1 DRAFT TAX REFORM PACKAGE UP FOR PARLIAMENT SUBMISSION WWW.UBPOST.MN PUBLISHED:2025/12/26      2 MONGOLIA LAUNCHES WORLD'S FIRST 24/5 BLOCKCHAIN-BASED SECURITIES TRADING WWW.KIPOST.NET  PUBLISHED:2025/12/26      3 CONSTRUCTION OF OIL REFINERY AT 50 PERCENT COMPLETE WWW.MONTSAME.MN PUBLISHED:2025/12/26      4 FLS DRIVING INNOVATION AND SUSTAINABILITY IN MONGOLIA'S MINING INDUSTRY WWW.MONGOLIANMININGJOURNAL.COM  PUBLISHED:2025/12/26      5 MORE THAN 3,000 LAND PARCELS CLEARED IN ULAANBAATAR IN 2025 WWW.MONTSAME.MN PUBLISHED:2025/12/26      6 LAND ALLOCATION REQUESTS TO BE PROCESSED STARTING DECEMBER WWW.MONTSAME.MN PUBLISHED:2025/12/26      7 SCHOOL NO.49 BECOMES 100% SOLAR-POWERED WWW.GOGO.MN PUBLISHED:2025/12/26      8 CONSTRUCTION OF WASTE-TO-ENERGY PLANT TO BEGIN IN 2026 WWW.GOGO.MN PUBLISHED:2025/12/25      9 SECURITIES TRADING REACHES MNT 879.5 BILLION WWW.MONTSAME.MN PUBLISHED:2025/12/25      10 PROPOSAL, CONCLUSION ON DETERMINING THE STATE OWNERSHIP STAKES IN 'ACHIT IKHT', 'ERDENET MINING', AND 'ZES ERDENIIN KHUVI' LLCS TO BE DISCUSSED WWW.MONTSAME.MN PUBLISHED:2025/12/25      Ж.ЧИНБҮРЭН: ХДХВ/ДОХ-ЫН ХАЛДВАРТАЙ 12 ИРГЭН ХЯНАЛТАД ОРОХГҮЙ АЛДАГДСАН НЬ ҮНЭН WWW.GOGO.MN НИЙТЭЛСЭН:2025/12/26     БАТ-ӨЛЗИЙ, ХУЖИРТ СУМЫГ ХОЛБОСОН АВТО ЗАМЫГ УЛСЫН КОМИСС ХҮЛЭЭН АВЛАА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/12/26     "ОЮУТОЛГОЙ"-Н ТОГТООЛЫН ТӨСӨЛ БАТЛАГДАЖ, ТҮР ХОРОО ТАТАН БУУГДЛАА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/12/26     ГОВЬ-АЛТАЙ АЙМГИЙН АЛТАЙ СУМ ЦАХИЛГААНД БҮРЭН ХОЛБОГДЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2025/12/26     ЭНЭ ОНД НИЙСЛЭЛД 16.3 КМ БОРООНЫ УС ЗАЙЛУУЛАХ ШУГАМ УГСАРЧЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/12/26     ТӨРИЙН ӨМЧИТ КОМПАНИУД ДНБ-ИЙ 74 ХУВЬТАЙ ТЭНЦЭХ ХӨРӨНГӨТЭЙ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/12/26     УЛААНБААТАР ХОТОД БЕНЗИН, ДИЗЕЛИЙН ТҮЛШНИЙ НИЙЛҮҮЛЭЛТ ТОГТВОРЖСОН WWW.EAGLE.MN НИЙТЭЛСЭН:2025/12/26     ГАЗАР ЭЗЭМШИХ ГЭРЧИЛГЭЭГ ОЛГОЖ ЭХЭЛНЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/12/25     ИРЭХ ОНЫ ЭХНИЙ УЛИРАЛД “АЧИТ ИХТ”, “ЭРДМИН”, “ЗЭС ЭРДЭНИЙН ХУВЬ” ХХК-Д ТӨРИЙН ЭЗЭМШЛИЙН ХУВЬ ХЭМЖЭЭГ ТОГТООХЫГ ҮҮРЭГДЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/12/25     2026 ОНД ЮУНД ХӨРӨНГӨ ОРУУЛБАЛ АШИГТАЙ БАЙХ ВЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/12/25    

Category

Events

Events

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

NEWS

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China-Mongolia Railway Completes Pile Foundation Work within China www.ceic.com

On October 31, the final pile foundation of the second China-Mongolia cross-border railway bridge (section within China) was completed at the Ganqimaodu Port in Inner Mongolia. With this, all 340 pile foundations for the section have been successfully finished, laying a solid foundation for the subsequent construction of the bridge’s main structure.
The China-Mongolia cross-border railway is the second railway linking the two countries, following the Erenhot–Zamyn-Uud line that opened in 1956, nearly 70 years ago. The groundbreaking ceremony for the new railway was held at the border port on May 14 this year, and on June 15, drilling began for the first pile foundation, marking the project’s transition into the construction phase.
During construction, CHN Energy Baoshen Railway Group optimized the construction plan and adopted a 24-hour rotating shift system with full-time technical supervision to strengthen coordination and process control, ensuring the quality of pile foundation work. The section of the project within China is invested and constructed by CHN Energy, while the section within Mongolia is invested and constructed by Tavantolgoi Railway LLC. Both sides adhere to the principle of unified design, respective construction and simultaneous connection.
Once completed, the China-Mongolia cross-border railway will connect the Ganquan Railway with Mongolia’s southbound railway network, further enhancing infrastructure connectivity and economic and trade exchanges between the two countries.

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Smart Parking Lots to Be Built at 50 Public Locations in Ulaanbaatar www.montsame.mn

Ulaanbaatar Development Corporation JSC is implementing a phased project to improve paid parking management at 50 public locations across the city.
According to the Governor’s Office of the Capital City of Ulaanbaatar, 23 sites have already been developed into parking lots. Since 2023, NTB LLC has been managing the parking system upgrade. The new lots feature electric vehicle charging stations and automated payment systems, allowing citizens to connect to a unified platform and reserve parking spaces in advance, saving time.
Executive Director of Ulaanbaatar Development Corporation JSC, Sandagsuren Jigjidsuren, said, “This initiative aims to reduce road congestion and promote the use of electric vehicles. The first parking lots have been completed at locations such as the KH Apartment and the Central Sports Palace. Due to the onset of winter, work has been temporarily paused and will resume next spring.”

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Germany Commits EUR 43.1 Million to Support Mongolia’s Strategic Reform Agenda www.montsame.mn

The Government of the Federal Republic of Germany has committed EUR 43.1 million in support of the Action Program set forth by the Government of Mongolia. The announcement was made during intergovernmental negotiations on development cooperation, held on October 30, 2025, in Ulaanbaatar.
According to Mongolia’s Ministry of Economic and Development, priority areas of cooperation between Mongolia and Germany include biodiversity, nature protection, education, employment, climate, and energy.
State Secretary Batkhuu Idesh co-chaired the negotiations on behalf of Mongolia. The German delegation was represented by Helmut Rudolf Kulitz, Ambassador Extraordinary and Plenipotentiary of Germany to Mongolia, and Yiannis Neophytou, Head of Division for East and Central Asia at the Federal Ministry for Economic Cooperation and Development (BMZ).
A key outcome of the negotiations was the mutual commitment to elevate development cooperation, in line with the recent upgrade of Mongolia-Germany relations to a strategic partnership.
The Mongolian delegation included representatives from the Ministry of Economy and Development, the Ministry of Foreign Affairs, the Ministry of Justice and Internal Affairs, the Ministry of Finance, the Ministry of Education, and 17 officials from the Ministry of Environment and Climate Change.
The German delegation comprised 14 representatives from the Federal Ministry for Economic Cooperation and Development (BMZ), the German Agency for International Cooperation (GIZ), the KfW Development Bank, and the Federal Institute for Geosciences and Natural Resources (BGR).
Germany reaffirmed its support for Mongolia’s economic diversification policy and reiterated its commitment to advancing the country’s long and medium-term developmental strategies. Both parties agreed to expand the application of Germany’s new financing instruments and investment mechanisms in Mongolia, while also enhancing bilateral cooperation in business and the private sector.

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ADB to Support Mongolia in Expanding Solar Power and Grid Stability through Landmark Solar and Battery Storage Project www.gogo.mn

The Asian Development Bank (ADB) has been engaged by the Government of Mongolia to provide transaction advisory services for the Stable Solar Energy in Mongolia Project, which aims to develop about 115 megawatts (MW) of solar photovoltaic capacity and 65 MW / 237 megawatt-hours (MWh) of battery energy storage systems (BESS) across the country’s Western and Eastern Energy Systems.
This will be one of Mongolia’s largest renewable energy procurements and the country’s first solar and BESS auction. The project is designed to enhance grid reliability, reduce dependence on fossil fuels and imported electricity, and deliver clean, affordable energy to remote regions.
“ADB is proud to support Mongolia in advancing its clean energy transition through innovative renewable energy and storage solutions,” said ADB Country Director for Mongolia Shannon Cowlin. “This project will help strengthen energy security, enable greater integration of renewables, and lay the foundation for larger investments in solar and BESS in the years ahead.”
The project will improve the stability of two isolated grid systems by using battery storage for peak shifting, frequency regulation, and grid balancing—enabling more solar power to be integrated into the network. It will be tendered through a transparent, competitive process to attract private sector investment and support Mongolia’s renewable energy and climate goals.
This initiative is a collaboration between ADB and the Ministry of Energy of Mongolia. It supports Mongolia’s State Policy on Energy (2015–2030), New Recovery Policy, and the government’s long-term strategies for carbon reduction and energy security.
ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

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Mongolia Tops Standard Chess Rankings at 19th Asian Schools Championship www.montsame.mn

The Mongolian Chess Federation hosted the 19th Asian Schools Chess Championship for the first time from October 25 to November 1, 2025.
The tournament features 677 chess players from 16 countries competing for a total of 432 medals across three formats – Standard, Blitz, and Rapid.
Mongolia’s young talents made an impressive start by clinching 14 medals in the Rapid category on the first day of the competition.
In the standard format, which concluded on October 31, Mongolia dominated the team standings with a commanding total of 14 medals – three gold, three silver, and eight bronze:
Gold medals were claimed by Tselmuun Ider (G11), Tselmeg Myagmar (G13), and Batbaatar Baatar (B13), each earning the distinction of having the Mongolian national anthem played in their honor.  
Silver medals were awarded to Buyankhishig Batpelden (G15), Enkhrii Enkh-Amgalan (G17), and Aldar Burentegsh (B17), each delivering a competent performance in their respective division.
Bronze medals were earned by Bayanlkham Uurtsaikh (G07), Buyankhishig Bat-Erdene (B07), Tselmeg Ider (G09), Batbileg Boldbaatar (B09), Tulga Lkhagvademchig (B11), Enkhriikhen Nyamdorj (G13), Oyungerel Sharavdorj (G15), and Emujin Enkh-Amgalan (G17), highlighting Mongolia’s strong young players in every age group.
Mongolia topped the overall team standings, followed by the Russian Federation in second place and the Republic of Kazakhstan in third.

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Seoul's influencer fair "Seoul Con" will be exported to Mongolia www.mk.co.kr

On the 3rd, the Seoul Economic Promotion Agency announced on the 31st that it signed a memorandum of understanding (MOU) with Mongolia's UG group to co-host "Seoul Con in Ulaanbaatar" in the first half of next year.
Through this agreement, UG Group agreed to pay royalties to the Seoul Economic Promotion Agency for the use of the name "Seoul Con." In addition, the two organizations actively utilized their capabilities and resources to highlight successful collaboration. Seoul Con's entry into Mongolia was first discussed through a forum on economic cooperation with Mongolia during the second Seoul Con program last year, and after months of negotiations, the Seoul Con in Ulaanbaatar was confirmed to co-host.
Mongolia UG Group is a comprehensive business group consisting of seven key affiliates and operates various industries such as convention, hotel, finance, construction, and automobiles. In particular, Seoul Con was very active in attracting Mongolia, as it suggested expanding cooperation with Korean institutions and companies as a key management strategy.
Meanwhile, Seoul Con, which marks its third anniversary this year, is the world's largest global influencer fair with creators, fandom, and industries. An official from the Seoul Economic Promotion Agency said, "The confirmation of the Mongolia event will be a meaningful step toward further strengthening Seoul Con's international status and expanding Seoul's creative ecosystem to the world."
The "2025 Seoul Con" will be held at Dongdaemun Design Plaza (DDP) in Seoul from the 29th of next month to January 1st of next year.

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British Business Centre opens a door in Ulaanbaatar www.mongolianbusinessdatabase.com

British Business Centre office&showroom, the new business project just launched its action which based on Mongolian Business Database NGO that has been operating 10 years of regular stable activity.
The permanent office or/and team will specifically aim to promote British Mongolian business relations, manage some particular product import and sales management (to be announced soon), franchise, B2B meetings, small scale of business events and shows.
British Business Centre wishes to express a special thanks to Ms.Sophie Worrall Deputy Head of Mission, the Embassy of the United Kingdom in Ulaanbaatar, Mr.Erdenesukh Director of Ersu company who implemented the all interior works of the office and Mr.B.Batbileg a famous artis who provided his great art works/authentic paintings of the Beatles, the Queen and Elvis Presley…
P:S. BBC office can share some space with 2-3 young aggressive professionals or/and entrepreneurs as a “coworking tenants”. Tel:99066062

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PM Zandanshatar Reviews Construction Progress of Oil Refinery Project www.montsame.mn

Prime Minister of Mongolia Zandanshatar Gombojav, Minister of Industry and Mineral Resources Damdinnyam Gongor, and Minister of Roads and Transport Delgersaikhan Borkhuu visited the construction site of Mongolia’s largest ongoing project, the Oil Refinery.
During the visit, Prime Minister Zandanshatar emphasized, “It is essential to advance the construction of the oil refinery without interruption and with full momentum to achieve our strategic goal of becoming self-sufficient in fuel supply and policy. The successful implementation of this project will play a pivotal role in driving forward other national programs and initiatives planned by the Government of Mongolia. The steadfast commitment of the leadership and staff of the project implementer, Mongol Refinery State-Owned LLC, along with the dedicated efforts of the Indian project management consultants and main contractors, has been instrumental in accelerating construction progress. I extend my appreciation and best wishes to all engineers, specialists, and companies involved in this important work.”
Following detailed briefings by the CEO of Mongol Refinery state-owned LLC, Altantsetseg Dashdavaa, and Ambassador Extraordinary and Plenipotentiary of the Republic of India to Mongolia Atul Malhari Gotsurve, the Premier and Cabinet members expressed satisfaction with the steady and dynamic progress of the project. They reaffirmed the Government’s full support and commitment to ensuring the refinery’s completion and commissioning as scheduled in 2028.

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Mongolian Government and Rio Tinto Agree to Reduce Loan Interest Rate for Oyu Tolgoi Project www.montsame.mn

Negotiations between the Government working group, established by the order of the Prime Minister of Mongolia, and the authorized working group of the Rio Tinto Group on reducing the shareholders’ loan interest rate for the Oyu Tolgoi project successfully concluded their second day on October 31, 2025.
As a result of the talks, the parties reached an agreement to lower the loan interest rate, and a protocol confirming this was signed by Javkhlan Bold, Minister of Finance, who heads the negotiation, and Tim Wilcox, Managing Director of Business Development at the Rio Tinto Group.
Following this, the initial round of negotiations has been temporarily adjourned. The Rio Tinto side will review and consider the additional information and proposals presented by the Mongolian side, and the negotiations are scheduled to resume in November.

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Jade Gas (ASX.JGH) Appoints Industry Veteran Chris Newport as Managing Director www.newshub.medianet.com.au

Jade Gas Holdings Limited (ASX:JGH) (Jade or the Company) is pleased to announce it has appointed Chris Newport as its Managing Director, effective November 10, 2025.
Mr Newport is a prominent oil and gas senior executive having worked over 40 years in business development and executive roles including at BHP Petroleum, Santos, Gulf Indonesia, Amerada Hess, NuEnergy Gas and others. Most recently, Chris has recently been advising on strategic and commercial development for a private Coal Bed Methane (CBM) company in Mongolia. Chris is a global energy developer with experience in commercializing and developing oil and gas resources, building frontier energy markets and securing financial commitment to investment in infrastructure and field developments.
Chris has had significant exposure to coal bed methane since 1987 in the Sydney Basin, the Bowen Surat Basin (Moura and GLNG) and in Sumatra, Mozambique, Malawi and Tanzania. During his career Chris has also had experience dealing and negotiating with governments, super majors and junior explorers alike and worked with many and varied cultures and fiscal systems. His career deal experience includes involvement in over $40b of gas market transactions, covering CBM, Liquified Natural Gas (LNG), joint venture and
processing agreements, pipeline and gas-to-power projects.
This experience is key in the next stage of Jade Gas’s development for the TTCBM project. The Company believes he is well credentialed to drive Jade towards revenue pathways and to build strong technical and commercial foundations for future business growth that will ultimately establish the TTCBM Project into a regionally significant energy project.
Chris is a Petroleum Economist, Chartered Accountant, long standing member of the Association of International Energy Negotiators and holds a Bachelors Degree in Economics from the University of Adelaide.
With the appointment of Chris as Managing Director, he will replace Mr Chris Whiteman who had been Interim CEO. The Company thanks Mr Whiteman during his interim role as CEO. Jade would also like to advise that board member Ms. Uyanga Munkhkhuyag is currently on maternity leave.
The key terms of Mr Newport’s appointment are set out in Appendix A of the ASX release.
Commenting on the appointment, Jade Executive Director, Joe Burke, said:
“The Board is extremely pleased to make this important appointment for the Company. We are confident that Chris’s extensive experience of commercialising energy projects in the Asian region will position the Company to execute on the many commercial options in front of us. The Board looks forward to working with Chris as we execute on our strategy and deliver long-term value for shareholders.”
Incoming Managing Director, Chris Newport, added:
“It’s an honour to be joining Jade Gas at this critical and most exciting time in the development of the Company. I’ve lived and worked extensively throughout Asia in my career with a focus on the CBM industry. I see Jades TTCBM project as the most compelling opportunity I have come across. The gas resource is defined and significant, continuous gas flow has been established, and we are on the doorstep of one of the world’s largest and fastest growing gas markets. I am looking forward to working with the team at Jade that has done such an impressive job so far in taking this project from exploration to pre-development phase in such a short time.”

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