May 1, 2025 74 min read Daily News Summaries

Mongolia News Summary for May 01, 2025

The following news articles are the opinions of their authors and publications. They are presented here as translations for informational purposes and do not necessarily represent the opinion of MongolBeat or its members.

Today's Stories

Politics

Announcement of Decisions Made at the Regular Cabinet Meeting

Published: 2025-04-30 | Translated from: ikon.mn

We are presenting the decisions made at the regular meeting of the Government. The photograph was used with the special permission of MPA Agency. The decisions made at the regular Cabinet meeting are being announced. At today's meeting, the following issues were discussed and presented: - Implementation of tax benefits as specified in Article 22.9 of the Corporate Income Tax Law - Tax reform - Draft amendments to the Law on the National Wealth Fund - Social insurance reform - Energy sector reform A total of 24 issues were discussed. VIDEO: https://www.facebook.com/iKonNews/videos/1401633004201408 Warning: Media organizations (Television, Radio, Social and Web pages) are prohibited from using our information, in whole or in part, in any form. It may only be used with agreement and by indicating the source (ikon.mn).

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Guidelines to be Issued for Everyone Regarding Tax Exemptions

Published: 2025-04-30 | Translated from: unuudur.mn

Comprehensive guidelines will be issued for everyone to follow regarding tax exemptions, and methodological advice will be provided. Minister of Finance B. Javkhlan presented information on issues related to the implementation of tax exemptions stipulated in the Corporate Income Tax Law. Relevant ministers were instructed to finalize and register by May this year the required criteria and standards for construction, projects, and operations eligible for these exemptions, aligning them with their respective sectoral policies and ensuring they are entered into the national registry. The Head of the General Department of Taxation, Ch. Chimidsuren, was instructed to issue general guidelines for the public to follow regarding tax exemptions and provide methodological advice. The government initiated and had Parliament approve a draft law amending the Corporate Income Tax Law to grant tax exemptions to enterprises initiating and implementing socially-oriented investments and projects with their own funds, thus sharing the government's burden. Through these tax exemptions, ministries are given the opportunity to guide their policies and ensure private sector participation in solving pressing sectoral issues without relying on the state budget, and to provide organizational support. Therefore, government members must formulate and approve, in accordance with the General Administrative Law, the threshold indicators and standards for the construction, projects, and operations to be covered by the tax exemption, align them with sectoral policies to ensure concrete results, and establish necessary oversight.

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N.Uchral: 'We Will Take a Firm Stance in Negotiations with Ontre Gold. No One Can Override the Law'

Published: 2025-04-30 | Translated from: ikon.mn

The decision made at the regular Cabinet meeting was announced. During this occasion, the Chief of Cabinet Secretariat N. Uchral answered a journalist's question regarding the special permit related to the 'Ontre Gold' company. Journalist: Was the issue regarding the special permit for the 'Ontre Gold' company discussed during today’s government meeting? For example, there is information that an unfavorable proposal, namely an 80:20 split, is being pushed on the government. What solution is being sought regarding this unfavorable proposal? N. Uchral, Chief of the Cabinet Secretariat: The working group for implementing the resolution issued by Parliament regarding Oyu Tolgoi has been led by the Minister of Mining and Heavy Industry. The issues related to tax disputes are being headed by the Minister of Justice and Internal Affairs. No one can transcend or override the law. The law must be enforced. According to Article 6.2 of the Constitution, the majority of the country’s mineral resources must be held by the people, and this should be done through the wealth fund. This must be accessible in the past, now, and for the future. The negotiation threshold is 51 percent. The investment agreement prescribes that with 14 payments and taxes, it exceeds 51 percent. According to the Law on the National Wealth Fund, for a strategic deposit and its derivative deposits, if determined by the state reserve, up to 50 percent can be held. Negotiations will be conducted only within these legal frameworks. That's why in the issue of 'Ontre Gold,' we are strictly adhering to the law. During negotiations, both parties present their most favorable options. For a win-win outcome, both sides make concessions and negotiations progress. However, any negotiation will be conducted strictly within the framework of the laws in force in Mongolia. Thus, negotiations with 'Ontre Gold' will be conducted from a firm standpoint. There can be no negotiation that overrides the law. Note: Media organizations (TV, radio, social and web pages) are prohibited from using our information in whole or in part in any form, except with consent and by citing the source (ikon.mn).

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INTRODUCING: The following decisions have been made regarding the Northern Region

Published: 2025-04-30 | Translated from: unuudur.mn

At the Cabinet meeting, the following decisions were made regarding the Northern Region. More than 190 suggestions and recommendations emerged from the Northern Region Council meeting. Proposals submitted by Members of Parliament elected from the region, provincial leaders, and the general public have been consolidated, and the following government resolutions have been approved: "On Certain Measures to Accelerate Northern Regional Development," "On Certain Measures to Develop Four-Season Tourism," and "On Certain Measures to Support the Development of Industrial and Technological Parks in the Northern Region." The following measures will be implemented within the framework of these resolutions: - The technical and economic feasibility study for a thermal power plant project with a capacity of at least 50 MW to be implemented in Murun soum, Khuvsgul Province, will be developed. - The project for paved roads in the Khuvsgul Province along the Khankh-Khatgal and Jargalant-Shine-Ider-Murun routes will be implemented. - The road construction work along the Dashinchilen-Ölziit-Khairkhan-Rashaant-Murun route in Bulgan Province will be accelerated, and designs will be developed for the roads from Khishig-Öndör-Gurvanbulag to Mogod, and from Bulgan-Murun to Saikhan-Bayan-Agat, as well as Gurvanbulag-Elsentasarkhai. - A program will be implemented to provide concessional loans with a 6.0% interest rate and up to six years maturity to businesses and enterprises engaged in the four-season tourism sector. - Projects for building musical drama theaters in Bulgan and Khuvsgul provinces will be implemented. - To support the development of tourism infrastructure, conditions will be created for direct international flights between the Republic of Korea and Murun soum in Khuvsgul Province, and the airport will be expanded to meet 4C classification requirements. - The technical and economic feasibility study for the "Northern Region Transport and Logistics Center" will be developed. - The "Erdenet Science and Technology Park" will be expanded into a startup support center at the regional level for the Northern Region. - Expansion and renovation works of the Khankh-Mond border checkpoint will be launched. - Engineering infrastructure projects for six local development centers in the Northern Region will be implemented within a public-private partnership framework. - A "Training-Research-Production Complex" for the Northern Region will be established at the Mongolian University of Science and Technology branch in Erdenet City. - In line with the key economic priorities of the region and labor market demand, vocational and technical education organizations in Orkhon, Khuvsgul, and Bulgan provinces will specialize in fields such as nature tourism, mining, and energy. To quickly train and retrain human resources for infrastructure projects, the issue of establishing an inter-sectoral internship and production base at the polytechnic college in Khuvsgul Province will be studied and resolved. - To develop the "Erdenet Medical" specialist hospital, currently under the state-owned "Erdenet Plant" company, into a regional oncology diagnosis and treatment sub-center, it will be transferred to the Ministry of Health. - Funding issues for the construction of a 100-bed building for the Bulgan Province General Hospital will be resolved. - Gradual research will be conducted, and state special protection will be provided for the freshwater reserves, forest resources, peat bogs, and permafrost zone of Khuvsgul Lake and Selenge River basin. - The 140th anniversary of the birth of Agdanbuu Amar, a prominent Mongolian statesman and Prime Minister, will be commemorated in 2026. - 5.2 billion MNT will be allocated to residents whose businesses suffered losses due to the fire at the "Shine Murun" trade and service center building in Khuvsgul Province, as working capital loans for resuming commerce and services.

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Draft Laws and Resolutions Submitted

Published: 2025-04-30 | Translated from: news.mn

Today, the First Deputy Prime Minister and Minister of Economy and Development of Mongolia, L. Gantomor, submitted to the Speaker of the State Great Khural (Parliament) of Mongolia, D. Amarbaysgalan, the draft law on the 2026 Budget Framework Statement and the 2027-2028 Budget Projections of the unified budget of Mongolia. According to the draft law, the Mongolian economy is projected to grow by 6.0% in 2026, and by 6.5% in both 2027 and 2028. Inflation is also estimated to average 7.0% in 2026, 6.4% in 2027, and 6.0% in 2028. Furthermore, the First Deputy Prime Minister, L. Gantomor, highlighted that the balanced budget is planned to have no deficit, meaning total expenditures will be equal to balanced revenues. The draft budget framework statement meets the requirements outlined in Article 6.1, Section 6 of the Law on Fiscal Stability. Minister of Economy and Development, L. Gantomor, also submitted the draft parliamentary resolution on the Development Plan of Mongolia for 2026 to the Speaker of Parliament, D. Amarbaysgalan. The draft was developed to continue the four leading policy directions defined in the "Action Program of the Government of Mongolia for 2024-2028": "Regional Development Policy", "Human Development Policy", "Economic Policy", and "Governance Policy Upholding Human Rights". The main policy direction for the country’s development in 2026 aims to establish "Economic Freedom" in line with a "human-centered" development vision, implementing reforms in budget expenditure, civil service, national wealth fund, and state-owned enterprise governance. L. Gantomor emphasized that these reforms will focus on reducing poverty. The development plan includes: 1. Under the Regional Development Policy, economic freedom will be promoted according to the characteristics of each region. 2. Under the Human Development Policy, poverty and inequality will be reduced, and a well-educated, healthy Mongolian citizen will be developed. 3. Under the Economic Policy, a business environment reform and the establishment of a free economy in line with the human-centered development vision will be implemented. 4. Under the Governance Policy Upholding Human Rights, artificial intelligence will be introduced at all levels of government to create human-centered public services. The Information Office of the State Great Khural reported that through the successful implementation of these four leading policies, economic growth is expected to be maintained at 6.0% in 2026, GDP per capita is projected to reach 8,090 USD, and the poverty rate is estimated to decrease by 5%.

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Economy

Mongolian Investment Forum Held in New York City

Published: 2025-04-30 | Translated from: montsame.mn

Aiming to promote the development of Mongolia’s capital market internationally and to expand cooperation, the “Mongolian Investment Forum: New York 2025” was organized. Chairman of the Financial Regulatory Commission, T. Jambajamts, stated during the event: “In recent years, the Financial Regulatory Commission has focused on strengthening the legal and regulatory framework of Mongolia’s capital market, emphasizing transparency, protecting investors’ interests, and market development, while aligning with international standards. As a result, the valuation of the capital market reached 13 trillion tugriks, an 11.8 percent increase compared to last year, demonstrating increased investor confidence. Moving forward, we are focusing on expanding the capital market, attracting foreign investors, increasing the inflow of direct foreign investment, and developing cooperation with international regulatory organizations.” The forum, aiming to deepen cooperation with international investors and to advance Mongolia’s economic growth and development of its capital market, was attended by representatives from international financial institutions, investors, policymakers, and the private sector. Chairman T. Jambajamts also participated in a public-private roundtable organized by the Alliance for Financial Inclusion (AFI) in Washington, D.C., where participants discussed policy initiatives and regulatory approaches to channel inclusive green finance into real investments and to develop financially resilient systems to climate change, sharing international experiences and ideas. He also attended the annual Spring Meetings of the International Monetary Fund (IMF) and the World Bank. This year’s meetings, held under the theme “Employment – The Path to Prosperity,” provided a platform for global central bank leaders, finance and development ministers, representatives of the private sector, civil society organizations, and researchers to discuss the creation of sustainable jobs for youth in developing countries. Topics such as the global economic situation, growth outlook, financial stability, and poverty reduction were discussed. According to the Financial Regulatory Commission, Mongolia’s participation in these activities was an important step towards introducing international best practices to the country’s financial markets, attracting foreign investment, and strengthening cooperation.

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Proposal to Postpone the Reinstatement of Import Flour Tax and Introduce Regional Quotas

Published: 2025-04-30 | Translated from: ikon.mn

At today's joint session of the Parliamentary Standing Committees on Budget and on Environment, Food, and Agriculture, the first discussion was held on the draft law to annul the Law on Exemption from Customs Duties. Annulment of this law would end the exemption of imported flour from customs duties. Related to the proposal, members Z. Mendsaikhan, B. Beisen, T. Aubakir, Ts. Iderbat, J. Batjargal, L. Munkhbayasgalan, N. Naranbaatar, and Kh. Gankhuyag asked questions and voiced opinions. The members noted that although in the capital city flour is priced at 1,500-1,800 MNT per kilogram at flour mills, when transported 1,700 km to the western region the price almost doubles. Residents in the western region consume about 15,000 tons of flour annually. Therefore, they suggested that rather than immediately revoking the law, the government should allow the transportation and use of cheaper flour from 600 km away, just across the border, by establishing regional quotas and regulatory measures. Minister of Food, Agriculture, and Light Industry J. Enkhbayar mentioned that the Food Law regulates the main issues. The Prime Minister chairs the Food Safety Council, which takes prompt action to ensure price stability and supply of strategic staple foods. However, due to the changes in customs duty regulations for wheat, previous arrangements have been halted. If the new law to annul the exemption from customs duties is approved, the government will continue to implement relevant regulatory measures. Note: Media organizations (TV, Radio, Social media, and Websites) are prohibited from fully or partially using our information in any form unless agreed upon, and must cite the original source (ikon.mn) if use is permitted.

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Position: Investor Countries Express Opposition

Published: 2025-04-30 | Translated from: news.mn

Today, attracting investment is of utmost importance for Mongolia. However, there have always been issues that adversely affect investors in Mongolia. A clear example of this is the recent assault on the executive director of "Badrakh Energy" LLC. Therefore, we are presenting the positions of government members and economists regarding major projects implemented with foreign investment. Ts. Tuvaan, Minister of Industry and Mineral Resources: “During the last autumn session, we initiated and completed the matter of connecting the Gashuunsukhait-Gantsmod border railway. On May 14, the official opening of the railway construction will take place. Preparations and work are underway. In the first week of May, the contract to purchase coal will come into effect. By May 14, work to increase the mine's capacity will begin and contracts will be signed. The shadow of the global trade war has already affected Mongolia. We are happy that we managed to sign a contract with 'China Energy' company in time. Mongolia must deliver approximately 5 million tonnes of coal annually under this contract, regardless of fluctuations in coal prices. The issue of price, which many people criticize and ask about, is currently slightly higher than the price traded on the exchange. Generally, when coal prices fall, this contract serves as insurance, and it is possible for $350-400 million to directly flow into Mongolia's economy each year. Additionally, there is the matter of an international agreement ratified by the Parliament. This investment contract faces a difficult path. Most recently, there was an incident involving the assault on the executive director of 'Badrakh Energy' LLC. Because of this, investor countries, through their embassies, are expressing their opposition to Mongolia. Our ministry also has a contrary stance on this matter. As the saying goes, people talk, and cattle walk; so there are issues to be discussed. If we continue like this, we risk ending up in a situation questioning what we have achieved thus far. N. Uchral, Cabinet Secretariat Chief: “The uranium mining project has been underway for 27 years. Many specialists and experts have worked on it. When I led the working group, there were five sub-working groups led by five ministers from various sectors such as environment, mining, economic benefits, and taxation. These sub-groups concluded on how to ensure a 51% benefit for Mongolia. Afterwards, the matter was brought to a cabinet meeting and, following process, approved by Parliament. So, this is not a matter for just one person. It is an international investment agreement decided by Mongolia’s parliament itself. Thus, foreign countries obviously view it as a decision by our parliament. Yet, to crudely attack someone newly appointed on a matter settled by the state's highest authority is not a private issue. This is a matter of national reputation. Therefore, if one wants to address the issue, it should be done through members of Parliament, local authorities, or the working group leaders, and handled legally and wisely. This is not merely a concern for one or two people. There must be stability for international investment contracts ratified by parliament. I hope the public approaches this consciously. Citizens have the right to speak up, express their opinions, and criticize. Throughout the contract process, many discussions were held by specialized sub-working groups. If there are serious matters that need attention, they should be discussed with the relevant ministries so that constructive feedback can be provided, enabling more foreign investment to come into Mongolia. We should not approach issues without full information. Economist D. Jargalsaikhan: “The 14 mega-projects cost at least 30 trillion tugriks. Mongolia does not have this money. Therefore, we can only do this with foreign funds. Foreign funds are not going to run out, while Mongolia lacks capital. Therefore, we need to attract investment and operate according to internationally recognized rules and procedures. We should implement projects with other people’s money and then share the profits—if we are wise enough for that. If not, all we have left is to argue among ourselves. The current legal environment in Mongolia is not conducive to attracting foreign investment. Over 100 complaints have been filed regarding foreign investment issues, 75% of which remain unresolved. Foreign investors are being cheated, their land and assets are confiscated. High-ranking officials are doing this and then parading as heroes in society. Therefore, we must establish justice and build trust. Secondly, unless laws concerning foreign investment are applied consistently, why would anyone invest here? We must understand why foreign investment comes. Foreign and domestic investments have major differences. Foreign investment consists of three things from outside: first is capital, second is technology, and third is market access. When they enter Mongolia, they do not come to invest for just 3.5 million people—they come to use Mongolia as a gateway to global export markets, a power that local companies lack. So, it is time to team up with the big players and allow the world’s largest companies to enter. Otherwise, all we’ll do is keep squabbling among ourselves. The investment law should be a fundamental law: unchanging, transparent, protective, and supportive. In the previous parliament, there were issues regarding the amount, land, and tax of investment. Unless these are regulated by specific laws, the investment law itself cannot cover everything. This time, we must all properly understand and develop this matter. Also, there is mining tax—humanity's only tax on mineral extraction. That tax must be allocated to the local people, but it still hasn't been done. This causes land disputes. The state must answer this question. Some people, not understanding the matter, are agitating, seeking to make money, become famous, or become politicians—which, from the outside, looks laughable and pitiable.”

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Proposal to Reinstate Duty-Free Status on Imported Flour if Prices Rise Not Supported

Published: 2025-04-30 | Translated from: news.mn

At today's session of the Standing Committee on the Budget of the State Great Khural, the initial discussion was held on the draft law which aims to invalidate the law exempting customs duty. The draft law, submitted by the government, proposed to reinstate the exemption from customs duties for imported flour and animal feed. During the discussion, MP M. Badamsuren initiated a draft resolution of the State Great Khural proposing that if the six-month average price of flour rises according to the National Statistics Committee, flour should be exempted from customs duty. Additionally, the current practice of exempting animal feed by 50% from customs duty should continue. However, this proposal did not gain majority support and was thus rejected. Before the vote, MP M. Badamsuren gave the following statement: “I understand that the government has decided not to increase any kind of taxes or fees. However, I believe this decision does not align with the established policy. If a 15% customs duty is imposed again on imported flour, and a 5% customs duty is imposed on animal feed, there is public concern about potential price increases. Therefore, I would like to put this draft resolution to a vote. Some people say that household consumption of flour is not very high, but for households with income below the minimum subsistence level, the price of flour is highly significant. We cannot think about citizens solely based on our official salaries. Principally, I support domestic production, but there are issues with monopolistic factories raising flour prices. Some directors of flour mills have even threatened to take action. Therefore, I believe it is necessary to have a flexible regulation to decide whether to reinstate customs duties on imported flour under certain conditions.” However, the Chairman of the Budget Standing Committee, Ts. Davaasuren, stated: “When the initial decision to zero the duty on flour and wheat was made, the Minister of Food, Agriculture, and Light Industry was against it but was overruled. In truth, this policy was driven mostly by those seeking election in the western provinces. Even though we have 76 parliamentarians, the lack of independent thinking has led to this situation. It was the fault of supporting the suggestions of only a few people. There are many such 'headless' people here, which is why things like this happen.” Consequently, the Standing Committee decided to submit its opinion and conclusion that the draft law on invalidating the customs duty exemption had been prepared for its first reading, and this will be presented at the plenary session of the State Great Khural.

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There Is No Option But to Increase Revenue and Overcome Difficulties through the Alt-3 Campaign

Published: 2025-04-30 | Translated from: news.mn

Minister of Industry and Mineral Resources Ts. Tuvaan provided an update. Minister of Industry and Mineral Resources Ts. TUVAAN: - A working group for the revised draft of the Mineral Resources Law has been established through an order from the Speaker of Parliament and is currently active. Our ministry staff are involved in the sub-working group. Significant amendments are being discussed within the framework of the mineral law. However, there is no specific provision related to gold. The "Alt-3" (Gold-3) program has been approved to start. There has been volatility in the global economy. For our country, most of our revenue comes from mining products, which account for 93-94% of our exports. State-owned and local government-owned companies trade through the exchange, while private companies export on their own. Among these products, the only one shining right now is gold. Its price has reached a historic high. The price per gram of gold is now 370,000-380,000 tugriks, and one kilogram of gold is 370-380 million tugriks. The reason for announcing the "Alt-3" program is that only the Bank of Mongolia buys gold for tugriks. In this way, we increase gold reserves and, when needed, sell to foreign companies to obtain foreign currency. Therefore, launching the "Alt-3" campaign to increase revenue and overcome difficulties is unavoidable. This resolution itself is intended to mitigate the negative impact of tariff changes—whether this will be a new law or an amendment to current law is under discussion, and we will decide quickly. - There are no confirmed gold reserves. What support is there for exploration? - There is nothing related to exploration. We have over 560 gold licenses. Of these, 85% are for placer deposits and the rest are for primary deposits. Although there are many placer mining licenses, only about 15% of the extracted gold comes from them. Discussing the main deposits falls within the full authority of the Parliament. This issue will be prepared and submitted soon. One anomaly in our sector is that Mongolia has 600-700 exploration licenses, but 1,700 mining licenses. Normally, there should be five to six times more exploration licenses than mining licenses. In our country, the issuance of exploration licenses is often halted due to elections and politics. Licensing has now restarted as of March 1. - Can you provide information about the Oyu Tolgoi company? - The Oyu Tolgoi issue is very important and involves substantial amounts of money. Last week, this was presented at the standing committee. Today, it will be introduced to the Government, and a working group has been established. Soon, this group will work on specific decisions and submit them from the Government to Parliament. The reason this involves Parliament is that Mongolia declared its strategic deposits in 2007. Of 16 deposits, the boundaries of 8 have been defined. In April, our ministry finalized the boundaries. Within these borders are both the Oyu Tolgoi and Oyu Tolgoi licenses. The authority to decide the status of strategic deposits lies with Parliament. The Oyu Tolgoi company deposit contains 24% of Oyu Tolgoi's total copper reserves, 42% of its gold reserves, 29% of its silver reserves, and 190,000 tons of molybdenum reserves.

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BULGAN: Implementation of 15 Investment and Development Projects Planned

Published: 2025-04-30 | Translated from: montsame.mn

The first meeting of the Northern Region Council was held in Bulgan province on April 28-29. During this initial session, the Government of Mongolia, attending with its full Cabinet, included the following investment and development projects for Bulgan province in a government resolution: 1. Accelerate the Eg River Hydroelectric Power Plant project.
2. Expedite the feasibility study and design of a paved road on the Baga-Ilkh border post to Hutag-Undur route.
3. Celebrate the 140th anniversary of Mongolia's first Prime Minister A. Amar in 2026. As part of this, build a paved road connecting Bulgan province to Bugat soum and construct a memorial complex in Bulgan soum to honor A. Amar's achievements.
4. Resolve funding for the construction of a new 100-bed regional hospital in Bulgan province.
5. Include funding for the Provincial Musical Drama Theatre in the Mongolian Development Plan for 2026.
6. Allocate financing for the construction of the "Business Incubator Center" in the 2026 budget.
7. Investigate the debt and ownership issues of the Thermal Power Plant and prepare recommendations for future actions.
8. Connect Bayan-Agt, Saikhan, and Mogod soums with state-standard paved roads, and resolve funding for the design work of the Gurvanbulag-Elsen Tasarkhai road in 2026.
9. Study the establishment of a "Transport Logistics Center."
10. Implement engineering infrastructure for the 6 local development centers in the Northern Region.
11. Study and present proposals for establishing an "Agricultural Raw Material and Product Production Technology Park."
12. Change the planned location of a roadside service complex in the territory of Rashaant soum.
13. Increase the cultivation of new types of crops and animal feed plants.
14. Develop four-season tourism. In this regard, provide concessional loans at 6% interest for up to 6 years to entrepreneurs and businesses operating in this field.
15. Issue a recommendation for a "Digital Province, Smart City" initiative. These and other projects will be implemented as planned.

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State Bank JSC Holds Its Regular Shareholders' Meeting

Published: 2025-04-30 | Translated from: ikon.mn

State Bank JSC held its regular shareholders' meeting. During the meeting, the bank's operations and financial report were presented to the shareholders, and in addition, a draft resolution to approve the conclusions made by the Board of Directors regarding the 2024 operational and financial reports of State Bank was discussed and approved. State Bank JSC, operating nationwide with 500 branches, more than 4,000 employees, and 2.3 million customers, offered 5.71% of its total shares to the public in 2022 in accordance with the Banking Law, raising 25.4 billion MNT. As a result, the Ministry of Finance's shareholding became 49.26% and the Deposit Insurance Corporation's shareholding became 45.03%. State Bank became one of the systemically important banks to enter the capital market. During the shareholders' meeting, B. Telmun, Chairman of the Board of Directors, emphasized that State Bank is focusing on creating a system that sustainably and inclusively provides comprehensive financial services aimed at environmentally friendly, human rights-respecting, socially responsible, transparent, and good governance practices, as well as supporting green development and fostering the middle class using advanced technology. He also pointed out that State Bank consistently meets prudential ratio requirements set by the Bank of Mongolia and has been listed in the TOP-20 index of the Mongolian Stock Exchange for consecutive years. Furthermore, O. Gantor, CEO of State Bank JSC, presented the improvements in the bank's financial indicators during the meeting. He highlighted, "State Bank was established in 2009 with assets worth over 130 billion MNT and today, its total assets have reached 6.2 trillion MNT, occupying a significant position in the banking system." Over the past three years, the bank's total assets have increased by 18.2%, with loan portfolios making up 56% of total assets. The loan portfolio reached 3.5 trillion MNT in 2024, an increase of 44% from the previous year. Net profits of State Bank have also increased year after year. Over the past three years, net profit rose by 41.3%, and last year the bank posted a profit of 108 billion MNT, stated CEO O. Gantor. Moreover, State Bank's dividend return was 13% in 2024, and 44.6% of last year's net profits were distributed as dividends this year, which is relatively high compared to other systemically important banks. The bank's management announced their intention to consistently increase net profits and dividend returns, and not to reduce them in the future. Confident in a Green Future Notice: Media organizations (TV, Radio, Social and Web pages) are prohibited from using our information in whole or in part in any form, except with consent and only with mention of the original source (ikon.mn).

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Khan Bank JSC distributes dividends to its shareholders

Published: 2025-04-30 | Translated from: ikon.mn

The Board of Directors of Khan Bank JSC has decided to allocate 373.5 billion MNT, which is 58.5% of its total net profit for 2024 (638.5 billion MNT), as dividends to shareholders in the form of cash payments. This equates to 195.35 MNT in dividends per share. Upon receiving approval from the regulatory authorities, today Khan Bank JSC transferred the after-tax dividends to the shareholders' securities accounts via the "Central Securities Depository" LLC. Shareholders can contact their respective securities company to request the transfer of their dividend from the securities account to their commercial bank account. Notice: Media organizations (TV, Radio, Social media, and Websites) are prohibited from using this information in whole or in part in any form, except when agreed upon in advance, in which case the source (ikon.mn) must be properly cited.

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ORKHON: Government Working Group Meets with Mining Company Representatives

Published: 2025-04-30 | Translated from: montsame.mn

The government working group visited Orkhon province. Representatives from the management of "Erdenet Mining Corporation" SOE, and legal entities utilizing secondary deposits — "Erdenmin", "Achit-Ikht", and "Zes Erdeniin Khuv" — were received. Attending the meeting were Member of Parliament, Minister and Chief Cabinet Secretary N. Uchral, the Prime Minister's Plenipotentiary Representative J. Bat-Zandan, Deputy Chief Cabinet Secretary D. Tsolmon, Director of the State Property Policy and Regulation Agency B. Tsengel, CEO of "Erdenes Mongol" LLC S. Narantsogt, General Director of "Erdenet Mining Corporation" SOE G. Yondon, CEO of "Erdenmin" LLC S. Munkhbayar, Head of the Working Group of "Achit Ikht" LLC D. Tsogbaatar, CEO of "Zes Erdeniin Khuv" LLC B. Munkhbaatar, and other officials. The working group led by Minister and Chief Cabinet Secretary N. Uchral familiarized themselves onsite with the operations of companies utilizing secondary deposits and listened to the opinions of their management. During this meeting, both sides emphasized the necessity of establishing proper legal regulations for the appropriate use of secondary deposits in the future.

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Diplomacy

Embassy Issues Warning About Detained Mongolian Citizens

Published: 2025-04-30 | Translated from: news.mn

The Embassy of Mongolia in Japan has issued the following cautionary information. Specifically, they report: "Recently, as the number of Mongolian citizens traveling to Japan has increased, so have incidents where Mongolians are suspected of theft crimes and subsequently detained. These cases are being reported in Japanese media, spreading across social networks, and leading to a decline in Mongolia's reputation. Furthermore, there has also been a rise in cases where Mongolian citizens have fallen victim to theft, such as losing money or personal belongings, while in Japan. Crimes such as shoplifting, pickpocketing, and burglary are considered theft under Article 235 of Japan's Criminal Code. These offenses carry severe penalties, such as up to 10 years in prison or a fine of up to 500,000 yen. In Japan, there are extensive security measures in place, including security cameras, alarms, plainclothes police officers, and vigilant business owners and citizens. Therefore, anyone committing theft is certain to be caught, and even if not apprehended immediately, the act can lead to the erosion of one's morals and more serious crime in the future. Therefore, we urge citizens not to commit theft crimes and to prevent becoming victims of theft by behaving responsibly, carefully protecting and supervising your belongings, raising awareness and knowledge about crime prevention, and immediately reporting any suspicious behavior or circumstances to the police or relevant authorities. We urge everyone to strictly adhere to laws, regulations, and safety measures. We trust that you will heed our advice, protect your and your nation's reputation, and cooperate in strictly following the rules and laws."

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Expanding Mongolia-Spain Relations with an Economic Focus

Published: 2025-04-30 | Translated from: montsame.mn

As part of an official visit to the Kingdom of Spain, Mongolia's Minister of Foreign Affairs, B. Battsetseg, held official talks with Spain's Minister of Foreign Affairs, European Union and Cooperation, José Manuel Albares. During the meeting, the two sides discussed in detail the expansion of Mongolia-Spain relations on the basis of shared values such as democracy, human rights, and the rule of law, and how to effectively implement their respective development policies. Minister B. Battsetseg introduced Mongolia’s development policies and major objectives, emphasizing the broad opportunities for mutually beneficial cooperation with Spain. As a result of the talks, both sides agreed to expand bilateral relations in the fields of economy, investment, trade, agriculture, light industry, tourism, and culture and education. They also confirmed plans to create a favorable legal environment to boost cooperation, specifically by finalizing agreements on "Air Transport Relations," "Mutual Recognition of Driving Licenses," and "Visa Exemption for Holders of Diplomatic and Official Passports" in the near future. Additionally, Minister B. Battsetseg outlined Mongolia’s foreign policy priorities and international initiatives, notably the "Global Women Entrepreneurs Summit" to be held in Ulaanbaatar in August 2025 and the 17th Conference of the Parties to the UN Convention to Combat Desertification, also scheduled for Ulaanbaatar in 2026. Mongolia expressed its intention to work closely with Spain in preparing for these events. The two sides highlighted the importance of high-level reciprocal visits in strengthening bilateral ties and agreed to organize state and foreign ministers’ visits and political consultations soon. They also signed a memorandum of understanding between the two countries' diplomatic academies to train specialists in international relations and Spanish language studies. Both parties reaffirmed their commitment to strengthening cooperation within the United Nations and other international organizations and exchanged views on various international issues, according to the Ministry of Foreign Affairs.

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UNWTO Secretary-General to Visit Mongolia

Published: 2025-04-30 | Translated from: montsame.mn

During her official visit to the Kingdom of Spain, Minister for Foreign Affairs B. Battsetseg visited the headquarters of the World Tourism Organization (UNWTO) located in Madrid and held a working meeting with Secretary-General Zurab Pololikashvili. Minister Battsetseg highlighted that the Government of Mongolia is striving to make the tourism sector a key sector of high importance for the country's economy and presented Mongolia's goals and activities being implemented in this field. She also spoke in detail about the initiatives, events organized within the framework of the 'Visit Mongolia Year,' and the introduction of the GoMongolia national brand internationally. Furthermore, an agreement was reached to arrange an official visit by the Secretary-General of the UNWTO to Mongolia in the near future. Prior to the implementation of this visit, a meeting will be organized between the Minister responsible for Culture, Sports, Tourism, and Youth Issues and the UNWTO Secretary-General, where they will discuss broad opportunities for cooperation and priority areas for joint activities. The UNWTO will provide professional recommendations and cooperate on attracting investment in the tourism sector and developing infrastructure. It was also agreed to hold promotional events to present Mongolian history, culture, and tourism during major international conferences and forums organized by the UNWTO. In collaboration with the UNWTO, Mongolia will host the Executive Course for the Asia-Pacific region’s tourism sector in Ulaanbaatar in May, with representatives from more than 20 countries in the region expected to participate. On this occasion, there will be discussions on developing culture and sustainable tourism, deepening the current trends and understanding in the sector, promoting knowledge exchange, and discussing tourism policies and strategies, according to the Ministry of Foreign Affairs.

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Infrastructure

The Government Meeting Will Discuss Reforms in the Energy Sector

Published: 2025-04-30 | Translated from: montsame.mn

The regular meeting of the Government has started at the State Palace. During the meeting, the implementation of the tax incentives specified in Article 22.9 of the Law on Corporate Income Tax, reforms in the energy sector, social insurance and the tax environment, as well as the draft law on amendments and modifications to the Law on the National Wealth Fund, will be discussed. A total of 24 issues are included in the agenda of the meeting.

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Mortgage Loans to Be Provided for Private Houses in Ger Districts and Rural Areas

Published: 2025-04-30 | Translated from: news.mn

Minister of Family, Labor, and Social Protection L. Enkh-Amgalan responded to journalists on some current issues. Regarding mortgage loans, he stated that there is no other way but to provide them to the targeted groups according to the limited budget. The reason that the period is being extended rests on two causes. First, they are studying to determine to whom and how to provide loans with 6% and 8% interest rates. This work is nearly complete. However, unfortunately, the dividends that should accumulate in the savings fund are expected to be around 500 billion tugriks this year. The companies will issue dividends at the end of the year. When this money comes into the savings fund, it will be directed back into mortgages. Therefore, mortgage loan accessibility might improve toward the end of the year. Second, they will study the target groups. There is no need to identify target groups and cause public frustration if there is no available money. Third, they will amend the current mortgage loan system to be consistent with the existing regulations. Under the previous regulations, mortgage loans were not issued for private houses. With the recent changes, mortgage loans will be provided for private houses that meet the standards, especially in ger districts and rural areas.

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Implementation of Wind Power Plant Project in Dundgovi Province

Published: 2025-04-30 | Translated from: unuudur.mn

During his participation at the "Mongolia Investment Forum-2025" held in New York, USA, Deputy Prime Minister T. Dorjhand, representing the National Committee for Energy Reform, signed a memorandum of understanding with the leadership of "UPC Renewables," one of the leading companies in renewable energy. This company has decided to implement a project to build a wind power plant with an installed capacity of 2400 MW in Dundgovi Province. As a result, both parties emphasized that it will be possible to store and use renewable energy resources, not only to meet the regional demand but also to export to the nearest potential markets, and to reduce carbon emissions. T. Dorjhand, chairman of the National Committee for Energy Reform, stated, "We aim to increase clean energy exports, contribute to regional development, and open new economic opportunities." Andrew John Sutherland of "UPC Renewables" said, "Through this partnership, it is possible to build a world-class station in Dundgovi Province and ensure the stability and security of central Mongolia's energy supply. We are committed to attracting international investment to Mongolia and contributing to the development of industry." J. Suvd

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APBKH: Five out of 14 Mega Projects Have Started Successfully

Published: 2025-04-30 | Translated from: news.mn

At the meeting of the Standing Committee on Industrialization Policy of the State Great Khural (Parliament), information was heard regarding the progress of the 14 mega projects included in the Government of Mongolia's 2024-2028 action program. Afterwards, the committee adopted a draft resolution to establish a working group to study the implementation progress of these mega projects, accelerate their activities, and offer policy-level recommendations. Member of Parliament D. Uuriintuya will lead this working group. Of the mega projects, financing has been secured and work is progressing intensively on five initial projects: the construction of the Gashuun Sukhait-Gants Mod railway, the Erdeneburen hydro power plant, the oil refinery, the Zuuvch-Ovoo uranium project, and the Tavantolgoi 450 MW thermal power station. Specifically, the oil refinery is planned to be commissioned in 2028, and once operational, it will produce 1.3 million tons of products annually, supplying 55% of the country's domestic demand. For the Mongolian-French joint Zuuvch Ovoo uranium project, around 60% of the accompanying contract work has been completed, and about 10% of the construction work is done. Once the plant operates at full capacity, it will export 2,500 tons of uranium annually. 75% of the main construction and installation work, such as the bridge and pipes, for the 90 MW Erdeneburen hydro power plant has been completed. Upon commissioning, it will generate 366 million kWh of electricity annually. The construction period of the cross-border Gashuun Sukhait-Gants Mod railway project is planned to be 22 months, and a food laboratory is also being established at the port. After the laboratory is commissioned, it will be possible to transport food and goods through the port. In addition, the infrastructure installation for the Shivee Khuren-Sekhe port on the western and eastern railway axes has been fully completed. The construction of accommodation for 600 workers at the Khangi Mandal port has also been finished. A copper processing complex is planned to be built with about $1.1 billion in foreign investment. The feasibility study for the complex has been prepared and the project is at the pre-tender stage. As part of the factory's establishment, the installed capacity of the Erdenet plant's thermal power station has been expanded by 48 MW, and once operational, the plant will process 124,100 tons of cathode copper.

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Issues Facing the Construction Sector Discussed at the "CONSTRUCTION MARKET–2025" Forum

Published: 2025-04-30 | Translated from: ikon.mn

The Mongolian National Association of Construction in cooperation with the Ministry of Urban Development and Housing organized the "CONSTRUCTION MARKET–2025" forum at the Soyombo Hall of the Tuushin Hotel. The forum discussed how Mongolia's economic situation is affecting the construction and development sector, as well as providing consolidated information on the market status, financing, investment, and research in the construction market. The event was opened by N. Bayarsaikhan, President of the Mongolian National Construction Association, and S. Tömörkhüü, State Secretary of the Ministry of Urban Development and Housing. About 250 participants attended, including representatives from the government and private sector — major investors, construction contractors, designers, architects, and material manufacturers in Mongolia. The annual meetings of the International Monetary Fund and the World Bank are ongoing. Due to the sharp increase in US tariffs (import taxes), trade wars, and policy uncertainties, the IMF has significantly lowered its forecast for global economic growth. For instance, global growth is projected to fall by 0.5 percentage points to 2.8%, and the economic growth of developed countries has also been downgraded. Additionally, the growth forecast for China, Mongolia’s main trading partner, has been reduced from 4.6% to 4.0% for 2025. Since much of Mongolia's exports depend on China, economists predict that China's slowing growth will negatively impact Mongolian exports. Furthermore, the global geopolitical situation, changes in construction material prices in China, and Russia's economic state are creating uncertainties on the world market and increasing the tendency of investors to avoid risks. This situation could also reduce investment interest in Mongolia, leading to less funding in the construction sector and delaying the start of new projects. Therefore, the forum encouraged relevant government and private sector organizations to listen to the latest global economic information and integrate the forum’s recommendations into future activities. It advised countries to prioritize budgets, investment environments, and mega projects in a manner that minimizes risks and enables smart, proper planning should potential issues arise in the future. The forum issued the following recommendations: ON ENSURING THE IMPLEMENTATION OF GOVERNMENT POLICY ON THE CONSTRUCTION SECTOR - Monitor and evaluate the implementation of the second phase (2022–2025) of the state’s construction sector policy, identify objectives and measures that are insufficient or unimplemented, and draw conclusions. - Organize independent assessments of policy implementation, and, where necessary, propose changes to the policy documents. - Coordinate and improve cooperation between state and non-governmental organizations and private sector enterprises in awarding and implementing policy documents. IMPROVING THE LEGAL FRAMEWORK - Further improve and stabilize the legal framework for the construction and real estate sector. - Develop and modernize professional standards for the construction sector in line with international practice, and establish legal regulations to boost private sector participation. - Refine the procedures for granting licenses for professional training. - Improve construction contracts and introduce FIDIC contracts (International Federation of Consulting Engineers). - Strengthen legal foundations for occupational safety requirements and the system of insurance for accidents and injuries in the construction sector. - Increase legal requirements for health checks and preventive screenings. - Modernize the legal regulation of foreign labor and improve the management and control systems. - Refine land-related policies. - Under public–private partnership, enhance cooperation between construction companies and professional training institutions, establish joint training and internship centers, and support joint research and innovation projects by improving the legal environment. ON URBAN PLANNING AND INFRASTRUCTURE - Align city development master plans and long-term plans with regional development policy, and implement strategies to support satellite city development. - Identify investment priorities for upgrading and increasing the capacity of engineering networks and increase investments in the modernization and expansion of these networks. - Tighten road infrastructure requirements in construction zones. - Build roads and bridges connecting satellite cities and new residential areas. REDUCING FINANCING DIFFICULTIES - Establish a dedicated financing fund for the construction sector. - Introduce long-term, low-interest loan products for construction. - Create tax incentive mechanisms to attract foreign investors. - Develop concessional loan programs for the production of construction materials. - Develop public–private partnership models to increase private company participation in tenders and ensure corruption-free processes. - Continue to issue mortgage loans that support construction and housing, a key measure to reduce air pollution, and increase accessibility for all population groups, including single-family homes. REDUCING THE RISE IN CONSTRUCTION MATERIAL PRICES AND IMPORT DEPENDENCE - Introduce tax incentives to support domestic production of construction materials. - Support research and development of building materials based on local raw materials. - Optimize customs duty policies on imported construction materials. - Improve the supply, logistics, and storage systems for construction materials. - Introduce a system to calculate and monitor the construction material price index. ON DEVELOPING PROFESSIONAL WORKFORCE - Improve the system of training and qualifying professionals for the construction sector, aligning training programs with labor market demand. - Support professional training and production centers, strengthen workforce capacity and retraining. - Implement programs to study and introduce foreign technology and experience. - Create tax incentives for construction companies to develop internal training systems. - Implement programs to encourage specialists trained abroad to return and work in Mongolia. - Legislate scholarships for vocational students and provide favorable loan conditions. ON CONSTRUCTION QUALITY AND SAFETY - Modernize construction inspection systems, increase accountability, and improve coordination among government agencies. - Align building quality standards with international practices. - Develop, approve, and enforce standards for single-family and affordable housing. - Tighten seismic load requirements and enhance oversight. - Expand the network of laboratories for construction material quality control. - Implement energy-efficient building standards and provide tax incentives to companies introducing green building technologies. - Support research and development of environmentally friendly construction materials. - Provide financial support for projects that reduce building heat loss. - Improve the e-permit system for construction and increase transparency in government services. Attention:
Media organizations (television, radio, social networks, and websites) are prohibited from using our information in whole or in part in any form, except by agreement and citing the source (ikon.mn).

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14 Companies Submit Bids for Two Packages Worth ₮826 Billion to Build Housing for 4,362 Households in Selbe Subcenter

Published: 2025-04-30 | Translated from: ikon.mn

Out of the total 10,063 apartments in 113 residential blocks planned for the Selbe subcenter, two tenders were announced last month to select contractors to build apartments for 4,362 households. The budget for the first package is 373.6 billion MNT, and for the second package, 453.4 billion MNT. The funding for these projects will be covered by the local government budget. These two tenders were opened on the 23rd of this month. Nine companies submitted price proposals for the first package: - Sinohydro Ninth Bureau Engineering Co. of China: 475.6 billion MNT, without discount, no bid security
- Shandong Haining Construction Group: 373.4 billion MNT, with bid security
- CSMC: 373.2 billion MNT, with bid security
- China Construction 6th Engineering Group: 368.8 billion MNT, with bid security
- Changda Municipal Engineering Guangdong Co. Ltd: 362.4 billion MNT, with a 3.99% (14.4 billion MNT) price discount, making the final price 347.9 billion MNT, with bid security
- Shanghai Baoye Group: 361.6 billion MNT, with bid security
- China Road and Bridge Corporation: 359.3 billion MNT, with bid security
- Huashan International Engineering Mongolia LLC: 349.6 billion MNT, with bid security
- China Tiesiju Civil Engineering Group Co., Ltd.: 344.7 billion MNT, with bid security For the second package, a total of six companies participated: - PowerChina Construction Group Ltd: 552.5 billion MNT, bid security not shown
- Shandong Luqiao Group Co., Ltd: 453.4 billion MNT, with an 18.5 billion MNT discount and 2 billion MNT bid security
- China Construction Third Engineering Bureau Co., Ltd: 448.6 billion MNT, with 2.2 billion MNT bid security
- Shanghai Baoye Group Corp., Ltd: 441.6 billion MNT, with 2.2 billion MNT bid security
- Changda Municipal Engineering Guangdong Co. Ltd: 439.8 billion MNT, with 2.2 billion MNT bid security
- China First Highway Engineering Company Limited: 424.1 billion MNT, with 2.2 billion MNT bid security deposited in a Mongolian bank Thus, 14 companies have participated in the tenders to build housing for 4,362 households in the Selbe subcenter, the majority of which are Chinese companies. The Tender Evaluation Committee is now reviewing whether these companies meet the requirements. Notice: Media organizations (TV, radio, social media, websites) are prohibited from using our material in whole or in part in any form, and may only do so with consent, citing the original source (ikon.mn).

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Wind Power Plant Project to be Implemented

Published: 2025-04-30 | Translated from: montsame.mn

The National Committee for Energy Reform of Mongolia and UPC Renewables, one of the world’s leading renewable energy companies, signed a memorandum of understanding yesterday in New York City. The company will implement a wind power plant project with a total installed capacity of 2,400 MW in Dundgovi province. The project aims to efficiently utilize Mongolia’s renewable energy resources, export the generated clean energy to the regional market, especially to China, enhance the reliability of domestic electricity supply, and contribute to reducing the country’s carbon emissions. Mongolia’s Deputy Prime Minister and Chairman of the National Committee for Energy Reform, T. Dorjkhankh, highlighted, “Mongolia has taken a step to fully utilize its immense potential in renewable energy. We aim to increase exports of clean energy, contribute to the region’s green development, and open up new economic opportunities.” Andrew John Sutherland, CEO of UPC Renewables Asia Pacific, said, “This partnership allows us to harness the wind resources of Dundgovi province, export energy to China, and provide reliable, competitively priced clean electricity to Mongolia’s central power grid. We will work to attract international investment to Mongolia and contribute to the sustainable development of local industries.” According to the National Committee for Energy Reform, the project aims to locally manufacture certain components for renewable energy facilities, build and commission the project, and establish a training center to provide the necessary skills.

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The Proliferation of Unauthorized Construction Becomes a "Malady"

Published: 2025-04-30 | Translated from: unuudur.mn

If the building had been constructed with fire-resistant materials and if the laws, regulations, and safety protocols had been followed, perhaps the more than 200 residents of the 63 households in Building No. 207 would still have their homes today. This is a thought many had during the trial concerning the "Dunjingarav Explosion" case. The court returned the case to the prosecutor's office for further investigation, as it needs to be determined whether the building met the requirements specified in Articles 17.2 and 17.3 of the Fire Safety Law when it was accepted by the State Commission. Furthermore, defense lawyer T. Sainbayar remarked, "It has been established by the Disaster Research Institute that the polystyrene panels used for the exterior insulation of Building No. 207 are of a class that burns normally, ignites easily, and supports combustion. Instead of using materials of the second class fire resistance, materials of the fourth class, which support fire, were used for insulation. How can the conclusion be accurate when this was not examined?" This residential complex has 12 floors and falls into the category of "high complexity" in terms of its intended use and capacity. In other words, our emergency services are very limited in their ability to fight fires in buildings with 9-16 or more floors. Although there should be extra attention to the safety of buildings that have high risks during disasters such as fires and earthquakes, the oversight is very weak, as shown vividly by the example of Building No. 207. Just a few days ago, a service building located near fuel stations caught fire, nearly resulting in a disaster. Meanwhile, new high-rise buildings of unknown composition are expanding daily, causing residents to live in increasing anxiety. 127 Buildings with Violations
When aiming to construct residential or service buildings in public areas, one must first approach the Urban Development and City Standards Agency of the capital city. Many steps and documents are required from obtaining land approval to official acceptance after completion, but ignoring these, a "malady" of constructing buildings without initial permits has become rampant, experts say. For example, Z. Ganbat, a senior inspector at the Capital City Inspection Agency, stated that 127 buildings are currently under construction in violation of the law. Most rush into construction without waiting for a start permit. According to the Construction Law, if such violations occur, they require the project to obtain the missing construction permit; otherwise, the building can be ordered to be demolished by court decision. In principle, a building should only commence after passing all "inspections." Unfortunately, doubts arise that these "inspections" are not done fairly but rather with bribes. Buildings full of risks that have supposedly "passed" state acceptance are real evidence of this. From ordinary citizens to officials, everyone acknowledges that construction material supervision in our country is very weak. For example, D. Battsor, head of construction materials production at the Ministry of Urban Development, Construction, and Housing, admitted that supervision of construction materials is insufficient. He stated, "Construction materials must comply with Mongolia's MNS, international, or the manufacturer's own standards. That means only products meeting these standards should be used in buildings. Our country has banned the use of foam insulation..." According to official data, 108 high-rise buildings are registered in Khan-Uul district, 24 in Bayanzurkh, 21 in Bayangol, and four in Chingeltei. In total, 180 high-rise buildings are included in the Urban Development Information System, of which 17 do not comply. Many foam insulation manufacturing companies are operating, striving to make their products closer to fire-resistant classification. However, there is no construction materials laboratory at our border checkpoints to check imported materials. Plans are underway to build construction material labs at Zamiin-Uud and Altanbulag ports. Equipment will be installed this year, and operations will begin next year, making it possible to better monitor and reject non-compliant products at the border. Until then, the construction sector continues to use cheap, non-fire-resistant materials. Although more than 40 companies have their own laboratories for construction material testing, there are problems ensuring the products used are tested and meet standards, and monitoring whether regulations are followed. For this, oversight is needed from customers, contractors, and the government. Unfortunately, it is often left to the actions of the contractor alone, deciding the fate of residents, which is regrettable. Currently, 180 buildings over 17 stories tall are registered in the Urban Development Information System. The tallest are the 33-floor "Shangri-La Residence" and the "Khunnu-2222" with 25 stories, followed by the "Stadium," "Bella Vista," "Khaan Tower," and "Academy" complexes. Most of these high-rises are clustered in Khan-Uul district, with 108 buildings over 17 stories registered there. In recent years, work to design and build buildings over 16-stories has intensified, as noted by B. Sodnompel, a senior state inspector of technical supervision at the Ministry of Urban Development, Construction, and Housing. He says, "Buildings over 60 meters and over 16 stories are classified as special-purpose high-rises. The ministry is responsible for drafting, approving blueprints, construction permits, and official commissioning. In 2022, due to the adoption of the Law on Permits, the right to issue construction permits was given to the mayors of aimags and the capital city. However, the sectoral law still gives this power to the ministry, causing overlapping regulation. This year, the City Urban Development and Standards Agency issued construction permits. Last year, permits for eight special complexity buildings—each over 16 stories—were given." Building permits do not specify whether the building is for residential or service purposes, so designated or unplanned inspections are needed on-site to determine intended use, allowing for surprise checks to find violations. He also pointed out the frequent violation of starting construction without completing documentation or before getting the green light. Such cases can be identified through citizen complaints or scheduled and preventive inspections, after which actions under the Law on Violations are taken. In some cases, construction work is even halted. For instance, to the southeast of the Peace Bridge, the MAC company began foundational works for a 30-story building, but the work was stopped because, though the plans were approved, the construction permit had not yet been obtained. Will the Professional Council Do Its Job?
For particularly complex buildings—those over 16 stories—the professional council must approve the project, confirming that the building is resistant to earthquakes of magnitude 8-9 before construction commences. This council, consisting of 21 specialized members including constructors, consultants, architects, electrical, fire safety, heating, ventilation, water supply, and sewage engineers, is coordinated by the Construction Development Center. The Center aims to support sector development, approve standards, and provide information, training, and recommendations, having almost as much authority as the relevant ministry. However, it remains unclear what improvements have been made in building safety, quality, and standards. If at least the professional council truly did its job, would they have accepted buildings constructed with non-fire-resistant materials? Instead of grieving only after disasters like earthquakes or fires, there is a pressing need to enhance multi-party supervision from the outset to ensure construction of safe, risk-free buildings. Government agencies should focus on tightening oversight and enforcing standards rather than sending citizens from one office to another like a maze, which only increases bureaucracy and conflicts of interest.

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N. Munkhbayar: Out of 2,206 property plots affected by the Selbe sub-center project, about 30 citizens refuse to give up their land

Published: 2025-04-30 | Translated from: ikon.mn

The project to transform the ger district in the Selbe sub-center into residential housing is being implemented on 158 hectares covering Chingeltei District's 14th and 18th khoroos, and Sukhbaatar District's 14th khoroo. Within this framework, agreements have been signed with 1,736 citizens out of the 2,206 properties to be vacated, and compensation has been provided. However, according to N. Munkhbayar, head of the Land Acquisition Department of the Municipal Land Management Agency, about 200 households have not yet reached an agreement. He stated, "The Selbe sub-center project has impacted the land of 2,206 citizens across a total area of 158 hectares. In March of last year, a socio-economic survey and a poll of citizens were conducted, and after receiving support from over 70%, the work to vacate the land began. As of today, contracts have been signed and monetary compensation transferred to the accounts of 1,736 citizens, and we are currently clearing the vacated land of 1,562 citizens. We are meeting every day with approximately 280 citizens who have not yet vacated their land. Most of these citizens are dealing with documentation issues such as removing co-owners or registering their houses with the national registry. However, about 30 citizens have flatly refused to give up their land, so we are organizing hearings to address their concerns." A tender has been announced for the construction of housing at the Selbe sub-center, and the "Selbe 20 Minut City" corporation is responsible for the construction work. Warning: Media organizations (TV, Radio, Social, and Web pages) are strictly prohibited from using all or part of our information in any form without permission; only with agreement and by citing the source (ikon.mn) may it be used.

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Schedule of Power Outages in Ulaanbaatar City and Tuv Province on May 1

Published: 2025-04-30 | Translated from: ikon.mn

"UBEDC" JSC has released the schedule for repairs to be carried out on the capital city's electrical transmission lines and equipment in May 2025. On May 1, tomorrow, there will be scheduled power outages and repairs affecting some households and businesses in Bayanzurkh, Songinokhairkhan, Khan-Uul, and Nalaikh districts of the capital, as well as Zuunkharaa, Bayanjargalan, and Altanbulag sums of Tuv Province. The electricity supply will be restricted for repair and maintenance between 09:00 and 18:00, depending on the location. The detailed repair schedule for the electrical lines and equipment on May 1, 2025, can be viewed HERE. Notice: Media organizations (Television, Radio, Social Media, and Websites) are prohibited from using our information in whole or in part in any form, except by agreement and with the proper source citation (ikon.mn).

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Public Spaces to be Created at Bus Stops Along Main Road; Car Parking to Become Green Areas

Published: 2025-04-30 | Translated from: ikon.mn

Officials have stated that the renovation of Peace Avenue, the central road, is the largest reconstruction project of this year. Along this avenue, curbs have been installed to close off the area in front of bus stops and the side parking spaces for cars. According to the Ulaanbaatar City Road Development Agency, “Pedestrian walkways or public spaces will be created at bus stops. Meanwhile, parts currently used for car parking will be turned into green zones. The side parking along the main road, from Sapporo in Songinokhairkhan district to the Officers' Palace in Bayanzurkh district, will be eliminated.” As of today, work is underway to close the road from the intersection by the Railway Institute to the Grand Plaza at night to replace the roadbed, and this is planned to be completed by May 4. Additionally, road maintenance is also being done in the summer resort areas. Warning: Media organizations (TV, Radio, Social and Web pages) are prohibited from taking and using our information, in whole or in part, in any form. Usage is only allowed upon agreement and by referencing the original source (ikon.mn).

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Public Transport Bus Service Begins Operation to Baganuur District

Published: 2025-04-30 | Translated from: montsame.mn

In Ulaanbaatar, the first two buses on the Baganuur district route have started operating according to a schedule. With financing from the Capital City Public Transport Development Fund, 10 "ZK6117H" model buses manufactured by China’s Yutong Bus Co., Ltd. have been purchased. These buses will serve suburban routes, specifically to Chinggis Khaan International Airport, Baganuur, and Bagakhangai districts. According to information from the Ulaanbaatar City Governor’s Office, the bus route is H:17, which runs from Ulaanbaatar (Tenger Plaza) to Baganuur (Kherlen Trade Center) as the final stop. Specifically, stops include Tenger Plaza, Bayanzurkh Checkpoint, Nalaikh Middle 2, Nalaikh Middle 1, Erdene Soum, Bayandelger Soum, Baganuur 2nd Khoroo, Kherlen Trade Center, stop at Building 25, Akhits 2nd stop, Jargalant 2nd stop, Jargalant 1st stop, Jargalant final stop, Baidlag 1st stop, Erin School, Togos Uul 1st stop, and Togos Uul final stop. The schedule is as follows: Departure from Baganuur: 08:30, 11:30, 14:30, 17:30
Arrival in Ulaanbaatar: 11:00, 14:00, 17:00, 20:00
Departure from Ulaanbaatar: 08:30, 11:30, 14:30, 17:30
Arrival in Baganuur: 11:00, 14:00, 17:00, 20:00 There will be four trips per day, with the fare set at 10,000 MNT for adults and 5,000 MNT for children. Each bus has 45 seats, is equipped with a Euro-5 engine, air conditioning systems adapted for Mongolia’s climate, surveillance cameras, and provides for the safety and comfort of passengers.

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Hot Water Restriction Schedule Announced

Published: 2025-04-30 | Translated from: montsame.mn

"Ulaanbaatar Heating Network" company has approved the schedule for hot water restrictions in accordance with their summer maintenance and renovation plans for residential pipelines and equipment. According to the schedule, starting from May 15th, hot water will be restricted in phases, and all repair work is planned to be completed by August 20th. The first to be affected, beginning May 15th for a period of two weeks, will be the households in the areas around MNB Television, Gandan, TBD Anduud, 2nd, 3rd, 4th khoroolols, and the 6th microdistrict. Additionally, under the "Ulaanbaatar City Heating Supply Efficiency Improvement Project" financed by a concessional loan from the World Bank, the main E2D pipeline along the central road from the "Zhukov" Trade Center in Bayanzurkh district to the Film Factory will undergo construction starting from May 15th until September 1st. The current dual pipeline, 282 meters long with a 250 mm diameter, will be replaced and expanded to a 400 mm diameter pipeline. This expansion will allow for the transmission of the increased capacity of 116 MW from the upgraded "Amgalan" heating plant, optimize the load operation of the northern network of Amgalan, and improve throughput. Furthermore, along with this work, the fresh water pipeline will also be upgraded; a new 400 mm diameter pipeline with increased capacity will be installed.

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Society

Warning Issued Regarding Increase in Mongolian Citizens Suspected of Theft Crimes in Japan

Published: 2025-04-30 | Translated from: montsame.mn

Recently, as the number of Mongolian citizens traveling to Japan increases, there has been a rise in cases where our citizens are being suspected and detained for theft-related crimes, according to a warning from the Embassy of Mongolia in Japan. Additionally, incidents of Mongolian citizens having their wallets, money, or belongings stolen while in Japan have also increased. According to Article 235 of Japan’s Criminal Code, crimes such as shoplifting, pickpocketing, or home burglary are punishable by up to 10 years of imprisonment or a fine of up to 500,000 yen. Japan has a high level of surveillance cameras in public places and streets, and plainclothes police officers are on duty. Furthermore, businesses and the public actively monitor for criminal activities. Therefore, the Embassy urges citizens to strictly observe the laws and regulations of Japan to avoid committing theft-related crimes or becoming victims themselves.

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People Sentenced for Fraudulently Promising Discounted Apartments through MPP

Published: 2025-04-30 | Translated from: unuudur.mn

The district primary criminal courts of Bayangol, Khan-Uul, and Songinokhairkhan had long delayed making a decision on a case that had been tossed between the lower and appellate courts for three years. After three days of deliberation, a verdict has now been reached. An investigation and trial regarding E. Solongo, E. Bolorchuluun, and J. Bodisad, who defrauded individuals and caused damages exceeding 8.8 billion tugriks, has been ongoing for some time. From January 2018 to February 2021, they defrauded 116 citizens of the aforementioned sum, falsely claiming to work for the State Housing Corporation and the Ulaanbaatar City Housing Corporation. They promised people that they could get apartments at discounted prices, below market rates, through the Mongolian People's Party (MPP) channel. The MPP's 2020 election platform stated that a National Housing Corporation would be established, working with accumulation and national wealth funds and public-private partnerships, supporting 150,000 households to acquire housing. Exploiting this program, the three individuals deceived people and collected money from them. E. Solongo, E. Bolorchuluun, and J. Bodisad were found guilty under Article 17.3 of the Criminal Code for ongoing fraud, deliberately creating false circumstances and hiding the truth to mislead others. As a result, E. Solongo was sentenced to eight years, E. Bolorchuluun to seven years, and J. Bodisad to six years of imprisonment in open colonies. Furthermore, the three defendants are ordered to pay 8.8 billion tugriks in damages to the victims.

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Published: 2025-04-30 | Translated from: ikon.mn

A delegation led by Jildyz Kulzhanova, Head of the Pension and Tariff Policy Department of the Social Fund of the Kyrgyz Republic, and officials from the Ministry of Family, Labor, and Social Protection organized an online meeting today. During the meeting, the two countries exchanged experiences regarding their social protection systems and pension policies. From the Mongolian side, A. Khishigbayar, Head of the Unified Fund Section of the Social Insurance and Accumulation Fund Department, presented information about Mongolia's social insurance system. Additionally, the Mongolian government has included objectives in its long- and medium-term policy documents such as "Vision-2050" to uphold the social protection rights of Mongolian citizens living and working abroad. According to data from the Ministry of Foreign Affairs, as of 2023, about 130 Mongolian citizens reside in the Kyrgyz Republic, while more than 60 Kyrgyz citizens live in Mongolia. As this number is expected to grow, there is a necessity to study the social protection systems to safeguard the interests of citizens of both countries. It is worth mentioning that Mongolia has signed and is implementing social protection agreements with Russia (1981), the Republic of Korea (2006), the Republic of Hungary (2012), the Republic of Poland (2019), the Republic of Turkey (2018), and the Czech Republic (2019). A pension cooperation agreement has been signed with Kazakhstan in 2024, which is now under ratification by Mongolia's parliament. The Ministry of Family, Labor, and Social Protection also informed that there are ongoing efforts to update the agreement with Russia and to establish new agreements with the Republic of Austria and the Commonwealth of Australia. Note: Media organizations (TV, Radio, social and web pages) are prohibited from fully or partially using this information in any form unless agreed upon. Usage must include explicit reference to the source (ikon.mn).

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Incorrect Reports Circulating While Cause of Death of Mongolian Citizen B.O. in Malaysia Remains Unclear

Published: 2025-04-30 | Translated from: ikon.mn

With the special permission of the MPA agency, we are featuring this photograph. A tragic event occurred when B. Orgil-Erdene, a member of the "Ice Top" band known as "Eyescool," passed away in Malaysia. In recent days, there have been various reports regarding the cause and circumstances of the deceased's death, prompting a clarification from the Ministry of Foreign Affairs (MFA). According to MFA spokesperson R. Nyamdavaa, "The cause of death of Mongolian citizen B.O., who died in Malaysia, remains undetermined, and the autopsy results have not yet been released. However, in the past few days, baseless and false information regarding this incident and the cause of the deceased's death has been circulating in the public media and on social networks. Distributing false and misleading information about this unfortunate incident involving a Mongolian citizen abroad may cause misunderstandings and confusion in society, severely affect the family and close relatives of the deceased, and potentially violate relevant laws. Please be aware of this," he informed via his social media account. Warning: Media organizations (television, radio, social networks, and websites) are prohibited from using our information in whole or in part in any form without permission. The information can only be used with agreement and by citing the original source (ikon.mn).

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You must fill out an online arrival card to enter Thailand

Published: 2025-04-30 | Translated from: unuudur.mn

The Government of the Kingdom of Thailand has announced that, as part of the "Smart Tourism Zone" initiative to improve border control, refine port operations, and reduce the workload of border officials, the "Thailand digital arrival card" will be implemented starting May 1 of this year. This digital arrival card will replace the previously used paper-based "TM.6" form (arrival card). Foreign nationals traveling to Thailand must fill out the required personal and travel information via https://tdac.immigration.go.th or by scanning a QR code, three days prior to entering Thailand, and confirm their details before being allowed entry into the country. The Ministry of Foreign Affairs urges those traveling to Thailand to strictly comply with the country’s laws and regulations by accessing the mentioned link and completing the online arrival card. For reference, 66,000 Mongolian citizens traveled to Thailand last year, and in the first quarter of this year, around 10,000 people have visited.

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"Lawyer's Pro Bono" Day to be Held Tomorrow at Central Square

Published: 2025-04-30 | Translated from: ikon.mn

Every year, May 1 is declared as "Lawyer's Pro Bono Day" and has been celebrated nationwide since 2019 throughout the capital and 21 provinces. This year's "Lawyer's Pro Bono-2025" event will be held at Sukhbaatar Square and the central squares of the 21 provinces. Participants in the event include: - Members of the Mongolian Bar Association - The Capital City Governor's Office - The Ministry of Justice and Internal Affairs - The Judicial General Council - First-instance district civil courts of Bayanzurkh, Chingeltei, and Sukhbaatar - The General Prosecutor's Office - The National Human Rights Commission - The General Police Department - The General Executive Agency of Court Decisions - The General Authority for State Registration - The General Office for Social Insurance - Financial Regulatory Commission - Immigration Agency - General Archives Authority - Legal Aid Center - National Legal Institute - Mongolian Attorneys Association - Mongolian Chamber of Notaries - Legal Guide LLP - Snowhill Consultancy LLP - Clinical Training Center of the Law School of the National University of Mongolia - Unbound Mongolia NGO - Mongolian National Construction Association, among others — over 20 governmental and non-governmental organizations. These organizations will offer initial legal and rights consultation and information to citizens and provide certain government services free of charge. Additionally, legal entities and lawyers will provide free basic legal advice and information at the seven Integrated Service Centers of the capital (Yarmag – B block of Capital City Local Administration Complex, Misheel, Dunjingarav, Emart of Khoroolol, Bayankhoshuu, Dragon, Selbe), in 10 remote khoroos (subdistricts) of districts such as Songinokhairkhan khoroos 21, 32, 19, 33; Bayanzurkh khoroos 9, 11, 13, 20, 21, 35; as well as at the outdoor areas of the criminal first-instance district courts of Bayanzurkh, Sukhbaatar, and Chingeltei; the criminal first-instance district courts of Bayangol, Khan-Uul, and Songinokhairkhan; and the summary trial courts of criminal and civil cases in those districts. Citizens are invited to attend the event and receive any necessary information, according to the press department of the Capital City Governor's Office. Notice: Media organizations (television, radio, social and web platforms) are prohibited from fully or partially using this information in any form, and may only use it with agreement and by citing the source (ikon.mn).

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Environment

Wildfires Occur in 55 Sums Since the Beginning of the Year

Published: 2025-04-30 | Translated from: news.mn

Emergency service personnel are working to extinguish three forest and steppe fires that have broken out in Selenge province. The Emergency Management Agency, local professional units, and citizens are working together to fight forest fires in the Yeruu, Zuunguren, and Tsagaannuur sums of Selenge province. Additionally, wildfires recorded in Norovlin sum of Khentii province on the 29th of this month and in Khangal sum of Bulgan province on the 26th of this month have been completely extinguished. The National Emergency Management Agency reported that helicopters are being used in the efforts to put out the fires in Selenge province. Since the beginning of the year, as of April 30th, a total of 79 forest and steppe wildfires have been registered in 55 sums of 12 provinces and two districts of the capital city.

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Instead of just "shouting" about increased fire risk, officials should focus on improving equipment supply

Published: 2025-04-30 | Translated from: unuudur.mn

Colonel T. Bayarkhuu, Secretary General of the State Emergency Commission, and Colonel Ts. Nyambayar, Head of the Firefighting Department of the National Emergency Management Agency (NEMA), held a press conference yesterday regarding the current forest and steppe fire situation. During their announcement, they made a special request to the media and journalists: to help disseminate warnings during this high-risk, dry period and assist in raising public responsibility. However, not only media professionals but also citizens and the public, in return, are asking just one thing from them. Mongolians now expect these officials to be fully prepared for disasters, accidents, fires, and floods – with well-managed risk and planning, so they can respond swiftly without leaving citizens in peril, overburdening emergency workers, or causing public frustration. The media already distributes sufficient alerts and information about disasters and accidents. But if one asks whether the emergency authorities themselves pay enough attention to the things under their own control, learn from their mistakes, and ensure their preparedness, the answer is unfortunately unsatisfactory. While Deputy Prime Minister S. Amarsaikhan and other officials were "excusing themselves" by attending a nearby regional council meeting, traveling between Ulaanbaatar and Bulgan province aboard NEMA and Border Protection Agency helicopters, simultaneous fires broke out in the capital and countryside the day before yesterday, catching emergency teams off guard. Once again, it became clear that the emergency staff’s lack of equipment, supplies, and manpower is a pressing issue. Motorcycle and sports car clubs and hiking youths gathered on Bogd Khan Mountain to help firefighters by delivering water from store shelves. Yet, some officials, speaking out, said, "Two vehicles were stationed on the Bogd Khan mountain summit, and city rescue units and utility company equipment delivered water. What the youths did was voluntary," and further criticized the young volunteers’ actions as risky, arguing that civilians moving freely into fire zones without professional guidance is too dangerous. Additionally, officials dodged responsibility by saying: "I can’t confirm whether the executives took helicopters to meetings; I’ll need to check. According to current records, the emergency agency does not have any helicopters or planes equipped to collect water from rivers or lakes for firefighting. The helicopters we have are only for search, rescue, ambulance, and transporting personnel to disaster sites. We considered airlifting firefighters to Bogd Khan, but it was too windy, so safety regulations prevented us." Whether they really intended to use helicopters, or if it was possible at all, no one knows – which makes the situation ironic. When officials need to be transported, weather and flight rules seem not to matter, but during disasters, endless obstacles are cited. In any case, those who visited the fire scenes saw how the emergency agency struggled, failing to contain the blaze due to inadequate equipment and losing valuable time. Colonel Ts. Nyambayar's statement, "Our technical equipment is not supplied at the 100% level we require. However, improvements are being implemented in stages," tells you everything about the current state of the sector and the officials’ commitment. Due to environmental and human factors, fire risks increase every year. But for how long will the Emergency Management sector continue battling such disasters with outdated methods and insufficient supply? Here is an update on the fire situation. 14:00: According to the emergency agency, on the 28th of this month, forest and steppe fires broke out in five soums of Selenge, Khentii, and Dornogovi provinces, as well as in 11 subdistricts of Khan-Uul district in the capital, and the Bogd Khan Mountain protected area. As of yesterday, the fires in Khentii, Dornogovi, and the capital were fully extinguished; the fire in Tsaagannuur, Selenge province, was partially under control and being monitored, while those in Zuunkharaa and Khushaat were still being fought. At the epicenter of the fires in Zuunkharaa and Khushaat, over 270 rescue and emergency professionals and local volunteers with 30 vehicles were at work. In Tsaagannuur, the preliminary record is that two yurts, ten winter shelters, and one tractor were lost. Investigations are ongoing on-site to determine the cause of the fire on Bogd Khan Mountain.

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Central: Waste Incineration Plant to Be Built Without Emitting Toxic Smoke into the Air

Published: 2025-04-30 | Translated from: montsame.mn

A plant to incinerate ordinary household waste using advanced technology will be established in Zuunmod soum. The provincial governor and other officials visited the waste incinerator factory of Jiangxi Jinyuan Company in Jinzhou, Shenyang City, China, to learn from their experience. Within the scope of this effort, both parties agreed to elevate their friendly cooperation to a new level, and exchanged ideas on expanding collaboration in areas such as energy, green development, and environmental protection. During the meeting, Governor L. Tömörchödör stated, "By improving waste management, we aim to reduce waste and environmental pollution, and to create comfortable, healthy, and safe living conditions for citizens. We have set the goal of implementing this project first in Zuunmod city, and then gradually rolling it out to other soums. Population growth, urbanization, and industrialization have led to an increase in waste, as well as changes in its types and composition. In such a period, it is important to develop waste management tailored to the specifics of the province and region, and to introduce incinerators and recycling equipment into use." The incinerator to be used at the waste incineration plant will be able to completely burn all types of ordinary waste, including plastic, wood, paper, food, medical, and hazardous waste, without releasing toxic smoke into the air.

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SELENGE: High-speed Starlink satellite devices handed over to districts affected by wildfires

Published: 2025-04-30 | Translated from: montsame.mn

Within the framework of social responsibility, the Mobicom branch in Selenge aimag has handed over three high-speed Starlink satellite devices to be used in districts currently affected by wildfires. This equipment is particularly notable for being a modern device essential for locations with no network coverage. At this time, when the risk of forest and steppe wildfires is high, government organizations, citizens, and businesses are all striving together for the wellbeing of their local communities. In support of this good initiative, the Selenge Mobicom branch has fulfilled its important duty of providing uninterrupted communication services by officially handing over three Starlink devices—one stationary and two mobile—equipped with full data usage for effective operation. These devices will be operated in three locations with network disruptions in the three districts where fire risk exists, and will remain in use in these areas until the fires are extinguished and conditions return to normal.

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Innovation

Government: Students Can Study at Top World Universities After 2 Years of Domestic Study

Published: 2025-04-30 | Translated from: news.mn

The decisions made at the government meeting were announced today. Head of the Cabinet Secretariat N. Uchral said: "Regarding the Oyu Tolgoi tax dispute arbitration case, a firm position will be taken. No decision has been made yet. There cannot be any agreements that override the law." Minister of Education P. Naranbayar announced: "The regulations of the Education Loan Fund are being updated. First, students who have studied for two years at domestic universities will be able to continue their studies for another two years at top universities worldwide. Also, one child of a herder who has tended livestock for more than 10 years will have the opportunity to study grazing management and agriculture free of charge. For students studying abroad, the period for repaying their loans is set to be up to 20 years in the new regulation. In addition, during the selection process, if an applicant submits all required documents correctly, their chances of being selected are high regardless of other factors. Previously, only two children from the same household could receive scholarships, but under the new regulations, any number of children from one household can receive scholarships. We expect that the efficiency will increase without adding additional financial burden to the budget. Currently, of the 14,000 people who have taken loans from the Education Loan Fund and live and work in Mongolia, about 1,200 are studying abroad. For many years there have been discussions about registering those who do not repay their loans in the Mongolbank credit information database, and information on 14,000 people's loans has been provided in three stages on the blacklist."

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Arig Bank Successfully Implements ISO/IEC 27001:2022 International Information Security Standard and Receives Certification

Published: 2025-04-30 | Translated from: ikon.mn

Arig Bank has aimed to provide its customers with products and services that meet international standards by continuously updating and improving its policies and procedures. As part of this goal, the bank has officially received certification for implementing the international ISO/IEC 27001:2022 information security standard. The ISO/IEC 27001:2022 standard, which is in effect in more than 140 countries worldwide, is a system that ensures information security and enables risk management. By implementing this standard, the security of the organization's information will improve, customer data will be reliably protected, and the quality and accessibility of banking services will further increase. The standard's certification is granted by certification bodies such as Afnor, registered in France, IAF, registered in the USA, and Moncertf LLC, a certification body accredited by the National Accreditation Center. These organizations grant internationally recognized certification to organizations that meet the requirements, and by receiving this certification, Arig Bank becomes an internationally accredited entity. The certification ceremony was attended by CEO O. Khurelbaatar representing Arig Bank, CEO G. Bilguun representing Moncertf LLC, which conducted the auditing and certification services, CEO B. Baasandorj representing System Center LLC, which provided consulting services for the standard, as well as other officials. Going forward, Arig Bank will continue to improve upon the ISO/IEC 27001:2022 standard and diligently ensure the security of its customers' information. Notice: Media organizations (TV, Radio, Social Media, and Websites) are prohibited from using this information fully or partially in any form without prior agreement. Any use must mention the source (ikon.mn) with permission.

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Some Requests Should Be on Paper Because Electronic Services Cannot Be Delivered to Citizens in Rural Areas

Published: 2025-04-30 | Translated from: unuudur.mn

Minister of Family, Labor, and Social Protection L. Enkh-Amgalan visited the Labor and Welfare Service Office (LWSO) of Bulgan province to familiarize himself with their operations. The role of primary organizations is crucial in providing employment and income opportunities for citizens and in supporting the livelihoods and participation in development of targeted population groups. During the Minister's working visit to the province, it was observed that there are challenges in implementing newly approved regulations and services, and delays in information dissemination in rural areas. Therefore, it is necessary to improve the flow of interdepartmental information. Since the beginning of the year, more than 70 citizens have registered as job seekers at the provincial LWSO. The Minister emphasized the importance of identifying the needs of both employers and job seekers and working with vocational education institutions to implement both long-term and short-term training programs. He also instructed the staff of the provincial LWSO to focus on activating the operations of the Job Center in rural areas, cooperating with private labor exchanges, and providing innovative and hassle-free labor and welfare services. In 2024, this office allocated 40.2 billion MNT from the Social Welfare Fund to more than 46,000 citizens (counted with overlaps), and involved about 1,700 citizens in programs supported by the Employment Promotion Fund, spending a total of 2.6 billion MNT. It was noted to sector leaders that there are challenges in providing prompt and efficient labor and welfare services to local citizens, such as technological solutions and vehicle availability. In addition, it was mentioned that due to the specifics of the local area, it is not possible to deliver electronic services to citizens, so it is necessary to provide some essential services in a paper-based format.

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P. Naranbayar: The Regulations of the Education Loan Fund Have Been Updated and Will Be Implemented Within the 2+2 Program Framework

Published: 2025-04-30 | Translated from: ikon.mn

The Minister of Education, P. Naranbayar, announced that the revised regulation on providing scholarships, loans, grants, and support for higher education students has been approved. In simple terms, this means the regulations for the Education Loan Fund (ELF) have been updated. Regarding the changes, Minister P. Naranbayar said: "Previously, the ELF provided loans for the entire duration of undergraduate studies at the world's top universities. Now, this will be implemented within the 2+2 program framework. If a student studies for two years at a domestic higher education institution and then spends the next two years at a leading international university, the loan will be provided. This supports domestic higher education and creates equal opportunities for students coming from rural areas. Under the Law on Herdsmen, starting from September 1, 2025, the ELF will provide loans for one child of a herder who has worked for more than 10 years, to study agriculture and pasture-related fields at a state-owned university. For those studying abroad, there are flexible measures allowing them to repay their loans over up to 20 years and to work abroad for up to three years before returning home." He also noted that the selection process will be automated so that if a candidate submits complete and accurate documents, results will be generated automatically without human intervention. This revision opens up opportunities for many households. Previously, only two children from a family could study under this scheme, but now, any number of children who meet the criteria can benefit. As of today, there are 14,000 people who have studied with ELF loans and are obliged to repay them, including 1,200 who studied abroad. In total, the government has funded around 300 billion tugriks, of which 204 billion tugriks have been allocated to finance the tuition fees of those who studied abroad. Note: Media organizations (Television, Radio, Social media, and Websites) are strictly prohibited from using all or part of this information in any form, except with permission and by citing the source (ikon.mn).

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Audit Underway on the 2017-2024 Operations of the Education Loan Fund

Published: 2025-04-30 | Translated from: unuudur.mn

The operations of the Education Loan Fund, whose financing and repayments have sparked controversy and led to investigations by the Anti-Corruption Agency, are now being audited. The National Audit Office has started an audit of the Fund's performance and results from 2017 to 2024 as of yesterday. The audit aims to evaluate the legal framework governing the Education Loan Fund, the duties of the government agencies implementing the Fund's activities, and the execution of related contracts, and to present the results to the State Great Khural (Parliament), as well as to relevant organizations and officials. Deputy Auditor General of Mongolia, Ya. Sambuunyam, opened the audit by presenting the plan and providing information on certain issues that require attention during the audit process. The Ministry of Finance, the Ministry of Education, and the Education Loan Fund are among the organizations included in this audit.

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T.Enkhdol: By Including the 'Plastic Recycling Technology' Course in University Curricula, We Will Train Specialists in the Field

Published: 2025-04-30 | Translated from: ikon.mn

Within the framework of the "Project to Ensure the Sustainability of Plastic Waste Recycling in Mongolia," the new course "Plastic Recycling Technology" has been developed along with its content and handbook. This new subject has started being introduced into the curricula of some higher education institutions, and some students have already begun studying it. We spoke with Associate Professor T.Enkhdol of the School of Engineering and Technology at the National University of Mongolia about why this course was developed, what its contents are, the new job opportunities it will provide students, and its positive impact on the environment. What was the need for and reason behind developing the new course on plastic processing technology? One of the pressing issues worldwide is undeniably the problem of plastic waste. Plastics that reach oceans and seas change the environment, leading to the death of marine animals. Additionally, the extensive spread of plastics into human bodies and the Earth causes pollution. The UN Health and Environment Program has begun developing an "International Plastics Convention." As a result, Mongolia also needs to align with the global effort to solve this problem. In our country, 8-11% of total waste is plastic, but we only recycle a very small portion – only 3-5% of all waste is recycled. Therefore, there is a need not to bury plastics in the environment but to return them into the economic cycle and produce useful products. Within this need, it has become necessary to know what kind of material plastic is and how to process it safely. That is why, as part of the EU Switch-Asia-funded project to ensure the sustainability of plastic recycling in Mongolia, we proposed that universities include this elective course, and some have already approved and begun implementing its content. "IN OUR COUNTRY, PLASTIC WASTE IS MAINLY RECYCLED BY MECHANICAL METHODS" Could you introduce the features of the new course content? Looking at our domestic market, most of our recycling factories process plastic materials. Currently, 18 factories operate actively in this area. Their main challenges include what is released when the material is heated, how to protect themselves, and whether it is dangerous or toxic. Therefore, the course includes the general characteristics and composition of plastic materials and the potential negative impacts on human health. Additionally, the content covers all stages of processing plastic waste—from collection to washing, shredding, and granulating—along with the technologies used for each stage, their functions, and operating principles. The course includes four subtopics over 16 weeks. The first topic is: Plastics and their general properties and composition, as well as global plastic policy documents and the modern plastic credit market. The second topic delves into mechanical recycling methods, which alter the structure without changing the chemical composition. Equipment and technology for this method are introduced. The third subtopic is about chemical recycling, which involves changing the chemical structure. The fourth is about biological recycling—what biodegradable plastics are, how they are made, and what technologies are used. "STUDENTS WILL DO INTERNSHIPS AT EXISTING RECYCLING PLANTS IN MONGOLIA" Is there an opportunity for students to gain hands-on practical experience in Mongolia? Yes, absolutely. Besides lectures, the course includes eight seminars with debates and case studies, as well as practical internships at recycling plants. The goal is to introduce students to as many recycling technologies as possible; for instance, some Mongolian factories use blow molding recycling, while others use extrusion or molding. It is beneficial for students to distinguish and familiarize themselves with the different technologies used in Mongolia. The course is worth 3 credits: 32 hours of lectures, 16 hours of seminars, and practical work. Students will also have the opportunity to conduct experiments such as identifying different plastics, distinguishing mixed plastics, and detecting macro- and microplastics in the environment. In February 2025, the implementing organization Caritas Czech Republic handed over a plastic identification instrument to the National University of Mongolia, which can identify 12 types of plastics to aid in recycling and new product development. This device is available for recycling plants, researchers, and students. How is this course taught and applied internationally? How did international experience inform the course content? Significant research was conducted to develop the course, drawing on foreign university materials and feedback from domestic employers (recycling producers). In the last two years, German, Danish, and some Indian universities have actively included plastic processing technology courses in their curricula, especially in chemistry, environmental engineering, and materials science. Vocational and polytechnic colleges even have specialized programs for training professionals in plastic recycling. Based on this, we decided the course should have four subtopics and total 3 credits. Our domestic research compared the knowledge, skills, and attitudes provided by such courses internationally and tailored them to local employers’ feedback to ensure content relevance. Based on employer suggestions, certain topics were improved and adapted. "THIS COURSE CAN ALSO BE TAUGHT TO FACTORY WORKERS AS A SPECIALIZED TRAINING OUTSIDE UNIVERSITIES" When will students start studying the new course? This course was collectively developed by NUM, the Mongolian-German Institute of Technology, and the School of Agriculture and Life Sciences in Darkhan. At the latter, the "Plastic Recycling" content was added to the core "Waste Management" course. Students are already studying it there. At NUM, it has been proposed as an elective and is awaiting program committee review, and if successful, students can study it from the next academic year. The German-Mongolian Institute of Technology is also reviewing the course. Which students are eligible to study this course? Students in engineering, materials science, processing technology, chemistry, and environmental engineering can take it as an elective. The course provides knowledge of how to recycle plastics, especially those that do not degrade naturally, using economic cyclical principles and different physical, chemical, and mechanical recycling technologies. Graduates who have taken the relevant courses would positively contribute to increasing the efficiency and productivity of recycling factories. In Mongolia, mechanical recycling is more prevalent than chemical or biological recycling, so the course content explains the details of technologies used in mechanical recycling and how new products are made. Therefore, graduates will already be familiar with the technology before starting work. Of course, every tool and device operates differently, so practical training will further improve their skills. We aim to organize plant visits and internships in cooperation with factories. This course is not limited to universities; vocational training providers and short-term training organizations can also use this content to train current recycling plant workers, which is a valuable aspect. Thank you for your interview. Warning: Media organizations (TV, radio, social and web sites) are not allowed to use our information in any form—fully or partially—without permission. Use is only allowed by agreement and crediting the source (ikon.mn).

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Health

VS: Were Quality Medicines Supplied at a Low Price or Not?

Published: 2025-04-30 | Translated from: news.mn

"While the law provides every opportunity to supply quality medicines at affordable prices, Minister of Health T. Munkhsaikhan violated the law and imported medicines from South Korea. Stop making money off the suffering of distressed citizens. I will submit your evidence to the Prosecutor for investigation," stated MP J. Chinburen, which caused a stir in society. Minister of Health T. Munkhsaikhan denied the above information. During a press briefing held by the Ministry of Health, it was announced that 18 types of medicines from four South Korean organizations have started to enter the market. These medicines are being sold at prices on average 37-90% lower than similar medicines available on the market. Therefore, in this week's VS column, the positions of MP J. Chinburen and Minister of Health T. Munkhsaikhan are highlighted. MP J. Chinburen: - Minister of Health T. Munkhsaikhan holds a high governmental office and ethical work. I trusted that you would work with integrity. If, as you claim, you brought in high-quality cancer medications at half the price, please make public your evidence. I will reveal evidence of your violations of laws and regulations by importing 23 types of medicines from five foreign manufacturers without any selection process. During the previous parliament, I worked for two years on the draft Medicines Law and presented the final draft to the Ministry of Health, urging its prompt submission, but you suppressed it. Having no other recourse, a temporary committee to check medicine quality was established, exposing and providing evidence for why low-quality medicines were being sold at two to three times the price in Mongolia. As a result, the revised Medicines Law was passed by parliament in June 2024. This law is now being fully implemented. The Ministry of Health and you, esteemed minister, have a complete legal environment to improve medicine quality—nothing is lacking. Carefully read the Law on Procurement of Goods, Works, and Services with State and Local Assets. Read the 36th article of the Tender Law. I myself participated in the reform of this law during the previous parliament. The law includes provisions on how to procure quality medicines at reasonable prices, including making direct agreements with manufacturers when the medicines are not available from international organizations. We did not make this law for personal enrichment. The intention was to bring in quality medicines at reasonable prices for the suffering public—not to have you, Minister T. Munkhsaikhan, go abroad and negotiate face-to-face with five foreign manufacturers. Should a government member have personal interests in meeting with drug manufacturers? The Drug Agency was following Regulation 42 set by the government in connection with the Tender Law, having negotiations with UNISEP (WHO) for six months up to June 2024, when you, the Minister of Health, interrupted. Later, you purchased 23 medicines from five foreign manufacturers without any tender or price comparison, through a three-year contract, with 9.6 billion MNT paid from the insurance fund in the first three months. Was S. Enkhbold appointed as director of the Health Insurance General Office for this contract? Over three years, a total of 120 billion MNT worth of medicines are being illegally purchased. When this evidence surfaces, you resort to slandering others and spreading misinformation. People are now aware of these tactics. This cannot continue. Patients are looking for the supposedly high-quality cancer medicines that you claim were imported at half price. Our doctors want to use them—please show us. I have evidence in hand that medicines are being purchased at inflated prices. Publicly reveal your evidence showing you reduced medicine prices. I will submit your evidence of increasing medicine prices and causing more suffering to citizens to the Prosecutor. Let us both meet at the legal authorities. T. Munkhsaikhan, show some humanity. Stop amassing wealth from the suffering of distressed people. Be a person. Please revisit the Hippocratic oath you took as a doctor. Mongolia is a country ruled by law, not people, in a democratic system. MP and Minister of Health T. Munkhsaikhan: - I did not go to South Korea and make contracts with private manufacturers. Through the Mongolian Embassy in Korea, we held a meeting with representatives from more than 20 Korean pharmaceutical companies. We explained that Mongolia is changing its medicine procurement process, with a new law enabling direct negotiations with manufacturers. We asked them to cooperate to supply quality medicines. As a result of this meeting, Korean pharmaceutical manufacturers started to take us seriously. When they did, our agency started to negotiate for the medicines we needed and the prices we wanted. We negotiated with all the manufacturers and chose the cheapest ones. I believe there were no legal violations here. We started importing 23 types of medicines from five Korean manufacturers. Of these, 18 types are being provided with a 50-70% subsidy through the Health Insurance Fund. These medicines are 30-90% cheaper than other similar medicines on the market. As there are private drug suppliers in Mongolia, we held a tender to select which private distributor would import and distribute these medicines at a uniform price nationwide. The selected Mongolian importing and distribution company has started distributing the medicines at the same price nationwide. Five types of cancer medications are being directly purchased from Korean manufacturers and used at the National Cancer Center, which is a significant step in improving cancer treatment. Previously, a month's supply of diabetes medication would cost 60,000 MNT; now it costs 6,600 MNT. Blood-thinning medication that used to cost 70,000-80,000 MNT per month can now be purchased at 7,000 MNT for a month's supply. By the end of 2026, this policy will be implemented for all medicines. The results are very tangible. Appointing people at the Ministry of Health is within the full authority of the Secretary General.

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G.Yalalt: Conscripts Will Be Tested and Diagnosed for Infectious Diseases such as Tuberculosis, HIV, and Syphilis

Published: 2025-04-30 | Translated from: ikon.mn

The first round of the 2025 military conscription in the capital city is scheduled to take place on May 2, 3, and 4. Regarding conscription, G. Yalalt, Chief of the Military Staff of the Capital City Governor's Office, stated: "According to the constitutional duty of citizens to perform military service, the first round of the 2025 conscription will be conducted in designated locations across the six districts of the capital on May 2, 3, and 4. This time, conscripts will be recruited into both border and internal military units. Before this regular conscription, there was a nationwide student military draft which, according to the new government resolution, included students in their 1st, 2nd, and 3rd years, meaning that graduating students were exempted. Young men of conscription age will undergo eight types of tests and a medical examination. Special tests for infectious diseases such as tuberculosis, HIV/AIDS, and syphilis will be conducted and diagnoses will be made. Those previously conscripted in the first round of 2024 will be discharged and return tomorrow. These young men will be honored, welcomed, met, and assisted in job placement. We urge everyone to actively participate in the conscription process," he said. At the conscription locations, individuals must bring identification, military obligation certificates, professional licenses, diplomas, and other relevant documents. Military draft in 2025 will be organized at the following schools on May 2, 3, and 4: - Bayangol District, School No. 96 - Bayanzurkh District, School No. 14 - Sukhbaatar District, School No. 3 - Songinokhairkhan District, School No. 83 - Chingeltei District, School No. 5 - Khan-Uul District, School No. 34 Note: All media organizations (TV, radio, social and web pages) are prohibited from using this information in whole or in part in any form. They may only use it with agreement and must cite the source (ikon.mn).

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A State-of-the-Art High-Capacity MRI Machine Installed at the National Trauma and Orthopedic Research Center

Published: 2025-04-30 | Translated from: unuudur.mn

With investment from the Ministry of Health, the Department of Radiological Diagnostics at the National Trauma and Orthopedic Research Center (NTORC) has installed a state-of-the-art MRI machine recognized internationally as the latest advanced technology. All rooms have been fully renovated and the equipment is now being used in medical services and treatments. The MRI machine was assembled and installed by Mongolian engineers from Setunari LLC, the official distributor of Germany's Siemens Healthineers brand. The device has a capacity of 1.5 Tesla and, as advanced technology, can produce high-quality, highly detailed images of small body parts such as the shoulder, elbow, and foot. An additional advantage of this MRI machine is its larger radius, which allows it to examine patients weighing up to 180 kg. This improvement creates conditions for comprehensive medical services, especially for sports injuries, including national wrestling athletes. With the acquisition of this new MRI machine, the NTORC’s diagnostic imaging capabilities have improved by one metric, allowing citizens to receive precise examinations promptly and efficiently.

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Issue raised: Children under 16 are being diagnosed with diabetes

Published: 2025-04-30 | Translated from: news.mn

In Mongolia, there are 253 children aged 0-18 with type 1 diabetes, and over 450 adults over the age of 18, totaling approximately 700 people. Statistics show that more than 40 percent of them are under 16 years old. These individuals control their blood sugar by relying on regular insulin injections. There is a common belief among the public that diabetes can be managed through diet. However, medical professionals advise that this only applies to type 2 diabetes, which is caused by poor daily lifestyle habits. The cause of type 1 diabetes remains unclear and is explained in various ways, but doctors explain that it is a disorder where the pancreas completely stops producing insulin. Currently, there is no cure for this condition worldwide, so patients must monitor their blood sugar for their entire lives with insulin injections. In Mongolia, children with type 1 diabetes face challenges such as a lack of appropriate food options in schools, inadequate emergency assistance when blood sugar levels suddenly drop or rise, and insufficient knowledge and information among the public regarding this illness. In recent years, its prevalence has sharply increased. Globally, in 2021, 537 million people were diagnosed with diabetes. This number is estimated to reach 643 million by 2030 and 783 million by 2045. Half of all people with diabetes remain undiagnosed. Three out of every four people with diabetes live in developing or middle-income countries and often cannot access medical services. Around the world, 1.2 million children and young people aged 0-19 have diabetes, with over 200 of those in Mongolia. In 2021 alone, 6.7 million people worldwide died from diabetes, which means one person dies every six seconds. Additionally, one out of every six pregnant women is at risk of developing diabetes. According to a 1999 study in Mongolia, 3.1 percent of people over the age of 35 had diabetes. By 2019, this had tripled to 10.8 percent, as reported by Professor Kh. Altaisaikhan, head of the "National Center for Diabetes" NGO at the Mongolian National University of Medical Sciences. International data suggest that for every 1,000 Mongolians aged 20-79, there could be 150 people with diabetes. This means up to 300,000 people might have diabetes in Mongolia, while fewer than 30,000 are under medical supervision by doctors in the country's 21 provinces and nine districts. Around 80 percent of deaths are due to diabetes, obesity, and cardiovascular diseases. Only 10 percent of diabetes cases are diagnosed in Mongolia, while the remaining 90 percent go undiagnosed. Globally, the detection rate is 50 percent, according to international research. Researchers at the University of London found, in a study of over 4,000 10-year-old children, that those who spent more than three hours a day looking at screens (computers, TVs, mobile phones) had an increased risk of developing diabetes.

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Sports

Football Players to Protest Against Ts.Anandbazar with a Sit-in Starting Tomorrow, May 1st

Published: 2025-04-30 | Translated from: ikon.mn

With special permission, photographs from MPA Agency were used. The Mongolian Football Players Association (MFPA) and the "Ochir" League Council's joint working group have announced their intention to stage a sit-in protest outside the Mongolian Football Federation (MFF) headquarters starting May 1st, opposing the election of Ts.Anandbazar as the new head of the Federation. The working group stated that the sit-in will start at 09:00 in the morning. The "Ochir" League Council, in connection with the extraordinary general assembly, set out three demands and postponed league matches for an indefinite period. Their demands include the removal of Ts.Anandbazar, the revision of the organization's regulations, and the holding of another extraordinary general assembly. Notice: Media organizations (Television, Radio, Social media, and Websites) are strictly prohibited from using our information in any form—either in full or in part—without prior agreement. Information may only be used with proper sourcing (ikon.mn) if agreed upon.

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Arts

UVURKHANGAI: Artists from Uvurkhangai and France Collaborate to Bring the Play "Nomadic Existence" to the Stage

Published: 2025-04-30 | Translated from: montsame.mn

Uvurkhangai province is celebrating the 25th anniversary of its partnership with Allier department in France this year. Commemorative events marking the anniversary are ongoing in Uvurkhangai. As part of these celebrations, artists from the Music and Drama Theater of the province, together with performers from the city of Vichy in France's Allier department, have co-produced and brought to the stage the play "Nomadic Existence." A team of 11 artists from Vichy, led by Fabrice Dubus, director of the Theater Association and an art critic, arrived in the province, including actors, singers, dancers, painters, lighting technicians, and other creative professionals. The play, which featured more than 20 artists in total, expressed themes such as Mother Earth, nature, climate change, its influencing factors, and their impacts on human life through music and drama. Both sides have expressed their intention to continue focusing on culture and the arts in their cooperation and to work on promoting and disseminating national cultural heritage in the future.

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Today's Stories

Politics

Economy

Diplomacy

Infrastructure

Society

Environment

Innovation

Health

Sports

Arts

Politics

Announcement of Decisions Made at the Regular Cabinet Meeting

Guidelines to be Issued for Everyone Regarding Tax Exemptions

N.Uchral: 'We Will Take a Firm Stance in Negotiations with Ontre Gold. No One Can Override the Law'

INTRODUCING: The following decisions have been made regarding the Northern Region

Draft Laws and Resolutions Submitted

Economy

Mongolian Investment Forum Held in New York City

Proposal to Postpone the Reinstatement of Import Flour Tax and Introduce Regional Quotas

Position: Investor Countries Express Opposition

Proposal to Reinstate Duty-Free Status on Imported Flour if Prices Rise Not Supported

There Is No Option But to Increase Revenue and Overcome Difficulties through the Alt-3 Campaign

BULGAN: Implementation of 15 Investment and Development Projects Planned

State Bank JSC Holds Its Regular Shareholders' Meeting

Khan Bank JSC distributes dividends to its shareholders

ORKHON: Government Working Group Meets with Mining Company Representatives

Diplomacy

Embassy Issues Warning About Detained Mongolian Citizens

Expanding Mongolia-Spain Relations with an Economic Focus

UNWTO Secretary-General to Visit Mongolia

Infrastructure

The Government Meeting Will Discuss Reforms in the Energy Sector

Mortgage Loans to Be Provided for Private Houses in Ger Districts and Rural Areas

Implementation of Wind Power Plant Project in Dundgovi Province

APBKH: Five out of 14 Mega Projects Have Started Successfully

Issues Facing the Construction Sector Discussed at the "CONSTRUCTION MARKET–2025" Forum

14 Companies Submit Bids for Two Packages Worth ₮826 Billion to Build Housing for 4,362 Households in Selbe Subcenter

Wind Power Plant Project to be Implemented

The Proliferation of Unauthorized Construction Becomes a "Malady"

N. Munkhbayar: Out of 2,206 property plots affected by the Selbe sub-center project, about 30 citizens refuse to give up their land

Schedule of Power Outages in Ulaanbaatar City and Tuv Province on May 1

Public Spaces to be Created at Bus Stops Along Main Road; Car Parking to Become Green Areas

Public Transport Bus Service Begins Operation to Baganuur District

Hot Water Restriction Schedule Announced

Society

Warning Issued Regarding Increase in Mongolian Citizens Suspected of Theft Crimes in Japan

People Sentenced for Fraudulently Promising Discounted Apartments through MPP

Kyrgyzstan and Mongolia Exchange Experiences on Social Protection Systems and Pension Policies

Incorrect Reports Circulating While Cause of Death of Mongolian Citizen B.O. in Malaysia Remains Unclear

You must fill out an online arrival card to enter Thailand

"Lawyer's Pro Bono" Day to be Held Tomorrow at Central Square

Environment

Wildfires Occur in 55 Sums Since the Beginning of the Year

Instead of just "shouting" about increased fire risk, officials should focus on improving equipment supply

Central: Waste Incineration Plant to Be Built Without Emitting Toxic Smoke into the Air

SELENGE: High-speed Starlink satellite devices handed over to districts affected by wildfires

Innovation

Government: Students Can Study at Top World Universities After 2 Years of Domestic Study

Arig Bank Successfully Implements ISO/IEC 27001:2022 International Information Security Standard and Receives Certification

Some Requests Should Be on Paper Because Electronic Services Cannot Be Delivered to Citizens in Rural Areas

P. Naranbayar: The Regulations of the Education Loan Fund Have Been Updated and Will Be Implemented Within the 2+2 Program Framework

Audit Underway on the 2017-2024 Operations of the Education Loan Fund

T.Enkhdol: By Including the 'Plastic Recycling Technology' Course in University Curricula, We Will Train Specialists in the Field

Health

VS: Were Quality Medicines Supplied at a Low Price or Not?

G.Yalalt: Conscripts Will Be Tested and Diagnosed for Infectious Diseases such as Tuberculosis, HIV, and Syphilis

A State-of-the-Art High-Capacity MRI Machine Installed at the National Trauma and Orthopedic Research Center

Issue raised: Children under 16 are being diagnosed with diabetes

Sports

Football Players to Protest Against Ts.Anandbazar with a Sit-in Starting Tomorrow, May 1st

Arts

UVURKHANGAI: Artists from Uvurkhangai and France Collaborate to Bring the Play "Nomadic Existence" to the Stage

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