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 Ulaanbaatar Today.
Building Climate Resilience and Empowering Rural Communities in Mongolia
Asian Development Bank
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March 26, 2025
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,...
Paleontologists Discover New Dinosaur Species in Mongolia
MENAFN
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March 26, 2025
(MENAFN) A group of paleontologists has discovered a new rare dinosaur species with large claws, a groundbreaking discovery announced by a news agency on Tuesday. The fossil of the dinosaur, named Duonychus tsogtbaatari (meaning "two fingers"),...
Mongolia 2024 parliamentary elections: ODIHR election observation mission final report
Organization for Security and Co-operation in Europe
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December 16, 2024
Mongolia’s 2024 parliamentary elections were well run, although their competitiveness was undermined by an uneven playing field caused by campaign restrictions and biased media coverage favouring the ruling party. The short campaign period,...
Modelling long-term greenhouse gas mitigation pathways for Mongolia
Stockholm Environment Institute
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February 6, 2025
Mongolia relies heavily on fossil fuels to meet its energy demands and faces serious challenges to decarbonization. In this paper, the authors assessed the potential for further emissions reductions in Mongolia post-2030. They quantified emissions...
China welcomes new Russian mega gas pipeline
MENAFN
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June 30, 2025
(MENAFN) China’s enthusiasm for Russia’s proposed Power of Siberia 2 pipeline, designed to deliver gas through Mongolia, has grown stronger following the recent conflict between Iran and Israel, according to the Wall Street Journal citing sources...
China Strengthens Interest in Russian Gas Pipeline
MENAFN
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June 30, 2025
(MENAFN) China's enthusiasm for the development of Russia’s anticipated Power of Siberia 2 pipeline—intended to transport natural gas through Mongolia—has significantly increased after the onset of hostilities between Iran and Israel, according to...
ADB, Orchlon School Sign $13.5 Million Loan for Mongolia’s First Internationally Certified Green Campus
Asian Development Bank
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December 6, 2024
ULAANBAATAR, MONGOLIA (6 December 2024) — The Asian Development Bank (ADB) signed a senior secured 45.7 billion Mongolian togrog (equivalent to $13.5 million) loan with Orchlon School and Kindergarten Complex LLC to support Mongolia’s first...
ADB, Xacbank Sign $50 Million Deal to Boost Climate and MSME Financing in Mongolia
Asian Development Bank
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December 3, 2024
ULAANBAATAR, MONGOLIA (3 December 2024) — The Asian Development Bank (ADB) and XacBank Joint Stock Company (XacBank) have signed a $50 million financing package to enhance financing for climate action and to support micro, small, and medium-sized...
ADB, APU Dairy Sign $20 Million Loan to Strengthen Mongolia’s Dairy Sector, Improve Food Security
Asian Development Bank
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November 29, 2024
ULAANBAATAR, MONGOLIA (29 November 2024) – The Asian Development Bank (ADB) and APU Dairy LLC have signed a $20 million (equivalent in Mongolian togrog) loan to support nomadic herders by integrating them into the dairy value chain, enhancing...
Erdene Enters Agreement to Acquire Tereg Uul Copper-Gold Porphyry Prospect
GlobeNewswire, Inc.
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July 3, 2025
HALIFAX, Nova Scotia, July 03, 2025 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to announce the execution of an option agreement to acquire an up to 80% ownership interest...
Mongolia to Host MinePro 2024: Premier International Mining Exhibition & Convention
EIN Presswire
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July 29, 2024
ULAANBAATAR, MONGOLIA, July 29, 2024 /EINPresswire.com/ -- The Mongolian National Mining Association (MNMA) proudly announces MinePro 2024, an international quarrying and mining exhibition and convention that marks a significant milestone in the...
ADB Approves Loan to Spur Climate Action in Mongolia
Asian Development Bank
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November 18, 2024
ULAANBAATAR, MONGOLIA (18 November 2024) — The Asian Development Bank (ADB) has approved a $100 million policy-based loan to help accelerate and sustain investment in climate action in Mongolia. The Accelerating Climate Investment Program...
Inner Mongolia Kicked Off Its 2024-2025 Winter Tourism Season -- A Winter Wonderland Beckons for a Romantic Getaway
GlobeNewswire, Inc.
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November 15, 2024
HULUNBUIR, China, Nov. 15, 2024 (GLOBE NEWSWIRE) -- On November 7, Inner Mongolia kicked off its 2024-2025 winter tourism season with the launch of the "Song Tour of Inner Mongolia - Joyful Ice and Snow Season" in Yakeshi City. Organized by The...
Solar and wind power in Mongolia: 2024 policy overview
Stockholm Environment Institute
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October 29, 2024
Mongolia has significant wind and solar energy potential, yet as of 2023, renewable electricity production was about 9% of the total energy mix, well below estimated global average of 30% in 2023, highlighting the need for increased development...
Ilham Aliyev met with President of Mongolia
President of Azerbaijan
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November 11, 2024
AZERBAIJAN, November 11 - Chancellor of the Federal Republic of Germany Olaf Scholz made a phone call to President of the Republic of Azerbaijan Ilham Aliyev On November 9, Olaf Scholz, Chancellor of the Federal Republic of Germany, made a phone...
Volunteering bridges gaps for migrants in Mongolia
UN Volunteers
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October 25, 2024
Cho's fascination with Mongolia's development trajectory began during a previous project with the Korea International Cooperation Agency (KOICA). Witnessing the nation's hurdles firsthand, she felt compelled to contribute on a broader scale. The...
ADB Invests $12.5 Million in Khan Bank’s Milestone Green Bonds, a First in Mongolia
Asian Development Bank
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October 15, 2024
ULAANBAATAR, MONGOLIA (15 October 2024) — The Asian Development Bank (ADB) has invested $12.5 million in a green bond issued by Khan Bank JSC under the first green thematic bond program on the Mongolian Stock Exchange. The proceeds from the...
Erdene Commences Trading on the OTCQB
GlobeNewswire, Inc.
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July 2, 2025
HALIFAX, Nova Scotia, July 02, 2025 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN | OTCQB:ERDCF) (“Erdene” or the “Company”) is pleased to announce effective immediately, the Company's common shares have commenced...
ADB Forecasts Sustained Economic Growth in Mongolia through 2025
Asian Development Bank
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September 25, 2024
ULAANBAATAR, MONGOLIA (25 September 2024) — Strong external demand, rising consumption, and government expenditure are expected to drive continued economic expansion this year, leading to a higher 2024 growth forecast for Mongolia’s gross domestic...
Brera Holdings Secures Key Wins for Brera Ilch FC in Mongolia and Brera Strumica FC in North Macedonia, Under New Coaches Gorazd Mihajlov and Toshiaki Imai
GlobeNewswire, Inc.
·
September 18, 2024
Strumica, North Macedonia and Ulaanbaatar, Mongolia, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Brera Holdings PLC, the first publicly-listed football (American soccer) focused company in the world of professional sports multi-club ownership and...