Economy
Equilibrated balance shows deficit of MNT2.7 trillion
According to the preliminary results in the first eight months of 2020, the total revenue of the general government budget was MNT 6.1 trillion.
1746 days
Mongolia-Singapore trade turnover reaches USD 176.8 million
On the occasion of the 50th anniversary of the establishment of diplomatic relations between Mongolia and Singapore, the Mongolian National Chamber of Commerce and Industry, the Ministry of Foreign Affairs, the Embassy of Mongolia in Singapore and Singapore Business Federation jointly organized Mongolia-Singapore webinar business discussion yesterday in aims to expand trade and economic cooperation of the two countries.
1749 days
Online platform established for domestic manufacturers to promote their products
An online platform has been established for domestic manufacturers to promote their products internationally. The ‘Mongolian Brand’ association-based platform was made according to current international standards with the help of foreign market researchers.
1749 days
Export Promotion Council holds its second meeting
The Export Promotion Council held its second meeting under topic “Measures to be taken in increasing exports of meat and meat products” on September 10 at the Ministry of Foreign Affairs.
1749 days
Golomt Bank secures a medium term funding from Enabling Qapital
On September 2, Golomt Bank signed a 3 year loan agreement for USD 5 million with Enabling Qapital AG as part of our bank's commitment to support our clients and deliver diversified funding sources to harbor growth.
1749 days
Exports decreased by 16.9 percent compared to previous year
In the first eight months of 2020, Mongolia traded with 139 countries from all over the world, and the total trade turnover reached USD 7.9 billion, of which USD 4.5 billion were exports and USD 3.5 billion were imports.
1750 days
Startup business to be developed based on sub-centers
A discussion themed “Opportunities, solutions and cooperation in development of start-up ecosystem” was held on September 9 at Bayankhoshuu Business Incubator, Training and Production Center.
1750 days
Speaker G.Zandanshatar meets Head of Swiss Cooperation Office in Mongolia
Speaker of the Parliament G.Zandanshatar met yesterday with Head of Cooperation, Swiss Cooperation and Consular Agency in Mongolia Ph.D. Stefanie Burri.
1751 days
Foreign Minister meets WB Country Manager
Minister of Foreign Affairs N.Enkhtaiven received yesterday World Bank Country Manager for Mongolia Andrei Mikhnev.
1751 days
Government coordination needed to reduce large amount of raw material waste
A discussion themed “Current state and development of leather and cashmere processing industry” for a project to establish Light Industrial Production and Technology Park of Emeelt on 160 hectares of Shar Huviin Khooloi, which locates at the 13th khoroo of Khan-Uul district took on September 8 at the Mongolian National Chamber of Commerce and Industry.  
1751 days
Mongolian Bankers Association gives latest banking sector review
On September 8, Mongolian Bankers Association (MBA) organized a press briefing to give an update on the current state of the country’s banking industry and macroeconomic situation amid the ongoing COVID-19 pandemic. 
1752 days
Coal export increases
Statistics released by the Mongolian Customs General Administration shows that Mongolia’s coal export increased significantly in the last month.
1752 days
Project for metallurgical complex to be supported
The development of heavy industry and production of value-added products are prioritized in the Government's Action Plan for 2020-2024. In this context, Minister of Mining and Heavy Industry G. Yondon got acquainted with the production and sales of mining outputs and operations at Tumurtolgoi and Tumurtei mines of ‘Darkhan Metallurgical Plant’ JSC.
1753 days
World Bank to grant financing of USD 21 million to Mongolia
Today, September 7, Minister of Finance Ch.Khurelbaatar and World Bank Country Manager for Mongolia Andrei Mikhnev signed two agreements on financing of USD 21 million.
1753 days
"Coal export to run in combined forms of railroad and auto road further"
During his working visit to Gashuunsukhait border checkpoint on September 4, Prime Minister U.Khurelsukh met with representatives of coal truck drivers. Coal transport in route Tavantolgoi-Gashuunsukhait is running normal.
1753 days
Mongolia-Singapore business meeting to be held virtually
The Mongolian National Chamber of Commerce and Industry and the Ministry of Foreign Affairs will co-organize Mongolia-Singapore business meeting virtually on September 10 using Zoom platform.
1756 days
Oyu Tolgoi mine starts sourcing power domestically
Mongolia starts supplying power to Oyu Tolgoi copper-gold mine. Specifically, ‘Southern regional electricity distribution network’ state-owned company and Oyu Tolgoi LLC today has established a power supply agreement.
1757 days
Central bank updates financial statistics
Last week, the Bank of Mongolia provided update on the financial indicators of Mongolia and introduced the latest or 14th financial stability report released by the central bank jointly with other regulatory agencies. 
1758 days
Export Credit Guarantee Agency needed to support Mongolian export growth
EuroChamber has successfully concluded a four-month study on Export Financing for Mongolian companies and SMEs, handing it over to Deputy Prime Minister Mr. Ya. Sodbaatar on Tuesday, Aug.25 during a public-private-dialogue event at the Mongolian National Chamber of Commerce and Industry (MNCCI).
1758 days
BoM purchases 1.7 tons of precious metal in August
In August 2020, the precious metal purchase of the Bank of Mongolia (BoM) was 1.7 tons, raising the BoM’s total precious metal purchase of 2020 to 14.8 tons, of which 13.1 tons were gold and 1.7 tons were silver.
1758 days
Mongolia Hosts the 3x3 World Cup: Men Play without Substitutes Today 15 hours
State Visit of President of the Republic of Uzbekistan to Mongolia Concludes 15 hours
Mongolia Forum 2025 Takes Place under the Theme "Northeast Asian Peaceful Development and Korean Unification" 16 hours
Presidents of Mongolia and the Republic of Uzbekistan Plant Commemorative Trees 18 hours
Trilateral Efforts to Continue Joint Conservation and Research of Rare Bird Species 18 hours
Electronic National Atlas of Mongolia Launched 20 hours
State Secretary of the State Great Khural Meets Representatives of the Inter-Parliamentary Union 20 hours
Prime Minister Tasks Ambassadors with Attracting Foreign Investment 20 hours
Historic "Ikh Khuraldai" Tourism Complex Inaugurated 22 hours
Sodnompiljee Enkhbayar Wins Seventh Gold Medal at the World Cup 22 hours
Mongolia and the Republic of Uzbekistan Elevate the Relations to Comprehensive Partnership 1 day
President of Mongolia and President of the Republic of Uzbekistan Held Official Talks 1 day
President of Mongolia Welcomes President of the Republic of Uzbekistan 1 day
President of Uzbekistan Shavkat Mirziyoyev Arrives in Mongolia for a State Visit 1 day
Mongolia-British Parliamentary Group Welcomes Members of Parliament of the United Kingdom 1 day
Ulaanbaatar Launches Integrated Tele-Monitoring Center 1 day
Promissory Notes in the Cashmere Sector: A New Financial Instrument for the Agricultural Industry 1 day
Uzbekistan - Mongolia: A New Stage of Multifaceted Cooperation 1 day
Mongolia and Uzbekistan to Develop Cooperation in Tourism 1 day
Mongolian Team “Alpha Gaming” Wins the PUBG Mobile Super League – Central & South Asia Spring 2025 3 days
Health Minister Meets ADB Country Director to Discuss Projects and Programs in Health Sector 3 days
The First National Shearing and Woolhandling Championships Hosted with Over 100 Participants 3 days
“MongolZ” Makes History: The First Asian Team to Win 2nd Place in World Counter-Strike Championship 3 days
2025 FIBA 3x3 World Cup to Be Held on Sukhbaatar Square 3 days
This Week in Mongolia 3 days
President of the Republic of Uzbekistan to Pay a State Visit to Mongolia 3 days
Parliamentary Resolution for Establishing Green Financing System Approved 6 days
Meeting Held with Representatives from OSCE Office for Democratic Institutions and Human Rights 6 days
His Majesty Emperor Naruhito and Her Majesty Queen Masako to Pay State Visit to Mongolia 6 days
Funds Raised from Bond to Be Allocated for Milk and Dairy Production 7 days
Smart Greenhouse Complex to Be Established in Ulaanbaatar 7 days
Thermal Power Stations Instructed to Work under Special Regime 7 days
Government Discusses Amendments to State Budget at Its First Session 7 days
Mongolian Writers to Take Part in Beijing International Book Fair 8 days
Mongolian Darts Player Tergel Khurelkhuu Tops the World Rankings 8 days
Prime Minister of Mongolia Appoints Ministers 8 days
Prime Minister Presents Nominees for Members of the Government to President of Mongolia 8 days
Gankhaich Wins Bronze Medal at World Judo Championships 9 days
State Great Khural Members Meet IMF Staff Team 9 days
Mongolian Boxers Win 16 Medals at the World Boxing Cup European Series 2025 9 days
Mongolia Promotes Its Culture at the Festival of Embassies in Prague 10 days
Mongolia to Cooperate with the United Kingdom in the Field of Mineral Resources 10 days
Open-Air Museum to Be Established on the Ruins of Old City of Kharakhorum 10 days
GMIT Celebrates Graduation of Eighth Cohort 10 days
“Mongol-B” Team Wins Gold Medal at the World Rapid and Blitz Team Championships 10 days
General Department of Taxation Awarded Silver Gender Equality Seal 10 days
Young People with Disabilities Launch Advocacy Campaign 10 days
This Week in Mongolia 10 days
Reconstruction of Kharkhorin City Begins 11 days
Early Detection for Autism Spectrum Disorders to Be Improved 13 days
Mongolian and International MMA Fighters to Participate in the “Khangarid Cup” 13 days
Uilstuguldur Altankhuyag Appointed Chief of Staff of the Office of the President of Mongolia 13 days
Mongolia-People’s Republic of China Joint Border Commission Agrees on Infrastructure and Security Priorities 13 days
“Chopiniana” and “Paquita” Ballets to be Staged at the Mongolian State Academic Theatre of Opera and Ballet 13 days
372 Athletes Will Receive Ranking Points for the Los Angeles 2028 Olympic Games 13 days
“Morin Khuur” Play Named Best at Baikal Mascot International Theater Festival 13 days
34th Prime Minister Zandanshatar Gombojav Receives Government Seal of Mongolia 13 days
People's Artist E. Amartuvshin Named One of the World's Top Five Opera Singers 13 days
Gold, Mined by Artisanal and Small-Scale Miners of Mongolia to Be Supplied to International Jewelry Companies 13 days
Zandanshatar Gombojav Appointed as Prime Minister of Mongolia 13 days
Student Police to Provide Assistance and Information for Tourists in Ulaanbaatar 14 days
Center of Excellence for English Language Teaching Opens in Ulaanbaatar 14 days
FIDE World Rapid and Blitz Team Chess Championships 2025 Underway 14 days
Standing Committee on State Structure Approves Proposal to Appoint Zandanshatar Gombojav as Prime Minister 14 days
President of Mongolia Submits Proposal to Nominate Zandanshatar Gombojav as Prime Minister of Mongolia to Parliament 14 days
Construction Work on 41 Hectares of Selbe Sub-Center Project Open for the Private Sector 14 days
Asia Folk 2025 Festival to Be Held for the Seventh Year in Ulaanbaatar 14 days
Lawyer Robert Painter: “It’s a Joy to See the T-Bataar Back Home and Smiling Happier Than Ever” 14 days
“Khasyn Khuleguud” Team Advances to the Semifinals of the Basketball Champions League Asia 2025 14 days
Asia Reference Center for Election Observation to Be Established in Mongolia 14 days
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