1 MONGOLIA RECORDS USD 16.6 BILLION IN TRADE WWW.MONTSAME.MN PUBLISHED:2025/09/11      2 GOVERNMENT REPORTS OPERATIONAL IMPROVEMENTS AT ERDENES TAVANTOLGOI UNDER SPECIAL REGIME WWW.MONTSAME.MN PUBLISHED:2025/09/11      3 DIESEL LOCOMOTIVE CONVERTED TO HYBRID LOCOMOTIVE IN MONGOLIA WWW.RAILLYNEWS.COM  PUBLISHED:2025/09/11      4 MONGOLIA REVEALS ITS UNTAMED BEAUTY AND RICH CULTURE THROUGH THE EYES OF DUTCH TOURISTS ON AN UNFORGETTABLE ADVENTURE WWW.TRAVELANDTOURWORLD.COM  PUBLISHED:2025/09/11      5 ROBOTIC MILITARY DOG TRAINING FEATURED IN CHINA-RUSSIA-MONGOLIA BORDER DEFENSE EXERCISE WWW.NOVINITE.COM  PUBLISHED:2025/09/11      6 MONGOLIA DEPLOYS 15TH BATTALION’S SECOND CONTINGENT TO UN MISSION IN SOUTH SUDAN WWW.MONTSAME.MN PUBLISHED:2025/09/11      7 THE MONGOLZ RANKINGS RISE TO SECOND WORLDWIDE WWW.MONTSAME.MN PUBLISHED:2025/09/10      8 CHABOT MOBILITY JOINS MONGOLIA VOYAGER PROJECT TO EXPORT K-MOBILITY INFRASTRUCTURE WWW.BIZ.CHOSUN.COM  PUBLISHED:2025/09/10      9 "OYUT" COPPER DEPOSIT WITH 1.1 MILLION TONS OF PURE COPPER DISCOVERED WWW.GOGO.MN PUBLISHED:2025/09/10      10 CHINA-RUSSIA-MONGOLIA BORDER DEFENSE COOPERATION 2025 JOINT EXERCISE KICKS OFF WWW.ENG.CHINAMIL.COM.CN  PUBLISHED:2025/09/10      ЗАСГИЙН ГАЗРЫН WWW.D-GOV.MN ЦАХИМ СИСТЕМ ӨНӨӨДРӨӨС АЖИЛЛАЖ ЭХЭЛЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/11     ТӨМӨРТЭЙН ОВООНЫ ЦАЙРЫН ОРДЫН ТУСГАЙ ЗӨВШӨӨРЛИЙГ АЛБАН ТУШААЛТНУУД ХУВИЙН КОМПАНИДАА ШИЛЖҮҮЛЭН АВСАН ҮЙЛДЛИЙН УЛМААС ТӨРД УЧРУУЛСАН ХОХИРЛЫГ НЭХЭМЖЛЭХЭЭР БОЛОВ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/11     ТӨСВИЙН АЛДАГДАЛТАЙ АЛБАН ТУШААЛТНЫГ ЧӨЛӨӨЛНӨ WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/11     ДҮҮЖИН ЗАМЫН ТЭЭВЭР ТӨСӨЛД 2 ТЭРБУМААР ЗӨВЛӨХ ҮЙЛЧИЛГЭЭ АВНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/11     ИПОТЕКИЙН БАНК БАЙГУУЛАГДАХААС ӨМНӨ САНХҮҮЖИЛТИЙГ ЗАСГИЙН ГАЗАР РУУ ШИЛЖҮҮЛНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/09/10     Р.ЧИНГИСИЙГ ДОТООДЫН ЦЭРГИЙН ЕРӨНХИЙ КОМАНДЛАГЧААР ТОМИЛНО WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/10     БИРЖИЙН НҮҮРСНИЙ ЭКСПОРТ 739 МЯНГАН ТОНН БОЛЖ, ӨМНӨХ САРААС ХОЁР ДАХИН ӨСЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/10     “ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК НҮҮРС БАЯЖУУЛАХ ҮЙЛДВЭРЭЭС ГАРЧ БУЙ ХАЯГДАЛ НҮҮРСИЙГ ДАХИН БОЛОВСРУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/10     ХАЛЗАН БҮРЭГТЭЙН ОРДЫН АСУУДЛААРХ СОНСГОЛД ХОВДООС 50 ХҮН ОРОЛЦУУЛАХ ХҮСЭЛТ ГАРГАЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/09/10     “УЛААНБАДРАХ 300 МВТ ЦАХИЛГААН СТАНЦ” ТӨСЛИЙН ТЭЗҮ-ИЙГ МЭРГЭЖЛИЙН ЗӨВЛӨЛӨӨР ХЭЛЭЛЦҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/10    

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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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Development Bank of Mongolia and Sberbank of Russia sign MoU www.montsame.mn

 
Ulaanbaatar /MONTSAME/ On the sidelines of his official visit to the Russian Federation, Speaker M.Enkhbold handed Mongolian State Order – the Polar Star – to the leaders of the Moscow Power Engineering Institute on December 14.
 
The Russian institute has been awarded with the Polar Star order pursuant to a decree of the Mongolian President Ts.Elbegdorj, in recognition of its valuable contribution to training professional cadres for the Mongolian energy sector.
 
More than 300 Mongolians have graduated from the MPEI, some 20 of whom defended academic degrees and 150 received postgraduate training.
 
For this reason, the Polar Star order is being bestowed for the MPEI on occasion of the 95th jubilee of establishing diplomatic ties with Russia, explained Mr Enkhbold.
 
On the same day, the Development Bank of Mongolia and the SberBank of Russia inked a Memorandum of Understanding. The document was signed by B.Batbayar, the DB director, and A.Ivanov, Director of SberBank.
 
The Chairman of the State Great Khural, Mr M.Enkhbold is to meet V.A.Vasiliev, the Deputy Chairman of the State Duma and head of the United Russia faction in the State Duma, V.V.Volodin, Chairman of the State Duma, and V.I.Matviyenko, Chairwoman of the Federal Council.
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Australia's Crown Resorts leaves Las Vegas, sells down Macau www.reuters.com

 
Australia's No. 1 casino company Crown Resorts Ltd (CWN.AX) is planning a near-total exit from the world's two biggest gaming hubs, Las Vegas and Macau, as a gambling crackdown in China hits profits and throws its expansion plans into disarray.
 
In a surprise trading update on Thursday, the company scrapped plans to build a casino in Nevada's famed strip, said it would sell half its stake in Macau-focused Melco Crown Entertainment Ltd (MPEL.O) and canceled plans to spin off its international assets.
 
The retreat from overseas casinos shows the impact the Chinese government's anti-graft campaign is having on casino operators throughout Asia, especially the southern Chinese territory of Macau, the only place in China where casinos are legal.
 
Majority owned by Australian billionaire James Packer, Crown has been hard hit by the decline in VIP gaming revenue at its Australian resorts and was rocked in October by the arrest of 18 of its staff for "gambling crimes" in China.
 
"There's no doubt that those arrests changed everyone's outlook for the sector," said Angus Gluskie, a portfolio manager at White Funds Management, which holds Crown shares.
 
"It's not as easy as it previously looked."
 
Crown said it would use the A$1.6 billion ($1.2 billion) proceeds from the sale of its Macau stake to cut debt and pay a special dividend of A$500 million, more than half of which would go to Packer himself.
 
Macau has suffered gaming revenue declines every month for more than two years, while Crown said turnover from VIP gamblers - largely Asian tourists - at its Australian casinos would likely fall 45 percent in the six months to end-December.
 
Overall Australian revenue would fall 12 percent for the period.
 
Crown shares are in a trading halt as the company prepared to give more information about its plans for its remaining stake in Melco Crown. The stock has fallen by a fifth since August.
 
LEAVING LAS VEGAS
 
Crown did not elaborate on its decision to scrap development on the site slated for Alon Las Vegas, but it shuts the door on the company's third attempt to establish itself in the famous resort city.
 
When Packer inherited his late father's broadcasting, publishing and gambling conglomerate in 2007, his first moves included selling its media assets and buying two Vegas-based casino interests, one of which collapsed the following year while the other was written off in 2015.
 
"I don't think there was really anyone out there who was enthusiastic about them going back in to Vegas and so pulling out is the smart thing to do," said Theo Mass, a partner at Arnhem Investment Management which holds Crown shares.
 
"The market is not convinced Crown would make a difference there."
 
Crown's U.S. interests are now limited to a one-fifth stake in Japanese restaurant chain Nobu and a 2 percent stake in Casino firm Caesars Entertainment Co (CZR.O).
 
While Crown cancelled the demerger - a plan it recommended to shareholders as recently as October - it said it would still spin off a 49 percent stake in some Australian hotel properties.
 
Crown's first-half results are due in February 2017.
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China invests in over 25% of US startups, report says www.chinadaily.com.cn

 
China is flooding Silicon Valley with cash, as 26 percent of US unicorns are currently backed by investors from Greater China, while venture capital investment in US companies is down, according to a report.
 
Among the 32 investors that have backed US startups, Chinese internet giants like Alibaba and Tencent, as well as Chinese venture capitalists, are dominant, noted CB Insights, a New York-based investment research firm. Chinese investors have participated in over 40 American tech deals per quarter since 2014, and joined in major 2015 financing deals with the likes of Uber, Lyft and AirBnB among others, involving nearly $10 billion in US tech funding for 2015 alone.
 
"Start-up fundraising in Silicon Valley wouldn't function without Chinese money. It has changed the landscape," said Chris Nicholson, the CEO of Skymind, a deep learning startup, in an interview with the Washington Post.
 
Meanwhile, venture capital investors in the US have taken a more cautious approach as overall investment deal levels drop. What's more, the flood of crossover investment from mutual funds and hedge funds into private technology startups in the US has fallen drastically.
 
According to the report, the global ambitions of Chinese internet giants, the rise of wealth creation and a dearth of investment opportunities in China are the primary motivations for Chinese investors looking to the US.
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Japan, Russia to cooperate on gas, oil development www3.nhk.or.jp

 
Multiple gas and oil development projects are expected to be part of an economic cooperation plan between Japan and Russia.
 
In the run-up to the Japan-Russia summit from Thursday, the 2 governments have been working to materialize projects between companies from both countries based on an 8-point plan proposed by Japan.
 
Sources say 3 firms are expected to cooperate in building facilities to liquefy natural gas produced at the Sakhalin-2 gas field in Russia's Far East. The firms are Japanese trading houses Mitsui & Company and Mitsubishi Corporation and Russia's government-backed energy giant Gazprom.
 
The sources also say Japan Oil, Gas and Metals National Corporation, Japanese trading house Marubeni, and Russia's state-run oil firm Rosneft are expected to work together in exploring for oil and gas fields.
 
The sources also refer to concerted financing by Japanese financial institutions to Gazprom, as well as cooperation among firms in planned gas-field development in the Arctic.
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ADB and Mongolia implement 10 projects www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ Mongolia maintains active cooperation witn the Asian Development Bank in implementing joint projects in Mongolia.
 
These are the projects on Strengthening Institutional Framework and Management Capacity Project, on Dzud Disaster Response, on Regional Improvement of Border Services, on Southeast Gobi Urban and Border Town Development Project —Additional Financing, on Intelligent Transport Systems Development for Mongolia, on Development of Road Safety Policy and Action Plan, on Strengthening of Public Procurement for Improved Project Implementation, on Supporting Financial Sector Development and Stability, on Sustaining Access to and Quality of Education during Economic Difficulties, and on Upscaling Renewable Energy Sector Project.
 
The ADB’s assistance has played an important role in transforming Mongolia into a middle-income economy, and ADB’s country strategy for Mongolia has evolved over the years to match the changing needs of the country.
 
Assistance has been provided to help deepen market-oriented reforms, stabilize and broaden financial markets, establish or rehabilitate key infrastructure, develop agribusiness, improve services in secondary towns and cities, and restructure social services including education and health.
 
ADB is celebrating 25 years of successful partnership with Mongolia in 2016, and is now Mongolia’s largest multilateral development partner, with cumulative assistance of 2 billion USD in grants and loans. The total approved projects in 2015 alone amounted to 275 million USD, and ADB has an active portfolio of projects totaling 1 billion USD.
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Ukraine ‘discovers’ vast gas deposit…already found in the 1980s www.rt.com

 
A Ukrainian exploration vessel has 'discovered' a huge gas field in the Black Sea. However, it turns out the field was already found by the Soviet Union 30 years ago.
"The fact that Ukraine once again began to search for oil and gas on the shelf of the Black Sea indicates a titanic shift in exploration work by the country. According to our estimates, gas reserves amounting to at least 40 billion cubic meters in an area of 7,000 square meters," said Ukrainian Minister for Mineral Resources Nikolay Boyarkin.
 
According to Boyarkin, Ukraine has enough resources to satisfy its gas needs and can produce it on its own.
 
However, it turns out the deposits near Snake Island in the Black Sea were discovered in the 1980s by Soviet explorers. Moreover, the rights for these resources have been disputed by Ukraine and Romania, and in 2009 the International Court of Justice ruled for Romania, leaving Kiev with only 12 miles around the island.
 
"When talking about the 'discovery,' Nikolay Boyarkin described it as a "titanic shift." The "shift” is indeed “titanic,” joked Russian Deputy Prime Minister Dmitry Rogozin on Facebook.
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Qatar wealth fund plans $10bn investment in US infrastructur www.rt.com

 
The head of Qatar's sovereign wealth fund has told US officials it will invest $10 billion in the country’s infrastructure projects, Reuters reported. The move is a boost to the economic plans of incoming American President Donald Trump.
 
According to sources, the chief executive of the Qatar Investment Authority (QIA) Sheikh Abdullah bin Mohamed bin Saud al-Thani talked about the investment with the officials on Monday in Doha. Among those involved was Charles Rivkin, US assistant secretary of state for economic and business affairs.
 
The details on the timing of the investment have not been disclosed.
One of the world's largest sovereign funds the QIA has already said it intends to invest $35 billion in the US over the next five years. Reuters’ sources said it was not clear if the $10 billion investment was part of that.
 
Last year the sovereign fund opened an office in New York to "better access new and existing investment partners." The QIA controls more than $250 billion in funds and says it plans to target various sectors of the US economy and create American jobs.
 
Two years ago the fund, along with other investors, agreed to buy American Express’ business-travel division for $900 million.
 
It has invested in New York’s real estate market, acquiring four apartments at Zeckendorf Development’s 50 United Nations Plaza for around $45 million in 2015.
 
The Doha-based fund is looking to diversify its assets and is pressing ahead with investments overseas. The fund said it would “remain committed to its investments in Europe, Asia, and the Middle East.”
 
Among QIA plans is a $10 billion investment venture with China’s Citic Group. It also aims to invest as much as $20 billion in Asia in the next five years, and expand its offices in Beijing and New Delhi.
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Wells Fargo fails US bankruptcy test for a second time www.bbc.com

 
US bank Wells Fargo has been hit with restrictions after attempts to fix issues with its bankruptcy plan failed.
Banks labelled "too big to fail" must have a so-called "living will" that would allow them to close down without the help of public money.
Wells Fargo will be barred from opening international branches and buying non-bank companies until it satisfies the regulators.
The bank said it was "disappointed" with the regulators' decision.
The Federal Reserve and Federal Deposit Insurance Corporation said that Bank of America, Bank of New York Mellon, JP Morgan Chase, and State Street, whose living wills were also deemed deficient in April, had now adequately addressed their shortcomings. But Wells Fargo had failed to do so.
The Fed and FDIC said the bank had failed to adequately address two of the three big concerns they had identified.
It now has until the end of March to submit another revised plan to fix the failings.
"We believe we will be able to address the concerns raised today in the March 2017 revised submission," Wells Fargo said in a statement.
The issue is the latest blow for the bank which in September was fined $185m for illegally opening accounts to boost sales targets.
In October, Wells Fargo's chief executive, John Stumpf, abruptly resigned in the wake of the scandal over its sales practices.
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Mongolia-Russia Intergovernmental Commission reaches agreement on hydropower plant issue and many others www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ The 20th Meeting of the Mongolia-Russia Intergovernmental Commission on Trade, Economy, Science and Technical Cooperation completed on December 13 in Ulaanbaatar.
 
The sides have released protocols on cooperation in trade, economy, road and transport, investment, agriculture, energy and humanities. The ceremony for signing these documents was held at the State House. The documents were inked by the Deputy Prime Minister of Mongolia and Chair of the Mongolian part of the commission, Mr U.Khurelsukh and the Minister of Natural Resources and Environment of the Russian Federation and Chair of the Russian part of the Commission, Mr Sergey E.Donskoy.
 
Mr Donskoy said, summing up the commission meeting, “The 20th Meeting of the Intergovernmental Commission on Trade, Economy, Science and Technical Cooperation completed with success. During this meeting and the previous ones, both sides considered issues covering many areas of bilateral cooperation. Today, the cooperation in economic sphere is facing some difficulties. In 2015, the total external turnover decreased by 22 percent, and the negative trend was carried on throughout 2016. We must combine our efforts to produce tangible results from the political negotiations”.
 
“Today, we addressed a broad range of issues covering Russian-Mongolian commercial and economic transport, agriculture and the environment. Moreover, we also discussed new directions of cooperation. The matters of relations between Mongolia and the Eurasian Economic Union and establishing the Mongolia-Russia-China economic corridor were deliberated. Also, the sides elaborated issues of implementing the medium term program on realizing the strategic partnership and the operations of Ulaanbaatar Railway in details. After careful discussion on the hydropower plant project, based on the bank of Selenge River, the sides agreed to further collaboration. Today’s session revealed that abundance of cooperation potentials awaits the two countries. After all, the substantiating the ideas through actions is on us”, he added.
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Mongolia and Russia to broaden cooperation in energy, tourism, agriculture www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ After completion of the 20th Meeting of the Mongolia-Russia Intergovernmental Commission on Trade, Economy, Science and Technical Cooperation, the chairs of the Mongolian and Russian parts of the commission Mr U.Khurelsukh and Mr Sergey E.Donskoy made a press briefing on December 13 at the State House.
 
The Deputy Premier of Mongolia, Mr U.Khurelsukh presented the summary of results of the commission’s two-day meeting.
 
The results were introduced as the following:
 
-Intensification of cooperation in commerce, road and transport, investments, agriculture, energy and humanities was mutually agreed and confirmed. For instance, both sides acclaimed the establishment of Medium Term Program on Development of Strategic Partnership, and pledged commitments to its full implementation.
 
-The Russian side pledged support for the settling within the first quarter of 2017 an issue of forming a research team for feasibility on establishing Free Trade Agreement between Mongolia and the Eurasian Economic Union.
 
-The commission agreed to formalize a cooperation protocol in the nearest possible future between Mongolia’s General Customs Administration and Russia’s Federal Customs Service on sustaining the operations of Mongolia-Russia border checkpoint of Altanbulag-Khiagt.
 
--The commission approved organizing a meeting of financial institutions by the central banks of Mongolia and the Russian Federation in 2017. The sides also agreed to train up to 70 Mongolian students in universities under the Russia Ministry of Transport, in order to improve the performance of Ulaanbaatar Railway joint venture, cooperation in developing infrastructure and train professional cadres.
 
-The intergovernmental agreement on rail transport has been finalized and agreed to sign within the first quarter of 2017.
 
-Russian energy companies have conveyed their interest to establish joint companies in Mongolia, and to be involved in realization of new projects and renovation of Mongolia’s energy facilities. The Russian side promised to finalize the issue by next April of return of the geotechnical studies to Mongolia, which studies were conducted between 1960 and 1980 by Russian experts and have been kept in the archive of Rosgeology foundation.
 
-The commission accorded to resume the joint program on improving health of Mongolian livestock and start the second phase. It has been also agreed to consider the trades of agricultural products and to promote new agricultural project and businesses.
 
-The commission resolved to hold regular annual meetings of Mongolia-Russia joint council on preventing forest fires. In connection with Russia’s announcing 2017 as a year for Ecology and Specially Protected Areas, the sides agreed to organize an art competition among children.
 
-Mongolia and Russian sides confirmed their support for stimulating cooperation between film industries, organizing meetings of movie directors and producers, exchanging actors for organization of film festivals. The sides also agreed on collaborating in improving tourism services and security of travelers and promoting transboundary tours.
 
In addition, the commission decided to hold its 21st meeting in February of 2017 in Russia.
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