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Economic Update | Mongolia responds quickly to bank’s insolvency

5 Sep 2013
The collapse of a leading Mongolian bank has underscored both the weaknesses and strengths of the banking system, with an apparent failure of corporate governance prompting a swift reaction from...

Economic Update | Mongolia cleans up its energy act

22 Aug 2013
The government in Mongolia is taking steps to clean up its reputation when it comes to the environment, with a green development policy planned, a huge wind farm opening and the Ministry of...

Economic Update | Mongolia: Mortgage rate cut to boost house sales

6 Aug 2013
Home ownership rates in Mongolia are set to climb in 2013 and beyond as a new state-backed mortgage scheme has improved access to low-cost loans, though demand for housing could push up prices if the...

Economic Update | Mongolia: Another possible CHP5 delay

9 Jul 2013
Delivery of a key new 450-MW combined heat and power plant known as CHP5 continues to face implementation uncertainties, with competing projects likely causing a delay in the final investment...

Economic Update | Mongolia: Dip in demand hits growth

7 Jun 2013
Concerns that falling demand for coal from China and a decline in commodity prices could weigh on Mongolia’s resource-related boom look to have been realised, at least in part, with figures for the...

Economic Update | Mongolia: Prioritising education

2 May 2013
Attendance and school construction are on the rise in Mongolia, and the Ministry of Education (MoE) continues to harness foreign expertise, suggesting significant progress in the sector. However,...