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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12th policy consultation on environment between Mongolia and Japan held www.montsame.mn

Ulaanbaatar /MONTSAME/. The 12th policy consultation on the environmental sector between Mongolia and Japan took place today on December 20.

The annual consultative meeting was attended by officials led by Deputy Minister of Environment and Tourism of Mongolia Ts.Batbayar and Vice Minister for Global Environmental Affairs at Minister of Environment Yasuo Takahashi.

At the meeting, as according to the memorandum on environment between the ministries of the two countries, issues such as reducing and adapting to climate change, management of special protected areas, tourism, environmental protection, dust and sandstorm, air pollution monitoring and improving environmental protection, were discussed.

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ADB funds to transform shanty towns in Mongolia's capital www.xinhuanet.com

ULAN BATOR, Dec. 20 (Xinhua) -- The Mongolian government on Thursday signed agreements with the Asian Development Bank (ADB) on 76 million U.S. dollars in loans mainly to transform the shanty towns in the capital.

The funds will also be used to build wastewater treatment plants in the capitals of five provinces of the landlocked East Asian country as well as to strengthen national measures to prevent and respond to domestic violence.

The deals were signed here by Mongolian Finance Minister Khurelbaatar Chimed and ADB country director for Mongolia, Yolanda Fernandez Lommen.

Of the loan agreements, the first grant of 53 million dollars is earmarked for improving the living conditions in the ger districts or shanty towns in Ulan Bator, by building 10,000 homes in 20 new environmentally friendly districts, with good services, green spaces, shops and job opportunities.

"A third of the Mongolian population of 3.2 million live in the ger districts and suffer from poor sanitation, inadequate solid waste management, and limited water supply, which pose health and environmental hazards," Lommen said, adding the project will provide sustainable and comprehensive solutions to transform ger districts into affordable, low-carbon, and livable eco-friendly areas.

In the country's first single project to address domestic violence, 3 million dollars in funds will be directed at strengthening the nationwide prevention and response to domestic violence against women and children, a critical issue in the country with serious social and economic implications.

"The national study revealed that women aged between 25 and 49 experienced the highest rates of domestic violence resulting in loss of work days and income in addition to physical and psychological damage," said Lommen.

The country director added that the project, financed by the Japan Fund for Poverty Reduction, aims to build shelters in three provinces and two districts, develop institutional capacity, and empower the victims economically.

In the third loan agreement, 20 million dollars will be used to help expand the existing wastewater treatment projects to an additional five provincial locations in Mongolia. The towns are Baruun-Urt, Bulgan, Chinggis, Mandalgovi and Murun, which have a total local population of 115,000.

The planned new wastewater treatment facilities each with a daily operating capacity of 3,000 cubic meters will replace outdated, inefficient treatment systems that are inadequate for the extreme climate in Mongolia, the ADB said.

The bank will also invest in vacuum evacuation trucks to improve the sanitation in ger districts and prevent underground and surface water pollution. This project is expected to be completed by the end of 2021.

Mongolia joined the ADB in 1991, and the bank has since provided assistance worth a total of 2.4 billion dollars to the government of Mongolia, Lommen said.

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Miners are budgeting for a recovery in copper www.mining.com

Don’t listen to what miners say. Look at what they do.

That’s good advice for working out the long-term direction of commodities prices. Ask mining companies which of their mineral assets will see good long-term demand and they’ll naturally answer, “All of them.” But a look at spending can give the lie to that rosy outlook – and highlight the times when they’re putting their money where their bullish mouths are. The recent gloomy outlook for copper may not last

Right now, that suggests that the recent gloomy outlook for copper may not last. More than a third of capital spending by big diversified miners is being dedicated to the metal at the moment, up from levels of 20 percent or less earlier in the decade. That represents a substantial bet that forecast deficits for copper over the next decade will indeed materialize. Aluminum, zinc, and platinum-group metals are currently running red-hot, too – but iron ore, petroleum and fertilizers seem to be fatally out of fashion.

To get an idea of where mining executives are allocating their capital, we’ve combed through the past five years of reports from the eight major diversified miners that have a real choice of where they spend their money – BHP Group, Rio Tinto Group, Vale SA, Anglo American Plc, Glencore Plc, South32 Ltd., Vedanta Resources Plc and Teck Resources Ltd.

The trend underlying all this is the way capital spending collapsed after the boom in the early part of this decade, and is yet to show strong signs of recovery. Mining executives are still donning the sackcloth-and-ashes of “disciplined capital allocation,” which they took up to atone for the vast sums of wasted cash during the market’s last peak.

(By David Fickling and Elaine He)

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Inner Mongolia reports fast industrial growth since 1978 www.xfafinance.com

Inner Mongolia Autonomous Region, China's leading coal and dairy producer, has seen its industrial sector taking off since China implemented the reform and opening-up policy 40 years ago, according to the local government.

The industrial added value of the region increased from less than 2.2 billion yuan (320 million U.S. dollars) in 1978 to 510.9 billion yuan in 2017, the region's industry and information technology department said in its latest update.

The region has been a major producer of coal, calcium carbide, and monocrystal silicon in China. Mengniu Dairy and Yili Group are heavyweights in the dairy sector.
The region's coal production capacity exceeded 1.33 billion tonnes in 2017, ranking first in China.

But in order to reduce its over-reliance on coal, the region has managed to raise the value of non-coal industries, such as wind and solar power generation, to account for 75 percent of its total industrial growth in 2017, the department said.

The region's installed electricity capacity reached 118 million kilowatts last year, ranking second in the country. During the 1978-2017 period, the region's power generation increased by 116 times.

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Kuwait ready for full cooperation with Mongolia www.news.mn

During his official visit to the State of Kuwait, Minister D.Tsogtbaatar made courtesy calls on Emir of Kuwait Sabah Al-Ahmad Al-Jaber Al-Sabah and Prime Minister Jaber Al-Mubarak Al-Hamad Al-Sabah.

Delivering greetings from the President of Mongolia Kh.Battulga to Emir Sabah Al-Ahmad Al-Jaber Al-Sabah, the Minister highlighted friendly relations of Mongolia and Kuwait based on mutual respect and support of the two countries during difficult times.

Emir of Kuwait Sabah Al-Ahmad Al-Jaber Al-Sabah said that he considers Mongolia as close friend and expressed readiness to fully support expansion and development of bilateral cooperation.

Foreign Minister D.Tsogtbaatar presented the Order of the Polar Star to Kuwaiti citizen Badr Al-Baijan on behalf of the President of Mongolia.

The Kuwaiti Government has granted aid for several construction projects in Mongolia such as a National Burns Centre and the renovation of Undurkhaan airport in Khentii Province.

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Meat export grows 62.9 percent yoy to USD 70 million www.zgm.mn

In the first 11 months of 2018, meat exports totalled USD 70 million, which is a 62.9 percent growth year over year and 5 times higher compared to the same period of 2016.

In specific, mutton and goat meat exports grew the highest, surging 36 times within two years. According to the Deputy Minister of Food, Agriculture and Light Industry Saule Janimkhan, small animals are the majority in the livestock herd with sheep account for 45.4 percent of total livestock and goat - 41.2 percent.

Mr. Saule views that the imbalance of livestock is disrupting proper balance, degrading pasture and ultimately reducing the capacity and efficiency of animal husbandry directly. He then highlighted that there is a capacity of increase export to about 180,000 tons by limiting the pasture carrying capacity and herd rotation.

Additionally, economists highlighted the diversification at the Finance Forum 2018 and specified the increasing export of agricultural goods.

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MP Singh appointed as new Indian Envoy to Mongolia www.newsmobile.in

New Delhi: The Ministry of External Affairs here on Wednesday appointed Mohinder Pratap Singh as the next Ambassador of India to Mongolia.

Mohinder Pratap Singh is presently Director at the headquarters of the ministry.

Singh also served for a long time in MEA’s protocol division and was known for his deft handling of many Presidential and PM’s visits. He was also posted in the UK and Canada

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The best and the worst MP’s of 2018 www.news.mn

The top ‘political survivor’ of 2018 on the list of the best and the worst Mongolian lawmakers is Prime Minister U.Khurelsukh, whilst, the very worst is Speaker of Parliament M.Enkhbold. The list of the ‘best and the worst’ was announced at the Congress of the ruling Mongolian People’s Party (MPP), which was held today (19 December) at Independence Palace with 66.7 percent attendance of the 396 members.

Ratings of the MPP has been falling among its members, not to mention the general public, however, its leader U.Khurelsukh receives much support after surviving parliamentary attempt to sack him earlier this month. PM U.Khurelsukh has promised to clean up the party as well as the Mongolian government. On the other hand, the ratings of Speaker M.Enkhbold has have plummeted drastically since the MPP took power and he now leads the nomination of the country’s 10 worst lawmakers

Minister of Justice Ts.Nyamdorj was named as second in both best and worst lawmakers’ lists. Populist lawmaker and former singer S.Javkhlan was named as third in the best lists. MP D.Oyunkhorol was named as third in the worst list.

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Additional payment to be given to state administrative and service servants www.montsame.mn

Ulaanbaatar/MONTSAME/ At its regular meeting today, the Cabinet approved some regulations concerning issuance of additional pays to state administrative and service servants.

Aimed at implementing the revised Law on Public Service, the Cabinet approved the regulations on additional payment to state administrative and service servants; additional for doctoral degree and professor titles; skill-based additional pay to service servants; additional for service servants for rural mission; and additional of employment conditions for health sector’s workers.

Additional pay of 5 percent will be issued to those who have worked in public service for 6-10 years, 10 percent -- 11-15 years, 15 percent --16-20 years, 20 percent --21-25 years, and 25 percent -- for over 26 years.

Moreover, additional pay will be also given to those who worked overtime at the request of employer or during public holidays and weekends.

The regulation on issuing additional pay based on the period of serving in public service will come into effect from January 1, 2020. Other regulations will be effective from January 1, 2019.

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New airport expected to be operational in July, 2019 www.montsame.mn

Together with his cabinet members, Prime Minister U.Khurelsukh yesterday got acquainted with construction progress of the New Ulaanbaatar International Airport being built in Khushig Valley of Tuv aimag. Ambassador of Japan to Mongolia M.Takaoka and representatives of Japanese investor companies and entities were invited to the event.

While expressing the Government’s interest to commission the New Ulaanbaatar International Airport in July, 2019 on the occasion of the National Naadam Festival, PM U.Khurelsukh claimed that the Government will render support on fulfilling works for which the Government of Mongolia is responsible at high level of quality, resolving necessary investment promptly and establishing concession agreements within schedule.

“In any business participant parties working under joint management should follow win-win approach. Our government has already introduced its decision to operate the new airport under 51:49 management agreement. Therefore, I assign the two parties to establish the agreement within January, 2019, showing mutual trust to each other, “ PM U.Khurelsukh added.

Furthermore, Minister of Finance Ch.Khurelbaatar informed that the funding to be financed from state budget will be allocated without any in 2019 as it has been fully reflected in the Law on 2019 State Budget.

According to the agreement, total sum of the construction works is JPY 49.5 billion and additional works cost JPY 5.9 billion. The contractor undertook duty to hand over a total of 32 works including 23 buildings and 9 facilities and equipment and approval works by the state commission is running at 98.9 percent.

Construction of the highway to the airport is running with 86 percent performance and it is expected to be completed in April, 2019.

When the New Ulaanbaatar International Airport puts into operation, in July 2019 according to the talks held by Prime Ministers of Mongolia and Japan, Mongolia will have world-standard international airport, covering 54.000 square meter of area and having capacity to receive 3 million passengers a year as well as connected with Ulaanbaatar city with 6-lane highway.

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