1 AUS-BRITISH MINER'S PLIGHT IN MONGOLIA HAS 'CHILLING EFFECT' ON INVESTMENT WWW.MININGMAGAZINE.COM  PUBLISHED:2025/04/03      2 ULAANBAATAR INTRODUCES ADVANCED AI SOFTWARE TO SUPPORT POLICE INVESTIGATION WWW.MONTSAME.MN PUBLISHED:2025/04/03      3 ION ENERGY SECURES $13.5M DEAL WWW.INSIDEMONGOLIA.MN PUBLISHED:2025/04/03      4 PROGRESS OF NATURAL GAS PIPELINE PROJECT PRESENTED TO CABINET WWW.MONTSAME.MN PUBLISHED:2025/04/03      5 ULAANBAATAR TO IMPLEMENT 24 MEGA PROJECTS UNDER INTERNATIONAL FIDIC CONTRACT STANDARDS WWW.MONTSAME.MN PUBLISHED:2025/04/03      6 INTERBANK TRANSACTIONS NOW USE IBAN NUMBERS WWW.MONTSAME.MN PUBLISHED:2025/04/03      7 MEERECOMPANY SIGNS MOU WITH THE MONGOLIAN CENTER FOR HEALTH DEVELOPMENT WWW.SURGICALROBOTICSTECHNOLOGY.COM PUBLISHED:2025/04/03      8 GOLD AND COPPER PRICES SURGE WWW.UBPOST.MN PUBLISHED:2025/04/02      9 REGISTRATION FOR THE ULAANBAATAR MARATHON 2025 IS NOW OPEN WWW.MONTSAME.MN PUBLISHED:2025/04/02      10 WHY DONALD TRUMP SHOULD MEET KIM JONG- UN AGAIN – IN MONGOLIA WWW.LOWYINSTITUTE.ORG  PUBLISHED:2025/04/02      ИПОТЕКИЙН ЗЭЭЛИЙН ДААТГАЛЫН ӨӨРЧЛӨГДСӨН ЗОХИЦУУЛАЛТ VIII/01-НЭЭС ХЭРЭГЖИНЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/03     “ASPIRE MINING” 2024 ОНД A$6.6 САЯЫН ЦЭВЭР АШИГТАЙ АЖИЛЛАСНАА ТАЙЛАГНАЛАА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/03     ЕАЭЗХ-ТОЙ ЧӨЛӨӨТ ХУДАЛДААНЫ ХЭЛЭЛЦЭЭР БАЙГУУЛСНААР ДНБ-ИЙ ӨСӨЛТ 6.1 ХУВИАР БУУРАХ ЭРСДЭЛТЭЙ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/03     НИЙСЛЭЛИЙН 18 БАЙРШИЛД ОЛОН ТҮВШНИЙ УУЛЗВАР БАРИНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/03     ХХОАТ-ЫГ 1 ХУВЬ БОЛГОХ САНАЛЫГ ТӨСВИЙН БАЙНГЫН ХОРООНД ШИЛЖҮҮЛЛЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/03     ГЕГ: АНУ-Д ХИЙСЭН ЭКСПОРТ 2024 ОНД $166.3 САЯ БОЛЖ, ӨМНӨХ ОНООС 4.5 ДАХИН ӨССӨН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/03     ХӨСҮТ: УЛААНБУРХНЫ 253 ТОХИОЛДОЛ БАТЛАГДАЖ, 7220 ХАВЬТАЛ БҮРТГЭГДЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/03     “JADE GAS” КОМПАНИ "УЛААН НУУР" ТАЛБАЙДАА ХОЁР ДАХЬ ХЭВТЭЭ ЦООНОГИЙН ӨРӨМДЛӨГӨӨ ЭХЛҮҮЛЭВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/03     БАНК ХООРОНДЫН ГҮЙЛГЭЭНД IBAN ДАНСНЫ ДУГААР АШИГЛАЖ ЭХЭЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/03     УСТСАНД ТООЦОГДОЖ БАЙСАН УЛААНБУРХАН ӨВЧИН ЯАГААД ЭРГЭН ТАРХАХ БОЛОВ? WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02    

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

North China's Ganqmod Port sees growth in goods shipment in 2022 www.xinhuanet.com

The goods shipment volume via Ganqmod Port in North China's Inner Mongolia autonomous region exceeded 19 million metric tons in 2022, making it the highway port with the largest shipment volume between China and Mongolia.
This figure is 2.44 times that of 2021, according to the Ganqmod Port management committee in the city of Bayan Nur. Of the goods, imported coal exceeded 18 million tons, soaring nearly 160 percent year-on-year, while exported goods reached 257,700 tons, up more than 74 percent year-on-year.
In 2021, affected by the COVID-19 pandemic and other factors, the shipment volume of the port decreased significantly. In 2022, Inner Mongolia implemented innovative measures -- including improving the business environment and intelligent customs clearance -- to promote the recovery of the shipment volume at the port.
Currently, the daily number of inbound and outbound cargo vehicles via the port has increased to more than 3,500 from just 400 in 2009, according to the management committee.
Ganqmod Port, a major energy import channel for the country, has become an important hub on the China-Mongolia-Russia economic corridor.
 
 
 
...


64x64

A new dataset for mongolian online handwritten recognition www.news.mn

A new traditional Mongolian word-level online handwriting dataset, MOLHW is introduced. The dataset consists of handwritten Mongolian words, including 164,631 samples written by 200 writers and covering 40,605 Mongolian common words. These words were selected from a large Mongolian corpus. The coordinate points of words were collected by volunteers, who wrote the corresponding words on the dedicated application for their mobile phones.
With the popularity of mobile phones and digital devices, more applications of handwriting recognition have emerged, such as the handwriting input method, signature recognition, and business card recognition. In the Inner Mongolia Autonomous Region, China, about 4 million people speak and write the traditional Mongolian language. However, owing to the lack of datasets, the development of Mongolian online handwriting recognition has been slow.
In Mongolian online handwriting recognition, to our knowledge, MRG-OHMW is the first publicly available database for online handwritten Mongolian. The main shortcoming of this dataset is that the vocabulary only covers 946 Mongolian words, which is too small for Mongolian, and the handwriting trajectories were collected by an Anoto pen on paper, making them different from trajectories written with fingers on a touch screen.
The MOLHW dataset is now freely available to researchers for various Mongolian online text-related applications, such as Mongolian online text recognition, handwritten text generation, writer identification and verification, and signature recognition. The main contributions of this paper can thus be summarized as follows.
The creation of an open vocabulary benchmarking dataset of a Mongolian online handwritten dataset, MOHLW, which includes 164,631 samples written by 200 writers and covers 40,605 common Mongolian words.
The development of tools, techniques, and procedures for Mongolian online text collection, verification, and transliteration.
The development of a proposed benchmark model for recognition of online Mongolian handwritten words using the encoder–decoder model.
A comparison of the performance of different models on this dataset.
Like English, traditional Mongolian is a phonetic script, with 35 letters. Unlike letters in the Latin alphabet, Mongolian letters have different shapes depending on the position and context in a word.
...


64x64

Kamila Valieva to give performances at Mongolia’s Steppe Arena www.news.mn

Kamila Valieva, one of the current stars of Russian figure skating, is rumored to perform at the Steppe arena in Mongolia. According to specialist of the Steppe Arena Complex, “In April or May, Russian Olympic and world champion figure skaters led by Kamila Valieva are scheduled to perform in Mongolia.”
Kamila Valieva participated in the 2022 Beijing Winter Olympics, where she claimed the title of the first woman to land a quadruple jump in the Olympic Games.
Separately, Mongolia will host the Asian Youth Hockey Championship on 11-18 March, and the World Hockey Championship on 23-26 March for first time. As you may already know, Steppe Arena is the newly built ice rink that is built per proposed standards from the International Olympic Committee. The arena proudly provides the opportunity to host both international and continental games.
...


64x64

West sets traps to undermine Russia-Mongolia friendship - senior diplomat www.tass.com

The West takes efforts to undermine Mongolia’s friendship and cooperation with Russia but Moscow is confident that Mongolian partners have sufficient wisdom to avoid the traps set by opponents, Russian Deputy Foreign Minister Andrey Rudenko said in an interview with TASS published on Tuesday.
"We see that the West, called the ‘third neighbor’ in Mongolia, is taking concentrated efforts aimed at undermining Mongolia’s traditional friendship and cooperation with Russia. We are confident that Mongolian partners have sufficient wisdom to avoid the traps set by our opponents and ensure the sound and constructive development of ties with Russia that meets the vital interests of the peoples of both countries," the senior Russian diplomat pointed out.
The Russia-Mongolia political dialogue, including at the highest and high levels, has intensified considerably after both countries lifted mutual sanitary and epidemiological restrictions in early 2022, Rudenko said.
"Both countries continue building up interaction in the military and military-technical spheres," the high-ranking Russian diplomat went on to say.
"Mongolian servicemen traditionally took part in the Vostok 2022 command and staff drills, the International Army Games and other events on the territory of Russia. On August 1-10, 2022, the Selenga annual bilateral drills were held in western Mongolia. The efficiency of inter-agency coordination in the security sphere was consistently increased," he said.
The high-ranking Russian diplomat also pointed to the positively developing border and inter-regional cooperation, educational and humanitarian exchanges, adding that both countries were gradually restoring transport links.
...


64x64

Issues of secured transactions and pledges of movable property www.mondaq.com

The International Finance Corporation of the World Bank Group, in cooperation with the Mongolian Bank Association, has been implementing a program to enhance the supply chain finance market, especially focusing on the increase of loans and financing secured by moveable assets. For Mongolia, the "Law on Pledge of Movable Property and Intangible Property" was enacted and has been in effect since 2015 becoming one of the most frequently discussed legal relations.
Understanding the legal regulations of such relations and application of the law are essential for the growth of loans and financing secured by movable assets. In particular, this law is an economically significant law that provides a mechanism for securing valuable movable property while maintaining the basic concept of ownership in the Civil Code of Mongolia, thereby providing a mechanism for small and medium-sized businesses to obtain the necessary financial needs. In this regard, the concepts and issues of secured transactions and movable property collateral are outlined herein.
...


64x64

First cryptocurrency exchange of Mongolia attracts more than 160,000 users in a year www.akipress.com

The idax cryptocurrency exchange, which is open to users from any country in the world, opened a year ago and now has more than 160,000 users. More than 53,000 of them are foreign users.
The technology, safety and maintenance of products have been improved over this year.
Advantages of idax include multi-coin trading, competitive fees (idax charges a flat fee of 0.2% per trade), a web-based platform.
...


64x64

Opening of New Logistics Center to Allow 700 Trucks to Cross Borders Everyday www.montsame.mn

In the framework of the Mongolian government's “New Revival Policy'', the old Zamiin-Uud border checkpoint in Dornogobi aimag is under renovation to meet international standards with the funding of the Chinese government’s non-refundable aid.
As of today, the street lighting, interior, and exterior constructions, and subsurface utility engineering services have been completed in the passenger transport area. Moreover, the facilities, substructures, walkways and driveways, exterior landscaping, underground utility work, and gravel roads have been completed in the 19.72 hectares of passenger transport area. The remaining 14.95 hectares of freight transportation area are currently under construction.
Once the new logistics center is commissioned this July, the capacity of the border checkpoint will be increased by 5 times and over 700 trucks will be able to go through it everyday.
“Zhongmei engineering group” LLC is working as a contractor by order of the Ministry of Finance and the “Development Guide-Infrastructure” project.
 
 
 
...


64x64

IPO of Mongolian Stock Exchange Oversubscribed by 4.8 Times www.montsame.mn

The "Mongolian Stock Exchange" (MSE) started its primary market trading on December 26 by offering 34 percent of its total of 119,157,598 shares to the public.
As a result, the MSE raised MNT 57.8 billion through 7.417 orders which exceeded its initial target of MNT 11.9 billion by 4.8 times.
The Financial Regulatory Commission will review the subscriptions according to the Regulation on Securities Registration and issue a final report.
As part of its New Revival Policy, the Government of Mongolia has made a decision to make 25 state-owned companies public by offering their shares. In accordance with the decision, the MSE became the first state-owned company to issue its IPO and convert into a public company.
The Minister of Finance, B. Javkhlan, emphasized that the IPO of MSE became the starting point for publicizing state-owned companies.
...


64x64

Aspire Mining wraps up infill drilling at Ovoot Coking Coal Project in Mongolia www.proactiveinvestors.com.au

Aspire Mining Ltd (ASX:AKM) is busy developing metallurgical coal assets in Mongolia, where it is working on its wholly owned Ovoot Coking Coal Project (OCCP) in the country's north.
The company has now wrapped up onsite activities related to a small-scale infill drilling program on the Ovoot mining licence, as previously planned and announced for the December quarter.
Approved drilling activities
The drilling was done in accordance with the exploration plan approved by the Mineral Resources and Petroleum Authority of Mongolia (MRPAM), along with an environmental protection plan approved by soum (council) and aimag (province) authorities administered under the Ministry of Nature, Environment and Tourism (MNET).
Exploration boreholes were drilled at 11 locations within the mining licence, for a total of 1,569 metres drilled.
Of these, 1,284 metres were of HQ size (including 487.5 metres of PCD2 drilling and 836.2 metres of DD3 drilling) and 285 metres were of PQ size (including 152.6 metres PCD and 131.6m DD).
The company has now delivered the water, coal and rock samples it gathered from the field to accredited laboratories in Ulaanbaatar.
Initial laboratory results are expected to be available in early 2023 to facilitate the intended hydrological, geotechnical and washability analyses for input into revised geological modelling and mine design and scheduling.
The implementation of the exploration program provided multiple commercial opportunities for people and businesses in Tsetserleg soum.
Over a two-month period, more than 30 local people were employed, and more than MNT 165 million (around US $50,000) was spent directly and indirectly on locally procured goods and services, which the company says represents a significant contribution to the local economy.
About Aspire Mining
Aspire Mining wholly owns the world-class Ovoot Coking Coal Project and has a 90% stake in the Nuurstei Coking Coal Project – both in the Khuvsgul aimag province of northern Mongolia, near the border with Russia.
The company is focused upon permitting, engineering and financing the Ovoot Project.
The plan is to mine coking coal, truck this to a company-owned terminal facility in Erdenet and then deliver the product to customers in China and Russia via the existing Mongolian rail network.
...


64x64

Luxembourg Donates EUR 5 million for Promoting Children’s Health in Mongolia www.montsame.mn

The Government of the Grand Duchy of Luxembourg handed over a donation of EUR 5 million for the Prevention and Reduction of Child Rheumatic Heart Disease in Mongolia to UNICEF Mongolia.
Rheumatism is the most commonly acquired heart disease globally in people under the age of 25. It starts as a sore throat from a bacterium called Streptococcus pyogenes (group A streptococcus) which can spread easily from one person to another. Every year, the disease claims 288,348 lives worldwide. The earlier it is detected; the earlier action is taken which leads to a better health outcome. According to 10-year morbidity data (2011-2021), children’s morbidity accounted for 29.1 percent of the total morbidity in Mongolia. The report, issued by the Center for Health Development in 2022, stated that respiratory tract infections had been the most common among children under 15.
“I would like to express my deepest gratitude to the Government of Luxembourg on behalf of UNICEF Mongolia for its generous contribution made in support of the health of the most vulnerable children in Mongolia. Investing in the Prevention and Reduction of Child Rheumatic Heart Disease is one of the most cost-effective interventions to ensure a reduction in Child congenital diseases” says Evariste Kouassi-Komlan, UNICEF Representative in Mongolia.
UNICEF Mongolia’s Rheumatic prevention program aims to screen girls and boys, including adolescents, at an early stage for Rheumatic Heart Disease and streptococcus pharyngitis with the help of medical workers who are capable of using existing equipment to diagnose child heart disease and other non-communicable diseases.
Additionally, the program will create an enabling environment for antenatal care and early infancy and adolescents’ health, as well as train doctors, nurses, and health workers for an improved capacity in diagnosing and using existing equipment for early screening of congenital heart disease (CHD) and other non-communicable diseases among infant children. Finally, the program will promote healthy lifestyles including good hygiene through targeted awareness-raising campaigns.
...