Gazprom, CNPC expand gas supply deal to China
Russia’s Gazprom and China National Petroleum Corporation (CNPC) signed agreements to boost annual gas supplies to…
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Mongolia
Mongolia holds interest rate at 10%
The Bank of Mongolia stated on Tuesday that it decided to maintain its benchmark interest rate at 10 per cent.
Mongolia’s economy expands in 1st 3Qs
Mongolia's economy expanded 5.0 per cent year-on-year during the first three quarters of 2024, reaching over $15.4…
Mongolia secures $100-m loan for climate action
The Asian Development Bank (ADB) has approved a $100 million policy-based loan to support Mongolia’s climate goals,…
EBRD invests $12.5m in Mongolia’s Khan bank green bond
The European Bank for Reconstruction and Development (EBRD) has invested US$12.5 million (€11.5 million) in a green…
Mongolia’s foreign trade up 13% in 9m
Mongolia's foreign trade turnover increased by 13 per cent year-on-year to $20.4 billion in the first three…
EBRD offers €24.6m loan to decarbonise Mongolia’s construction sector
The European Bank for Reconstruction and Development (EBRD) is financing the refurbishment of Shunkhlai Holding’s…
Mongolia’s capital sees 6.8% rise in new apartment costs
Mongolia's capital city experienced a 6.8 per cent year-over-year increase in new apartment costs in August,…
Mongolia plans 2,100 km road expansion for ’25
Mongolia announced plans to construct a total of 2,100 kilometres of new roads in 2025.
Mongolia’s coal exports surge to 53.7m tons in 8m
Mongolia's coal exports surged to 53.7 million tons in the first eight months of 2024, marking a significant 31.3…
Mongolia’s foreign trade up by 13.6% YoY in 8m
Mongolia's foreign trade saw a significant boost, with turnover increasing by 13.6 per cent YoY to reach $18.1…
EBRD issues 1st sustainability loan in Mongolia
The European Bank for Reconstruction and Development (EBRD) has provided its first sustainability-linked loan in…
Mongolia’s c.bank acquires 10.3 tons of gold in 8m
The Bank of Mongolia announced on Thursday that it purchased a total of 10.3 tons of gold from legal entities and…
Russia considers gasoline export ban renewal
Russia may reinstate a gasoline export ban from August if domestic supply shortages arise, Deputy Prime Minister…
Russia to lift ban on gasoline exports – RBC report
The Russian government has reached a final decision to revoke the temporary ban on gasoline exports, Reuters…
Central Asian economies to grow by 5.4% in ’24 – EBRD
Central Asian economies are projected to slow down at 5.4 per cent in 2024, followed by a rebound to 5.9 per cent…
Russia’s railway gasoline exports decline in March
Railway gasoline exports from Russia drastically declined in March due to a fuel embargo, tightening the domestic…
Russia’s new gas pipeline to China may face delay
Russia’s planned new Power of Siberia-2 gas pipeline to China which was anticipated to begin this year may be…
China’s Inner Mongolia takes precautions after detecting bubonic plague case
Authorities in China have on Monday stepped up precautions after a city, Bayannur, in the Inner Mongolia autonomous…
Fitch: Hong Kong, Mongolia among countries most exposed to coronavirus fallout
Fitch Ratings said on Thursday Hong Kong and Mongolia are most exposed to the economic fallout from the…
Mongolia halts coal exports to China until March 2 on coronavirus outbreak concerns
Mongolia has decided to suspend deliveries of coal across its southern border into China until March 2, a move…
India’s Modi in Mongolia seeking stronger ties in China’s backyard
Indian Prime Minister Narendra Modi held talks Sunday with his counterpart during a visit to Mongolia, with the…
6.8 Magnitude quake shakes Siberia
A powerful earthquake with a magnitude of 6.8 shook southwestern Siberia on Sunday afternoon, the second to hit the…