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

NEWS

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China reports no new local Covid-19 cases for first time since July, as Delta outbreak wanes www.cnn.com

Hong Kong (CNN)China reported no new locally transmitted Covid-19 cases on Monday for the first time since July, according to its National Health Commission (NHC), as authorities double down on the country's stringent zero-Covid approach.
China has been grappling with the spread of the highly contagious Delta variant since July 20, when a cluster of Covid-19 infections were detected among airport cleaning staff in the eastern city of Nanjing.
Since then, it has spiraled into the worst outbreak China has seen since 2020, spreading to more than half of the country's 31 provinces and infecting more than 1,200 people. The surging cases driven by Delta were seen as the biggest challenge yet to China's uncompromising zero tolerance virus policy.
Local authorities responded by placing tens of millions of residents under strict lockdown, rolling out massive testing and tracing campaigns and restricting domestic travels.
The strict measures appeared to be working. Daily infections have fallen steadily over the past week into single digits, down from more than 100 from its peak two weeks ago.
And on Monday, the country reported 21 imported cases and zero locally transmitted symptomatic infections -- the first time no local cases have been recorded since July 16. It also reported 16 asymptomatic cases, all of which were imported too, according to the NHC. China keeps a separate count of symptomatic and asymptomatic cases and does not include asymptomatic carriers of the virus in the official tally of confirmed cases.
If the trend continues, China could become the world's first country to control a major Delta outbreak.
Doubling down on zero-Covid
China is one of a number of countries, including Singapore, Australia and New Zealand, that have sought to completely eradicate Covid-19 within their borders.
Authorities closed off borders to almost all foreigners, imposed strict quarantines for arrivals, and launched targeted lockdowns and aggressive testing and tracing policies to stamp out any cases that slipped through the defenses. And for more than a year, these measures had been largely successful in keeping cases close to zero.
But fresh outbreaks driven by the Delta variant are prompting some countries to rethink their approach.
In Australia, several major cities, including Sydney, Melbourne and the capital Canberra, have been placed under weeks of lockdown, but cases have continued to surge. On Saturday, the country recorded its highest single-day caseload since the pandemic began, while thousands of people took to the streets to protest against prolonged lockdowns.
In an opinion piece published in Australian media Sunday, Prime Minister Scott Morrison hinted at an end to the country's zero Covid-19 restrictions, saying the lockdowns "are sadly necessary for now" but "won't be necessary for too much longer." He said the Australian government intended to shift its focus from reducing case numbers to examining how many people were getting seriously ill from Covid-19 and requiring hospitalization.
Singapore, too, has laid out a road map to transit to a "new normal" of living with Covid-19.
China, meanwhile, appears to be resolutely sticking to its zero-Covid approach, with state broadcaster CCTV warning on Monday that the pandemic has not ended, and that people shouldn't become careless in epidemic prevention.
The country has also continued to ramp up its vaccination drive. As of Sunday, it has administered more than 1.94 billion doses of domestically made Covid-19 vaccines, according to the NHC. More than 135 doses have been administered per 100 people, a ratio higher than that of the United Kingdom and the United States.
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Mongolia adds 1,566 new COVID-19 cases www.xinhuanet.com

Aug. 23 (Xinhua) -- Mongolia's COVID-19 cases have increased by 1,566 over the past 24 hours to 195,245, the country's health ministry said Monday.
The disease has claimed 902 lives in total after four more fatalities were reported in the past day, the ministry said in a statement.
It said that a total of 5,519 samples were tested across the country in the past day, and the latest confirmed cases were all local infections.
A total of 10,928 COVID-19 patients are now hospitalized across the country, 185 of them in critical condition, it added.
Mongolia launched a nationwide COVID-19 vaccination campaign in late February, aiming to inoculate at least 60 percent of its 3.3-million population.
So far, 63.2 percent of the country's total population have been fully vaccinated.
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On the Move With Mongolia’s Nomadic Reindeer Herders www.nytimes.com

A morning mist filled the valley near Hatgal, a small village at the southern tip of Lake Khovsgol in north central Mongolia. Glancing at the figures between the fragrant pines and larches, I could hardly distinguish the silhouettes of the reindeer from those of their herders.
Darima Delger, 64, and her husband, Uwugdorj Delger, 66, gathered their belongings and dismantled a rusty stove. They tossed a coat over the shoulders of their grandchildren who were already sitting on the backs of their animals. The family’s herd stood as still as if in a Flemish painting. Everyone was waiting to depart.
The sound of colliding tent poles — mixed with a swirl of commanding voices — left little doubt: The transhumance to the herders’ summer camp was underway.
Darima and Uwugdorj’s family is part of a small group of semi-nomadic reindeer herders known as the Dukha or Tsaatan. Only a few hundred remain here in northern Mongolia. Their lives revolve around their domesticated reindeer, which supply them with much of their daily needs, including milk (used in tea, and to make yogurt and cheese), leather and a means of transportation. The animals’ velvety antlers, once removed, are sold for use in medicine and dietary supplements. Very few of the animals are killed for their meat — perhaps one or two a year.
The decision to move the herd was not a simple one. In past years, Uwugdorj explained, they moved the reindeer roughly every month. “In reality, we were following them,” he said with a laugh. “The reindeer are smarter than we are.”
But now the rain and snow cycles are changing, Uwugdorj said. Weather within the taiga, the subarctic forest where the animals thrive, has become less predictable. Lichen, a staple of the reindeer’s diet, is especially vulnerable to changes in climate. Moreover, reindeer populations — adversely affected by disease, historical mismanagement and predation by wolves — have declined.
“If we are wrong, we put the whole herd in danger,” Uwugdorj said, checking the straps of his saddles. Then, jumping onto his reindeer, he kicked off the impatient procession along a strip of thick snow.
On horseback, I could hardly keep up with the herd. Compared to reindeer, horses move like elephants.
Despite his injured knee, Uwugdorj wove between the pines and disappeared from view. With Darima and their daughter, I scanned for the few reindeer weakened by winter. Between efforts, I watched the looks the family exchanged. Their faces seemed to acknowledge the uncertainty. “If we lose our animals,” Darima told me at one point, “we lose everything.”
After arriving to the new pasture in a pouring rain, the group’s tepee-like tents, called ortz, came up with astonishing speed. About 20 families were in the process of migrating.
Darima went out to milk the reindeer. After attaching the animals to stakes for the night, everyone gathered around a crackling fire.
The Dukha are originally from the Tuva region of Russia, to the north. Tuva was for many years an independent country, until it was annexed by the Soviet Union in 1944. As children under Communist rule, Uwugdorj and Darima were sent to boarding schools and endured countless attempts to erase their identity, they said. Uwugdorj remembered escaping from the village at night because it was too hot in the dorms. “We were hungry, we were cold,” he said. In the winters, pieces of reindeer skin were boiled to make a broth that he swallowed to survive. Furs went to wealthy customers in the cities.
With their savings, Uwugdorj and Darima had a house built in the village of Tsagaannuur, to the west of Lake Khovsgol, so that their grandchildren could receive proper schooling.
Darima Delger prepares tea for the family. In addition to drinking reindeer milk, the Dukha also make cheese, which is dried for weeks on the stakes of the ortz.
The next morning, stepping through moss and lichen, I met a woman in her seventies who was milking her six reindeer. She told me about how dramatically life changed for the Dukha when the border to the north was redrawn — families were separated, their seasonal migrations stunted. Many Dukha became refugees in either the Soviet Union or Mongolia. “We wanted to escape, she said, “from the people who forbade us to live in the taiga.”
Lichen, a staple of the reindeer’s diet, is particularly vulnerable to climate change.
Every summer, a steady stream of tourists — from places like China, Israel, the United States and New Zealand — pass through the taiga to visit the herders. But not all Dukha families profit from the visitors. Instead, they make a living selling antlers and pelts, collecting pine seeds and receiving small subsidies, though “it is insufficient to raise our family,” said Dawasurun Mangaljav, 28, who spoke with me alongside her husband, Galbadrakh, who is 34.
“Strangers think we are free,” Dawasurun said. In fact, she said, money is a constant problem. During the summer, Dawasurun and Galbadrakh’s children live with them in the taiga. They will return to school each September — but only if the parents can afford it.
Uwugdorj, who once worked as a government-employed hunter, knows the land. The climate, he said, is changing; he can see it. Since the 1940s, the average temperature in Mongolia’s boreal forests has risen nearly four degrees Fahrenheit, more than twice the global average.
“We are not statues in a museum,” Uwugdorj said. “We are like our reindeer: on the move.”
And their fight, he added, is to persevere in a world that seems bent on challenging their way of life.
Sumya Batbayar and his elder brother Dawaadorj make their way to a winter camp. Reindeer are kept in remote valleys near the Russian border during the winter. The men stay with them to protect them from the wolves.
Régis Defurnaux is a documentary photographer based in Belgium. You can follow his work on Instagram.
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Bogdkhan railway project launched www.montsame.mn

The Bogdkhan railway project was launched today, on August 23. The government of Mongolia plans to begin the construction of the railway bypass line with promptitude and put it into service within three years.
In his remarks during the project launch, Prime Minister L.Oyun-Erdene emphasized that the new railway line will not only contribute to the country’s infrastructure and logistics development, but also is one of the key solutions to reducing congestion in Ulaanbaatar, creating new satellite cities in Tuv aimag, and alleviating traffic congestion.
The Bogdkhan railway line to be built between Rashaant and Maanit stations, bypassing Bogdkhan Mountain, will stretch 135.8 km across Altanbulag and Sergelen soums of Tuv aimag, and Bagakhangai, Khan-Uul and Songinokhairkhan districts of Ulaanbaatar city.
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Mongolian scientists begin to develop PCR test www.montsame.mn

Mongolian scientists have started to develop a PCR test, reports Minister of Health S.Enkhbold.
“Scientists of Choros Onosh laboratory have launched a startup company to develop a PCR test to diagnose coronavirus infection” said Minister S.Enkhbold.
Saliva and other main diagnostic tests are thus being produced in Mongolia.
The Ministry of Health is planning to purchase first 10,000 tests from the company in aims to support its operations as much as possible. In the future, the hospitals will be able to order and widely use the diagnosing device.
“This will bring us one step closer to detect and distinguish coronavirus mutations using a domestically produced device,” added the Minister.
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105 hectares of forests restored in capital city www.montsame.mn

In Ulaanbaatar, 105 hectares of forests were restored this year spending state and local budget funds.
A reforestation and rehabilitation professional organization is monitoring afforestation of 30 hectares and the establishment of forest strip on 50 hectares as well as green strip on 25 hectares.
In the framework of ‘Program on ensuring safety of water supply for Ulaanbaatar citizens and improving sanitation facilities’ approved by the resolution of Citizens’ Representative Khural (city council) of the Capital city in 2018, the Environment Department of the capital city and Water Supply and Sewerage Authority have jointly planted trees and established green strip with the leafy trees such as aspen, elm, bush in the total area of 50 hectares.
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MCC and Mongolia break ground on USD 93 million infrastructure investment www.montsame.mn

The Government of Mongolia and the U.S. Government’s Millennium Challenge Corporation (MCC) broke ground on August 20 on a USD 93 million Advanced Water Purification Plant (AWPP) in Mongolia’s capital city of Ulaanbaatar.
The President of Mongolia Ukhnaagiin Khurelsukh invited U.S. Ambassador to Mongolia Michael Klecheski, MCC’s Deputy Resident Country Director Eric Guetschoff, and members of the Millennium Challenge Account-Mongolia (MCA-Mongolia) to celebrate starting the first major infrastructure project in the USD 350 million Mongolia Water Compact.
“The U.S. Government is supporting Mongolia’s economic growth using grant financing when possible,” explained Ambassador Klecheski, “because we believe that growing democracies benefit from programs that do not lead to too much debt.”
The new state-of-the-art AWPP will supply up to 50 million cubic meters of water annually, boosting the bulk water supply production capacity in Ulaanbaatar by 65 percent over its lifetime. The AWPP is part of a phased, five-year compact that will ultimately increase Ulaanbaatar’s water supply production capacity by 80 percent.
“Today marks a new chapter in the U.S.’s partnership with the people of Mongolia,” said MCC’s Deputy Chief Executive Officer Alexia Latortue. “Once operational, this purification plant will help alleviate the strain on groundwater aquifers along the Tuul River and provide the critical water resources needed to support the everyday wellness and economic growth of Mongolians.”
Along with the AWPP, MCA-Mongolia will also construct new groundwater wells downstream from Ulaanbaatar; construct a new wastewater recycling plant and pipelines to provide high-quality treated water for industrial use; as well as increase the country’s institutional capacity, and the long-term sustainability of Ulaanbaatar’s water supply, through reforms and technical assistance.
In less than three decades, the population of Ulaanbaatar has nearly tripled in size; however, the water supply has remained the same, creating the conditions for a severe water crisis. The MCC-Mongolia Water Compact will build the critical infrastructure necessary to sustain this limited natural resource, positively impacting more than 55% of Mongolia’s population.
The Millennium Challenge Corporation is an international development agency of the U.S. Government, working to reduce global poverty through economic growth. Created in 2004, MCC provides time-limited grants and assistance to countries that meet rigorous standards for good governance, fighting corruption and respecting democratic rights.
Source: U.S. Embassy Ulaanbaatar
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Coal prices skyrocket amid rising demand & soaring gas prices www.rt.com

Asian benchmark Australian thermal coal at Newcastle Port has seen an unprecedented 106% gain in prices in 2021. In stark contrast, international oil benchmark Brent crude gained only 33% this year.
The price of coal soared to more than $166 per metric ton, according to the latest report by market data provider Argus. The Newcastle weekly index, which stood at $46.18 in September 2020, now stands at its all-time high of $195.20 from July 2008.
The Richards Bay index, Newcastle’s South African equivalent, also jumped more than 55% this year, closing at $137.06 per metric ton last week.
According to Yulia Buchneva, Fitch ratings agency’s director in natural resources, thermal coal remains one of the main global energy sources with an over 35% share in power generation worldwide.
“We expect that the share of coal in energy generation will decline driven by the energy transition agenda, however this will have a rather longer-term impact on the market. In the medium-term, demand for coal in emerging markets with less strict environmental agenda, in particular in India, Pakistan, and Vietnam, where coal-fired power dominates generation, is expected to rise,” Buchneva told CNBC, noting that Europe and the US represent a mere 10% of worldwide coal demand.
“The current high thermal coal prices have decoupled from costs and are therefore not sustainable. We expect that prices will normalize during the remainder of the year,” she added.
Fitch Ratings expects the price of Australian coal to drop toward $81 by year’s end.
Thermal coal is burned to generate electricity. It is the most carbon-intensive fossil fuel, with a high level of emissions. Argus analysts claim coal prices were impacted by high electricity demand and a surge in global gas prices due to the Covid-19 pandemic, combined with unseasonably low gas storages in Europe and low gas imports.
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Two Chinese companies to merge & form world’s 3rd largest steel producer www.rt.com

Two of China’s major steel producers, Ansteel and Ben Gang, are merging into one corporation, which will have an annual production capacity of 63 million tons of crude steel.
Under a merger agreement signed on August 20, Ben Gang, currently owned by the Liaoning Provincial Property Management Committee, will donate 51% of the company’s shares to Ansteel, becoming its subsidiary, China’s news agency Xinhua reports. Both companies view the merger as a way of reorganizing and boosting industrial capabilities.
“Through this reorganization, we will implement an integrated resource use and coordinated development in areas such as research and development, procurement and sales, and thereby contribute to the revival of Liaoning and the northeastern part of the country as a whole,” Ansteel’s chairman of the board Tan Chengxu said, calling the transition “a milestone in the development of Ansteel.”
The restructuring will now be reviewed under China’s anti-monopoly regulation by related government departments.
Upon completion of all merger procedures, Ansteel will have an annual production capacity of 63 million tons of crude steel, effectively making it the third in the world in terms of steel production after the Chinese Baowu Steel Group and ArcelorMittal, a Luxembourg-based multinational steel manufacturing and mining corporation.
By 2025, Ansteel plans to achieve annual production of 70 million tons of crude steel and 50 million tons of iron concentrate, boosting its revenue to approximately 300 billion yuan ($46.3 billion).
China, the world’s largest producer with 1.065 billion tons of crude steel output in 2020, is on course to restructure its crowded steel industry by forming a number of super-large steel conglomerates by 2025. They will consolidate up to 70% of China’s steel output in the hands of its top 10 steelmakers from some 37% they cover now, under a plan recently released by the country’s Ministry of Industry and Information Technology.
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Mongolia logs 1,780 new COVID-19 cases www.xinhuanet.com

Aug. 22 (Xinhua) -- Mongolia reported 1,780 new COVID-19 cases and two more deaths over the past 24 hours, pushing the national counts to 193,679 and 898 respectively, the country's health ministry said Sunday.
One of the new confirmed cases was imported from abroad, and the others were locally transmitted, the ministry said in a statement.
The COVID-19 Delta variant remains prevalent in the country, the ministry said, urging the public to follow all relevant health guidelines to protect minors and people suffering chronic diseases.
So far, 63.1 percent of the country's population has been fully vaccinated against the virus, according to the ministry.
The Asian country launched a nationwide COVID-19 vaccination campaign in late February, aiming to inoculate at least 60 percent of its 3.3-million population.
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