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    

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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Airbnb is using what3words to list stays with Mongolian nomads www.techcrunch.com

Putting a new spin on the term “digital nomad,” U.K. addressing platform what3words has partnered with Airbnb to list stays with Mongolian nomads.

The startup’s simplified addressing system is being applied to help adventurous travelers “home share” with Dukha reindeer herders at their mountain camp where there aren’t any street names to anchor a trip.

The partnership is slated as supporting sustainable tourism by helping the tribe tap into a new revenue stream to support its traditional way of life.

Earlier this year, Airbnb signed a Memorandum of Understanding with the Ministry of Environment and Tourism of Mongolia to use home sharing as a route for economic empowerment and community development. “The MOU will see both parties provide hospitality training for current hosts, as well as potential hosts in rural and remote areas, to encourage the adoption of new digital technology for tourism,” they note in a press release today.

The Airbnb listing with the Dukha reindeer herders offers the chance to stay in a teepee in the Taiga forest in Northern Mongolia, with guests getting “two wooden beds, sleeping bags and an open-fire stove for heating and cooking, as well as full access to the reindeer tribe’s backyard.”

So definitely not the usual Airbnb fare.

what3word comes into play as a neat tool because guests are asked to meet the nomadic tribe at a previously communicated three-word address at the edge of the forest.

what3word’s platform chunks the world into 57 trillion 3-by-3 meter squares — each of which has been assigned three words to act as its easier-to-share pinpoint. Using unique combinations of words for geolocation reduces the risk of confusing two similar-sounding street names, for example, and means a location can easily be shared verbally or read at a glance.

After meeting their hosts at the forest edge, guests ascend with them to the mountain to the camp — located at ///evaluate.video.nails — either on reindeer or by horse.

what3words addressing platform used to pinpoint a nomadic tribe’s Airbnb listing in Mongolia

Travelers can then expect to be “immersed in the day-to-day life of the tribe, from herding and milking reindeer to cooking traditional Mongolian dishes and making handicrafts,” they add.

The tribe uses a co-host in an urban location to manage the process of updating their Airbnb listing with a new three-word address, as needed (i.e. when they shift the location of their camp).

Commenting on the partnership in a statement, Cameron Sinclair, social innovation lead at Airbnb, said: “Airbnb is excited to partner with what3words and the Ministry of Environment and Tourism of Mongolia to drive sustainable tourism and economic empowerment, while promoting the unique hospitality and culture so intrinsic to the country.

“In Mongolia, a lack of traditional street addressing and nomadic way of life have prevented locals from welcoming Airbnb guests into their homes. Our partnership delivers an innovative way to provide hosts with an accurate and reliable address while constantly on the move, and creates new livelihood opportunities for nomadic and rural communities in Mongolia and around the world.”

A spokeswoman for what3words confirmed the partnership is limited to Mongolia for now — but added it’s “exploring next steps with Airbnb” in the hopes of expanding the collaboration.

There’s no financial component to the arrangement as yet because what3words is free for individuals to use (so in this case the Dukha reindeer herders).

But the startup does sell b2b licenses for other products, including its API and SDKs — offering optional extras like very large-scale batch conversion of three-word addresses to GPS coordinates or vice versa.

So if Airbnb sees enough value in ramping up offers of alternative tourist experiences on its platform — and in what3words’ three-word address system as the easiest way to grease and thus scale that pipe — it could end up sending something more than a bit of publicity the startup’s way.

That’s clearly what3words’ hope.

“what3words is incredibly useful for guests trying to find their Airbnb — be it in the centre of Madrid, or the on the Mongolian Steppe,” the spokeswoman told us. “We’re already seeing many hosts provide guests with their 3 word address, and we’d love to make the process as seamless as possible.”

One growth headwind for Airbnb’s business could work in what3words’ favor because the home-sharing platform may well need to invest in finding innovative and sustainable routes to grow its business, given a growing backlash against overtourism in popular destination cities that have been saddled with the real-world impacts of homes being repurposed as de facto hotels (and travel generally being more affordable).

In recent years residents in cities where Airbnb is popular have been vocal in complaining that such platforms bring problems — from antisocial impacts such as noise and drunken partying to more structural issues as they contribute to driving up rents by removing housing stock, with the risk of undermining local communities if residents get priced out.

And a growing number of cities have responded to these concerns by tightening regulations on home-sharing — throwing up blockers and sometimes hard caps on Airbnb’s growth.

A requirement that hosts register with the city in San Francisco so it can enforce vacation-rental laws to prevent homes being repurposed as year-round tourist lets led to a dramatic decline in Airbnb listings at the start of this year, for example.

But it looks to be the opposite story in Mongolia where politicians are focused on development and keen to attract outside investment. And where tourists are — at least for now — welcome visitors.

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Local precious metal assay laboratory purifies 99 kg of gold www.montsame.mn

Ulaanbaatar /MONTSAME/ The newly established precious metal assay laboratory of Darkhan-Uul aimag has purified 99 kg of gold over the past month.

Director of the Regional Division of the Bank of Mongolia (BoM) in Darkhan-Uul aimag B.Javkhlan said that the regional branch of BoM purchased a total of 33 kg of gold over the past month. “We purchase the gold from artisanal miners and cooperatives at the daily rate of the central bank without any intermediaries. The locals are grateful for the establishment of the precious metal assay laboratory, which removes the inconveniences of gold purchase,” he noted.

The laboratory operates in the whole Central region. Thus the laboratory is open to gold mining cooperatives, companies and individuals of Darkhan-Uul as well as other aimags.

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Legislator of Mongolia's ruling party submits proposal on dismissing government www.xinhuanet.com

ULAN BATOR, Nov. 19 (Xinhua) -- Mongolian legislator Damdin Khayankhyarvaa submitted a proposal Monday on dismissing the state government in connection with a scandal involving financial irregularities by some members of parliament and government.

The proposal was submitted to the speaker of the parliament Miyegombo Enkhbold after reports were made public late last month that some members of the Mongolian parliament and their relatives have obtained a number of loans with low interest rates from a fund aimed at small and medium-sized enterprises.

Issues relating to the fund were frequently discussed in the country this month.

"A total of 27 lawmakers signed the proposal on dismissing the government," Khayankhyarvaa, former parliamentary faction leader of the ruling Mongolian People's Party, told reporters after submitting the proposal.

He was dismissed from his post last Tuesday following his demand for the lawmakers involved in the financial irregularities be brought to justice.

According to the country's Constitution, a proposal on dissolving government should be considered within 15 days.

Ukhnaa Khurelsukh's government that formed a year ago will be dismissed if the proposal is supported by over 50 percent of lawmakers in the 76-seat parliament.

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Shock decision: China closes border to coal imports from Mongolia www.news.mn

China has suspended coal imports until the end of 2018 through all its border crossings. Beijing explained that coal imports had already met the country’s demand. This year, China has planned to import coal equivalent to last year’s volume. That target has already been met. According to observers, China made this decision after reserving enough coal for six power stations; the announcement was made during an acrimonious meeting with senior Australian representatives.

The sudden closure of the border crossings comes as an unwelcome shock in Mongolia; already 91 km long queues of coal trucks have formed since China suspended imports. A total of 86 coal trucks had already crossed into Chinese territory at the crossings, but Beijing is refusing to received the coal. A team has been working on the ground for providing health, food and assistance for the unfortunate truck drivers.

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Strategy introduced to foster private sector in western Mongolia www.montsame.mn

Ulaanbaatar/MONTSAME/ A discussion themed ‘Strategy to foster private sectors in western Mongolia’ was held at State House on November 19.

During the discussion, authorities of the Cabinet Secretariat of Government, Governors of Bayan-Ulgii, Gobi-Altai, Khovd, Uvs and Zavkhan aimags, heads of citizens’ representatives meetings of the aimags, chairman of Mongolian National Chamber of Commerce and Industry, representatives of the local chambers of commerce and industry, Asian Development Bank’s Country Director for Mongolia Yolanda Fernandez Lommen and specialists of corresponding ministries were introduced with the strategy to develop private sector in western region and some survey reports.

The Asian Development Bank has been implementing a technical assistance project ‘Fostering value-added activities in western Mongolia’ since 2016. Within the project, competitiveness assessment report and institutional readiness assessment report were carried out in five western aimags over the past three years and business plans were worked out for meat factory in Bayan-Ulgii aimag, ‘Narlag Khulemj’ in Gobi-Altai aimag, seed farm in Khovd aimag and grain farm in Uvs aimag. Moreover, information rooms of governor offices were furnished with required equipment and a series of trainings were provided to staffs of private and public organizations.

The ADB recommended the Cabinet Secretariat of Government that it needs to create favorable environment of governance, empower private sector and develop infrastructure within short period in order to foster local private sector.

Ms. Yolanda said, “The technical assistance project has implemented successfully. It fulfilled its objectives sufficiently. Long-term regional assessment on the state of public and private entities will be a baseline document for government policy to develop rural areas and be useful data for businessmen to find their directions of activities and choose future paths.”

U.Byambasuren, deputy head of the Cabinet Secretariat, said “This baseline document is very important for government to define its development policy that fits territorial and regional features. We have expressed our interest to the ADB to realize this project in other aimags.”

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Mongolia to strengthen economic ties with Russia www.xinhuanet.com

ULAN BATOR, Nov. 19 (Xinhua) -- Mongolia is willing to further strengthen ties with Russia in the fields of economy, trade and investment, deputy speaker of the Mongolian parliament Luvsantseren Enkh-Amgalan said Monday.

Enkh-Amgalan, also head of the Mongolia-Russia inter-parliamentary group in parliament, made the remarks while meeting with a visiting Russian delegation led by Andrei Klishas, chairman of the Federation Council Committee on Constitutional Legislation and State Building.

"The potential of trade, investment and economic cooperation between Mongolia and Russia is not being used at full strength. Thus, our two countries need to make more efforts and improve the business and legal environment in order to further strengthen bilateral ties and cooperation in these sectors," Enkh-Amgalan said.

Klishas expressed Russia's willingness to promote the development of Russia-Mongolia ties in all sectors.

He also stressed the important role of the Mongolia-Russia interparliamentary group in parliament in expanding cooperation between the two legislative bodies.

Last year, the trade volume between Russia and Mongolia amounted to 1.4 billion U.S. dollars, an increase of 46.9 percent compared with 2016.

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Volkswagen to spend $50 billion on electric car 'offensive' www.cnn.com

London (CNN Business)Volkswagen has committed to spending tens of billions of dollars as part of a dramatic shift to electric and autonomous vehicles.

The Germany carmaker said Friday that it would invest €44 billion ($50 billion) by 2023 to develop electric cars, self-driving vehicles and other new technology.
Speaking at a press conference following a meeting of the company's supervisory board, CEO Herbert Diess described the company's strategy as an "electric offensive."
Diess acknowledged that increased spending on new technology could initially harm earnings growth. The investment is roughly €10 billion ($11.4 billion) above what the company set aside for new tech in last year's budget plan.
"Volkswagen must become more efficient, more productive and more profitable in order to finance the high expenditure in the future and in order to stay competitive," Diess said during the press conference.
Volkswagen's stock, which declined roughly 12% so far this year, dropped another 1.3% on Friday.

Volkswagen and Ford

Diess said that talks with US automaker Ford (F) about working together were "progressing positively."
So far the only alliance firmly in place between Ford and Volkswagen involves an agreement to work together on commercial vehicles. But Diess sees potential in more cooperation.
"We can solve the transformation of our business more easily with partnerships," he said Friday.
Automakers are spending billions of dollars as they try to develop the electric and self-driving vehicles they believe are the future.
They're also facing more competition from tech companies, including Uber and Google parent Alphabet (GOOG). Upstarts like Tesla (TSLA) have proved formidable too.
Production changes
Volkswagen said that the first model built under its new strategy, the ID, will begin rolling off the assembly lines in 2022. Diess said the car will have a range of up to 550 km (340 miles) and cost the equivalent of its current diesel Golf.
The car group, which owns the Porsche and Audi brands, said it would attempt to increase the productivity of its plants 30% by 2025. It plans to build vehicles from different brands on the same production lines as part of the effort.
It will also relocate production of the Passat from Germany to the Czech Republic.
Diess said that Volkswagen (VLKAF) was considering whether to build its own battery cells, a key component in electric vehicles.
China shift
The carmaker also announced leadership changes in China, the world's largest car market.
Diess now has direct responsibility for the China business, a move that Volkswagen said reflects "the growing importance of the Chinese market and the high pace of technological development in China."
Stephan Wöllenstein, who currently oversees the passenger car division in China, will handle business operations in the country going forward.

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Habitability of Mongolia under threat from climate change www.adelaidenow.com.au

There are fears one of the world's oldest cultures may be wiped out by the effects of climate change. Substantial temperature changes and extreme weather events in Mongolia have been blamed for the deaths of thousands of livestock in recent years. It’s believed to be forcing hundreds of families to abandon their traditional nomadic farming methods per year. Mongolians are pleading for international climate action as world leaders prepare for the UN climate conference in December.

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The Surprise Fuel Flows Sparked by a Raging U.S.-China Trade War www.bloomberg.com

A Southeast Asian nation that was a bit player in the biofuel market is suddenly buying and selling unprecedented supplies. The U.S.-China trade war may have something to do with it.

Malaysia has emerged to displace the U.S. as the biggest supplier of ethanol to China in just two months. It’s also the first time the Southeast Asian country is selling such significant volumes to the world’s top consumer. At the same time, it’s buying a record amount of the fuel from America.

The hook? The shift occurred after President Xi Jinping imposed tariffs on U.S. ethanol imports in retaliation to American counterpart Donald Trump’s duties on Chinese goods. While the two countries apply tit-for-tat levies, shipments from Malaysia to China are tax free.

The dispute between the world’s two largest economies has roiled markets from consumer goods to soybeans, but rarely has a completely new player emerged to fill in a supply gap. The sudden spike in the flows in and out of Malaysia has taken traders by surprise, according to Heather Zhang, a Singapore-based analyst who follows the global biofuel industry at researcher PRIMA.

“It’s an interesting opportunity,” Zhang said. “It shows some merchants are enthusiastic in their effort to generate profitability and adapt to change in the international trading environment during this unusual trade war event.”

Questionable Demand
There is no significant production or use of fuel ethanol in Malaysia, the U.S. Department of Agriculture said in a report in October last year. It’s not produced commercially as the feedstock is expensive to transport, and it’s also excluded as a source of alternative fuel under the Southeast Asian nation’s biofuel policy, according to the USDA.

For China, demand for the renewable fuel is growing after the world’s largest automobile market announced an ambitious plan to expand the use of ethanol gasoline for vehicles nationwide by 2020. Weaning itself off from U.S. biofuel may be a challenge it struggles to meet given the lack of domestic production capacity, as well as higher prices from suppliers elsewhere.

How Much?
Malaysia bought about 97 million liters of ethanol this year from the U.S., mostly in August and September, for a total $35 million, or 36 cents a liter, according to the USDA.

China purchased a total 88 million liters of ethanol, labeled as ethyl alcohol in import data, during August and September from Malaysia, compared with zero inbound shipments in the first seven months of this year. The total value of the purchase reported to Chinese authorities was about $49 million, or 56 cents a liter.

Meanwhile, shipments from America to China plunged to just over 13 thousand liters in the quarter ended Sept. 30. China’s price per liter for U.S. ethanol was about 44 cents a liter. Now that would be subject to tariffs including a 25 percent levy imposed in July, a 15 percent tax adopted in April, and a 30 percent tariff on all ethanol imports. The prices reported to Chinese customs and the USDA exclude duties.

While a direct transfer of U.S. ethanol via Malaysia to China would be in breach of China’s tariff rules, the product can be labeled as originating in the Southeast Asian nation if it’s blended with at least 40 percent locally produced fuel before the resale. China already offers preferential levies to qualified products originating from ASEAN countries including Malaysia, and is also looking to finalize a 16-nation trade bloc deal in 2019.

“The market is curious whether the flow will persist and eventually develop Southeast Asia as a sustainable emerging hub,” Zhang said.

Still, some market participants have raised red flags over the sustainability of the new flows, according to a PRIMA report in August. They suspect there is not enough ethanol production capacity in Malaysia for such a trade to seem legitimately viable for long, PRIMA said, cited industry discussions.

“The industry understands that ethanol production in Malaysia is limited, and the country doesn’t consume ethanol either,” Zhang said. “This change has subverted many people’s perception of the fundamentals.”

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Mongolia’s coal exports in first 10 months up 10pc www.xinhuanet.com

ULAN BATOR (Xinhua) – Mongolia’s coal exports in the first ten months of the year totalled 31.3 million tonnes, up 10 per cent year on year, official statistics showed Saturday.

The coal exports are worth USD2.4 billion, the National Statistics Office said.

Coal, which has been one of Mongolia’s main exports, accounted for 41 per cent of Mongolia’s total exports in the period.

The landlocked country exported 33.3 million tonnes of coal in 2017 and has set a goal to increase its coal exports to 40 million tonnes in the coming years.

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