Economy
Meeting held with Ambassador of Poland
President of the Mongolian National Chamber of Commerce and Industry (MNCCI) O.Amartuvshin had a meeting with Ambassador Extraordinary and Plenipotentiary of the Republic of Poland to Mongolia Krzysztof Bojko on May 15.
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MNCCI working closely with JICA on MONMAP-AVC – ‘Mongolian Agricultural Sector Value Chain Master Plan Project’
The agriculture and livestock industry in Mongolia accounts for about 13% of the GDP and about 30% of the working population engages in this industry.
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Mongolia is leading the world in cryptocurrency adoption
Today, nine-tenths of the world's money is just numbers on a computer. In Mongolia alone, about seven percent of all money is stored in banknotes in cash and the remaining 93 percent in non-cash or digital format. 
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PM L.Oyun-Erdene: Selenge and Darkhan will be developed into an agricultural region to replace mining as top industry
On May 13, Prime Minister L.Oyun-Erdene’s working visit continued to Selenge aimag.
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Meeting held to discuss opportunities to increase cashmere export
The Ministry of Foreign Affairs and the Ministry of Food and Agriculture jointly organized an online meeting with representatives of some diplomatic missions abroad to discuss opportunities to increase wool and cashmere exports.
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Mongolia-Singapore business matching webinar to be held in June
In aims of sharing Singapore’s experience and opportunities on e-commerce and developing cooperation in the new business field, Mongolia-Singapore business matching webinar is to be held on June 16, 2021.
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MNCCI and JICA to implement pilot projects
Japan International Cooperation Agency (JICA) in cooperation with the Ministry of Food, Agriculture and Light Industry and the National Development Agency is implementing the MONMAP - “Mongolian Agricultural Sector Value Chain Master Plan Project” to support the sustainable development of Mongolia's agricultural sector for 2020-2023.
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Ard Financial Group joins Women's World Banking Global Network
On December 18, 2020, Ard Financial Group became an official member of the Women's World Banking Global Network.
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MNCCI launches ‘Post-COVID Economic Recovery Great Reset’ initiative
According to risk analysts at the World Economic Forum, the current social and economic crisis caused by the coronavirus outbreak is the worst since World War II, and called for a ‘Great Reset’ in the economy.
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PM L.Oyun-Erdene: The time has come for Mongolia to export value-added livestock products
On May 12, Prime Minister L.Oyun-Erdene became acquainted with the construction of the Darkhan hide and leather complex being built in Khongor soum, Darkhan-Uul aimag.
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Six-percent mortgage loans to be available through 2024
The Bank of Mongolia has reported that there are a total of 100,867 borrowers of mortgage loans totaling around MNT 5.2 trillion as of March 2021. 
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PM meets with business representatives
Today, May 11, Prime Minister L.Oyun-Erdene held a meeting with business representatives.
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Financial Regulatory Commission presents financial market review for 2021 first quarter
A virtual press conference by the Financial Regulatory Commission to present the Financial Market Review of the first quarter of 2021 was held on May 6.
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Mongolian Tax Authority announces top taxpayers of 2020
Mongolia’s General Department of Taxation celebrates second week of every May as ‘Days of Taxpayers’. 
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BoM purchases 1.3 tons of precious metal
In April, the Bank of Mongolia (BoM) purchased 1.3 tons of precious metal.
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Total foreign trade turnover increases by 51 percent
General Customs Administration reported that the total trade turnover of Mongolia reached USD 4.4 billion in the first four months of 2021, which increased by 1.4 billion or 50.6 percent compared with the same period of 2020.
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Development Bank of Mongolia to integrate sustainable financing into its operations
Today, capacity building workshop was organised on the integration of sustainable financing principles into the DBM operations within the UN Joint Programme (JP), implemented with the Ministry of Finance under the sponsorship of the UN Joint SDG Fund.
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Temporary procedure for registration, control of closed bond-debts issued by non-bank financial institutions approved
At a regular meeting of the Financial Regulatory Commission (FRC) on 28 April, a total of 27 issues were discussed.
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Erdenet Mining Corporation to establish a metallurgy-chemical plant complex
A metallurgy-chemical plant complex will be established in Bayan-Undur soum, Orkhon aimag. The operation permit for the industrial and technology park was given to Erdenet Mining Corporation at the cabinet meeting that took place on May 5.
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‘Tavantolgoi’ JSC to pay MNT 28.1 billion in dividends
The dividends will be paid to eligible shareholders through their accounts held at the Mongolian Central Securities Depository starting from April 21, 2021.
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PM Expresses Commitment to Strengthening Ties with Laos 1 day
Maral-Erdene Claims Fourth Victory at the Tour of Mongolia 2025 1 day
Tourism Sector Between Mongolia and South Korea Highlighted for Rapid Growth 1 day
Mongolia-Singapore Cooperation to Advance 1 day
FIBA U16 Asia Cup to Be Held in Mongolia 1 day
FEALAC: “Ulaanbaatar Declaration” Draft Finalized 1 day
US Funding Continues for “Child Protection from Human Trafficking” Project 1 day
E. Odzaya Wins Bronze at World U20 Championships 3 days
Mining Week 2025 to Be Held in September 3 days
Uniting Youth Through Cultural Diplomacy 3 days
Foreign Ministers of Mongolia and Laos Hold Official Talks 3 days
The 10th Foreign Ministers’ Meeting of FEALAC Underway 3 days
Efficient Use of Renewable Energy Resources Can Enable Regional Supply 3 days
Mongolia Wins 18 Medals at International Robotics Competition 4 days
Management Positions Reduced by 54 in Government Agencies 4 days
“President Sports Complex” Named After Heads of State to Be Built 4 days
Canadian Ambassador Presents Credentials Copy 4 days
PM: “SOEs Must Lead in Implementing the State Austerity Policy” 4 days
Mongolia and the Republic of Korea Expand Climate Change Cooperation 4 days
Foreign Minister of Laos Arrives in Mongolia 4 days
First All-Women Crew Flight Operated 4 days
Official COP17 Logo Approved 4 days
New E-Platform to Receive Reports on Environmental Violations 5 days
FEALAC and Mongolia 5 days
Household Monthly Income Rises by MNT 119,300 from 2024 5 days
Uchral Nyam-Osor: “Mongolia-Japan Economic Cooperation Partnership Needs Advancement” 5 days
Saruul Bulgan: “Women Entrepreneurs Plan Their Businesses More Optimistically Than Men” 5 days
Dryland Sustainable Landscapes Impact Program Underway 5 days
Mongolia Wins U12 Asian Open Tee Ball International Tournament 5 days
Shivee-Ovoo Mine to Increase Employee Performance Evaluation by up to 50 Percent 5 days
Mongolian Shooters Departed for the 16th Asian Shooting Championships 5 days
Success in Irrigated Agriculture: Results from a Field Experiment 5 days
Foreign Minister of the Lao People’s Democratic Republic to Pay an Official Visit to Mongolia 6 days
Over 30 Countries’ Top Horse Archers to Gather in Mongolia 6 days
"Ulaanbaatar Walking Festival 2025" to Be Held in Gorkhi-Terelj 6 days
U.S. Funding to Continue for Mongolia Water Compact Initiatives 6 days
Pastureland Photo Monitoring to Be Improved Through International Cooperation 6 days
This Week in Mongolia 6 days
Number of Mongolian Students Studying under Hungarian Government Scholarships to Be Increased 9 days
ADB to Finance Construction of 108 Schools and 95 Kindergartens 9 days
Ministry of Foreign Affairs Receives UN Police Adviser and Commissioner Faisal Shahkar 9 days
Mongolian Ambassador Meets Chairman of Korea-Mongolia Parliamentary Group 9 days
Erdenet Mining Corporation SOE Representatives Receive Information on IPO Process 9 days
Umnugobi to Become the First Aimag to Issue Bonds of Up to MNT 500 Billion 9 days
Special Promotion: Tourists Can Enjoy Free Data Upon Arrival in Mongolia (Available until September 17, 2025) 9 days
Erdenes Tavan Tolgoi’s Monthly Coal Sales Reach 1.4 Million Tons 9 days
Prime Minister Zandanshatar: Employers Hiring Persons with Developmental Challenges Will Be Tangibly Rewarded 9 days
Puppet Artists Showcase Mongolia’s Traditional Heritage 9 days
Mongolia and the Republic of Korea to Develop the Spatial Information Sector 10 days
Shizuoka Prefecture’s Yaizu City Middle School Students Tour Mongolia 10 days
Tax Reform Proposal by Domestic Manufacturers to Be Reviewed 10 days
Public Transport Sector Revenue Increases by 68.4 Percent 10 days
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“Bagakhangai-Khushig Valley” Branch Railroad Construction Ongoing 10 days
Mongolia to Establish Trained Rescue Units with Special-Purpose Equipment 11 days
Cabinet Considers Loan Agreement Draft for National Cardiovascular Center Project 11 days
Prime Minister Zandanshatar Gombojav: Maternal and Child Health Will be a Top Priority 11 days
State Great Khural Endorses Credit Ratings to Improve Citizens’ Financial Planning 11 days
"Nomadic Spirit 2025" Program Raises Climate Change Awareness Through Art 11 days
Eight Mongolian Boxers Confirmed for the World Championships 11 days
Renovation of Pedestrian Walkways Includes Underground Cabling 11 days
432 Students Studied in Japan through “JDS” Human Resource Development Scholarship 11 days
Three Hundred Twenty-Eight Education Projects Implemented in 2025 11 days
UNICEF and UK to Establish “Growing Up Green” Early Childhood Development Center 11 days
State Great Khural Bans All Paid Prediction, Betting, and Online Gambling 12 days
Zandanshatar Gombojav: “Transparent Budget Discussions Will Reduce Corruption Index” 12 days
B. Javkhlan: “Mongolia is Leading in Gender Equality in the Region” 12 days
52-Year-Old Stamp Refreshed and Issued as “Sukhbaatar District 60 Years" 12 days
Total Foreign Trade Turnover Reaches USD 14.2 Billion 12 days
Urban Transformation: 3,157 Land Units Cleared Citywide 12 days
Ulaanbaatar City’s Winter Preparations Reach 63 Percent 13 days
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