1 GOLD AND COPPER PRICES SURGE WWW.UBPOST.MN PUBLISHED:2025/04/02      2 REGISTRATION FOR THE ULAANBAATAR MARATHON 2025 IS NOW OPEN WWW.MONTSAME.MN PUBLISHED:2025/04/02      3 WHY DONALD TRUMP SHOULD MEET KIM JONG- UN AGAIN – IN MONGOLIA WWW.LOWYINSTITUTE.ORG  PUBLISHED:2025/04/02      4 BANK OF MONGOLIA PURCHASES 281.8 KILOGRAMS OF PRECIOUS METALS IN MARCH WWW.MONTSAME.MN PUBLISHED:2025/04/02      5 P. NARANBAYAR: 88,000 MORE CHILDREN WILL NEED SCHOOLS AND KINDERGARTENS BY 2030 WWW.GOGO.MN PUBLISHED:2025/04/02      6 B. JAVKHLAN: MONGOLIA'S FOREIGN EXCHANGE RESERVES REACH USD 5 BILLION WWW.GOGO.MN PUBLISHED:2025/04/02      7 185 CASES OF MEASLES REGISTERED IN MONGOLIA WWW.AKIPRESS.COM PUBLISHED:2025/04/02      8 MONGOLIAN JUDGE ELECTED PRESIDENT OF THE APPEALS CHAMBER OF THE ICC WWW.MONTSAME.MN PUBLISHED:2025/04/01      9 HIGH-PERFORMANCE SUPERCOMPUTING CENTER TO BE ESTABLISHED IN PHASES WWW.MONTSAME.MN PUBLISHED:2025/04/01      10 LEGAL INCONSISTENCIES DISRUPT COAL TRADING ON EXCHANGE WWW.UBPOST.MN PUBLISHED:2025/04/01      УСТСАНД ТООЦОГДОЖ БАЙСАН УЛААНБУРХАН ӨВЧИН ЯАГААД ЭРГЭН ТАРХАХ БОЛОВ? WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     САНГИЙН ЯАМ: ДОТООД ҮНЭТ ЦААСНЫ АРИЛЖАА IV/16-НААС МХБ-ЭЭР НЭЭЛТТЭЙ ЯВАГДАНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     МОНГОЛБАНКНЫ ҮНЭТ МЕТАЛЛ ХУДАЛДАН АВАЛТ ӨМНӨХ САРААС 56 ХУВИАР, ӨМНӨХ ОНЫ МӨН ҮЕЭС 35.1 ХУВИАР БУУРАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     Б.ЖАВХЛАН: ГАДААД ВАЛЮТЫН НӨӨЦ ТАВАН ТЭРБУМ ДОЛЛАРТ ХҮРСЭН WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     1072 ХУВЬЦААНЫ НОГДОЛ АШИГ 93 500 ТӨГРӨГИЙГ ЭНЭ САРД ОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     Н.УЧРАЛ: Х.БАТТУЛГА ТАНД АСУУДЛАА ШИЙДЭХ 7 ХОНОГИЙН ХУГАЦАА ӨГЧ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/02     “XANADU MINES” КОМПАНИ "ХАРМАГТАЙ" ТӨСЛИЙН ҮЙЛ АЖИЛЛАГААНЫ УДИРДЛАГЫГ “ZIJIN MINING”-Д ШИЛЖҮҮЛЭЭД БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ТӨМӨР ЗАМЫН БАРИЛГЫН АЖЛЫГ ЭНЭ САРЫН СҮҮЛЭЭР ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/02     “STEPPE GOLD”-ИЙН ХУВЬЦААНЫ ХАНШ 4 ХУВИАР ӨСЛӨӨ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ҮЙЛДВЭРЛЭЛИЙН ОСОЛ ӨНГӨРСӨН ОНД ХОЁР ДАХИН НЭМЭГДЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2025/04/01    

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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Beijing to cut coal consumption by 30 percent in 2017 www.xinhuanet.com

BEIJING, March 23 (Xinhua) -- Beijing will cut coal consumption by 30 percent this year to reduce the source of air pollution, the Municipal Commission of City Management announced on Thursday.

The city will keep total coal consumption under 7 million tonnes this year, according to the commission.

Beijing will close more coal-fired boilers, and replace all low-quality coal with clean coal in rural areas, said Chai Wenzhong, deputy head of the commission.

A new natural gas pipeline that will transfer gas from Shaanxi Province to Beijing is under construction and expected to be in operation by the end of October.

Local authorities announced earlier this year that the city plans to invest 18 billion yuan (2.6 billion U.S. dollars) in treating air pollution this year. At least 500 manufacturers will be shut down and heavy diesel vehicles restricted.

Emissions from burning coal are a source of breathable toxic particulate matter, known as PM2.5, which causes smog.

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100 kinds of factories to open in all regions www.montsame.mn

Ulaanbaatar /MONTSAME/ The Government of Mongolia, regardless of the current economic difficulties, is to maintain consistency of the “21:100” program on building new factories. This means that factories of 100 kinds of heavy and light production for substituting imports will be built in all 21 provinces of Mongolia.

Studies have been conducted for the factories, and their results will be discussed by the cabinet for approval, reports the Minister of Food, Agriculture and Light Industry.

Within this program, a major national manufacturer APU Company has set a goal to increase investment for dairy production in 2017. APU has constituted 21.4 percent of the milk market in 2016, and has been exporting its products to Russia, South Korea, and Hong Kong, China.

As for heavy industry, the Government has named four major projects, including a oil processing plant in Sainshand and Ferrous Complex in Darkhan-Selenge region. 
A bid has been announced for companies that are interested in preparing the feasibility study and consulting for the oil processing plant project. Four India-based companies have taken parts in the bid, two of them were selected. The final results will come out by April 15.

The feasibility study of the Ferrous Complex of Darkhan –Selenge region is projected to complete within July.

Another heavy industry project on coal gasification plant is expecting a complete feasibility study in the near future. The coal gasification plant project is funded by World Bank.

The Government has set to forward a project on copper concentrate plant.

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Air pollution program’s initial cost totals to MNT 9.9 billion www.montsame.mn

Ulaanbaatar /MONTSAME/ The National Program on Reducing Air and Environmental Pollution is the key solution to the pressing issues of Ulaanbaatar, which a half of the country’s population call home, said a government official on Thursday during a meeting with journalists.

The meeting took place among media representatives and officials of the Ministry of Environment and Tourism and Ulaanbaatar Mayor’s Office. Present were also, Minister of Environment and Tourism D.Oyunkhorol and Deputy Mayor of Ulaanbaatar in charge of Green Growth and Air Pollution J.Batbayasgalan.

The city administration and the government have been fiercely criticized for the past several year that they have been making the issue of air pollution fade away as the climate gets warmer and the smog level decreases naturally.

“The city administration has been doing its best to satisfy its residents on this problem. However, we need journalists’ support on introducing and implementing this nationwide program targeted to reducing air pollution”, said J.Batbayasgalan.

The national program was approved on March 20 by the cabinet of ministers, with five key objectives to be realized in 2017-2019 (Phase I) and 2020-2025 (Phase II). Total initial cost will be MNT 9.9 billion.

Minister D.Oyunkhorol informed: the Key Strategic Objectives include Sophistication of urban planning; Decentralization; Improving infrastructure; Curbing pollution and Shaping eco-friendly lifestyle among citizens and ensuring people’s right to secure and healthy living environment, as set out in the Constitution of Mongolia.

Within the First Objective, the program actions will be directed at gradually reducing usage of raw coal for fuel by introducing households to latest environmentally friendly technologies. Decentralization, the Second Ovjective, is to be mobilized through adequate urban planning and infrastructure policies.

Raising public’s awareness of pollutants and establishing an merit and incentive-based system for curbing air pollution are also important factor in making the objective come in life, said the Minister.

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Twitter considers paid membership option www.bbc.com

Twitter is considering adding a paid membership option for businesses and power users.
The micro-blogging service, which has struggled to grow its user base in recent years, is carrying out surveys to “assess interest” in the idea.
Paying members would get access to an enhanced version of Tweetdeck, Twitter’s souped-up interface that offers more functionality than Twitter.com.
The company has not made any indication it is considering charging regular users of the service.
But a premium membership scheme could offer Twitter a new revenue stream at a time when users are increasingly turning to other networks such as Snapchat.
Twitter’s active user base has plateaued - and advertising revenues, currently the firms only meaningful income stream, are in decline. Twitter’s struggles come despite the online advertising market growing considerably in the past year.
'More valuable'
Twitter has surveyed a small selection of its users about the idea.
In a statement, the company said: "We regularly conduct user research to gather feedback about people’s Twitter experience and to better inform our product investment decisions, and we're exploring several ways to make Tweetdeck even more valuable for professionals.”
In an email to selected users, the company described how the new tool would work.
"This premium tool set will provide valuable viewing, posting, and signaling tools like alerts, trends and activity analysis, advanced analytics, and composing and posting tools all in one customizable dashboard,” the note said.
"It will be designed to make it easier than ever to keep up with multiple interests, grow your audience, and see even more great content and information in real-time.”
If it goes ahead with premium accounts, Twitter will be competing with more established players like SocialFlow and HootSuite - companies that have offered enhanced ways to use Twitter for many years.
Why it has taken the company this long to roll out its own initiative is not clear. In 2009, co-founder Biz Stone said the firm had hired a product manager to develop premium features, but these never materialised - and Mr Stone left the company in 2011.

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Satellite town to be built near new airport www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ Yesterday, Speaker of the Parliament M.Enkhbold got acquainted with development process of a new airport in Khushigt Valley hondii valley in Sergelen soum of Tuv aimag.
 
The construction work of the airport started on June 25, 2013 and is now fully completed. However, some works have not been finished due to financial shortage to be provided by the Mongolian side. “ - This airport is our gate to abroad and face of the country. We should fulfill our duty, solving financial issues for including construction of power station which should supply the airport with energy. Some parts of the finance have been already included in the state budget. Relevant ministry pays attention to intensifying works” he said.
 
The speaker also noted that even though over 30 buildings and facilities have been completed, the airport cannot start commissioning in scheduled time of 2017 as preparations for making flights need to be satisfied. The airport will most likely start its operation and receive passengers in May of next year after completing installation and testing of necessary facilities and equipment as well as some furnishing works.
 
“- A satellite town will be built near the airport. The Government approved a general plan of satellite town with population of 80-100 thousand in June, 2012. That time I was working as Deputy Minister. However, no work has been done to realize it for the last four years. I hope big progress will be made now. When the airport starts its operation, 2000 persons will be employed at the first stage. Therefore a satellite town is necessary” said speaker M.Enkhbold.
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Olon Ovoot port expanded to increase coal export www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ “The expansion of Olon Ovoot port will help increase income from coal and employment in Mongolia”, remarked D.Ganbat, Minister of Road and Transport Development D.Ganbat as he attended an official inauguration ceremony of an expanded terminal built at Olon Ovoot port, Dornogobi aimag on March 23.
 
Mongolia had begun testing rail transport of coal from the Olon Ovoot port to Chinese Tianjin port, the closest sea port of the People’s Republic of China to Mongolia.
 
In response to increase coal demand from China, Ulaanbaatar Railway Joint Venture in cooperation with the Ministry of Road and Transport Development expanded the Olon Ovoot port by building the first unit of its terminal within 20 days, making possible the transport of 100-150 wagon coal which would increase Mongolia’s coal export to its southern neighbor by 200 thousand tons a month and 2.5 million tons a year.
 
The terminal’s construction was co-realized with private sectors from November 6 to December 21, 2016, using MNT 1.4 billion investment. More than 20 thousand tons of cargo has been transported in 2017 since its construction.
 
The second rail line will be constructed from April to June this year, and when in full operation, the Olon Ovoot terminal will be capable of transporting 300-wagon or 19,500 tons of cargo. The Olon Ovoot port of Dornogobi aimag was set up in 1974.
 
Those present at the inauguration ceremony included Yang Qingdong, Charge d’affaires at the Chinese Embassy in Mongolia and D.Jigjidnyamaa, Director of Ulaanbaatar Railway Joint Venture.
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New procedure for exploration licenses to be adopted www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ On March 23-24, the annual ‘Mongolian Geology and Exploration’ conference, initiated by the Society of Economic Geologists is gathering geologists for the 9th time this year.
 
Attended by representatives of mining companies, international associations, investors and the Mongolian Ministry of Mining and Heavy Industry, the conference serves as a platform for discussion on geology, mining, legal environment surrounding and government policy on minerals at Corporate Hotel & Convention Center.
 
In his opening speech, Deputy Minister of Mining and Heavy Industry D.Zagdjav defined the purpose of the conference as introducing the output of the works of Mongolian geologists, strengthening cooperation between government and private sectors, and attracting foreign and domestic investment.
 
The Ministry of Mining and Heavy Industry is also planning to begin following a new procedure for the issuance of exploration licenses which will introduce new policies such as giving special permissions based on the exploration plans and amount of investment and allowing both domestic and foreign entities to submit applications.
 
Presently, some 15 geological research works are ongoing as MNT 9.3 billion was allocated from the 2017 state budget for basic geological researches.
 
“Compared to last year, investment in mining is increasing, and it has been estimated that mining sector will accumulate MNT 13.3 billion in state budget this year”, said M.Enkhjargal, Deputy Director of Mineral Resources and Petroleum Authority of Mongolia.
 
In conjunction with the ‘Mongolian Geology and Exploration’ conference, side events like announcement of mineral exploration and exploitation projects, business meeting of investors, ‘Mongolian landscape through the lenses of explorers’ photography exhibition and ‘The finest of minerals and rocks’ exhibition are also being held.
 
Organizers of the annual conference include the Ministry of Mining and Heavy Industry, Mineral Resources and Petroleum Authority, General Authority of Specialized Inspection, Mongolian University of Science and Technology and National University of Mongolia.
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Austria doubles cash offer for migrants to leave country www.rt.com

 
As part of a campaign to speed up the repatriation of around 50,000 asylum seekers, Vienna said it would double the amount of money paid to migrants who voluntarily return home.
 
They would be paid €1,000 ($1,080) to leave the country instead of the €500 previously offered.
 
Austria's Interior Minister Wolfgang Sobotka said the plan is primarily targeting "those who are not likely to be granted the right to long-term residence."
 
The payment offer is currently only available to the first 1,000 interested people who have already filed an asylum application.
 
It is primarily aimed at nationals from Iraq, Iran, Afghanistan and sub-Saharan countries, excluding people from neighboring Balkan countries.
 
With a population of 8.7 million people, Austria has received more than 130,000 asylum applications since 2015.
 
Official figures showed about 10,700 refugees left the country last year, including 5,800 by choice.
 
"The advantage of voluntary returns is that they are less traumatic," said Bernd Wachter of Caritas Austria, the Catholic Church's humanitarian organization which works closely with refugees.
 
"They allow you to better organize the reintegration in the country of origin," he told AFP.
 
Austria is among the countries hardest hit by the EU refugee crisis, with thousands of migrants and asylum seekers making their way toward central Europe.
 
According to Defense Minister Hans Peter Doskozil, up to 1,000 refugees and migrants enter the country every week.
 
Austrian Foreign Minister Sebastian Kurz has criticized the EU refugee quota plan, calling it “totally unrealistic.” The distribution of refugees by EU quotas doesn’t function because many countries are not ready to receive a high number of asylum seekers, he said. The situation with refugees in the EU is aggravated by the fact that migrants prefer certain countries to stay, Kurz added.
 
Austria’s government has capped asylum applications at 35,000 for 2017, announcing plans to strengthen surveillance and security measures, ban full-face veils in public and oblige migrants to sign an "integration contract."
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Russia's banking system has SWIFT alternative ready www.rt.com

 
If the Society for Worldwide Interbank Financial Telecommunication (SWIFT) is shut down in Russia, the country’s banking system will not crash, according to Central Bank Governor Elvira Nabiullina. Russia has a substitute.
 
"There were threats that we can be disconnected from SWIFT. We have finished working on our own payment system, and if something happens, all operations in SWIFT format will work inside the country. We have created an alternative," Nabiullina said at a meeting with President Vladimir Putin on Wednesday.
 
She also added that 90 percent of ATMs in Russia are ready to accept the Mir payment system, a domestic version of Visa and MasterCard.
 
Izvestia daily reported that as of January 2016, 330 Russian banks had been connected to the SWIFT alternative, the system for transfer of financial messages (SPFS).
 
In 2014 and 2015, when the crisis in relations between Russia and the West were at their peak over Crimea and eastern Ukraine, some Western politicians urged disconnecting Russia from SWIFT.
 
In November 2015, Nabiullina said the SPFS was close to being completed.
 
The central bank’s website says the system was established “as an alternative channel for interbank cooperation with the aim of ensuring the guaranteed and uninterrupted provision of services for the transmission of electronic messages on financial transactions.”
 
At present, the system has some drawbacks. It doesn’t work from 9pm to 5am Moscow time and costs up to five cents per wire transfer, which is regarded expensive.
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Alibaba to set up e-commerce hub in Malaysia www.chinadaily.com.cn

 
KUALA LUMPUR - China's e-commerce giant Alibaba group on Wednesday announced a plan to set up an e-commerce hub in Malaysia encompassing logistics, cloud-computing and e-financial service to boost trade and e-commerce in the region.
 
The e-commerce hub will be part of the collaboration between Alibaba and the Malaysian government in the development of a Digital Free Trade Zone (DFTZ) in Malaysia, in line with the Electronic World Trade Platform (eWTP) promoted by Jack Ma, Alibaba's executive chairman.
 
In launching the DFTZ with Malaysian Prime Minister Najib Razak, Ma said its first overseas e-hub would be aimed at empowering small and medium enterprises (SMEs) as well as the younger generation.
 
"This is the first hub specifically designed for small business and young people," he said. "And we are going to use new technology to empower small business and young people."
 
"There will be a logistics hub, we got one-stop service, we have got big data. As long as you have a good product, you have a good idea, this facility is going to enable you," he said.
 
For his part, Najib said Alibaba is the "perfect partner" for Malaysia to develop its digital economy.
 
Among the cooperation announced on Wednesday, Alibaba's logistic platform Cainiao and its e-commerce website Lazada will lead the effort to develop a regional e-commerce and logistics hub near the Kuala Lumpur International Airport.
 
The initial phase is currently expected to roll out before the end of 2017 by Alibaba, Cainiao, Lazada and Post Malaysia, leading to the planned formal launch by the end of 2019.
 
Alibaba Cloud, its cloud computing arm, will build a cloud platform in Malaysia to foster the local SMEs, while Ant Financial inked an agreement with Malaysia's leading banks CIMB bank and Maybank to explore collaboration opportunities in e-payment and financing services in Malaysia, with an initial focus on inbound Chinese tourism and promoting trade by Malaysian SMEs.
 
Daniel Zhang, chief executive of Alibaba Group, said Malaysia is chosen as Alibaba's regional logistics hub for its location as well as the fact that the two sides share the same vision.
 
"Globalization is Alibaba's long term strategy and today is an important milestone," said Zhang.
 
Neither Zhang nor Ma gave specific amount of investment that Alibaba plans to make in Malaysia, but Zhang said the group is committed to investing and developing the hub while drawing the long-term plan with the Malaysian side.
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