Ulaanbaatar – Economic relations between Thailand and Mongolia have entered a new phase. A group of leading Thai business representatives traveled to Ulaanbaatar to participate in Thai Fair 2025 and Business Matching, held from August 1–2, 2025. This was the first high-level platform for private-sector meeting in 51 years, receiving an exceptionally positive response.
The event was jointly organized by the Thai Cultural Council in Mongolia (TCCM) , the 17th overseas Thai cultural council, approved by Thailand’s Ministry of Culture — together with the Honorary Consulate of Mongolia in Phuket and Phang-Nga, and the Thai Consulate in Mongolia. It was held on August 1–2, 2025 in Ulaanbaatar, bringing together Thai and Mongolian private-sector business leaders to explore future collaboration opportunities.
Thai businesses participating came from diverse fields including hospitals and healthcare services, energy, real estate, and tourism. Notable companies included Bumrungrad International Hospital, Bangkok Hospital, Medeze Group Public Company Limited, Star money Public Company Limited, Bangkok Aviation Fuel Services Public Company Limited, Next Goal Business & Consultants Co., Ltd., and VST ECS (Thailand) Co., Ltd.
Mr. Nattapong Pantakietpaisarn, Honorary Consul of Mongolia in Phuket and Phang-Nga and Chairman of TCCM, said this marked the first self-initiated cross-border business network by the private sector, and the event received a very warm response—both the Business Matching and the Thai Fair.
H.E. Delgersaikhan Borkhuu, Minister of Roads and Transport Development of Mongolia, discussed potential investment in airport expansion, as well as proposals to increase year-round direct flights between Thailand and Mongolia, which will be submitted to the Thai government.
Mr. Nattapong added:
“Thank you for all the cooperation from both Thai and Mongolian parties, and for the warm welcome. We will return again in September next year with an even larger Thai business delegation, so that both countries can grow together”
Mr. Udo Kim, Senior Manager of International Business Development at Bumrungrad International Hospital—one of Bangkok’s most prominent and comprehensive private medical institutions—presented the hospital’s internationally recognized services. He highlighted advanced treatments led by highly experienced specialists, enhanced by cutting-edge diagnostic and therapeutic technologies.
For Mongolia, Bumrungrad International Hospital has official referral partners, Ms. Khulan Tserennyam, and partner hospital UB Songdo, which have played a key role in building trust and recognition among the Mongolian public. The hospital expressed its commitment to strengthening cooperation with Mongolian partners in order to enhance cross-border medical services and ensure the highest standard of healthcare.
Ms. Benjamas Sittiwongvanich, Head of the International Department, and Ms. Shirong Guan, International Marketing Executive, presented information on the medical services provided by Bangkok Hospital, Thailand’s largest hospital network. The hospital offers comprehensive healthcare services, including general and specialized treatment, health promotion, wellness care, and aesthetic services.
They also highlighted a collaborative initiative with MIAT that has been underway for the past two years. Under this partnership, passengers traveling to Thailand with MIAT are eligible for special discounts at Bangkok Hospital Phuket and BDMS Wellness Clinic by simply presenting their boarding pass. The initiative aims to strengthen partnerships in Mongolia and enhance healthcare access and services for everyone.
Dr. Veerapol Khemarangsan, Chief Executive Officer and Co-Founder of MEDEZE Group Public Company Limited (MEDEZE), delivered a presentation on the findings of stem cell and NK cell research and its applications—, anti-aging medicine, alternative medicine, aesthetic medicine, NK cell application particularly in cancer treatment and holistic healthcare. The presentation garnered significant interest, leading to an immediate invitation for him to visit a private hospital in Mongolia to foster future collaboration in medical innovation and investment.
Ms. Sumaytinee Wongrungroj, the Director of Agency Service from Next Goal Marketing and Business Consultant Co., Ltd. presented a beachfront real estate development project in Phuket, titled M Gallery MontAzure one of the components in the MontAzure, along with the company’s full-service investment offerings tailored for foreign buyers. She also introduced integrated health and wellness tourism services designed to support Mongolian travelers visiting both Bangkok and Phuket, in collaboration with partner hospitals.
In addition, accompanying family members or caregivers of patients can enjoy a comfortable stay in premium hotels and take advantage of a wide range of tourism activities throughout their time in Thailand.
Ms. Arunee Thiemhong, Chief Executive Officer of N2A Longevity Partner, a provider of exclusive, comprehensive wellness tourism services (Wellness Tour), expressed her great pleasure in building a cooperative network with businesses in Mongolia and said she was pleased with the positive feedback received. She hopes to visit again in the future.
Dr. Otgonbayar Maidar, a physician at Endogen Medical Hospital in Mongolia, said that this collaboration will help enhance the healthcare of Mongolian people, including patient referrals, and will lead to various future cooperation opportunities that will contribute to the economic development of both countries.
Mongolia: Land of Opportunity
Mongolia is a land of opportunity, home to a population of 3.5 million and covering an area three times larger than Thailand. The country is rich in natural resources, with minerals as its key export products, and boasts a unique cultural heritage. Ulaanbaatar, the capital city, is a vibrant hub fueled by the energy of a young generation.
Mongolia carries forward the spirit of warriors from the era of Chinggis Khan through its traditions and culture, which attract visitors from around the world—such as the Naadam Festival, inscribed by UNESCO as an Intangible Cultural Heritage of Humanity. Mongolians see Thailand as a popular travel destination, particularly Phuket, reflecting promising opportunities for future economic and cultural collaboration.
