Exports  have declined  4.5% on the figures for June 2014. Natural resource exports, which account for the bulk of the country’s exports, fell by 4%. For example, Mongolia exported 6.9 million tons of coal in the first half of 2015

The National Statistical Commission has provided information on Mongolia’s social and economical indicators situation for the first half of 2015. According to this report, inflation was 3.2% down 0.1% on the same period than in 2014. The main reasons include;

The South Korean Embassy in Mongolia has informed that: “The Korean Ministry of Justice has decided to extend the effective visa dates of the people, who were forced to cancel their trip in Korea because of the MERS infection. This

The Mongolian Ministry of the Finance has informed that the state budget deficit was the less than the expectation for the 2nd quarter of 2015. In other words, the state budget has accumulated MNT 2.6 trillion, which means 84.1% of

The State Registration Authority informed that in June 2015, a total of 1251 new legal entities were established and some 52 entities were official closed. The statistical report of the last several months indicated that the new online registration system

The State Opera and Dance Theatre is organizing weekly performances every Thursday for visitors and locals alike. The show began last Thursday with Austrian and Mongolian artists performing “Ballet Night”. This coming Thursday (23rd July), classic solo-singers will perform some

The Asian Football Championship’ preliminary competition for teenagers under the age of 16 years is being organized by the Asian Football Confederation (AFC) and will take a place this autumn in Mongolia. In this preliminary competition, 45 countries will contend

On 17th July 2015, Mongolian Foreign Minister  L.Purevsuren met U.S. Congressman Mr. Peter Roskam. During the meeting, Mr. Purevsuren noted that: “Mongolia is in the process of successfully transferring to the market system by democratic means. We are very glad

On 17th July, City Mayor E.Bat-Uul met Mr Tu Min, Financial Chief of the “General Electric Global Growth Operation – Mongolia”. Mr.Tu Min was accompanied by other financial specialists. During the meeting, the two sides discussed the outcomes of the

On 17th July, the Mongolian-Russian Joint Venture Company, “Ulaanbaatar Railway” and the South Korean national “Korail Corporation” signed a Memorandum of Understanding (MoU).

Under the MoU, Mongolia, which has no access to the ocean, will transit 25,000 tons of freight through