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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The Passionate President www.ijf.org

The President of the Mongolian Judo Association is one of the most engaged and animated federation leaders in world judo, known for his vocal and positive support at events, where he is truly behind his team.
This is especially admirable when we consider that he is also the former President of Mongolia itself, only completing his term earlier this year. He is a man photographed with world political leaders but arrives on the World Judo Tour with only humility, positivity and sporting values in his hand.
H.E. President Battulga is in Abu Dhabi not just in support of the delegation present but also to sign the contract, with IJF President Mr Marius Vizer, to place Mongolia back on the IJF calendar. June 2022 will see Ulaanbaatar play host to the elite of the judo world at a grand slam which is now scheduled annually for the next four years.
Dr Lisa Allan, IJF Events Director, orchestrated the contract signing in Abu Dhabi on day 3 of the grand slam, “Ladies and gentlemen, good afternoon. It is a pleasure to invite you to be with us for the signing of the contract for the Mongolia Grand Slam in Ulanbataar. With us today we have the IJF President Mr Vizer and President of the Mongolian Judo Association H.E. Mr Battulga Khaltmaa.”
Addressing Mr Vizer and Mr Battulga, Dr Allan then invited both parties to complete the signing. It was an efficient moment of understanding, followed immediately by the presentation of the IJF gold medal to Mr Battulga by Mr Vizer. Dr Allan said, “On behalf of the International Judo Federation we would like to present this gold medal in recognition of your dedication and your support of judo, not just in Mongolia but in Asia and worldwide.”
While in Abu Dhabi Mr Battulga took the time to talk about his time in the judo family, speaking candidly about his involvement and his passion for the Mongolian team.
“I’m happy Mongolia has been able to participate in Abu Dhabi, bringing many young judoka, which is hopeful for the future. We organised a grand prix in our capital in 2016 and now we are looking forward to holding a grand slam in Ulaanbaatar from next year. It will be especially positive for the young judoka, to raise their level. With the 2024 Games happening so soon, it brings a lot of possibilities for them to achieve their goals.
As you know the cycle continues for 4 years usually and we are hoping to get medals there, even in this shorter cycle, continuing our tradition of big achievements at this level. The Tokyo Games was one year late due to the pandemic but we were still able to get good results and have been able to continue preparation for the next group, alongside the work that was done towards Tokyo."
Mongolia participated for the first time in 1964, also in Tokyo. With 3 medals now in judo it shows the tradition is being maintained. There is a strong base in the Mongolian wrestling school and this has an impact on the preparation of judoka. The rules of judo have some similarity with our traditional wrestling rules. Also, judo ranking systems allow the best players to come through to fight for the best results and we can really see the fairness.”
Many Mongolians did wrestling from a young age. I did too. In my role I had some advantage with that, to be able to give advice to judoka and really understand the needs of the team.”
When Mr Battulga is present at competitions, his visibility is varied and dynamic, as he moves effortlessly between meetings with federation and government leaders and the athlete tribunes. This commitment to all aspects of his country’s affairs is what makes him stand out.
“This young team and their spirit is very important, especially to help push the judoka to achieve good results early on. Most important is that not everyone can get good results at the biggest level in all sports but in judo, with this team spirit, everybody in our team can achieve their potential, with good psychological preparation as well as the judo training. Judo will help them in their future to be good people. Judo is an important learning tool to help them pass all the difficulties in life, to take care of themselves and their families, to be good human beings.”
It couldn’t be put any more clearly than that. Mr Battulga is an exponent of the judo values and that is obvious to everyone around him. The IJF gold medal is recognition of that and we look forward to seeing him and his team in Ulaanbaatar in 2022 and in Paris in 2024.
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StarChase to Distribute BASF’s Refinish Paints in Mongolia www.coatingsworld.com

StarChase Motorsports Mongolia LLC, a wholly-owned subsidiary of Wearnes-StarChase Group, will become the authorized importer of BASF's Coatings solutions.
BASF has recently signed an agreement with StarChase Motorsports Mongolia LLC, the wholly-owned subsidiary of Wearnes-StarChase Group in Mongolia. Under the agreement, StarChase will be the authorized importer of Glasurit, the refinish paint brand of BASF, in Mongolia.
Reaching Body Shop Customers in Mongolia
"We are pleased to be able to build upon our partnership with StarChase and extend our presence to Mongolia for the first time," said Patrick Zhao, senior vice president, BASF Coatings Solutions, Asia Pacific.
"This new agreement will allow BASF to reach StarChase’s body shop customers in Mongolia and offer them the same professionalism, efficiency and sustainability that we’ve been delivering across its network in Greater China."
"BASF is already an important business partner for the Wearnes-StarChase Group across all our operations in Greater China. We have jointly and successfully piloted the Glasurit 100 Line in our Porsche centers in China, and we are enjoying the benefits of a strong marketing cooperation in motorsport."
"We are proud that BASF now entrusts us with the importer responsibility for the Mongolian market as well, strengthening our partnership even further," said Robby Niermann, chief executive officer Greater China, StarChase Motorsports Trading (Shanghai) Limited."
Mongolia’s economic growth is expected to rebound to 4.6% in 2021 and hit 6.0% in 2022 as concerns over COVID-19 ease, export-related transportation and logistics issues are resolved and domestic demand rises.
"The country's fast urbanization and modernization have led to a greater demand for cars and automobile-related services," said Craig Wright, managing director, StarChase Group Mongolia. "It is important that StarChase remains at the forefront of being able to offer our customers the innovative products and services that BASF provides to us."
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Succeeded in stratospheric balloon launch experiment with Chiba Institute of Technology, Mongolia Institute of Technology www.univ-journal.jp

The Chiba Institute of Technology Planetary Exploration Research Center, in collaboration with the Institute of Space Life and Space Economy and the Mongolian Institute of Technology, conducted a successful stratospheric balloon launch in Mongolia as a preliminary experiment for cosmic dust collection.
 The experiment was conducted on the early morning of June 6 in the plains on the outskirts of Arvaikheer, Ovörkhangai Province, located about 10 km southwest of Ulaanbaatar, the capital of Mongolia.The balloon ascended to the stratosphere, burst at an altitude of 400 km higher than planned, and landed at a point about 40 km southeast of the launch point.As a result of the analysis, we also succeeded in measuring the absolute pressure of 70 hPa or less in the stratosphere.
 This experiment was conducted for the first time in collaboration with the Mongolian Institute of Technology, which signed an inter-university exchange agreement in March 2016.It is said that the experiment was closely coordinated with related organizations and paved the way for a permanent stratospheric balloon launch experiment in Mongolia, which had been difficult until now.Based on this result, we will continue to carry out continuous and frequent stratospheric balloon launch experiments in collaboration with related organizations in Mongolia and Mongolian Institute of Technology, and challenge to unravel the mystery of cosmic dust.
 As of June 2016, Chiba Institute of Technology has signed inter-university exchange agreements with 6 universities in 16 countries and regions, including the Faculty of Engineering of Pennsylvania State University in the United States and the Faculty of Science and Engineering of the University of Toronto in Canada, in addition to the Mongolian Institute of Technology. We are promoting exchange studies and academic exchanges.
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Golomt Bank receives “COVID Response Innovation” award from “Infosys Finacle Innovation Awards www.golombank.com

Infosys Finacle, a world leader in the supply and service of artificial intelligence and software, organizes the “Infosys Finacle Innovation Awards-2021” annually. Golomt Bank won the “COVID Response Innovation” category for SocialPay digital wallet and Robotic Process Automation (RPA) systems. Banks and financial institutions from 50 countries competed for the seventh annual event and Golomt Bank has been named for the third year.
Golomt Bank introduced “SocialPay” digital wallet in 2017 and it is widely used in the banking and financial sector and has become one of the leading Fintech applications in Mongolia. We have strengthened our position as a leader in the Mongolian banking and financial sector, especially the digital banking sector, by focusing on the health and safety of its customers during the pandemic and accelerating the pace of digital transition. Golomt Bank has been named the “Best Digital Bank of Mongolia” for the third consecutive year by the Global Finance, an internationally renowned magazine.
Given the backdrop of the global pandemic, the category of COVID Response Innovation was newly introduced this year. An expert jury comprising global banking and technology leaders evaluated the nominations based on the performance of banks during the pandemic, the measures taken, the introduction of advanced products and services, its advantages and accessibility. Commenting on the innovations nominated for the awards program, Sanat Rao, Chief Executive Officer and Global Head, Infosys Finacle said, “The nominees and winners in the Infosys Finacle Innovation Awards-2021 clearly display efforts in this direction, creating some of the most impactful technology-led banking innovations around the world. The scale and variety of nominations this year indicate the sustained investment and focus on innovation by banks worldwide”.
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Mongolian nationals arriving from abroad to be put in 10-day mandatory isolation www.montsame.mn

In connection with the new Omicron variant of COVID-19 detected in South Africa, Mongolia will not allow the entry of foreign nationals arriving from countries that have cases of the new COVID-19 variant as well as those transiting through the countries.
As for Mongolian nationals who travelled through countries that have detected such cases, the State Emergency Commission has decided to have the citizens put in a 10-day mandatory isolation.
As of November 27, the Omicron variant has been detected in South Africa, Zimbabwe, Botswana, Namibia, Lesotho, Eswatini, Mozambique, Malawi, Belgium, Israel, and Hong Kong. Thus, in connection with the classification of the new COVID-19 variant as a ‘Variant of Concern’, Head of the State Emergency Commission, Deputy Prime Minister S.Amarsaikhan announced the decisions that were made at the commission meeting, with the input of medical experts.
The Commission made the decision to put the Mongolian peacekeepers arriving from South Sudan in a 10-day mandatory isolation although the country has yet to detect a case of the new variant. Furthermore, at certain locations such as the airport, autoroad checkpoints, and border areas, COVID-19 tests will also be carried out on passengers as well as staff.
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UN rights expert to assess violence against women www.ohchr.org

GENEVA (25 November 2021) ̶ The UN Special Rapporteur on violence against women, Reem Alsalem, will visit Mongolia from 29 November to 8 December 2021.
“During my visit, I will review the implementation of international commitments and the legal, institutional and policy frameworks put in place to prevent and eliminate violence against women,” Alsalem said.
She will also examine the response to specific manifestations of violence against women, such as trafficking of women and girls, violence against refugee and migrant women, women and girls at risk of statelessness, and femicide.
“I look forward to a productive and substantial discussion with State officials at the national and local levels, civil society actors and others on the progress made for protecting women and girls from gender-based violence as well as the outstanding challenges in that regard,” she said.
“Of course I will also make sure to meet with women and girls who should be at the centre of all these efforts,” she added
During the 10-day visit, the Special Rapporteur will visit women’s shelters, one-stop service centres and a women’s detention centre, and will meet survivors of violence. In addition to the capital, Ulaanbaatar, the expert will visit Dalanzadgad in Ömnögovi province.
The Special Rapporteur will hold a news conference to share the preliminary findings of her visit at 12:00 local time on Wednesday, 8 December in Ulaanbaatar at the UN House Auditorium. Access will be limited to the media and in accordance with local regulations on COVID-19. Attendants must register by 5 December via this link:
Alsalem will present her final report to the UN Human Rights Council in June 2022.
Ms. Reem Alsalem (Jordan) was appointed as Special Rapporteur on violence against women, its causes and consequences by the UN Human Rights Council in July 2021, to recommend measures, ways and means, at the national, regional and international levels, to eliminate violence against women and its causes, and to remedy its consequences. She is an independent consultant on gender issues, the rights of refugees and migrants, transitional justice and humanitarian response. She holds a Masters in International Relations from the American University in Cairo, Egypt (2001) and a Masters in Human Rights Law from the University of Oxford, United Kingdom of Great Britain and Northern Ireland (2003).
The Special Rapporteurs are part of what is known as the Special Procedures of the Human Rights Council. Special Procedures, the largest body of independent experts in the UN Human Rights system, is the general name of the Council’s independent fact-finding and monitoring mechanisms that address either specific country situations or thematic issues in all parts of the world. Special Procedures’ experts work on a voluntary basis; they are not UN staff and do not receive a salary for their work. They are independent from any government or organization and serve in their individual capacity.
For inquiries and media requests, please contact: Renata Preturlan (+41 22 928 92 54 / renata.preturlan@un.org)
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Italian company selected for hydrogen plant to be built at oil refinery www.montsame.mn

The hydrogen plant for Mongolia’s first oil refinery will be equipped with technology licensed by KT - Kinetics Technology of Italy.
Licensors of processing technology necessary for the oil refinery have begun to be selected. As several of the processes at the refinery will require hydrogen, the technology will be important in running its operations.
As a result of the two-year-long process to select licensors and conduct negotiations, it was decided to use the technology licensed by the Italian company, KT - Kinetics Technology. With branches in over 30 countries, the company owns licenses for many types of technology, and is a representative of the large-scale companies running operations in the global market for oil and gas, reports Mongol Refinery State Owned LLC.
The oil refinery will consist of 12 main facilities, including seven facilities for processing oil. As of currently, agreements are being established with the selected licensor companies for visbreaking and separating sulfur alongside the hydrogen plant.
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Mongolia’s foreign trade volume increased by 26.3 percent www.news.mn

Mongolia’s top export destination during the period between January and October, 2021 was China, accounting for close to 86 percent of its total exports. China also accounted for 39.7 percent of Mongolia’s total imports, thus becoming the biggest import supplier for the country during the same period, as per the Mongolian National Statistics Office.
The statistical agency also said that Mongolia’s foreign trade volume touched USD 13.2 billion between January and October, recording a 26.3 percent increase compared to the same period in 2020.
Mongolia traded with 151 nations during the first 10 months of this year.
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Relocation of Municipal offices of Ulaanbaatar city cost MNT 1.5 billion www.news.mn

Before end of December, 2021, the Ulaanbaatar municipal organisation offices are to move to the New Yarmag Centre in the Khan-Uul District of the capital, said Major D.Sumiyabazar. The citizens council of representatives of Ulaanbaatar city approved MNT 1.5 billion for relocating the offices on 7 October.
Consisting of three blocks, the new office complex is covered 68 thousand square meters and the constriction cost was MNT 97 billion. According to the master plan, the Ulaanbaatar City Mayor’s office, the City Administration and Citizens’ Representative Council office will reside in the 10 story ‘A’ block, the sub-agencies of the UB City Administration in the 13 story ‘B’ block, and reception, a sports centre and all ‘one-window’ services in the three story ‘C’ block.
The municipal organisations provide 332 kinds of government services to an average 5700 individuals and enterprises every day. The decision to move the administration buildings out of the centre, was largely determined by the traffic congestion caused; it is estimated that nearly 200,000 cars need to enter Ulaanbaatar city centre daily causing traffic jams.
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EBRD supports largest producer of soft drinks in Mongolia www.ebrd.com

The European Bank for Reconstruction and Development is supporting MCS Coca-Cola, Mongolia’s largest producer of soft drinks, by providing fresh funds required for the completion of its long-term investment programme to meet growing demand.
A senior loan of up to US$ 15 million to MCS Coca-Cola will help to finalise the construction of a new PET bottling plant.
The funds will be used to install a modern and resource-efficient bottling line and to build an energy-efficient warehouse. Both the bottling line and the warehouse will comply with international occupational health and safety, food safety and environmental standards.
In addition, the new bottling line and warehouse will improve MCS Coca Cola’s distribution of food and beverages in rural areas and increase their shelf life.
To date, the EBRD has invested more than US$ 1.87 billion in Mongolia’s economy through 117 projects.
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