1 MONGOLIA’S SOE DEBT DOUBLES TO ₮11 TRILLION SINCE 2023 WWW.INSIDEMONGOLIA.MN PUBLISHED:2026/04/06      2 FOREIGN EXCHANGE RESERVES REACH USD 7.2 BILLION WWW.GOGO.MN PUBLISHED:2026/04/06      3 ASIA’S EVOLUTION: HOW MONGOLIA BECAME A DUMPING GROUND FOR JAPAN’S HYBRID ELECTRIC VEHICLES WWW.CHANNELNEWSASIA.COM PUBLISHED:2026/04/06      4 MONGOLIA, REPUBLIC OF KOREA AND AUSTRALIA DOMINATE ON DAY 4 OF FIBA 3X3 ASIA CUP 2026 WWW.FIBA.BASKETBALL PUBLISHED:2026/04/05      5 PRIME MINISTER UCHRAL APPOINTS NEW CABINET MEMBERS WWW.MONTSAME.MN PUBLISHED:2026/04/05      6 ULAANBAATAR TO PROVIDE FREE LPG HEATING SYSTEMS TO INSULATED HOUSEHOLDS WWW.MONTSAME.MN PUBLISHED:2026/04/05      7 PARLIAMENT ELECTS BYAMBATSOGT AS SPEAKER WWW.MONTSAME.MN PUBLISHED:2026/04/05      8 PENSION RESERVE FUND ASSETS INCREASE BY MNT 2.7 BILLION WWW.MONTSAME.MN PUBLISHED:2026/04/03      9 TENDER FOR ‘FIRST RING PROJECT’ CONTRACTOR ANNOUNCED WWW.MONTSAME.MN PUBLISHED:2026/04/03      10 GROUNDWATER EXPLORATION TO BE CONDUCTED AT 25 LOCATIONS IN DORNOGOBI AIMAG WWW.MONTSAME.MN PUBLISHED:2026/04/03      ЗАСГИЙН ГАЗРЫН ЭХНИЙ ШИЙДВЭР ХААСАН 12100 ДАНСЫГ НЭЭЛЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/04/06     УЛААНБААТАР ХОТ СҮҮЛИЙН 5 ЖИЛД 8.5 ТЭРБУМ АМ.ДОЛЛАРЫГ ТҮГЖРЭЛД АЛДЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/04/06     ОРОН НУТАГТ ДИЗЕЛЬ ТҮЛШНИЙ ҮНЭ 4500 ТӨГРӨГТ ХҮРЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/04/06     МОНГОЛБАНК III САРД 949.5 КГ ҮНЭТ МЕТАЛЛ ХУДАЛДАН АВЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/04/05     ЦӨЛЖИЛТТЭЙ ТЭМЦЭХ НҮБ-ЫН COP17 ХУРЛЫН БЭЛТГЭЛ АЖИЛ ТӨЛӨВЛӨГӨӨНИЙ ДАГУУ ҮРГЭЛЖИЛЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/04/05     ДИЗЕЛЬ ТҮЛШ САР ХҮРЭХГҮЙН НӨӨЦТЭЙ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2026/04/05     УИХ-ЫН 15 ДАХЬ ДАРГААР С.БЯМБАЦОГТЫГ СОНГОЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2026/04/05     “ОЮУ ТОЛГОЙ” КОМПАНИАС УСТАЙ ХОЛБООТОЙ МЭДЭЭЛЭЛД ХҮРГҮҮЛЖ БУЙ ТАЙЛБАР, ТОДРУУЛГА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/04/03     ГАДААД ВАЛЮТЫН НӨӨЦ 7.2 ТЭРБУМ АМ.ДОЛЛАРТ ХҮРЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/04/03     ОНЦГОЙ АЛБАН ТАТВАРЫН ТУХАЙ ХУУЛЬД ӨӨРЧЛӨЛТ ОРУУЛАХ ТУХАЙ ХУУЛИЙН ТӨСЛИЙГ АНХНЫ ХЭЛЭЛЦҮҮЛЭГТ ШИЛЖҮҮЛЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/04/03    
Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

Events

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

NEWS

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Damage to TPP-4’s eighth boiler repaired www.gogo.mn

After a temporary malfunction that cut generation, the eighth boiler at TPP-4 has been repaired and the plant has returned to full operation, officials said.
A fault affecting TPP-4’s eighth boiler, combined with coal freezing on the feeder side at the Buuruljuut power plant, previously reduced generation capacity, reportedly dropping output from 300 MW to 120 MW and prompting two days of electricity restrictions in Ulaanbaatar.
As of January 21, 2026, the repair work on the eighth boiler was completed and TPP-4 is now operating at its rated capacity of 670 MW. All turbines and generators are running at full output, authorities said.
Officials warned the public that the plant has limited backup equipment and that any new damage to the aging facility could again force supply restrictions. The eighth boiler’s repair had originally been scheduled for summer 2026.

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Business & Heritage program in Pakistan March 30- April 05. 2026 www.mongolianbusinessdatabase.com

The Honorary Consul of Pakistan in Mongolia, in collaboration with the "Colours of Pakistan"  (www.coloursofpakistan.org), is currently registering Mongolian business and religious representatives for a specialized program in Pakistan from March 30 to April 5, 2026. This initiative is supported by the Embassy of Pakistan, Ms. A. Bolormaa (World Bank's Country Director for Pakistan), and Senator Mr.Mushahid Hussain.
Business Focus: A central event is the "Pakistan-Mongolia B2B Business Forum," designed to foster direct trade and investment links.
Cultural Significance: Participants will visit Gandhara heritage sites, which are historically recognized as the foundation of the Nyingma (Red Sect) school of Buddhism in Mongolia.
The registration will close on 15 February 2026. Please contact at 99066062 or/and contact@mongolianbusinessdatabase.com for the information in details.

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General Government Revenue and Grants Increase by MNT 1.2 Trillion www.montsame.mn

According to the preliminary results for 2025, general government revenue and grants reached MNT 32.6 trillion, an increase of 3.8 percent, or MNT 1.2 trillion, compared to the previous year. Balanced revenue and grants amounted to MNT 30.1 trillion, rising by 1.3 percent, or MNT 386.8 billion, year on year.
Meanwhile, total expenditure and net lending amounted to MNT 31.3 trillion last year, resulting in a balanced budget deficit of MNT 1.2 trillion, the National Statistics Office reported.
Tax revenue declined by 1.2 percent, or MNT 331.5 billion, to MNT 27.1 trillion in 2025. This decrease was mainly attributable to a 4.8 percent reduction in income tax revenue, equivalent to MNT 431.5 billion, and a 33.6 percent decline in royalties on mineral resources, amounting to MNT 1.2 trillion.
In contrast, social insurance revenue increased by 18.9 percent, or MNT 892.3 billion; value-added tax (VAT) revenue rose by 6.1 percent, or MNT 357.6 billion; property tax revenue grew by 32.3 percent, or MNT 148.3 billion; and revenue from foreign activities increased by 3.2 percent, or MNT 57.0 billion.
Last year, tax revenue consisted of 31.5 percent income taxes, 23.0 percent VAT, 20.8 percent social insurance contributions, 6.8 percent revenue from foreign activities, 3.5 percent excise taxes, and 14.4 percent other taxes, fees, and charges.
Of total income tax revenue, 66.3 percent was generated from corporate income tax, while 33.7 percent (including refunds) came from personal income tax.
General government expenditure and net lending reached MNT 31.3 trillion in 2025, marking a 2.3 percent increase, or MNT 698.1 billion, compared to the previous year. This was driven by a 5.3 percent rise in goods and services expenditure, equivalent to MNT 510.7 billion, and a 12.8 percent increase in current transfers, amounting to MNT 1.3 trillion. In the overall expenditure structure, current transfers accounted for 37.6 percent, goods and services for 32.2 percent, capital expenditure for 22.7 percent, interest payments for 5.0 percent, and subsidies for 2.6 percent.
Capital expenditure totaled MNT 7.1 trillion last year, down 11.0 percent, or MNT 880.3 billion, from the previous year. This decrease reflected a 26.0 percent reduction in equipment expenditure, or MNT 208.9 billion; a 3.2 percent decline in construction expenditure, or MNT 171.0 billion; and a 37.8 percent drop in other capital expenditures, equivalent to MNT 561.7 billion. In contrast, expenditure on major repairs increased by MNT 67.5 billion, or 21.4 percent.
Local government revenue reached MNT 7.6 trillion in 2025, up 7.2 percent, or MNT 516.1 billion, year on year. Total expenditure and net lending of local governments amounted to MNT 8.2 trillion, an increase of 12.5 percent, or MNT 905.5 billion. As a result, local budgets recorded a deficit of MNT 526.1 billion.

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Mongolia's industrial output increases 4.8 pct in 2025 www.xinhuanet.com

Mongolia's industrial output totaled 52.9 trillion Mongolian tugriks (14.8 billion U.S. dollars) in 2025, a 4.8 percent increase year-on-year, the country's National Statistics Office (NSO) said Wednesday.
This rise was mainly attributed to a significant increase in the output of main mining and extractive products and processing industry, the NSO said in a statement.
At present, the mining sector remains one of the main pillars of the Mongolian economy, as the country is rich in natural resources such as gold, silver, copper and coal.
Mining commodities, such as coal, copper and iron ore, constituted 99.2 percent of Mongolia's total exports in 2025, the data showed.

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CHP-4 Boiler Damage Triggers Temporary Power Restrictions www.montsame.mn

A malfunction occurred at Thermal Power Plant No. 4 (TPP-4) in Ulaanbaatar on January 20, 2026, resulting in temporary restrictions on electricity supply to consumers. According to Minister of Energy Choijilsuren Battogtokh repairs to the plant’s boiler have been completed, and 100 MW of capacity was restored in the morning. The plant is expected to return to normal operating conditions within the day.
The Minister noted that temporary power restrictions cannot be ruled out when equipment malfunctions occur at power plants.
Due to a shortage of electricity capacity, Ulaanbaatar Electricity Distribution Network SOE implemented scheduled power restrictions across districts yesterday. The Ministry of Energy reported that while TPP-4 was operating at full capacity without backup equipment, damage occurred to the boiler’s heating surface, forcing the plant to shut down and leading to restrictions on 161 MW of electricity consumption. As a result, the National Dispatching Center limited power supply for up to 1.5 hours in certain locations and urged consumers to adjust their electricity use accordingly.
In addition, coal being fed into the boiler at the Booroljuut Power Plant froze and caused a blockage on the evening of January 20, which reduced output by 120 MW, prompting wider power restrictions. Consequently, electricity consumption was temporarily limited for 371,174 households and 46,691 business entities, affecting a total of 417,865 consumers.
For the 2025–2026 winter season, the projected peak load of the Central Regional Integrated Power Grid is estimated at 1,800 MW, while actual demand reached 1,803 MW two days ago. Heat sources supplying Ulaanbaatar’s centralized heating system were planned to operate at a total load of 2,019 Gcal per hour; however, as of yesterday, they were operating at 2,055 Gcal per hour.
As of January 20, thermal power plants had an average coal reserve sufficient for 10 days, totaling 408,000 tons, while fuel oil reserves stood at 3,023 tons.
Minister Choijilsuren further stated that Mongolia imports up to 300 MW of electricity from the Russian Federation. However, due to extreme cold reaching minus 50 degrees Celsius in some areas of Russia, supply constraints may occur, though efforts will be made to resolve the issue. He added that since 2024, Mongolia has commissioned electricity generation sources totaling 560 MW, but this remains insufficient to meet demand, which is growing by approximately 12 percent annually. The commissioning of an additional 600 MW of capacity by 2027 would make it possible to fully meet Ulaanbaatar’s electricity demand, the Minister said.

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Tugrug Deposits Rise by MNT 4 Trillion www.montsame.mn

Tugrug deposits reached MNT 26 trillion at the end of December last year, increasing by 18.3 percent, or MNT 4 trillion, year-on-year, and by 5.5 percent, or MNT 1.4 trillion, compared to the previous month.
The National Statistics Office reported that 82.8 percent of tugrug deposits, or MNT 21.6 trillion, belonged to individuals, while 17.2 percent, or MNT 4.5 trillion, were deposits of enterprises and organizations.
Meanwhile, foreign currency deposits reached MNT 5.6 trillion, increasing by 16 percent, or MNT 776.3 billion, year-on-year, and by 4.1 percent, or MNT 222.2 billion, compared to the previous month.

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‘Billions of Trees’: Mongolia’s national movement hits 127.9 mln trees www.qazinform.com

The National Climate Committee, led by Deputy Prime Minister of Mongolia Gankhuyag Khassuuri, held a meeting. Those present reviewed and approved the work plan for 2026, Qazinform News Agency cites MONTSAME.
They focused on the Committee’s action plan for 2026 and efforts aimed at strengthening intersectoral coordination under Mongolia’s climate change national policy, and summed up the policies and activities carried out in 2024–2025.
According to reports, 127.9 million trees, or 8.32 percent, have been planted so far under the ‘Billions of Trees’ national movement. The initiative aims to plant 1.5 billion trees in total.
In addition, Khuvsgul, Zavkhan, and Dornod aimags completed forest management planning across 5.1 million hectares.
387,100 hectares in 75 soums of 13 aimags and the green zones of Ulaanbaatar with 1.3 billion trees were treated to prevent the spread of forest pests.
Besides, 165,000 trees were planted on 100 hectares in Arkhangai, Gobisumber, Uvurkhangai, and Khentii aimags as protective belts. To reduce desertification, land degradation, and sand movement, 264,000 trees were planted across 160 hectares in the Gobi and steppe regions.
Following the meeting, the National Climate Committee’s 2026 action plan was approved. Deputy Prime Minister of Mongolia Gankhuyag Khassuuri tasked the Committee to hold meetings regularly at least twice a year. He also assigned to submit the report on the development of the plan to the relevant authorities by December 15, 2026.
As written before, over 4,500 trees and shrubs to be planted in Mongolia ahead of COP17.

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Overnight temperature plunges to minus 45.2 degrees Celsius in northern Mongolia www.xinhuanet.com

Overnight temperatures plummeted to minus 45.2 degrees Celsius in Eruu soum, an administrative subdivision of the northern Mongolian province of Selenge, from Tuesday to Wednesday, according to the country's weather monitoring agency.
This marks the coldest temperature registered in Mongolia so far this winter, the National Agency for Meteorology and Environmental Monitoring said in a statement on Wednesday.
Since last week, cold air mass originating in Siberia, Russia, has been sweeping across large parts of Mongolia, causing temperature drops.
The cold wave is expected to continue until Saturday, the agency said, urging the public, especially nomadic herders and drivers, to take extra precautions against possible disasters.
Mongolia's harsh and cold winter lasts for quite a long time. Temperature can range between minus 25 degrees Celsius and 45 degrees Celsius.

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Russia pledges uninterrupted fuel supplies to Mongolia for 2026 www.gogo.mn

G.Damdinnyam, Mongolia’s Minister of Industry and Mineral Resources, held a high-level meeting in Moscow with Russian Minister of Energy Sergei Tsivilev and First Deputy Minister of Energy Pavel Sorokin to secure long-term stability for Mongolia’s energy needs.
The primary focus of the talks was resolving recent supply fluctuations and ensuring a consistent flow of petroleum products throughout 2026. Minister G.Damdinnyam expressed formal gratitude to the Russian Ministry of Energy for its critical support in stabilizing the Mongolian fuel market following shortages experienced in recent months.
Minister Tsivilev said the two countries will fully implement their obligations under the existing intergovernmental agreement on continued, stable petroleum deliveries and pledged full support for cooperation in this area.

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Malaysia wins appeal in lawsuit by family of murdered Mongolian woman Altantuya www.bloomberg.com

The family of model Altantuya Shaariibuu, who was murdered in 2006 by two bodyguards assigned to protect officials including former Malaysian premier Najib Razak, lost their bid for damages from the Malaysian government after a court on Jan 20 upheld its appeal. 
The Court of Appeal accepted a petition from the government to overturn the family’s victory in a civil lawsuit first brought more than 18 years ago, Justice Muniandy Kannyappan said on Jan 20 via video conference. 
The decision means a lawsuit that began in the aftermath of the Mongolian woman’s brutal killing may go all the way to Malaysia’s highest court.
Ms Sangeet Kaur Deo, the lawyer representing Ms Altantuya’s relatives, said the family intends to appeal to the Federal Court.
“I am not here to go after a sum of money,” Ms Altantuya’s father Shaariibuu Setev said in Kuala Lumpur. “I am just a person looking for justice for the past 20 years. I am looking for a sincere apology.”
The three-member bench of judges rejected an appeal from Ms Altantuya’s former lover, Mr Abdul Razak Baginda, ordering him to pay more than RM1.38 million (S$438,300) in damages to the family.  
Mr Abdul Razak, a former adviser to Najib, did not respond to a request for comment on whether he will appeal the court decision.
In October 2006, Ms Altantuya was abducted outside Mr Abdul Razak’s home and taken to a forest outside Kuala Lumpur where, court records show, she was shot twice in the head and blown up with explosives.
Mr Abdul Razak helped broker Malaysia’s 2002 purchase of submarines from a French state-owned company. Najib was defence minister then, and the deal is now being investigated for corruption in Malaysia and France.
Two secret-service policemen, Azilah Hadri and Sirul Azhar Umar, who were part of a bodyguard detail for Najib and other senior Malaysian leaders, were convicted of her murder, but a motive was never established.
Mr Abdul Razak, who denies involvement, was charged with abetting the murder. He was later acquitted and the prosecution did not appeal at the time.  
Both Azilah and Sirul were sentenced to death.
Sirul fled to Australia, which will not extradite him because Malaysia retains capital punishment.
Azilah remains in prison in Malaysia, and his sentence was changed to 40 years after the government abolished the mandatory death penalty in 2023. Azilah used an earlier sworn affidavit to support his application for life imprisonment, in which he alleged Najib gave the order for the killing.
Najib has consistently denied any role in Ms Altantuya’s death. He was never charged, and has not been linked to the crime by any court finding.
In 2022, the government, Mr Abdul Razak and the two former secret-service policemen were found jointly liable for Ms Altantuya’s murder.
The family applied to the court for the judgment to be enforced because the parties have not paid damages yet.
In 2025, a judge ordered both the government and Mr Abdul Razak to pay RM4.7 million each in damages and deposit the funds until their appeals were heard. 
This latest ruling on Jan 20 means the family’s claim against the government has been dismissed and Mr Abdul Razak has to pay less in damages. 
Najib is in prison in Malaysia after being convicted of criminal breach of trust, abuse of power and money laundering in relation to 1MDB, the fund that became the centre of a multibillion dollar scandal which spawned probes across continents.
His sentence was halved to six years in 2024. 
In December 2025, Najib was sentenced to 15 years and fined RM11.4 billion on additional 1MDB charges. He has denied any wrongdoing.
In October, a Malaysian court gave Ms Altantuya’s father, Dr Shaariibuu Setev, permission to pursue a judicial review to compel the Malaysian authorities to investigate the contents of Azilah’s affidavit.
The case is ongoing. 
“I want to hear from Azilah on who gave the order” to kill Altantuya, Mr Shaariibuu said. “I am hopeful (about getting) an answer on that.”

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