1 PRIME MINISTER OF MONGOLIA TO ATTEND WORLD ECONOMIC FORUM ANNUAL MEETING WWW.MONTSAME.MN PUBLISHED:2026/01/19      2 MONEY SUPPLY RISES BY 8.7 PERCENT WWW.MONTSAME.MN PUBLISHED:2026/01/19      3 MONGOLIAN PM G.ZANDANSHATAR RESPONDS TO CITIZENS IN LIVE ON-AIR Q&A WWW.NEWS.MN PUBLISHED:2026/01/19      4 IN ULAANBAATAR, CITIZENS OF MONGOLIA AND SOUTH KOREA ARRESTED FOR ORGANIZING ONLINE GAMBLING WWW.OPEN.KG PUBLISHED:2026/01/19      5 LONG-TERM AGREEMENT TO BE CONCLUDED TO INCREASE FUEL SUPPLIES WWW.MONTSAME.MN PUBLISHED:2026/01/19      6 CONCLUSION REACHED TO CONSTRUCT MULTI-LEVEL INTERCHANGES AT FIVE LOCATIONS WWW.MONTSAME.MN PUBLISHED:2026/01/19      7 AVERAGE NEW HOUSE PRICES IN MONGOLIA'S CAPITAL UP 10.8 PCT IN DECEMBER 2025 WWW.XINHUANET.COM PUBLISHED:2026/01/19      8 FACTORY BLAST IN CHINA'S INNER MONGOLIA KILLS 2, MISSING RISES TO 8, 84 INJURED WWW.XINHUANET.COM PUBLISHED:2026/01/19      9 PRESIDENT ISSUES DECREE ON DEVELOPING TRADITIONAL MONGOLIAN MEDICINE WWW.MONTSAME.MN PUBLISHED:2026/01/17      10 IN 2025, MONGOLIA EXPORTED 83.9 MILLION TONS OF COAL WWW.OPEN.KG PUBLISHED:2026/01/17      ХЭРЭГЛЭЭНИЙ ЗЭЭЛИЙГ ХЯЗГААРЛАНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/19     ТӨСВИЙН ТЭНЦВЭРЖҮҮЛСЭН ТЭНЦЭЛ 1.2 ИХ НАЯД ТӨГРӨГИЙН АЛДАГДАЛТАЙ ГАРАВ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/19     ЭНЭ ОНД ХОЁР БАЙРШИЛД ОЛОН НИЙТИЙН ЦЭЦЭРЛЭГТ ХҮРЭЭЛЭН БАЙГУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/19     “ЦАГААН АЛТ” ХӨТӨЛБӨРИЙН ХҮРЭЭНД САМНАСАН НООЛУУРЫН ЭКСПОРТ 330 САЯ АМ.ДОЛЛАРТ ХҮРЧЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/19     ЕРӨНХИЙ САЙД Г.ЗАНДАНШАТАР ДЭЛХИЙН ЭДИЙН ЗАСГИЙН 56 ДУГААР ЧУУЛГА УУЛЗАЛТАД ОРОЛЦОНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/19     2025 ОНД МОНГОЛ УЛС 27 ТЭРБУМ ДОЛЛАРЫН ГАДААД ХУДАЛДАА ХИЙЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/19     2026 ОНД МОНГОЛ УЛСЫГ ЗЭС "АВАРНА" WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/19     “ЧИНГИС ХААН” НИСЭХ БУУДЛЫГ ТҮШИГЛЭН ОЛОН УЛСЫН ТРАНЗИТ ЗОЧИД БУУДАЛ БАЙГУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/17     АТГ: Н.ТАВИНБЭХ ЗӨВЛӨХИЙНХӨӨ КОМПАНИД 7 ТЭРБУМ ТӨГРӨГИЙН САНХҮҮЖИЛТ ОЛГОСОН WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/17     С.НАРАНЦОГТЫН ЭХНИЙ НҮҮДЭЛ: ИРГЭДИЙН ЗЭЭЛИЙН ХЭМЖЭЭГ 5 ХУВИАР БУУРУУЛАХ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/17    

Category

Events

Events

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

NEWS

64x64

Mongolia, China Reaffirm Commitment to Raise Trade Turnover to USD 20 Billion www.montsame.mn

Prime Minister Zandanshatar Gombojav received Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Mongolia Shen Minjuan on January 13, 2026.
At the outset of the meeting, Prime Minister Zandanshatar expressed his appreciation to Li Qiang, Premier of the State Council of the People’s Republic of China, for extending New Year greetings. He noted with satisfaction that Mongolia and China, as eternal neighbors connected by mountains and rivers, regard the development of friendly relations and cooperation as a priority of their respective foreign policies, and that bilateral cooperation is being advanced beneficially on the basis of mutual respect for independence, sovereignty, territorial integrity, the development paths chosen by each side, and their fundamental interests.
The Prime Minister underscored that during his meeting with Premier Li Qiang in Moscow in November 2025, the two sides agreed to coordinate China’s 15th Five-Year Plan for socio-economic development with Mongolia’s five-year development plan in order to elevate long-term sustainable development, economic growth, and regional cooperation to a new level.
He emphasized that intergovernmental projects and programs being implemented between the two countries are of significant importance in bringing tangible benefits to the socio-economic development of both countries and their peoples. The Prime Minister reaffirmed Mongolia’s commitment to working closely with the Chinese side to achieve the Heads of State- agreed goal of increasing bilateral trade turnover to USD 20 billion in 2026. The two sides also expressed readiness to actively cooperate in facilitating transit transportation necessary to deliver Mongolian goods to third-country markets.
Ambassador Shen Minjuan noted that maintaining stable bilateral trade turnover amid challenging global trade and economic conditions demonstrates the broader potential for further expanding economic cooperation between the two countries. She also expressed her commitment to contributing to mutually beneficial cooperation between Mongolia and China.

...


64x64

Mongolia Reports Positive Foreign Trade Balance www.montsame.mn

 In 2025, Mongolia imported goods from 158 countries. According to a report from the Customs General Administration of Mongolia, China and Russia remain Mongolia’s primary import partners.  The breakdown of imports by country is as follows: China-40.7 percent, Russia-24.5 percent, Japan-9.6 percent, South Korea-4.1 percent, USA-3.7 percent, and Germany-2.3 percent.  
The country’s foreign trade turnover reached USD 27013.7 million in 2025, showing a slight decrease of USD 384.5 million (1.4 percent) compared to 2024. The country maintained a positive trade balance, with exports exceeding imports by USD 4389.4 million.  99.2 percent of total exports consisted of mineral resources, specifically: coal (hard coal and lignite), copper and molybdenum concentrates, fluorspar, iron and zinc ores, and crude oil.

...


64x64

Government to Update National E-Services Registry Next Month www.montsame.mn

A detailed sector-wide list of public electronic services will be compiled by individual service categories by next month.
Currently, the Register of Services Provided to Individuals and Legal Entities by the Government Electronic Services Regulation Authority includes 785 services delivered by 56 public institutions. During the digitalization process, a need has arisen to update the register due to several factors, including services that have already been digitized but are not reflected in the current list, services planned for digital transition, and changes in service titles, types, and responsible data authorities in accordance with relevant legislation.
Updating the register is expected to improve coordination among government institutions, eliminate duplication and inconsistencies in information, and enhance the accessibility and efficiency of public services provided to citizens and legal entities, reported the Government Public Relations Department.
At present, 451 services from 43 government institutions are delivered through 482 “Khurdan” kiosks, including 120 in Ulaanbaatar and 362 in rural areas. In addition, the Government Electronic Services Regulation Authority operates 596 “HURDAN” service points nationwide and abroad, comprising 144 in the capital, 405 in rural areas, and 47 in 31 foreign countries.

...


64x64

Astana to host 10th Kazakhstan - Mongolia Intergovernmental Commission meeting in 2026 www.qazinform.com

Ambassador of Kazakhstan to Mongolia Almas Seitakynov met with Minister of Food, Agriculture and Light Industry of Mongolia – Chair of the Kazakhstan-Mongolia Intergovernmental Commission on Trade and Economic, Scientific and Technical, and Cultural Cooperation (IGC) Myagmarsuren Badamsuren, the press service of the Kazakh Foreign Ministry reported. 
The meeting was also attended by Minister for Family, Labour and Social Protection Telukhan Aubakir, Member of Parliament – Deputy Chair of the Kazakhstan-Mongolia Parliamentary Friendship Group Khazhekber Jangabyl, as well as Member of Parliament Sarkhad Zulpkhar.
The sides discussed the current state and prospects of cooperation in agriculture, transport and logistics, light industry, tourism, education and culture, as well as opportunities to increase bilateral trade turnover. Particular attention was given to expanding direct business-to-business contacts between relevant agencies and private sector, enhancing cooperation, and implementing joint projects.
The parties also noted the important role of parliamentary friendship groups in promoting bilateral relations and strengthening ties between the peoples of the two countries.
Following the meeting, an agreement was reached to organize the 10th anniversary meeting of the IGC in Astana in 2026.
Earlier, it was reported that Mongolia's Immigration Agency issued visas to 124,000 foreign nationals in 2025.

...


64x64

9 Mongolian provinces experience harsh wintry weather www.xinhuanet.com

At least nine of all the 21 Mongolian provinces have been experiencing extreme wintry weather, known as "dzud," the country's National Emergency Management Agency (NEMA) said Wednesday.
Dzud is a Mongolian term to describe a severely cold winter when a large number of livestock die because the ground is frozen or covered with snow.
"At least nine provinces, including Uvs, Khovd and Zavkhan in the west, as well as Uvurkhangai in the central and Selenge in the north, are now experiencing the dzud," the NEMA said in a statement.
In addition, 16 provinces are experiencing near-dzud conditions, the emergency agency said.
Animal husbandry is one of the main pillars of the Mongolian economy, and almost 40 percent of the country's nomadic population depends on it.
However, due to the harsh and long winter, most of Mongolia's nomadic herders lose livestock every year.
According to NSO, Mongolia had 58.1 million head of livestock at the end of 2025.

...


64x64

Investor Protection Center Launched in Mongolia www.montsame.mn

As part of the Government’s policy to improve the investment environment and protect the lawful interests of domestic and foreign investors, the Investor Protection Center was established under the Ministry of Economy and Development and officially opened on January 12, 2026.
At the opening ceremony, First Deputy Prime Minister and Minister of Economy and Development Enkhbayar Jadamba stated, “Mongolia is consistently working to create a more transparent, stable, and predictable business environment for investors. In line with the Prime Minister’s directives, the center will establish a mechanism to convey investors’ voices directly to the Government and safeguard their legitimate interests. Economic expansion, export growth, industrial development, and job creation are inseparable from investment. Private sector leadership plays a key role in this process. However, the current investment climate remains unfavorable, making comprehensive policy reforms urgently needed to attract and increase investment.”
The Government has reviewed Mongolia’s investment policies and cooperation frameworks implemented over the past 30 years and has launched reforms of the legal environment. In this context, draft amendments to the Law on Investment and a draft Law on Trade are planned for discussion during the spring session of the State Great Khural. In addition, reforms are underway to transform state inspections into a clearer, advisory, preventive, and risk-based system. The draft Law on Permits has also entered parliamentary deliberation. These reforms aim to promote economic freedom and make Mongolia more business- and investment-friendly.
The newly established center will provide investors with legal and regulatory information through a one-stop service, ensure transparency, and receive and assist in resolving complaints and grievances before they escalate to court proceedings. Given that more than 200 laws regulate business relations in Mongolia—including around 40 provisions that restrict foreign investment—the center will relay investors’ real concerns to the government and provide practical support in resolving them. The center will also facilitate experience and information sharing, strengthen public–private partnerships, protect investors’ lawful rights and property inviolability, and collaborate with the private sector and professional associations to ensure that state involvement in business remains at an appropriate level.
The establishment of the Investor Protection Center is expected to provide tangible support in creating a stable, transparent, and favorable investment environment in Mongolia, while elevating public–private cooperation to a new stage.

...


64x64

4.5 Hectares Near Nogoon Nuur to Be Cleared for New Park www.montsame.mn

The Capital city plans to expand green spaces and public parks starting in 2026, providing residents with more areas for leisure and recreation.
As part of this effort, landscaping and greening works will be carried out around Nogoon Nuur and along the eastern avenue of the Gandantegchinlen Monastery. Population growth and new residential zones have emerged in the 9th, 10th, and 11th khoroos of Sukhbaatar district. Therefore, under the “20-Minute City” planning concept, the area will be developed into a friendly and accessible urban zone. Accordingly, 4.5 hectares of land near Nogoon Nuur will be cleared to build a park featuring an artificial lake. The park will include green areas, open spaces, bicycle paths, and parking facilities. Additionally, the area around the 16th khoroo of Bayangol бistrict, near Gandan, will be upgraded into a model street, and land clearance is currently underway.
Meanwhile, 48 ongoing landscaping and construction projects are continuing this year, including playgrounds, football fields, pedestrian walkways, public spaces, fencing, and other improvement works. In 2026, the city also plans to launch 24 new landscaping and development projects.

...


64x64

JICA signed the SATREPS protocol in the capital of Mongolia, Ulaanbaatar www.open.kg

On January 8, the Japan International Cooperation Agency (JICA) signed a protocol of discussions in Ulaanbaatar as part of the project "Creating a Digital Network Platform for Integrated Modeling Assessing the Resilience of Ecosystems of Pastures and the Gobi Desert to Climate Change and Human Activities" under the SATREPS program.
The signing ceremony was attended by Batbold Munkhtur, Director of the Department of Science and Technology Policy and Planning of the Ministry of Economy and Development of Mongolia, Sodnomzambuu Demberel, President of the Mongolian Academy of Sciences, and Tokudji Yoshimiura, Senior Representative of JICA in Mongolia.
This project is the result of collaborative efforts between Yamaguchi University and the Institute of Mathematics and Digital Technologies of the Mongolian Academy of Sciences. The main goal is to develop sensor technologies that will combine satellite data with information collected on-site in pasture areas of Mongolia that are prone to desertification. The project also includes the development of methods and mechanisms for assessing the resilience of ecosystems, allowing for the monitoring of the impact of human activities and climate change on these ecosystems.

...


64x64

Mongolia’s AI Readiness Explored in UNDP’s “The Next Great Divergence” Report www.news.fundsforngos.org

Today, the United Nations Development Programme (UNDP) in Mongolia, in partnership with the Ministry of Digital Development, Innovation and Communications, launched the “The Next Great Divergence” report and convened a high-level dialogue on Mongolia’s readiness for artificial intelligence (AI). The report, published by UNDP’s Regional Bureau for Asia and the Pacific, highlights AI’s potential to drive economic growth, improve public services, and advance human development, while cautioning that uneven digital infrastructure, skill gaps, and governance challenges risk deepening inequalities between countries. It identifies this emerging risk as the “Next Great Divergence,” stressing that current policy choices around AI adoption will shape long-term development outcomes.
At the opening of the event, Ms. Matilda Dimovska, UNDP Resident Representative in Mongolia, emphasized that many countries lack the necessary infrastructure, skills, and governance systems to fully benefit from AI, and that these imbalances could exacerbate global inequalities. Mr. Batshugar Enkhbayar, Minister of Digital Development, Innovation and Communications, outlined Mongolia’s policy priorities, emphasizing that AI should enhance human capabilities and contribute to societal well-being. He highlighted the importance of strong collaboration between government, the private sector, and international organizations, particularly in areas such as healthcare, education, and public safety.
New Year Discount
Mr. Firuz Saidkhadzhaev, Climate Finance and Development Economist at UNDP Mongolia, presented the report’s findings, examining how rapid AI development is affecting countries differently. He underscored the importance of leveraging AI as a driver of economic growth in Mongolia while ensuring that policies are designed to reduce social and regional inequalities.
The event also featured a panel discussion titled “AI for Inclusive Development: From Global Risks to Local Solutions,” bringing together government officials, innovators, and private sector representatives. The panel explored Mongolia’s emerging AI policy framework, practical applications such as pastureland management and transparency, and the broader challenges and opportunities of scaling AI responsibly.
Overall, the event served as a platform for multi-stakeholder dialogue, contributing to the development of Mongolia’s National AI Strategy and reinforcing partnerships to ensure that AI adoption is inclusive, ethical, and aligned with human development priorities. UNDP continues to support Mongolia and other nations in building frameworks that harness AI for equitable and sustainable growth.

...


64x64

Erdene Achieves Gold Production in Mongolia, Advances Multi-Mine District Strategy www.cruxinvestor.com

Erdene Resource Development Corporation achieved a significant milestone in September 2025 with first gold production at its Bayan Khundii mine in southwestern Mongolia. This transition from explorer to producer marks the beginning of what CEO Peter Akerley describes as a systematic strategy to build "a new minerals district in southwestern Mongolia that ultimately will be a multi-mine producer of multiple commodities."
The achievement positions Erdene among a select group of junior mining companies that successfully navigated the challenging period of high-cost capital and prolonged exploration to reach commercial production. With gold prices hovering near $4,600 per ounce and copper maintaining strength, the company now faces the challenge of converting initial production success into a sustainable multi-asset operation while maintaining the capital discipline that characterised its development phase.
Construction Execution in Evolving Infrastructure
The Bayan Khundii mine was constructed for $115 million over 22 months, meeting both budget and timeline targets in an environment often characterised as infrastructurally challenging. Akerley notes that perceptions of Mongolia's remote southwestern region evolved during the construction period itself: 
"We brought in power from the Chinese border. Roads are being built past our project now. So, much of what was considered a challenge was mitigated through the good contractors we had on site, but also that changing infrastructure."
The successful execution stemmed partly from Erdene's partnership with Mongolian Mining Corporation (MMC), which contributed both capital and operational expertise from developing a billion-dollar coal mine in Mongolia. This partnership brought complementary skill sets - Erdene's 25 years of Mongolian exploration experience combined with MMC's demonstrated ability to deliver large-scale mining projects on budget in challenging conditions.
The transition from explorer to producer fundamentally altered Erdene's market positioning. Trading volumes increased fourfold upon achieving production, supported by a share consolidation that improved liquidity. "There's a different audience out there that's paying attention," Akerley observes, noting that the company now attracts different investor types focused on production metrics rather than exploration potential alone.
Operational Ramp-Up Through Technical Optimisation
The Bayan Khundii plant has reached nameplate capacity of 1,950 tons per day, operating at approximately 90% utilisation. However, the transition from bulk mining startup to selective high-grade operations continues to present technical challenges that directly impact reconciliation between reserve models and actual production.
Initial operations deliberately fed sub-grade material through the plant during commissioning, producing 340 ounces in September. The company has gradually increased feed grade to approximately 2 g/t - matching the resource average with a target of reaching the 3.8 g/t reserve grade by April 2026 when commercial production is expected to be declared.
Several technical refinements are underway. Blasting patterns required adjustment to achieve proper fragmentation, initially resulting in 15% of material being diverted due to excessive coarseness. "The hardest material is the stuff that has the most juice in it because that's the siliceous ore that is around the quartz veins," Akerley explains, noting that this higher-grade material's exclusion complicated early reconciliation efforts. A mobile crusher has been deployed to process this coarse fraction while longer-term blast optimisation continues.
The ramp-up process involves systematic improvements across the mining value chain. Akerley describes the progression: 
"It's everything from updated resources to digging lines to blasting to the mining. Mining is a big part of this. You have operators that are new to this who if they are experienced have come out of coal mining, so it's getting it down to very fine-tuned mining and then it's the blending of those stockpiles into the plant."
Financial Structure Supporting Strategic Capital Allocation
The operating subsidiary carries $123 million in debt comprising a $50 million commercial loan, approximately $60 million in shareholder loans from MMC, plus accrued interest. The company has begun debt repayment with priority given to retiring the commercial facility before shareholder loans.
Despite debt service obligations, partners have approved continued exploration spending - several million dollars in late 2025 and $10 million budgeted for 2026. This decision reflects confidence that Bayan Khundii operations have achieved self-sustaining status without requiring additional capital injections. The exploration budget enables simultaneous advancement of multiple projects while debt reduction proceeds.
Capital allocation priorities balance three objectives: debt reduction, sustained exploration across the project portfolio, and evaluation of plant expansion opportunities. The partners maintain flexibility to redirect cash flows toward development projects or additional acquisitions should opportunities arise, though debt retirement and exploration remain the near-term focus.

...


  • Terms of Reference
  • About
  • Contact Us

Managed by: B2BMongolia www.b2bmongolia.com

Events

News

Facebook