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.
1975 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.
1975 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%).
1975 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.
1975 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.
1976 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.
1976 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. 
1976 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.
1978 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. 
1978 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.
1978 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.
1978 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).
1978 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. 
1978 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.
1979 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.
1979 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. 
1982 days
New land valuations and tax payment system introduced
Land valuations, payment and tax system has been introduced into use.
1982 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. 
1983 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. 
1983 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. 
1983 days
Early Detection for Autism Spectrum Disorders to Be Improved 16 hours
Mongolian and International MMA Fighters to Participate in the “Khangarid Cup” 18 hours
Uilstuguldur Altankhuyag Appointed Chief of Staff of the Office of the President of Mongolia 19 hours
Mongolia-People’s Republic of China Joint Border Commission Agrees on Infrastructure and Security Priorities 20 hours
“Chopiniana” and “Paquita” Ballets to be Staged at the Mongolian State Academic Theatre of Opera and Ballet 22 hours
372 Athletes Will Receive Ranking Points for the Los Angeles 2028 Olympic Games 23 hours
“Morin Khuur” Play Named Best at Baikal Mascot International Theater Festival 23 hours
34th Prime Minister Zandanshatar Gombojav Receives Government Seal of Mongolia 23 hours
People's Artist E. Amartuvshin Named One of the World's Top Five Opera Singers 24 hours
Gold, Mined by Artisanal and Small-Scale Miners of Mongolia to Be Supplied to International Jewelry Companies 24 hours
Zandanshatar Gombojav Appointed as Prime Minister of Mongolia 1 day
Student Police to Provide Assistance and Information for Tourists in Ulaanbaatar 1 day
Center of Excellence for English Language Teaching Opens in Ulaanbaatar 1 day
FIDE World Rapid and Blitz Team Chess Championships 2025 Underway 1 day
Standing Committee on State Structure Approves Proposal to Appoint Zandanshatar Gombojav as Prime Minister 1 day
President of Mongolia Submits Proposal to Nominate Zandanshatar Gombojav as Prime Minister of Mongolia to Parliament 1 day
Construction Work on 41 Hectares of Selbe Sub-Center Project Open for the Private Sector 1 day
Asia Folk 2025 Festival to Be Held for the Seventh Year in Ulaanbaatar 1 day
Lawyer Robert Painter: “It’s a Joy to See the T-Bataar Back Home and Smiling Happier Than Ever” 1 day
“Khasyn Khuleguud” Team Advances to the Semifinals of the Basketball Champions League Asia 2025 1 day
Asia Reference Center for Election Observation to Be Established in Mongolia 1 day
Mongolia Participates in the 113th Session of the International Labor Conference in Geneva 1 day
Draft Law on Amendments to the Law on the State Great Khural Submitted 1 day
Playtime Festival to Welcome 100,000 Attendees 1 day
Mongolian Boxers Claim Twelve Medals at World Boxing Cup European Series 2025 2 days
Mongolia Celebrates Buddha Day Nationwide 3 days
Mongolian Basketball Team “Xac Broncos” Advances to Basketball Champions Asia Quarterfinals 4 days
Mongolian Judokas to Compete in the 2025 World Judo Championships Depart for Budapest 4 days
“Danshig Naadam - Khuree Tsam 2025” to Be Held on June 27-29 4 days
Ministry of Environment and Climate Change of Mongolia and the Global Land Initiative to Cooperate in Combating Desertification and Land Degradation 4 days
Silver Gerege Discovered on the Territory of Mongolia for the First Time 4 days
Buddha Day: A Day of Compassion, Empathy, and Loving Kindness 4 days
Honorary Reception Commemorating 75 Years of Mongolia-Poland Relations Held 4 days
Contract for the Construction of Gashuunsukhait-Gantsmod Cross-Border Railway Signed 4 days
Aviation Meteorological Center Introduces ISO 9001:2015 Quality-Management System 4 days
MPP Nominates Zandanshatar Gombojav for Prime Minister of Mongolia 5 days
Mongolian Youths to Study U.S. Political Systems Under MUNCEP-2025 5 days
Davaadalai Tumendalai: Solid Construction Waste Can Be Recycled and Put Into Economic Circulation as Gravel and Aggregate 5 days
“Students' Grove” Established at NUM Training and Research Center in Kharkhorin 5 days
Mongolian Chess Players to Compete in the FIDE World Rapid and Blitz Team Chess Championships 5 days
The "Mongolian Gallery" Exhibition Opens in Calgary City of Canada 5 days
The "Czech Villadom" Project to Provide Green Housing for 40 Households Launches 5 days
Legal Regulations Protecting Taxpayers’ Rights and Interests Enforced 5 days
Acting Foreign Minister of Mongolia Receives Non-Resident Ambassador of Oman to Mongolia 5 days
Third State Central Hospital Introduces Surgery for Deep-Seated Brain Tumors 5 days
This Week in Mongolia 5 days
Honorable Mr. Ban Ki-moon Donates MNT 180 Million in Support of the “Billions of Trees” National Movement 8 days
Impressions and Insights of the Distinguished Guests of the Sustainability Dialogue 2025 8 days
Strings of the Soul: Fiddleland Ensemble in Concert 8 days
State Great Khural to Prioritize Strengthening Legislation Against Cybercrime 8 days
Construction of Ulaanbaatar Cable Car Project in Progress 8 days
President of Mongolia and the 8th UN Secretary-General Plant Trees in Peacekeepers' Grove 8 days
Ulemj Damiran: Countries are Focusing on Energy System Security 8 days
Muralee Thummarukudy: Mongolia Hosting COP17 Will Be a Turning Point for Global Rangeland Action 8 days
Khurelsukh Ukhnaa: Mutual Understanding and Cooperation are Crucial for Mitigating Climate Change 8 days
Second Phase of the IFC Green Finance Market Development Project Launches 8 days
Mongolia Secures the Right to Host the Asian Individual Chess Championships in 2026 8 days
Environmental and Social Impact of Ulaanbaatar Metro Project Under Assessment 8 days
“Sustainability Dialogue 2025 - Climate Action: Billions of Trees” International Forum Commences 8 days
Mongolian Tourism Companies Participating in KOFTA 2025 Under the “Go Mongolia” National Brand 8 days
Awards Presented to the Winners of the “S. Dashdoorov” Academic Research Competition 8 days
The 10th Ulaanbaatar Dialogue on Northeast Asian Security Commences 9 days
Mongolia Maritime Administration and Korea Shipowners' Association Sign Memorandum of Understanding 9 days
Mongolia Hosts Regional Conference of International Association of Prosecutors 9 days
Astana International Forum-2025 Brings Together Public and Private Sector Leaders from Over 70 Countries 9 days
Mongolia to Host “Sustainability Dialogue 2025 - Climate Action: Billions of Trees” Forum 9 days
Mongolian and South Korean Artists to Perform “Madama Butterfly” in Ulaanbaatar 9 days
Draft Law on Amendments to the General Law on Taxation to Be Submitted to Parliament 9 days
Project Selection to Focus on Reducing Untreatable Diseases in Mongolia 9 days
Revised Draft Law on Value Added Tax to Be Submitted to Parliament 10 days
MONTSAME News Agency, C.P.O Box 1514, B.Jigjidjav St-8, Chingeltei dist, Ulaanbaatar-15160, Mongolia, info@montsame.gov.mn
MONTSAME News Agency ©2025