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

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“Doing business with Mongolia” seminar and business program May 24-June 01 2022 London UK www.mongolianbusinessdatabase.com

Mongolian Business Database is going to host a Mongolian trade mission to MBCCI's "Doing Business with Mongolia" seminar and business program in London, UK between May 24-June 01. 2022 with support of the British Embassy in UB and Mongolian-British Chamber of Commerce.
The delegates will visit the London Stock Exchange and House of Commons by the special invitation and attend ADMWE's Mongolian European Women's Dinner.
The MBCC is a not-for-profit membership organisation established in 2009 to foster strong business links between Mongolia and the UK. It aims to provide a professional and social environment for business people who wish to be introduced to, and become part of, the British-Mongolian business culture and community.
Please contact at contact@mongolianbusinessdatabase.com or/and 976 99066062 for the registration and related inquiry.
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Roman Abramovich: Sanctions of Chelsea owner by UK government halt club's sale www.bbc.com

Roman Abramovich's attempt to sell Chelsea has been halted after the oligarch was sanctioned by the UK government as part of its response to Russia's invasion of Ukraine.
The Russian put the European champions up for sale after the threat of sanctions was raised in Parliament.
The freezing of Abramovich's assets, which include Chelsea, means the club cannot sell further match tickets.
The move is intended to stop Abramovich making money from Chelsea.
The government has issued a special licence that will allow fixtures to be fulfilled, staff to be paid and existing ticket-holders to attend matches.
Season-ticket holders can still attend games for which they have tickets but the club cannot now sell any more tickets.
The club's merchandise shop will also be shut.
The government is open to considering a further addition to the special licence which will allow the sale of the club.
A condition for that to happen would be that Abramovich receives no funds.
He has previously said that proceeds of the sale would be donated to victims of war.
Culture Secretary Nadine Dorries has said the government is "committed to protecting" the club.
"Football clubs are cultural assets and the bedrock of our communities," she tweeted.
"I know this brings some uncertainty, but the government will work with the league and clubs to keep football being played while ensuring sanctions hit those intended.
"Our priority is to hold those who have enabled the Putin regime to account."
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The spring session of Mongolian parliament to bring political reforms www.news.mn

Mongolian parliament or the State Great Khural will open its spring session on 15 March. This year, the parliament is expected to discuss major bills that is to bring sweeping political changes in Mongolia. For example, U.Khurelsukh, President of Mongolia is expected to present the amendments to the law on political parties and political financing to the parliament.
Last year, spring and autumn sessions of Mongolian parliament were mainly held online due to the coronavirus pandemic.
Under an amendment to the Constitution of Mongolia, parliament needs to hold session of more than 75 days. Therefore, the State Great Khural opened half a month earlier than usual. Previously, spring sessions open on April 1st.
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“Notable” 4.5 magnitude earthquakes shake in western Mongolia www.news.mn

A western Mongolian province of Uvs was affected by two earthquakes on 8 March. According to National Emergence Management Agency, 4.5 magnitude earthquake rattled in Uureg Lake at 09:45 a.m. Soon after another 4.5 magnitude tremor has been recorded approximately 183 km northwest of provincial center of Ulaangom city.
The NEMA also said they had received no reports of damages or injuries and felt “nothing significant.”
Mongolia recorded over 40 thousand earthquakes in 2021.
Compared to 31 earthquakes in 2010, the number of occurrences increased by over 10 times in the last decade.
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Citizens to be involved in comprehensive diagnosis from May 1 www.montsame.mn

On March 8, Prime Minister of Mongolia L.Oyun-Erdene and Minister of Health S.Enkhbold worked at the National Maternal and Child Health Center and the center’s branch in Yarmag area.
During the working visit, the Prime Minister became acquainted with the center’s online registrations as well as its surgical department, delivery and postpartum department, and radiology department. Despite the construction of the hospital launching in 2009, it was put into operation later in 2021 due to financing issues. Alongside offering healthcare assistance and services for mothers and newborns, the medical facility also provided treatment for COVID-19 patients by setting up 1,000 hospital beds.
Currently, there are over 380 doctors and medical specialists working at the hospital. As a result of the special attention put on its operations during the peak of the pandemic, it has officially become the second state-owned hospital to provide healthcare services to mothers and newborns nationwide.
Nine operating rooms equipped with modern equipment have been recently opened. However, due to its distance from the city center, there are certain pressing issues concerning workforce such as lack of accommodation and insufficient kindergartens nearby. In response, the Prime Minister pledged to resolve the issues.
Highlighting how all of the doctors and hospital staff in the healthcare sector played a crucial role in overcoming the pandemic with minimal loss, Prime Minister L.Oyun-Erdene then thanked the hospital staff and wished success.
With investment from the state budget, all beds used for delivery and postpartum have been renewed nationwide. For instance, 100 percent of the 496 beds used at the National Maternal and Child Health Center have been replaced with new beds. Furthermore, MNT 45 billion in financing have been allocated for works such as constructing extension buildings for two polyclinics of the center as well as renovating all buildings that have yet to undergo repairs since 1987.
By upgrading the medical devices and equipment, it has now become possible for the center to provide four types of surgeries and treatment that have been previously unavailable in Mongolia. The delivery rooms are planned to be renovated by the end of this year.
Noting that the Government will be making an investment of a total of MNT 110 billion for the country’s maternal and child healthcare, Prime Minister L.Oyun-Erdene said that special attention would be paid to renovating maternity hospitals nationwide, digitizing their operations, and bringing the hospitals up to global standards. As works to involve all Mongolian citizens in comprehensive diagnosis will be launched nationwide from May 1, he then tasked the sector’s authorities to ensure preparations.
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“Hustai National Park has become the park with most number of takhi horses in the world” www.montsame.mn

On March 8, Minister of Environment and Tourism B.Bat-Erdene held a meeting with representatives of rangers and became acquainted with the operations of Hustai National Park. During the meeting, the Minister expressed his stance on putting no less than 30 percent of the country’s territory under the state’s special protection in aims of preserving wildlife and fauna.
With the most recent additions, 32.7 million hectares of land - 21 percent of the country’s territory, is now under state special protection. Hustai National Park is one of the protected sites.
“Hustai National Park has become the park with the most number of takhi horses in the world, and the highest density of deer and marmot population in Mongolia. As their population was able to grow due to active conservation efforts, we are also currently carrying out works to re-introduce a certain number of the animals in other parts of the country,” said the rangers.
To mention some of the features of Hustai National Park, which was established to reintroduce one of the rarest species in the world:
• Runs operations during all four seasons to introduce foreign and domestic tourists to how the takhi horses were reintroduced and offer opportunities to spot wildlife such as takhi, deers, and wolves,
• Reintroduced over 500 red deer fawns and over 1,000 marmots in other parts of the country since the 2000s. The environmental protection efforts are considered to be on the same level as an investment of about MNT 3 billion.
• Became a member of the International Union for Conservation of Nature (IUCN) in 2007.
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3.3 percent of Mongolia’s adult population get 4th Covid-19 dose www.news.mn

On Thursday (10 March), Mongolia has confirmed 120 new COVID-19 local cases over the past 24 hours, bringing the national tally to 466,423.
Meanwhile, a COVID-19 patient aged over 80 has died in the past day, taking the death toll to 2,177.
Currently, 1,154 COVID-19 patients are being treated at hospitals across the country, while 4290 asymptomatic or patients with mild symptoms are receiving home-based care.
So far, 66.8 percent of the country’s total population of 3.4 million have received two COVID-19 vaccine doses, while more than 1,026,253 have received a third dose.
More than 107,993 Mongolians have received a fourth dose, which the country started to administer on Jan. 7 on a voluntary basis.
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China to boost stakes in Russian companies – media www.rt.com

China is considering acquiring or increasing investments in Russian energy and natural resource companies, Bloomberg reported on Monday, citing sources.
According to the publication, Chinese investors are specifically interested in Russian state energy giant and major gas exporter Gazprom and aluminum producer Rusal.
The Russian authorities are reportedly in talks with state-owned Chinese companies such as China National Petroleum Corp., China Petrochemical Corp., Aluminum Corp. of China, and China Minmetals Corp. regarding investment opportunities in Russian assets, the sources said.
Negotiations are currently in the early stages, but talks have already begun between Chinese and Russian energy companies, they added.
Meanwhile, a number of Western nations have imposed sanctions on Russia over the past two weeks amid its ongoing military operation in Ukraine. In the most recent development, Washington on Wednesday placed a ban on Russian oil and gas imports to the US.
Many foreign companies have been severing ties with Russian producers amid sanctions. Energy majors BP, Shell, Equinor, OMV, and Exxon Mobil announced over the past few days they would be suspending operations in Russia and scrapping contracts with Russian firms. On Tuesday, US planemaker Boeing said it would stop buying Russian titanium used for aircraft production.
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CERAWEEK Rio Tinto working to ensure access to Russian fuel for Mongolia project -exec www.reuters.com

HOUSTON, March 9 (Reuters) - Rio Tinto Ltd (RIO.L)(RIO.AX) is working to maintain steady supplies of fuel and other goods for its Mongolian copper operations from suppliers that buy from Russia and elsewhere, a top executive at the mining giant said on Wednesday.
The Anglo-Australian company is developing Mongolia's Oyu Tolgoi, one of the world's largest known copper and gold deposits. Rio controls about two-third of the project, with Ulanbaatar controlling the rest.
While Rio has begin looking for alternative fuel sources for Oyu Tolgoi, the company does not believe it can stop buying from Russia altogether, Bold Baatar, head of Rio's copper business, said on the sidelines of the CERAWeek energy conference in Houston. Rio has supply agreements for a host of products with Mongolian suppliers, many of whom procure materials from Russia.
"The reality is, Mongolia has two very big powerful neighbors, so it's quite important for us to maintain healthy, peaceful, balanced relationships," Baatar said of his home country.
Mongolia is bordered on the north by Russia and on the south and east by China, leaving Rio few options to secure supplies for the project, which is set to be the world's third-largest copper mine.
Amid Russia's invasion of Ukraine, multiple companies and countries have announced they will stop business in Russia and buying Russian products.
Baatar said it would be "very difficult" for Rio's Mongolian operations to stop all imports from Russia, adding that some supplies come through Russia via Kazakhstan.
"That kind of supply is fine unless the world wants to completely shut the Russian borders, which is not possible," he said.
Rio in January ended a long-running feud with Mongolia's government over control of Oyu Tolgoi. The deal marked a positive development for the company, which is facing major pushback for projects in Serbia, the United States and Guinea.
Baatar appeared on a copper panel at the conference alongside Richard Adkerson, chief executive of Freeport-McMoRan Inc (FCX.N) and Trafigura's (TRAFGF.UL) Julien Rolland.
Baatar told the panel that it was "pretty imperative" for the United States to develop more copper mines to supply copper needed for electric vehicles and renewable energy technologies. Rio is trying to develop the Resolution Copper project in Arizona, but has faced Native American opposition.
Mining companies "should respect the wishes of communities, and many communities don't want to see mining," Baatar said.
When asked what that meant for the Arizona project, Baatar said he believes an agreement can be reached with local Native Americans.
"I completely respect their views of the project and I'm really hopeful we can find a mutual, common solution," he said.
Reporting by Ernest Scheyder Editing by Marguerita Choy
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Concession agreement to be established for Zuunbayan-Khangi railway project www.montsame.mn

At today's Cabinet meeting, the State Procurement Agency was authorized to conclude a concession agreement for the Zuunbayan-Khangi railway project with the project implementing entity.
Minister of Road and Transport Development L.Khaltar was assigned to take immediate measures to resolve the issue of giving licenses related to the implementation of the concession project in accordance with the relevant law and regulations.
Resolution No. 28 of the Government of Mongolia dated January 12, 2022, tasked to conclude a direct contract for the Zuunbayan-Khangi railway project in accordance with the Concession Law.
The basic structure of the Zuunbayan-Khangi railway will start at the Zuunbayan station of the Ulaanbaatar Railway in Zuunbayan bagh, Sainshand soum, Dornogovi aimag, and run to the Hangi port, connecting it to the Chinese port of Mandal.
With the commissioning of the Zuunbayan-Khangi railway, the transportation distance from the Yeruu station of the Ulaanbaatar Railway to the Baotou station in China will be shortened from 1,722 km to 1,404 km by 306 km and the transportation cost of iron ore will be reduced by USD 4-8. In addition to making Mongolia's iron ore competitive with Chinese and Australian iron ore prices, the project is significant to increase exports, imports, and transit freight traffic, create new international railway crossings, and create more than 1,600 jobs.
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