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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Prominent anti-China activist arrested in Mongolia www.rfi.fr

Ulaanbaatar (AFP) – A prominent anti-China activist has been arrested in Mongolia, part of what campaigners have said is a wider effort to "clean up" Beijing's critics in the country.
Landlocked Mongolia is dependent on mineral exports to its giant neighbours, Russia and China, but there have also been protests in the capital Ulaanbaatar over Beijing's language policy in Inner Mongolia.
Critics of the policy in the Chinese border region -- home to an estimated 4.5 million ethnic Mongolians -- say it mirrors moves in other areas such as Xinjiang and Tibet to assimilate local minorities into the dominant Han culture and eradicate minority languages.
Munkhbayar Chuluundorj was arrested Friday in Ulaanbaatar on suspicion of "receiving instructions and funds from a foreign intelligence group", the country's spy agency said.
The General Intelligence Agency (GIA) said he had "engaged in illegal cooperation activities" but gave no more details.
Campaigners said they suspected Munkhbayar's comments on China had brought him under official scrutiny.
In Facebook posts, he recently called for the Mongolian prime minister to resign over his close relationship with Beijing, saying "our nation's independence will be lost and all citizens of Mongolia will become slaves of China".
Footage of the arrest published by Mongolian outlet Eguur News showed a man being led away by armed police down a shop-lined road.
Visits from relatives are being denied and a closed-door trial is being held, the Southern Mongolian Human Rights Information Centre, an overseas NGO that advocates for ethnic Mongols, quoted his brother Munkh-erdene as saying.
The NGO said Munkhbayar is "one of the most vocal critics of the Mongolian government's cosy relationship with China".
Munkhbayar has "defended Inner Mongolian human rights, culture, history and land rights", according to Baljinima Bai, a language rights advocate originally from Inner Mongolia.
"Mongolia has started to 'clean up' these people... who oppose China," he told AFP.
Bai said he had also been summoned for questioning by the GIA in relation to Munkhbayar's case.
Inner Mongolian activists in Mongolia say they have faced threats and intimidation from authorities after a widespread protest movement against Chinese-language curriculum reforms across the border was met with a harsh police crackdown.
Activists also say China has pressured Mongolia to deport Inner Mongolian political refugees back to the country.
© 2022 AFP
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Hunnu Air to hold direct flights between Mongolia and Kyrgyzstan www.news.mn

Minister of Transport and Communications of Kyrgyzstan Erkinbek Osoev met in Bishkek with Ambassador of Mongolia to the Kyrgyz Republic S.Ganhuyag.
During the talks, the sides discussed topical issues of bilateral cooperation in the field of road and air transport. In particular, the sides came to an understanding on the need to build up bilateral cooperation, which should be actively promoted, developed and strengthened on mutually beneficial terms.
During the meeting, it was also said that in order to intensify trade and economic cooperation and increase bilateral trade, it is very important to develop transport links, including the opening of direct flights between Kyrgyzstan and Mongolia. This will be facilitated by the opening of a regular flight on the route Ulaanbaatar-Bishkek-Ulaanbaatar from March 6, 2022 by the Mongolian airline “Hunnu Air”, with a frequency of once a week.
As a result of the talks, an agreement was also reached to hold the next 4th meeting of the Kyrgyz-Mongolian intergovernmental Commission on trade, economic, scientific, technical and cultural cooperation in the near future in the city of Ulaanbaatar
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Mongolian team takes first place at World Memory Championships www.montsame.mn

Memory athletes aged between 10 and 24 of the Mongolian Intellectual Academy took part in the 30th virtual World Memory Championships where 366 individuals from 18 countries competed in 10 events.
The competition’s results were announced on February 21, according to which, five memory athletes in Mongolia’s 2021 team have qualified for the International Master title and grand master, 2017 world champion, Guinness record holder N.Munkhshur became world champion for the second time with her overall score.
Moreover, the Mongolian team finished in first place with 21,435 points by winning 33 (10 gold, 12 silver and 11 bronze) of the total 90 medals.
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Asia stocks fall as Ukraine-Russia tensions climb www.bbc.com

Asian stocks slipped on Tuesday on fears that escalating Ukraine-Russia tensions will impede economic recovery.
Japan's Nikkei 225 index fell almost 2%, while the Kospi in South Korea lost 1.4% in early trading.
There are concerns that rising tensions in Eastern Europe will cause oil prices to rise and worsen the supply chain disruptions businesses face.
Russian President Vladimir Putin has recognised Ukraine's breakaway rebel-held regions as independent states.
The self-declared People's Republics of Donetsk and Luhansk are home to Russia-backed rebels who have been fighting Ukrainian forces since 2014.
Russia's move effectively ends peace talks in the region, which has been under a tenuous ceasefire for years.
The jitters among investors come as the global economy is still recovering from the impact of the coronavirus pandemic.
E-mini futures for the S&P 500 retreated 1.5%. That of the Dow Jones index fell 1.3%, while Nasdaq 100 e-mini futures gave up 2.2%.
Europe saw broader losses on Monday with Germany's Dax index and France's Cac 40 closing over 2% lower.
Tina Teng, a market analyst at CMC Markets, said "Risk-off sentiment led the broader market losses as the geopolitical tensions are at a boiling point".
"The three US index futures erased early gains and closed lower, pointing to a lower open in the US stocks on Tuesday," she added.
The risk of war is at the forefront of investors' minds, said Song Seng Wun, a Singapore-based economist at CIMB Private Banking.
He said markets were a "deep sea of red as the Ukraine crisis worsens".
"There are fears that freight and shipping costs that are already at elevated levels will climb higher because of demand-supply disruptions," he told the BBC.
Oil prices climbed above $95 ($70) per barrel on Tuesday. Brent crude, the international benchmark, reached $95.39 in Asian trading.
The West Texas Intermediate contract jumped over 3% to almost $94 a barrel.
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China plans state-backed platform to buy iron ore www.bloomberg.com

China’s latest bid to wrest control of soaring iron ore prices is a plan to make global suppliers negotiate sales to the world’s biggest market through a centralized platform.
Beijing wants all purchases of the steelmaking material conducted through a single state-backed platform that’s under preparation, according to people familiar with the matter. At the moment, Chinese businesses including steel mills can negotiate spot purchases independently.
The plan aims to stabilize the steelmaking ingredient over the long-term, and is part of a broader focus on boosting China’s influence over the price of commodities, the people said. Iron ore’s spot market is relatively small, but prices there determine how much steel mills pay in long-term contracts.
China churns out more than half the world’s steel, and its iron ore imports last year were worth nearly $180 billion. Its steel industry has long complained at the pricing power it says is held by a handful of giant international mining companies. Authorities are also keen to head off inflation as Beijing rolls out stimulus measures in 2022 that could reboot steel demand.
China’s National Development and Reform Commission didn’t immediately respond to a faxed request for comment.
Pushing back
The latest proposals add to a flurry of actions and announcements that last week quashed iron ore’s powerful rally from mid-November. Authorities hosted a series of meetings with traders, culminating in a Thursday gathering where major global commodity firms were asked to draw down stockpiles and cooperate with a probe into possible “illegal” activities.
The cost of iron ore is largely tied to daily spot-market assessments from third-party agencies including S&P Global Platts. Long-term contracts — which cover the vast majority of supplies — are based on averages of the spot price over agreed time periods, such as monthly or quarterly.
High stakes
This regime replaced a system of high-stakes annual price talks, which collapsed in 2010 amid pressure from overseas iron ore miners. In December 2020, with prices also rallying before a round of government stimulus, China’s steel mills said the price mechanism had failed.
Centralized negotiations are by no means unprecedented for China’s purchases. A group of China’s top copper smelters collectively bargains the price for annual supplies of raw materials, for example.
But general problems with such an approach include coordination across a huge number of buyers, and the potential for cargoes to be resold at higher prices. The latter was widespread before the breakdown of annual pricing earlier this century.
Beijing is also encouraging other moves to improve its position in iron ore, the people said. The government wants further mergers and acquisitions among big steelmakers, as well as more domestic output and the purchasing of stakes in mines outside China.
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China approves three coal mines in Shaanxi, Inner Mongolia www.channelnewsasia.com

BEIJING : China's state planner has approved two coal mines Shaanxi province with annual capacity at six million tonnes and five million tonnes each, it said on Monday.
The National Development and Reform Commission has also approved a coal mine in the Inner Mongolia region with capacity at eight million tonnes per year, it said.
The three coal mines involve total investment at 24.12 billion yuan ($3.81 billion), according to the state planner.
($1 = 6.3313 Chinese yuan renminbi)
(Reporting by Min Zhang and Dominique Patton; Editing by Christopher Cushing)
Source: Reuters
 
 
 
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Learning an essential winter skill in Mongolia www.peacecorps.gov

It was a hot summer day, five weeks into my training to become a Peace Corps Volunteer in Mongolia. I was living with my host family in a small northern village. Around us the hills were covered in yellow wildflowers. A few dozen trees dotted the horizon.
My Mongolian language skills were slowly improving, but my vocabulary was still limited. As I walked home from morning language classes, my host mom spotted me and called me towards the family truck. “Ashley! Naasha, naasha!” (come here) was among the first phrases I learned in Mongolia. As I neared, she continued to speak. I managed to catch a few words: “over there,” “fire,” and “learn.”
I still wasn't sure what we were up to as I climbed into the truck with my host mom, brother and sister. We headed toward the hills surrounding town, and the village grew smaller and smaller in the background. I took in the vast deep blue skies and seemingly endless sprawl of uninhabited land. The grazing goats and sheep looked peaceful as we drove by.
We reached the base of a large hill. Nearby, I noticed a fenced-in area with uneven, flattish brown clods, of all shapes and sizes, stacked in the middle. My host mom smiled at me and said, “garl” (fire). I still didn't understand what we were going to do. She pointed at the goats and sheep grazing in the distant fields and then handed me a burlap sack, motioning for me to follow her. To my surprise I watched as she and my little brother and sister started collecting the dried animal droppings from the ground.
It finally clicked. I realized that the brown clods I’d been looking at were stacks of dried animal dung collected to use as fuel. At home in the U.S., I used wood as fuel for camping or fireplaces, but during training in Mongolia, I learned that locals used many types of fuel, and animal dung was very popular in regions without forests.
The four of us fanned out across the field to collect dung in our bags. We stacked chunks on top of the storage piles and loaded pieces of the valuable fuel in the back of the truck to take home. The earthy smell of dried dung filled my nostrils, but it didn’t bother me much. I admired my family’s ingenuity in using the available resources to survive.
Back home, my host mom gave me a lesson in fire-making. I would need this crucial skill to survive Mongolian winters. While I had my share of campfires and bonfires in the U.S., fire starter, logs and lighter fluid were always on hand to get the fire going. In Mongolia wood, coal, dung, and matches are used to make fires for cooking and heating. With no forests nearby, logs were imported from other regions and then villagers cut them into smaller pieces to use as fuel.
My host mom showed me how to place small pieces of wood, paper, bits of trash and dung together in a pile. I lit a match and placed it close to the kindling. The paper around the edges of the pile lit up, but soon died out. Puzzled, I watched my host mom rearrange the kindling. She made a small hollow opening in the pile and told me to try again. I struck another match, and with more oxygen, the blaze was soon crackling. She smiled at me with satisfaction, knowing I would make it through the winter.
Throughout service, I made a fire every day inside my ger (yurt) during the cold months. My wood stove provided warmth and comfort throughout the long, frigid Mongolian winters. Every time I chopped wood, collected dung, or sat next to the warmth of the fire, I was grateful for my fire-starting skill, taught to me by my host mom. To this day, whenever I use my gas stove at home, I’m brought back to the time when I learned to make a fire by hand. Now more than ever, I appreciate the warmth, light and sociability that fire holds for me.
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Japan to start COVID vaccinations for children www.nhk.or.jp

Japan's government will start shipping coronavirus vaccines this week to municipalities and medical facilities, for use by children aged between five and 11.
Vaccinations for that age group will be officially included in the public inoculation program on Monday.
The government plans to deliver a total of about 12 million doses of coronavirus vaccine nationwide through May. Inoculations are expected to begin in some areas as early as this month.
For children in this age group the vaccine will contain one-third of the dose for those aged 12 or above. Children will receive two jabs with a period of three weeks in between.
Unlike people aged 12 or older, children aged five to 11 are not required to try to receive a coronavirus vaccine as there is not yet enough data to verify its effectiveness against the Omicron variant.
Parental consent will also be required for children in the age group to be inoculated. The health ministry is calling on parents to have a thorough discussion with their children, as well as to consult with their home doctors before making a decision.
The ministry urges children with respiratory and other underlying health problems to be vaccinated as they have a higher risk of developing severe COVID symptoms.
The ministry does not recommend mass vaccinations at school. Children will be inoculated at vaccination sites in their municipalities, or at clinics on an individual basis.
There are concerns that some municipalities may find it difficult to secure doctors and staff to support vaccinations for children. The challenge is how to secure a system for children and their parents who wish to receive shots.
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Cheese factories to be established in 18 soums in Khuvsgul www.montsame.mn

Cheese factories will be established in 18 soums of Khuvsgul aimag, one of the aimags having the most livestock.
MNT 4 billion was earmarked in the state budget for 2021 to open cheese factories in eight soums, Galt, Jargalant, Tsagaan-Uul, Renchinlkhumbe, Tsagaan-Uur, Ikh-Uul, Rashaant, and Tosontsengel and Khan Attribute LLC that won the project bid is working to open the factories this year.
In this year’s state budget, MNT 5 billion has been earmarked to build more cheese factories in 10 soums, Alag-Erdene, Arbulag, Burentogtokh, Tumurbulag, Tunel, Tarialan, Ulaan-Uul, Tsetserleg, Shine-Ider, and Erdenebulgan.
The establishment of cheese factories in rural areas will help herders process their milk locally and export the products abroad for increased income, said Ya.Erkhembayar, head of the aimag’s department for food and agriculture.
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EBRD’s Women in Business Programme launched www.montsame.mn

Minister of Labour and Social Protection, head of the programme steering committee A.Ariunzaya took part in the opening ceremony of the European Bank for Reconstruction and Development (EBRD)’s Women in Business Programme (WiB) in Central Asia.
In her opening remarks, the Minister emphasized that the government of Mongolia is working towards an objective to move from welfare to work, announcing that the National Council for Employment is implementing the ‘Women's employment support program’ in 2022.
Minister A.Ariunzaya stressed the significance of implementing WiB that provides effective and equal opportunities to women through funding, consulting, and policy discussions in Mongolia with support from donors.
The programme launch took place during a meeting under the topic "How EBRD can support women-owned businesses". Co-funded by Women Entrepreneurs Finance Initiative and EBRD, WiB aims to support capacity building of women through increased economic opportunities.
EBRD is successfully implementing the programme in Kazakhstan and Tajikistan since 2015 and deems it significant to other Central Asian countries and Mongolia.
The Women in Business Programme in Central Asia plans to reach around 7,000 women-owned small and medium enterprises in Mongolia, Kyrgyzstan, Tajikistan, and Uzbekistan that all face gender- and policy-related issues in finding funding, knowhow and business opportunities.
The programme opening ceremony was attended by U.S. and British Ambassadors, EBRD Managing Director for Central Asia Zsuzsanna Hargitai, Head of EBRD in Mongolia Hannes Takacz, EBRD Managing Director for Financial Institutions Francis Malige, Head of Women Entrepreneurs Finance Initiative Secretariat, and representatives of Mongolia government and non-government organizations, non-bank financial institutions, and companies.
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