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    

Events

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

NEWS

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Jeff Bezos is now worth a whopping $200 billion www.cnn.com

Hong Kong (CNN Business)Jeff Bezos was already the world's richest man. Now his net worth has skyrocketed once again, setting another new record.

On Wednesday, the Amazon CEO's wealth reached an estimated $202 billion, according to the Bloomberg Billionaires index, as the company's shares soared. That's up about $87 billion since January.
The explosive growth in Bezos' fortune is being driven by his holdings in Amazon (AMZN). The company's stock is up about 25% over the last three months and 86% so far this year, according to data from Refinitiv.
Bezos, who founded Amazon in 1994, keeps breaking records with his wealth. In 2017, he became the richest person on the planet. And last month, his estimated net worth jumped to almost $172 billion, marking a new global high.

The billionaire isn't alone — other tech tycoons have been getting much wealthier throughout the pandemic as demand for their companies' goods and services continue to grow.
Earlier this month, Facebook (FB) CEO Mark Zuckerberg was dubbed a "centibillionaire," as his wealth surpassed $100 billion. Tesla (TSLA) CEO Elon Musk, with a net worth of $96 billion, is close to achieving that extraordinary status. Microsoft (MSFT) founder Bill Gates has already made it.
And Apple (AAPL) CEO Tim Cook also became a billionaire recently as shares of his company — now the world's most valuable — have soared. Cook is a rare example of an executive who didn't help found their company breaking into the ranks of the super rich.
Though Amazon is Bezos' biggest asset, it's not the only big brand he oversees. Outside the company, Bezos also owns Blue Origin, the space travel company he founded in 2000, and The Washington Post newspaper, which he acquired in 2013.

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Mongolia reports 1 more COVID-19 case, 2 recoveries www.xinhuanet.com

August 27, 2020 (Xinhua via COMTEX) -- Mongolia has reported one more COVID-19 case in the last 24 hours, bringing the nationwide tally to 301, the National Center for Communicable Diseases (NCCD) said Thursday.

The latest case was found in a 35-year-old Mongolian man who returned home from South Korea on a chartered flight last week, Amarjargal Ambaselmaa, head of the NCCD's Surveillance Department, told a daily press briefing.

Meanwhile, two more patients have recovered from the disease, bringing the national couont to 291, Ambaselmaa said.

One of the remaining 10 patients being treated at the NCCD is in serious condition, she added.

All the confirmed cases were imported, mostly from Russia, according to the center.

No local transmissions or deaths have been reported in Mongolia so far.

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Mongolia’s coal exports to China growing amid COVID-19 www.montsame.mn

Ulaanbaatar /MONTSAME/. A total of 40 million tons of coal had been projected to export abroad this year, however, due to the ongoing COVID-19 pandemic, Mongolia has exported only around 13 million tons of coal currently. Another statistic shows that Mongolia is experiencing a decrease of 46 percent in the coal exports in the first seven months of 2020 compared to the same period of previous year.

According to an information provided by the Cabinet Secretariat of the Mongolian government yesterday, the coal exports from Mongolia have been growing, beginning from this month, and the number of coal transportation trucks has been increasing. The daily volume of coal transportation freight trucks to cross the border checkpoints to China was usually around 1,800 lately. However, in the recent several days, the number has exceeded 2,000.

In particular, on August 25, a total of 2,001 heavy duty trucks for coal transportation moved through Gashuunsukhait, Shiveekhuren, Yarant, Khangi border crossing points to China, which shows that the daily volume of coal trucks has returned to the pre-COVID-19 level.

As informed by the Cabinet Secretariat, the growth of coal exports to China is thanks to the Mongolian and Chinese governments’ joint implementation of the ‘Green Gateway’ temporary regulation at border crossing points.

To prevent from the spread of COVID-19, sterilization, and disinfection measures are being conducted for all trucks transporting coal and other minerals before they enter the country across border checkpoints and heavy-duty trucks conducting exports and imports transportation are being escorted under police surveillance to clearance terminals.

B.Dolgormaa

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12 charter flights to bring 3120 Mongolians home in September www.montsame.mn

Ulaanbaatar /MONTSAME/. During today’s press briefing of the Operative Staff of the State Emergency Commission, Director General of the Consular Department of the Ministry of Foreign Affairs L.Munkhtushig reported that 12 charter flights will be arranged in September to bring 3120 Mongolian nationals home as scheduled below:

Date

Destination

Number of citizens

1

Sep. 2

Seoul

260

2

Sep. 8

Hong Kong /transit/

260

3

Sep. 9

Tokyo

260

4

Sep. 14

Frankfurt

260

5

Sep. 15

Seoul

260

6

Sep. 17

Hong Kong /transit/

260

7

Sep. 18

Istanbul

260

8

Sep. 21

Tokyo

260

9

Sep. 23

Frankfurt

260

10

Sep. 24

Seoul

260

11

Sep. 25

Sidney

260

12

Sep. 28

Seattle

260

Since the ban on all international travel of passengers in and out, Mongolia has arranged 62 charter flights and brought its 12,976 citizens from overseas countries. As of today, 12,409 Mongolian nationals stranded abroad have submitted their request to return home immediately from 48 countries.

Moreover, the Ministry of Foreign Affairs is working with the foreign embassies to help people with serious medical concerns travel abroad for treatment.

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Walmart joins Microsoft in bid for TikTok's US operations www.bbc.com

The US retail giant Walmart has said it will team up with Microsoft to make a bid for the US operations of TikTok.

Walmart told the BBC it thought a deal with the Chinese video-sharing app would help it expand its operations.

TikTok has been given 90 days to sell its US arm to an American firm or face a ban in the country. Donald Trump has alleged it shares its user data with Beijing - claims it denies.

Earlier on Thursday the firm's boss resigned ahead of the impending ban.

Confirming that the company was pursuing a deal, a Walmart spokesperson told the BBC: "We are confident that a Walmart and Microsoft partnership would meet both the expectations of US TikTok users while satisfying the concerns of US government regulators."

Microsoft, which confirmed at the beginning of August that it was in talks with TikTok, told the BBC it had "nothing to share at this time".

With Walmart, which owns UK supermarket chain Asda, it will now go up against other prospective bidders, including the US tech giant Oracle.

According to reports, TikTok's US operations could fetch as much as $30bn (£22bn) if a deal is reached.

Since its global launch at the end of 2018 Tiktok has attracted a huge following, especially amongst the under-25s.

The app lets its followers create short videos, with the help of an extensive database of songs and wide range of filters.

Data at risk?
However, the Trump administration has accused its owner, the Chinese internet firm Bytedance, of being a threat to US national security.

It says the data the company collects from its 800 million users - 100 million of whom are reported to be in the US - is at risk of exploitation by the Chinese government.

India's government has also banned TikTok, along with dozens more Chinese-made apps, claiming they "surreptitiously" transmit users' data.

Beijing has denied such claims, calling the US ban politically motivated.

The founder of ByteDance, Zhang Yiming, has faced criticism for his decision to sell to a US company. But in a letter to his Chinese staff he said it was the only way to prevent the app from being taken down in America.

It's not the only Chinese-owned app to attract the suspicion of the US authorities - the messaging app WeChat also faces a ban.

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Food waste combusting plant to be established www.montsame.mn

Ulaanbaatar /MONTSAME/ Ulaanbaatar City Municipality reported about a food waste composting plant to be established in Eco Park Complex at Narangiin Enger landfill site.
The general manager of the capital city had made a decision to set up a food waste composting plant covering one hectares of land at Narangiin Enger disposal site. And a pilot project has begun with non-refundable aid of the Japan Fund for Poverty Reduction to recycle food waste generated in Ulaanbaatar city and to set up a composting plant.
The pilot project on participatory food waste recycling will be realized at three stages. Within smaller food waste recycling activities, one family will be selected out of 50 households chosen from five khoroos to collect food waste of these households, recycle them and produce fertilizer with it. The produced fertilizer will be used in the yard of the households, their residing khoroos for gardening and beautifying the environment.
While five schools and five kindergartens will be chosen within the framework of medium sized recycling activities and a team from each school and kindergarten will collect and recycle its food waste. With the produced fertilizer, gardening activities will be carried out at green areas of the schools and kindergartens. Child participation is crucial to these activities and it is significant to make children environmentally friendly and disseminate knowledge on waste recycling.
At the large-scale level of the pilot project, a food waste composting plant with capacity to produce 2000 kg of fertilizer per day will be built on one hectares of land at Narangiin Enger central landfill site. People, who live at the disposal to make a living collecting and selling waste will be employed at the plant so that their livelihood is improved.
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Government to focus attention on sustainable investment environment of private sector www.montsame.mn

Ulaanbaatar /MONTSAME/ On August 25, some members of the Cabinet and Ministers headed by Deputy Prime Minister Ya.Sodbaatar and Chief of the Cabinet Secretariat of the Government L.Oyun-Erdene held a meeting with business delegation at the Mongolian National Chamber of Commerce and Industry (MNCCI).
At the start of the meeting, Deputy PM Ya.Sodbaatar conveyed greetings of the Prime Minister and emphasized Government’s intent to exchange views with entrepreneurs on its Action Program for 2020-2024 during the meeting.
In his remarks, Chief of the Cabinet Secretariat of the Government L.Oyun-Erdene highlighted that the Government is giving significance to 8-12 year long-term development goals. As a result, development programs will give their yields alongside major changes.
Underlining that the Government’s second largest goal is to draw investment, the Chief of the Cabinet Secretariat said that the funding would be used for large-scale projects, programs, infrastructure works and upgrade of business legal environment for private sector promotion. The Government will encourage wealth creators, foreign and domestic investment and maintain a policy to partner as much as possible. "In terms of it, we are heading towards a policy reform that aims to create sustainable business environment." He then informed that a unit in charge of foreign invested projects and programs is to be established at the Cabinet Secretariat of the Government.
The Government would also focus attention on the areas of tourism, transportation, intellectual information technology, innovation-based production, agriculture, especially, heavy and medium-scale industry as well as electricity export in the coming year. In doing so, more significance will be given to education sector, vocational training and production and working force required for the next 10-20 years will be prepared within it, noted Mr.Oyun-Erdene.
“On the other hand, construction works will be carried out in accordance with regional development vision. There are 120 construction projects and programs and 70 percent of them have feasibility studies so far. Since it is impossible for government to fulfill all the works with state budget, national-level goals will be accomplished with sustainable investment of private sector,” said Chief of the Cabinet Secretariat of the Government L.Oyun-Erdene.
Ministers of Road and Transport, Construction and Urban Planning, Food, Agriculture and Light Industry, Mining and Heavy Industry attended the meeting, hearing business owners' position, views and suggestions. And nearly 130 business people and delegates from Business Council of Mongolia, MNCCI, Ulaanbaatar Chamber of Commerce, business professional associations and NGOs took part in the event.
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Total FDI in 2010-2019 reaches MNT 37.2 trillion www.montsame.mn

Ulaanbaatar /MONTSAME/. The National Statistics Office has recently released the latest edition of the ‘Economic Security’ survey. In its section titled ‘Balanced policy of investment’, the total investment made in Mongolia reached MNT 83.3 trillion between 2010 and 2019, and out of them,
- MNT 36.6 trillion (43.9 percent) are domestic investment,
- MNT 46.7 trillion (56.1 percent) are foreign investment.
According to the survey, 36.1 percent of the domestic investment was budget investment in 2010-2019, while foreign direct investment (FDI) accounted for 81.8 percent of total foreign investment.
Survey also shows that the foreign direct investment in Mongolia during the given period reached MNT 37.2 trillion in total, accounting for 44.7 percent of the total investment in the country, however, it’s unstable and volatile.
Investment in the mining sector accounts for 37.5 percent of gross domestic product, as the share of mining industry’s investment equaled to 63.7-56.3 percent of the gross domestic product between 2011 and 2012 and decreased to 22.4 percent in 2015.
With the commencement of the Oyu Tolgoi open pit mine development, large inflows of investment came in 2011, and the foreign direct investment of 2011 and 2012 accounted for already 24.7 percent of the total investment over the last 10 years. Caused by world market price drops and domestic political instability, the FDI to Mongolia plummeted in 2013 and 2014.
In terms of countries invested, Canada financed 47.5 percent of the total foreign direct investment made 2011, and 65.7 percent in 2019.
Investment from Japan to Mongolia had slowed down, from 6.6 percent of foreign direct investment in 2014 down to 4.3 percent in 2019.
B.Dolgormaa
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NBA postpones playoff games after Bucks boycott to protest racial injustice www.reuters.com

(Reuters) - The National Basketball Association postponed three playoff games scheduled for Wednesday after the Milwaukee Bucks boycotted Game 5 of their playoff series against Orlando Magic in protest over racial injustice.
The action by the Wisconsin-based team follows the police shooting of Jacob Blake, a Black man, in the city of Kenosha, also in Wisconsin, on Sunday.
In addition to the Bucks-Magic game, the Houston Rockets vs. Oklahoma City Thunder and Los Angeles Lakers vs. Portland Trail Blazers games were also postponed and will be rescheduled, the league said.
“Over the last few days in our home state of Wisconsin we have seen the horrendous video of Jacob Blake being shot in the back seven times by a police officer in Kenosha and the additional shooting of protesters,” the Bucks players said in a statement.
“Despite the overwhelming plea for change there has been no action so our focus today can not be on basketball.”
The players called on the Wisconsin state legislature to reconvene to pass meaningful measures to address issues of police accountability, brutality and criminal justice reform.
Aug 26, 2020; Lake Buena Vista, Florida, USA; The court and benches are empty of players and coaches at the scheduled start of an NBA basketball first round playoff game between the Milwaukee Bucks and the Orlando Magic, Wednesday, Aug. 26, 2020, in Lake Buena Vista, Fla. at ESPN Wide World of Sports Complex. Mandatory Credit: Ashley Landis/Pool Photo-USA TODAY Sports
“We encourage all citizens to educate themselves, take peaceful and responsible action, and remember to vote on Nov. 3.”
Kenosha has been rocked by civil unrest and violence since Sunday, when police shot Blake, 29, in the back at close range in an incident captured on video. Blake is paralyzed and is being treated for his injuries.
A 17-year-old identified as Kyle Rittenhouse was arrested and charged with homicide on Wednesday in connection with gunfire that killed two people and wounded a third during a third night of protests on Tuesday.
The Magic, who trail 3-1 in the best-of-seven, first-round series, left the court when it was clear the Bucks were not going to play.
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Beyonce’s song “Freedom” rang out in the empty arena in Orlando as the clock counting down to the start of the game ran out.
The Athletic reported that the Bucks players remained in their locker room attempting to reach Wisconsin attorney general Josh Kaul.
The Bucks ownership said they were not aware ahead of time of what the players were planning but supported them.
“The only way to bring about change is to shine a light on racial injustices that are happening in front of us,” co-owners Marc Lasry, Wes Edens and Jamie Dinan said in a statement.
Slideshow (4 Images)
The protests also spilled over to Major League Baseball, with the Brewers and Cincinnati Reds opting not to play their game Wednesday in Milwaukee. The Seattle Mariners and San Diego Padres also agreed to postpone their game, ESPN reported.
The WNBA also cancelled its slate of games for Wednesday. Players on the reigning champion Washington Mystics wore t-shirts that depicted seven bloody bullet holes in their backs.
Protests against racial injustice and police brutality have been at the forefront since the NBA restarted its COVID-19 hit season in a bio-secure bubble at the ESPN Wide World of Sports complex near Orlando last month.
The courts have the words “Black Lives Matter” painted on them and many players are wearing jerseys with social justice slogans, but the Bucks’ boycott was the most dramatic move by a team to date.
Additional reporting by Frank Pingue in Toronto, Editing by Aurora Ellis, Rosalba O'Brien and Richard Pullin
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Copper price to extend rally on “signs of Chinese panic buying” www.mining.com

Copper was once again approaching the psychologically important $3 a pound level on Wednesday on the back of falling inventories, booming Chinese demand and pandemic hit supply from South America, the US and Africa.
Copper for delivery in December trading in New York jumped 1.5% to $2.9965 a pound ($6,605 a tonne) in afternoon trade, bringing gains for 2020 to more than 7% and a whopping 50% since the covid-19 lows struck in March.
“CHINA IS IMPORTING MORE REFINED METAL FROM NEARLY EVERY COUNTRY SUGGESTING A STRUCTURAL SHIFT NOT A TEMPORARY CHANGE”
Jonathan Barnes – Roskill
A new report from Roskill suggests the rally in copper – which has surprised many with its speed – has further to go.
Jonathan Barnes, associate consultant for copper at the London-based metal and minerals research firm, says while the effects of covid-19 could decrease world consumption of the metal by 3%–4% this year, the drop in mine output and scrap flows has been greater.
Signs of panic buying
The effect of this is most visible in the fall in stocks around the world.
Total visible stocks globally, which include those on exchanges and bonded warehouses in China fell by 40% from March to end-July to below 600,000 tonnes. Inventories in LME warehouses are at 13-year lows.
China is responsible for more than half the world’s copper consumption and the country is sucking up copper at record-setting rates.
“China is importing more refined metal from nearly every country suggesting a structural shift not a temporary change,” says Barnes.
“If you are looking for signs of panic buying, you can find evidence of that in China – total Chinese stocks represent less than two weeks’ consumption at current rates of use.”
In the rest of the world, where demand has dropped by much more relative to China, stocks represent only one week of consumption.
Secondary shortfalls
The lack of available scrap – imports are down 50% in the first half – after Beijing delayed new importing rules, has forced the Chinese buyers to replace secondary sources with cathode, further driving down visible inventories.
Roskill estimates a roughly 300,000 tonne shortfall in imports of secondary materials – scrap, ingots and granules – into China in January to July.
Barnes believes global scrap flows may not normalize until the first quarter of next year, but would depend on new rules in China.
Barnes says Roskill’s sources have not been able to confirm that China’s State Reserve Bureau has been buying up strategic stocks of copper, “but if they were, they probably would have done so earlier, when prices were much lower.”
Two-year restocking cycle
Disruptions to mine supply could be between 750,000 to 1 million tonnes in 2020, with eight out of the 10 largest miners recording lower output during the first half of the year.
China’s concentrate imports are down year on year while sourcing anodes and blister from the central Africa copper belt is also hitting roadblocks.
Barnes says China’s two-year restocking cycle is rising in amplitude as the country’s dominance in the copper market increases and he expects an 11.5% rise for the full year in copper imports.
The country has a structural copper market deficit and it restocks whenever LME prices appear attractive. Moreover, says Barnes, China can take a long term view and use tomorrow what it does not need today.
Roskill expects trade data to show another bumper August for imports, despite being a seasonally muted month for shipments.
Parallels to post-GFC
Barnes says the copper price will likely rise further towards the end of 2020, and that the current environment has strong parallels to the rebound in the copper price after the global financial crisis.
Copper hit a low of $1.32 a pound in January 2009, then surged to $3.55 by April the next year on its way to an all-time peak of $4.58 (more than $10,000 per tonne) in February 2011.
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