Economy
Fitch expects to rate MAK, proposed bonds 'CCC+(EXP)'
Fitch Ratings expects to assign Mongolia-based coal mining company Mongolyn Alt (MAK) LLC a Long-Term Issuer Default Rating (IDR) of 'CCC+(EXP)'. Fitch has also assigned the company's proposed US dollar senior unsecured notes an expected rating of 'CCC+(EXP)' with a Recovery Rating of 'RR4'.
2823 days
Future prospect of gold mining sector to be discussed
Forum ‘Mongolia gold - 2018’ will be organized at the Corporate Convention Center on March 15-16.
2823 days
Mongolia received 'Asia's best investment attractor' award
Finance Asia and the Asset, Asian financial publications 2017 Awards granting ceremony was held in Hong Kong. Mongolia has won “Asia’s best investment attractor” award, the Khuraldai bond won “Mongolia’s best deal in 2017” award by Finance Asia magazine and “Best Government bond in 2017” award by The Asset magazine.  
2823 days
Domestic enterprises seeking ways to enter into global market
A forum titled ‘Export Mongolia -2018’ took place at the Conference Hall of the Corporate Hotel on February 01. This year, the forum focused on increasing export of value-added products except mining products and establishing central network of foreign trade.
2823 days
New airway to be opened between Mongolia and China
The agreement on opening new air door between Mongolia and China was reached during the official visit of the Minister of Road and Transport Development to People’s Republic of China.
2824 days
Bank of Mongolia purchases 1.1 tons of gold in January
As of January, 2018, the Bank of Mongolia purchased 1,128 tons of gold, an increase by 338kg or 46.5 per cent compared to the same period of previous year.
2824 days
Industrialization 21:100 program adopted
The Cabinet on Wednesday adopted a program named ‘Industrialization 21:100’ along with the locations and types of factories to be established within the program.
2824 days
79 percent of foreign direct investment made in mining sector
As a performance of 2017, financial account balance reached profit of USD 2.4 billion with an influence of inward investment package.
2826 days
Infrastructure works worth MNT 400 billion in store for Ulaanbaatar
Ulaanbaatar Mayor’s Office and the Ulaanbaatar Chamber of Commerce are organizing the 4th Ulaanbaatar Investment business meeting today in the State House.
2827 days
Government to prioritize food and agricultural sectors
Prime Minister U.Khurelsukh emphasized the vital role of private sector in further recovering Mongolian economy during his speech at a Business Breakfast meeting last week.  
2827 days
UK Trade Envoy to Mongolia appointed
The United Kingdom Prime Minister Theresa May has appointed a Trade Envoy to Mongolia.
2827 days
Mongolian and Chinese commodity exchanges to cooperate
A cooperation agreement has been established between the Mongolian Commodity Exchange (MCE) and the Chinese commodity exchange Bohai Commodity Exchange (BOCE).
2830 days
Mining Minister attends World Economic Forum
On January 24, Mining and Heavy Industry Minister D.Sumiyabazar attended the World Economic Forum’s session: Policy meeting of leaders of mining and metallurgy sector, at which he briefed about Mongolia’s state policy on mining sector and actions planned.
2831 days
Construction of oil refinery expected to commence this spring
The construction of Mongolia’s first oil refinery will begin in Altanshiree soum of Dornogobi aimag within the second quarter.
2831 days
Cabinet zeroes excise tax on some fuel types
The Cabinet decided to zero excise tax imposed on AI-92 and A80 fuels on January 24.
2831 days
Northeast Asian EXIM Banks meet in Ulaanbaatar
Under the Greater Tumen Initiative (GTI), the 8th working-level meeting of the Northeast Asian EXIM Banks Association (NEA EBA) was held in Ulaanbaatar on January 23.
2832 days
Rio Tinto strengthens presence in Mongolia
Rio Tinto is further strengthening its presence in Mongolia, underscoring its commitment to the country, said a press release issued on January 22.
2834 days
Foreign trade turnover reaches USD 10.5 billion
In 2017, Mongolian external total trade turnover increased by USD 2.3 billion or 27.3 per cent compared to the previous year, reaching USD 10.5 billion, of which USD 6.2 billion was from export and USD 4.3 from import.
2837 days
Fuel prices to remain the same
Ulaanbaatar /MONTSAME/ Public-Private Council responsible for maintenance and monitoring of oil product price made a decision not to increase prices of fuels A-92 and A-80.
2837 days
Moody's upgrades Mongolia's rating to B3
Moody's Investors Service has today upgraded the Government of Mongolia's long-term issuer ratings and the senior unsecured ratings to B3 from Caa1, and the senior unsecured MTN program rating to (P)B3 from (P)Caa1. The short-term issuer ratings are affirmed at Not Prime. The outlook remains stable.
2837 days
Prime Minister Zandanshatar Presents MP Enkhbayar for Appointment as Minister of Justice and Home Affairs 1 day
M bank’s Success Highlighted by Business Insider 1 day
World Observes United Nations Day 1 day
Mongolia Pilots Smart Greenhouse Technology 1 day
Foreign Ministry State Secretary Meets with UN ESCAP Deputy Executive Secretary 1 day
Nagoya University Expands Civil Service Doctoral Program in Mongolia 1 day
Bayankhoshuu Sub-Center Development Shows Steady Progress 1 day
Professor Battulga of NUM Receives Japanese Foreign Minister’s Commendation 1 day
19th Asian Schools Chess Championships to Be Held in Mongolia 1 day
The latest issue of Mongolia Today Magazine is now available, October 2025 1 day
Hermes Center Tunnel Under Construction Using Jacking Technology 1 day
Munkhnasan: ‘Total Capacity of Rangelands Has Been Exceeded’ 1 day
Exhibition to Open Marking the 120th Birth Anniversary of Laureate of the State Premium Yadamsuren Urjin 3 days
Officers Participating in Peacekeeping Operations to Receive 80 Percent of Mission Expenses 3 days
Artificial Lake Park Planned Near Nogoon Nuur 3 days
Total of 134 Mongolian Athletes Compete in 20 Sports at 3rd Asian Youth Games 3 days
Mongolia to Increase Fuel Imports from Russia 3 days
Cabinet Expands Vocational Training Opportunities for Conscripts 3 days
East and North East Asia Forum on Sustainable Development Goals Convenes in Ulaanbaatar 3 days
Over 4,500 Trees and Shrubs to Be Planted Ahead of COP17 3 days
Modern Mongolian Literature Published in Czech Language 3 days
279.9 Thousand Legal Entities Registered in Statistical Business Register Database 3 days
Constitutional Court Rules Parliamentary Resolution Dismissing Prime Minister Unconstitutional 3 days
Erdenes Tavantolgoi Exports 21 Million Tons of Coal in 10 Months 4 days
Vaccination Coverage Against Influenza Reaches 92 Percent Nationwide 4 days
Government to Provide Concessional Loans to Support Fuel Stockpile 4 days
Petrol Supply Stable as Mongolia Secures 58,000 Tons from Rosneft 4 days
Parliament Discusses Petition to Establish Working Group on Increasing Salaries for Teachers and Healthcare Workers 4 days
‘Mongols – A Journey Through Time’ Exhibition to Open at Rietberg Museum in Zürich 4 days
Eighth Support Pillar of Ulaanbaatar Cable Car Project Installed 4 days
Challenges in Judicial Transparency and Media Cooperation 4 days
Advanced Technological Solutions to be Implemented in Fifth Thermal Power Plant Project 4 days
‘Donate Life’ Day Highlights Urgent Need for Brain-Dead Donor System in Mongolia 4 days
Mongolian NOC Honors Olympic Medalists 4 days
Magnitude 5.0 Earthquake Hits Khuvsgul Aimag 4 days
Tugrug Deposits Increase While Foreign Currency Savings Decline 4 days
U.S. Volunteer Teachers Begin Yearlong English Program in Sukhbaatar Aimag 4 days
PM: Mongolia Fully Trusts the Energy, Creativity, and Intellect of Its Youth 5 days
Astana Hub and TON Foundation Join Forces to Support AI Startups 5 days
Mongolian Athletes Shine at “Astana World Cup 2025” with Two Golds and 13-Medal Haul 5 days
Russian Mongolist Scholar Anna Tsendina Awarded Honorary Doctorate 5 days
Mongolia and Saudi Arabia Hold First Political Consultation in Riyadh 5 days
80 Years On: Mongolia Remembers Its Pioneering Independence Referendum 5 days
'UN Week’ Begins in Mongolia to Mark 80 Years of the United Nations 5 days
Twelve Micro Parks to Be Built Across Eight Districts of Ulaanbaatar 5 days
Official Launch of the Canada-Mongolia MERIT Project 5 days
Mongolian Ambassador to Japan Calls for Cooperation with Central Provinces 5 days
Constitutional Court to Rule on Legality of Prime Minister’s Dismissal 5 days
Minister of Foreign Affairs Engages Hokkaido Delegation on Regional Policy 5 days
117 Million Trees Planted Nationwide Under ‘Billions of Trees’ Movement 5 days
Mongolia Set to Launch Interim Population and Housing Census in 2025 6 days
Chinggis Khaan National Museum Unveils Newly Acquired Artifacts 6 days
1,973-Apartment Residential Complex to Be Built in Dambadarjaa Sub-Center 6 days
Mongolia to Host 15th Asia Tourism Forum in 2026 6 days
Mongolian Yokozuna Hoshoryu Wins Grand Sumo Tournament in London 6 days
Czech Investments in Mongolia Total USD 25.1 Million 6 days
President Khurelsukh Issues Veto on Prime Minister’s Dismissal Resolution 6 days
150 MW Second Unit of Buuruljuut Power Plant Begins Supplying Energy 6 days
‘Melody of Khuur, Tune of Khuumii’ Concert Held in Canada 6 days
Social Insurance Fund Revenue Increases by MNT 666.4 Billion 6 days
Mongolia, Czech Republic to Cooperate in Mega Projects 6 days
Foreign Employment in Mongolia Rises by 6,000 Compared to 2024 6 days
Moody’s Upgrades Mongolia’s Long-Term Issuer Rating to B1 with Stable Outlook 6 days
This Week in Mongolia 6 days
HAPPY 35TH ANNIVERSARY! 6 days
Parliament Accepts Resignation of Speaker Amarbayasgalan 9 days
Capital City Bans E-Bikes and Scooters for Winter 9 days
Ulaanbaatar to Build Mongolia’s First Waste-to-Energy Power Plant 9 days
Youtube
First-ever EU-Mongolia Business and Investment Forum Held 9 days
Parliament Votes to Relieve Prime Minister Zandanshatar of Duties 9 days
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