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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Russian airlines turn to Mongolian MRO provider for heavy checks www.news.mn

MIAT MRO, the maintenance arm of Mongolia’s state-owned national carrier Mongolian Airlines (MIAT), has added two more Russian customers to its portfolio. In late 2018, the Mongolian company completed a C-check on a Boeing 767 operated by charter leisure carrier Royal Flight and, at the beginning of the year, redelivered a Boeing 737-800 to Yakutia Airlines after a C-check.

Speaking to a Russian Aviation Insider on the side-lines of the on-going MRO Russia & CIS 2019 convention, MIAT MRO’s technical director Ayush Tuvd also mentioned that the company has had a positive experience with Russia’s Utair Airlines, and that cooperation has extended to this year as well. Alrosa Airlines, another Russian carrier, called upon MIAT MRO for special assistance with the opening of a line maintenance station at Sanya, China.

MIAT MRO has two maintenance hangars at Ulaanbaatar Airport (IATA: ULN) that are capable of handling a wide-body and two narrow-body aircraft simultaneously. The company employs some 150 people and its capacity increased by 20 percent last year compared to 2017, reaching 120,000 man-hours.

Under its own EASA Part 145 approval, MIAT MRO has commenced maintenance services on the Boeing 737MAX which was recently delivered to its Mongolian Airlines parent. (Insider)

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From Kenya to Mongolia (and even in Paris!), Manchester United fans go wild after dramatic win against PSG www.dailymail.co.uk

Manchester United are renowned for their global fanbase and it came to the fore on Wednesday night.

Ole Gunnar Solskjaer and his players managed a dramatic 3-1 win against Paris Saint-Germain at the Parc des Princes to become the first team to overcome a 2-0 home-leg deficit in Champions League history.

And around the globe, supporters of the Red Devils — which United claimed totalled 659million people in 2013 — went crazy in celebration of the huge victory.

Footage emerged from the streets of Kenya showing United fans congregating on the road to celebrate the win.

And a group of fans known as the 'United Diehards' also stuck together after the win and walked through the streets near Kenyatta University in Nairobi to celebrate the game.

It was not just in Kenya that fans went wild, though.

Social media posts also showed French and English fans who had not managed to get a ticket to the game celebrating together in a bar in Paris.

But they all went wild when the ball hit the back of the net in the fourth minute of added time.

Elsewhere, United fans in Mongolia had gathered in the early hours of the morning at a bar to watch their favourite team.

Again, they all celebrated together when United confirmed their progression to the quarter-final stage of the competition.

There was also brilliant footage from the away end on Wednesday night, with the players going over to celebrate with the fans.

It seemed as though the likes of Scott McTominay were also singing Solskjaer's name as they celebrated with their supporters.

Paul Pogba, who missed the game through suspension, went over to the travelling fans and shook hands with them after the final whistle too.

Solskjaer seemed confident that those fans will have more to celebrate over the course of the campaign.

When asked whether they can win the Champions League, he answered: 'Of course, we fancy ourselves.

'We can go all the way but we just have to wait for the draw and take the game as it comes.

'We always believed, that's the thing. This is what we do. That's Man United. The belief in the boys was what we hoped for.

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Women in Mongolia earn less than men www.xinhuanet.com

ULAN BATOR, March 7 (Xinhua) -- The majority of women in Mongolia are paid less than men, with the gender pay gap in the country reaching over 25 percent, the country's National Statistics Office (NSO) said on Thursday.

There are 1,646,600 women living in Mongolia, of which 583,400 are employed, with an average monthly salary of 910,000 Mongolian tugriks (about 345 U.S. dollars), data from the NSO on the occasion of International Women's Day showed.

The average wage gap between women and men in the country is over 25 percent, and one in five Mongolian women has a university degree, according to the NSO.

In addition, the average life expectancy for Mongolian women is around 76 years, which is almost 10 years longer than men.

The median age for marriage for women in Mongolia is 26, and they give birth three times on average, the statistics showed.

Since 1957, Mongolia started awarding the Order of Maternal Glory to mothers who give birth to four or more children and ensure due care for their health, education, physical, spiritual and moral development.

There were over 220,000 awardees of the Order of Maternal Glory in Mongolia as of 2018.

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Turquoise Hill to announce fourth quarter and full year 2018 financial results on March 14, 2019 www.turquoisehill.com

Turquoise Hill Resources will announce its fourth quarter and full year 2018 financial results on Thursday, March 14, 2019
after markets close in North America.
The Company will host a conference call and webcast to discuss fourth quarter and full year 2018 financial results on
Friday, March 15, 2019 at 9:00 am EDT/6:00 am PDT. The conference call can be accessed through the following dial-in
details:
North America: 210 229 8839 | 844 815 4964
International: +1 210 229 8839
The conference call will also be simultaneously webcast on Turquoise Hill’s website at www.turquoisehill.com. An archived
playback of the call will be available on the Company’s website.

 
 
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Eleven issues to be resolved during emergency regime www.montsame.mn

In regard with the emergency regime set at Erdenet Mining Corporation, head of the Cabinet Secretariat of Government L.Oyun-Erdene was interviewed on March 6.

- Nine officials have been just released from their duties and their rooms have been sealed. Does it mean that powers of these officials are being transferred into the Government?

-An emergency regime has been set to stop disturbance to conduct normal operations of Erdenet Mining Corporation (EMC) and make changes in its structure and composition as the Board of Director of EMC is incapable to function. It makes troubles to resolve debt issues regarding Standard Bank. Moreover, the EMC is unable to conduct its business plan normally, expend money and resolve staff issues. Since it is a vital issue concerning the national security of Mongolia and budget, the Government issued a resolution to set emergency regime.

Government is responsible to implement parliamentary resolutions. In other words, the Parliament issued a resolution No:23 that instructs the government to resolve disputes by means of negotiations. To resolve the disputes, it necessitated to conduct an intelligence operation within relevant laws because there are many issues arisen regarding how much money the Trade and Development Bank spent, how much of it was taken from the State, by what financial sources the 49 percent shares of EMC was purchased, and why then-Government was preferential without having the stake purchase matter discussed at the Parliament. Now, it is under scrutiny to make them clear. There is also an issue of financial scheme. Earlier, a working group of the Parliament worked on this matter. According to unclassified documents that the working group has had or documents that the Government and BoD of Erdenet obtain, it evidenced that the funding was made from five sources. However, there are many unclear things. There are some issues need to be investigated and issues in connection with money laundering. For instance, there are cases that some companies were given preference when making the agreement of supply and selecting bid, and that have not executed their duties given by the agreement. Therefore, some rooms of EMC have been sealed to inspect such issues.

-How will the emergency regime influence on EMC’s operations?

-It will not affect normal operation of EMC. The Government used to implement emergency regime before. For EMC, it will be for six months. If the issues are not resolved within this period, the Parliament has the right to extend the period.

- Will somebody be appointed instead of the officials released from their posts?

-First of all, its structure has become quite compact. There will not be anyone on these positions for six months. No one will be appointed. Moreover, the EMC’s Board of Director will not call its meetings. During this period, we will urgently resolve 11 issues. There are many other issues such as debt to Standard Bank and signature forgery.

BY ORKHON

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Mongolia to chair WTO TRIPS Council www.news.mn

Ulaanbaatar /MONTSAME/ Ambassador and Permanent Representative of Mongolia to the World Trade Organization L.Purevsuren was appointed as chair of the WTO Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS Council), one of the three subsidiary bodies of the organization.

In its meeting on February 28, the WTO General Council agreed on the slate of names for chairpersons to WTO bodies who will preside the councils for a year.

The WTO TRIPS Council is responsible for monitoring the operation of the Agreement on Trade-Related Aspects of Intellectual Property Rights, an international legal agreement between WTO and is member states, in particular, the member’ compliance with their obligations.

 
 
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Czech Republic to help Mongolia’s renewable energy sector www.news.mn

Minister of Energy of Mongolia Ts.Davaasuren has made a working visit to the Czech Republic at the invitation of Czech Minister of Industry and Trade Marta Novakova.

During the visit, Mr. Davaasuren held an official meeting with Ms. Marta Novakova, at which the parties expressed their interest in developing bilateral cooperation in the energy sector, especially in the field of renewable energy. Of particular interest is constructing a hydropower plant; views were also exchanged on power generation and , increasing the capacity of energy grid. A programme for conducting joint research is being planned.

Energy Minister Davaasuren also held a meeting with Senator Mr. Jaroslav Doubrava and exchanged views on cooperation opportunities of energy sector.

Mongolian delegation headed by Mr. Davaasuren visited ‘ZPA Smart Energy’ Company which is already implementing smart electricity meters and modern metering system at ‘Ulaanbaatar Electricity Distribution Network’ Company. At ZPA the sides shared views on further cooperation in reducing energy loss and strengthening reliable network operation.

As a part of the visit, the delegation was shown the Les Kralovstvi hydropower plant on the River Elba in operation

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KFC poisoning: US experts finally sent to Mongolia www.news.mn

Almost a month has passed since numerous people were struck down with serious food poisoning at a branch of KFC in Ulaanbaatar. A total of 247 people became ill on 10 February after consuming chicken products from the same KFC outlet in Zaisan – a well-off suburb tin the south of Ulaanbaatar. 42 people of those victims have undergone treatment in the National Centre for Communicable Diseases (NCCD). After the incident, two delegates from the U.S. fast food company have been sent to Ulaanbaatar. Facility personnel and standard analysis expert from Yum! Brands Inc which owns the Kentucky Fried Chicken brand arrived in Ulaanbaatar last week in order to study the review made by General Agency for Specialized Investigation. According to E.Zolbayar, marketing manager of KFC Mongolia, the specialists will come again to Ulaanbaatar next week for supporting the branch’s operation.

Currently, Zaisan KFC has been closed. The question remains, how hard has public confidence in Colonel Sanders been hit and what compensation will Yum! Brands be providing for the victims of the food poisoning?

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President sends official letter regarding the agenda of the Extraordinary Session of the Parliament www.montsame.mn

Ulaanbaatar/MONTSAME/ On February 20, President of Mongolia Khaltmaagiin Battulga sent an official letter to Chairman of the State Great Khural G.Zandanshatar about summoning an extraordinary session of the Parliament. In this regard, President Battulga sent an official letter to the latter regarding the agenda of the extraordinary session today, March 6.

In the official letter, President Battulga proposed some matters to be included in the agenda of the extraordinary parliamentary session. These matters concern the release of the Director and Deputy Director of the Independent Authority Against Corruption from their duties on account of expiry of their terms in office and appointment of their successors, consultation regarding the appointment of the Chief of the General Staff of the Mongolian Armed Forces, and consultation regarding the appointment of the Deputy Prosecutor General on account of expiry of the incumbent’s term on January 8th, 2019.

The official letter says, “In accordance with provisions in the Section 3 of Article 16 of the Law on the State Great Khural of Mongolia, which states that the President … will submit his proposals on summoning an extraordinary session of the State Great Khural and on agenda of the extraordinary session to the Chairman of the State Great Khural, I request you to resolve this matter in compliance with the corresponding procedure.”

source: president.mn

 
 
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The President of Mongolia calls for the establishment of the Regional Energy Organization in North East Asia www.bcmongolia.org

On 1 March 2019, the Business Council of Mongolia (BCM) co-organized with the Ministry of Energy, and the Asian Development Bank (ADB) an international conference on “Northeast Asia Regional Power System Interconnection”. The conference was held under the auspices of the President of Mongolia H.E. KHALTMAA BATTULGA. The following business associations and non-governmental organizations supported the conference, the Asia Super Grid Mongolia Association, the Mongolian Renewables Industries Association, and the Energy Association of Mongolia.

BCM Chairman B.Byambasaikhan and vice-chair of the Energy, Infrastructure and Connectivity Working Group Ts.Tumentsogt welcomed the President to the international conference attended by 300 participants, including the ambassadors and trade representatives from Australia, Belorussia, Bulgaria, Canada, China, Czech Republic, European Union, France, Germany, Hungary, India, Kazakhstan, Laos, Russia, the United Arab Emirates, Kingdom, United States, and Vietnam, representatives of the United Nations, speakers and experts from China, France, Japan, South Korea, and Russia.

In his opening remarks(click to read the speech) President Battulga noted “Mongolia not only has a high level of political understanding with our neighboring and regional countries, but we do not have any dispute with any country at the international level. Mongolia has the necessary prerequisites to successfully implement this project.” The President reiterated his call for the creation of the regional organization to implement this progressive initiative.

The ADB Country Director Yolanda F. Lommen highlighted the importance of Mongolia’s potential to supply clean and reliable energy to the region. Gurbuz Gonul, Director of the International Renewable Energy Agency (IRENA) presented its report on “New World: the Geopolitics of the Energy Transformation”. The purpose of international conference was to present countries’ perspectives in North East Asia to develop a regional mechanism for the Northeast Asian power system integration (NAPSI).

Experts presented their view on a strategy and an action plan roadmap for the NAPSI benefiting from Mongolia’s vast energy resources. During the Panel discussions, country representatives expressed their interest in the realization of the Northeast Asia Super Grid Project. Members from international organizations such as IRENA, United National Economic and Social Commission for the Asia and Pacific, and the Energy Charter remain optimistic of the long-term potential for energy export from Mongolia.

During the Panel discussions, country representatives expressed their interest in the realization of the Northeast Asia Super Grid Project. Members from international organizations such as IRENA, United National Economic and Social Commission for the Asia and Pacific, and the Energy Charter remain optimistic of the long-term potential for energy export from Mongolia. Research organizations also emphasized that renewable energy exports from Mongolia will be highly profitable for the region and that Mongolia should continue to actively partake in the realization of this initiative.

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