Shareholders of Turquoise Hill have accepted Rio Tinto’s USD 3.3 billion bid to buy all of the shares in the Canadian miner it did not already own, drawing to a close a tumultuous takeover battle that at times appeared on

Mongolia’s foreign trade turnover grow 26.6 percent year on year to USD 19 billion  in the first 11 months of this year, according to the Mongolian Customs General Administration (MCGA).

Mongolia registered a surplus in foreign trade balance as exports exceeded

On Friday, December 9, 2022, the Financial Regulatory Commission (FRC) approved the listing of ordinary shares of Khan Bank LLC as securities for initial public offering (IPO).

In accordance with the Banking Law and procedures for the reorganization of banks as

On November 11, 2022, the Parliament approved the Law on Amendments to the Personal Income Tax Law. The new law will be enforced from January 1, 2023. Therefore, Mongolians will pay 

-10 percent taxes if he/she earns up to MNT 120

Mongolian athlete D.Lhamsuren was elected chair of the target sprint committee of the International Shooting Sports Federation (ISSF). She was elected at  the 70th General Assembly of the ISSF in Cairo, Egypt .

She won two silver medals and one bronze

On 9 December is shaping up to be a big day for Jakob Stausholm. Just ahead of his two-year anniversary as Rio Tinto’s chief executive, he will learn the fate of the mining giant’s tortuous efforts to buy out minority

On 1 December, Ulaanbaatar’s Air Quality Index was 169, showing air pollution levels with a particulate matter (PM) 2.5 concentration 18 times the World Health Organization (WHO) recommended level. It has remained well into unhealthy levels through 7 December.

Ulaanbaatar is

Two days ago, hundreds of demonstrators angered by allegations of corruption linked to Mongolia’s coal trade with China tried to force their way into the State Palace in the capital, demanding dismissals of officials involved in the scandal.
The demonstration of

‘Vietnam always considers Mongolia an important partner in the region’, Prime Minister Phạm Minh Chiinh told Mongolian Minister of Defence G.Saikhanbayar on Tuesday.

At a reception held in Hanoi for the minister, who is on an official visit and will attend

Earlier today (7 December),  4.8 magnitude earthquake struck near Sainshand city of Dornogobi province in Mongolia, the European Mediterranean Seismological Centre (EMSC) said. The quake had a depth of 15 km (9.32 miles). EMSC had earlier reported the tremor was