The central bank of Mongolia or Mongolbank purchased a total of 22.9 tonnes of gold in 2022 from legal entities and individuals, up 10 percent from the previous year.

As of December, the central bank’s average gold purchase price had been

Mongolia has temporarily extended visa-free travel to nationals of additional 34 countries through the end of 2025. Furthermore, the landlocked country permanently offers hassle-free travel for nationals of 27 countries, including Germany and the United States.
New Visa-Free Countries Until December

ue to its remoteness and short summer season, Mongolia has long been a destination overlooked by travelers.
But as the country moves to further open up to tourism by easing its entry conditions for international visitors and upgrading its infrastructure, 2023 might just

The Asian Development Bank approved a USD 448 million investment program to support green and inclusive development of Mongolia’s provinces and soums.

The Green Regional Development Investment Program will promote a transformative model for green territorial development and green urban–rural linkages.

Mongolia has been ranked as one of 36 high-water-risk countries in the world.

Groundwater is the main water source of drinking and industrial water in Mongolia. Important economy sectors heavily rely on groundwater sources in Mongolia, particularly in Gobi desert. Mongolia

Mongolian rockers The HU have announced that a deluxe version of their 2022 sophomore album, ‘Rumble of Thunder’, will arrive on June 30th via Better Noise Music. In advance of its release, the band has unveiled a new version of the

The first Mongolian player who will ever see the floor for a D1 team, Sh.Enkhiin-Od is one of the low-floor, high-ceiling bets of the 2023 NBA Draft.

Sharavjamts was measured at a quarter of an inch shy of 6-foot-9 at the

President of Mongolia U.Khurelsukh received credentials from new non-resident Ambassadors of friendly countries, with residence in China, the Republic of Korea, and the Russian Federation.

These Ambassadors included:

 Ambassador of Iceland Thorir Ibsen (based in China)
 Ambassador of Estonia Hannes Hanso

Mongolia’s economy can grow 7 percent this year on the condition that China achieves its target for a 5 percent expansion in gross domestic product, according to Economy and Development Minister Ch.Khurelbaatar.

China’s rapid economic growth is very beneficial for Mongolia

Korean convenience store chain GS25 opened its outlet in the first floor of the State Palace of Mongolia.

GS25 entered the Mongolian market in May 2021, opening three stores in Ulaanbaatar. It plans to operate 500 branches in the country by