Agriculture
Guarantee Insurance, Responsibility in the Economy and Methods of Implementation Training Meeting Held
On 29 Nov, the Financial Regulatory Commission of Mongolia (FRC), together with the National Reinsurance JSC and the Seoul Guarantee Insurance Company, organized a training meeting on "Guarantee Insurance, its role in the economy and methods of implementation" in order to expand the insurance market and develop insurance guarantees, which is a big impetus to the economic development. Mr. G.Temulen (Member of Parliament and Chairman of the Parliamentary Standing Committee on Budgets), the Financial Regulatory Commission, Ministry of Finance, Central Bank of Mongolia, Credit Guarantee Fund, Deposit Insurance Corporation of Mongolia, Mongolian Insurance Association, National Reinsurance JSC and other representatives of insurance companies attended the training meeting.
718 days
President U. Khurelsukh Receives Mongolia-Japan Economic Committee Members
Within the framework of his state visit to Japan, President of Mongolia U. Khurelsukh today received the members of the Mongolia-Japan Economic Committee headed by Tsubai Hiroyuki.
720 days
Tapan Mishra: Global crises affecting Mongolian society and the economy as a whole
The United Nations Resident Coordinator Office, the United Nations Development Programme, and the Ministry of Economy and Development of Mongolia jointly organized the “Socio-Economic Impact of Global Crises in Mongolia” seminar and workshop at Novotel Hotel on 21 November 2022.
727 days
Mongolia`s GDP expands by 3.7% in first 3 quarters
Ulaanbaatar /MONTSAME/. By production approach, Mongolia`s Gross Domestic Product (GDP) totaled MNT 35.2 trillion (over 10.3 billion U.S. dollars) in January- September period, which increased by MNT 5.3 trillion (17.7%) from the same period of the previous year. 
728 days
“The first state budget to be implemented in a year of austerity”
Last week, on November 11, the State Great Hural approved the 2023 State Budget of Mongolia. At a time when the whole world is trying to strengthen its economy by switching to austerity mode, how Mongolia budgeted its budget is drawing people's attention. The current budget is unique in that it was approved at a time of uncertain risks, from the need to keep the inflation rate at a single digit in the next year to the impact of geopolitical and war issues.
733 days
Fintech lending debt-to-income ratio regulated to be 70 percent
Technology-based loaning or Fintech lending rose 40 percent, and fintech borrowers accounted for 88.8 percent of the 1.6 million Non-bank Financial Intuitions (NBFI) borrowers.
735 days
FRC delegation participate in IAIS annual conference
A delegation led by Vice-Chairman of the Financial Regulatory Commission of Mongolia N. Khuderchuluun attended the International Association of Insurance Supervisors (IAIS) Annual Conference, held in Santiago, Chile.
735 days
Parliament approves 2023 State Budget
The State Great Hural of Mongolia has approved the 2023 State Budget.
735 days
"Golomt Bank" LLC has registered shares to be issued as public offer
A total of 31 issues were discussed at the 20th regular meeting of the FRC (9 November 2022), and decided to register the ordinary shares of "Golomt Bank" LLC in the register of securities approved for public offering.
739 days
Commemorative coins released for the 50th anniversary of diplomatic relations with Japan and Australia
The Bank of Mongolia has issued commemorative coins for the 50th anniversary of the establishment of diplomatic relations between Mongolia and Japan, and Mongolia and Australia.
739 days
“Erdenes Tavantolgoi” company to not agree on upfront payment terms
During its regular meeting dated October 26, the Cabinet made a decision to impose an emergency regime for “Erdenes Tavantolgoi” state-owned enterprise for six months, assigning State Secretary of the Ministry of Finance J. Ganbat as the Government’s Special Representative to take relevant measures to improve the company’s operations and management and increase the revenue.
739 days
Mining Minister becomes acquainted with operations of Yancoal mining company
Representatives of the Ministry of Mining and Heavy Industry visited Mount Thorley Warkworth coal mine of Yancoal mining company, which operates in the Hunter Valley of New South Wales, Australia, on 04 November 2022.
742 days
Mining minister J. Ganbaatar met with Minister for Resources of Australia
Minister of Mining and Heavy Industry of Mongolia J. Ganbaatar, who is participating in the “International Mining and Resources Conference (IMARC) 2022", met with Madeleine King, Minister for Mineral Resources and Minister for Northern Australia.
745 days
Possibilities of attracting investment in geological exploration discussed
J. Ganbaatar, Minister of Mining and Heavy Industry, met with Demus King, General Manager of Trade, Investment, and Investor Relations of the Minerals Council of Australia.
745 days
Mining Minister delivers speech at IMARC Mines & Money Conference
During his working visit to Sydney, Australia, Minister of Mining and Heavy Industry of Mongolia J. Ganbaatar delivered a speech on "Resources and Opportunities of Mongolia's Mineral Resources Industry" at the IMARC Mines & Money Conference.
745 days
Mining Minister participating in IMARC 2022
Minister of Mining and Heavy Industry of Mongolia J. Ganbaatar is participating in the “International Mining and Resources Conference (IMARC) 2022. On the sidelines of his participation in the event, the Minister met with Mr. Bandar bin Ibrahim Alkhorayev, Saudi Arabia`s Minister of Industry and Mineral Resources, and Shri Vivek Bharadwaj, State Secretary of the Indian Ministry of Mines.
746 days
All Ministries to be involved for preparations for "Years to Visit Mongolia"
The government has announced 2023 and 2024 as the “Years to Visit Mongolia”. The Ministry of Environment and Tourism informs that within the framework of the project that will launch at the beginning of next year, all the ministries including all the relevant branches of digital communication, intercommunication, road, transportation, air transport and services will be involved in coordination.
746 days
300 women representing SMEs and businesses gather to discuss “Green Labelling and Green Financing” in Mongolia
The “Green labelling and Green financing” conference was organized by the Ministry of Environment and Tourism and the EU-Switch Asia financed new project “Switching on the Green Economy”, implemented by People in Need. More than 300 women working in SMEs and businesses gathered to discuss green labelling and financing – vital tools to realize sustainable production and consumption in Mongolia.
749 days
Number of trucks transporting coal from Tavantolgoi to Tsagaankhad to be increased
The State Committee for Port Revitalization held its first meeting on 28 Oct 2022. Within the framework of implementing the Government's Resolution No. 362 of 5 Oct 2022, the concern of increasing the export volume of mineral products, which has a significant impact on the formation of Mongolia's budget revenue, and the state's foreign currency reserves, was discussed at the meeting.
749 days
Mongolia-China intergovernmental commission convened
The 17th meeting of the Intergovernmental Commission between Mongolia and China on Trade, Economic, Scientific, and Technological Cooperation was held on October 27.
752 days
The University of Humanities of Mongolia Integrates Artificial Intelligence into Its Programs 3 days
TDB Issues Mongolia’s First Green and Social Bond in the International Market 3 days
Sugartseren Shinen Wins First Place at the International Competition of Composers and Arrangers 3 days
“Khubilai Khaan’s Mongol Navy” Commemorative Coin Now on the Market 3 days
Improving the Effectiveness of the Mongolia-Japan Economic Partnership Agreement 4 days
The 13th GTI Transport Board Meeting Convenes in Ulaanbaatar 4 days
The MongolZ Climbs to the 9th Place in the HLTV World Ranking 4 days
Fiber Optic Network Expansion to Continue in Remote Areas of Mongolia 4 days
Protection of Children in Mongolia Impacted by Dzud Discussed 4 days
54.9 Percent of Construction, Capital Repairs, and Maintenance Completed in Local Areas 4 days
Khurelsukh Ukhnaa: Mongolia is Keen to Preserve the Balance of the Mountain Ecosystem 5 days
Mongolia Imports Goods and Raw Materials Worth USD 9579.8 Million 5 days
Digital Operator Services to Be Introduced at the Citizen Feedback 11-11 Center 5 days
Foreign Investment to Be Attracted in Priority Economic Sectors 5 days
Ongoing Negotiations on the Gashuunsukhait-Gantsmod Railway Project Presented 5 days
Mongolian Culture and Traditions Promoted at the 44th World Travel Market 5 days
President of Mongolia Participates in World Leaders Climate Action Summit 5 days
Draft Law on State-Owned Enterprises and Locally Owned Companies to Be Finalized 5 days
President of Football Club Barcelona Joan Laporta Visits Mongolia 5 days
Winter Horse Festival of Mongolia Approaching 5 days
President of Mongolia Khurelsukh Ukhnaa: Harmonious Coexistence with Mother Nature is the Foundation of Human Existence 5 days
UN Adopts “Literacy for Life: Shaping Future Agendas” Resolution Initiated by Mongolia 6 days
International Academic Conference on “The Epic of Jangar and Jangar Studies” Held in Honor of Scholar U. Zagdsuren 6 days
President of Mongolia Khurelsukh Ukhnaa Participates in World Leaders Climate Action Summit 6 days
Tenguundalai Ganbat Becomes World Champion at the 2024 World Youth Chess Solving Championships 6 days
The 8th Meeting of the Mongolia-ROK Intergovernmental Joint Committee Held 6 days
United Nations Climate Change Conference COP29 Commences in Baku 6 days
The “Cultural Creative Month” National Campaign Underway 7 days
Centennial of the Establishment of the Statistics Office in Mongolia Celebrated 7 days
Health Ministry to Take Preventive Measures to Reduce Infant Mortality 7 days
President of Mongolia Khurelsukh Ukhnaa Meets President of the Republic of Azerbaijan Ilham Aliyev 7 days
Reducing Air Pollution Through Renewable Energy Discussed 7 days
Climate Change Risk Index for 2030-2050 to Be Calculated 7 days
Savings in the National Currency of Mongolia Increased by MNT 5.7 Trillion 7 days
The Mongolian Team Wins 38 Medals at the Memoriad 2024 World Mental Sports Olympics 7 days
Draft Laws on the 2025 State Budget of Mongolia Approved 7 days
This Week in Mongolia 7 days
President Khurelsukh Confers the State Supreme Decoration of Mongolia, Order of Chinggis Khaan, to the 8th Secretary-General of the UN Honorable Mr. Ban Ki-Moon 9 days
Implementation of Child Protection Compact Partnership Discussed 10 days
Indian Government Provides Protheses to Citizens with Developmental Challenges 10 days
Mongolians Win Two Gold Medals at the Memoriad 2024 World Mental Sports Olympics 10 days
Mongolia and the Czech Republic to Expand Cooperation in Education 10 days
Foreign Minister of Mongolia Receives Ambassador of the Republic of India 10 days
Mongolian Scholars Take Part in the 21st International Scientific Conference “Youth in Science 2024” 10 days
Government of Mongolia to Cooperate with Alibaba Group in Three Key Transitions 10 days
E-Visa Issuance to Visit Mongolia Increases Threefold 10 days
Mongolian E-Sports Team “The MongolZ” Wins First Place and USD 500,000 in Berlin 11 days
Mongolian State Grand National Orchestra Performs at the Grand Hall of the Berlin Philharmonic 11 days
The Play “Mongol Khan” Draws Over 30,000 Attendees in Singapore 11 days
125.3 Million Passengers Transported In the First 10 Months of 2024 11 days
559.8 Thousand Trees Planted in Ulaanbaatar This Autumn 11 days
Celebrating the 60th Anniversary of the Establishment of Diplomatic Relations between Mongolia and France Discussed 11 days
Central Bank of Mongolia Purchases 1.9 Tons of Precious Metals 11 days
“Mongolia Investment Forum: Singapore 2024” Organized to Open Up New Investment Opportunities for Foreign Investors 11 days
Eight Cooperation Documents Signed Between Mongolia and China 12 days
Foreign Minister of Mongolia Receives Non-Resident Ambassador of the Republic of Singapore to Mongolia 12 days
Prime Minister Oyun-Erdene Delivers Speech at the Opening of the Shanghai Expo 12 days
Seven Medals Claimed at the World Amateur Chess Championship 12 days
“Script of the Eternal Sky” Exhibition Held at the Mongolian Art Center for Children’s Creativity 12 days
Champion of the National Pride Day Wrestling Tournament Awarded the Chinggis Khaan Trophy 12 days
M Bank Partners with Visa to Enhance Cross-Border Payments in Mongolia 12 days
MNT 1.4 Trillion to Be Allocated to the Road and Transport Sector in State Budget of 2025 13 days
National University of Mongolia to Collaborate with Melbourne Law School 13 days
Working Group Established to Cooperate with Huawei 13 days
Mongolia Targets to Harvest 30 Thousand Tons of Fruits and Berries by 2030 13 days
Drones Used for Reforestation Efforts in Mongolia 13 days
President Issues Decree to Support Mongolian History Studies 14 days
The University of Finance and Economics of Mongolia Awarded with the Order of Sukhbaatar 14 days
Emergency Reports Made Easier with What3words 14 days
This Week in Mongolia 14 days
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