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

64x64

Mongolia records highest daily count of COVID-19-related deaths www.xinhuanet.com

Sept. 27 (Xinhua) -- Mongolia reported 19 more COVID-19 related deaths in the last 24 hours, the highest number of fatalities recorded in one day since the pandemic hit the country, bringing the death toll to 1,152, said the Health Ministry on Monday.
The Asian country also registered 1,991 new infections across the country in the past day, taking the national caseload to 296,366, said the ministry, adding that three of the latest confirmed cases were imported from abroad.
More than half of the latest cases were detected in the capital city of Ulan Bator, which is home to half of Mongolia's population of around 3.4 million.
More than 21,500 COVID-19 patients are now hospitalized across the country, while over 65,400 patients are receiving home-based care due to a shortage of beds and medical staff in hospitals, according to the ministry.
So far, more than 65 percent of the country's population have been fully vaccinated against COVID-19 since a nationwide vaccination campaign was launched in late February. Enditem
...


64x64

Sumo Yokozuna Hakuho intends to retire www.nhk.or.jp

Informed sources have told NHK that sumo Yokozuna Grand Champion Hakuho intends to retire.
The sources say Hakuho decided he would not be able to compete as a yokozuna for the entire 15 days of a grand tournament mostly due to injuries, such as to his right knee.
After the November tournament last year, Hakuho received a warning from the Yokozuna Deliberation Council for sitting out a series of tournaments. He had been suffering the effects of a surgery on his right knee.
Hakuho pulled out of the March tournament this year from its third day owing to the right knee injury and underwent an operation during the tourney. That was the sixth consecutive tournament from which he withdrew.
Hakuho took part in the July tournament, putting his future as a yokozuna on the line. He won the tourney with a clean slate, claiming his 45th title.
After the tournament, Hakuho told NHK his physical condition was very bad and that he would carefully think about his career.
Hakuho is a 36-year-old Mongolia-born wrestler who joined the Miyagino stable when he was 15.
With his flexibility, power and masterful techniques, he advanced to the top rank of yokozuna in 2007.
Hakuho has chalked up 1,187 wins and 45 tournament titles, remaining yokozuna for 84 tourneys of the past 14 years. They are all record highs.
Hakuho acquired Japanese nationality in 2019. He expressed his wish to produce strong wrestlers as a stable master to repay to the sumo world.
...


64x64

Gross industrial output increased by MNT 2.7 trillion from the previous year www.montsame.mn

By the preliminary result of the first eight months of 2021, the gross industrial output reached MNT 12.3 trillion, increased by MNT 2.7 trillion (28.0%) from the same period of the previous year. This increase was mainly due to MNT 1.9 trillion (29.9%) increase in mining and quarrying gross output and MNT 637.9 billion (28.7%) increase in manufacturing output. Also, the electricity, thermal energy and water supply production output rose by MNT 86.8 billion (11.2%) and the water supply, and sewerage, waste management, and remediation activities production output rose by MNT 14.9 billion (16.9%) from the same period of the previous year.
In August 2021, the gross industrial output reached MNT 1.5 trillion, increased by MNT 23.1 billion (1.6%) from the previous month. This growth was mainly due to MNT 37.9 billion (12.4%) increase in manufacturing output. In August 2021, the mining and quarrying gross output reached MNT 1.0 trillion, increased by MNT 38.1 billion (3.9%) from the same period of the previous year. This increase was mainly due to increases in the mining of metal ores by MNT 101.0 billion (14.4%) and extraction of crude petroleum by MNT 15.7 billion (28.3%) from the same period of the previous year.
By the preliminary results of the first eight months of 2021, the mining and quarrying sector, extraction copper concentrate, iron ore, fluorspar, hard coal, brown coal and crude oil increased by 4.5 percent to 2.1 times compared to the same period of the previous year. In the manufacturing sector, production of combed cashmere, pure water, soft drink, juice, cement, copper cathode 99%, alcoholic beverage, milk, lime, meat, coal briquette, metal steel, cigarettes and concentrated coal increased by 3.2 percent to 2.2 times compared to the same period of the previous year.
In the mining and quarrying sector, the extraction of gold decreased by 4.6 percent. In the manufacturing sector, productions of wheat flour, sanitizer, spirit, face covering and cashmere products decreased by 1.3-74.8% compared to the same period of the previous year.
By the preliminary results of the first eight months of 2021, the sales of industrial output reached MNT 16.1 trillion, increased by MNT 5.0 trillion (45.3%) compared to the same period of the previous year. This increase mainly resulted from MNT 4.4 trillion (61.9%) increase in sales of mining and quarrying output.
The sales of mining and quarrying output increased by MNT 4.4 trillion (61.9%) compared to the same period of the previous year. This increase mainly resulted from MNT 3.2 trillion (61.9%) increase in sales of mining of metal ores output, MNT 826.8 billion (57.3%) increase in sales of mining of coal and lignite and MNT 398.3 billion (3.1 times) increase in sales of crude petroleum output, respectively.
In the total of MNT 9.5 trillion export of mining and quarrying output, 70.9% was metal ores, increased by 2.3 percent points, 6.2% was crude petroleum, increased by 2.4 percent points, while 21.1% was coal and lignite, decreased by 4.2 percent points, 1.8% was other mining and quarrying, decreased by 0.7 percent points compared to the same period of the previous year. In the first eight months of 2021, the seasonally adjusted industrial production index was 159.5 (2015=100), increased by 43.2 percent from the same period of the previous year.
Source: National Statistics Office
...


64x64

Export increased by USD 254.9 million compared to the previous month www.montsame.mn

In the first eight months of 2021, Mongolia traded with 144 countries from all over the world, and the total trade turnover reached USD 10.1 billion, of which USD 5.6 billion were exports and USD 4.5 billion were imports. The total foreign trade turnover increased by USD 2.2 billion (27.3%), where exports rose by USD 1.1 billion (25.6%) and imports rose by USD 1.0 billion (29.6%) compared to the same period of the previous year.
In August 2021, exports reached USD 885.2 million, increased by USD 254.9 million (40.4%) and imports reached USD 635.8 million, increased by USD 58.7 million (10.2%) compared to the previous month.
The foreign trade balance was in surplus of USD 1.2 billion in the first eight months of 2021, increased by USD 127.2 million compared to the previous year. The trade with China reached USD 6.8 billion in the first eight months of 2021, which made up 67.3% of the total trade turnover.
Bituminous coal and copper concentrates accounted for 24.1% and 39.6% of total exports to China, respectively, gold accounted for 99.5% and 81.3% of total export to Switzerland and the Republic of Korea.
In the first 8 months of 2021, USD 1.1 billion increase in exports from the previous year was resulted from the USD 365.6 million increases in Iron ores and concentrates, USD 982.0 million increase in copper concentrates exports and USD 140.0 million increase in coal exports.
Also, increase in export was due to rising world prices for mining products. For example, in the first 8 months of 2021, exports of copper concentrate volume decreased by 1.3 percent, however value increased by 97.1 percent compared to the previous year.
In the first 8 months of 2021, 39.4% of the total imports were from China, 27.0% -- from Russia, 6.6% -- from Japan, 4.3% -- from the Republic of Korea and 3.4% -- from Germany, which are accounting for 80.8% of the total imports.
In the first 8 months of 2021, 50.3% of the total imports from Russia were petroleum products, 69.4% of the total imports from Japan were cars, and 4.7% of the total imports from China were electricity, 14.3% were trucks and 81.0% were imports of other products.
The USD 1.0 billion increase in imports from the previous year was mainly due to USD 38.1 million increases in wheat, USD 145.4 million increases in trucks, USD 57.9 million increases in cars and USD 92.9 million increases in diesel.
Exports of mineral products, natural or cultured stones, precious metal, jewelry and textile articles products made up 95.0 percent of the total export.
...


64x64

1,500 personnel participate in military drill in Mongolia www.news.mn

The Selenge- 2021 international counter-terror drills with the participation of Russian military personnel kicked off in Mongolia.
“The Russian troops have arrived for their participation in the Selenge- 2021 annual joint Russian-Mongolian drills at the Doytym An training ground. Overall, the exercise will involve up to 1,500 personnel and over 200 items of armament and military hardware from both sides.
The servicemen have also accomplished a complex combat training operation within specified time limits for unloading military hardware from a railway platform and conducted a march about 60 km long to the Doytym An proving ground. Until October 5, they will be assigned the task of eliminating notional outlawed armed gangs, employing various tactical methods of modern warfare.
Russia and Mongolia hold Selenge drills alternately on their territory each year.
...


64x64

Requests put forth to stabilize supply of electricity and oil products www.montsame.mn

Mongolia’s Ambassador to the Russian Federation D.Davaa met with the Deputy Secretary of the Security Council of the Russian Federation A.N. Venediktov on September 21.
At the meeting, the two sides noted that Mongolia and the Russian Federation have developed traditional good neighborly relations and agreed that security issues of the two countries are interrelated. They also exchanged views on joint measures to be taken by the Security Council and some regional issues.
Ambassador D.Davaa also asked the Russian side to pay attention to some pressing issues in bilateral relations and cooperation, in particular stabilizing the supply of electricity and oil products from Russia to Mongolia.
...


64x64

Boeing to build its first foreign assembly plant www.cnn.com

New York (CNN Business)Boeing, the largest US exporter, announced plans Wednesday for its first foreign production plant to perform final assembly work.
The plant, to be built in Toowoomba, Australia, will assemble military drones, not commercial jets, which is Boeing's primary business. But it is an interesting step away from the United States for the company.
Boeing's defense, space and security division has been its most solid revenue stream during the difficult past few years for Boeing. The unit has reported $26 billion in revenue every year since 2018, while the company's commercial aircraft revenue plunged $41 billion, or 72%, in the face of the 737 Max crisis and the pandemic.
In 2020 about 83% of that defense business came from the US Defense Department. But the division does have significant foreign clients as well.
A huge part of Boeing's main business comes from overseas. In 2018, the year the aircraft maker posted record revenue of $101 billion, 56% of those dollars came from foreign customers.
Boeing's Australia operations team designed the drone, known as the Loyal Wingman, to be built there. The factory is expected to create 3,500 new full-time jobs by 2028. Currently the Australian Air Force is the only confirmed customer for the drone, but Boeing plans to export it to other military customers around the world.
The news comes on the heels of a separate announcement that Australia intends to build a fleet of nuclear powered submarines with the use of technology being shared by the United States and United Kingdom. That move is seen as an effort by the United States to rein in China's growing military ambitions in the region.
There was a time when US manufacturing giants made all or virtually all of their products in the United States. Boeing (BA) is all but alone in making that claim today. For example, General Motors (GM) and Ford (F) both build more cars in non-US plants, in countries such as China and Mexico, than they do in the United States.
Part of the reason that automakers and other manufacturers build their products elsewhere, beyond lower labor costs, is to reduce delivery time and expense when selling to foreign markets. That is not as significant an issue for Boeing, which can fly most of the products it makes to its customers.
Boeing already had its largest non-US operation in Australia, with about 4,000 employees, some of them doing pre-assembly work on parts that are shipped to the company's US factories.
It also has a facility in China which was set up to complete the interiors and final painting on the 737 Max commercial jets it is selling there. Part of the reason for locating the plant there was to placate the Chinese government, which must sign off on all jet sales into the country.
But that facility, which opened in late 2018, completed only a single 737 Max before two fatal crashes caused a global grounding of the plane.
Although most countries are again allowing the plane to carry passengers, the 737 Max remains grounded in China. Meanwhile amid the rising trade tensions between China and the United States, Boeing's sales into China have slowed to a trickle.
...


64x64

President of Mongolia addresses the General Debate of the General Assembly www.montsame.mn

The President of Mongolia Ukhnaa Khurelsukh delivered a statement at the General Debate of the 76th session of the United Nations General Assembly in New York, on September 22, 2021.
In his statement, President U. Khurelsukh shared Mongolia’s views on global peace, security, sustainable development, good governance, economy, society and health, particularly fighting and mitigating the challenges and impacts of COVID-19 pandemic.
President U. Khurelsukh stressed that Mongolia’s accession to the United Nations in 1961 and ensuring the country’s independence and sovereignty, and becoming a full member in the world community was an important milestone in its history. He further reaffirmed that Mongolia as an active member of the United Nations is committed to continue its contribution towards promoting international peace and security, fostering green development, combating climate change and achieving the Sustainable Development Goals.
The President also announced his initiative to make September 2, the day, when devastating World War II, that took the lives of millions, had ended, as an international day to commemorate “Humanity’s Victory Over War” and called on member states to support it.
Speaking about climate change, the President called to combine the fight against climate change with achievements of the modern science and technology as well as best practices and the traditional experiences, drawing lessons from the Mongolian traditional “nomadic civilization” to respect and treat the nature deferentially. In this context, he noted that Mongolia has launched a campaign to plant billions of trees by 2030.
The full speech can be found at the following link.
source: mfa.gov.mn
...


64x64

3,361 new cases of COVID-19 reported www.montsame.mn

On September 23, 3,361 new cases have been detected after conducting tests nationwide within the past 24 hours, reported the Ministry of Health.
More specifically, 1,540 new cases were detected in the capital city, with 1,821 cases in rural regions.
As of today, the total number of confirmed COVID-19 cases in Mongolia now stands at 283,956. 5,286 patients have made recoveries in the past 24 hours.
Furthermore, 13 new COVID-19 related deaths have been reported, raising the country’s death toll to 1086. Currently, 22,204 people are receiving hospital treatment for COVID-19 whilst 66,345 people with mild symptoms of COVID-19 are being isolated at home.
...


64x64

MIAT uses a digital health pass to verify their COVID-19 negative status www.news.mn

Mongolian Airlines (MIAT) operated the first-ever charter flight (OM7602) on which all passengers and air crew members used a digital health pass to verify their COVID-19 negative status. The flight was chartered by Rio Tinto to take its employees to Oyu Tolgoi site, one of the largest known copper and gold deposits in the world.
All the employees took a PCR test 24 hours before the flight, which followed a test nine days prior to the flight. They also underwent an International SOS ‘Fit for Travel Assessment’ via survey forms through the Work Pass app.
The International SOS Work Pass full integration with AOKpass provided the employees with a unique AOKpass QR code linking to their digital health certificate. This was presented at the arrival gate, where inspection personnel scanned the QR code to verify that the passenger had the valid required certificates for the flight and entry to country, including COVID-19 negative status.
...


  • Terms of Reference
  • About
  • Contact Us

Managed by: B2BMongolia www.b2bmongolia.com

Events

News

Facebook