1 14TH MBD MISSION FOR MBCC'S "DOING BUSINESS WITH MONGOLIA SEMINAR & CHRISTMAS RECEPTION" AND BUSINESS PROGRAM DEC 08- 14. 2025 LONDON, UK WWW.MONGOLIANBUSINESSDATABASE.COM PUBLISHED:2025/09/16      2 IMF WRAPS UP 2025 ARTICLE IV TALKS WITH MONGOLIA WWW.IMF.ORG PUBLISHED:2025/09/16      3 POSCO INTERNATIONAL TO LAUNCH WASTEWATER HEAT DISTRICT HEATING PROJECT IN MONGOLIA WWW.CM.ASIAE.CO.KR  PUBLISHED:2025/09/16      4 MONGOLIA'S EXTERNAL DEBT UP 12.7 PCT IN Q2 2025 WWW.NEWS.AZ PUBLISHED:2025/09/16      5 2025 AUTUMN SESSION OF THE STATE GREAT KHURAL COMMENCES WITH STRUCTURAL REFORMS WWW.MONTSAME.MN PUBLISHED:2025/09/16      6 MONGOLIA SURPASSES 617,000 TOURIST ARRIVALS BY MID-SEPTEMBER 2025 WWW.MONTSAME.MN PUBLISHED:2025/09/16      7 ODD-EVEN TRAFFIC RESTRICTION CONCLUDES WWW.UBPOST.MN PUBLISHED:2025/09/15      8 MMC ANNOUNCES FIRST GOLD POUR COMPLETED AT THE BAYAN KHUNDII MINE IN MONGOLIA WWW.SG.FINANCE.YAHOO.COM  PUBLISHED:2025/09/15      9 MKE LAUNCHES CARTRIDGE PRODUCTION LINE IN MONGOLIA WWW.RAILLYNEWS.COM  PUBLISHED:2025/09/15      10 MONGOLIA’S LARGEST MINING EVENT HIGHLIGHTS INVESTMENT AND RESPONSIBLE MINING WWW.MONTSAME.MN PUBLISHED:2025/09/14      14 ДЭХЬ УДААГИЙН MBCCI’S “ DOING BUSINESS WITH MONGOLIA SEMINAR & CHRISTMAS RECEPTION” B2B NETWORKING БОЛОН БИЗНЕС ХӨТӨЛБӨР 2025 ОНЫ 12 САРЫН 08 -13 ЛОНДОН ХОТ, ИХ БРИТАНИ WWW.MONGOLIANBUSINESSDATABASE.COM НИЙТЭЛСЭН:2025/09/16     ЭДИЙН ЗАСГИЙН ТӨРӨЛЖИЛТИЙН ИНДЕКСЭЭР МОНГОЛ УЛС 145 ОРНООС 139-Д БИЧИГДЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2025/09/16     ӨНӨӨДӨР: “СЭЛБЭ 20 МИНУТЫН ХОТ”-ЫН ДАРААГИЙН ЭЭЛЖИЙН ОРОН СУУЦНЫ ТӨСЛИЙН БҮТЭЭН БАЙГУУЛАЛТЫГ ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/16     ШЭНЬ МИНЬЖУАНЬ: БНХАУ МОНГОЛ УЛСЫГ ШХАБ-ЫН ГЭР БҮЛД НЭГДЭЖ, ХАМТЫН АЖИЛЛАГААГАА ӨРГӨЖҮҮЛЭХИЙГ УРЬСАН WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/15     Г.ЗАНДАШАТАР: ТӨРИЙН ДАНХАР БҮТЦИЙГ ХУМИХ АЖИЛ ИРЭХ ОНД Ч ҮРГЭЛЖИЛНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/09/15     Ц.ТУВААН: НҮҮРСНИЙ ҮНЭ 3 САР ТУТАМ ШИНЭЧЛЭГДЭНЭ. ГЭРЭЭНД ЯМАР Ч НУУЦ БАЙХГҮЙ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/09/15     ХАНЫН МАТЕРИАЛД 1800 АЙЛЫН ОРОН СУУЦ БАРИХ ТӨСЛИЙН ГҮЙЦЭТГЭГЧ ШАЛГАРЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/15     "ТАТВАРЫН ХЭТ ӨНДӨР ТООЦОО БИЗНЕС ЭРХЛЭГЧДИЙГ ХААЛГАА БАРИХАД ХҮРГЭНЭ" WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/15     ГАДААД ХУДАЛДААНЫ НӨХЦӨЛИЙН ИНДЕКС ӨМНӨХ ОНООС 4.1 ХУВИАР БУУРЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/09/15     ЭХНИЙ НАЙМАН САРЫН БАЙДЛААР 600 МЯНГАН ЖУУЛЧИН ИРЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/15    

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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 MMA sets ambitious programme for growth www.immaf.org

Mongolia, which was recently given observation status by the IMMAF Board, is determined to move quickly as a powerhouse of Asian, and global MMA, under the guidance of a former Judoka and Diplomat Pantii Gankhuyag.
The national body was established in January 2019 to promote and develop martial arts in Mongolia and increase physical activity among the youth of the country, in line with government objectives, and to widen cooperation among domestic martial arts groups toward integration at the international level. The Association has begun a long-term four-year plan towards development of coaches and cultivation of MMA athletes to competition level.
The Association builds on sport development through seminars, workshops and training opportunities. It’s president, Pantii Gankhuyang, is tasked with leading the national body over the next 3 years and to obtaining government recognition for the sport of MMA.
Mongolia counts on vast resources from the volunteer sector to help in national development of sport with schools, universities and student clubs often involved. The IMMAF is committed to providing technical support in building foundations for recreational participation and competitive amateur MMA.
Pantii Gankhuyag is a judoka and member of the Mongolian Democratic Party, formerly a diplomat in Japan who served as Governor of the Mongolian Dornogovi Province from 2008-2016. Mr Gankhuyag has a lifelong passion for martial arts with an interested in how sport and MMA can contribute to national society.
The national Association benefits from the experience of Olympic competitors and coaches and maintains diversity of skillsets through invitations to experts from government and developed sporting backgrounds to provide guidance for new generations.
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Mongolia has first smart grid management system installed–from the UK www.pv-magazine.com

Covid-19 border closures meant the first ‘active network management’ system was planned and commissioned for the Asian nation by the U.K. division of Saudi-owned smart grid specialist ZIV Automation.
The travel restrictions imposed on Mongolia during the Covid-19 pandemic led the developers behind the nation's first ‘active network management' (ANM) system to install it entirely remotely, from the U.K.
The system installed by Spanish business ZIV Automation–to free up enough grid capacity to connect a 30 MW solar plant–was developed, tested and commissioned by the U.K. unit of the company.
ZIV–which is owned by Saudi electricals parent Alfanar–was commissioned to enable connection of the Desert Solar Power One solar farm to the Central Energy System, the most expansive of Mongolia's five electricity network sections.
The solar project–built by engineering, procurement and construction (EPC) services business Monhorus LLC in Sainshand, Dornogobi province–was enabled to connect to the network ahead of a planned expansion of the Central Energy System grid with 220km of new transmission lines. The smart grid ANM system developed by ZIV Automation manages the network in such a way the 30 MW solar farm can generate at full output other than when the grid nears capacity during demand peaks, when solar production can be curtailed.
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EPC company Monhorus is a joint venture established by local diesel-generator installer Monhorus International and Polish peer Horus Energia.
ZIV Automation says Mongolia's Central Energy System has peak demand of 1.2 GW and generation facilities include 90 MW of solar and 155 MW of wind farms. It is not clear whether the Desert Solar Power One project is included among that 90 MW of solar generation capacity.
English company UB Grid Consultancy Ltd acted as consultant on the ZIV Automation project.
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Minerals industry’s contribution to government budget increases www.montsame.mn

According to the last year’s performance, the mining sector accounted for 22 percent of GDP, 71 percent of industrial output and 94 percent of exports.
Budget revenue in 2020 decreased by 12,6 percent compared with 2019 due to the outbreak of the COVID-19 pandemic, dropping to MNT 10.4 trillion. However, the mineral industry’s contribution to the government budget accounted for 25.7 percent, 1.4 percent increase compared with the previous year.
The Ministry of Mining and Heavy Industry reports that the government budget in 2019 was MNT 11.9 trillion, of which MNT 2.9 trillion or 24.3 percent was mineral industry’s contribution.
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Unprofitable state-owned companies to be replaced www.montsame.mn

At the cabinet meeting held on March 9, Minister of Finance B.Javkhlan delivered a presentation on actions being taken to improve and optimize the ownership type, functions and organizational structures of wholly or partially state owned enterprises.
The cabinet is seeking to tackle issues related to state owned enterprises that have been unprofitable and operating with large expenses for many years within the first 100 days of the current government, formed on January 29, 2021.
As of 2019, 107 state-owned enterprises and locally owned 339 companies were holding debts totaling MNT 37 trillion and gained profits of around MNT 1.5 trillion. In particular, Erdenet Mining Corporation earned MNT 1.1 trillion and Erdenes Tavantolgoi earned MNT 440 billion and the remaining enterprises operated at a loss.
The government will further take following measures;
- Publicly disclose the strategically important companies and ensure their stable operation under 100-percent government ownership,
- Dissolve and merge loss-making and unprofitable companies whose roles can be fulfilled by the private sector,
- Ensure greater control and establish good governance by publicly trading up to 34 percent of stocks of some companies, and
- Necessary measures will be taken to fully implement the Law on Glass Accounts, which aims to improve transparency of decision-making processes and activities regarding state and local budgets.
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Japan donates 1.3 million doses of COVID-19 vaccines to Mongolia www.news.mn

Mongolia is to receive 1.3 million doses of COVID-19 vaccine TO BE donated by the Government of Japan with the support of UNICEF. According to L.Ariun-Uchral, press secretary of the Foreign Ministry, it is a part of a USD 21.5 million worth project by UNICEF’s to strengthen Mongolia’s emergency health response to the virus.
The COVID-19 vaccines produced by Pfizer, AstraZeneca and Moderna are expected to be airlifted to Mongolia in June.
Mongolia started its vaccination rollout against COVID-19 on 23 February with AstraZeneca donated by India. The country of three million is aiming to vaccinate 60 percent of the population above the age of 18.
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Vuno supplies X-ray imaging solution to Mongolia with WHO support www.koreabiomed.com

Vuno, a company developing medical software, said Tuesday that it would supply its artificial intelligence (AI)-based chest X-ray solution, VUNO Med-Chest X-ray, to the National Center for Communicable Diseases of Mongolia.
Mongolia’s health authorities requested the World Health Organization (WHO) to purchase Vuno’s AI solutions to meet the country’s increasing demand for lung and chest diseases, including the Covid-19, and introduced it to the nation.
The VUNO Med-Chest X-ray can detect abnormal findings, such as nodule, fibrosis, pneumothorax in chest images, assisting healthcare providers to lesions in a clear image.
The new product helps medical experts improve the diagnostic efficacy by providing an initial reading of the patient’s chest images and report abnormal findings, allowing the healthcare givers to quickly follow-up with the lesions, the company said.
Mongolia’s National Center for Communicable Diseases was established in 2001 to manage, prevent, monitor, diagnose, and treat patients with infectious diseases in the country. It conducted the clinical trials of Vuno’s AI-based solution for sexually transmitted diseases in 2017, and introduced it to the country’s hospitals.
Vuno won the product's approval from the Ministry of Food and Drug Safety in August 2019 by proving its excellent sensitivity and specificity for detecting five abnormal symptoms in clinical trials, the company said.
It also has won the Conformite Europeenne (CE) certification, which allows European countries to use the product.
“We are glad to supply VUNO Med-Chest X-ray solution to the Mongolian National Center for Communicable Diseases, which has maintained a long relationship with us,” Vuno CEO Kim Hyun-jun said. “Vuno will keep making efforts to help more countries in need of healthcare.”
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Mongolia sees highest daily COVID-19 cases rise www.xinhuanet.com

March 10 (Xinhua) -- A total of 109 people tested positive for COVID-19 in Mongolia in the last 24 hours, the highest daily increase since the pandemic hit the country, the National Center for Communicable Diseases (NCCD) said on Wednesday.
The latest cases were detected in the country's capital Ulan Bator, the central province of Tuv and the western province of Zavkhan, the NCCD said in a statement.
Of all the new cases, 104 were found in people who had close contact with previously confirmed cases, while the source of the remaining five cases has not yet been identified, the center said.
So far, the Asian country has registered 3,481 COVID-19 cases, with seven related deaths. Enditem
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Mongolian President Accused of Smearing Political Rival www.bloomberg.com

The former prime minister of Mongolia said he is the victim of a global smear campaign likely orchestrated by the current president to label him as corrupt ahead of a June election.
Sukhbaatar Batbold, a businessman who was Mongolia’s prime minister from 2009 to 2012, claimed President Khaltmaagiin Battulga appears to be the architect of a series of lawsuits in courts around the world accusing him of leading a massive corruption scheme. Batbold is expected to oppose Battulga in Mongolia’s presidential election in June.
“This application is brought to obtain critical evidence located in New York to identify the parties behind and help fight off the sham lawsuits brought on three continents,” Batbold said in a court filing in New York Tuesday.
Battulga, a onetime martial arts champion who has been compared to Donald Trump, rose to power in 2017 in part by stoking populist anger over what he depicted as the theft of Mongolian natural resources by multinational giants. He cast blame on previous Mongolian politicians who he said sold the country out to foreign mining interests.
Batbold was accused along with several other individuals of orchestrating a corruption scheme involving two major Mongolian mines that generated $250 million in illegal profits. Lawsuits were filed against Batbold and others in U.S., U.K., Hong Kong, Singaporean and Mongolian courts by a Mongolian government agency and two state-owned mining companies. The agency also has New York federal court action seeking records of financial transactions involving Batbold from JPMorgan Chase & Co.
But Batbold alleges those plaintiffs are likely a front for Battulga. He is also opposing the Mongolian government’s attempts to access records from JPMorgan.
“The case we filed today in the United States District Court exposes the true political motive behind these foreign lawsuits and the threat they pose to Mongolian democracy,” Orin Snyder, Batbold’s lawyer, said in an emailed statement.
Batbold filed his case under a U.S. statute allowing participants in foreign court proceedings to request documents or other evidence in the U.S. He is seeking a court order allowing him to obtain evidence from the New York-based investigative firm K2 Integrity, which has been probing public officials in Mongolia and has assisted in litigation against the former prime minister.
K2 didn’t immediately respond to a request for comment. Representatives for Battulga couldn’t immediately be reached for comment. Lawyers representing Mongolian entities accusing Batbold of corruption didn’t immediately respond to requests for comment.
As president, Battulga has cozied up with Russian President Vladimir Putin and engineered legislation that gave him the power to fire judges and top law enforcement officials.
Calling himself a “steadfast advocate of democracy,” Batbold claims the suits accusing him of corruption are part of a pattern of authoritarian behavior by Battulga. “Under Battulga’s grip, Mongolia’s young democracy is in jeopardy as it slides toward authoritarian rule,” Batbold said in his filing
— With assistance by Robert Burnson
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Mongolian officials receive first injections of Chinese COVID-19 vaccine www.xinhuanet.com

Mongolian Deputy Prime Minister Sainbuyan Amarsaikhan and Mayor of Ulan Bator Dolgorsuren Sumiyabazar on Wednesday received their first shots of a COVID-19 vaccine donated by China.
Mongolia launched a COVID-19 vaccination campaign across the country on Feb 23, and more than 30,400 people have been vaccinated so far, according to the country's Health Ministry.
The country plans to vaccinate at least 60 percent of its 3.3 million people using four types of COVID-19 vaccines, and 20 percent will be vaccinated under COVAX, a global initiative for equitable access to COVID-19 vaccines, said the ministry.
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Erdenes-Tavantolgoi JSC introduces business growth plan for coming years www.montsame.mn

Ulaanbaatar /MONTSAME/. Gankhuyag Battulga, CEO of Erdenes-Tavantolgoi JSC today, March 10, delivered a press briefing to give update on some timely issues.
On March 9, the state-owned company’s board of directors convened and approved a business plan ‘A6-20’ defining the company’s growth goals and targets in coming years. As stated in the plan, Erdenes-Tavantolgoi JSC will implement 20 large-scale projects until 2025, including development of coal concentrate, Tavantolgoi power plant and a water supply project, achieving huge growth.
As a result, annual coal production of the company will hit 45 million tons, sales revenue will grow up to MNT 10 trillion with net profit reaching MNT 3.7 trillion and dividends totaling about MNT 700 billion will be distributed in a year and job places created by Erdenes Tavantolgoi will increase to 5,500. According to Gankhuyag, a citizen holding 1,072 shares of the company will become entitled to receive around MNT 669,000 as dividends between 2023 and 2025.
The company’s board also held another meeting on February 19 and made a decision that it would not pay dividends from the net profits it earned in 2020. However, the final decision will be approved by a forthcoming shareholders’ meeting.
The COVID-19 pandemic has interrupted the operations of the Erdenes-Tavantolgoi JSC in 2020 by a considerable amount. The company’s annual financial result for 2020 showed that Erdenes-Tavantolgoi JSC’s coal production reached 13.1 million tons and sold 11.9 tons of coal, earning MNT 1.6 trillion as sales revenue and MNT 161 billion as net profit.
If dividends will be paid from its net profit of MNT 161 billion, each citizen owning 1,072 shares will receive around MNT 12,000. As a comparison, the company paid MNT 96,480 to each holder of 1,072 shares last year.
“Erdenes Tavantolgoi JSC has gained parliament’s approval for partial IPO to sell some of its stocks on international markets in order to carry forward its development projects. Now, the company will issue bonds on the domestic market to raise fund” said CEO Gankhuyag.
Some MNT 2 trillion worth of bonds will be issued, as planned by the company, which has submitted its request to the Financial Regulatory Commission and Mongolian Stock Exchange on March 5 to issue bonds amounting to MNT 800 billion in the first phase for the implementation of major projects such as construction of strategically important railways, coal processing and thermal power plants.
The state-owned Erdenes-Tavantolgoi JSC was established on December 23, 2010 under the respective decisions of the State Great Khural and the Government for the purpose of utilizing the Tavantolgoi deposit for the benefit of the citizens of Mongolia. The main objective of Erdenes-Tavantolgoi JSC is to put strategically important coal deposit into
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