1 THE MOST EXPENSIVE MISTAKE MONGOLIAN COMPANIES KEEP MAKING AND CALLING IT A HIRING DECISION (BLOG) WWW.LAMBDA.GLOBAL PUBLISHED:2026/08/12      2 MONGOLIA SUCCESSFULLY TESTS INTERCITY FREIGHT TRANSPORT WITH HEAVY ELECTRIC TRUCKS FOR THE FIRST TIME WWW.OPEN.KG PUBLISHED:2026/08/12      3 MONGOLIA RATIONS GASOLINE AS FUEL SHORTAGES SEND DRIVERS INTO LONG LINES WWW.INTELLINEWS.COM PUBLISHED:2026/08/12      4 VIEWS EXCHANGED WITH ADB ON EDUCATION SECTOR REFORM AND COOPERATION WWW.MONTSAME.MN PUBLISHED:2026/08/12      5 “FOREIGNERS WHO LEARN ABOUT CHINGGIS KHAAN THROUGH HISTORY AND THE HU THROUGH MUSIC ARE BECOMING MORE INTERESTED IN THE MONGOLIAN LANGUAGE” WWW.GOGO.MN PUBLISHED:2026/08/12      6 CHINA TO SUPPORT THE ORGANIZATION OF COP17 IN MONGOLIA WWW.MONTSAME.MN PUBLISHED:2026/08/12      7 MONGOLIA SAYS RUSSIA AGREED TO SEND EMERGENCY FUEL SUPPLIES AMID SHORTAGES WWW.THEMOSCOWTIMES.COM PUBLISHED:2026/08/12      8 MONGOLIA'S EYEING LONDON, AGAIN WWW.CAPITALMARKETS.MN PUBLISHED:2026/08/11      9 CHINA BARS ITS TOP AI ENGINEERS FROM OVERSEAS TRAVEL AND STARTS A MASSIVE DATA CENTER BUILD OUT IN MONGOLIA, WHILE NVIDIA PARRIES BY MOBILIZING $500 BILLION IN AI FINANCING WWW.WCCFTECH.COM PUBLISHED:2026/08/11      10 ADB APPOINTS JOHN JUHYUN JEONG AS NEW COUNTRY DIRECTOR FOR MONGOLIA WWW.THEDIPLOMATICINSIGHT.COM PUBLISHED:2026/08/11      “БАЯНХОШУУ ДЭД ТӨВ”-ИЙН ДАРААГИЙН 150 АЙЛЫН БАРИЛГЫН АЖИЛ 92 ХУВЬТАЙ БАЙНА WWW.GOGO.MN НИЙТЭЛСЭН:2026/08/12     НАЙМДУГААР САРЫН ШАТАХУУНЫ ХЭРЭГЛЭЭГ БҮРЭН ХАНГАХ НӨХЦӨЛ БҮРДЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/08/12     БАГАХАНГАЙ -ХӨШИГИЙН ХӨНДИЙ - ЭМЭЭЛТ ЧИГЛЭЛИЙН ТӨМӨР ЗАМЫН ТӨСЛИЙГ ХЭЛЭЛЦЭНЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/08/12     МОНГОЛ ДАХЬ ГАДААД АЖИЛЧДЫН ТОО 43 ХУВИАР ӨСЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/08/12     "ШАТАХУУНЫ НӨӨЦГҮЙ БОЛСОН УЛС, ОРНУУД ЗАЙНААС АЖИЛЛАХ БОДЛОГО ХЭРЭГЖҮҮЛЖ ЭХЭЛСЭН" WWW.GOGO.MN НИЙТЭЛСЭН:2026/08/12     ГААЛИЙН АЛБАН ТУШААЛТНУУДЫН АВЛИГЫН ХЭРГҮҮДИЙГ ШАЛГАЖ, ЗАРИМД НЬ ЯЛ ОНООЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/08/12     А.АМАРТҮВШИН: 100 ХУВЬ ХАГАС КОКСОН ТҮЛШИЙГ АЙЛ ӨРХҮҮДЭД БОРЛУУЛНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/08/11     Н.ТАВИНБЭХ НАРЫН ДӨРВӨН ХҮНД ХОЛБОГДОХ ХЭРГИЙГ ШҮҮХЭД ШИЛЖҮҮЛЛЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/08/11     ИНФЛЯЦ СҮҮЛИЙН ТАВАН САРД ХОЁР ДАХИН ӨСӨЖ, 13 ХУВЬД ХҮРЛЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/08/11     ГССҮТ: ДОЛООН САРЫН ХУГАЦААНД 1989 ХҮН СКҮҮТЕР, МОПЕДНЫ ОСЛООР БЭРТСЭН WWW.NEWS.MN НИЙТЭЛСЭН:2026/08/11    

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Events

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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Huawei plans voice assistant for phones www.chinadaily.com.cn

 
Huawei Technologies Co, the third-biggest smartphone maker, is preparing to enter the competitive world of digital assistants with its own voice-powered service, sources said.
A team of more than 100 engineers is in the early stages of developing the technology at its Shenzhen offices, one of the sources said.
The efforts are extensive and are aimed at Apple Inc's Siri, Amazon.com Inc's Alexa, and Alphabet Inc's Google Assistant, not smaller players, the source added
Huawei's assistant would communicate in Chinese and target domestic users while the company continued to work with Google and Amazon outside China, one of the sources said.
Huawei is targeting $33 billion in sales from its consumer business this year. The company trails only Apple and Samsung Electronics Co in global smartphone shipments.
Having a major Android device manufacturer choose to build a voice assistant in-house may throw another wrench in Google's plans. Huawei last month announced it would use Alexa on its Mate 9 smartphones in the United States.
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EU parliament approves free trade pact with Canada www3.nhk.or.jp

 
The European Parliament has approved a free trade agreement between the European Union and Canada.
The EU's legislature in Strasbourg, France, on Wednesday voted in favor of the Comprehensive Economic and Trade Agreement with Canada -- the EU's first free trade pact with a major industrialized economy.
Both sides signed the agreement in October, after 7 years of negotiations.
The deal will remove tariffs on 99 percent of agricultural and industrial products traded between the bloc and Canada.
It is expected to take effect as early as next month, except for in some fields, such as investment, that require ratification by all member states.
The EU has expressed strong concerns about US President Donald Trump's protectionist policy.
EU Trade Commissioner Cecilia Malmstrom said the EU and Canada will together prove that protectionism won't work.
The EU is also negotiating an Economic Partnership Agreement with Japan. Both sides hope to reach a broad agreement at an early date this year.
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Agreement on Partnership and Cooperation with EU approved www.montsame.mn

Ulaanbaatar /MONTSAME/ The European Parliament gave consent to the Framework Agreement on Partnership and Cooperation /PCA/ signed between Mongolia and the European Union in 2013 and adopted a resolution during its plenary session held on 15 February 2017.

Following the resolution, H.E. Mr. M.Enkhbold, the Chairman of the State Great Hural /Parliament/ of Mongolia expressed his gratitude through a letter to H.E. Mr. Antonio Tajani, the President of the European Parliament. Upon the adoption of this resolution, the Council of the European Union is expected to issue an official decision for entry into force of the PCA.

Entry into force of the PCA between Mongolia and EU will constitute a legal basis of enhancing the Mongolia-EU relations in different fields, such as trade and economic cooperation, development cooperation, agriculture and local development, energy, climate change, academic research, innovation, education and culture.

The European Parliament once adopted a resolution, supporting democratic transition process in Mongolia, back in 1994. Today, the resolution adopted in line with the ratification of the PCA shall become the key document to define the further substances and the overall development of the bilateral relations. A clause stating the need to establish the Joint Commission on the implementation of the PCA, and Inter-parliamentary Group on cooperation between the Parliament of Mongolia and the European Parliament has been included in the resolution, which should be amended to the agreement. Concerning the fact that the bilateral relations with Mongolia is covered by the EU Delegation in Beijing, the European Parliament urged the Council and the High Representative of the Union to upgrade the EU technical office in Ulaanbaatar into a fully-fledged EU Delegation in the near future.

The resolution included in itself the topics of democracy, rule of law, good governance, human rights, sustainable development, economy, trade and enhancing of cooperation on regional and global issues. Moreover, it gives evaluation to the democratic process in Mongolia, praises the efforts of Mongolia in the international arena and pleaded the EU member states to actively support Mongolia’s initiatives and collaborate effectively in enhancing trade, investment and economic cooperation, reports the Ministry of Foreign Affairs.

Source: Ministry of Foreign Affairs

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Wool products handmade by herder women popular in France www.montsame.mn

Ulaanbaatar /MONTSAME/ Herder women of the “Friendly women” NGO in Zavkhan aimag started selling more than 30 types of handmade wool products in France in October 2016.

The women wash and comb camel and sheep wool to make a variety of clothing and accessories, such as gloves, shirt, bag and slippers. Their products are quite popular on the French market and in the last two years since the NGO was established in 2015, they have exported products worth MNT 6 million in total to France with the support from the "Takhi" project.

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Ulaanbaatar to host JCI Asia Pacific Conference www.gogo.mn

Ulaanbaatar, the capital city of Mongolia to host the JCI Regional Congress for Asia and Pacific 2017 on June 8-11. 
Every year, JCI Area B or Asia Pacific Region Members unite in their regions for JCI Asia Pacific Conference (ASPAC) to exchange ideas, learn how to maximize their local impact and collaborate with other National Organizations in Asia Pacific Area.
The ASPAC give members a chance to take advantage of JCI’s international network while enhancing their National Organizations. At this conference, JCI gives its members the opportunity to address Asia pacific region and international issues and show their commitment to becoming socially responsible leaders.
These regional forum enables members to focus on solutions for their region and how they can grow, improve, share and create positive change across communities.

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North Korean players at Mongolian National League www.news.mn

The Mongolian National League basketball competition among teams from the 21 provinces has been taking place in Ulaanbaatar since October. The four provincial teams namely, Arkhangai, Khuvsgul, Sukhbaatar and Orkhon are now competing for medals.

This year, four players with their coaches from the North Korean National Basketball Team are participating in the Mongolian National League matches.

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"The 6th Mongolia London Business Festival & Business program" UK (Registration will close soon) www.mongolianbusinessdatabase.com

Mongolian Business Database (MBD) is registering the Mongolian business participants to Mongolian-British Chamber of Commerce and Industry's "The 6th Mongolia London Business Forum" in April 05.2017 and business program which includes the opening of London Stock Exchange by Mr.Ts. Munkh Orgil, Foreign Minister of Mongolia, Sixth Mongolia London Business Forum at Bloomberg and the annual UK Parliamentary Tea with the All Party Mongolian Parliamentary Group 
The MBCC (www.mongolianbritishcc.org.uk) is a not-for-profit membership organisation established in 2009 to foster strong business links between Mongolia and the UK. Chaired by Mr John Grogan former British Parliament member, 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 visit to following link for information in details and contact at contact@mongolianbusinessdatabase.com e mail, 77109911, 99066062 for the registration and inquiry.

The registration will close in March 03 Friday. 2017

http://www.mongolianbusinessdatabase.com/base/eventsdetails?id=19 

 

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Facebook CEO warns against reversal of global thinking www.reuters.com

 
Facebook Inc Chief Executive Mark Zuckerberg laid out a vision on Thursday of his company serving as a bulwark against rising isolationism, writing in a letter to users that the company's platform could be the "social infrastructure" for the globe.
 
In a 5,700-word manifesto, Zuckerberg, founder of the world's largest social network, quoted Abraham Lincoln, the U.S. president during the country's 19th century Civil War known for his eloquence, and offered a philosophical sweep that was unusual for a business magnate.
 
Zuckerberg's comments come at a time when many people and nations around the world are taking an increasingly inward view. U.S. President Donald Trump pledged to put "America first" in his inaugural address in January. That followed Britain's decision last June to exit the European Union.
 
"Across the world there are people left behind by globalization, and movements for withdrawing from global connection," Zuckerberg wrote, without naming specific movements.
 
The question, the 32-year-old executive said, was whether "the path ahead is to connect more or reverse course," adding that he stands for bringing people together.
 
Quoting from a letter Lincoln wrote to Congress in the depths of the Civil War, he wrote to Facebook's 1.9 billion users: "The dogmas of the quiet past, are inadequate to the stormy present."
 
Zuckerberg said that Facebook could move far beyond its roots as a network for friends and families to communicate, suggesting that it can play a role in five areas, all of which he referred to as "communities," ranging from strengthening traditional institutions, to providing help during and after crises, to boosting civic engagement.
 
In comments on Facebook, some users praised Zuckerberg's note for staying positive, while others declared "globalism" dead.
 
Facebook has been under pressure to more closely police hoaxes, fake news and other controversial content, although the concerns have had little impact on its finances. The company reported 2016 revenue of $27.6 billion, up 54 percent from a year earlier.
 
One area where Zuckerberg wrote that Facebook would do better would be suggesting "meaningful communities." Some 100 million users are members of groups that are "very meaningful" to them, he wrote, representing only about 5 percent of users.
 
Facebook is also using artificial intelligence more to flag photos and videos that need human review, Zuckerberg wrote. One-third of all reports to Facebook's review team are generated by artificial intelligence, he wrote.
 
Zuckerberg's letter was "a bit more ambitious and a bit more of the 30,000-foot view than I see from most tech company CEOs," Peter Micek, global policy and legal counsel at Access Now, an international digital rights group, said in a phone interview.
 
But Zuckerberg stayed away from certain subjects on which Facebook could be vulnerable to criticism, mentioning the word "privacy" only once, Micek said.
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Canada losing ground as mining investment destination www.mining.com

While optimism is slowly but steadily returning to the global mining industry, Canada doesn’t seem to be in a good position to benefit from the increasing number of companies ready to make new and significant investments.

At least that is the conclusion from a report released Thursday by the Mining Association of Canada (MAC), which also warns of the possibility of seeing major exploration and mining investments flow offshore.

“Very simply, Canada is not as attractive as it used to be for mineral investment, and competition for those dollars is growing globally,” MAC President and CEO Pierre Gratton said.

Elimination of federal mining tax incentives, regulatory delays, uncertainty and major infrastructure deficits in northern Canada are all contributing to the country’s declining appeal.
The recent elimination of federal mining tax incentives, regulatory delays and uncertainty, combined with major infrastructure deficits in northern Canada are all contributing factors that can explain Canada's declining attractiveness, Gratton noted.

The report also highlights the policy areas that Canada needs to pay attention to in order to seize future growth opportunities and re-gain its leadership in mining.

Some of the figures included in the report are quite telling. In 2015, foreign direct investment into Canada’s mining industry dropped by more than 50% from the previous year. In contrast, the country’s resources sector direct investment abroad only experienced a 6% decline.

According the industry body, such imbalance proves that Canada no longer attracts the single-largest share of total global mineral exploration spending, a top place it lost to Australia in 2015. Further, MAC says, no new mining projects entered the federal environmental assessment stage in 2016.

If these trends continue, the association warns, there will be fewer discoveries made and fewer projects to become operational mines in Canada.

Despite the challenges, the sector remains a key contributor to the Canadian economy, employing more than 370,000 people across the country and being the largest private sector employer of Aboriginal people on a proportional basis.

In 2015, the mining industry accounted for $56 billion of Canada’s GDP and minerals and metals accounted for 19% of Canadian goods exports.

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Hanjin: Final curtain falls on shipping saga www.bbc.com

Hanjin Shipping used to be one of the world's top 10 shipping companies. But now it faces the final curtain.
Friday is the deadline for the firm to be declared bankrupt by a South Korean court after months of uncertainty.
Hanjin's collapse is the largest to hit the shipping sector and it sent shockwaves through the industry.
What went wrong?
For years, the global economic downturn had affected profits across the cargo shipping industry. It led to overcapacity, lower freight rates and rising debt levels.
The question was not whether a big shipping line would go under, but which one would be first. The questionable honour eventually fell to Hanjin, at that time South Korea's biggest shipper and number seven in the world.
Crippled with $5.4bn (£4.1bn) in debt in August 2016, the company failed to get any more money from its creditors. Hanjin went into receivership and applied for court protection.

There was still a chance for an investor or the government to come to the rescue yet it quickly became clear that any such hopes were futile.
"Stopping the credit line immediately results in an inability to purchase fuel, it immediately results in vessels not being able to go to port and it immediately results in all customers going to the competitors," explains Lars Jensen of Sea Intelligence Consulting.
What followed were long and painful months of sailors losing their jobs and investors losing their money.
No chance for a rescue?
With Hanjin's situation suddenly in limbo, its ships were stranded at sea. Most ports refused them entry, fearing they would not get paid for loading and unloading the cargo. Some ships were arrested while docking as debtors had issued warrants to get at least some of their money back.
Technically though, there still could have been a rescue - Hanjin needed to find an investor or convince the government to step in.

"There was likely a window of some 24 to 48 hours after the announcement where Hanjin could have been saved, but after that it was simply a snowball effect and it was unrealistic to bring back the company," says Mr Jensen.
The chaotic demise of the company's operations did little to shore up confidence. So over the following months, many of the better assets got sold off - ranging from vessels to cargo terminals in the US to its Asia-US route operations.
The buyers were other global shipping companies that were able to cherry pick what they wanted. "All the good assets have been sold, the carcass has been thoroughly cleaned up," says Greg Knowler, a maritime trade specialist at IHS.
After Friday's official bankruptcy, the court handling the liquidation process will proceed to sell off the remaining assets and give the money to the creditors.
For the seamen, the collapse of their company meant that almost all of them lost their jobs. Hanjin's ships had been crewed with South Korean officers and engineers and an international mix of seamen hired through agencies.

One of those now unemployed is captain Moon Kwon-do, who last year was stuck for months on the Hanjin Rome after it had been seized by creditors in the Singapore port.
"I will never sail again, I will abandon my life as a seaman," he says with bitterness and frustration.
Despite a lot of protests organised by unions, the government in Seoul did not step in to help. Yet there's doubt that saving Hanjin would have worked.
"If you're shipping cargo anywhere in the world - would you have gone with Hanjin after that?" asks Mr Knowler. The sudden suspension of all the company's vessels had led to supply chain disruptions around the world.
"I don't think it could have been saved," he concludes.
What now?
In fact, as dramatic as it was for Hanjin, for the rest of the industry the failure of one of the big players might have been a lucky break.
"This was a long time coming, it's what was widely needed," says Mr Knowler. "So from this perspective this was a good thing."
Hanjin's bankruptcy has a good chance of bringing global overcapacity in the sector down to a sustainable level.
"Everyone will be seen to have had a hard time in 2016," says Mr Jensen. Fellow shipping giant Maersk, for instance, earlier this month revealed a $1.9bn net loss for 2016 - just its second annual loss since World War Two.

"2016 was the bottom of the market, but the climb upwards towards a more balanced market will take two to three years to fully accomplish," says Mr Jensen.
Analysts agree that it is unlikely there will be another large carrier like Hanjin failing. South Korea is now left with Hyundai Merchant Marine (HMM) taking over as the country's biggest shipping company.
And while last year HMM was in as much financial trouble as Hanjin, the collapse of its fellow shipper means that it is now on a much safer footing, says Mr Knowler.
"There is absolutely zero chance that the Korean government will let another major shipping line - now their only major line - fail."

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