Economy
Two New Products Launched on Mongolian Stock Exchange
Two companies have launched new products on the Mongolian Stock Exchange. Specifically, “Shunkhlai” LLC started the primary market trading of “Shunkhlai” bonds, while a bell-ringing ceremony for the IPO of “Tenger Daatgal” LLC was held on November 28, 2024.
4 days
Central Bank of Mongolia Purchased 1.6 Tons of Precious Metals in November
In November 2024, the Central Bank of Mongolia purchased 1,689.5 kg of precious metals, bringing the total amount to 15.8 tons since the beginning of the year. 
4 days
Mongolia Exports 74.2 Million Tons of Coal in 2024
According to the Mongolian Customs General Administration, on December 1, 2024, Mongolia exported 18.2 thousand tons of coal. 
4 days
Mongolia to Establish an Ecolabelling System
Ahead of the Mongolian Sustainable Finance Forum-2024, organized under the auspices of the President of Mongolia, a business meeting on the theme “The Path to a Green and Circular Economy: International Experience and Cooperation” took place on November 27, 2024, at the “Ulaanbaatar Gallery.”
5 days
Gender Gap in Employment Rates Reaches 15.5 Percentage Points
According to the third quarter of the 2024 Labor Force Survey, conducted at the national level, 1.4 million people of the total population aged 15 and above are part of the labor force, while 849.6 thousand people are categorized as outside the labor force.
9 days
Renewable Energy Projects Being Implemented in the Western Region of Mongolia
The Government of Mongolia and the Asian Development Bank (ADB) are jointly implementing new projects to increase renewable energy sources in the western region of Mongolia.
9 days
Foreign Exchange Reserves of Mongolia Exceed USD 4.9 Billion
As of November 25, 2024, the official foreign exchange reserves of Mongolia exceeded USD 4.9 billion, an increase of USD 38.8 million or 0.8 percent compared to the beginning of this year. This is the amount that satisfies the country's foreign exchange-paid import needs for 5.1 months, according to the Bank of Mongolia. 
10 days
The 2025 Draft Budget of Ulaanbaatar City Submitted
In accordance with the Budget Law of Mongolia, Deputy Governor of the Capital City Davaadalai Tumendalai submitted the 2025 Budget Draft of Ulaanbaatar City to Chairman of the Citizens’ Representative Khural of the Capital City Bayar Amarbayasgalan on November 25, 2024.  
12 days
Mongolian Sustainable Finance Forum to Be Held under the Auspices of the President of Mongolia
Under the auspices of the President of Mongolia, the Mongolian Sustainable Finance Forum-2024 will be held in Ulaanbaatar on November 27- 29, 2024.
15 days
Bids for Incineration Plant and Waste to Energy Plant to Be Announced Next Month
The Governor's Office of the Capital City of Mongolia plans to launch phased measures to build a sludge drying and incineration plant and a waste-to-energy plant between 2024 and 2028 as part of improving Ulaanbaatar's engineering infrastructure.  
17 days
Tserenbadral: “Mongolian Capital Market Connectivity 2024: Korea” Is a Platform to Attract South Korean Investments to Mongolia
The Financial Regulatory Commission of Mongolia, the Mongolian Association of Securities Dealers (MASD), and the Korea Financial Investment Association jointly organized the “Mongolian Capital Market Connectivity 2024: Korea” event in Seoul, the Republic of Korea, on November 18, 2024. 
18 days
New Electricity Tariffs Set
The Energy Regulatory Commission is set to increase electricity tariffs from November 15, 2024. The Energy Regulatory Commission has announced that the average electricity tariff will be raised from MNT 216 per kWh to MNT 280. The changes were made in a way to not overburden households financially and encourage them to monitor their energy consumption and save energy.
19 days
Monthly Average Exchange Rate of the US Dollar to the Mongolian Tugrug Reaches MNT 3392.02
The monthly average exchange rate of the US Dollar to Mongolian Tugrug published by the Central Bank of Mongolia in October 2024 was 3392.02, with Tugrug’s value appreciating by MNT 60.5 compared to the same period last year while depreciating by MNT 11.1 from the previous month.
20 days
TDB Issues Mongolia’s First Green and Social Bond in the International Market
The first Social and Green Bond from Mongolia has been issued by the Trade and Development Bank (TDB) for international professional investors. This is the first five-year or long-term bond issued by the private sector since the TDB’s bond, issued in 2015.
22 days
“Khubilai Khaan’s Mongol Navy” Commemorative Coin Now on the Market
The Central Bank of Mongolia has commissioned the production and sale of the commemorative coin titled the “Khubilai Khaan’s Mongol Navy” on the order of the National Center for Cultural Heritage of Mongolia. 
23 days
Improving the Effectiveness of the Mongolia-Japan Economic Partnership Agreement
The Economic Partnership Agreement (EPA) between Mongolia and Japan entered into force in June 2016 and has been implemented since 2017. The Mongolian National Chamber of Commerce and Industry (MNCCI) intends to develop a recommendation on improving the agreement's implementation and submit it to the relevant state authorities of both countries. As part of this initiative, MNCCI organized a discussion on November 13, 2024, to resolve the challenges faced by businesses in implementing the EPA.
23 days
The 13th GTI Transport Board Meeting Convenes in Ulaanbaatar
The 13th Greater Tumen Initiative (GTI) Transport Board Meeting was held on November 14, 2024, at the Ministry of Foreign Affairs of Mongolia. Representatives of the transport sectors of Mongolia, the People’s Republic of China, the Russian Federation, and the Republic of Korea exchanged views and shared experiences to expand and develop cooperation.
23 days
54.9 Percent of Construction, Capital Repairs, and Maintenance Completed in Local Areas
According to the preliminary results of the first nine months of 2024, construction, capital repairs, and maintenance reached MNT 6.4 trillion, of which MNT 6 trillion were completed by domestic construction enterprises and MNT 435.8 billion were completed by foreign enterprises.
24 days
Mongolia Imports Goods and Raw Materials Worth USD 9579.8 Million
In the first ten months of 2024, Mongolia imported goods and raw materials worth USD 9579.8 million, an increase of USD 2020.2 million (26.7 percent) compared to the same period in 2023. 
24 days
Savings in the National Currency of Mongolia Increased by MNT 5.7 Trillion
As of the end of September 2024, savings in Tugrug, the National Currency of Mongolia, reached MNT 20.6 trillion in total, an increase of MNT 415.7 billion compared to the previous month, and by MNT 5.7 trillion (38.6 percent) compared to the same period last year.
26 days
Prime Minister of Mongolia Calls for Countries to Unite Against Desertification Under the Theme “One for All, All for One” 1 day
Mongolian Culture Center Opens at the University of Parma 1 day
Mongolia Hosts the "Founder of the Democratic Constitution of Mongolia Chimid Byaraa" International Academic Conference 1 day
Mongolia and the UAE Exchange Views on Expanding Bilateral Relations and Cooperation 1 day
Mongolian Herders on Exchange Program to Senegal 2 days
Finest Works from the XVIII-XX Centuries on Display 3 days
Exploring Solutions to Reduce Carbon Emissions and Supply Clean Energy in Ulaanbaatar 3 days
“Norovbanzad Namjil” Commemorative Silver Coin Now on the Market 3 days
Mongolian Athletes Secure 13 Medals at Mas-Wrestling World Championship 2024 3 days
Implementation of Major Projects to Intensify Mongolia-France Cooperation Agreed to Commence in the Near Future 3 days
Saudi Arabia Affirms Commitment to Cooperation with Mongolia in Renewable Energy, Mining, and Tourism 3 days
Prime Minister of Mongolia Meets Crown Prince of the Kingdom of Saudi Arabia 3 days
Meet the Mongolian Judokas to Compete at the Tokyo 2024 Grand Slam 4 days
Two New Products Launched on Mongolian Stock Exchange 4 days
Central Bank of Mongolia Purchased 1.6 Tons of Precious Metals in November 4 days
Mongolia Exports 74.2 Million Tons of Coal in 2024 4 days
Prime Minister of Mongolia Addresses One Water Summit 4 days
Drones to be Manufactured in Mongolia Using South Korean Technology 4 days
Today is the International Day of Persons with Developmental Challenges 4 days
Prime Minister of Mongolia Meets Under-Secretary-General of the UNCCD 4 days
Mongolia to Host Dota 2 Tournament with a Prize Pool of USD 100,000 4 days
Mongolia to Establish an Ecolabelling System 5 days
The Relations between Mongolian-American Technology Companies to Be Expanded 5 days
Two Mongolian Pavillions Displayed at the UNCCD COP 16 5 days
New Bus Depot Constructed in Ulaanbaatar 5 days
Prime Minister of Mongolia Calls for Countries to Unite Against Desertification Under the Theme “One for All, All for One” 5 days
Motion Passed on Urgently Discussing the Draft Law on Amendments to the Budget Law 5 days
Intensifying the Implementation of the “Food Supply and Security” National Movement 5 days
Draft Law on Amendments to the Budget Law of Mongolia Submitted to the State Great Khural 5 days
Mongolian Boxers Win Three Medals at the 2024 World Boxing Cup Finals 5 days
Tungalag Tamir by Lodoidamba Chadraabal Now Available in French 5 days
The Play “Mongol Khan” Set for Japan Tour in 2025 5 days
Prime Minister of Mongolia on Working Visit to Saudi Arabia and the United Arab Emirates 6 days
This Week in Mongolia 6 days
National Conference on the Development and Participation of Persons with Developmental Challenges Held 8 days
UN Resident Coordinator for Mongolia Awarded the “Friendship” Medal 8 days
UN Resident Coordinator for Mongolia Awarded the “Friendship” Medal 8 days
Ki-Chul Oh: Nowhere In the World Has the Average Air Temperature Increased by More Than Two Degrees Celsius Except in Mongolia 8 days
Policy for Housing Young Families and Ensuring Social Protection Presented 8 days
National Trauma and Orthopedic Research Center of Mongolia to Collaborate With Hanoi Medical University Hospital 9 days
Mongolia and Australia Enter into Negotiations on Social Security Agreement 9 days
Ichinkhorloo Bayarkhuu: The National Library of Mongolia is the Repository of Intellectual Heritage, and Mongol Knowledge and Wisdom 9 days
Mongolia Marks the Centennial of the Proclamation of the Mongolian People’s Republic and the Adoption of the First Constitution 9 days
Mongolian Peacekeepers Awarded State Decorations for South Sudan Mission 9 days
President Khurelsukh: National Consensus is Essential in Intensifying Green Development 9 days
Mongolian Contortionist Lkhagva-Ochir Earns Prestigious Golden Star Trophy 9 days
Gender Gap in Employment Rates Reaches 15.5 Percentage Points 9 days
Mongolian Athletes Claim Gold Medal and Trophy at the WDF Asia-Pacific Cup 9 days
COP29 UN Conference Agrees to Triple Climate Finance for Developing Countries 9 days
Renewable Energy Projects Being Implemented in the Western Region of Mongolia 9 days
State Great Khural Session Honoring the Centennial of the Adoption of the First Constitution Convened 10 days
Foreign Exchange Reserves of Mongolia Exceed USD 4.9 Billion 10 days
Cabinet Resolution Issued on Developing Year-Round Tourism 10 days
Mongolian Citizenship Oath Taken by 16-Year-Olds 10 days
A New Milestone for Affordable Access to Quality-Assured Medicines in Mongolia 10 days
Policies Discussed on Supporting Youth Development and Housing Young Families 10 days
The Second Outreach Campaign “Let's Travel Responsibly” Launches 10 days
Mongolia Marks the Centennial of the Proclamation of the Mongolian People’s Republic and the Adoption of the First Constitution 10 days
The National Flag of Mongolia Raised, Wreaths Laid at the Statue of Sukhbaatar Damdin 11 days
President Khurelsukh: Forestry Sector Should Be Based on Partnership Between the Public and Private Sectors 11 days
Mongolian Peacekeepers Awarded State Decorations for South Sudan Mission 12 days
The 2025 Draft Budget of Ulaanbaatar City Submitted 12 days
Direct Flights from Ulaanbaatar to Ho Chi Minh City to Be Launched in December 2024 12 days
“Silent City Driver” Wins Grand Prix for Best Film at PÖFF 12 days
Mongolian National Team Claims the Bronze at the FISU 2024 3x3 Basketball World University League 12 days
Mongolian Freestyle Wrestlers Claim Eight Medals at the 37th World Military Wrestling Championship 12 days
Modern Issues of Child Development and Children’s Rights Discussed 12 days
This Week in Mongolia 13 days
Mohammad Faisal Al-Mutairi: The Future of Mongolia Will Be Bright and Prosperous Thanks to Its People and the Vision of Its Leaders 15 days
UNICEF to Provide Policy Recommendations for Mongolia’s Child Protection Efforts 15 days
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