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    

Events

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

NEWS

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China's Inner Mongolia has 11.1 Mt of coal stocks at main utilities www.sxcoal.com

China's main coal supplying province Inner Mongolia had 11.1 million tonnes of coal in stocks at 77 major power utilities, up 4 million tonnes from a year ago, enough for 17 days' usage, said director with the electricity branch of the region's energy bureau.
Inner Mongolia undertook the task of supplying 45.4 million tonnes of coal in April and supplying 29.5 million tonnes of coal in July to other provinces.
About 800 million tonnes of coal were dispatched during first eight months in the region, with daily figure at 3.3 million tonnes, rising 21% from a year ago.
Inner Mongolia's power transmission to other areas totaled 146.7 TWh over January-August, rising 9.8% from a year ago.
Inner Mongolia has also became the first province that generated over 100 TWh of power from new energy in China, with total production reaching 65.5 TWh during the first half of this year, up 21.2% on the year.
(Writing by Rebecca Liu Editing by Tammy Yang)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.
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Official visit of Speaker of Canadian Senate starts www.montsame.mn

At the invitation of Chairman of the State Great Khural G.Zandanshatar, Speaker of the Senate of Canada George J. Furey is paying an official visit to Mongolia on October 9-13.
Following the welcoming ceremony at the central square today, Chairman of the State Great Khural G.Zandanshatar and Speaker of the Senate of Canada George J. Furey paid their respect to the Statue of Chinggis Khaan. Then, Mr. George J. Furey signed the Book of Honored Guests at the State House.
After holding bilateral talks today with the Mongolian Speaker on the further expansion of Mongolia-Canada relations and cooperation, Speaker George J. Furey will pay a courtesy call on the Mongolian President and hold meetings with the Prime Minister and some Cabinet members.
The Canadian Speaker will also become acquainted with the operation of Oyu Tolgoi and visit a nomadic family.
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Mongolia, EU hold second political dialogue in Brussels www.montsame.mn

The second Political dialogue between Mongolia and the European Union was held on October 7in Brussels.
The dialogue was co-chaired by Deputy Minister of Foreign Affairs B.Munkhjin and Deputy Secretary General for Political Affairs of the European External Action Services Enrique Mora.
During the dialogue, the parties expressed their views on regional and international issues of mutual interest and discussed the issues relating to current global challenges such as climate change and the energy crisis.
The Political dialogue is an important mechanism for the effective implementation of the “Partnership and Cooperation Agreement between Mongolia and the European Union, and the parties agreed to hold the next dialogue in 2023 in Ulaanbaatar.
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IMA Establishes Footprint in Mongolia with FinSight Academy www.news.mn

IMA (Institute of Management Accountants), one of the largest and most respected associations focused exclusively on the advancement of the management accounting profession, is proud to announce FinSight Academy as an IMA Silver Approved Review Course Provider (ARCP) in Mongolia.
FinSight Academy was established as part of the FinSight Corporation and is a leading training organization in Mongolia. The organization’s key objectives are to provide prestigious certifications, exclusive education, and best practices in financial management and accounting for businesses and individuals in Mongolia.
“IMA is proud to appoint FinSight Academy as an Approved Review Course Provider in Mongolia. Today’s business world is rapidly evolving and there is an expanded role for accounting & finance professionals,” said Josh Heniro, Ph.D., senior director, Southeast Asia & Australasia at IMA. “This partnership signifies IMA’s continued commitment to advancing the management accounting profession in Mongolia, supporting individuals with the opportunity to upskill and reskill to succeed in today’s competitive business environment as they progress through their careers.”
There is a strong demand for a competitive workforce with international qualifications, experience and strategic skills, which have been always considered the biggest obstacle for organizations in Mongolia. FinSight Academy will impact this challenging environment by providing training for the U.S. CMA (Certified Management Accountant) and becoming the gateway for future U.S. CMAs. Earning this certification will bring crucial value to the domestic and global market.
“For the first time in Mongolia, we are filling the gaps, discovering the possibilities for management accountants and their academic development. In this collaboration, we are solving these issues and improving professional capability within the country. This opportunity will support the financial and accounting sector to meet international standards and best practices, and address capacity enhancement in Mongolia,” said Naranzul Ganzorig, executive director of FinSight Academy. “We chose to partner with IMA because the U.S. CMA is a globally respected professional qualification with a focus on management accounting.”
Professionals that earn a U.S. CMA pass a rigorous two-part exam that covers the mastery of 12 core practice areas. U.S. CMAs bring financial planning, control, and decision support to their workplaces, and help organizations close the skills gap and gain a competitive edge in the market. To date, more than 100,000 U.S. CMAs in over 100 countries have been awarded. Click on the link to find out more about the U.S. CMA.
 
 
 
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Mongolian government instituted a livestock tax www.news.mn

Livestock accounts for more than 10% of the national gross domestic product and the industry employs 23% of the labor force. Animal numbers exploded in Mongolia in the wake of economic liberalization in the 1990s. When the country was under Soviet control, they were limited to around 25 million. Today that number has nearly tripled, to about 70 million.
Livestock numbers are so high that there is just no opportunity for the land to rest. According to a 2014 report by the Asian Development Bank, peak pasture growth is 75% of what it was 40 years ago and there are fewer highly nutritious plants. These changes affect livestock quality.
Between 1980 and 2000, for example, the average weight of sheep decreased by 4 kilograms (8 pounds), goats by 2 kilograms (4 pounds) and cattle by 10 kilograms (22 pounds). This, in turn, affects herders’ livelihoods, leading them to increase herd sizes to maintain their income and creating a vicious cycle of overgrazing.
Now, as of 2021, the Mongolian government has instituted a livestock tax of up to 2,000 togrogs (62 cents) per animal — with at least 80% of the collected revenue to be used for pasture maintenance.
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Mongolians can apply for admission to US Military Academies www.news.mn

Mongolia has been selected by the U.S. Departments of Defense and State to nominate candidates to compete for admission to the United States Military Academy, the United States Naval Academy, and to the United States Air Force Academy classes of 2027, which enter in either June or July 2023. The following requirements must be met:
Age: Candidates must be at least seventeen and not yet twenty-three years of age on 1 July of the year of admission.
Marital Status: A candidate must not be married, pregnant, or have a legal obligation to support a child for children.
General Academic Qualification: All academic work done at a level equivalent to a U.S. high school freshman or higher. Most admitted International Candidates are in the top ten (10%) of their secondary school class. A candidate should also have completed the equivalent of high school Mathematics in Algebra, Plane Geometry, and Trigonometry.
Standard Academic Qualification: All Candidates must complete either the Scholastic Aptitude Test (SAT) or the American College Test (ACT) by December 2022 in order to meet the cutoff for admissions. The essay portion of the SAT is required for candidates seeking entrance to West Point. Candidates interested in West Point should send their test scores directly to West Point utilizing the ACT Code or SAT Code on the registration form, 2924 for SAT and 2976 for ACT. The code for reporting ACT scores to the Naval Academy is 1742; the code for reporting SAT scores is 5809. The code for reporting ACT scores to the Air Force Academy is 0530; the code for reporting SAT scores is 4830.
Test of English as a Foreign Language: All candidates must submit the results of the Test of English as a Foreign Language (TOEFL) as part of their application. For Candidates interested in West Point, a copy of the TOEFL score must be submitted to the Military Academy utilizing the West Point Code 2924. Scores should be forwarded to the Naval Academy using code 5809. The mean TOEFL score for International Cadets admitted to the Military Academy this year was 98 out of 120.
Leadership: The purpose and mission of United States Service Academies is to educate and train young men and women to be “leaders of character.” It is imperative that international candidates seeking admission to any of the Academies exemplify strong leadership potential through:
Active participation in extracurricular activities;
Accomplished performance in varsity and/or intramural/community athletics;
Strong endorsements/recommendations from high school/college faculty members
Physical Aptitude: Physical condition and stamina are vital to successful completion of the Physical Education and Military Programs. Applicants must plan to take a Candidate Fitness Assessment (CFA) administered by the Defense Attaché Office. Failure to attend the Candidate Fitness Assessment (CFA) on the date provided without prior notification given to USDAO Mongolia will result in the applicant not being allowed to move on in the application process. Requirements for the CFA are posted here: https://www.westpoint.edu/.../cadet-fitness-assessment...
Medical Fitness: A statement from a qualified physician stating that the candidate is free from all communicable diseases and has no known medical mental or dental issues that would prevent them from completing the Service Academy curriculum is required. It should be in accordance with a form provided by the Defense Attaché Office of the US Embassy to Mongolia.
Further Instructions:
Interested applicants should email their full name, phone number and email address, date of birth, grade point average (GPA), SAT or ACT score, list of extracurricular activities and sports participation to USDAOMONGOLIA@state.gov by 1 December 2022. Due to current SAT/ACT testing limitations, candidates will be allowed to submit SAT/ACT scores up to 10 December 2022. At this time ALL Service Academies are still requiring either an SAT or ACT score to be allowed to compete.
Please include scanned copies of your GPA, SAT/ACT scores, and TOEFL scores to this email address. The subject line should be your full name and the military academy of your choice (e.g. Battsetseg Bold – United States Military Academy at West Point or Temuujin Bat – United States Naval Academy at Annapolis). Candidates must submit all documents by 1 December, or they will not be allowed to move on in the application process.
The Defense Attaché Office will then invite certain qualified candidates to take the Candidate Fitness Assessment and participate in an oral board with the Defense Attaché Office. Expect these to be conducted in the first two weeks of December in Ulaanbaatar. Candidates applying from outside of Mongolia should state where they are and where they will be in December so alternate accommodations can be made.
The Defense Attaché Office will select the top three-six candidates who will then apply directly to the academies. This application will require sending test scores to the academies as well as essays and recommendations.
Candidates are competing against international students across the world for approximately 15 slots per school. Selection by the Defense Attaché Office does not guarantee admission.
Tentative Timeline of Events:
Packets due to USDAO Mongolia Team – 1 December 2022
Interviews will take place – 6-8 December 2022
Cadet Fitness Assessment – 11 December 2022
Nomination Packets will be submitted to Academies – NLT 16 December 2022
English fluency is required for these schools and all communications must be in English. Any questions should be sent to the email USDAO Mongolia email address: USDAOMONGOLIA@state.gov.
 
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Filipino-American sworn in as US ambassador to Mongolia www.news.mn

Filipino- American Richard Buangan has taken his oath as the US ambassador to Mongolia, the US State Department has confirmed.
“I was honored to swear in Richard Buangan as @USAmbMongolia,” tweeted US Deputy Secretary of State Wendy Sherman on Tuesday. “Distinguishing himself through hard work, skilled diplomacy, and positive, collegial relationships, Ambassador Buangan will reinforce our pride as Mongolia’s Third Neighbor.”
US President Joe Biden appointed Buangan as ambassador to Mongolia last April.
Based on his State Department profile, Buangan joined the US Department of State in 1999 and was assigned to Israel, China, France and the Ivory Coast. He also served as an executive assistant to then Secretary of State Mike Pompeo and more recently as the acting assistant secretary to the Bureau of Global Public Affairs from April 4 to June 30.
Born to a Filipino family in San Diego, California, he graduated with a Bachelor of Arts in Political Science and Economics from St. Edward’s University in Austin, Texas, and speaks four languages fluently.
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UN experts on arbitrary detention visits Mongolia www.news.mn

The UN Working Group on Arbitrary Detention arrived in Mongolia for an official visit on 3-14 October 2022, to assess the country’s situation regarding the deprivation of liberty.
The delegation – comprising two members of the Group, Elina Steinerte and Matthew Gillett – will visit Ulaanbaatar as well as other parts of the country. They will meet Government officials, civil society groups and other relevant stakeholders during the visit.
The experts will also visit places of deprivation of liberty, including prisons, police stations and institutions for children, migrants and people with psychosocial disabilities, to gather information for their assessment.
The Working Group will share their preliminary observations at a press conference on 14 October 2022, at 12:00 local time, at the Conference Room of the UN House building, in United Nations Street 14, Ulaanbaatar, Mongolia. Access will be strictly limited to journalists.
The Working Group will present its final report on the visit to the Human Rights Council in September 2023.
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Rio Tinto Mongolia partners to create green space in the National Amusement Park of Ulaanbaatar City www.riotinto.com

Rio Tinto Mongolia has today signed a Memorandum of Understanding with the Mayor’s Office of Ulaanbaatar City and National Amusement Park LLC to undertake a restoration project in the National Amusement Park.
Under the partnership, Rio Tinto Mongolia will restore 10 hectares of land, between the Children’s Palace and the Sun Road, located in the western section of the National Amusement Park. The project will create a new green space, with additional facilities for people to enjoy recreational activities in a safe, clean environment.
National Amusement Park LLC will ensure free transfer of the land to public ownership and carry out commercial redevelopment on the adjacent six hectares of land, ensuring alignment with the overall concept and design of the park.
Rio Tinto Mongolia Executive Director Kh.Amarjargal said: “This green development project will create a new, vibrant and sustainable public space, which supports recreation, community cohesion and social connection across the city. Rio Tinto Mongolia will take on the overall project management responsibilities and work together to deliver this transformational public-private partnership. The project underscores our commitment to contributing to society and sustainable development in Mongolia.”
Governor of the Capital City and Mayor of Ulaanbaatar D.Sumiyabazar said: "A key objective set out in the Vision 2050 policy document ratified by the Parliament is around green economy and ensuring sustainability and digital transformation in developing Ulaanbaatar and other urban areas. Within this framework, we are working on a range of initiatives to increase the green space in the city and enable a more pleasant environment for the public. We are excited to be working with Rio Tinto to restore the land in the National Amusement Park into a recreational space for everyone to enjoy. I would like to thank Rio Tinto for their contributions and support in improving the quality of life for people and enhance community engagement in the city. Going forward Ulaanbaatar must achieve global benchmarks in terms of green space, which is important to supporting the physical and mental wellbeing of people.”
During the implementation phase, the project will seek to maximise community engagement and engage national companies to undertake the construction work.
The project is expected to run for four years, with the construction work taking place in the first year followed by maintenance activities. Rio Tinto Mongolia will oversee the relevant tender processes for the project activities, including design and construction.
The parties will now work together to proceed to next steps of the park restoration project, with an aim to commence construction activities within the first half of 2023.
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How distributor Filmbridge is taking on piracy in Mongolia while moving into production www.screendaily.com

Korean blockbuster Peninsula, Japanese anime Demon Slayer The Movie: Mugen Train and recent Cannes thriller Hunt, directed by and starring Squid Game’s Lee Jung-jae, are among almost 160 titles Filmbridge has released in Mongolia since the distribution company was launched in mid-2019.
“Not a lot of content made it to Mongolia legitimately before. The market was unregulated and infested with pirates,” says Filmbridge co-founder Tsogtbayar ‘Tsogo’ Namsrai. “Our goal is to bring in as much content as possible, giving audiences access to commercial foreign films in a legitimate way.”
Soon after the launch of the company, which is based in Mongolia’s capital Ulaanbaatar with offices in the US and Australia, came lengthy cinema closures due to the pandemic. “We turned Covid to our favour,” says Tsogo. “Cinemas became empty when Hollywood studios withdrew their films. We supported them with titles, helping them stay in business.”
It was during such rare circumstances without big Hollywood competition that Filmbridge mounted its first theatrical release, Korean zombie horror Peninsula, which became a runaway success in Mongolia. The company’s box-office hits now include action thriller Greenland, sci-fi disaster film Moonfall and Russian fantasy feature Upon Magic Roads, as well as Paramount kids titles Sonic The Hedgehog 2 and Clifford The Big Red Dog. It has also re-released classic titles such as The Godfather trilogy and The Lord Of The Rings trilogy.
A strong result was expected for Demon Slayer The Movie, but the pandemic cut short its release after five days. Still, the film was proof of the strong demand for popular Japanese anime among young Mongolians who queued through the night ahead of the film’s opening in the capital’s Imax theatre.
Despite a population of just 3 million people, the Mongolian market is youthful and growing. To better reach these audiences, Filmbridge has hired young marketing staff who are given free rein to promote the films in a way that can speak to their demographic. The company’s social media has been growing fast, with almost 40,000 Facebook followers to date.
Word of mouth
While all its releases come with Mongolian subtitles, Filmbridge has started to dub family animations, such as The Queen’s Corgi and Bigfoot Family, in the local language. “The dubbed animations have helped bring back a lot of families to cinemas,” says Tsogo.
Filmbridge has also gone to great lengths in legalising the market, taking pirates to court and educating the public that piracy is a crime. To make legitimate online viewings readily available, the company is set to launch SVoD streaming platform Filmax in the second half of 2023. It already has nearly 800 titles in its collection, including new films, library titles, documentaries, drama series and Japanese anime series.
The bulk of the collection is Korean content. “We have all the library titles from Contents Panda, K-Movie, Megabox and most of the titles from Lotte and CJ,” says Tsogo. “We also have all the library titles from Voltage Pictures.” In terms of new films, the company also has output deals with Contents Panda, K-Movie, Lotte, Lionsgate, STX Entertainment and Luminescence Film.
The Filmbridge co-founder is pleased the company’s effort has helped put Mongolia on the map as a standalone territory, claiming that “sales agents used to package us with Southeast Asia, but not anymore”. The company has invested in new free-to-air Popcorn TV Mongolia, taking up a 50% stake, and owns a 50% share in Animax Mongolia, a streaming platform that specialises in Japanese anime.
Tsogo has served as a producer on several Mongolian films including Remember Me, The Woman, The Gladiolus and Big Brother, which are represented by his sales company Mongol Films Distribution. He is now determined to initiate projects and fund them through Filmbridge. Its first project, suspense thriller Disorder by debut director B Batdelger, is in post-production for delivery next year, while a further two projects are in development.
“On the production side, our plan is to make five to 10 films a year,” adds Tsogo. “They will be commercial films made on low budgets but with good production values and content that can cross over and travel internationally.”
Filmbridge
Filmbridge
FilmBridge is a Mongolia film distributor. Created in 2019, and starting with Peninsula, they introduced indie cinema in the country, overwhelmed by studios propositions until then. They worked hard to clean the country from privacy, and introduced new marketing techniques towards a young population. They recently launched an OTT service in Mongolia, and their first production just wrapped.
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