1 GOLD AND COPPER PRICES SURGE WWW.UBPOST.MN PUBLISHED:2025/04/02      2 REGISTRATION FOR THE ULAANBAATAR MARATHON 2025 IS NOW OPEN WWW.MONTSAME.MN PUBLISHED:2025/04/02      3 WHY DONALD TRUMP SHOULD MEET KIM JONG- UN AGAIN – IN MONGOLIA WWW.LOWYINSTITUTE.ORG  PUBLISHED:2025/04/02      4 BANK OF MONGOLIA PURCHASES 281.8 KILOGRAMS OF PRECIOUS METALS IN MARCH WWW.MONTSAME.MN PUBLISHED:2025/04/02      5 P. NARANBAYAR: 88,000 MORE CHILDREN WILL NEED SCHOOLS AND KINDERGARTENS BY 2030 WWW.GOGO.MN PUBLISHED:2025/04/02      6 B. JAVKHLAN: MONGOLIA'S FOREIGN EXCHANGE RESERVES REACH USD 5 BILLION WWW.GOGO.MN PUBLISHED:2025/04/02      7 185 CASES OF MEASLES REGISTERED IN MONGOLIA WWW.AKIPRESS.COM PUBLISHED:2025/04/02      8 MONGOLIAN JUDGE ELECTED PRESIDENT OF THE APPEALS CHAMBER OF THE ICC WWW.MONTSAME.MN PUBLISHED:2025/04/01      9 HIGH-PERFORMANCE SUPERCOMPUTING CENTER TO BE ESTABLISHED IN PHASES WWW.MONTSAME.MN PUBLISHED:2025/04/01      10 LEGAL INCONSISTENCIES DISRUPT COAL TRADING ON EXCHANGE WWW.UBPOST.MN PUBLISHED:2025/04/01      УСТСАНД ТООЦОГДОЖ БАЙСАН УЛААНБУРХАН ӨВЧИН ЯАГААД ЭРГЭН ТАРХАХ БОЛОВ? WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     САНГИЙН ЯАМ: ДОТООД ҮНЭТ ЦААСНЫ АРИЛЖАА IV/16-НААС МХБ-ЭЭР НЭЭЛТТЭЙ ЯВАГДАНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     МОНГОЛБАНКНЫ ҮНЭТ МЕТАЛЛ ХУДАЛДАН АВАЛТ ӨМНӨХ САРААС 56 ХУВИАР, ӨМНӨХ ОНЫ МӨН ҮЕЭС 35.1 ХУВИАР БУУРАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     Б.ЖАВХЛАН: ГАДААД ВАЛЮТЫН НӨӨЦ ТАВАН ТЭРБУМ ДОЛЛАРТ ХҮРСЭН WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     1072 ХУВЬЦААНЫ НОГДОЛ АШИГ 93 500 ТӨГРӨГИЙГ ЭНЭ САРД ОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     Н.УЧРАЛ: Х.БАТТУЛГА ТАНД АСУУДЛАА ШИЙДЭХ 7 ХОНОГИЙН ХУГАЦАА ӨГЧ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/02     “XANADU MINES” КОМПАНИ "ХАРМАГТАЙ" ТӨСЛИЙН ҮЙЛ АЖИЛЛАГААНЫ УДИРДЛАГЫГ “ZIJIN MINING”-Д ШИЛЖҮҮЛЭЭД БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ТӨМӨР ЗАМЫН БАРИЛГЫН АЖЛЫГ ЭНЭ САРЫН СҮҮЛЭЭР ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/02     “STEPPE GOLD”-ИЙН ХУВЬЦААНЫ ХАНШ 4 ХУВИАР ӨСЛӨӨ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ҮЙЛДВЭРЛЭЛИЙН ОСОЛ ӨНГӨРСӨН ОНД ХОЁР ДАХИН НЭМЭГДЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2025/04/01    

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

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Ulaanbaatar's new central treatment plant to launch this August www.gogo.mn

The rapid response headquarters held a regular meeting to address air pollution, advance infrastructure development projects, and ensure inter-sectoral coordination in Ulaanbaatar.
Following the meeting, L.Oyun-Erdene, Prime Minister of Mongolia, visited the progress of the new Central treatment plant, which is being constructed with a concessional loan from China. The plant is 95% complete and is slated for commissioning in August, 2025.
As part of the project, efforts to introduce wastewater recycling technology are also underway, with 60% of the work completed. Once operational, the recycling of treated water will help reduce the reliance on groundwater for industrial purposes, contributing to more sustainable water management.
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Mongolia's capital to stockpile 10,000 tons of meat for spring consumption www.xinhuanet.com

The Mongolian government has decided to stockpile at least 10,000 tons of livestock meat to ensure a steady supply for residents of the national capital during the spring season of 2025.
Relevant officials have been assigned to oversee the supply, distribution, sales, quality and safety of the reserved meat, according to a statement from the government's press office on Wednesday.
During the harsh spring season, as nomadic livestock become lean and herders have fewer animals to sell, meat prices rise in urban areas, leading to potential shortages.
Ulan Bator is home to about half of Mongolia's 3.5-million population, and livestock meat is the primary food consumed by Mongolians.
As one of the world's last remaining nomadic nations, Mongolia had 57.6 million livestock at the end of 2024, according to the National Statistics Office.
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Number of Foreign Visitors Entering Mongolia Increased by 32.6 Percent Compared to Previous Year www.montsame.mn

In 2024, a total of 7.1792 million travelers crossed the border of Mongolia, representing an increase of 1.8443 million, or 34.6%, compared to the previous year.
Among the 3.5766 million travelers who entered Mongolia in 2024, 34.0% used the Zamiin-Uud border port, 25.9% arrived through Chinggis Khaan International Airport, 9.6% entered via Altanbulag, 8.9% via Gashuunsukhait, 5.2% through Shiveekhuren, and 16.4% via other checkpoints. Of the total inbound travelers, 2.7228 million (76.1%) were Mongolian nationals, while 853.8 thousand (23.9%) were foreign nationals. Compared to the previous year, the number of Mongolian citizens entering the country increased by 714.0 thousand (35.5%), while the number of foreign visitors grew by 209.8 thousand (32.6%).
Among the foreign visitors, 516.6 thousand (60.5%) were male, and 337.2 thousand (39.5%) were female.
In terms of regional distribution, 63.3% of the foreign visitors were from East Asia and the Pacific region, 32.1% from Europe, 2.5% from the Americas, 1.2% from the Middle East, 0.7% from South Asia, and 0.2% from Africa. By nationality, 29.6% of the foreign visitors were from China, 26.2% from Russia, 22.6% from South Korea, 3.1% from Japan, 2.9% from Kazakhstan, 2.1% from the United States, and 13.5% from other countries.
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“Atar-4” Sustainable Agriculture Development Campaign to Begin in February www.montsame.mn

During its regular session on January 29, 2025, the Cabinet of Mongolia approved the action plan of the “Atar-4” Sustainable Agriculture Development Campaign aiming at introducing advanced technology and crops suitable for the soil and climate of Mongolia and supporting industrial agriculture.
President of the Bank of Mongolia Lkhagvasuren Byadran was instructed to fund soft loans to agricultural enterprises that operate in agriculture, livestock, and food production sectors through commercial banks in line with relevant laws and regulations.
As part of the “Atar-4” Sustainable Agriculture Development Campaign, 60 measures will be implemented in line with five goals including “Adapting to Climate Change, Environmentally-Friendly Agriculture,” “Regional Development,” “Industry and Value Chains,” “Innovation and Technology,” and “Risk Management System and Foreign Trade.”
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Mongolia to resume spring horse racing www.xinhuanet.com

The Mongolian government has decided to resume spring horse racing, granting provincial and local authorities full autonomy over organizing the traditional sport.
"The government has decided to transfer all rights to organize sports and cultural activities to provincial and local authorities," Deputy Prime Minister Sainbuyan Amarsaikhan said at a press conference following Wednesday's regular cabinet meeting.
Under the new regulation, provincial and local administrations will be able to arrange spring horse races starting March 1 independently.
To enhance safety, child jockeys must be at least 12 years old and wear protective helmets and clothing.
In 2018, the government banned horse racing from Nov. 1 to May 1 due to concerns over child jockeys' health and safety, as well as the heightened risks associated with racing in harsh winter and spring conditions.
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20th LIFESTYLE WEEK TRADE FAIR TOKYO, JAPAN. July 02-04. 2025 www.mongolianbusinessdatabase.com

apan’s largest exhibition organizer RX Japan is launching the registration of Mongolian exhibitors for the “20th LIFESTYLE WEEK TRADE FAIR” in Tokyo, Japan July 02-04.2025.
LIFESTYLE Week comprises 9 specialized shows featuring gifts, interior goods, stationery, fashion items, beauty & healthcare products, etc High-design, functional, and storied products are showcased, drawing tens of thousands of buyers annually.
There are more than 45.000 visitors and major retailers include department stores, lifestyle shops, GMS importers/distributors and professional users account for about 60%.
Please contact MBD Mongolian Business Database an official agent of RX Japan for more information in details at contact@mongolianbusinessdatabase.com or 976 99066062.
The registration will close March 10.2025.
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Mongolia's Workforce Demand in 2025 will Reach 83.7 Thousand www.montsame.mn

According to a study by the Employment Policy Research Department of the Training, Assessment, and Research Institute of Labor and Social Protection of Mongolia, workforce demand for the domestic labor market in 2025 will reach 83.7 thousand.
The labor market of the country is greatly affected by the season. Two out of every three job openings in a year tend to be created in the first half of the year and this trend is expected to continue in 2025, with 79.2 percent of the total labor force demand falling in the first half of the year. In the last 10 years, the national labor demand has fluctuated between 52 thousand and 95 thousand, with an average of 76.2 thousand, while in 2025 this figure will reach 83.7 thousand.
The labor market demand research is vital in determining the short-term labor demand of the Mongolian labor market, providing policymakers and decision-makers, as well as researchers and data users with information that can be used in the medium-term and long-term estimates of labor demand, according to the Ministry of Family, Labor and Social Protection.
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Implementation of Tax Law Under Discussion www.montsame.mn

A series of discussions under the theme "Current State of the Tax System of Mongolia and Required Changes" are being jointly organized by the Standing Committee on Budget of the State Great Khural (Parliament) of Mongolia and the Working Group in charge of reviewing the implementation of tax laws, issuing conclusions on the implementation, and if necessary, developing relevant draft laws.
The first discussion was held on January 28, 2025, on the topic of the “Implementation of the Law on Corporate Income Tax” at the State Palace of Mongolia. Head of the Working Group, Member of Parliament Gankhuyag Khassuuri noted, “The revised Law on Tax took effect in 2020. Although, for example, the revised Corporate Income Tax Law has established a simplified tax system, taxpayers complain that some regulations are still inconvenient, burdensome, and ineffective."
At the discussion, Deputy Head of the General Tax Department Myagmarjav Regzen and Specialist of the Tax Policy Department of the Ministry of Finance B. Enkhjin made presentations on the topic of “Implementation of the Law on Corporate Income Tax, Current Situation, and Future Measures.” In his presentation, Deputy Head of the General Tax Department Myagmarjav noted that the tax package law has been implemented since 1992 and that the tax rate and amount have changed substantially with each amendment to the law, depending on the level of sales revenue and taxable income. "The average corporate income tax is 21.2 percent internationally. In Mongolia, according to the tax laws in effect today, with the simplified tax formula, in other words, businesses with sales revenue of up to MNT 50 million are paying 1 percent tax on their sales revenue without deduction and exemptions. However, companies with sales revenue of MNT 3-6 billion are taxed at a rate of 10 percent, while companies with revenue over MNT 6 billion pay 25 percent tax" noted Mr. Myagmarjav.
"As of 2023, the average tax burden for businesses is 10.1 percent, according to a survey covering more than 158 thousand enterprises. In other words, enterprises are paying this percentage of their income in taxes," highlighted Specialist at the Tax Policy Department of the Ministry of Finance B. Enkhjin. She further noted that micro, small, and medium-sized enterprises have a tax burden of 5-6 percent, and large enterprises have a tax burden of 12.8 percent. By sector, mining has a tax burden of 19.2 percent, trade or 36.4 percent of all enterprises has a tax burden of 7.3 percent, food and agriculture has a tax burden of 4.3 percent, construction has a tax burden of 5.3 percent, and electricity has a tax burden of 4.3 percent.
The participants of the discussion suggested that when implementing tax reform, it is necessary to encourage the operation of enterprises, pay attention to human resource issues, and implement policies aimed at ensuring the principle of equal and fair taxation. They also put proposals that the legal environment of the insurance sector should be renewed since tax legislation has regulations related to the insurance sector, pay attention to the conditions under the current law that small taxpayers could hide their income, find optimal solutions to expand taxpayers, and flexible tax policies and regulations are implemented for national producers. The discussions are temporarily adjourned.
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Meet the woman bringing AI to Mongolia’s nomadic herders www.cnn.com

It might have seemed an unlikely statement for a speaker at a World Economic Forum (WEF) panel discussing the development of artificial intelligence, but Bolor-Erdene Battsengel opened her contribution by talking about her livestock. “I come from a herder community, I still own 300 sheep,” the 32-year-old former Mongolian government official said on Monday at the annual WEF meeting in Davos, Switzerland.
It was a fitting introduction to explain to the audience why she’s so passionate about her work on digital inclusion in Mongolia, a democratic country sandwiched between Russia and China, where about 30% of the 3.5 million inhabitants are nomadic herders.
Battsengel is the founder of AI Academy Asia, which aims to train 500 teachers to provide AI education to rural communities in Mongolia, and will hold its official launch event on January 27. “If we can give people access to equal education … it can create enormous impact,” she told CNN.
For decades, experts have warned of a growing digital divide between people with access to computers and the Internet, and those without. Globally, 2.2 billion children and young people don’t have access to the Internet at home. In Mongolia, about 84% of the population uses the Internet.
Almost 40% of jobs around the world could be affected by AI, according to the chief of International Monetary Fund, who also warned in a blog post last year that “AI will likely worsen overall inequality.”
Some observers are cautioning that the benefits could be skewed in favor of countries with the financial might to plow into research and development, infrastructure like computing resources, and English-speaking nations.
Battsengel worries about the impact that imbalance will have in Mongolia, where there are other social disparities.
“Schools in the countryside, they do not have computer science teachers,” she says. “We have education inequality, we have income inequality, we have gender inequality … if you add digital inequality, it will create the gap so much bigger and I think that’s so unfair to children growing up in these communities around the world.”
Equality in AI
Battsengel, who is a member of the WEF Forum of Young Global Leaders, told CNN that she has experienced firsthand the power of education. Born in a rural Mongolian community, she moved with her family to the country’s capital, Ulaanbaatar, at the age of 10.
She faced bullying for her rural roots, so she threw herself into her studies and skipped three grades, finishing high school at the age of 14. At 29, she became the first Vice Minister of Digital Development – and the youngest member of Mongolia’s government.
In that role, she spearheaded the “E-Mongolia” initiative to digitize services so people in remote areas could do things like renew their passports and file their taxes online, instead of traveling long distances to government offices.
In 2021, Battsengel founded Girls Code, a non-profit that provides coding bootcamps and mentoring to girls aged between 16 and 18 from nomadic and disadvantaged communities in Mongolia.
Girls Code has produced 120 graduates, some of whom have gone on to study at Harvard, MIT and Cambridge, created apps, and founded startups, according to Battsengel.
With AI Academy Asia, she hopes to scale up that work, extending its reach to more people, including boys, so they can leverage AI in their work and studies.
That could be vital as the technology upends the way people across the world work and live. Trends such as technological change and demographic shifts are expected to generate 78 million new jobs by 2030, with some of the fastest growth in technology, data, and AI, according to the World Economic Forum Future of Jobs report 2025.
But making sure that the benefits of AI are shared equally requires tailoring national AI strategies to local challenges, according to “Blueprint for Intelligent Economies,” a report launched by WEF at Davos, in collaboration with KPMG.
AI Academy Asia has developed curriculums to teach herders practical skills, says Battsengel. Last winter, a weather phenomenon called “dzud” that causes extreme winter conditions, killed millions of cattle, sheep, yaks, horses and goats in Mongolia – threatening the livelihoods of its herders.
By learning how to leverage AI to predict weather and manage the health of their livestock, herders might be better able to withstand future dzuds, she says.
Battsengel adds: “I really hope that they use the knowledge (of AI), even in the countryside, to really improve their quality of life.”
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Mongolia to Implement Project for Improving Peatland Ecosytems www.montsame.mn

The “Managing Peatlands of Mongolia, Improving the Adaptivity of Pasture Ecosystems and Nomadic Livelihoods” project will be implemented in the peatland areas of Khuvsgul, Arkhangai, Bulgan, and Khentii aimags.
Through this project, 1,000 hectares of peatlands will be restored and 1,000 hectares of land will be improved using sustainable management practices. This is expected to increase carbon absorption while also preventing the emission of 594,000 tons of carbon dioxide over the next 20 years. The Ministry of Environment and Tourism reported that at least 14,000 people will directly benefit from the outcomes of the project.
The Climate Change Research and Cooperation Center of Mongolia, which is overseeing the project, aims at enhancing peatland ecosystem services in Mongolia. In particular, it seeks to reduce greenhouse gas emissions from degraded peatlands, curb land degradation, strengthen the capacity of the local reindeer herders, improve ecosystem services, and bolster the population’s ability to adapt to climate change.
Peatlands in Mongolia are critically important ecosystems for carbon absorption, water purification, and biodiversity conservation. Unfortunately, due to climate change, the improper use of natural resources, and overgrazing, these wetlands have deteriorated, leading to increased greenhouse gas emissions and reduced ecosystem services.
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