Mongolia

While the world has focused on high-profile retail openings in Mongolia – especially Louis Vuitton in 2009 and KFC in 2013 – and the notable absence of shoppers at some of the country’s high-end malls in recent months, much has been going on in the broader market. Retail has been developing steadily below the super-high end and big brands. Malls...

While Mongolia’s information and communications technology (ICT) industry is relatively young by international standards, the country is widely regarded as an emerging centre of technology in Asia. The government, alongside a handful of leading private sector companies, has invested heavily in the nation’s fibre-optic networks and other...

Home to vast swathes of untouched land and numerous unique natural environments, Mongolia has immense mountain ranges in the north and the west, thousands of square kilometres of rolling steppe in the central and eastern part of the country, and the austere Gobi desert in the south. The nation also has a distinctive cultural heritage, which...

Agriculture has been a cornerstone of the Mongolian economy for thousands of years. While the sector has recently been overshadowed by the burgeoning mining industry, as of mid-2013 agriculture was widely considered a central component of the nation’s long-term development strategy and a major potential economic contributor. From early 2012...

With temperatures generally hovering below freezing for nine months of the year, Mongolia is one of the planet’s coldest countries. The average temperature in Ulaanbaatar is -2.9°C, making it the coldest capital in the world, and the extreme climate represents a major challenge for tourism operators.

With rapidly rising demand for telecommunications services and increasingly intense price competition in the mobile market in recent years, Mongolia is poised for substantial expansion in the foreseeable future. Mobile subscriptions have expanded rapidly, from fewer than 160,000 in 2000 to more than 3m as of the end of 2012, according to data...