Economy
Green Bond Issued for Waste Recycling
TJTB LLC, a company listed on the Mongolian Stock Exchange, has introduced the “Green Recycle” Green Bond for public offering.
3 days
Savings in the National Currency of Mongolia Increased by MNT 5.4 Trillion
The savings in Tugrug, the national currency of Mongolia, reached MNT 20.7 trillion as of the end of October 2024, an increase of MNT 94 billion (0.5 percent.) Compared to the same period of 2023, the total amount of Tugrug savings increased by 5.4 trillion, or 34.9 percent. 
5 days
Central Bank of Mongolia Decides to Keep Policy Interest Rate at 10 Percent
The Monetary Policy Committee of the Bank of Mongolia has decided at a regular meeting to maintain the policy interest rate at 10 percent and increase the reserve requirement in both domestic and foreign currency by 1 percentage point respectively to 11 percent and 16 percent, considering the current state of the economy, banking, and financial markets and the risks of the external environment.
9 days
Certificate of Origin for Products Exported to Japan to Be Issued Digitally
Mongolia will begin issuing certificates of origin for products exported to Japan digitally. This initiative aims to enhance the implementation of the Economic Partnership Agreement between the two countries and to support manufacturers and business operators.
11 days
The Trade and Development Bank JSC Recognized as the “Best Corporate Bank of 2024” by Euromoney Magazine
Euromoney magazine annually organizes the "Awards for Excellence," a program that celebrates remarkable achievements in the global banking and financial sector, choosing the best of the best. These awards are recognized as the most prestigious in the banking industry. In 2024, the Trade and Development Bank JSC was honored as "The Best Bank for Corporates," affirming its role as a leading institution that proudly represents Mongolia on the international stage.
11 days
Trade & Development Bank Brings Apple Pay to Customers
Trade and Development Bank of Mongolia, today, brings its customers Apple Pay, a safer, more secure, and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons, or exchanging cash - and uses the power of iPhone to protect every transaction. 
12 days
Over 50 Mongolian Companies Received the “Women Owned” Certification Label
On December 5, 2024, the She Trades Hub in Mongolia organized the “She Leads” event at the Mongolian National Art Gallery to promote products and services of women-led enterprises.
12 days
ADB and Xacbank Sign USD 50 Million Deal to Boost Climate and MSME Financing in Mongolia
The Asian Development Bank (ADB) and XacBank Joint Stock Company (XacBank) signed a USD 50 million financing package on December 3, 2024, to enhance financing for climate action and to support micro, small, and medium-sized enterprises (MSME) in Mongolia.
13 days
Two New Products Launched on Mongolian Stock Exchange
Two companies have launched new products on the Mongolian Stock Exchange. Specifically, “Shunkhlai” LLC started the primary market trading of “Shunkhlai” bonds, while a bell-ringing ceremony for the IPO of “Tenger Daatgal” LLC was held on November 28, 2024.
18 days
Central Bank of Mongolia Purchased 1.6 Tons of Precious Metals in November
In November 2024, the Central Bank of Mongolia purchased 1,689.5 kg of precious metals, bringing the total amount to 15.8 tons since the beginning of the year. 
18 days
Mongolia Exports 74.2 Million Tons of Coal in 2024
According to the Mongolian Customs General Administration, on December 1, 2024, Mongolia exported 18.2 thousand tons of coal. 
18 days
Mongolia to Establish an Ecolabelling System
Ahead of the Mongolian Sustainable Finance Forum-2024, organized under the auspices of the President of Mongolia, a business meeting on the theme “The Path to a Green and Circular Economy: International Experience and Cooperation” took place on November 27, 2024, at the “Ulaanbaatar Gallery.”
19 days
Gender Gap in Employment Rates Reaches 15.5 Percentage Points
According to the third quarter of the 2024 Labor Force Survey, conducted at the national level, 1.4 million people of the total population aged 15 and above are part of the labor force, while 849.6 thousand people are categorized as outside the labor force.
24 days
Renewable Energy Projects Being Implemented in the Western Region of Mongolia
The Government of Mongolia and the Asian Development Bank (ADB) are jointly implementing new projects to increase renewable energy sources in the western region of Mongolia.
24 days
Foreign Exchange Reserves of Mongolia Exceed USD 4.9 Billion
As of November 25, 2024, the official foreign exchange reserves of Mongolia exceeded USD 4.9 billion, an increase of USD 38.8 million or 0.8 percent compared to the beginning of this year. This is the amount that satisfies the country's foreign exchange-paid import needs for 5.1 months, according to the Bank of Mongolia. 
24 days
The 2025 Draft Budget of Ulaanbaatar City Submitted
In accordance with the Budget Law of Mongolia, Deputy Governor of the Capital City Davaadalai Tumendalai submitted the 2025 Budget Draft of Ulaanbaatar City to Chairman of the Citizens’ Representative Khural of the Capital City Bayar Amarbayasgalan on November 25, 2024.  
27 days
Mongolian Sustainable Finance Forum to Be Held under the Auspices of the President of Mongolia
Under the auspices of the President of Mongolia, the Mongolian Sustainable Finance Forum-2024 will be held in Ulaanbaatar on November 27- 29, 2024.
30 days
Bids for Incineration Plant and Waste to Energy Plant to Be Announced Next Month
The Governor's Office of the Capital City of Mongolia plans to launch phased measures to build a sludge drying and incineration plant and a waste-to-energy plant between 2024 and 2028 as part of improving Ulaanbaatar's engineering infrastructure.  
32 days
Tserenbadral: “Mongolian Capital Market Connectivity 2024: Korea” Is a Platform to Attract South Korean Investments to Mongolia
The Financial Regulatory Commission of Mongolia, the Mongolian Association of Securities Dealers (MASD), and the Korea Financial Investment Association jointly organized the “Mongolian Capital Market Connectivity 2024: Korea” event in Seoul, the Republic of Korea, on November 18, 2024. 
33 days
New Electricity Tariffs Set
The Energy Regulatory Commission is set to increase electricity tariffs from November 15, 2024. The Energy Regulatory Commission has announced that the average electricity tariff will be raised from MNT 216 per kWh to MNT 280. The changes were made in a way to not overburden households financially and encourage them to monitor their energy consumption and save energy.
34 days
Japan to Fund Renovation of Secondary School No. 1 in Sagsai Soum, Bayan-Ulgii Aimag 2 days
Political Consultation Between the Foreign Ministries of Mongolia and Oman 3 days
Reducing the Shortage of Teachers and Enhancing Teacher Recognition 3 days
Thirtieth Anniversary of the Mongolia-Japan "Partnership Association" Celebrated in Ulaanbaatar 3 days
Mongolia and India to Expand Cooperation in Culture, Sports, Tourism, and Youth Development 3 days
The Government of Mongolia Raises Pensions by Six Percent 3 days
The Second Consultative Meeting between the Ministries of Foreign Affairs of Mongolia and Canada Takes Place in Ottawa 3 days
“Chimney-Free Zone” to Be Established in Ulaanbaatar 3 days
"Tengeriin Elch" Historical Opera to Delight Audiences 3 days
Green Bond Issued for Waste Recycling 3 days
Baganuur 50 MW Battery Storage Power Station Supplies Energy to Central System 3 days
The Second National Oncology Center to Be Constructed in Ulaanbaatar 3 days
Mongolia and the UN Review Progress of Sustainable Development Cooperation Framework 2023-2027 3 days
Deputy Chairman of the State Great Khural of Mongolia Receives Ambassadors of the French Republic and the European Union 3 days
The Urban Planning Administration Overseeing the Development of New Kharkhorum City 4 days
Human Remains Dating Back 25,000 Years Discovered in Mongolian Gobi Desert 4 days
Hunnu Aristocrats' Burial Complex to Be Registered as World Cultural Heritage 4 days
Presenting New Research Findings on Mongolian Literature Written in Tibetan 4 days
Ambassador of Mongolia to the People’s Republic of China Enkhbold Nyamaa Presents Letter of Credence 5 days
Murun Purevdorj to Compete in the "2025 Dakar Rally" 5 days
Mongolian National Team Wins 79 Medals in 2024 5 days
Zandanshatar Gombojav Elected President of the Mongolian Chess Federation 5 days
Mongolian Athletes Improve Their Rankings by 36-78 Positions 5 days
Thirty World Records Set During the 2024 Weightlifting World Championships 5 days
Draft Resolution on Commemorating the 130th anniversary of the birth of Sambuu Jamsran Submitted 5 days
Mongolian Aviation Sector Marks an Unprecedented Accomplishment in its History 5 days
A Modern Laboratory for Restoration of Cultural Artifacts Now Operational 5 days
Savings in the National Currency of Mongolia Increased by MNT 5.4 Trillion 5 days
This Week in Mongolia 6 days
Mongolia Provides 360 Panoramic Photos to Google Maps 9 days
Przewalski Horses to Be Reintroduced to Numrug with Czech Support 9 days
Central Bank of Mongolia Decides to Keep Policy Interest Rate at 10 Percent 9 days
Mongolian University of Science and Technology Decorates Its Classroom with the World's Heaviest Metal 9 days
Law on Budget of Mongolia for 2025 Approved 10 days
Mongol Nomad Migration Recognized as Intangible Cultural Heritage of Humanity 10 days
ADB-Funded Projects in Darkhan-Uul Aimag Supporting Mongolia's Regional Development 10 days
Asian Development Bank Projects Yielding Positive Results in Selenge Aimag 10 days
The Capital’s First Four “Job Centers” Have Opened Their Doors 10 days
Certificate of Origin for Products Exported to Japan to Be Issued Digitally 11 days
President of Mongolia Khurelsukh Ukhnaa Visits Milk Farms 11 days
Direct Flights from Ulaanbaatar to Ho Chi Minh City Officially Launched 11 days
The Trade and Development Bank JSC Recognized as the “Best Corporate Bank of 2024” by Euromoney Magazine 11 days
Mongolia and Germany Agree to Convert Debt into Public Health Investments 12 days
First Tariff Wage Network in the Cashmere Sector to be Introduced to Mongolia 12 days
Trade & Development Bank Brings Apple Pay to Customers 12 days
Over 50 Mongolian Companies Received the “Women Owned” Certification Label 12 days
Mongolian Athletes Bring Home 80 Out of 90 Medals at the World Memory Championships 12 days
Photo Exhibition Displaying the Wonders of the Philippines Opens in Mongolia 12 days
Photo Exhibition Displaying the Wonders of the Philippines Opens in Mongolia 13 days
Major Ulaanbaatar Projects Presented to Attract Chinese Investment and Cooperation 13 days
17-Year-Old Mongolian Judoka Claims Bronze at Tokyo Grand Slam 13 days
ADB and Xacbank Sign USD 50 Million Deal to Boost Climate and MSME Financing in Mongolia 13 days
Mongolian "Moon Dance" Wins Bronze Medal at the 2024 WDSF World Championship Formation Latin 13 days
Mongolia to Intensify Bilateral Relations and Cooperation with the Kingdom of Bahrain 13 days
This Week in Mongolia 13 days
Prime Minister of Mongolia Calls for Countries to Unite Against Desertification Under the Theme “One for All, All for One” 16 days
Mongolian Culture Center Opens at the University of Parma 16 days
Mongolia Hosts the "Founder of the Democratic Constitution of Mongolia Chimid Byaraa" International Academic Conference 16 days
Mongolia and the UAE Exchange Views on Expanding Bilateral Relations and Cooperation 16 days
Mongolian Herders on Exchange Program to Senegal 17 days
Finest Works from the XVIII-XX Centuries on Display 17 days
Exploring Solutions to Reduce Carbon Emissions and Supply Clean Energy in Ulaanbaatar 17 days
“Norovbanzad Namjil” Commemorative Silver Coin Now on the Market 18 days
Mongolian Athletes Secure 13 Medals at Mas-Wrestling World Championship 2024 18 days
Implementation of Major Projects to Intensify Mongolia-France Cooperation Agreed to Commence in the Near Future 18 days
Saudi Arabia Affirms Commitment to Cooperation with Mongolia in Renewable Energy, Mining, and Tourism 18 days
Prime Minister of Mongolia Meets Crown Prince of the Kingdom of Saudi Arabia 18 days
Meet the Mongolian Judokas to Compete at the Tokyo 2024 Grand Slam 18 days
Two New Products Launched on Mongolian Stock Exchange 18 days
Central Bank of Mongolia Purchased 1.6 Tons of Precious Metals in November 18 days
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