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Pandemic and Ukraine war impacts bring hardship that makes battle to subsist outside of the city a gruelling challenge.
If promises are fulfilled, big gains for public purse and industries such as electric vehicles and renewable energy will be seen.
Looking forward to the end of the war, whenever it happens, policymakers are already speculating on how many of the refugees and migrants are likely to stay and how many will return.
The Big Circle Line, a mammoth infrastructure project with a price tag of RUB501bn ($6.66bn), comprises 31 stations and extends a distance of 70km. The government has touted the line as a much-needed solution to the city's traffic woes.
Russia’s invasion of Ukraine and related sanctions have distorted trade routes across the Eurasian continent.
Faced with governments struggling with high debt burdens in South Asia and Africa, and growing regulatory caution in Europe, China is increasing its focus on Central Asia, Fitch analysts said.
The EBRD lowered its forecasts for more than half its 36 countries of operation, anticipating average growth of just 2.1% this year.
Mongolia has rolled the dice before on establishing casinos, but without much luck. A renewed attempt to open the country’s first casino in more than two decades is now underway as Mongolia looks for new avenues of economic growth.
Ministers say legislation will end much social media harassment. Critics reject that explanation. Say country’s young, fragile democracy will be hurt.
While some can afford to move on, there are thousands struggling to find workable employment prospects to put a roof over their head.
To overcome deep scepticism in Ulaanbaatar about politicians, Sumiyabazar Dolgorsuren will need Olympic strength and strategy.
Investigators probe money laundering, tax evasion, unjustified enrichment and bribery allegations.
In a visit full of symbolism, Turkmenistan’s president won a lucrative promise from Xi Jinping. Eurasianet’s weekly briefing.
The exit of the international car makers from Russia following the invasion of Ukraine has left a huge hole in what is one of the biggest car markets in Europe. China’s leading brands are rapidly moving in to fill the void.
The coal mafia affair meant the new year wishes proffered by the ruling politicians rang rather hollow.
Thirty years ago the Mongolian Stock Exchange was opened up to privatize the country’s Soviet-era assets. Last week the exchange conducted an initial public offering to sell off a third of its own shares to the public.
Chinese slowdown means fewer resource exports for Mongolia. It’s a grievous blow.
History of Kazakh-Russian relations is long and troubled. Implications of Moscow’s decision to go to war in Ukraine mean the latest chapter threatens to generate some insoluble tensions.
Eznis Airways says it is victim of smear campaign. Mongolia’s civil aviation authority says no such flight took place.