1 MONGOLIA MARKS CENTENNIAL WITH A NEW COURSE FOR CHANGE WWW.EASTASIAFORUM.ORG PUBLISHED:2024/12/20      2 E-MART OPENS FIFTH STORE IN ULAANBAATAR, MONGOLIA, TARGETING K-FOOD CRAZE WWW.BIZ.CHOSUN.COM PUBLISHED:2024/12/20      3 JAPAN AND MONGOLIA FORGE HISTORIC DEFENSE PACT UNDER THIRD NEIGHBOR STRATEGY WWW.ARMYRECOGNITION.COM  PUBLISHED:2024/12/20      4 CENTRAL BANK LOWERS ECONOMIC GROWTH FORECAST TO 5.2% WWW.UBPOST.MN PUBLISHED:2024/12/20      5 L. OYUN-ERDENE: EVERY CITIZEN WILL RECEIVE 350,000 MNT IN DIVIDENDS WWW.GOGO.MN PUBLISHED:2024/12/20      6 THE BILL TO ELIMINATE THE QUOTA FOR FOREIGN WORKERS IN MONGOLIA HAS BEEN SUBMITTED WWW.GOGO.MN PUBLISHED:2024/12/20      7 THE SECOND NATIONAL ONCOLOGY CENTER TO BE CONSTRUCTED IN ULAANBAATAR WWW.MONTSAME.MN PUBLISHED:2024/12/20      8 GREEN BOND ISSUED FOR WASTE RECYCLING WWW.MONTSAME.MN PUBLISHED:2024/12/19      9 BAGANUUR 50 MW BATTERY STORAGE POWER STATION SUPPLIES ENERGY TO CENTRAL SYSTEM WWW.MONTSAME.MN PUBLISHED:2024/12/19      10 THE PENSION AMOUNT INCREASED BY SIX PERCENT WWW.GOGO.MN PUBLISHED:2024/12/19      КОКС ХИМИЙН ҮЙЛДВЭРИЙН БҮТЭЭН БАЙГУУЛАЛТЫГ ИРЭХ ОНЫ ХОЁРДУГААР УЛИРАЛД ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     "ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК-ИЙН ХУВЬЦАА ЭЗЭМШИГЧ ИРГЭН БҮРД 135 МЯНГАН ТӨГРӨГ ӨНӨӨДӨР ОЛГОНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     ХУРИМТЛАЛЫН САНГИЙН ОРЛОГО 2040 ОНД 38 ИХ НАЯДАД ХҮРЭХ ТӨСӨӨЛӨЛ ГАРСАН WWW.NEWS.MN НИЙТЭЛСЭН:2024/12/20     “ЭРДЭНЭС ОЮУ ТОЛГОЙ” ХХК-ИАС ХЭРЛЭН ТООНО ТӨСЛИЙГ ӨМНӨГОВЬ АЙМАГТ ТАНИЛЦУУЛЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     Л.ОЮУН-ЭРДЭНЭ: ХУРИМТЛАЛЫН САНГААС НЭГ ИРГЭНД 135 МЯНГАН ТӨГРӨГИЙН ХАДГАЛАМЖ ҮҮСЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     “ENTRÉE RESOURCES” 2 ЖИЛ ГАРУЙ ҮРГЭЛЖИЛСЭН АРБИТРЫН МАРГААНД ЯЛАЛТ БАЙГУУЛАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     “ORANO MINING”-ИЙН ГЭРЭЭ БОЛОН ГАШУУНСУХАЙТ-ГАНЦМОД БООМТЫН ТӨСЛИЙН АСУУДЛААР ЗАСГИЙН ГАЗАР ХУРАЛДАЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     АЖИЛЧДЫН САРЫН ГОЛЧ ЦАЛИН III УЛИРЛЫН БАЙДЛААР ₮2 САЯ ОРЧИМ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     PROGRESSIVE EQUITY RESEARCH: 2025 ОН “PETRO MATAD” КОМПАНИД ЭЭЛТЭЙ БАЙХААР БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     2026 ОНЫГ ДУУСТАЛ ГАДААД АЖИЛТНЫ ТОО, ХУВЬ ХЭМЖЭЭГ ХЯЗГААРЛАХГҮЙ БАЙХ ХУУЛИЙН ТӨСӨЛ ӨРГӨН МЭДҮҮЛЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/19    

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

NEWS

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All tender offers to be announced by May 1 www.montsame.mn

Ulaanbaatar /MONTSAME/ During the Cabinet’s regular meeting on April 19, Wednesday, Minister of Finance B.Choijilsuren presented a report and assessment on the 2016 activities of general budget governors in response to which the Cabinet issued several orders.

The Cabinet ordered the budget governors to reflect on the detected violations and errors, avoid repetition and obtain satisfactory or above satisfactory rating for their activities in 2016; and publicize tender process online this year.

Moreover, the Cabinet also tasked the general budget governors to announce all tender offers before May 1, finalize the selection, establish an agreement with the chosen bidder and begin work within June 15, and not enter an agreement after the date.
Kh.Aminaa

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Premier League revenues soar but clubs still make a loss www.bbc.com

Premier League clubs posted record revenues of £3.6bn in 2015-16, but still struggled to make a profit.
The 20 top-flight English teams made a pre-tax loss of £110m, after two consecutive seasons in the black, according to figures from Deloitte.
Clubs saw increased player expenditure, operating costs and one-off charges.
The two Manchester clubs' revenues increased by a total of £160m - roughly half of the total revenue growth recorded by the Premier League clubs.
"The 2015-16 season saw Premier League clubs grow revenues by almost 10% ... with the two Manchester clubs alone responsible for more than 50% of the increase," said Dan Jones, head of the Sports Business Group at Deloitte.
European income
Mr Jones said Manchester United's participation in the 2015-16 Uefa Champions League, along with continued strong commercial revenue growth, resulted in a 30% increase in revenue to £515m, making them the world's highest revenue-generating club.
"Increased distributions to clubs competing in Europe, under the new Uefa broadcast rights cycle - notably Manchester City, who reached the semi-finals of the Uefa Champions League - also contributed to Premier League clubs' revenue growth," Mr Jones added.
Premier League 2015-16 in numbers (2014-15 in brackets)
Revenues - £3.6bn (£3.4bn in 2014-15)
Wage costs - £2.3bn (£2bn)
Other operating costs - £900m (£800m)
Operating profit - £500m (£500m)
Net player trading - £400m (£300m)
Other costs - £200m (£100m)

Looking at the combined losses, the first since the 2012-13 season, he said it was "worth noting that this is due to a small number of one-off 'exceptional' costs".
He said an example of these one-off items was Chelsea making a big financial provision against the early cancellation of their kit supply deal with Adidas.
Stadium expansion
Overall league revenues are set to be even higher in this season, thanks to the effects of the new television deal with Sky and BT, which kicked off last August and is worth a record £5.136bn for live Premier League TV rights over three seasons.
"We continue to see television deals go up, and there is no reason to believe that will end any time soon," said Mr Jones.
He said that as well as TV, there were other long-term revenue earners in the pipeline, principally the move by a number of clubs - including West Ham, Chelsea, Spurs, Liverpool, Everton and Manchester City - to expand their existing stadiums or move into bigger ones.

"It means that clubs will enjoy a growth in that most traditional of revenue streams, namely matchday income," said Mr Jones.
Another highly touted source of future income for clubs has been digital, but Mr Jones said that rather than bringing in huge sums in its own right, digital could be used to enhance the clubs' existing commercial connections with fans and sponsors.
And he said that at the top of the Premier League, clubs would constantly look to add to their global rosters of sponsors.
However, one potential worrying sign for clubs is that player and wage costs were on the rise again in 2015-16, with gross transfer spending in 2015-16 at a record and salaries up by 12% to £2.3bn,

In addition, gross transfer spend in 2015-16 was a record, although this has since been surpassed by player spending in the 2016-17 season reaching almost £1.4bn - eclipsing the previous high by one-third.
But Mr Jones said that whereas in the past, the ratio of player wages to income rose steeply when a new TV deal was signed, this time, "it is reassuring to see that there is more balance."
In 2015-16 wages accounted for 64% of income, compared with 71% in 2012-13 and 69% in 2009-10.
Meanwhile, combined operating profits for 2015-16 - which strip out the effects of player trading, net interest charges and the changing value of player contracts - remained stable at £500m, the same as in the previous 2014-15 season.

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Gold prices will continue to climb due to geopolitical tensions - analysts www.rt.com

 
The price of gold has risen 12 percent this year, and the surge will only continue, according to bank Intesa Sanpaolo, marked by Bloomberg as the best forecaster for the metal last quarter. Analysts at Saxo Bank agree.
The precious metal approached $1,300 per troy ounce on Tuesday before retreating to $1,283 on Wednesday.
 
Intesa analyst Daniela Corsini told Bloomberg prices could fall in mid-year as the US Federal Reserve hikes interest rates, but they are likely to bounce back, reaching $1,350 an ounce at year-end.
 
“Markets will surely remain nervous about this uncertainty. And if economic data in the US remains strong, then gold will regain its role as an inflation hedge,” she told the media.
 
India, the world's second-biggest gold market, has recovered from the government’s ban on larger banknotes, and the demand will grow there, Corsini predicted.
 
In India, the “impact of the demonetization scheme has run its course, and we had very strong imports in February and March,” she said.
 
Corsini added that in Europe traders will use gold as a safe haven ahead of elections in France, Germany, and the UK.
 
Investors are also worried about geopolitical tension in Syria, Afghanistan, and Turkey as well as US relations with Russia and China.
 
"Short-term risk is skewed to the downside, but underlying support is there with the focus on political uncertainties. We see the yen continuing to strengthen, and a strong yen and strong gold have gone hand-in-hand since November," Saxo Bank's head of commodity strategy Ole Hansen said on Wednesday.
 
"Also expectations about the dollar are up for revision, the strong dollar story is fading. [US President Donald] Trump is talking it down, and we're seeing weakness creep into US data, changing the perception of how much rates have to rise," he added.
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Mayors of Ulaanbaatar and Tokyo to meet www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ On the occasion of the 45th anniversary of the establishment of diplomatic relations between Mongolia and Japan, S.Batbold, Governor of Capital and Mayor of Ulaanbaatar city is paying an official visit to Tokyo, Japan on April 17-21.
On April 19, Mayor S.Batbold will be conducting a meeting with Governor of Tokyo Yuriko Koike to exchange views on bilateral relations between the two cities.
Yesterday, April 18, Mayor of Ulaanbaatar S.Batbold got acquainted with the activities of Morigasaki Water Reclamation Center, City Maintenance and Waste Management Center and Environmental Research Institute in Tokyo.
The Morigasaki Water Reclamation Center with a capacity to treat 154 thousand tons of water a day is the largest water reclamation center in Japan of which whole treatment area amounts to 14.675 hectares. This facility cleans 25 percent of wastewater of Tokyo city.
The City Maintenance and Waste Management Center under the Governor’s Office of Tokyo treat and dispose of waste from 21 districts of Tokyo city.
The Environmental Research Institute conducts surveys to reduce air pollution and delivers reports to government authorities.
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Mongolia's first satellite-launch project introduced www.en.montsame.mn

 
Ulaanbaatar /MONTSAME/ Within the framework of an international BIRDS project, a joint team of the Kyushu Institute of Technology of Japan and the National University of Mongolia (NUM) is working to launch a satellite into space this year.
The Joint Global Multi Nation BIRDS (JGMNB) project is a cross-border interdisciplinary spectral and infrared remote detection (BIRD) satellite project for non-space faring countries supported by Japan. Ghana, Mongolia, Nigeria, and Bangladesh are some of the seven countries participating in the project.
Each country team in the project is creating their own country satellite into space and Mongolia's satellite is named Mazaalai - the Mongolian Gobi Bear, which would be a symbol of the sovereignty of Mongolia. Three Mongolian students pursuing a doctorate degree at the Kyushu Institute of Technology, D.Erdenebaatar, D.Amartuvshin and T.Turtogtokh are in the team to build the first Mongolian satellite.
Last February, a press conference was held to deliver the “Mazaalai” satellite to the Japanese Aerospace Exploration Agency. The satellite will soon be transferred to NASA to be sent into space along with the regular supplies of the International Space Station in SpaceX rocket.
On April 13, the project team, including leader of the Mongolian team in the project R.Tsolmon, who is Dean of Aerospace and Surveillance Research Laboratory of the NUM introduced the progress of the BIRDS project and Mazaalai satellite to Mongolian public.
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MBD Business offers #14

MBD facilitates strategic business communications between Mongolian and foreign businesses, conducts targeted market research, and provides consulting for business looking to grow in Mongolia as well as those expanding internationally from within Mongolia. In addition, MDB organizes business programs and official delegations to build connections between the Mongolian and International markets.

MBD's "public face" www.mongolianbusinessdatabase.com" is the number one ranked website on Google for users searching terms related to business in Mongolia, attracting visitors from over 80 countries.
Please review the following MBD business offers package number 14 and feel free to visit www.mongolianbusinessdatabase.com for more information on each offer and contact us.
MBD Admin: contact@mongolianbusinessdatabase.com
976 98994787, 976 77109911, 976 99066062

Passenger information system (Slovenia)
Seeking a partner

Ready-made garment (Bangladesh)
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Sushi related products(China)
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Screw pumps(China)
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Sunflower and plants seed (China)
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High precision machining of industrial parts(China)
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Heavy duety machinery(India)
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Water treatment system(South Korea)
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Road construction equipments manufacturing(India)
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Modern light sources(LED)(Uzbekistan)
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High quality electric products(Uzbekistan)
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Water heaters(Uzbekistan)"Italian brand"
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Aluminum constructions,Plastic systems(Uzbekistan)
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Window and door construction(Uzbekistan)
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Aluminum heating radiators(Uzbekistan)"Italian brand"
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Armored vehicles (Israel)
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Secure communication solutions (USA)
Seeking a partner

Thermowood products(Turkey)
Seeking a partner

Tractors (Czech Republic)
Seeking a partner

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Vietnam treasures traditional friendship with Mongolia www.english.vietnamnet.vn

 
Congratulating Mongolia on its socio-economic achievements over the past years, Phuc said the two countries’ leaders agreed to facilitate high-level exchanges and cooperation across the fields of diplomacy, national defence-security, among others, as well as tap the role of the Inter-governmental Committee to boost economic-trade ties and increase mutual support at multilateral forums.
Vietnam is determined to build a constructive and action-minded government and willing to offer support to foreign enterprises, including those from Mongolia, to coordinate with Vietnamese partners, he said.
The host wished that during his tenure, the ambassador would accelerate the effective implementation of agreements reached by their leaders and study ways to lift two-way trade.
He suggested enhancing bilateral tourism and labour cooperation and expressed his belief that the ambassador would fulfill his assigned tasks to contribute to developing bilateral ties.
Dash, for his part, vowed to do his best to lift two-way trade on par with the two countries’ potential.
With strength in oil and gas and cotton, Mongolia wants to work closely with Vietnam, and vice versa, Vietnam which boasts strength in farm produce and fruits, could boost exports to Mongolia, he said.
He assured the host that more meetings of the Inter-Governmental Committee would be held to seek measures to intensify bilateral economic, trade, investment ties as well as people-to-people exchange.-
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EBRD brings in new Mongolia country head www.gtreview.com

The EBRD has appointed Irina Kravchenko as the new head of the bank’s operations in Mongolia.
 
Based in Ulaanbaatar, Kravchenko’s arrival coincides with the city joining the EBRD’s Green Cities programme. A memorandum of understanding paving the way for EBRD investments in areas such as green transport and safe water was recently signed by deputy mayor Batbayasgalan Jantsan and EBRD managing director for Central Asia and Russia, Natalia Khanjenkova.
 
Commenting on her appointment, Kravchenko says: “Mongolia, where we have invested US$1.6bn, is very important for the EBRD. We support projects which help diversify the country’s economy such as manufacturing, and the sustainable development of the natural resources sector, which accounts for almost all of the country’s exports. I am very pleased to be taking up this post as Ulaanbaatar becomes the first city in Asia to join our Green Cities programme.”
 
Kravchenko joined the EBRD in 1995 as a banker where she worked on projects in Ukraine, Armenia, Georgia, central Asia and south-eastern Europe. In 2012, she was appointed to an associate director position as adviser to the managing director of the EBRD’s southern and eastern Mediterranean operations. During this time, she spent six months in Tunisia as acting head of office.
 
Prior to joining the EBRD, she worked at the National Bank of Ukraine.
 
Kravchenko replaces Matthieu Le Blan, who served in the role for the last three years.
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City authorities formulate road master plan www.montsame.mn

Ulaanbaatar /MONTSAME/ Speaking to residents of several Khoroos of Songino-Khairkhan district during a recent meeting, Deputy Mayor of Ulaanbaatar P.Bayarkhuu stated, “The capital city authorities have planned robust infrastructure development in the frameworks of which several measures are to be taken in the near future”.

In particular, 2017 was declared as a ‘Year of Legal Reformation’, and a draft law concerning the legal status of the capital city has been submitted to the Cabinet.

In the scope of a program to increase employment in Ulaanbaatar, the city administration organized an open day employment intermediary event which proved useful and productive to some 2000 individuals looking for job.

Furthermore, the capital city administration has begun preparations to advance to an integrated CCTV system in order to ensure safety of every Ulaanbaatar residents. “For the first time, Ulaanbaatar City Road Master Plan has been formulated in frames of which road repair and constructions will soon begin”, the Deputy Mayor said.

He also mentioned that the authorities were looking into possibilities of introducing a one-ride smart card in public transportation for visitors to Ulaanbaatar, for instance, people coming from 21 provinces.

Member of Parliament D.Terbishdagva, Minister of Health A.Tsogtsetseg and other officials were present at the m

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Presidential candidate nomination dates fixed www.montsame.mn

Ulaanbaatar /MONTSAME/ The nomination of presidential candidates for the upcoming Presidential Election will take place on May 2-6, in compliance with the Law of Mongolia on Election which regulates that nomination of presidential candidates will begin 55 days prior to election day and end 5 days prior to the election day.

Parties and coalitions eligible to nominate a candidate for the Presidential Election must submit the necessary documents and files to General Election Commission in accordance with the relevant laws and regulations. Within 3 days of receiving the document, the General Election Commission issues a resolution on whether or not the candidate is registered. And within 3 working days, names of all registered candidates will be announced to public.
In connection with the Presidential Election which is to take place on June 26, internal migration is to be halted starting from April 27 to June 27, as the law states that migration must be suspended 60 days prior to the election day.
Kh.Aminaa

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