Economy
- ExplainerOyu Tolgoi explained: what it is and what Mongolia gets from it
Oyu Tolgoi is one of the world's largest copper and gold deposits, and Mongolia owns 34% of it. Here is who runs it, why the state has not yet had a dividend, and what…
- ExplainerWhy prices are rising: inflation, interest rates and the tögrög explained
Consumer prices in September 2026 were 12.9% higher than a year earlier, and meat cost 46.9% more. Here is what is pushing prices up, what the Bank of Mongolia's policy…
- ExplainerCoal explained: why it matters to Mongolia and how it reaches China
Coal and copper concentrate are the backbone of Mongolia's exports, and most of both goes to China. Here is where the coal is mined, how it crosses the border, and what…
- November 6, 2026President orders an urgent probe into whether fuel deliveries are being disrupted on purpose
President U. Khurelsukh met cabinet members and the heads of law enforcement agencies on November 6 and ordered an urgent investigation into whether fuel distribution…
- November 6, 2026"100,000 Homes": the government plans to raise yearly mortgages from 9,000 to 25,000 in 2027–2030
Under its "100,000 Homes" programme for 2027–2030, the government plans to raise the number of mortgages issued each year from 9,000 to 25,000 and to raise MNT1.8…
- November 6, 2026Copper trucks to China rise from 14 to 134 a day as officials clear border jams
After a government working group visited the border crossings on November 2–3, copper exports were back to normal and the number of trucks leaving each day rose from…
- November 6, 2026Mongolia ranks seventh among emerging destinations in the Wanderlust readers' awards
Mongolia ranked seventh in the "Most Desirable Emerging Destination" category of the Wanderlust Reader Travel Awards 2026, presented in London on November 4. About…
- November 4, 20269.1% of capped consumer loans have gone bad, and the central bank lets borrowers stretch them to 48 months
In September, 9.1% of consumer loans covered by the debt-to-income cap were non-performing, up 2.7 percentage points on a year earlier, the Bank of Mongolia says. Its…
- November 3, 2026First e-petition to pass 100,000 signatures: the PM backs scrapping property tax on family garages
A call to exempt household garages and parking spaces from property tax became the first petition on the government's E-Zasag platform to pass 100,000 signatures. Prime…
- November 2, 2026Ulaanbaatar's new Power Plant No. 5 is 44% done and due to start in 2028
The new Thermal Power Plant No. 5 in Ulaanbaatar is 44% complete overall, with construction 35% done, the capital governor's office said on November 2. Due to start in…
- October 31, 2026Rockfall at Oyu Tolgoi's underground mine catches 15 workers; mining resumed in stages the next day
Fifteen workers were in the affected zone when a seismic event set off a rockfall at Oyu Tolgoi's underground mine in Khanbogd soum (district), Umnugobi province, at…
- October 30, 2026Inspectors sent to petrol stations over queues and coupons, as 92,500 tonnes of fuel are ordered for November
The government's fuel task force decided on October 30 to post state inspectors at petrol stations, keep stations open around the clock where needed and look into fuel…
- October 30, 2026A record 919,104 tourists have visited Mongolia this year, about 81,000 short of the one-million goal
Mongolia received 919,104 tourists between January 1 and October 29, a record, according to preliminary figures from the Mongolian Tourism Association. That is 91.9% of…
- October 25, 2026Meat costs 46.9% more than a year ago: what the numbers show
Meat prices rose 46.9% in the year to September, according to the National Statistics Office, with mutton and goat meat up the most. Behind it is supply: Mongolia has…
- October 23, 2026Potato harvest done, and wheat and potato crops are up more than 40% on last year
The potatoes are all in. As of October 19, farmers had harvested 169,100 tonnes of potatoes, 509,200 tonnes of grain and 177,600 tonnes of vegetables, with grain and…
- October 21, 2026Mongolia holds 10 days of AI-92 petrol as imports continue after last week's price rise
Ten days of stock. Mongolia imported 40,800 tonnes of AI-92 petrol on October 1–20 and held 21,747 tonnes on October 21, enough for about 10 days, according to the…
- October 20, 2026Government revenue up 17.2% to MNT26.1 trillion (US$7.25 billion) in nine months
Revenue is outpacing spending. General government revenue and grants reached MNT26.1 trillion (US$7.25 billion) in the first nine months of 2026, up MNT3.8 trillion…
- October 14, 2026Zamiin-Uud, the main crossing to China, expects 111,000 containers this year
President U. Khurelsukh toured the Regional Logistics Center in Zamiin-Uud, Dornogobi province, on October 14. The center expects to handle 1.8 million tonnes of cargo…
- October 14, 2026Citizens asked how to spend MNT3 trillion in Oyu Tolgoi dividends
From October 14 to 28, the government is collecting views through E-Mongolia and E-Zasag on MNT3 trillion in dividends expected in 2027. The proposal puts MNT1 trillion…
- October 12, 2026Nine-month exports hit US$16.2 billion as the trade surplus triples
Mongolia's exports rose 51.2% year on year to US$16.2 billion in the first nine months of 2026, according to the National Statistics Office. Imports grew 13.8% to…
- October 12, 2026Mongolia pushes to smelt its own copper: Erdenet deal due by end-November
Prime Minister N. Uchral has ordered contract talks on state-owned Erdenet Mining Corporation's copper smelter and refinery wrapped up by the end of November, Montsame…
- September 15, 2026Exports up 57% in the first eight months
Exports reached US$14.4 billion from January to August, leaving a trade surplus of US$6.0 billion.
- May 12, 2026Government holds a firm line in Oyu Tolgoi talks with Rio Tinto
Ulaanbaatar is pressing to revise the financing terms of the giant copper-gold project rather than accept the existing arrangement.