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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New Infrastructure Is Improving Daily Life in Mongolia’s Ger Areas www.adb.org

Daily life is getting better for the family of Otgonchimeg Jambalsuren and others in the Bayankhoshuu ger area in Mongolia’s capital, Ulaanbaatar thanks to new infrastructure built under an ADB project, confinanced with the European Investment Bank.

The new infrastructure, including upgraded heating and sanitation systems, a river embankment, kindergarten, and business incubator center, are making the ger area cleaner, safer, and more environmentally resilient.

Some 840,000 people, 60% of the population of Ulaanbaatar and 30% of everyone in the country, live in these unplanned ger neighborhoods.

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Mongolia evacuates citizens from South Korea over COVID-19 outbreak www.xinhuanet.com

The first flight to evacuate Mongolian citizens from COVID-19-hit South Korea arrived in Mongolia on Sunday (March 15).

The flight landed in the Chinggis Khaan International Airport in the capital city of Ulan Bator with 244 passengers onboard, according to Mongolian Foreign Minister Damdin Tsogtbaatar.

After the suspension of flights due to the epidemic, the Mongolian government planned to evacuate at least 1,000 Mongolians staying in South Korea on four chartered flights, including pregnant women, the elderly and children.

After returning to their home country, the evacuees will spend 14 days in quarantine.

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Re-planning of Ulaanbaatar city's Ger districts discussed www.montsame.mn

Ulaanbaatar /MONTSAME/. On March 12, the Council of the capital city Governor convened to discuss amendments to the regulation on re-planning and construction development of Ger district areas in Ulaanbaatar city. The regulation, which was approved in 2018 by Minister of Construction and Urban Development, allows 35 companies to carry out development projects in 26 locations and 78 partial fields throughout the city.

At yesterday’s meeting, officials of Ulaanbaatar city noted that some project implementing companies encountered several problems, such as failure to reach an agreement with landowners and lack of buyer demand for apartments built within the re-planning. Considering the issues, a working group has developed a draft to make some amendments to the regulation and the council discussed the draft, agreeing to discuss it again at the next meeting.

Also at the meeting, a re-planning of Yarmag, an emerging housing district in the western area of the city, was touched upon. It is planned that the Yaramg’s current Ger district areas will be developed as townhouse districts, and its main streets are planned to have residential apartments and buildings to be served as shops and services.

Ulaanbaatar city municipality reported that a total of 268 ha land area of Ger districts in Khan-Uul district, including the Yarmag, will be re-developed to accommodate 40200 people of 11100 households. A secondary school for 7680 students, a kindergarten for 2880 children and 770-bed hospital are planned in the area.

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Coronavirus 'could cost millions of tourism jobs' www.bbc.com

The global coronavirus outbreak means millions of travel and tourism jobs are at risk, says a leading industry body.

The World Travel and Tourism Council (WTTC) says up to 50 million jobs could be lost because of the pandemic.

Its chief executive, Gloria Guevara, said the outbreak "presents a significant threat to the industry".

The news comes after thousands of international flights were cancelled and some insurance firms suspended travel cover for new customers.

New figures from the WTTC suggest that the travel sector could shrink by up to 25% in 2020.

The trade body is calling on governments to take several steps to protect the industry, including:

Removing or simplifying visas where possible, as well as reducing costs
Relaxing "unnecessary barriers" at ports and airports
Reduce travellers' taxes such as Air Passenger Duty
Increase budgets for promoting travel destinations.
But Ms Guevara added: "Travel and tourism has the strength to overcome this challenge and will emerge stronger."

The tourism industry has been massively affected by the spread of coronavirus, as many countries have introduced travel restrictions in an attempt to contain its spread.

Cruise ship firm Princess Cruises is suspending all operations for 18 months. One of its cruises was kept off the cost of San Francisco for five days after 21 passengers tested positive for the virus.

British Airways, EasyJet and Norwegian Air have all also cut flights in response to the outbreak.

Korean Air even warned that the coronavirus could threaten its survival.

Chinese airline passenger numbers dropped by 84.5% last month, highlighting the huge economic impact on the country where the virus originated.

Its aviation regulator said on Thursday that the drop had caused a 21bn-yuan (£2.35bn) fall in revenue.

Travel industry experts have expressed concerns about Chinese tourists being kept at home.

In the UK, for example, there were 415,000 visits from China in the 12 months to September 2019, according to VisitBritain.

Chinese travellers also spend three times more than an average visitor to the UK at £1,680 each.

As more large-scale events are cancelled and the number of flight cancellations increases, there are fears the industry could take a bigger hit.

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Officials say Ulaanbaatar’s air quality improved since last year www.montsame.mn

Ulaanbaatar /MONTSAME/. On March 12, Corresponding municipal officials of Ulaanbaatar city organized a press briefing to give updates on air quality in Ulaanbaatar and other timely issues.

In January 2020, the government distributed carbon monoxide detectors to all households in Ger districts in Ulaanbaatar city to prevent from carbon monoxide poisoning caused by incorrect use of the ‘smokeless’ refined coal briquettes.

Deputy Head of Ulaanbaatar Specialized Inspection Agency S.Davaasuren mentioned that during the last several days, the Ulaanbaatar Emergency Medical Center received 12 calls about mild poisoning exposure of carbon monoxide, and the inspection officers conducted examination to find that the CO detectors were turned off at the houses of people who were slightly intoxicated. Therefore, he advised the households using coal briquettes not to move or deactivate the CO detectors.

The officials at the press briefing also informed that there were a 63-percent reduction in PM10 air polluting particulates and a 50-percent decrease of PM2.5 fine particulate matter in the air compared to the same period of last year.

As the government has prohibited the use and transport of raw coals in Ulaanbaatar city since last year, corresponding officers have been taking measures to stop any illegal activities related to the raw coal. For instance, 50 kg raw coal that was being carried through a point of entry to Ulaanbaatar was confiscated and legal action was taken against the person responsible.

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Ambassador of South Korea pledges to help evacuation of Mongolian nationals www.montsame.mn

Ulaanbaatar /MONTSAME/. Secretary of State of the Ministry of Foreign Affairs D.Davaasuren today received Ambassador of the Republic of Korea to Mongolia Lee Yeo-hong to introduce about measures being taken by the government of Mongolia to prevent the spread of the novel coronavirus.

At the meeting, Mr. Davaasuren informed that due to the current suspension of all flights to and from Mongolia, the government is working to arrange charter flights to South Korea and some other locations to bring back Mongolian nationals abroad who have reasonable excuses or whose short-term visa is about to expire, upon the State Emergency Commission decision of March 10.

Secretary of State Davaansuren asked support from the Republic of Korea for having the Mongolian nationals to be evacuated tested for coronavirus as demanded by the State Emergency Commission and Ministry of Health of Mongolia. He then put forward a request for cooperation on settling the issues faced by some Mongolian students in South Korea, who may be required student permit renewal.

While praising the prompt measures and efforts being made by the government of Mongolia to contain the coronavirus outbreak, Ambassador Lee Yeo-hong informed that the State Secretary’s requests were urgently conveyed to relevant government organizations of the Republic of Korea, including Foreign Affairs and Health Ministries.

The Ambassador also explained that it may be difficult to organize preliminary testing for Covid-19 for Mongolian nationals returning home unless they show any symptoms in accordance with the existing guideline in South Korea.

However, Ambassador Lee Yeo-hong pledged to give assistance on having them fill out questionnaire on their health conditions, checking their fever and implementing other steps required upon boarding the charter plane.

In conclusion, the Ambassador said that he is working to resolve the Mongolian students’ problem regarding student visa expiration on the basis of equality.

 
 
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Chinese Hackers Are Using The Coronavirus To Go After Mongolia www.buzzfeednews.com

A group of hackers based in China has leveraged the coronavirus crisis to attack the public and telecom sectors in Mongolia by impersonating the country’s foreign ministry, according to cybersecurity firm Check Point.

The attack, which researchers at Check Point dubbed "Panda-19," faked two documents from the Mongolian minister of foreign affairs. The documents were disguised as updates on the prevalence of the coronavirus cases in Mongolia, but opening them would infect the target’s computer with a tool called RoyalRoad, which would take over the devices without users' knowledge.

The hackers, who have not been identified, have been in operation since 2016 — and the outbreak of the virus has not slowed them down.

“It seems like the situation in China hasn't been affecting this group,” Lotem Finkelstein, Check Point's head of threat intelligence, told BuzzFeed News.

“It is still unclear why they were targeting these specific organizations,” Finkelstein said. “But we know that they were trying to steal documents and to remote control these systems.”

Once the attachment in the email was opened and downloaded, malware would control the infected computer, allowing the attackers to take screenshots and steal information. According to Finkelstein, gaining remote access is a “very advanced capability.”

As a result of the Panda-19 attack, Finkelstein said they were able to fingerprint the group, meaning they can now track it further and help thwart future attacks. The Chinese hackers, previously known for their operations in the Eastern Hemisphere, frequently go after high-profile targets like Russian telecom companies and targets in Ukraine and Belarus.

The coronavirus hacking attacks are going to get worse before they get better, Finkelstein said. “We have seen them active for four years with no intention to stop,” he said. “So we believe that they will use the coronavirus situation [because] it is very effective.”

Check Point has also been tracking malicious domain registrations using COVID-19 keywords. Another firm, Reason Cybersecurity, has tracked fake coronavirus tracking websites set up by hackers attempting to infect users with malware. The data is genuine, Hacker News reported — but if users were to download the app, their passwords would be stolen.

Other researchers have also pointed to a high amount of phishing emails using the coronavirus as lures. These attackers have impersonated the CDC, the World Health Organization, and executives or members of HR departments.

“Coronavirus has been exhausting for us,” Sherrod DeGrippo, senior director of the threat research and detection team at Proofpoint, previously told BuzzFeed News.

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Health Alert: Potential Evacuation Flights for Foreign Citizens in Mongolia Affected by COVID-19-related Travel Restrictions www.mn.usembassy.gov

On March 11, 2020, the Mongolian government informed the U.S. Embassy in Ulaanbaatar that it intends to offer a limited number of seats on potential evacuation flights to foreign citizens wishing to depart Mongolia.

On March 11, 2020, the Department of State allowed for the voluntary departure of non-emergency U.S. Government employees and ordered the departure of their family members under 21 years of age due to travel, transport, and other restrictions related to Mongolia’s response to the ongoing outbreak of COVID-19 (the “novel coronavirus,” also known as the disease caused by SARS-CoV-2).

On March 10, 2020, Mongolia suspended all inbound travel from foreign locations until at least March 28. The final commercial flights in and out of Mongolia occurred on March 11. All, commercial flights, passenger rail, and auto traffic into and out of Mongolia are suspended during this time period. The Mongolian Ministry of Foreign Affairs will facilitate repatriation of foreign nationals via vehicle border crossings into Russia until March 31, however, the mechanism to do so remains unclear at this time. Travelers should not rely on this border crossing.

The Mongolian government has informed the U.S. Embassy in Ulaanbaatar that it intends to offer a limited number of seats on potential evacuation flights to foreign citizens wishing to depart Mongolia. The exact number, destination(s), and departure date(s) of these flights is not yet known. The Mongolian government has informed us that these flights will be operated as charter flights and passengers are expected to pay for transport. The exact mechanism or amount of payment is currently unknown. Passengers will also be responsible for arranging their own onward transportation from the point of evacuation and may be subject to varying screening measures in place at their chosen evacuation destination. Currently there is no guarantee that these flights will take place. The U.S. Embassy in Ulaanbaatar is collecting information on interested passengers in order to pass their information on the Mongolian government. The Mongolian government will then work with interested passengers on further details.

The United States government is not sponsoring or otherwise endorsing the potential flights organized and chartered by the government of Mongolia. The U.S. Embassy in Ulaanbaatar is nevertheless making this information available to potentially interested U.S. citizens, and is prepared to liaise with the Mongolian government to facilitate travel information for individual private U.S. citizens and their families who decide to avail themselves of this avenue for departing the country.

United States citizens interested in departing on these flights and who are in possession of a valid passport should contact UlaanbaatarCoronaVirusEmergency@state.gov. There is no need to call the Embassy to confirm receipt of your email; you will be contacted. In your email please provide the following:

Full name
U.S. passport number
Date of birth
Gender
Email address
Phone number
A photograph of the biographical information page of your passport
United States citizens without a valid passport but who wish to express interest in the flights should send the above information and refer to their most recent expired passport. If you do not have a valid passport you should clearly indicate this in your email. You will be contacted with information on how to obtain an emergency passport.

Individuals who avail themselves of this transport will be subject to entry and exit and health requirements at the plane’s arrival country. If that is the United States, passengers will be subject to CDC screening, health observation, and monitoring requirements upon reentry to the United States. For additional questions, visit the Centers for Disease Control and Prevention’s COVID-19 Information for Travel page.

For more information regarding the COVID-19 situation in Mongolia and preventative measures imposed by the Mongolian government please visit the U.S. Embassy in Mongolia’s COVID-19 Information page and review the current Travel Advisory.

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Mongolia leads in organizing TV classes for children www.montsame.mn

Ulaanbaatar /MONTSAME/. In correlation with the spread of the novel coronavirus, most countries of the world have closed schools and kindergartens. For this reason, currently 29 countries are bringing the classes online.

Due to the virus, a total of 584 million children are staying at home worldwide, and the countries of Mongolia, China, and Korea are leading in organizing TV classes for children, highlighted Deputy Minister of Education, Culture, Science, and Sports G.Ganbayar.

Co-produced by the Ministry of Education, Culture, Science, and Sports, and the Mongolian TV Channels’ Association, online and TV classes for children in kindergartens and secondary schools are successfully being broadcast across the country.

This week, TV classes for the General Entrance Exams have begun to be broadcast on the channels of the Mongolian TV Channels’ Association.

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Gold price drops more than $80 an ounce www.mining.com

Gold could not escape the carnage on global financial markets on Thursday as the growing panic about the spread of coronavirus infections outside China saw the precious metal suffer one of its worst one-day drops on record.

Gold for delivery in April dropped at the open on the Comex market in New York and kept declining – hitting a day low of $1,560.40 an ounce just before midday, down $81.90 an ounce or 5% compared to Wednesday’s close.

In early afternoon trade the price climbed back above the $1,600 level, before weakening again to trade $70 down by 4:30pm with 55 million ounces of gold changing hands.

On Monday gold hit a seven-year high of $1,704.30 an ounce and remains up $37 year-to-date on the back of record-breaking ETF buying. Global gold-backed ETFs had $4.9 billion or 84.5 tonnes of net inflows in February, boosting holdings to new all-time highs of 3,033 tonnes.

Wild swings
Thursday was the biggest intra-day drop in the price since April 15, 2013 when gold was also trading in the mid-$1,500s. Gold ended that day more than $87 below the previous closing – and never recovered on its way to $1,050 an ounce three years later.

In that session, 10 million ounces traded within 30 minutes – described as a “shock and awe” trading strategy by a short seller.

Gold hit a record $1,909 an ounce intra-day on 23 August 2011, but the next day suffered one of its few triple digit one-day losses when it plummeted $105, ending the week down more than 10% from the all-time high.

Adjusted for inflation, gold’s highest price point ever was on January 21, 1980 when the precious metal hit $850, only to plunge the very next day to $737.50, a 13% fall.

The biggest fall in percentage terms came in February 1983, when the yellow metal fell from $475 to $408.50 over two days, a 14% decline.

 
 
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