Mongolia evacuates 261 nationals from Europe over COVID-19 pandemic

ULAN BATOR, May 3 (Xinhua) -- A total of 261 Mongolian nationals have been evacuated on a chartered flight from COVID-19-hit European countries, the country's State Emergency Commission (SEC) said Sunday. The flight landed in the Chinggis Khaan International Airport in the capital city of Ulan Bator on Sunday morning, with 261 passengers onboard,...
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Mongolia receives anti-virus supplies from China

ULAN BATOR, April 28 (Xinhua) -- Mongolia received medical supplies from north China's Inner Mongolia Autonomous Region on Tuesday in the fight against the COVID-19 outbreak. The medical materials included 100,000 masks, 1,000 protective suits and 200 boxes of testing kits. "As a result of the Mongolian government's optimal measures to prevent the...
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Mongolia cancels Tavan Tolgoi’s $1 billion IPO plan

Mongolia has cancelled an executive order to fund its giant Tavan Tolgoi coal project through an international initial public offering (IPO), citing “political distortions” and the current dire state of global financial markets. Erdenes Tavan Tolgoi (ETT), the state-owned company that holds the license to the deposit, had...
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