1 ZANDANSHATAR GOMBOJAV APPOINTED AS PRIME MINISTER OF MONGOLIA WWW.MONTSAME.MN PUBLISHED:2025/06/13      2 WHAT MONGOLIA’S NEW PRIME MINISTER MEANS FOR ITS DEMOCRACY WWW.TIME.COM PUBLISHED:2025/06/13      3 ULAANBAATAR DIALOGUE SHOWS MONGOLIA’S FOREIGN POLICY CONTINUITY AMID POLITICAL UNREST WWW.THEDIPLOMAT.COM PUBLISHED:2025/06/13      4 THE UNITED NATIONS CHILDREN’S FUND (UNICEF) IN MONGOLIA, THE NATIONAL FOUNDATION FOR SUPPORTING THE BILLION TREES MOVEMENT, AND CREDITECH STM NBFI LLC HAVE JOINTLY LAUNCHED THE “ONE CHILD – ONE TREE” INITIATIVE WWW.BILLIONTREE.MN PUBLISHED:2025/06/13      5 NEW MONGOLIAN PM TAKES OFFICE AFTER CORRUPTION PROTESTS WWW.AFP.MN PUBLISHED:2025/06/13      6 GOLD, MINED BY ARTISANAL AND SMALL-SCALE MINERS OF MONGOLIA TO BE SUPPLIED TO INTERNATIONAL JEWELRY COMPANIES WWW.MONTSAME.MN PUBLISHED:2025/06/13      7 AUSTRIA PUBLISHES SYNTHESIZED TEXTS OF TAX TREATIES WITH ICELAND, KAZAKHSTAN AND MONGOLIA AS IMPACTED BY BEPS MLI WWW.ORBITAX.COM  PUBLISHED:2025/06/13      8 THE UNITED STATES AND MONGOLIA OPEN THE CENTER OF EXCELLENCE FOR ENGLISH LANGUAGE TEACHING IN ULAANBAATAR WWW.MN.USEMBASSY.GOV  PUBLISHED:2025/06/12      9 MONGOLIA'S 'DRAGON PRINCE' DINOSAUR WAS FORERUNNER OF T. REX WWW.REUTERS.COM PUBLISHED:2025/06/12      10 MONGOLIA’S PIVOT TO CENTRAL ASIA AND THE CAUCASUS: STRATEGIC REALIGNMENTS AND REGIONAL IMPLICATIONS WWW.CACIANALYST.ORG  PUBLISHED:2025/06/12      БӨӨРӨЛЖҮҮТИЙН ЦАХИЛГААН СТАНЦЫН II БЛОКИЙГ 12 ДУГААР САРД АШИГЛАЛТАД ОРУУЛНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/15     ОРОН СУУЦНЫ ҮНЭ 14.3 ХУВИАР ӨСЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/15     МОНГОЛ УЛСЫН 34 ДЭХ ЕРӨНХИЙ САЙДААР Г.ЗАНДАНШАТАРЫГ ТОМИЛЛОО WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     SXCOAL: МОНГОЛЫН НҮҮРСНИЙ ЭКСПОРТ ЗАХ ЗЭЭЛИЙН ХҮНДРЭЛИЙН СҮҮДЭРТ ХУМИГДАЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ БАНК: ТЭТГЭВРИЙН ЗЭЭЛД ТАВИХ ӨР ОРЛОГЫН ХАРЬЦААГ 50:50 БОЛГОЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ ДАХЬ НҮБ-ЫН ХҮҮХДИЙН САН, ТЭРБУМ МОД ҮНДЭСНИЙ ХӨДӨЛГӨӨНИЙГ ДЭМЖИХ САН, КРЕДИТЕХ СТМ ББСБ ХХК “ХҮҮХЭД БҮРД – НЭГ МОД” САНААЧИЛГЫГ ХАМТРАН ХЭРЭГЖҮҮЛНЭ WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/06/13     ЕРӨНХИЙЛӨГЧИЙН ТАМГЫН ГАЗРЫН ДАРГААР А.ҮЙЛСТӨГӨЛДӨР АЖИЛЛАНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/13     34 ДЭХ ЕРӨНХИЙ САЙД Г.ЗАНДАНШАТАР ХЭРХЭН АЖИЛЛАНА ГЭЖ АМЛАВ? WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     “АНГЛИ ХЭЛНИЙ МЭРГЭШЛИЙН ТӨВ”-ИЙГ МУИС-Д НЭЭЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     Г.ЗАНДАНШАТАР БАЯЛГИЙН САНГИЙН БОДЛОГЫГ ҮРГЭЛЖЛҮҮЛНЭ ГЭЖ АМЛАЛАА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/12    

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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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As the world’s population hits 8 billion people, UN calls for solidarity in advancing sustainable development for all www.mongolia.unfpa.org

New York, 15 November 2022 – The global population is projected to reach 8 billion on 15 November 2022, signalling major improvements in public health that have lowered the risk of dying and increased life expectancy. But the moment is also a clarion call for humanity to look beyond the numbers and meet its shared responsibility to protect people and the planet, starting with the most vulnerable.
“Unless we bridge the yawning chasm between the global haves and have-nots, we are setting ourselves up for an 8-billion-strong world filled with tensions and mistrust, crisis and conflict,” said UN Secretary-General António Guterres.
A more demographically diverse world than ever before
While the world’s population will continue to grow to around 10.4 billion in the 2080s, the overall rate of growth is slowing down. The world is more demographically diverse than ever before, with countries facing starkly different population trends ranging from growth to decline. Today, two-thirds of the global population lives in a low fertility context, where the lifetime fertility is below 2.1 births per woman. At the same time, population growth has become increasingly concentrated among the world’s poorest countries, most of which are in sub-Saharan Africa.
Against this backdrop, the global community must ensure that all countries, regardless of whether their populations are growing or shrinking, are equipped to provide a good quality of life for their populations and can lift up and empower their most marginalised people.
“A world of 8 billion is a milestone for humanity – the result of longer lifespans, reductions in poverty, and declining maternal and childhood mortality. Yet, focusing on numbers alone distracts us from the real challenge we face: securing a world in which progress can be enjoyed equally and sustainably,” said UNFPA Executive Director Dr. Natalia Kanem. “We cannot rely on one-size-fits-all solutions in a world in which the median age is 41 in Europe compared to 17 in sub-Saharan Africa. To succeed, all population policies must have reproductive rights at their core, invest in people and planet, and be based on solid data.”
Complex linkages between population, sustainable development and climate change
While the Day of 8 Billion represents a success story for humanity, it also raises concerns about links between population growth, poverty, climate change and the achievement of the Sustainable Development Goals. The relationship between population growth and sustainable development is complex.
Rapid population growth makes eradicating poverty, combatting hunger and malnutrition, and increasing the coverage of health and education systems more difficult. Conversely, achieving the SDGs, especially those related to health, education and gender equality, will contribute to slowing global population growth.
Relatedly, although slower population growth–if maintained over several decades–could help to mitigate environmental degradation, conflating population growth with a rise in greenhouse gas emissions ignores that countries with the highest consumption and emissions rates are those where population growth is already slow or even negative. Meanwhile, the majority of the world’s population growth is concentrated among the poorest countries, which have significantly lower emissions rates but are likely to suffer disproportionately from the effects of climate change.
“We must accelerate our efforts to meet the objectives of the Paris Agreement as well as achieve the SDGs,” said Li Junhua, UN Under-Secretary-General for Economic and Social Affairs. “We need a rapid decoupling of economic activity from the current over-reliance on fossil-fuel energy, as well as greater efficiency in the use of those resources, and we need to make this a just and inclusive transition that supports those left furthest behind.”
The need for a sustainable future built on rights and choices
In order to usher in a world in which all 8 billion people can thrive, we must look to proven and effective solutions to mitigate our world’s challenges and achieve the SDGs, while prioritising human rights. In order to pursue these solutions, increased investment from member states and donor governments is needed in policies and programmes that work to make the world safer, more sustainable and more inclusive.
Key facts and figures at a glance
It took about 12 years for the world population to grow from 7 to 8 billion, but the next billion is expected to take approx 14.5 years (2037), reflecting the slowdown in global growth. World population is projected to reach a peak of around 10.4 billion people during the 2080s and to remain at that level until 2100.
For the increase from 7 to 8 billion, around 70 per cent of the added population was in low-income and lower-middle-income countries. For the increase from 8 to 9 billion, these two groups of countries are expected to account for more than 90 per cent of global growth.
Between now and 2050, the global increase in the population under age 65 will occur entirely in low income and lower-middle-income countries, since population growth in high-income and upper-middle income countries will occur only among those aged 65 years or over.
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Mongolia provides about 6,500 housing mortgages www.xinhuanet.com

Mongolia has provided housing mortgages to 6,469 borrowers since the beginning of this year, the country's Ministry of Construction and Urban Development said on Monday.
Over 80 percent of the housing mortgages were provided to residents in the capital city of Ulan Bator, which is home to over half of the country's 3.4 million population, the ministry said in a statement.
The Mongolian government started implementing a mortgage loan program in 2013 to increase the affordability and accessibility of apartments for urban residents, particularly young families and those living in ger districts.
Since then, a total of 109,800 borrowers have benefited from the housing program, according to the ministry.
Housing is one of the most pressing issues in Mongolia, especially in Ulan Bator. More than half of the capital's population live in the city's ger districts, with no running water, central heating or sewerage systems.
 
 
 
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No new Covid related deaths were recorded since March, 2022 www.news.mn

Mongolia’s ministry of health reported 163 new COVID-19 infections on Tuesday, taking the national tally to 988,054.
No new related deaths were recorded since March, 2022, leaving the death toll unchanged at 2,179.
Last week, Mongolia reported the first case of new COVID-19 variant BF7-1, that has enhanced immunity evasion ability in comparison to its parental strain.
Mongolia is among countries that have highest vaccination rate against covid-19.
With high vaccination coverage and declining daily infections, life in Mongolia has essentially returned to normal. The country has resumed in-person classes for all educational institutions and fully opened its borders to foreign tourists in March, 2022.
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Supporting cheap passenger and cargo transportation in various routes www.montsame.mn

Minister of Road and Transport Development S. Byambatsogt emphasized that the Ministry will support both public and private air carriers of Mongolia equally to improve their international competitiveness and issued the following degree to stimulate cheap passenger and cargo transportation in various routes.
In particular, according to the degree of the Minister of Road and Transport Development, “MIAT Mongolian Airlines” SOE was granted the right to operate scheduled flights to Novosibirsk, “Mongolian Airways Cargo” LLC was granted the right to conduct scheduled flights to Moscow, Yekaterinburg, Singapore, Urumqi, and Shanghai, and “Eznis Airways” LLC was appointed as an air carrier to operate cargo flights to Chengdu, Sanya, Seoul, Hong Kong, Istanbul, London, and Moscow respectively.
According to the Civil Aviation Authority of Mongolia, “Mongolian Airways Cargo” LLC was assigned to the Berlin route. The company plans to start its Berlin-Moscow passenger flights in January 2023.
“Eznis Airways” LLC has imported “A330-200” aircraft for cargo transportation, while “Mongolian Airways Cargo” LLC is preparing to purchase “A330-243” aircraft for passenger transportation.
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Fintech lending debt-to-income ratio regulated to be 70 percent www.montsame.mn

Technology-based loaning or Fintech lending rose 40 percent, and fintech borrowers accounted for 88.8 percent of the 1.6 million Non-bank Financial Intuitions (NBFI) borrowers.
Specifically, the total assets of NBFI reached MNT 3.4 trillion, and the number of customers doubled to 4.9 million. 92.2 percent of them are fintech loan customers.
According to the Financial Regulatory Commission, 522 Non-bank Financial Intuitions operate nationwide.
Demand for NBFI loans has increased intensely since last August. Based on all the previously mentioned issues, the FRC discussed the debt-to-income ratio for fintech loan products provided by NBFI and limited the amount of monthly interest and principal payments to no more than 70 percent (compared to monthly after-tax income). However, this is more of a regulation than a restriction, noted B. Itgelsuren, the head of the Department of Non-banking Financial Services of the FRC.
MNT 237.5 thousand be allotted per Fintech borrower.
The above decision will be implemented from the first day of next year and applied to 36 NBFIs. In particular, the above number of NBFIs are engaged in fintech lending services.
Fintech lending has the advantage of providing low-value consumer loans to citizens regardless of location, but it is emphasized that if this type of the loan becomes widespread, there is a risk of putting people under a debt burden.
Therefore, to prevent this, the SRC has decided to regulate the granting of loans by considering the borrower's debt-to-income ratio not exceeding 70 percent in the lending activities of 36 NBFIs.
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Russia to increase electricity supplies to Mongolia www.tass.com

The Energy Ministers of Russia and Mongolia Nikolai Shulginov and Battogtoh Choizhilsuren discussed the possibility of increasing electricity supplies to Mongolia in winter. This is stated in the message of the Ministry of Energy of the Russian Federation.
"The ministers discussed the possibility of increasing the volume of electricity supplies from Russia to Mongolia in winter, as well as the need to coordinate work on repair programs for the stability of these supplies," the ministry said.
At the same time, the parties considered the possibility of further cooperation in the field of electric power, in particular, related to the modernization of the CHP-3 in Ulaanbaatar.
"To date, a feasibility study for the modernization of the station has been agreed, as well as a number of fundamentally important sequential steps for the transition to the practical implementation of the project. We expect that the intergovernmental agreement on the reconstruction of the CHP-3 and the contract for the basic design will be signed in the near future," the Russian minister said.
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Thailand flex experience, shoot down Mongolia to remain perfect www.fiba.basketball

Experience came into play as Thailand showed nerves of steel down the stretch to frustrate Mongolia, 109-105, to conclude the FIBA Asia Cup 2025 Pre-Qualifiers unbeaten, Monday night at the UG Arena.
Freddie Lish starred in the clutch, scoring 9 of their last 18 points -- all of which he made from beyond the arc -- to help restore order as his side fell behind by a solitary point after building an 86-76 lead with 6:41 remaining in the game.
The veteran guard finished with 30 points on 8 3-pointers, on top of 5 rebounds and 5 assists as the Thais finished as Group D's best team with a 4-0 record.
But it definitely wasn't just Lish alone who delivered the come-from-behind victory for the Southeast Asian crew.
Moses Morgan was important as well with his 26 points, 4 boards, and 4 dimes, while Nakorn Jaisanuk fired 7 triples en route to 23 markers off the bench.
Morgan played a role in the Thais' third-quarter uprising, leading a 12-0 rally to take a 73-68 edge late in the said frame. He would go on to make his presence felt later once more by pushing their lead to 10 during the final period.
Jaisanuk, for his part, helped keep the home team at bay with his timely hits, none bigger than his wide-open corner trey off a Lish kick-out to cap off an 11-2 spurt for a 105-96 advantage with only 34 seconds left to play.
Significant contributions were also made by Teerawat Chanthachon and Nattakam Muangboon with 10 points apiece for Thailand, who once again found the mark from beyond the arc by drilling a total of 19 triples.
Coach Edu Torres' charges put to waste the noteworthy performance of Bilguun Battuvshin, who led Mongolia with 31 points, including 15 in the first quarter that saw the hosts construct a 31-20 lead. He also had 9 rebounds.
Sanchir Tungalag finished with 23 points, Anand Ariunbold produced 20 points, Enkhbaatar Onolbaatar added 11 markers for the Mongolians, who suffered their first loss after a blazing 3-0 start to the Pre-Qualifiers.
Both Thailand and Mongolia are part of the 12 teams that made it to the second round of the Pre-Qualifiers set to be played in February.
FIBA
 
 
 
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Mongolia launches an online platform for tourists www.news.mn

The Mongolian government declared 2023 and 2024 the Years of Visiting Mongolia to promote the country’s pandemic-hit tourism sector.
Meanwhile, the government launched an online platform for promoting Mongolia internationally. The website www.mongoliatravel.guide and the application “Visit Mongolia” were launched in test mode.
The www.mongoliatravel.guide website and “Visit Mongolia” travel app will provide information about the history, culture, art, customs, food and nature of Mongolia in Mongolian, English, Russian, Chinese, Japanese, Spanish and Korean languages, schedule of tourist activities and other information.
In addition, every foreign tourist who has obtained an e-visa to come to Mongolia will soon receive a greeting letter from the prime minister of Mongolia titled “Welcome to Mongolia.
Mongolia has set a goal of welcoming 1 million foreign tourists and earning 1 billion U.S. dollars from tourism in 2024.
The country attracted a total of 42,060 foreign tourists in the first five months of this year, up 391.7 percent from the same period last year, as a result of re-opening its borders to foreign tourists in February.
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Inflation in Mongolia to reach 8% in 2023 www.akipress.com

The Mongolian budget for 2023 was finally approved by the parliament on November 11.
The government spent 18 trillion tugriks (more than $5.28 billion) in 2022, while state budget expenditures for 2023 were approved at 21 trillion tugriks (more than $6.16 billion).
"The Parliament approved the Mongolian budget for 2023. If the state budget of 2022 is aimed at overcoming the pandemic, then 2023 will be the year of economic stabilization. The economic growth will reach 5%, and inflation will drop to single digits," Prime Minister Oyun-Erdene Luvsannamsrai said on his Twitter page.
The inflation is expected to reach the medium-term target of 8%.
 
 
 
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Dayton’s Mike Sharavjamts is a freshman making history for Mongolia www.sbnation.com

You wouldn’t know the eyes of an entire nation were on Mike Sharavjamts. The 6’8” true freshman for the Dayton Flyers caught a pass right in front of Lindenwood’s bench mere seconds into the Flyers debut game of the 2022-23 season, raised up, and hit nylon.
Sharavjamts, ranked as this year’s No. 91 overall recruit per 24/7 Sports, finished with a totally respectable 10 points, five assists, and three rebounds in his first college game. For his thousands of fans across the world, the confident debut was cause to celebrate. Sharavjamts is the first Mongolian athlete to earn a Division 1 scholarship, and he’s just the second true freshman to start for Dayton in a decade.
In attendance was Mike’s father Sharavjamts Tserenjankhar, better known as Shark. Shark was a star in local leagues in Ulan Bator at 7-feet tall until he was discovered by former LSU coach Dale Brown (who also discovered a 12-year-old Shaquille O’Neal at a German military base). Brown thought Tserenjankhar could be one of the best players in college basketball, until he found out he was 27. Instead, Tserenjankhar signed a contract with the Harlem Globetrotters and became the first professional basketball player from Mongolia.
Basketball has slowly been growing in popularity in Mongolia in the decades since. A recent estimate claims that 20,000 kids are playing organized basketball in the capital now. Three-on-three is the preferred format; the Mongolian men’s team has finished in the top 10 in two of the last three FIBA 3x3 World Cups, and the women’s team qualified for the 2020 Summer Olympics.
All that buzz means that Mike Sharavjamts has more fans than your average mid-major freshman. There’s the Dayton Flyers Mongolian Fans Facebook page with 15,000 followers. A major Mongolian news network flew a film crew to Ohio to make a documentary about him, the trailer got 250,000 views.
The attention seems well warranted. Through exhibitions and his first real game Sharavjamts has shown deft handles and a solid outside shot for someone his size. But his most impressive trait has been his passing ability and playmaking. On several occasions in the season opener, Sharavjamts brought the ball up the court and created offense himself, either by driving to the rim, kicking out to a shooter beyond the arc, or posting up and forcing defensive help.
The Flyers just barely missed the NCAA Tournament last season, and are entering the 2022-23 campaign ranked, with aspirations of a deep run for the first time in 9 years. With a potential young star on hand, they might just make that leap.
 
 
 
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