ULAN BATOR, Oct. 25 (Xinhua) -- The Sino-Mongolian Foundation of Culture, Education and Social Development here on Friday offered scholarships to 54 Mongolian students.
The "Dream Star," "Future Star," "Leading Star" and "Special Sponsorship Program" scholarship programs sponsored by the foundation and backed by the Chinese Embassy in Mongolia and...
180 Chinese (including Hongkong residents) arrested in Mongolia
Local media reported the arrest of some 180 Chinese citizens, including Hongkong residents by Mongolian police and intelligence agency last night (Oct 29).
The photos released by the police show hundreds of young men sitting among rows of computers...
Tetra Tech Awarded $30 Million Mongolia Water Supply Program Management Contract
PASADENA, Calif.--(BUSINESS WIRE)--Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the government of Mongolia, through a Compact formed under the Millennium Challenge Corporation (MCC), awarded Tetra Tech a $30 million, seven year, single-award contract....
Mongolia secures ADB/World Bank support to build 10,000 new sustainable homes
The Mongolian capital of Ulaanbaatar's city municipality has secured support from the Asian Development Bank and the International Finance Corporation to build 10,000 new energy-efficient homes.
The municipality has signed a Memorandum of Understanding with the banking institutions to implement the Excellence for Design and Greater Efficiencies...
Mongolia gets over 1.3-bln-USD FDI inflows in 8 months
ULAN BATOR, Oct. 22 (Xinhua) -- Mongolia attracted over 1.3 billion U.S. dollars of foreign direct investment (FDI) in the first eight months of 2019, showed data released by the country's central bank on Tuesday.
The number reflects a 4-percent decrease from the same period last year, according to the Bank of Mongolia.
The majority of the total...
Savings of Mongolians reach 5.1 bln USD, up 18 pct year-on-year
ULAN BATOR, Oct. 21 (Xinhua) -- The total savings of Mongolians reached 13.8 trillion Mongolian tugriks (5.1 billion U.S. dollars) at the end of August, a senior official of the Bank of Mongolia said Monday.
"The figure is up 18 percent from the same period last year," Byadran Lkhagvasuren, vice chairman of the Bank of Mongolia, said at a launching...
Rio's Oyu Tolgoi financing task in Mongolia toughens
The task of convincing lenders to stump up money for projects in Mongolia, such as Rio Tinto's Oyu Tolgoi copper project, just got harder after the nation's financial system was ruled to have deficient safeguards against money-laundering and terrorism financing.
The Financial Action Task Force (FATF), an intergovernmental agency that counts...
China, Mongolia share development goals after 70 years of diplomatic relations
Wednesday marks the 70th anniversary of the establishment of diplomatic ties between China and Mongolia. China has promoted the building of a community of shared future for mankind, which is of great significance for the good neighborly cooperation between the two Asian neighbors. First, the concept of a community of shared future for mankind,...
China-Mongolia ties at best moment in history: Chinese ambassador
China-Mongolia relations are at their best moment in history, Chinese Ambassador to Mongolia Xing Haiming said on Wednesday.
The two countries forged diplomatic relations exactly 70 years ago today. The Chinese ambassador described the 70th anniversary of bilateral ties as a "new starting point."
He noted that the two countries should continue to...
China-funded high-voltage power line handed over to Mongolia
MANDALGOVI, Mongolia, Oct.18 (Xinhua) -- A completed China-funded 330 kV power transmission and transformation project in southern Mongolia was on Friday officially handed over to the Mongolian side.
Mongolian Energy Minister Tserenpil Davaasuren and Chinese Ambassador to Mongolia Xing Haiming attended the handover ceremony held in Mandalgovi, capital...
Mongolian currency weakens against USD, Yuan in first 3Qs
ULAN BATOR, Oct.15 (Xinhua) -- The exchange rate of the Mongolian national currency the Tugrik against the U.S. dollar weakened by 6.6 percent year-on-year in the first three quarters, official data showed Tuesday.
The dollar traded at 2,667.21 against the Tugrik at the end of the third quarter, according to the data from Mongolia's National Statistics...
Mongolia's exports up 12.6 pct in 9 months
ULAN BATOR, Oct. 14 (Xinhua) -- Mongolia's exports reached 5.9 billion U.S. dollars in the first nine months of the year, up 12.6 percent year on year, said the country's National Statistical Office (NSO) Monday.
Mongolia demonstrated a foreign trade surplus as exports exceeded imports by 1.3 billion dollars, the NSO said.
Minerals and textiles...
Mongolia welcomes nearly 480,000 foreign tourists in first three quarters
ULAN BATOR, Oct. 14 (Xinhua) -- Mongolia welcomed nearly 480,000 foreign tourists in the first nine months this year, up 10.7 percent year-on-year, official data showed Monday.
In the January-September period, 61.8 percent of the tourists to Mongolia were from the East Asia and Pacific region, 31.4 percent from Europe, 4.5 percent from the Americas...
Mongolian, Kazakh businesses interested in creating sheep clusters
NUR-SULTAN. KAZINFORM – The day before Saparkhan Omarov, Kazakhstan’s Minister for Agriculture, met with the Minister of Food, Agriculture and Light Industry of Mongolia C. Ulan, Kazinform reports referring to the press service of the department.
Mr. Omarov noted that Mongolia is an important trade and economic partner in the field of agriculture in...
Indian Minister of Natural Gas and Petroleum participates in commissioning ceremony for oil refinery project
Ulaanbaatar [Mongolia], Oct 9 (ANI): Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Wednesday participated in a commissioning ceremony of infrastructure facilities constructed to support the proposed 1.5 MMT oil refinery project in Mongolia.Mongolia Prime Minister Ukhnaagiin Khurelsukh, six Cabinet Ministers of Mongolia and Governor...
Mongolia’s PM meet in Kazakh capital
NUR-SULTAN.KAZINFORM Nursultan Nazarbayev met with Prime Minister of Mongolia Ukhnaagiin Khürelsükh, the official website of the First President of Kazakhstan reads.
During the meeting Nursultan Nazarbayev noted that
Kazakhstan and Mongolia are historically allied nations.
“Since the first of days of independence I tried to
strengthen relations...
Near-to-medium-term outlook for Mongolian economy remains positive: World Bank
ULAN BATOR, Oct. 10 (Xinhua) -- The World Bank (WB) said on Thursday that the near-to-medium-term outlook for the Mongolian economy remains positive.
"Growth momentum has continued in the first half of 2019, as its gross domestic product rose to 7.3 percent from 6.8 percent in 2018," Jean-Pascal N. Nganou, World Bank senior economist for Mongolia,...
Indian Minister for Petroleum and Natural Gas Dharmendra Pradhan to visit Mongolia on October
New Delhi [India], Oct 6 (ANI): Union Minister for Petroleum and Natural Gas Dharmendra Pradhan will pay a two-day visit to Mongolia from October 8 as a follow up of the state visit by Mongolian President Khaltmaagiin Battulga in September, an official statement said on Sunday.
"On October 8, the Minister will participate in the opening ceremony...
Chinese embassy in Mongolia holds reception to mark 70th anniversary of PRC founding
ULAN BATOR, Sept. 26 (Xinhua) -- The Chinese Embassy in Mongolia on Wednesday hosted a ceremonial reception to mark the upcoming 70th anniversary of the founding of the People's Republic of China (PRC).
Speaking at the reception, Chinese Ambassador to Mongolia Xing Haiming said that over the past 70 years China has been contributing to world peace...
ANTI-CORRUPTION REFORMS IN MONGOLIA WELCOME, SHOULD MEET INTERNATIONAL STANDARDS
Transparency International (TI) congratulates the speaker of the State Great Hural (Parliament) of Mongolia, Mr. G. Zandanshatar, for initiating crucial reforms to the country’s anti-corruption law and tabling a long-awaited debate on the draft law on whistleblower protection that was originally submitted in 2016. The whistleblower protection...
S. Korea, Mongolia ink customs deal to facilitate trade
SEJONG, Sept. 30 (Yonhap) -- South Korea and Mongolia on Monday signed a customs deal meant to facilitate bilateral trade, South Korea's customs agency said.
The Mutual Recognition Arrangement for authorized economic operators was inked between Kim Yung-moon, commissioner of the Korea Customs Service, and his Mongolian counterpart in Mongolia's...
Mongolia’s journalists won’t get left behind on the worldwide trend of fact-checking
Cristina Tardáguila and Daniela Flamini
Nestled between the borders of Russia and China — two nations internationally notorious for their state-backed disinformation campaigns — lies Mongolia, a country now preparing to fight electoral false news.
The country will elect a new parliament in 2020 and a new president in 2021, and in light...
