marginally lower than the 4.8 percent

The President of Mongolia UвKhurelsukh addressed the General Debate of the 76th session of the United Nations General Assembly in New York on September 22.

In his statement, President U. Khurelsukh shared Mongolia’s views on global peace, security, sustainable development, good

 
Golomt bank has been named as the “Best Digital Bank in Mongolia” for the third consecutive year and seven years in total by the Global Finance, an internationally renowned magazine, which selects the world’s best financial institutions annually.
As a leader

Mongolia will build a hydropower plant in the western part of the country.

The Erdeneburen hydropower plant on Khovd River  will be constructed in the coming five years, with a soft loan from the Chinese government.

The 90-megawatt hydropower plant is considered

National operator Ulaanbaatar Railway has begun developing its first children’s railway, where school pupils will be able to gain experience of railway operations.

The children’s railway is under construction in Darkhan-Uul province of Mongolia. The 2.3 km railway is consists of

Despite Mongolia’s rich renewable energy resources, some hard-to-abate sectors are technically challenging to electrify, and other decarbonization options needs to be considered. The climatic conditions in Mongolia, particularly in the South Gobi region, provides the country with favorable conditions for

Mongolian Airlines (MIAT) operated the first-ever charter flight (OM7602) on which all passengers and air crew members used a digital health pass to verify their COVID-19 negative status. The flight was chartered by Rio Tinto to take its employees to

The steady decline in Mongolia’s exports of coal for all uses since June ended last month, with August exports soaring by 61.4% on month to 1 million tonnes, thanks to the recovery of truck transportation through key checkpoints on the

China will firmly support Mongolia in its fight against COVID-19, steadily cooperate on major bilateral projects between the two countries, said  Chinese Foreign Minister Wang Yi.
Mongolian Deputy Prime Minister S.Amarsaikhan met with Chinese Foreign Minister Wang Yi Thursday in Dushanbe,

A proposal to impose night curfew in Mongolian capital is proposed by Health Ministry in view of rising coronavirus cases. The time period of the curfew this could be from 10:00 p.m. to 06:00 a.m. According to officials, the curfew