Bank deposits in foreign currency amounted to MNT 3.6 trillion in the first two months of 2020. This is an increase of 20.3 percent on the same period the last year. This will be important for supporting growth, especially when
Mongolian rock phenom The Hu is stranded in Australia after their home country suspended travel to and from outside countries. The band is now hunkered down at an Airbnb in the Sydney area, attempting to save money after being forced
The Belarusian automobile engineering company BelAZ has shipped a bulldozer and several dust control sprinklers to Mongolia. While Mongolian mining companies have known BelAZ haul trucks with the carrying capacity of 30-220 tonnes for quite some time, the BelAZ-78231 bulldozer
The Mongolian Democratic Party has presented its election programme to the National Audit Office. The election programme was approved at an online meeting of the policy committee of of the party earlier today (24 March)
Earlier today, the Mongolian National Chamber of Commerce and Industry held a press conference over the impacts of the coronavirus outbreak on business. The organization conducted economic survey covering over 1100 enterprises actively operating in Mongolia. The findings were bad:
As the coronavirus pandemic hits 192 countries and the death toll soars, Mongolia has evacuated nearly 1000 people from South Korea, Japan and Europe this month. The process, however, is being constrained by the country’s ability to receive and quarantine
Mongolia is experiencing a range of extreme weather events. Earlier today (24 March), the first rain fell in Khovd province whilst 17-23 cm of heavy snow fell in Bayan-Ulgii, Uvs and Zavkhan provinces. Strong dust storms with winds reaching18-20 meters
The Mongolian National Emergency Commission reported that 2223 people have been quarantined in the Bayan-Ulgii, Darkhan-Uul, Khuvsgul, Khentii, Bayankhongor and Zavkhan provinces. They will be released to self-quarantine at home after 14 days of isolation. If anyone who ordered to
Mongolia exported a total of 6.5 million of barrels of oil to China in 2019; the represents an increase of 355 thousand of barrels on the previous year, reported the Xinhua news agency.
The country’s oil exploration has increased ten-fold within
Today (23 March), Mongolia restarted coal deliveries to China after delaying border opening dates second times due to the coronavirus outbreak. Mongolia has stopped coal exports to China since 3 March. Earlier today, a working group including Deputy Speaker U.Enkhtuvshin,
