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“Erdenes Tavantolgoi” company to trade its coal through exchange

Starting from February, Mongolia’s largest state-owned coal enterprises, Erdenes-Tavantolgoi JSC, will stop signing direct sales agreement with Chinese buyers. Instead, the company’s coal will be auctioned on the Mongolia Stock Exchange, which will increase transparency and ultimately bring higher returns

Mongolia falls six places in the corruption index

Mongolia fell six places in the corruption index where the country of 3.4 million placed in the 116th out of 180 countries, according to the 2023 Corruption Perceptions Index reported by Transparency International. The least corrupt countries in the region

Herding remains a big business in Mongolia

Herding remains a big business in Mongolia, as there will always be demand for meat, leather, wool, cashmere and milk. Consequently, over the past two decades, the trend has been toward fewer herder households with larger herds.

Currently, Mongolia has more

Record-setting champion Hakuho emotional in retirement ceremony

Record 45-time Grand Sumo Tournament winner Hakuho had his retirement ceremony Saturday (28 January) when his topknot was cut, one strand at a time, by some 280 acquaintances including former wrestlers and prominent figures in Japan. Mongolian-born Hakuho retired in

Mongolian President vetoes a controversial law on social media

Today (30 January), Mongolian President U.Khurelsukh has decided to veto a controversial “law to protect human rights on social networks” that was hastily passed by parliament 10 days ago.
The veto means that the law, which – despite its avowed objectives –

Mongolians use their national payment system in South Korea

BC Card, the financial services wing of South Korea’s major telecom company KT, will work with the central bank of Mongolia to establish a payment linkage system between South Korea and Mongolia. Mongolians can use their national payment system using

Mongolian world Para taekwondo champion inspired by Jackie Chan

G.Bolor-Erdene, one of the most successful fighters in Para taekwondo history, was recently recognised by Mongolia’s Government for his achievements, when he received the Merited Master of Sport Award.

He has a perfect 20-0 record at the World Para Taekwondo Championships,

59 percent of Mongolian territory is at high risk of dzud

In Mongolia, the frequency, intensity and unpredictability of weather extremes such as the harsh winter (dzud), drought, snow and dust storms, heavy rainfall and flooding have tripled in the last decade, heavily impacting traditional livestock-based livelihoods.

In 2022, according to the

A dust storm causes low visibility on Mongolian roads

Today (27 January), a dust storm hit the southeastern Mongolian province of Dornogovi, causing low visibility on roads. The unstable weather was expected to prevail during the weekend. Dornogovi, located in the Gobi Desert region of southern Mongolia, is one

Mongolia reports one case of Covid-19

Today (26 January), Mongolia has registered one new COVID-19 case in past 24 hours. The case was a contact in Ulaanbaatar. No imported cases were found.

Currently, a total of 12 patients are receiving treatment in hospitals in Ulaanbaatar and 4

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