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    

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

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Turkish defense minister talks with Russian, Mongolian counterparts www.aa.com.tr

Turkey's defense minister on Monday spoke separately with his Mongolian and Russian counterparts.
In a phone conversation, Turkey’s Hulusi Akar and Russia’s Sergey Shoygu discussed bilateral and regional defense and security issues, especially the latest situation in Syria, the Turkish Defense Ministry said in a statement.
Separately, Akar also met with Mongolian counterpart Gursed Saikhanbayar in the Turkish capital Ankara.
Akar welcomed Gursed, who is visiting to attend the Turkey-Mongolia Joint Economic Commission Meeting.
After a face-to-face meeting, the two defense chiefs chaired talks between their countries’ delegations.
During the meeting, Akar said that there are strong historical and cultural ties between Turkey and Mongolia.
He also stressed the need for more cooperation in the fields of military education and the defense industry, and the importance of cooperation in the fight against the Fetullah Terrorist Organization (FETO) – the group behind the defeated 2016 coup attempt in Turkey, in which 251 people were killed and 2,734 injured.
Ankara accuses FETO of being behind a long-running campaign to overthrow the state through the infiltration of Turkish institutions, particularly the military, police and judiciary.
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COVID-19: 753 cases, 11 deaths reported www.montsame.mn

November 16, the Ministry of Health reported that 753 СOVID-19 infections and 11 deaths were recorded in the last 24 hours. In detail, 519 cases were reported in Ulaanbaatar city, with 234 cases in 21 provinces.
Today, the cumulative infection tally in Mongolia has increased to 375,285, with the death toll to 1,826. Currently, 9,795 people are receiving hospital treatment for COVID-19 whilst 21,532 people with mild symptoms are being treated at home.
As of November 16, the coverage of 1st dose reached 69.4 percent (2,257,845), 2nd dose – 65.9 percent (2,145,138) and 3rd dose or a booster shot of COVID-19 vaccines – 16.0 percent (513,816) of the total population.
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China property: New home prices see biggest fall since 2015 www.bbc.com

China's property slump has deepened official data showed, with new home prices seeing their biggest month-on-month decline since 2015.
New construction starts in January to October also fell 7.7%, compared to a year earlier.
The country's property market has been shaken in recent months as real estate giant Evergrande struggles to keep up interest payments on its huge debts.
China has also been hit by a new wave of Covid cases and major power cuts.
The 0.2% drop in new home prices in October was the biggest fall seen in China since February 2015.
It also marks the first decline in new home prices +since March 2015.
Sentiment in China's property market, which accounts for about a quarter of the country's economic activity by some measures, has been rocked as major property developers grapple with huge debts.
The Evergrande issue
The industry has come under intense scrutiny as fears continue over the future of companies including real estate giant Evergrande.
Last week, Evergrande, which is saddled with around $300bn (£223bn) of debt, avoided defaulting on overdue interest payments of $148m.
Just days before a 30-day grace period on the payments was set to expire it sold a 5.7% stake in media firm HengTen Networks Group for around $145m.
The previous week Evergrande's car making business sold its UK-based electric motor business Protean for an undisclosed sum.
Other Chinese home builders have also struggled to find the money to make debt repayments.
Shares of developer Fantasia plunged by 50% last week after it said there was no guarantee it would be able to meet its other financial obligations following a missed payment of $205.7m in October.
And earlier this month, trading in shares of Kaisa Group and three of its units was halted in Hong Kong after one of its businesses missed a payment on a wealth management product.
Global impact
The debt crisis faced by Chinese property giants had triggered concerns amongst some international investors that it could have a major impact on global financial markets.
However, in recent weeks a number of high-profile figures have moved to help calm those fears.
On Monday, the governor of the Bank of Japan Haruhiko Kuroda said that he believed that China's property woes were unlikely to trigger a global shock as the amount of money owed to creditors outside the country was relatively low.
"We don't expect China's property woes to have a big impact on Japan's economy or financial institutions. We also don't see a huge risk of the woes triggering a big, global shock," Mr Kuroda told business leaders in the city of Nagoya, central Japan.
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Mongolia plans to clear its 8.94 million coking coal stocks before end-February 2022 www.news.mn

The number of coking coal trucks from Mongolia to China has also risen, improving the supply outlook, Guangzhou-based investment consultancy Founder CIFCO Futures said. In October, the number of trucks hauling coal from Mongolia into China averaged 400 a day, double from September volumes.
Mongolia has emerged as one of the key coal suppliers to China in the absence of Australian coal, with almost no coal trade seen between the two countries since the end of 2020.
Mongolia’s government is also planning to clear its 8.94 million coking coal stocks before end-February 2022, and forecast Mongolian coal trucks to China to rise further in the near term.
The pandemic has disrupted Mongolian coal traffic to China in 2021, with recurring cases delaying customs clearances. China imported 10.5789 million coking coal from Mongolia in January-September, down 64% on the year, China’s customs data showed.
Last year, coal trade flows from Mongolia to China reached a historical high after about 2,200 trucks hauled coal daily in August 2020, Platts reported earlier.
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Mongolia to train consultants on tree planting to combat climate change www.xinhuanet.com

Nov. 15 (Xinhua) -- Mongolia will train at least 1,000 consultants on tree planting to combat climate change and desertification, President Ukhnaa Khurelsukh said Monday.
Khurelsukh, who has recently initiated a national tree-planting campaign called "Billion Trees" aimed at planting a billion trees by 2030, made the remarks during a national conference on forestry.
"The skilled human resource in any sector is a key driver of the sector's development. Therefore, at least 1,000 trainers to give advice on planting trees will be trained within the framework of the national tree-planting campaign in the near future," said Khurelsukh.
Citizens, companies and governmental and non-governmental organizations across the country have joined the national campaign.
Up to 21 major mining companies in Mongolia have recently signed a deal to plant a total of 608.5 million trees by 2030, and authorities of the country's capital Ulan Bator and all 21 provinces have pledged to plant 680 million trees in the coming nine years, said the presidential press office.
The Asian country has a total land area of 1,564,116 square km but only 7.9 percent is covered by forests. Around 77 percent of the country's total territory has been affected by desertification and land degradation, according to the country's Ministry of Environment and Tourism.
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Mongolia confirms 491 new daily cases of coronavirus, 10 deaths www.akipress.com

Mongolia confirmed 491 new daily cases of coronavirus infection as of Nov 15, the Ministry of Health said, the total number increased to 374 532.
352 new daily cases were confirmed in Ulaanbaatar, and 139 cases were detected in the regions.
4,231 hospitalized patients are in mild condition, 4,446 in serious, 1,180 in critical and 226 in extremely critical condition.
10 people died per day raising the death toll to 1,815.
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MP Ts.Munkh-Orgil elected as member of UN International Law Commission www.montsame.mn

Member of Parliament Ts.Munkh-Orgil has been elected as a member of the International Law Commission (ILC) for the term 2023-2027. For the first time, Mongolia had nominated its candidate for the election of the ILC members, which took place at the 32nd plenary meeting of the 76th session of the UN General Assembly in New York on November 12.
As one of 34 members, MP Ts.Munkh-Orgil will enjoy the status of experts on mission for five-year term beginning on 1 January 2023.
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Samsung's Lee visits U.S ahead of likely $17 bln chip plant decision-media www.reuters.com

SEOUL, Nov 15 (Reuters) - Samsung Electronics (005930.KS) vice chairman Jay Y. Lee is visiting North America in his first high-profile trip after serving jail time for bribery, with a decision imminent on the company's planned $17 billion U.S. chip plant.
Lee left Seoul on Sunday and his trip to Canada and the United States is expected to coincide with a decision on the location of the new plant, Yonhap and other local media said. read more
A site in Texas' Williamson County, near the city of Taylor, offered the better incentives package among various sites Samsung has been considering for the new chip plant that is set to make advanced logic chips, sources previously told Reuters.
Since Samsung vice chairman Kim Kinam confirmed the chip plant plan in May, Samsung has been comparing incentives and working out who pays what in convoluted land and other agreements, while also considering the available amount of stable utilities such as water and electricity, one of the sources with knowledge of the matter said.
The source declined to be identified as they were not authorised to speak to media.
A winter storm in the first quarter hit Samsung's chip plant in Austin, Texas, laying bare the importance of stable utilities, as a shutdown caused by blackouts affected wafers corresponding to around 300-400 billion won ($254-339 million) of damages.
"I am set to meet many U.S. partners," Lee told reporters before his flight on Sunday, without elaborating.
He said he also expected to visit Boston, where COVID-19 vaccine maker Moderna's (MRNA.O) headquarters are located.
Last month, South Korea granted emergency use approval for Moderna's vaccine produced by drugmaker Samsung BioLogics (207940.KS), which has a "fill and finish" deal with Moderna.
Lee was convicted in January of bribery and embezzlement and sentenced to 30 months in jail - including a year served before his sentencing. Upon his parole in August, the presidential office said it expected Lee will help the country procure "semiconductors and vaccines".
($1 = 1,179.6200 won)
Reporting by Joyce Lee; editing by Richard Pullin and Kim Coghill
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COP26: Climate deal sounds the death knell for coal power - PM www.bbc.com

The Glasgow climate deal is a "game-changing agreement" which sounds "the death knell for coal power", Boris Johnson says.
Although countries only agreed to "phase down" rather than "phase out" coal, the prime minister said this was a fantastic achievement.
The wording change was made after a late intervention by China and India.
But it remains the first time plans to reduce coal have been mentioned in such a climate deal.
The agreement was reached after the two-week Glasgow COP26 summit went into overtime on Saturday.
Critics have said the deal does not go far enough and will not meet the key summit goal of limiting global warming to 1.5C by the end of the century.
Scientists say this would limit the worst impacts of climate change.
During a Downing Street news conference, Mr Johnson said:
"We can lobby, we can cajole, we can encourage, but we cannot force sovereign nations to do what they do not wish to do"
"For all our disagreements, the world is undeniably heading in the right direction"
The "tipping point has been reached in people's attitudes" - with leaders "galvanised and propelled by their electorates"
But "the fatal mistake now would be to think that we in any way cracked this thing"
Mr Johnson said that despite the achievements of the summit, his reaction was "tinged with disappointment".
He said there had been a high level of ambition - especially from countries where climate change was already "a matter of life and death".
And "while many of us were willing to go there, that wasn't true of everybody", he admitted.
But he added the UK could not compel nations to act. "It's ultimately their decision to make and they must stand by it."
Mr Johnson also said he thought the watered-down language on coal did not "make that much of a difference", adding that the direction of travel was "pretty much the same".
He said most of Western Europe and North America had been persuaded to pull the plug on financial support for overseas fossil fuel projects by this time next year.
"And when you add all that together, it is beyond question, Glasgow has sounded the death knell for coal power," he said.
Speaking alongside the PM, COP26 president Alok Sharma revealed that at one point during the final negotiations, he had feared the agreement was in jeopardy.
"There was an hour where really we weren't going to get a deal," he said.
Mr Sharma, who fought back tears as he closed the summit following the late intervention, said: "I can tell you there was one really tense hour where I did feel the weight of the world on my shoulders... this deal was absolutely in jeopardy. We got it over the line."
Earlier he said that "China and India will have to explain themselves" to climate-vulnerable nations.
One of the main goals set out by COP26 was to ensure global warming does not go above 1.5C by 2100 - but a report by the Climate Action Tracker group has calculated that at the current rate, the world is heading for 2.4C warming by that date.
As part of the agreement struck in Glasgow, countries will meet next year to pledge further major carbon cuts with the aim of reaching the 1.5C goal.
Under the Glasgow climate pact:
Countries were asked to republish their climate action plans by the end of next year, with more ambitious emissions reduction targets for 2030
There is an emphasis on the need for developed countries to increase the money they give to those already suffering the effects of climate change - beyond the current $100bn annual target
The language about coal has been included for the first time ever in a global climate deal
A pledge in a previous draft to "phase out" coal was instead watered down to a commitment to "phase down" coal
The UN's climate change chief Patricia Espinosa described the mention of fossil fuels as a "huge step forward" but added there was a need to "balance out the social consequences" for people of cutting coal power - particularly in poor countries.
She said that the 1.5C target was "definitely alive" but, earlier, Labour's shadow business and energy secretary Ed Miliband said the goal was "in intensive care".
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Mongolia may begin to mine and export uranium from next year with signing of agreement www.montsame.mn

As of today, there are over 10 uranium deposits that have been discovered in Mongolia, with about 160 thousand tons confirmed. With further explorations, it is possible for the amount to increase up to 1 million tons of uranium.
If the amount of resources are confirmed, there will be an opportunity to establish a nuclear power plant in Mongolia, highlighted Dr. N.Tegshbayar during a meeting organized by the Mon Atom state-owned company under the theme, ‘Opportunity and risk of resources’.
Highlighting that a kilogram of uranium is able to produce the same amount of power produced by 1 million kilograms of coal, he underlined the importance of involving professionals and experts, and viewing the matter from a scientific perspective due to its high risks.
He then continued to say, “Mongolia has prepared physicists and those specialized in nuclear energy and radioactivity for over 60 years. By involving more of the Mongolian youth in specializations in the physics and chemistry field, it will become possible to introduce technological advancements in the production of power with the use of high risk uranium.”
While countries such as Australia, Canada, the U.S., and Niger lead the world in uranium resources, Mongolia ranks 1st in Asia, and 12th in the world with about 70 thousand metric tons of uranium. Thus, in aims of putting the resources into economic circulation, a project began to be implemented.
In its framework, a company named ‘Badrakh Energy’ that runs operations at the Zuuvch-Ovoo deposit in Ulaanbadrakh soum, Dornogobi aimag is carrying out experimental operations to mine 25 kg of uranium daily, reported CEO of Mon Atom LLC D.Dalaijargal. As the company is currently ensuring preparations to operate at full capacity, it will become possible to mine 8,000 kg of uranium each day from next year, highlighted the company’s representative Marc Meleard. If the level of operations is reached, amendments will be made to the feasibility study, and an investment agreement will be established with the Government.
Regarding the environmental impact, CEO of Mon Atom D.Dalaijargal noted that assessments are consistently conducted on whether uranium exploration activities are negatively affecting the environment, local people, and livestock animals, with the involvement of professional organizations such as the General Agency for Specialized Inspection and the Institute of Veterinary Medicine.
The French state-owned Areva group began to carry out exploration for uranium in Mongolia through its subsidiary Cogegobi from 1996. As a result of the exploration activities continuously carried out by the company for the last 10 years in Ulaanbadrakh soum, Dornogobi aimag, 54,390 metric tons of uranium have been discovered at Zuuvch Ovoo deposit, with 6,270 metric tons of uranium at Dulaan Uul deposit.
34 percent of the aforementioned deposits, which make up half of the country’s total uranium resources, are owned by the state-owned Mon Atom company, while 66 percent is jointly owned by the French state-owned Orano Mining group and the Mitsubishi Corporation of Japan.
As the company has completed the construction of its pilot plant this year, it is planned to establish an investment agreement in 2021. With the agreement, it will become possible for Mongolia to mine and export uranium.
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