1 GAZPROM, MONGOLIA SIGN ENERGY MOU, PAVING PATH FOR POWER OF SIBERIA-2 WWW.OILPRICE.COM PUBLISHED:2025/08/27      2 MONGOLIA, US DISCUSS COOPERATION IN INVESTMENT, MINING, TOURISM, SPACE EXPLORATION WWW.MONTSAME.MN PUBLISHED:2025/08/27      3 MONGOLIA TO INCREASE COAL SUPPLY TO CHINA WWW.MONTSAME.MN PUBLISHED:2025/08/27      4 PM REAFFIRMS TRANSPARENCY IN BUDGET APPROVAL WWW.MONTSAME.MN PUBLISHED:2025/08/27      5 BUDGET 2026: SOCIAL INSURANCE AND WELFARE PENSIONS TO RISE BY 6% NEXT YEAR WWW.GOGO.MN PUBLISHED:2025/08/27      6 GAZPROM SIGNS MEMORANDUM OF COOPERATION WITH MONGOLIAN GOVT ON OIL AND GAS WWW.INTERFAX.COM PUBLISHED:2025/08/27      7 WATER-RELATED ACCIDENTS KILL 70 IN MONGOLIA THIS YEAR WWW.XINHUANET.COM PUBLISHED:2025/08/27      8 FITCH AFFIRMS MONGOLIAN MINING AT 'B+'; OUTLOOK STABLE WWW.FITCHRATINGS.COM  PUBLISHED:2025/08/26      9 20-DAY ODD-EVEN LICENSE PLATE RESTRICTION TO BEGIN ON AUGUST 27 WWW.GOGO.MN PUBLISHED:2025/08/26      10 WHY CHINESE INNER MONGOLIA BAOTOU STEEL UNION'S 40% PROFIT SURGE SIGNALS A STRONG BUY OPPORTUNITY WWW.AINVEST.COM  PUBLISHED:2025/08/26      ТӨГРӨГ НУУРЫН БҮЛЭГ ОРДЫГ ТӨРД БУЦААН АВАХААР ШИЙДВЭРЛЭЛЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/08/27     “ГАЗПРОМ”-ТОЙ ГАЗРЫН ТОСНЫ САЛБАРТ ХАМТРАН АЖИЛЛАНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/08/27     SXCOAL-ТАЙ ХАМТАРСНААР ХЭРЭГЛЭГЧДЭД ХАМГИЙН БОЛОМЖИТ ХУВИЛБАРЫГ САНАЛ БОЛГОХ БОЛОМЖТОЙ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/08/27     "РИО ТИНТО"-ТОЙ ХИЙХ АРБИТРЫН МАРГААНД ЗГ-ЫГ Н.МЯГМАРААР АХЛУУЛСАН АЖЛЫН ХЭСЭГ ТӨЛӨӨЛНӨ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/08/27     ЭМЭЭЛТ ЭКО АЖ ҮЙЛДВЭРИЙН ПАРКИЙН ДЦС-ЫН ГЭРЭЭНД ГАРЫН ҮСЭГ ЗУРЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/08/27     "ЦЕМЕНТ ШОХОЙ" ХК-ИЙГ ТҮШИГЛЭН АЖ ҮЙЛДВЭРИЙН ПАРК БАЙГУУЛАХ САНАМЖ БИЧИГТ ГАРЫН ҮСЭГ ЗУРЛАА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/08/27     ЭНХТАЙВАНЫ ГҮҮРИЙГ ШИНЭЧИЛЖ ЗАССАНААР 15-20 ЖИЛЭЭР НАСЖИЛТ НЭМЭГДЭНЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/08/27     ХЯТАДЫН ИМПОРТЫН НҮҮРСНИЙ 48 ХУВИЙГ МОНГОЛ УЛС, 29 ХУВИЙГ ОХУ-ААС НИЙЛҮҮЛЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/08/26     “ЦАЙРТ МИНЕРАЛ” КОМПАНИЙГ "ЭРДЭНЭТ"-ИЙГ ТҮШИГЛЭН БАЙГУУЛАХ ЗЭС ХАЙЛУУЛАХ ҮЙЛДВЭРИЙН СОНГОН ШАЛГАРУУЛАЛТАД ОРОЛЦУУЛАХААР УРЬЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/08/26     С.БЯМБАЦОГТ: ЗАСГИЙН ГАЗАР ОЮУ ТОЛГОЙН АСУУДЛЫН ЗАНГИЛААГ ТАЙЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/08/26    

Category

Events

Events

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

NEWS

64x64

Silk Road Conference asserts Mongolia’s role in nomadic tourism development www.en.montsame.mn

Ulaanbaatar /MONTSAME/ The International Silk Road Conference of Nomadic Tourism and Sustainable Cities, co-organized by the World Tourism Organization, the Ministry of Environment and Tourism of Mongolia and the World Cities Scientific Development Alliance opened on October 13 at the Tuushin Hotel of Ulaanbaatar. Opening addresses were given by the Speaker of Mongolian Parliament, Mr M.Enkhbold, the Minister of Environment and Tourism, Ms D.Oyunkhorol and the Executive President of WCSDA, Mr Dong Yangzhang.
 
Tourism is one of the most thriving industries of economy in this era of globalization, highlighted Mr Enkhbold. The sector creates millions of jobs, incepts intangible exports and waste-free productions, encourages investments, helps eradicating poverty and ensures stable economic growth, he went on.
 
This is a wonderful, the most peacemaking and sharing of all economic sectors, he underlined. Nowadays, tourists tend to be attracted to getaways from their civilized lifestyles for extraordinary cultures and pristine landscapes. This is an opportunity for some nations to exploit, said the Speaker.
 
The Speaker shared with the gathered that the government has set a goal to become a center of nomadic tourism, set out in the Concept of Sustainable Development until 2030.
 
According to the latest statistics, Mongolia hosts about 400 thousand tourist each year, which results in revenue of USD 263 million or 3.2 percent of the country’s GDP and 3.6 percent of total export.
 
Tourism in Mongolia created 50 thousand workplaces at home and ranks 99th place in the world and 19th in Asia-Pacific by competitiveness, the Speaker mentioned in his speech.
 
Minister D.Oyunkhorol said Mongolia is the home to nomadic tourism. It is impossible to argue with the fact that Mongolia has played a historic role in developing one of the world’s most ancient and important trade route called the Silk Road, which bridged peoples, ethnicities and scientific inventions. I am delighted at hosting this conference at home, said the Minister.
 
The government has been aiming to increase the number of tourists per year to one million by 2020, and the share of tourism revenue in the GDP to eight percent, she said.
 
The WCSDA Executive President Dong Yangzhang stressed Mongolia is a country of ancient history and culture, rich in biological and natural resources. Today’s tourism trend is to go back to the wild, and to experience the nomadic livestock herding culture in person. The Silk Road Conference is of historical significance in making Mongolia the hub of nomadic tourism development, he said.
 
The International Silk Road Conference has attracted over 350 delegates from 33 countries and international tourism organizations.
...


64x64

China tops US in numbers of billionaires www.bbc.com

China's annual rich list has indicated that, once again, the country has more dollar billionaires than the US, and the gap is widening.
Property magnate Wang Jianlin of Dalian Wanda tops the list of 594 billionaires in the country, ahead of 535 billionaires in the US.
Alibaba's Jack Ma was second, with his wealth having risen 41% from last year.
The annual list is compiled by Shanghai publishers Hurun and often compared to the Forbes list in the US.
The Hurun Report's rich list is one of the most closely-watched and accurate assessments of wealth in China. The annual report has been published for the past 18 years.
Earlier this year, the publisher released a separate, global list, showing that the number of billionaires in China outnumbered those in the US for the first time.
However, none of China's super-rich make it into the global top 20.
Global reach
At the top of the China rich list is Wang Jianlin, who sits on a personal fortune of $32.1bn (£26.4bn).
His company Dalian Wanda has made headlines throughout the year with a number of high profile forays into the US movie markets. It has taken over Legendary Pictures, as well as stepping into US and UK cinema chains and striking an alliance with Sony Pictures.
Alibaba's Jack Ma is a close second with $30.6bn, and Pony Ma of internet and online gaming giant Tencent comes third with $24.6bn.
The biggest increase came from Yao Zhengua of investment and real estate firm Baoneng Group, whose wealth jumped by 820% to $17.2bn, putting him in fourth position.
Hurun chairman Rupert Hoogewerf said Mr Yao's rise illustrated a shift in China's maturing economy.
"Yao's financial investment model represents the new wave of wealth creation in China," he explained. "The first money made in China 20 years ago came from trading, followed by manufacturing, real estate, IT, and today it is about using the capital markets for financial investments."
Robin Li and Melissa Ma of search engine Baidu have a fortune of $14.7bn, ranked eighth while founder of smartphone makers Xiaomi, Lei Jun, dropped out of the top 10 to number 14 as competition in China's smartphone market intensified.
Most of China's billionaires live in Beijing, followed by Shenzhen, Shanghai and Hangzhou.
Globally, the Forbes rich list is topped by Microsoft founder Bill Gates with $75bn, followed by Amancio Ortega of Zara and legendary investor Warren Buffett.
...


64x64

Sony puts VR headset for PlayStation 4 on sale www3.nhk.or.jp

Sony has put a virtual reality headset on sale worldwide for its PlayStation 4 game consoles. It is expected to heat up the global race in 3D technology for computer games.
 
The PlayStation VR was released in 42 countries and territories, including Japan, the United States and China, on Thursday. The headset is designed to plug into the game consoles.
 
The maker also put on sale 26 virtual reality games. Some allow users to take under-sea walks, or talk with game characters.
 
In Tokyo, customers flocked to a Sony store to attend a launch event. Many had reserved the device, which is priced at about 430 dollars at the current exchange rate.
One customer in his 30s said the device will bring him a completely new experience and he cannot wait to go home and play.
 
Sony Interactive Entertainment executive Atsushi Morita said VR technology has unlimited potential, such as allowing people who are too busy to make trips to enjoy virtual travel. He said now is the time to expand the market through competition among many makers.
 
Sony hopes to use its global sales network for home video-game consoles to expand its share of the VR game market. US and Taiwanese makers are currently in the lead.
...


64x64

China approves around $20 billion in urban rail projects www.reuters.com

China's state planner has approved urban rail plans costing 133.9 billion yuan ($20.08 billion) in the cities of Urumqi and Xiamen, according to statements published on the National Development and Reform Commission website.
 
The projects were a 33.8 billion yuan plan for 41.8 kilometers (26 miles) of subway lines in the northwestern city of Urumqi, as well as a 100.1 billion yuan scheme for 224 kilometres of lines in the coastal city of Xiamen.
...


64x64

Vietnam, India and the Philippines are Asia's new VIP stock markets www.asia.nikkei.com

HO CHI MINH CITY -- Toshifumi Sugimoto, senior executive officer of Capital Asset Management, started the morning of Sept. 23 in Ho Chi Minh City with a hasty call to a trader in Japan. He put in a buy order for as many shares of major Vietnamese IT company FPT as possible, having just learned that its foreign-owned stake was up for sale.

Forty years after reunification, Vietnam has made an international name for itself as a manufacturing powerhouse. But the ownership ratios for many Vietnamese companies are still capped at 49%, so when those stakes go up for sale, competition to snap them up is fierce. In the case of FPT, Sugimoto said, an instant decision was crucial. He was proved right: All 2 million shares being offered were sold before noon.

Triple strength

Surging interest from investors is a common feature of Asia's VIP markets -- Vietnam, India and the Philippines -- which are drawing greater attention as global growth continues to disappoint.

Much of the excitement about India comes from the sheer size of its market. The country has a population of 1.3 billion, and demand-oriented businesses, such as medicine and smartphones, are thriving. Narayana Hrudayalaya, which made an initial public offering in January, offers affordable medical services. Using prefabricated hospitals and other cost-cutting measures, the company can provide heart operations at prices that are around half the average in India. The company's share price has risen 30% since its IPO.

The Philippines, meanwhile, is taking advantage of having English as one of its official languages to nurture the business process outsourcing industry. With the growth of the middle class, "domestic demand-based industries such as infrastructure development and retail are rapidly growing," said Micaela Abaquita, an analyst at securities company CLSA Philippines.

One of the beneficiaries is real estate developer SM Prime Holdings. Its Mall of Asia shopping complex, located some 6km from central Manila, covers 420,000 sq. meters, making it one of the largest malls in Asia. SM Prime's revenue in 2015 stood at 71.5 billion pesos ($1.48 billion), up 8% on the year. Investors are buying into the developer's growth potential, pushing up its share prices by 30% since the start of the year.

The benchmark stock index in Manila hit its all-time high in July, while the key indexes in the other two VIP countries matched their year-to-date highs in September. This robust performance stands in sharp contrast to Tokyo, where it has fallen more than 10% since the end of December.

A big draw for investors is the growing spending power of consumers in the VIP markets. With per capita gross domestic product in the three countries nearing the $3,000 threshold, more and more people are able to afford cars, home appliances and other big-ticket items. The Philippines and Vietnam, though well behind India in terms of population, each have nearly 100 million people. The middle classes in all three countries are expected to continue expanding for decades to come, with an nearly immeasurable impact on the economy.

Changes in government are also expected to give a boost to economic development. Philippine President Rodrigo Duterte, who took office in June, promises to invest more in infrastructure. Although he makes headlines mostly for his incendiary comments and controversial war on drugs, investors have high hopes that he will be able to carry out what he has promised, said Masato Horie at Mitsubishi UFJ Research & Consulting.

...


64x64

China's trade remains stagnant www3.nhk.or.jp

The Chinese government has released trade figures for the country.

Customs officials say exports fell 10 percent in September from the same month last year, to 184.5 billion dollars. The figure was down for the 6th straight month.

Imports also shrank year-on-year for the first time in 2 months, by 1.9 percent, to 142.5 billion dollars.

Performance in both exports and imports was worse than predicted.

China's overall foreign trade totaled 327 billion dollars last month. That was 6.6 percent lower than the amount in September, 2015.

To bolster domestic demand, the Chinese government has been increasing construction of social infrastructure and supporting vehicle and housing sales.

But the latest data show that the world's second largest economy is still struggling with weak demand, both at home and abroad.

...


64x64

IMF to send team here www.en.montsame.mn

Ulaanbaatar /MONTSAME/ The International Monetary Fund (IMF) sending a working group here on October 20, to assess the current state of economy.
 
A delegation headed by the Governor of the Bank of Mongolia took part in the annual meeting of IMF and the World Bank Group, held last week in Washington D.C.
 
The delegates have met the leaders of IMF and WB and discussed the economic difficulties facing Mongolia.
...


64x64

IMF official says emerging markets crucial www.chinadaily.com.cn

The world will continue to rely heavily on developing nations, amid slowing momentum, to help keep the world economy growing, said Zhang Tao, a Chinese economic official who is the new deputy managing director of the International Monetary Fund.
 
"Looking into the future, emerging markets and developing countries will continue to contribute a great share of global growth," Zhang told reporters on Sunday evening.
 
Zhang was at his first yearly meetings of the IMF and World Bank in his new job. Zhang replaced Zhu Min, also a Chinese national, on Aug 22. The meetings were from Friday to Sunday in Washington, DC. Zhang is a vice-governor of the People's Bank of China and was IMF executive director for China from 2011 to 2015.
 
The IMF has forecast global growth to slow to 3.1 percent in 2016, below the April forecast of 3.2 percent. The 2017 forecast is 3.4 percent, below April's 3.5 percent figure.
 
Zhang called growth in Europe flat, while the United States forecast has been cut by 0.6 percentage point, a change he said that has not surprised the market.
 
He says he thinks that Brexit and some issues debated during the 2016 US presidential election have discouraged investors, while many developed countries also face declining productivity and aging populations.
 
Zhang described the debate in some developed countries about income inequality and its relationship with globalization as going beyond the economics.
 
Still, the world's second-largest economy, China has been a major engine for the global economy before and after the 2008 financial crisis.
 
According to the latest World Economic Outlook report released last week, financial market sentiment toward emerging market economies has improved.
 
But prospects differ sharply across countries and regions, with emerging Asia in general and India in particular showing robust growth and sub-Saharan Africa experiencing a sharp slowdown.
 
In advanced economies, a subdued outlook subject to sizable uncertainty and downside risks may fuel further political discontent, with anti-integration policy platforms gaining more traction, according to the report.
...


64x64

Pimco took part in Deutsche Bank bond offerings: source www.reuters.com

Pacific Investment Management Co, which oversees more than $1.5 trillion in assets under management, took part in Tuesday's $1.5 billion Deutsche Bank AG (DBKGn.DE) bond offering as well as a $3 billion bond deal on Friday, a source familiar with the matter told Reuters on Wednesday.
 
Pimco, a unit of financial services provider Allianz SE (ALVG.DE) and one of the largest asset managers in the world, was said to be a major investor in both bond offerings, the source added. A spokeswoman for Pimco declined to comment.
 
Deutsche's bond spreads have been under pressure since September, when the U.S. Department of Justice asked the bank to pay $14 billion to settle an investigation into its selling of mortgage-bond securities.
 
But after raising $4.5 billion over two days, both times investor-initiated, the bank instilled some confidence that it is making progress in putting some problems behind it.
 
Deutsche paid a new-issue concession of around 50 basis points on Friday's deal, which was a chunky premium compared with its outstanding bonds.
 
But it was broadly in line with where its paper was trading after the sell-off occasioned by the Justice Department request.
 
Tuesday's self-led tap of its 4.25 percent October 2021s priced at 100.263 and a spread of 290 basis points over Treasuries for a yield of 4.191 percent, offering investors a premium of around 25 basis points.
 
The bond that priced Friday, which was sold to a limited number of investors, had rallied up to 40 basis points in secondary markets after clearing at 300 basis points over Treasuries.
 
Many of the same investors bought in again on Tuesday. Friday's deal was the first Deutsche Bank had sold in the U.S. dollar market in five months.
 
David Schawel, who runs opportunistic income strategy at New River Investments, said Pimco's involvement makes sense. "It's accretive to yield and their exposure is likely not big enough across portfolios to make a dent if it goes bad," Schawel said.
 
IFR, a unit of Thomson Reuters Corp (TRI.TO), first reported on both Deutsche Bank bond offerings.
...


64x64

Deutsche Bank to pay $9.5 mil. penalty www3.nhk.or.jp

US regulators say Germany's leading lender has agreed to pay a fine of 9.5 million dollars. They say Deutsche Bank failed to properly safeguard non-public information generated by its analysts.

The officials at the Securities and Exchange Commission say the bank encouraged its equity research analysts to disclose unpublished reports to certain customers.

The commission has also accused the bank of issuing a report that is inconsistent with the opinions of the analysts who prepared it.

The SEC officials point out that information generated by research analysts, including ratings and estimates, has the power to move markets.

The commission says broker-dealers must enforce policies to prevent the abuse of such information.

The bank may face another huge penalty over the allegedly illegal sales of mortgage-backed securities before the financial crisis. The US Justice Department is investigating those allegations.

...


  • Terms of Reference
  • About
  • Contact Us

Managed by: B2BMongolia www.b2bmongolia.com

Events

News

Facebook