Mining
Mongolia’s foreign trade surplus reaches USD 1.5 billion in 2019
In 2019, Mongolia traded with 152 countries from all over the world and total trade turnover reached USD 13.7 billion, of which USD 7.6 billion were exports and USD 6.1 billion were imports.
2053 days
Sales of industrial production reach MNT 20.1 trillion in 2019
By preliminary results of 2019, the gross industrial output reached MNT 17.4 trillion, showing an increase of MNT 1.8 trillion (11.2%) from the previous year.
2053 days
All types of transport carry 173 million passengers in 2019
At the end of 2019, 69.0 million tonnes of freight were carried in total by all types of transport. Compared to the same period of the previous year, the carried freight increased by 1.2 million tonnes (1.7%).
2053 days
Oyu Tolgoi 2019 fourth quarter production and 2020 guidance released
Ulaanbaatar /MONTSAME/. Turquoise Hill, who focuses on the Oyu Tolgoi mine development in Mongolia through its 66 percent of stakes, today announced fourth quarter 2019 production for Oyu Tolgoi as well as operational and financial guidance for 2020.
2053 days
Mongolian carriers become able to make transport to 16 countries
As a result of active work of the Ministry of Road and Transport for developing international road transport relations with European Union member states, conditions created to make transport with 16 countries, exchanging a letter of consent on conducting transportation.
2054 days
Mongolia welcomes 577.3 thousand tourists last year
The National Statistical Office reported that a total of 6.1 million passengers (double counting) have crossed the border of Mongolia in 2019, showing a decrease of 5.5 thousand or 0.1 percent.
2054 days
Erdenet Thermal Power Plant produced 324 million kw/h electricity in 2019
Orkhon /MONTSAME/. Thermal Power Plant of Erdenet Mining Corporation started electricity electricity two years ago. In 2019, the plant fulfilled its electricity supply plan by 100.1 percent, providing a total of 324 million kw/h of electricity. 
2054 days
World Bank East Asia Pacific Regional Vice President visits Mongolia
Ulaanbaatar /MONTSAME/. The World Bank Vice President for East Asia and Pacific, Victoria Kwakwa, concluded a two-day official visit to Mongolia on January 14.
2056 days
Shadow economy fluctuates at 9.2-15.7 percent of GDP
Ulaanbaatar /MONTSAME/. The National Statistical Office of Mongolia released a report on research made on the informal economy of Mongolia between 2015 and 2018. The report shows that the share of shadow economy in the country’s GDP has been fluctuating at around 9.2 – 15.7 percent in the last decade. 
2056 days
Free zones to be discussed
Current state, future, and the development of Zamyn-Uud, Altanbulag, and Tsagaannuur free economic zones will be broadly discussed on January 16.
2056 days
Mongolian products placed in Chinese online trading center
Over 100 types of products of Mongolian entities have been placed in Ho Tao online trading center in Bayannur city of Inner Mongolia Autonomous Region of China under circumstances to pay tax after sale.
2056 days
Import increases by 4.3 percent in 2019
Mongolia imported materials and products worth USD 6.1 billion in 2019 which increased by 4.3 percent compared with 2018, according to Mongolian Customs General Administration (MCGA).
2056 days
Mongolia joins Addis Tax Initiative
Ulaanbaatar /MONTSAME/. The Addis Tax Initiative (ATI) has welcomed Mongolia as its newest member. In its press release, the ATI acknowledged Mongolia’s commitment to increasing domestic revenue mobilization (DRM) towards sustainable development. 
2056 days
Development plan for knowledge economy introduced
At the initiative of the Mongolian National Chamber of Commerce and Industry, the Speaker of Parliament G.Zandanshatar held a meeting with businessmen on January 11, exchanging views on timely issues and economic development of the country.
2057 days
EBRD finances major infrastructure project in Mongolia
Regional integration and international trade between Mongolia, China and Russia will be boosted by the completion of a major infrastructure project supported by the EBRD.
2057 days
Issues on Ulaanbaatar-Darkhan road extension construction discussed
Ulaanbaatar /MONTSAME/.  Minister of Finance Ch.Khurelbaatar and Minister of Road and Transport Development B.Enkh-Amgalan met with Mr. Mookiah Thiruchelvam, Project Administration Unit Head of the Asian Development Bank’s Resident Mission in Mongolia. 
2060 days
New land valuations and tax payment system introduced
Land valuations, payment and tax system has been introduced into use.
2060 days
Central bank reports on outstanding pension loan balance
Ulaanbaatar /MONTSAME/. Concerning the issue of one-time cancellation pension-backed loan debts proposed by the National Security Council of Mongolia, which is under discussion at a parliament level, Bank of Mongolia today presented the latest pension loan balance report. 
2061 days
Day of Exporters created
The Government of Mongolia attaches great importance to the promotion of exports, in particular the increase of production of non-mining products’ export, and implements step by step policy measures. 
2061 days
InvesCore Group to partner with China’s Alibaba Group
On January 8, InvesCore Financial Group of Mongolia and China’s Alibaba Group signed a cooperation agreement on establishment of Business Center in Mongolia. 
2061 days
From Concert Halls to Classrooms: Lithuania’s Diplomatic Journey in Mongolia 1 day
Governor-General of Australia to Pay State Visit Mongolia 2 days
B. Erkhembayar Wins Silver Medal at 16th Asian Shooting Championships 2 days
IFC to Explore Growth Potential of Mongolia’s Cashmere Sector 2 days
Mining Sector Requests Extension on New Royalty Calculation Method 2 days
Favorable Conditions Emerge for Cooperation with Polish Enterprises 2 days
PM Orders State Secretaries to Lead Anti-Corruption Drive 2 days
OBITUARY: In Memory of Mr. Besud Erdene Chuluunbat 2 days
Northeast Asian Countries Expand Regional Cooperation 3 days
Aandaa Erdenebileg: ‘My Vision Is to Stage a Ballet Gala in Mongolia with My International Colleagues’ 3 days
B. Khulan Wins Bronze at Judo Cadet World Championships 2025 3 days
Shooter E. Davaakhuu Wins Bronze at 16th Asian Championship 3 days
State to Conduct National Census of Mineral Licenses, Ownership, and Locations 3 days
UNICEF Training Prepares 30 Trainers to Strengthen Children’s Voices 3 days
Kyrgyz Enterprises Seek to Import Meat from Mongolia 4 days
Thermal, Water Plant Deal Signed with Chinese Partnership 4 days
China-Mongolia Expo 2025 Underway 4 days
Mongolia, South Korea to Open Joint Rare Metals Research Center 4 days
Chinese Group Introduces Model Industrial Complex Project 4 days
NEMA rescues 40 People Nationwide Last Week 4 days
PM Receives MWF’s Request to Cooperate in Mental Health Protection 4 days
President Khurelsukh Hails Efforts to Protect Mongolian Heritage Abroad 4 days
Mongolia, US Discuss Cooperation in Investment, Mining, Tourism, Space Exploration 5 days
Ulaanbaatar, Bucheon Share Views on Traffic Congestion, Disaster Risks 5 days
PM Reaffirms Transparency in Budget Approval 5 days
Mongolia to Increase Coal Supply to China 5 days
A. Baasansuren: 'Wool and Cashmere Art Creates Warm Ambience and Positive Energy at Home' 5 days
Mongolia, Uzbekistan Explore Cooperation in Supporting Women 6 days
Mongolian Women Entrepreneurs Awarded USD 1 Million in WEIDE Grant 6 days
PM Meets Ulaanbaatar District and Khoroo Governors 6 days
PM Zandanshatar Appreciates 30 Years of KOICA’s Cooperation 6 days
Women Entrepreneurs to Solve Shared Challenges 6 days
New Zealand House of Representatives Speaker to Visit Mongolia 6 days
AR Technology: Mother Language and Oral Tradition 6 days
Working Group Starts State Loss Compensation Process 6 days
Mongolia Wins 2nd, 3rd, 4th Places at Axe International Festival 6 days
Umnugobi: Forest Belt Becomes a Haven for Gobi Birds 6 days
Public-Private Partnership to Develop 40-Hectare Land 6 days
Mongolia and Indonesia to Closely Cooperate on High-Level Visits 6 days
Over 200 Handicraft Works Showcased at the 'Mongolian Khudrug and Handicrafts Festival' 6 days
World Women Entrepreneurs Forum 2025 Commences 6 days
Hundred Mongolian Youth Participate in “Inspiring the Youth” Event 6 days
Mongolia’s “The MongolZ” Team Wins Esports World Cup 2025 6 days
Mongolia-Venezuela to Cooperate in Mining, Tourism, and Education 6 days
Mongolia, Cambodia to Strengthen Bilateral Relations 6 days
Thirteen Teams Compete in the 'ABU Robocon 2025 Ulaanbaatar' International Tournament 6 days
This Week in Mongolia 7 days
IV International Congress of the Mongolian Society of Dermatologists Opens in Ulaanbaatar 7 days
Deputy Chair of Mongolia–Singapore Parliamentary Group Meets Senior Minister of State Sim Ann of Singapore 7 days
Scholars Present Research on 80th Anniversary of Victory in the Liberation War 7 days
PM Expresses Commitment to Strengthening Ties with Laos 9 days
Maral-Erdene Claims Fourth Victory at the Tour of Mongolia 2025 9 days
Tourism Sector Between Mongolia and South Korea Highlighted for Rapid Growth 9 days
Mongolia-Singapore Cooperation to Advance 10 days
FIBA U16 Asia Cup to Be Held in Mongolia 10 days
FEALAC: “Ulaanbaatar Declaration” Draft Finalized 10 days
US Funding Continues for “Child Protection from Human Trafficking” Project 10 days
E. Odzaya Wins Bronze at World U20 Championships 10 days
Mining Week 2025 to Be Held in September 10 days
Uniting Youth Through Cultural Diplomacy 10 days
Foreign Ministers of Mongolia and Laos Hold Official Talks 10 days
The 10th Foreign Ministers’ Meeting of FEALAC Underway 10 days
Efficient Use of Renewable Energy Resources Can Enable Regional Supply 11 days
Mongolia Wins 18 Medals at International Robotics Competition 11 days
Management Positions Reduced by 54 in Government Agencies 11 days
“President Sports Complex” Named After Heads of State to Be Built 11 days
Canadian Ambassador Presents Credentials Copy 11 days
PM: “SOEs Must Lead in Implementing the State Austerity Policy” 11 days
Mongolia and the Republic of Korea Expand Climate Change Cooperation 11 days
Foreign Minister of Laos Arrives in Mongolia 11 days
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