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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Mongolia registers three coronavirus vaccines www.montsame.mn

Ulaanbaatar/MONTSAME/. “Mongolia has developed and approved a vaccine registration regulation this week. Accordingly, the National Committee for Immunizatin and Human Drug Council have convened and registered three main vaccines released worldwide -- ‘Pfizer and BioNTech,’ ‘AstraZeneca’ and ‘Moderna’ in the Mongolian drug registry,” reported Minister of Health T.Munkhsaikhan during his press briefing yesterday, January 10.

 

“Mongolia has an Immunization Law. Our country has an opportunity to immunize the entire population with vaccines registered by the World Health Organization and countries with strict drug regulations.”

When vaccinating the people, special attention would be paid to make all people have a vaccination record, added the Minister.

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13 new cases of COVID-19 recorded in Ulaanbaatar city www.montsame.mn

Ulaanbaatar /MONTSAME/ According to the National Center for Communicable Diseases, 13 new cases of COVID-19 were reported after performing PCR testing on 14,216 people nationwide on January 10.

 

All the newly detected cases were recorded in Ulaanbaatar city and the people, who are close contacts of the previously confirmed cases related to “Tenuun-Ogoo” Company, Achtan Hospital, “Munkhkhada” LLC, were diagnosed with the virus.

 

 

No new infections have been recorded in other aimags in the past 24 hours.

 

 

 

Mongolia now have a total of 1422 confirmed cases with 396 recoveries. 535 people are undergoing treatment. 

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India pressures Mongolia to complete oil pipeline on time www.mongoliaweekly.org

The Indian government has reaffirmed its commitment to building Mongolia's first oil refinery, but has also subtly pressured the Mongolian government to ensure an accompanying pipeline is constructed on time.
In a video conference with Chief Cabinet Secretary L. Oyun-Erdene and Mining Minister G. Yondon, India's Union Minister of Petroleum and Natural Gas & Steel, Shri Dharmendra Pradhan, said that he hoped Mongolia would finish connecting a crude oil pipeline to the refinery 'well before' it is opened.
The refinery will be small by international standards but should meet domestic requirements. (Unsplash)The refinery will be small by international standards but should meet domestic requirements. (Unsplash)
The refinery will be small by international standards but should meet domestic requirements. (Unsplash)
The refinery, which is largely funded by the Indian government through a line of credit extended during high-level visits in 2015, is being built in Altanshiree in Dornogovi province. It is scheduled for completion in 2022.
Despite producing and exporting thousands of barrels of oil per day, Mongolia depends on imports of finished petrochemicals from Russia to meet domestic demand.
The Mongol Refinery Project, as it is known, aims to reduce this dependence.
Interestingly, the refinery is apparently the largest project India is undertaking through its Lines of Credit program, which suggests New Delhi is keen to strengthen ties with Ulaanbaatar. The project is managed by the state-owned Engineers India Ltd.
However, the fact that the Indian government has gone public with its request for Mongolia to complete the pipeline before the refinery opens suggests it may be concerned about project slippage.
Pradhan said he "sought [Oyun-Erdene and Yondon's] cooperation in completing this pipeline well before the commissioning of the Refinery project."
In exchange, Pradhan indicated that India hoped to gain greater access to Mongolian mineral supplies.
"“We look forward to substantial partnerships with Mongolian companies in the areas of minerals, coal and steel," he said.
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Apple, Hyundai set to agree electric car tie-up, says Korea IT News www.reuters.com

SEOUL (Reuters) - Hyundai Motor and Apple Inc plan to sign a partnership deal on autonomous electric cars by March and start production around 2024 in the United States, local newspaper Korea IT News reported on Sunday.
The report follows a statement on Friday from Hyundai Motor that it was in early talks with Apple after another local media outlet said the companies aimed to launch a self-driving electric car in 2027, sending Hyundai shares up nearly 20%.
Hyundai Motor declined to comment on the report on Sunday, and reiterated Friday’s comments that it has received requests for potential cooperation from various companies on developing autonomous EVs.
Apple had no immediate comment.
An updated version of the IT news report removed details, including production location and capacity and the timeframe for signing the agreement and launching the pilot vehicles.
The previous version said the companies planned to build the cars at Kia Motors’ factory in Georgia, or invest jointly in a new factory in the United States to produce 100,000 vehicles around 2024. The full annual capacity of the proposed plant would be 400,000 vehicles.
Kia Motors is an affiliate of Hyundai Motor.
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The report also said Hyundai and Apple planned to release a “beta version” of the Apple cars next year.
Reuters reported last month that Apple was moving forward with autonomous car technology and aimed to produce a passenger vehicle that could include its own breakthrough battery technology as early as 2024.
Shares in Hyundai Motor rose 14.6% in morning trade on Monday, while affiliate auto parts maker Hyundai Mobis shares rose 12.7% and Kia shares rose 9.1% versus a 2% gain in the wider market.
Reporting by Hyunjoo Jin; Additional reporting by Joyce Lee; Editing by Elaine Hardcastle and Barbara Lewis
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Record number of small firms 'set to close' www.bbc.com

A record number of small firms could close in the next 12 months, says the Federation of Small Businesses.
Without further government help to cope with the effects of the pandemic, more than a quarter of a million businesses could be lost, it said.
The FSB said it had put forward ideas to help some of those firms, which it hoped ministers would adopt.
Its proposed support scheme would aim to help many self-employed workers currently excluded from aid.
The FSB based its prediction on a survey of 1,400 small firms, 5% of which said they expected to close this year.
If those figures were replicated across the country, some 250,000 of the UK's 5.9 million small firms could disappear, it said.
FSB national chairman Mike Cherry said: "The development of business support measures has not kept pace with intensifying restrictions.
"As a result, we risk losing hundreds of thousands of great, ultimately viable small businesses this year, at huge cost to local communities and individual livelihoods."
Mr Cherry said the government had met the latest national lockdown "with a whimper" and called for help that went beyond the retail, leisure and hospitality businesses.
"Company directors, the newly self-employed, those in supply chains and those without commercial premises are still being left out in the cold," he added.
Among other groups, the FSB is concerned that directors of small companies, who pay themselves in dividends rather than drawing a salary, are not receiving any help from the government.
The FSB said somewhere between 700,000 and 1.1 million people fell into this category.
If adopted by ministers, the FSB's proposed Directors Income Support Scheme would pay them grants of up to £7,500 to cover three months of lost trading profits. It would be limited to those who earn less than £50,000 a year.
The FSB said it had submitted its proposals to the Treasury and was expecting a decision this month.
The Treasury said nothing was planned at present, but added: "Our support schemes are designed to get help to those who need it most whilst protecting the taxpayer from fraud, but of course we keep everything under review and are always open to further ideas."
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Mongolia confirms 21 more COVID-19 cases, 1,429 in total www.xinhuanet.com

Jan. 10 (Xinhua) -- Mongolia's National Center for Communicable Diseases (NCCD) on Sunday confirmed 21 new COVID-19 cases, bringing the nationwide tally to 1,429.
"A total of 22,993 tests for COVID-19 were conducted across the country in the last 24 hours, and 21 of them tested positive," Amarjargal Ambaselmaa, head of the surveillance department of the NCCD, said at a daily press conference.
Twenty of the latest confirmed cases were locally transmitted, and the remaining patient was a serviceman of the Mongolian Armed Forces who had recently returned home from Afghanistan, said Ambaselmaa.
More than two-thirds of the COVID-19 infections in Mongolia were locally transmitted. The country confirmed its first locally transmitted case in November.
The Asian country with a population of 3.3 million has so far registered two COVID-19-related deaths and 896 recoveries. Enditem
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MOU signed with Korean Start-Up Promotion Agency www.montsame.nm

Ulaanbaatar /MONTSAME/ On January 6, the Start-up Promotion Agency announced that it had signed a Memorandum of Understanding (MOU) online for the cooperation of the Young Entrepreneurs Council of Mongolia to foster cooperation between the two startups and to create a foundation for Mongolia's start-up life system, including the knowledge of laws and institutions
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The Young Entrepreneurs Council was established in 2018 to bring startup and entrepreneurship to Mongolia.
The signing of the Memorandum of Understanding was aimed at establishing a cooperative relationship between the two countries to revitalize start-up life-based exchanges and develop startups, and to comply with the laws and regulations related to start-up and investment in the Republic of Korea.
Kim Kwang-hyun, director of the Start-up Promotion Agency, said, "We hope that by gaining knowledge and experience related to Startups in Korea to Mongolia, we will contribute to the development of Mongolia's startup ecosystem and enable startup cooperation between Korea and Mongolia."
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Strict lockdown to be eased with some businesses remaining closed www.montsame.mn

Ulaanbaatar/MONTSAME/. Today, the Emergency Commission of the capital city has announced that 18 types of businesses will remain closed when the current COVID-19 strict lockdown is to be eased to the heightened state of readiness in the capital city of Ulaanbaatar from next Monday.
J. Sandagsuren, 1st deputy governor of the capital city, said “The Emergency commission has conducted risk assessments on sectors in the capital. Accordingly, it decided to re-open services, except 18 types of services. Driving restriction by license plate number will be adhered in the traffic."
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The 18 services include clothing shops, furniture stores, services for wedding ceremony, beauty salon, swimming pool, mobile phone trade and repair centers, churches, all kinds of sports, yoga and fitness halls, dance clubs, sauna and massages, hairdressing, hotels and class training with more than five attendants.
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Growing Mongolian coal exports alarm dry bulk owners www.news.mn

Dry bulk owners are watching customs data out of Beijing closely to see where China is sourcing coal from to replace banned Australian products – the choice will have an enormous ramifications for the overall tonne-mile picture of the sector. Relations between Canberra and Beijing have soured in recent months after Australia called for an international probe into the origins of the Covid-19 pandemic, leading the government of Xi Jinping to ban a range of Australian products including coal.
The start to 2021 has seen no sign of a thaw in China’s Australian coal stance. “China is not backing down on this. Very little Australian thermal coal will go to China in 2021. It’s the chicken game,” commented Peter Sand, chief shipping analyst at BIMCO. Sand said that for the sake of shipping, he was crossing his fingers that China turns to Colombia and Canada and not Mongolia and Russia for its coal needs.
Coal to China from Russia travels around 1,000 nautical miles, it’s 2,000 miles from Indonesia, 4,000 miles from Australia, 9,000 from Colombia and 11,000 from Canada. Most worrying for dry bulk owners is the growing exports by land from Mongolia into China – volumes have leapt during 2020.
Latest data from Braemar ACM show there are 23 capes and 52 panamaxes laden with Australian coal remaining at sea outside Chinese ports, unable to discharge, with a median waiting duration of over 90 days so far.
The ban has already reshaped trade flows. Some of the cargoes waiting in China have diverted to nearby countries such as Vietnam and South Korea, while India’s share of Australian exports grew over the last few months.
Ralph Leszczynski, head of research at Banchero Costa, said dry bulk owners ought to be looking at the bigger coal picture rather than the current Australia – China dispute.
“The reality is that 2020 was across the board a horrible year for coal trade, worldwide,” Leszczynski said.
Global seaborne coal trade declined by 12.7% year-on-year in 2020. Nevertheless, the International Energy Agency (IEA) has revised its forecasts for coal demand upwards.
Citing a faster-than-expected economic recovery in Asia, the agency amended its previous forecast of a 7% drop in 2020 to 5%, and forecast growth of 2.6% in 2021. The IEA estimated that coal trade volumes had decreased by 10% or 150m tons in 2020, the largest drop ever recorded. Thermal coal volumes fell 10% and coking coal 12%. Remaining bullish for China coal import numbers is Jeffrey Landsberg, the managing director of US-based Commodore Research & Consultancy.
In recent weeks Commodore has been highlighting how a surge in electricity generation for heating has remained underway in China. Of note most recently is that nine separate power grids all saw their power loads set new highs this week. This includes the power grids in Hebei, Shanxi, Liaoning, Heilongjiang, Shaanxi, Ningxia, Jilin, Xinjiang, and Beijing.
“Going forward, we remain bullish for China’s coal import prospects,” Landsberg told Splash. The dry bulk analyst said it was significant that it is not common for power loads in China to set records during the winter. Instead, records are only normally set in the summer. “The current record power production levels in China at present are atypical for this time of year and very supportive to the dry bulk market. With the ban on Australia in place, China’s imports from Indonesia at present have been rising,” Landsberg said. (Splash 247.com)
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India and Mongolia cooperation in the hydrocarbons and steel sectors www.news.mn

On Friday (8 Jan), Indian Minister of Petroleum and Natural Gas & Steel Dharmendra Pradhan) reiterated India’s commitment towards the timely completion of the Mongol Refinery Project. This assurance was made during a virtual meeting with L.Oyun-Erdene, MP, Minister and Chief Cabinet Secretary of Mongolia and Co-Chair of the India-Mongolia Joint Committee on Cooperation.
Bilateral cooperation in the hydrocarbons and steel sectors were comprehensively reviewed in the meeting, an official statement added.
The Indian Minister also expressed willingness to further share India’s expertise in the oil and gas sector, including capacity building in line with Mongolia’s developmental priorities. He expressed appreciation for the support in facilitating approvals for the expeditious implementation of the greenfield Mongol Refinery Project, built under a Line of Credit from the Government of India, and their commitment to setting up a pipeline to transport crude to the refinery being built near the city of Sainshand.
The Minister also welcomed the eagerness of Mongolian mining companies in supplying coking coal to the Indian steel industry and agreed to advance mutual benefitial cooperation. “We look forward to substantial partnerships with Mongolian companies in the areas of minerals, coal and steel.”, he added.
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