Mongolian fluorspar production has rebounded in 2018 and 2019 with output being increased to supply markets affected by less readily available Chinese material. There is no domestic requirement for fluorspar, so all ...

                             Clothing Research Center of the Mongolian University of Science and Technology presented results of the Study on the Physiques of Mongolian Children on Tuesday. The body standard of Mongolian children was last ...

                             At its regular meeting on August 21, the Cabinet backed a draft parliamentary resolution on taking some areas under state special protection and altering the frontier lines of some areas and decided ...

                             Green purchase is supported by National committee on reduction of air pollution according to “National program on reduction of air and environmental pollution”. The committee concluded “Green loan” agreement with Khan Bank, ...

                             During its meeting held on August 21, the Cabinet approved a resolution to make an area around the Khuvsgul Lake an Eco-tourism region in order to safeguard the eco-system of the Lake ...

                             Mongolia’s economic rebound in recent years reveals a country rising up to the challenges borne from adverse economic shocks. The country’s economic resilience comes as no surprise. Mongolia has responded well to ...

                             A total of 15 projects have been signed at an economic and trade fair among China, Mongolia and Russia in Erenhot City, north China's Inner Mongolia Autonomous Region, according to the organizer. ...

                             The National Statistical Office of Mongolia (NSO Mongolia) released a report on the social and economic situation of Mongolia in the first seven months of 2019. In labor force sector, "Updated methodology ...

                             The National Statistical Office of Mongolia (NSO Mongolia) released a report on the social and economic situation of Mongolia in the first seven months of 2019. The total equilibrated revenue and grants ...

                             Mongolia’s GDP growth is showing good performance in 2019, as the service sector improves. Competition in the trade and services sector has been rising rapidly, and demand for human resources in the ...

                             Mongolia's foreign trade of goods rose 9.4 percent year on year in the first seven months of this year, amounting to 8.1 billion U.S. dollars, official data showed Friday. Exports grew 11 ...

                             On August 21, State Policy on Tourism was approved by the cabinet. Corresponding ministers, Environment and Tourism Minister N.Tserenbat, Finance Minister Ch.Khurelbaatar and National Development Agency Director B.Bayarsaikhan were assigned to allocate ...

                             Democratic Party Council in the Parliament held meeting today. Discussions and decisions during the meeting are reported. Democratic Party arises three issues related to Constitutional Law of Mongolia which are to select ...

                             Earlier today (21 August), the Mongolian Cabinet took the decision to suspend a total of 23 mining licenses of 19 companies over failure to meet environmental obligations. Interestingly, 1 of the 23 ...

                             The trial of nine people including B.Khurts, the controversial former director of Mongolian’s General Intelligence Agency (GIA) and former Attorney General G.Erdenebat concluded on 19 August at the Tuv Province Criminal Court ...

                             The Russian-Mongolian joint military exercise Selenga-2019 has kicked off at the Munkh Khet firing range in Mongolia, the press office of Russia’s Eastern Military District reported on Friday. "A special ceremony was ...

                             The Official Gazette sat down with Mr. Ban Ki-Moon, the Former Secretary-General of the United Nations and Chairman of Boao Forum for Asia. He talked about the importance of the Boao Forum ...

                             The Asian Development Bank (ADB), International Finance Corporation (IFC), and the Municipality of Ulaanbaatar City recently signed a memorandum of understanding to support the implementation of the Excellence for Design and Greater ...

                             The China-Mongolia relationship has embarked on a fast track and taken on an inspiring new look in recent years with concerted efforts from both nations, President Xi Jinping said on Wednesday. He ...

                             After residing at Peace Avenue-30 for more than 50 years, the British Embassy in Ulaanbaatar has relocated to the Shangri-La complex. The British Embassy in Mongolia has moved office An official opening ...

                             FESCO has launched a new rail freight service between the Chinese city of Chongqing and Vorotynsk station in Kaluga region, Russia. The new link is entirely dedicated to the transportation of Chinese ...

                             The final session of the draft law on the Economic Circulation of Intellectual Property is planned to be held by the Parliamentary Standing Committee on Justice on January 21, 2019. To deliver ...

                             As Article 5.1.17 of the “Insurance Package Policy” approved by resolution 2 of the Financial Regulatory Commission’s in 2019 states “Upon entering into a contractual agreement with government agencies, companies with state ...

                             The safety regulations of open-pit mining were updated by the joint Decree A/231 and A/368 by the Minister of Mining and Heavy Industry and the Minister of Labor and Social Protection on ...

                             The National Statistics Office of Mongolia published the presentation“the Social and Economic situation of Mongolia, as a preliminary result of 2019” on January 16, 2019. The report covers the minimum living standards, ...

                             The official legal document's website legalinfo.mn has published the “Methodology for valuing mining and exploration licenses for minerals, radioactive minerals, and oil and defining the relevant tax” and the “Regulation on imposing ...

                             The Resolution No. 441 by the Financial Regulatory Commission dated December 27, 2019 set the minimum share capital of new companies to carry out non-bank financing activities, except those companies engaging only ...

                             The official legal documents’ website legalinfo.mn has published the “Methodology for valuing the land use and possession rights and defining the relevant tax” and the “Regulation for imposing tax on the transfer ...

                             On January 15, 2020 the Government issued Resolution No. 17 defining a number of measures to be taken by relevant state authorities regarding mineral licenses, Including: the Minister of Mining and Heavy ...

                             Article 23, sub-article 23.7 of the Personal Income Tax Law states “if the taxpayer has purchased solar, wind, underground, thermal or other renewable energy equipment, equipment for producing semi-coking coal, gas and ...

                             On January 3, 2020, the Parliament issued a Resolution approving the Convention on Mutual Administrative Assistance in Tax Matters. The Convention on Mutual Administrative Assistance in Tax Matters (“the Convention”) was developed ...

                              According to Personal Income Tax Law, a taxpayer is classified as a permanent resident and a non-resident taxpayer residing in Mongolia. A permanent resident taxpayer of Mongolia is classified as an individual ...

                              According to the Corporate Income Tax Law, the loss by the tax report means the excess amount of expense upon subtracting the costs that meet the conditions and requirements of the law. ...

                              The Parliamentary Election Law of Mongolia which was approved by the Parliament on December 20, 2019 provides that “the parliamentary election shall be announced and the election date shall be set by ...

                             Article 23 of the Personal Income Tax Law specifies the exemptions and deductions for the taxpayer. Subsequently, the “Regulation on exemptions and deductions of Personal Income Tax” has been approved by ...

                             To protect the rights of minority shareholders, the Financial Regulatory Commission held a meeting to discuss the procedures for allocating dividends by joint-stock companies on January 29th, 2020. Accordingly, the executives of ...

                             The Parliament has approved the Resolution on the draft laws and Resolutions at the Spring Regular Session of 2020. These include: The budget framework statement of the 2021 Unified Budget ...

                             The Bank of Mongolia is planning to upgrade, modernize, and circulate the 50 and 20,000 MNT banknotes, including updated security elements using the latest technologies.Updated security features allow citizens to easily ...

                             Please click here (Mongolian) for the “2019 Summary of Preliminary Performance of the Unified Budget of Mongolia” released by the Ministry of Finance.