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    

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

NEWS

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Petro Matad plans Mongolian oil in 2022 www.pemedianetwork.com

Production from the Heron field could peak at 9,000bl/d and feed both exports and the domestic market
AIM-listed independent Petro Matad expects to produce first oil from its Heron-1 well in Mongolia in mid-2022, the firm’s CEO Mike Buck says. The Heron field’s initial output is forecast to be just c.500bl/d. But production is expected to rise to around 6,000bl/d by 2024—roughly when a government refinery is expected to enter service—and to later peak at potentially 9,000bl/d. Covid-19 and the resulting strict Chinese border restrictions made it hard to operate in 2020-21, Buck says, but Petro Matad is now in advanced discussions with service providers to bring Heron-1 into production. The contractors are confident they can fit in the necessary work, despite a backlog of drilling and others..
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A cross-cultural Christmas in Mongolia www.peacecorps.gov

It was a beautiful, cold, and cloudless day in Mongolia, the “land of blue skies” — a place that had been my home for a little over a year. I swung open the door of my ger (yurt) and breathed in, filling my lungs with cold air. I was craving doenjang jjigae, a Korean soup with vegetables and tofu — one of my favorite Korean foods and one I missed during my time as a Peace Corps Volunteer in Mongolia.
The cold wind nipped at my cheeks as I hurried to get ready for the day. It was Christmas, the second one I was celebrating in Mongolia. I felt homesick and longed to see my family and spend the holiday with them. Our Christmas usually included a huge home-cooked Korean meal complete with barbecued meats, banchan (traditional side dishes), and lots of family time. Instead of all that, I grabbed a piece of arrul, a popular Mongolian snack of dried curds. My mouth puckered with the slightly sour taste as I headed to school.
At school, my students greeted me, wishing me a merry Christmas. For them, it was just another December day, but they knew it was a special day for me because I’d shared Christmas traditions with them the year before. I smiled as I greeted them in English. The presence of my students and the community comforted me. They had accepted me so quickly the previous summer when I started my service as an English teacher.
That Christmas afternoon, as I finished up lessons for the day, Saruul, the only other English teacher at my school, came up to me. “Ashley, should we make a feast?” Sarruul knew Christmas was a big holiday for many Americans. I accepted her offer and we headed to the provincial capital, about 30 miles away, to see what ingredients we could find.
Supermarkets in the capital had more variety than our local markets. We stopped at the largest in the city, where I was surprised to find an assortment of Korean foods — the first time I had seen them in the capital. Excitedly, I scooped up kimchi, deonjang (fermented soybean paste), zucchini, potatoes, and tofu. I was excited to satisfy my craving for Korean soup that night.
When we returned to the village, I headed to my yurt and, as I approached, I noticed the light was on. When I opened the door, I saw that my entire home had been decorated with twinkling lights. A small Christmas tree, decorated with tugriks, (the Mongolian paper currency traditionally used as a New Year’s decoration) stood in the corner. The group of colleagues and friends who had surprised me by decorating my home happily greeted me.
In that moment, I felt so grateful and accepted by my community. I was delighted. My table was overflowing with food and my fellow teachers were singing, "We Wish You a Merry Christmas.”
I made the deonjang soup quickly so that I could contribute it to the Christmas feast. I was worried that the pungent smell and the strong flavor of fermented tofu might put off some of my friends. The flavors were a contrast to the milder soups Mongolians usually ate. But they all loved it and even had seconds. I was so happy to celebrate my Mongolian-Korean-American Christmas with good friends and holiday cheer.
Ashley Baek
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No license required for 74 types of services www.montsame.mn

As the Governor of the Capital City and Mayor of Ulaanbaatar D.Sumiyabazar made a decision, 74 types of services will not be required special license from January 1.
Businesspeople can run these 74 types of services in the capital city by just registering it and should adhere relevant laws, regulations, standards and requirements. The types of the services to be allowed without special license include;
Wholesale center
Warehouse store
Shopping center
Market (construction materials, wood, auto equipment, etc.)
Department store
Hypermarket
Supermarket
Exhibition hall
Outlet
Mini market
Grocery store
Convenient chain store
Specialty goods store
Kiosk
Service point or kiosk
Seasonal temporary trade
Point of sale for recycled products
Restaurant
Bars, discos, billiards, karaoke and more
Cafe
Cafeteria (Public and corporate)
Fast food and chain restaurants
Coffee Shop
Mobile fast food service
Hairdresser
Beauty salon
Nail repair
Clothing ordering and repair
Shoe order and repair
Home furniture ordering and repair
Repair of household electronic appliances
Gold and silver jewelry orders and repairs
Bag ordering and repair
Glasses order and repair
Locks and keys order and repair
Dry cleaning and laundry services
Photo and video services
Cleaning service
Goods rental services
Hotel
Inn
Tourist camp
Camp
Ger hotel
Public bath
Sauna
Swimming pool
Fitness center, fitness, spinnig, aerobics, yoga, dance, etc.
Relaxation center and massage
Public toilets
Auto repair
Tire repair
Car wash service
Sale of consumables such as auto parts, lubricants and other batteries, ornaments and tires
Accommodation services
Issuance of a new hotel license
Extension of hotel license
Issuance of a permit to operate a hotel
Extension of the license to operate a hotel
Extension of the license to operate a tourist camp or resort
New and renewed licenses for arts, music, film, dance, drama, fashion, presenter, actor, stage speech, public speaking, painting, photography, various embroidery, makeup, and training facilities
Extension of the issuance and renewal of a new license for the screening of video and video films
Obtain a new license to run a strip club
Extension of new licenses for billiards, bowling and screen golf slot machines
Extension of a new permit to run a disco club
Extension and re-issuance of karaoke license
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Draft resolution to increase benefits to Mongolia from Oyu Tolgoi project to be considered urgently www.montsame.mn

At the regular meeting of the Cabinet on December 22, the draft resolution on Measures to be taken to ensure the benefits to Mongolia from Oyu Tolgoi gold-copper mine has been supported and submitted to the Parliament for urgent consideration. It was stressed by Minister of Justice and Home Affairs Kh.Nyambaatar during a press conference to present the decisions of the Cabinet meeting.
Following measures reflected in the draft resolution:
- To write off Mongolia's USD 2.3 billion-debt for its share (34 percent) in the Oyu Tolgoi copper-gold project.
- To terminate the Oyu Tolgoi Underground Mine Development and Financing Plan, known as ‘Dubai Agreement’ and conduct an independent audit into the financing of the project's underground expansion;
- The costs required until the first half of 2023, when the underground mine is commissioned, shall be covered by the investors, not incurring additional debts to Erdenes Oyu Tolgoi LLC;
- To supply electricity for Oyu Tolgoi project from the energy grid of Mongolia
- To ensure the implementation of tax acts
Today the draft resolution is planned to be discussed by the Temporary committee in charge of taking control on the implementation of the parliamentary resolution No.92 dated November 21, 2019, on ‘Ensuring the interests of Mongolia in the exploitation of the Oyu Tolgoi gold-copper mine’, developing proposals if necessary and presenting its results at the plenary meeting.
Minister of Justice and Home Affairs Kh.Nyambaatar emphasized that if the resolution is approved and gives authority to the Government, more than 10 documents will be developed and the arbitration disputes between the two sides will be resolved amicably.
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Arrivals from abroad to be put in 3-day isolation www.montsame.mn

During today’s press conference to present the decisions made at the Cabinet meeting, Prime Minister’s Spokeswoman Ch.Bolortuya presented that Mongolian citizens arriving from abroad will be put in 3-day isolation.
Spokeswoman Ch.Bolortuya said, “Omicron variant has spread to more than 90 countries. Countries around the world are taking different measures against it. As for Mongolia, a decision was made on November 27 to place Mongolian nationals arriving from 11 countries in 10-day mandatory isolation upon arrival. Whereas, at today’s Cabinet meeting, the recommendation and suggestion of the Ministry of Health and the National Center for Communicable Diseases to isolate all citizens entering Mongolia for 3 days have been backed”.
She also reported that the date of the decision’s entry-into-force will be discussed at the State Emergency Commission’s meeting.
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Mongolia to regulate use of security cameras www.news.mn

There is no specific law that regulates how to use security cameras in Mongolia. Therefore, the parliament is discussing a draft law on Individual Privacy which is to regulate recording audio and video footages.
The new regulation is aimed to protect a reasonable expectation of individual privacy. The reasonable expectation of privacy covers places that are assumed to be private. This includes bathrooms, changing rooms, shower areas, locker rooms, hotel rooms, and bedrooms.
The law will allow Mongolians to conduct security and surveillance measures using video recording cameras at any home or business, even in public, as long as they don’t violate those reasonable expectations.
The law can penalize anyone who breached individual privacy for criminal codes.
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China Mobile to raise up to $8.8bn in Shanghai share listing www.bbc.com

China Mobile, the world's largest mobile network operator, aims to raise as much as $8.8bn (£6.7bn) when it lists its shares in Shanghai.
The company was kicked off the New York Stock Exchange due to rules imposed during Donald Trump's presidency.
It joins a growing number of US-listed Chinese firms that are exiting Wall Street.
China Mobile's smaller rivals, China Telecom and China Unicom, have already made the move to their home country.
The three firms were delisted from the New York Stock Exchange after a Trump-era decision to restrict investment in Chinese technology companies.
The policy remained unchanged under the administration of President Joe Biden as tensions between Washington and Beijing continue to be strained.
On Monday, Chinese artificial intelligence start-up SenseTime Group relaunched its $767m Hong Kong share sale.
The announcement came a week after the listing was pulled after Americans were banned from investing in the firm.
Washington had accused SenseTime of developing facial recognition software to determine people's ethnicity, with a focus on identifying ethnic Uyghurs.
The company has repeatedly denied the US government's allegations: "Our group's products and services are intended for civilian and commercial uses and not for any military application," it said in a statement on Monday.
SenseTime's shares are due to start trading on the Hong Kong Stock Exchange on 30 December.
Also this month, Chinese ride-hailing giant Didi Global said it planned to take its shares off the New York Stock Exchange and move its listing to Hong Kong.
The announcement came after the US market watchdog unveiled tough new rules for Chinese firms that list in America.
"Following careful research, the company will immediately start delisting on the New York stock exchange and start preparations for listing in Hong Kong," the company said on its account on Weibo, China's Twitter-like microblogging network.
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CDC: Omicron accounts for 73% of US COVID-19 cases www.nhk.or.jp

US health authorities say more than 70 percent of new COVID-19 cases reported across the country last week were likely caused by the Omicron variant.
The Centers for Disease Control and Prevention released its latest analysis on Monday.
The report showed that Omicron accounted for an estimated 73.2 percent of new cases during the week ending Saturday. That's nearly a six-fold increase from the 12.6 percent estimated for the previous week.
In US states where infections are surging, Omicron appears to be quickly replacing the Delta variant as the dominant strain.
It is estimated to have accounted for 92 percent of new cases in the states of New York and New Jersey, and 92.3 percent in Illinois and Ohio.
The weekly average of new daily COVID-19 cases nationwide hit over 127,000 as of Saturday, while hospital admissions reached an average of about 7,500 per day. Both figures have grown by more than 30 percent since a month ago.
The rising number of infections is beginning to strain the health-care system. Some hospitals in Northeastern and Midwestern states are now putting off non-urgent surgeries to deal with coronavirus patients.
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Asia: Thousands of firearms destroyed following counter-terrorism operation www.interpol.int

LYON, FRANCE: Terrorism and organized crime are invariably linked to the illicit trafficking of firearms, often across borders.
A recent INTERPOL-led operation codenamed Trigger-Salvo saw law enforcement from 10 countries in Central, East and Southeast Asia coordinate in a series of border enforcement actions aimed at preventing firearms trafficking and detecting any links with terrorism and organized crime.
During a two-week period (25 October – 5 November), participating law enforcement agencies conducted enhanced passenger and cargo controls at designated airports, seaports, and land borders as well as at known smuggling routes within the participating countries. Data from the screening of individuals, travel documents and vehicles was then cross-checked against INTERPOL’s global databases, enabling officers to identify wanted persons and potential threats.
The operation notably saw Mongolian law enforcement destroy a cache of 2,000 illegal firearms, seized over a period of three years.
“Mongolia’s decision to destroy these firearms symbolises our commitment to Operation Trigger-Salvo and to enhancing security in the wider region,” said Police Lieutenant Colonel Nyamdavaa Bayasgalan, Chief Inspector of Mongolia’s INTERPOL National Central Bureau in Ulaanbaatar.
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Russian billionaire buys most expensive private jet – reports www.rt.com

Russian businessman Roman Abramovich has reportedly acquired a Boeing 787-8 Dreamliner jet worth $350 million, the most expensive private jet in Russia to date, Forbes magazine wrote, citing sources in the aviation market.
A spokesman for Millhouse, the company that manages Abramovich’s assets, declined to comment on the news.
However, according to Flightradar24 data, a Boeing 787-8 Dreamliner aircraft had indeed arrived from Basel to Moscow’s Vnukovo airport on December 18, where private aviation is serviced. The next day the plane flew from Moscow to St. Martin in the Caribbean.
According to Forbes, there are only 250 such aircraft in the world, and this one is the first in Russia. Mexico’s president had used a Boeing Dreamliner as his presidential plane, and the only other privately-owned Dreamliner belonged to UAS International Trip Support, which operates global luxury charter jet service ‘Dream Jet’. Other than that, the aircraft type is largely owned and operated by major airline companies.
According to the media, Abramovich’s Dreamliner was built in 2015 for a private airline operator from Switzerland, PrivatAir. It was never handed over to the company, which filed for bankruptcy in 2018. In 2019, the aircraft was reportedly re-equipped to suit Abramovich’s needs.
The base value of the aircraft is reportedly $248.3 million, but sources say additional equipment cost at least another $100 million. In November, media reported that Abramovich put his old private jet, a Boeing 767-300ER, up for sale for an estimated $100 million. That plane was widely known as ‘Bandit,’ due to the black tint on its cockpit windows.
Abramovich’s fortune is estimated at $14.5 billion, he is currently Russia’s 12th richest businessman, and is best known for owning the UK’s Chelsea Football Club.
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