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    

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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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Russia & China start production of jointly designed passenger aircraft www.rt.com

Production of the first jetliner designed by Russian and Chinese engineers has reportedly been launched in China. The wide-body airliner, the C929, is expected to rival Boeing’s 787 Dreamliner.
The news was first reported by Jiefang Daily, the official paper of the Shanghai Committee of the Chinese Communist Party.
Earlier this year, Yang Zhigang, general engineer of Commercial Aircraft Corporation of China (COMAC), said that manufacturing of the long-range, wide-body aircraft would kick off in 2021.
The China-Russia Commercial Aircraft International Corporation (CRAIC), a joint venture between the two nations, was launched in 2017 with the goal of producing a jetliner to compete with the duopoly of Airbus and Boeing, and take at least a 10% share of the global market.
The prototype was revealed at the opening of China’s largest airshow in the Chinese coastal city of Zhuhai in November 2018. The new jet is expected to make its maiden flight in 2023.
The prototype fuselage, which is 22 meters long, 6.5 meters tall, and 5.9 meters wide, revealed a spacious interior with nine-abreast basic seating in economy class. The salon was equipped with two rows of first-class seats, three rows of business-class seats, and four rows of economy-class seats.
The basic version CR929-600 is projected to carry 280 passengers over a distance of up to 12,000km (7,500 miles). The aircraft family will reportedly include a modification with an extended fuselage (CR929-700) and a shortened fuselage (CR929-500). The aircraft length will be 63.25 meters, with a wingspan of 58-61 meters, and a height of 17.9 meters.
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Policy rate decline leads to an increase in domestic investment www.montsame.mn

In the first half of this year, macro economy has grown by 6.3 percent due to operations in the mining sector and the increase in commodity prices.
Specifically, the mining sector has grown by 24 percent, and net tax on products by 23 percent. During the presentation of the Q2 review and bank competitiveness report, the Mongolian Bankers Association reported that the growth in other sectors has slowed down.
In addition, in terms of demand, household consumption fell by 9 percent, while investment increased by 12 percent. The decrease in the policy rate has led to an increase in domestic investment. Due to the pandemic, export has declined in volume and shipping costs have increased five times compared to the pre-pandemic period. In July of this year, inflation increased by 7.4 percent in Mongolia compared to the same period of the previous year. Foreign shipping cost negatively affected inflation in various countries.
Economist of the Mongolian Bankers Association G.Batzorig said, “The Government announced the ‘MNT 10 trillion program’ to support the economy. In the first half of this year, total loans have been increasing due to the three percent interest rate loans and 9 percent repo financing. It has reached the point where one of every ten loans is non-performing. Overdue loans, which increased due to the four strict lockdowns imposed during the pandemic, is expected to decrease in the future.
Outstanding loan balance increased by 10 percent on average in the first half of this year, and the amount of new loans increased by 57 percent in the second quarter. In addition, loan packages have been rising since the beginning of the year. This was due to the MNT 10 trillion program.”
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Apple walks back plans for new child safety tools after privacy backlash www.cnn.com

New York (CNN Business)Apple made headlines — and not the good kind — last month when it announced a test of a new tool aimed at combating child exploitation. Critics quickly decried the feature's potential privacy implications, and now Apple is taking a long pit stop before moving forward with its plans.
On Friday, the company said it will pause testing the tool in order to gather more feedback and make improvements.
The plan centers on a new system that will, if it is eventually launched, check iOS devices and iCloud photos for child abuse imagery. It includes a new opt-in feature that would warn minors and their parents of sexually explicit incoming or sent image attachments in iMessage and blur them.
Apple's announcement last month that it would begin testing the tool fit with a recent increased focus on protecting children among tech companies — but it was light on specific details and was swiftly met with outraged tweets, critical headlines and calls for more information.
So on Friday, Apple (AAPL) said it would put the brakes on implementing the features.
"Last month we announced plans for features intended to help protect children from predators who use communication tools to recruit and exploit them, and limit the spread of Child Sexual Abuse Material," the company said. "Based on feedback from customers, advocacy groups, researchers and others, we have decided to take additional time over the coming months to collect input and make improvements before releasing these critically important child safety features."
In a series of press calls aiming to explain the planned tool last month, Apple stressed that consumers' privacy would be protected because the tool would turn photos on iPhones and iPads into unreadable hashes, or complex numbers, stored on user devices. Those numbers would be matched against a database of hashes provided by the National Center for Missing and Exploited Children (NCMEC) once the pictures were uploaded to Apple's iCloud storage service. (Apple later said other organizations would be involved in addition to NCMEC.)
Only after a certain number of hashes matched the NCMEC's photos, Apple's review team would be alerted so that it could decrypt the information, disable the user's account and alert NCMEC, which could inform law enforcement about the existence of potentially abusive images.
Many child safety and security experts praised the intent of the plan, recognizing the ethical responsibilities and obligations a company has over the products and services it creates. But they also said the efforts presented potential privacy concerns.
"When people hear that Apple is 'searching' for child sexual abuse materials (CSAM) on end user phones they immediately jump to thoughts of Big Brother and '1984,'" Ryan O'Leary, research manager of privacy and legal technology at market research firm IDC, told CNN Business last month. "This is a very nuanced issue and one that on its face can seem quite scary or intrusive."
Critics of the plan applauded Apple's decision to pause the test.
Digital rights group Fight for the Future called the tool a threat to "privacy, security, democracy, and freedom," and called on Apple to shelve it permanently.
"Apple's plan to conduct on-device scanning of photos and messages is one of the most dangerous proposals from any tech company in modern history," Fight for the Future Director Evan Greer said in a statement. "Technologically, this is the equivalent of installing malware on millions of people's devices — malware that can be easily abused to do enormous harm."
Correction: A previous version of this story misstated the name of the digital rights advocacy group Fight for the Future.
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China set to open new stock exchange in Beijing www.bbc.com

China has announced plans to set up a third stock exchange to serve small and medium-sized businesses.
President Xi Jinping said the new share market will be in the capital Beijing, during a speech to the International Fair for Trade in Services.
Mainland China currently has two major markets based in the Shanghai financial hub and the southern city of Shenzhen.
The move comes as Chinese companies are under intense pressure at home and in the US.
While President Xi did not elaborate on the plan, the China Securities Regulatory Commission (CSRC) published a statement shortly after his speech that said its leadership was "excited" at the prospect.
"Small and medium-sized enterprises can do great things," the CSRC added.
The regulator said that the registration system for the exchange would be similar to Shanghai's STAR market, which is seen as China's answer to the technology-heavy Nasdaq platform in the US.
The announcement comes as Chinese companies have been under increasingly close scrutiny, by both Beijing and Washington.
In recent months, Chinese authorities have announced a series of measures that have had a major impact on large parts of the country's private sector - from tech giants and tutoring firms to music streaming platforms and TV companies.
Along with a huge swathe of tough new measures imposed on companies Chinese authorities have intensified their oversight of firms with share listings in the US.
Last week, Chinese electric car maker BYD's had to suspend a plan to sell shares in its computer chip making unit, making it the latest share offering to be hit by Beijing's crackdown on businesses.
Earlier this month, the Chinese government signalled that this crackdown would continue as it unveiled a five-year plan outlining tighter regulation of much of its economy.
Meanwhile in America, the Wall Street regulator, the Securities and Exchange Commission (SEC) said it will now require extra information from Chinese companies aiming to sell shares in the US.
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Russia to build new cargo port in Vladivostok to boost development of Far East www.rt.com

The Russian government has signed an agreement of cooperation with several companies in the Far East to construct a new multipurpose cargo port in Vladivostok, state development firm VEB.RF has announced.
The deal was struck on the sidelines of the Eastern Economic Forum (EEF) in Vladivostok.
“VEB.RF, the Government of the Primorsky region, the Ministry of the Russian Federation for the Development of the Far East and the Arctic, the Far East and Arctic Development Corporation and the Port Infrastructure Development Center signed an agreement on cooperation on the implementation of a large-scale port project,” the firm’s press service said.
According to VEB.RF, the new multipurpose transshipment complex – the New Port of Vladivostok – will be constructed in the Sukhodol Bay, 80 kilometers from Vladivostok. Construction is expected to attract an estimated 180 billion rubles ($2.4 billion) in private investment.
The project includes the construction of a coal terminal with a capacity of 12 million tons a year, which is already underway on the site. Authorities plan to expand its capacity in the future to 20 million tons per year. Other facilities include a deep-water container terminal and a grain cargo terminal. The total cargo turnover of the port is expected to be over 70 million tons. Authorities expect it to become the driver of the development of the Far East region.
“The implementation of the project will be an important contribution to the advanced social and economic development of the Far East,” Russia’s Minister for the Development of the Far East and the Arctic Alexei Chekunkov said, as quoted by the press service.
“The new port will reduce transshipment and logistics costs for operators of transshipment terminals in the south of Primorsky region and become a driver for the development of related industries, making it possible to create a comfortable environmentally friendly home for the citizens of Vladivostok and contributing to the accelerated development of cargo turnover in the region,” he said.
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China-funded thermal power plant expansion completed in Mongolia www.xinhuanet.com

Sept. 4 (Xinhua) -- The completion and commissioning ceremony of the China-funded expansion of a thermal power plant was held Friday in Erdenet, capital of Mongolia's northern province of Orkhon.
The project was executed by China's Hunan Industrial Equipment Installation Company, which has previously conducted the expansion of Thermal Power Plant No. 3 in Ulan Bator.
"The completion of the project is of great significance to the development of Mongolia's energy sector," Mongolian Energy Minister Nansal Tavinbekh said at the ceremony.
Tavinbekh noted that during the COVID-19 pandemic the project executor overcame difficulties such as personnel exchanges and limited transportation of materials, and successfully completed the expansion with high quality.
Chinese Ambassador to Mongolia Chai Wenrui sent a letter to praise the successful completion of the project.
Chai expressed his hope that the completion of the project will cater to the industrial development and residents' needs in Erdenet and its surrounding areas, promote urban energy conservation and environmental improvement, and help regional economic development.
The ambassador also said that China will actively support Mongolia's economic and social development, promote the alignment of the Belt and Road Initiative and the Steppe Road Program, and promote the construction of the China-Mongolia-Russia Economic Corridor to achieve more substantial results. Enditem
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While the rest of the world wasn't looking, Mongolia managed to achieve something kind of amazing www.upworthy.com

The Overseas Development Institute has released a new report on Mongolia that's pretty incredible.
Even though up to 40% of Mongolia's population is nomadic, the country has found a way to achieve something wealthier nations can only envy: 98% of its girls and 93% of its boys are now getting a secondary education.
Mongolians value the education of their kids above almost everything else, and now their government — flush with money from a mining boom and improved taxation — has taken up the challenge of paying for it. With a completely overhauled modern education policy that's more responsive to families' needs, and with the support of external financing partners, they're actually getting it done.
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COVID-19: 3,628 new cases, five deaths reported www.montsame.mn

On September 5, 3,628 new cases have been detected after conducting tests nationwide within the past 24 hours, reported the Ministry of Health.
More specifically, 897 new cases were detected in the capital city, with 2,729 cases in rural regions. Furthermore, two new imported cases have been confirmed.
As of today, the total number of confirmed COVID-19 cases in Mongolia now stands at 232,313. 3,300 patients have made recoveries in the past 24 hours.
Furthermore, five new COVID-19 related deaths have been reported, raising the country’s death toll to 962. Currently, 19,589 people are receiving hospital treatment for COVID-19 whilst 29,924 people with mild symptoms of COVID-19 are being isolated at home.
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U.Khurelsukh: An issue of mastering mother tongue must be on the focus at all levels www.montsame.mn

President of Mongolia U.Khurelsukh received representatives led by Head of the National Council on Language Policy S. Dulam.
During the meeting, the President was given a brief introduction on the works done in connection with the studies on languages and dialects of ethnic groups, terminology, field researches, Mongolian language grammar dictionary, the protection of stone inscriptions, coding of international standards for Mongolian script as well as the works being carried out within the framework of National Program for Mongolian language.
President U.Khurelsukh underscored an importance of paying great attention to the teaching of Mongolian language for children and of giving support to the Mongolian language training of foreign students, Mongolists and foreign diplomats who want to learn the Mongolian language.
At the meeting, the President has instructed the National Council on Language Policy to focus on improving the knowledge and skills of traditional script of the public servants through the implementation of the Program, which is currently being carried out in the Ministry of Culture, in other ministries, development of e-conversion and error-checking applications and introduction of the Unicode of Mongolian script phonetic model. The President added that it is possible to issue an appeal for all to learn the national script and provide related guidance to all levels of organizations through the corresponding authorities.
President also said that it would be effective to issue a decree on the restoration and protection of Mongolia's forgotten and changed geographical names, and to create a national database. He, furthermore, noted that there is a solution to provide a certain amount of tax discount to companies and organizations which use their name and address in both of Cyrillic and traditional Mongolian scripts.
President emphasized that it needs to legalize bilingual education, open a faculty of primary school teacher training class for Mongolian-Kazakh and Mongolian-Tuvan languages at the Mongolian State University of Education, pay attention to the native language education of Mongolian children living abroad, resolve required funding on creating a dictionary of Mongolian language as well as a dictionary of Mongolian language culture.
The National Council on Language Policy under the President has completed developing the State Policy on Language, which consists of nine articles and 74 objectives.
Present at the meeting were Chief of Staff of the Office of the President Ya.Sodbaatar, Culture and religious policy advisor to the President D.Bum-Ochir, Education, science and technological policy advisor Ch.Lodoiravsal, Minister of Education and Science L.Enkh-Amgalan, Minister of Culture Ch.Nomin, State Secretary S.Oyunbileg
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Centerra says 40 metres of water at Kumtor pit a threat to workers, environment www.mining.com

Canada’s Centerra Gold (TSX: CG) said on Tuesday there are at least 40 meters of water at the bottom of its seized Kumtor gold mine in Kyrgyzstan and “abnormally” large amounts running down the pit walls, which it said could lead to catastrophic events.
The Toronto-based miner said that in the three months the former soviet nation has been running the mine, the pit has flooded with more water than they ever saw collect in the over 25 years of the operation under its control.
While the government-controlled Kumtor Gold Company (KGC) said the mine is stable and running at full speed, Centerra said it has photographic evidence suggesting the contrary. They include a video posted on August 15 on KGC’s Facebook page.
“Based on these images, Centerra believes at least 40 meters of water may be at the bottom of the Kumtor central pit (…) This has put the entire mine and its workers at risk of potentially catastrophic events, not to mention the real harm to the environment.,” the company said in an emailed statement.
The miner believes urgent action is needed to address critical safety and operational issues.
“This is massive and the entire situation presents an imminent danger at many levels, not just the water in the pit, but also the tailings storage facility due to glacier melt”, Lindsay Newland Bowker, executive director of World Mine Tailings Failures told MINING.COM.
“The Kyrgyz government has zero capacity and no money to take on a proper assessment or correction of this problem,” she added.
The mine pit slices through two glaciers — Lysyi and Davidov. This vicinity and the practice of storing waste rock directly on the glaciers represents a risk to the enormous natural ice sheets, according to data compiled by Bankwacht Network
Water is a danger in pits in several ways, including affecting slope stability and a potential leak of the metal-rich water stored there, known as mine drainage, says Geoff Beale from Piteau Associates, a Canadian geotechnical and water management consultancy.
“Water changes the resistive forces of a slope and creates driving forces. It’s a very simple concept. It’s two forces acting at the same time— the downward pressure of the rocks that holds the material together and the other is the upper pressure of the water that can break the rock. The less water, the more resistance,” he said.
One of the most well-known of landslide in an open pit is the one that happened at Rio Tinto’s Bingham Canyon copper mine in Utah in 2013. The incident did not claim victims, but it damaged equipment, a building structure, slowed output, and took at least three years to repair.
Resource nationalism
The Kyrgyz’s parliament passed in early May a law allowing the state to temporarily take over Kumtor gold mine, the country’s biggest industrial enterprise.
Kyrgyzstan’s move came after a court fined Centerra’s unit Kumtor Gold Company (KGC) more than $3 billion for allegedly dumping mining waste on glaciers near the mine 4,000 meters above sea level. A state commission also recently alleged that KGC owed more than $1 billion in unpaid taxes.
Kumtor is the largest of Centerra’s three gold mines, accounting for over 50% of the company’s total output. Since the seizure, Centerra’s Kyrgyz subsidiaries have filed for Chapter 11 bankruptcy protection. The company has also sued the new external manager of the mine, alleging that he conspired to steal the asset while he was a director.
Centerra said at the time that KGC and the Kumtor Operating Company CJSC (KOC) were solvent, with total assets (including the Kumtor mine) above $1.1 billion and no external bank debt.
The Canadian miner is not a party to or affected by the Chapter 11 filing and remains with more than $883 million in cash and almost $1.3 billion in liquidity as of June 30, 2021, it said earlier this month.
The mine has produced more than 13.2 million ounces of gold between 1997 and the end of 2020. Last year’s output was slightly over 556,000 ounces. Centerra guided in January for Kumtor to produce 470,000 to 510,000 ounces of gold, with improving grades and production expected towards year-end.
The operation is considered by analysts a classic example of the risks tied to resource nationalism, as it has been for years the subject of both renegotiations protracted legal battles.
Centerra is currently seeking to hold the Kyrgyz government and Kyrgyzaltyn responsible for all losses and damages that result from their coordinated campaign to seize the gold mine in violation of longstanding investment agreements and without compensation to Centerra.
The company also seeks to prevent the Kyrgyz government and Kyrgyzaltyn from taking any further actions to nationalize the mine or improperly dispose of it.
Its two units, KGC and KOC, filed last week a motion in a US Bankruptcy Court seeking penalties of $1 million a day against the Kyrgyzstan government.
Kyrgyz authorities have not yet replied to MINING.COM’s request for comments on Centerra’s statement.
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