1 14TH MBD MISSION FOR MBCC'S "DOING BUSINESS WITH MONGOLIA SEMINAR & CHRISTMAS RECEPTION" AND BUSINESS PROGRAM DEC 08- 14. 2025 LONDON, UK WWW.MONGOLIANBUSINESSDATABASE.COM PUBLISHED:2025/09/16      2 IMF WRAPS UP 2025 ARTICLE IV TALKS WITH MONGOLIA WWW.IMF.ORG PUBLISHED:2025/09/16      3 POSCO INTERNATIONAL TO LAUNCH WASTEWATER HEAT DISTRICT HEATING PROJECT IN MONGOLIA WWW.CM.ASIAE.CO.KR  PUBLISHED:2025/09/16      4 MONGOLIA'S EXTERNAL DEBT UP 12.7 PCT IN Q2 2025 WWW.NEWS.AZ PUBLISHED:2025/09/16      5 2025 AUTUMN SESSION OF THE STATE GREAT KHURAL COMMENCES WITH STRUCTURAL REFORMS WWW.MONTSAME.MN PUBLISHED:2025/09/16      6 MONGOLIA SURPASSES 617,000 TOURIST ARRIVALS BY MID-SEPTEMBER 2025 WWW.MONTSAME.MN PUBLISHED:2025/09/16      7 ODD-EVEN TRAFFIC RESTRICTION CONCLUDES WWW.UBPOST.MN PUBLISHED:2025/09/15      8 MMC ANNOUNCES FIRST GOLD POUR COMPLETED AT THE BAYAN KHUNDII MINE IN MONGOLIA WWW.SG.FINANCE.YAHOO.COM  PUBLISHED:2025/09/15      9 MKE LAUNCHES CARTRIDGE PRODUCTION LINE IN MONGOLIA WWW.RAILLYNEWS.COM  PUBLISHED:2025/09/15      10 MONGOLIA’S LARGEST MINING EVENT HIGHLIGHTS INVESTMENT AND RESPONSIBLE MINING WWW.MONTSAME.MN PUBLISHED:2025/09/14      14 ДЭХЬ УДААГИЙН MBCCI’S “ DOING BUSINESS WITH MONGOLIA SEMINAR & CHRISTMAS RECEPTION” B2B NETWORKING БОЛОН БИЗНЕС ХӨТӨЛБӨР 2025 ОНЫ 12 САРЫН 08 -13 ЛОНДОН ХОТ, ИХ БРИТАНИ WWW.MONGOLIANBUSINESSDATABASE.COM НИЙТЭЛСЭН:2025/09/16     ЭДИЙН ЗАСГИЙН ТӨРӨЛЖИЛТИЙН ИНДЕКСЭЭР МОНГОЛ УЛС 145 ОРНООС 139-Д БИЧИГДЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2025/09/16     ӨНӨӨДӨР: “СЭЛБЭ 20 МИНУТЫН ХОТ”-ЫН ДАРААГИЙН ЭЭЛЖИЙН ОРОН СУУЦНЫ ТӨСЛИЙН БҮТЭЭН БАЙГУУЛАЛТЫГ ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/16     ШЭНЬ МИНЬЖУАНЬ: БНХАУ МОНГОЛ УЛСЫГ ШХАБ-ЫН ГЭР БҮЛД НЭГДЭЖ, ХАМТЫН АЖИЛЛАГААГАА ӨРГӨЖҮҮЛЭХИЙГ УРЬСАН WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/15     Г.ЗАНДАШАТАР: ТӨРИЙН ДАНХАР БҮТЦИЙГ ХУМИХ АЖИЛ ИРЭХ ОНД Ч ҮРГЭЛЖИЛНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/09/15     Ц.ТУВААН: НҮҮРСНИЙ ҮНЭ 3 САР ТУТАМ ШИНЭЧЛЭГДЭНЭ. ГЭРЭЭНД ЯМАР Ч НУУЦ БАЙХГҮЙ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/09/15     ХАНЫН МАТЕРИАЛД 1800 АЙЛЫН ОРОН СУУЦ БАРИХ ТӨСЛИЙН ГҮЙЦЭТГЭГЧ ШАЛГАРЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/15     "ТАТВАРЫН ХЭТ ӨНДӨР ТООЦОО БИЗНЕС ЭРХЛЭГЧДИЙГ ХААЛГАА БАРИХАД ХҮРГЭНЭ" WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/15     ГАДААД ХУДАЛДААНЫ НӨХЦӨЛИЙН ИНДЕКС ӨМНӨХ ОНООС 4.1 ХУВИАР БУУРЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/09/15     ЭХНИЙ НАЙМАН САРЫН БАЙДЛААР 600 МЯНГАН ЖУУЛЧИН ИРЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/15    

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Events

Events

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

NEWS

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Mongolia to expand cooperation on conservation with Sweden www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ Minister of Environment and Tourism D.Oyunkhorol met with Anna Lindstedt, Sweden’s Ambassador to Mongolia who is on a visit to Mongolia on April 24-27 for her Accreditation ceremony.
 
At the beginning of the meeting, the Minister talked about climate change effects in Mongolia, how the country strives to be ecologically sustainable and Mongolia’s ratification of the Paris Agreement. “Ulaanbaatar city was first planned for 500 thousand people, but 1.3 million people reside in the capital city now, leading to high levels of air and soil pollution”, Minister D.Oyunkhorol said.
 
She said that the Ministry was working towards diversifying and greening the mining-dependent economy of Mongolia, and therefore would like to exchange experience with Sweden in this area, and expand cooperation in environmental conservation and tourism.
 
For her part, Anna Lindstedt expressed readiness to work with the Mongolian Ministry which is prioritizing green development and tourism. “As Sweden’s Ambassador for Climate Change, I will be happy to connect the Ministry to related organizations and support your activities against climate change”, she said.
 
 
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MBD Business delegates are heading to Washington DC www.mongolianbusinessdatabase.com

 

MBD business delegates from different business sectors including mining, transportation, construction material and cashmere are heading to Washington DC for North America-Mongolia Business Council's 27th AGM and Investors Forum between 26-28 April.

Distinguished guests including Ms.J.Galt US Ambassador to Mongolia, Mr.B.Altangerel Mongolian Ambassador to USA, Mr.R.Altangerel Mongolian Ambassador to Canada and experts from Mongolia and North America will discuss the outlook for Asia policy under President Trump and prospects for renewed Mongolian economic growth. Eight US Ambassadors to Mongolia will share their views on three decades of US-Mongolia relations.

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Stock exchange weekly review (April 17-21) www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ During the period between April 17 and 21, 2017, MSE conducted 5 trading sessions with a total value of MNT 24,523,399,191.85. The daily average trading valued at MNT 4.9 billion.
 
Stock trading:
2,103,889 shares of 43 listed companies with a total value of MNT 3,146,864,441.85 were traded. From the total amount, 1,869,321 shares of “Darkhan Selengiin Tsahilgaan Tugeeh Suljee” JSC’s were traded with a total value of MNT 2,998,390,884.
 
Government retail bonds trading:
230,000 government retail bonds with a total value of MNT 20,452,060,000 were traded through one trading session.
 
18,920 government retail bonds with a total value of MNT 1,848,949,500 were traded on secondary market through 7 trading sessions.
 
As of April 21, 2017, the market capitalization valued at MNT 1,492,287,054,233 and “MSE ALL” index increased by 0.14% to close at 838.88 units.
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Mongolia tourist arrivals reaches 76.6 thousand in first quarter of 2017 www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ Mongolia’s Visitor Arrivals recorded 629.3 thousand persons in the first quarter of 2017 and 552.8 thousand of them were permanent residents. In relation to the data, Tourist Arrivals recorded 76.6 thousand, which is 12 percent of the Visitor Arrivals. According to the Ministry of Environment and Tourism, the number reached an all-time high of 475.8 thousand in 2012.
 
The People’s Republic of China still composes larger part of the Tourist Arrivals, followed by the Russian Federation, Japan and the Republic of Korea (ROK). Within the given time frame, a total of 23.1 thousand Chinese visitors arrived in Mongolia. The number of Russian visitor arrivals in Mongolia increased by 54.4 percent. Although the data shows an increasing result of 25 percent in Chinese visitor arrivals in Mongolia, the number of Hong Kong visitors decreased by 30.5 percent.
 
As for the Federal Republic of Germany, ROK and Japan, which are considered target markets for Mongolian travel and tourism industry, the data shows an increasing number of visitor arrivals compared to last year. According to the General Authority for Border Protection, a total of 45.1 percent of the total number of tourist arrivals since 2000 were from Europe, while 46.3 percent were from the Asia-Pacific region and 7.5 percent were from the Americas.
 
In the World Economic Forum’s Travel and Tourism Competitiveness Report of 2017, Mongolia’s rank fell behind 3 ranks, down to 102nd in the world. This would mean Mongolia’s travel and tourism environment is valued equal to that of Cambodia and Nepal. The report indicates the sector’s slowdown was due to poor quality of service, lack of planning and diversification in Mongolia.
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Domestic cement manufacturers have capacity to produce 4.3 million tons per year www.mongolia.gogo.mn

 
As of today, a total of seven cement manufacturers are operating in Mongolia with the capacity to produce 4.3 tons of cement per year.
In addition, "Ulgii cement" and "Ah shohoi" companies have commenced the construction of two cement factories in Bayan-Ulgii aimag. The construction process of these factories is at 40-80 percent.
Moreover, Hermes gahiur LLC get licensed to build cement factory based on limestone deposit which locates in Dornogobi aimag. However, the company completed only external infrastructure works and has not started the construction yet. As preliminary research, this cement factory will have the capacity to produce 150-200 thousand tons of cement per year, reports Ministry of Mining and Light Industry.
Meanwhile, cement manufacturers state that due to delayed mortgage lending process, the construction sector has halted which resulting a decrease in cement demand.
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GGGI Country Representative awarded Ministerial Certificate of Merit for advancing Mongolia’s Green Growth www.gggi.org

 
On April 21, GGGI’s Country Representative to Mongolia, Mr. Jon Lyons, was awarded the Environment Ministerial Certificate of Merit for outstanding contributions to Mongolia’s development and natural resource stewardship.
 
The Award was presented by H.E. Batbayar Tserendorj, Vice Minister for Environment and Tourism, together with key technical Director-level partners and GGGI’s country team.
 
This high-level award may be issued by Cabinet members to recognize outstanding contributions to the policy and development goals of a given sector. In Mongolia, the Ministry of Environment and Tourism is charged with leading the implementation of the National Green Development Policy, which forms the foundation of the country INDCs to the Paris Agreement on Climate Change.
 
“This award recognizes the outstanding collaboration and effective contributions to Green Development of GGGI in Mongolia under Mr. Lyons’ leadership,” said Vice Minister Batbayar. “The Ministry of Environment and Tourism looks forward to further deepening its collaboration with GGGI.”
 
The Ministry of Environment and Tourism is GGGI’s primary government counterpart in Mongolia, overseeing all technical and advisory services for green development implementation as well as participating as a Member in the GGGI Assembly.
 
 
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Residential relocation to be restricted starting on April 26 www.theubpost.mn

 
A 60-day restriction on residential relocation will be applied across Mongolia from April 26 to June 27, ahead of the presidential election.
 
Head of the General Authority for Intellectual Property and State Registration R.Sodkhuu issued the order on April 20, in accordance with Article 66 of the Election Law, which states that all movement between districts and provinces will be restricted for 60 days prior to regular and irregular parliamentary, presidential, and provincial elections.
 
The restriction will take effect at 6:00 p.m. on April 26 and end at 8:00 a.m. on June 27, when polling stations for the presidential election have closed.
 
R.Sodkhuu instructed all residential registration departments across the country to expedite applications for changes of residence before the restriction takes effect.
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TIKA to finance infrastructure development www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ A working group led by J.Munkhbat, Member of Parliament and Head of Cabinet Secretariat worked in Khashaat, Ugiinuur and Khotont soums of Arkhangai aimag on April 22-23, and got acquainted with the functions of cultural, educational and health organizations of the soums, solving some financing source issues on the spot.
 
In specific, Turkish Cooperation and Coordination Agency (TIKA) will finance some construction, repair and infrastructure renovation works which were reflected in the 2017 state budget and budget amendments but were not approved. In addition, Authority for State Property Policy and Management resolved to aid the cultural centers of Ugiinuur and Khotont soums by issuing 500 seats.
 
Veysel Ciftci, TIKA Ulaanbaatar Program Coordinator expressed that the agency will prioritize the financing of reconstruction of sewage pipes and infrastructure development for medical centers in the soums.
 
Member of Parliament J.Munkhbat also said that he will work on solving these challenges faced by the residents of Ugiinuur, Khashaat and Khotont soums in the near future.
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MSE meets with FTSE Russell regarding retention of Mongolia on Frontier market watch list www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ The representatives of the Mongolian Stock Exchange JSC, namely Chairman N.Manduul and CEO Kh.Altai, held a meeting with officials of FTSE Russell London, Joti Rana, Head of Governance & Policy, Janet Cumberpatch, Committee Secretary and Rakesh Hira, Deputy Committee Secretary, during the Mongolia London Business Forum organised in London, United Kingdom.
 
Mongolia was placed on the Frontier Market Watch List in 2012 for possible inclusion in the classification, however FTSE Russell has informed its intention to remove Mongolia from the Watch List due to the limited progress over recent years against the outstanding criterion requirements, as reported previously.
 
In order to remove the obstacles to meet the criteria for Frontier Market status, MSE has formed a working group consisting of the Clearing House, Central Securities Depository and Mongolian Association of Securities Dealers and is actively working towards the readoption of the T+3 settlement cycle and the introduction of Delivery versus Payment (DvP) mechanism.
 
During the meeting with FTSE Russell, MSE representatives requested their consideration for retaining Mongolia on the Watch List at the September 2017 Annual Review and voiced our commitment to adopting an action plan for meeting the criteria and continuously reporting the progress of its implementation.
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Corporate secretary club in Mongolia launched to promote good governance www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ IFC, a member of the World Bank Group, and the Corporate Governance Development Center (CGDC) have launched a corporate secretary club to promote best governance practices so that members can better advise their company board and management on governance matters.
 
More than 30 corporate secretaries from leading Mongolian commercial banks and other corporations attended the launch in Ulaanbaatar, Mongolia, on April 12. The club provides a venue for corporate secretaries to network, discuss governance challenges and international trends, and undergo training to become senior governance professionals.
 
“Traditionally people view a board secretary as the CEO’s assistant, but the role is evolving and we see a need to improve public recognition and understanding of what a corporate secretary does,” said Tsend-Ayush Tuvshintur, Chief Executive Officer of the Corporate Governance Development Center. “The club offers professional growth opportunities to help our members become champions of corporate governance in their companies. We believe the club will greatly contribute to improving corporate governance practices in Mongolia.”
 
Since 2015, IFC has been cooperating with CGDC to increase market awareness of corporate governance, improve governance-related regulations, and advise individual companies on enhancing their corporate governance practices.
 
“IFC has been working with both regulators and the private sector to strengthen corporate governance standards in Mongolian companies,” said Tuyen D. Nguyen, IFC Resident Representative in Mongolia. “We believe this initiative will further enhance corporate leadership and governance, making Mongolian companies more competitive and attractive to global investors.”
 
Since 2009, IFC has been supporting Mongolia’s efforts to enhance corporate governance practices, including the development of a corporate governance scorecard in 2013 and regulations governing related-party disclosures to protect the interests of minority investors. These efforts are part of the broader IFC Corporate Governance Program in East Asia and the Pacific, which is funded by the State Secretariat for Economic Affairs of Switzerland.
 
Globally and across the region, IFC leverages its private sector development expertise to promote good governance practices at different levels of a market and help attract investment. The program helps regulatory bodies strengthen laws and regulations, builds the capacity of local partners and market intermediaries, advises individual firms on corporate governance improvements, and supports various awareness-raising activities. In East Asia Pacific, direct engagements with companies facilitated more than $852 million in financing due in part to corporate governance improvements and over 7,300 executives were trained through workshops conducted by IFC partners as of December 2016.
 
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