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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International freight to be transported by drivers with trucks that meet Euro standards www.montsame.mn

Headed by Deputy Prime Minister S.Amarsaikhan, the working group in charge of enhancing the operations of border checkpoints held a virtual meeting on January 13.
During the meeting, members of the working group reported on the progress of works to import freight in containers through the Zamiin-Uud border checkpoint.
As containers began to be delivered to the Regional Logistics Center in Zamiin-Uud from the ‘Zero Point’ established between the borders of Mongolia and China, most of the freight is being transported to Ulaanbaatar city by rail.
Currently, there are about 900 containers ready to be transported from Erlian city of China. If no less than 50 containers are brought into the country each day, it is possible to finish transporting the freight in 18 days, noted the officials.
The Deputy Prime Minister tasked the members of the working group to increase the number of containers currently being imported, carry out the necessary works to begin importing freight through broad-gauge railway, and ensure that the customs process is quickly completed for the goods being imported.
Per the task given by the Deputy Prime Minister, the Ministry of Road and Transport and the National Road Transport Center have completed studying opportunities for Mongolian drivers to transport freight using their own trucks between Russia, Europe, and Central Asian countries through the border checkpoints in the country’s north and western regions. As we exchanged information with corresponding organizations, we reached a solution, reported Minister of Road and Transport L.Khaltar.
“International freight forwarding companies are in charge of transporting freight in Russia, Europe, and Central Asian countries. Thus, we made contact with the National Road Transport Association of Mongolia (NARTAM) and found a certain solution. For transporting freight internationally, it is necessary for trucks to meet the requirements for Euro standards. However, there are only a relatively small percentage of trucks that fulfill these requirements.
As such, NARTAM will make an announcement for registering drivers that are capable of transporting freight internationally. Once drivers are able to meet these requirements, it will become possible for them to increase their income through international freight transportation. Furthermore, as drivers specialized in driving large trucks tend to be in high demand in European countries, we are studying opportunities to have drivers become employed in this area.”
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COVID-19: 2,135 cases, three deaths reported www.montsame.mn

The Ministry of Health reported today, January 18 that 2,135 СOVID-19 infections and three death were recorded in the last 24 hours. In detail, 1,344 cases were reported in Ulaanbaatar city, with 791 cases in 21 provinces.
Today, the cumulative infection tally in Mongolia has increased to 412,677, with the death toll to 2016. Currently, 8,210 people are receiving hospital treatment for COVID-19 whilst 36,229 people with mild symptoms are being treated at home.
As of today, the coverage of 1st dose has reached 69.7 percent (2,268,196), 2nd dose – 66.7 percent (2,168,532) and 3rd dose or a booster shot of COVID-19 vaccines – 30.0percent (975,013) of the total population. In addition, 44,403 people (1.0 percent) have received 4th vaccine dose.
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Licenses no longer required to conduct 74 types of services www.montsame.mn

Calls from citizens seeking inquiries and information related to 74 types of services accounted for 27.5 percent of the calls to the 1800-1200 Call Center of the Capital city.
The Governor of the Capital City and Mayor of Ulaanbaatar’s Decree No. A / 987 of 2021 “On some measures to be taken to create a favorable business environment and reduce corruption and bureaucracy” entered into force starting from January 1, 2022. According to this decree, citizens and business entities are no longer required to obtain any permits or special licenses to conduct 74 types of business activities within the capital city.
The 1800-1200 Call Center provides 24-hour information on public services provided to citizens and legal entities by the capital city’s local administrative organizations, as well as information related to the “COVID-19” pandemic. In recent days, 27.5 percent of the calls to the Call Center have been related to 74 types of services.
Therefore, we would like to highlight information related to the 74 types of trade and services activities allowed in the capital city without any permits or special licenses. Starting from January 1, 2022 citizens and legal entities will be able to operate freely by registering on the “www.ulaanbaatar.mn” website. As of January 11, more than 200 service requests have been registered in the online service registration system. Here are answers to common questions from citizens and business entities.
-How can citizens and companies register themselves in the system?
-Citizens and business entities can go to the “REGISTRATION OF SERVICES” section of the www.ulaanbaatar.mn website to verify their information and gain access through the DAN registry system. After the first step, which is reviewing and accepting the standards, requirements, and the responsibilities, citizens and business entities must enter their identification numbers so that personal information is retrieved from the “KHUR” system. After this step, by entering the service location information and information about whether the document has been submitted before, your request will be registered and a registration page with a QR code will appear. You can start your business activities immediately after registering.
- Do you need any documents to register your request for the 74 types of activities?
-No documents are required from citizens to carry out 74 types of trade and services activities in the capital city. Previously, citizens and business entities engaged in trade, production and services were required to provide 7-12 types of documents (7-8 from government organizations, 3-4 from citizens and business entities) to obtain permits/licenses to operate. This has changed and no documents are required anymore.
However, if the premises are rented to operate trade and service activities, a copy of the rental or lease agreement and real estate certificate must be attached. Documents issued by government organizations will be processed through exchange of information, support, methodological advice, and cooperation between government agencies, without the participation of citizens and business entities.
-How can foreigners register their business?
- It is not possible for foreigners to obtain information from the “KHUR” system, so a citizen of Mongolia shall be registered as a trustee in a legal entity to operate.
-There are people who cannot register through the online system. Where can they go?
-Citizens who are unable to register through the online system can get instructions on how to register from the 1800-1200 Call Center or can register their service with the operator of the Service Center of the Capital city.
-Are previous permits required to be extended if the valid period has expired?
-Citizens and business entities operating in the past with permits and special licenses no longer need to renew their permits/licenses to continue operations,
In case of expiration of the certificate issued by the district, citizens and entities can register themselves through the www.ulaanbaatar.mn website to continue their trade/services activities. This registration does not have to be renewed annually.
MEDIA RELATIONS DEPARTMENT OF THE GOVERNOR’S OFFICE OF THE CAPITAL CITY
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Wealth of world's 10 richest men doubled in pandemic, Oxfam says www.bbc.com

The pandemic has made the world's wealthiest far richer but has led to more people living in poverty, according to the charity Oxfam.
Lower incomes for the world's poorest contributed to the death of 21,000 people each day, its report claims.
But the world's 10 richest men have more than doubled their collective fortunes since March 2020, Oxfam said.
Oxfam typically releases a report on global inequality at the start of the World Economic Forum meeting in Davos.
That event usually sees thousands of corporate and political leaders, celebrities, campaigners, economists and journalists gather in the Swiss ski resort for panel discussions, drinks parties and schmoozing.
However for the second year running, the meeting (scheduled for this week) will be online-only after the emergence of the Omicron variant derailed plans to return to an in-person event.
This week's discussions will include the likely future path of the pandemic, vaccine equity and the energy transition.
Danny Sriskandarajah, Oxfam GB's chief executive, said the charity timed the report each year to coincide with Davos to attract the attention of economic, business and political elites.
"This year, what's happening is off the scale," he said. "There's been a new billionaire created almost every day during this pandemic, meanwhile 99% of the world's population are worse off because of lockdowns, lower international trade, less international tourism, and as a result of that, 160 million more people have been pushed into poverty."
"Something is deeply flawed with our economic system," he added.
According to Forbes figures cited by the charity, the world's 10 richest men are: Elon Musk, Jeff Bezos, Bernard Arnault and family, Bill Gates, Larry Ellison, Larry Page, Sergey Brin, Mark Zuckerberg, Steve Ballmer and Warren Buffet.
While collectively their wealth grew from $700bn to $1.5tn, there is significant variation between them, with Mr Musk's fortune growing by more than 1,000%, while Mr Gates' rose by a more modest 30%.
Oxfam's report is based on data from the Forbes Billionaires List and the annual Credit Suisse Global Wealth report, which gives the distribution of global wealth going back to 2000.
The Forbes survey uses the value of an individual's assets, mainly property and land, minus debts, to determine what he or she "owns". The data excludes wages or income.
The methodology has been criticised in the past as it means that a student with high debts, but with high future earning potential, for example, would be considered poor under the criteria used.
Oxfam also says that due to the fact prices have risen during the pandemic, it has adjusted for inflation using the US Consumer Price Index (CPI), which tracks how fast the cost of living has is increasing over time.
Oxfam's report, which was also based on data from the World Bank, said a lack of access to healthcare, hunger, gender-based violence and climate breakdown contributed to one death every four seconds.
It said 160 million more people were living on less than $5.50 (£4.02) a day than would have been without the impact of the Covid pandemic.
The World Bank uses $5.50 a day as a measure of poverty in upper-middle-income countries.
The report also says:
The pandemic is forcing developing countries to slash social spending as national debts rise
Gender equality has been set back, with 13 million fewer women in work now than in 2019 and over 20 million girls at risk of never returning to school
Ethnic minority groups have been hardest hit by Covid, including UK Bangladeshis and the US's black population
"Even during a global crisis our unfair economic systems manage to deliver eye-watering windfalls for the wealthiest but fail to protect the poorest," Mr Sriskandarajah said.
He said political leaders now had an historic opportunity to back bolder economic strategies to "change the deadly course we are on".
That should include more progressive tax regimes, which impose higher levies on capital and wealth, with the revenue spent on "quality universal healthcare and social protection for all" Mr Sriskandarajah said.
Oxfam is also calling for the intellectual property rights on Covid-19 vaccines to be waived to enable wider production and faster distribution.
Earlier this month the president of the World Bank, David Malpass, voiced his concerns over widening global inequality, arguing the impact of inflation and measures to tackle it were likely to cause more damage to poorer countries.
"The outlook for the weaker countries is still to fall further and further behind," he said.
 
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Mongolia’s population increases to 3.4 million www.montsame.mn

At the end of the previous year., the population of Mongolia totaled 3.4 million, increased by 56.2 thousand or 1.6 percent compared to 2020, according to the National Statistical Office of Mongolia.
As of the end of 2021, 71166 mothers gave birth, and 73866 children were born, decreased by 4528 (2.3%) and 4080 (5.2%) respectively, compared to 2020.
The death toll totaled 20002, increased by 4012 or 25.1 percent compared to the previous year.
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Total sales of stocks increased by 10.6 percent last December www.montsame.mn

Today, the National Statistics Office of Mongolia introduced socioeconomic situation for December, 2021.
According to the NSO, 691.5 million pieces of securities worth MNT 1.2 trillion were traded at the national stock market in 2021, increased by MNT 1.1 trillion (21.7 times more) and 338.3 million pieces of securities (95.8 percent) compared to the same period of the previous year.
In December 2021, total sales of stocks reached MNT 31.8 billion, increased by MNT 3.1 billion (10.6 percent) from the previous month. The number of pieces of traded securities reached 12.5 million, decreased by 125.5 million pieces (90.9 percent) from the previous month.
In December 2021, the average of indices of the top 20 financial markets was 41668.8 units, increased by 2289.4 units from the previous month and increased by 23542.7 units from the same period of 2020.
In December 2021, the total value of joint-stock companies operating at stock markets reached MNT 6.0 trillion, increased by MNT 737.0 billion (14.1 percent) from the previous month, and increased by MNT 3.0 trillion (97.5 percent) from the same period of the previous year
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Officials of Ministry of Environment and Tourism dismissed www.montsame.mn

At an irregular meeting of the Cabinet today on January 17, certain measures were taken against officials that were deemed to have an irresponsible approach to their respective duties.
Minister of Environment and Tourism N.Urtnasan, Deputy Minister Ts.Batbayar, and the minister’s State Secretary D.Ganbold have been dismissed.
Furthermore, Governor of the Capital City and Mayor of Ulaanbaatar D.Sumiyabazar has been tasked to take appropriate measures to have capital city officials and specialists in charge of air and environment pollution held responsible. Minister of Food, Agriculture, and Light Industry Z.Mendsaikhan will be temporarily in charge of the activities of the Ministry of Environment and Tourism.
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31 year-old Mongolian judoka retires and continues in MMA www.news.mn

Mongolia’s judo lightweight M.Urantsetseg announced her retirement in judo and will be focusing on a career in Mixed Martial Arts. 31 year-old judoka became World Champion 2013 in Rio de Janeiro. M.Urantsetseg competed three times at the Olympic Games in 2012 when she finished seventh, in Rio 2016 when she just missed out on the medal and last year in Tokyo where she secured the bronze medal for het country Mongolia.
In 2017, M.Urantsetseg became World silver medallist in 2017 in Budapest and she claimed the bronze in 2019 in Tokyo and 2021 in Budapest. The Mongolian lightweight won the Masters four times in a row (2013-2017) and won the gold at the the Grand Slam in Paris. Also she captured gold at the Grand Slam in Tokyo. In total she claimed 46 World Cup medals including 40 in the IJF World Tour which makes M.Urantsetseg all time top scorer.
In her last year she won the Grand Slams in Tashkent and Tbilisi and took bronze at the World Championships and Olympic Games, in fact one of her best years. She fought more than 300 international contests and we saw her debut at the Junior worlds in Bangkok in 2008.
She fought many matches against Asian opponents such as Jeon Bo-Kyeong (KOR) and her former teammate G.Otgontsetseg who fights for Kazakhstan now. Also she fought with many Japanese opponents such as Haruna Asami, Funa Tonaki and Ami Kondo.
At the Olympic Games she won her last contest in judo against Catarina Costa after a career of 16 years. She promised to take the UFC belt soon. In 2010, she was Sambo World Champion.
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Mongolia reports 1,676 new daily cases of coronavirus www.akipress.com

Mongolia reported 1,676 new daily cases of coronavirus infection, the Ministry of Health said on Monday.
1,083 were confirmed in Ulaanbaatar, 590 cases in regions.
The total number of cases has increased to 410,542.
1 death linked to the coronavirus was recorded per day bringing the COVID-19 death toll to 2,013.
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Mongolia’s Ambassador to Austria signs export credit agreement www.montsame.mn

Mr. Tsengeg Mijiddorj, Ambassador of Mongolia to the Republic of Austria and Ms. Mary-Ann Hayes, Head of Structures Trade and Export Finance, UniCredit Bank as well as Mr. Georg Karner, Director for Structured Trade and Export Finance, UniCredit Bank, signed the Export Credit Agreement for the ‘Upgrading of Medical Equipment at the National Cancer Center; Cancer Navigation and Stereotactic Radiotherapy Center Project’ with a value of 7 million Euros on January 13, 2022 in Vienna.
The project will be implemented within the framework of the Financial Cooperation Agreement signed between the Government of Mongolia and the Government of the Republic of Austria.
The project will be implemented by Austrian company VAMED and will establish a neuro-oncology center of navigation surgery and stereotactic treatment at the National Cancer Center in order to provide comprehensive, modern diagnostic and treatment for patients with brain and spinal tumor and to develop brain cancer care services in Mongolia to international level.
Source: Embassy of Mongolia in Vienna
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