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

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Congratulating the New Khamba Lama of Mongolia www.dalailama.com

Thekchen Chöling, Dharamsala, HP, India - His Holiness the Dalai Lama has written to the newly elected Khamba Lama of Gaden Thekchogling, the principal Buddhist Monastery in Mongolia, Geshé Jetsun Dorji (Javzandorj-Жавзандорж), to congratulate him on his new position.
Newly elected Khamba Lama of Gaden Thekchogling, the principal Buddhist Monastery in Mongolia, Geshé Jetsun Dorji (far right), outgoing Khamba Lama, Gabju Demberel Choijamts (far left), and His Holiness the Dalai Lama meeting with members of the media in Ulannbaatar, Mongolia on November 23, 2016. Photo by Tenzin Taklha
Newly elected Khamba Lama of Gaden Thekchogling, the principal Buddhist Monastery in Mongolia, Geshé Jetsun Dorji (far right), outgoing Khamba Lama, Gabju Demberel Choijamts (far left), and His Holiness the Dalai Lama meeting with members of the media in Ulannbaatar, Mongolia on November 23, 2016. Photo by Tenzin Taklha
In his letter His Holiness stated that the Dharma has great potential to contribute to the well-being of humanity because it is rooted in non-violence and compassion. However, this will only occur if those of us who have the opportunity to study and practise it. His Holiness added that when it comes to giving Buddhist teachings, it is important to keep in mind the aptitude and inclination of those being taught.
In a separate letter to the outgoing Khamba Lama, Gabju Demberel Choijamts, who is retiring due to his advanced age, His Holiness expressed admiration for the way he has promoted an approach to the Buddha’s teachings founded on study, reflection on what has been learned, and meditation on what has been understood. His Holiness wrote that the Khamba Lama had lived a meaningful life and that he had been happy to count him his friend for many years.
His Holiness assured both Khamba Lamas of his prayers and good wishes.
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Mongolia’s banks have listed – now for the hard part www.euromoney.com

Mongolia’s five big lenders have successfully completed their IPOs, doubling the size of the local stock market. But the challenge of attracting more foreign institutional investment remains.
A landlocked Asian frontier state squeezed between a former global power at war with its neighbour and a modern superpower suddenly lacking economic momentum would seem an unlikely place to go looking for ambitious policymakers bent on transforming an archaic banking sector.
But then Mongolia always did do things a little differently. In January 2021, when the central bank published an amended banking law, two particular demands stood out.
First, it required each of the five domestic systemically important banks (D-Sibs) to list a minimum of 5% of their shares on the local stock exchange by June 2022. Second, it told all lenders to dilute ownership by the end of 2023, to ensure that no individual owned more than 20% of a bank’s total shares.
It was always going to be a big ask to get each of the big-five operators – Khan Bank, Trade & Development Bank (TDB), XacBank, Golomt Bank and State Bank, which at the end of 2022 together controlled a little over 90% of all banking assets – to complete initial share offerings in just 18 months, in the teeth of the worst pandemic in a century.
BY
Elliot Wilson is Asia editor and Global Private Banking and Wealth Management editor. He joined the magazine in 2020 having been a regular contributor focusing on China and the Indian subcontinent, Russia and Eastern Europe/the CIS. He is based in Hong Kong.
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Czech Relations with Mongolia www.mzv.cz

Czechia is one of the most traditional partners of Mongolia, having established diplomatic relations since 1950 as the fourth country in the world and soon becoming Mongolia’s second largest trading partner. Prague implemented a number of projects that still have significant importance and visibility nowadays. Its geologists helped to discover the giant copper and molybdenum deposit mine in Erdenet (now 13.5% GDP), invested in other mines (tungsten, tin or fluorite), lead comprehensive geological mapping projects, build the „1st Hospital“, still the largest in Mongolia, and helped to establish a whole range of industries (leather, shoes, concrete …).
Though trade exchange collapsed after the fall of communism in 1989, the embassy has never closed and the development aid continued. In 1996-2017 (phasing out), the Czech development assistance to Mongolia ranged from power plants upgrades to forestry sector modernization. Nowadays, the biodiversity protection – from forestry (working with the EU and German GIZ) to the popular wild Przewalski horses (with horse being a symbolic animal in Mongolia) reintroduction programs lead by ZOO Prague belong among the most popular projects.
More than 1% of the Mongolian population passed through Czechoslovakia and it is common to meet Czech-speaking locals on the streets nowadays as well as to have a Czech speaker on Mongolian side during the official meetings. Many Czech industry employees now come from Mongolia (most frequently in its automotive sector). From January 2024, the quota of accepted applications will increase from 1,000 to 3,000 per year.
Almost 13.000 Mongolians, the largest community within the European Union and one of the largest in the world after South Korea and USA lives in Czechia. Vast majority of them are newcomers, unrelated to the pre-1989 era. Thanks to controlled labor migration, the Asian community including a growing number of students from Vietnam, Mongolia and the Philippines, is gaining importance in Czechia .
Czechia has also been involved in the NATO DEEP mission and in 2023 also renewed its observer level peacekeeping military exercise Khaan Quest. Its companies have provided the civil aviation control systems for the new Chingiskhan airport as well as the wastewater treatment plants for both the airport and the large Oyu Tolgoi mine.
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B.Bat-Erdene: Information about tourism in Mongolia reached about 500 million people around the world www.gogo.mn

B.Bat-Erdene, Minister of Environment and Tourism, gave the following information related to Mongolian tourism in 2023.
Information about tourism in Mongolia reached about 500 million people around the world, and the number of tourists who came this year exceeds the record of 2019.
At today's cabinet meeting, major decisions related to the development of winter tourism were made, such as maintaining international and domestic flights and implementing "Mongolian winter" marketing activities.
This month, we are also preparing to bring a team of influencers to promote winter tourism in Mongolia. In 2023-2024, it is planned to bring a total of six teams who work in the influencing sector.
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UN expert to assess independence of Mongolia’s justice system www.news.mn

The UN Special Rapporteur on the independence of judges and lawyers, Margaret Satterthwaite, will conduct an official visit to Mongolia from 6 to 15 November 2023.
During her visit, Satterthwaite will assess the measures taken by the Government to ensure the independence and impartiality of the judiciary and prosecutors, as well as the independent exercise of the legal profession.
The Special Rapporteur will address issues related to the structure, organisation and functioning of the judiciary; the administration of justice; the protection of the actors of the justice system; fair trial, including from a gender perspective. She will also examine equal access to justice and legal assistance, seeking to understand how ordinary people in Mongolia experience the judicial system.
The expert will meet Government officials and members of the Parliament, judges, prosecutors and lawyers. She will also meet representatives of civil society, academia, UN agencies, donors and the diplomatic community.
Satterthwaite will hold a press conference on Wednesday 15 November at 11:30 local time at the UN House. Access is strictly limited to journalists.
The Special Rapporteur will present her report to the Human Rights Council in June 2024.
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IFC Appoints Jack Sidik as Country Manager for China, Mongolia, and Korea www.ifc.org

IFC, a member of the World Bank Group, has appointed Jack Sidik as Country Manager for China, Mongolia, and Korea. This move reassures IFC's commitment to drive sustainable and inclusive private sector solutions with clients and partners in the three countries.
Based in Beijing, Sidik will manage investment and advisory programs that support climate projects, micro, small, and medium-sized enterprises (MSMEs), women and farmers. In Mongolia, he will especially focus on promoting sustainable mining and economic diversification. In Korea, his priorities include engaging with Korean development partners and encouraging sustainable cross-border investments in emerging markets.
"Overlapping global crises have deepened inequalities and erased years of development gains in our region. The green transition in China, Mongolia, and Korea is critical to the region's growth and prosperity," said Kim-See Lim, IFC's Regional Director for East Asia and the Pacific. "Sidik's leadership and extensive experience will be key to implementing our strategies and supporting the countries in achieving their ambitious climate and development goals."
An Indonesian national, Sidik brings about 30 years of professional experience in the financial sector. He first joined IFC in 2008 as Investment Officer in the infrastructure department and rejoined IFC as Senior Country Officer for Indonesia and Timor-Leste in 2018. Prior to IFC, he held various senior positions in leading financial institutions such as Natixis and DBS. Sidik has also served as Financial Advisor to the Indonesian Bank Restructuring Agency during the 1998 Asian Financial Crisis
"While China has achieved tremendous development gains, a significant number of people remain vulnerable. Climate change also poses a significant threat to China's long-term growth and prosperity, "said Sidik. "IFC has a strong track record of promoting innovations that address some pressing development challenges in China, Mongolia, and with Korean partners in emerging markets. I look forward to working with our teams to expand sustainable solutions for those who need them the most."
China is IFC's fourth largest portfolio country and one of IFC's largest syndication partners. As of September 30, 2023, IFC's committed portfolio in China stood at $3.4 billion across key sectors, such as blue and green finance, microfinance, waste management, agribusiness, and health care. In Mongolia, IFC's committed investment portfolio stood at around $671 million across key sectors such as mining, banking, microfinance, green finance, and service. Since IFC re-established its presence in Korea in 2014, IFC has provided financing worth over $7 billion to over 140 cross-border projects involving Korean partners and banks.
About IFC
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.
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Mining, coal-fired power plants responsible for sevenfold increase in atmospheric mercury – study www.mining.com

Researchers at the Harvard John A. Paulson School of Engineering and Applied Sciences estimated that emissions from coal-fired power plants, mining and waste incineration have increased the concentration of potentially toxic mercury in the atmosphere sevenfold since the beginning of the modern era around 1500 C.E.
To reach this conclusion, the scientists developed a new method to accurately estimate how much mercury is emitted annually from volcanos, the largest single natural emitter of mercury. The team used that estimate—along with a computer model—to reconstruct pre-anthropogenic atmospheric mercury levels.
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Their calculations show that before humans started pumping mercury into the atmosphere, it contained on average about 580 megagrams of mercury. However, in 2015, independent research that looked at all available atmospheric measurements estimated the atmospheric mercury reservoir was about 4,000 Mg—nearly seven times larger than the natural condition estimated in this study.
“Methylmercury is a potent neurotoxicant that bioaccumulates in fish and other organisms—including us,” Elsie M. Sunderland, senior author of the Geophysical Research Letters paper that presents these findings, said. “Understanding the natural mercury cycle driven by volcanic emissions sets a baseline goal for policies aimed at reducing mercury emissions and allows us to understand the full impact of human activities on the environment.”
Satellites to the rescue
Sunderland explained that the challenge with measuring mercury in the atmosphere is that there is not much of it despite its outsized impact on human health. In a cubic meter of air, there may be only a nanogram of mercury, making it virtually impossible to detect via satellite. Instead, the researchers needed to use another chemical emitted in tandem with mercury as a proxy. In this case, the team used sulphur dioxide, a major component of volcanic emissions.
“The nice thing about sulphur dioxide is that it’s really easy to see using satellites,” Benjamin Geyman, first author of the article, said. “Using sulphur dioxide as a proxy for mercury allows us to understand where and when volcanic mercury emissions are occurring.”
Using a compilation of mercury to sulphur dioxide ratios measured in volcanic gas plumes, the researchers reverse-engineered how much mercury could be attributed to volcanic eruptions. Then, using the GEOS-Chem atmospheric model, they modelled how mercury from volcanic eruptions moved across the globe.
The team found that while mercury mixes into the atmosphere and can travel long distances from its injection site, volcanic emissions are directly responsible for only a few percent of ground-level concentrations in most areas on the planet. However, there are areas— such as in South America, the Mediterranean and the Ring of Fire in the Pacific—where levels of volcanic emissions of mercury make it harder to track human emissions.
“In Boston, we can do our local monitoring and we don’t have to think about whether it was a big volcano year or a small volcano year,” said Geyman. “But in a place like Hawaii, you’ve got a big source of natural mercury that is highly variable over time. This map helps us understand where volcanos are important and where they aren’t, which is really useful for understanding the impact of humans on long-term mercury trends in fish, in the air and the ocean. It’s important to be able to correct for natural variability in the volcanic influence in places where we think that influence may not be negligible.”
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100,000 Mongolian citizens vote on reducing social insurance fee and personal income tax by 50% www.akipress.com

Citizen Khureltulga Shagj posted a proposal "Reduce Social Insurance Fee and Personal Income Tax by 50%" in the electronic system of the Mongolian Parliament for receiving public proposals on October 20. Votes on this proposal by the citizens have reached 100,000, GoGoMongolia said.
In Public Electronic Application and Complaint System, 18-year-old citizens of Mongolia vote by signing in through the DAN system or using an electronic signature.
According to the Law on the Parliament of Mongolia, a working group will be established if a citizen submits an application to the D-Parliament electronic system and the proposal receives the signatures of 33,000 citizens.
If 70,000 citizens' signatures are obtained, the Standing Committee will conduct an inspection, and if it reaches 100,000, it can be presented to the Parliament.
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President of Mongolia Arrives in Laos for a State Visit www.montsame.mn

President of Mongolia Khurelsukh Ukhnaa and his spouse Bolortsetseg Luvsandorj arrived in Vientiane today for a State Visit to the Lao People's Democratic Republic.
Upon arrival at the Wattay International Airport, President Khurelsukh and the Mongolian delegation were warmly greeted by the Minister and Head of the President's Office of Laos Khemmani Pholsena, Ambassador Extraordinary and Plenipotentiary of Mongolia to the Lao PDR J. Byambasuren, Ambassador Extraordinary and Plenipotentiary of the Lao PDR to Mongolia Phengsavanh Keopraseuth and other officials.
During the Visit, the President of Mongolia Khurelsukh Ukhnaa, and the President of the Lao People's Democratic Republic Thongloun Sisoulith will hold official talks. The Head of State of Mongolia will meet the President of the National Assembly of the Lao PDR Xaysomphone Phomvihane, and Prime Minister Sonexay Siphandone to discuss bilateral relations and cooperation.
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8 herders killed in Mongolia snow storms www.xinhuanet.com

Eight herders have been killed in central Mongolia due to snow storms, the country's National Emergency Management Agency said Monday.
One male, six female herders, and a 12-year-old boy from the central provinces of Tuv and Uvurkhangai lost their lives while looking after their herd in the snow storms that hit large parts of the country over the weekend, the agency said in a statement.
Since Friday evening, snow and blizzards have caused icy roads and poor road visibility.
The hardest-hit central Mongolia has been covered by a layer of snow up to 34 cm thick, according to the country's National Agency for Meteorology and Environmental Monitoring.
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