1 ZANDANSHATAR GOMBOJAV APPOINTED AS PRIME MINISTER OF MONGOLIA WWW.MONTSAME.MN PUBLISHED:2025/06/13      2 WHAT MONGOLIA’S NEW PRIME MINISTER MEANS FOR ITS DEMOCRACY WWW.TIME.COM PUBLISHED:2025/06/13      3 ULAANBAATAR DIALOGUE SHOWS MONGOLIA’S FOREIGN POLICY CONTINUITY AMID POLITICAL UNREST WWW.THEDIPLOMAT.COM PUBLISHED:2025/06/13      4 THE UNITED NATIONS CHILDREN’S FUND (UNICEF) IN MONGOLIA, THE NATIONAL FOUNDATION FOR SUPPORTING THE BILLION TREES MOVEMENT, AND CREDITECH STM NBFI LLC HAVE JOINTLY LAUNCHED THE “ONE CHILD – ONE TREE” INITIATIVE WWW.BILLIONTREE.MN PUBLISHED:2025/06/13      5 NEW MONGOLIAN PM TAKES OFFICE AFTER CORRUPTION PROTESTS WWW.AFP.MN PUBLISHED:2025/06/13      6 GOLD, MINED BY ARTISANAL AND SMALL-SCALE MINERS OF MONGOLIA TO BE SUPPLIED TO INTERNATIONAL JEWELRY COMPANIES WWW.MONTSAME.MN PUBLISHED:2025/06/13      7 AUSTRIA PUBLISHES SYNTHESIZED TEXTS OF TAX TREATIES WITH ICELAND, KAZAKHSTAN AND MONGOLIA AS IMPACTED BY BEPS MLI WWW.ORBITAX.COM  PUBLISHED:2025/06/13      8 THE UNITED STATES AND MONGOLIA OPEN THE CENTER OF EXCELLENCE FOR ENGLISH LANGUAGE TEACHING IN ULAANBAATAR WWW.MN.USEMBASSY.GOV  PUBLISHED:2025/06/12      9 MONGOLIA'S 'DRAGON PRINCE' DINOSAUR WAS FORERUNNER OF T. REX WWW.REUTERS.COM PUBLISHED:2025/06/12      10 MONGOLIA’S PIVOT TO CENTRAL ASIA AND THE CAUCASUS: STRATEGIC REALIGNMENTS AND REGIONAL IMPLICATIONS WWW.CACIANALYST.ORG  PUBLISHED:2025/06/12      БӨӨРӨЛЖҮҮТИЙН ЦАХИЛГААН СТАНЦЫН II БЛОКИЙГ 12 ДУГААР САРД АШИГЛАЛТАД ОРУУЛНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/15     ОРОН СУУЦНЫ ҮНЭ 14.3 ХУВИАР ӨСЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/15     МОНГОЛ УЛСЫН 34 ДЭХ ЕРӨНХИЙ САЙДААР Г.ЗАНДАНШАТАРЫГ ТОМИЛЛОО WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     SXCOAL: МОНГОЛЫН НҮҮРСНИЙ ЭКСПОРТ ЗАХ ЗЭЭЛИЙН ХҮНДРЭЛИЙН СҮҮДЭРТ ХУМИГДАЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ БАНК: ТЭТГЭВРИЙН ЗЭЭЛД ТАВИХ ӨР ОРЛОГЫН ХАРЬЦААГ 50:50 БОЛГОЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ ДАХЬ НҮБ-ЫН ХҮҮХДИЙН САН, ТЭРБУМ МОД ҮНДЭСНИЙ ХӨДӨЛГӨӨНИЙГ ДЭМЖИХ САН, КРЕДИТЕХ СТМ ББСБ ХХК “ХҮҮХЭД БҮРД – НЭГ МОД” САНААЧИЛГЫГ ХАМТРАН ХЭРЭГЖҮҮЛНЭ WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/06/13     ЕРӨНХИЙЛӨГЧИЙН ТАМГЫН ГАЗРЫН ДАРГААР А.ҮЙЛСТӨГӨЛДӨР АЖИЛЛАНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/13     34 ДЭХ ЕРӨНХИЙ САЙД Г.ЗАНДАНШАТАР ХЭРХЭН АЖИЛЛАНА ГЭЖ АМЛАВ? WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     “АНГЛИ ХЭЛНИЙ МЭРГЭШЛИЙН ТӨВ”-ИЙГ МУИС-Д НЭЭЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     Г.ЗАНДАНШАТАР БАЯЛГИЙН САНГИЙН БОДЛОГЫГ ҮРГЭЛЖЛҮҮЛНЭ ГЭЖ АМЛАЛАА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/12    

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

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China adds 3 oil rigs in East China Sea www3.nhk.or.jp

A US think tank says China has built 3 new oil rigs in the East China Sea despite Japan's objections.

The Center for Strategic and International Studies released a report on Monday highlighting China's oil field development in the region.

The report says satellite images show China has placed 3 new rigs in waters on the Chinese side of a median line between the 2 countries.

It also detected an increase in activity by Chinese vessels in waters near the new rigs between July and September this year.

The latest CSIS discovery brings the total number of Chinese structures in regional waters to 19.

The 2 nations reached an agreement in 2008 to jointly develop oil fields in the region. But Japanese officials say that while negotiations for a treaty have since stalled, China has continued with its maritime developments.

In August, the Japanese government lodged a protest with China after a Chinese drilling ship was engaged in some kind of activity in the area. It demanded China stop its unilateral development.

China's foreign ministry said that the work was being carried out in undisputed waters under Chinese jurisdiction.

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Rio Tinto back on track to haul iron ore in driverless trains in 2018 www.mining.com

Rio Tinto (ASX, LON:RIO), the world No.2 iron ore miner, is closer than ever to having a network of driverless trains in Western Australia as it has completed its first long-haul journey with a completely autonomous locomotive.

The milestone trip, spanning nearly 100 km (60 miles) with trains operated by individuals in an air-conditioned control room hundreds of kilometres away, puts Rio Tinto on track for commissioning the so-called AutoHaul project in late-2018, the miner said.

The company, one of the first to ever embrace driverless mining vehicles, already runs about 200 locomotives on more than 1,700 km of track, hauling ore from 16 mines to four port terminals.

Rio’s trains began running in autonomous mode in the first quarter of this year and about 50% of its pooled fleet rail kilometres are being completed in autonomous mode, but with drivers on-board.

The company said that 90% of its pooled fleet production tonnes are AutoHaul enhanced, which means they are able to operate continuously without shift changes and improved safety, with trains responding automatically to speed limits and alarms.

Rio Tinto said it has already seen the benefits from AutoHaul in increased train speeds and fewer stops that have cut more than an hour from average journey times.

Getting to this point was not easy. The actual commissioning of the autonomous trains project has been put off a few times, partly due to software problems.

Delays with the implementation of autonomous iron ore trains hurt Rio Tinto’s output in 2016. The miner ended up producing 330 million tonnes, down from the original target of 350 million tonnes.

The so-called Autohaul plan is part of the “Mine of the Future” project the company launched in 2008 and which also included the introduction of autonomous haulage trucks, automated drilling and the roll out of an operations centre near Perth airport.

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Mongolia removed from FTSE Russell Frontier Markets Watch List www.mse.mn

The Mongolian Stock Exchange was added to the FTSE Russell Frontier Markets Watchlist in 2012 as a result of the adoption of the T+3 settlement system. However, Mongolia had never officially qualified as a Frontier market due to the shift from T+3 settlement system to prefunded system and dissolving of the settlement guarantee fund that was designed to protect the market from systemic settlement failure. 

In April, the Chairman of the Board of Directors and CEO of MSE met with FTSE Russell officials to discuss the situation that Mongolia may potentially be removed from the FTSE Frontier Markets Watchlist. Following the meeting, MSE made it a priority to implement T+2 settlement system and Delivery-versus-Payment mechanism, as such we formed a working group with the Mongolian Securities Clearing House and other market participants to speed up the implementation of necessary changes in the market infrastructure and worked closely on the drafting of the rules and regulations. We have notified on several occasions to the market participants including the Securities Clearing Corporation that there is a risk of removal from the Watchlist if the shift is not immediate. Unfortunately, FTSE Russell made their decision at their September review to remove Mongolia from the Watchlist due to the delay with compliance with the requirements and upon consideration that the re-implementation of T+2 settlement system is unlikely in the near future. Although it is disappointing, there is a possibility to be re-included on the FTSE Frontier Markets Watchlist if Mongolia adopts necessary changes before their next review in March 2018. MSE encourages all market participants to treat the compliance with FTSE requirements and potential inclusion into the Watchlist as a top priority.

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Cambodia, Mongolia Opens Direct Air Route www.akp.gov.kh

Cambodia and Mongolia have entered recently a memorandum of understanding to open the route for direct flight between the two countries, according to local media report.

Official signing of the agreement by delegations of the two nations was a sideline of the 14th Asia-Europe Meeting (ASEM) taking place late last week in Siem Reap province of Cambodia.

Cambodian Secretary of State at the State Secretariat of Civil Aviation (SSCA) H.E. Mao Havanal, according to the source, signed the MoU with his Mongolian counterpart.

H.E. Sinn Chanserey Vutha, Spokesperson for the SSCA, was quoted in the same source explaining that the agreement opens direct air route between Cambodia and Mongolia, nevertheless, when to have the direct flight is subject to the market demand.

The report included the shared optimism of tourism experts – Co-Chair of the Government-Private Sector Working Group on Tourism Mr. Ho Vandy and President of Cambodia Association of Travel Agents Mrs. Chhay Sivlin – about potential increase of Mongolian visitors to Cambodia once direct flight between the two countries begins.

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Mongolia, Russia mark 96th anniversary of diplomatic ties www.akipress.com

AKIPRESS.COM - A roundtable meeting themed 'Talks between parliaments are base for development of good neighbor relations' was held on October 2 in the State House, launching the Friendship Days “Mongolian and Russian cooperation-2017” on the occasion of 96th anniversary of the diplomatic relations established between Mongolia and Russian Federation.

The Friendship days have being conducted annually since 1952 and the 57th event is hosted by the Embassy of Russia in Mongolia, the Mongolia Russia Friendship Society and the Russian Center for Science and Culture, Monstame reported.

Various events scheduled to be organized within the event, including Mongolian and Russian cooperation forum, 'Made in Russia' fair, 'Vernisaj' photo and art exhibition, a meeting of Asian graduators in RF and Mongolian and Euro-Asian economic cooperation-2017 business forum. Moreover, a festival of Russian language among students, an evening of literature works of A.S.Pushkin and a book exhibition dedicated to the 125th anniversary of poet M.I.Tsvetaeva will be held.

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Mongolia signs air communication agreements with Myanmar and Cambodia www.globalnewlightofmyanmar.com

The agreements were signed on the sidelines of the 4th ASEM Transport Ministers’ Meeting which took place on September 26-28 in Indonesia.

The Acting Minister met with Thant Sin Maung, Minister of Transport of Communications of Myanmar and expressed satisfaction at the development of bilateral relationship.
The Agreement on Air Communication comes after the signing of Mutual Agreement on Visa Exemption for Diplomatic and Official Passport Holders in 2013 and Agreement on Cooperation in Tourism in 2015.

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Mongolia to face serious challenge due to heavy debt: speaker of parliament www.news.xinhuanet.com

ULAN BATOR, Oct. 2 (Xinhua) -- Mongolia's next government will face heavy external and internal debt, Speaker of Parliament Miyegombyn Enkhbold said Monday.

"The volume of state external and internal debt as of August this year ... is equaled to 73.8 percent of GDP. Therefore, this will be a serious challenge to Mongolia and the next new government," Enkhbold said at the opening of the parliament's autumn session.
"The main attention should be paid on updating and defining the self-management strategy of the executive power, on promoting of major projects and programs, and to build up the accumulation of debt obligations," Enkhbold said.
Meanwhile, the parliament speaker said Mongolia's economy has improved due to the country's involvement in the Expanded Fund Facility Program of the International Monetary Fund (IMF).
As of the first half of this year, Mongolia's economy was up 5.8 percent, and growth is expected to increase in the future, he said.
"Proceeding from this, the monetary policy council of Bank of Mongolia decided to keep the key rate at the level of 12 percent," he said, adding that the parliament will consistently support the IMF program.

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Tesla deliveries rise in third quarter, but Model 3 faces 'bottlenecks' www.reuters.com

(Reuters) - Luxury electric vehicle maker Tesla Inc (TSLA.O) said on Monday its deliveries rose 4.5 percent in the third quarter from the prior-year period, but said “production bottlenecks” had left the company behind its planned ramp-up for the new Model 3 mass-market sedan.

Tesla said it delivered 26,150 vehicles in the third quarter, including 14,065 Model S vehicles and 11,865 Model X cars, up 17.7 percent from the second quarter of this year.

The Palo Alto, California-based company delivered just 220 Model 3 sedans and produced 260 during the quarter. In July, it began production of the Model 3, which starts at $35,000 - half the starting price of the Model S.

Tesla had said in its second-quarter financial report that it expects “to achieve a rate of 5,000 Model 3 vehicles per week by the end of 2017.” The automaker also said it expects at some point in 2018 to further ramp to a rate of “10,000 Model 3 vehicles per week,” and an annual production rate in excess of 500,000 vehicles.

“It is important to emphasize that there are no fundamental issues with the Model 3 production or supply chain,” Tesla said in a statement. “We understand what needs to be fixed and we are confident of addressing the manufacturing bottleneck issues in the near term.”

Tesla said it was on track to deliver around 100,000 S and X models this year.

But Tesla said on Monday that a handful of systems at its Fremont, California, car plant and its battery factory in Reno, Nevada, “have taken longer to activate than expected.”

The automaker said 4,820 Model S and X vehicles were in transit to customers at the end of the third quarter and would be counted with its fourth-quarter figures.

In after-market trading, Tesla shares fell more than 1 percent to $337.84, from the closing price on Nasdaq of $341.53.

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Disney, Altice reach deal that avoids ESPN blackout www.reuters.com

LOS ANGELES (Reuters) - Walt Disney Co (DIS.N) and cable operator Altice USA (ATUS.N) reached a tentative programing deal that keeps ESPN and other networks in the homes of millions of New York-area pay TV customers, the companies said in a statement on Sunday.

Disney and Altice have been sparring over how much the cable operator would pay to continue carrying ESPN, ABC and other channels on its Optimum cable service. Both sides are under pressure from cord cutting, or dropping of pay TV service, as audiences flock to cheaper streaming services.

“We have reached an agreement in principle and have extended the deadline accordingly to try and finalize the terms,” a joint statement from the companies said.

The last-minute deal came Sunday as Disney was preparing to pull its networks from Optimum. That could have deprived customers from seeing Tuesday’s baseball playoff game between the Minnesota Twins and New York Yankees as well as “Monday Night Football” and other programing. A blackout could have sent customers fleeing to other options.

Disney secured fee increases for ESPN, local affiliate WABC and other major networks, according to sources familiar with the talks who requested anonymity because the negotiations were private.

The amount of the increases was not disclosed. Altice said in September it had offered to pay higher fees but called Disney’s proposal at the time “outrageous.”

Altice USA is the fourth-largest U.S. cable operator, formed by Netherlands-based Altice NV (ATCA.AS) through its acquisitions of Cablevision -- now known as Optimum -- and Suddenlink Communications. Optimum has 3.1 million customers in New Jersey, New York, Connecticut and Pennsylvania.

The discussions with Altice were the first among several Disney is scheduled to have with cable operators over the next two years as current programing deals expire.

ESPN, Disney’s most important network, has been losing subscribers and seeing its ratings fall. That has cut revenue from cable operators, which pay monthly fees for each subscriber, and given Altice ammunition to push back against Disney’s demands as excessive.

Disney countered that Altice charges the average customer $160 or more per month and “the bulk of that money goes into their pocket.”

ESPN is the most expensive basic cable network, charging an average of $7.54 per subscriber each month, according to S&P Global Market Intelligence’s Kagan research group. The channel also is among the most popular, ranking as the fourth most-watched national cable network in Optimum households over the past year.

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NDC Partnership Forum in Mongolia www.ndcpartnership.org

On 3/4 of October, the Mongolia Ministry of Environment and Tourism of Mongolia will host an NDC Partnership Forum in Ulaanbaatar, co-organized with the NDC Partnership Support Unit. The Forum will convene multi-sectoral government representatives, experts, and international organizations interested and involved in NDC implementation. Over 200 representatives of various government agencies and development partners are expected to participate.

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