1 PRIME MINISTER ORDERS REVIEW OF TRIPARTITE AGREEMENT ON LABOR AND SOCIAL PARTNERSHIP BY JULY 30 WWW.MONTSAME.MN PUBLISHED:2025/07/23      2 270.8 THOUSAND LEGAL ENTITIES REGISTERED IN BUSINESS REGISTRY WWW.MONTSAME.MN PUBLISHED:2025/07/23      3 “CHINGGIS KHAAN” INTERNATIONAL AIRPORT SERVED 2 MILLION PASSENGERS IN 2024 WWW.MONTSAME.MN PUBLISHED:2025/07/23      4 ICE RELEASES DEAF MONGOLIAN IMMIGRANT AFTER HOLDING HIM FOR MONTHS WITHOUT INTERPRETER WWW.CALMATTERS.ORG PUBLISHED:2025/07/23      5 WILDFIRES RAGE ACROSS NORTHERN MONGOLIA AS HEAT INTENSIFIES WWW.XINHUANET.COM PUBLISHED:2025/07/23      6 STEPPE DIPLOMACY: MONGOLIA DEEPENS CENTRAL ASIA TIES WWW.TIMESCA.COM PUBLISHED:2025/07/22      7 MONGOLIAN CHESS FEDERATION RECEIVES OUTSTANDING CONTRIBUTION AWARD 2025 WWW.AKIPRESS.COM PUBLISHED:2025/07/22      8 AN IMPERIAL WEEK IN PHOTOS: EMPEROR AND EMPRESS CONCLUDE HISTORIC MONGOLIA TRIP WWW.JAPAN-FORWARD.COM  PUBLISHED:2025/07/22      9 MONGOLIA’S ANCIENT ELK PETROGLYPHS SHOW 12,000 YEARS OF CULTURAL AND ENVIRONMENTAL SHIFT WWW.INDIANDEFENCEREVIEW.COM PUBLISHED:2025/07/22      10 RUSSIAN EXPERTS REMIND CHINA: THERE IS A NEIGHBORING COUNTRY THAT IS OBVIOUSLY IN THE OPPOSITE DIRECTION AND MAY VERY LIKELY "BETRAY" CHINA AND RUSSIA WWW.VOCAL.MEDIA PUBLISHED:2025/07/22      ТУУЛЫН ХУРДНЫ ЗАМЫН БҮТЭЭН БАЙГУУЛАЛТЫГ ИРЭХ ДОЛОО ХОНОГТ ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/23     Г.ЗАНДАНШАТАР ХАР ТАМХИНЫ ХЭРГИЙН ЯЛЫГ ЧАНГАЛЖ, ТУСГАЙ НЭГЖ БАЙГУУЛАН ШАЛГАХ ЧИГЛЭЛ ӨГЧЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/07/23     "БҮХ НИЙТЭЭР АМРАХАД ЭКСПОРТЫН ОРЛОГО ЖИЛД $350-400 ОРЧИМ САЯАР ТАСАЛДАЖ БАЙНА" WWW.GOGO.MN НИЙТЭЛСЭН:2025/07/23     ЧУУЛГАНД СУУГААГҮЙ ИРЦЭЭРЭЭ Х.БАТТУЛГА, Л.ОЮУН-ЭРДЭНЭ НАР ТЭРГҮҮЛЭВ WWW.NEWS.MN НИЙТЭЛСЭН:2025/07/23     ХӨЛБӨМБӨГИЙН АЛДАРТНУУД БОЛОХ РОНАЛДИНЬО, КАРЛЕС ПУЁЛЬ, РИВАЛДО НАР МОНГОЛД ИРНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/07/23     ҮСХ: ЭКСПОРТЫН 94.7 ХУВИЙГ УУЛ УУРХАЙ ЭЗЭЛЖ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/07/22     ДҮҮЖИН ЗАМЫН ТЭЭВРИЙН БАРИЛГЫН АЖИЛД 70 ГАРУЙ ИНЖЕНЕР, ТЕХНИКИЙН АЖИЛТАН АЖИЛЛАЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/22     “ХАЛЗАН БҮРЭГТЭЙН” ОРДЫН ТАЛААРХ ЕРӨНХИЙ ХЯНАЛТЫН СОНСГОЛЫГ ЕСДҮГЭЭР САРД ЗОХИОН БАЙГУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/22     “ТОРГОНЫ ЗАМ” АВТО РАЛЛИГИЙН МОНГОЛ ДАХЬ УРАЛДААН ӨНДӨРЛӨЛӨӨ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/07/22     МОНГОЛ УЛС БҮГД НАЙРАМДАХ КИРГИЗ УЛСТАЙ “ИЖ БҮРЭН ТҮНШЛЭЛ”-ИЙН ХАРИЛЦАА ТОГТООЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/22    

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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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Japan opens door to foreign farmers www3.nhk.or.jp

Japan has decided to allow skilled foreign nationals to work on farms in special economic zones. This is aimed at tackling a serious labor shortage in the agriculture industry.

Government officials say people with a certain level of Japanese proficiency and specialized farming knowledge will be eligible.

They will be permitted to take up farming jobs in designated "National Strategic Special Zones" for agriculture where regulations are eased.

Separately, officials decided on a plan to address an acute shortage of day care centers.

They will allow small-scale facilities in special strategic zones to accept children up to the age of 5. Current regulations limit admission to children up to the age of 2.

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Mongolian, Chinese and Russian officials sign transportation agreement www.mongolia.gogo.mn

 
The Minister of Road and Transportation Development of Mongolia, Mr.Ganbat D., is attending a conference for the Ministers of Transportation of the countries belonging to the Asia Pacific Economy and Society Commission.
The conference in Moscow started on 5 December and ends today.
During the conference, officials from Mongolia, the Russian Federation and the People’s Republic of China signed an agreement to put in place a transportation system between Mongolia, Russia and China.
Chinese officials had declined to sign the agreement after His Holiness the 14th Dalai Lama visit.However, China eventually agreed and the Vice-Minister of Transport for China, Liu Syaomini signed the agreement at the meeting.
The result of the agreement will enhance regional trade flows. Under the programme, the 3 countries will implement large-scale rail and road infrastructure projects to create a regional transportation economic corridor.
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D.Amarbayasgalan appointed MPP Secretary General www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ The Seventh Conference of the Mongolian People’s Party completed on December 12. The MPP Chairman and Speaker of Mongolian Parliament, Mr M.Enkhbold in his opening address stated that the party will establish agreements on accountability with each officials who were appointed from the MPP to political offices.
 
On Monday, the MPP appointed 33 conference members, the Secretary General and secretaries. The administrative board nominated D.Amarbayasgalan to the office of Secretary General of MPP, whose candidacy was backed with majority approval. Ts.Bat-Enkh was appointed the vacant Secretary.
 
The leaders of MPP concluded that this year’s conference has been special for it is being organized in these times of economic tensions Mongolia is confronted with and in post-elections period.
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UK petrol prices could rise by 3p a litre after Opec oil deal www.theguardian.com

 
Households face further pressure from rising inflation as experts predicted a surge in petrol prices following an agreement by oil producers to cut global output.
 
The cost of petrol is close to rising above £1.20 a litre in some parts of the UK after a weekend deal between members of the Opec oil cartel and non-Opec countries.
 
The AA motorists’ organisation said the deal would add about 3p to the cost of a litre of fuel after the price of Brent crude climbed to more than $57 a barrel in the wake of the agreement.
 
With UK inflation already expected to jump above 1% in official figures for November out on Tuesday, the latest rise in oil prices will begin to justify forecasts that inflation is heading for between 2.5% and 4% by the end of 2017.
 
Opec, which accounts for about 40% of world supply and whose members include Saudi Arabia, said the deal with non-Opec members Russia, Mexico and Bahrain would result in a reduction of 558,000 barrels a day from 1 January.
 
Although less than the targeted 600,000 barrels, it was the largest ever contribution to production cuts by non-Opec members and was the first such agreement between Opec and non-Opec members for 15 years.
 
The move follows an agreement last month by Opec members to cut production by 1.2m barrels a day, also from the New Year, that followed weeks of wrangling.
 
In January, Brent crude prices plunged to almost $27 a barrel and the price at the pumps dropped to £1 a litre in some areas. But a recovery in demand for oil, especially from China and Europe, and the prospect of a deal orchestrated by Saudi Arabia to cut production has sent prices heading upwards.
 
Brent crude jumped more than 6% to $57.89 a barrel, its highest level since mid-July 2015.
 
The AA said the average price would rise from £1.15 a litre for unleaded petrol to £1.18, though in London and parts of the south-east, where prices have already hit £1.17, the figure could rise above £1.20.
 
Adding to the oil price momentum was a comment from Saudi Arabia suggesting it could make bigger cuts than first envisaged. The Saudi oil minister, Khalid al-Falih, said: “I can tell you with absolute certainty that effective 1 January, we’re going to cut and cut substantially to be below the level that we have committed to on 30 November.”
 
Meanwhile, Iraq’s oil minister Jabar al-Luaibi told Reuters the country was committed to complying with the pact, although it was confident it had the potential to raise output in the future. He said: “The cuts will aim at the figures we agreed with Opec definitely, but [for] the areas of the cuts there are many options on the table.”
 
But the prospect of US shale producers continuing to raise their own output levels, offsetting cuts by Opec, meant analysts were divided over whether the oil price has further to climb.
 
Fawad Razaqzada, market analyst at Forex.com, said a Trump-inspired growth spurt in the US and a recovery in China could spur demand for oil at a time when Opec has found a way to restrict supply.
 
“Make no mistake about it – this historic agreement is a gamechanger. Although the crude oil rally has already started at the end of last month when the Opec first announced the deal, I think there is plenty of fuel left in this rally,” he said.
 
“Admittedly, after a big gap we may see a retracement of some sort in prices now but ultimately the fundamentals still point to higher levels going forward. The oil market will now be balanced earlier than would have been the case without a deal.
 
“It is very likely that US shale producers will take advantage of this opportunity to ramp up their crude output once again but this will be a worry for another day.
 
David Hufton, a strategist at oil brokers PVM Oil Associates, said oil supplies were still expanding despite the deal and warned the price of oil was driven more “by speculative players, moving in herds”.
 
Gene McGillian, manager of market research at Tradition Energy in Stamford, Connecticut, said the Brent crude price was likely to be capped at $60. “Right now the market is kind of feeding on itself,” he said.
 
“The market could push [West Texas] another $1 to $2 up to $55, and Brent could go to about $60, but at that point there are some concerns that are going to start to cap the rally.”
 
Luke Bosdet, oil analyst at the AA, said US shale producers would react by increasing production to benefit from the higher oil price.
 
“They have become more efficient during the two years of low prices and many firms can now make money at prices below $60 a barrel,” he said.
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ADB invests in elderly care services in China www.chinadaily.com.cn

 
BEIJING - The Asian Development Bank (ADB) said Monday it has approved a loan to pilot delivery of elderly care services in Yichang city in Central China's Hubei province.
 
The ADB program will help the city provide residential, community and home-based elderly care services through public-private partnerships (PPP).
 
The total cost of the project is $128.4 million, with the Yichang municipal government contributing $55 million and the private sector expected to invest the remaining $23.4 million.
 
In Yichang city, 20 percent of residents are over 60 years of age, among the highest in a country where the national average is 14 percent, according to an ADB statement.
 
"Yet, elderly care facilities and services available there remain inadequate," said Sofia Shakil, the ADB project team leader.
 
The elderly care facilities in the city currently have relatively poor standards, with many ill-equipped in terms of staff and basic care, said the bank.
 
The project is expected to be completed by the end of 2022.
 
 
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Bill Gates, investors launch $1 billion clean tech fund www.reuters.com

 
Microsoft co-founder Bill Gates and a group of high-profile executives are investing $1 billion in a fund to spur clean energy technology and address global climate change a year after the Paris climate agreement.
 
Gates launched the Breakthrough Energy Ventures fund on Monday along with billionaire entrepreneurs such as Facebook Inc (FB.O) head Mark Zuckerberg, Alibaba Group Holding Ltd (BABA.N) Chairman Jack Ma and Amazon.com (AMZN.O) chief Jeff Bezos.
 
The fund seeks to increase financing of emerging energy research and reduce global greenhouse gas emissions to help meet goals set in Paris, according to a statement by the investor group known as the Breakthrough Energy Coalition.
 
It marked the first major investment of the coalition formed in December 2015 to spur research, development and deployment of clean energy technologies.
 
"We need affordable and reliable energy that doesn’t emit greenhouse gas to power the future and to get it, we need a different model for investing in good ideas and moving them from the lab to the market," Gates told online magazine Quartz, according to excerpts of the interview published on Gates Notes.
 
Last year Gates helped launch a public-private partnership focused on scaling up investment in new and riskier clean technology that often faces steep hurdles to commercialization.
 
The election of Republican Donald Trump as U.S. President has raised questions about future government spending on clean energy research and development. Trump has called climate change a hoax invented by the Chinese but has also said he has an "open mind" on the issue.
 
“The dialogue with the new administration as it comes in about how they see energy research will be important...the general idea that research is a good deal fortunately is not a partisan thing,” Gates told Quartz.
 
On a call with reporters Monday, Gates said coalition members would continue to push the message to Trump that "even if you don't look at the climate change piece of this, investing makes sense."
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IMF chief Christine Lagarde in negligence trial in France www.bbc.com

 
IMF chief Christine Lagarde has gone on trial in France for negligence over a compensation payment made by a state-owned bank to a businessman in 2008.
As finance minister of then-President Nicolas Sarkozy, she approved an award of €404m ($429m; £340m) to Bernard Tapie for the disputed sale of a firm.
Mr Tapie had supported Mr Sarkozy in the 2007 presidential election.
She is accused of allowing the misuse of public funds, rather than corruption. She denies wrongdoing.
The case originates in the early 1990s, when Mr Tapie was a majority shareholder in sports goods company Adidas.
After launching a political career and becoming a cabinet minister in Francois Mitterrand's Socialist government in 1992, Mr Tapie had to sell the company.
In 1993, he sued Credit Lyonnais, a state-owned bank that handled the sale, alleging that the bank had defrauded him by deliberately undervaluing the firm.
Facing jail
By 2007, the long-running case was referred by Ms Lagarde to binding arbitration. A three-member panel awarded the compensation a year later, causing a public outcry.
Last year, after eight more years of legal wrangling, a French court ruled that Mr Tapie had not been entitled to compensation and should repay the €404m.
Ms Lagarde, 60, is now facing the Court of Justice of the Republic (CJR) on charges of "negligence by a person in position of public authority".
The court, composed mostly of politicians rather than judges, handles allegations of crimes committed by cabinet ministers in office.
Ms Lagarde was sent to trial by CJR magistrates even though prosecutors had argued that the case should be dropped. The trial is due to last until 20 December.
If convicted, Ms Lagarde could face one year in prison.
She replaced Dominique Strauss-Kahn as IMF managing director in 2011.
Mr Strauss-Kahn - also a former French finance minister - resigned following his arrest in New York on charges of sexual assault that were later dropped.
 
 
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Ireland labeled as one of world's worst facilitators of tax avoidance by Oxfam www.rt.com

 
The poverty charity Oxfam has described Ireland as one of the worst corporate tax shelters in the world. The report slams Ireland for not having adequate rules to prevent corporate tax dodging and for widely facilitating large-scale corporate tax avoidance.
 
Oxfam puts Ireland on par with Bermuda and the Cayman Islands when it comes to helping big business dodge taxes.
 
“Around the world, we are known as a country of good fun, bad weather and awful tax policies that facilitate worsening inequality by allowing some of the world’s richest companies to avoid paying their fair share to society. This is no badge of honor,” said Jim Clarken, CEO of Oxfam Ireland
 
Ireland is part of a toxic global tax system servicing the very wealthiest while ordinary people pay the price and lose out on essential public services, according to Clarken.
 
“From a national, European and international perspective, the game is up. Citizens everywhere have had enough. We need to get serious about making companies pay the tax that’s due and we need transparency about where and how profits are made and where and how they are taxed. We collect more detailed data about farm animals in this country than we do about the tax affairs of multinationals,” the CEO stressed.
 
Ireland is the six in a list of 15 countries lowering corporate tax rates and indulging “extreme forms of tax dodging” to attract investment, according to Oxfam.
 
Bermuda tops the list, followed by the Cayman Islands and the Netherlands.
 
Switzerland and Singapore were ranked in fourth and fifth place with Luxembourg, Curacao, Hong Kong and Cyprus completing the top ten.
 
The final five were the Bahamas, Jersey, Barbados, Mauritius and the British Virgin Islands.
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Tokyo says no trade deals with Moscow in violation of international sanctions www.rt.com

 
The Japanese Trade Ministry says it will not sign any agreements with Russia that would compromise sanctions imposed on the country.
 
The announcement comes ahead of Russian President Vladimir Putin's visit to Japan on Thursday and Friday.
 
"We will never hurt G7 solidarity over the Ukraine issue. That's a prerequisite. We are making sure each item in the current cooperation plan is not infringing on sanctions," Japanese Trade Minister Hiroshige Seko told a news conference on Monday.
 
During the visit, the Russian president will meet with Prime Minister Shinzo Abe, and the countries are expected to sign up to 30 agreements in energy, medicine, and other projects.
 
The heads of state are likely to discuss the issue of the Kuril Islands, the Russian territory part of which Tokyo regards as its own.
 
The islands have been part of the Soviet Union and later the Russian Federation since the end of World War II in accordance with the Yalta Agreement of 1945.
 
Japan has disputed Russia's right to the southernmost islands in the chain, which it calls the Northern Territories. Tokyo insists the post-war pact did not include these islands, as they were not part of the Kuril chain.
 
US geographers have traditionally regarded the territory as part of the Kuril chain. The Soviet Union and its successor Russia have insisted the whole group of islands was included in the Yalta treaty.
 
The islands in question are Iturup, Kunashir, Shikotan, and Habomai.
 
"I will make an all-out effort to make progress on the territorial issue, even if it is just a step closer toward a solution,” said Abe on Monday.
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China's richest man warns Trump of risk to jobs www.cnn.com

China's richest man has a stark warning for Donald Trump: thousands of American jobs will be at risk if he's prevented from buying U.S. companies.
Wang Jianlin, the billionaire chairman of real estate and entertainment giant Dalian Wanda Group, has made a series of high-profile Hollywood acquisitions in recent years and says he wants to invest more in the U.S.
But his growing clout has unnerved some U.S. lawmakers and prompted calls for tougher government scrutiny of such deals.
At an event in Beijing over the weekend, Wang shrugged off the concerns in Congress and said he's taking his case straight to the president-elect.
"I met the chairman of the Motion Picture Association of America, he said he will be meeting Mr. Trump soon and asked if I have any message I want to send," he said. "I told him that I've invested $10 billion along with 20,000 employees in the United States. 20,000 people might lose their jobs if anything goes wrong."

Wang's growing collection of U.S. entertainment businesses includes AMC Theaters (which is swallowing up Carmike Cinemas (CKEC)), movie studio Legendary Entertainment and a recent deal to buy Dick Clark Productions, which produces the Golden Globes and other awards.
He told CNNMoney in September that he still wants to buy one of Hollywood's "Big Six" studios, which includes the likes of 20th Century Fox (owned by Rupert Murdoch's 21st Century Fox (FOX)) and Warner Bros (owned by CNN parent Time Warner (TWX)).
Wang said at the weekend that the objections from Congress were just one view among many.
"I think we need to wait until after Mr. Trump takes office to see what his attitude is toward Chinese entertainment companies," he said, adding that Trump "needs to understand" that Hollywood movies are relying on the Chinese market for growth.

Trump's position on Chinese investment in the U.S. isn't clear. His campaign rhetoric focused mainly on the trade in manufactured goods between the world's two largest economies, accusing China of taking American jobs by not playing by the rules.
The president-elect has threatened to label Beijing a currency manipulator and slap tariffs of as much as 45% on Chinese products coming into the U.S., raising the risk of a trade war.
But experts say there are more pressing concerns like China's restrictions on foreign investment -- including in media and entertainment -- and policies that tend to favor domestic firms.

Even before his inauguration next month, Trump has already strained the relationship between Washington and Beijing by questioning the U.S. government's long-standing approach to the sensitive topic of Taiwan.

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