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New Mongolian PM appoints his Cabinet

“The geopolitical situation is becoming increasingly complex. The government decided to immediately begin work and maintain the continuity of state policy. Therefore, a third of the previous government is retained,” G.Zandanshatar said.

Mongolians’ savings reach USD 5.8 billion

The Central Bank of Mongolia stated on Monday, 2 November, that the combined savings of the public  increased 22 percent year on year to 16.8 trillion Mongolian tugriks (almost USD 5.8 billion) at the end of the third quarter.

The bank

WHO makes a documentary about Mongolia’s approach to Covid-19

So far, Mongolia has confirmed only 349 cases of Covid-19 and it is one of the few countries that the virus has not been permitted to spread domestically.

Therefore, the World Health Organization has made a documentary about  Mongolia’s tackling Covid-19

Mongolia reports nine new cases of Covid-19 in three days

Over the weekend, nine new cases of coronavirus infection were detected in Mongolia.

As of 2 November, a total of 2354 people tested negative and nine- positive, including a 27-year-old woman who returned from Japan, three people who crossed the border

Mongolia launches project to strengthen response to COVID-19

On Friday, Mongolia launched a project to strengthen its response to the COVID-19 pandemic in cooperation with the European Union (EU) and the World Health Organization (WHO). The project dubbed “Mongolia’s response to the COVID-19 pandemic” will last three years,

More Korean language centres to be established in Erdenet

Named after the inventor of Hangul the Korean script, the King Sejong Institute has big plans for Mongolia. The organisation plans to expand its project to promote the Korean language and culture in Mongolia on the 30th anniversary of the

Mongolia closes two border crossings with Russia

Later today (30 October), the  Mongolian Government decided to close two border crossings with Russia for 21 days after two truck drivers were confirmed having coronavirus. The border crossings namely; Tsagaan Nuur and Borshoo have been open for the transportation

Mongolian Bank prepares crypto and digital offerings

Asian banks are edging yet closer to crypto and digital currency adoption – with Mongolian and South Korea banks unveiling ambitious new developments in the wake of reports of the launch of Singaporean giant DBS’ forthcoming digital asset exchange.

Although DBS

Mongolia to lower tariffs on products to South Korea

South Korea and Mongolia will lower tariffs on some products starting next year. This comes after Ulaanbaatar joined a regional trade pact known as the Asia-Pacific Trade Agreement (APTA), Seoul’s Finance Ministry said.

Under the deal, South Korea will reduce tariffs

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