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New Mongolian PM appoints his Cabinet

“The geopolitical situation is becoming increasingly complex. The government decided to immediately begin work and maintain the continuity of state policy. Therefore, a third of the previous government is retained,” G.Zandanshatar said.

Honest herder rewarded for golden treasure

Back in 2018, a 19-year old Mongolian herder made a discovery while tending his livestock; now, over a year later, he has been rewarded for his honesty.

Ts.Enkhmandal discovered 34 Buddhist ritual objects including gold figures in Bilgeh Bayanburd in Ongon

Cutting air pollution: VAT exemption for briquettes

Ulaanbaatar is one of the most air-polluted cities of the world. This year, the government introduced a ban on burning coal in the Mongolian capital where the winter temperature falls to as low as -40 Celsius. In the light of

FIBA praises Mongolia for 2019 performance

Mongolia basketball players’ performance has been included in a list of the 10 best FIBA 3×3 moments in 2019 named by the International Basketball Federation (FIBA).

“They play with pride, passion and purpose which was brilliantly illustrated at the FIBA 3×3

Mining company constructs kindergarten in South Gobi

A new kindergarten, which can take 100 children, has been opened in the Manla Soum in Mongolia’s South Gobi (Umnugobi) Province. The construction of the kindergarten has been fully financed by the Gobi Oyu Development Support Fund (DSF), sponsored by

Mongolia leaves benchmark interest rate unchanged third time

Mongolia’s Central Bank decided today (20 December) to leave the benchmark interest rate unchanged at 11 percent for the third time. The policy interest rate was increased to 11 percent in November 2018.

The bank decided to keep the national exchange

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,

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