1 43,000 PASSENGER CARS IMPORTED IN THE FIRST HALF OF 2026 WWW.GOGO.MN PUBLISHED:2026/08/12      2 OIL REFINERY CONSTRUCTION TO BE INTENSIFIED AND LEGISLATIVE BOTTLENECKS REMOVED WWW.MONTSAME.MN PUBLISHED:2026/08/12      3 TEN YEARS OF 'HUNNU ROCK': THE HU LAUNCHES NEW WORLD TOUR WWW.MONTSAME.MN PUBLISHED:2026/08/12      4 NATIONAL AI COUNCIL ESTABLISHED TO DRIVE DIGITAL ECONOMY WWW.MONTSAME.MN PUBLISHED:2026/08/12      5 THE MAGIC OF MONGOLIA: WHY PEOPLE VISIT THE MOST SPARSELY POPULATED COUNTRY IN THE WORLD WWW.JACKSFLIGHTCLUB.COM PUBLISHED:2026/08/12      6 THE MOST EXPENSIVE MISTAKE MONGOLIAN COMPANIES KEEP MAKING AND CALLING IT A HIRING DECISION (BLOG) WWW.LAMBDA.GLOBAL PUBLISHED:2026/08/12      7 MONGOLIA SUCCESSFULLY TESTS INTERCITY FREIGHT TRANSPORT WITH HEAVY ELECTRIC TRUCKS FOR THE FIRST TIME WWW.OPEN.KG PUBLISHED:2026/08/12      8 MONGOLIA RATIONS GASOLINE AS FUEL SHORTAGES SEND DRIVERS INTO LONG LINES WWW.INTELLINEWS.COM PUBLISHED:2026/08/12      9 VIEWS EXCHANGED WITH ADB ON EDUCATION SECTOR REFORM AND COOPERATION WWW.MONTSAME.MN PUBLISHED:2026/08/12      10 “FOREIGNERS WHO LEARN ABOUT CHINGGIS KHAAN THROUGH HISTORY AND THE HU THROUGH MUSIC ARE BECOMING MORE INTERESTED IN THE MONGOLIAN LANGUAGE” WWW.GOGO.MN PUBLISHED:2026/08/12      Ц.САНДАГ-ОЧИР: МОНГОЛ УЛСЫН НИЙТ ГАЗАР НУТГИЙН 81.9 ХУВЬ ЦӨЛЖИЛТӨД ӨРТСӨН БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/08/12     МӨНГӨНИЙ БОДЛОГЫН ХҮҮГ 0.5 ХУВИАР ӨСГӨВ WWW.NEWS.MN НИЙТЭЛСЭН:2026/08/12     ШАТАХУУН ОЛГОДОГ ЗОХИЦУУЛАЛТЫГ БЯМБА ГАРАГААР ТАСАЛБАР БОЛГОНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/08/12     БАГАХАНГАЙ-ХӨШИГИЙН ХӨНДИЙ-ЭМЭЭЛТ ЧИГЛЭЛИЙН 214.9 КМ ТӨМӨР ЗАМ ИРЭХ САРД АШИГЛАЛТАД ОРНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/08/12     "НЕФТЬ БОЛОВСРУУЛАХ ҮЙЛДВЭРИЙГ ТҮШИГЛЭН ТЕХНОЛОГИЙН ПАРК БАЙГУУЛНА" WWW.NEWS.MN НИЙТЭЛСЭН:2026/08/12     “БАЯНХОШУУ ДЭД ТӨВ”-ИЙН ДАРААГИЙН 150 АЙЛЫН БАРИЛГЫН АЖИЛ 92 ХУВЬТАЙ БАЙНА WWW.GOGO.MN НИЙТЭЛСЭН:2026/08/12     НАЙМДУГААР САРЫН ШАТАХУУНЫ ХЭРЭГЛЭЭГ БҮРЭН ХАНГАХ НӨХЦӨЛ БҮРДЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/08/12     БАГАХАНГАЙ -ХӨШИГИЙН ХӨНДИЙ - ЭМЭЭЛТ ЧИГЛЭЛИЙН ТӨМӨР ЗАМЫН ТӨСЛИЙГ ХЭЛЭЛЦЭНЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/08/12     МОНГОЛ ДАХЬ ГАДААД АЖИЛЧДЫН ТОО 43 ХУВИАР ӨСЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/08/12     "ШАТАХУУНЫ НӨӨЦГҮЙ БОЛСОН УЛС, ОРНУУД ЗАЙНААС АЖИЛЛАХ БОДЛОГО ХЭРЭГЖҮҮЛЖ ЭХЭЛСЭН" WWW.GOGO.MN НИЙТЭЛСЭН:2026/08/12    
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Events

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

NEWS

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Ceremony takes place to honor military personnel served in Afghanistan www.montsame.mn

On June 17, a ceremony took place at the Sukhbaatar Square to honor the military troops of the Mongolian Armed Forces who served in the Islamic Republic of Afghanistan.
According to the Memorandum of Understanding Concerning Contributions to the United Nations Standby Arrangements signed between Mongolia and the United Nations in 1999, and the Law on participation of Military and Police personnel in the United Nations Peacekeeping Operations and other international operations that was adopted in 2002, the Mongolian Armed Forces began to contribute to the peacekeeping operations carried out in the Islamic Republic of Afghanistan starting from 2003.
The Mongolian Armed Forces sent military personnel to Afghanistan in:
• 2003-2011: deployed 265 officers of mobile training units to prepare artillery units in the framework of the operation, ‘Enduring Freedom’,
• 2009-2015: deployed 1,252 military personnel from the moto shooting battalion,
• 2010-2015: deployed 54 training personnel as well as 439 personnel for the NATO-led International Security Assistance Force (ISAF),
• since 2015: deployed 1,356 personnel for the NATO-led mission Resolute Support Mission (RSM).
A total of about 3,300 military personnel of the Mongolian Armed Forces have served in peacekeeping operations in Afghanistan, with the most recent team of personnel arriving back home on June 4, 2021.
President of Mongolia and Commander-in-Chief of the Mongolian Armed Forces Kh.Battulga attended the ceremony and gave remarks. He said, “For 30 years starting from 1991, Mongolia-U.S. relations and partnership in the defense sector greatly developed in certain areas through measures such as providing support for reforms in the defense sector of Mongolia, capacity building for peacekeeping operations carried out by the Mongolian Armed Forces, sharing practices, and jointly carrying out duties and serving in missions for regional stability.
Partnership between the two countries' military forces have served an important role in protecting the shared values of democracy, freedom, and human rights, deepening the friendly relations between the peoples of the two countries, strengthening military confidence in the region and internationally, and maintaining peace and stability.
Following the signing of the Memorandum of Understanding Concerning Contributions to the United Nations Standby Arrangements in 1999, and the establishment of appropriate legal environment for deploying military personnel for peacekeeping operations in 2002, our military personnel began to serve in the operations from that year on with the deployment of military observers for UN peacekeeping.
As the President of Mongolia and Commander-in-Chief of the Mongolian Armed Forces, I must highlight that the skills, discipline, and organization of the Mongolian Armed Forces personnel have been acknowledged by government leaders, military specialists and personnel of other countries, alongside the contributions that have been made to peacekeeping operations.”
The ceremony was attended by Minister of Defense G.Saikhanbayar, Head of the Office of the President U.Shijir, Security and Defense Advisor to the President L.Bold, Foreign Policy Advisor to the President T.Tegshjargal, Chief of the General Staff of the Mongolian Armed Forces D.Ganzorig, and Ambassador Extraordinary and Plenipotentiary of the United States of America Michael S. Klecheski.
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Chinese digital yuan now available at over 3,000 ATMs in Beijing www.rt.com

The Industrial and Commerce Bank of China (ICBC) has enabled a feature allowing users to convert their digital yuan to cash at over 3,000 automated teller machine (ATM) locations in Beijing, Xinhua news agency reported.
ICBC thus has become the first bank in the country to launch such a feature. It made it possible for customers to switch with ease between digital and non-digital versions of government-issued currency, called renminbi in China.
According to Xinhua, the Agricultural Bank of China or AgBank, which is one of the nation’s “big-four” lenders, had installed a similar feature at over 10 ATMs in the capital city’s Wangfujing shopping area.
The People’s Bank of China (PBOC) plans to have its sovereign digital currency ready in time for the 2022 Winter Olympics. It said that the new currency, which doesn’t have an official name but is known by its internal shorthand DCEP – or Digital Currency Electronic Payment – will share some features with cryptocurrencies.
The digital yuan is projected to replace cash in circulation. It will be linked to the holder’s smartphone number, with transactions taking place through an app. Users will be able to transfer money between accounts by tapping their phones, much like having physical cash change hands. Pilot testing programs of the digital renminbi have been underway in major cities across the country. Authorities have been also handing out millions of yuan in free digital currency in public lotteries.
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China has administered more than 1 billion Covid-19 vaccine doses www.cnn.com

(CNN)China has administered more than 1 billion Covid-19 vaccine doses, an astonishing milestone that comes as the country rolls out an unrivaled inoculation drive.
A total of 1,010,489,000 doses have been given as of Saturday, China's National Health Commission (NHC) said in a statement.
Those doses are almost 40% of the 2.5 billion shots administered globally.
The NHC said 100 million doses were given in the five days up to and including Saturday, according to state media outlet Xinhua.
The 1 billion number is all the more remarkable given that China's rollout had a stuttering start.
China only reached its first million administered doses on March 27 -- two weeks behind the US. But the pace picked up significantly in May, with more than 500 million shots given over the past month, according to data from the NHC.
"It took China 25 days to climb from 100 million doses to 200 million doses, 16 days to increase from 200 million to 300 million, and six days from 800 million to 900 million," Xinhua reported.
China's about to administer its billionth coronavirus shot. Yes, you read that right
China's about to administer its billionth coronavirus shot. Yes, you read that right
Beijing has successfully contained the virus but several recent local outbreaks, including in the northern Anhui and Liaoning provinces and Guangdong in the south, have fueled fears of infections, prompting a rush to get vaccinated in affected regions.
China has also begun to vaccinate people under the age of 18, with teenagers eligible to receive the Sinopharm and Sinovac vaccines.
For those still reluctant, China has a powerful tool in its arsenal: a top-down, one-party system that is all-encompassing in reach and forceful in action, and a sprawling bureaucracy that can be swiftly mobilized.
Beijing aims to vaccinate at least 70% of eligible people by the end of the year, Xinhua reported, citing the deputy head of the NHC Zeng Yixin.
Around 1.4 billion people live in China. Due to this, the country's administered doses per 100 people is still behind nations such as the US and Britain.
But if its inoculation drive can keep up the current pace, Beijing will catch up fast.
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Tibet tourism boom pressures historic sites www.asahi.com

LHASA, China--Tourism is booming in Tibet as more Chinese travel in-country because of the coronavirus pandemic, posing risks to the region’s fragile environment and historic sites.
The number of visitors is limited to 5,000 per day at the Potala Palace, the former home of the Dalai Lamas. Balancing tourist demand with the need to minimize wear and tear on the massive hillside structure is a constant challenge, said Gonggar Tashi, the head administrator.
“The biggest challenge for us is the contradiction between the protection and usage of the cultural relics,” Tashi told journalists in Lhasa, the Tibetan capital.
He spoke during a government-organized tour that gave foreign journalists rare access to Tibet, but under the watchful eye of officials who set the agenda.
The growing numbers of tourists appear unconcerned by political controversies long circling Tibet. China’s communist forces entered the region in 1951, and the Dalai Lama, Tibet’s traditional spiritual and political leader, fled to India during an abortive uprising against Chinese rule in 1959.
Millions of visitors come to Tibet every year, and 2020 saw a 12.6% increase from the previous year, said Ge Lei, deputy director of the China Tourism Marketing Association. He expects the amount of visitors to roughly double by 2026.
The glut of visitors, far exceeding Tibet’s population of 3.5 million people, means caution is necessary to protect the environment and culture, he said.
Tourists are drawn to the “mystique and myth of Tibet as a remote snow-bound land,” said Travis Klingberg, a cultural geographer at NYU Shanghai. “But Tibet has become a place of beautiful natural landscapes meaningful to the Chinese nation.”
Tibet has shifted its focus from international to domestic visitors as China’s middle class has grown, said Emily Yeh, a professor of geography at the University of Colorado Boulder.
Tibetans have at times complained about Chinese tourists disrespecting cultural traditions, including stepping on prayer flags, she said.
The tourism sector reinforces government propaganda, Yeh said. The ruling Communist Party says it liberated hundreds of thousands of serfs when it overthrew the theocracy in 1951 and has since brought economic development to the high plateau that borders the Himalayas.
“Rewriting of history is very much a part of the tourism landscape,” Yeh said.
Among the most popular natural sites is Namtso Lake, ringed by snow-capped peaks and Buddhist shrines, with yak herds and migrating birds on the horizon. Further development of the site must be done carefully to avoid damaging what makes it attractive, Ge said.
“It will be hard to protect the ecology and culture of Tibet ... if we don’t have a long-term plan,” he said. “So it is very important to establish a set of values and rules of behavior for travel in Tibet while building the facilities.”
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Climate Risk Country Profile - Mongolia www.reliefweb.int

This profile is intended to serve as public goods to facilitate upstream country diagnostics, policy dialogue, and strategic planning by providing comprehensive overviews of trends and projected changes in key climate parameters, sector-specific implications, relevant policies and programs, adaptation priorities and opportunities for further actions. Mongolia is a landlocked country of East Asia characterized by unique ecosystems and cultures. The contribution of agriculture to Mongolia’s economy has declined in recent years, constituting 12% of GDP, compared to the 50% contribution from the service sector. Historical climate warming is believed to have taken place at some of the fastest rates in the world in Mongolia and other shifts in climate dynamics are already strongly impacting on lives and livelihoods. In response, Mongolia has engaged closely with international efforts to mitigate climate change and its impacts.
This profile provides a number of key messages regarding the future of climate risk for Mongolia, including:
Mongolia has already experienced significant climate changes, with warming of over 2°C and declines in rainfall reported between 1940 and 2015.
The intensity of extreme climate-driven hazards including heat wave, drought, and river flood, is expected to increase.
Without concerted disaster risk reduction efforts and support to communities to adapt Mongolia’s poorest communities face significant damage and loss.
Focus is needed on the interplay between climate changes and current development trends in Mongolia, unplanned development in flood exposed areas and air pollution issues could interact with climate changes to enhance health risks and inequalities.
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Inflation rate reaches 6.2 percent in May 2021 www.montsame.mn

Ulaanbaatar /MONTSAME/. As reported by the National Statistics Office, the nation's inflation was at 6.2 percent by May 2021. The inflation rate was 6.1% in May 2018, 8.0% in May 2019, 3.3% in May 2020 and reached 6.2% in May 2021, increased by 2.9 percentage points from the same period of previous year. The increase was mainly due to 13.1 percent price increase in food and non-alcoholic beverages, and a five percent price increase in housing, water, electricity, gas, and fuels.
In terms of contribution of price changes of goods and services groups to 6.2% inflation rate in May 2021, 3.6 units (58.1%) were contributed from changes in prices of food and non-alcoholic beverages group. Moreover, 35.5% of 6.2% inflation rate was mainly contributed by an increase in prices of imported goods and services. However, the contribution of prices of imported goods and services increased by 14.3 percentage points compared to May 2020.
From May 2020 to March 2021, the domestic inflation rate fluctuated between 2-3 percent, falling below the central bank's target. Analysts say this indicates a decline in economic activity during that period. During the pandemic, the government regulated price reductions for some goods and services. On the supply side, changes in the prices of government-regulated goods and services contributed to higher inflation, according to the central bank. In addition, commodity prices have been rising sharply with the easing of lockdown measures and while the economy recovers.
In Ulaanbaatar, inflation was at 6.7 percent in May. According to the Bank of Mongolia, inflation is expected to rise to 7-8 percent by the fourth quarter of this year.
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Specialized laboratory established for hide and leather research www.montsame.mn

Ulaanbaatar /MONTSAME/. A specialized laboratory for hide and leather research has been established at the School of Industrial Technology of the Mongolian University of Science and Technology.
Statistics show that 80 percent of livestock hide is discarded without being processed. However, by putting the laboratory into operation, it will become possible to properly utilize up to 90 percent. More specifically, the laboratory will define the characteristics of the hide and leather as well as whether it meets quality standards. In other words, it will become easy for manufacturers to decide whether to use the material for making products such as shoes or bags.
Despite counting 60-70 million heads of livestock annually, only 10 thousand items of hide are processed each year. The hide of sheep, goats, and cattle are predominantly processed. In the last few years, however, horsehide has also begun to increase in use.
The laboratory will specifically define which parts of the hide are suitable for making certain products. For instance, following a study that found that horsehide is suitable for manufacturing coats due to its softness, horsehide began to be increasingly processed in the country. Thus, herders are currently being advised by researchers and manufacturers to protect their livestock’s skin and hide by protecting them from various insects as well as to not use lacquers in marking them.
Hide and leather manufacturers expressed their hope in the laboratory to make significant contributions in the development of the light industry.
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Manual on reporting suspicious transactions published www.montsame.mn

Ulaanbaatar /MONTSAME/. Manual on Reporting Suspicious Transactions for financial and non-financial professional service providers and intermediaries was published by the Financial Regulatory Commission (FRC). The contents of the manual include the following:
General concept of anti-money laundering and combatting the financing of terrorism;
How to identify and detect suspicious transactions and their characteristics;
Records of customers’ documents; and
Organization, frequency and scope of internal training.
The FRC and the Financial Information Unit have conducted online training involving 359 entities; from among those responsible for reporting. During the training, the manual was introduced to participant.
Source: Financial Regulatory Commission
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What to make of the Mongolian Elections? www.isdp.eu

Last week Mongolians went to the polls to vote for a new President. The Mongolian Presidential elections saw the victory of former Prime Minister Ukhnaa Khurelsukh of the Mongolian People’s Party (MPP). Khurelsukh won in a landslide, securing 68% of the votes against the 20,1% and 6%, won by Sodnomzundui Erdene of the Democratic Party (DP), and Dangaasuren Enkhbat of the Right Person Electorate Coalition, respectively.
Khurelsukh will take over from Khaltmaa Battulga, who was prevented from seeking reelection after a controversial attempt to amend the Mongolian Constitution. The MPP had in 2019 modified the Constitution in an effort to consolidate power and inserted a clause that limits presidents to one six-year mandate. The Mongolian Presidency is a largely ceremonial position; most power is held by the State Great Khural, Mongolia’s parliament, as well as Prime Minister and cabinet. Since 2016 the MPP holds a supermajority in the State Great Khural and consequently determines who the Prime Minister will be and who will make up the cabinet. Erdene, the DP candidate, had warned the Mongolian population against the possibility of a dictatorship under the MPP during the elections. Indeed, Khurelsukh is expected to grant the MPP a higher degree of control over the country’s levers of power.
Background to the Elections
Khurelsukh was forced to resign with his Cabinet on January 21, 2021, due to protests sparked by Mongolia’s response to Covid-19. By November 2020 the Mongolian State Emergency Committee imposed strict countrywide measures in response to community spread of Covid-19. However, these restrictions sparked public anger which stoked widespread protests demanding freedom and the right to assembly. Subsequently, protesters demanded the ousting of various authorities, including the Cabinet and the Prime Minister.
The Prime Minister’s resignation prompted skepticism; his position was stronger than ever, given the MPP’s control of the Cabinet and the Great Khural. It has become evident now that his resignation as Prime Minister was a tactic aimed at bypassing a constitutional requirement that would have otherwise barred him from running as President.
Khurelsukh’s actions have caused many concerns to arise within the general public, the opposition, and foreign observers. Polarization, court rulings, constitutional amendments, and presidential decrees, coupled with Khurelsukh’s background with the Mongolian military (of which he is now commander-in-chief as the President), show the fragility of the current political situation. Furthermore, Mongolia’s election took place during a critical time for its already suffering economy deeply affected by the pandemic.
Ulaanbaatar’s Balancing Act
Mongolia’s geo-economic positioning makes it extremely difficult for Ulaanbaatar to operate without factoring in Moscow and Beijing. In fact, despite extensive attempts undertaken by the various Mongolian governments, Moscow is still Mongolia’s primary energy provider, and Beijing buys circa 90% of Mongolia’s core exports. Additionally, given the country’s current economic crisis, it is to be expected that the government will decide to lean more toward either Moscow or Beijing.
It is yet to be seen whether Khurelsukh will follow Battulga’s foreign policy focused only on Russia while begrudgingly acknowledging China’s growing prominence to its south. However, there might be a turn in Ulaanbaatar’s foreign policy. In fact, during his previous mandate, Khurelsukh seemed to be willing to deepen cooperation with China, as he underscored in a meeting with Wang Yi in 2020. Notably, Khurelsukh also expressed his support for the one-China policy and its domestic and foreign policy.
Additionally, Mongolia’s possible turn to China is dictated by other factors as well. First, Beijing has offered major Covid-relief: Mongolia has so far signed deals for 4.3 million vaccine doses, the bulk of which is produced by China’s Sinopharm vaccine. Second, China has been Mongolia’s primary commercial partner since the fall of the Soviet Union. Back then, Ulaanbaatar, desperate for new economic partners, restructured its economy to meet China’s needs for raw materials. Then as now, the Mongolian mining industry remains vital for Ulaanbaatar to maintain a stable relationship with Beijing. As a result, China remains Mongolia’s top export destination and import supplier in the first quarter of 2021, according to data released by the Mongolian National Statistics: 92.5% of Mongolia’s total exports and 39.1% of its total imports. The mining sector occupies more than 50% of Mongolia’s GDP and roughly 70% of its exports.
Mongolia after the Elections
But overdependence on China’s willingness to buy from Mongolia is extremely dangerous. If Beijing were to close border-crossings, preventing the trade of goods, it would devastate Mongolia’s economy, as the Covid-19 outbreak has shown. Mongolia’s reliance on the mining industry also results in environmental strain and degradation that will, in the long run, engender more economic burdens. Mongolia has seen a gradual degradation of its land, 20.9% of which is available for mining while 44% to 90% is affected by desertification, partially due to mining externalities. It also comes as no surprise that Chinese firms partially own the companies charged with inflicting environmental damage on Mongolia. Therefore, China holds considerable stakes over Mongolia’s mining companies, on top of being its primary export destination.
Mongolia’s dependence on China will probably increase in the years to come. Beijing’s Belt and Road Initiative represents a unique opportunity for Ulaanbaatar to act as a logistical transit hub, given that it lies perfectly in between China and Inner Asia. The MPP has called for increasing Mongolia’s focus on expanding its mining sites, especially the Oyu Tolgoi and Tavan Tolgoi (the closest mines to the Chinese border), and expedite cross-border trade. This decision would grant China power to directly access Mongolia’s land (given Chinese companies own shares in the companies that control the mining sites). Another project that would increase Ulaanbaatar’s reliance on Beijing is Mongolia’s attempt to access the port of Caofeidian in Hebei province. Use of this harbor, which is three times closer than the only other alternative, the port of Vladivostok, would grant Mongolia maritime access; however, Beijing will become Ulaanbaatar’s gateway to conduct commerce with the rest of the world, hence increasing the risk of Mongolia becoming a sort of Chinese province in the future.
Khurelsukh will assume office on July 10th. Alongside his cabinet and Mongolia’s legislature, the new President will need to make tough decisions confronting climate change, geopolitical shifts in East Asia, and domestic challenges. The former MPP candidate, despite his ceremonial position as President, will still play a key role in directing Mongolia’s course of action during his term.
by: Riccardo Villa
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Mongolia reports record daily COVID-19 count for 8th straight day www.xinhuanet.com

June 17 (Xinhua) -- Mongolia registered 2,642 new COVID-19 cases in the past 24 hours, the country's health ministry said Thursday.
This is the eighth straight day of record new infections, bringing the national tally to 85,770, the ministry said.
Meanwhile, 11 patients aged 37-95 died from the disease, bringing the national death toll to 414.
About 1,668,000 Mongolians have so far been fully vaccinated since the country launched a national vaccination campaign in late February, according to the ministry.
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