1 PRIME MINISTER OYUN-ERDENE VISITS EGIIN GOL HYDROPOWER PLANT PROJECT SITE WWW.MONTSAME.MN PUBLISHED:2025/04/30      2 ‘I FELT CAUGHT BETWEEN CULTURES’: MONGOLIAN MUSICIAN ENJI ON HER BEGUILING, BORDER-CROSSING MUSIC WWW.THEGUARDIAN.COM PUBLISHED:2025/04/30      3 POWER OF SIBERIA 2: ECONOMIC OPPORTUNITY OR GEOPOLITICAL RISK FOR MONGOLIA? WWW.THEDIPLOMAT.COM PUBLISHED:2025/04/29      4 UNITED AIRLINES TO LAUNCH FLIGHTS TO MONGOLIA IN MAY WWW.MONTSAME.MN PUBLISHED:2025/04/29      5 SIGNATURE OF OIL SALES AGREEMENT FOR BLOCK XX PRODUCTION WWW.RESEARCH-TREE.COM  PUBLISHED:2025/04/29      6 MONGOLIA ISSUES E-VISAS TO 11,575 FOREIGNERS IN Q1 WWW.XINHUANET.COM PUBLISHED:2025/04/29      7 KOREA AN IDEAL PARTNER TO HELP MONGOLIA GROW, SEOUL'S ENVOY SAYS WWW.KOREAJOONGANGDAILY.JOINS.COM  PUBLISHED:2025/04/29      8 MONGOLIA TO HOST THE 30TH ANNUAL GENERAL MEETING OF ASIA SECURITIES FORUM WWW.MONTSAME.MN PUBLISHED:2025/04/29      9 BAGAKHANGAI-KHUSHIG VALLEY RAILWAY PROJECT LAUNCHES WWW.UBPOST.MN PUBLISHED:2025/04/29      10 THE MONGOLIAN BUSINESS ENVIRONMENT AND FDI: CHALLENGES AND OPPORTUNITY WWW.MELVILLEDALAI.COM  PUBLISHED:2025/04/28      849 ТЭРБУМЫН ӨРТӨГТЭЙ "ГАШУУНСУХАЙТ-ГАНЦМОД" БООМТЫН ТЭЗҮ-Д ТУРШЛАГАГҮЙ, МОНГОЛ 2 КОМПАНИ ҮНИЙН САНАЛ ИРҮҮЛЭВ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/30     ХУУЛЬ БУСААР АШИГЛАЖ БАЙСАН "БОГД УУЛ" СУВИЛЛЫГ НИЙСЛЭЛ ӨМЧЛӨЛДӨӨ БУЦААВ WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/30     МЕТРО БАРИХ ТӨСЛИЙГ ГҮЙЦЭТГЭХЭЭР САНАЛАА ӨГСӨН МОНГОЛЫН ГУРВАН КОМПАНИ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/30     "UPC RENEWABLES" КОМПАНИТАЙ ХАМТРАН 2400 МВТ-ЫН ХҮЧИН ЧАДАЛТАЙ САЛХИН ЦАХИЛГААН СТАНЦ БАРИХААР БОЛОВ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/30     ОРОСЫН МОНГОЛ УЛС ДАХЬ ТОМООХОН ТӨСЛҮҮД ДЭЭР “ГАР БАРИХ” СОНИРХОЛ БА АМБИЦ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/30     МОНГОЛ, АНУ-ЫН ХООРОНД ТАВДУГААР САРЫН 1-НЭЭС НИСЛЭГ ҮЙЛДЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     ЕРӨНХИЙ САЙД Л.ОЮУН-ЭРДЭНЭ ЭГИЙН ГОЛЫН УЦС-ЫН ТӨСЛИЙН ТАЛБАЙД АЖИЛЛАЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     Ц.ТОД-ЭРДЭНЭ: БИЧИГТ БООМТЫН ЕРӨНХИЙ ТӨЛӨВЛӨГӨӨ БАТЛАГДВАЛ БУСАД БҮТЭЭН БАЙГУУЛАЛТЫН АЖЛУУД ЭХЛЭХ БОЛОМЖ БҮРДЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     MCS-ИЙН ХОЁР ДАХЬ “УХАА ХУДАГ”: БНХАУ, АВСТРАЛИТАЙ ХАМТРАН ЭЗЭМШДЭГ БАРУУН НАРАНГИЙН ХАЙГУУЛЫГ УЛСЫН ТӨСВӨӨР ХИЙЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/29     АМ.ДОЛЛАРЫН ХАНШ ТОГТВОРЖИЖ 3595 ТӨГРӨГ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/29    

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

Rio Tinto venture makes strategic investment in Regulus Resources www.mining.com

Nuton, a Rio Tinto (ASX: RIO; LSE: RIO; NASDAQ: RIO) venture that has developed innovative copper sulphide leach technologies, is taking a 16.5% stake in Regulus Resources (TSXV: REG) for $15 million.
Nuton’s technologies have the potential to process arsenic-bearing copper sulphides with a lower carbon footprint and less impact on water resources than traditional concentrator processing, and the company will test its process on samples from Regulus’ AntaKori copper project in northern Peru.
“Through Nuton, Rio Tinto has developed sulphide leaching processing technologies that could allow for the processing of high arsenic ores without the need for additional on-site treatment or paying heavy penalties to a smelter,” Regulus CEO John Black stated in a press release announcing the private placement, adding that the investment by one of the largest miners in the world “is another strong endorsement for the AntaKori project.”
Under the private placement, Nuton will acquire 20.06 million common shares of Regulus at a price of C$1.02 per share. Nuton will be allowed to nominate a director to the Regulus board and the two companies will form a joint venture advisory committee to share expertise, exploration concepts and development opportunities at the project.
AntaKori, 600 km north of Lima and 60 km northwest of the city of Cajamarca, is 7 km northwest of Gold Fields’ (NYSE: GFI) Cerro Corona porphyry copper-gold mine and 45 km northwest of the Yanacocha gold mine owned by a Newmont Mining (TSX: NGT; NYSE: NEM) and Buenaventura Mining (NYSE: BVN) joint venture. Regulus notes that concentrate exports could move through the port facility of Eten, 230 km to the west.
The Rio Tinto investment follows a $5 million investment by Osisko Gold Royalties (TSX: OR) in mid-October in exchange for a net smelter return royalty ranging from 0.125% to 1.5% on certain claims of the AntaKori project. The deal also gives Osisko a right, currently held by Regulus, to buy-back a 1% NSR from a third party on certain claims at the project. The investment was Osisko’s second in AntaKori. It first struck a strategic partnership with Regulus in October 2020.
AntaKori currently has indicated resources of 250 million tonnes grading 0.48% copper, 0.29 gram gold per tonne and 7.5 grams silver per tonne, and inferred resources of 267 million tonnes grading 0.41% copper, 0.26 gram gold and 7.8 grams silver. Mineralization remains open in all directions, Regulus says.
...


64x64

Mongolian artists build an ice hotel in Sweden www.news.mn

An ice hotel, built by Mongolian artists in Sweden has become a new tourist attraction. Ice carvers Ts.Monkh-Erdene and E.Uugantsetseg has built the ice hotel in 17 days. Rooms temperature of the hotel is minus 5 degrees Celsius and already begun receiving customers.
Ts.Monkh-Erdene makes carvings on snow and ice in winter. He usually makes craving arts on wood and sand.
E.Uugantsetseg graduated from the Institute of Fine Arts in 2004.
The married couple have been participating in major competitions together in recent years.
They also took second place at the third annual international ice carving competition held on Olkhon Island in Lake Baikal in February 2022.
...


64x64

From Steppe to Global Demand: Mongolia's Halal Meat Export Industry Takes Off www.mongoliaweekly.org

Halal meat is a lucrative and rapidly expanding market. Mongolia's vast livestock population and commitment to halal slaughtering norms make it a promising player in the global halal meat market.
Mongolia has exported 500 tons of meat and by-products to Uzbekistan in the first 10 months of 2022.
During a virtual meeting with the Minister of Agriculture of Uzbekistan, the Minister of Food, Agriculture and Light Industry of Mongolia expressed that there is a good opportunity for Mongolia to increase exports to Uzbekistan in the future.
In December 2022, Uzbekistan gave permission for nine Mongolian enterprises to import meat and meat products, which has increased the number of enterprises that can export to the country to 26.
In 2019, the two countries agreed to work on joint projects and programs to further expand cooperation in animal husbandry and veterinary care, and they mutually agreed on veterinary certificates. This opened the possibility of exporting meat and meat products to Uzbekistan.
During the bilateral meeting, the two countries discussed the development of cooperation in the livestock sector and collaboration on a project to build a quarantine zone with a veterinary regimen implemented by the government.
The representatives of Uzbekistan also expressed a willingness to expand imports by establishing a joint farm in Mongolia. The parties agreed that it would be effective to cooperate in the "quarantine zone with a veterinary regimen" of the three western provinces of Mongolia.
Mongolian enterprises have been introducing Halal Slaughtering Norms in recent years, which creates an opportunity to supply Halal meats and meat to countries such as Uzbekistan, Kazakhstan, Iran, and Azerbaijan.
During the SCO summit in Samarkand, Uzbekistan in September 2022, the Presidents of the two countries met and agreed to establish an intergovernmental commission between Mongolia and Uzbekistan.
The first meeting of the intergovernmental commission is planned to be held in Uzbekistan in the first quarter of 2023 and will be chaired by the Ministers of Agriculture of the two countries.
The meat industry, particularly exports, is one of the most promising avenues for Mongolia to diversify its economy away from overreliance on extractive industries such as mining.
Mongolia now exports relatively small number compared to the national livestock herd of over 90 million animals.
Mongolia’s large ratio of livestock to its human population of about 3.4 million means the country has a lot of room to grow its meat exports.
...


64x64

For over a century the people of Keighley and Ilkley have looked to the Labour Party to bring about social progress and economic change. www.mongolianbusinessdatabase.com

FORMER Keighley and Ilkley Labour MP John Grogan (Chairman of Mongolian British Chamber of Commerce) has been chosen by the party to contest the seat again at the next general election. Please see his message as following and on the FB link https://fb.watch/hw1VJSdQYT/
Hastings Lee Smith was elected as Keighley's first ever Labour Member of Parliament 100 years ago . Moreover , when he lost the seat at a subsequent General Election he went on to win it back .
Now Labour is committed to:
- An Annual £28 billion green investment fund;
- £6 billion a year insulating homes
- Employment rights for all workers from Day 1
- The development of a National Care Service
- Ending the charitable status of private schools and using the money saved to ensure every child has an up-to-date computer
Creating a National Energy Company
I would also like us to
- End the dumping of sewage and stop new incineration projects.
- Give real power and money to Yorkshire so we can make our own decisions on transport and investment
- Introduce Electoral reform
- Build back a better relationship with our trading partners in Europe
- Tax income gained from wealth like income gained from employment to give more money for schools and hospitals
We need the basics
- Food on every family's table in a warm room
- A doctor and a dentist when you need one
- Clean Air and Clean Rivers
- Decent housing and Decent jobs
- A chance for all talent from whatever background to shine
It's time to unite not divide
It's time for ordinary people: Nobody left behind, nobody held back.
...


64x64

Thousands protest inflation, corruption in Mongolia www.themilitant.com

For more than a week thousands of demonstrators, most of them young, have braved subzero temperatures to protest corruption in Ulaanbaatar, the capital of Mongolia. The demonstrations began Dec. 4 as prices for necessities have soared. This included a 40% jump in the price of coal used for heating, and after media reports said 385,000 tons of state-owned coal, worth an estimated $120 million, was unaccounted for between 2013 and 2019. The discrepancy was uncovered when Mongolian export data was compared with import data provided by China.
The protesters clashed with police Dec. 5 in front of the Government Palace at Genghis Khan Square where large crowds demanded officials come out and face the people.
“They seem to forget what they promised us,” a student who gave her name as Bayarmaa told the press, referring to government pledges after protests last April. “But they aren’t doing anything, taking our money, filling their own bellies.”
Two herders told the press they had traveled to the capital to join the protests. “Doing nothing is not right. I think it is right that young people are angry,” said Enkh Amidral, a father of three, who wants the government to “punish the thieves.” Some 60% of Mongolians — including thousands of herders — live in traditional tents, heated by coal-powered stoves.
“Come out, come out!” people shouted at the government building. “If the citizens rise up,” one sign said, “the feast is over!”
Demonstrators say they are determined to stay in the streets even after Erdenes Tavan Tolgoi, one of the country’s largest state-owned coal-mining firms, was put under government supervision and a handful of officials arrested. On Dec. 13 the government said it planned to list the mine for public sale, claiming this will drive out graft.
“We want the big fish,” Bayaraa Damiran said at one rally. “They arrested seven or eight officials who were on the bottom. We want to know the big fish at the top.”
For many the theft was the final straw. The country’s economy has been battered by rising fuel costs following Moscow’s invasion of Ukraine and the disruption of trade with China whose government closed its borders during the pandemic. These developments exacerbated the crippling inflation.
How could government officials “just be so calm when the citizens are buying bread by (the) slice, not by the loaf?” one protester told TenGer TV.
Wedged between Russia and China, Mongolia depended heavily on the Soviet Union until its collapse in 1991. Russia is still the sole source of electricity to Mongolia’s western region and the country gets 60% of its gasoline, liquid petroleum and diesel from Russia. So far the government has refused to take a definitive position on Moscow’s invasion of Ukraine, an issue that became more pressing as thousands of Russian men migrated there in October to avoid conscription.
Beijing, meanwhile, dominates Mongolia’s trade, with 86% of its exports going to China. Coal, which generates half of Mongolia’s export revenue, sells at about $70 per ton in Mongolia but brings $140 per ton in China. Capitalist social relations, unequal trade terms and lack of direct access to the sea, along with widespread corruption, mean one-third of the 3.5 million Mongolians live in poverty despite the country’s vast mineral wealth and coal deposits.
BY Vivian Sahner
...


64x64

Four Mongolian Articles Published in International Scientific Journal www.montsame.mn

This year, four articles from our country were published in the prestigious international scientific journal registered in the World Science Database. The National University of Mongolia (NUM) has presented scientific works and articles of Mongolian scientists published in internationally recognized professional journals with SSCI, SCI, and AHCI indexes and were registered in the “Web of Science” database.
One of the four articles was published independently, and three others from our country were co-authored. The articles are research papers on air and soil pollution and global climate change. The Acting Director of the NUM, Professor D. Badarch, pointed out that the magazines are leading in their respective fields, fully open and costly, high in demand, and most are both printed and digital.
He said, “The fact that the research works of our scientists and teachers are being published internationally is a significant sign that the world is beginning to esteem us with more interest, and experts are dignifying them too.”
About 660 scientists and teachers work at NUM. Scientific and research work, 130 of which have been published in influential international scientific journals. Most articles were published in the environment, ecology, mathematics, engineering, chemistry, botany, geology, computer science, and biodiversity preservation.
The head of the Department of Environmental and Forest Engineering of NUM, N. Sonomdagva, explains this success because the school has included in its internal rules that teachers publish their works internationally. Secondly, the school management encourages the work of teachers.
...


64x64

ADB Grant to Build Renewable Energy Heating Systems in Mongolia www.adb.org

The Asian Development Bank (ADB) and the Government of Mongolia signed a $2 million grant to increase efficient and renewable energy heating systems in remote areas in Mongolia.
ADB will administer the $2 million grant financing from the Japan Fund for Prosperous and Resilient Asia and the Pacific (JFPR), which has supported projects in Mongolia in poverty alleviation, livelihood improvement, and environment safeguards over the past 20 years. JFPR is funded by the Government of Japan.
“Adequate heat supply is vital in Mongolia, which can experience extreme low temperatures of -40 degrees Celsius or below,” said ADB Principal Energy Specialist for East Asia Shannon Cowlin. “The project will not only improve air quality with significant impact to public health. It will also demonstrate the viability of renewable heating systems in Mongolia’s rural areas and build capacity among leaders and the community to reduce coal usage."
Mongolia has taken steps to increase the share of renewable energy in its power supply. However, the majority of Mongolians still use coal as their main heat source, either through coal-fired plants, boilers, or household stoves. These methods have led to high levels of unhealthy air pollutants and greenhouse gas emissions.
The $2 million grant will support the design, procurement, and installation of more sustainable heating systems in the country. The project will focus on hospitals and health care centers in soum centers—Mongolian pasturelands—as they are critical for the community and have continuous heating and hot water requirements. The buildings will also be retrofitted with energy efficiency measures to reduce heating demand.
The project aims to spread awareness on the value of efficiency measures and cleaner heating systems, as well as ways to install and maintain them, among government officials and heating technicians. The project will also train community members—in particular, women—on measures that can be adopted in residences to reduce residential coal use and associated emissions.
The project will be completed by 2025.
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.
 
 
 
...


64x64

Number of Enterprises Exporting Meat to Uzbekistan Increased www.montsame.mn

In the first 10 months of this year, Mongolia has exported 500 tons of meat and by-products to Uzbekistan. During his virtual meeting with the Minister of Agriculture of Uzbekistan Voitov Aziz Botirovich, the Minister of Food, Agriculture and Light Industry of Mongolia Kh. Bolorchuluun expressed that Mongolia has a breadth of opportunity to increase exports to Uzbekistan in the future.
In December 2022, Uzbekistan granted permission to import meat and meat products to Mongolian nine enterprises. As a result, the number of enterprises that can export to the country has increased to 26.
In 2019, the sides agreed to implement joint projects and programs on the further expansion of cooperation in animal husbandry and veterinary, and relevant veterinary certificates were mutually agreed upon. This opened the possibility of exporting meat and meat products to Uzbekistan.
During the bilateral meeting, the two countries exchanged viewson the development of cooperation in the livestock sector and collaboration within the framework of the project to construct a quarantine zone with a veterinary regimen implemented by the government. In this regard, the representatives of Uzbekistan also demonstrated a willingness to expand imports by establishing a joint farm in Mongolia. For this, the parties reached a consensus that it is effective to cooperate in the " quarantine zone with a veterinary regimen" of the three western provinces of Mongolia.
Enterprises in Mongolia have been introducing the standard Halal Slaughtering Norms in recent years. This creates an opportunity to supply Halal meats and meat to countries such as Uzbekistan, Kazakhstan, Iran, and Azerbaijan.
During the 2022 SCO summit held in Samarkand, Uzbekistan in September, the Presidents of the two countries met and agreed to establish an intergovernmental commission of Mongolia and Uzbekistan. Accordingly, the first meeting of the intergovernmental commission is planned to be held in Uzbekistan within the first quarter of 2023, chaired by the Ministers of Agriculture of the two countries.
...


64x64

“This is Mongol” by The HU Selected as One of the 10 Best MVs of 2022 www.montsame.mn

The world-famous "Metal Hammer" magazine selected the "This is Mongol" music video by The Hu as one of the 10 best music videos of 2022.
Moreover, the music video was ranked 19th in the “Top 40 Best Songs of 2022” released by the online music magazine "Music.mxdwn.com".
Previously in November, The Hu was named UNESCO Artist for Peace, becoming the second group/individual from Asia and the first heavy metal band in the world to have such an honor
The Hu has headed to Europe for their final tour of the year. Their European tour started on October 26 and will continue until the end of this year. The band will participate in one of the world’s most famous rock festivals – "Hellfest", which will be held on June 15-18, 2023.
...


64x64

Mongolia Can Create Dynamic and Inclusive Labor Market, with Better Jobs for More Citizens www.montsame.mn

Mongolia’s labor market has expanded significantly during the last two decades, with employment rising by 50 percent. Its labor force has also become increasingly educated: the share of the population aged 25 and over with a college degree now resembles that of high-income countries. Fewer people now work in agriculture, and more and more people are working in the service sector, a sign of development. These changes would suggest that Mongolia has a vibrant and diverse labor market with an abundant supply of good jobs.
However, some indicators show otherwise. Most of the jobs created in recent years were in low-wage sectors. The economy, including exports, has increasingly become dependent on mining, a sector that is not very labor-intensive and employs very few people. Labor force participation has also been declining over the past decade, especially among women, and unemployment is high, particularly among young people. Added to this is the fact that by 2030, 14 percent of the population is expected to be over the age of 65, raising concerns about the sustainability of pension systems and healthcare expenditures.
How can Mongolia create a labor market that is more dynamic and inclusive and that better serves the needs of its economy and society? In the past week, I have had the privilege of visiting Mongolia and discussing such issues with key stakeholders in the country. These questions are also the focus of the recent World Bank Mongolia Jobs Diagnostic, which identifies two main challenges for the country: first, to create more and better jobs that are also more diversified across sectors than in the recent past; and, second, to develop a more inclusive labor market, where more women are encouraged to participate, and that brings more young people and urban residents into the workforce.
To address these challenges, several key constraints will need to be tackled.
First, labor demand will need to be more dynamic. This will require strengthened macroeconomic and fiscal management to encourage the flow of sustained investments needed for job creation. The business environment will need to be made more conducive to a dynamic and innovative private sector that will demand high-quality labor. Among the ways to do this are ensuring greater stability in the policy and regulatory environment, establishing an effective public-private dialogue to identify critical regulatory constraints, and promoting a fair, competitive business environment that encourages the growth of innovative, productive firms. It will also be important to diversify exports beyond the resource sector and promote job creation in new economic sectors with lower volatility.
Second, the skills of the country’s workforce will also need to be upgraded. This will involve enhancing the quality and relevance of the current skills development system. Even though Mongolia is a highly educated country, recent graduates have difficulty finding jobs, in part because they don’t have the skills that are being demanded in the labor market. This includes soft skills, such as teamwork and communication skills, but there are also mismatches concerning the field of study. Another way to upgrade the workforce is to remove employment barriers faced by social assistance beneficiaries, as well as by women. This can be done via effective active labor market programs, but also by providing work incentives, as well as access to childcare and other social services.
Finally, improvements will be needed in the way the labor market functions using a comprehensive labor market information system. Such a system would allow employers, job seekers, students, and policymakers to access timely and accurate information on labor market conditions, the workforce, and the demand for labor and skills. Such information would allow for more informed choices by employers and job seekers alike, leading to a more efficient labor market in which people acquire the skills that are most in demand and where employers can tap into a workforce that is more suitable to their needs.
The recently launched eJOB platform, developed with support from the World Bank, allows employers to post job listings and jobseekers to search for and apply for jobs. This is one important step in the right direction, but making sure all private and public stakeholders are benefiting from the quality information provided by the system will require continuous effort in the long run.
Finally, labor market regulations should be more rigorously enforced; the duration and level of benefits of unemployment insurance should be reviewed to increase generosity, based on rigorous actuarial assessment.
In sum, making Mongolia’s labor market more vibrant and inclusive will require a “whole of government” approach, with several economic and social agencies playing an important role in tackling demand and supply-side constraints in close cooperation with the private sector. As more and better jobs are created and the labor market becomes more inclusive for certain groups such as women and youth, Mongolia can be expected to enjoy more favorable economic prospects while at the same time allowing more individuals and families to increase their well-being.
Mara Warwick, World Bank Country Director for China and Mongolia, and Director for Korea.
 
 
 
...


  • Terms of Reference
  • About
  • Contact Us

Managed by: B2BMongolia www.b2bmongolia.com

Events

News

Facebook