Economy
Erdenes-Tavantolgoi pays out its loan to Development Bank
Erdenes-Tavantolgoi LLC has paid out USD100 million out of its loan of USD200 million to the Development Bank of Mongolia ahead of the scheduled time, following the decision by its Board of Directors.
2774 days
MSE share capital goes up
The Financial Regulatory Commission (FRC) has raised the share capital of the Mongolian Stock Exchange JSC by MNT20 billion and made changes to the securities registration.
2775 days
‘Invest Mongolia Tokyo 2017’ conference approaching
The 5th 'Invest Mongolia Tokyo 2017’ annual conference will be held on November 24 in Tokyo, Japan.
2778 days
Working group re-established for Erdenet Corporation and Mongolrostsvetmet JSC
The Cabinet meeting held Thursday decided to re-establish a working group in responsible for taking actions, which are reflected in the Parliamentary resolution #23, namely ‘Some actions on Erdenet Mining Corporation and Mongolrostsvetmet JSC’.
2778 days
State budget amendment approved
At a plenary meeting of the Parliamentary Session on October 26, parliamentarians approved an amendment to the Law on State Budget 2017.
2778 days
Foreign Minister affirms to support SMEs
On October 26, Foreign Minister D.Tsogtbaatar met representatives of business entities and professional associations to discuss and exchange views on a current state of the country's foreign trade.
2778 days
Tax on pine nuts collects MNT2 billion
Arkhangai aimag has put income of MNT2 billion from tax on pine nuts harvesting to the state budget this year. Tax of MNT800 is imposed on each kilo of pine nuts for commercial or production use and MNT500 for household use.
2779 days
Mongolian Government raises USD 800 million bond
The Government of Mongolia issued a new bond of USD 800 million on the international market, said B.Choijilsuren, former Minister of Finance on Wednesday.
2779 days
Possibility to save 700 million kWh of electricity revealed
The Energy Regulatory Commission (ERC) together with the Global Green Growth Institute (GGGI) made an audit on energy savings of 15 companies and they concluded that total electricity of 260 million kWh worth MNT35 billion could be saved.
2779 days
Forum on supporting SMEs held
A survey shows that over 80 per cent of labor force in Mongolia are employed at small and medium enterprises. It is projected supporting them would increase the number of middle-class people and contribute to expanding the national economy.
2779 days
Children taught importance of savings
In the frameworks of the Bank of Mongolia's (BoM) three-month nationwide campaign ‘Financial Literacy’, the BoM intends to celebrate the World Savings Day in the country, in collaboration with the Germany’s Savings Banks Foundation for International Cooperation, the Mongolian Banking Association and the Mongolian Insurers Association.   
2781 days
Cooperation to broaden in Women’s Business Center project
Deputy Mayor of Ulaanbaatar D.Enkhtor and South Korean delegates from the Office for Government Policy Coordination Prime Minister’s Secretariat and the KOICA have visited the Women’s Business Center (WBC), exchanging views on widening cooperation further in the WBC project.
2781 days
Mayor S.Batbold visits Air Busan
Ulaanbaatar city delegates headed by Mayor S.Batbold have visited the Air Busan company in scope of an official visit to the Republic of Korea. The Air Busan launched direct flight to Ulaanbaatar on June 24, 2016, making it regular twice a week. President of the company Tae Keun Han, First Deputy President Pan Ho Choi welcomed the delegates.
2781 days
Fitch and S&P rate IDR of Mongolia 'B'
The Fitch Ratings and S&P, international credit rating agencies, have rated the Mongolian Government’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at 'B', same as the previous rating.
2782 days
Agriculture Minister assigns urgent actions for winter preparations
Minister of Food, Agriculture and Light Industry B. Batzorig called a meeting with heads of the Ministry’s Departments and relevant organizations on October 21.
2782 days
Mongolia and ADB sign agreements to develop Health, Education Master Plans
The Asian Development Bank (ADB) and the Government of Mongolia signed two technical assistance (TA) agreements totaling $1.6 million to support the preparation of the country’s health and education sector master plans on October 20.
2782 days
Regional transport and logistics cooperation under discussion
An international conference themed ‘Regional Transport and Logistics Cooperation – Development Road’, organized by the Ministry of Road and Transport Development and the United Nations Economic and Social Commission for Asia and the Pacific, opened on October 19 in Ulaanbaatar.
2786 days
State budget amendment discussed
On October 18, the Parliamentary Standing Committee on Economy made a second discussion of draft amendments to the Law on 2017 State Budget and the Law on 2017 budget of Social Insurance Fund.
2787 days
Sainshand Wind Park Project launched in Dornogobi aimag
On October 12, a launch ceremony for a 55MW wind park was held in Dornogobi aimag. Located 460km east of Ulaanbaatar city, the Sainshand Wind Park will be Mongolia's third wind park.
2787 days
XacBank selected as Best Bank of Mongolia by Global Finance Magazine
The Global Finance Magazine, well reputed and acknowledged organization for measuring global banking and finance criterion, named the XacBank as the 2017 Best Bank of Mongolia in the monthly magazine’s March edition. This magazine also sets standards and predicts where development is progressing.
2787 days
Revised Draft Law on Value Added Tax to Be Submitted to Parliament 13 hours
Draft Law on Private Supplementary Pensions to Be Submitted 13 hours
Mongolia-South Korea "Rainbow Bridge" Joint Exhibition Opens New Conceptual Horizons 13 hours
Mongolia to Host “Sustainability Dialogue 2025 - Climate Action: Billions of Trees” Forum 14 hours
UN General Assembly Adopts Draft Resolution "Proclaiming July 11 as World Horse Day" Initiated by President of Mongolia 15 hours
Food and Agriculture Organization of the United Nations Appoints New Representative in Mongolia 15 hours
Mongolia Appointed as Vice Chair of the Asia Food and Agriculture Cooperation Initiative 16 hours
A Mongol Horse Running Home 16 hours
Mongolia to Host FIBA 3x3 World Cup for the First Time 16 hours
UN General Assembly Adopts Draft Resolution "Proclaiming July 11 as World Horse Day" Initiated by President of Mongolia 16 hours
Works of Laureate of the State Premium and People's Writer Erdene Senge Added to the Library of Congress 18 hours
Newly Operational Power Plants Providing Consistent Supply of Electricity 20 hours
Law Enforcement Personnel Plant Over 100,000 Trees 20 hours
Ceramic and Art Panel by Japanese Artists Installed at the Chinggis Khaan National Museum 21 hours
Mongolia and Turkmenistan Sign a Joint Declaration on Developing Bilateral Cooperation 1 day
Health Sector Employees to Establish a Grove in “IGM” Park 1 day
“1 Tugrug” Commemorative Coin Now on the Market 1 day
Draft Resolution on the Parliamentary Motion of Confidence in Prime Minister Falls Short on Approval 1 day
Mongolian Circus Artists Awarded the “Silver Crown” 1 day
Service for Tree Registration Added to the E-Mongolia System 1 day
The Bank of Mongolia Purchases 1014.3 Kilograms of Precious Metals in May 1 day
National Emergency Management Agency of Mongolia and U.S. Pacific Air Forces to Implement "Rescue Drill & Traineeship" Program 1 day
Mongolia to Host Asia-Pacific Facilitation Regional Forum on Air Transport Facilitation 1 day
National Control Program for Foot-and-Mouth Disease Receives International Validation 1 day
State Visit of President of Turkmenistan to Mongolia Concludes 2 days
Mongolian and Turkmen Businesses Lay Foundation for Long-Term Cooperation 2 days
Base Tariff for the Transportation of Petroleum Products by Rail to Be Halved 2 days
Schedule of Traditional Mongol Wrestling Tournaments and Events of June 2025 2 days
Mongolia and Turkmenistan Sign a Joint Declaration on Developing Bilateral Cooperation 3 days
Chairman of the State Great Khural Pays a Courtesy Call on President of Turkmenistan 3 days
MONTSAME Mongolian National News Agency and Turkmenistan State News Agency "TDH" Sign a Memorandum of Understanding 3 days
Mongolia and Turkmenistan Sign Documents to Advance Bilateral Relations and Cooperation 3 days
Mongolian Freestyle Wrestlers Win 29 Medals in Home Arena 3 days
Presidents of Mongolia and Turkmenistan Hold Official Talks 3 days
President of Mongolia Welcomes President of Turkmenistan 3 days
Regular Train Rides on the Ulaanbaatar-Beijing Railway Route to Be Resumed 3 days
Mongolian Dance Teams Win Three Gold Medals at the World Championship Choreography Latin 2025 3 days
Farmers Compensating Human Resource Deficit through Technology 3 days
This Week in Mongolia 3 days
President of Turkmenistan Arrives in Mongolia for a State Visit 3 days
Mongolia Bans Online Gambling, Betting, and Paid Lotteries 6 days
Odontuya Saldan: One Percent of Tax Credits Will Be Allocated for Air Pollution Reduction 6 days
Progress of Floodwall Construction on the Selbe River is 80 Percent 6 days
Public Service Kiosks to Be Installed in All Soums of Mongolia 6 days
Mongolia to Host COP17 on August 17-28, 2026 6 days
“Under One Roof” Exhibition Opens at Zanabazar Museum of Fine Arts 6 days
Mongolia Reaffirms Global Health Commitment at the 78th World Health Assembly 6 days
The National Center for Maternal and Child Health of Mongolia Performs Living-Donor Kidney Transplant 6 days
Mongolia and Australia Discuss Cooperation in Light Industry 6 days
Deputy Foreign Ministers of Mongolia, Russia, and the PRC Hold Trilateral Meeting 6 days
Progress on the Project to Boost Employment Reaches 86 Percent 7 days
“Tourism Training Center” Opens 7 days
ADB's 2025-2028 Country Partnership Strategy for Mongolia Launched 7 days
Mongolian National Chamber of Commerce and Industry and Golomt Bank to Cooperate in Empowering Women Entrepreneurs 7 days
Christopher P. Atwood: I Wanted to Bring "The Secret History of the Mongols" Closer to English-Speaking Audiences 7 days
Mongolia and the Republic of Korea to Cooperate in Resolving Climate Change Issues 7 days
Mongolia and Italy to Cooperate under Mongolia’s “White Gold” National Movement 7 days
Mongolia Proposes Regional Integration of Intelligent Transport Systems 7 days
“Milk Festival-2025” to Be Held in Mongolia for the First Time 7 days
Today Marks the International Day of United Nations Peacekeepers 7 days
Mongolian Team to Participate in the AVC Women’s Volleyball Nations Cup 7 days
Draft Resolution on Parliamentary Motion of Confidence in Prime Minister of Mongolia to Be Submitted 7 days
Inflation to Be Maintained at 7 Percent in 2026 8 days
Funding Sources from Banks to NBFIs Have Doubled 8 days
G. Orgilbold Wins Powerlifting World Championship for the Fourth Consecutive Year 8 days
"Ulaanbaatar Amazons" Wins Third Place in Two FIBA 3x3 Women's Series 8 days
Eighth National Children’s Summer Sports Festival of Mongolia Kicks Off 8 days
“Spring in Khaan's Palace-2025” Special Event Promotes Heritage and Culture 8 days
President of Turkmenistan to Pay a State Visit to Mongolia 8 days
State Visit of Federal President of the Republic of Austria to Mongolia Concludes 8 days
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