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Mongolian new bond issue enhances country’s reputation among investors

On November 28, Mongolia priced a debt management exercise, funding a tender and the redemption of the USD 392.6 million bonds maturity in March 2024. The objectives of the transaction were to address near-term maturities,  extend the duration of the nation’s debt stock;  reduce cost;  further

Exim Bank to be expanded in Mongolia

The economic relations between the United States and Mongolia have strengthened in 2023, the U.S. Ambassador Richard Buangan said.

The U.S. worked to fully implement the bilateral Transparency Agreement and supported the government of Mongolia in meeting commitments to improve the

Representatives of Mongolia visits to Kazakhstan

Representatives of Mongolia’s Labor and Social Protection Ministry visited the public service centre in the Kazakh capital, Kazinform News Agency reports.

They got acquainted with the innovative projects of the Government for Citizens, including the documentation terminal and all-round-the-click automated box for issuing

All roads seem to lead to Mongolia

A report published by Rossiyskaya Gazeta cites a Russian deputy prime minister, Marat Khusnullin, as saying Moscow wants to extend the M-12 highway to China via Mongolia. Currently, the M-12 connects Russia to Kazakhstan. Expansion would facilitate growth in tourism and ground

The World Bank revises its growth forecast for Mongolia

The World Bank has revised its growth forecast for Mongolia in 2023 to 5.8 percent from 5.2 percent, due to strong rebounds in mining sector, private consumption and fiscal expansion, local media reported Wednesday.

“In the first half of 2023, Mongolia’s

UAE and Mongolia oversee exchange of agreements

Mongolian President U.Khurelsukh, who is on a working visit to the UAE, held meeting with President His Highness Sheikh Mohamed bin Zayed Al Nahyan.

During the meeting at Qasr Al Bahr in Abu Dhabi, Sheikh Mohamed and President U.Khurelsukh discussed cooperation

Children of Mongolian nomads forced to abandon herding

Mongolian children are abandoning nomadic herding in rising numbers due to climate change for life in the world’s coldest capital city where they face suffocating pollution and employment uncertainty, Save the Children said.

More than 30% of the Mongolia’s 3.4 million

B.Lkhagvasuren achieves goal by honoring stablemaster with title

Ozeki Kirishima B.Lkhagvasuren said Monday that winning the Kyushu Grand Sumo Tournament under the name he inherited from his stablemaster made the victory extra special. The 27-year-old from Mongolia is on the path for promotion to sumo’s highest rank, yokozuna, after clinching

Mongolian coal shipments to China declined

Mongolian metallurgical coal shipments to China through the Gantsmod land port declined in the week to  12 November amid winter weighing on coal deliveries, but overall year-to-date shipments remained sharply higher on the year.

Daily coal haulage via the Gantsmod port

Mongolia to build a metro line in Ulaanbaatar

Mongolia will start building a metro line in Ulaanbaatar in 2024 to address traffic congestion in the capital. “For the first time, the government made a decision to build a metro line in the capital, Ulan Bator,” B.Delgersaikhan, a cabinet

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