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    

Category

Events

Events

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

NEWS

64x64

Four Mongolian Articles Published in International Scientific Journal www.montsame.mn

This year, four articles from our country were published in the prestigious international scientific journal registered in the World Science Database. The National University of Mongolia (NUM) has presented scientific works and articles of Mongolian scientists published in internationally recognized professional journals with SSCI, SCI, and AHCI indexes and were registered in the “Web of Science” database.
One of the four articles was published independently, and three others from our country were co-authored. The articles are research papers on air and soil pollution and global climate change. The Acting Director of the NUM, Professor D. Badarch, pointed out that the magazines are leading in their respective fields, fully open and costly, high in demand, and most are both printed and digital.
He said, “The fact that the research works of our scientists and teachers are being published internationally is a significant sign that the world is beginning to esteem us with more interest, and experts are dignifying them too.”
About 660 scientists and teachers work at NUM. Scientific and research work, 130 of which have been published in influential international scientific journals. Most articles were published in the environment, ecology, mathematics, engineering, chemistry, botany, geology, computer science, and biodiversity preservation.
The head of the Department of Environmental and Forest Engineering of NUM, N. Sonomdagva, explains this success because the school has included in its internal rules that teachers publish their works internationally. Secondly, the school management encourages the work of teachers.
...


64x64

ADB Grant to Build Renewable Energy Heating Systems in Mongolia www.adb.org

The Asian Development Bank (ADB) and the Government of Mongolia signed a $2 million grant to increase efficient and renewable energy heating systems in remote areas in Mongolia.
ADB will administer the $2 million grant financing from the Japan Fund for Prosperous and Resilient Asia and the Pacific (JFPR), which has supported projects in Mongolia in poverty alleviation, livelihood improvement, and environment safeguards over the past 20 years. JFPR is funded by the Government of Japan.
“Adequate heat supply is vital in Mongolia, which can experience extreme low temperatures of -40 degrees Celsius or below,” said ADB Principal Energy Specialist for East Asia Shannon Cowlin. “The project will not only improve air quality with significant impact to public health. It will also demonstrate the viability of renewable heating systems in Mongolia’s rural areas and build capacity among leaders and the community to reduce coal usage."
Mongolia has taken steps to increase the share of renewable energy in its power supply. However, the majority of Mongolians still use coal as their main heat source, either through coal-fired plants, boilers, or household stoves. These methods have led to high levels of unhealthy air pollutants and greenhouse gas emissions.
The $2 million grant will support the design, procurement, and installation of more sustainable heating systems in the country. The project will focus on hospitals and health care centers in soum centers—Mongolian pasturelands—as they are critical for the community and have continuous heating and hot water requirements. The buildings will also be retrofitted with energy efficiency measures to reduce heating demand.
The project aims to spread awareness on the value of efficiency measures and cleaner heating systems, as well as ways to install and maintain them, among government officials and heating technicians. The project will also train community members—in particular, women—on measures that can be adopted in residences to reduce residential coal use and associated emissions.
The project will be completed by 2025.
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.
 
 
 
...


64x64

Number of Enterprises Exporting Meat to Uzbekistan Increased www.montsame.mn

In the first 10 months of this year, Mongolia has exported 500 tons of meat and by-products to Uzbekistan. During his virtual meeting with the Minister of Agriculture of Uzbekistan Voitov Aziz Botirovich, the Minister of Food, Agriculture and Light Industry of Mongolia Kh. Bolorchuluun expressed that Mongolia has a breadth of opportunity to increase exports to Uzbekistan in the future.
In December 2022, Uzbekistan granted permission to import meat and meat products to Mongolian nine enterprises. As a result, the number of enterprises that can export to the country has increased to 26.
In 2019, the sides agreed to implement joint projects and programs on the further expansion of cooperation in animal husbandry and veterinary, and relevant veterinary certificates were mutually agreed upon. This opened the possibility of exporting meat and meat products to Uzbekistan.
During the bilateral meeting, the two countries exchanged viewson the development of cooperation in the livestock sector and collaboration within the framework of the project to construct a quarantine zone with a veterinary regimen implemented by the government. In this regard, the representatives of Uzbekistan also demonstrated a willingness to expand imports by establishing a joint farm in Mongolia. For this, the parties reached a consensus that it is effective to cooperate in the " quarantine zone with a veterinary regimen" of the three western provinces of Mongolia.
Enterprises in Mongolia have been introducing the standard Halal Slaughtering Norms in recent years. This creates an opportunity to supply Halal meats and meat to countries such as Uzbekistan, Kazakhstan, Iran, and Azerbaijan.
During the 2022 SCO summit held in Samarkand, Uzbekistan in September, the Presidents of the two countries met and agreed to establish an intergovernmental commission of Mongolia and Uzbekistan. Accordingly, the first meeting of the intergovernmental commission is planned to be held in Uzbekistan within the first quarter of 2023, chaired by the Ministers of Agriculture of the two countries.
...


64x64

“This is Mongol” by The HU Selected as One of the 10 Best MVs of 2022 www.montsame.mn

The world-famous "Metal Hammer" magazine selected the "This is Mongol" music video by The Hu as one of the 10 best music videos of 2022.
Moreover, the music video was ranked 19th in the “Top 40 Best Songs of 2022” released by the online music magazine "Music.mxdwn.com".
Previously in November, The Hu was named UNESCO Artist for Peace, becoming the second group/individual from Asia and the first heavy metal band in the world to have such an honor
The Hu has headed to Europe for their final tour of the year. Their European tour started on October 26 and will continue until the end of this year. The band will participate in one of the world’s most famous rock festivals – "Hellfest", which will be held on June 15-18, 2023.
...


64x64

Mongolia Can Create Dynamic and Inclusive Labor Market, with Better Jobs for More Citizens www.montsame.mn

Mongolia’s labor market has expanded significantly during the last two decades, with employment rising by 50 percent. Its labor force has also become increasingly educated: the share of the population aged 25 and over with a college degree now resembles that of high-income countries. Fewer people now work in agriculture, and more and more people are working in the service sector, a sign of development. These changes would suggest that Mongolia has a vibrant and diverse labor market with an abundant supply of good jobs.
However, some indicators show otherwise. Most of the jobs created in recent years were in low-wage sectors. The economy, including exports, has increasingly become dependent on mining, a sector that is not very labor-intensive and employs very few people. Labor force participation has also been declining over the past decade, especially among women, and unemployment is high, particularly among young people. Added to this is the fact that by 2030, 14 percent of the population is expected to be over the age of 65, raising concerns about the sustainability of pension systems and healthcare expenditures.
How can Mongolia create a labor market that is more dynamic and inclusive and that better serves the needs of its economy and society? In the past week, I have had the privilege of visiting Mongolia and discussing such issues with key stakeholders in the country. These questions are also the focus of the recent World Bank Mongolia Jobs Diagnostic, which identifies two main challenges for the country: first, to create more and better jobs that are also more diversified across sectors than in the recent past; and, second, to develop a more inclusive labor market, where more women are encouraged to participate, and that brings more young people and urban residents into the workforce.
To address these challenges, several key constraints will need to be tackled.
First, labor demand will need to be more dynamic. This will require strengthened macroeconomic and fiscal management to encourage the flow of sustained investments needed for job creation. The business environment will need to be made more conducive to a dynamic and innovative private sector that will demand high-quality labor. Among the ways to do this are ensuring greater stability in the policy and regulatory environment, establishing an effective public-private dialogue to identify critical regulatory constraints, and promoting a fair, competitive business environment that encourages the growth of innovative, productive firms. It will also be important to diversify exports beyond the resource sector and promote job creation in new economic sectors with lower volatility.
Second, the skills of the country’s workforce will also need to be upgraded. This will involve enhancing the quality and relevance of the current skills development system. Even though Mongolia is a highly educated country, recent graduates have difficulty finding jobs, in part because they don’t have the skills that are being demanded in the labor market. This includes soft skills, such as teamwork and communication skills, but there are also mismatches concerning the field of study. Another way to upgrade the workforce is to remove employment barriers faced by social assistance beneficiaries, as well as by women. This can be done via effective active labor market programs, but also by providing work incentives, as well as access to childcare and other social services.
Finally, improvements will be needed in the way the labor market functions using a comprehensive labor market information system. Such a system would allow employers, job seekers, students, and policymakers to access timely and accurate information on labor market conditions, the workforce, and the demand for labor and skills. Such information would allow for more informed choices by employers and job seekers alike, leading to a more efficient labor market in which people acquire the skills that are most in demand and where employers can tap into a workforce that is more suitable to their needs.
The recently launched eJOB platform, developed with support from the World Bank, allows employers to post job listings and jobseekers to search for and apply for jobs. This is one important step in the right direction, but making sure all private and public stakeholders are benefiting from the quality information provided by the system will require continuous effort in the long run.
Finally, labor market regulations should be more rigorously enforced; the duration and level of benefits of unemployment insurance should be reviewed to increase generosity, based on rigorous actuarial assessment.
In sum, making Mongolia’s labor market more vibrant and inclusive will require a “whole of government” approach, with several economic and social agencies playing an important role in tackling demand and supply-side constraints in close cooperation with the private sector. As more and better jobs are created and the labor market becomes more inclusive for certain groups such as women and youth, Mongolia can be expected to enjoy more favorable economic prospects while at the same time allowing more individuals and families to increase their well-being.
Mara Warwick, World Bank Country Director for China and Mongolia, and Director for Korea.
 
 
 
...


64x64

16 COVID-19 cases recorded in Mongolia on Dec 22 www.akipress.com

16 new COVID-19 cases were recorded in Mongolia on December 22.
11 of them were contacts in Ulaanbaatar, and 15 were registered in the regions. No imported cases were found.
1 patient died from coronavirus in a day, bringing the total number of deaths to 2,136.
...


64x64

Mongolia starts importing vegetables and fruits from China via Gantsmod Port www.news.mn

On Monday, China has launched a new export channel of vegetables and fruits to Mongolia with 18.5 tonnes of fresh produce transported via Gantsmod Port, north China’s Inner Mongolia Autonomous Region.
Trucks carrying 18 types of vegetables and fruits, including apples, pears, tomatoes and cucumbers, went through the land port in Bayan Nur City, heading for Mongolia’s South Gobi province where the demand for agricultural products keeps rising due to a growing population in its mining area.
In the past, fruits, vegetables, and other daily necessities were transported to Ulaanbaatar, the capital of Mongolia, via Erenhot, the largest land port on the China-Mongolia border, and then to South Gobi, said Lyu Xiaojun, deputy director of the port management office of Bayan Nur.
The new transportation distance is about 1,500 km shorter, helping reduce costs and keep the freshness of products.
...


64x64

The first parliamentary hearing on the case of large-scale coal theft in Mongolia www.news.mn

Yesterday (21 December), the first parliamentary hearing on the case of large-scale coal theft in Mongolia, which has caused mass protests across the country, took place at State House in Ulaanbaatar city.
Preliminary results of the investigation along with detailed information about the transportation of coal across the border with China were revealed and statistics on coal production, customs data, as well as information on the cost of coal were announced by the relative authorities.
The hearing held publicly with free access of media.
...


64x64

Australian Jade Gas signs gas sales in Mongolia www.news.mn

Today (22 December), Australian Jade Gas has signed a memorandum of understanding (MoU) to supply gas from its TTCBM project in Mongolia to power Xanadu Mines’ Kharmagtai copper-gold development.
Xanadu is developing copper-gold porphyry deposits in the south of Mongolia, with its Kharmagtai project located approximately 80 km to the northeast of Jade’s TTCBM project. The operation is expected to have a 30-year mine life with up to 120 MW of power demand.
Jade said the MoU aligns both parties shared ambition for improving Mongolia’s energy independence, energy mix, and meeting climate change commitments.
The parties will work toward negotiating commercial terms for a binding gas sales agreement which is expected after Jade’s 2023 TTCBM project pilot production programme.
“Jade has already established substantial gas field potential over a 45 km strike, and it is pleasing to see commercial customers in the region recognise the important role that Jade can play in providing a cleaner source of energy to deliver on ESG ambitions for sustainable operations,” Jade CEO Chris Jamieson said.
...


64x64

Inner Mongolia's raw coal output exceeds 100 Mt in Nov www.sxcoal.com

Northern China's Inner Mongolia produced 100.78 million tonnes of raw coal in November, hitting the second-highest so far in the year, according to data from the local statistical bureau.
During January-November, the coal-rich region churned out 1.07 billion tonnes of raw coal in total, rising 12.1% compared with a year ago and continuing a two-digital growth.
Three major coal production cities in the region – Ordos city, Xilingol League and Hulun buir city – saw their output climb 14.3%, 12.1% and 11.5% year on year. Their combined output represent 86.6% of Inner Mongolia's total, data showed.
Two large coal cities Tongliao and Wuhai in the region actively produced the mineral for winter use this month, with their respective production rising 16.4% and 22.5% year on year, data showed.
(Writing by Emma Yang Editing by Tammy Yang)
...


  • Terms of Reference
  • About
  • Contact Us

Managed by: B2BMongolia www.b2bmongolia.com

Events

News

Facebook