1 CHINA’S MONGOLIAN COAL IMPORTS UP 20% IN OCT, RUSSIAN IMPORTS SLIP 18% WWW.BRECORDER.COM  PUBLISHED:2025/11/21      2 S.KOREA-MONGOLIA JOINT COMMITTEE MEETING REAFFIRMS MINERAL COOPERATION WWW.KOREAPOST.COM PUBLISHED:2025/11/21      3 TEAM MONGOLIA FROM PHYSICAL ASIA: WHERE ARE THEY NOW? WWW.MOVIEDELIC.COM PUBLISHED:2025/11/21      4 N.UCHRAL: I’LL BE LENIENT WITH THE RIGHT, STRICT WITH THE WRONG WWW.GOGO.MN PUBLISHED:2025/11/20      5 MONGOLIAN BANKING SECTOR'S NET FOREIGN ASSETS DECLINE 16.1 PCT IN OCTOBER WWW.XINHUANET.COM PUBLISHED:2025/11/20      6 ON THE TALKS OF SECRETARY-GENERAL WITH THE MINISTER OF FOREIGN AFFAIRS OF MONGOLIA WWW.ENG.SECTSCO.ORG PUBLISHED:2025/11/20      7 MONGOLIA UNIFIES TO COMBAT NEW THREATS TO SNOW LEOPARDS WWW.SNOWLEOPARD.ORG PUBLISHED:2025/11/20      8 AMERICAN-CANADIAN BILLIONAIRE OPENS $2-BILLION PLATINUM MINE IN SOUTH AFRICA WWW.AFRICA.BUSINESSINSIDER.COM PUBLISHED:2025/11/20      9 EDUCATION INFRASTRUCTURE: 12 SCHOOLS, 24 KINDERGARTENS SET FOR 2025 LAUNCH WWW.MONTSAME.MN PUBLISHED:2025/11/20      10 MONGOLIA JAPAN HOSPITAL INTRODUCES SELECTIVE LASER TRABECULOPLASTY SYSTEM WWW.AKIPRESS.COM PUBLISHED:2025/11/20      Н.УЧРАЛ: ХУУЛЬ ТОТООХ ДЭЭД БАЙГУУЛЛАГААС ХУЛГАЙН СЭЖИГТНҮҮД БИШ ХУУЛЬ ТӨРЖ БАЙХ ЁСТОЙ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/21     ТЭРБУМ МОД САНГИЙН ТӨСЛИЙН СОНГОН ШАЛГАРУУЛАЛТ ЗАРЛАГДЛАА WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/11/20     ОЙЖУУЛАЛТАД ХАМГИЙН ИХ ХӨРӨНГӨ ОРУУЛАЛТ ХИЙЖ БАЙГАА ХУВИЙН ХЭВШЛИЙН САНГААР ТЭРБУМ МОД САНГ НЭРЛЭЛЭЭ WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/11/20     МОНГОЛД ГАДНЫ БАНК НЭЭХ НЬ ХЭРЭГЛЭГЧДЭД ӨГӨӨЖТЭЙ Ч ДОТООДЫН БАНК САНХҮҮГИЙН САЛБАРТ ЭРСДЭЛТЭЙ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/11/20     ӨНГӨРСӨН САРД 11 УЛСЫН 240 ИРГЭНИЙГ АЛБАДАН ГАРГАЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/11/20     Х.НЯМБААТАР: ГАНДАН ОРЧМЫГ НОГООН БАЙГУУЛАМЖ БҮХИЙ ЖИШИГ ГУДАМЖ БОЛГОН ТОХИЖУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/20     ОЮУ ТОЛГОЙ ТӨСЛИЙН ХУВЬ НИЙЛҮҮЛЭГЧДИЙН ЗЭЭЛИЙН ХҮҮГ БУУРУУЛАХ ХЭЛЭЛЦЭЭ ҮРГЭЛЖИЛЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/11/20     УИХ-ЫН ДАРГААР Н.УЧРАЛ СОНГОГДЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/20     "ЧИНГИС ХААН" ОДОН ХҮРТЭЖ БУЙ С.НАРАНГЭРЭЛ ГЭЖ ХЭН БЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/20     ОХУ-ЫН БАНК САЛБАРАА МОНГОЛД НЭЭХ ҮҮ? WWW.NEWS.MN НИЙТЭЛСЭН:2025/11/20    

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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Cabinet sets maximum number of alternative military personnel www.zgm.mn

The Cabinet approved the maximum number of personnel to serve in the alternative military service in 2020. Governors of rural areas and Ulaanbaatar city were obliged to organize military recruitment activities in each of their regions pursuant to the relevant rules and regulations of the alternative military service in accordance with the Law on Military Service. Alternative military service enlistment is organized every year with a view to ensure proper implementation of the defense legislation and provide military training and education to the Mongolian citizens.

The citizens who are enlisted in the alternative military service take part in defense activities in rural areas and assist in actions to combat natural disasters and other large-scale disasters and to enforce quarantine when necessary. Furthermore, they are responsible for actively participating in the development projects in rural areas of the country.

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Russian President to visit Mongolia www.montsame.mn

Ulaanbaatar /MONTSAME/ President of the Russian Federation V.V.Putin is to arrive in Mongolia on September 2. President Kh.Battulga will welcome him on September 3 at the Central Square.

Heads of the two countries are expected to hold tete-a-tete meeting at the State House and lay wreaths to Marshal G.K.Jukov’s monument. Moreover, the Russian President will attend events to mark the 80th anniversary of Victory of the Battle of Khalkhiin Gol, which are taking place in Khalkhgol soum of Dornod aimag.

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Mongolia to be involved in Child Protection Compact Partnership www.montsame.mn

Ulaanbaatar /MONTSAME/ Director General of the Consulate Department of the Ministry of Foreign Affairs L.Munkhtushig and Deputy Director of MFA’s Department for Americas, Africa and Middle-East D.Ganbold yesterday met with delegates led by Ms. Jane Sigmon, Senior Advisor to the Director of the U.S. State Department’s Office to Monitor and Combat Trafficking in Persons.

Mongolia is to be involved in a Child Protection Compact (CPC) Partnership, which is one of assistance programs provided by the U.S. to other countries, and the sides exchanged views on establishing the compact partnership.

A CPC Partnership is significant to intensify efforts and improve coherence between the Government of Mongolia and civil society organizations that are combating child trafficking and resolving issues related to it. By involving in the compact partnership, financing of USD 5 million is available to be granted within U.S. assistance for combating human trafficking for the activities and efforts to protect children and combating child trafficking in Mongolia.

The United States signed the first CPC Partnership with Ghanaian Government in 2015 and since then the partnership has been established with Philippines, Peru and Jamaica.

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Very early snow expected in Mongolia www.news.mn

Early snow is expected in the mountainous areas of Mongolia later this month. For most parts of Mongolia, rain has been forecast for 28-31 August.

According to S.Enkhtuvshin, Head of the National Agency for Meteorology and Environment Monitoring of Mongolia, there was much more than average rainfall in late July and early August.

A total of 108-181 mm fell in Selenge, Dakhan-Uul, Tuv, Khentii, the northern parts of Bulgan, the eastern parts of Khuvsgul, the border region between Arkhangai and Uvurkhangai Provinces as well as in Ulaanbaatar itself.

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Russia to build €2bn bridge as part of route linking Europe & Western China www.rt.com

Authorities in Russia’s Samara Region are ready to begin construction of a 4km-long (2.5 miles) bridge across the Volga; it is the first part of an ambitious international traffic corridor linking Europe with Western China.
The bridge will cost 120.8 billion rubles (€1.6 billion or $1.8 billion), according to the latest version of the construction agreement.

Half of that sum will be allocated as a capital grant from the regional budget, the rest of the financing will be raised by the investor, Obkhod Togliatti (Togliatti bypass). The bridge will be part of the new highway linking Moscow and Kazan, the capital of Russia’s Tatarstan republic.

The new road will greatly reduce travel time from Moscow to Kazan, as well as to another large city in Central Russia – Samara – from the current 16 to 8 hours, project papers state.

Construction is set to begin later this year, and the bridge is scheduled to become operational by 2024. It is thought it could be built by the Mostotrest company, which is owned by Russian billionaire Arkady Rotenberg, but that information has not yet been confirmed by authorities.

In total, the project will involve building 96km (60 miles) of road and 3.75km (2.4 miles) of the bridge. The project is part of the Europe-Western China international transport corridor, commissioned by President Vladimir Putin.

Investors plan to charge a motorway toll, with payments ranging from 200 rubles ($3), for cars less than two meters high, and up to 1,200 rubles ($18.20) for vehicles taller than 2.6 meters depending on the number of axles.

The new bridge will eventually take the baton from the Crimea Bridge to become Russia’s most ambitious infrastructure project. The arterial route linking the Crimean Peninsula with mainland Russia had its first train line completed last month, while the motorway part of it has been operational since May. At 19km long (11.9 miles), the Crimean Bridge is the longest in Europe.

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President attends AmCham monthly meeting www.zgm.mn

The President of Mongolia Battulga Khaltmaa delivered the keynote speech for the August monthly meeting of the American Chamber of Commerce (AmCham) in Mongolia. The President stated that parliamentary elections can pose unstable political conditions, which negatively affect entrepreneurs and investors.

Mr. Battulga also affirmed that he is looking forward to expanding economic cooperation with the U.S, Mongolia’s new Strategic Partner. Currently, total trade turnover is only at 1.7 percent for Mongolia and noted that a roadmap for economic expansion of the strategic partnership should be created. He further stated that Mongolia lacks standardized technologies and investments and that he hopes AmCham Mongolia will implement some projects to address these issues.

“The United States is our third neighbor, an important political and economic partner for us. The development of trade and investment cooperation with the United States is highly important to Mongolia. As you know, I have made an official meeting with President Donald Trump at the White House and announced that the relations between our two countries reached the “Strategic Partnership” level. Currently, there are five to 10 projects that are ready to be implemented, which will be supported by the government and approved by Parliament,” the President said.

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MSE holds open event to demonstrate capital market knowledge www.zgm.mn

In order to improve capital market knowledge of rural citizens, Mongolian Stock Exchange (MSE) JSC organized ‘Capital Markets Open Day’ event in Arkhangai and Khuvsgul provinces on August 19-24, 2019 in cooperation with Mongolian Central Securities Depository, Erdenes Tavantolgoi JSC and Goodsec LLC.

During the event, the training covering basic capital market concepts and the ways to participate in the market through investing and capital-raising were provided to local citizens and corporates.

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Total revenue of top companies raises www.zgm.mn

The total net profit of the top 12 largest companies which lead the top 20 Index by trading volume and activity reached MNT 52 billion. For example, LendMN NBFI JSC’s net profit doubled and totaled MNT 2.5 billion. As of August, 80 of 200 MSE-listed companies have announced their financial results for the first half of 2019.

Tavantolgoi JSC accounted for 44 percent of the top 20 index’s total revenue. The company’s net profit increased 19 percent, to MNT 23 billion compared to the same period of last year. Sales revenue of the company reached MNT 123.7 billion, increasing by 36.7 percent as the coal price and exports were stable. SUU JSC, one of the main players in the food sector, also increased its net profit by 71 percent, to MNT 4.79 billion.

However, some companies’ net profit did not grow but the sales revenue rose. Gobi JSC, one of the biggest companies in the cashmere industry, saw a growth. The company’s sales revenue increased by 23 percent, to MNT 68.3 billion. Gobi is planning to expand its operation into several global markets.

In addition, APU JSC’s sales revenue increased by 2.8 percent, to MNT 102.3 billion, even though the company’s income has decreased. As the expense of the company rose by MNT 12.25 billion, profit shrunk.

Although the profitability of the companies is different, an increase in sales revenue has resulted in the semi-annual reports.

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Mid-term assessment on ‘Whole Liver-Mongolia’ national program ongoing www.montsame.mn

Ulaanbaatar /MONTSAME/. The mid-term assessment of the national program, ‘Whole Liver-Mongolia’, is jointly being done by the Ministry of Health and the World Health Organization. In the framework of the assessment, corresponding officials of the ministry, WHO and the National Center for Noncommunicable Diseases worked at the National Blood Center, and did assessments on three issues: ‘Safety of blood and blood products, storage, infection control, sterilization and disinfection, and waste’, ‘Laboratory operations’, and ‘Immunization, prevention after infection, donor training and promotion’.

The assessment was conducted by WHO consultant, Dr. Yuka Jinnai, specialist at the Ministry of Health S.Enkhjin, specialist at the WHO Mongolia Office P.Anuzaya and specialist at the National Center for Noncommunicable Diseases.

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Facial recognition specialist Megvii plans share sale www.bbc.com

A leading Chinese facial recognition provider has filed papers for a listing on Hong Kong's stock exchange.

Megvii - the maker of the Face++ system - is one of the country's best known artificial intelligence (AI) companies.

Earlier this year, a Western study suggested its face-checking tech was more accurate than rival systems from Amazon and IBM.

But it comes at a time when campaigners are voicing concerns about facial recognition's use for surveillance.

There have also been reports that the White House has considered adding Megvii to a trade blacklist that would prevent it making use of US-origin software and components.

Face maps
Face++ has been used in consumer-focused hardware, including:

smartphones made by Huawei, Xiaomi and Vivo
laptops made by Lenovo
Didi Chuxing's ride-hailing app to let passengers check the driver's identity
"smile-to-pay" terminals tested within KFC restaurants by Alibaba
the Chinese dating website Jiayuan, which offered a way to automatically find faces a user was likely to be attracted to based on their preferences
But it says that most of its current revenue comes from "smart city" applications, which include facial recognition and other "security management" tasks at workplaces, educational institutions and major events.

It has also been reported that the Beijing-based firm's tech has been used to help make thousands of arrests in China, and has been pitched to police departments in other countries.

The technology works by first detecting human faces in an image.

Then it creates a pattern determined by where a person's eyes, lips, chin and up to 1,000 other key features are located.

It can then check whether the pattern matches that of a device's owner, or cross-reference it against a wider database containing facial maps for an "unlimited" number of people provided by the client in order to identify a subject or flag if they appear similar to someone on a watch list.

In addition to being able to carry out face searches, the firm says its technology can also be used to detect emotions, provide beauty scores, track eye-gaze and body gestures, and evaluate the health status of a person's skin.

Most recently the company announced a tie-up with an Austrian firm, Ams, to start offering 3D-depth sensing facial recognition.

In addition, it has released Hetu - an operating system for warehouse robots - which it says is already being used by Alibaba's Tmall subsidiary.

The firm has said that part of the proceeds of the stock sale would be used to fund further research.

It booked a 3.35bn yuan ($468m; £383m) loss in its last financial year, and a further 5.2bn yuan loss for the first six months of this year.

But its area of expertise makes it a flag-bearer for the Chinese government's ambition to overtake the US and become the leading AI innovator by 2030.

It was valued as being worth about $4bn in May.

Toppled lamppost
Megvii has not publicly disclosed how much it intends to raise, but the Reuters news agency reported that the flotation was aimed at raising between $500m to $1bn (£410m to £820m).

The firm's Chinese-language prospectus does, however, spell out a long list of possible risk factors including:

further US-China tariffs or even an all-out "trade war"
the possibility of the US imposing "severe restrictions" on its business partners, in a similar manner to those already faced by Huawei
the "uncertainty of the Chinese legal system", which can make it difficult to be sure of being in compliance with the country's rules
Furthermore it adds that it could be damaged by "rumours" about the abuse of its AI technology.

This has been interpreted by some to reference the fact that earlier this year, Human Rights Watch claimed to have evidence that Face++ was being used as part of efforts to repress Uighur Muslims in China. The campaign rights group subsequently retracted the allegation and issued a correction.

Megvii also faces the fact that facial recognition is becoming an increasingly controversial subject.

In Hong Kong itself, protesters have demanded the removal of so-called smart lampposts over fears they could be used to carry out facial ID checks. Last weekend, footage was shared on social media of one such structure being cut down with an electric saw.

The Financial Times has reported that the EU plans new regulations to restrict use of facial recognition and make sure citizens are notified when it has been deployed, despite the fact the topic was already addressed in the recently-introduced General Data Protection Regulation (GDPR).

And in the US, three cities have banned federal agencies from using the tech, while politicians in the Senate and Congress are considering new laws to curtail its use by government and commercial bodies.

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