1 MONGOLIA RECORDS USD 16.6 BILLION IN TRADE WWW.MONTSAME.MN PUBLISHED:2025/09/11      2 GOVERNMENT REPORTS OPERATIONAL IMPROVEMENTS AT ERDENES TAVANTOLGOI UNDER SPECIAL REGIME WWW.MONTSAME.MN PUBLISHED:2025/09/11      3 DIESEL LOCOMOTIVE CONVERTED TO HYBRID LOCOMOTIVE IN MONGOLIA WWW.RAILLYNEWS.COM  PUBLISHED:2025/09/11      4 MONGOLIA REVEALS ITS UNTAMED BEAUTY AND RICH CULTURE THROUGH THE EYES OF DUTCH TOURISTS ON AN UNFORGETTABLE ADVENTURE WWW.TRAVELANDTOURWORLD.COM  PUBLISHED:2025/09/11      5 ROBOTIC MILITARY DOG TRAINING FEATURED IN CHINA-RUSSIA-MONGOLIA BORDER DEFENSE EXERCISE WWW.NOVINITE.COM  PUBLISHED:2025/09/11      6 MONGOLIA DEPLOYS 15TH BATTALION’S SECOND CONTINGENT TO UN MISSION IN SOUTH SUDAN WWW.MONTSAME.MN PUBLISHED:2025/09/11      7 THE MONGOLZ RANKINGS RISE TO SECOND WORLDWIDE WWW.MONTSAME.MN PUBLISHED:2025/09/10      8 CHABOT MOBILITY JOINS MONGOLIA VOYAGER PROJECT TO EXPORT K-MOBILITY INFRASTRUCTURE WWW.BIZ.CHOSUN.COM  PUBLISHED:2025/09/10      9 "OYUT" COPPER DEPOSIT WITH 1.1 MILLION TONS OF PURE COPPER DISCOVERED WWW.GOGO.MN PUBLISHED:2025/09/10      10 CHINA-RUSSIA-MONGOLIA BORDER DEFENSE COOPERATION 2025 JOINT EXERCISE KICKS OFF WWW.ENG.CHINAMIL.COM.CN  PUBLISHED:2025/09/10      ЗАСГИЙН ГАЗРЫН WWW.D-GOV.MN ЦАХИМ СИСТЕМ ӨНӨӨДРӨӨС АЖИЛЛАЖ ЭХЭЛЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/11     ТӨМӨРТЭЙН ОВООНЫ ЦАЙРЫН ОРДЫН ТУСГАЙ ЗӨВШӨӨРЛИЙГ АЛБАН ТУШААЛТНУУД ХУВИЙН КОМПАНИДАА ШИЛЖҮҮЛЭН АВСАН ҮЙЛДЛИЙН УЛМААС ТӨРД УЧРУУЛСАН ХОХИРЛЫГ НЭХЭМЖЛЭХЭЭР БОЛОВ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/11     ТӨСВИЙН АЛДАГДАЛТАЙ АЛБАН ТУШААЛТНЫГ ЧӨЛӨӨЛНӨ WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/11     ДҮҮЖИН ЗАМЫН ТЭЭВЭР ТӨСӨЛД 2 ТЭРБУМААР ЗӨВЛӨХ ҮЙЛЧИЛГЭЭ АВНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/11     ИПОТЕКИЙН БАНК БАЙГУУЛАГДАХААС ӨМНӨ САНХҮҮЖИЛТИЙГ ЗАСГИЙН ГАЗАР РУУ ШИЛЖҮҮЛНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/09/10     Р.ЧИНГИСИЙГ ДОТООДЫН ЦЭРГИЙН ЕРӨНХИЙ КОМАНДЛАГЧААР ТОМИЛНО WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/10     БИРЖИЙН НҮҮРСНИЙ ЭКСПОРТ 739 МЯНГАН ТОНН БОЛЖ, ӨМНӨХ САРААС ХОЁР ДАХИН ӨСЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/10     “ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК НҮҮРС БАЯЖУУЛАХ ҮЙЛДВЭРЭЭС ГАРЧ БУЙ ХАЯГДАЛ НҮҮРСИЙГ ДАХИН БОЛОВСРУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/10     ХАЛЗАН БҮРЭГТЭЙН ОРДЫН АСУУДЛААРХ СОНСГОЛД ХОВДООС 50 ХҮН ОРОЛЦУУЛАХ ХҮСЭЛТ ГАРГАЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/09/10     “УЛААНБАДРАХ 300 МВТ ЦАХИЛГААН СТАНЦ” ТӨСЛИЙН ТЭЗҮ-ИЙГ МЭРГЭЖЛИЙН ЗӨВЛӨЛӨӨР ХЭЛЭЛЦҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/10    

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Events

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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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Mongolia becomes first country to conduct MICS plus phone survey and national scale www.mics.unicef.org

Mongolia MICS Plus follows the field-testing of the MICS programme’s new initiative in Belize, during 2019-2020. MICS Plus uses a representative household sample frame to select a sample of respondents, to collect data via phone calls over an extended period, at frequent intervals. In its original form, MICS Plus uses the households interviewed during a MICS as the sample frame, but can be based on any representative sample frame of households with landline or mobile phone numbers.
MICS Plus is using the national population registry of Mongolia as the sample frame. The household-based registry was updated by the National Statistical Office of Mongolia in February 2020 and includes one or more phone numbers for each household. Overall, 2,200 households were sampled from the population registry. Households were selected randomly in each of the urban and rural areas of five regions.
The first wave of calls started on 18 September 2020, with 11 interviewers calling all households and recording responses via the data management system. Topics in the first wave of calls covered access to internet, COVID-19 self-protection knowledge, behavior and information sources, as well as government benefits, and detailed questions on distance learning. The first wave is complete and results will be made available in November on this page, together with methodological details of the survey.
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China looks to Mongolia for coking coal after banning Australian imports www.rt.com

China received more metallurgical coal from neighboring Mongolia in September than from its once-key supplier Australia, amid escalating tensions between Beijing and Canberra.
Coal exports from Mongolia, which borders China to the north, surged by 17 percent to 4.65 million tons last month, Global Times reported, citing data from the Mongolian General Administration of Customs. More than 96 percent of those shipments were destined for China, making Mongolia the largest metallurgical coal supplier to the country, the report said. According to S&P Global Platts, shipments from Mongolia to China rose to a record pace in September, jumping by over a quarter month-on-month and more than eight percent compared to a year earlier.
Shipments of the commodity from Australia, which used to be China’s top source of coking coal, dropped to their lowest level this year in September, falling to 2.72 million tons.
The swift change in China's imports comes amid reports that Australia's coal is not wanted in China any more. Earlier this month, Chinese power stations and steel mills reportedly started canceling orders, while Chinese ports turned away Australian shipments. No official confirmation has been made so far by either country.
Tensions between Australia and its largest trading partner have been flaring for around three years, since Canberra alleged that there was a growing Chinese influence on its domestic affairs – a claim repeatedly denied by Beijing. In 2018, the Australian government added fuel to the fire as it banned China’s Huawei and ZTE from the country’s 5G rollout.
With relations souring, Beijing has effectively banned imports of Australian barley, and imposed restrictions on wine and meat shipments, among other measures. However, the ban on coal supplies could be more painful for Australia, as it accounts for a much larger share of the bilateral trade between the two countries. Coal is one of the three major Australian commodity exports to China, behind iron ore and liquefied natural gas (LNG).
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40th anniversary of Mongolia's space travel to be celebrated next year www.montsame.mn

Ulaanbaatar /MONTSAME/. The cabinet made following decisions at its meeting held on October 28, today.
- An open contest of logo design and brand book for the 100th anniversary of People’s Revolution in Mongolia was announced between September 18 and October 09. 36 submissions have been made by 14 designers for the contest. The cabinet ordered corresponding officials to promote to the public the best selected design and use it for their intended purpose in the anniversary celebrations next year and present the design for the 100th anniversary medal to the parliament.
- The 40th anniversary of the first space flight by a Mongolian and the joint space mission will be marked in March 2021. Jugderdemidiin Gurragchaa along with the Soviet cosmonaut V.A.Janibekov took off from the Baikonur Cosmodrome on March 22, 1981. In eight days of space travel, the two cosmonauts circled the Earth for 124 times and landed back on their home planet on March 30.
This was the first-ever space flight in the history of Mongolia. Gurragchaa is the first and only Mongolian to fly to the space and the second Asian cosmonaut. Thus, Mongolia became the 10th country in the world to send off its cosmonaut to space, 5th country to test its technology in space and 20th to create space equipment, which was tested in space.
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Mongol Identity Still Waiting For Public Apology From Max Verstappen www.formula1news.co.uk

Red Bull driver Max Verstappen sparked criticism over the weekend after he called Lance Stroll a “Mongol” and a “retard”, and later said it’s not his problem if fans were offended by his use of the ableist slurs.
This wasn’t the first time Verstappen has used such ableist language; at the 2017 US Grand Prix, he called FIA steward Garry Connolly a “Mongol” on Dutch TV after he was handed a penalty for a track limits violation.
Verstappen’s conduct at last weekend’s Portuguese Grand Prix prompted Mongol Identity – an organisation which campaigns to end the historical misuse of the term “Mongol” – to publish an open letter which urged the Red Bull driver to apologise.
And now, Uuganaa Ramsay, the group’s director, has told Formula1News.co.uk managing editor Suliman Mulhem that they aren’t looking for Verstappen to be punished by the FIA or by Red Bull – they merely want him to apologise for his mistake.
“We believe in human kindness. We all make mistakes. We are simply asking for a public apology as this carries a louder message to our next generation,” Ramsay told this publication.
Continuing, she said how Red Bull deals with the situation is an “internal affair”, but Mongol Identity hopes “that they will walk the talk, not only tick boxes to be seen as competent when their actions say different.”
Ramsay also offered to work with Formula One and Red Bull Racing “to raise awareness to ensure the drivers understand the connotations of using ‘Mongol’ as a slur.”
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Two new members elected to board of directors of Oyu Tolgoi www.news.mn

Yesterday (28 October), the Mongolian Cabinet appointed two representatives of the board of directors of Oyu Tolgoi LLC. Bayasgalan who worked at JP Morgan and geological engineer Gan-Ochir were selected from 46 candidates who applied to the post in September.
The board of directors of Oyu Tolgoi consists of nine representatives; three of them are appointed by Mongolian Government. The Government of Mongolia holds 34% of the total issued shares of Oyu Tolgoi LLC through Erdenes Oyu Tolgoi LLC, a subsidiary of Erdenes Mongol LLC, a state-owned company.
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Erdenet Mining Corporation reports net profit at MNT 353 billion in 2020 www.montsame.mn

Ulaanbaatar /MONTSAME/. The cabinet meeting, Minister and Chief of Cabinet Secretariat L.Oyun-Erdene presented about the emergency regime performance and results set on Erdenet Mining Corporation and Mongolrostsvetmet LLC, the state-owned enterprises.
The emergency regime was set at Erdenet Mining Corporation and Mongolrostsvetmet LLC by the government in March 2019, and extended twice in September 2019 and April 2020 by six months respectively to ensure no interruptions in their operations.
At the cabinet meeting, the state-owned companies were praised for its efforts to maintain continues and normal operations throughout the duration of emergency regime, improving the workplace accountability and financial disciplines and increasing their net profits, tax payments and investments.
In 2019, the Erdenet Mining Corporation increased its sales revenue by MNT 119.5 billion, earning net profits of MNT 516.8 billion and contributing MNT 961.8 billion to the state and local budgets.
In the first three quarters of 2020, sales revenue of the Erdenet Mining Corporation was grown by MNT 198 billion, with net profit of MNT 353.3 billion and paid MNT 811.5 billion for taxes.
As for Mongolrostsvetmet LLC, its sales revenue jumped by MNT 56.5 billion and net profits totaled MNT 34.6 billion, paying MNT 33.4 billion in taxes. In the first three quarters of this year, Mongolrostsvetmet’s sales revenue rose by MNT 28.7 billion, net profits reached MNT 24.4 billion, and MNT 30.8 billion was paid for tax payment.
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Central bank updates financial statistics for September 2020 www.montsame.mn

Ulaanbaatar /MONTSAME/. The Bank of Mongolia, today, October 28, organized a monthly press briefing on the latest update on the financial and banking industry of Mongolia.
As of September 2020, inflation rate for Mongolia was 1.7 percent, and 1.4 percent in Ulaanbaatar.
As of the first nine months of 2020, total loan balance in the banking industry was at MNT 17.2 trillion, which was made up of MNT 15.6 trillion of loans in Tugrug currency and MNT 1.6 trillion borrowings in foreign currencies. In particular, volume of salary and pension-secured loans accounted for 18 percent, which was highest share in total loans, followed by loans in the trade, real estate and mining.
In September 2020, banks issued mortgage loans worth MNT 77.3 billion to 1,052 borrowers, 30.6 percent of which is made available from financial sources of the government-approved mortgage loan program and 69.4 percent from the banks’ own funding.
Total outstanding balance of mortgage loans reached MNT 4.8 trillion with the total number of borrowers at 99,500. 73.3 percent of the total borrowers took out their mortgage loans funded by the mortgage loan program, 22 percent was funded through the banks’ sources and 4 percent from other types of sources.
Compared to the same period of last year, non-performing loans grew by MNT 4.5 billion. According to the Bank of Mongolia, the balance of payment from January to September 2020 showed deficit of USD 472.5 million, showing decrease compared to the second half of this year, when the balance of payment deficit equaled to USD 679.2 million.
Mongolia’s foreign trade balance saw a surplus of MNT 1.2 billion in the first nine months of this year.
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Government studying possible financial support for airline industry amid COVID-19 www.montsame.mn

Ulaanbaatar /MONTSAME/. At the cabinet meeting held on October 28, today, Minister of Road and Transport Development L.Khaltar delivered a presentation on the financial difficulties encountered in the national air transportation industry.
Concerning this, corresponding officials from government agencies and ministers were charged to study possibilities on bailout for national airlines conducting flights to international and domestic destinations - MIAT Mongolian Airlines state-owned enterprise, Hunnu Air and Aero Mongolia, and to provide funding required for relocating domestic airlines to the new international airport named after Chinggis Khaan and maintaining their normal operations.
Due to the suspension of international flights since February 2020, some 1,370 scheduled flights by the MIAT Mongolian Airlines had been cancelled, and the national airline have operated a total of 75 repatriation charter flights on different routes, as of September 30.
MIAT had planned 1,657 flight services in the first three quarters of 2020 to earn around 410 MNT billion. However, the number of flights performed by the company during this period was only 287, with MNT 130 billion in revenue.
In spite of some cost-saving regulations taken by the MIAT, such as postponement of non-essential expenditures and investments, wage cuts and employee adjustments, the company will find it difficult to ensure its ability to pay by the second quarter of 2021, if this situation continues, reports the Press Office of the Cabinet Secretariat.
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Mongolia to cut tariffs on 366 commodities to China www.news.mn

China and Mongolia are expecting lower tariffs in bilateral trade after Mongolia’s recent accession to the Asia-Pacific Trade Agreement (APTA), China’s Ministry of Commerce said on Monday.
Starting on 1 January 2021, Mongolia will cut tariffs on 366 categories of commodities, such as aquatic products, vegetables and fruits, timber and chemical products. Meanwhile, Mongolia will also enjoy favorable tariff policies, according to a statement posted on the website of the ministry.
Mongolia’s accession to the agreement will further promote the integration of developing economies in the Asia-Pacific region, deepen Sino-Mongolian economic and trade cooperation, and improve bilateral trade liberalization and facilitation, according to the statement.
Thus far, the member countries have implemented four rounds of tariff concessions, with the fourth one coming into effect on 1 July 2018. (Xinhua)
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Mongolia’s Covid-19 cases reach 340 www.news.mn

Yesterday (27 October), one more person has been confirmed as having coronavirus in Mongolia; bringing the total number of COVID-19 cases since the beginning to 340. According to health officials, 312 people of those who were infected with coronavirus have fully recovered. However, 28 people with coronavirus still remain under treatment at the National Centre for Communicative Diseases.

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