News

India closely working with Mongolia to implement US$ 1 billion credit line

2016 12.09

India is closely working with the Mongolian government to implement the US$ 1 billion credit line announced during the visit…

Mongolia State Bank’s privatization to worth at least 300 bln togrog

2016 11.28

State Secretary of the Mongolian Ministry of Finance Buyantogtokh Nyamaa said that if the State Bank of Mongolia is to…

Softbank building clean-energy projects in Mongolia

2016 11.23

Softbank Group Corp plans to build more wind projects in Mongolia as company chairman Masayoshi Son pushes to connect countries…

ROK-China-Mongolia direct freight service launched

2016 11.11

A direct sea and rail freight service between the Republic of Korea (ROK), China and Mongolia was launched Wednesday, cutting…

Oyu Tolgoi signs UG development contract

2016 10.20

Oyu Tolgoi has signed an underground mining and support services contract with Dayan Contract Mining, a joint venture between Hasu…

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Rankings

REGION East Asia & Pacific
INCOME CATEGORY Lower middle income
POPULATION 2,881,415
GNI PER CAPITA (US$)  4,320
CITY COVERED Ulan Bator
Doing Business 2016 Rank Doing Business 2015 Rank Change in Rank
56 59 down 3
Doing Business 2016 DTF** (% points) Doing Business 2015 DTF** (% points) Improvement in DTF** (% points)
68.83 68.19 down 0.64