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IMF bailout for Mongolia?

A working group from the International Monetary Fund (IMF) held an online meeting with Mongolian government officials on 11-13 May. During the discussion, Mongolia requested emergency financial assistance under the Rapid Financing Instrument (RFI) to meet urgent payments of the

Over 130,000 Mongolians return home amid COVID-19 lockdowns

More than 130,000 Mongolians have returned home since 26 January; over 3000 of them were evacuated on the 15 charter flights and the remaining 5007 by trains or buses.

Last week, Mongolia evacuated 1070 of its nationals from Russia, Turkey and

Seven critical patients returned from India with charter flight

Mongolian doctors have successfully treated two more patients with COVID-19, bringing the number of recoveries to 26, reported D.Nyamhuu, Director of the National Centre for Communicable Diseases (NCCD).

Earlier today (19 May), Mongolia evacuated 158 its nationals from New Delhi, city

Buddha repatriates three Mongolian citizens from Kathmandu

In order to join the emergency repatriation flight from India to Mongolia, three Mongolian nationals who had been stranded in Kathmandu were flown to New Delhi. A Buddha Air plane departed for Indira Gandhi International Airport in New Delhi yesterday

Nightmare for Mongolia’s exporters

According to the National Statistics Office, Mongolia’s exports fell by 45.3 percent in the first quarter of 2020 due to the coronavirus restrictions compared to same period last year. In the first quarter of 2020, Mongolia traded with 121 countries

Meet Amara – Mongolia’s first virtual model

We introduce you to Amara – Mongolia’s first ever virtual model. Amara, or virtual beauty, was created by talented Mongolian 3D artists; namely A.Enkhbayar and A.Tumen under a VR model project. The project is being initiated by N.Belguuntei who wishes

Ulaanbaatar International Marathon postponed

The Ulaanbaatar City Administration hosts the “UB International Marathon” annually on the third Saturday of May. Also, this day is well-known as being a “car-free day” in the centre of the Mongolian capital to promote public health and sports. However,

Mongolia’s Covid-19 railway doctors

Mongolia’s international passenger train services to Russian and China have been suspended until 31 May under the decision of the National Emergency Commission in order to prevent the spread of coronavirus. But, domestic trains in Mongolia travelling to 15 destinations

Over 22 thousand Mongolian students to enter job market

University graduates are poised to enter one of the most difficult job markets in Mongolian history. Over 22 thousand students are expected to graduate with a university degree this academic year, according to the statistics. They will do so amid

Ulaanbaatar Smart Card suffers USD 1.4 million

Mongolia introduced a new payment system to public transportation in 2015.  Ulaanbaatar Smart Card, a subsidiary of the Korean Tmoney Company, suffered a 1.79 billion Korean Won (USD 1.4 million) loss in 2019, following a 1.82 billion Won loss the

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