Mongolia's July coal exports rebound 7% MoM www.mysteel.com

Mongolia's exports of coal and lignite in July rose by 7.2% from June to total 6.54 million tonnes, snapping the declines recorded during the previous three months, Mysteel Global calculated based on data from Mongolia's Customs General Administration.
All of Mongolia's coal and lignite exports in July were delivered to China, the Mongolian Customs statistics showed.     Within the total, imports pf anthracite, bituminous coal – mainly coking coal used for steelmaking – and other coal reached 6.27 million tonnes, climbing 9% on month.

Border guards actively participating in conservation www.mongolia.panda.org

WWF-Mongolia has been implementing the 'Border Green Zone' initiative since 2021. As part of the initiative, targeted awareness activities are being organized annually. 
According to the Law on Border, a green zone is an area designated up to 15 kilometers from the state border line, regulated under special provisions. The primary objective of this designation is to protect the region’s biodiversity through coordinated efforts with the military frontier units stationed in these areas. Therefore, building environmental awareness and understanding of biodiversity among border personnel is a crucial component of this initiative. As part of this initiative, WWF-Mongolia, in collaboration with the border unit in Dadal soum, Khentii province, successfully implemented the “Value of green zone in the border area” event. This year’s event was particularly noteworthy. It concluded a themed competition “Border Guards – Nature Protector,” which was aimed at engaging border soldiers in conservation efforts. The event also promoted the importance of Protected Areas.
During the month-long campaign, border troops carried out a variety of conservation activities. For example, each border post of the participating unit adopted a conservation value. In addition, every unit actively participated in tree planting. Patroling and inspections were also conducted along the border to prevent violations and environmental crimes. 
Collaboration is essential in conservation work. The border troops have expanded the network of volunteer rangers and helped involve locals  in conservation activities. During the awareness campaign, a photo exhibition was organized to showcase the value of the “Border Green Zone.” Short videos created by the border guards were also presented to the public. 
Participants emphasized that the growing enthusiasm and initiative of border guards in conservation efforts year after year is a direct result of the “Border Green Zone” initiative.

“Chinggis Khan Mission”: Thai corporations forge new partnerships in Mongolia www.nationthailand.com

Leading Thai companies are exploring partnerships in healthcare, wellness, and tourism with Mongolia, marking 51 years of diplomatic relations.
On August 1–2, 2025, leading Thai corporations travelled to Mongolia to strengthen economic cooperation in healthcare, wellness, and tourism, marking the 51st anniversary of diplomatic relations between the two nations.
Organized by the Thai Cultural Council in Mongolia (tccmthai.org), the 17th overseas Thai Cultural Council under Thailand’s Ministry of Culture, in partnership with the Mongolia Honorary Consul in Phuket and Phang-nga, and the Thai Honorary Consul in Mongolia, the event brought together prominent Thai companies, including Bumrungrad International Hospital, Bangkok Hospital (BDMS), MEDEZE Group (Public) Co., Ltd., Bangkok Aviation Fuel Services (Public) Co., Ltd., Star Money (Public) Co., Ltd., Nextgoal Business and Consultant Co., Ltd., and VST ECS (Thailand) Co., Ltd.
The Thai delegation presented investment opportunities and explored collaborations during Thai Fair 2025 and business matching sessions held at Sukhbaatar Square and the Blue Sky Hotel in Ulaanbaatar.
A First Step with Remarkable Results
Nattapong Punthakeirtpaisarn, Mongolia Honorary Consul of Phuket and Phang-nga, called the event “the first jointly organised initiative between the Thai and Mongolian private sectors” and noted its immediate impact—some Thai corporations received strong interest from Mongolian partners for future collaboration.
The delegation was warmly welcomed by Delgersaikhan Borkhuu, Mongolia’s Minister of Roads and Transport Development, who discussed investment opportunities, including airport expansion and the potential for year-round direct flights between Thailand and Mongolia. These proposals will be presented to the Thai government for consideration and review.
Bumrungrad International Hospital showcased its internationally acclaimed medical services, advanced treatments, and cutting-edge diagnostic technology. The hospital collaborates closely with local partners, including Khulan Tserennyam and UB Songdo Hospital, to establish trust in the Mongolian market and enhance cross-border medical care.
Bangkok Hospital, represented by Benjamas Sittiwongvanich and Shirong Guan, outlined its extensive healthcare offerings—from specialised treatments to wellness and aesthetic services. The hospital also promoted its partnership with MIAT Mongolian Airlines, offering passengers special discounts at Bangkok Hospital Phuket and BDMS Wellness Clinic.
MEDEZE Group, led by CEO Dr Veerapol Khemarangsan, presented research on stem cell and NK cell applications in anti-ageing, alternative medicine, and cancer treatment. The presentation led to an immediate invitation to collaborate with a private hospital in Mongolia.
Tourism and Wellness Opportunities
Next Goal Marketing and Business Consultant Co., Ltd., represented by Sumaytinee Wongrungroj, introduced M Gallery MontAzure, a beachfront real estate project in Phuket, along with integrated health and wellness tourism services. These packages cater to Mongolian visitors seeking both medical treatment and leisure experiences in Thailand.
N2A Longevity Partner, led by Arunee Thiemhong, expressed enthusiasm for building a wellness tourism network in Mongolia and praised the warm reception from local businesses.
Mongolian Perspectives
Dr Otgonbayar Maidar of Endogen Medical Hospital stated that this partnership would significantly improve Mongolian healthcare through patient referrals and knowledge exchange, ultimately benefiting both economies.
Looking Ahead
Encouraged by the event’s success, Nattapong confirmed plans for a return mission in September 2026 with an expanded range of industries and cultural activities.
“This is just the first phase of the ‘Chinggis Khan Mission’,” he said. “We have many more initiatives to pursue to achieve tangible benefits for both nations.”

Early Childhood Development Center to be opened in Mongolia with support of UNICEF and UK Embassy www.akipress.com

UNICEF and the British Embassy in Mongolia have signed a partnership agreement to launch the "Growing Up Green" project - a climate-smart Early Childhood Development Center in Orkhon province, Montsame reported.
The project will renovate an existing public building in Bayan-Ondor district, transforming it into a coal-free, energy-efficient, and child-friendly environment. Once operational, the center will provide healthcare, nutrition, early childhood education, and parental support services for over 500 children aged under five.
The project is being implemented with co-funding from the Foreign, Commonwealth and Development Office (FCDO) of the United Kingdom and the Governor's Office of Orkhon province.
"This partnership brings together two of Mongolia's most pressing priorities: climate action and early childhood development. By phasing out coal and transitioning to renewable energy, we are safeguarding children's health and ensuring a greener future for them," UNICEF Representative in Mongolia Evariste Kouassi-Komlan said.
"The United Kingdom has long supported Mongolia's efforts to achieve a greener future and inclusive development. That's why we’re proud to support this initiative that promotes local development. We remain committed to cooperating with international partners to protect the environment, support child development, and build a future where every child can thrive in a healthy and safe environment," British Ambassador to Mongolia Fiona Blyth highlighted.
The project will reduce heat loss at the ECD Center by installing a solar-powered heating system, an indoor air-conditioning system, and creating an outdoor landscape area. In addition, the center plans to offer training programs for parents and caregivers on parenting, nutrition, health, and sustainable living.
The initiative, aligned with Mongolia's National Early Childhood Development Program and the goals of the Paris Agreement, will serve as a pilot project to demonstrate the feasibility of integrating renewable energy into local infrastructure. Over the next five years, the model will be scaled across the country, eliminate coal use in public buildings, and strengthen local climate change resilience.
The project is scheduled to begin in August 2025 and end in March 2026.

Cabinet Considers Loan Agreement Draft for National Cardiovascular Center Project www.montsame.mn

Mongolia changes direction to ban all forms of gambling www.sbcnews.co.uk

The Great Khural of Mongolia has voted on legislative amendments that will prohibit all activities related to paid predictions, sports betting, and online gambling.
Announced by the Great Khural’s press service, Mongolian legislators have reviewed and approved amendments to the country’s Law on Licensing in March which clamp down on both online and retail betting. 
Montsame, the state news agency of Mongolia, also reports that predictions have been banned as well. Mongolians have also been banned from using payment accounts, electronic money, virtual assets, communication networks or electronic IDs to organise betting, gambling, or predictions.
Anyone who organises online or in-person betting or gambling will be considered breaking the law under Mongolia’s criminal code and could be subject to fines, community service, travel restrictions or imprisonment.
This marks a further shrinking of legal gaming activities in Mongolia, which already has quite strict laws around gambling – something that is not that uncommon in East Asia with most countries’ possessing frameworks that are far cry from the liberal standards seen in markets like the UK, Ireland or France, for example.
Mongolia has had legal sports betting markets for some time, as well as legal lotteries, but both physical and online casinos are illegal. According to Montsame, legislators have now put betting in this bracket.
Choosing prohibition, Mongolia take a markedly different approach to gambling regulation. In the run-up to March 2025, the government signalled support for a launching a  tightly regulated licensing regime for sports betting, while maintaining a blanket ban on all other gambling activities
The country’s strict standards on gambling are well-known to most stakeholders, however, with the likes of Meta being aware enough to include Mongolia on a list of countries where gambling ads cannot be displayed on its social media platforms like Facebook.
The sweeping prohibitions in Mongolia’s gambling laws coincide with the arrival of new leadership under Prime Minister Zandanshatar Gombojav. While the People’s Party leader has not publicly addressed the reforms, he has emphasised his commitment to tackling money laundering, financial crime, and the outflow of national capital.
A stumbling block for Asian gaming
In the grand scheme of things, further restrictions on betting in Mongolia will not come as much of a shock to many gambling PLCs during H1 results season due to the market being relatively untargeted.
It may come as a blow to some stakeholders hoping to see a wave of liberalisation across Asian markets, however. Some, like Sportradar, expect regulatory transitions across the Asia-Pacific region in 2025 which will present opportunities for betting and iGaming firms.
Thailand has been mulling up launching casinos to further bolster its tourism sector, the UAE has launched a gambling regulator for similar reasons, and the South Korean esports industry is calling for another look at betting regulation in the country, for example.
The recent developments in Mongolia show that these trends are not universal, however, as do the recent calls for a ban on online gaming in India while the country’s eighth largest state, Karnataka, is moving to ban online betting.
Predictions included
The inclusion of prediction markets in this legislative move, according to the state news agency, is also interesting. 
Mongolian authorities have clearly paid attention to the growth of prediction markets like Polymarket, which has found success globally and has just marked its return to the US, where Kalshi has established itself as the prediction market leader.
The popularity of prediction markets in the US has prompted a debate as to whether these companies’ products can be considered a form of gambling or not. This debate has quieted down at the federal level, but Kalshi is still finding itself at odds with several state regulators.
Meanwhile, countries in Europe and Asia like Belgium and Singapore have also decided against prediction markets, with both nations declaring Polymarket an illegal gambling website. Mongolia seems to be taking a similar approach to prediction markets.

State Great Khural Endorses Credit Ratings to Improve Citizens’ Financial Planning www.montsame.mn

Although borrower information is centralized in a database under the current legislation of the Law on Credit Information of Mongolia, the utilization of the information or the approval of scoring methodologies by the authority has not been regulated.
Therefore, the Law on Amendments to the Law on Credit Information introduces new regulations, including the determination of borrower creditworthiness, the setting of product and service fees, the use of credit information exclusively for assessing creditworthiness, and the prohibition of using such information for purposes not specified in the law.
With the adoption of the Law, citizens will be encouraged to develop a culture of understanding their credit scores and making timely payments to improve them. This will help individuals plan their business finances more effectively, enhance financial discipline, correct any inaccuracies in the credit database, and prevent other risky financial behaviors.
The credit information database contains data on loans and payment obligations of government and private sector organizations, citizens, and enterprises. The data is supplied from 12 banks, 436 non-bank financial institutions, telecommunications companies, ministry and agency-managed funds, and savings and credit cooperatives. According to the Media and Public Relations Department of the State Great Khural (Parliament) of Mongolia, the database stores loan information of 1.6 million citizens and 19,600 enterprises as of this year.

MNT 14.1 billion to be spent on milk supply incentives www.gogo.mn

A public debate on the 2026 budget draft for the food and agriculture sector was held on August 11.
Agricultural land makes up 73% of Mongolia’s territory, but only 1 percent, about 700,000 hectares, is cultivated. The food, agriculture, and light industry sector contributes 35.6% of GDP and 6.5% of export revenue. 
According to the State Secretary of the Ministry of Food, Agriculture, and Light Industry T.Jambaltseren, the Ministry has allocated MNT 99.6 billion in the 2026 budget for implementing the national food program. Of this, 84.5% will go toward interest discounts on loans issued in 2023–2025, while MNT 14.1 billion is designated for subsidies.
The subsidies will include a cash bonus for each liter of liquid milk supplied during the winter to meet the food needs of Ulaanbaatar and other central areas.

ICFG Limited Expands into Mongolian Life Insurance Market with Strategic Partnership www.tipranks.com

Fintech Asia Limited ( ICFG +2.86% ▲ ) has issued an update.
ICFG Limited’s Mongolian subsidiary, Connect Life LLC, has received a specialized life insurance license from the Financial Regulatory Commission of Mongolia, enabling it to offer a wide range of life insurance and annuity products. The company has also entered a strategic partnership with Mobicom Corporation to launch digital life insurance products under the ‘Mobilife’ brand, aiming to broaden consumer access and support the growth of Mongolia’s insurance sector.

Jade Gas Achieves First Gas Flow at Red Lake Production Well in Mongolia www.tradingview.com

Jade Gas Holdings JGH  has delivered gas to surface from its first horizontal production well at the Tavantolgoi coal bed methane (CBM) project in Mongolia. The breakthrough marks the country’s first production well gas flow and a critical proof-of-concept milestone for the Red Lake Field. It also advances the company’s field development plan and positions Jade to progress commercialisation initiatives. De-Risks Commercial Development Well RL-Hz-001 was brought online on 9 June 2025, with a carefully managed dewatering process over 56 days to protect the well bore and encourage stable gas release. Gas pressure developed in the casing in early August, with the company using initial flaring to reduce bottom-hole pressure and support ongoing dewatering. Jade’s integrated drilling partner DWK applied experience from similar wells in China’s Qinshui Basin, where geological conditions mirror Red Lake. The company said this operational success confirms the ability to extract commercial quantities of gas from the coal seams, and underpins Jade’s final Plan for Development and Operations (PDO) once it has confirmed the sustained rates of production. Scalable LNG Operation Jade believes the Red Lake field can support a large-scale LNG project to supply both Mongolian and export markets. Non-executive director Dr Ian Wang said Jade plans to replicate the proven well design across the field to deliver a long-term gas supply, adding that gas flow data from the first two wells would also enable a reserve booking and regulatory clearance for the PDO. “This milestone now sets our pathway for Jade to become a significant gas operator in Mongolia, and with demand growing in large customer markets on our doorstep, we are building that momentum at the right time,” he added. The company expects a second horizontal production well to flow gas shortly, providing further validation of the development model, while commercial studies are already considering staged development to optimise production while keeping upfront capital costs low. Next Steps and Commercial Pathway Gas flow rate measurement and reservoir evaluation will continue at RL-Hz-001 to build a complete performance profile. Once both wells have confirmed flow data, the PDO will be completed to detail the scale, schedule and capital requirements for field build-out. Parallel initiatives include discussions with potential partners to accelerate early production, project debt financing options and a planned dual listing on the Hong Kong Stock Exchange Jade said is intended to capture growing regional demand for cleaner energy and to fast-track cash flow generation. The company is also advancing its broader CBM portfolio, including the Baruun Naran joint venture with Mongolia Mining Corporation and the Shivee Gobi and Eastern Gobi permits. Mongolia’s Energy Transition Jade’s strategy aims to replace Mongolia’s reliance on imported gas and diesel with domestically produced CBM, and sees long-term opportunities to supply compressed or liquefied natural gas to heavy transport and power generation markets. The company believes successful development would improve national energy security, reduce emissions and deliver health benefits through improved air quality. Jade also noted the Red Lake project’s strategic location in the South Gobi, close to infrastructure and key industrial centres. The company sees timely execution of its PDO aligning the project’s first production with forecast increases in domestic and regional energy demand.