Economy
Foreign trade turnover decreased by 16.7 percent
As of the first seven months of this year, total foreign trade turnover reached USD 6.7 billion, showing a decrease of USD 1.4 billion or 16.7 percent drop compared to the same period of last year. 
1776天
Project underway in Zavkhan aimag to open factories in every soum
As part of Zavkhan aimag’s goal to transform from consumer to producer, Z-24 project is being implemented to open factories in each one of 24 soums of the aimag.
1776天
Mongolian business entities invited to virtual fair to be held in Belarus
The Belarusian Chamber of Commerce and Industry has sent an invitation to the Mongolian National Chamber of Commerce and Industry, inviting Mongolian companies and entities to participate in a virtual trade fair to take place in the country.
1777天
BoM purchases 2.2 tons of precious metal in July
In July 2020, the precious metal purchase of the Bank of Mongolia (BoM) was 2.2 tons, raising the BoM’s total precious metal purchase of 2020 to 13 tons, of which 11.3 tons were gold and 1.7 tons were silver. It means the amount of precious metal purchase increased by 5.5 tons compared with the same period of previous year.
1777天
Measures to support people’s livelihood to continue
A presentation on making amendments to 2020 general budget of Mongolia has been delivered at the Cabinet meeting convened on August 5.
1778天
Darkhan Nekhii JSC prepares for export to Russia
Darkhan Nekhii JSC, a Tier 1 listed company on the Mongolian Stock Exchange (MSE), on August 3 presented its semi-annual financial and operational report to the public.
1778天
Liquid egg factory commissioned
“Tumen Shuvuut’ JSC, listed on the Mongolian Stock Exchange, has produced 33.5 million pieces of egg in the first half of 2020.
1778天
Mongolia-Singapore business meeting to take place virtually
The Mongolian National Chamber of Commerce and Industry in collaboration with the Embassy of Mongolia in Singapore plan to hold Mongolia-Singaporean webinar business discussion on September 10.
1778天
Currency swap agreement extended for three years
The bilateral currency swap agreement between the Bank of Mongolia and the People's Bank of China has been successfully renewed on July 31 for another 3 years until 2023.
1779天
Mongolia to enjoy tariff discount on 10 thousand types of products by joining APTA
The Ministry of Foreign Affairs (MFA) held a press briefing today to present actions being taken on expanding Mongolia’s trade and economic cooperation with its neighbor countries.
1783天
Mongolian Ambassador meets Cuba's Deputy Foreign Trade Minister
Ambassador Extraordinary and Plenipotentiary of Mongolia to the Republic of Cuba Sh.Battsetseg on July 30 met with Deputy Foreign Trade Minister of Cuba Debora Rivas.
1784天
Commemorative coin issued for the Year of the Mouse
Mongolia like other countries issues commemorative coins in unique designs and small amounts to commemorate special historic events. 
1784天
Mongolian-Turkish Chamber of Commerce and Industry convenes virtually
On July 27, the Mongolian-Turkish Joint Chamber of Commerce and Industry held a virtual meeting Co-chaired by the chamber’s Co-Chairs Ersin Kaska and S.Boldkhet.
1784天
ADB to continue its program for herders in Mongolia
Minister of Food, Agriculture and Light Industry Z.Mendsaikhan met yesterday, July 29 with the delegation of ADB headed by Country Director Pavit Ramachandran.
1784天
Finance Minister participates in 2020 AIIB annual meeting
The 5th Annual Meeting of Asian Infrastructure Investment Bank was held on July 28 and Minister of Finance Ch.Khurelbaatar took part in the meeting representing Mongolia.
1785天
Tavantolgoi-Gashuunsukhait railroad to be commissioned in 2022
During his working trip to Umnugobi aimag, Speaker of the Parliament G.Zandanshatar became familiarized with construction progress of Tavantolgoi-Gashuunsukhait railroad.
1790天
Industrial production in statistics
According to the preliminary results, the gross industrial output reached MNT 6.6 trillion in the first half of 2020, showing a decrease of MNT 1.9 trillion (22.5%) from the same period of previous year. 
1792天
Number of foreign tourists decreased by 73.8 percent
In the first half of 2020, 738.0 thousand passengers (double counting) have crossed the border of Mongolia, decreased by 2083.7 thousand or 73.8% compared to the previous year. 
1792天
3,900 foreigners from 92 countries employed in Mongolia
In the second quarter of 2020, 3.9 thousand foreign workers from 92 foreign countries were employed with labour contract in Mongolia including persons in employment work for pay or profit and persons in volunteer work without pay or profit.
1792天
“Darkhan leather and hide processing complex holds capacity to diversify economy”
On July 18, Minister of Food, Agriculture and Light Industry Z.Mendsaikhan became acquainted with the operations of the complex of the National Center for Livestock Gene Bank and the Institute of Plant and Agricultural Sciences in Darkhan city. 
1792天
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