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2020 MONGOLIA INVESTMENT CLIMATE STATEMENT

Mongolia’s frontier market and vast mineral reserves represent potentially lucrative opportunities for investors, but a high-risk macroeconomic environment and lack of input from stakeholders during rulemaking warrant caution.  Mongolia’s economic model of exporting minerals and importing most other goods means

‘King Tug’ promoting traditional Mongolian script

Mongolia’s King Tug (N.Tugstsogt) will fight against 27–year-old Mexican boxer Eduardo Ramirez on 19 September. His opponent, Eduardo Ramirez has 23 wins, two defeats and three ties. Currently King Tug is undergoing intense training. He chooses a unique outfit for

Mongolia winning battle against COVID-19

Today (14 September), two more people were discharged from the National Centre for Communicative Diseases after having fully recovered from the coronavirus infection that has killed over 928,000 people in the world.

As of today, Mongolia has reported 310 confirmed cases

Fossil skull of armoured fish discovered in Mongolian mountains

A 410-million-year-old fossil of an armored fish has completely changed the history of sharks, according to a newly published study. The fish, known as Minjinia turgenensis, had a skeleton made of bone, as opposed to the cartilage that sharks are

World Bank and Mongolia sign agreements for USD 21 million

Mongolia and the World Bank have signed two agreements totaling USD 21 million to mitigate the impact of the COVID-19 pandemic on the economy and society and protect medical workers from the virus. The agreements were signed by Ch.Khurelbaatar and

FIFA supporting the development of women’s football in Mongolia

In terms of infrastructure and facilities, Mongolia remains light years behind many other Asian countries. But having said that, football is developing in leaps and bounds. The country naturally has got strong players – both physically and mentally. The Mongolian

Free entry to Mongolian museums for children

All state-owned and local museums across Mongolia are now providing free entry to children. Under a decree of the Mongolian Minister of Culture, state-owned and local museums are obliged to offer free entry to children under the age of 18

Mongolia to receive flu vaccines from Brazil

Mongolia will receive 250,000 doses of flu vaccines from a leading Brazilian vaccine producer. The flu vaccine import was arranged by the World Health Organization (WHO), according to the authorities.

It will the first time for the Butantan Institute, a laboratory

Mongolian coal trucks entering China hits record number

A record number of Mongolian coal freight trucks has entered to China at once in August. In total, 2,233 heavy-duty trucks laden with coal entered China from Mongolia via four border points, namely Gashuunsukhait, Shiveekhuren, Bulgan and Khangi, hitting an

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