Economy
Ulaanbaatar Receives 2,200-4,400 Tons of Semi-Coke Fuel Daily
Customs authorities in Erenhot, the People’s Republic of China, currently hold 8,000 tons of semi-coke, while the “Tavan Tolgoi Tulsh” LLC’s plant has stockpiled 35,000 tons of fuel.
3天
GDP per Worker Reaches MNT 6.2 Million
GDP per worker (at 2015 constant prices) reached MNT 6.2 million in the third quarter of 2025, an increase of MNT 252.9 thousand compared to the same period in 2024.
5天
Mongolia and Indonesia Hold First Business Forum
The Mongolian National Chamber of Commerce and Industry (MNCCI), in cooperation with the Embassy of the Republic of Indonesia in Beijing, held the inaugural “Trade and Investment Outlook” business forum in Ulaanbaatar, bringing together more than 40 business delegates from the two countries.
8天
Wool, Cashmere Industry Export Potential: USD 1 Billion
The Bank of Mongolia held the Non-Mining Export and Supply Chain Financing Conference on November 17, 2025, to discuss how Mongolia can unlock new economic potential by strengthening its non-mining sectors, especially wool and cashmere.
10天
Trade and Development Bank Launches Google Pay for TDB Cards in Mongolia
Trade and Development Bank (TDB), a pioneer in driving digital payment innovation in Mongolia, has introduced Google Pay for TDB cards to the Mongolian market today. This marks a significant milestone in shaping the next era of digital payments in the country.
10天
Social Insurance Fund Income Increases by 15.9 Percent in First Nine Months
According to the General Authority for Social Insurance of Mongolia, revenue collected by the Social Insurance Fund reached MNT 4.85 trillion in the first nine months of this year, an increase of 15.9 percent, or MNT 666.4 billion, compared to the same period in 2024.
11天
Government Mandates Loan Repayment by Erdenes Mongol Subsidiaries
The Board of Directors of “Erdenes Mongol” LLC has been instructed to ensure the repayment of outstanding loans and accrued interest owed by its subsidiaries, “Baganuur” JSC and “Shivee-Ovoo” JSC, to the state budget by the end of the first quarter of 2026. The repayment will be carried out in accordance with loan agreements financed through the government’s external borrowing programs.
15天
Parliament Approves 2026 Budget
The State Great Khural (Parliament) of Mongolia approved the 2026 Budget Law during its plenary session on November 12, 2025.
16天
Food Sales Rise to MNT 10.9 Trillion, Boosting Trade Sector Revenue
The trade sector’s sales revenue reached MNT 48.5 trillion in the first nine months of 2025, an increase of MNT 289.8 billion compared to the same period in 2024, the National Statistics Office of Mongolia reported.
16天
Construction Output Reaches MNT 8.8 Trillion in First Nine Months of 2025
Mongolia’s construction sector recorded a total output of MNT 8.8 trillion in the first nine months of 2025, according to the National Statistics Office. Of this, domestic construction companies accounted for MNT 8.5 trillion, while foreign contractors contributed MNT 349.3 billion.
16天
Proposal Made to Appoint Mongolian National as CEO of Oyu Tolgoi
Prime Minister Zandanshatar Gombojav held a virtual meeting with Katie Jackson, Chief Executive of the Copper Division of the Rio Tinto company, on November 11, 2025, to discuss ways to increase the benefits of the Oyu Tolgoi project for Mongolia.
16天
Training Held on Conducting Financial Statement Audits Under Contract
The National Audit Office organized a training session on November 10, 2025, for auditors from audit firms contracted to conduct financial statement audits. 
16天
Mongolian and Russian Businesses Seek to Expand Cooperation
The Mongolian National Chamber of Commerce and Industry (MNCCI) today organized a business meeting aimed at expanding cooperation between Mongolian and Russian enterprises.
17天
Inflation Reaches 9.2 Percent in October
Inflation rate in Mongolia, measured by the consumer price index, reached 9.2 percent in October 2025, 2.6 percentage points higher than the same period in 2024, according to the National Statistics Office of Mongolia.
17天
‘Energy Resource’ and ‘China Energy’ Agree on 2026 Coal Trade Volumes and Market Prices
“Energy Resource” LLC and “China Energy” Group have agreed on coal trade volumes and market prices for 2026.
17天
Hard Coal Exports Fall 1.4 Percent
Mongolia’s hard coal exports reached 65 million tonnes in the first ten months of 2025, down 1.4 percent compared to the same period last year, the Mongolian Customs General Administration reported.
17天
Mongolia Trades with 160 Countries
Mongolia traded with 160 countries in the first nine months of 2025, and the foreign trade turnover reached USD 19.2 billion.
18天
Training Organized on Free Trade, Economic Partnership Agreements
The Investment and Trade Agency, in cooperation with the Mongolian National Chamber of Commerce and Industry (MNCCI) and the Ulaanbaatar Chamber of Commerce, organized a training seminar under the theme “Business Opportunities through Free Trade and Economic Partnership Agreements.”
22天
Enterprises Have Reserves to Export 162,000 Tonnes of Meat
Currently, 59 enterprises have already exported 51,000 tonnes of meat and meat products worth USD 211.2 million.
23天
Bank of Mongolia Purchases 2,829 kg of Precious Metals in October
The Bank of Mongolia reported that 2,829 kilograms of precious metals were purchased in October 2025, marking a cumulative increase of 12.7 tons since the start of the year.
23天
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