Economy
Gold, Mined by Artisanal and Small-Scale Miners of Mongolia to Be Supplied to International Jewelry Companies
The Bank of Mongolia has signed a Memorandum of Understanding with the Swiss Better Gold Association and Argor Heraeus, the precious metals refinery of Switzerland.
3 days
Contract for the Construction of Gashuunsukhait-Gantsmod Cross-Border Railway Signed
“Tavantolgoi Railway” LLC of Mongolia and “China Railway Construction Bridge Engineering Bureau Group” Ltd of the People’s Republic of China have finalized and signed the Contract for the Construction of the Gashuunsukhait-Gantsmod Cross-Border Railway.
6 days
Legal Regulations Protecting Taxpayers’ Rights and Interests Enforced
Since February 2025, the tax authority has discontinued the procedure of publicizing information about taxpayers, without the taxpayers’ consent, who have violated tax legislation, failed to rectify the violations, or have repeated the same violation three or more times.
7 days
Second Phase of the IFC Green Finance Market Development Project Launches
The Financial Regulatory Commission of Mongolia and the International Finance Corporation (IFC) have renewed their partnership to further advance sustainable finance in Mongolia by signing a new Memorandum of Understanding. The signing of the cooperation document also marks the launch of the second phase of the IFC Green Finance Market Development Project.
10 days
Mongolia Maritime Administration and Korea Shipowners' Association Sign Memorandum of Understanding
The Mongolia Maritime Administration and the Korea Shipowners' Association signed a Memorandum of Understanding on Cooperation on June 4, 2025.
11 days
Astana International Forum-2025 Brings Together Public and Private Sector Leaders from Over 70 Countries
The Astana International Forum-2025 was held in Astana, the Republic of Kazakhstan, on May 29-30, 2025, convening prominent figures of the United Nations, European Union, and public and private sector leaders from over 70 countries. At the International Forum, discussions were held on pressing global issues, including peace initiatives, economic partnerships, and sustainable resource management.
11 days
Food and Agriculture Organization of the United Nations Appoints New Representative in Mongolia
In concurrence with the Government of Mongolia, the Food and Agriculture Organization (FAO) of the United Nations appointed Dr. Qingyun Diao as the new FAO Representative in Mongolia, starting from May 28, 2025.
12 days
Mongolia Appointed as Vice Chair of the Asia Food and Agriculture Cooperation Initiative
During the 7th General Assembly of the Asia Food and Agriculture Cooperation Initiative (AFACI), delegates of member countries elected Mongolia as the vice chair of the organization for a three-year term.
12 days
“1 Tugrug” Commemorative Coin Now on the Market
In commemoration of the centenary of the introduction of the national currency “tugrug” into circulation, the Bank of Mongolia has released a commemorative coin bearing the denomination “1 tugrug,” minted in one ounce of gold and silver, for sale.
13 days
The Bank of Mongolia Purchases 1014.3 Kilograms of Precious Metals in May
The Bank of Mongolia purchased 1,014.3 kilograms of precious metals in May 2025, representing a decrease of 0.83 percent compared to the previous month.
13 days
Mongolian and Turkmen Businesses Lay Foundation for Long-Term Cooperation
The Mongolia-Turkmenistan Business Forum was held at the Mongolian National Chamber of Commerce and Industry on June 2, 2025.
14 days
Base Tariff for the Transportation of Petroleum Products by Rail to Be Halved
The Ministry of Road and Transportation of Mongolia issued a regulation to reduce the base tariff for the transportation of petroleum products on the "Sukhbaatar-Zuunbayan-Tsogttsetsii-Tavantolgoi" by 50 percent. 
14 days
Farmers Compensating Human Resource Deficit through Technology
While visiting agricultural sites, State Secretary of the Ministry of Food, Agriculture and Light Industry Jambaltseren Tumur-Uya met with farmers, receiving feedback and discussing relevant measures on support and incentives.
14 days
Mongolia and Australia Discuss Cooperation in Light Industry
Within the framework of the "White Gold" National Movement initiated by the President of Mongolia, the Economic Policy Advisor to President of Mongolia Davaadalai Batsuuri met with Deputy Head of the Australian Embassy in Mongolia Andrew Berryman, on May 28, 2025.
17 days
Progress on the Project to Boost Employment Reaches 86 Percent
The progress of the "Emergency Relief and Employment Support" Project, jointly implemented by the Ministry of Family, Labor, and Social Protection of Mongolia (MFLSP) and the World Bank, stands at 86 percent.
18 days
Mongolian National Chamber of Commerce and Industry and Golomt Bank to Cooperate in Empowering Women Entrepreneurs
The Mongolian National Chamber of Commerce and Industry (MNCCI) and Golomt Bank signed a Memorandum of Understanding on Improving Women Business Owners' Competitiveness, Capacity Building, and Financial Inclusion.
18 days
Mongolia and Italy to Cooperate under Mongolia’s “White Gold” National Movement
Economic Policy Advisor to the President of Mongolia Davaadalai Batsuuri met with Ambassador Extraordinary and Plenipotentiary of the Italian Republic to Mongolia Giovanna Piccarreta to discuss cooperation under the “White Gold” National Movement initiated by the President of Mongolia.
18 days
Inflation to Be Maintained at 7 Percent in 2026
On May 28, 2025, during the regular session of the Standing Committee on Budget of the State Great Khural (Parliament) of Mongolia, Members held the final discussion on the draft Law on the Fiscal Framework Statement for 2026 and the Budget Outlook for 2027–2028, along with the accompanying draft Resolution.
19 days
Funding Sources from Banks to NBFIs Have Doubled
A total of 575 non-bank financial institutions (NBFIs) operated in the first quarter of 2025 under licenses issued by the Financial Regulatory Commission of Mongolia (FRC), marking an 8.3 percent increase compared to the same period in 2024.
19 days
Mongolia-Austria Business Forum Convenes
On May 27, 2025, the Mongolian National Chamber of Commerce and Industry and the Austrian Federal Economic Chamber (WKO) jointly organized the Mongolia-Austria Business Forum, with support from EuroChamber Mongolia.
20 days
“Mongol-B” Team Wins Gold Medal at the World Rapid and Blitz Team Championships 3 hours
General Department of Taxation Awarded Silver Gender Equality Seal 3 hours
Young People with Disabilities Launch Advocacy Campaign 5 hours
This Week in Mongolia 6 hours
Reconstruction of Kharkhorin City Begins 20 hours
Early Detection for Autism Spectrum Disorders to Be Improved 3 days
Mongolian and International MMA Fighters to Participate in the “Khangarid Cup” 3 days
Uilstuguldur Altankhuyag Appointed Chief of Staff of the Office of the President of Mongolia 3 days
Mongolia-People’s Republic of China Joint Border Commission Agrees on Infrastructure and Security Priorities 3 days
“Chopiniana” and “Paquita” Ballets to be Staged at the Mongolian State Academic Theatre of Opera and Ballet 3 days
372 Athletes Will Receive Ranking Points for the Los Angeles 2028 Olympic Games 3 days
“Morin Khuur” Play Named Best at Baikal Mascot International Theater Festival 3 days
34th Prime Minister Zandanshatar Gombojav Receives Government Seal of Mongolia 3 days
People's Artist E. Amartuvshin Named One of the World's Top Five Opera Singers 3 days
Gold, Mined by Artisanal and Small-Scale Miners of Mongolia to Be Supplied to International Jewelry Companies 3 days
Zandanshatar Gombojav Appointed as Prime Minister of Mongolia 3 days
Student Police to Provide Assistance and Information for Tourists in Ulaanbaatar 4 days
Center of Excellence for English Language Teaching Opens in Ulaanbaatar 4 days
FIDE World Rapid and Blitz Team Chess Championships 2025 Underway 4 days
Standing Committee on State Structure Approves Proposal to Appoint Zandanshatar Gombojav as Prime Minister 4 days
President of Mongolia Submits Proposal to Nominate Zandanshatar Gombojav as Prime Minister of Mongolia to Parliament 4 days
Construction Work on 41 Hectares of Selbe Sub-Center Project Open for the Private Sector 4 days
Asia Folk 2025 Festival to Be Held for the Seventh Year in Ulaanbaatar 4 days
Lawyer Robert Painter: “It’s a Joy to See the T-Bataar Back Home and Smiling Happier Than Ever” 4 days
“Khasyn Khuleguud” Team Advances to the Semifinals of the Basketball Champions League Asia 2025 4 days
Asia Reference Center for Election Observation to Be Established in Mongolia 4 days
Mongolia Participates in the 113th Session of the International Labor Conference in Geneva 4 days
Draft Law on Amendments to the Law on the State Great Khural Submitted 4 days
Playtime Festival to Welcome 100,000 Attendees 4 days
Mongolian Boxers Claim Twelve Medals at World Boxing Cup European Series 2025 4 days
Mongolia Celebrates Buddha Day Nationwide 5 days
Mongolian Basketball Team “Xac Broncos” Advances to Basketball Champions Asia Quarterfinals 6 days
Mongolian Judokas to Compete in the 2025 World Judo Championships Depart for Budapest 6 days
“Danshig Naadam - Khuree Tsam 2025” to Be Held on June 27-29 6 days
Ministry of Environment and Climate Change of Mongolia and the Global Land Initiative to Cooperate in Combating Desertification and Land Degradation 6 days
Silver Gerege Discovered on the Territory of Mongolia for the First Time 6 days
Buddha Day: A Day of Compassion, Empathy, and Loving Kindness 6 days
Honorary Reception Commemorating 75 Years of Mongolia-Poland Relations Held 6 days
Contract for the Construction of Gashuunsukhait-Gantsmod Cross-Border Railway Signed 6 days
Aviation Meteorological Center Introduces ISO 9001:2015 Quality-Management System 6 days
MPP Nominates Zandanshatar Gombojav for Prime Minister of Mongolia 7 days
Mongolian Youths to Study U.S. Political Systems Under MUNCEP-2025 7 days
Davaadalai Tumendalai: Solid Construction Waste Can Be Recycled and Put Into Economic Circulation as Gravel and Aggregate 7 days
“Students' Grove” Established at NUM Training and Research Center in Kharkhorin 7 days
Mongolian Chess Players to Compete in the FIDE World Rapid and Blitz Team Chess Championships 7 days
The "Mongolian Gallery" Exhibition Opens in Calgary City of Canada 7 days
The "Czech Villadom" Project to Provide Green Housing for 40 Households Launches 7 days
Legal Regulations Protecting Taxpayers’ Rights and Interests Enforced 7 days
Acting Foreign Minister of Mongolia Receives Non-Resident Ambassador of Oman to Mongolia 7 days
Third State Central Hospital Introduces Surgery for Deep-Seated Brain Tumors 7 days
This Week in Mongolia 7 days
Honorable Mr. Ban Ki-moon Donates MNT 180 Million in Support of the “Billions of Trees” National Movement 10 days
Impressions and Insights of the Distinguished Guests of the Sustainability Dialogue 2025 10 days
Strings of the Soul: Fiddleland Ensemble in Concert 10 days
State Great Khural to Prioritize Strengthening Legislation Against Cybercrime 10 days
Construction of Ulaanbaatar Cable Car Project in Progress 10 days
President of Mongolia and the 8th UN Secretary-General Plant Trees in Peacekeepers' Grove 10 days
Ulemj Damiran: Countries are Focusing on Energy System Security 10 days
Muralee Thummarukudy: Mongolia Hosting COP17 Will Be a Turning Point for Global Rangeland Action 10 days
Khurelsukh Ukhnaa: Mutual Understanding and Cooperation are Crucial for Mitigating Climate Change 10 days
Second Phase of the IFC Green Finance Market Development Project Launches 10 days
Mongolia Secures the Right to Host the Asian Individual Chess Championships in 2026 10 days
Environmental and Social Impact of Ulaanbaatar Metro Project Under Assessment 10 days
“Sustainability Dialogue 2025 - Climate Action: Billions of Trees” International Forum Commences 10 days
Mongolian Tourism Companies Participating in KOFTA 2025 Under the “Go Mongolia” National Brand 10 days
Awards Presented to the Winners of the “S. Dashdoorov” Academic Research Competition 10 days
The 10th Ulaanbaatar Dialogue on Northeast Asian Security Commences 11 days
Mongolia Maritime Administration and Korea Shipowners' Association Sign Memorandum of Understanding 11 days
Mongolia Hosts Regional Conference of International Association of Prosecutors 11 days
Astana International Forum-2025 Brings Together Public and Private Sector Leaders from Over 70 Countries 11 days
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