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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Rare rallies in China over Mongolian language curb www.bbc.com

Ethnic Mongolians in northern China have staged rare rallies against measures to reduce teaching in the Mongolian language in favour of Chinese.

As schools began a new term on Tuesday some parents held children back in protest at the policy.

Under the rules, three core subjects in Inner Mongolia will gradually be taught in Mandarin, China's official language.

Many ethnic Mongolians view the move as a threat to their cultural identity.

Large crowds of students and parents were seen protesting against the change in demonstrations that broke out over the weekend across several cities.

"Our language is Mongolian, and our homeland is Mongolia forever! Our mother tongue is Mongolian, and we will die for our mother tongue!" shouted students at one recent protest, reported Radio Free Asia, a US government-funded broadcaster.

Why are people demonstrating?
Starting this month, according to the new policy, schools will gradually shift the language of instruction in three subjects - politics, history, and language and literature - from Mongolian to Mandarin across China's Inner Mongolia autonomous region, home to an ethnic Mongol minority.

The Southern Mongolian Human Rights Information Center, a New York-based activist group, described angry scenes across the region as many parents only learned about the shift in policy as schools were set to reopen.

It said there was a tense confrontation at one boarding school as hundreds of parents demanded the release of their children, who had returned early.

"Hundreds of riot police poured to the scene, preventing the parents from accessing the school dormitories. Following hours of standoff, parents finally broke through the police barricade and proceeded to pick up their children," the group said in a statement.

Authorities have warned people in Inner Mongolia against speaking out on social media. Posts on the subject on Weibo, China's Twitter-like platform, have been removed.

But concerns over the directive are still running high with some parents keeping students at home.

On Tuesday staff at a school in Naiman county told the BBC that only around 40 students had registered for the semester in place of the usual 1,000. Some subsequently changed their minds, and only some 10 remained.

They said teachers had been sent out for family visits to convince parents to send their children back to school. But parents, they said, were worried the language change would harm the future of their own language.

China takes action after Inner Mongolia bubonic plague case
Plan for 'first' Inner Mongolian whisky distillery
It has been an unusual display of widespread dissent in the remote grasslands region bordering Mongolia and Russia.

A 32-year-old herder from Xilingol League told AFP he was concerned children would lose fluency in their mother tongue.

"Almost every Mongolian in Inner Mongolia is opposed to the revised curriculum," said the man, who gave his surname as Hu.

Why has China brought in the new policy?
Critics say the Chinese government has been accelerating its push to assimilate minorities despite coming under widespread international criticism for its treatment of minority groups including the mostly Muslim Uighurs in western Xinjiang.

In a statement published on Friday, in an apparent response to growing discontent about the policy, the regional authority in Inner Mongolia referenced the importance of "strengthening national language education in ethnic areas".

The new directive has also seen some people protest in the capital of neighbouring Mongolia, while others expressed their fears for the region from exile.

Speaking to the BBC from Germany, Temtsiltu Shobtsood, chairman of the Inner Mongolian People's Party, an exile group, accused China of "trying to suppress" the Mongolian language.

"The whole world is talking about human rights, but we are not visible enough," he said, adding that the imposition of Mandarin and the majority Han Chinese culture on minorities in Inner Mongolia was a form of "cultural genocide".

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New academic year begins across Mongolia amid COVID-19 pandemic www.xinhuanet.com

The new 2020-2021 academic year of all kindergartens and general educational schools across Mongolia started on Tuesday after months-long closure amid the COVID-19 pandemic.

No more than 25 students are allowed in each classroom at all levels of educational institutions, according to the country's Ministry of Education, Culture and Science.

Children, who wear face masks, have had their body temperature checked and rubbed their hands with sanitizer, are allowed to enter schools and kindergartens.

General educational schools in the capital city of Ulan Bator and capitals of all 21 Mongolian provinces will organize classroom training for three days a week and TV or online classes for the remaining two days a week until Sept. 21.

Schools in rural areas in the country are resuming normal classes.

The country is expected to restart classes for students of vocational training and production centers on Sept. 14, while university students will return to classes on Oct. 5.

All educational organizations in the Asian country have been closed since January as part of the measures to prevent the spread of the pandemic.

As of Tuesday, the country has confirmed 304 COVID-19 cases so far, with no local transmissions and deaths.

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Mongolia requests to join International Solar Alliance www.montsame.mn

Ulaanbaatar /MONTSAME/ Minister of Energy N.Tavinbekh met with Ambassador Extraordinary and Plenipotentiary of the Republic of India to Mongolia M.P.Singh.

At the meeting, Minister N.Tavunbekh said the Government will provide policy support in renewable energy sector and expressed an interest in deepening cooperation between the two countries in hydropower. Mongolia has made a request to join the International Solar Alliance, a joint initiative of India and France.

The Indian Ambassador noted that the countries could cooperate in training and upskilling specialists in the fields of solar and hydro power energy. Moreover, there is a possibility to involve herder mothers in rural areas who use renewables for household in The Solar Mom training program.

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40 firetrucks delivered from Belarus www.montsame.mn

Ulaanbaatar /MONTSAME/. In the framework of the General Agreement on Export Loan between the Governments of Mongolia and the Republic of Belarus, a project is being implemented on enhancing the capacity of equipment for combating disasters.

Within its frames, a total of 14 types of 71 vehicles are planned to be provided. So far, 40 firetrucks and its corresponding tools and equipment have been delivered to the National Rescue Brigade of the National Emergency Management Agency, with preparations for the reception underway.

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Russia ready to provide Mongolia with coronavirus vaccine if trials prove successful www.montsame.mn

Ulaanbaatar /MONTSAME/ Minister of Health T.Munkhsaikhan met with Ambassador Extraordinary and Plenipotentiary of the Russian Federation to Mongolia I.K.Azizov to exchange views on cooperation between the two countries in healthcare sector.

Ambassador I.K.Azizov congratulated Minister T.Munkhsaikhan on his appointment and briefly outlined the Covid-19 situation in Russia, while informing the Health Minister of the efforts and initiatives that have been jointly undertaken by the two sides in healthcare.

He said less than 5,000 cases were recorded in Russia per day over the last 9 days and that the number of new cases has been relatively low in its territories bordering Mongolia and high in Moscow. The Russian side also voiced its readiness to provide Mongolia with 'Sputnik V' coronavirus vaccine if it proves to be a success in trials.

Ambassador I.K.Azizov invited Mongolian healthcare professionals to participate in maternal and child health training sessions at Russian research institutions between this October and December and commended the effectiveness of the Mongolian government’s Covid-19 efforts.

Minister T.Munkhsaikhan concurred with the Ambassador that bilateral relations and cooperation in healthcare have been expanding and noted that the regular participation of Mongolian healthcare workers in the theoretical and practical training sessions held at research institutions in Moscow and Saint Petersburg greatly contributes to the improvement of maternal and child healthcare services in Mongolia.

The Minister thanked the Russian side for providing rapid tests amid the pandemic for hospital pandemic preparedness and infection prevention and informed that the government is now taking precautions to further prevent local transmissions and cope with a local outbreak with least damage possible should any occur and to be fully prepared for seasonal flu.

Moreover, at the meeting, the sides discussed at length the above-mentioned matters and other joint efforts and Minister T.Munkhsaikhan spoke of his plans for the sector.

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Rising export sales push China’s manufacturing activity to near 10-year highs www.rt.com

China’s manufacturing sector expanded again last month at the fastest pace since 2011 thanks to sharp increases in both output and new orders, and a boost in export sales, unseen since last year.
The Caixin/Markit manufacturing purchasing managers’ index (PMI), published one day after Beijing released its official gauge of factory activity, rose to 53.1 in August from 52.8 in July. The reading was above analysts’ forecasts, as those polled by Bloomberg and Reuters expected the index to finish the summer at 52.5 and 52.6 correspondingly. The 50-threshold separates growth from contraction.

“The index has now risen for four months in a row, reflecting that the manufacturing sector continued to recover from the impact of the pandemic, and that the momentum of the recovery remained strong,” Dr. Wang Zhe, senior economist at Caixin Insight Group, said in a commentary accompanying Tuesday's report.

Positive performance of the key sector was driven by expansion of output and new orders, which also saw the most remarkable growth in nearly a decade. The results of the Caixin survey, which is more focused on small- and medium-sized companies, showed that Chinese factories recorded an increase in new export orders for the first time this year as the coronavirus outbreak showed signs of slowdown in some countries outside China.

While employment remains in negative territory for the eighth straight month, in August it edged closer to stabilization, according to the Caixin/Markit data.

The findings of the Caixin survey were slightly more positive than the official manufacturing PMI published by National Bureau of Statistics (NBS) on Monday. According to official data, the manufacturing sector continued to expand last month, by at a slightly slower pace than in July. The official August non-manufacturing PMI showed continued recovery as the service sector expanded at the fastest pace since January 2018.

“Overall, the post-epidemic economic recovery in the manufacturing sector continued. Supply and demand expanded with the pickup in overseas demand. Backlogs of work continued to increase. Both quantity of purchases and stocks of purchased items also grew,” Wang added, commenting on the report.

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AAFT Signed MOU With University in Mongolia www.worldfoundation.co.in

Busan: In a special event-World Education Leaders Forum during World Cultural Camp designed by International Youth Fellowship, a student educational and cultural body having its offices all over the World including India and Mongolia, a Memorandum of Understanding was signed between Asian Academy of Film And Television and Ulaanbaatar Erdem University from Mongolia.

“AAFT is one of the best institutions in the World as far as film, television and media education is concerned. With an experience of 27 years in media education, we will be able to enhance our current courses and can launch more courses of different duration time to come. No body can compete with the qualifications of AAFT,” said Prof. Alima Dorj of Ulaanbaatar Erdem University, Mongolia while signing the MOU.

“We are happy to join hands with Mongolian University. We are already associated to the Republic of Mongolia through H.E. Gonchig Ganbold Ambassador of Mongolia to India in New Delhi. Recently we have also created Indo Mongolia Film And Cultural Forum to promote relation between two countries. The efforts have been blessed by H.E. Khaltmaagiin Battulga President of Mongolia personally during his visit to New Delhi,” said Dr. Sandeep Marwah President of AAFT.

Dr. Sandeep Marwah was invited by the Mongolian University to visit their country to see for himself the day to day affairs of the University.

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Singapore Seeks ‘Quality’ Labor in New Foreign Worker Rules www.bloomberg.com

Singapore will remain “open and connected” as a financial hub even as it tightens restrictions on foreign workers to protect local jobs amid the recovery from the coronavirus pandemic, Trade & Industry Minister Chan Chun Sing said.

New rules to limit foreign worker visas won’t affect Singapore’s status as a business hub, Chan said Friday in an interview with Bloomberg Television’s Haslinda Amin. The city-state is trying to attract higher-skilled workers and will remain open to foreign talent, he said.

“We are making a move toward quality rather than quantity,” he said. “We really want to create more space for people at the very top, but for those jobs that can be done by Singaporeans, it will not require that many foreigners within the country.”

Singapore on Thursday announced an increase in the minimum salaries for employment and S-pass holders, which could make it tougher for firms to hire foreigners over Singaporean applicants. Employment pass holders must now earn S$4,500 ($3,293) a month, up from S$3,900, and S-pass holders must meet a S$2,500 threshold instead of S$2,400.

Singapore’s business community has been under pressure to maintain an appropriate balance of local and foreign workers. Monetary Authority of Singapore Managing Director Ravi Menon said last week the MAS would “intensify” its engagement with financial firms on their hiring practices in order to grow the “Singaporean core.”

Chan said officials are “quietly confident” in the city-state’s economic recovery through year-end, with fiscal stimulus helping to support domestic consumption and enable businesses and workers to shift to new industries. Still, much of the outlook will depend on external demand, he said.

“We are quite happy with the progress that we have made so far,” Chan said. At the same time, “we can’t replace external demand with domestic stimulus.”

Even with the economy expected to improve from the record 13.2% year-on-year contraction in the second quarter, officials have warned that retrenchments and business closures could continue to rise. The jobless rate hit its highest level in the second quarter since the global financial crisis more than a decade ago.

— With assistance by Philip Heijmans, Faris Mokhtar, Anand Menon, and Joyce Koh

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Jeff Bezos is now worth a whopping $200 billion www.cnn.com

Hong Kong (CNN Business)Jeff Bezos was already the world's richest man. Now his net worth has skyrocketed once again, setting another new record.

On Wednesday, the Amazon CEO's wealth reached an estimated $202 billion, according to the Bloomberg Billionaires index, as the company's shares soared. That's up about $87 billion since January.
The explosive growth in Bezos' fortune is being driven by his holdings in Amazon (AMZN). The company's stock is up about 25% over the last three months and 86% so far this year, according to data from Refinitiv.
Bezos, who founded Amazon in 1994, keeps breaking records with his wealth. In 2017, he became the richest person on the planet. And last month, his estimated net worth jumped to almost $172 billion, marking a new global high.

The billionaire isn't alone — other tech tycoons have been getting much wealthier throughout the pandemic as demand for their companies' goods and services continue to grow.
Earlier this month, Facebook (FB) CEO Mark Zuckerberg was dubbed a "centibillionaire," as his wealth surpassed $100 billion. Tesla (TSLA) CEO Elon Musk, with a net worth of $96 billion, is close to achieving that extraordinary status. Microsoft (MSFT) founder Bill Gates has already made it.
And Apple (AAPL) CEO Tim Cook also became a billionaire recently as shares of his company — now the world's most valuable — have soared. Cook is a rare example of an executive who didn't help found their company breaking into the ranks of the super rich.
Though Amazon is Bezos' biggest asset, it's not the only big brand he oversees. Outside the company, Bezos also owns Blue Origin, the space travel company he founded in 2000, and The Washington Post newspaper, which he acquired in 2013.

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Mongolia reports 1 more COVID-19 case, 2 recoveries www.xinhuanet.com

August 27, 2020 (Xinhua via COMTEX) -- Mongolia has reported one more COVID-19 case in the last 24 hours, bringing the nationwide tally to 301, the National Center for Communicable Diseases (NCCD) said Thursday.

The latest case was found in a 35-year-old Mongolian man who returned home from South Korea on a chartered flight last week, Amarjargal Ambaselmaa, head of the NCCD's Surveillance Department, told a daily press briefing.

Meanwhile, two more patients have recovered from the disease, bringing the national couont to 291, Ambaselmaa said.

One of the remaining 10 patients being treated at the NCCD is in serious condition, she added.

All the confirmed cases were imported, mostly from Russia, according to the center.

No local transmissions or deaths have been reported in Mongolia so far.

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