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Mongolia News Summary for April 12, 2025

Mongolia News Summary for April 12, 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.

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Politics

The Government is Urgently Negotiating with "Rio Tinto" and "Entre LLC"

Published: 2025-04-11 | Translated from: news.mn

The Member of Parliament, O. Batnairamdal, posed a question to Prime Minister L. Oyun-Erdene regarding the Oyu Tolgoi issue. According to the appendix of the 27th resolution of the State Great Khural enacted in 2007, related to the Oyu Tolgoi copper and molybdenum group deposit which falls under the category of strategically significant mineral deposits, "Entre LLC" holds two of the five special mining licenses (MV-015225, MV-015226) related to the group deposit area, which account for about 30% of the total approved reserves. Regarding issues related to these special licenses, based on the arbitration decision made on 19th December 2024 in Vancouver, Canada, in accordance with article 6.2 of the Constitution of Mongolia and articles 5.3 and 5.5 of the Law on Minerals, information was requested on whether negotiations have started on establishing the government ownership share and ensuring the national interests of Mongolia, as well as the progress. Information was also requested on whether all possible scenarios, including financial calculations for utilizing the Oyu Tolgoi group deposit in line with ensuring Mongolia's national interests, ownership of common shares, and special royalty fees, have been carried out, along with details of these financial calculations and studies. Furthermore, it inquired how the Government of Mongolia calculated the current value of its 34% ownership of common shares in Oyu Tolgoi LLC, when and with what amount the first dividends will be distributed for this ownership, and detailed calculations and research information on how the share of resources and wealth attributable to Mongolia, owned by Entre LLC, affect this valuation. The General Department of Taxation of Mongolia imposed back taxes, fines, and penalties amounting to a total of 1.3 trillion MNT on Oyu Tolgoi LLC for the years 2013-2015, 2016-2018, and 2019-2020, amounting to 377.1 billion MNT, 649 billion MNT, and 279 billion MNT, respectively. Following reports by the Australian "Financial Review" newspaper on 22nd January 2025 that Rio Tinto offered to settle the tax dispute with the Government of Mongolia for 295 million USD (or 814 billion MNT), detailed information was requested on the progress of this tax dispute and the proposals received from Rio Tinto. Additionally, Mongolia canceled its double taxation agreement with the Netherlands, effective 28th November 2012, to combat tax avoidance through international transfer pricing mechanisms. However, in December 2023, Oyu Tolgoi LLC transferred its head company registered in the Netherlands, where there is no double taxation agreement with Mongolia, to Singapore, a country with which Mongolia has such an agreement. Information was requested on preventive measures implemented to avoid recurrence of tax avoidance risks through the transfer pricing mechanism and whether the conditions for Oyu Tolgoi LLC to pay taxes fairly in Mongolia have been established. Questions were raised regarding the percentage of the total debt reflected in the financial statements of Oyu Tolgoi LLC, amounting to approximately 18.0 to 20.0 billion USD, attributed to related parties, specifically the parent company Rio Tinto. Details on the circumstances under which this debt arose, as well as the interest payments calculated in USD/MNT, were also sought. As of 2025, the Oyu Tolgoi project employs less than 5,000 regular employees, while over 20,000 employees from subcontractor companies participate in the development. With the completion of the underground mining development in the reporting year and the transition of the project implementer to a stable mining company, information was sought on human resource policies and plans for the transition period. Information was requested on the sale of foreign currency from revenue generated by Oyu Tolgoi LLC to the Bank of Mongolia over the past five years and planned figures for the next five years. In line with the 103rd resolution of the State Great Khural in 2021, information was requested on the reports of an independent audit conducted on the underground development of Oyu Tolgoi, and if not conducted, an explanation of why it was not. Finally, Rio Tinto purchased 49% of the shares issued by Turquoise Hill Resources, a publicly traded company on international stock exchanges, in 2022, turning it into a private company, which closed off previously publicly accessible information on the Oyu Tolgoi project. Information was sought on whether preparations are being made to make Oyu Tolgoi LLC a publicly listed company on the Mongolian stock exchange, in line with the goal of ensuring transparency and public access to information, as stated in article 5.6 of the Law on Minerals, to deliver the benefits of natural resources to the public and ensure good governance.

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Member of Parliament U. Shijir Appeals to Auditing Organization Regarding Political Donations

Published: 2025-04-11 | Translated from: isee.mn

Member of Parliament U. Shijir has appealed to the auditing organization about the issue of political parties and politicians using donations from companies with foreign investment, such as "Energy Resource" LLC, for their election campaigns. MP U. Shijir has reached out to Chief Auditor D. Zagdjav about certain political parties violating the law by accepting donations from enterprises with foreign investment, such as "Energy Resource" LLC, during the 2024 regular elections of the Parliament. He stated, "According to the law, political parties are prohibited from accepting donations from organizations with foreign investment. If a forbidden entity sends a donation, the recipient is obliged to return it, but reports indicate that these funds were used without being returned. It is unfortunate that the State Audit Office did not mention this in their report. I have sent an official letter to the Chief Auditor of Mongolia, asking whether any responsibility will be imposed on parties or alliances that violated the law by accepting donations, and why this issue was not mentioned in the conclusions of the National Audit Office."

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It is necessary to keep the social insurance fund free from political influence

Published: 2025-04-11 | Translated from: unuudur.mn

Members of the State Great Khural are working to amend the General Law on Social Insurance and are holding discussions involving representatives from various fields such as law and business. They emphasized that their draft law aims to correct the distortions in the social insurance system. For example, they proposed stopping the double collection of social insurance contributions from both employees and employers, as well as from work performed under principal, temporary, or one-time contracts at the same rate. The law also includes stopping the collection of fees from additional benefits such as meals, transportation expenses, and housing allowances provided by employers to employees. However, the Mongolian Trade Union Confederation expressed their stance on this issue yesterday, opposing the changes proposed in the bill, stating they are ineffective and unfounded. They believe that if these changes are enacted by law, it will result in a loss of 725 billion MNT to the social insurance fund. Legislators stated that instead of reducing or making zero the contribution rates, it is necessary first to make the social insurance fund independent, free from political influence, and to introduce a multi-tiered pension insurance system. They also emphasized the urgency of drafting and passing the Private Supplementary Pension Act. Additionally, attention should be paid to ensuring that the social protection issues of 530,000 workers engaged in informal sectors under wage-based or equivalent contracts are not ignored.

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Chairman of the Standing Committee on State Structure J. Bat-Erdene Meets with Representatives of the Organization for Security and Co-operation in Europe

Published: 2025-04-11 | Translated from: isee.mn

Chairman of the Standing Committee on State Structure of the State Great Khural J. Bat-Erdene received representatives of the Organization for Security and Co-operation in Europe (OSCE), including Nadia Syrenko, specialist in charge of legislative assistance at the Office for Democratic Institutions and Human Rights (ODIHR), and Fernando Casal Bértoa, a member of the core group of political parties experts. At the beginning of the meeting, Chairman J. Bat-Erdene expressed gratitude for their visit to exchange views on the Law on Political Parties and emphasized that improving the functioning of political parties is crucial for the country's stability, democracy, and development of human rights. Nadia Syrenko noted that the OSCE assesses whether member countries' laws comply with international standards and mentioned that in 2022, upon the request of the Speaker of the State Great Khural, they worked with the Venice Commission to assess the draft law on political parties. She indicated that several online meetings had been held with representatives of the State Great Khural during the assessment process. She also stated that their organization is currently working on evaluation at the request of the General Election Commission. Despite improvements based on their recommendations when the law was adopted, some areas needing enhancement were still noted. She stated that to evaluate the Law on Political Parties, they are collecting information by meeting with the General Election Commission, Supreme Court, Anti-Corruption Agency, and representatives of various political parties. She emphasized that their final conclusions will be based on this information. Chairman J. Bat-Erdene expressed the view that it is necessary to make certain changes to the law on political parties, particularly to clarify party financing and make subsequent changes to the law on elections of the State Great Khural. The chairman provided information about the financial status of candidates participating in political elections, campaign expenses, and the reasons for amending the Law on Political Parties. He also shared his position on the requirements for candidate financing and exchanged views on party financing. The OSCE's Office for Democratic Institutions and Human Rights (ODIHR) was established in 1991 and conducts activities such as monitoring election processes in OSCE member countries, providing technical assistance and advice to electoral and human rights institutions, supporting the development of NGOs and civil society, and organizing training and seminars for them. It actively works to protect human rights and address discrimination based on ethnicity and religion, combat human trafficking, strengthen law enforcement, and promote democratic development.

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Can the New Law Unshackle the Free Press?

Published: 2025-04-11 | Translated from: unuudur.mn

The revised draft of the Press Freedom Law, originally passed 27 years ago, was introduced to the State Great Khural on January 24 this year. Although around 10 draft laws have been developed to amend it over the past decade or so, none have been successfully passed. As the media industry currently evolves with technology and new platforms like electronic media and data journalism, there is an undeniable need to update the old law and improve the legal framework. The new version of the law is planned to be discussed and passed during this spring session. However, experts both domestic and international continue to point out numerous areas in the draft that need improvement, leading to ongoing suggestions and recommendations. Let’s summarize the developments up to now. "ONLY PROTECTING THE SOURCE OF FACTS IS INSUFFICIENT" The Press Freedom Law concerns not only journalists and professionals in the sector but is intrinsically linked to everyone’s right to know, speak, and express opinions. Thus, every word, sentence, and punctuation in the law relates to all individuals. Many eagerly await to see the philosophy behind the law and if past mistakes have been corrected. In particular, not only media professionals but also lawyers, human rights organizations, and ordinary citizens are expressing their views and standpoints regarding the law. For instance, Toby Mendel, Executive Director at the Center for Law and Democracy in Canada and legal advisor for UNESCO, has examined the components of the Press Freedom Law and provided technical support. He recently presented his review and critiques. The review noted that the definitions of “media organization” and “journalistic activity” are interconnected and dependent on each other. Listing media types as “newspapers, magazines, radio, television, websites” is seen as a weakness, as media can also take other forms like Facebook pages or YouTube channels. Instead, the definition should focus on the primary function of the media, which is to regularly distribute news approved by the editorial board to the public or a specific audience. Moreover, voluntary media activities by bloggers or influencers that meet professional media standards should be given attention. Additionally, while defining “media outlet” and “journalist,” the necessity of defining “journalistic activity” remains uncertain. If defining this term is necessary, it should encompass all activities a journalist undertakes in preparing content for dissemination via media, in a simple manner. The current definition, which includes elements like “publishing, broadcasting, disseminating via media” or “delivering information to the public,” is overly complex with overlapping nature. Some media include volunteer staff, and elements like “professional” are unnecessarily included instead of broadly covering journalist activities. Furthermore, in clause 4.1.7 of the draft law, the term “source” is defined to include both the factual basis of information and the entity providing it. Article 13 provides for protecting the confidentiality of information sources. Only protecting the factual source is insufficient. The main purpose of source protection is to enable individuals to share information with journalists confidentially. This protection must extend to information that might identify a source, such as a journalist’s notes or phone conversations. Section 4.1.8 defines the right of media organizations and journalists to conceal their sources. It must be stated that this is not a definition, but rather a provision that establishes a real right. RISK OF STATE CONTROL UNDER THE GUISE OF RESPONSIBLE MEDIA In addition, the collaborative presentation by the Global International Center and UNESCO’s Mongolian National Commission on the draft law included many recommendations. At the beginning of their presentation, they highlighted that the current implementation of the Press Freedom Law is inadequate, and warned of the potential risk of state control emerging under the guise of responsible media. In other words, the objective section of the law that states “to develop responsible media” has a subjective nature and is at risk of being a general provision that could affect press freedom. It is prohibited for the state to pass laws limiting the freedom of media and to establish censorship over public content. However, they warn that state control might arise under this comforting notion of “responsible media.” Additionally, clause 7.4 of the draft law stipulates that the editorial board of media organizations must be responsible for the truthfulness of the material they publish or broadcast, which could lead to a situation where the state imposes an understanding of what is considered true, impacting the editorial independence. The presentation clearly suggests removing this clause. 43.7% OF THE 1,077 CRIMINAL CASES INVOLVED JOURNALISTS The revised law expanded the previous four-article “compact” law into six chapters with 16 articles. Legal experts, human rights professionals, and journalists commend the content improvements, though they caution about potential deficiencies still present, fearing it might serve authorities more than protecting press freedom. The legal expert B. Purevsuren from the Global International Center pointed out, “The principle that state bodies should not file complaints against media disseminated information is commendable. From 1999-2020, courts resolved a total of 1,077 civil and criminal cases related to defamation, insult, and false information, and 43.7% were against journalists and media outlets. The bulk of these cases against journalists originated from government officials' complaints. In pursuit of safeguarding press freedom, it’s sensible to limit conditions for public figures to lodge complaints, acknowledging their role in accepting open criticism and their choice to remain under public scrutiny. On January 10, 2020, the State Great Khural introduced a new crime under Article 13.14 of the Criminal Code for “disseminating false information.” In the first half of 2020-2024, a total of 2,260 cases were registered, significantly affecting press freedom. For instance, this includes 144 cases where charges were brought, and 133 cases that went to trial. Furthermore, the National Human Rights Commission noted journalists face restrictions in searching, obtaining, and disseminating information. State bodies have shown a tendency to impede information seekers by not providing information meant to keep state operations transparent and open. Among the surveyed journalists, 29.7% expressed concern about the inability to find sources and work within legal boundaries. The thoroughness and complexity of communication with state bodies must be improved, and the law on transparency of public information must be enforced as certain state bodies have rendered accessible information internal and off-limits through their internal rules.

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The Corruption Case Involving Former Chief Prosecutor of Sukhbaatar District E. Amarbat to Be Heard Next Week

Published: 2025-04-11 | Translated from: isee.mn

Former Chief Prosecutor of Sukhbaatar District E. Amarbat, former Deputy Director of the National Forensic Institute Ts. Gantulga, lawyer P. Odontungalag, and B. Mandakhbayar of "Bayan Khotor" LLC are involved in a corruption and abuse of power case that we previously reported on. The preliminary hearing for this case is scheduled to be held next Tuesday, April 15th, at the first instance criminal court of Bayanzurkh, Sukhbaatar, and Chingeltei districts. The former Chief Prosecutor of Sukhbaatar District, E. Amarbat, along with the former Deputy Director of the National Forensic Institute Ts. Gantulga, lawyer P. Odontungalag, and B. Mandakhbayar of "Bayan Khotor" LLC, are implicated in a corruption case, for which the prosecutor has charged them under sections 22.5-1, 17.3-2.2, 21.2-1, 22.1-2, 22.4-2, 10.4-1, and 21.14-2 of the Criminal Code.

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Economy

The exchange rate of the US dollar increases by 35 tugriks in three days

Published: 2025-04-11 | Translated from: isee.mn

The exchange rate of the US dollar against the tugrik continues to strengthen. The official exchange rate announced by the Bank of Mongolia has reached 3530 tugriks. In other words, the US dollar's rate increased by 35 tugriks within three days. At the beginning of the week, the US dollar was equivalent to 3495 tugriks. The director of the Bank of Mongolia, B. Lkhagvasuren, explained the rate increase as being linked to the rise in imports.

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The Development Bank Will Provide Exporters with Specialized Financial Support

Published: 2025-04-11 | Translated from: unuudur.mn

The Development Bank of Mongolia and the Mongolian Chamber of Commerce and Industry jointly organized a discussion to gather feedback on the draft revision of the Development Bank of Mongolia Law. The bank aims to operate under the principles of an export-import (Exim) bank. Currently, Mongolia's export and import activities are heavily reliant on a few countries, and the high cost of exports for businesses is concerning. Reducing these costs could have a positive impact on the economy. At present, 92% of Mongolia's exports are from the mining sector, with only 8% from non-mining sectors. Relying too much on a single sector has negative economic effects, and increasing this 8% share is a stated goal of the bank. To achieve this, the bank plans to employ various forms of financial support such as payments, trade financing, guarantees, loans, and consultancy services. It also expressed its intention to support exports from non-mining sectors such as tourism, information and communication technology, renewable energy, meat and dairy products, cashmere, and yak and camel wool, leather, and hides. Currently, only 5% of loans provided by the four major banks with systemic influence are directed towards exports, with the remaining 95% directed towards imports. The Development Bank will support exporters with specialized financial tools. Due to the lack of risk protection for foreign trade by commercial banks, they have been granting export financing sparingly. Hence, the Development Bank seeks to fill the gap by offering loans to enterprises engaged in the production of export goods under flexible conditions. According to international standards, an Exim bank operates with the role of encouraging and financing the export of domestically produced goods and services, supporting industrial growth, and maintaining domestic production and employment. Over 120 representatives from Mongolian exporter enterprises participated in the discussion, emphasizing the need for the Development Bank to improve governance, become less politically influenced, and ensure stable executive leadership, while expressing a desire for quicker access to financing. They were pleased to hear that the bank will support small and medium-sized businesses. Among the participants was G. Choijamts, CEO of Khuu Uur, who expressed optimism that the Development Bank's operations would improve, seeing a "light at the end of the tunnel." He noted that questions like "Do you have prior experience exporting products?" can pose difficulties when acquiring financing. In response, representatives of the Development Bank stated that they are willing to support enterprises without previous exporting experience if their projects show promise, and they are actively looking to collaborate with small yet growing enterprises, offering consultancy services until project completion. The discussion pointed out the need for the Development Bank to enhance its governance and independence, expand its core activities, and the draft revision of the Development Bank of Mongolia Law aims to address these concerns with the government's support for introducing it to the State Great Khural (Parliament). Current financial indicators, loan quality, and checks by relevant authorities suggest that the bank is unable to fulfill its statutory duties effectively. During the session, Narantuyya Zolzaya, CEO of the Development Bank, highlighted that it currently operates similarly to commercial banks with a reduced balance sheet and aims to secure loans from international financial institutions for major investments. A legal revision is deemed necessary to make this possible. Originally enacted in 2011, the law has allowed the government to decide which projects and programs receive financing, with board members being appointed through political decisions. The majority of loan decisions have been made by the board. If revised, the law would allow the government to set financing policies for specific sectors or directions, and the board would oversee, while the executive management would make loan decisions based on these policies and be responsible for ongoing project monitoring. Over the years, the Development Bank's board has changed 11 times, averaging 1.6 years of tenure, while the CEO position has changed eight times with an average of 1.8 years of service. The bank's organizational structure has been altered 10 times, and 90% of its staff, equivalent to four out of five employees, have changed. Such frequent changes undermine the ability to work consistently and reliably. The 2011 law stipulated that the Development Bank should provide financing for priority sectors, but these sectors were not clearly defined. Unnecessary investments in certain projects and a high volume of bad loans have necessitated improvements in asset quality. The revised law mandates that the Development Bank will not cover 100% but up to 85% of financing for any project, while conducting phased monitoring. Only two of the nine board members would be appointed from the Ministry of Economy and Development and the Ministry of Finance, with the rest selected through an open process. The goal is to align the Development Bank's governance with international standards. The legal reform of the Development Bank of Mongolia's status incorporates several major changes aimed at refining financial and project funding related to development, including export and import financing, with a focus on principles, requirements, oversight, transparency, and independence. The revised framework will align the bank's operations with Exim bank practices, prioritizing the economic impact, effectiveness, and financial viability of projects rather than merely economic profit. Additionally, the law grants the bank the legal capability to finance government-supported projects and programs in infrastructure, energy, and mining extraction industries that are identified for state support. Since its establishment, the bank has played a crucial role in large-scale infrastructure such as "Power Plant-4", "Amgalan" thermal power station expansions, and financed road projects linking provinces. Overall, the Development Bank of Mongolia is expected to focus on social and economic impacts rather than economic profit as seen in commercial banks. However, this balance has been compromised under the current law. For instance, since 2017, over 80% of loans were granted by board decision, with only 15% decided by executive leadership. Out of the outstanding loans, only 5-6 of the remaining 33 loans are considered high quality, prompting the need for a law revision to address these issues. In summary, the revision aims to revitalize the bank's operations, aligning its functions, authority, responsibilities, and governance structure with international standards, enabling independent financial decision-making.

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China Changes Tax Refund Policy for Foreigners

Published: 2025-04-11 | Translated from: isee.mn

The People's Republic of China has changed the conditions for the tax refund previously given to foreign nationals upon leaving the country, now allowing for the refund to be issued immediately upon purchase. The Ambassador Extraordinary and Plenipotentiary of China to Mongolia, Shen Minjuan, announced via her social media account, "Good news for foreign tourists in China. China has changed its tax refund policy and will now issue refunds immediately upon purchase instead of at the border. This means tourists can receive their tax refunds right after shopping." Good news for foreign tourists in China! China changed its tax refund policy, and by allowing refunds immediately upon purchase instead of at the border, tourists can now receive their tax refunds right after shopping.

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B. Purevdorj: Coal transport costs $18 per ton on a railway built for 5 trillion

Published: 2025-04-11 | Translated from: isee.mn

Member of Parliament B. Purevdorj provided information regarding the operations of Tavantolgoi Railway LLC. "Today, railways are considered the cheapest mode of transport worldwide. In Mongolia, the Tavantolgoi railway was built for 5 trillion MNT. Currently, the transport contract from Tavantolgoi for road transportation is $15.74 per ton. However, transporting 1 ton of coal from Tavantolgoi to the Gants Mod coal site via Tavantolgoi railway costs $17.97. If transport costs are higher than road transport, then why was the railway built for 5 trillion? Behind this, it is evident that state-owned companies have too many people working unproductively, with some individuals making it a place for exploitation due to political influences, necessitating such high transport costs. Today, Tavantolgoi Railway Company has 1000 employees, with 180 working in Ulaanbaatar City, renting a 1800 square meter office space at high costs, and 120 of them have not seen the Tavantolgoi railway. Meanwhile, only 9 people work on the Khangi Mandal railway," he said.

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Investing in the Stock Market with Dividends from 1072 Shares

Published: 2025-04-11 | Translated from: ikon.mn

"Mongolian Stock Exchange" JSC has launched a campaign called "Let's Invest and Grow in the Stock Market with Dividends from 1072 Shares" to guide the flow of money entering the stock market, organize it properly, and promote investment, with the aim of increasing returns and raising public awareness. This campaign is intended to boost the activity of participants in the stock market and educate the public about the opportunities available. Within the framework of this campaign, people interested in purchasing stocks, bonds, and other products for the first time using the dividends from 1072 shares of "Erdenes Tavantolgoi" JSC, and participating in trading, are being registered. By creating a registration through the provided link, individuals will have the opportunity to participate in training (free of charge) organized by the "Mongolian Stock Exchange" JSC. Source: Mongolian Stock Exchange Notice: Media organizations (Television, Radio, Social and Web pages) are prohibited from using our information in any form, fully or partially, without agreement, and must cite the source (ikon.mn) if agreed upon.

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The Government Plans to Issue Bonds in the Domestic Market - Securities Association Responds

Published: 2025-04-11 | Translated from: ikon.mn

Gombosuren Enhbat, Chairman of the Board of the Mongolian Securities Dealers Association, expressed his views on the Mongolian Government's plan to issue 10.0 billion MNT worth of 6-month and 24-month government securities in the domestic market next week. He is pleased because the issuance of government securities creates a benchmark yield, or a "risk-free rate," which has been missing in the financial market as these securities have not been traded domestically for the past 7 years. During this period, the central bank's policy rate has been considered the benchmark rate due to the absence of government securities. However, the policy rate is established only between the central bank and commercial banks, leaving it unable to guide the broader market participants effectively. Government securities involve a variety of investors, such as banks, insurance companies, investment funds, businesses, and individuals, making their yields a true market-driven benchmark. - Why do you think the government hasn't issued bonds for so long? - It would be better to ask them directly. In my opinion, it might have been due to excessive populism, vision, and concerns about budget revenues and expenditures. If the budget revenue is reasonable, there is little need to seek funding with interest. However, during this period, we did issue bonds in the foreign market. In 2012, the Chinggis bonds were issued on the international market with 5-year and 10-year terms at 4.125% and 5.125% interest rates, respectively—a significant achievement. Meanwhile, the domestic bond interest rate rose from 8% to around 15-16% when we joined the IMF program, making domestic sourcing costly. Unfortunately, due to the appreciation of the US dollar, these bonds incurred higher costs. - Looking forward, is it correct to trade government securities domestically? - I believe it is correct. When Greece defaulted in 2015, the main reason was debt, especially foreign debt. Japan, facing a similar situation, had mostly internal debt. The current tariff issues in the US, led by President Trump, relate to their national debt. Our perspective should be to be cautious of foreign rather than domestic debt. Building a stable foundation for domestic government securities trading is strategically correct. In addition to covering short-term budget deficits, using government securities as a monetary policy tool could improve fiscal and monetary policy alignment. - What's the expectation for the yields on the new government securities? - That's an interesting question. There hasn't been much competition in domestic financial market yields recently (laughed). Investors have probably almost forgotten. Under the government securities regulation, yields are differentiated and set competitively as well as non-competitively. The government plans to auction 10.0 billion MNT next week, with expected yields around 8.95-9.00%. - Is this yield too low? What might future yields be? - For commercial banks, it's reasonable, but low for other investors. Commercial banks' deposit rates are around 12%, bond market rates are 17-19%, and non-bank financial institutions' funding rates are 18-21%. As trading volume increases, yield levels will diversify. Especially if the central bank limits central bank bill issuance, the market will become more interesting. Banks will need more liquidity deployment options, focusing on domestic government securities and corporate bonds. - Anything else you'd like to say? - I hope the government doesn't repeat past mistakes. Previously, they issued 5- and 8-year bonds, locking interest rates during the term. This increased the government's interest burden while subjecting investors to long-term interest rate risk. The idea is to issue a new bond with a different interest rate when an existing one matures, like the US does with 30-year bonds. If banks can invest in long-term bonds, they can implement major projects, benefitting the country.

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The Easiest Way to Participate in Canton Fair 137!

Published: 2025-04-11 | Translated from: ikon.mn

Now you can participate in the Canton Fair from anywhere and at any time! Download the official app on your phone: - Discover new products. - Connect directly with factories and suppliers. - Expand your purchases and business collaborations! - Bring your business to a global level! Scan the QR code below to download the CANTON FAIR app! Benefits of Participating in the Online Canton Fair The Canton Fair (China Import and Export Fair) is China's largest trade exhibition, and participating in its online version offers many advantages. 1. Save Time and Money - No need to travel to China, thus saving on travel and accommodation costs. - Participate from home or your workplace. - Communicate with multiple suppliers at the same time. 2. Connect with a Broader Range of Suppliers - Directly connect online with China's largest manufacturers and exporters. - Choose from thousands of companies across various sectors. 3. Direct Communication and Negotiations - Organize online meetings to directly negotiate prices. - Clarify product quality and specifications through video calls. 4. Explore New Products and Market Trends - View new products introduced by manufacturers and explore new business opportunities. - Discover technological innovations and cost-effective products. 5. Simplified System for Documentation and Negotiations - Place orders and sign contracts online. - The language barrier has been reduced as many Chinese factories can now communicate in English. 6. Expand Your Business and Discover New Opportunities - Open B2B business opportunities with China and other countries. - Find new trading partners. How to Use the Canton Fair APP The official app of the Canton Fair allows exhibitors and visitors to search for products, connect with suppliers, and participate in online events. 1. Download the Canton Fair APP - Android: Search and download "Canton Fair" from Google Play Store. - iOS (iPhone, iPad): Download from the App Store. - Visit the official website at www.cantonfair.org.cn/en-US and use the download link. 2. Register & Log In - New users: Register with an email or phone number. - Existing users: Log in with your username and password. - Customize your business information and sector of interest to receive more tailored recommendations. 3. Key Features - Product Search: Search by category or keyword. Use filters to view by price, manufacturer location, quality certificates, etc. - Search for Manufacturers and Suppliers - View company lists, profiles, and contact information. - Initiate direct chats or video calls. - Live Streaming - Factories present and demonstrate their products live. - Ask questions and negotiate in real-time. - Online Meetings and Negotiations - Schedule and hold video meetings with suppliers. - Obtain quotes and make agreements. - Participate in Exhibition Events - Join webinars, forums, and industry sessions. - Get information on new market trends and products. 4. Place Orders and Start Business - Obtain quotations from suppliers. - Discuss trade contracts and agree on shipping terms. - Use secure payment options. The Canton Fair APP makes it easier for international businesspeople to find products in the Chinese market, so give it a try! If you need help with a particular step, CLICK HERE to contact us. Mongolian Trade Promotion Society Warning: Media outlets (TV, radio, social media, and websites) are prohibited from using our information completely or partially without consent and must credit the source (ikon.mn) if used after an agreement.

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VIDEO: Campgrounds "Nars", "Undraa", "Yanzaga", and "Sansar" Are in Debt Due to Land Tax

Published: 2025-04-11 | Translated from: isee.mn

As of today, there are 61 registered state and private children’s camps in the country, about 40 of which are operating consistently. The number of children's camps has been decreasing yearly, and some camps are facing closure due to the imposition of land taxes. Specifically, with the amendment made on July 7, 2021, to the Law on Land Fees, it became a requirement for private camps to pay land tax annually, causing five out of eight major camps operating near the capital to face possible closure. We spoke with Ts. Tuyasikh, director of the "Nars" children's camp, about these issues. The Law on Land Fees was first adopted in 1997. An amendment in 2006 stated that children's camps would be exempt from land fees, regardless of the form of ownership. This provision was significant government support, allowing children's camps to operate in a stable manner over the long term. However, on July 7, 2021, during the COVID period, an amendment was introduced to the Law on Land Fees, changing it to 'State and locally-owned camps are exempt from fees'. This has led to children's camps, especially those in the green zones surrounding the capital, having to pay very high land fees. Due to this tax, camps are facing severe difficulties and may not continue to operate as children’s camps. For example, which camps have accumulated debts and are on the brink of stopping operations? Eight major camps were located in the green zone surrounding the capital. Now, only three remain operational. Around 70% of children's camps operate without government support, relying on their own income for operational costs. Camps such as "Yanzaga", "Sansar", "Undraa" and others owe between 165 to 624 million MNT, and their accounts are closed. Children’s camps operated partially in 2020 and not at all in 2021 due to COVID. During that time, we made repairs and renovations to open in 2022. However, in the fourth quarter of 2022, money was suddenly withdrawn from our account one day. "What happened?" When checked, we were told that "a very high land tax had been charged to you and your account was closed because you owe 260 million MNT". We thought we had no debts under the agreement with the land office. We were given no notification from the land office or the tax authorities. We only found out when the account was closed in 2022. Since 2022, we have approached all ministries and government agencies through the National Camp Association of Mongolia, sending requests and support letters. All those documents ended up back at square one: "The law is like this. You have to amend it to solve this issue.” The Ministry of Construction and Urban Development submitted a revised Law on Land Fees, which states in 9.1 that certain entities are exempt. We want the exemption to cover children’s camps regardless of ownership form as per 9.1. For the "Nars" camp, the current tax owed is 162 million MNT annually, with the amount doubled for being in a forest area. We have a debt of over 600 million MNT in land fees over four years. Last year, we tried to pay at least a little and transferred 20 million MNT to the land office. Generally, children's camps operate from June 10 to August 20, during school breaks, with limited income-generating time. Therefore, paying such taxes is challenging. The higher the taxes, the higher the price for a child's camp attendance voucher. This tax eventually translates into a burden on parents. As prices increase, fewer children can attend, directly impacting their equal participation and opportunity. If land fees remain this high, running a children's camp will be impossible. Hence, children's resources won't stay with children. If all these camps go under, it's difficult to recreate such places in the future. There's been talk of creating "Friendship-2" camp for years. It's easy to demolish things but hard to build. We've devoted 23 years of hard work to this camp, hoping it remains for children. Children’s camps are integral educational facilities where children learn and develop, experiencing independence. Schools provide education in classrooms, while camps provide practical learning opportunities in nature, similar to a laboratory environment.

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There is a need to change the practice of blacklisting citizens with bad credit history

Published: 2025-04-11 | Translated from: news.mn

At the session of the State Great Khural, the proposal to discuss the draft law on amending and supplementing the Law on Credit Information and the accompanying resolution, submitted by Member of Parliament E. Batshugar, was supported. Once the draft amendment to the Credit Information Fund Law is approved, the following positive changes will occur: • The financial penalty known as the borrower's “blacklist” will be removed; • Interest rates and collateral requirements for borrowers will be reduced; • By reforming the system where only large enterprises and borrowers with collateral receive the most favorable financial services, conditions will be created to offer flexible loans without collateral based on the borrower's credit score to financially disciplined citizens; • With the introduction of a scoring system, the ability to assess credit risk will increase, creating the conditions for more accurate credit availability; • Accessibility of services in the banking and financial sector will improve, increasing competition in the sector and allowing citizens to choose the bank they wish to engage with, rather than being subject to the bank’s requirements; • The ability of the banking and financial sector to withstand risks will improve, having a positive impact on economic and financial stability. During the meeting, members expressed the need to change the current system which places citizens with bad credit history and low scores directly on a “blacklist”, preventing them from accessing loans for many years. The proposal was supported for further discussion in the Economic Standing Committee.

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Published: 2025-04-11 | Translated from: unuudur.mn

The case concerning the 49% share of the 'Erdenet factory' was deliberated at the Appellate Court for Criminal Cases in the capital yesterday, and the decision of the primary court's judge was upheld. Judge D. Dariisuren of the First Instance Court for Criminal Cases of Sukhbaatar District conducted the preliminary hearing of the case last December and ordered the prosecution to conduct additional actions under supervision. Previously, in December 2023, this judge held a preliminary hearing and ordered the case to be returned to the prosecution for additional investigation based on trivial matters, specifically noting the absence of two CDs in the case file. Moreover, he deemed the separation of charges against the accused, former Prime Minister Ch. Saikhanbileg and influential shareholder of the Trade and Development Bank D. Erdenebileg, as illegal and obstructive to establishing the facts. The appellate court found these decisions unsubstantiated and ruled for a decision by the lower court. However, D. Dariisuren demanded additional actions for other reasons, prompting the companies recognized as victims, namely Darkhan Metallurgical Plant and Khutul's 'Cement Lime', to appeal to the higher court, leading to the discussion in the capital's appellate criminal court. The preliminary court separated several criminal charges related to influential shareholder D. Erdenebileg of the Trade and Development Bank, combining them into 'the case of the 49% of Erdenet', which implicated significant damage to entities like the 'Khutul Cement Lime' JSC and 'Darkhan Metallurgical Plant' SOE. It was determined these should be separated from the main case as they involve unrelated crimes that are legally unsolvable together, and the case was returned for investigation. The appellate court reviewed and upheld the decision of the lower court's judge due to the absence of defendants wanted within Mongolia, deemed legally indefensible to conclude a case without their presence, thereby necessitating separate decisions for other defendants' cases. The '49% share of Erdenet factory' was accused of giving preferential conditions to 'Mongolian Copper Corporation' LLC and 'QSC' LLC in relation to the investment and concession agreement of 'Darkhan Metallurgical Plant' SOE, and deeply undervaluing and privatizing 'Khutul Cement Lime' SOE during 2012-2016 by involving State Industrial Minister D. Erdenebat, Economic Development Minister N. Batbayar, Finance Minister B. Bolor, Road and Transportation Development Minister D. Ganbat, and former Property Committee Chairman turned Constitutional Court member D. Sugar and C. Nanzaddorj as suspects. In addition to these high-ranking officials, O. Orkhon, Executive Director of the Trade and Development Bank; Ts. Purevtuvshin, Executive Director of the 'Mongolian Copper Corporation'; E. Shijir, Executive Director of 'QSC' LLC along with former Executive Director D. Batjavkhlan, company accountant D. Enkhtungalag, former director of the structural transformation and privatization department at the Property Committee D. Erevguilkham, 'Khutul Cement Lime' JSC leading officials S. Uranchimeg, R. Munkhuul, manager B. Munkhsoyl, and former Executive Director of 'Basement' LLC Ch. Enkhbold, as well as 'Railway Design Institute' and 'QSC' LLC affiliates have been named by the NPA in the indictment. Additionally, related to former Road and Transportation Development Minister D. Ganbat's actions, the Director of the Roads Policy Implementation Coordination Department at the Ministry of Road and Transportation Development D. Dorjkhand, Senior Specialist B. Minjbadam, and 'Yalguusan' company director L. Sanjaadorj have been counted among the accused.

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The average price of apartments in the capital has increased by 15% compared to the previous year

Published: 2025-04-11 | Translated from: ikon.mn

According to the MPA Agency, the housing price index reached 1.27, which is an increase of 15% compared to the same period the previous year and an increase of 1.2% from the previous month. In terms of age, the price of new apartments rose by 11.2% compared to the same period last year and by 2.1% compared to the previous month, while the price of old apartments rose by 17.4% compared to the same period last year and by 0.9% compared to the previous month, according to the National Statistics Office (NSO). Data presented by this office shows that the cost of both new and old apartments is highest in the Sukhbaatar district. Interestingly, newly built apartments in this district are almost 200,000 MNT cheaper per square meter than older ones. The average price per square meter of new apartments for sale in Ulaanbaatar is 4.48 million MNT, while for old apartments it is 4.49 million MNT. Warning: Media organizations (TV, radio, social and web pages) are prohibited from using our information in full or in part in any form without authorization. You can use it by citing the source (ikon.mn) only after an agreement.

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Diplomacy

Countries are sending back Mongolian citizens from the border, warns Ministry of Foreign Affairs

Published: 2025-04-11 | Translated from: news.mn

Since the beginning of the year, countries have been tightening their border controls and taking measures not to allow people with unclear purposes or who may overstay illegally into their countries. Specifically, there have been warnings from embassies and consulates that countries such as South Korea, Germany, and the United States are sending back Mongolian citizens from their borders. Authorities are exchanging views regarding the issues of Mongolian citizens being returned from the South Korean border, but no decision has been made yet. However, other countries have warned that when crossing their borders, purposes and documents, including return tickets, must be in order. When going through the Schengen area at Frankfurt International Airport in Germany, citizens are advised to prepare the relevant 'documents and information' in advance and to answer and show them to border police without difficulty. This includes having a return flight ticket in one's own name, hotel reservation, the name and contact number of the person receiving them, and if there is an invitation or host, including their name and phone number. Travelers must also indicate how many euros they plan to travel with. Additionally, the travel program should be clearly defined, and if there is no itinerary, the purpose must match what was filled out on the Schengen visa application form. There have been cases of people being sent back from the German Schengen border due to providing incorrect information, and it has also been emphasized that it is not possible to transit through the Frankfurt airport's transit area to other Schengen countries without a Schengen visa when using an official Mongolian passport.

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Notice: Incidents of Being Turned Back at the German Border Due to Incorrect Information

Published: 2025-04-11 | Translated from: ikon.mn

Please be aware of incidents of being turned back from the German border due to providing incorrect information. At the international Frankfurt airport in Germany, during border and passport control checks when entering the Schengen area, the following documents are being asked for and examined. Therefore, citizens traveling to this country are asked to prepare the relevant "documents and information" in advance and respond to the border police's questions without any issues: - Return flight ticket (in your name) - Hotel reservation for your stay, or the host's surname, first name, and invitation (provide the name and contact of the person meeting you if applicable) - Expression of travel expenses you are responsible for if you are a private individual, stating how many euros you are traveling with - Travel itinerary, or if no itinerary is available, explain your purpose of travel (the purpose should match what is filled out on the Schengen visa application form) Please be aware of incidents of being turned back from the German/Schengen border due to providing the above information incorrectly! Also note that it is not possible to transit through Frankfurt's airport transit zone to other Schengen countries using a Mongolian official passport without a Schengen visa! Source: Consular Section of the Embassy of Mongolia in Germany Warning: Media organizations (TV, radio, social media, and websites) are prohibited from using our information fully or partially without agreement and are required to use the source (ikon.mn) when agreed upon. Please take note of this!

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"Discussion on Visa Application and Deportation Issues Regarding South Korea"

Published: 2025-04-11 | Translated from: news.mn

The deputy leader of the Mongolian-South Korean parliamentary group, Member of Parliament B. Bat-Erdene, provided some information. He mentioned that he met with the South Korean Ambassador to Mongolia. Based on feedback from citizens regarding visas, the parliamentary group of both countries has been focusing on this issue. During the meeting, several issues were raised. Firstly, concerning the restriction on the right to travel, specifically the issue of citizens’ passports being held at the embassy for up to 30 days when applying for a visa. This is seen as restricting the right to travel to other countries. The South Korean ambassador to Mongolia stated that this detention of the applicant's passport is as per the country's law. Additionally, it was noted that there is no specified duration for holding the passport. Therefore, we officially requested at least a week-long duration. Secondly, in cases where a citizen’s passport is held for a long time and there is an unexpected duty, work, or health risk, retrieving the passport results in the immediate cancellation of the Korean visa application. There was a discussion about not categorizing this as a visa denial. The ambassador stated the need to prevent these violations in the future and to resolve them. The next issue is the six-month period before reapplying for a denied visa, which is another violation. Because of this, there are complaints about repeatedly applying for visas and facing issues at the visa centers. The ambassador mentioned that they could consider categorically separating the applications of individuals who repeatedly apply and are denied, to eliminate the six-month waiting period. The embassy expressed the possibility of resolving this issue positively. Thirdly, the issue of people being sent back from the border despite having obtained visas. Many people are sent back from the border for reasons such as unclear purpose or having a return ticket with a one-month validity. Therefore, a proposal was made to prevent returning citizens from the border once the visa has been issued.

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Infrastructure

Returned Draft Law on Trans-Asian Railway Network Agreement

Published: 2025-04-11 | Translated from: ikon.mn

At the beginning of today's session, a vote was held on whether to ratify the amendments to the "Intergovernmental Agreement on the Trans-Asian Railway Network". The majority of the members of the State Great Khural did not support it. Therefore, the amendments to the intergovernmental agreement were returned to the initiators of the draft law, according to the Speaker of the State Great Khural. According to the Law on the Procedures of the Sessions of the State Great Khural, article 78.3: The plenary session listens to the report of the law initiator, the proposals and conclusions of the Standing Committee, and holds an open vote based on the formulations proposed by the Standing Committee. If the majority of the members of the State Great Khural support it, the law is considered finally approved. The spring regular session of the State Great Khural began at the State Palace. Today's session will discuss the following issues: Amending the "Intergovernmental Agreement on the Trans-Asian Railway Network", submitted by the government, which will continue with negotiations and deliberations; and the draft law on nullifying certain provisions related to advocacy, submitted by MP G. Uyankhishig, undergoing initial discussion. Warning: Media outlets (TV, radio, social and web pages) are prohibited from using our information completely or partially in any form and must use it with acknowledgment of the source only in cases of agreement.

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Session: Law on Trans-Asian Railway Network Returned

Published: 2025-04-11 | Translated from: news.mn

The plenary session of the State Great Khural started today at 10:00. They are currently discussing the Law on Advocacy, and the draft law regarding the annulment of certain provisions of the Law on Advocacy is being reviewed. This draft was submitted by Member of Parliament G. Uyanga and is in its initial discussion phase. Member of Parliament D. Tsogtbaatar presented the Judicial Standing Committee's conclusions. MPs are asking questions. MP S. Erdenebold mentioned the conclusion provided by the Constitutional Court in 2022, which suggested that Provision 8.6.3 of Article 8 might limit the constitutional right to freely choose one's occupation. He supports the amendment on principle, noting that over 40 out of 400 members at the Bar Association were removed, resulting in numerous complaints. Since engaging in dual employment is not allowed for exam candidates, they might have to quit their jobs and could end up unemployed if they fail. Although the law permits engaging in advocacy alongside teaching and academic research, political and other types of work aren't allowed. He questions whether the entire law should be revised and mentions cases where defending certain crimes leads one to become a criminal. He asks how well the legal process for defending is protected under the law and how the rights of the advocate are safeguarded? MP G. Uyanga responded that the discussed question is timely. The provision in the Law on Advocacy noted by the Constitutional Court infringes on the rights of those intending to take the legal examination. The need to revisit this law in the future is acknowledged. An illustrative example is Provision 15.1.13 of the law concerning occupying positions in political parties and associated structures. Although advocacy isn't politically linked, the Company Law also prohibits advocates, highlighting the need to review dual employment provisions. Under the Criminal Law, advocates should enter the courtroom on equal footing with prosecutors, and attention is needed on gathering evidence and protecting the person during investigations. MP B. Uyanga suggested annulling Provision 8.6.3 of the Law on Advocacy and pointed out that as per the Constitutional Court's resolution, this provision was not deemed unconstitutional. The suggestion to improve this provision was noted, with discussions scheduled for a future date in the plenary session. She believes we should wait for the Constitutional Court's expert legal opinion. MP G. Uyanga acknowledged the provision's longstanding controversy as a challenge for lawyers working in advocacy. The State Great Khural has the ability to amend laws without requiring further discussions in the Constitutional Court if the Parliament takes the initiative leading to the provision's annulment through the legislative process. MP D. Tsogtbaatar emphasized the legislative role of the Parliament in resolving legal conflicts internally, thereby eliminating the need for Constitutional Court dialogues on certain laws. Following this, the proposal to support the draft law to annul specific provisions of the Law on Advocacy was subjected to a voting process, garnering support from 71 MPs, moving it towards the final approval phase. Chairman D. Amarbaysgalan concluded the session, stating that all issues for discussion were covered. The session adhered to the time limits set by procedural law.

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Barilga Expo International Construction Exhibition Opens for the 37th Time

Published: 2025-04-11 | Translated from: ikon.mn

The Barilga Expo international construction exhibition and fair, organized for the 37th time, has opened successfully. Globally, there is an implementation of green building and sustainable development policies. Recognizing this, BarilgaMN LLC encourages green development and social responsibility, organizing its international construction exhibition and fair under the slogan "Build smart..." for the 37th time, and it has opened today. At the opening ceremony, founding members of the Barilga Expo international construction exhibition, Chairman of the Board of Directors of Barilga MN, Executive Director of the Mongolian National Construction Association, Mr. G. Batsukh, State Secretary of the Ministry of Urban Development and Construction Housing, Mr. S. Tumurkhuu, Executive Director of the City Housing Corporation Mr. M. Govsaikhan, President of the Mongolian Association of Civil Engineers Mr. B. Gantulga, and other relevant officials were present. Around 400 enterprises, including manufacturers of building materials, suppliers, providers of advanced technologies, and implementers of new housing and house projects, are participating in the exhibition to present their products and operations. The exhibition will last for three days. During the exhibition, participants can explore innovative products, advanced technologies, and building materials from leading national and international companies. Additionally, meetings and discussions on key topics in the construction sector will be organized. Experts from the sector will deliver free lectures and seminars on government policies, real estate markets, mortgage loans, green buildings, and advanced technologies. Furthermore, participating companies will announce up to 40% discounts and incentives on new housing projects and introduce housing projects eligible for mortgage loans, personal leasing, and green loans. You are invited to attend the largest international construction exhibition and fair in the construction sector. Main Organizer:
BARILGA MN
Co-Organizers:
MINISTRY OF CONSTRUCTION, URBAN DEVELOPMENT, AND HOUSING
MINISTRY OF ENVIRONMENT AND CLIMATE CHANGE
Main Sponsors:
MAXWELL RESIDENCE
NCD PRECON
Sponsors:
AGARTA RESIDENCE
BOGD VISTA BUSINESS APARTMENT
Supporting Organizations:
KHUNNU CONCRETE LLC
JJ B LLC
ORNOKH KHUCH ENGINEERING LLC
IH DELTA ENGINEERING LLC
BARIILGACHIN TRADE CENTER
DYNAMIC TOWER LLC
TAVAN BOGD BUILDING SUPPLY LLC
UBSTV
Contact Phone: 7711333
FACEBOOK PAGE: BARILGA EXPO
Website: barilgaexpo.mn
Warning:
Media organizations (Television, Radio, Social and Web pages) are prohibited from using our information in any form, in whole or in part, and must only use it with consent by citing the source (ikon.mn).

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The Old Three-Story Building of the Office of the Mayor of the Capital is Planned to be Converted into an International Hotel

Published: 2025-04-11 | Translated from: ikon.mn

It has been planned to convert the old three-story building of the Office of the Mayor of the Capital, located to the west of the central square of the city, into an international hotel. According to the list of 24 mega projects for the development of Ulaanbaatar city, the feasibility study of the 300-room hotel is to be developed from 2025 to 2026, with construction completion slated for 2028. The international hotel project is expected to be funded through a public-private partnership with an investment of 20 million USD in real estate. The three-story building of the Mayor's Office was commissioned in 1947 and its usage term ended in 2007. Warning: Media organizations (Television, Radio, Social and Web pages) are prohibited from using our information in any form, fully or partially, without consent and must credit the source (ikon.mn) if agreed to.

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The Unified Land Policy and System to be Improved

Published: 2025-04-11 | Translated from: montsame.mn

The General Office for Land Management, Geodesy, and Cartography is organizing a nationwide discussion on "Issues Facing Land Law" with the support of the United Nations Food and Agriculture Organization. The discussion saw participation from over 600 representatives from more than 30 public and private sector organizations and professional associations, both in person and online. The discussion is focusing on topics including the evaluation of the implementation of land law legislation, the current state and issues of agricultural land legal status, legal reforms, and the regulation of specially protected and special needs lands, as well as the handling of disputes through administrative courts. Additionally, a comparative study of the legal system of land and real estate in South Korea with that of Mongolia is being discussed. The discussion aims to gather suggestions from relevant governmental and non-governmental organizations as part of efforts to establish a unified land policy and system by improving the legal regulation of land use, possession, and ownership, as outlined in the "Main Directions for Improving Mongolian Legislation until 2028" approved by Resolution No. 181 of the State Great Hural in 2024. The agency has declared 2025 as the "Year of Public Service Trusted by Citizens." In this context, it plans to provide state services related to land relations swiftly and with quality while adhering to the professional ethics of public servants. Additionally, in order to improve the legal environment and ensure the implementation of laws at all levels, a nationwide campaign called "Listening to Our Citizens" has been launched in collaboration with the Civil Service Council.

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The 37th "Barilga Expo" International Construction Fair opens today

Published: 2025-04-11 | Translated from: ikon.mn

The "Barilga Expo" International Construction Fair, known for being the most influential major exhibition aimed at uniting top experts and specialists in the construction field to promote innovation and collaboration, is having its 37th opening at the "Buyant-Ukhaa Palace" on April 11 at 11 AM. More than 400 leading companies from over 20 countries including domestic firms, as well as companies from China, the Russian Federation, South Korea, Japan, Germany, Poland, Italy, and Turkey, are ready to introduce their new and best solutions, products, and services under the theme "Build Smart…". The fair will cover advanced technologies and products in areas such as: - Building materials and interior decoration - Electrical energy, communication and signaling - Plumbing and ventilation - Interior, exterior, and landscape design - Architectural design and planning - New housing and real estate - Luxury and standard housing - House design, single-family houses - Real estate brokerage, offices, and service provision More than 400 top companies in the construction industry will gather to showcase their new and innovative solutions and offerings to consumers. Additionally, the outdoor exhibition area will feature heavy machinery, tools, lifting equipment, construction materials, single-family houses, portable buildings, and more. The exhibition will run from April 11 to 13. Attendees of the fair can also take the opportunity to hear free lectures from industry specialists. Activities include presentations on topics of high interest to the public on each day of the exhibition, as well as an awards ceremony for the best companies. Furthermore, during the fair days, participating organizations announce discounts and special incentives for viewers and consumers. Among them: - "TAVAN BOGD BUILDING SUPPLY" LLC offers a 10-30% discount depending on the purchase amount. - "NUTGIIN BUYAN GROUP" LLC offers a 3-10% discount on advance payments for the Happy Residence and Ochir City projects. - "JJ BI" LLC provides up to 15% discount on "Chudej brand" shower traps. - "HIGH PARTNERS" LLC organizes sales with discounts and gives away some products for free during the exhibition days. - "MAX SHIL" LLC offers a 5-10% discount on all their products. - "OUE AND BI EN" LLC gifts heated parking spaces to the first 20 buyers during the exhibition days. - "AQUATIC" LLC offers a 5-10% discount on their exhibited products. For more detailed information, CLICK HERE. We invite you to attend the 37th "BARILGA EXPO" International Construction Fair to get the latest news and information on the most advanced construction technologies and projects in one place. Main Organizer: - BARILGA MN Co-organizers: - Urban Development, Construction, and Housing Ministry - Ministry of Environment and Climate Change Main Sponsors: - MAXWELL RESIDENCE - NCD PRECON Sponsors: - AGARTA RESIDENCE - BOGD VISTA BUSINESS APARTMENT Supporting Organizations: - KHUNNU CONCRETE LLC - JJ BI LLC - URNOKH KHUCH ENGINEERING LLC - IKH DELTA ENGINEERING LLC - BARILGACHIN TRADING CENTER - DYNAMIC TOWER LLC - TAVAN BOGD BUILDING SUPPLY LLC - UBSTV Contact Phone: 7711333 Facebook Page: BARILGA EXPO Website: barilgaexpo.mn Warning to media organizations (Television, Radio, Social Media, and Websites): It is prohibited to use our information in whole or in part in any form without agreement, and must only be used by citing the source (ikon.mn) upon mutual agreement.

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Temporary Changes to Public Transport Routes Due to Road Repairs

Published: 2025-04-11 | Translated from: isee.mn

Due to road repairs, temporary changes have been made to some public transportation routes. In relation to road construction, temporary changes have been made to two public transportation routes: Route 76 "General Archives Office-End of 3rd and 4th Microdistrict" and Route 79 "Mongol Hyundai Kia Company-Khangard Complex." The road connecting the "TPP-3" State Joint Stock Company to the west Yaarmag Bridge and Workers' Street will be temporarily closed from 6:00 AM on April 11th to 6:00 AM on April 14th for the installation of water pipelines related to "TPP-3" and "TPP-4" State Joint Stock Companies. During this period, movement from Yaarmag Bridge to Workers' Street, or the northwest roundabout of "TPP-3" State Joint Stock Company, will be limited to one direction from south to north. Meanwhile, the direction from north to south can use the north and east roads around "TPP-3" State Joint Stock Company to participate in general traffic through the northwestern return intersection. Therefore, during the road work, passengers using public transportation are advised to plan their journeys according to the map until 6:00 AM on April 14, 2024. Suggestions and requests related to public transport services will be promptly received and addressed via phone number 70044040, as announced by the Public Transport Policy Office.

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Bogd Vista Business Apartment Sponsoring the 37th "BARILGA EXPO" International Construction Exhibition

Published: 2025-04-11 | Translated from: ikon.mn

The annual Barilga Expo 2025, one of Ulaanbaatar’s largest expos, will be held from April 11-13 at the Buyant-Ukhaa Sports Palace. Bogd Vista Business Apartment is participating in this event. During the expo, Bogd Vista Business Apartment will be present with a well-decorated booth, located at booth №66. Visitors to this booth can receive detailed information about the residential complex and can avail themselves of favorable payment conditions tailored for them. Additionally, many special promotions for buyers have been prepared. For instance, placing an order with 50-70% payment will grant an electronic goods voucher worth 1,000,000₮ to 3,000,000₮. An order with 80-100% payment will provide a furniture voucher valued at 1,000,000₮ to 5,000,000₮. Booth Number: №66 Located in the new settlement area of Ulaanbaatar, Yarmag region, specifically in the most favorable zone of the Yarmag vicinity, the BOGD VISTA Business Apartment consists of four 16-story blocks with a total of 430 residential units, which will be opened in April and June of this year. The BOGD VISTA Business Apartment, a business-class residential building, features the following amenities: - Well-maintained greenery - Free from pollution and smog - Clean, fresh air - Quiet and peaceful environment - On-site kindergarten - On-site commercial service center - 200 outdoor parking spaces Area options: - 48.31 sq. m – 2 rooms - 53.40 sq. m – 2 rooms - 54.23 sq. m – 2 rooms - 55.36 sq. m – 2 rooms - 80.67 sq. m - 3 rooms - 82.60 sq. m - 3 rooms - 82.66 sq. m - 3 rooms The space of each apartment has been planned to be maximally efficient and optimal. The position of each apartment’s windows and the view they offer allow natural sunlight at any time of the day and provide a complete view of the surroundings. Warning: Media organizations (Television, Radio, Social, and Websites) are prohibited from using our information completely or partially in any form without an agreement. Usage is only permitted by citing the source (ikon.mn) upon agreement.

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An International Open Tender Announced for Building 712 Apartment Units in Khan-Uul District

Published: 2025-04-11 | Translated from: ikon.mn

Within the framework of the "Green-Ulaanbaatar Housing Project," an international open tender was announced for the construction of 712 apartment units in the Khan-Uul district's 6th khoroo (administrative subdivision) territory. This project will involve the construction of nine blocks, each nine stories high. Additionally, the plan includes service areas, a community center for women and children, public green spaces, and parking facilities for residents. A key feature of this project is the construction of low-carbon-emission, climate-resilient residential buildings. The "Green-Ulaanbaatar Housing Project" is implemented by the City Governor's Office with funding from the European Bank for Reconstruction and Development and the Green Climate Fund. The project aims to contribute to reducing air and soil pollution and the transition of ger districts to apartment housing in Ulaanbaatar. Companies interested in participating can access detailed information about the pre-qualification for the tender by visiting https://ecepp.ebrd.com/respond/529WY2X655. Source: Public Relations Office of the City Mayor's Office Warning: Media organizations (TV, Radio, Social, and Web pages) are prohibited from using our information either wholly or partially without a prior agreement and must mention the source (ikon.mn) when doing so.

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The Road Connecting Yarmag Bridge with Ajilchid Street Closed

Published: 2025-04-11 | Translated from: news.mn

Due to the ongoing work of laying a water transmission pipeline to "Power Plant 3" (TPP-3), the road will be closed starting today. Specifically, in connection with the establishment of a Wastewater Rehabilitation Facility adjacent to the New Central Wastewater Treatment Plant, a pipeline for transmitting treated water to "TPP-3" and "TPP-4" will be constructed. As a result, a 500-meter section of the road connecting Yarmag Bridge with Ajilchid Street has been closed. Starting from 06:00, the road linking Yarmag Bridge with Ajilchid Street, stretching west from "TPP-3" in Khaan-Uul district's third khoroo, will be closed for three days. During this period, travel will only be allowed in one direction from south to north, from Yarmag Bridge to Ajilchid Street or the roundabout at the northwest side of "TPP-3". For north-to-south travel, traffic will be temporarily rerouted via the return junction to the northwest of "TPP-3" and through the roads on the north and east sides of "TPP-3", allowing participation in the main traffic flow. By implementing this project, power plants will utilize the treated water for technical purposes, thereby reducing underground clean water usage by up to 18 million cubic meters annually. According to studies, "TPP-3" and "TPP-4" currently use and discharge a volume of water equivalent to Lake Durgen each year. The installation of the water pipeline to "TPP-3" and "TPP-4" makes it possible to save this amount of water for Ulaanbaatar, thus increasing the city's water reserves for future generations, as highlighted by officials.

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Society

Mongolian Man Sentenced to 16 Years in South Korea for Murder

Published: 2025-04-11 | Translated from: isee.mn

A Mongolian citizen living in South Korea with his wife has been sentenced to 16 years in prison by the country's court for murder. This follows the previous report on the case of the over-30-year-old Mongolian man who was under investigation for the alleged murder. During the initial trial, the court imposed a 16-year sentence. According to the legal authorities' announcement, Suwon District Court's 15th Criminal Division, presided by Judge Jeon Yoon Seop, sentenced the defendant, identified as A (28 years old), in connection with the murder charge. The court stated that "the defendant denied the wrongful actions during the trial and provided difficult-to-understand excuses, which justified the imposition of the sentence. Furthermore, the victim's family has not forgiven the defendant. The defendant deserves a stringent punishment." The case revolves around the individual known as A, who last November was investigated by South Korean authorities for allegedly killing a Mongolian man around 34 years old in a street in Suwon city, Gyeonggi Province, according to South Korean media reports. Source: Yonhap

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URGENT: Suspect of Child Rape Arrested in Argentina While on the Run

Published: 2025-04-11 | Translated from: isee.mn

The suspect, who had fled the country while being investigated for raping a minor, was arrested in Argentina during a special operation coordinated through Interpol. Specifically, the individual, who was under investigation in Mongolia for raping an underage child, had escaped to a foreign country. He was apprehended while residing in Argentina thanks to the coordinated efforts of Interpol, Argentina's police officers, and Mongolian law enforcement. Subsequently, he was transferred back to Mongolia under 'Operation Bird,' as reported by Argentina's Minister of Security.

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Customs Officials Intercept Seven Attempts to Illegally Import Drugs Across the National Border

Published: 2025-04-11 | Translated from: ikon.mn

The Customs Agency has thwarted seven attempts to illegally cross the national border with new types of drugs in the first quarter of 2025. On March 17, 2025, at the customs control zone affiliated with the Inter-State Postal Customs Office, customs officers discovered 840 grams of a substance called "hashish" concealed within tea and soap boxes. This was found in a parcel sent to a Mongolian citizen G.D.-registered address from the Federal Republic of Germany through postal service. The illicit drug smuggling attempt was stopped, and the case was transferred to the police for jurisdictional handling. The 840 grams of substance recognized as "hashish" constitutes approximately 3,360 individual doses. The Customs Agency advises against accepting parcels from strangers during international travel and warns the public to not share personal information or documents with others to avoid becoming victims of such crimes. Warning: Media organizations (television, radio, social media, and websites) are prohibited from using our information in any form, in whole or in part, without consent. Usage is only permitted if the source (ikon.mn) is cited.

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Discussion on Gender Equality and Climate Change

Published: 2025-04-11 | Translated from: montsame.mn

Ulaanbaatar. Our country is planning to organize the international conference “Gender Equality and Climate Change” on May 22-23. In anticipation of this conference, consultation meetings are being organized in the centers of all provinces from April 7-20. The aim is to develop gender-sensitive partnerships and implement gender-based planning in the environmental and climate sectors. The consultative meetings are in line with the content of the international conference on "Gender Equality and Climate Change." They focus on establishing gender-responsible policies to adapt to climate change, improving the livelihoods of rural populations, creating a platform for knowledge on gender-responsible adaptation to climate change, providing gender-responsible climate financing, and enhancing women's leadership capabilities in the context of climate change.

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License of the "Smart" School Suspended

Published: 2025-04-11 | Translated from: isee.mn

The mayor of the city has issued an order to suspend the license of the "Smart" general secondary school due to misleading parents into enrolling their children under the false pretense of having a school building, despite ongoing property disputes and not actually owning a building in their name. Previously, it was reported that 10-20 people had interfered with the learning rights at the "Smart" school located at Yarmag, Aratsat's mouth. The school administration had stated they were in a property dispute with singer T. Bayasgalan. This property dispute concluded on March 17 when the primary criminal court of Bayangol, Khan-Uul, and Songinohairhan districts acquitted and dismissed the case involving D. Kyokushuzanbatbayar and T. Bayasgalan.

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Environment

A Major Forest Fire Breaks Out in Russia's Border Region with Mongolia, State of Emergency Declared

Published: 2025-04-11 | Translated from: ikon.mn

In the past week, multiple regions in Siberia and the Russian Far East have been engulfed by forest fires. Authorities reported that there are 52 active fire outbreaks covering a total area of 41,675 hectares across the country. Experts have highlighted the early start of spring and the lack of snow and dryness in most regions as factors that have exacerbated this spring’s fire danger. The largest fire, covering 31,903 hectares, is burning in the Trans-Baikal Territory (Zabaykalsky Krai) adjacent to the Mongolian border. Local authorities declared a state of emergency in the region. On Tuesday, the Trans-Baikal section of the Baikal Highway was affected by fires, prompting restrictions on movement. Chita, the regional capital, was enveloped in thick smoke from the fires that day. On Wednesday, Valery Shreyder, the chief forest inspector of the Trans-Baikal Territory, mentioned that they are looking to receive assistance from other regions as they lack the manpower to fight the fires. Regional Governor Alexander Osipov stated that due to the fires that have occurred annually over the last 30 years, the forested area of Trans-Baikal has decreased by 30%, with over 70% of these fires being caused by human negligence. Last week, strong winds swept through other Siberian regions such as Kemerovo, Krasnoyarsk, Irkutsk, and Khakassia, exacerbating the forest fires. In Irkutsk alone, 17 residential houses and one school were destroyed by fires. Authorities in the Republic of Buryatia have declared a state of emergency in their Yeravninsky district, which borders the Trans-Baikal Territory. Over 3,400 hectares had burned in this area. Last spring, forests across Russia burned over an area of 13.8 million hectares, marking the worst disaster in the past three years. Experts warn that the damages from forest fires in 2025 could be even greater. The Russian government has allocated 19.9 billion rubles ($234 million) to combat forest fires in its 2025 budget, which experts believe is insufficient. Additionally, the Ministry of Emergency Situations of Russia continues to face a shortage of machinery and manpower. In February, the ministry reported a 15% manpower shortage in firefighting, primarily due to salary levels. The deployment of men to the war in Ukraine has also contributed to this shortage. Source: The Moscow Times Warning: Media organizations (Television, Radio, Social and Web pages) are prohibited from using our information in whole or in part in any form, and may only use it after agreement by referencing the source (ikon.mn).

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GOVI-ALTAI: 118 Gers Destroyed by Strong Storm in Erdene Sum

Published: 2025-04-11 | Translated from: montsame.mn

According to the Emergency Management Department, preliminary reports indicate that 118 gers (traditional nomadic dwellings) have collapsed in Erdene sum due to a severe storm. Specifically, on the night of April 10 to 11, wind speeds in Erdene sum, Govi-Altai aimag, reached 34 m/s with gusts up to 44 m/s. As a result, 118 households' gers have fallen, 17 buildings and structures have had their roofs damaged, and 6 utility poles have been knocked down. Reports of broken fences and car windows have also been received by the Govi-Altai Emergency Management Department. Two task forces have been deployed from the sum to assess the situation and determine the extent of the damage, while the entire Govi-Altai aimag emergency commission is heading to the sum to work on-site. Currently, there are no reports of casualties or herders losing their livestock, according to the director of the Emergency Management Department, Colonel Ts. Luvsanjamts.

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Warning about Severe Weather Conditions

Published: 2025-04-11 | Translated from: news.mn

Attention: Advance warning about severe weather conditions: A severe snowstorm will occur on the night of the 10th transitioning to the 11th in the Central and Khentii regions, and on the 11th in the Sukhbaatar and Dornogovi regions. Alert: Warning about dangerous weather conditions: Snowstorm: - Night of the 10th transitioning to the 11th: Ulaanbaatar, Orkhon, Govisumber regions. - Day of the 11th: eastern Dundgovi, southern Khentii, Dornod regions. - Night of the 11th transitioning to the 12th: eastern Sukhbaatar, southern Dornod regions. Strong Winds: - Night of the 10th transitioning to the 11th: Bayankhongor, Uvurkhangai, Dundgovi regions, western Omnogovi will experience winds at 18-20 meters per second, and in some places exceeding 24 meters per second causing strong dust storms. - Day of the 11th: Dundgovi, Omnogovi, Dornogovi, Sukhbaatar regions will experience winds at 18-20 meters per second, and in some places exceeding 24 meters per second causing strong winds. Attention to herders, citizens, and drivers: Be aware that on the 11th in the eastern half, and on the 12th in the eastern provinces, wet snow and sleet will fall, causing snowstorms. The weather will become colder, and strong winds and dust storms will occur in the southern part, reducing visibility and causing slippery roads and ice formation especially on passes and slopes. Special attention is advised. Weather forecast from 20:00 on 10th April to 20:00 on 11th April: Precipitation: - In the western region, there will be changing skies, and in other areas, it will be cloudy. During the night, rain, wet snow, or snow will fall in most of the eastern parts of the western provinces, central, Govi, and eastern provinces, and during the day, snow and sleet will fall in the eastern parts of the central and Govi provinces and in most of the eastern provinces, causing snowstorms. Wind: - During the night, in the southeast region, the wind will turn from the southwest to the north, and in other areas, it will come from the northwest at 8-13 meters per second, and in the Govi, steppe, desert regions at 18-20 meters per second, sometimes exceeding 24 meters per second, causing dust storms. Air Temperature: - It will get colder in most areas: overnight temperatures will be -13 to -18 degrees Celsius in the Uvs Lake basin, Khangai, Khövsgöl mountainous areas, Zavkhan River source, Khurembelchir area, Ider, Tes, Baidrag river valleys, -7 to -12 degrees in the Mongol Altai, Khentii mountainous areas, Eg, Uur, Orkhon, Selenge, Khar, Yeroo, Tuul, Terelj, Kherlen river valleys, 0 to +5 degrees warm in the Govi region, Dornod-Dariganga steppe, Khalkh river basin, -1 to -6 degrees cold in other regions. During the day: -2 to -7 degrees cold in the Khentii mountainous area, northern and southern slopes of the Khangai Mountains, Orkhon, Selenge, Khar, Yeroo, Tuul, Terelj, Kherlen river valleys, northern part of the Govi region, +6 to +11 degrees warm in the Altai mountainous area, Khalkh river basin, +12 to +17 degrees warm in the Mongol Altai mountainous area, Great Lakes basin, Altai desert Govi region, and 0 to +5 degrees warm in other areas. Around Ulaanbaatar: Cloudy. Snow will fall, and there will be a snowstorm. Wind from the northwest at 8-13 meters per second, sometimes reaching 15-17 meters per second, becoming intense. Cold with temperatures of -9 to -11 degrees at night and -4 to -6 degrees during the day. Around Baganuur: Cloudy. Snow will fall, and there will be a snowstorm. Wind from the northwest at 8-13 meters per second, sometimes reaching 15-17 meters per second. Cold with temperatures of -7 to -9 degrees at night and -2 to -4 degrees during the day. Around Terelj: Cloudy. Snow will fall, and there will be a snowstorm. Wind from the northwest at 8-13 meters per second, sometimes reaching 15-17 meters per second. Cold with temperatures of -10 to -12 degrees at night and -5 to -7 degrees during the day.

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Innovation

Next Year Will Focus on Investment in the Education Sector

Published: 2025-04-11 | Translated from: news.mn

The Government of Mongolia has declared the year 2026 as the “Year of Supporting Education” based on the decision made during a government meeting. This decision was unanimously supported by the cabinet members at the initiative of the Prime Minister. We spoke with Minister of Education P. Naranbayar regarding the work to be implemented within the “Year of Supporting Education.” - Since it's called the "Year of Supporting Education," what will be supported first? - Primarily, investment. Secondly, policy support, which are the two main focuses. In recent years, the number of schools and kindergartens has increased, and availability has improved, which cannot be denied. However, on the other hand, by 2030, over 88,200 children will be newly added. That is just about five years from now. Therefore, there is a need to build new schools and kindergartens during this period. Additionally, we need to prepare teachers and human resources. Moreover, they need support with their operational costs. The cooperation between the Ministry of Education and the Ministry of Finance, as well as the results of the research conducted by MP J. Galbadrakh and his team, suggest that a total of about 100 new schools and 95 kindergartens need to be built. Furthermore, there are 240 schools with more than 40 students per class. When classes exceed 40 students, the ability to conduct educational and nurturing activities starts to become limited. The classes become noisy, and air becomes scarce. It's challenging to conduct education in such conditions. However, 214,000 children are studying in classes with more than 40 students. We need to reduce this number. This work is also outlined for the next year. - Currently, how many children are studying in primary and kindergartens? How much investment is required if the number increases by 88,200 children by 2030? - As of today, more than 724,000 children are studying in 704 state-owned schools. In addition, more than 234,000 children are in kindergartens, 70,000 students are in 186 private schools, and 34,000 children are in 410 private kindergartens. These are the current numbers in Mongolia. But by 2030, it is estimated that there will be an addition of 88,200 children. This requires a total of 2.9 trillion MNT in new investments. Dividing this across three years, approximately 900 billion MNT per year is needed in investment. Additionally, new schools will require desks, chairs, computers, study environments, and laboratories for the children. This will cost an additional 550 billion MNT. We will solve these issues within the framework of the “Year of Supporting Education.” - What policies are in place to increase the number of teachers, improve their skills, and recruit for new schools? - There is a shortage of 4,000-5,000 teachers every year. Including kindergartens, this number exceeds 5,500. We need to resolve this shortage decisively. Thus, we need to add more than 700 teachers per year, with a total of about 3,000 entering the sector. We must adhere to this number. However, it concerns us that many who graduate as teachers are not working in their field. Moreover, about 50% of those who start teaching leave after five years. Therefore, unless we gradually increase job satisfaction, salaries, and development opportunities for teachers, reaching the numbers we mentioned earlier will be difficult. From 2015-2024, the number of children increased by 220,000, but the number of teaching positions increased only by 6,000, which is 24%. There is a policy called the “Three Support Policy for Teachers.” This is a government policy on how to develop and enhance teachers until they retire. To resolve the shortage, first, we needed to improve the contract conditions for those graduating with a teaching degree to ensure they continue working as teachers. This was done during the previous minister's time. In particular, a legal environment was created where those who graduated through scholarship programs in teaching but didn’t work as teachers must repay the scholarship amount. Secondly, we are studying and deciding on allowing those eligible to teach but not working in the field, or those not yet retired, or those in their retirement, to continue working in primary and secondary schools after considering their health conditions and personal requests. Also, students enrolled in the "Teacher" program can work with a salary legally during their final year of study. We are taking numerous actions and implementing the “Three Support Policy for Teachers” gradually, with positive initial outcomes. - You mentioned the support for investment. What actions are planned for policy support? - Since the General Law on Education was passed, six sets of policy reforms have been underway. These are ongoing. For example, there is digital transition and curriculum reform. The curriculum reform has already begun for grades I and II in 2024. In the academic year of 2026, we will reform the curriculum for middle and upper grades. By 2028, the aim is to standardize across all levels. This is planned in a 10-year cycle. Specifically, the first 4-5 years are to develop new curricula and textbooks, while the subsequent years involve monitoring and improving. It is essentially a continuous process. Legally, the curriculum is renewed over students' 10-12 years of study. There isn’t a change every year. Issues such as equitable access and quality of education are also being addressed. The main focus of policy is to run an education policy aligned with human resources. Currently, there are over 150,000 students majoring in teaching. The fact that graduates aren’t working in their profession is a reality. Therefore, whether we have transitioned to an education system aligned with the labor market is questionable as of today. - What do you think should be prioritized to transition to an education system aligned with the labor market? - To do this, we need to establish career guidance for high school students early and create specialized high schools. These high schools shouldn’t only be for preparing for university entrance but should equip students with professional skills and prepare themselves for the labor market during their study period. For this reason, there is a need to establish such types of high schools in Mongolia and organize them independently. This will also help reduce the load on primary and secondary schools. Secondly, we plan to establish urban elementary schools. This will address specific issues like today's congestion in the long term. Children living far away won’t have to come to the city center to study but can learn close to their homes. This applies to grades I-V. They will also receive state support. If they are paid, there will be a limit on the fees. Moreover, there will be rural elementary schools for children from herding families. Taking herder children away from their parents from a young age to live in dormitories is not an ideal solution. - When will the mentioned specialized schools be established? - We plan to start implementing them in 2026. For example, preparations are underway to establish rural elementary schools at 10 locations. This will expand further. In 2025-2026, we will begin creating this opportunity. It will involve both state and private sector participation. All these policies and measures aim to support and develop the education sector, address objectives, and anticipate clearer results in the coming years.

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Preparing Workforce for the Steel Plant

Published: 2025-04-11 | Translated from: montsame.mn

The Ministry of Education will support the training of specialists who will work in the steel plant. Education Minister P. Naranbayar met with D. Chagnaadorj, the Executive Director of Darkhan Metallurgical Plant LLC, and company executives to agree on preparing the workforce for one of the 14 mega projects being implemented by the Government of Mongolia, namely the steel plant. Within this framework, engineers and technical staff for the plant will be sustainably trained both domestically and abroad. The initiative will support students already studying in universities and those newly enrolled by offering scholarships and loan programs from the educational loan fund. Additionally, a career guidance event will be organized for graduating students and parents in Darkhan-Uul Province, as reported by the Ministry of Education.

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Golomt Bank Implements Updated PCI-DSS 4.0.1 Standard in Its Operations

Published: 2025-04-11 | Translated from: isee.mn

Golomt Bank has successfully implemented the updated PCI-DSS 4.0.1 standard of the Payment Card Industry Security Standards Council (PCI SSC) in its operations. The audit for this standard was conducted by the internationally accredited Controlcase organization, and the bank officially received its certification. The PCI DSS standard is a comprehensive set of guidelines aimed not only at ensuring the security of payment card information but also at preventing, detecting, and mitigating external cyber threats and breaches to the bank's servers, network, and infrastructure. Golomt Bank has been adhering to this standard since 2017. Additionally, the bank maintains compliance with the PCI-3DS standards to ensure the security of online transactions, with audits conducted annually by internationally accredited auditing organizations. It is worth mentioning that Golomt Bank is the first Mongolian cooperative member organization of the PCI Security Standards Council (PCI SSC) and actively contributes to the development and protection of international payment security standards, collaborating with over 800 leading organizations worldwide. The Payment Card Industry Security Standards Council (PCI SSC) was founded in 2006 by major card organizations such as American Express, VISA, and MasterCard, with the goal of ensuring the confidentiality and security of payment card information. This council provides organizations with flexible and effective standards and programs for information security and is recognized as a leading international organization in payment security standards.

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Ana Brian Nugreres: Personal Security is Important in the Era of Artificial Intelligence Development

Published: 2025-04-11 | Translated from: montsame.mn

Director of the Department of Family, Labor and Social Protection L. Munkhzul met with Ana Brian Nugreres, the UN Special Rapporteur on the Right to Privacy. During the meeting, they discussed issues related to protecting personal data in the digital age, the right to privacy and confidentiality, the process of cross-border data transfer, cyber security, surveillance on social media, privacy of specific vulnerable groups, biometric and AI-based data, among other topics. They also emphasized that protecting personal information and the security of integrated databases are crucial issues for state institutions at a time when artificial intelligence is developing. Ana Brian Nugreres highlighted this point. Our country is protecting personal data through the Law on the Protection of Personal Information, the Law on Public Information Transparency, and the Cyber Security Law.

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Health

Events: Information on the Situation of Measles and Other Infectious Diseases

Published: 2025-04-11 | Translated from: ikon.mn

At 09:00 at the Blue Sky Hotel, the "Railway Workers' Forum-2025" will be held. At 10:00 at the State Palace, the regular spring session of the State Great Khural will convene. At 10:00 at the Buyant-Ukhaa Sports Complex, the opening of the 37th BARILGA EXPO International Construction Exhibition will take place. At 11:00 at the National Center for Communicable Diseases (NCCD), information will be provided on the situation of measles and other infectious diseases. At 11:30 at the National Information Center, Citizen D. Tsolmonkhuu will provide information regarding the submission of a petition to the General Intelligence Agency concerning Mayor H. Nyambaatar, accused of acting against public interest. At 12:00 at the State Academic Theatre of Opera and Ballet of Mongolia, a press conference will be held regarding the release of the "Uran Khas" vinyl record. Notice: Media organizations (Television, Radio, Social, and Web pages) are prohibited from using our information in any form, in whole or in part, unless agreed upon and citing the source (ikon.mn).

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NCCD: The number of measles contacts has exceeded 10,000

Published: 2025-04-11 | Translated from: news.mn

Today, the National Center for Communicable Diseases (NCCD) provided an update on the spread and situation of infectious diseases. Natsagdorj Suvdmaa, head of the unit at the NCCD, stated: “The measles infection and sporadic forms of the disease are not decreasing. We continue to see influenza and influenza-like illnesses. Let me provide information on these diseases as well as seasonal illnesses that are currently starting. There have been 479 cases of measles reported, 302 of which have recovered. There are 166 patients being treated in hospitals, and 11 are receiving treatment at home. Cases of measles have been reported in Ulaanbaatar city, Khentii, Dundgovi, Umnugovi, Bayankhongor, and Tuv provinces. Children aged 10-14 are predominantly affected, and there is a tendency for the spread of the infection to continue increasing. The NCCD, along with clinical and immunization advisors from WHO, is working in Umnugovi and Dundgovi provinces. In cases where infections are reported, they are working in close and regular contact with the provincial and local areas. The number of contacts has now exceeded 10,000. Therefore, it is advised to adhere to preventive measures and infection control protocols, and for parents to get their children vaccinated.” “THE LEVEL OF SPORADIC OUTBREAKS HAS BEEN REACHED NATIONWIDE”

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197 Suspected Food Poisoning Cases Reported at a Mine in Tsogttsetsii, Umnugovi

Published: 2025-04-11 | Translated from: ikon.mn

At a mine located in Tsogttsetsii soum of Umnugovi province, suspected cases of food poisoning have been reported. According to N. Suvdmaa, head of a unit at the National Center for Communicable Diseases (NCCD), "As of 10:00 this morning, a total of 197 cases have been registered. Currently, 105 are hospitalized, 44 are receiving home treatment due to milder symptoms, and 10 are being treated in other provinces and local areas. The individuals working at the mine, aged between 20 and 48, exhibited symptoms such as diarrhea, abdominal cramps, nausea, fever, headache, and joint pain. A task force has been deployed from the provincial health department and sectoral supervision. The NCCD team is also working on-site, conducting epidemiological studies and assessments. Initially, samples were taken from 24 people, and Salmonella spp were detected in 19 of them. Testing will continue. In addition, epidemiological surveys and samples will be taken from the 91 people being treated at the NCCD. No conclusions have been drawn yet as investigation and laboratory testing are ongoing," she said. Warning: Media outlets (Television, Radio, Social and Web pages) should note that any form of complete or partial use of our information is prohibited and can only be used with reference to the source (ikon.mn) in case of an agreement.

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Cause of Food Poisoning Incident Affecting 197 People Remains Unclear

Published: 2025-04-11 | Translated from: news.mn

A suspected case of food poisoning has been reported at a mine in Tsogttsetsii soum, Umnugovi aimag. Specifically, symptoms of food poisoning appeared among employees who use food supply services from four companies located in Tsogttsetsii soum. So far, 197 cases of food poisoning have been recorded. According to N. Suvdmaa, head of a division at the National Center for Communicable Diseases (NCCD), "As of 10:00 a.m. today, 197 people aged 20 to 48 have been affected by food poisoning, and 105 of them have been hospitalized. 91 people are in the hospital at NCCD. The condition of 44 individuals is relatively mild, so they are receiving treatment at home. 10 people are being treated in their home province. Symptoms such as diarrhea, stomach cramps, nausea, and fever have appeared in the affected individuals. The condition of the citizens is currently stable and under control. The NCCD is working on the ground at the outbreak site. A conclusion has not yet been reached."

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Measles Infections on the Rise

Published: 2025-04-11 | Translated from: montsame.mn

Ulaanbaatar. There is a trend of increasing measles infections, according to N. Suvdmaa, head of the Early Warning and Response Unit of the National Center for Communicable Diseases (NCCD). She stated, "A total of 479 cases of measles infections have been registered, with contact numbers exceeding 10,000. Currently, 166 people are being treated in hospitals and 11 at home. The illness is mostly affecting those aged 10-14. Infections have been recorded not only in the capital but also in Khentii, Dundgovi, Tuv, Bayankhongor, and Umnugovi provinces. As the infection trend increases, every newly confirmed case is being addressed through online services and visits to local areas for medical assistance. Our center's clinical and immunization staff, along with WHO consultants, are working in Dundgovi and Umnugovi provinces," she added. She also provided information regarding suspected food poisoning cases registered at a mine located in Tsogttsetsii soum, Umnugovi province. On September 9, symptoms of food poisoning appeared among workers of four companies that supply food services there. Currently, 197 food poisoning cases have been registered, with over 150 people hospitalized and 44 being treated at home. Most affected are those aged 20-48, with symptoms including diarrhea, fever, abdominal pain, and nausea. A professional team of six from the NCCD is conducting a risk assessment at the outbreak site to determine the cause and conditions.

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479 Cases of Measles Reported

Published: 2025-04-11 | Translated from: unuudur.mn

Let's provide information on the current state of measles, which has not diminished despite sporadic outbreaks, as well as influenza and similar diseases now that their season is starting. A total of 479 cases of measles have been registered, with 302 having recovered. There are 166 people being treated in hospitals and 11 at home. Cases of measles have been recorded in Ulaanbaatar city, and the provinces of Khentii, Dundgovi, Umnugovi, Bayankhongor, and Tuv. The majority of those affected are aged 10-14, and there is a tendency for the spread of this infection to increase. Measles is a highly contagious infectious disease that can be prevented by vaccination. Measles cases frequently occur in outbreaks in general education schools, hence children and citizens who study or work together have the opportunity to protect themselves and others by getting vaccinated against measles.

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Be Cautious as Measles and Flu Infections Remain Persistent

Published: 2025-04-11 | Translated from: ikon.mn

The number of confirmed measles cases has reached 479 to date, according to the National Center for Communicable Diseases (NCCD). Of these confirmed cases, 302 have fully recovered, while 166 are receiving treatment in hospitals and 11 are being treated at home. During a press briefing, the NCCD warned that domestic spread of the measles infection is likely to increase. Additionally, it was noted that flu and flu-like infections are still active. People are advised to follow infection prevention measures such as wearing masks and gargling to protect against the virus. NCCD unit head N. Suvdmaa stated, "After contracting flu or any acute infection, a person's immunity weakens, increasing the risk of catching further infections. Therefore, it is important for citizens to follow the recommended preventive measures against infections." Currently, flu and flu-like illnesses account for 6.1% of all outpatient services. Among the patients, 77.6% are children up to 15 years old, with 45.8% being under five. In a recent week, outpatients were sampled for lab-based surveillance, which revealed the prevalence of rhinovirus. Infection with this virus often starts with symptoms such as sore throat, itching, dry nose, and sneezing, followed by runny nose, nasal irritation, headaches, temporary loss of taste and smell, hoarseness, coughing, and fever. Infants and preschool-aged children may experience fever up to 38-39°C, while in adults, the main symptoms may include a runny nose without fever. Complications such as ear infections, sinusitis, and chronic bronchitis can occur. Warning: Media outlets (television, radio, social media, and websites) are prohibited from using our information in full or in part without permission. Only upon agreement may it be used, with the source (ikon.mn) being cited.

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First Mongolian Hospital "Uujinmed" Wins "Best Specialized Hospital of the Year" at Healthcare Asia Awards

Published: 2025-04-11 | Translated from: ikon.mn

The "Healthcare Asia Awards" conference, which selects and honors the best healthcare institutions by considering the quality, standards, innovation, and patient-friendly service of healthcare services in Asian countries, was held in Kuala Lumpur, Malaysia. For the first time, the "Uujinmed" Fertility Center from Mongolia was awarded as the "Best Specialized Hospital." This award is not only prestigious in the healthcare sector of Asian countries but also a significant event promoting Mongolia's healthcare services in Asia. This year marks the 10th anniversary of "Uujinmed" Hospital, founded by Mongolia's Labor Hero and Olympic champion E.Badar-Uugan. The hospital team is eagerly awaiting the birth of its 2000th baby through fertility treatments. Since its establishment, "Uujinmed" Hospital has introduced many world-class treatment technologies in collaboration with Kato Ladies Clinic, Japan’s largest fertility treatment hospital. By initiating the genetic analysis of embryos based on the NGS technology of human genomic sequencing, they have significantly increased pregnancy rates of fertility treatments up to 85.7%. The advantage of this treatment is that it provides a major advancement in reproductive medicine by fully preventing the risk of having a child with chromosomal abnormalities, while also allowing couples to choose the gender of their child. "Uujinmed" Hospital is the largest fertility center in Mongolia, offering all types of reproductive treatments aligned with international standards, as officially reported by the Ministry of Health. During the "Healthcare Asia Awards" event, the following achievements of "Uujinmed" Hospital were highlighted: ✅ Introducing Japan-standard, advanced technology "Natural Cycle, Soft Stimulation" fertility treatment methods for the first time in Mongolia, elevating reproductive treatment outcomes to a new level. ✅ Pioneering the preimplantation genetic testing (PGT-a) in Mongolia, enhancing pregnancy rates and enabling the selection of healthy embryos and gender selection. ✅ Introducing the Endometrial Receptivity Analysis (ERA) for the first time to determine the uterine lining's ability to receive an embryo. ✅ Implementing the latest male factor infertility surgery, MicroTESE, in Mongolia. ✅ Establishing Mongolia's first vacuum embryo laboratory, incorporating state-of-the-art technology like fast freezing technology, SL-ICSI, and fully automated lasers into the lab operations. ✅ Traveling across all 21 provinces of Mongolia to provide and promote reproductive treatment services in remote areas. ✅ Implementing a "Patient-centered care" system, regularly organizing multi-faceted educational programs for clients, including preparation for pregnancy, healthy lifestyle, nutrition, exercise, and psychological counseling, while offering one-on-one coordination with doctors. ✅ Exporting reproductive health services to international clients and becoming the first hospital to establish a branch abroad (Jakarta, Indonesia). "Uujinmed" Fertility Center has expressed its intention to expand its operations with the goal of establishing an embryo laboratory based on artificial intelligence (AI). Warning: Media organizations (Television, Radio, Social Media, and Websites) are prohibited from using our information in any form, in whole or in part, without consent. When used, the source (ikon.mn) must be cited.

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URGENT: 197 Individuals Suffer Food Poisoning at Mining Company in Tsogttsetsii

Published: 2025-04-11 | Translated from: isee.mn

A suspected case of food poisoning has been reported at a mine located in Tsogttsetsii, Umnugovi Province. Symptoms of food poisoning appeared among employees of four companies that supply food services in Tsogttsetsii. Currently, 197 cases of food poisoning have been recorded, with over 150 people hospitalized and 44 receiving treatment at home. The affected individuals are between the ages of 20 and 48, displaying symptoms such as diarrhea, fever, abdominal cramps, and nausea, according to doctors. A team of six specialists from the National Center for Communicable Diseases is conducting a risk assessment at the infection site to determine the cause and conditions of the outbreak.

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First Consultative Meeting on the Implementation of the "Food Supply and Safety" National Movement Begins in Bayankhongor Province

Published: 2025-04-11 | Translated from: montsame.mn

The first consultative meeting to review the implementation and effectiveness of the national "Food Supply and Safety" movement at the provincial and local levels was held in Bayankhongor province. The meeting was opened by the governor of Bayankhongor province, D. Munkhsaikhan, who introduced the activities of the province's food sector. Ch. Davaabayar, the President of Mongolia's Advisor on Production and Service Policy, presented the progress and results of the "Food Supply and Safety" national movement and exchanged ideas with national producers. In the province, 24 food factories and enterprises have participated in preferential loans provided under the "Food Revolution," working to increase the availability of locally sourced food products. The creators of wealth in the local food sector emphasized the need to initiate and intensify the second phase of the "Food Revolution" national movement within the framework of Regional Development Policy, pointing out the importance of supporting small and medium enterprises. They are also aiming to develop camel milk and dairy products production, livestock feed cultivation, food storage, and meat processing through a cluster approach to boost exports. Projects to produce items like camel dry milk and dairy sweets have been completed and are ready. Additionally, they have built approximately 6000 square meters of greenhouse farms, equipped with technology, and constructed a 1000 square meter, four-season storage facility. Bayankhongor's governor, D. Munkhsaikhan, remarked, "We aim to develop Bayankhongor province's food industry and enterprises through clusters and have prepared the necessary basic infrastructure. Now we need to bring our products to market. The loans provided within the framework of the 'Food Revolution' movement have been highly effective. However, the allocation and accessibility of loans in rural areas are inadequate. Therefore, we need to launch the second phase of the 'Food Revolution' to provide fair and accessible opportunities to local producers and ensure counties prioritize the consumption of domestic vegetables, fruits, and meat products to provide healthy food."

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