Having failed to adequately comply with the recommendations of the Financial Action Task Force (FATF), concerning anti-money laundering and counter-terrorism financing measures, Mongolia has been added to the FATF’s grey list along with Iraq, Zimbabwe and N.Korea.

Specialists at the Paris-based

Mongolian Energy Minister Ts.Davaasuren has held a meeting with South Korean Energy Minister Sung Yun-mo on the sidelines of the 8th International Renewable Energy Conference (KIREC). The conference was held in Seoul on 23-25 October.

Named KIREC after the hosting country,

Mongolia attracted over USD 1.3 billion of foreign direct investment (FDI) in the first eight months of 2019, the Central Bank has reported. The number reflects a four percent decrease on the same period last year.

The majority of the total

Oyu Tolgoi (OT) has reported its third quarter performance results for 2019. The company achieved an All Injury Frequency Rate (AIFR) of 0.18 per 200,000 hours worked. To reinforce safety culture across its wider community OT is campaigning for safer

On Wednesday (23 October), the Parliamentary State Structure Standing Committee backed a draft bill for marking Buddha Day – or “Vesak” – as a public holiday. The draft bill was presented by MP D.Oyunkhorol.

According to D.Oyunkhorol, most of the adult

The Mongolian capital, Ulaanbaatar, has secured support from the Asian Development Bank and the International Finance Corporation to build 10,000 new energy-efficient homes.

The municipality has signed a Memorandum of Understanding with the banking institutions to implement the Excellence for Design

C and S, an Italy-based manufacturer of bumper cars for adults and juniors, have installed an indoor bumper car track in Mongolia.

The tracks feature medium-sized bumper cars. The installation of the track took place in July this year in Ulaanbaatar.

The

The Mongolian Morin Khuur Ensemble will perform a charity concert, called ‘The Beginning of Fall’ at Ulaanbaatar’s Independence Palace on 25-26 October at 7.00 p.m. Mongolian state-honoured artist D.Tuvshinsaikhan will conduct the concert and a various famous pieces will be

Mongolia is experiencing a long and warm autumn with daily temperatures in most parts of the country of 2-10 Celsius.

However, the night temperature fell to -25 Celsius in Khatgal, the administrative centre of Khuvsgul Province on 22 October. Up to

A black bear has been shot and killed in Bat-Shireet Soum of Khentii Province after destroying a ger (yurt).  Fortunately, the ger was empty when the animal attacked.

It’s illegal to hunt bears in Mongolia.  However, in Selenge Province it is