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    

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

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Australia to pour $190 million into hydrogen projects www.reuters.com

MELBOURNE (Reuters) - The Australian government on Monday set aside A$300 million ($191 million) to jumpstart hydrogen projects with the help of low-cost financing as the country aims to build the industry by 2030, the country’s energy minister said on Monday.

The hydrogen push marks one of the few areas where the conservative government’s ambitions align with renewable energy advocates, who fear the government’s support of coal and gas is thwarting efforts to cut carbon emissions.

Energy and Emissions Reduction Minister Angus Taylor said the government has a strong commitment to building a hydrogen industry, as it will create jobs and billions of dollars in economic growth over the next several decades.

“Importantly, if we can get hydrogen produced at under A$2 a kilogram, it will be able to play a role in our domestic energy mix to bring down energy prices and keep the lights on,” Taylor said in a statement.

As of 2018, it cost between roughly A$5 and A$7 per kilogram to produce hydrogen, depending on the technology used, according to the National Hydrogen Roadmap released last year. The roadmap said production costs would have to come down to between A$2 and A$3 to be competitive with other energy sources.

The Advancing Hydrogen Fund will be run and paid for by the government’s Clean Energy Finance Corporation (CEFC) and will focus on projects that demonstrate the technical and commercial viability of producing hydrogen at large scale.

The CEFC hydrogen fund will be working with the government’s Australian Renewable Energy Agency, which recently called for bids for hydrogen projects to be backed by A$70 million in grants.

“We see green hydrogen as offering the most credible pathway to decarbonisation for high emitting sectors,” CEFC Chief Executive Ian Learmonth said, pointing to the transport and manufacturing sectors.

Reporting by Sonali Paul. Editing by Gerry Doyle

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BoM auctions USD 1 billion amid declining exchange rate www.zgm.mn

Monetary policymakers have spent a total of USD one billion since the beginning of this year to stabilize the devaluation of Mongolian tugrik. The central bank traded USD 36.3 million on Thursday. The foreign exchange market remains fragile despite the interventions in the last four months as the pandemic impact to markets has been reflected in foreign exchange. The deficit of the balance of payments (BoP), which had a surplus a year ago, exceeded USD 80 million. Contracting investment, a 44 percent drop in exports, a trade deficit of USD 176 million, and a 14 percent decrease in imports have played a key roll in BoP loss Moreover, external debt repayments and high debt risk continue to affect the exchange rate. Mongolia’s total external debt has increased tenfold in the last 10 years, reaching USD 29.9 billion. In particular, it accounts for 220 percent of GDP. The country is expected to repay foreign debt worth USD 14-15 billion in 2020-2025, which is three times higher than the current official foreign exchange reserves of Mongolia. The election, which will be held in June, may also lead to unprecedented depreciation of the tugrik against the U.S dollar. Over the past three months, the tugrik briefly fell by MNT 35 against the U.S dollar, standing at MNT 2,788.46. According to the National Statistics Office (NSO), at the end of March 2020, the time deposit in domestic currency reached MNT 10.7 trillion, down by 4.2 percent or MNT 465.4 billion from the same period of the previous year. However, deposits in foreign currency amounted to MNT 3.7 trillion, increasing by 27.2 percent or MNT 789.4 billion year over year.

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Mongolia extends short visas until end of May www.news.mn

The State Emergency Commission of Mongolia has decided to extend the period of the heightened state of readiness until May 31. Therefore, foreign nationals who came to Mongolia on a temporary visitor with a visa duration of up to 90 days and not who have not been able to leave the country due to the border closure, need to apply for a visa extension. The visa duration will be automatically extended to May 31, 2020, however, these foreigners must visit the Mongolian Immigration Agency in person to apply for an extension.

Foreign nationals, who have already extended their visa duration, also need to apply for the extension again.

For more inquiries, kindly contact the ‘Immigration Information Hotline: 1800-1882 (08:30AM-05:00PM/week days)

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Mongolia reports one more COVID-19 case www.xinhuanet.com

Mongolia's National Center for Communicable Diseases (NCCD) on Saturday reported one newly confirmed COVID-19 case, taking the tally of all confirmed cases in the country to 39.

"A total of 350 tests for COVID-19 were conducted across Mongolia yesterday and one of them tested positive," Dulmaa Nyamkhuu, head of the NCCD, said at a press conference.

The latest case is one of 278 Mongolian nationals who were evacuated on a chartered flight from South Korea on Thursday night, Nyamkhuu said.

A French national, who became the first confirmed case of COVID-19 in Mongolia on March 10, returned to his homeland on Saturday morning after making a full recovery, the official added. Enditem

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Mongolian athletes stranded in Japan remain hopeful www.mainichi.jp

TOKYO (Kyodo) -- A group of Mongolian Paralympic athletes who came to Japan in February to train with hopes of competing in the now-postponed Tokyo Games have found themselves unable to return home amid the new coronavirus pandemic.

The six members of Mongolia's para-athletics team have extended their stay in Yaizu, central Japan, for more than a month so far due to restrictions imposed by the Mongolian government in response to COVID-19, the respiratory illness caused by the virus.

But while they are still uncertain as to when they can return, and confess to missing home, the athletes are determined to make the best of their situation, taking advantage of the excellence of facilities available in the Shizuoka Prefecture city.

"Since we are not sure when we can return to Mongolia, I've been concentrating on my training," Erdenechimeg Unurmaa, who competes in the women's throwing events, recently told Kyodo News through an interpreter.

"We can't change the fact that we can't return. I'm feeling a little homesick and want to see my family, but it can't be helped, so I try to make the most of this time by looking at it positively."

Manager Byambajav Enkhbaatar, four athletes and a coach were originally scheduled to train in Yaizu between Feb. 14 and March 11 before traveling to Dubai to take part in a tournament that doubled as a Paralympic qualifier.

However, the event was canceled because of the virus. Mongolia has also suspended all international flights arriving and departing from the country, recently extending the restriction until the end of May, according to the Japanese Embassy in Mongolia.

The one-year delay of the 2020 Summer Games was announced on March 24 in response to the global health crisis, which has disrupted the sports calendar throughout the world.

Byamba-ochir Garmaabazar, who is aiming to earn a berth for his Paralympic debut in Tokyo, said he was "shocked" after he learned the news of the postponement online.

Now into his third month with his Japanese hosts, who are covering the group's expenses, his goal is to "improve as much as possible until next year, and meet the expectation of those in Yaizu," which has supported the team as its host town since 2016.

The Mongolian para-athletics team is not the only group of athletes from overseas staying in Japan despite the postponement of the Tokyo Olympics and Paralympics.

In Izumisano in Osaka Prefecture, six marathon runners and two coaches from Mongolia have not been able to leave Japan although their training camp was scheduled to end on March 17.

South Sudan's athletics team remains in Maebashi, northwest of Tokyo, after the Gunma Prefecture city said in March it will continue to host the athletes until at least July.

However, the current virus pandemic has forced athletes and municipality officials to come up with precautionary measures as the number of confirmed cases of infection continues to rise in Japan.

The team in Yaizu spends most of their time either at the training facilities or their hotel rooms. Although the team used to eat out for lunch, the members now have takeout meals in their rooms to limit contact with others.

"I wear a mask whenever I go out. I try to go to bed early, before 10 p.m. and eat well to increase my immunity," Unurmaa said.

A 28-year-old competing in the F40 classification for athletes with short stature, she said she copes with her longing for home by calling her family every day. "I've never been overseas for so long, so there's a part of me that wants to go home," she added.

Since the outlook of the virus remains unclear, Yaizu has already reserved the team's accommodation until the end of May and is considering extending until June if necessary.

For the four Mongolian athletes, who usually train twice a day on weekdays at an outdoor field or a training gym, being stranded in Yaizu also represents an opportunity to be grasped.

Indeed, if there's a silver lining, it may be that the longer they remain here, the better their chances of competing if the games go ahead as rescheduled next year.

"I can concentrate on practicing because there is an environment that allows me to train," said Garmaabazar, who competes in the men's 800 and 1,500 meters in the T46 classification for athletes with upper limb disability.

"The facilities here have more to offer compared to those in Mongolia, so I'm very grateful. I try to make the most of it every single day."

According to manager Enkhbaatar, it is difficult for athletes to train every day in Mongolia, where the cold weather also prevents them from practicing outdoors until around May.

"There is absolutely no disadvantage of remaining in Yaizu," he said. "The athletes' performance has been improving and some of them have recorded their personal best."

Yaizu, a city with a population of about 139,000, is one of the 493 municipalities in Japan that have registered to welcome athletes from abroad under the government's host town initiative.

The initiative aims at providing opportunities for local residents to interact with overseas athletes through activities before and after the games.

While the coronavirus has prevented the city from hosting such events, several residents have reached out to the team by presenting the athletes with hand-drawn portraits or offering them local foods.

"Since people learned about the team staying in the city, more people have stood up to show support and encouragement," said Satoshi Onoda, a city official in charge of the program.

"I think it is difficult for athletes both physically and mentally, but they don't show it. It is our job to support them so they don't feel so stressed," he said.

In Izumisano in western Japan, where the Mongolian marathon team remains stranded, city officials have been trying to gather information about chartered flights by the Mongolian government.

However, a city official said some athletes have voiced concerns that even if they return to Mongolia, they will have to be isolated for weeks, which will prevent them from training.

The Tokyo Olympics are now slated to be held from July 23 to Aug. 8 next year, with the Paralympic Games following between Aug. 24 and Sept. 5.

Enkhbaatar, Mongolia's para-athletics manager, said, "I hope the situation with the virus ends so all athletes from around the world can train and compete fairly in the lead-up to the Paralympics."

 
 
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Overdue loans rise by 6.7 percent in Mongolia www.news.mn

The level of overdue loans and owed interest in the Mongolian banking system rose by MNT 120 billion to 6.7 percent of the total loan portfolio in the first quarter of 2020. The large sum of the outstanding loan stock is owed primarily by the process plant, construction and mining exploration sectors. According to reports by the Central Bank of Mongolia, the stockpile of poor-quality loans decreased by MNT 9 billion to 10.7 percent of the total loan portfolio in April from the previous month.

Loan demand among the Mongolian public is decreasing amid the coronavirus outbreak; commercial banks raised their qualifications of loan issue.

Subsequently, the Central Bank of Mongolia has begun postponing loans owed by lenders who have suffered financially due to coronavirus: 6596 of them have applied to postpone loans on average for 6.2 months. Furthermore, 90.4 percent of all credits are salary loans.

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Mongolian eSports player becomes European Champion www.montsame.mn

Ulaanbaatar /MONTSAME/. ‘PUBG Mobile Club Open’ European Championship tournament was held on April 24-25 and Mongolian eSports player Munkhbat ‘RobdiNNi’ Davaadorj placed first, out of 16, along with his team ‘KoninaPower’.

Winning the tournament, the team claimed the prize money of USD 15 thousand and got themselves a spot in the PUBG Mobile World Championship 2020.

CIS based team ‘KoninaPower’ roster includes Askar ‘DGR’ Akhmetov, Nursultan ‘Gonzo’ Nartbayev, Daniil ‘Tixzy’ Suchkov, Damir ‘AXZCER’ Omarov and Munkhbat ‘RobdiNNi’ Davaadorj.

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Parliament approves resolution to ensure financial and economic stability during COVID-19 www.montsame.mn

Ulaanbaatar/MONTSAME/. Yesterday, April 29, the plenary meeting of the Parliament approved a resolution on the measures to ensure financial and economic stability, prevent risks and make the digital transition in public services during the COVID-19 pandemic.

The resolution defines the direction of state policy and measures to be taken with a purpose to ensure financial and economic stability, prevent risks, and make the digital transition during the COVID-19 pandemic.

Moreover, it states to establish a healthy, reliable, transparent, open, publicly controlled, accessible and e-banking system, build a sound banking management system, reduce ownership concentration as well as transfer the bank into an open joint-stock company. It also reflects to improve the legal environment to supervise banks, inspect and take restructuring measures, continue the government's housing mortgage program, provide preferential financing to gold mining companies, and build required financial source with foreign and domestic market deals.

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Coal output of SouthGobi reaches 90,000 tons since export resumption www.zgm.mn

The border closure has adversely impacted sales and cash flows of Southgobi Resources Ltd. in the first and second quarters of 2020. Since the Shiveekhuren­-Sekhe border resumption, the company has been exported approximately 90,000 tons of coal within one month. In accordance with the company’s statement, coal will not be mined in May since existing coal has been purchased from the warehouse. SouthGobi also ceased major mining operations since February 11. The volume of coal export through Shiveekhuren-Sekhe is lower than usual and limited. China expects that fall in coal export will continue to affect the company’s revenue, cash flow, and profit. Southgobi Resource Ltd predicted a loss of USD 18 million in the first quarter of 2020 and the company’s net income stood at USD 2.1 million during the same period of the previous year. SouthGobi Ltd. shares traded at HKD 0.6 on the Hong Kong Stock Exchange, showing no fluctuation.

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MNCCI: Pandemic impact on construction industry remains high www.zgm.mn

According to a survey by the Mongolian National Chamber of Commerce and Industry (MNCCI), the COVID-­19 epidemic is affecting construction businesses, with an average of 96 percent of respondents saying it has had a “moderate to severe impact on operations”. About 48.7 percent of the respondents said that the pandemic had a severe impact on the construction business, while 28.2 percent admitted that it had a moderate impact. In terms of its impact on employment, 51 percent of respondents said it had a notable impact on the construction sector. The Mongolian Builders Associ­ation had previously reported that the construction sector is facing a shortage of professional staff. Industry experts also assume that COVID-­19 could lead to further job losses as some facilities in the construction sector come to a standstill.

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