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The steady rise of Mongolia’s foreign exchange reserve

Mongolia’s foreign exchange reserves are expected to reach 4.2 billion U.S. dollars by the end of this year.

Currently, the Central Bank of Mongolia, or Mongol Bank, has a total of 4 billion U.S. dollars of foreign exchange reserves. The figure

From Mt.Fuji to the Mongolian steppes

What can you teach the Mongolians about meat? The answer is: “not a lot!”. So how is that a Japanese meat dealer from Shizuoka, home to iconic Mt Fuji, is doing so well in expanding its business in the country?

What

Travellers can now bring more cash into Mongolia

When travelling, it makes sense to many people to carry some cash. Most countries have laws about how much cash you can cross their borders with. As for Mongolia, travellers may bring up to MNT 15 million in currency, coins

What To Expect From Mongolian Airlines’ First Boeing 787

MIAT Mongolian Airlines is set to receive its first Boeing 787-9 aircraft. It will enable the Ulaanbaatar-based airline to fly to European and North American cities, opening up a whole raft of new possibilities for intrepid travellers. The aircraft will

Mongolia imposes 12-month ban on the issuing mining licenses

The Mongolian government on Wednesday imposed a 12-month ban on the issuing of licenses for mineral exploration. ‘The ban is part of the government’s efforts to create responsible mining, explained officials. Currently, there are 2,889 active mining licenses.

During the term,

Mongolia achieves high-level development in sambo wrestling

Mongolia won two gold medals and 11 in total at last month’s World Sambo Championships in South Korea. This was enough for second place in the overall standings behind the sport’s dominant force, Russia.

Mongolia is officially one of the countries

Russian special vehicles supplied to Mongolian regions

Mongolian Cabinet has issued a resolution №419 to distribute special vehicles from official reserves for emergency needs to some provinces and soums where harsh winter conditions have occurred.

Earlier today, (19 December), the National Emergency Management Agency of Mongolia has distributed

Academic B.Byambaa receives Advanced Scientific Award

Famous Mongolian academic B.Byambaa has received the Advanced Scientific Award for his research work of Advanced Technology for Preventing and Treating Animals with Parasitic Diseases. He also has been awarded a cash award of MNT 100 million. B.Byambaa has been

‘Corrupt’ officials can now stand for election in Mongolia!

Earlier today (19 December) a final discussion on the election bill was held by the Parliamentary Standing Committee on State Structure. During the discussion, 11 controversial articles in the election bill were discussed. Speaker of Parliament G.Zandanshatar criticized one specific

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