1 DRIVING FINANCIAL INCLUSION IN MONGOLIA: INVESTMENT IN INVESCORE WWW.TRIODOS-IM.COM PUBLISHED:2026/01/15      2 ‘ERDENES TAVANTOLGOI’ JSC SETS ALL-TIME DAILY RECORD FOR COAL EXPORTS WWW.MONTSAME.MN PUBLISHED:2026/01/15      3 SOUTH KOREA JOINS CHINA, JAPAN, GERMANY, RUSSIA AND KAZAKHSTAN IN ACCELERATING MONGOLIA TOURISM BOOM WITH RECORD-BREAKING VISITOR SPEND, STRONG WINTER DEMAND AND RISING FOUR-SEASON TRAVEL APPEAL WWW.TRAVELANDTOURWORLD.COM PUBLISHED:2026/01/15      4 US PAUSES IMMIGRANT VISA PROCESSING FOR 75 COUNTRIES, 13 IN ASIA-PACIFIC WWW.THEDIPLOMAT.COM PUBLISHED:2026/01/15      5 MONGOLIA WELCOMES MORE THAN TWENTY ONE THOUSAND TOURISTS IN JANUARY 2026, HIGHLIGHTING ITS STRONG WINTER TOURISM GROWTH AND ESTABLISHING ITSELF AS A FOUR-SEASON DESTINATION WWW.TRAVELANDTOURWORLD.COM PUBLISHED:2026/01/15      6 MONGOLIA, CHINA REAFFIRM COMMITMENT TO RAISE TRADE TURNOVER TO USD 20 BILLION WWW.MONTSAME.MN PUBLISHED:2026/01/15      7 MONGOLIA REPORTS POSITIVE FOREIGN TRADE BALANCE WWW.MONTSAME.MN PUBLISHED:2026/01/15      8 GOVERNMENT TO UPDATE NATIONAL E-SERVICES REGISTRY NEXT MONTH WWW.MONTSAME.MN PUBLISHED:2026/01/15      9 ASTANA TO HOST 10TH KAZAKHSTAN - MONGOLIA INTERGOVERNMENTAL COMMISSION MEETING IN 2026 WWW.QAZINFORM.COM PUBLISHED:2026/01/15      10 9 MONGOLIAN PROVINCES EXPERIENCE HARSH WINTRY WEATHER WWW.XINHUANET.COM PUBLISHED:2026/01/15      МОНГОЛ УЛС ХЯТАД УЛСТАЙ ХАРИУЦЛАГАТАЙ НОГООН УУЛ УУРХАЙГ ХӨГЖҮҮЛЭХ ХАМТЫН АЖИЛЛАГААГАА ГҮНЗГИЙРҮҮЛНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/15     “ВИЗ МЭДҮҮЛЭГЧИД ВИЗИЙН МЭДҮҮЛГЭЭ БӨГЛӨН, ТОВЛОСОН ЦАГТАА ЯРИЛЦЛАГАДАА ОРНО” WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/15     БНХАУ-ТАЙ ХАМТРАН ХИЛ ОРЧМЫН БҮСЭД ГЕОЛОГИЙН СУДАЛГАА ХИЙХЭЭР БОЛЛОО WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/15     SPRING AIRLINE КОМПАНИ ШАНХАЙ-УЛААНБААТАР-ШАНХАЙ ЧИГЛЭЛД ШУУД НИСЛЭГ ҮЙЛДЭХЭЭР ТӨЛӨВЛӨЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/15     О.ЦОГТГЭРЭЛ: АН АНХАН, ДУНД ШАТНААСАА 100 ХУВЬ ШИНЭЧЛЭЛ ХИЙНЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/15     ТРАМПЫН ЗАСАГ ЗАХИРГАА МОНГОЛ ЗЭРЭГ 75 УЛСЫН ИРГЭДЭД ЦАГААЧЛАЛЫН ВИЗ ОЛГОХЫГ ЗОГСООЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/15     ДУЛААНЫ ТАВДУГААР ЦАХИЛГААН СТАНЦЫН БАРИЛГА УГСРАЛТЫН АЖЛЫГ ЭНЭ ОНД ЭХЛҮҮЛНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/15     ОРОН СУУЦНЫ ҮНЭ ӨМНӨХ ОНООС 13.6 ХУВИАР ӨСӨЖ, ХАН-УУЛ ДҮҮРЭГТ ХАМГИЙН ӨНДӨР ҮНЭТЭЙ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/15     “ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК БҮХ ЦАГ ҮЕИЙН НҮҮРСНИЙ ЭКСПОРТЫН ХОНОГИЙН ДЭЭД ХЭМЖЭЭГ ШИНЭЧЛЭН ТОГТООЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/15     “ХОЁРДУГААР ТОЙРОГ ЗАМ” ТӨСЛИЙГ ИРЭХ 10-20 ЖИЛИЙН ХӨДӨЛГӨӨНИЙ ЭРЧМИЙГ ДААХ ШИЙДЭЛ ГЭВ WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/15    

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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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Mongolian banking sector's net foreign assets decline 16.1 pct in October www.xinhuanet.com

The Mongolian banking sector's net foreign assets declined by 16.1 percent year-on-year to reach 7.0 trillion Mongolian tugriks (1.9 billion U.S. dollars) in October, the country's National Statistics Office (NSO) said on Thursday.
In October, the net domestic assets of Mongolia's banks reached 38 trillion tugriks (10.65 billion dollars), which represents an increase of 12.7 percent year-on-year.
Meanwhile, the cumulative savings within Mongolian commercial banks demonstrated a robust performance, reaching a total volume of 23.9 trillion tugriks (6.69 billion dollars) by the end of October 2025.
It is noted that the dollar savings experienced a substantial uptick, surging by 22.9 percent, while Mongolian tugrik savings exhibited a more modest increase of 15.4 percent.
Currently, there are about 1,500 branches of 12 commercial banks operating in Mongolia.

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On the talks of Secretary-General with the Minister of Foreign Affairs of Mongolia www.eng.sectsco.org

On November 20, 2025 in Ulaanbaatar at the Government House of Mongolia the Secretary-General of the Shanghai Cooperation Organization Nurlan Yermekbayev held talks with the country's Minister of Foreign Affairs Batmunkh Battsetseg as part of his official visit.
Minister of Foreign Affairs confirmed Mongolia's interest in expanding cooperation within the Organization and participating in multilateral projects. Batmunkh Battsetseg emphasized that Mongolia is well-acquainted with the SCO at various levels and sees great potential in developing interaction.
The Secretary-General noted that Mongolia is making a constructive contribution to the Organization's broad agenda and maintains a high level of relations with SCO member states. He informed the Minister about the Organization's current activities and the key outcomes of the meetings of its principal bodies - the Council of Heads of State and the Council of Heads of Government.
Talks with the Minister of Foreign Affairs of Mongolia
The parties exchanged views on the results of the Tianjin Summit and the process of modernizing the Organization and its treaty-legal base.
The parties discussed ways to expand Mongolia's results-oriented participation in the Organization's work with a focus on interconnectivity, climate change, digitalization, and cultural and humanitarian cooperation.
The talks were held in a friendly and constructive atmosphere.

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Mongolia Unifies to Combat New Threats to Snow Leopards www.snowleopard.org

The National Forum on Snow Leopard Conservation took place in Ulaanbaatar, Mongolia, on September 5. This critical summit was convened by the Ministry of Environment and Climate Change, WCS Mongolia, and our partner, the Snow Leopard Conservation Foundation. The forum brought together over 130 stakeholders, including experts from eleven range countries. The event highlighted both the progress made since the last national gathering in 2008 and the need for better coordination moving forward.
“In the last 4-5 years, there has been a high incidence of snow leopard encounters, livestock conflicts and unregulated tourism in snow leopard landscapes,” explains Purevjav (Pujii) Lkhagvajav, Executive Director of SLCF Mongolia. “This forum was organized because there was an urgent need for organizations working on snow leopard conservation and the Ministry to get together in one room and discuss policy issues.”
Mongolia plays a crucial role in the conservation of this majestic species, which has the second-highest snow leopard population after China.
However, the dangers facing Mongolia’s snow leopards today are dramatically different from those of two decades ago. Linear infrastructure has emerged as a significant new threat, especially as Mongolia proposes an ambitious new project. A railroad network linking the west and east, extending the existing north-south line, is likely to impact a significant portion of the country’s snow leopard habitat. This is cause for alarm, as the 2021 population assessment showed that the cats have high connectivity across the country. Critically, this connectivity could be threatened if new infrastructure projects fail to maintain habitat corridors, a risk magnified by the cats’ low genetic diversity.
In addition to physical threats like infrastructure, the forum tackled a less obvious but equally important challenge: how to coordinate the wealth of snow leopard data now being collected across Mongolia.
Twenty years ago, there was little data on snow leopards. Scientists struggled to understand their basic ecology. Over the last two decades, we have gathered extensive knowledge of snow leopard behavior and ecology, encompassing habitat use and home-range size to diet and denning behavior. This progress has translated into critical conservation action, notably the successful protection of nearly 900,000 hectares of snow leopard habitat in the Mongolian South Gobi.
But success brought a new challenge to snow leopard conservationists: multiple organizations now conduct research and monitoring across the country, with no central coordination. This forum was an opportunity to establish that coordination and articulate a shared vision for the future of the species. Collaborative efforts will be needed to address population assessments, unregulated tourism and other concerns that require input from many stakeholders across the country.
To address these issues, the Snow Leopard National Forum held three breakout group discussions on National Coordination of Monitoring and Research, Community-Based Conservation and Unregulated Tourism, and Linear Infrastructure Impact and Wildlife Corridor. They discussed concrete plans to strengthen existing national monitoring systems and identify crucial corridors for protection.
The forum concluded with the official launch of a national snow leopard conservation network, establishing a unified path forward. This new central network will coordinate all conservation activities and research, ensuring that future actions and policy decisions are driven by the best available scientific data.

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American-Canadian billionaire opens $2-billion platinum mine in South Africa www.africa.businessinsider.com

Mining billionaire Robert Friedland has launched the first phase of a long-awaited US$2-billion platinum-group metals project in South Africa, realising a vision that has been 37 years in the making through decades of exploration, planning, and development.
A Landmark African Mining Project
Friedland, founder and executive co-chairman of Vancouver-based Ivanhoe Mines Ltd., inaugurated the Platreef mine on Tuesday alongside President Cyril Ramaphosa.
The project is one of the most significant new mining developments on the continent and a rare large-scale investment in South Africa’s struggling mining industry.
World-Class Deposit
Describing Platreef as “the world’s largest undeveloped precious-metals mine,” Friedland said the operation is poised to become one of the lowest-cost global sources of platinum, palladium, rhodium, nickel, copper and gold.
“It gives us a glimpse of the bright future of South Africa’s mining industry,” Ramaphosa said at the ceremony. “We maintain that mining is a sunrise industry that must continue to play a critical enabling role in our nation’s development.”
He added that Platreef’s modern concentrator plant reflects how South Africa is “positioning itself as a strategic partner in the global energy transition and the next wave of green industrialization.”
Investment and Expansion Plans
Robert Friedland, the Canadian-American mining entrepreneur and billionaire, has built a global reputation by developing major mining projects across Africa, North America, and Asia.
He first gained international attention in the early 1990s after discovering the Voisey’s Bay nickel-copper deposit in Canada, which was later sold to Inco for $4.3 billion.
Friedland was also the driving force behind the development of the Oyu Tolgoi copper-gold project in Mongolia and has increasingly focused on Africa, including the Kamoa-Kakula copper project in the Democratic Republic of the Congo.
A Strategic Investment
Ivanhoe Mines is committing $1.2 billion to the first two phases of the Platreef project, with Phase 2 expected to come online in late 2027. If approved, a potential Phase 3 could add an additional $800 million, further expanding the mine’s capacity.
“The Phase 1 mine is just a baby first step to an operation that we’ll be making 10 times larger, over two further phases of expansion,” Friedland said, highlighting the long-term vision for the project.
Platreef also marks Friedland’s first major venture in South Africa. Ivanhoe Mines holds 64% of the project, while 26% is owned by Black economic empowerment partners, including 20 local communities representing roughly 150,000 residents.
The mine has already become a significant source of employment, with over 2,000 people working on-site, most drawn from nearby communities, underscoring the project’s local economic impact.
Delays and Development Challenges
The Platreef deposit was first identified in the 1980s, but earlier production timelines were delayed due to capital allocation and fluctuations in commodity prices.
“The rescheduling was mainly based around capital expenditure plans related to other projects,” Ivanhoe spokesman Matthew Keevil explained, providing context for the long development period.
He added, “We have been spending quite a bit of time and money at Kamoa-Kakula over the past five to six years and it is not typical to build two tier-one mines at the same time. PGM prices also relatively bottomed over that period, while copper obviously has had a moment in the sun.”
With Platreef now entering production, South Africa is positioning the mine as a flagship of modern, high-tech, Africa-based mining, capable of supplying global green-energy markets while simultaneously supporting local economic growth.
BY
Olamilekan is a business journalist covering markets, technology, and changing landscape of African economies for Business Insider Africa. He writes with a focus on how innovation, policy, and entrepreneurship are shaping opportunities across the continent

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Education Infrastructure: 12 Schools, 24 Kindergartens set for 2025 Launch www.montsame.mn

The Metropolitan Department of Education has initiated 139 development projects this year, comprising 43 schools, 67 kindergartens, and 22 integrated primary school and kindergarten complexes.
These efforts align with the national priorities set out in the Education Sector Mid-Term Development Plan (2021–2030), which emphasizes equitable access to quality education and the expansion of inclusive, modern learning environments.
According to the Governor's Office of the Capital City of Ulaanbaatar, the construction of educational buildings and facilities is being carried out under this policy framework, with funding sourced from state, capital city, and district budgets, as well as foreign loans and international aid.
In 2025, the education sector plans to operationalize 12 secondary education schools with a combined enrollment capacity of 8,080 students, 24 kindergartens providing 3,930 early childhood education placements, and 11 integrated primary school–kindergarten complexes accommodating 3,080 children.
To date, seven schools, 19 kindergartens, seven integrated complexes, and one multipurpose sports facility have become operational. The remaining five schools, five kindergartens, four integrated complexes, and one additional sports hall are scheduled to be brought into service by the end of the year.

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Mongolia Japan Hospital introduces selective laser trabeculoplasty system www.akipress.com

 The Mongolia Japan Hospital of the Mongolian National University of Medical Sciences (MNUMS) has introduced the Ellex SLT Tango selective laser trabeculoplasty (SLT) system, a state-of-the-art technology designed to reduce intraocular pressure, Montsame reported.
The installation was carried out through cooperation between MNUMS and the Australian international organization "Sight for All", with support from the Embassy of the Commonwealth of Australia in Mongolia.
According to international clinical guidelines, the Ellex SLT Tango used for selective laser trabeculoplasty is recognized as a safe and highly effective first-line treatment for open-angle glaucoma. The new technology is expected to significantly improve the quality and accessibility of glaucoma care in Mongolia.
MNUMS reported that the opening ceremony was attended by MNUMS Rector Damdindorj Boldbaatar, Ambassador of Australia to Mongolia Leo Zeng, President of the Mongolia Japan Hospital Bayasgalan Purevdorj, as well as faculty members, ophthalmologists, staff, and resident doctors from the Department of Ophthalmology.

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Order of “Chinggis Khaan” to be awarded to academician and lawyer S.Narangerel www.gogo.mn

On the occasion of National Pride Day, the 863rd anniversary of the birth of Great Emperor Chinggis Khaan, observed this year on November 21, the President has issued a decree awarding the country’s highest state honour.
S.Narangerel, Honored Scientist of Mongolia, Academician of the Mongolian Academy of Sciences, Doctor of Law, Professor, will be awarded the Order of “Chinggis Khaan”, in recognition of outstanding achievements in science and law.
The presidential decree names the recipient each year to mark National Pride Day, honouring individuals whose work has significantly contributed to the nation’s development and international standing.

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PM G.Zandanshatar proposes boosting coal exports to China to 100 million tons www.gogo.mn

During a meeting in Moscow, Prime Minister G.Zandanshatar discussed deeper economic cooperation with Chinese Premier Li Qiang, proposing a package of trade and infrastructure measures aimed at substantially expanding bilateral commerce.
G.Zandanshatar said Mongolia is ready to advance cross-border railway projects in stages, including the Shiveekhuren–Sekhee, Khangi–Mandal and Bichigt–Zuunkhatavch lines, to improve connectivity and logistics. He proposed increasing the physical volume of coal exports to China to 100 million tons, diversifying the two countries’ trade structure, and raising bilateral trade to USD 20 billion by easing and expanding quarantine protocols for agricultural products.
Premier Li Qiang expressed confidence that Mongolia–China relations will continue to develop steadily and long-term, and reiterated that China’s large market remains open to Mongolian goods. Both leaders also underlined the importance of advancing the trilateral natural gas pipeline project linking Russia and China through Mongolian territory, a project previously agreed by the heads of state of Mongolia, China and Russia.

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Mongolia's unemployment rate down 0.6 pct in Q3 www.xinhuanet.com

The unemployment rate in Mongolia decreased by 0.6 percent in the third quarter of 2025, compared with the same period last year, the country's National Statistical Office (NSO) said Wednesday.
During the period from July to September, a total of 80,600 people were registered as unemployed in Mongolia, more than half of whom were female. And the highest unemployment rate went to people aged 15-24.
The total number of people in the Asian country's labor force stood at more than 1.5 million at the end of last month, the agency added.
According to statistics, the female population of Mongolia is 1.8 million people, and the total population of the country exceeds 3.5 million. At the same time, every fifth woman in Mongolia had attained a bachelor's degree.

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China Donates Clinical Training Facility to Pediatric Rehabilitation Center www.montsame.mn

The Rehabilitation and Development Center for Children with Disabilities (RDCCD), built with support from the Government of China, has become a cornerstone in advancing early detection and developmental support for children with disabilities in Mongolia.
Established as a symbol of Mongolia-China friendship, commemorating the 70th anniversary of diplomatic relations between the two countries, the RDCCD continues to expand its services and impact.
Most recently, a newly equipped clinical training room was officially opened at the center. Funded by the Embassy of China in Ulaanbaatar, the facility is designed to enhance the skills of doctors and medical specialists working with children facing developmental challenges.
The handover ceremony was attended by Saran Gombojav, Advisor to the Minister of Family, Labour and Social Protection; Shen Minjuan, Ambassador of China to Mongolia; An Ye, Chairman of the Board of CTCE Group, a leading Chinese infrastructure and engineering company; Gerel Dovdondorj, Director of the General Authority for the Development of Persons with Disabilities; and Amarjargal Myangaa, Director of the RDCCD, who presented an overview of the center’s mandate and service delivery model.
The RDCCD integrates modern diagnostic and therapeutic tools, offering a wide range of services, including speech, language, and motor therapy, as well as care and rehabilitation counseling for children aged 0 to 16 with developmental challenges.
Recent reports indicate that over 11,000 children aged 0 to 18 in Mongolia are living with disabilities, underscoring the importance of expanding specialized services and professional training in the sector.

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