1 39 MONGOLIAN STUDENTS TO STUDY IN GERMANY UNDER “PRESIDENT'S SCHOLAR - 2100” PROGRAM WWW.MONTSAME.MN PUBLISHED:2025/07/30      2 MONGOLIAN FLAG CARRIER TO START NON-STOP FLIGHTS BETWEEN SINGAPORE AND ULAANBAATAR FROM NOV 4 WWW.STRAITSTIMES.COM PUBLISHED:2025/07/30      3 WHEN CHINA SNEEZES, MONGOLIA CATCHES A COLD WWW.INTELLINEWS.COM PUBLISHED:2025/07/30      4 MONGOLIA–JAPAN INTERNATIONAL BUSINESS INNOVATION FORUM TO BE HELD ON AUGUST 18 WWW.MONTSAME.MN PUBLISHED:2025/07/30      5 GREENHOUSE PROPAGATION TECHNOLOGY FOR CONIFEROUS TREES UNDER TESTING WWW.MONTSAME.MN PUBLISHED:2025/07/30      6 DIRECT FLIGHTS FROM KOREA TO MONGOLIA'S KHUVSGUL LAUNCHED WWW.AKIPRESS.COM PUBLISHED:2025/07/30      7 8 KILLED, 41 INJURED IN ROAD ACCIDENTS IN MONGOLIA OVER NAADAM FESTIVAL WWW.XINHUANET.COM PUBLISHED:2025/07/30      8 CONSOLIDATING PARLIAMENTARY DEMOCRACY IN MONGOLIA WWW.VERFASSUNGSBLOG.DE  PUBLISHED:2025/07/29      9 MONGOLIA’S NEW CHALLENGE: ILLEGAL DRUGS WWW.THEDIPLOMAT.COM PUBLISHED:2025/07/29      10 PRESIDENT OF MONGOLIA PARTIALLY VETOES PARLIAMENTARY RESOLUTION ON THE IMPLEMENTATION OF “GOLD-3” NATIONAL CAMPAIGN WWW.MONTSAME.MN PUBLISHED:2025/07/29      ГАНГИЙН ЭРСДЛИЙН ҮНЭЛГЭЭГЭЭР ТАВАН АЙМАГ ЭРСДЭЛ ИХТЭЙ ГАРЧЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/30     МОНГОЛЫН КОКСЖИХ НҮҮРСНИЙ ҮНЭ ХЯТАДЫН БООМТУУДАД ДАХИН ӨСЛӨӨ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/30     НИЙСЛЭЛД ХЭРЭГЖҮҮЛЖ БУЙ МЕГА ТӨСЛҮҮДЭД ХАМТРАН АЖИЛЛАХААР САНАЛ СОЛИЛЦЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/30     ОХУ-ЫН ШАТАХУУН ЭКСПОРТЫН ХОРИГ МОНГОЛ УЛСАД ҮЙЛЧЛЭХГҮЙ WWW.NEWS.MN НИЙТЭЛСЭН:2025/07/30     ЕРӨНХИЙ САЙДЫН АХЛАХ ЗӨВЛӨХӨӨРӨӨ Б.ДАВААДАЛАЙГ ТОМИЛЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/30     НИЙТИЙН ЭЗЭМШЛИЙН 50 БАЙРШИЛД ТӨЛБӨРТЭЙ ЗОГСООЛ БАЙГУУЛЖ, ТОХИЖИЛТ ХИЙГДЭЖ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/07/30     “MONGOLZ” БАГ УКРАИНЫ “NATUS VINCERE” БАГТАЙ БААСАН ГАРАГТ ТОГЛОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/07/30     МӨРӨН НИСЭХ БУУДАЛ АНХ УДАА ОЛОН УЛСЫН НИСЛЭГ ХҮЛЭЭН АВЛАА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/29     ХОТЫН ДАРГА Х.НЯМБААТАР БЭЭЖИН ХОТЫН ДАРГА ИН ЮНТАЙ УУЛЗАВ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/29     ЧИНГИС ХААН БАНКНЫ ӨР ТӨЛБӨРТ ХӨРӨНГӨ АВАХААР БОЛЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/29    

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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Construction of Mongolian national film studio commences www.zgm.mn

Within the framework of the Maidar eco-city project, the groundbreaking ceremony of Chinggis Khaan, Mongolian National Film Studio takes place in Zuunmod soum, Tuv province. The first studio construction work will begin in summer.

The project leader estimates that a total of over USD 40 million investment is planned for the construction of five studio projects. The complex consists of nine studios, a production facility, an open-film shooting station, and full-service offices with modern standards.

The government decided to develop the Maidar eco-city project, which will be built as the second biggest developed city after Ulaanbaatar. The project will create apartments with a capacity of accommodating 200,000 people. According to a pre-estimation, USD 3 billion investment will be required for its infrastructure. The first phase of Maidar construction will finish in 2030.

“We hope the project will enable international artists to create a film about Mongolia’s history, folklore, and traditions, and to create their own works from our cultures,” emphasized the President of Mongolia Battulga Khaltmaa at the opening ceremony of the National Silm Studio of Mongolia.

The studio will feature a dubbed, undubbed, and post-processing film with modern equipment and technology.

In addition, all types of items used for the workshop and film production will be stored in an environment that meets the standard requirements for filming.

The project initiators expect the movie studio to be capable of taking pictures of the four seasons of nature and shooting all kinds of films, including urban, natural, and traditional culture.

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IFC mulls financing package of up to $70m for Mongolia’s Khan Bank www.dealstreetasia.com

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed to extend a five-year financing package of up to $70 million to Mongolia-based lender Khan Bank, according to a disclosure. The financing package entails subscription to a five-year US dollar-denominated green bond of up to $30 million, and provision of five-year sub-debt of up to $40 million from IFC’s own account. The green bond will represent the first issued by a private sector company in the country. Through the partnership with Khan Bank, IFC aims to strengthen the capital base of the bank and to promote financing support to micro, small and medium enterprises (MSMEs). IFC has been a shareholder in Khan Bank since 2004, providing both financing and advisory support to the bank. The bank is the largest in Mongolia in terms of assets and has nationwide coverage of 537 branches. Shareholders of Khan Bank include Japan’s Sawada Holdings (41.30 per cent stake) and Tavan Bogd Trade (22.96 per cent), a Mongolian conglomerate engaged in businesses such as international trade, food production and services, and hospitality. The rest of the shares are owned by D. Khulan, director at Khan Bank, who holds a 13.32 per cent stake, and H.S. International (Asia) Limited (13.10 per cent) and IFC (9.32 per cent). As of December 2018, IFC had committed about $1.5 billion in Mongolia, supporting key sectors such as mining, banking, microfinance, hospitality, and services.

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Turquoise Hill Provides Update on Parliamentary Working Group Report www.turquoisehill.com

Turquoise Hill Resources Ltd. (“Turquoise Hill”) today provided an update on a Mongolian Parliamentary Working Group Report (the “PWG Report”) regarding certain contractual agreements with the Government of Mongolia that underpin Turquoise Hill’s investment in the Oyu Tolgoi copper-gold mine.
On May 3, 2019, a summary of the PWG Report was received by our 66%-owned Mongolian subsidiary, Oyu Tolgoi LLC, which in turn owns the Oyu Tolgoi mine. Yesterday, Oyu Tolgoi LLC provided the Economic Standing Committee (“ESC”) with a written response to the summary of the PWG Report.
At this time, it is our understanding that the timeline to review the PWG Report by the ESC has not been fully established.
Ulf Quellmann, CEO of Turquoise Hill, is in Mongolia actively working on this matter with the Oyu Tolgoi LLC team as well as Rio Tinto.
Turquoise Hill will further update the market in due course.

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Kincora raises C$6M for Mongolia exploration www.mining-journal.com

The private placement includes 60 million 10c units, each comprising one share and one warrant entitling a holder to acquire a further share at 25c each for a two-year term.

The company's largest shareholder, LIM Asia Special Situations Master Fund, has said it will subscribe for its pro rata share of the offering, which is about 28%, after an independent technical review of Kincora's targets and proposed work programmes.

Kincora also said it had received strong indicative support from insiders, including existing and new shareholders.

Chairman Cameron McRae said he was glad Kincora had attracted a strong cornerstone position from its largest shareholder and interest from other experienced institutional resource sector specialist and high net-worth investors.

"This offering has been structured to align the immediate and medium-term capital markets strategy to our asset portfolio of five standalone, large and drill ready porphyry targets. Success on any one of these targets would indicate a new globally significant copper discovery," he said.

CEO Sam Spring said the offering would "provide a strong foundation for the drill bit to again drive Kincora's valuation going forward, ramping up our exploration and expansion activities".

In March, Spring told Mining Journal Kincora was gearing up to drill anywhere between 9,000 and 18,000m at Brown Fox and Tsagaan Suvarga in the hope of making the first globally significant discovery since 2014.

Kincora's shares (TSXV:KCC) were trading at 8.5c Tuesday, down 5.56% from the previous close and 34.6% lower than at the start of the year.

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Mongolia launches national campaign to protect environment www.xinhuanet.com

ULAN BATOR, May 7 (Xinhua) -- Mongolia has launched a national campaign to protect the environment, according to a statement on the website of the country's Environment and Tourism Ministry on Tuesday.

The month-long campaign aims to raise public awareness of environmental protection and intensify efforts to protect environment, especially rivers and lakes, the ministry said in the statement.

During the national campaign starting on Monday, employees of the government, non-governmental organizations and companies will clean several major rivers and lakes across the country.

In addition, the ministry and relevant agencies plan to hold numerous activities, including publicity campaigns on environmental protection and volunteering to plant trees along river banks.

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See the ‘Hu’ live in UB www.news.mn

Internationally recognized Mongolian rock band the ‘Hu’ will give concerts in Ulaanbaatar on 23- 24 May just before they begin their European tour. These will take place at the White Rock Centre at 7.00 p.m. Tickets are available online (www.ticket.mn) from today at a price of MNT 99,999.

The ‘Hu’ has been becoming famous internationally as their song ‘Wolf Totem’ reached No. 1 on Billboard’s Hard Rock Digital Song Sales. The band is now preparing to tour Europe. This will begin in Berlin on 6 June and continue until 6 July. Tickets for the concerts will be available from 3 May.

Formed in 2016, the four-member band from Mongolia’s capital city of Ulaanbaatar, released a pair of songs last autumn. The ‘Hu’ incorporates traditional Mongolian instrumentation and throat singing into its music, resulting in material that’s often hard-hitting, though without the sounds that most heavy metal acts might utilize, namely electric guitar.

The Hu is currently prepping a debut album, Gereg, due via Eleven Seven Records.

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Defense Ministries of Mongolia and India hold consultative meeting www.montsame.mn

Ulaanbaatar/MONTSAME/. The Ninth Consultative Meeting between Defense Ministries of Mongolia and the Republic of India is taking place in Ulaanbaatar on May 6-8.

The meeting is being co-chaired by T.Dulamdorj, Deputy Defense Minister of Mongolia, and Mohinder Pratap Singh, Ambassador of the Republic of India to Mongolia, with presence of delegates of the parties.

During the consultative meeting, the parties exchanged views on current state of bilateral cooperation in defense sector and future collaboration issues. They discussed a broad range of issues including training military personnel, conducting joint peacekeeping and special force training and exercise, involving military personnel in English training and cooperating in information technology and military hospital fields.

The parties also decided to organize joint military exercise ‘Nomadic Elephant’ in India this year. In addition, 50 military-purpose parachutes have been donated as non-refundable aid to Mongolian side during the consultative meeting.

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Mongolia is diversifying its economy to build buffers over rapid growth www.cgtn.com

Rising gold and copper prices have helped fuel growth in Mongolia, which heavily relies on mining. But how does the country save for a rainy day when global demand for the metals used in electric car and renewable energy are rising?

The economic growth of Mongolia last year was 6.9 percent, the highest in four years. The Asian Development Bank (ADB) expects the country's growth to be 6.7 percent this year. Khurelbaatar Chimed, Mongolia's finance minister, cited the country needs buffers to avoid an increasing government debt.

“Three years ago, government debts accounted for 85 percent of our GDP, now [the percentage] is down to 58 percent. We need buffers,” said Chimed, noting that his country has created the stabilization fund and the wealth fund, and it's also necessary to be very careful about expenditure decide for the budget.

Mongolia has identified tourism as a sector that can be developed to diversify its economy and create jobs, setting a goal of hosting one million foreign tourists and making one billion U.S. dollars from the industry in 2020.

More infrastructure is needed, which is beneficial to both local Mongolians and other foreigners, according to Chimed.

China and Mongolia are eager to strengthen relations under the agreed flagship China-Mongolia-Russia Economic Corridor (CMREC), one of the key corridors under the Belt and Road Initiative (BRI).

Chimed cited it is historic for Mongolia to be part of the BRI, indicating that “Mongolia is looking at it [CMREC] as an opportunity and trying our best to be connected with other countries and take advantage of this strategy.”

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Mongolia launches fifth Innovation Week www.xinhuanet.com

ULAN BATOR, May 6 (Xinhua) -- Mongolia on Monday here launched its fifth Innovation Week to promote creativity in the public and private sectors.

The week under the theme of "Joint Innovation" is being co-organized by the Mongolian Ministry of Education, Culture, Science and Sports, the Mongolian Academy of Sciences, the Mongolian National Chamber of Commerce and Industry, several universities and other relevant institutions.

The event aims to create cultural innovation and develop creative thinking and innovation skills in public and private organizations in order to promote the development of the country's society and economy, the Mongolian Ministry of Education, Culture, Science and Sports said in a statement.

In the week, a series of activities will be held in the Mongolian capital city of Ulan Bator, including an exhibition of innovative products, discussions about innovation and a contest to award innovative ideas and projects for business.

Since 2015, the Innovation Week has been annually organized in Mongolia.

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Mongolia, Korea discuss railway cooperation www.koreatimes.co.kr

Mongolia and Korea discussed cooperation on a railway network, in line with President Moon Jae-in's vision to connect the two Koreas and other neighboring countries, according to the Korea Rail Network Authority (KRNA) last week.

Proposed in August 2018, the so-called East Asian Railway Initiative aims to lay the foundation for cross-border reconciliation as well as boosting economies and security in the region. The targeted countries are the two Koreas, Mongolia, China, Russia and Japan.

KRNA said its chairman and CEO Kim Sang-gyun met President Khaltmaagiin Battulga and other top Mongolian officials, to talk about the "realization" of Moon's initiative.

Kim's meetings with Mongolian leaders were part of his two-nation trip, including Russia, from April 19 to 26.

"Mongolia, located at the heart of the Eurasian continent, is a core partner country of the New Northern Policy," Kim said. "It is expected that a further step toward the realization of the East Asian Railway Initiative will be made soon and a wide range of exchanges of railway technology between the two countries will be incorporated in the coming months."

Kim also met Minister of Mongolian Road and Transport Enk Amgalan and Mongolian Railways President Senggel Volt.

Kim agreed to form a working-level committee to strengthen cooperation with Amgalan, while signing a memorandum of understanding (MOU) with Volt.

The MOU includes construction and engineering of the Mongolian Railway Development Master Plan established in 2010, and exchanges of railway technology and personnel.

Accordingly, KRNA will help build the 247-kilometer Tavan Tolgoi-Gashuun Sukhait Railway and the 414.6-kilometer Tavan Tolgoi-Zuunbayan Railway.

KRNA will also co-host the Mongolian Railway Academy with the Korea Trade-Investment Promotion Agency (KOTRA) to train railway experts in Mongolia.

Kim took a trial ride on a Trans-Mongolian Railway train and a Trans-Siberian Railway train.

On his way home, he stopped at Khasan and Vladivostok in the Russian Far East.

In August 2018, President Moon said the railroad community would lead to greater cooperation among the concerned nations, comparing it to the European Coal and Steel Community that laid the foundations for the European Union.

He reiterated his visions for improving inter-Korean ties and economic cooperation, saying that improving inter-Korean relations was a "catalyst for denuclearization of the Korean Peninsula."

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