1 TMK DRILLS FINAL MONGOLIAN PILOT HOLE AMID DEVELOPMENT PARTNERSHIP TALKS WWW.THEWEST.COM.AU PUBLISHED:2025/06/30      2 PM PLANS TO CUT BUDGET BY 2 TRILLION MNT WWW.GOGO.MN PUBLISHED:2025/06/30      3 THE MONGOLZ ANNOUNCE ACADEMY ROSTER / MONGOLIAN PASSION FOR COUNTER-STRIKE / WHY ARE MORE TEAMS INVESTING MORE IN ACADEMY ROSTERS? WWW.ESPORTS-NEWS.CO.UK  PUBLISHED:2025/06/30      4 FIBA 3X3 WORLD CUP 2025: SPAIN AND THE NETHERLANDS CROWNED MEN'S AND WOMEN'S CHAMPIONS WWW.OLYMPICS.COM PUBLISHED:2025/06/30      5 FIRST POLITICAL CONSULTATIONS BETWEEN THE MINISTRIES OF FOREIGN AFFAIRS OF MONGOLIA AND THE KINGDOM OF BELGIUM TAKES PLACE IN BRUSSELS WWW.MONTSAME.MN PUBLISHED:2025/06/30      6 OPINION: BEYOND THE STEPPE AND THE OASIS – UZBEKISTAN AND MONGOLIA FORGE A NEW EURASIAN AXIS WWW.TIMESCA.COM PUBLISHED:2025/06/30      7 SOUTHGOBI RESOURCES' AGM APPROVAL SIGNALS GOVERNANCE STRENGTH AND STRATEGIC CLARITY AMID DEBT DEFERRAL WWW.AINVEST.COM PUBLISHED:2025/06/30      8 MONGOLIA: STAFF CONCLUDING STATEMENT OF THE 2025 ARTICLE IV MISSION WWW.IMF.ORG PUBLISHED:2025/06/29      9 MONGOLIA UPSET USA AT FIBA 3X3 WORLD CUP 2025 QUARTER-FINALS WWW.FIBA.BASKETBALL  PUBLISHED:2025/06/29      10 KYRGYZSTAN, MONGOLIA ENHANCE BILATERAL COOPERATION WWW.XINHUANET.COM PUBLISHED:2025/06/29      Г.ЗАНДАНШАТАР: УУЛ УУРХАЙН ЛИЦЕНЗИЙГ ШАМШИГДУУЛЖ АВСАН НИЙТИЙН АЛБАН ТУШААЛТАНД ХАРИУЦЛАГА ТООЦНО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/30     С.БАДРАЛ: ШИЙДВЭР ГАРГАГЧИД AI НЭРИЙН ДОРХ ШОУГАА ЗОГСООЖ, ХИЙМЭЛ ОЮУНЫ СТРАТЕГИЭ БАТЛАХ ХЭРЭГТЭЙ WWW.GOGO.MN НИЙТЭЛСЭН:2025/06/30     THE MONGOLZ АКАДЕМИЙНХАА БҮРЭЛДЭХҮҮНИЙГ ЗАРЛАЛАА WWW.NEWS.MN НИЙТЭЛСЭН:2025/06/30     Д.АМАРБАЯСГАЛАН: УИХ ХҮНИЙ ЭРХИЙГ ДЭЭДЭЛСЭН, ХҮН ТӨВТЭЙ ХУУЛЬ, ЭРХ ЗҮЙН ОРЧНЫГ БҮРДҮҮЛЭХЭЭР АЖИЛЛАЖ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/30     СҮҮЛИЙН ТАВ ХОНОГТ 22 УДААГИЙН ОЙ, ХЭЭРИЙН ТҮЙМЭР БҮРТГЭГДСНЭЭС 12 ТҮЙМРИЙГ БҮРЭН УНТРААЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/30     ТАРИАЛАЛТ 74 ХУВЬТАЙ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/30     ЗАЙСАНГИЙН ШИНЭ ГҮҮРНИЙ ХӨДӨЛГӨӨНИЙГ НЭЭЛЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/06/30     19 САЯ ТӨЛ ХҮЛЭЭН АВААД БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/29     “БАРУУН-УРТ-БИЧИГТ” ЧИГЛЭЛИЙН АВТО ЗАМЫН 152 КМ ХАТУУ ХУЧИЛТТАЙ АВТО ЗАМЫН БАРИЛГЫН АЖИЛ ЭХЭЛЛЭЭ WWW.ZINDAA.MN НИЙТЭЛСЭН:2025/06/29     ОЙ ХЭЭРИЙН 4 ТҮЙМРИЙГ УНТРААЖ, 6 ТҮЙМРИЙГ ЦУРАМД ОРУУЛЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/29    

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

NEWS

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Crédit Agricole CIB supports the Government of Mongolia in pricing a US$500 million bond issuance and concurrent tender offer www.ca-cib.com

In February 2025, the Government of Mongolia priced a US$500 million 5-year bond issuance and completed a concurrent public tender offer to repurchase its outstanding 2026 and 2028 US dollar bonds as part of the Government’s debt neutral policy.
This transaction is Crédit Agricole CIB's first-ever Asian frontier sovereign deal and the first Asian high-yield sovereign bond issue in 2025. Frontier markets are a sub-segment of the global emerging markets space with increasing appetite for funding and capital to support domestic development and growth. Crédit Agricole CIB acted as joint bookrunner, joint lead manager and joint dealer manager on the transaction.
Debt issuers from frontier markets including Mongolia have been increasingly seeking foreign funding to develop their local economies. The Government of Mongolia, as a prime example, has been tapping the debt market for capital to support the country's long-term social and economic development – including the renewable energy, tourism, and agricultural sectors – to diversify the economy as part of its Vision 2050 recovery policy.
Mongolia presents attractive opportunities for investors as the country continues to seek ways to grow its economy sustainably while strengthening its governance. Its progress has been recognised by rating agencies with a rating upgrade last year.
This deal is a testament of Crédit Agricole CIB's commitment and ability to service frontier clients in achieving its long-term funding and liability management objectives.
This transaction is a breakthrough for our DCM franchise – marking our first-ever Asian frontier sovereign deal and the first Asian high-yield sovereign bond issue in 2025. Mongolia represents an attractive market opportunity for debt investors, and we look forward to explore more opportunities in this market.
Tim Fang
Head of Debt Capital Markets for Greater China
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Mongolia's Bond Risk Premium Decreases to Historic Low of 2.27 Percent www.montsame.mn

The Government of Mongolia issued a USD 500 million bond with an interest rate of 6.625 and a maturity of five years under the “Century IV” project and began trading it on the international securities market.
The initial order for the newly issued bond exceeded the trading volume by 8.2 times, reaching USD 4.1 billion. In connection with this, the bond risk premium of Mongolia has decreased to 2.27 percent, allowing the bond interest rate to be set below the secondary market interest rate.
The Government of Mongolia managed next year's repayment of the "Nomad" and "Century-II" bonds by buying them back with the trading of the "Century-IV" bond. This improves Mongolia's debt sustainability by enabling the country to pay off the remaining payments on the "Nomad" bond without burdening the budget or economy. This was a crucial step in reducing the amount of external debt and ensuring macroeconomic stability, according to the Ministry of Finance of Mongolia.
By trading the "Century-IV" bond, Mongolia managed to issue bonds with interest rates lower by 0.1-0.4 percentage points than the bonds of countries that have higher credit ratings including Uzbekistan, Brazil, and the Dominican Republic. This opens up the opportunity for domestic enterprises to attract low-cost financial resources from international financial markets.
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Recorded zinc reserves reach 2.18 million tons www.ubpost.mn

The Mining Department of the Ministry of Industry and Mineral Resources has conducted an in-depth study on the prospects of zinc in Mongolia, taking into account factors such as the global zinc market, the country’s zinc geology, exploration and exploitation licenses, current exploitation status and future development potential.
Mongolia is home to 11 metallogenic provinces and regions with zinc-containing mixed metal prospects, boasting 139 occurrences and 10 deposits with a total of 106.7 million tons of zinc resources. Recorded zinc reserves stand at 2.18 million tons.
Currently, five zinc and zinc-containing mixed metal deposit projects are in operation. Since 2016, these projects have provided 940 to 2,430 jobs annually, produced and exported between 100,000 and 150,000 tons of zinc concentrate, generated sales revenues ranging from 207 to 639 billion MNT, and contributed 44 billion to 517 billion MNT in taxes and fees to both state and local budgets. Additionally, there are 17 projects in the feasibility study phase that are expected to produce zinc-containing products in the future.
Looking ahead, the country is set to see a significant boost in zinc production. The 22 projects that are either ready for operation or already underway will create 5,644 jobs over the next 40 years, from 2024 to 2063. These projects are expected to produce 18.04 million tons of zinc products, containing 2.1 million tons of zinc, generating a total of 19.1 trillion MNT in sales revenue, and contributing 4.5 trillion MNT to state and local budgets.
On average, these projects will employ between 67 and 804 people annually, produce and export 1,700 to 164,200 tons of zinc concentrate each year, generate 4.9 billion MNT to 1.5 trillion MNT in sales revenue, and pay 0.8 billion MNT to 437.8 billion MNT in taxes and fees to the state and local budgets. This substantial growth in the zinc sector is poised to contribute significantly to Mongolia’s economy and employment in the coming decades, the study says.
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Guam loses to Mongolia by 11, but both teams still alive in FIBA Asia Cup qualification www.postguam.com

In a FIBA Asia Cup Qualifiers Group C game, the Bank of Guam men’s national basketball team fell to Mongolia 74-63 on Thursday night at the University of Guam Calvo Field House in Mangilao.
“I want to say congratulations to my players. They gave everything inside, followed our plan, and I think we deserved to win,” Mongolia head coach Vasileios Fragkias said.
Earlier in the tournament, Guam defeated Mongolia by 11 points - on Mongolia’s home court. But in the latest matchup, Mongolia showcased aspects of its game that had been previously absent or dormant.
For the first two quarters and most of the third, Mongolia pushed the tempo, dominated defensively, drained shots and built a 21-point lead. The team burned through Guam’s defense, creating opportunities from beyond the arc and in the paint. In the first three quarters, Mongolia’s speed effectively neutralized Guam’s Jonathan Galloway, limiting his usual defensive dominance and shot-altering capabilities.
“I feel like Mongolia came out a lot more aggressive than they ever have in the past two games,” Team Guam’s Joe Blas Jr. said. “They played a lot faster, and I’d say they shot the ball a whole lot better than they've shown in the past. I don’t think we were ready for that right away.”
But later in the third quarter and into the final frame, Team Guam’s resilience sparked a comeback. Previously uncontested rebounds were secured, and Mongolian shooters faced tighter defense. With 13 of Earnest Ross Jr.’s 18 points coming in the second half, Guam’s offensive catalyst shifted the momentum. But as hard as Guam played, Mongolia matched the intensity.
Team Guam head coach EJ Calvo praised his team for “fighting back in a game that could have slipped away and getting to the point where we were still alive.”
Calvo said Guam’s first-half performance “wasn’t us.”
“I think our players were a little shocked by their speed. The tempo was very fast, and they really spread us out,” Calvo said. “When they penetrated the paint, we weren’t rotating fast enough, and we were giving up layups. That didn’t sit well with me or anyone on the team.”
Throughout the 40-minute contest, Mongolia’s Dulguun Gankhuyag frustrated Guam’s big men, Galloway and Tai Wesley. On inbounds plays and in the paint, the large-framed Gankhuyag used a hands-on, physical defensive style that elicited vocal protests from Galloway and Wesley, who pleaded for fouls - calls that rarely came. Gankhuyag finished with one personal foul, nine points and four rebounds.
“He’s a bulldozer,” said Mongolia’s Margad Erdenetsetseg, who had a team-high 16 points and nine rebounds.
Midway through the second half, after a battle for possession, Wesley tangled with a Mongolian player and took the worst of the exchange. In disbelief that the referees allowed such physical play, Wesley held up his pinky finger, which appeared misaligned, possibly broken or dislocated. Despite the injury, he finished with eight points, 12 rebounds, six assists and three blocks.
“We knew Mongolia was going to be a tough team. Every time we’ve played them, especially on their home court, it’s been a battle,” Calvo said. “We knew they were playing for survival in this qualification, and we were, too. We got a pretty good game from them tonight.”
As Guam inched closer to reclaiming the lead, Mongolia’s Enkhbayasgalan Amarbayasgalan was called for a flagrant foul - Mongolia’s first of the game - sending Galloway to the free-throw line for two shots. Both missed. Though the attempts wouldn’t have given Guam the lead, they factored into the Group C standings and the team’s chances of advancing. Galloway, one of Guam's leaders, finished with 17 points and 12 rebounds.
Galloway wasn’t alone in missing free throws. The team shot 64.7% from the line, going 11-for-17. In the game’s final seconds, Wesley also missed a crucial free throw.
With Japan and China - Group C’s top two teams - already advancing to the FIBA Asia Cup Saudi Arabia 2025 tournament, the third-place team will move to the next qualification round.
Guam and Mongolia, both 1-4, have identical records and split their two meetings with identical 11-point margins. Statistically, they are in a deadlock, meaning their final games will determine their fate.
On Sunday, at 5 p.m., at UOG, Guam will take on China, which crushed Guam by 48 points in their first matchup. Also on Sunday, Mongolia will face Japan, which previously defeated Mongolia by 18 points.
After Guam’s and Mongolia’s final games, their futures will be decided. If Guam wins and Mongolia loses, Guam advances. If Mongolia wins and Guam loses, Mongolia moves on. If both win or both lose, statistical tiebreakers will determine which team advances and which sees its Asia Cup journey end.
“We don’t know what’s going to happen between them and Japan,” Blas said. “However that plays out, it’s out of our control.
“I want to approach the game the same way - come out, play hard and just try to win,” Blas said of Guam’s upcoming game against China.
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International Master Munguntuul Takes the Lead at FIDE Women's Grand Prix www.montsame.mn

The FIDE Women's Grand Prix 2024-2025 cycle tournament for the world's top female chess players is taking place in Monaco on February 18-28, 2025.
International Master (IM) Munguntuul Batkhuyag is competing in the tournament alongside Grandmaster (GM) of China Tan Zhongyi, GMs of Russia Alexandra Goryachkina and Kateryna Lagno, GMs of India Humpy Koneru and Harika Dronavalli, IM of Kazakhstan Bibisara Assaubayeva, GM of Switzerland Alexandra Kosteniuk, IM of Spain Sarasadat Khademalsharieh, and GM of Germany Elisabeth Paehtz.
Honored Athlete of Mongolia Munguntuul won her first match playing as White against former world champion Alexandra Kosteniuk. In her second game, she played as Black against Tan Zhongyi, the highest-rated player among the ten participants, and secured a draw. With 1.5 points, she now leads the tournament.
Having started strong, Munguntuul will play as White against Grand Master Humpy Koneru on February 20, 2025.
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Uchral Nyam-Osor: 36 Procedures Above and Beyond Laws Have Been Terminated www.montsame.mn

Minister of Mongolia, Chief of the Cabinet Secretariat of Mongolia Uchral Nyam-Osor presented the decisions made at the cabinet session on February 19, 2025, stating that as of today, 36 procedures have been canceled which were passed by seven ministries.
Chief of the Cabinet Secretariat of Mongolia Uchral Nyam-Osor noted, "In connection with the adoption of the Law on Permits, cancelation for procedures that are above and beyond laws is underway. At today’s Cabinet meeting, a 2006 procedure governing the environmental sector was revoked by a Cabinet resolution. We have also formally instructed the remaining ministries and government administrative bodies to abolish any procedures that exceed the scope of the law. Yesterday, the Permits Council convened and decided to appoint professional experts and establish a working group to oversee the activities of authorized bodies that are not implementing the law.
We further revoked a provision referred to as a ‘certificate’ that effectively acted as a procedure. In addition, we have eliminated fees charged to citizens for this certificate, thereby creating conditions for more streamlined and efficient operations."
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Mongolia and China agree to build cross-border rail link www.railwaygazette.com

Agreement has been reached to start construction of a railway to fill the gap between the Mongolian and Chinese railheads at the Gashuun Sukhait border crossing.
The dual-gauge connection would extend both the existing 1 520 mm gauge Mongolian heavy haul line from the Tavan Tolgoi coal deposits and the 1 435 mm gauge Chinese line which ends at the inland port at the border.
The agreement to start work after 17 years of discussions was announced by the Mongolian government on February 14 after Prime Minister Luvsannamsrai Oyun-Erdene visited the city of Harbin.
Construction is expected to start in April and for completion by 2028.
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Mongolia:Financial Regulatory Commission appoints new chairman www.asiainsurancereview.com

Mongolia's insurance regulator, the Financial Regulatory Commission (FRC) has appointed Mr T Jambaajamts as chairman. He takes over from outgoing chairman Mr D Bayarsaikhan.
Mr Jambaajamts has reaffirmed his commitment to building on the reforms and innovations crucial to the ongoing stability and growth of the financial sector. He will work closely with the newly appointed commissioners and FRC team to fulfil the directives set forth by parliament to further advance the financial sector’s development.
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Oman, Mongolia explore ways of promoting cooperation www.muscatdaily.com

H E Sayyid Badr bin Hamad al Busaidi, Foreign Minister, received in his office Battsetseg Batmunkh, Minister of Foreign Affairs of Mongolia, on Wednesday within the context of her current official visit to Oman.
During the meeting, the two sides discussed means of promoting relations between the two countries and exploring new horizons for cooperation in diplomatic, commercial and cultural areas.
They also exchanged views on a set of regional and international issues of common concern.
H E Sayyid Badr stressed Oman’s keenness to enhance cooperation with Mongolia in the fields of investment, trade exchange, tourism, technology and academic cooperation.
On her turn, the Mongolian minister underlined her country’s eagerness to boost cooperation with Oman. She lauded Oman’s vision in backing international peace and stability.
The meeting was attended by H E Bulgan Enkhtuvshin, Ambassador of Mongolia to Oman, Sheikh Abdulaziz bin Mohammed al Hosni, Head of Asian and Pacific Department in Foreign Ministry, and several officials from both sides.

 
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The “Energy Globe Award Mongolia 2024” goes to the Mongolian Women's Fund www.advantageaustria.org

The National Winner of the “Energy Globe Award 2024” for Mongolia is the Mongolian Women’s Fund. The Austrian Ambassador to Mongolia Mr Andreas Rieken and Commercial Counsellor Franz Roessler handed over in in Ulaanbaatar on Feb. 13, 2025 the Energy Globe award for Mongolia to Ms. Agni Baljinnyam and Ms. Ariunaa Tsogtoo representing the Mongolian Women's Fund (MONES). The ceremony was attended by the Honorary Consul of Austria to Mongolia Mrs. Sergelen Davaakhuu and other dignitaries from Mongolia and Austria.
The winning project aims to strengthen the ability of Mongolian women herders to adapt to the conditions of a changing climate through better livestock breeding techniques and financial independence. It builds the capacity of women herders to increase the productivity and sustainability of their livestock farming, thereby increasing their income and making them less vulnerable to climate change. The project promotes women’s empowerment with the aim of transforming them into active agents of change and advocates of climate-smart behavior. The project is implemented by the Mongolian Women's Fund (MONES). The project’s technical team provides technical training and coaching to 100 selected households in each of the two target sites. Through ongoing training, the women learn best-practice techniques for breeding and feeding of goats and harvesting cashmere and implementing sustainable production standards.
Since 1999, the Energy Globe Award has annually honoured outstanding sustainable projects that are committed to resource conservation, energy efficiency and the increased use of renewable energies. The aim of the award is to present innovative and forward-looking solutions to a broad public and thus promote sustainable action worldwide.

 
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