1 N.UCHRAL: FINISH THE NAADAM FESTIVAL, PREPARE FOR WINTER WWW.GOGO.MN PUBLISHED:2026/07/27      2 OVER 2,800 DELEGATES EXPECTED FOR COP17 IN MONGOLIA WWW.GOGO.MN PUBLISHED:2026/07/27      3 VICTORIA DELMON ANNOUNCED AS WORLD BANK GROUP NEW COUNTRY MANAGER FOR MONGOLIA WWW.MONTSAME.MN PUBLISHED:2026/07/27      4 AI IN GOVERNMENT WWW.GOGO.MN PUBLISHED:2026/07/27      5 SA GAS COMPANY SIGNS BILLION-DOLLAR AGREEMENT WWW.INDAILYSA.COM.AU/ PUBLISHED:2026/07/27      6 MONGOLIA’S HUNNU NOBILITY CEMETERY COMPLEXES ADDED TO UNESCO WORLD HERITAGE LIST WWW.QAZINFORM.COM PUBLISHED:2026/07/27      7 MOM'S TOUCH OPENS 20TH STORE IN MONGOLIA, BECOMES NO. 2 QSR BRAND WWW.EN.SEDAILY.COM PUBLISHED:2026/07/27      8 GOVERNMENT DOMESTIC SECURITIES WORTH MNT 10 BILLION TRADED WWW.MONTSAME.MN PUBLISHED:2026/07/24      9 TMK ENERGY APPOINTS U.S. PRIVATE EQUITY VETERAN STEVE SKINNER AS COO TO DRIVE MONGOLIAN GAS PROJECT WWW.TIPRANKS.COM PUBLISHED:2026/07/24      10 ERDENE STOCK TRACKS LATEST RESOURCE UPDATE AS MONGOLIA GOLD PROJECT ADVANCES WWW.AD-HOC-NEWS.DE PUBLISHED:2026/07/24      Б.МӨНХТАМИР: COP17 ХУРАЛД УЛСЫН ТӨСВӨӨС 267 ТЭРБУМ ТӨГРӨГ ЗАРЦУУЛНА WWW.GOGO.MN НИЙТЭЛСЭН:2026/07/27     МОНГОЛБАНК: ИНФЛЯЦ 2027 ОНООС ЗОРИЛТОТ ТҮВШИНД ТОГТВОРЖИХ ТӨЛӨВТЭЙ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/07/27     ДЭЛХИЙН БАНК ГРУППИЙН МОНГОЛ ДАХЬ СУУРИН ТӨЛӨӨЛӨГЧӨӨР ВИКТОРИА ДЕЛМОН ТОМИЛОГДЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/07/27     ЕРӨНХИЙ САЙД Н.УЧРАЛ: НАЙР НААДМАА ДУУСГА. ӨВӨЛДӨӨ БЭЛД WWW.GOGO.MN НИЙТЭЛСЭН:2026/07/27     ЗЭСИЙН ЭКСПОРТ НҮҮРСИЙГ ДАВЖ, ЭДИЙН ЗАСГИЙН ШИНЭ ТУЛГУУР БОЛЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/07/27     ДАМБАДАРЖАА ДУЛААНЫ СТАНЦЫГ ЭНЭ ОНД АШИГЛАЛТАД ОРУУЛНА WWW.NEWS.MN НИЙТЭЛСЭН:2026/07/27     ЖУУЛЧДЫН ТОО ӨМНӨХ ОНЫ МӨН ҮЕЭС 13.7 ХУВИАР НЭМЭГДЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/07/27     МОНГОЛ УЛСААС НҮБ-ЫН АНДЭЗНК-ЫН ДЭРГЭД СУУХ БАЙНГЫН ТӨЛӨӨЛӨГЧ В.ОЮУ ИТГЭМЖЛЭХ ЗАХИДЛАА ГАРДУУЛАВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/07/24     “GLOBAL SILHOUETTE” ОЛОН УЛСЫН ҮЗЭСГЭЛЭН ХААН ГАЛЕРЕЙД НЭЭЛТЭЭ ХИЙЛЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/07/24     РИО ТИНТО-ТОЙ ХИЙХ ХЭЛЭЛЦЭЭРИЙН НОГДОЛ АШИГ АВАХ АЖЛЫН ХЭСГИЙГ САНГИЙН САЙД АХАЛНА WWW.GOGO.MN НИЙТЭЛСЭН:2026/07/24    
Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2025 London UK MBCCI London UK Goodman LLC

NEWS

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G20 to discuss Brexit fallout www3.nhk.or.jp

Finance ministers and central bank chiefs from the Group of 20 economies will discuss ways to minimize the fallout from Britain's decision to leave the European Union.
 
The officials will hold their first meeting since the Brexit vote in the Chinese city of Chengdu on Saturday and Sunday.
 
The agenda is expected to include trends in financial markets, a US interest rate hike, and global risks such as the slowdown in China and other emerging economies.
 
The Brexit vote has sparked turmoil and uncertainty in markets. The Japanese yen surged against the dollar to its highest level in more than two and a half years as investors seeking safe haven bought the currency.
 
The International Monetary Fund has cut its growth forecast for the 19-member eurozone for the next year by 0.2 percentage points to 1.4 percent.
 
Japanese Finance Minister Taro Aso said last week that countries should do what they can to minimize the impact of the Brexit vote. But he said too many factors remain unclear. He said he first wants to listen to EU and British officials.
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Asian law associations' leaders to assemble in UB www.mongolia.gogo.com

The 27th Summit of the Presidents of Law Associations in Asia is to take place in Ulaanbaatar, Mongolia on July 21 and 22. This year’s POLA Summit will run discussions under topics “Independence of Constitutional Courts: Role of Lawyers and Law Associations” and “Mining and Improving Legal Capacity and Human Rights”.
The Mongolian Lawyers’ Association, joined POLA in 2014 is hosting its summit at home for the first time. The right to host this event was obtained in 2015 POLA Summit, held in Goa, India.
The POLA is a non-political organization, established in 1990 with an aim to protect interests of the lawyers of Asian and Pacific countries and to improve their professional responsibilities and legal education.
The 27th POLA Summit expects adoption of a declaration of privileges of the lawyers in the region.
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Bank of America second quarter profits fall 19% www.bbc.com

Bank of America reported a 19% slide in profit in the second quarter, as persistently low interest rates hurt the bank's loan business.
The bank made just $3.89bn (£2.93bn) in profit during the period between April and June, down from $4.8bn last year.
The results still beat analysts expectations, and Bank of America's shares rose 1.8%.
Profits across US banks have been hit by the Federal Reserve's low interest rate policy.
"We had another solid quarter in a challenging environment," said chief executive Brian Moynihan.
Bank of America opted to take a $1bn charge, in anticipation of customers refinancing their mortgages in the ultra-low interest rate environment.
The bright spot for Bank of America was its trading revenue, which rose sharply following the UK's vote to leave the European Union.
Revenue from the global trading division climbed 12% to $3.8bn for the quarter.
The bank also continued its strategy of cutting employee and branch numbers as a way to reduce costs. The number of staff fell by approximately 6,000, and the number of bank branches fell by 108.
Mr Moynihan said expenses were down 3%, to levels not reached since 2008.
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Ruble rises as emerging market cash shifts from Turkey www.rt.com

The Russian currency strengthened on Monday, trading at a nine-month high of 63.10 to the US dollar and 69.64 to the euro on the Moscow Stock Exchange.Analysts link the ruble growth to dividend payouts and the tax season, as well as nervous emerging market investors shifting their money from Turkey after this weekend's attempted coup.
 
Overall, the Russian currency has gained 17 percent this year, the most in emerging markets after Brazil’s real. The ruble exchange rate, which was traditionally tied to the oil price, was performing better than crude which traded at $47.71 per barrel Monday.
 
The head of the monetary and financial department of Citibank’s local branch Denis Korshilov explained the ruble’s rally by the peak tax season in Russia. Companies are now paying dividends and converting funds into rubles, thus strengthening the currency, he told business daily Vedomosti. The Russian tax period started on Friday and will peak on July 25.
 
“Taxes and dividend payments will remain key drivers for the ruble this week,” Alexey Egorov, an analyst at Moscow-based Promsvyazbank told Bloomberg. “Some investors may switch their investments from Turkey into Russian assets amid uncertainty in Turkey after the failed coup attempt."
 
According to Egorov, the ruble’s gains mean it’s catching up with its fair value relative to oil. He added the currency should trade as strong as 62 to the dollar based on the current price of crude.
 
Some experts say Friday night’s coup attempt in Turkey, which pushed investors to buy into safe havens, has also helped the ruble shrug off a slump in crude prices in the last two weeks. Others claim the political crisis in Turkey where army officers tried to take control of the country, didn’t have any effect on the Russian financial market.
 
"Even though the attempt of a military coup in Turkey has failed it could push the country's economy into a protracted crisis. However, for the global economy in general, the incident is of little threat,” an analyst from Rossiysky Capital bank Anastacia Sosnova was cited by finam.ru
 
The Turkish lira plunged almost five percent on Friday during the attempted military overthrow of Erdogan's government. The lira reached its lowest level since the 2008 global financial crisis.
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Tech arms race lifts Japan carmakers' R&D budget to record www.asianikkei.com

TOKYO -- Rushing to meet technological needs in the era of tightening environmental regulations, Japanese automakers are set to spend a record sum on research and development this fiscal year.
 
R&D investment by seven major Japanese carmakers will rise to an all-time-high 2.81 trillion yen ($26.8 billion), according to data compiled by The Nikkei. That would mark a 2.8% uptick from fiscal 2015 and the seventh straight annual increase.
 
The figure represents a jump of nearly 1 trillion yen from fiscal 2009 -- shortly after the financial crisis. In addition to fuel-efficient vehicles, the automakers are eager to get their hands on autonomous driving technologies. With their budget accounting for a fourth of R&D spending among manufacturers, the auto sector holds significant sway on technological innovation.
 
Of the seven companies, Toyota Motor, Nissan Motor, Suzuki Motor, Mazda Motor and Fuji Heavy Industries are planning record-high spending.
 
Toyota's outlays are to increase 2.3% year on year to 1.08 trillion yen, which includes funds for unit Daihatsu Motor and others. That compares with equivalent investment of 800 billion yen to 900 billion yen by such foreign rivals as General Motors of the U.S. and Daimler of Germany.
 
Toyota has set its sights on both zero-emission fuel cell vehicles and plug-in-hybrids to respond to tighter environmental regulations. Its R&D spending is to surge about 20% from a decade ago, while capital spending is to drop by 10% or so to 1.35 trillion yen. This highlights a sharpening focus on intellectual property.
 
Nissan's R&D spending will climb 5.3% to 560 billion yen, as the company seeks to develop biofuel-powered fuel cells in order to extend electric vehicles' driving range.
 
Honda's will decrease by 4.1% because of model development cycles. But the company will open an R&D site in central Tokyo this fall to study the artificial intelligence necessary for self-driving technologies, in collaboration with other research institutes.
 
Suzuki plans to lift R&D spending 6.9% to 140 billion yen as it seeks to strengthen green offerings in emerging economies. Mazda, with a focus on fuel economy, will increase spending 7.2% to 125 billion yen. Subaru maker Fuji Heavy will ramp up spending 17.2% to 120 billion yen, and Mitsubishi Motors plans a 23.3% jump to 97 billion yen.
 
While the percentage increases are bigger for these midtier automakers, the gap in investment is widening compared with top automaker Toyota, whose spending had already reached 800 billion yen 10 years ago.
 
Smaller manufacturers that cannot afford huge spending will likely seek outside business resources, says Carlos Ghosn, CEO of Nissan, predicting a possible industry realignment. Nissan has agreed to take a 34% stake in scandal-mired Mitsubishi Motors.
 
Capital spending by the seven automakers is seen totaling 3.01 trillion yen for fiscal 2016. This is a 4.5% increase on the year but still 0.6% lower than in fiscal 2006, before the financial crisis hit.
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SpaceX launches new-style space docking port into orbit www.theguardian.com

SpaceX has sent a new-style space station docking port into orbit en route to the International Space Station.
 
An unmanned Falcon rocket was launched early on Monday in Florida carrying 2,267kg (5,000lbs) of supplies in the Dragon space capsule along with the new docking port.
 
The Dragon successfully made it into orbit, according to Nasa, and is due to arrive at the space station on Wednesday.
 
It is SpaceX’s second shot at delivering a new-style docking port for Nasa. The last one went up in smoke over the Atlantic last year, a rocket accident casualty.
 
SpaceX also managed to bring the used first-stage booster back to Cape Canaveral Air Force Station for a vertical landing – only the second such land landing for an orbital mission and the ultimate in recycling.
 
Nasa needs this new docking ring to be set up on the space station so that Americans can fly up in crew capsules next year.
 
“I know how critical this is for Nasa,” Hans Koenigsmann, SpaceX’s vice president for mission assurance, said during a press conference on Saturday.
 
A second docking ring is due to be delivered in 2017, Nasa said.
 
“Each commercial resupply flight to the space station is a significant event. Everything, from the science to the spare hardware and crew supplies, is vital for sustaining our mission,” said Kirk Shireman, Nasa’s International Space Station program manager.
 
“With equipment to enable novel experiments never attempted before in space, and an international docking adapter vital to the future of U.S. commercial crew spacecraft, we’re thrilled this Dragon has successfully taken flight.”
 
Owned and operated by Musk, the technology entrepreneur who founded Tesla Motors Inc, SpaceX is developing rockets that can be refurbished and re-used, potentially slashing launch costs. So far, it has successfully landed a Falcon on the ground once and on an ocean platform in three out of its last four attempts.
 
SpaceX intends to launch one of its recovered rockets as early as autumn of this year, Koenigsmann said.
 
Landing the rocket is a secondary goal. The main mission is placing the Dragon capsule into orbit and sending it on a two-day trip to the station.
 
The capsule holds nearly 5,000 lbs (2,268 kg) of food, supplies and equipment, including a miniature DNA sequencer, the first to fly in space.
 
The metal docking ring, built by Boeing, is 2.4m (7.8ft ) in diameter. After its attachment to a berthing port on the station, it will serve as a parking space for commercial spaceships under development by SpaceX and Boeing. The manned craft are scheduled to begin test flights next year.
 
Since the US space agency retired its fleet of space shuttles five years ago, the United States has depended on Russia to ferry astronauts to and from the station at a cost of more than $70 million per person.
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Brexit 'will be horrible for UK economy' - fund manager www.bbc.com

The vote to leave the European Union will have a "horrible" impact on the UK economy, which could "judder to a halt", a leading fund manager has said.
Richard Buxton, chief executive of Old Mutual Global Investors (OMGI), described Brexit as "really bad news".
He told the Guardian he feared the move could lead to a recession.
Financial markets would remain volatile while the government negotiated an exit deal with the EU, Mr Buxton added.
OMGI has managed funds worth £26bn for both institutional and individual investors.
Speaking to the newspaper, Mr Buxton said the stock market had priced in a "pretty significant recession" for the UK given the slide in share prices of companies such as house-builders and banks.
Shares in two of the UK's biggest house-builders, Barratt Developments and Persimmon, have fallen almost 30% and 25% respectively since 24 June - the day the referendum result was announced.
"I think the economy is going to judder to a halt [or] have a mild recession, but I don't think it is going to be as severe as some of these shares are pricing in... The real economy is only going to gradually emerge over the next three to six months," Mr Buxton said.
House prices are expected to fall across the UK in the next three months, a survey by the Royal Institution of Chartered Surveyors has found.
The new chancellor, Philip Hammond, has said the Brexit vote has "rattled" financial markets and that the UK economy will face challenges following the "shock" of the referendum outcome.
Duty cuts
Mr Hammond was facing "one of the most unusual economic environments I have known in my 30-year investment career", Mr Buxton said.
He predicted the UK government would take steps such as cutting stamp duty on house purchases and fuel duty in the Autumn Statement to help compensate for the dramatic slide in the pound.
Sterling was trading as high as $1.50 on the day of the EU referendum, but collapsed to as low as $1.28 in the wake of the leave vote.
The currency is now worth just under $1.32, but several big banks predict the pound to fall to $1.25 or lower given the expectations of interest rate cuts and slowing economic growth.
Mr Buxton said some OMGI clients had asked for their money back, but one big foreign client had increased its investments on the belief that the slide in sterling and falling share prices meant there were bargains to be had.
However, many Old Mutual clients were still "slightly stunned" by the Brexit vote and were reluctant to take any action, he said.
"That will fade over time, but it's how can we get out to people and say 'look, we do still think there are some amazing investment opportunities here'," Mr Buxton said. "Our mood here is we're glass half full people."
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SoftBank agrees to buy Britain's ARM Holdings for $31 billion: FT www.reuters.com

Japan's SoftBank Group Corp (9984.T) has agreed to buy ARM Holdings PLC (ARM.L) for 23.4 billion pounds ($31 billion), the Financial Times reported on Monday, citing two people familiar with the negotiations.
 
ARM, which provides technology for the iPhone, is a major presence in mobile processing, with its processor and graphics technology used by Samsung (005830.KS), Huawei [HWT.UL]and Apple (AAPL.O) in their in-house designed microchips.
 
SoftBank could not immediately be reached for comment. ARM Holdings officials were not available outside market hours.
 
If confirmed, the deal would be one of the largest in European technology to date, and SoftBank's largest ever, bigger than the $22 billion acquisition of a controlling stake in wireless operator Sprint in 2013, a deal that left the group with hefty debts.
 
An announcement on Monday would come less than a month after the Japanese group's founder, Masayoshi Son, scrapped his plans to leave the company. He said he wanted to develop Sprint and complete the transformation of SoftBank into an Internet investment powerhouse.
 
It also comes just weeks after Britain voted to leave the European Union, battering sterling and bolstering the yen.
 
According to the Financial Times report, SoftBank will pay 17 pounds in cash for each ARM share, a premium of more than 40 percent to Friday's close at 11.89 pounds.
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China, EU looking for solution to steel disputes www.chinadaily.com

China and the European Union are looking for "an appropriate mechanism" to solve their steel trade disputes, the Ministry of Commerce said on Saturday.

The ministry confirmed reports that Chinese and EU leaders discussed steel trade, and the many European anti-dumping investigations into Chinese steel, during the 18th China-EU summit, held on Tuesday.

The EU has launched 15 anti-dumping investigations into Chinese exports since 2014, with eight of them related to steel products.

"Leaders from both sides have asked their departments in charge of foreign trade to enhance exchanges in the steel trade," according to a brief statement on the ministry's website.

Ministry officials have said on many occasions that China, the world's largest steel producer, has been wrongly blamed for the difficulties faced by the global steel industry. Actually, it is the anemic global economy and weak demand that are to blame.

The ministry maintains that frequent use of protectionist measures will not help end global steel overcapacity, but rather disrupts normal trade order.

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Official Visit of the President of the Republic of Korea to Mongolia continues www.mongolia.gogo.mn

Upon the invitation of the President of Mongolia Ts.Elbegdorj, Park Geun-hye, the President of the Republic of Korea is paying an official visit to Mongolia on July 17-18, 2016.
On June 17, the President of Mongolia Ts.Elbegdorj and the President of the Republic of Korea Park Geun-hye held bilateral talks at the Sukhbaatar’s Hall of the State Palace. 
President Elbegdorj noted: “On behalf of the people of Mongolia and my own name, I would like to appreciate to the President of the Republic of Korea Park Geun-hye for paying an Official Visit to Mongolia and extend my warm welcome. 
I visited the Republic of Korea two months ago. I’m truly glad that the works that we discussed during my previous visit are now ready to be implemented. Mongolia has successfully hosted the ASEM Summit and in this regard, we appreciated your cooperation and support of the Government of South Korea. I believe that your visit will bring our mutual relations into a new stage of development. I wish more success in your visit”.
The President of the Republic of Korea Park Geun-hye said: “First of all, I would like to congratulate Mongolia on successfully hosting the ASEM Summit. In 2009, I visited Mongolia for the first time. Since then, in seven years, Mongolia has positively changed in terms of economy and democracy. I think this is the result of a joint effort by the President and the people of Mongolia”. 
The parties discussed about the bilateral cooperation documents and the issues related to trade, economic and infrastructure spheres. 
Also, the parties exchanged opinions on enhancing the mutual relationship and partnership. 
Following, the signing ceremony of cooperation documents has been held in the State Palace. During the ceremony, the following documents were signed:
An Agreement on the second project to support the public transport system between countries and cities between the Government of Mongolia and the Export–Import Bank of South Korea.
An Intergovernmental program on the bilateral cultural exchange in 2016-2019, between the Government of Mongolia and the Government of South Korea.
An Agreement on cooperation in the cultural heritage sector between the Ministry of Education, Culture and Sciences of Mongolia and the Cultural Heritage Administration of South Korea.
A Memorandum of Understanding on cooperation in cultural and creative industries between the Ministry of Education, Culture and Sciences of Mongolia and the Ministry of Culture, Sports and Tourism of South Korea.
A Memorandum of Understanding on cooperation to combat against desertification, dust and sandstorms between the Ministry of Environment, Green Development and Tourism of Mongolia and the Korea Forest Service of South Korea. 
An Agreement on cooperation in healthcare technology sector based the information and high technologies between the Ministry of Health and Sports of Mongolia and the Ministry of Health and Welfare of South Korea. 
A Memorandum of Understanding on cooperation in the social welfare sector between the Ministry of Population's Development and Social Welfare of Mongolia and the Ministry of Health and Welfare of South Korea.
A Memorandum of Understanding on enhancing the cooperation in energy sector between the Ministry of Energy of Mongolia and the Ministry of Trade, Industry and Energy of South Korea. 
A Memorandum of Understanding on cooperation in the experiment construction project of the environmentally friendly power plant between the Ministry of Energy of Mongolia and the Ministry of Trade, Industry and Energy of South Korea. 
Today Speaker of the Parliament M.Enkhbold and the Prime Minister of Mongolia J.Erdenebat will hold meeting with Park Geun-hye, the President of the Republic of Korea. 
After attending the Mongolia-South Korean business forum, the President of the Republic of Korea will conclude her official visit to Mongolia.

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