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A direct flight between Prague and Ulaanbaatar to start from June

Yesterday (11 May), Czech Foreign Minister Jan Lipavsky welcomed Mongolian Foreign Minister B.Battsetseg. During the meeting, the Czech Minister and the Mongolian Minister positively assessed the bilateral relations and agreed on the need to strengthen trade and economic cooperation.

Minister Lipavsky

Construction boom turns Ulaanbaatar city into concrete jungle

Across Ulaanbaatar, high-rises are replacing the yurts that Mongolians have for centuries called home, symbols of a nomadic life that is fading away.

Locals say the construction boom — fuelled by a decade-long mining windfall — is squeezing out room for

Inflation in Mongolia soared 11.3 percent in April

Inflation in Mongolia, measured by the consumer price index, rose 11.3 percent year-on-year in April, data from the country’s National Bureau of Statistics showed. The increase was mainly due to higher prices for imported goods, especially food.

More than half of

Mongolian Gers are being Exported to the USA and Australia

Mongolian ger, or yurt as it is known worldwide, is attracting many people as eco-friendly, affordable home for off-grid living, glamping and a variety of other purposes such as yoga studio.

Mongolia exports around 1000 yurts a year to China, Russia,

New IMF Resident Representative arrives Mongolia

On 8 May, Finance Minister B.Javkhlan met with newly appointed International Monetary Fund (IMF) Resident Representative in Mongolia Tigran Poghosyan, who is in Mongolia on a two-week study visit.

The sides exchanged views on the current economic situation in Mongolia the intensification

Mike Sharavjamts to travel to Chicago for event

Former Dayton Flyers guard Mike Sharavjamts received an invitation to the G League Elite Camp. The event will take place May 13-14 in Chicago. It precedes the NBA Draft Combine, which lasts from May 15-21 at Wintrust Arena in Chicago.

Last

Mongolia’s foreign trade up over 50 percent

Mongolia’s total imports and exports expanded 50.4 percent year on year to USD 7.7 billion in the first four months of 2023.

Mongolia registered a surplus in foreign trade balance as exports exceeded imports by around USD 2.4 billion, mainly due

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