1 ZANDANSHATAR GOMBOJAV APPOINTED AS PRIME MINISTER OF MONGOLIA WWW.MONTSAME.MN PUBLISHED:2025/06/13      2 WHAT MONGOLIA’S NEW PRIME MINISTER MEANS FOR ITS DEMOCRACY WWW.TIME.COM PUBLISHED:2025/06/13      3 ULAANBAATAR DIALOGUE SHOWS MONGOLIA’S FOREIGN POLICY CONTINUITY AMID POLITICAL UNREST WWW.THEDIPLOMAT.COM PUBLISHED:2025/06/13      4 THE UNITED NATIONS CHILDREN’S FUND (UNICEF) IN MONGOLIA, THE NATIONAL FOUNDATION FOR SUPPORTING THE BILLION TREES MOVEMENT, AND CREDITECH STM NBFI LLC HAVE JOINTLY LAUNCHED THE “ONE CHILD – ONE TREE” INITIATIVE WWW.BILLIONTREE.MN PUBLISHED:2025/06/13      5 NEW MONGOLIAN PM TAKES OFFICE AFTER CORRUPTION PROTESTS WWW.AFP.MN PUBLISHED:2025/06/13      6 GOLD, MINED BY ARTISANAL AND SMALL-SCALE MINERS OF MONGOLIA TO BE SUPPLIED TO INTERNATIONAL JEWELRY COMPANIES WWW.MONTSAME.MN PUBLISHED:2025/06/13      7 AUSTRIA PUBLISHES SYNTHESIZED TEXTS OF TAX TREATIES WITH ICELAND, KAZAKHSTAN AND MONGOLIA AS IMPACTED BY BEPS MLI WWW.ORBITAX.COM  PUBLISHED:2025/06/13      8 THE UNITED STATES AND MONGOLIA OPEN THE CENTER OF EXCELLENCE FOR ENGLISH LANGUAGE TEACHING IN ULAANBAATAR WWW.MN.USEMBASSY.GOV  PUBLISHED:2025/06/12      9 MONGOLIA'S 'DRAGON PRINCE' DINOSAUR WAS FORERUNNER OF T. REX WWW.REUTERS.COM PUBLISHED:2025/06/12      10 MONGOLIA’S PIVOT TO CENTRAL ASIA AND THE CAUCASUS: STRATEGIC REALIGNMENTS AND REGIONAL IMPLICATIONS WWW.CACIANALYST.ORG  PUBLISHED:2025/06/12      БӨӨРӨЛЖҮҮТИЙН ЦАХИЛГААН СТАНЦЫН II БЛОКИЙГ 12 ДУГААР САРД АШИГЛАЛТАД ОРУУЛНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/15     ОРОН СУУЦНЫ ҮНЭ 14.3 ХУВИАР ӨСЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/15     МОНГОЛ УЛСЫН 34 ДЭХ ЕРӨНХИЙ САЙДААР Г.ЗАНДАНШАТАРЫГ ТОМИЛЛОО WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     SXCOAL: МОНГОЛЫН НҮҮРСНИЙ ЭКСПОРТ ЗАХ ЗЭЭЛИЙН ХҮНДРЭЛИЙН СҮҮДЭРТ ХУМИГДАЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ БАНК: ТЭТГЭВРИЙН ЗЭЭЛД ТАВИХ ӨР ОРЛОГЫН ХАРЬЦААГ 50:50 БОЛГОЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ ДАХЬ НҮБ-ЫН ХҮҮХДИЙН САН, ТЭРБУМ МОД ҮНДЭСНИЙ ХӨДӨЛГӨӨНИЙГ ДЭМЖИХ САН, КРЕДИТЕХ СТМ ББСБ ХХК “ХҮҮХЭД БҮРД – НЭГ МОД” САНААЧИЛГЫГ ХАМТРАН ХЭРЭГЖҮҮЛНЭ WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/06/13     ЕРӨНХИЙЛӨГЧИЙН ТАМГЫН ГАЗРЫН ДАРГААР А.ҮЙЛСТӨГӨЛДӨР АЖИЛЛАНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/13     34 ДЭХ ЕРӨНХИЙ САЙД Г.ЗАНДАНШАТАР ХЭРХЭН АЖИЛЛАНА ГЭЖ АМЛАВ? WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     “АНГЛИ ХЭЛНИЙ МЭРГЭШЛИЙН ТӨВ”-ИЙГ МУИС-Д НЭЭЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     Г.ЗАНДАНШАТАР БАЯЛГИЙН САНГИЙН БОДЛОГЫГ ҮРГЭЛЖЛҮҮЛНЭ ГЭЖ АМЛАЛАА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/12    

Category

Events

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

64x64

Mongolian cashmere exported to Italy by land www.montsame.mn

Khanbogd Cashmere LLC shipped 20 tons of cashmere that meet international quality requirements and stardards to Italy on June 2 and the shipment arrived in Italy today, on June 22.
Ambassador of Mongolia to Italy Ts.Jambaldorj handed over the product to Falconeri S.R.L and Lanificio Luigi Colombo S.P.A companies.
Khanbogd Cashmere has previously been exporting its cashmere to Italy in 90 days through China and this time, by land, the cashmere reached its destination in 20 days.
10 of the 20 tons of cashmere holds the Mongolian Noble Fibre certification mark, which certifies that the product is made with 100 percent high quality wool and cashmere sourced from Mongolia, meets Mongolian and international standards for textiles and woven products, and fully complies with quality standards in environmentally-friendly manufacturing.
As 60-70 percent of Mongolia’s cashmere is currenly exported after primary processing, the Ministry of Food, Agriculture and Light Industry and the Mongolian Wool and Cashmere Associaiton are working towards reducing and eventually stopping export of washed cashmere and increasing production and export of value-added products.
...


64x64

COVID-19: 2,231 new cases, 12 deaths reported www.montsame.mn

In Mongolia, 2,231 new cases of COVID-19 were detected from 11,765 tests performed nationwide in the past 24 hours, thus the country’s infection tally has reached 98,050.
According to the Ministry of Health, the majority of the confirmed cases are among young people aged 30-40.
1289 of the new cases were recorded in Ulaanbaatar city, 934 in aimags as well as eight hospital-acquired infections. Specifically, 14 cases were recorded in Bayan-Ulgii, 85 in Bayankhongor, 59 in Bulgan, 42 in Gobi-Altai, 11 in Gobisumber, 57 in Darkhan-Uul, 51 in Dornod, 57 in Dundgobi, 76 in Zavkhan, 54 in Orkhon, 48 in Uvurkhangai, 34 in Sukhbaatar, 43 in Selenge, 157 in Tuv, 32 in Uvs, 25 in Khovd, 85 in Khuvsgul, and 53 in Khentii.
In the past 24 hours, 886 people were recovered, which takes the total number of recoveries to 64,354. Currently, 12,415 people are receiving hospital treatment for COVID-19.
The Ministry of Health also reported that 12 people died from COVID-19, which brings the COVID-19 death toll to 459.
...


64x64

Mongolia’s inflation soars to 6.2 percent www.news.mn

Mongolia’s national consumer inflation reached 6.2% in May, up by 0.7% m/m, according to the country’s national statistics office.
Inflation was 5.6% in April.
The increase was affected by the increased price of consumer goods such as imported alcoholic beverages and tobacco (2.4% y/y), medicine (up 4.5% y/y), and a 5% price increase in housing, water, electricity, gas, and fuels y/y in 5M21.
The prices of imported goods and services increased by 14.3% y/y in the first five months, mainly due to border restrictions from China because of the COVID-19 pandemic.
“From 5M20 to 3M21, the domestic inflation rate fluctuated between 2-3%, falling below the central bank’s target. Analysts say this indicates a decline in economic activity during that period. During the pandemic, the government regulated price reductions for some goods and services. On the supply side, changes in the prices of government-regulated goods and services contributed to higher inflation, according to the central bank. In addition, commodity prices have been rising sharply with the easing of lockdown measures and while the economy recovers,” the American Chamber of Commerce (AmCham) in Mongolia notes in their newswire.
...


64x64

Fitch Assigns Mongolia's Proposed USD Bond a 'B' Rating www.fitchratings.com

Fitch Ratings - Hong Kong - 21 Jun 2021: Fitch Ratings has assigned Mongolia's (B/Stable) proposed US dollar bonds a 'B' rating.
Proceeds from the proposed bonds will be used to repurchase a portion of the existing bonds maturing in 2022 and 2023 through a cash tender offer.
KEY RATING DRIVERS
The rating is in line with Mongolia's Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'B' with a Stable Outlook.
Fitch affirmed Mongolia's Long-Term Foreign- and Local-Currency IDRs on 25 May 2021.
RATING SENSITIVITIES
FACTORS THAT COULD, INDIVIDUALLY OR COLLECTIVELY, LEAD TO NEGATIVE RATING ACTION/DOWNGRADE:
- External Finances: Evidence of heightened external stress, for example as a result of restricted access to external financing sources or a marked decline in foreign reserves.
- Public Finances: Failure to reduce the budget deficit and stabilise the government debt/GDP ratio.
- Structural Features: Political instability sufficient to significantly disrupt strategic mining projects or FDI inflows.
FACTORS THAT COULD, INDIVIDUALLY OR COLLECTIVELY, LEAD TO POSITIVE RATING ACTION/UPGRADE:
- Public Finances: Narrowing of the budget deficit consistent with putting government debt/GDP on a firm downward path.
- External Finances: The accumulation of larger foreign-currency reserve buffers and the implementation of a debt-management strategy that lowers refinancing risks and improves external debt sustainability.
- Macroeconomic: A resumption of stronger economic growth and export trends without the emergence of imbalances, and the maintenance of a favourable business environment conducive to robust FDI inflows.
BEST/WORST CASE RATING SCENARIO
International scale credit ratings of Sovereigns, Public Finance and Infrastructure issuers have a best-case rating upgrade scenario (defined as the 99th percentile of rating transitions, measured in a positive direction) of three notches over a three-year rating horizon; and a worst-case rating downgrade scenario (defined as the 99th percentile of rating transitions, measured in a negative direction) of three notches over three years. The complete span of best- and worst-case scenario credit ratings for all rating categories ranges from 'AAA' to 'D'. Best- and worst-case scenario credit ratings are based on historical performance. For more information about the methodology used to determine sector-specific best- and worst-case scenario credit ratings, visit https://www.fitchratings.com/site/re/10111579.
...


64x64

Capacity building training under U.S.-Mongolia Child Protection Compact Partnership organized www.montsame.mn

Ulaanbaatar /MONTSAME/. In the framework of the Child Protection Compact Partnership signed between the governments of the United States of America and Mongolia, the “Child Protection Compact" project has started the implementation by World Vision International and The Asia Foundation Mongolia.
Under the objective of the project to strengthen the capacity of government and civil society organizations to identify and provide comprehensive services to child victims of human trafficking, a capacity building training has been organized in cooperation with Talita Asia and School of Business Administration and Humanity of Mongolian University of Science and Technology. The participants are from Family, Child and Youth Development Authority (FCYDA), Municipal and Bayanzurkh, Bayangol, Songinokhairkhan, Chingeltei and Sukhbaatar districts’ FCYDAs.
The goal of the training is to improve the skills and provide fundamental methodological knowledge on comprehensive services for child victim of trafficking for the purpose of sexual exploitation and forced labor.
Furthermore, in collaboration with Talita Asia, the project will promote long-term protection services for children victims of human trafficking and develop training programs and implement trainings on working with children victims of human trafficking.
In April 2020, the U.S.-Mongolia Child Protection Compact (CPC) Partnership was signed in order to strengthen the efforts of the Mongolian government and civil society to fight all forms of child trafficking in Mongolia.
The U.S. Department of State’s Office to Monitor and Combat Trafficking in Persons (TIP Office) awarded the $5 million (nearly 15 billion MNT) CPC grant through a competitive process to World Vision, which is serving as the lead implementing partner for the CPC.
The Asia Foundation and four Mongolian NGOs – The Gender Equality Center, Talita Asia, Unbound Mongolia, and Beautiful Hearts – are also being engaged as implementing partners under World Vision’s leadership. These organizations are working collaboratively with Ms. L. Nyamgerel, Head of the Task Unit of Crime Prevention and Coordinating Council, and members of the Mongolian National Sub-Council on Trafficking in Persons throughout the four-year partnership.
...


64x64

Securities traded at national stock market increased by 37.5 times www.montsame.mn

According to the National Statistics Office, in the first 5 months of 2021, 340.7 million pieces of securities worth MNT 612.1 billion were traded at the national stock market, increased by MNT 595.8 billion (37.5 times) and 234.1 million pieces of securities (3.2 times), compared to the same period of previous year.
In May 2021, total sales of stocks reached MNT 521.2 billion, decreased by MNT 521.2 billion (97.7%) from the previous month, while it is increased by MNT 8.0 billion (2.8 times) from the same period of previous year. The number of pieces of traded securities reached 28.4 million, which is decreased by 38.2 million pieces (57.3%) from the previous month and decreased by 19.9 million pieces (41.2%) from the same period of previous year.
In May 2021, the average of indices of the top 20 financial markets was 35762.5 units, increased by 411.0 units from the previous month, and increased by 19474.1 units from the same period of 2020.
In May 2021, the total value of joint stock companies operating at stock markets reached MNT 3.7 trillion, decreased by MNT 32.4 billion (0.9%) from previous month while it is increased by MNT 1.3 trillion (52.6%) from the same period of previous year.
Source: National Statistics Office of Mongolia
...


64x64

President Kh.Battulga becomes acquainted with construction work of sports complex www.montsame.mn

On June 20, President of Mongolia Kh.Battulga and Minister of Education and Science L.Enkh-Amgalan became acquainted with the construction progress of the sports complex being built in the capital city’s Khan-Uul district.
More specifically, they became acquainted with the construction of the Winter Sports Complex project being implemented by ‘Steppe Arena’ LLC as well as the sports complex building, where the 2023 Ulaanbaatar East Asian Youth Games and the International Youth Green Games will take place.
In the framework of the projects, construction is underway for a complex consisting of an indoor sports venue with a capacity of 3,500 spectators, a sports complex suited for organizing various sports competitions with a capacity of 2,100 spectators, an aquatics stadium with 10 lanes, a football field, and a technical center.
Despite a slight postponement due to the pandemic, construction works are taking place as normally, introduced the project implementing body.
With the implementation of the aforementioned projects, it becomes possible for Mongolia to hold various international sports tournaments on the regional, continental, and world level. This also creates the opportunity for national sports teams to further enhance their strength and skills, alongside laying out the foundation for developing winter sports in the country.
As youth representatives have also put forth requests for the government to support the sports sector through policy, and establish appropriate corresponding venues and environment for such sports, President Kh.Battulga noted the importance of successfully implementing the projects and requested Minister of Education and Science L.Enkh-Amgalan to provide policy support.
Main construction work completed for Mongolia’s first indoor winter sports venue
The foundation-laying ceremony for the Winter Sports Palace took place on April 14, 2019, with the attendance of President Kh.Battulga. It is the first of such venues that meet the standards of the International Olympic Committee.
Funded independently through the financing of domestic entities, the main construction of the venue has been completed, with interior works and the making of the ice rink underway.
Alongside an Olympic-sized ice rink with a ratio of 60x30 meters, the venue will have over 10 rooms and areas to be used during tournaments and competitions, which includes changing rooms for athletes and referees, a media press area, and a first aid room.
With the establishment of a winter sports palace, it not only lays the foundation to develop winter sports such as professional hockey and figure skating, but also becomes possible to use the venue for various sports competitions, concerts and performances, and conferences.
The project is planned to be completed in July 2021.
Sports complex project running at 60 percent
The 2023 Ulaanbaatar East Asian Youth Games and the International Youth Green Games will be organized in Mongolia under the auspices of the President of Mongolia.
In connection with the decision to organize the international events, construction of the sports complex launched in 2019, and is currently running at 60 percent.
Some buildings and structures of the complex are planned to be put into operation from November 2021, with the project estimated to be completed in 2022.
0
People Reached
0
Engagements
Boost Post
 
 
Like
 
 
 
Comment
 
 
Share
 

0 Comments

 
 
 
 
 

Mongolian Business Database

Published by Serod Ichinkhorloo 2m 
Securities traded at national stock market increased by 37.5 times
montsame.mn 2021 06 22
According to the National Statistics Office, in the first 5 months of 2021, 340.7 million pieces of securities worth MNT 612.1 billion were traded at the national stock market, increased by MNT 595.8 billion (37.5 times) and 234.1 million pieces of securities (3.2 times), compared to the same period of previous year.…
See More
0
People Reached
0
Engagements
Boost Post
 
 
Like
 
 
 
Comment
 
 
Share
 

0 Comments

 
 
 
 
 

Mongolian Business Database

Published by Nomin-erdene Nansalmaa tSdp1o5hncsomredS 
ГЕГ: I-V сард 22 мянга 560 суудлын автомашин импортолсон
bloombergtv.mn 2021 06 21
Оны эхний таван сард Монгол Улс 22 мянга 560 нэгж суудлын автомашин импортолсон байна.…
See More
66
People Reached
0
Engagements
Boost Post
 
 
Like
 
 
 
Comment
 
 
Share
 

0 Comments

 
 
 
 
 

Mongolian Business Database

Published by Nomin-erdene Nansalmaa tSdp1o5hncsomredS 
2020 онд улсын төсвийн орлого 10 их наяд, алдагдал 4 их наяд төгрөг байжээ
gogo.mn 2021 06 21
Улсын Их Хурлын дарга Г.Занданшатарт “Монгол Улсын 2020 оны төсвийн гүйцэтгэл батлах тухай” УИХ-ын тогтоолын төслийг Сангийн сайд Б.Жавхлан өргөн барьсан юм.…
See More
63
People Reached
0
Engagements
Boost Post
 
 
Like
 
 
 
Comment
 
 
Share
 

0 Comments

 
 
 
 
 

Mongolian Business Database

Published by Nomin-erdene Nansalmaa 16h 
Тяньжинд гацсан 943 чингэлгийг Замын-Үүд өртөөнд хүлээн авчээ
news.mn 2021 06 21
Зам, тээврийн яамнаас мэдээлснээр, БНХАУ-ын Тяньжин боомтод саатаад байсан манай улсын импортын бараа, бүтээгдэхүүний 3162 чингэлгийн эхний ээлжийн 943 чингэлгийг Замын-Үүд өртөөнд хүлээн авчээ.…
See More
144
People Reached
1
Engagement
Boost Post
 
1
 
 
 
Like
 
 
 
Comment
 
 
Share
 

0 Comments

 
 
 
 
 

Mongolian Business Database

Published by Nomin-erdene Nansalmaa 16h 
"Энэ сард 125 тэрбум төгрөгийн ипотекийн зээл олгоно"
ikon.mn 2021 06 21…
See More
ikon.mn : Next Horizon
IKON.MN
ikon.mn : Next Horizon
The next horizon for the Connected Generation. Мэдээллийн орчин үеийн портал.
 
Get More Messages for Mongolian Business Database
You can add a Messenger button to your post to get more messages for Mongolian Business Database.
 
72
People Reached
0
Engagements
Boost Post
 
 
Like
 
 
 
Comment
 
 
Share
 

0 Comments

 
 
 
 
 

Mongolian Business Database

Published by Nomin-erdene Nansalmaa 16h 
Улаанбаатарын төвлөрсөн дулаан хангамжийн системийн ачаалал хүчин чадлаасаа 50%-аар хэтэрчээ
ikon.mn 2021 06 21
Нийслэлийн Засаг даргын зөвлөлийн хурал өнөөдөр цахимаар болж, хэд хэдэн асуудлыг хэлэлцлээ. …
See More
93
People Reached
1
Engagement
Boost Post
 
1
 
 
 
Like
 
 
 
Comment
 
 
Share
 

0 Comments

 
 
 
 
 

Mongolian Business Database

Published by Nomin-erdene Nansalmaa 16h 
Манай улс оны эхний таван сард 6.7 тэрбум ширхэг зүү, тариур импортолжээ
ikon.mn 2021 06 21
Бараа нийлүүлэх олон улсын сүлжээний тасралтгүй үйл ажиллагааг хангахад гаалийн байгууллага болон бизнесийн хамтын ажиллагааг чиглүүлэх зорилгоор “Гааль-Бизнесийн түншлэл 2021” цахим форумыг ГЕГ-аас зохион байгуулж байна.…
See More
 
Visit the COVID-19 Information Center for vaccine resources.
Get Vaccine Info
 
 
 
Like
 
 
 
Comment
 
 
Share
 

0 Comments

 
 
 
 
 

Mongolian Business Database

Published by Nomin-erdene Nansalmaa tSoup1uoinsor6edh 
“Тавантолгой түлш” компани энэ жил 725 мянган тонн түлш үйлдвэрлэхээр төлөвлөжээ
eagle.mn 2021 06 21
Өвөлжилтийн бэлтгэлийг хангах ажлын хүрээнд Байгаль орчин, аялал жуулчлалын сайд Н.Уртнасан, Эрчим хүчний сайд Н.Тавинбэх нар өнгөрсөн амралтын өдөр “Тавантолгой түлш” ХХК-ийн сайжруулсан шахмал түлшний баруун, зүүн бүсийн үйлдвэрүүд болон нөөцийн талбайн ажилтай танилцжээ.…
See More
64
People Reached
2
Engagements
Boost Post
 
1
 
 
 
Like
 
 
 
Comment
 
 
Share
 

0 Comments

 
 
 
 
 

Mongolian Business Database

Published by Nomin-erdene Nansalmaa tSoup1uoinsor6edh 
Улаанбуудайн тариалалт төлөвлөсөн хэмжээндээ хүрчээ
eagle.mn 2021 06 21
Энэ онд улсын хэмжээнд 389.3 мянган га-д үр тариа, үүнээс 368.3 мянган га-д улаанбуудай, 17.9 мянган га-д төмс, 9.6 мянган га-д хүнсний ногоо, 66.5 мянган га-д малын тэжээл, 40 мянган га-д тосны ургамал, өссөн дүнгээр 4.3 мянган га-д жимс жимсгэнэ, нийтдээ 527.8 мянган га-д тариалалт хийхээр төлвөлөжээ. Өнөөдрийн байдлаар нийтдээ 536.6 мянган га-д тариалалт хийснээр улсын хэмжээний үр тарианы тариалалт…
See More
195
People Reached
2
Engagements
Boost Post
 
2
 
 
 
Like
 
 
 
Comment
 
 
Share
 

0 Comments

 
 
 
 
 

Mongolian Business Database

Published by Serod Ichinkhorloo tSup1onusmor9hedm 
Mongolia reports 2,268 new cases of coronavirus, 11 deaths
akipress.com 2021 06 21
Mongolia reported 2,268 new cases of coronavirus after more than 11,000 tests, the Ministry of Health said on June 21.…
See More
57
People Reached
0
Engagements
Boost Post
 
 
Like
 
 
 
Comment
 
 
Share
 

0 Comments

 
 
 
 
 

Mongolian Business Database

Published by Serod Ichinkhorloo tSup1onusmor9hedm 
Capacity building training under U.S.-Mongolia Child Protection Compact Partnership organized
montsame.mn 2021 06 21
Ulaanbaatar /MONTSAME/. In the framework of the Child Protection Compact Partnership signed between the governments of the United States of America and Mongolia, the “Child Protection Compact" project has started the implementation by World Vision International and The Asia Foundation Mongolia. …
See More
55
People Reached
0
Engagements
Boost Post
 
 
Like
 
 
 
Comment
 
 
Share
 

0 Comments

 
 
 
 
 
 
 
 
 
 
On June 20, President of Mongolia Kh.Battulga and Minister of Education and Science L.Enkh-Amgalan became acquainted with the construction progress of the sports complex being built in the capital city’s Khan-Uul district.
More specifically, they became acquainted with the construction of the Winter Sports Complex project being implemented by ‘Steppe Arena’ LLC as well as the sports complex building, where the 2023 Ulaanbaatar East Asian Youth Games and the International Youth Green Games will take place.
In the framework of the projects, construction is underway for a complex consisting of an indoor sports venue with a capacity of 3,500 spectators, a sports complex suited for organizing various sports competitions with a capacity of 2,100 spectators, an aquatics stadium with 10 lanes, a football field, and a technical center.
Despite a slight postponement due to the pandemic, construction works are taking place as normally, introduced the project implementing body.
With the implementation of the aforementioned projects, it becomes possible for Mongolia to hold various international sports tournaments on the regional, continental, and world level. This also creates the opportunity for national sports teams to further enhance their strength and skills, alongside laying out the foundation for developing winter sports in the country.
As youth representatives have also put forth requests for the government to support the sports sector through policy, and establish appropriate corresponding venues and environment for such sports, President Kh.Battulga noted the importance of successfully implementing the projects and requested Minister of Education and Science L.Enkh-Amgalan to provide policy support.
Main construction work completed for Mongolia’s first indoor winter sports venue
The foundation-laying ceremony for the Winter Sports Palace took place on April 14, 2019, with the attendance of President Kh.Battulga. It is the first of such venues that meet the standards of the International Olympic Committee.
Funded independently through the financing of domestic entities, the main construction of the venue has been completed, with interior works and the making of the ice rink underway.
Alongside an Olympic-sized ice rink with a ratio of 60x30 meters, the venue will have over 10 rooms and areas to be used during tournaments and competitions, which includes changing rooms for athletes and referees, a media press area, and a first aid room.
With the establishment of a winter sports palace, it not only lays the foundation to develop winter sports such as professional hockey and figure skating, but also becomes possible to use the venue for various sports competitions, concerts and performances, and conferences.
The project is planned to be completed in July 2021.
Sports complex project running at 60 percent
The 2023 Ulaanbaatar East Asian Youth Games and the International Youth Green Games will be organized in Mongolia under the auspices of the President of Mongolia.
In connection with the decision to organize the international events, construction of the sports complex launched in 2019, and is currently running at 60 percent.
Some buildings and structures of the complex are planned to be put into operation from November 2021, with the project estimated to be completed in 2022.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
...


64x64

Interview: China's transformation "not possible without the visionary leadership of CPC," says former Malaysian envoy www.xinhuanet.com

KUALA LUMPUR, -"China has made very strong strides in its development and I think China has gone through a very strong transformation, which is not possible without the visionary leadership of the Communist Party of China (CPC)," a former Malaysian ambassador to China has said.

"I think the Party has played its role and brought up China to what it is today, a strong country economically, and has many friends in the world. China's success has contributed to the region and to the world," Abdul Majid Ahmad Khan, who served as Malaysia's ambassador to China in 1998-2005, told Xinhua in a recent interview.

Serving as the president of Malaysia-China Friendship Association now, Majid still works to promote friendship and cooperation between the two countries.

The veteran diplomat noted that China has adopted pragmatic diplomatic policies and "not only contributed economically but also in peace and stability" for the region and the whole world, he said.

"For us in Malaysia and also for the region, we are happy because China's diplomacy has always given priority to the region, to countries in Southeast Asia," he said.

Majid said that with China's development, the world would welcome the country to share its experience and resources.

The Belt and Road Initiative is "very timely," which could bring greater connectivity, he said. "This will facilitate globalization, expedite internationalization and exchanges."

China's successful containment of the COVID-19 pandemic and its early economic recovery also demonstrated the successful leadership of the CPC, said Majid.

The success reflects the discipline and strong enforcement of the Chinese system, he said.

From his own experience in China and his interactions with the Chinese people, Majid said he could feel that the CPC leadership is well appreciated by the Chinese people.

"Speaking to the Chinese people themselves, they are very thankful that the Party has created social stability in China and also for themselves to feel the economic power, which created this self-confidence in China vis-a-vis the world," he said.

The ongoing COVID-19 pandemic, Majid said, has highlighted how the world is a shared community and that global cooperation is essential to overcome such common challenges.

"COVID-19 has shown how a small virus has actually frozen us globally, our movement, our activities, (and) our interaction," said Majid, "so the only way to combat this is through cooperation, through the sharing of common interest, I think that is the way forward."■

...


64x64

Southern Mongolia Ready For Green Development — ADB Dialogue Event www.indiaeducationdiary.in

Manila: The southern region of Mongolia has potential for sustainable growth if investment for green development, renewable energy, and tourism are matched with large infrastructure projects in energy, transport, and extractive sectors, ADB and stakeholders in Mongolia discussed at an event today. They were attending a provincial-level regional conference organized by ADB with the Government of Mongolia to hold a dialogue on rural development challenges and on-site project experiences.
“Capturing operationally relevant knowledge is crucial for our efforts to strengthen sustainable partnership impact in Mongolia,” said ADB Country Director for Mongolia Pavit Ramachandran. “We hope these outreach events will provide an opportunity for our stakeholders to share innovative practices and lessons from project design and implementation so we can replicate successful practices in our future operations.”
The first in a series of four provincial-level regional conferences to be held under the 30th anniversary commemoration of the ADB–Mongolia partnership covered southern provinces—Umnugobi, Dornogobi, Dundgobi, and Gobisumber—and started with virtual site visits to highlighted projects to showcase their positive impact on the economic and social development of the province. Following video visits, high-level representatives of project executing agencies, including the state secretaries of the Ministry of Construction and Urban Development, the Ministry of Food, Agriculture and Light Industry, and the Ministry of Health, commended ADB’s long-standing cooperation, highlighting the timeliness of operations to increase the capacity of social and urban services in the region where the number of residents is steadily increasing.
The second part of the event focused on the region’s sustainable development and the need for ADB’s support. A panel discussion with government representatives highlighted key areas of ADB’s engagement in the region, including trade facilitation, logistics, connectivity, and job creation. Governors of the four provinces discussed development priorities, policies for ensuring socially and environmentally sustainable growth in the region, and ADB’s role in supporting rural development.
The ancient Gobi desert stretches across the southern region, which recently became the center of Mongolia’s mining boom. Large mineral deposits and new mining projects brought increased investment, jobs, and fiscal revenue to the region. The Russia–PRC transport and trade corridor runs through a part of the southern region, making Dornogobi province home to the country’s busiest border crossing point.
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.
...


64x64

Erdene poised to drill new Mongolia gold target www.resourceworld.com

Erdene Resource Development Corp. [ERD-TSX; ERDI-MSE] said Friday June 18 it has commenced drilling on the Ulaan target located 350 metres west of the company’s Bayan-Khundii gold deposit in Mongolia.
“We are excited to test the potential of the southern portion of the Ulaan license area following the acquisition of 100% of the property in late 2020,” said Erden President and CEO Peter Akerley.
Erdene shares advanced on the news, rising 2.8% or $0.01 to 37 cents. The shares are currently trading in a 52-week range of 71 cents and 28.5 cents.
The Bayan Khundii mining license covers 2,309 hectares and includes the Bayan Khundii and Altan Nar deposits which are located 16 kilometres apart. Together these deposits comprise the Khundii Gold Project.
An independent feasibility study for the Bayan Khundii Gold project envisions a high-grade open pit mine, producing 63,500 ounces per year at an average grade of 3.71 g/t gold over seven years, using a carbon in pulp processing plant. Production is expected to begin in early 2022.
Erdene holds a 100% interest in the Ulaan license. The northern portion is situated along the western boundary of the Khundii license, while the southern area is approximately 350 metres west of the Bayan Khundi gold deposit, separated by the Khuren Tsav license held by the Mongolian government-owned gold company Erdenes Alt LLC.
Based on Erdene’s drilling near the western Khundii license boundary, satellite imagery, geophysical analysis and surface alteration, the hydrothermal system that hosts the Bayan Khundii gold deposit is expected to extend west, southwest of the Bayan Khundii deposit across the Khuren Tsav license and along the southern boundary of the Ulaan license.
Drilling results along the western boundary of the Khundii license intersected thick sequences of gold mineralization, locally beginning at surface, with the highest grades at 100 to 160 metres depth. Highlight intersections from drilling near the border include 7.0 metres of 18 g/t gold in BKD-220; 5.0 metres of 25 g/t gold in BKD-265, and 28 metres of 2.4 g/t gold in BKD-334. The latter is located to the north and outside the reported resource at Bayan Khundii.
Erdene said it has established a series of drill targets in the southern portion of the Ulaan license. It said initial drilling will be wide spaced, testing targets over an approximately 2.0-kilometre strike length to a maximum depth of 350 metres.
The target area is underlain by the same lithologic units associated with the Bayan Khundii gold deposit.
The Bayan Khundii gold resource includes 521,000 ounces of 3.16 g/t gold in the measured and indicated category and 103,000 ounces of inferred resources at 3.68 g/t gold. Within the measured and indicated resource is a proven and probable open pit reserve of 409,000 ounces at 3.7 g/t gold.
...


  • Terms of Reference
  • About
  • Contact Us

Managed by: B2BMongolia www.b2bmongolia.com

Events

News

Facebook