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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Events

Events

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

NEWS

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Mongolia to ban on washing vehicles with clean water www.news.mn

On the World Water Day falling on Wednesday, Mongolia emphasized the importance of fresh water, urging the public to conserve water as much as possible.
According to Mongolian Ministry of Environment and Tourism, the country will soon impose a ban on washing vehicles with clean water.
On average, cars are washed with 2,000,000 liters of clean water per day in Mongolia.
A national conference on water called “Blue Gold” initiated by Mongolian President is underway from Monday to Friday, discussing water resources of the country and pressing issues in the water sector.
As of 2022, about 77 percent of the country’s total territory has been somehow affected by desertification and land degradation, and more than 360 rivers, streams, lakes and springs in the country have dried up.
 
 
 
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Center for Mongolian Studies Founded in Estonia www.montsame.mn

The Center for Mongolian Studies opened in the Eastern Studies Department of the University of Tartu, which is the oldest and most prestigious university in the Republic of Estonia on March 24.
The opening ceremony was attended by Ambassador T. Janabazar, Rector of the University of Tartu Toomas Asser, Honorary Consul of Mongolia in Estonia Leizi Karindi, Chairman of the National Council for Mongolian Studies; Dean of the School of Arts and Sciences at the National University of Mongolia D. Zayabaatar, and President of the International Association for Mongol Studies Agnes Birtalan.
Ambassador T. Janabazar handed over 100 books and research materials, donated by the Ministry of Foreign Affairs of Mongolia, to the Head of the Center for Mongolian Studies Alevtina Solovyova, and pledged to support and closely cooperate with the Center.
During the opening ceremony, an international Multidisciplinary Conference – “The Mongols: Tradition and Modernity” was held at the Senate Hall, University of Tartu on March 24-26. The conference was dedicated to Mongolian communities and their neighbors facing global and local challenges: strategies, responses, and perspectives.
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THE WEBINAR FOR EXHIBITORS OF MONGOLIA www.mongolianbusinessdatabase.com

"Start your business in Japan at Fashion World Tokyo" 14.00-15.00 April 06.2023 Host: RX Japan
MBD, the Country representative of RX Global is going to host Mongolian exhibitors to 14th “Fashion World Tokyo”, Japan’s LARGEST International trade show in Oct this year
Japan’s LARGEST International trade show, the “Fashion World Tokyo” autumn expo is going to be held at the Big Site Tokyo between 10-12 Oct, 2023 and its main organizer RX Japan is specifically invited Mongolian exhibitors to this brand show.
The exhibitors will have an opportunity to meet the distinguished international trading company representatives, buyers, agents and distributors who regularly attend annually for the B2B deal with more than 900 international exhibitors аnd in particularly Japanese leading trading firms, department stores and boutiques such as Мitsui, Marubeni, Ueni Trading, Mitsubishi, Onward, Yagi Tsusno, Itochu, Toyota Tsusho, Sanyei, Sumitomo, Sojits, Isetan Mitsukoshi, Hankyu Nanshin, Lumine, Takashimaya, Sogo & Seibu, Odakyu, Daimaru, Parco,Tokyu, Keio,Marui, Tobu, Beams, Ships, United Arrows, Nano Universe, Urban Research, Issey Miyake, Sazaby League, Baycrew’s.
The expo will include “Sustainable Fashion, “Fashion Sourcing”, “Textile”, “Fashion Digital Transformation”, “Japan Fashion” and “International Optical Fair” shows.
Japan is the world’s 3rd largest fashion market №1 in upper-middle price ranged market!
Please contact RX Global’s Country Representative office MBD (Mongolian Business Database) for the inquiries. Tel: 976 99066062 and email: contact@mongolianbusinessdatabase.com
(RX Global www.rxglobal.com is UK based international organization which runs over 400 events covering 43 sectors in 22 countries, in-person and online.)
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Twin Memory Athletes Win Super Brain Show www.montsame.mn

“Super-Brain” is one of the biggest memory contests in the world and the most popular TV show in China. Twin memory athletes of Mongolia N. Munkhshur and N. Enkhshur, who are Guinness World Record holders and World Champions accepted the invitation to participate in The Brain (Super Brain) to compete with two Chinese memory athletes.
Specifically, the Athletes are Cheng Zhi Qiang, alias "Brain King," and Xu Yangran, Champion of China Memory Championship – 2022. They have previously defeated many foreign teams, including Germany, Italy, Great Britain, South Korea, and Sweden.
The "Super Brain" show was broadcast on Jiangsu TV on March 24, 2023.
The athletes performed a task, which was memorizing palm prints. The Chinese athletes made a mistake at the end of the competition, and N. Munkhshur and N. Enkhshur were able to get full points and beat China with a score of 5-6.
Currently, N. Munkhshur and N. Enkhshur are studying at Peking University, China.
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E-business platform to obtain 230 permits be opened on April 6 www.gogo.mn

N.Uchral, the Minister of Digital Development and Communications, gave the following information.
- Let's announce the transparent index every month when conducting external evaluations that meet the criteria because the government has decided and there is a part-time council that the government has already decided. Furthermore, the organizations that have made their information transparent will be presented to the government by differentiating them by color.
We consider that external evaluation of disclosed information should be carried out by professionals and NGOs, and an arbitral monitoring council should be established. The council will include representatives of journalists, civil society organizations, professional experts, scientists, and researchers. As a result, we can completely solve the problems related to corruption in today's society.
Citizens will cooperate and create a system that controls the government. Every month, the Ministry of Digital Development and Communications will announce the transparent index.
In the framework, preparations to open a platform called e-business, which provides conditions for obtaining 230 permits electronically, on April 6 are under progress.
- The issue of child allowance has been discussed during the cabinet meeting, and the information on six funds was identified with differences. And we are working to resolve this information discrepancy. Also, we are spending time to ensure the coordination between the common databases to intensify digitalization. 138 laws to be released from the regulatory lock are being prepared for submission in this spring session. By doing this, digitalization will be open to citizens.
 
 
 
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India’s important role in the development of democracy and many institutions in Mongolia www.india.postsen.com

India’s Buddhism and its philosophy have an indelible contribution to the establishment of a democratic Mongolia. Ambassador of Mongolia to India Dambajavin Gambold was the chief guest of concluding session of the fifth edition of the three-day Bodh Gaya Dialogue on Sunday. Expressing his gratitude towards India, he said that the contribution of India’s Ambassador to Mongolia and renowned Buddhist scholar of Ladakh Kushok Lama in this mission is commendable. On the occasion of Buddha Purnima last year, the Minister of Government of India, Kiren Rijiju thanked for attending the celebrations in Mongolia.
He also recalled Prime Minister Narendra Modi gifting him a statue of Lord Buddha and his two disciples Sariputra and Moggalan during his visit to Mongolia in 2015. India’s contribution to the development of democracy, rule of law and various institutions in Mongolia is invaluable. Without the vision of India, we were unable to challenge the hegemony of the Mongols. He said that Mongolia will always be in the role of a partner with the Indira Gandhi International Center for the Arts and the Government of India at all levels to propagate the principles of Buddhism.
Presiding over the closing session of the dialogue, Prof. DC Choubey, in-charge of the Greater India Project of Indira Gandhi International Center for the Arts, said that the Central Government through the Ministry of Culture is committed to beautify the heritage of Bodh Gaya from the perspective of local stakeholders. He said that soon the Bodhgaya chapter of the Kala Kendra would take shape here with the help of the active Deshkal Society, for which the Center’s President Ram Bahadur Rai and Secretary Sachchidanand Joshi have given their consent.
In another important session, there was a discussion on Buddha and his teachings, which was presided over by Vinodanand Jha, former Director of Education, Government of Bihar. He said that Lord Buddha was the greatest teacher and emphasized on active participation of students in education. Buddhist associations are living examples of this. In the session, Dr. Ravikant, Dean of South Bihar Central University, also threw light on various dimensions of learning outcome and talked about adopting the importance of the subject of localism. DIET Nalanda Lecturer Nirmala, Dr. Rahul Kumar, academic representatives were present in the session.
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Mongolia Embraces Impact Investing for Inclusive Growth www.mongoliaweekly.com

Mongolia is embracing impact investing as a means of promoting inclusive growth and financial inclusion. Impact investing, a rapidly growing industry that generates positive social and environmental impact alongside financial returns, is an approach that aligns investment strategies with the United Nations Sustainable Development Goals (SDGs).
Impact investing has the potential to raise trillions to address the world’s most pressing development needs, from preventing and mitigating climate change to delivering the health and education services needed for lasting prosperity.
According to the latest report by The Global Impact Investing Network (GIIN), the worldwide impact investing market size is $1.2 trillion.
The challenges and risks of impact investing include difficulties in measuring and reporting impact, balancing financial and social returns, finding suitable deals and exits, and managing integrity and authenticity.
These challenges can be addressed by developing clear strategies, standards, frameworks, and tools for impact investing, as well as by fostering collaboration and learning among different stakeholders in the impact ecosystem.
Ashid Asset Management, founded by activist economist Ayushsuren Batpurev, is seeking to promote an impact investing culture in Mongolia. With commercial banks accounting for 90% of the country's financial system assets, access to finance remains limited, hindering sustainable economic growth and exacerbating inequality.
Compared to advanced economies, the level of financial literacy and education among the general public is relatively insufficient.
The percentage of people actively participating in the stock market is notably low, while a greater number of individuals are susceptible to fraudulent "get-rich-quick" schemes as was evidenced by recent scandals around cryptocurrency and tokens. Furthermore, the professional investment management system is still in its nascent stages of development.
Ashid has organized public lectures, seminars, and training to raise awareness and interest in impact investing, and its Mutual Fund has attracted over 1,000 subscribers, notably from rural areas and young investors.
To further improve public access to finance, Ashid plans to establish an Angel Investment Fund for small and medium-sized enterprises, and a Private Pension Fund to address the inadequacies of the current state retirement insurance system. The company aims to attract investors from both domestic and international markets, as well as institutional and private sectors.
By advocating for an inclusive, impact investment culture, Ashid Asset Management is contributing to Mongolia's progress towards achieving the United Nations Sustainable Development Goals and fostering ESG-driven private investment growth.
Suren Badral is an expert consultant in the areas of foreign investment and international trade. He has previously held high-level official positions, including Ambassador-at-Large at Mongolia's Foreign Ministry and Chairman of the Committee on Trade-related Investment Measures at the World Trade Organization (WTO).
 
 
 
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Mongolia Rounds off IIHF Divisional Championship with Silver Trophy www.montsame.mn

The IIHF World Championship Division IV was solemnly organized in Steppe Arena of Ulaanbaatar, Mongolia on March 23-26, 2023. Mongolia hosted IIHF Championships for the first time in its history. This Tournament was held under the auspice of President of Mongolia Ukhnaagiin Khurelsukh. The IIHF and Mongolia warmly welcomed the players, officials, fans, and everyone who attended the Championships.
Championship Results
The Philippines is Winner
The Philippine team became the winner in the Tournament by winning three matches. All other teams in the division resulted in at least one loss. They scored a total of 35 goals in three competitions and allowed only six with a goal difference of +29.
Mongolia ranked second place with eight points, while Kuwait took third place in the Tournament with three points.
President of Mongolia Ukhnaagiin Khurelsukh
Dear athletes and coaches, who are visiting our country to compete with your courage and energy!
Dear guests, fans, and spectators!
Today, a grand event is taking place that will be written in Mongolia’s sports history. Mongolians have been excitedly watching the World Hockey Championship on television for many years - admiring the skills and performances of world-famous athletes Wayne Gretzky, Vladislav Tretiak, Mario Lemieux, and Vyacheslav Fetisov. And I have fond memories of playing hockey on an open field with my friends. I am very happy that we are hosting the World Championship Division IV tournament in our country at Mongolia’s first Olympic standard venue, Steppe Arena.
Mongolia has many young people interested in hockey, who I believe will bring our country to the world stage in winter sports.
On behalf of the Mongolian government and people, I would like to thank the International Ice Hockey Federation and the Mongolian Ice Hockey Federation for their cooperation.
Mongolia has been actively supporting all kinds of sports events, competitions, and festivals in expanding and developing friendly relations with many countries. One of the clearest manifestations is this competition, which is being opened under the auspices of the President of Mongolia. Inter-ethnic friendships and mutual understanding are created and maintained through sports. It is the wish of all of us to be free of war and hardship, visit each other and develop together.
Mongolians are people who strive forward to overcome new challenges and test our strengths. When we aspire for a common goal, we unite our voices and cheer “uukhai.”
I would like to announce the opening of the World Championship Division IV tournament. Good luck to you all. Uukhai, Uukhai, Uukhai.
A. Mergen, Vice President of the Mongolian Ice Hockey Federation, and Head Coach of Mongolia Men's National Ice Hockey Team
It has been almost 60 years since Mongolians started training in Ice hockey. Mongolia is hosting IIHF World Championships for the first time. Today, Mongolia Men's National Ice Hockey Team captured its first win against Kuwait with a stunning score of 8-0. I would like to thank all the Mongolians and the hockey enthusiasts who cheered on team Mongolia. I am very happy now. Our strongest rival was the Philippines since the team includes five American players and two professional players from Switzerland. As of previous games, our team frequently matched the Philippines. We beat team Philippine twice and became the champion.
Ice hockey in Mongolia has been developing for 60 years. Successfully organizing the world championships in Mongolia is our accountability, and it is an opportunity to show the world that Mongolia can host the world's high-level ice hockey championships. Moreover, it was a splendid moment that the IIHF valued the abilities and skills of Mongolian players and the activities of the Mongolian Ice Hockey Federation.
Anders Larsson, Council Member of IIHF
It feels very good to be here in Mongolia. Seeing the Steppe Arena is fantastic. My first impression of getting to know the people working for the development of Mongolian ice hockey and the fans and supporters of the team Mongolia here is spectacular. Every tournament is special in its own way. But this one is really special. For the first time in its history, Mongolia is hosting IIHF Men’s World Championship division IV. As for IIHF, it is a valuable opportunity to promote ice hockey through the IIHF World Championships.
On the first day, the Steppe Arena, with a seating capacity of 2600 to 3600, had a full audience. An hour before the start of the Game, many Mongolian hockey enthusiasts gathered at once in the Steppe Arena to cheer on team Mongolia. Specifically, fans from rural areas of Mongolia as well as the junior ice hockey team from Darkhan city, Mongolia, observed the Championships. Also, hockey enthusiasts from the Philippines, Canada, Indonesia, Kuwait, and the United States, living in Mongolia, visited the Steppe Arena.
Hockey Fans
-The speed, the striking, and the pass, just everything of the Mongolian team is good.
-Today is a very remarkable moment in Mongolian Ice Hockey history. I would like to thank everyone who constructed this Ice Arena, and the organizers of this Tournament. This is my second time observing the world ice hockey championships in the world high-class arena. One of them was the 2023 IIHF Ice Hockey U18 Asia and Oceania Championship. The atmosphere in Steppe Arena right now is beyond my expectation.
B. Dorjpalam, The First State Honored Coach of Mongolian Ice Hockey
The IIHF World Championship Division IV is considered a very high-level championship. We are hosting this Tournament for the first time. The organization of this event by the Mongolian Ice Hockey Federation and the training of Mongolia national men’s ice hockey team are fantastic.
More than 120 people, including players, coaches, and officials from Kuwait, Indonesia, and the Philippines came to Mongolia for the IIHF World Championship Division IV. After successful runs and fierce battles, the Philippines lifted the Grand Trophy of Division IV.
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The First Thermal Coal E-Auction Held www.montsame.mn

According to the MSE, "Erdenes Tavantolgoi" JSC's first thermal coal e-auction was organized on March 24. During the trade, 15 lots or 96,000 tons of thermal coal were traded and the price increased by 7.32 percent, from USD 68.30 to USD 73.30.
"Erdenes Tavantolgoi" JSC used to sell coal at a mine-mouth price of USD 9.5 in 2020, while on March 24, 2023, they managed to sell at an ex-border price of USD 73.30.
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8-year-old Mongolian child will be the third religious leader of Tibet: Dalai Lama completed the rituals in Himachal, said- meeting the child in Mongolia is auspicious www.newscubic.co.in

The 87-year-old Tibetan religious leader Dalai Lama has given a big blow to China. He has made an 8-year-old Mongolian child born in America the third highest religious leader of Tibetan Buddhism. He is one of the twins. The Dalai Lama called this child the reincarnation of the 10th Khalkha Jetsun Dhampa Rinpoche.
The ceremony of meeting the new religious leader took place on March 8 in Dharamsala, Himachal Pradesh, but its information has now come to the fore. It was attended by 600 Mongolians at the ceremony. The Dalai Lama said – Our ancestors had deep relations with the Krishnacharya dynasty of Chakrasamvar. One of these also established a monastery in Mongolia. In such a situation, it is very auspicious to meet the third religious leader in Mongolia.
Celebration in Mongolia on the news of the child
According to Mongolian media, the new Tibetan cleric is one of the twins of a maths professor from Mongolia. The names of these children are Agudai and Achiltai. And the child’s grandmother has been a Member of Parliament in Mongolia. People started celebrating in Mongolia as soon as the news of the child being a religious leader came out. There was great enthusiasm among the Buddhists during the ceremony. On the other hand, according to some media reports, there were reports earlier also of a Mongolian child being a religious leader, but the Dalai Lama has now confirmed it.
China had said – we will choose a Buddhist leader
This step of the Dalai Lama is considered politically important. China wants to appoint its people in the tradition of Tibetan Buddhism, so that there is no possibility of any rebellion in Tibet. China has also announced that the country will recognize only those Buddhist leaders whom the Chinese government will choose. Even before this, in 1995, when the Dalai Lama chose the second highest religious leader, the Panchen Lama, he was jailed by the Chinese authorities. After this, China appointed a religious leader of its own choosing to the post. Now after getting the third Tibetan religious leader, there is concern among Buddhists about his safety.
Dalai Lama came to Himachal from China in 1959
The Dalai Lama is the religious leader of Tibet. He was born in 1935. He was said to be the reincarnation of the previous Dalai Lama when he was 2 years old. After this he was recognized as the 14th Dalai Lama. The Dalai Lama fled from Tibet in 1959 after China occupied it. Since then he has been living in Dharamshala, Himachal Pradesh. The Dalai Lama was awarded the Nobel Peace Prize in 1989. However, China calls them separatists who are a threat to Tibet.
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