1 ODD-EVEN TRAFFIC RESTRICTION CONCLUDES WWW.UBPOST.MN PUBLISHED:2025/09/15      2 MMC ANNOUNCES FIRST GOLD POUR COMPLETED AT THE BAYAN KHUNDII MINE IN MONGOLIA WWW.SG.FINANCE.YAHOO.COM  PUBLISHED:2025/09/15      3 MKE LAUNCHES CARTRIDGE PRODUCTION LINE IN MONGOLIA WWW.RAILLYNEWS.COM  PUBLISHED:2025/09/15      4 MONGOLIA’S LARGEST MINING EVENT HIGHLIGHTS INVESTMENT AND RESPONSIBLE MINING WWW.MONTSAME.MN PUBLISHED:2025/09/14      5 GENERAL MEETING OF ASIA SECURITIES FORUM OPENS IN ULAANBAATAR WWW.MONTSAME.MN PUBLISHED:2025/09/14      6 BUDGET 2026: MINISTRY REPORTS RAISING MINIMUM PENSION TO MNT 1.5 MILLION NOT FEASIBLE UNDER CURRENT BUDGET WWW.GOGO.MN PUBLISHED:2025/09/14      7 ULAANBAATAR AND JAPAN STRENGTHEN CLEAN ENERGY PARTNERSHIP WWW.MONTSAME.MN PUBLISHED:2025/09/14      8 730 BREEDING SHEEP WERE BROUGHT FROM MONGOLIA TO NAMANGAN UZBEKISTAN WWW.ZAMIN.UZ  PUBLISHED:2025/09/14      9 MONGOLIA RECORDS USD 16.6 BILLION IN TRADE WWW.MONTSAME.MN PUBLISHED:2025/09/11      10 GOVERNMENT REPORTS OPERATIONAL IMPROVEMENTS AT ERDENES TAVANTOLGOI UNDER SPECIAL REGIME WWW.MONTSAME.MN PUBLISHED:2025/09/11      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     ШАХМАЛ ТҮЛШНИЙ БОРЛУУЛАЛТ ӨНӨӨДРӨӨС ЭХЭЛЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/09/15     “МОНПОЛИМЕТ" ГРУПП ДОРНОГОВЬ АЙМГИЙН ӨРГӨН СУМАНД ЕБС БАРИХ ТӨСӨЛ ЭХЛҮҮЛЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/14     ЗАСГИЙН ГАЗАР MINING AI САНААЧИЛГА ХЭРЭГЖҮҮЛЭХЭЭ ХӨРӨНГӨ ОРУУЛАГЧДАД ЗАРЛАЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/14    

Category

Events

Events

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

NEWS

64x64

World Bank Urges Fiscal Reforms for Mongolia's Growth www.miragenews.com

 A new World Bank report highlights the opportunity of the current mining boom to strengthen fiscal policy by advancing critical fiscal reforms in Mongolia.
Following three challenging years marked by overlapping external shocks, Mongolia has emerged with improved fiscal and macroeconomic outcomes, according to the Mongolia Public Finance Review, titled "Making this time different: Fiscal reforms for stable, sustainable, and inclusive development." Robust growth, driven by strong coal exports, has led to reduced public debt and increased external buffers while proactive debt management helped ease rollover risks, resulting in narrower bond spreads and higher sovereign credit ratings.
Despite these improvements, some underlying fiscal vulnerabilities persist. The influx of mining revenue has supported expansionary public spending, with expenditure as a share of GDP exceeding pre-pandemic levels and peer benchmarks. Quasi-fiscal operations-such as the subsidized housing mortgage scheme and off-budget transfers through state-owned enterprises-add to expansionary policies and could risk undermining recent progress.
The report identifies opportunities to enhance the efficiency of public spending. Mongolia's social assistance system contributes significantly to poverty and inequality reduction, but the system is expensive and targeting could be improved. Enhancing more equitable access to health and education while addressing disparities across regions and income groups would lay the foundation for better human capital outcomes, not just for improved well-being, but also for stronger future growth. Public investment could benefit from improved prioritization, planning and oversight, especially given the government's objective of scaling up infrastructure investment to boost future growth under the government's New Recovery Policy and action program. Although revenues are strong, tax reforms could broaden the tax base away from heavy reliance on mining revenues while enhancing progressivity and making the tax system more growth-friendly.
Such reforms would help further stabilize the economy, ease inflationary and external pressures, and create space for investments in physical and human capital. "Mongolia stands at a pivotal moment. The current economic boom creates a unique opportunity to strengthen the country's fiscal position, but also risks repeating past boom-bust cycles if reforms are delayed," said Taehyun Lee, World Bank Country Manager for Mongolia. "Now is the time to strenghten fiscal foundations, improve spending efficiency, and create space for sustainable and inclusive growth. The recently approved amended budget reflects the government's efforts to maintain fiscal prudence in the face of revenue volatility and global uncertainty."
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.

 

...


64x64

Darkhan Metallurgical Plant Reports Profit of MNT 36.7 Billion in First Half of 2025 www.montsame.mn

Minister of Industry and Mineral Resources Damdinnyam Gongor has instructed the acceleration of the implementation of the "Mongolian Steel Complex-1" project at the Darkhan Metallurgical Plant LLC.
The Government of Mongolia has resolved to establish a smelting facility at the Darkhan Metallurgical Plant, with an annual production capacity of at least one million tons of steel products. Minister of Industry and Mineral Resources Damdinyam Gongor and accompanying officials have reviewed the operations of the Plant and the preparatory progress of the project.
Chief Executive Officer of Darkhan Metallurgical Plant LLC, B. Chagnaadorj, reported, “In the first half of 2025, the company had planned to generate a net profit of MNT 21.8 billion. However, we have exceeded expectations with a net profit of MNT 36.7 billion. Furthermore, while MNT 37.9 billion was projected to be paid to the state and local budgets in the form of taxes, fees, and levies, actual contributions reached MNT 51.7 billion. All key performance indicators outlined in our business plan have been fully achieved.”
Minister Damdinyam instructed the management of the Plant to expedite the implementation of the Mongolian Steel Complex-1 project and to resolve land management and other related issues promptly. The Minister affirmed that the Government will provide full support for the project’s advancement.
The Plant aims to expand its steel production based on the proven reserves of the Tumurtei deposit and to manufacture high-quality, internationally certified products. The company aims to implement its investment plan in phases and commission the full operations of the complex by 2028.

...


64x64

Oman-Mongolia Investment Partnership: Opportunities and Implications for Your Business Growth www.omanet.com

Abdulsalam bin Mohammed al Murshidi, President of the Oman Investment Authority, led a delegation to Ulaanbaatar for high-level discussions with Mongolia’s Prime Minister Gombojav Zandanshatar.
During their meeting, Prime Minister Zandanshatar emphasized Mongolia’s eagerness to strengthen relations with the Sultanate of Oman, highlighting a shared interest in developing a practical partnership focused on mutual investment benefits across key sectors.
Al Murshidi underscored the need to enhance bilateral cooperation not only in investments but also in other areas of common interest.
The Omani delegation participated in a series of official discussions with various Mongolian officials, including:
Damdinnyam Gungor, Minister of Industry and Mineral Resources
Batkhuu Edesh, Secretary General of the Ministry of Economy and Development
Ganbold Bata, Advisor and Head of the Office of the Deputy Prime Minister
V Enkhbaatar, Director General of the Investment and Trade Agency
T Munkhtor, Advisor to the Minister of Food, Agriculture and Light Industries
Conversations centered on potential investment opportunities in mining, energy, agriculture, and food production. Both sides explored possibilities for joint projects and trade facilitation, aiming to create an environment conducive to long-term investments.
The two parties agreed to enhance technical-level dialogues in the near future to establish executive frameworks for bilateral cooperation.
This official visit underscored the mutual aspiration of Oman and Mongolia to build a broad, sustainable strategic partnership, reflecting significant potential for collaboration across economic and developmental sectors.
The discussions were attended by Shaikh Abdulaziz bin Abdullah al Hinai, Ambassador-at-Large at the Ministry of Foreign Affairs, along with senior officials from both nations. — ONA
Special Analysis by Omanet | Navigate Oman’s Market
The recent high-level discussions between Oman and Mongolia highlight a strategic shift for businesses in Oman, opening avenues for investment in mining, energy, agriculture, and food production. This partnership not only presents a unique opportunity for diversification but also poses potential risks related to market adaptability and project execution in a new geopolitical landscape. Smart investors and entrepreneurs should consider delving into Mongolia’s evolving sectors, leveraging bilateral agreements to maximize growth while remaining vigilant of regional dynamics.

...


64x64

Mongolia and Finland to strengthen cooperation within UN, other international organizations www.qazinform.com

Minister of Foreign Affairs of Mongolia Battsetseg Batmunkh held official talks with Minister of Foreign Affairs of the Republic of Finland Elina Valtonen as part of her official visit to the Republic of Finland on August 1, 2025, reported the Ministry of Foreign Affairs, MONTSAME reports. 
During the meeting, the two sides emphasized the dynamic development of the traditional friendly relations between Mongolia and the Republic of Finland, grounded in shared values such as mutual trust, democracy, human rights, and the rule of law. The two sides discussed possibilities for expanding cooperation in the sectors of economy, investment, renewable energy, forestry, green technology, environment, education, culture, and tourism. The Ministers of Foreign Affairs of the two countries reaffirmed their commitment to strengthening cooperation within the framework of the United Nations and other international organizations, sharing views on matters concerning regional and international affairs.
The Ministers highlighted the importance of upholding the Helsinki Principles and commitments within the Organization for Security and Co-operation in Europe (OSCE), agreeing upon further strengthening collaboration in this area. Concluding the official talks, the Ministers of Foreign Affairs of Mongolia and the Republic of Finland issued a Joint Statement.
Earlier, it was reported Mongolia and Kazakhstan are set to expand inter-parliamentary cooperation.

...


64x64

Inter-Parliamentary Union to support Mongolia's efforts to enhance gender equality www.akipress.com

Chairman of the Parliament of Mongolia Amarbayasgalan Dashzegve and President of the Inter-Parliamentary Union (IPU) Tulia Ackson held an official meeting on July 31, Montsame reported with reference to the Media and Public Relations Department of the Parliament of Mongolia.
The Chairman of the Parliament of Mongolia expressed gratitude for the cooperation with and support from the IPU and member countries in strengthening democracy and refining legislative activities.
Amarbayasgalan Dashzegve highlighted that, following the mixed electoral system implemented according to the revised Constitution of Mongolia, the number of Parliament Members increased to 126, 32 of whom are women, noting that this made Mongolia one of the leading countries in Asia in terms of women's participation in Parliament, marking notable progress toward achieving the goals set by the IPU.
Chairman Amarbayasgalan stated that an initiative proposal is under preparation to establish an advisory body on Land Degradation and Desertification under the Standing Committee on Sustainable Development of the IPU in connection with the 17th Session of the Conference of the Parties (COP17) to the United Nations Convention to Combat Desertification (UNCCD) to be held in Mongolia, expressing confidence that the IPU will actively support this initiative.
President of the IPU Tulia Ackson emphasized the IPU's support for Mongolia's efforts to enhance gender equality, noting that cooperation between Parliaments and the IPU plays a vital role in fostering an equal and accessible future for all.
President Tulia Ackson, who works focusing on matters of strengthening women and enhancing gender equality, asserted that the IPU will support the initiative reflected in the strategic plan of the Mongolian Parliament aimed at safeguarding human rights and creating a people-centered legal environment.

...


64x64

Gold purchase by Mongolia's central bank down 24.1 pct www.xinhuanet.com

Mongolia's central bank purchased seven tons of gold from legal entities and individuals in the first seven months of 2025, marking a 24.1-percent decrease compared to the same period last year, according to the Bank of Mongolia on Monday.
As of July, average price of gold purchased by the Bank of Mongolia was 384,712.91 Mongolian tugriks (about 107.1 U.S. dollars) per gram.
Purchasing gold is one of key ways for the central bank to ensure the country's economic stability by consistently increasing foreign currency reserves, said the bank.
Mongolia's foreign exchange reserves have risen to 5.206 billion dollars in the first half of 2025.

...


64x64

Feature: Enthusiasm for learning Chinese increasing in Mongolia www.xinhuanet.com

In the early morning of Ulan Bator, capital of Mongolia, 19-year-old Mongolian university student Enkhbat arrives early at the examination venue for the Chinese Proficiency Test, ready to assess his Chinese language skills.
"I'm in my sophomore year and hope to use this test to evaluate my Chinese proficiency in preparation for studying abroad," Enkhbat said. Hailing from Khentii Province, his parents are herders, and a chance encounter led him to the Chinese language.
In the summer of 2023, Enkhbat traveled to Ulan Bator with his father to sell cashmere products, where they encountered a businessman from China. Unfortunately, without a translator, neither Enkhbat nor his father could comprehend the Chinese spoken by the businessman, leading to an unsuccessful negotiation that left his father feeling regretful.
That day, his father patted him on the shoulder and said, "You need to learn Chinese when you go to university."
At university, Enkhbat chose to major in Chinese, planning to study further in Shanghai after graduation. "China has a huge market, and the potential for China-Mongolia trade is immense," Enkhbat noted.
Currently, there is a growing number of young people in Mongolia, like Enkhbat, keen on learning Chinese. Cheng Shengli, the Chinese director of the Confucius Institute at the National University of Mongolia, said that among foreign language learners in Mongolia, those studying Chinese rank second after English.
There are 18 national primary and secondary schools as well as over 40 private schools offering Chinese courses in Mongolia, with more than 150 other schools planning to introduce Chinese language programs.
The Confucius Institutes at the National University of Mongolia and the Mongolian State University of Education, as well as several Confucius classrooms and teaching centers, have become important platforms for Chinese language education and cultural exchange between China and Mongolia.
Khishig Chinese Language Comprehensive Secondary School in Ulan Bator has implemented Chinese language courses. Teacher Jiyaa said that students enjoy learning Chinese, singing Chinese songs, and following Chinese television dramas, resulting in remarkable improvements in their Chinese proficiency.
The "Chinese Bridge" contest, a Chinese proficiency competition for foreigners, has also sparked Mongolian students' enthusiasm for learning Chinese.
Middle school student Hulan from Tsaikhun Secondary School in Darkhan-Uul Province said, "'Chinese Bridge' is like a mirror, reflecting my progress in Chinese while revealing the many treasures hidden within the language."
Throughout the years, many students in Mongolia have shown a deep enthusiasm for the competition, viewing their preparation and participation as valuable opportunities to improve their language skills.
Cheng said that the "Chinese Bridge" is not just a competition; it serves as a gateway for Mongolian students to immerse themselves in the Chinese language, allowing them to experience the beauty of the language and the vast opportunities for cultural exchange between the two nations.

 

...


64x64

Mongolia Reaffirms Commitment to Democratic Governance and Inclusive Representation www.montsame.mn

Speakers of Parliament from 84 countries, 18 Deputy Speakers, and Members of the Inter-Parliamentary Union (IPU) are discussing how to promote responsibility in international relations, support democracy, steer parliamentary diplomacy toward peace and mutual understanding, amplify citizens' voices within the United Nations, and deliver tangible outcomes on international commitments.
Chairman of the State Great Khural of Mongolia Amarbayasgalan Dashzegve delivered remarks during the General Debate themed “A World in Crisis: Parliamentary Cooperation and Multilateralism for Peace and Justice for All.”
Chairman Amarbayasgalan emphasized the importance of equal participation by countries with diverse characteristics, cultures, traditions, customs, and values in shaping a new world order and building a truly multipolar global system.
Chairman of the State Great Khural of Mongolia further underlined that Mongolia adheres to an independent, open, peaceful, and multi-pillar foreign policy, and resolving any challenges through harmony and dialogue is essential to strengthening global peace and security. In this context, Chairman Amarbayasgalan presented Mongolia’s recent Constitutional Amendments aimed at reinforcing parliamentary governance and ensuring equitable participation of various social groups. These include increasing the number of Members of Parliament to 126 and introducing a mixed electoral system. As a result of these reforms, the number of female MPs has risen to 32 — an achievement aligned with the targets set by the Inter-Parliamentary Union.
Chairman Amarbayasgalan also noted that the State Great Khural of Mongolia, in approving its 2024–2028 Strategic Plan, introduced a human-centered “Three Pillars of Excellence” Initiative, reflecting its commitment to human rights and the rule of law, and expressed confidence that these efforts will further consolidate the foundations of a democratic society.
Chairman Amarbayasgalan Dashzegve concluded by reaffirming that Mongolia regards democratic and representative systems based on multilateral cooperation and public participation as essential to peace and stability. Mongolia will continue to fulfill its commitments to the international community and work steadfastly with the IPU and global parliaments to build a more peaceful future.

...


64x64

Mongolia 2024 parliamentary elections: ODIHR experts present final report and discuss electoral recommendations www.osce.org

Election experts from the OSCE Office for Democratic Institutions and Human Rights (ODIHR) presented the final report and recommendations of the observation mission for the Mongolia 2024 parliamentary elections during a visit to Ulaanbaatar on 16-18 June 2025.
“We highly value the discussions we had and our counterparts’ commitment to implement ODIHR’s recommendations,” said Kseniya Dashutsina, senior election adviser at ODIHR. “They can rely on ODIHR's support and expertise throughout this process.”
Representatives of the Ministry of Foreign Affairs, the General Election Commission, the Standing Committee on State Structure in Parliament, the Administrative Court of Appeals, the National Audit Office, the Communications Regulatory Agency, and various civil society organisations working in the election and media took part in the meetings.
ODIHR reiterated that the elections were well-run, but that some longstanding issues remained. For example, the campaigning rules and conditions favoured established parties through online restrictions, blurred lines between state and party, and reports of pressure on public employees, raising concerns about whether voters had a genuinely free choice. The legal framework is adequate for holding democratic elections, but still requires closer alignment with international standards. Election day was smooth and transparent, though procedures for manual verification of results require greater clarity and consistency.
Discussions focused on revising the legislation to bring the electoral process further in line with international standards, improve the conduct of manual re-counts, ensure third-party verification of the vote counting system, prevent misuse of public resources, strengthen sanctions for campaign finance violations and false information, and improve the effectiveness of the dispute resolution process.
ODIHR also assessed the country’s efforts to implement previous recommendations from observation missions carried out between 2016 and 2021. Out of 67 recommendations evaluated, eight were fully implemented, five mostly implemented, 17 partially implemented and 37 not implemented. Further details can be found in the ODIHR Electoral Recommendations Database. All OSCE participating States have committed to following up promptly on ODIHR's election assessments and recommendations.

 

...


64x64

Second-Stage Tender for Ulaanbaatar Metro Project to Be Announced in August www.montsame.mn

Budget officials and the consortium of the Ulaanbaatar Metro Project, led by the consultancy company “Dohwa Engineering,” conducted a site visit to the 28th khoroo of Bayanzurkh District.
The eastern depot of the Ulaanbaatar Metro project is planned for construction on a 26.6-hectare site within the 28th khoroo of Bayanzurkh district, centralizing operations such as technical servicing, diagnostics, repairs, and parking of the rolling stock. The second stage of the contractor selection process will be announced, followed by contract signing in October 2025 and the commencement of construction work in 2026. Within the framework of the project, a general environmental status assessment has been conducted, and the land certificate for the depot construction site has been issued.
Railway Engineer of the Ulaanbaatar Metro Project B. Amgalanbayar explained, “The Ulaanbaatar Metro will have a daily capacity of 17,200 persons and a total of 15 stations. As for the structure and design, it will span 14 underground stations, with the terminal station located above ground, adjacent to the maintenance depot. The metro is scheduled to run at intervals of 4.5 minutes.”
Mechanical Design Engineer at the consulting company “Dohwa Engineering” Kim Jin Nam elaborated, "The plan includes a total of 19 fully automated, driverless metro trainsets. The maintenance depot will comprise distinct sections for automated servicing, washing, control and monitoring, and rolling stock parking. The parking facilities will be built fully enclosed, specifically designed to withstand Mongolia’s harsh climate conditions. The metros will be centrally managed from the control center."
Routine maintenance is scheduled every two to five years, for which a centralized maintenance facility will be established. According to the operational plan, metro trainsets will travel along the designated route, execute a turnaround at the western terminal station in Tolgoit, proceed and arrive at the eastern depot for washing and maintenance, and enter the parking zone.
Based on current estimates, a total of thirteen 30-meter-long Tunnel Boring Machines (TBMs) will be used for the project to be commissioned by 2030. The TBM will operate at a depth of 25 meters underground, enabling tunnel excavation and installation of tunnel lining segments. Specialists highlighted that since tunnelling will be conducted in densely populated areas of the city, vibrations will be negligible at the surface level.

 

...


  • Terms of Reference
  • About
  • Contact Us

Managed by: B2BMongolia www.b2bmongolia.com

Events

News

Facebook