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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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's foreign trade declines 1.6 pct in 2 months www.xinhuanet.com

Mongolia's foreign trade turnover reached 3.7 billion U.S. dollars in the first two months of 2025, a 1.6 percent decrease compared to the same period last year, according to the National Statistics Office (NSO) on Tuesday.
During the period, exports decreased 8.1 percent to 2 billion dollars, while imports increased 7.3 percent to 1.7 billion dollars.
The decline in exports was mainly influenced by supply of coal, iron ore and combed cashmere from Mongolia to foreign countries.

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Old apartment prices surge by over 15% www.ubpost.mn

The apartment price index increased by 12.7 percent in February 2024 compared to the same period last year, according to the National Statistics Office.
The price of new apartments rose by 7.4 percent year-over-year and by 0.2 percent compared to the previous month. Meanwhile, the cost of old apartments saw a sharper increase, rising by 15.4 percent from last year and by 1.4 percent from the previous month.
The average price per square meter of apartments now ranges between 4.4 million to 4.5 million MNT. Among districts, Sukhbaatar recorded the highest prices, with new and old housing reaching 5.61 million MNT to 5.67 million MNT per square meter. The district also saw the most significant increase in new housing prices, rising 31.1 percent compared to last year, while Khan-Uul recorded the smallest increase at 3.9 percent. For old apartments, Chingeltei District experienced the highest price growth, with a 33.6 percent increase year-over-year, while Songinokhairkhan saw the lowest rise at 12.6 percent.

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Mongolia Projects 7.4 Percent Economic Growth www.montsame.mn

Mongolia’s economy is projected to grow by 7.4 percent this year.
Due to sustained high levels of coal extraction and increased copper concentrate production at Oyu Tolgoi, the mining sector is expected to see accelerated growth. Meanwhile, the agricultural sector is forecast to recover from this past winter’s severe conditions, the fiscal outlook may weaken, and the implementation of major energy and infrastructure projects will boost investment, thereby supporting growth in non-mining sectors. Over the medium term, construction related to these projects will continue throughout 2026, driving economic expansion. However, starting in 2027, external demand is expected to weaken, investment may decrease, and trade conditions could worsen, which are all factors that may dampen growth prospects.
Furthermore, inflation is expected to exceed the target throughout this year, and then stabilize within the target range beginning in the second quarter of 2026. Rising domestic prices for flour, meat, and meat products will drive up food inflation in the coming quarters. As domestic demand grows and the Mongolian tugrug depreciates, prices for both imported and locally produced goods will rise, keeping overall inflation in double digits throughout this year. From next year onward, with economic activity gradually slowing and the base effect of earlier government-regulated service price hikes fading, inflation is projected to stabilize within the target range from the second quarter of 2026. According to the Bank of Mongolia, factors such as unexpected weather events, greater-than-anticipated pass-through of heating and electricity costs to businesses, the implementation of mega projects, fiscal uncertainties, and exchange rate fluctuations could influence these projections.
In January of this year, inflation reached 9.6 percent, 0.6 percentage points higher than the previous month. Economic activity and wage growth led to higher-than-expected increases in the prices of services, rentals, and imported goods. Rising electricity charges and their subsequent pass-through effects also pushed inflation upward. Of the 410 products in the consumer basket, the number of items whose prices increased by 8 percent or more grew, comprising 48 percent of the entire basket.
Foreign trade turnover was robust, and the transport sector grew by 23.1 percent. Driven by domestic demand, other service sectors expanded by 8 percent, contributing 4.8 percentage points to overall economic growth. Increasing economic activity and imports also boosted tax revenues; net product taxes rose 16.1 percent, contributing an additional 2 percentage points to growth.
Coal production reached 100 million tons, and with rising copper and gold production at Oyu Tolgoi, the mining sector expanded by 10.8 percent. However, the agricultural sector contracted by 28.7 percent due to the loss of 9.4 million head of livestock last year.

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Spring session of Mongolia's parliament opens www.xinhuanet.com

The spring session for the current 126-seat unicameral Mongolia's parliament convened here on Monday.
"Mongolia's parliament should pay special attention to creating the legal basis for the implementation of mega projects and fully support the coalition government for the development and progress of the country," parliament speaker Dashzegve Amarbayasgalan said in his opening remarks.
In addition, he noted that in this critical time of geopolitical and economic tension, Mongolia's parliament, as the highest state authority, needs to adhere to the principles of stability and consistent implementation of public policy, support national unity, stability of foreign policy, inter-institutional activity and coordination, and show the right attitude towards each branch of state activity.
According to the speaker, Mongolia's economy grew by 4.9 percent in the end of 2024, which is a relatively weak indicator compared to the same period of the previous year.
Unfortunately, Mongolia's inflation rate, measured by the consumer price index during the last two months of 2025 remained at a two-digit level, and real incomes and wages of workers, households and enterprises are decreasing because of the rising price.
Therefore, it is more important than anything else in the current situation to maintain the economic activity that was beginning to recover in 2023, he added.

 

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South Korea and Mongolia: A Growing Partnership www.insidemongolia.mn

Mongolia and South Korea establish diplomatic relations in 1990, marking the start of their cooperation. Over the years, this relationship strengthens, evolving into a close partnership.
Another One Besides Japan
To date, Mongolia has a Free Trade Agreement (FTA) exclusively with Japan. For the past 2 years, Mongolia has been negotiating a similar agreement with South Korea, and the draft is now finalized. This development raises public concerns, fearing that "South Korea to take the best parts, leaving Mongolia with the scraps." But what exactly are these "best parts" and "scraps"?
Broad Scope: Beyond Trade Tariffs
South Korea, unlike Mongolia, has free trade agreements with 22 countries. The proposed agreement with Mongolia consists of 14 chapters, covering trade, services, and investment, making it more than just a tariff reduction deal, it focuses on broader economic cooperation.
Under this agreement, both countries are expected to grant mutual tariff reductions, ease trade barriers, improve the investment climate, align trade regulations, and expand collaboration in the service sector.
 However…
South Korea's presence in Mongolia's infrastructure, mining, and cultural sectors is expanding. For instance, KT Group to begin importing rare earth elements from Mongolia, and South Korea is involved not only in metro projects but also in railway developments. In this context, we import $956 million from the country since 2023, but our exports are 5 times less than that.
To conclude… Japan, Mongolia's only FTA partner, provides Mongolia with significant non-repayable aid. Strengthening ties with South Korea offers clear advantages, but we need to ensure that the benefits to be balanced.The draft provisions of the free trade agreement are designed to promote mutual economic growth, but careful consideration is necessary to address potential imbalances and ensure that both nations benefit equitably from the partnership.

 

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Mongolia's total number of confirmed measles cases exceeds 50 www.xinhuanet.com

Mongolia has recorded 24 new cases of measles infection over the past 24 hours, bringing the national caseload to 51, according to the country's National Center for Communicable Diseases (NCCD) on Monday.
According to Mongolian doctors, measles is caused by a single-stranded, enveloped RNA virus with one serotype.
In view of this, the NCCD urged parents to pay attention to the symptoms of measles at an early stage among their children and seek emergency medical care immediately.
Measles is a highly contagious viral disease transmitted by respiratory droplets and direct contact.
Common complications include fever, dry cough, runny nose, sore throat and inflamed eyes. The disease can be prevented by immunization.
There is no specific treatment for measles, and most people recover within two to three weeks.A

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Speaker of the Parliament of Mongolia to Pay an Official Visit to the United Kingdom www.montsame.mn

At the invitation of Speaker of the House of Commons of the United Kingdom of Great Britain and Northern Ireland Lindsay Hoyle, Chairman of the State Great Khural of Mongolia Amarbayasgalan Dashzegve will pay an official visit to the United Kingdom of Great Britain and Northern Ireland on March 18-23, 2025.
The United Kingdom of Great Britain and Northern Ireland is Mongolia’s third neighbor and an important partner in Europe. This official visit is the first visit by the Speaker of the Parliament of Mongolia to the United Kingdom of Great Britain and Northern Ireland. The official visit aims at expanding relations and cooperation between Mongolia and the United Kingdom of Great Britain and Northern Ireland, strengthening mutual understanding, increasing the frequency of high-level dialogues, and stimulating cooperation between the Parliaments of the two countries.
Also, the visit is expected to create a favorable legal environment to foster bilateral cooperation in economy, energy, and education.

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Mongolian Company Exports Cloud Technology to Uzbekistan www.montsame.mn

 On March 14, 2025, Fibo Cloud, a Mongolian cloud technology company, signed a cooperation agreement to introduce cloud technology to Uzbekistan with Uztelecom JSC, the leading telecommunications operator in the country.
This is Fibo Cloud's second export to Central Asia in the field of data centers. Two years ago in 2023, Fibo Cloud collaborated with Transtelecom, one of the major datacenters in Kazakhstan, to implement the  (cloud.ttc.kz) project.
Uzbekistan currently has two Tier-3 data centers and intends to expand them to five in the coming years. Representatives of the two countries discussed providing possibility of creating a regional digital marketplace. In this regard, Mongolian technology companies have the advantage of delivering their products and services to Uzbek entrepreneurs in the form of PaaS (Platform-as-a-Service) and making payments easily without establishing a business entity.
The two companies began cooperation in June 2023 and worked on data, security, reliablity, and localization projects for two years. Specifically, numerous services, including a domestic user identification system and connection to the tax system, are accessible to end users through the domain cloud.uztelecom.uz. The cloud computing market in Uzbekistan is growing rapidly and is expected to reach USD 202 million in 2025. It is anticipated to grow at an average annual rate of 28.43 percent from 2025 to 2029, and the market size will reach USD 550.10 million by 2029.
With more than 17,000 employees and more than 10 million customers, the Uztelecom company owns 92 percent of the country's high-speed cable network and generated USD 510 million in revenue in the third quarter of last year, an increase of 13 percent compared to the same period of the previous year. 5G networks have been introduced in all regional centers of Uzbekistan.

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Polish adventurer becomes first man to cross Mongolia’s Gobi Desert by bike in winter www.polskieradio.pl

Polish explorer Mateusz Waligóra became the first person in recorded history to cycle across Mongolia’s Gobi Desert in winter, covering 1,285 kilometers in 26 days.
Despite severe cold, sandstorms, and multiple breakdowns, he finished the trek on foot, pushing his disabled bike for the final stretch.
Waligóra began the journey solo between Altai and Sainshand but was forced to skip about 120 kilometers when his bike suffered a critical failure. Local residents helped transport him to the nearest town, where replacement parts were shipped from Mongolia’s capital. Once repairs were complete, he resumed the route.
Extreme conditions
Throughout the trip, Waligóra faced temperatures plunging below minus 30 Celsius, frequent spoking issues, and jammed electronics.
Shortly before the end, his bike’s frame snapped, forcing him to walk for hours to the finish line.
“I’m exhausted and happy,” he said. “I feel it was worth crossing the Rubicon a second time to experience this short moment of joy.”
In an Instagram post, Waligóra wrote: “Gobi, by bike, in winter, alone. Twenty-six days and 1,285 kilometers… I’m exhausted. I’m happy. This is the moment I feel it was worth crossing the Rubicon a second time. … If you’re not freezing, if hunger and thirst don’t tear at your insides, who is there to envy?”
Return to the Gobi
It was Waligóra’s second expedition to the Mongolian Gobi; in 2018, he became the first person to traverse it on foot. This year, he endured water shortages, hauling multiple thermoses, and navigating flash thaws that turned the frozen desert into mud.
He credits local inhabitants for their hospitality, saying they “never left me in need and always found ways to help.” Waligóra, known for extreme expeditions to remote corners of the planet—particularly deserts—has also crossed Greenland on foot and traversed Australia’s Canning Stock Route.

 

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The Bank of Mongolia Raises Policy Interest Rate to 12 Percent www.montsame.mn

The Monetary Policy Committee of the Bank of Mongolia made the decision to increase the policy interest rate by two percent during its regular session held on March 6-7, 2025. 
As a result, the policy interest rate has been raised to 12 percent. The decision to increase the policy interest rate was driven by the acceleration of inflation, which has reached 9.6 percent, exceeding the central bank’s target level. The surge in electricity prices and its effects, along with heightened economic activity, rising wages, and higher-than-expected increases in the costs of services, rent, and imported goods, have all contributed to inflationary pressures. Consequently, the Bank of Mongolia has shifted away from its previous easing stance at the beginning of 2024 and has now moved toward a tighter monetary policy.
Economic growth reached 4.9 percent in 2024, primarily supported by increased domestic demand, which drove expansion in the trade and services sectors, as well as a rise in net taxes on products. This year, economic growth is expected to be supported by the recovery of the agricultural sector, increased copper concentrate production, and a resurgence in mining activities. Additionally, a more expansionary fiscal stance and the launch of new development projects are anticipated to further stimulate growth. However, uncertainties persist in the external environment due to geopolitical factors and the United States of America's trade and tax policies, leading to expectations of weakened external demand and a relatively gradual decline in benchmark interest rates.
During the regular meeting, the Monetary Policy Committee also decided to set the maximum debt-to-income (DTI) ratio for newly issued and modified consumer loans at 50 percent. Additionally, for pension-backed loans, the committee ruled that after making monthly loan payments, the borrower’s remaining income must not fall below the national minimum subsistence level.

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