Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Mongolia Business Digest.
Mongolia's inflation rate climbs to 9.1 percent in March
(MENAFN) Mongolia's inflation rate surged to 9.1 percent in March, as reported by local media on Sunday, referencing data from the National Statistics Office (NSO). This marks a significant rise of 2.9 percentage points compared to the same month...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
India sends Buddha remains to Russia to boost cultural ties
(MENAFN) On Saturday, India transported the sacred Kapilavastu Relics—believed to contain the remains of Buddha Shakyamuni, the founder of Buddhism—to Russia’s Republic of Kalmykia via a special Air Force flight. The relics will be on display in...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
Moscow claims Eurasian Economic Union won’t ever persecute its associates
(MENAFN) Russian Deputy Foreign Minister Aleksandr Pankin has emphasized that the Eurasian Economic Union (EAEU) is founded on fair and equal treatment of all its members, dismissing any notion of coercion within the bloc. The EAEU includes...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
Mongolia records rise in Chinese visitors, leads 2024 visitor numbers
(MENAFN) Mongolia has reported a record high in Chinese tourist arrivals for 2024, with official figures revealing 221,250 visitors from China. The Mongolian Tourism Organization released the data Thursday, highlighting China's significant...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
Mongolian Mining Corporation Announces 2024 Annual Results
HONG KONG, March 24, 2025 (GLOBE NEWSWIRE) -- Mongolian Mining Corporation (“MMC” or the “Company”, or together with its subsidiaries, the “Group”; stock code: 975), the largest producer and exporter of washed hard coking coal (“HCC”) in Mongolia,...
Experts and policymakers discuss confidence-building measures and norms in cyberspace at OSCE workshop in Mongolia
Cybersecurity experts and policymakers from Eastern and South-Eastern Europe, Central Asia, South Caucasus and Mongolia explored cyber norms and confidence-building measures (CBMs) at a workshop in Ulaanbaatar, Mongolia, organized by the OSCE...
Owner: Organization for Security and Co-operation in Europe
EBC Financial Group seals Joint Cooperation Agreement with the International University of Ulaanbaatar
Strategic collaboration underscores EBC’s commitment to bridging the gaps and fostering financial talent, with launch of globally focused internship programs ULAANBAATAR, MONGOLIA, May 8, 2025 /EINPresswire.com/ -- Mongolia is a nation of youth...
EBC Financial Group seals Joint Cooperation Agreement with the International University of Ulaanbaatar
Strategic collaboration underscores EBC’s commitment to bridging the gaps and fostering financial talent, with launch of globally focused internship programs ULAANBAATAR, MONGOLIA, May 8, 2025 /EINPresswire.com/ -- Mongolia is a nation of youth...
EBC Financial Group seals Joint Cooperation Agreement with the International University of Ulaanbaatar
Strategic collaboration underscores EBC’s commitment to bridging the gaps and fostering financial talent, with launch of globally focused internship programs. ULAANBAATAR, MONGOLIA, May 8, 2025 /EINPresswire.com/ -- Mongolia is a nation of youth...
‘Travelogue of China 2025’ Inner Mongolia Tour Concludes, Highlighting Tech-Driven Growth and Global Cooperation
ULANQAB, China, May 19, 2025 (GLOBE NEWSWIRE) -- The five-day “Travelogue of China 2025” Inner Mongolia Tour concluded on May 16, highlighting the region’s digital innovation, sustainable agriculture, and expanding logistics network. Co-hosted by...
Measles Claims Infant Life in Mongolian Capital
(MENAFN) Tragically, a four-month-old infant in Ulan Bator, Mongolia, has died from measles, the National Center for Communicable Diseases (NCCD) reported on Tuesday. The National Center for Communicable Diseases reported that the infant was...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
Yili Reports FY2024 Revenue of 115.8 Billion Yuan, Reinforcing Its Position as Asia's Leading Dairy Company
HOHHOT, China, May 08, 2025 (GLOBE NEWSWIRE) -- On April 29, Inner Mongolia Yili Industrial Group Co., Ltd. (600887.SH) released its financial results, reporting total revenue of 115.78 billion yuan in FY2024, further solidifying its position as...
Countree Food Takes Key Role at World Processed Deciduous Fruit Conference (CANCON16)
QINGDAO, China, Oct. 10, 2025 (GLOBE NEWSWIRE) -- The 16th World Processed Deciduous Fruit Conference (CANCON16), the largest and most influential international event for the canned fruit industry, recently concluded with discussions on the future...
Ongoing Asian disasters highlight need for relentless funding initiatives, says Project Rescue
Earthquakes in Indonesia, The Philippines and Russia, cyclones in China and Vietnam, drought in Mongolia, floods in Europe - all need well-funded response. BRISBANE, QUEENSLAND, AUSTRALIA, October 1, 2025 /EINPresswire.com/ -- Severe earthquakes...
Severe weather displaces over 130 families in western Mongolia
(MENAFN) In a tragic incident, over 130 families in Mongolia's Govi-Altai province have been rendered homeless due to fierce winds and dust storms, as reported by the National Emergency Management Agency on Sunday. The agency indicated that the...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
Erdene Announces Updated Resource for the Zuun Mod Molybdenum-Copper Deposit
HIGHLIGHTS 100% owned license hosts one of Asia’s largest undeveloped molybdenum-copper deposits Only 35 kilometers from Erdene Mongol’s Bayan Khundii Gold Mine in region of growing infrastructure and 180 kilometres from China, the world’s largest...
Kartoon Studios Reports Strong Business Results with 8.2% Sequential Revenue Growth for Q4 2024, Marking Third Consecutive Quarterly Increase
Operating Expenses Decreased by 57.4% in 2024; Operating Loss Improved by 76.5% in 2024 Kartoon Channel Continues Growth in Viewers, Platforms, Revenue, and Profitability While Continuing to Lead All Streamers in Viewer Rankings in Apple App Store...
Global Unveiling of Inner Mongolia's 2025 Spring Tourism Event: Inviting the World to Enjoy a Culture and Nature Symphony of the Northern Frontier
HOHHOT, China, March 28, 2025 (GLOBE NEWSWIRE) -- Recently, the Culture and Tourism Department of the Inner Mongolia autonomous region has announced a "Musical Tours in Inner Mongolia" series tourism product for 2025, which centered on the...
Building Climate Resilience and Empowering Rural Communities in Mongolia
Transcript Mongolia is an incredibly diverse country. But above all, it is the land of the blue sky. And under this blue sky for thousands of years, much of life has revolved around one thing: grass. Grass needs three ingredients: the blue sky,...
Owner: Asian Development Bank