1 MONGOLIA’S RENEWABLE ENERGY POTENTIAL TO ATTRACT GREATER INVESTMENT WWW.MONTSAME.MN PUBLISHED:2019/08/22      2 STATE POLICY ON TOURISM APPROVED IN MONGOLIA WWW.AKIPRESS.COM PUBLISHED:2019/08/22      3 USING GPS, FAO TO TRACK HERDS IN MONGOLIA TO HELP MONITOR INFECTIOUS DISEASES WWW.FAO.ORG PUBLISHED:2019/08/22      4 STATE SPECIAL PROTECTED AREA TO BE EXPANDED WITH 1.3 MLN HECTARES WWW.MONTSAME.MN PUBLISHED:2019/08/22      5 GOVERNMENT SUSPENDS 13 MINING LICENSES OF MONGOLIAN BUSINESSMAN WWW.NEWS.MN PUBLISHED:2019/08/22      6 KHUVSGUL LAKE NATIONAL PARK – TOURIST OPERATORS FACE REGULATION WWW.NEWS.MN PUBLISHED:2019/08/22      7 WHAT IS THE POPULATION OF MONGOLIA? CENSUS PREPARATION UNDERWAY. WWW.NEWS.MN PUBLISHED:2019/08/22      8 SERVICE SECTOR SPURS ECONOMIC GROWTH WWW.ZGM.MN PUBLISHED:2019/08/22      9 LENDMN TAPS INTO KOREAN MARKET WWW.ZGM.MN PUBLISHED:2019/08/21      10 KIM BYOUNG JOON LEDAS VARICOSE VEIN CLINIC ENTERS MONGOLIA WWW.WWW.KOREABIOMED.COM PUBLISHED:2019/08/21      МОНГОЛЫН НООЛУУРЫН КОМПАНИУД ОЛОН УЛСЫН ҮЗЭСГЭЛЭНД ОРОЛЦЛОО WWW.MONTSAME.MN  НИЙТЭЛСЭН:2019/08/22     УЛСЫН ТУСГАЙ ХАМГААЛАЛТТАЙ ГАЗРЫГ 1.3 САЯ ГА-ГААР НЭМНЭ WWW.ZGM.MN  НИЙТЭЛСЭН:2019/08/22     МАХНЫ ҮНЭ ӨССӨНД ЭКСПОРТ БУРУУГҮЙ WWW.ZGM.MN  НИЙТЭЛСЭН:2019/08/22     ҮЙЛЧИЛГЭЭНИЙ САЛБАРЫН “ТЭСРЭЛТ” ДНБ-ИЙН ӨСӨЛТИЙГ ТҮЛХҮҮРДЭВ WWW.ZGM.MN НИЙТЭЛСЭН:2019/08/22     ЖИЛ БҮРИЙН НАЙМДУГААР САРД ИМПОРТ ХЭРХЭН ӨСДӨГ ВЭ? WWW.IKON.MN  НИЙТЭЛСЭН:2019/08/22     НИЙГМИЙН ДААТГАЛЫН САНГИЙН ОРЛОГО 253.8 ТЭРБУМ ТӨГРӨГӨӨР ӨСЖЭЭ WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/08/22     ТӨМӨР ЗАМЫН ТЭЭВРИЙН ОРЛОГО 402.3 ТЭРБУМ ТӨГРӨГ БОЛЖЭЭ WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/08/22     АНУ-ЫН ОЛОН УЛСЫН ХӨГЖЛИЙН АГЕНТЛАГААС МОНГОЛ УЛСАД ГУРВАН САЯ АМ.ДОЛЛАР ОЛГОНО WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/08/22     ЭНЭ ОНД МАНАЙ УЛСЫН ДЭЛХИЙН 141 УЛСТАЙ ХУДАЛДАА ХИЙЖЭЭ WWW.UNUUDUR.MN  НИЙТЭЛСЭН:2019/08/21     ИНТЕГРАЦЧЛАЛД ХАМГИЙН ЭМЗЭГ ОРНУУДЫН НЭГ НЬ МОНГОЛ УЛС WWW.ZGM.MN  НИЙТЭЛСЭН:2019/08/21    

Events

Name organizer Where
ЧЕХ-МОНГОЛЫН БИЗНЕС УУЛЗАЛТ, СЕМИНАР Embassy of the Czech Republic Sky Plaza center
56TH ANNUAL ACADEMY OF AMERICAN AND INTERNATIONAL LAW The Academy of American and International Law Plano Texas USA
SYMPOSIUM ON GLOBAL MARKETS Nationalism and Protectionism: The United States in the International Arena June 17-18, 2019 The Center for American and International Law Plano, Texas, USA The Center for American and International Law (CAILAW) Plano Texas June 17-18 2019

NEWS

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Mongolia’s renewable energy potential to attract greater investment www.montsame.mn

Ulaanbaatar /MONTSAME/. On the first day of the Boao Forum for Asia Ulaanbaatar, B.Byambasaikhan, Chairman of the Board of Directors of the Business Council of Mongolia delivered a presentation on the business and investment opportunities in Mongolia. “The Boao Forum for Asia international event being held in Mongolia is not a coincidence. Mongolia’s presence on the platforms of the Asia and the Pacific region is regularly increasing and its relations with its southern neighbor, China are developing on a higher level. I believe, for the purpose of maintaining this relationship stable, economy and businesses of the two countries should be more open to local business companies, which will result in successful accomplishment of infrastructure and other projects” he said. Chairman B.Byambaikhan also emphasized about the Mongolia’s potential of exporting its renewable energy, which is confirmed by various studies and more detailed research are being performed at the moment regarding its possibility.

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State policy on tourism approved in Mongolia www.akipress.com

The state policy on tourism was approved today by the government of Mongolia, Montsame reports.

Corresponding ministers, Environment and Tourism Minister N.Tserenbat, Finance Minister Ch.Khurelbaatar and National Development Agency Director B.Bayarsaikhan were assigned to allocate the required financing in the annual economic and social development directions, state budget and state investment programs as well as in the international organizations’ loan and assistances or fund with the help of public-private partnerships.

Taking the tourism capacity and flow into account, Mongolia is able to receive 72 thousand tourists a day and 1.6 million tourists during summer season. Unfortunately, the number of tourists to travel in Mongolia in a year has been around 400 thousand in the last decade. According to the World Economic Forum, Mongolia is ranked at 102th place out of 136 countries in terms of its tourism competitiveness.

The state policy on tourism targets to solving pressing issues concerning the tourism industry, improving competitiveness of Mongolian tourism products, creating jobs through bettering tourism services and products, enhancing the livelihood of local citizens and developing highly beneficial tourism for the economy and society of the country.

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Using GPS, FAO to track herds in Mongolia to help monitor infectious diseases www.fao.org

Live animal movement is a major cause of the introduction or dissemination of livestock and wildlife infectious diseases, whether through local and international trade-related transportation or through traditional herd movement. Understanding animal movement can greatly assist veterinary services in controlling the spread of infectious diseases.

An FAO pilot project conducted in the Khotont soum (district) of the Arkhangai Province of Mongolia aims at testing the feasibility of using GPS tracking technology in the nomadic Mongolian context. The ultimate aim is to characterize herd movements and the patterns of interaction among herds throughout the year, while surveying information regarding key herd management and husbandry practices during the seasonal mobility.

The GPS data could also assist in the better understanding of pasture and water usage and sharing mechanisms among neighbouring herds.

In Mongolia, the patterns of contacts among herds are a key determinant for infectious disease spread, and this knowledge is key to clearly understanding the epidemiology of infectious diseases that affect livestock and wildlife, along with the diseases’ impacts and routes and rates of transmission. Enhancing this knowledge can greatly help veterinary services to closely assess the risk pathways for disease transmission and thereafter develop risk-based disease management approaches.

“Pastoralism is an important part of Mongolia’s cultural heritage,” said Eran Raizman, FAO senior animal health officer. “Pastoralists constitute a third of Mongolia’s population; it provides livelihood for many.”

The nomadic seasonal movements vary several times throughout the year, including circular roaming or progressive relocation of camps and even migration to new regions. In addition to these long-distance moves, daily mobility routines are characterized by grazing and resting daily cycles, in which various herds from different camps can simultaneously use the same pasture.

In early August, six lightweight GPS collars were deployed on six different small ruminant herds at their summer pasture locations, and a preliminary survey was conducted with the six herds’ households. The GPS units host an onboard backup data storage, enabling both the regular transmission of data using specialized online software and data collection through manual download at the end of the study period, once the collars have been collected.

“To test the reliability of using this technology in the extreme weather conditions of the Mongolian context,” Raizman added, “the GPS units will be recovered in summer 2020, when the identified herds will be returning to their summer pasture locations.”

During the recovery of the GPS units, a second questionnaire-based survey will be conducted with the six households.

This pilot study aims to provide evidence for the feasibility of applying epidemiological support tools for defining the risks associated with livestock movements while providing initial characterizations of seasonal and daily movement and interaction patterns and of key herd management and husbandry practices. The study also should help researchers understand the potential risks for the transmission and dissemination of infectious diseases.

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State special protected area to be expanded with 1.3 mln hectares www.montsame.mn

Ulaanbaatar/MONTSAME/ At its regular meeting on August 21, the Cabinet backed a draft parliamentary resolution on taking some areas under state special protection and altering the frontier lines of some areas and decided to submit it to the Parliament. The areas are considered having untamed nature, natural unique formations or historical, cultural, scientific and ecological significance.

Areas to be newly added to the State Special Protected Area cover 13 soums of six aimags. As the areas are taken under special protection, the total size of protected area will be expanded with 1,298,047 hectares (or 0.83 percent). As a result, the total special protected area will make up 32,759,268 hectares or 20.94 percent of total territory of Mongolia.

For instance, Onon Balj National Park will be expanded with some parts of Dadal and Binder soums of Khentii aimag. Develiin Aral nature reserve will be expanded with Lake Achit which is on the border of Uvs and Bayan-Ulgii aimags and classified as national park. Moreover, Khom Steppe in Durvuljin soum of Zavkhan aimag and Gutain Davaa-Khumuul riverhead in Batshireet and Binder soum of Khentii aimag are being taken under special protection in classification of ‘national complex area'.

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Government suspends 13 mining licenses of Mongolian businessman www.news.mn

Earlier yesterday (21 August), the Mongolian Cabinet took the decision to suspend a total of 23 mining licenses of 19 companies over failure to meet environmental obligations.

Interestingly, 1 of the 23 mining licenses were held by ‘Mongol Gazar” LLC which is owned by businessman Ts.Myanganbayar. The licenses cover an area of over 8400 hectares in the Tsenkher Soum of Arkhangai Province.

If the companies do not fulfill their obligations the government will revoke their permits.

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Khuvsgul Lake National Park – tourist operators face regulation www.news.mn

At Wednesday’s session, the Mongolian Cabinet discussed establishing an eco-zone at the Khuvsgul Lake National Park with the assistance of the Asian Development Bank; it also decided to limit the number of tourism licenses for the area.

Khuvsgul Lake holds 70 percent of Mongolian pure water reserves and is one of the 17 oldest lakes in the world. It is 1,645 metres (5,397 feet) above sea level, 136 kilometres (85 miles) long and 262 metres (860 feet) deep.

Ger and chalet camps have increased around the lake due to the sharp rise of local and foreign tourists. In 2013, Khuvsgul Lake received 23000 tourists – within five years this had tripled to 120000. Currently, 129 legal entities control tourism activity in the area; 160 of the facilities they run are unauthorized, officials said.

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What is the population of Mongolia? Census preparation underway. www.news.mn

On 24 January 2015, a baby girl was born in Umngovi Province, becoming Mongolia’s three-millionth citizen. Named Mongoljin, by then President Ts.Elbegdorj, she was born 27 years after the population hit the two million mark. Now, four years on, how many Mongolian citizens are there?

Mongolia is preparing for the 2020 Census. According to the National Statistics Office (NSO), the census will be conducted online and using conventional questionnaires. Officials used mobile phone numbers for the counting and registration process during an experimental dummy-run census which was conducted in January 2018. The trial census involved 10 percent of population in the 5th Khoroo of Bayanzurkh District, the 15th Khoroo of the Khan-Uul District, the 6th Khoroo of the Songinkhairkhan District – all located in the capital Ulaanbaatar and the Dornod Province.

The regular nationwide census will start at midnight of Jan 8 2020 and will run for seven days. The final results of the census will be announced in June of the same year.

The Statistical Law of Mongolia states that a national census will be conducted every 10 years. Mongolia conducted its first population census in 1918 followed by 1935, 1944, 1956, 1963, 1969, 1979, 1989 and 2000. The first census of the 21st century was conducted in 2010.

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Service sector spurs economic growth www.zgm.mn

Mongolia’s GDP growth is showing good performance in 2019, as the service sector improves. Competition in the trade and services sector has been rising rapidly, and demand for human resources in the field is increasing. As the players grow, new management, quality of service and standard is approaching the world standard step by step. Public service, hotel, and domestic trade that are included in the service sector have increased, according to the National Statistics Office (NSO).

Trade revenue totaled MNT 10.8 trillion in the first half of 2019
In particular, trade revenue totaled MNT 10.8 trillion in the first half of this year, up 23.1 percent over the same period of last year. The retail sector, particularly, online retailing is expanding its scale in the market.

Following the downturn in mining commodity prices, the hospitality industry, especially the foodservice revenue drops. However, it increases as coal prices improve. For example, in the first half of this year, the catering industry’s income reached MNT 217.3 billion, up by 15.6 percent compared to the same period of the previous year. Also, the restaurant revenue grew by MNT 22.6 billion in the reporting period, triggering the GDP to increase.

The industry revenue for hotels rose 40.7 percent, to MNT 66.4 billion in the second quarter of 2019. The number of visitors reached 372,000, up by 70,000 over the previous year. There has been a growth in the hospitality industry in 2018, and this has also shown an increase, supporting the economy.

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LendMN taps into Korean market www.zgm.mn

LendMN NBFI JSC, a subsidiary of AND Global, is planning to issue a Depositary Receipt (DR) in the South Korean market. The commencement is in the process of research.

DR is a tool that allows foreign investors to buy shares in another country’s stock exchanges. In other words, it is a type of transferable financial security that is traded on a local stock exchange but represents a security, usually in the form of equity, that is issued by a foreign publicly listed company.

LendMN is the first Mongolian FinTech company that provides an opportunity for its users to obtain quick loans without collaterals using a mobile application powered by Artificial Intelligence-based credit scoring. The company currently disburses more than 2,500 loans per day.

Compared to the Q4 of 2018, the number of customers increased by 28 percent, the number of loans disbursed improved by 40 percent, the number of loans disbursed drew by 37 percent, and the amount of loan portfolio increased by 60 percent in the first quarter of 2019.

The company distributed 800 million shares in the domestic market. Shareholders own 600 million or 75 percent of the total shares, 200 million or 25 percent are owned by 4,000 small shareholders.

AND Global is an origin company of And Systems LLC and LendMN NBFI JSC, which is responsible for the Group’s investment, strategy, and management. And Global company has attracted USD 5 million from domestic and Asian investors, and the company’s market value has reached USD 30.4 million. Also, the LendMN model is about to be developed in the Philippines in Southeast Asia, Indonesia, and Japan.

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Kim Byoung Joon Ledas Varicose Vein Clinic enters Mongolia www.www.koreabiomed.com

Kim Byoung Joon Ledas Varicose Vein Clinic, specializing in varicose veins in Busan, said it would enter the Mongolian market.

The clinic signed a memorandum of understanding (MOU) to provide international medical care and build cooperative relations with two Mongolian medical institutions, one education agency, and one medical tourism company in Ulaanbaatar, Mongolia, Thursday.

The Korean clinic said the latest MOU would elevate its existing relations with Mongolian institutions to a strategic partnership to collaborate with them for joint overseas business.

Mongolia is one of the targets to bring international patients for medical institutions in Busan, according to Kim Byoung Joon Ledas Varicose Vein Clinic. The increased flights connecting Seoul and Ulaanbaatar shows that Mongolia is the blue ocean for Korean hospitals’ overseas business, the clinic said.

“By building a strategic partnership with medical institutions in Mogolia, we will keep expanding our presence in the overseas medical market,” said Kim Byoung-joon, director of the clinic.

Kim Byoung Joon Ledas Varicose Vein Clinic will expand overseas business not only in Mongolia but around the world, and seek a joint business opportunity with local companies to vitalize the local economy and create jobs, he added.

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