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

COVID-19: 1,159 new cases, 4 deaths reported www.montsame.mn

1,159 new cases of COVID-19 were detected from tests processed nationwide in the past 24 hours.
141,689 COVID-19 cases have so far been recorded in the country. Of the new cases, 602 were confirmed in Ulaanbaatar city and 556 in rural areas. In the past 24 hours, 3,808 COVID-19 patients made recovery.
4 people died from COVID-19 in the past 24 hours, which brings the country’s COVID-19 death toll to 703.
...


64x64

14th Mineclosure2021 17-19 Aug, Mongolia (update) www.mongolianbusinessdatabase.com

Global geoscience technology leader, CGG, and global environmental and advisory solutions provider SLR will be exhibiting at 14th Mineclosure 2021, 17-19 Mongolia virtually on Airmeet.
CGG is celebrating its 90th anniversary this year. Employing around 3700 people worldwide, CGG provides a comprehensive range of data, products and services that support its clients to more efficiently and responsibly solve complex natural resource, environmental and infrastructure challenges.
SLR is also a global leader in environmental and advisory solutions that help clients achieve their sustainability goals.
Please get in touch if you would like to promote your company’s product or service. We have a variety of sponsorship and exhibition opportunities available and are actively seeking to form new partnerships.
Visit https://mineclosure2021.com/announcement/ for more information. Contact us via phone: (+976) 99066062, 99119657, Email: mineclosure2021@qmc.mn for general inquiries.
 
...


64x64

The HU to promote sustainable management of Mongolian steppe grasslands www.montsame.mn

The Swiss Cooperation in Mongolia and the Mongolian National Federation of Pasture User Groups of Herders will cooperate with ‘the HU’ band to promote sustainable management of Mongolian steppe grasslands.
The Mongolian rock band ’the HU’ which has millions of fans around the world is to join hands with the Swiss Cooperation in Mongolia and National Federation of Pasture User Groups of herders to promote sustainable management of Mongolian steppe grasslands which makes 80% of total territory of the country within its corporate social responsibility. Through revitalization of best practices and knowledge of nomadic herders on sustainable management of rangelands and stocking density, and introduction of tools for responsible use and management, the project has rehabilitated and prevented from degradation 20 million hectors of degraded rangelands.
‘The HU’ expressed to support the “Responsible Nomads” standard for sustainable nomadic livestock production and its e traceability system. The system was developed with the support from Green Gold and Animal Health Project of the Swiss Cooperation in Mongolia and Ministry of Food Agriculture and Light Industry and managed by the National Federation of PUGs of Herders.
“Responsible Nomads” standard and traceability system aims to certify distinct quality properties of livestock products of nomadic herding and local livestock breeds, sustainable management of steppe grasslands and animal welfare. The e traceability system enables to monitor fulfilment of the performance indicators of the standard by aimag/provinces, soum/counties, baghs, Pasture User Groups and by an individual herder family.
...


64x64

New coal plants are popping up all over Asia www.mining.com

Just five Asian countries are now producing the vast majority of the region’s coal, with little intention of reining in production as several companies invest in new coal plants.
According to a study released in June, China, India, Indonesia, Japan, and Vietnam are producing around 80 percent of all Asian coal, with plans to develop over 600 coal power units. Together, the projects are expected to produce around 300 gigawatts of energy.
The continued reliance is surprising considering the many alternative energy projects that could be more financially appealing, as the cost of building new coal plants is extremely high considering global aims to reduce reliance on coal power.
Carbon Tracker, the London-based think tank that published the report, claims that solar and wind power generate significantly cheaper energy, with costs around 85 percent lower than existing coal production. And by 2026, close to 100 percent of coal production will be more expensive than constructing and operating renewable projects.
Europe, for example, is already phasing out coal production at an increasing rate, as the U.K. plans to decommission the country’s coal plants a year earlier than expected, by 2024. In addition, many of the U.K.’s disused coal plants are now being converted for alternative energy use, including the creation of geothermal power plants.
Catharina Hillenbrand von der Neyen, head of company research and co-head of research at Carbon Tracker, stated of the findings, "The vast, vast majority of new coal projects that are currently being proposed is likely to be value destructive — a very bad deal for investors."
At present, China is the world’s largest investor in coal. And it plans to boost its coal energy production by 187 gigawatts, on top of its current 1,100-gigawatt output. In addition, in 2020 a Shanxi state merger established one of the world’s largest coal companies.
Despite aiming to become carbon-neutral by 2060, China’s reliance on coal hasn’t subsided as coal-powered industry accounted for 37 percent of its economic activity in 2020. In 2019, coal constituted around 57 percent of the country’s energy consumption.
So, while China is increasing its investment in renewables projects, with it expecting to add 90 GW wind and solar capacity to the grid in 2021, the importance of coal cannot be overlooked.
However, the report predicts that renewable energy will overtake coal production in India and Indonesia by 2024. And it will become less economically viable than renewables in Japan and Vietnam by 2022.
Meanwhile, other Asian countries are following in the footsteps of Europe and abandoning coal production. For example, Thailand’s largest coal producer, Banpu, has said it will not pursue any new coal projects in a shift towards greener energy.
Chaimongkol, CEO of Banpu explained, “Since 2010, we talk about transformation. And since 2015, when I succeeded my predecessor as CEO, we started to implement a greener, smarter [plan]. For the past five years, we spent $2 billion and 90% of [that went on] … a greener investment, such as gas, such as renewable energy, and energy technology.” Further, ″[There are] a lot of megatrends happening — digitalization, decarbonization, decentralization — and that sped up Banpu to produce a new, greener, smarter strategy.”
While coal continues to fuel some of the largest Asian states, with more plants planned over the coming years, will these countries continue to pursue an energy strategy that is at odds with international green energy plans, or will they give in to renewables development?
This article was originally published on Oilprice.com
...


64x64

Mongolia records 1,246 daily new cases of coronavirus, 10 deaths www.akipress.com

Mongolia recorded 1,246 daily new cases of the coronavirus, the Ministry of Health reported July 13.
Total number of confirmed cases of coronavirus nationwide has risen to 140,530.
609 cases were confirmed in Ulaanbaatar, the remaining 636 cases were detected in the regions.
10 deaths from infection were registered in the country during the previous day bringing the death toll to 699.
The total number of people who recovered in Mongolia rose to 111,064 with 3,540 new recovered cases in 24 hours.
...


64x64

Switzerland sends Covid medical assistance to Mongolia www.swissinfo.ch

Swiss Humanitarian Aid has sent 40 respirators and 45 oxygen concentrators to the Mongolian capital, Ulaanbaatar, with a total value of around CHF850,000 ($930,000).
“In view of the public health situation in Mongolia and in response to a request for assistance from the Mongolian authorities, Swiss Humanitarian AidExternal link has decided to support the country in its efforts to combat the Covid-19 pandemic,” the foreign ministry said in a statementExternal link on Monday.
A federal air transport service plane left Dübendorf military air base outside Zurich for Ulaanbaatar on Monday. In addition to the 40 respirators provided by the Swiss Armed Forces Pharmacy, the shipment also includes 45 oxygen concentrators.
The equipment will be received in Ulaanbaatar by the local authorities and then transported to various sites, in particular to hospitals specialising in care for women and children. The Swiss representation in Mongolia is in close contact with the authorities to ensure that humanitarian goods are distributed fairly based on need, in accordance with humanitarian principles, the foreign ministry said.
The shipment sent to Mongolia is the fourth delivery of humanitarian goods from Switzerland to Asia in the past few weeks. Swiss Humanitarian Aid, which is part of the foreign ministry, has already sent 13 tonnes of relief supplies to India (May 6), 30 tonnes to Nepal (May 21) and 16 tonnes to Sri Lanka (June 7).
...


64x64

Mongolia approves Gurvantes CBM project PSA www.naturalgasworld.com

The Mongolian cabinet has approved the production sharing agreement (PSA) with Telmen Resource regarding the Gurvantes XXXV coalbed methane (CBM) project, Australia’s Talon Energy, a partner in the project, said on July 12.
The Mineral Resources and Petroleum Authority of Mongolia has been instructed by the ministry of mining and heavy industry to formally execute and issue the PSA, and this is expected to occur in the coming weeks, the company said.
Talon said that the receipt of cabinet approval had been delayed by the ongoing COVID-19 situation in Mongolia. As a result of these delays, and as consideration for Telmen agreeing to extend the exclusivity period relating to the farm-in, the Australian explorer will issue Telmen options to acquire its shares upon the formal issuance of the PSA.
Under the terms of the proposed farm-in agreement with Telmen, Talon will have an option to earn a 33% participating interest in Gurvantes project by paying 100% of the costs of an agreed budget for an initial exploration work programme of up to an amount of $1.5mn. Work on the initial work programme is expected to commence shortly, upon the formal issuance of the PSA, Talon said.
The PSA covers an area of 8,400 km2 and is situated around 20 km from the Chinese-Mongolian border and close to the northern China gas transmission and distribution network. Talon believes that Gurvantes is “ideally placed for future gas sales to satisfy both local Mongolian, as well as Chinese, energy requirements”.
“We are very pleased to be moving forward with our partner Telmen Resource JSC in Mongolia,” Talon’s managing director, David Casey said. “Planning for initial exploration work on Gurvantes XXXV is well underway, as is the preparation of an independently certified prospective resource, where we expect to see multi-tcf potential. Alongside the operator, Telmen, we look forward to undertaking our first exploration work with a view to booking Mongolia’s largest gas contingent resource.”
...


64x64

Taiwan tech giants Foxconn and TSMC to buy 10m Covid jabs www.bbc.com

Two of the world's biggest technology manufacturers are buying 10 million doses of a Covid vaccine for Taiwan.
Taiwanese firms Foxconn, which makes devices for Apple, and chip giant TSMC brokered the agreements for the BioNTech vaccine, worth $350m (£252m).
Taiwan has been trying for months to buy the vaccine from Germany's BioNTech and blames China for blocking a deal.
China, which claims the self-ruled island as its own territory, denies the accusations.
The agreements will see Foxconn and Taiwan Semiconductor Manufacturing Co (TSMC) buy five million doses of the vaccine each and donate them to the government for distribution.
The deal was announced in a statement by BioNTech's Chinese sales agent Shanghai Fosun Pharmaceutical Group.
Fosun Pharma's chairman and chief executive Wu Yifang said they would "work closely with our partners to provide safe and effective vaccines to Taiwan at an early date".
Foxconn's billionaire founder and chairman Terry Gou wrote on his Facebook page that Beijing did not interfere with the talks.
BioNTech developed the mRNA vaccine, which is marketed as Comirnaty, in collaboration with the US pharmaceuticals giant Pfizer.
Taiwan's government has faced intense pressure from the public to speed up its coronavirus vaccination programme.
Last month the government agreed to allow Mr Gou and TSMC to negotiate deals for the vaccines on its behalf.
A major Taiwanese Buddhist group, the Tzu Chi Foundation, is also trying to buy vaccines for Taiwan.
Separately, the US and Japan have donated a total of almost five million Covid vaccine doses to Taiwan to help the island accelerate its vaccination programme.
Meanwhile, Taiwan has millions of vaccines on order, mainly from AstraZeneca and Moderna.
Just 0.3% of Taiwan's population is fully vaccinated.
Last week, Taiwan's President Tsai Ing-wen said the government aims to have 25% of its population vaccinated with at least one dose of a two-shot jab by the end of July.
...


64x64

Rio Tinto to keep South African operation shut www.mining.com

Rio Tinto (ASX, LON, NYSE: RIO) said on Monday that operations at its Richards Bay Minerals (RBM) project in KwaZulu-Natal, South Africa, which was shut down in late June following the murder of the top manager, will remain halted despite talks with government.
Escalating violence forced the miner to declare a force majeure on customer contracts at RBM and seek help from authorities to control violent community unrest.
SIGN UP FOR THE AFRICA, EUROPE & MIDDLE EAST DIGEST
The Minerals Council of South Africa condemned violence and law enforcement “failures” and had tried preventing the suspension of activities at the minerals sands project, which employs about 5,000 people.
“Continued acts of lawlessness including blockages of roads, burning of equipment and intimidation of staff at mining operations are not only unacceptable and damaging to the country’s reputation as an investment destination, but also impact the lives and livelihoods of mining employees, their families and surrounding communities,” the council said earlier this month.
A spokesperson for Rio Tinto said on Monday everyone was keen to see the resumption of operations as soon as possible. “But the safety of our people and the security of our operations must be assured before we can return to work,” he said.
The statement refutes KwaZulu-Natal Premier Sihle Zikalala’s comments on July 9. He told local reporters then that RBM would resume operations this week after government and Rio Tinto and RBM’s management had held talks.
History of violence
The Richards Bay mineral sands mine – in which Rio holds a 74% interest – has seen several violent incidents over the years.
Operations were halted twice in 2018 due to violent protests by contractors, and in 2019, RBM was forced to suspend activities again following the shooting of one of its employees.
Despite Rio approving the $463 million Zulti South project to extend the mine life, the expansion has been on hold since 2019 due to unresolved security issues.
In April, RBM officials said they were in talks with the country’s authorities to “permanently address violent protests around its operations before resuming work on the Zulti South project.”
The latest incident, however, casts further doubt on normal resumption of activities at Richards Bay, which includes mining, refining and smelting of heavy minerals or ore deposits.
RBM produces predominantly ilmenite, rutile and zircon – materials used in everything from paint to smart phones to sunscreen.
Richards Bay RBM is a joint venture between Rio Tinto and Blue Horizon – a consortium of investors and our Host Communities Mbonambi, Sokhulu, Mkhwanazi and Dube – which owns 24%. The remaining shares are held in an employee trust.
...


64x64

Living with COVID-19: Israel changes strategy as Delta variant hits www.reuters.com

JERUSALEM, July 13 (Reuters) - Four weeks ago, Israel was celebrating a return to normal life in its battle with COVID-19.
After a rapid vaccination drive that had driven down coronavirus infections and deaths, Israelis had stopped wearing face masks and abandoned all social-distancing rules.
Then came the more infectious Delta variant, and a surge in cases that has forced Prime Minister Naftali Bennett to reimpose some COVID-19 restrictions and rethink strategy.
Under what he calls a policy of "soft suppression", the government wants Israelis to learn to live with the virus - involving the fewest possible restrictions and avoiding a fourth national lockdown that could do further harm to the economy.
As most Israelis in risk groups have now been vaccinated against COVID-19, Bennett is counting on fewer people than before falling seriously ill when infections rise.
"Implementing the strategy will entail taking certain risks but in the overall consideration, including economic factors, this is the necessary balance," Bennett said last week.
The main indicator guiding the move is the number of severe COVID-19 cases in hospital, currently around 45. Implementation will entail monitoring infections, encouraging vaccinations, rapid testing and information campaigns about face masks.
The strategy has drawn comparisons with the British government's plans to reopen England's economy from lockdown, though Israel is in the process of reinstating some curbs while London is lifting restrictions.
The curbs that have been reinstated include the mandatory wearing of face masks indoors and quarantine for all people arriving in Israel.
Bennett's strategy, like that of the British government, has been questioned by some scientists.
Israel's Health Ministry advocates more of a push for stemming infections, Sharon Alroy-Preis, head of public health at Israel's Health Ministry, told Kan Radio on Sunday.
"It's possible that there won't be a big rise in the severely ill but the price of making such a mistake is what's worrying us," she said.
But many other scientists are supportive.
"I am very much in favour of Israel's approach," said Nadav Davidovitch, director of the school of public health at Israel's Ben Gurion University, describing it as a "golden path" between Britain's easing of restrictions and countries such as Australia that take a tougher line.
THE VIRUS 'WON'T STOP'
Israel's last lockdown was enforced in December, about a week after the start of what has been one of the world's fastest vaccination programmes.
New daily COVID-19 infections are running at about 450. The Delta variant, first identified in India, now makes up about 90% of cases.
"We estimate that we won't reach high waves of severe cases like in previous waves," the health ministry's director-general, Nachman Ash, said last week. "But if we see that the number and increase rate of severe cases are endangering the (health) system, then we will have to take further steps."
Around 60% of Israel's 9.3 million population have received at least one shot of the Pfizer/BioNtech vaccine. On Sunday, the government began offering a third shot to people with a compromised immune system.
Ran Balicer, chair of the government's expert panel on COVID-19, said Israel had on average had about five severe cases of the virus and one death per day in the last week, after two weeks of zero deaths related to COVID-19.
Noting the impact of the Delta variant, he said the panel was advising caution over the removal of restrictions.
"We do not have enough data from our local outbreak to be able to predict with accuracy what would happen if we let go," Balicer said.
Some studies have shown that though high, the Pfizer/BioNTech vaccine's effectiveness against the Delta variant is lower than against other coronavirus strains.
Drawing criticism from some scientists, Pfizer (PFE.N) and BioNTech SE have said they will ask U.S. and European regulators to authorise booster shots to head off increased risk of infection six months after inoculation. read more
Israel is in no rush to approve public booster shots, saying there is no unequivocal data yet showing they are necessary. It is offering approval only to people with weak immune systems on a case-by-case basis.
Authorities are also considering allowing children under 12 to take the vaccine on a case-by-case basis if they suffer from health conditions that put them at high risk of serious complications if they were to catch the virus.
Only "a few hundred" of the 5.5 million people who have been vaccinated in Israel have later been infected with COVID-19, Ash said.
Before the Delta variant arrived, Israel had estimated 75% of the population would need to be vaccinated to reach "herd immunity" - the level at which enough of a population are immunized to be able to effectively stop a disease spreading. The estimated threshold is now 80%.
Such data ensure doctors remain concerned.
"...the virus won't stop. It is evolving, it's its nature. But our nature is to survive," said Dr Gadi Segal, head of the coronavirus ward at Sheba Medical Centre near Tel Aviv.
Writing by Maayan Lubell; Editing by Jeffrey Heller and Timothy Heritage
...


  • Terms of Reference
  • About
  • Contact Us

Managed by: B2BMongolia www.b2bmongolia.com

Events

News

Facebook