More From Gerelt Munkhnaran
XAOC 2026 festival links Mongolia’s nomadic heritage with contemporary art
Held in Ulaanbaatar, XAOC 2026 featured 17 artists from 11 countries, using contemporary art to explore nomadic culture, urbanisation, migration and globalisation.
Oct 09, 2026
Azzuro Resources to expand copper-gold exploration in Mongolia
Azzuro Resources is continuing exploration at its Red Hill and Oval projects in southwestern Mongolia and aims to publish initial JORC-compliant inferred resource estimates in the first half of 2027.
Oct 09, 2026
Mongolia Accelerates Oil Refinery Construction, Targets 2028 Start-Up
Mongolia aims to commission its domestic oil refinery in 2028. Once operational, the refinery is expected to meet an estimated 50–55% of the country’s fuel demand.
Oct 09, 2026
Mongolia to Waive Customs Duty on Fuel Imported Through Three Border Ports
The Government of Mongolia has waived customs duties on AI-92 gasoline and diesel imported through the Zamiin-Uud, Bulgan and Shiveekhuren border ports as part of efforts to diversify fuel supply sources and transport routes.
Oct 09, 2026
S&P affirms Mongolia’s sovereign rating at ‘BB−’ with stable outlook
S&P Global Ratings has affirmed Mongolia’s long-term sovereign rating at ‘BB−’ and its short-term rating at ‘B’, maintaining a stable outlook.
Oct 09, 2026
Bear attack kills one in Bayanzurkh as Mongolia records 754 related reports
A brown bear entered a home in Bayanzurkh District, killing a man and seriously injuring a woman. Bear-related calls and reports have increased nationwide.
Oct 09, 2026
India tests Mongolian coking coal as it explores new suppliers beyond China
India’s SAIL is testing a one-tonne sample of Mongolian coking coal to assess its potential use in steelmaking. The move could help Mongolia diversify coal exports beyond China, although logistics remain a major challenge.
Oct 07, 2026
World Bank identifies three opportunities to diversify Mongolia’s economy
A new World Bank study says Mongolia can attract private investment into cashmere, renewable energy and mineral exploration to reduce its economy’s heavy dependence on mining.
Oct 07, 2026
Mongolia’s foreign exchange reserves reach record $8.9 billion as exports surge 54%
Mongolia’s official foreign exchange reserves reached a record $8.9 billion at the end of September, while export revenues increased 54% year on year during the first nine months of 2026.
Oct 07, 2026
Rio Tinto selects five mining technology startups for new program
Rio Tinto and Founders Factory have selected five startups from the United States, Australia and Chile for the fifth cohort of their mining technology program, offering investment and opportunities to test their solutions in real mining environments.
Oct 06, 2026
Mongolia and Japan discuss investment opportunities in infrastructure projects
Mongolian and Japanese officials and businesses discussed investment opportunities and potential public-private partnership projects in urban development, housing, transport and infrastructure.
Oct 06, 2026
World Bank identifies cashmere, renewables and critical minerals as key opportunities to diversify Mongolia’s economy
A new World Bank report identifies cashmere processing, solar and wind power, and exploration for critical minerals as priority sectors for diversifying Mongolia’s economy.
Oct 06, 2026
MIAT and Toki expand digital flight-ticket services
MIAT and Toki have launched an app-based flight-ticket booking service, allowing users to view flight information, purchase tickets and use Toki’s credit service.
Oct 06, 2026
Mongolian film ‘Independence: The Keeper of the Decree’ enters Oscars preliminary selection
B. Tamir’s ‘Independence: The Keeper of the Decree’ will represent Mongolia in the International Feature Film category at the 99th Academy Awards.
Oct 06, 2026
UBIFF 2026 to Bring New International Films to Ulaanbaatar
The Ulaanbaatar International Film Festival will run from October 16 to 22, screening 18 international films and five Mongolian productions. The program will also include an Industry Day and a film-development laboratory.
Oct 06, 2026
Works by Raphael and Bernini go on display for Mongolian audiences
A special exhibition featuring Raphael Santi’s Portrait of a Man and Gian Lorenzo Bernini’s bronze Neptune is on display at the Chinggis Khaan National Museum through November 1, 2026.
Oct 05, 2026
Mongolia, FIFA to work on national football stadium with up to 25,000 seats
The Government of Mongolia, FIFA and the Mongolian Football Federation have signed a memorandum of understanding to develop an international-standard football stadium in Yarmag with capacity for up to 25,000 spectators.
Oct 05, 2026
Mongolia harvests bulk of its 2026 crops
Mongolia is continuing its 2026 harvest, with wheat production expected to reach 494,000 tonnes and the need for imports projected to decline.
Oct 05, 2026
Aichi-Nagoya 2026: Mongolia finishes Asian Games with one gold, one silver and 13 bronze medals
Mongolia won one gold, one silver and 13 bronze medals at the 20th Asian Summer Games. Judo produced seven medals, while Greco-Roman wrestling returned to the podium for the first time in 52 years.
Oct 05, 2026
Mongolia Signs Deal to Buy 78,000 Tons of Fuel from Russia
Mongolia has signed an agreement to purchase 78,000 tons of gasoline from Russia to stabilize domestic fuel supplies. Long queues have formed at fuel stations after imports of AI-92 gasoline declined.
Oct 05, 2026
Mongolia, Kazakhstan discuss oil supplies, meat-processing plant in western Mongolia
Mongolia and Kazakhstan discussed potential oil supplies, a meat-processing plant, logistics and broader trade cooperation at a meeting of their intergovernmental commission.
Oct 02, 2026
Motorists protest fuel shortages and price increases in Ulaanbaatar
Motorists staged a protest in central Ulaanbaatar over fuel shortages, high prices and long queues. The government says it is working to increase supply and restore normal distribution.
Oct 02, 2026
Mongolia to take ¥158.3 billion Japanese loan to expand Chinggis Khaan Airport
Mongolia will secure a concessional loan of up to ¥158.284 billion from Japan to expand Chinggis Khaan International Airport, including construction of a new passenger terminal and related infrastructure.
Oct 02, 2026
JETRO to open Mongolia office, creating new channel for trade and investment
Mongolia and Japan have agreed to support the establishment of a JETRO representative office in Mongolia and expand bilateral trade and investment cooperation.
Oct 02, 2026
ADB approves $225 million project to upgrade hospitals in 19 provinces and health centres in 11 soums
The Asian Development Bank has approved a $225 million loan project to expand access to healthcare in rural Mongolia and upgrade hospitals in 19 provinces.
Oct 02, 2026
Yolk Kazirbek Wins Mongolia’s First Gold at Asian Games
Yolk Kazirbek won the men’s 66kg judo title on the opening day of the 20th Asian Games in Nagoya, securing Mongolia’s first gold medal of the Games. Narantsetseg added a bronze.
Sep 30, 2026
First Regular Direct Flights Launch Between Mongolia and India
Hunnu Air has launched direct flights between Ulaanbaatar and New Delhi, reducing travel time between the two capitals from 13–18 hours to approximately five hours.
Sep 30, 2026
Tugrik Deposits Reach MNT28.8 Trillion, Up 24.9% Year on Year
Tugrik-denominated deposits in Mongolia reached MNT28.8 trillion at the end of August, rising 24.9% from a year earlier, while foreign-currency deposits fell 8.2%.
Sep 29, 2026
Mongolia Expands Fuel Supply Beyond Russia to China and South Korea
Mongolia’s AI-92 petrol reserves have fallen to about 10 days of normal consumption, while queues remain at fuel stations. The government is working to increase supplies from Russia and bring in additional fuel from China and South Korea.
Sep 29, 2026
PM N. Uchral’s Japan visit focuses on airport expansion and economic cooperation
Mongolia and Japan are expected to advance discussions on a ¥150 billion concessional loan for the expansion of Chinggis Khaan International Airport during Prime Minister N. Uchral’s visit to Japan.
Sep 29, 2026
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