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Mongolia to face Covid-19 economic impact from June

The UN’s trade and development agency says the slowdown in the global economy caused by the coronavirus outbreak is likely to cost at least $1 trillion. The recent outbreak of the novel coronavirus has affected the global industry logistics system.

ADB provides $1.4 Million to Mongolia for fighting COVID-19

The Asian Development Bank (ADB) has reallocated $1.4 million from a health project in Mongolia to procure essential medical equipment for early detection, emergency care, and management of severe respiratory diseases in the wake of the novel coronavirus (COVID-19) pandemic.

UFE introduces high technology of AWS partnering with FIBO CLOUD

The UFE is successfully running online courses from 2015, and always seeking new according to its goal of 2018 to become ‘Entrepreneur, Technology-Based University’. To accomplish this goal and to introduce world standardized high technology in its training activity for

Mongolia-Japan Teaching Hospital not to be privatized

Earlier today (18 March), the Mongolian Cabinet took steps to solve the confused situation regarding the Mongolia-Japan Teaching Hospital. Minister of Education, Culture, Science and Sports Yo.Baatarbileg said that talk of the privatization of the hospital was false and it

Most Mongolian men tie the knot at age 29

Some statistics have been issued, which have nothing to do with Covid-19. Following on from the data issued regarding Mongolian women, to coincide with International Women’s Day, here some information about the other half of the population: In Mongolia, there

Mongolia’s gold purchase rises tenfold

The Central Bank of Mongolia, also know as Mongol Bank, purchased 952.6 kg of gold from legal entities and individuals in February, 2020; this is an increase of tenfold on the same month in 2019. This sharp rise of gold

City-wide sterilization begins in Ulaanbaatar

Earlier today (17 March), a city-wide sterilization began in the Mongolian capital, Ulaanbaatar, in order to prevent the spread of the novel coronavirus. The sterilization began at 2.00 p.m. on Sukhbaatar Square, which is from where all distances in Mongolia

Special Covid-19 service at Mongolian monastery

On Sunday (15 March), all the Mongolian Buddhist lamas at the Gandantegchinlen Monastery in Ulaanbaatar gathered to pray about the global coronavirus pandemic. This important act of worship was closed to the public in accordance with the government decision to

Mongolia forbids import of crashed cars

It has become common for crashed or damaged cars to be imported to Mongolia and then to be sold after having been repaired. According to statistics, 30 percent of car imports in Mongolia are of vehicles which are at least

Mongolian State Department Store fined for ‘fixing’ meat prices

The Mongolian Government has warned businesses against ‘price gouging’ during the time of an advanced emergency readiness and preparation for preventing the spread of the killer coronavirus that has killed over 5800 people globally. As the epidemic spreads across the

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