MONGOLIA: Shares of Mongolian Mining surged by 13.4% following news of stronger coal production and steady progress in diversifying its asset portfolio. Improved operational efficiency helped lift output, strengthening investor confidence. The company’s efforts to reduce reliance on a single revenue stream are beginning to show results. Market optimism was further supported by stable demand [...]

MONGOLIA: Light and quick, children have traditionally taken the lead in Mongolian horse racing. However, the dangers of this sport make it far from just fun and games. In Mongolia, horses represent much more than mere animals; they symbolize the spirit of the nation. Horse racing plays a vital role in Mongolian culture. The connection [...]

MONGOLIA: Mongolian Prime Minister Gombojavyn Zandanshatar has strengthened his power by making several strategic appointments, tightening control over his government after he survived a no-confidence vote in October. These actions show a careful plan to shape the political scene and ensure stability within the ruling Mongolian People’s Party. Signs of this consolidation appeared with important [...]

MONGOLIA: Mongolia’s ruling party has chosen 38-year-old Nyam-Osoryn Uchral as the new party leader and Speaker of Parliament. This move shows a careful plan to create stability and promote business-friendly changes. His quick rise to power came after a well-organized party congress that resolved months of internal disputes and gave him significant control over the [...]

MONGOLIA: A conflict within Mongolia’s ruling Mongolian People’s Party has turned into a public struggle between Prime Minister Gombojavyn Zandanshatar and Parliament Speaker Dashzegviin Amarbayasgalan. This political fight has caused a standstill in governance at a crucial time for the economy. However, the true battle might be happening behind the scenes, where President Ukhnaagiin [...]

MONGOLIA: During the visit of President Khurelsukh Ukhnaa of Mongolia to India, the India-Mongolia Business Forum took place in New Delhi. This event gathered government officials, investors, and representatives from over 150 companies from both countries. The attendees talked about the current economic and business situation and looked for ways to work together on long-term [...]

MONGOLIA: Infighting within the ruling party is hindering important reforms, increasing risks for Mongolia's stability and investment. The push for economic reform in Mongolia has come to a halt due to internal issues. The Mongolian People’s Party, which used to work well together, is now filled with personal conflicts. Prime Minister Gombojavyn Zandanshatar has [...]

MONGOLIA: The National Council for Children of Mongolia, which is headed by the Prime Minister, held its regular meeting. During this meeting, they decided to distribute this year’s budget of MNT 7.8 billion from the Children’s Fund into three main areas. This money will go towards buying important equipment for early diagnosis and treatment of [...]