The Research Centre for Economic Policy and Competitiveness has issued reviews conducted on banks operating in Mongolia. There currently are 13 commercial banks in the country. According to the Central Bank of Mongolia, the most influential banks are the ‘big

The Mongolian Institute of Astronomy and Geophysics has reported that an earthquake with a magnitude of 3.9 has struck the western Khovd Province of the country on Monday.

The earthquake took place 78 km from the Altai Soum in the southeast

The skins of three snow leopards have recently been seized, the Ecological Police Department (EPD) reported on Monday.

Several men were arrested in late March while attempting to sell the skins in the Songinokhairkhan district of Ulaanbaatar, the EPD said in

Eight summer houses have been destroyed in a fire on Yargait Hill in the Chingeltei District of Ulaanbaatar. The blaze occurred earlier today (7 April). The National Emergency Management Agency received a call about the fire at 8.25 a.m.

A total

Earlier today (7 April), the National Centre for Communicative Diseases reported that two more Mongolians have been discharged from hospital after having fully recovered from coronavirus. Previously, two Mongolian women were discharged from hospital on 31 March. The two, who

A new football and athletics stadium is under construction in the  Bayanzurkh District of Ulaanbaatar . The stadium is located just west of the General Authority for Border Protection of Mongolia. The stadium covers 1.8 hectares area which returned to

Transport Police Department of Ulaanbaatar received 327 calls on road accidents at the weekend (4-5 April). It is reported that two people died of accidents on local roads and 17 people were injured; three of them were children.

Police have confirmed

Most countries affected by coronavirus pandemic have closed their borders and issued travel bans in order to prevent the spread of infection. According to L.Munkhtushig, Director General at the Consular Department of the Foreign Ministry, a total of 6313 Mongolian

Earlier today (6 April), Mongolia reported its 15th cases of COVID-19 after another Turkish national was confirmed having the coronavirus infection. According to officials, the Turkish national has not displayed any symptoms but  tested positive. Subsequently, 12 people who had

Mongolia’s economic growth is expected to decline sharply in 2020 due to the COVID-19 pandemic but rebound in 2021 as the outbreak subsides, according to a report released Friday by the Asian Development Bank (ADB).

In its Asian Development Outlook 2020,