For years, it seemed that cashmere production simply wouldn’t be able to keep up with exploding demand. The expansion of luxury groups and the fine knits purveyors nearly caused the supply chain to …
Mongolia throws fresh power curveball at Rio Tinto
Rio Tinto has been surprised by a new Mongolian government plan to build a state-owned power station for the Oyu Tolgoi mine.
Tmoney suffers snowballing losses in Mongolia
By Park Jae-hyuk Tmoney is facing mounting losses from its business in Mongolia which it began ambitiously in 2015, the public transportation payment service provider’s regulatory …
Welcome to the yurt-opolis! How Mongolia is helping its nomads adapt to big city life
Travelling herders are moving to the Mongolian capital but they’re having trouble with urban ways. We step inside the yurt-inspired hub that’s fixing their culture shock …
1 more patient diagnosed with coronavirus in Mongolia
(MENAFN)The National Center for Communicable Disease (NCCD) of Mongolia said on Sunday that one more patients was diagnosed with coronavirus in the country, which has increased the total number of …
Cashmere piles up in Mongolia as coronavirus cripples trading
He recently drove four hours from his family pasture in Tuv Province to the Emeelt market near Ulaanbaatar just to sell 2 kg of raw cashmere fiber for 90,000 tugrik ($34) in cash …
Turquoise Hill Resources: Another Twist In The Power Plant Story Increases Uncertainty
Turquoise Hill reports Q1 2020 results and updates delay and capex increase estimates for the new mine design. In a sudden twist, Mongolia wants a state-owned a …
Mongolia: How Nalaikh’s Youth See Democracy
Youth in Nalaikh, Mongolia are eager to engage with their local government and participate in community-driven social initiatives, but a disconnect between democracy in theory and democracy in …
rural urban framework’s ger innovation hub enables a sense of community in mongolia
(RUF) has designed a structure in ulaanbaatar, the capital of mongolia, that seeks to foster a sense of community in a city with a large formerly nomadic population. ulaanbaatar’s ger districts are …
Curbing Land Degradation & Protecting the Environment in Mongolia
Mongolia is one of the most sparsely populated countries in the world. Yet, more than 70 percent of its surface is affected by land degradation. Mining activities in several parts of the country have …