1 GTJAI ASSISTS STATE BANK OF MONGOLIA IN COMPLETING A US$100 MILLION REG S BOND TAP ISSUANCE WWW.ACNNEWSWIRE.COM PUBLISHED:2026/05/12      2 BATSUMBEREL N. ELECTED MPP DEPUTY CHAIRMAN WWW.MONTSAME.MN PUBLISHED:2026/05/12      3 JICA TWO-STEP LOAN PROJECT DELIVERS LONG-TERM FINANCING TO MONGOLIAN SMES WWW.MONTSAME.MN PUBLISHED:2026/05/12      4 UN HIGH COMMISSIONER FOR HUMAN RIGHTS VOLKER TÜRK VISITING MONGOLIA WWW.GOGO.MN PUBLISHED:2026/05/12      5 ‘CLIMATE REFUGEES’ FLEEING RED DUST WWW.UBPOST.MN PUBLISHED:2026/05/12      6 NATIONAL RESILIENCE STRATEGY TO BE DEVELOPED, APPROVED FOLLOWING PRESIDENTIAL DIRECTIVE WWW.MONTSAME.MN PUBLISHED:2026/05/12      7 BOOK EXCHANGE PROGRAM LAUNCHED WITH U.S. LIBRARY OF CONGRESS WWW.MONTSAME.MN PUBLISHED:2026/05/12      8 CHINA-MONGOLIA MEGA RAILWAY PROJECT ENTERS CRITICAL PHASE WWW.CHINADAILY.COM.CN PUBLISHED:2026/05/12      9 MONGOLIA’S FOREIGN TRADE TURNOVER REACHES USD 10.5 BILLION WWW.MONTSAME.MN PUBLISHED:2026/05/12      10 ASIATIC WILD ASS RETURNS TO EASTERN MONGOLIA AFTER 65-YEAR ISOLATION FROM LANDSCAPE FENCING WWW.GOODNEWSNETWORK.ORG PUBLISHED:2026/05/12      СЭРГЭЭГДЭХ ЭРЧИМ ХҮЧНИЙ САЛБАРТ АНХ УДАА ӨРСӨЛДӨӨНТ СОНГОН ШАЛГАРУУЛАЛТ ЗАРЛАЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/05/12     АТГ: ШААРДЛАГА ХАНГААГҮЙ КОМПАНИД 6.5 ТЭРБУМЫН САНХҮҮЖИЛТ ОЛГОСОН ХЭРГИЙГ ШҮҮХЭД ШИЛЖҮҮЛЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/05/12     Б.БАТЦЭЦЭГ: БРАЗИЛ, ИСПАНИ, КЕНИ УЛСАД ЭЛЧИН САЙДЫН ЯАМАА НЭЭНЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/05/12     “ХАО ГАН” КОМПАНИ МОНГОЛ РУУ 6.5 САЯ ТОНН ЖИМС, ХҮНСНИЙ НОГОО ЭКСПОРТОЛЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/05/12     МОНГОЛ, БНХАУ-ЫН ХАМТАРСАН ҮЙЛДВЭРЛЭЛ, ХУДАЛДААНЫ ЧӨЛӨӨТ БҮСИЙГ ХӨГЖҮҮЛНЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/05/12     НИЙТИЙН АЛБАН ТУШААЛТАН ХАХУУЛЬ АВСАН ХЭРГҮҮДИЙГ ШҮҮХЭД ШИЛЖҮҮЛЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/05/12     "РИО ТИНТО"-Д МЕНЕЖМЕНТИЙН ТӨЛБӨРИЙГ БУУРУУЛАХ СОНИРХОЛ АЛГА WWW.EGUUR.MN НИЙТЭЛСЭН:2026/05/12     МАНАЙ ТӨРИЙН БАЙГАА ЦАРАЙГ ЗАСГИЙН ХЯНАГЧ, ЯАМНЫ БЭЛТГЭСЭН ЭМГЭНЭЛ ХАРУУЛАВ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/05/12     "2033 ОН ГЭХЭД 23 КМ УРТ ҮЕРИЙН ХАМГААЛАЛТЫН ДАЛАНГ ШИНЭЭР БАРИНА" WWW.NEWS.MN НИЙТЭЛСЭН:2026/05/12     "МОНГОЛ УЛС НЭН ХӨНГӨЛӨЛТТЭЙ ЗЭЭЛ АВАХ БОЛОМЖ ХУМИГДАЖ БАЙНА" WWW.NEWS.MN НИЙТЭЛСЭН:2026/05/12    
Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2025 London UK MBCCI London UK Goodman LLC

NEWS

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EAM Swaraj meets overseas ministers of Iran, Mongolia www.videostreet.pk

New Delhi [India], Jan nine (ANI): India held bilateral meetings with Iran and Mongolia respectively, on the sidelines of the Raisina talk, which became inaugurated on January eight with the aid of Norwegian prime Minister Erna Solberg within the presence of top Minister Narendra Modi and numerous other excessive-degree dignitaries.
external Affairs Minister Sushma Swaraj held a meeting with her Iranian counterpart, Javad Zarif right here on Wednesday wherein the 2 aspects mentioned essential bilateral problems, such as the situation in Afghanistan.
"EAM @SushmaSwaraj met Iranian overseas Minister @JZarif who is in Delhi for the @raisinadialogue. Held extensive ranging discussion on vital bilateral issues and shared perspectives on the local scenario," Raveesh Kumar, the Spokesperson for the Ministry of outside Affairs (MEA) tweeted.
Swaraj also met with Mongolian foreign Minister Damdin Tsogtbaatar, in which both the perimeters took inventory of the "fantastic trends" in relationship in areas of energy, renewable energy, improvement partnership, capacity constructing & tradition, consistent with the MEA.
both Zarif and Tsogtbaatar are slated to supply ministerial addresses at the continuing Raisina talk- "a multilateral convention devoted to addressing the maximum hard issues facing the worldwide network." (ANI)

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Prosecutor requests stripping Mongolian MPs of immunity www.news.mn

The State General Prosecutor’s Office of Mongolia has submitted a request for stripping four parliament members of immunity. According to one source, MP’s B.Undarmaa, G.Soltan, D.Damba-Ochir and L.Enkhbold are facing prosecuted over the ongoing scandal of the Small and Medium Enterprises Fund. However, the parliamentary standing committee on immunity has been delayed twice due lack of attendance.

In 2009, the Mongolian government developed a fund to support small and medium enterprises (SME’s). This provided companies with low-interest loans at 3 percent interest for up to five years and contained 2 billion Mongolian Tugrik (roughly USD 780,000 at today’s exchange rate). The fund is reported to have dispersed loans, totalling nearly 700 billion tugrik, or several hundred million U.S. dollars. The fund was created under – and continues to be overseen by – the Ministry of Food, Agriculture, and Light Industry.

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China gets go-ahead for 6GW onshore wind farm in Inner Mongolia www.asian-power.com

It could be the world’s largest onshore wind project.

China’s State Power Investment Corp (SPIC) got the go-ahead for a 6GW onshore wind project in Inner Mongolia worth $6.2b, Recharge News reports. SPIC said the project will be the world’s largest.

The Ulanqab wind project will sell power with no subsidies. The report adds that it will compete with coal-fired power’s price benchmark in the region at $41.26/MWh.

The renewables director of China’s National Energy Administration (NEA), Liang Zhipeng, said zero-subsidy wind is feasible in some regions of the country, especially pointing to projects in Ulanqab – the “wind capital of China.”

According to SPIC, it is ensuring grid transmission for the project. The State Grid revealed plans to build 12 new ultra-high-voltage (UHV) transmission grids, including one from western Inner Mongolia to Shanxi.

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"Doing business with Mongolia”, “UK Investors show” business program March 27-April 02 London UK www.mongolianbusinessdatabase.com

Mongolian Business Database with the support of the British Embassy in UB and Mongolian-British Chamber of Commerce is starting to register the participant for “MBCCI’s Doing Business with Mongolia” seminar and “UK Investors show” in London UK between March 27-April 02. 2019.
The delegates will visit the House of Commons by the special invitation of Mr.John Grogan, MP of UK and the Chairman of Mongolian-British Chamber of Commerce etc.

The MBCC is a not-for-profit membership organisation established in 2009 to foster strong business links between Mongolia and the UK. It aims to provide a professional and social environment for business people who wish to be introduced to, and become part of, the British-Mongolian business culture and community.
Please review the information in details on the following link and contact at contact@mongolianbusinessdatabase.com or/and 976 99066062 for the registration and related inquiry 
http://mongolianbusinessdatabase.com/base/eventsdetails…

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A Debilitating Corruption Scandal Threatens More Damage to Mongolia’s Economy www.worldpoliticsreview.com

Mongolia has been rocked in recent months by a series of corruption scandals that have prompted large-scale demonstrations in the capital, Ulaanbaatar. The government of Prime Minister Ukhnaagiin Khurelsukh has been paralyzed by revelations that senior government officials, including members of his Cabinet, misused funds that were intended to assist small and medium-sized enterprises. In an interview with WPR, Morris Rossabi, a professor of East Asian history at Columbia University, explains why corruption is so widespread in Mongolia and why the current wave of scandals comes at a particularly bad time for its economy.

World Politics Review: Why is corruption such a pervasive issue in Mongolia, and how did it motivate so many people to take to the streets last month?

Rossabi: Corruption has accelerated dramatically in Mongolia’s “wild ride to capitalism” since 1990. The country was plagued by minor levels of bribery and graft from its empire stage in the 13th and 14th centuries to its communist period from 1921 to 1990, but corruption was not a pervasive part of Mongolian political culture. The post-communist era, however, has witnessed an increase in corruption in politics, business and the educational and medical systems.

To be sure, corruption existed in the communist period, but there were checks on such illegal activities. In an ostensibly egalitarian state with a population as small as Mongolia’s, displays of ill-gotten wealth—in the forms of big houses, fancy clothing and elaborate parties—were both readily noticeable and perilous. The authorities were capricious but had the power to inflict severe punishments for malfeasance. Fear of such reprisals would frequently prevent overt, large-scale corruption.

That changed in the post-communist era, as officials emerged relatively unscathed from accusations and even convictions of accepting bribes or kickbacks. Nambaryn Enkhbayar, a prominent politician who served as both prime minister and president of Mongolia during the 2000s, was found guilty of corruption in 2012 but was pardoned after serving one year in prison. He is now active in politics again, as leader of the small Mongolian People’s Revolutionary Party.

In another well-known case, former Prime Minister Sanjaagiin Bayar was repeatedly accused of accepting bribes in exchange for his signature on a 2009 agreement with a foreign company to extract gold and copper from Mongolia’s largest mine. He and several other officials were finally arrested in 2018, but further legal action has yet to be taken.

The recent street demonstrations, in protest of a Cabinet minister and other senior officials illegally obtaining low-interest loans from a fund allocated for small and medium-sized enterprises, follow in a long line of such efforts. Mongolians took to the streets in 2005 to protest the leasing of land with valuable mineral deposits to Robert Friedland, an American-Canadian financier whose record on environmental protection is so abhorrent that he earned the nickname “Toxic Bob.” In 2008, demonstrations over alleged improprieties in that year’s legislative elections resulted in a number of deaths and in damage to buildings in the center of Ulaanbaatar. These efforts, however, did not lead to significant reforms, and it remains to be seen whether the current protests will be more effective.

WPR: What actions have been taken by the government so far in response to the current loan scandal, and what further measures could officials take to restore public confidence?

Rossabi: The government has been compelled to act in light of the seriousness of the accusations. Twenty-one members of parliament and several Cabinet ministers are confirmed to have profited from low-interest loans designed to assist small and medium-sized enterprises. The Economist Intelligence Unit, citing local press reports, notes that 124 out of 134 firms that received loans from the fund in 2016 were connected to government officials or their families. For example, the roads and transport minister requested and received a loan of $371,000 for his wife’s high-end postoperative medical center. Meanwhile, small business owners with no political connections frequently reported that they had received no responses or were denied loans.

In response to the scandal, the head of the fund in question has been arrested and a Cabinet vice minister, as well as at least two other officials, have been detained. The minister for food, agriculture and light industry, Batjargal Batzorig, resigned over the revelation that members of his family had received a loan for a transport company they owned. Khurelsukh appears to not have been involved, but many lawmakers thought he should accept some of the blame. Nonetheless, he survived a vote of no confidence in November. Mongolian media outlets speculated about the deals he made with other members of parliament to retain his post, but no evidence of such backroom dealing has emerged.

The government will require significant reforms to restore public confidence. First, it is notable that this widespread corruption scandal was revealed by local investigative journalists and not by the government’s own anti-corruption agency. This is a sign that the agency needs more personnel, resources and authority. Second, the accused government officials must be prosecuted and, if found guilty, must serve significant prison sentences. Finally, in the future, international aid funds should be overseen by a special agency, shielded from interference by senior politicians. Without these measures, corruption in government will persist.

WPR: How is the ongoing furor over corruption and the related political dysfunction likely to affect Khurelsukh’s policy agenda?

Rossabi: Khurelsukh was elected in 2017 after his predecessor was caught on tape requesting payment for an appointment to a position in government. It is a sad irony that someone who took office partially as a response to corruption now finds himself mired in a corruption scandal.

The current president, Khaltmaa Battulga, is a political rival of Kurelsukh’s and has called for his resignation, but Battulga’s criticisms were seen as lacking credibility due to his own history of profiting from the poorly administered sale of state assets during the 1990s. Still, the scandal-ridden Cabinet and the power struggle with Battulga has crippled Khurelsukh’s ability to govern effectively.

This plague of scandal and dysfunction comes at a particularly bad time for Mongolia’s economy. In 2017, the International Monetary Fund provided a $5.5 billion guarantee for unpaid Mongolian loans, rescuing the country from a sovereign debt default. But the current scandal has no doubt undermined confidence in the Mongolian government on the part of the IMF and other international financial institutions, potentially affecting their future approach toward Ulaanbaatar.

More broadly, the government needs new economic policies to diversify away from mining. Mongolia’s reliance on the extraction of metals and minerals to power its economic growth subjects it to the vagaries of world commodity prices. A drop in these prices over the past four years has dealt a devastating economic blow. Reformers in government, as well as international financial institutions and development banks, had plans to promote other sectors, such as manufacturing and eco-tourism. But corruption scandals have diverted attention from these efforts. As if that wasn’t bad enough, the National Chamber of Commerce and Industry, fed up with pervasive graft, has urged its members not to pay taxes until corruption is rooted out and the government has stabilized.

Clearly, a full recovery from these scandals will require considerable time and persistent effort. It may even require drastic reforms to Mongolia’s political and economic systems.

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Religious organisations in Mongolia under inspection www.news.mn

Mongolia’s National Emergency Management Agency has been holding an inspection of all monasteries, churches and religious organisations which are currently active in Ulaanbaatar. The inspection is aimed at preventing fire and identifying any other possible health risks in places where many people gather.

According to national statistics, there are over 370 monasteries, churches and other religious organizations in Ulaanbaatar.

The inspection began on 4 January and will last until 25 January.

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Former Justice Minister arrested on corruption charges www.news.mn

Earlier today, Mongolia’s anti-corruption agency arrested former Justice Minister D.Dorligjav and his younger brother D.Baatar. Law enforcement officers also searched the former minister’s home yesterday (7 January).

D.Dorligjav has been accused of obtaining USD 4 million by extortion from T.Ganbold, director of Altan Dornod Mongol, a mining company, when he was working as justice minister. The money was transferred though D.Baatar’s account.

However, the ex-minister explained that the USD 2 million had mistakenly been transferred to his brother’s account.

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Two Mongolians arrested for smuggling dinosaur fossil www.news.mn

Mongolian Police have arrested two people over the illegal possession of a rare dinosaur fossil. The pair, a man from Ulaanbaatar and another from South Gobi (Umnugobi) province, were arrested after the police found information on the internet announcing the sale of the fossil.

The police seized the dinosaur remains and handed it over to the Institute of Paleontology and Geology at the Mongolian Academy of Sciences. The rare remains are from a dinosaur which lived 80 million years ago during the Cretaceous period.

It is strictly illegal to sell dinosaur remains in Mongolia.

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Prosecutor reveals officials involved in SME Fund scandal www.zgm.mn

Prosecutor’s Office recently disclosed the names of suspects in an official letter addressed to the Constitutional Court.

According to local media outlets, lawyers have submitted a complaint to the Constitutional Court regarding the Small and Medium-sized Enterprises Development Fund (SMEDF) embezzlement scandal. The Constitutional Court responded that they are unable to open a constitutional violation dispute over SMEDF loans to Parliament members involved in the scandal at the moment.

Thus, the Constitutional Court answered that the same request can be issued once the court settles the SMEDF case. Regarding the SMEDF scandal, the IAAC confirmed that several high-profile officials have issued over MNT 100 billion through affiliated people and entities; however, due to the scale of these cases, the IAAC said they are unable to disclose the number of people involved as the investigation requires more time. The IAAC also confirmed that the agency has issued a request to suspend the rights of three Parliament members over the SMEDF scandal, which is currently under review by the Prosecutor, and refused to reveal the names of these MPs.

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Children overcrowd hospitals due to swine flu outbreak www.zgm.mn

Regardless of immediate measure to increase capacity by adding additional beds, hospitals overcrowded with children suffering from influenza and common cold. In the first week of this year, a total of 4,136 instances out of 57,508 ambulatory care were diagnosed with influenza or similar illness in the capital city alone.

35.6 percent of patients were infants aged 0 to 1, 26.8 percent were aged 2 to 4 and 14.4 percent were aged 5 to 9. Out of 3,098 calls at children’s emergency services, 59.5 percent were influenza or similar illness calls. As a city-wide measure, 977 additional children’s beds and 695 hospital beds were installed at hospitals in the first week of 2019. As of today, a total of 1672 children are being treated at hospitals. A study conducted by the Ulaanbaatar city Health Department (UBHD) shows that 850 more children’s bed can also be installed at hospitals.

Sources say the majority of the patients were diagnosed with H1N1 virus, which forced the entire city to go into a quarantine a few years ago. A spokesperson of the UBHD remarked, “Influenza A virus subtype H1N1 is one of the common flu that annually outbreaks in Mongolia. The first outbreak of the virus, which is also called swine flu or pig flu, was in 2009. As a new virus, the symptoms were more severe and spread more easily, leading to several deaths, as the public was not immune to the virus. This kind of pandemic happens once every 20-30 years. As for Mongolia, influenza outbreaks are happening in every decade. After the 2009 breakout, H1N1 is now called respiratory flu. Main cause of the near-frequency is the cold weather.”

He then explained that the flu is highly contagious to people with low immunity, chronic illness, elders and children. “Since the first global epidemic of swine flu, people developed immunity towards it; however, the virus evolves constantly, leading to a seasonal flu outbreaks.”

According to officials, the influenza vaccine of this year comprises of H1N1 and H3N2 virus components.

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