Sep 28, 2024 62 min read Daily News Summaries

Mongolia News Summary for September 28, 2024

The following news articles are the opinions of their authors and publications. They are presented here as translations for informational purposes and do not necessarily represent the opinion of Mongolia Strategy Center or its members.

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Politics

News Guide: "Budget 2025" Discussion to Take Place

Published: 2024-09-27 | Translated from: news.mn

The News Agency is delivering a summary of events happening today. 10:00 AM: The "Budget 2025" discussion will be held at the Tuushin Hotel's Suld Hall. A scientific conference titled "Development and Formation of 20th Century Mongolian Philology: Shanjmyataviin Gaadamba-100" will take place at the Chinggis Khaan National Museum.

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Reaffirmation of Commitment to the Comprehensive Reform of the Security Council by the L.69 Group

Published: 2024-09-27 | Translated from: montsame.mn

During the General Debate of the 79th session of the United Nations General Assembly, the Permanent Representative of Mongolia to the United Nations, N. Ankbayar, participated and delivered a speech at the annual meeting of the L.69 Group of Ministers held in New York. In his speech, the Permanent Representative reiterated Mongolia's firm commitment to the goals of the L.69 Group in enabling a comprehensive reform of the United Nations Security Council. He expressed support for the expansion of the Security Council through categories of permanent and non-permanent memberships, advocating for increased representation from regions such as Asia, the Pacific, Africa, and Latin America. The meeting of the L.69 Group of Ministers was chaired by Dr. Ralph Gonsalves, Prime Minister of Saint Vincent and the Grenadines, with participation from over 20 countries, including India's Minister of External Affairs Dr. S. Jaishankar and Brazil's Minister of Foreign Affairs Mauro Vieira, who shared their positions. Notably, this meeting was distinguished by the first-time engagement of members from the C-10 Group of African countries. In this context, 25 developing countries introduced a draft resolution on the reform of the UN Security Council to the United Nations General Assembly in 2007, proposing the inclusion of representatives from developing countries in two categories of Security Council membership, a foundational impetus for the formation of the group. The draft's designation was "L.69," a name by which the group is known. Mongolia joined this group in 2008.

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What Did the Leaders Say at the UN General Assembly?

Published: 2024-09-27 | Translated from: gogo.mn

Leaders and diplomats from 193 UN member countries have gathered in New York City for the 79th session of the United Nations General Assembly. The troubling global peace and order, growing geopolitical conflicts, and divisions were evident in the sharp words of the leaders during the general debate. UN Secretary-General António Guterres, while opening the session, expressed regret over the world becoming lawless and implicitly criticized Israel and Russia for trampling over international laws. He also criticized countries for failing to make progress in addressing climate change and growing inequality. "The evasion of blame and punishment has reached a level that cannot be politically defended or ethically accepted. More governments and other actors are adopting the mindset of 'just walk out of jail'... The conflict in the Gaza Strip threatens to wipe out the entire region, a never-ending nightmare. Lebanon becoming the next Gaza Strip is something the people of Lebanon, Israel, and the world cannot endure." President Joe Biden, speaking from the UN podium for the last time in his presidency, reinforced the call for unity to overcome challenges and highlighted the success of strengthening and expanding international organizations. "Many see today’s world and respond with despair and hopelessness. But not me. Not now, and not ever. As leaders, we do not have the right... Dear leaders, never forget there are more important things than holding onto power. That is your people. We are here to serve our citizens, not the other way around." Ukrainian President Volodymyr Zelensky accused China of ostensibly maintaining a peace-centric stance while allegedly assisting Russia’s nuclear weapons infrastructure. He presented Ukraine's victory plan aimed at bringing Russian President Vladimir Putin to the peace talks. "All of Russia's neighboring countries in Europe and Central Asia feel that war could knock on their doors next. Just imagine the global damage... Unfortunately, the UN lacks real, fair authority to resolve war and peace issues due to its heavy reliance on veto power by the Security Council. When an aggressor country exercises its veto power, the UN is impotent to stop war. But Peace Formula can stop the war." Iran’s newly elected President M. Pezeskyhan condemned Israeli air strikes on the Gaza Strip and a recent bombing of communication facilities in Lebanon, stressing they "cannot go unanswered." "The governments that find the bravery to call themselves champions of human rights and freedom after rejecting all international efforts to stop this horrific destruction will bear all consequences." Argentinian President Javier Milei, identifying as a libertarian economist, delivered a sharp speech advocating free trade and criticized the UN’s 2030 Sustainable Development Goals as "nothing but a socialist-style international agenda." "The UN has turned into a multi-tentacled Leviathan trying to decide what countries should do and how people worldwide should live. This is typical of leftist ideologies, creating models of what people should do and stifling, imprisoning, and curtailing freedom if things do not go as they plan." President U. Khürelsükh, in the general debate, highlighted Mongolia's aspiration to build international relations on a multi-pillar principle, advocating for respecting diverse viewpoints, strengthening global peace and security, and a nuclear-free world. "The Mongolian people have a long history of valuing and seeking solutions through dialogue and negotiation. From centuries past, the Great Mongol Empire has aspired to solve issues amicably, utilizing diplomatic means such as sending and receiving envoys, forming treaties, and negotiating, which remain core principles of Mongolia’s foreign policy today."

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Laws Effective from October: Regulating Taxi Services

Published: 2024-09-27 | Translated from: news.mn

Several laws were amended this year. For instance, starting January 2024, the minimum wage will be 660,000 MNT, and pensions will be determined based on the average of 60 months according to the Social Insurance Package Law. Additionally, 2% of the pension insurance will begin to be deposited into accounts. Moreover, the state will cover 50% of the social insurance contributions for herders and self-employed individuals, which had been a controversial topic in society. This October, several more legal provisions will come into effect. Specifically, individuals providing taxi services without a special permit will be fined 5 million MNT. Due to numerous damages caused by unlicensed taxi services, new legal regulations will be implemented to regulate taxi services. Over the past five years, 3,170 criminal offenses have been registered nationwide, with more than 2,900 in Ulaanbaatar. 2,116 of these crimes in the capital are related to taxi drivers, which served as the basis for regulatory changes to the law. Consequently, amendments have been made to the Violations Law, the Road Transport Law, and the Stamp Duties Law. Under these amendments, starting October 15, 2024, the special permit relationship for taxi services will begin. Taxi service providers will need to meet eight types of requirements set by law and pay a stamp duty of 3-10 million MNT to obtain a special permit. Only businesses and organizations with a permit will be allowed to provide taxi services. If a person or legal entity operates a taxi service without obtaining a permit, they will face fines of up to 5 million MNT for an individual and up to 50 million MNT for a legal entity. Another law that will start to be enforced next month is the Law on Medicines and Medical Devices. The revised version of this law was passed on June 5, 2024, and will come into effect from Tuesday (October 1, 2024). Relevant changes have been made to the Law on Permits and the Violations Law in connection with the newly revised Law on Medicines and Medical Devices. Major changes related to business include capping price increases to ensure price transparency. Specifically, the Minister of Health and the Minister of Finance will jointly set the maximum percentage increase for necessary medicines and medical devices. In other words, it is prohibited to sell or supply medicines and medical devices with a price increase exceeding the set maximum limit when supplying or selling medical equipment. Additionally, the maximum limit will be specifically set for both wholesale and retail prices. It is also prohibited to unreasonably increase the price of medicines and medical devices. One reason for passing the revised law is to increase the transparency of medicine information, especially price information. Consequently, the following changes have been made: - A centralized electronic information database for each supply stage has been established. - Supply organizations are now required to upload information about medicines and medical devices, especially base prices, wholesale, and retail prices in the electronic database. - Suppliers must make the wholesale prices of medicines and medical devices transparent to pharmacies and health organizations through the electronic information system. - Pharmacies are required to keep retail prices transparent and open to the public through the centralized electronic information system. The 2010 law on medicines and medical devices had relatively few regulations concerning advertising. The new regulations will expand and legalize the general principles of advertising, stipulating advertising requirements and prohibitions. Accordingly, only manufacturers and suppliers with special permits from the Medicines and Medical Devices Regulatory Agency can advertise medicines, and advertisements must include audio description for visually impaired people and sign language or written description for hearing-impaired people. Specially prohibited items in advertising have also been regulated. For example: - Advertising medicines to the public without permission. - Healthcare professionals advertising medicines. - Promoting narcotic and psychotropic medicines. - Advertising medicines in an inappropriate and unethical manner, misleading the actual situation. - Individuals and legal entities participating in, supporting, or advertising medicines without proper permissions, or providing or receiving financial support for such advertisements. - Misleading ads claiming health supplements can diagnose or treat diseases. - Advertising through media other than television, radio, billboards, professional publications, and official websites or social networks. - Offering or supporting the sale of medicines that are banned under the World Anti-Doping Code and international standards to athletes or non-therapeutic purposes.

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Starting from Next Month, Unauthorized Taxi Services Will Be Fined Five Million

Published: 2024-09-27 | Translated from: isee.mn

According to the law regarding the reduction of traffic congestion in Ulaanbaatar and the provision of housing in ger districts, in order to operate a taxi service, one must pay a license fee of 3-10 million MNT and obtain a permit. Therefore, operating a taxi service without authorization will result in a fine of five million MNT for individuals and fifty million MNT for legal entities, as amended in the Violations Law. Starting from October 15, taxi services will require a special permit to operate. This will address unauthorized individuals offering taxi services and any related crimes or accidents. However, this provision does not apply to services obtained through applications such as "UB Cab" and "Aba Mongolia." The State Great Khural (Parliament) included the clause "If the service is provided through an electronic platform, it does not apply" when issuing these regulations.

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L.Enkh-Amgalan: We Will Work Together with Private Sector Organizations to Improve the Labor Protection System

Published: 2024-09-27 | Translated from: isee.mn

On September 28, 2024, L.Enkh-Amgalan, Minister of Family, Labor, and Social Protection, gave a press briefing on issues related to labor and social protection pensions. Minister L.Enkh-Amgalan said, "The question now is whether or not Mongolia should continue to have a pension fund. Previously, taxpayer money from three individuals was used to pay the pension for one person, but this is no longer feasible, and in the past five years, a deficit of 4.7 trillion MNT has occurred. Therefore, it is time to reconsider early retirement calculations. There are issues concerning 160 billion MNT of unpaid NDS liabilities. Decisions have been made in this regard, and requests for investigation have been submitted to the prosecutor. The deficit of the Social Insurance Fund is not budget money; it is citizens' money. Therefore, if necessary, an open discussion will be held in Parliament. The funding of the Employment Promotion Fund will increase by 61.9 billion MNT, raising it to 145.9 billion MNT starting from 2024. Comprehensive services will be developed to address family issues, focusing on family education, legal and social protection policies, and housing programs. We are working on establishing a comprehensive family service center. Moreover, because social protection policy has been regulated by social welfare laws, the country is perceived as having a welfare system. We will organize efforts to integrate these issues into one system. Although the Labor Protection Agency has 1,600 employees, about 1,300 of them are engaged in work related to welfare. Therefore, in order to address labor and protection on an equal level, we will work together with private sector organizations.

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Democratic, 'Clean' Parliament Requires Transparent Reporting of Members' Interests

Published: 2024-09-27 | Translated from: gogo.mn

On International Day for Universal Access to Information, the Open Society Forum and the Comprehensive Development National Center organized an open discussion on "Parliamentary Transparency." The Comprehensive Development National Center presented recommendations on how the State Great Khural (Parliament) can become more open to citizens. These recommendations will be submitted to the Speaker of the Parliament. D. Tungalag, General Coordinator of the Civil Society National Coalition "For All Education!", discussed what the recommendations include. She stated, "Parliament is supposed to protect our common interests. However, recent parliaments have shown a concerning trend where individuals become members to further their private business or other interests. It is regrettable that such personal interests are being incorporated into legislative bills through political power. This trend has become prevalent. I noticed this during the past two years while working on the sub-working group for the General Education Law bill. The lack of media transparency limits the public's ability to be informed. If there isn't a mechanism to impose ethical and legal responsibility on those entering parliament with vested interests, neither citizens nor civil society organizations will be able to monitor effectively. For instance, when checking a member of the State Great Khural for private school ownership through asset declarations, only their personal information is disclosed. The interests of family-affiliated individuals are not transparent. The Independent Authority Against Corruption (IAAC) faces complicated conditions when trying to obtain this information. To become a democratic, open, and 'clean' parliament, members' interests should be made transparent. Before discussing any law, the Speaker of the Parliament should announce any member's conflict of interest and exclude them from involvement, as recommended. M. Enkhbadral, Executive Director of the Comprehensive Development National Center, spoke on why the parliament should be open. "The State Great Khural is the highest governing body. However, as a representative body, it must ensure people have the right to know about all processes involved in legislative activities and oversight, as members are working on your behalf, and citizens as voters should track what they are doing. Our system understands that political accountability should come through elections. Since members are working on your behalf, there must be a way to measure daily activities with genuine information. Relying only on news media or selectively presented information is biased. Our parliament does not maintain transparency with media outlets. Thus, we offer legislative transparency proposals covering eight key issues. Citizens should participate in legislative activities and be aware of changes during the discussion of bill proposals. According to the parliamentary procedures law, meetings of the sessions and permanent committees must have recorded minutes, which should be made publicly and timely available. However, there is no fixed timeline for publication, and some disappear after being posted, preventing researchers from accessing information. During the pandemic, journalists were restricted from entering the plenary chamber, and this persists today, preventing the public from knowing what occurs directly. Journalists only receive information from automatic broadcast tools, limiting public knowledge. The D-Parliament platform, used to gather public opinions on legislative activities, is well-regarded. However, there must be feedback on how citizens' input is reflected in the legislation, which is currently not happening. We are discussing these recommendations openly today. Meanwhile, the State Great Khural is formulating its strategic operations plan. We hope our recommendations will be incorporated, emphasized during the discussions.

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What Role Does the Media Play During Election Campaigns?

Published: 2024-09-27 | Translated from: gogo.mn

The Anti-Monopoly Agency, formerly known as the Authority for Fair Competition and Consumer Protection, is monitoring certain aspects of election campaigns. According to Article 47, Section 47.13 of the Law on Electing Members to Aimags, Cities, Soums, and District Councils, "The State Administrative Body Responsible for Fair Competition shall monitor the activities specified in Articles 45.13, 47.1.7, and 47.8 of this law," and therefore, election campaigns are under their supervision. Radio and Television When delivering information about the election process regarding parties, coalitions, or candidates through news programs, it is important to be factual, balanced, impartial, and independent. Responsibility During the period of checking violations, the State Administrative Body Responsible for Fair Competition can take measures to halt operations by sending recommendations to the licensing authority until the results of the vote are concluded. Balance of Information During election campaigns, there should be no commitment to exclusively publish or not publish news about any party, coalition, or candidate. Responsibility If a media organization promises or contracts to exclusively publish or not publish news about any party, coalition, or candidate during an election campaign, it can be fined 20,000 units for individuals and 200,000 units for legal entities. Establishing Ratings Organizing or publishing any form of selection or poll aimed at establishing political ratings is not allowed. Responsibility Organizing any form of selection or poll that aims to establish political ratings using communication and media tools or online, if not resulting in criminal liability, will result in a fine of 20,000 units for individuals and 200,000 units for legal entities. Report After an election campaign ends, media organizations that conducted election campaigns must report to the public within 10 days with a detailed account of the campaigns conducted. Responsibility If a media organization that conducted an election campaign fails to report to the public within 10 days after the campaign ends, they will be fined 20,000 units for legal entities.

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The Fair Competition and Consumer Protection Authority Renamed to the Anti-Monopoly Authority

Published: 2024-09-27 | Translated from: ikon.mn

In accordance with the amendments made to the Competition Law, the name of the "Fair Competition and Consumer Protection Authority" has been changed to the "Anti-Monopoly Authority" as per the 13th decree of the Mongolian Parliament. Prime Minister L. Oyun-Erdene presented and got approval for the structure and composition of the joint Government to the Parliament. During this session, the Government proposed that the coordinating agency be changed to the Anti-Monopoly Authority, to be overseen by the Deputy Prime Minister of Mongolia, T. Dorjkhand. This proposal was supported and approved by the Parliament. Source: Anti-Monopoly Authority Warning: Media outlets (Television, Radio, Social media, and Websites) must mention the source (ikon.mn) when using our information in any form, whether fully or partially. Please be aware of this requirement.

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Economy

Cost of Issuing Bonds by the Capital to Decrease Internationally

Published: 2024-09-27 | Translated from: news.mn

The "Fitch" agency has updated Mongolia's credit rating to B+, which allows the capital to issue bonds up to $500 million in the international financial market at a reduced cost and with less expense. The city has set a goal to issue bonds on the foreign market for the purpose of reducing air and soil pollution, which was approved by the Parliament and the Government through a law granting authority. As a result, the capital began the process of issuing bonds on the international capital market since the end of last year. This is the first time for the capital to undertake such an endeavor, and by securing low-interest, long-term financing sources from the international capital market, the city will be able to start the project of constructing buildings in the ger district in a comprehensive manner. According to the first deputy mayor N. Manduul, it is planned to issue bonds up to $500 million in the international capital market by the end of this year. The raised funds will be used to finance the "Selbe Subcenter." Under the "Selbe Subcenter" project, 2,200 land plots in the 14th khoroo of Sukhbaatar district and the 14th and 18th khoroos of Chingeltei district will be vacated, and housing for 12,000 families will be built. Out of a total of 2,206 land plots, 1,500 have already been vacated and compensated. The land clearance will be completed within this year. A tender will be announced next month to select a contractor for the construction of 12,000 housing units to be built on 158 hectares, and the selection process will be completed within this year. In addition to the housing for 12,000 families, three schools with a total capacity of 960 students, seven kindergartens, a shopping and service center, and a sports complex will be built in the center. The housing units will be of three types: low-rise or private homes, mid-rise with five floors, and high-rise apartments along the main road combined with service facilities. The infrastructure work of the "Selbe Subcenter" is fully completed. The project will be completed in 2028. After the "Selbe Subcenter," negotiations will be made with residents of Chingeltei, Khailaast, Tavan Buudal, Dari-Ekh, and Dambadarjaa areas to exchange their land for apartments. This will create a land reserve for the further development of the ger district into housing. Upon completion, the "Selbe Subcenter" development will increase the domestic product by 2.5 trillion tugriks and create 25,295 jobs. Air pollution is projected to decrease by 22% and traffic congestion by 36.3%. Historically, successive governments have aimed to reduce air and soil pollution in the capital but have been unable to secure the financial resources, resulting in little progress. Therefore, the solution envisioned is to develop the ger district into housing, with the "20-minute city" initiative starting with the "Selbe Subcenter." The upgraded credit rating of Mongolia is providing an opportunity to resolve longstanding issues for the citizens of the capital. Overall, the upgraded credit rating has a positive impact, not only facilitating bond issuance internationally but also improving the ratings of banks. This creates favorable conditions for private sectors to raise funds from foreign markets at lower interest rates in the future. "Fitch" is one of the three agencies that establish credit ratings internationally. In 2011, when Mongolia established its credit rating, "Fitch" gave a B+ rating. However, the ratings given to Mongolia by these agencies decreased since 2013, reaching the lowest level in 2016, posing a risk of potential default. The government chose to enter an IMF program, which led to a gradual economic recovery, and in 2018, the "Fitch" agency classified Mongolia in the B category. Since then, continuous efforts by the government have improved the credit rating, bringing it back to a stable level of over 10 years ago.

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Monetary Policy for the Coming Year Aims to Stabilize the Economy and Inflation in the Medium Term

Published: 2024-09-27 | Translated from: ikon.mn

Speaker of the State Great Khural D. Amarbayasgalan received the draft resolution of the State Great Khural on "Approval of the Main Directions of the State Monetary Policy for 2025" from the Governor of the Bank of Mongolia B. Lkhagvasuren. The monetary policy to be implemented next year will mainly focus on stabilizing the economy and inflation in the medium term. Mongolia has successfully overcome the economic difficulties aggravated by the pandemic and geopolitical tensions, with the financial market and the economy recovering. The draft includes monetary and financial policies aimed at maintaining this recovery steadily in the medium term. Specifically, it plans to implement a monetary policy based on market principles to stabilize inflation at 5% (+/-2 percentage points) in the medium term, supporting stable economic growth and protecting the real income of citizens. In addition, it outlines objectives such as implementing a strategy to enhance the public's financial and economic literacy and ensuring the central bank's policy, activities, and implementation are open and transparent to the public, according to the State Great Khural's Press Office. Warning: Media organizations (TV, Radio, Social Media, and Websites) must mention the source (ikon.mn) when using our information in any form, either wholly or partially.

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Salaries and Pensions Will Increase Annually in Line with Inflation

Published: 2024-09-27 | Translated from: news.mn

The Minister of Family, Labor, and Social Welfare, L. Enkh-Amgalan, provided information regarding the measures to be implemented by the ministry in the future, including the creation of a fund from the social insurance fund to be transferred to housing loans, as well as budgetary matters. For the upcoming 2025 state budget, 4.5 trillion MNT has been allocated for the activities of the Ministry of Family, Labor, and Social Welfare. Out of this, 2.6 trillion MNT will be spent on children's money and allowances. The ministry will cover the deficit arising from the payment of pensions from the social insurance fund, incurring an expenditure of 1.4 trillion MNT. During this event, Minister L. Enkh-Amgalan stated, "The social insurance fund is experiencing significant losses. The time has come to discuss whether Mongolia will continue to have a pension insurance fund or not. Social insurance subsidies from the state budget are increasing. In other words, by 2025, 1.4 trillion MNT will be taken from the state budget to pay pensions. By 2026, it will be 2.5 trillion, and by 2027, 2.9 trillion MNT is expected to be taken from the state budget for pensions, posing a risk." Next year, it is planned to increase pensions and salaries by six percent, and the budget has been submitted to the parliament. Additionally, there is now a legal provision to adjust pensions annually in accordance with inflation. This year, the social insurance package law has come into effect, and major reforms are being made in connection with this. For instance, individuals and enterprises paying social insurance contributions have started accumulating in a named account. In addition, for elderly people who have lost their spouses, the pension of the remaining spouse will be increased by 20%. Employers often criticize that the social insurance contributions are high, and not everyone can benefit from it. Therefore, in the future, there will be a regulation to make unemployment and industrial insurance tied to social insurance contributions beneficial for employers. Starting from January next year, the social insurance package law will be implemented, and the following reforms will be made. Pensions will be increased annually in line with inflation. Furthermore, the ministry has become responsible for the accumulation fund. Within this framework, the accumulation fund will be used for health, education, and housing loans. It is planned to implement a private pension system, with efforts underway to enable pensioners to receive pensions from multiple sources once they retire.

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Proposal to Set Tiered Mortgage Interest Rates Introduced

Published: 2024-09-27 | Translated from: itoim.mn

Prime Minister L. Oyun-Erdene announced that he will head the National Housing Committee. With the Prime Minister leading this committee, the aim is to speed up the housing process for young people and increase access to mortgages. Our country provides between 1 to 1.2 billion MNT in mortgage loans annually. This means that approximately 6,000 households can avail themselves of mortgage loans each year. However, due to an inability to meet demand, there is a backlog and waiting period at the banks for mortgage loan applications, which takes about 2-3 years to process. Despite high demand for mortgage loans, funding is limited, leading to these long queues. Therefore, the Bank of Mongolia has presented a proposal to the Prime Minister to set tiered mortgage interest rates. Specifically, they suggested 10-12% interest rates for zone A in Ulaanbaatar, 8% for zone B, and 6% for rural areas. Regarding this, the President of the Bank of Mongolia, B. Lkhagvasuren, stated, "To increase mortgage loan accessibility, higher interest rates will encourage more bank participation. This is because banks cannot provide loans at 6% interest if they are getting deposits at 12%. So, it is necessary to raise the 6% rate. A 6% interest rate is very low. While people are taking out loans with 17-18% interest to do business, housing loans are at 6%. Under the regional revitalization policy, it can remain 6% in rural areas. However, in the A zone of Ulaanbaatar, where we don't want to increase congestion, the housing loan interest should be at market rates. MIK raises bonds internationally and then converts them into mortgage loans. The interest on these loans is between 12-14%. There are enough resources at a 14% interest rate for mortgage loans. Thus, the proposal to have differentiated interest rates was presented. It can be 6% in rural areas, and different levels, such as 8%, for zone B closer to the city center, can be set. If such changes are made, the resources are sufficient." This is a version introduced by the Bank of Mongolia and has not been finalized. The final decision will be made by the National Housing Committee headed by Prime Minister L. Oyun-Erdene, and it seems there will be significant reforms to the mortgage program soon.

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What is to be Done with the Untouchable "PetroChina Daqing Tamsag"?

Published: 2024-09-27 | Translated from: unuudur.mn

For many years, a company with Chinese investment, "PetroChina Daqing Tamsag," has been conducting operations in the vast Menen Steppe of Eastern Mongolia. This great steppe is a major grazing area for the white gazelle, and the company extracts thousands of tons of oil daily from beneath it, which is then transported across the border to the southern neighbor. Many unpleasant discussions surrounding the company's operations arise on social media and among local residents. There have been investigations by law enforcement agencies, but no accountability has been enforced against them. During a spring session of the Parliament's Standing Committee on Security and Foreign Policy, it was discussed that "the General Taxation Department imposed a 436 billion MNT tax levy. The Social Insurance Department imposed a 4.7 billion MNT levy, which was forcibly executed. The National Audit Office imposed a 66.5 billion MNT levy. These have affected the decrease in extraction. Another reason relates to the APMRT, or the license for using mineral resources. The management of 'PetroChina Daqing Tamsag' LLC does not accept the issues related to APMRT." In other words, the company has reached the current year while "dragging its feet" under the guise of a production-sharing agreement, avoiding taxes and social insurance contributions lawfully payable in Mongolia. Before this, the head of the Petroleum Authority, colluding with the 'PetroChina Daqing Tamsag' company, allegedly took a large amount intended for state taxes into a private account via a Hong Kong company, potentially laundering money. Although proposals to amend this agreement had repeatedly been made, there were no results. Officials with authority in the Petroleum Authority allegedly used the money derived from this agreement to fund the overseas education of their relatives. This suggests that neither the Petroleum Authority nor related agencies are inclined to alter this agreement. The absence of other investors interested in entering the oil extraction sector may have contributed to "PetroChina Daqing Tamsag" becoming dominant. Let us present some cases related to the "PetroChina Daqing Tamsag" company, which are being prepared for investigation and court decisions by our legal and enforcement agencies. EVASION OF CUSTOMS DUTIES AND SOCIAL INSURANCE CONTRIBUTIONS FOR ITS CHINESE WORKERS According to reliable sources, multiple cases involving "PetroChina Daqing Tamsag," a company with Chinese investment, have been investigated in the last three years. Specifically, seven cases related to "PetroChina Daqing Tamsag" LLC have been investigated, with one transferred to court. Three cases are currently under investigation. Among them is a case of evading social insurance contributions for over 1,700 workers. The company annually brings over 500 workers from China to engage in labor in Matad District, Dornod Province for its oil extraction and transportation operations. However, it was determined through investigations that the management of the company, under the disguise of production-sharing agreements made in 1993 and 1995 with our country, evaded paying 2.4 billion MNT of social insurance contributions from over 6.4 billion MNT salary income of more than 1,700 Chinese workers who came and worked in Mongolia in 2019-2020. Prosecutors charged a Chinese national, Kan Dechuan, who served as executive director of "PetroChina Daqing Tamsag" LLC, as a defendant in January 2023. Initially, the Court of First Instance for Criminal Cases of Bayanzurkh District analyzed the case on February 1 and established that "PetroChina Daqing Tamsag" LLC committed a crime by evading social insurance contributions. However, Kan Dechuan was acquitted on the grounds that he was not authorized to prepare the company's social insurance reports. Thus, the Economic Crime Investigation Department continues its investigation following the decision to re-examine the case. Although the court established that "PetroChina Daqing Tamsag" was responsible for failing to pay 2.4 billion MNT due to Mongolia's social insurance fund, it remains uncertain who will be held liable. Furthermore, the company's escape from customs duties is being investigated. The General Customs Agency reportedly checked the export and import data of "PetroChina Daqing Tamsag" LLC for 2018-2021. It was found that the price and amount of the imported goods were not matched to customs declarations. Out of 137 agreements reviewed, underreporting of 13.3 million USD, or 45.7 billion MNT, was noted in 33 agreements. This allegedly led to evasion of over 7 billion MNT in customs and VAT, causing damage to Mongolia's budget. This case is still under investigation. CAN THE COURT HANDLE THE ENVIRONMENTAL DAMAGE CASE? In the spring of 2023, numerous carcasses of white gazelles were found near oil field 21 in Khalkhgol and Matad districts of Dornod Province, which the "PetroChina Daqing Tamsag" LLC workers attempted to bury. This attracted considerable attention and caused a stir on social media. "PetroChina Daqing Tamsag" explained that these gazelles died due to malnutrition, and they were attempting to bury them after notifying the local government in Matad District. Subsequently, officials from the Ministry of Environment, Green Development, and Tourism conducted unscheduled checks of oil fields 19 and 21 and reported their findings. In March, the ministry also communicated with the company's management, as reported by journalists. Following this, the Environmental Police investigated the company's acts that possibly caused ecological damage. In their production-sharing contract, they committed to constructing a 58.5 km paved road linking oil field 21 in Khalkhgol District to Bayankhoshuu Border Point. However, they failed to fulfill this obligation and caused environmental damage by creating multiple track roads as heavy vehicles avoided dust clouds created by passing each other. Furthermore, from 2016 to 2020, soil contaminated with oil in field 19 was cleaned. Transporting this by unpaved roads created multiple tracks 58.5 km long and 8-20 roads wide, resulting in soil degradation and dust formation in Khalkhgol District. This caused significant pollution and ecological disruption on 443.4 hectares, as confirmed by environmental studies, assessing the damage at 2.1 billion MNT. Moreover, they illegally disposed of waste categorized as hazardous, possibly from oil processing operations, on non-designated sites. This resulted in pollution seeping 70 cm into the soil over 2,800 square meters since August 2021, causing ecological damage. Regarding this crime, the prosecution filed charges under Article 20.11-3 of the Criminal Code on behalf of a legal entity for disposing hazardous waste, chemicals harmful to human health, improperly. The case was transferred to the Court of First Instance for Criminal Cases of Inter-District Court in Dornod Province at the beginning of this month. Yet, local courts have not set a hearing date for this case.

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Proposal to Set a Tiered Mortgage Interest Rate Presented

Published: 2024-09-27 | Translated from: itoim.mn

The Prime Minister, L. Oyun-Erdene, announced that he would be heading the National Housing Committee. By heading this committee, the Prime Minister aims to accelerate the housing efforts for young people and increase the accessibility of mortgage loans. Our country is currently issuing mortgage loans worth about 1 to 1.2 billion MNT per year. This translates to approximately 6,000 households per year obtaining mortgage loans. However, it is not sufficient to meet the demand, resulting in a queue and backlog of 2 to 3 years for mortgage loan requests at banks. Despite high demand, limited financing is causing these long waiting periods. Therefore, the Bank of Mongolia has presented a proposal for a tiered mortgage interest rate to the Prime Minister. Specifically, it suggests an interest rate of 10-12% for Zone A in Ulaanbaatar, 8% for Zone B, and 6% for rural areas. The President of the Bank of Mongolia, B. Lkhagvasuren, explained, "Increasing the interest rate will enhance bank participation in increasing the availability of mortgage loans. Banks cannot offer loans at a 6% interest rate after raising deposits at 12% interest. Six percent is very low. People take loans at 17-18% interest to run businesses, while housing loans are at 6%. It’s reasonable to keep it at 6% only in rural areas for revitalization. In Ulaanbaatar, especially in Zone A, there is no need to offer housing loans at a 6% interest rate, which will only increase congestion. It should be at the market rate. MIK brings in bonds from abroad and converts them into mortgage loans with interest rates of 12-14%. There's availability at 14%. Therefore, we're proposing a differentiated interest rate. Six percent for rural areas, commercial rates towards the city center, and possibly 8% for Zone B. If such changes are implemented, funding will be ample." This is the option presented by the Bank of Mongolia and has not been finalized yet. The National Housing Committee, chaired by Prime Minister L. Oyun-Erdene, will make the decision, and significant reforms to the mortgage program are expected soon.

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Proposal to Set Tiered Mortgage Interest Rates Introduced

Published: 2024-09-27 | Translated from: itoim.mn

Prime Minister L. Oyun-Erdene announced that he will head the National Housing Committee. It was explained that by leading this committee, the aim is to accelerate the housing efforts for young people and increase the accessibility of mortgage loans. Our country provides mortgage loans totaling 1-1.2 billion MNT annually. This means approximately 6000 families a year are able to obtain these loans. However, the supply is still not meeting the demand, resulting in a queue and a backlog of mortgage applications in banks that takes 2-3 years to address. Although there is high demand for mortgage loans, the financing is limited, leading to this long wait. Thus, the Bank of Mongolia has introduced a proposal to the Prime Minister to establish tiered mortgage interest rates. Specifically, they suggested an interest rate of 10-12% for the A zone of Ulaanbaatar, 8% for the B zone, and 6% for rural areas. Regarding this, the Governor of the Bank of Mongolia, B. Lhagvasuren, said, "By increasing the interest rates to enhance mortgage loan accessibility, bank participation will increase. The reason being that banks are not able to offer loans at a 6% interest rate after collecting deposits at a 12% interest rate. Therefore, the 6% interest rate needs to increase. A 6% interest rate is very low. People are engaging in business with loans at 17-18% interest rates, while housing loans are at 6%. In the context of regional revival, a 6% rate can be maintained for rural areas. However, giving housing loans at 6% in Ulaanbaatar, especially in areas named as the A zone, is unnecessary as traffic congestion increases. It should be at market interest rates. MIK (Mongolian Mortgage Corporation) raises funds from international bonds, transforms them into mortgage loans, and issues them. These loans have an interest rate of 12-14%. Mortgages at a 14% interest rate are sufficient. The sources are available. This is why we presented the proposal for differentiated rates. It can be set with 6% for rural areas, commercial rates for city centers, and maybe 8% for B zones. If such changes are made, the sources of funds are adequate." This is a proposal introduced by the Bank of Mongolia and has not been finalized. The National Housing Committee, led by Prime Minister L. Oyun-Erdene, will make the decision, and it seems there will be significant reforms in the mortgage program in the near future.

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Transfer of Accumulated Funds from VAT to Housing Loans

Published: 2024-09-27 | Translated from: news.mn

The Ministry of Family, Labor, and Social Protection is providing information about creating savings from the social insurance fund to transfer to housing loans and updates related to family policy. Minister of Family, Labor, and Social Protection, L. ENKH-AMGALAN, stated: "Our ministry will focus on developing comprehensive services related to family issues, including family education, law, legal and social protection policies, and housing programs. Globally, nations support individuals through specialized employment services rather than direct financial aid as part of the transition from welfare to work. Mongolia will also support specialized employment services. The budget of the Employment Support Fund is increasing by 145.9 million MNT, or 61.9 billion MNT, from 2024. There are issues regarding the debts of the social insurance fund, amounting to a total of 160 billion MNT. We have made certain decisions and requested the prosecutor’s office to investigate. It has been decided to check the decisions made by the National Social Insurance Council and investigate when and how much debt was accumulated. The deficit of the social insurance fund is not state budget money. It is the people’s money. Therefore, if necessary, we will discuss it openly in Parliament."

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Diplomacy

"AMUULAI PARTNERSHIP Business Meeting 2024" Successfully Organized to Connect Leading Japanese Health and Beauty Industries with Mongolian Entrepreneurs

Published: 2024-09-27 | Translated from: ikon.mn

The "Amuulai" company, which is introducing Japanese beauty, health, and household products to the Mongolian market, successfully organized the "Amuulai Partnership Business Meeting" and exhibition today. The event was attended by representatives from over 200 key Mongolian trading companies and 15 guests and representatives from more than 10 Japanese companies producing beauty, health, and household products. During the event, Mongolian retailers met with Japanese health and beauty product manufacturers to exchange ideas on how to make quality and reliable products that meet the demands of Mongolian consumers more accessible, as well as to discuss retail trends and business expansion opportunities. This is notable as it is the first time such an event has been organized in Mongolia. According to the organizers, "Amuulai" company aims to serve as a major bridge in initiating cooperation between Mongolian retailers and more than 10 Japanese health and beauty product manufacturers. Amuulai LLC’s Business Development Director Ö. Ariunzaya stated, "Amuulai has been active for 22 years, importing high-quality, safe Japanese products into the Mongolian beauty market. Our company distributes products through official retail chains like I-Mart, Nomin, and Sansar. The main goal of this event is to serve as a central bridge for collaboration between more than 10 Japanese manufacturers of health and beauty products and Mongolian retailers. This event provides an opportunity for retailers to directly meet manufacturers and bring the products they desire into their stores, a first-of-its-kind event in Mongolia. "Amuulai" acts as the official distributor for 47 Japanese companies and sells over 4,000 products in Mongolia. Today’s exhibition features over 400 products. We plan to expand our activities in cosmetics, hair and skin care, health, household, and food products," she said. Koji Yoshida, CEO of the invited Paltac company, shared his thoughts: "I am very pleased to participate in this event for the first time. It is an incredibly well-organized booth with wonderful guests. Paltac has been collaborating with Amuulai for 16 years, working to bring quality Japanese beauty and health products to the Mongolian market. We invited major Mongolian retail companies to today’s event to ensure our products reach Mongolian consumers more effectively. We view the Mongolian market as relatively promising with its young and continuously growing population. The demand for quality, reliable products has not yet been fully satisfied, leaving room for a wide variety of products. Paltac is a wholesale trading company that was established 126 years ago and supplies beauty and health products to retail companies, leading in logistics and wholesale distribution in Japan. Founded in 2002, "Amuulai" has expanded its business over the past 22 years, establishing new projects such as "Mild cosmetics," "Cose cosmetics," "OEO" crafts company, "Ton618 Concept Store," "IKIGAI Training Center," and "GENKI Family Store," providing quality, standard-compliant products and services under the concept of "Service Beyond Expectations for EVERYONE." Please note that media outlets (TV, Radio, Social Media, and Websites) must always mention their source (ikon.mn) when using our information either in full or partially.

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Mongolia-China Border Checkpoints to Close on October 1-7

Published: 2024-09-27 | Translated from: isee.mn

During the National Day holidays of the People's Republic of China, from October 1-7, 2024, the road and port operations of Ereen Hot in the Inner Mongolia Autonomous Region (IMAR) will be closed for a week. Therefore, it is advised for travelers to China to pay attention to their travel date and visa duration. According to the intergovernmental agreement titled "On Border Checkpoints and Their Regime" between Mongolia and China, border checkpoints are temporarily closed during public holidays, as reported by the embassy. However, the customs control and clearance operations of the Mongolian Customs organization will continue as usual. Hence, it is advised to quickly withdraw goods and products from the Chinese side.

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The Valuable Element of Sino-Mongolian Friendship is Mutual Trust and Close High-Level Relationships

Published: 2024-09-27 | Translated from: gogo.mn

The 75th anniversary of the founding of the People's Republic of China and the 75th anniversary of the establishment of diplomatic relations between the People's Republic of China and Mongolia were celebrated. On this occasion, the Chinese Embassy in Mongolia hosted an official event, inviting Mongolia's state leaders and relevant officials. During the event, Chinese Ambassador Shen Minjuan opened with a speech, stating: "China's new development will inevitably bring new opportunities to the world, and especially inspire developing countries. We will continue to support the industrialization of developing countries, assist in solving people's livelihood issues, aim for sustainable development as soon as possible, and work together for a better tomorrow. The fundamental goal of Sino-Mongolian friendship is to develop together. Looking back, the core value of Sino-Mongolian friendship is mutual trust, a close high-level relationship, deep friendship between the peoples, and respecting each other's fundamental interests. The clearest manifestations of Sino-Mongolian friendship are reciprocal aid actions such as the significant efforts of workers sent to assist Mongolia in the 1950s and 1960s, the warm gesture of 'Tea in exchange for sheep' during the pandemic, mutual aid during the Wenchuan earthquake, and assistance during the white disaster of the herder's settlements. Noteworthy projects familiar to the Mongolian people, such as the "Peace Bridge," the highways and central water treatment plant built under the "Central Belt and Road" initiative, and the upcoming achievement of 20 billion dollars in trade volume between the two countries, are examples of the shared aspirations for development, cooperation, and mutual benefit on the path to progress. Prime Minister L. Oyun-Erdene stated: "Mongolia and the People's Republic of China are eternal neighboring countries. I extend deep gratitude to all those who contributed to the efforts of the friendship between the two countries over the 75-year historical relationship in all sectors. During the 75 years since its founding, the People's Republic of China has achieved rapid development, successfully defined its history of development with Chinese characteristics, and today plays a decisive role in global peace, stability, and economic development, for which we, as a neighboring country, are sincerely thankful. Eternal neighboring countries should affirm their confidence day by day and create the historic path of exemplary neighboring country relations. The rapid development of the People's Republic of China creates new development, opportunities, and a platform for new cooperation with neighboring countries. With this historic anniversary, it's our duty to remember the 75-year history of friendly relations, strengthen the traditional relations continuously developed since the foundations laid by the previous generations, and define new stages in mutually beneficial cooperation that will unfold more dynamically in the coming years. Since 2011, with the financial assistance of the People's Republic of China's irrevocable aid, three projects worth 3.3 billion dollars have been successfully implemented, and six projects are ongoing. The mutual trust and friendly relations between the two countries should not be repeated by geopolitical events of the international era. Eternal neighboring countries should affirm their confidence day by day and create the historic path of exemplary neighboring country relations," he said.

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Mongolian and Dominican Citizens to Travel Visa-Free

Published: 2024-09-27 | Translated from: isee.mn

Minister of Foreign Affairs B. Battsetseg met with the Minister of Foreign Affairs of the Dominican Republic, Roberto Alvarez, at the Permanent Mission of the Dominican Republic on September 26, during her participation in the General Debate of the 79th session of the United Nations General Assembly. During the meeting, the parties exchanged views on the possibilities for developing relations and cooperation between the two countries. They also signed an agreement between the Government of Mongolia and the Government of the Dominican Republic on mutual exemption of visa requirements for all types of passport holders, and a memorandum of understanding on political consultations between the Ministry of Foreign Affairs of Mongolia and the Ministry of Foreign Affairs of the Dominican Republic. By establishing these documents, the parties have established a mechanism for consultation talks between the Ministries of Foreign Affairs aimed at developing the newly evolving bilateral cooperation in mutually beneficial areas such as politics, trade and economy, tourism, education, and culture. Additionally, conditions have been created for the citizens of both countries to travel visa-free.

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Antonio Guterres: Mongolia's Success in Implementing Its Peaceful and Open Foreign Policy is Commendable

Published: 2024-09-27 | Translated from: unuudur.mn

The 79th session of the UN General Assembly commenced at the UN headquarters in New York. The general debate of the session is being held under the theme "Leaving no one behind: Advancing peace, sustainable development, and human dignity for present and future generations" and will continue until the end of the month. High-level representatives from 88 countries, including heads of state, vice presidents from three countries, heads of government from 35 countries, and deputy premiers from six countries are participating. During his participation in the general debate, President U. Khurelsukh met with UN Secretary-General Antonio Guterres. He discussed the issues facing the international community, advancing the Sustainable Development Goals, combating climate change, peacekeeping operations, and promoting gender equality, expressing gratitude for the consistent support the UN has shown to Mongolia's initiatives in these areas. He also provided information about the successful organization of the World Women's Conference and the "Ulaanbaatar Dialogue" on Northeast Asian security issues in Ulaanbaatar, stressing Mongolia's commitment to strengthening its cooperation with the UN in every direction. UN Secretary-General Antonio Guterres highlighted the importance of Mongolia hosting the 17th Conference of the Parties to the UN Convention to Combat Desertification in 2026 and praised Mongolia's contributions to solving regional and international issues. He remarked that "Mongolia's successful implementation of a multi-faceted, peaceful, and open foreign policy, which balances and vigorously develops relations with its two eternal neighbors and other countries around the world, is commendable." He also noted that Mongolia serves as an important member of the UN and the international community, acting as a bridge of mutual understanding and trust among the countries of its region. Additionally, the UN expressed its intention to deepen and strengthen its cooperation with Mongolia.

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Mongolian and Dominican Citizens Can Travel Visa-Free

Published: 2024-09-27 | Translated from: montsame.mn

During her participation in the General Debate of the 79th Session of the United Nations General Assembly, Foreign Minister B. Battsetseg met with the Foreign Minister of the Dominican Republic, Roberto Alvarez, at the Permanent Mission of the Dominican Republic. During the meeting, the parties exchanged views on opportunities to develop relations and cooperation between the two countries. They also signed an agreement between the Government of Mongolia and the Government of the Dominican Republic on mutual visa exemptions for all types of passport holders, and a memorandum of understanding between the Ministry of Foreign Affairs of Mongolia and the Ministry of Foreign Affairs of the Dominican Republic on political consultations. The establishment of these documents creates mechanisms for Foreign Affairs ministries to conduct discussions aimed at turning the growing bilateral cooperation in areas such as politics, trade, economy, tourism, education, and culture into practical agreements. Additionally, conditions are now established for citizens of both countries to travel visa-free.

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Infrastructure

Six-lane, 33 km Expressway Along the North Bank of the Tuul River

Published: 2024-09-27 | Translated from: gogo.mn

During peak hours, 16,000 vehicles travel from Yarmag to the city center. To address this issue, a phased implementation of road and bridge construction projects is underway. A 2.8 km road and bridge construction from Naadamchdyn Street to Energy Street has been put into service. Prime Minister L. Oyun-Erdene and Mayor of Ulaanbaatar City, Kh. Nyambaatar, were present at the site. During this time, Mayor Kh. Nyambaatar provided information about the development projects in Ulaanbaatar and the new roads to be built by 2025. He stated, "The new Yarmag bridge has been put into operation, reducing the load on the old Sonsgolon and Yarmag bridges. This is the longest bridge built in Mongolia. Next year, bridge construction will start from the northern end of Energy Street across the north of Kharkhorin. This will connect Enkhtaivan Avenue with Naadamchdyn Avenue. In 2025, for the first time, expressway construction within the city will commence in the capital. A blueprint for a 33 km six-lane Tuul Expressway along the north bank of the Tuul River, from the Bayanzurkh checkpoint to the Darkhan Expressway, has been developed. Preparations are underway to approve the budget at the Ulaanbaatar City Council in December. We aim to swiftly begin these projects. Overcoming and solving many issues encountered during construction works will help in reducing future congestion. Temporary measures such as license plate restrictions and traffic regulation do not resolve traffic congestion. We are implementing administration and legal decisions, and according to the plan, investments and construction works to bring into service second-level or ring road expressways, metro, and special lane BRT (Bus Rapid Transit) systems are being carried out," he said. From the experiences of countries that have reduced traffic congestion, they have built second-level or ring road expressways within the city. Therefore, in 2025, Ulaanbaatar will start work on a second-level road for the first time. All current first-level roads are planned to be renewed by June 1, 2025. The tender for the relevant consulting services for the semicircular ring road on the aforementioned Tuul Expressway has also been announced.

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The tender for the company to build the metro will be announced next week

Published: 2024-09-27 | Translated from: news.mn

City mayor H. Nyambaatar participated in the election campaign today and delivered a speech. He said, "In 1983, when S. Munkhjargal was the then executive director of the city, the suggestion to have a metro for Ulaanbaatar was first advanced. It has been 41 years since then. Then in 2014, Japan's JICA international organization developed the feasibility study for the metro. Unfortunately, because of our politicization, large projects have not moved until today. Additionally, because of saboteurs carrying mobile phones everywhere, the city has not been able to overcome its energy shortages. In that sense, we are kicking off the metro project. Leading companies from Japan and South Korea have been selected for the metro project's consulting service tender and are doing their work. Next week, on October 3rd, we will announce an international open tender to select the company for the execution of the metro," he said. The mayor of Ulaanbaatar, H. Nyambaatar, made an announcement. He stated, "The capital city of Ulaanbaatar has made the decision to begin metro construction work, and last February, the city council approved the budget for the metro. A two-stage tender selection process is planned. The first phase also has two stages. Initially, a tender was announced to select a consulting service team. The first phase concludes today. To participate in the project's consulting service team tender, 20 companies from 11 countries have expressed their interest and submitted their documents for the Ulaanbaatar metro project," he highlighted.

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UBTZ LLC to Rent 100 Additional Cars for Transporting Coal to CHP

Published: 2024-09-27 | Translated from: news.mn

"Ulaanbaatar Railway" LLC plays an important role in supplying heat and electricity to the capital city and major urban areas. Nearly 1,800 wagons of "UBTZ" LLC are continuously transporting coal 24 hours a day to the CHP-2, CHP-3, CHP-4 in Ulaanbaatar, and Amgalan CHP, as well as the CHPs in Darkhan and Erdenet. As the demand for electricity and heat in these urban areas increases, the volume of coal transportation for energy is rising. This year, it is estimated that domestic coal transportation will increase by 15% compared to last year. "UBTZ" LLC annually transports about 10 million tons of coal for energy, supplying thermal power plants with coal. To ensure that the capital and major urban areas' households and offices are reliably supplied with heat and electricity, "UBTZ" LLC pays special attention to maintaining the coal reserves of the CHPs. Currently, CHP-2 in Ulaanbaatar has an 18-day supply, CHP-3 has a 14-day supply, CHP-4 has a 17-day supply, Amgalan CHP has a 40-day supply, Darkhan CHP has a 15-day supply, and Erdenet CHP has a 20-day supply. In preparation for the winter, in order to increase the coal reserves of the power plants, UBTZ is renting additional wagons from companies, including "Tavantolgoi Railway" LLC, in addition to using its own wagons. "UBTZ" LLC has been reliably organizing the transportation of coal for CHPs for many years as part of its social responsibility, although this transportation incurs significant losses, which limits its ability to renew its rolling stock. Source: "UBTZ" LLC

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The First Phase of Selbe Subcenter's Residential Construction Will Begin This Fall

Published: 2024-09-27 | Translated from: gogo.mn

The construction work of the first phase of the residential buildings in Selbe Subcenter will commence this fall on 13 hectares of land in the 18th khoroo of Chingeltei District. A total of four companies submitted their tender documents for the two construction packages of residential buildings on this 13-hectare plot, with the tender opening taking place on September 24. In the first package, "Hunan Industrial Equipment Installation" and "Bodi Properties" companies submitted materials. In the second package, "China Construction Continent and Ocean Mongolia" and "Hunan Industrial Equipment Installation" companies provided documents. Today, the Tender Evaluation Committee's first meeting for selecting the executing company of this international open tender was held. The Chairman of the Selbe Subcenter Tender Evaluation Committee, N. Manduul, highlighted, "We have announced an open tender in accordance with international standards. We have opened up opportunities for globally leading companies with strong capacity and experience to participate." The Selbe Subcenter spans four khoroos across Chingeltei and Sukhbaatar districts, and the project is planned to be completed by 2028. As a result, it aims to build a residential area with 12,000 apartments fully equipped with social infrastructure such as schools, kindergartens, and hospitals. In the first phase of this tender for the 13-hectare site, a total of 18 blocks of residential buildings will be constructed over two sites.

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The First Phase of Housing Construction in the Selbe Sub-center to Begin

Published: 2024-09-27 | Translated from: montsame.mn

The assembly work for the first phase of housing construction in the Selbe sub-center of the capital will soon commence on a 13-hectare plot of land in the 18th khoroo of Chingeltei district. Four companies have submitted their tender documents for the two packages of construction work on this land, and the tender was opened recently. For the first package, "Hunan Industrial Equipment Installation" and "Bodi Properties" submitted materials, while for the second package, "China Construction Continent and Ocean Mongolia" and "Hunan Industrial Equipment Installation Company" provided materials. The initial meeting of the tender evaluation committee, which aims to select the executing company for this international open tender, took place. N. Manduul, Chairman of the tender evaluation committee for the "Selbe" sub-center, emphasized that "By announcing the tender, we have fully opened opportunities for leading global companies, equipped with experienced personnel" to participate. The Selbe sub-center project covers the land of four khoroos in Chingeltei and Sukhbaatar districts of the capital and is planned to be completed in 2028. As part of this, a residential complex with 12,000 apartment units, complete with schools, kindergartens, and hospitals to meet basic social needs, will be constructed. According to the Capital Governor’s Public Relations Department, as a result of the tender for this initial phase on the 13-hectare area, 18 blocks of apartment buildings will be erected on two sites.

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Decision to Select Company for Housing Construction in the Selbe Sub-Center to be Made Within 15 Working Days

Published: 2024-09-27 | Translated from: isee.mn

In the 14th subdistrict of Sukhbaatar District and the 14th and 18th subdistricts of Chingeltei District, a project to convert ger districts into housing is being implemented, centered around the Selbe sub-center. A decision regarding the selection of a company to construct housing will be made within 15 working days. Specifically, the Selbe sub-center encompasses the territories of four subdistricts of Chingeltei and Sukhbaatar Districts, and the project is planned to be completed by 2028. For two packages of construction works to be carried out in a total area of 13 hectares, four companies have submitted their tender documents. The tender was opened on September 24. For the first package, "Hunan Industrial Equipment Installation" and "Bodi Properties" companies submitted materials. For the second package, "China Construction Continent and Ocean Mongolia" and "Hunan Industrial Equipment Installation" companies submitted materials. In addition, the first meeting of the tender evaluation committee for selecting an international open tendering performing company has been held, and it was stated that the committee is legally required to make a decision on selecting the performing company within 15 working days.

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There is anticipated to be a shortage of 70-80 MW during peak winter load

Published: 2024-09-27 | Translated from: news.mn

The State Secretary of the Ministry of Energy, N. Tavinbekh, has expressed his stance on whether the energy sector is prepared to handle the peak load this winter and on the issue of raising energy prices and tariffs. He stated, "The issue of changing energy prices and tariffs is decided independently by the Energy Regulatory Commission. The Energy Regulatory Commission has not yet officially made a decision on how much to increase energy prices. A revision of electricity tariffs is inevitable. However, the timing is the main issue. The matter of increasing prices and tariffs will be thoroughly studied from various angles, including an analysis of how it will affect the Consumer Price Index and inflation, in cooperation with the Bank of Mongolia and the National Statistical Office. Consumers' payment capacities are also taken into consideration. As of now, there is no final position on when and how much to increase energy prices. The organization that makes independent decisions on price tariffs is in control of this issue. In terms of tariffs, 19 different price tariffs are being used. This is a common international practice. Prices and tariffs are set differently depending on the consumer's payment and usage, as well as the influence on the system. Due to failure to carry out planned jobs on time, many difficulties have arisen in the energy sector. The energy sector is being managed according to a structure that is successfully implemented internationally. Mongolia's energy sector has unique characteristics not found in other countries. In terms of total consumption structure, household consumption predominates. Predominance of household consumption brings many negative impacts to the sector. For instance, it creates the peak loads we have been discussing. In general, the load increases by 20-30% between 5 PM and 9 PM and stabilizes at other times. Addressing this sudden increase in consumption is a pressing issue for Mongolia's energy sector. In fact, the energy sector does not face capacity shortages at other times. It is only during the peak hours in winter that there is a capacity shortage, making it unable to meet demand. The growth in consumption is higher than our estimates. This is a positive indicator. Economic growth is best indicated by growth in energy consumption. In recent years, energy consumption has increased by around 10% in some seasons. We have not sat idly by to meet this growth. In the last four years, Mongolia's energy sector capacity has been increased by 417 MW. This includes both traditional technology sources and renewable energy sources. For instance, this year, the Dornod Combined Heat and Power Plant is being increased by 50 MW with private sector investment, and the Booroljuut CHP by 150 MW is being put into operation. In other words, the installed energy capacity of Mongolia's energy sector is being increased by 200 MW before this winter's heavy load. Nevertheless, consumption growth during peak hours exceeds expectations. According to this year's estimates, there is anticipated to be a shortage of 70-80 MW to overcome the peak load. If such an increase occurs during peak hours, there will be restrictions of 70-80 MW accordingly. These restrictions will be announced in advance, and electricity will be limited. Restrictions are being implemented in two ways. Firstly, consumption is reduced in agreement with consumers. This is not a very difficult matter. Why can't large factories change their shifts during peak hours, switch to savings mode, and reduce production levels? Such possibilities exist. This is a method and mechanism that exists internationally. We propose such solutions to navigate through difficult situations. On the other hand, until today, the Tavan Tolgoi Power Plant and the Baganuur Power Plant have not been built. This is because domestic companies compete against each other for this small market. For instance, since whoever takes Tavan Tolgoi will benefit, investors compete with each other and block the project. Currently, the Tavan Tolgoi Power Plant issue is undergoing legal proceedings, as they cannot select a company to build it. A permit was given to implement a power plant project in Baganuur, but work is stalled due to the appearance of a competing company.

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S. Tsedeensodnom: Households around 10th District to Receive Heat and Hot Water Next Monday

Published: 2024-09-27 | Translated from: ikon.mn

The repair work on the 11G and D heat pipeline from Khaniin Zuuch Company to the 10th District in the Bayangol District of the capital has been ongoing for over two months. The progress of the heat pipeline renovation was reported today. The head of the Capital City's Investment Agency, S. Tsedeensodnom, stated, "The repair in this area started on July 15. Because we are ordering pipes and materials from overseas, the process is time-consuming. By renewing this pipeline, the heat loss in Ulaanbaatar will decrease by 5-15%. Currently, the work on extending the 11G and D main line from the Sapporo Safety Circle to the 25th Pharmacy is 95% complete. We are burying the dug holes and restoring the roads. Over the weekend, pressure testing of the 1000-line pipes will be conducted. As a result, on next Monday, September 30, households around the 10th District will be provided with heat and hot water," he said. Notice: Please note that media organizations (television, radio, social, and web pages) must cite the source (ikon.mn) when using our information in any form, either fully or partially.

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Society

"Nest Center" Shared Challenges and Advances in Mongolia's Media Industry at the UN General Assembly Session

Published: 2024-09-27 | Translated from: itoim.mn

The Nest Center for Journalism Innovation & Development, Mongolia, participated in a sectoral discussion about the independence of the media sector organized during the 79th session of the United Nations General Assembly held in New York City, USA. The 79th General Assembly's General Debate, held under the theme: "Leaving no one behind: working together for peace, sustainable development, and uprighting human dignity for present and future generations," included many sectoral sessions, one of which discussed the importance of the media sector in strengthening democracy and ensuring human rights. This meeting, organized by the International Fund for Public Interest Media (IFPIM), was attended by B. Dulamkhoryoo, the founder of the Nest Center for Journalism Innovation & Development, who shared the challenges and advancements occurring in Mongolia's media sector. The International Fund for Public Interest Media was established with the aim of increasing investment flows into the media sector from development funding and fostering global sustainable development in the media industry. It was founded by international media sector stalwarts, including Maria Ressa, the 2021 Nobel Peace Prize laureate, and Sir Mark Thompson, Chairman of CNN Worldwide. In its first three years, the fund set the goal of attracting 40 million USD in investment for the media sector and successfully achieved this target. It is now entering its next development phase, aiming to raise a further 150 million USD to support over 300 media organizations in 50 countries worldwide. Representation from the Nest Center for Journalism Innovation & Development at this event was significant as it shared Mongolia's unique characteristics, opening up new developmental paths for numerous domestic media organizations.

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No Food Stamps for Able-bodied Individuals

Published: 2024-09-27 | Translated from: ikon.mn

The Ministry of Labor, Social Security and Family made an announcement about its welfare policy. Minister of Labor, Social Security and Family L. Enkh-Amgalan stated, "It is often said that the welfare expenses are a heavy burden on the state budget. Children's money was accounted as part of welfare. Additionally, social assistance policies like 'Mothers with Salaries', 'Age Benefit', and 'Mothers with Many Children' were regulated under the Welfare Law rather than social protection, hence welfare is deemed extensive. We need to clearly define which is welfare and which is social protection policy going forward. In 2024, 28.7% of the Social Welfare Fund's total expenditure will be directed towards target groups or vulnerable groups. This means only 30 out of every 100 tögrögs reach those in need, while the rest are spent on children from high-income families and affluent elderly people. The World Bank has also warned us that our welfare policy does not reach its target groups. In the past, we have focused more on separate groups such as children and people with disabilities, leaving families behind. Now, it seems more appropriate to implement family-based policies. In the future, welfare will only reach those who need it. Able-bodied individuals will be prepared for the market. This means people of working age will not receive food stamps. Currently, 100,000 people in Mongolia are receiving food stamps. Therefore, able-bodied individuals will not receive food stamps in the future, but will instead be provided with opportunities for employment. There are statistics showing that many different types of welfare are allocated to a single household. For example, in Bayan-Ulgii province, the most households are receiving multiple overlapping types of welfare. In Bayanzurkh district, 325 registered households receive all types of welfare, while in Songinokhairkhan district, there are 155 such households. Warning Media organizations (television, radio, social networks, websites) must cite their source (ikon.mn) when fully or partially using our information.

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M. Chinbat: Cyber Fraud is Fueling Money Laundering and Creating National Risks

Published: 2024-09-27 | Translated from: isee.mn

During the international academic conference organized by the Office of the Prosecutor General on the topic of "Processes for Investigating and Resolving Money Laundering Crimes: Challenges and Solutions," we spoke with M. Chinbat, the Deputy Prosecutor General. - What results are you anticipating from the conference discussing the challenges in combating money laundering crimes with relevant organizations? - One of our tasks in the fight against corruption is to refine national legislation, specifically to improve the legal framework for resolving money laundering crimes. There are criticisms as well as successes concerning the application of the law. Our scholars are highlighting what recommendations the international financial organization FATF has given us and what international standards require in their presentations. There are requirements for money laundering crimes in international conventions against corruption and the Vienna Convention. However, these require adaptation to the legal specifics of each country rather than strict adherence. We must coordinate all these aspects in a balanced and multifaceted manner. Our country is based on the civil law system. Legislation must be adapted considering our country's criminal context and the specifics of crimes. This aligns with the major legal reforms currently being implemented by the government and parliament. - What exactly is meant by money laundering crimes? - It refers to illegal income and money obtained from criminal activities. The process involves making income or property obtained from crimes appear legitimate and reintegrating them into the financial system for further use. It tends to have a severe social impact compared to other crimes. Within the financial system, it is challenging to distinguish. It typically involves crimes causing significant damage, such as theft, fraud, official misconduct, human trafficking, and cyber crimes. Recently, cryptocurrency crimes based on blockchain technology have emerged. Society has become somewhat aware of this type of crime, and investigative authorities are gaining experience. - What is the situation regarding money laundering crimes in our country? - According to Article 18.6 of the Criminal Code, in 2021, 329 money laundering cases were investigated; in 2022, 336 cases; and in 2023, 308 cases. Criminal charges were prepared for 70 cases in 2021, 80 in 2022, and 88 in 2023 and sent to court. In the first half of 2024, surveillance was conducted on 226 cases, preparing charges for 34 and transferring them to court. This type of crime has caused damages amounting to 322.1 billion MNT, of which 13.5 billion MNT have been reimbursed. During pre-trial investigations, assets worth 39.4 billion MNT were frozen, and 70.3 billion MNT worth of assets were confiscated. - The resolution rate of cases appears low. There is public skepticism that significant corruption and official cases disappear quietly. This resolution rate fuels public criticism, doesn't it? - The underlying crimes of money laundering cause significant damages, involve officials, particularly involving foreign asset transfers, leading to delays due to the need for legal assistance from abroad. The prosecutor's office is responsible for organizing legal assistance. Significant progress has been made in this area in recent years. - Recently, there was a scandal involving a senior official transferring money to Kazakhstan and constructing a building. Is money laundering done intentionally? - Money laundering crimes are committed intentionally. Often, those involved state that they "acted in accordance with the law and were wrongfully accused." What is your position on this? - Generally, an individual is not obligated to prove their innocence. However, the prosecutor, defense lawyer, and judge evaluate the evidence. The investigative body only collects evidence. The prosecutor evaluates this and makes proposals. Reading case files and reviewing evidence leads to different legal conclusions. Only professional lawyers can provide legal assessments. From an investigative standpoint, the tactics and methodologies have unique characteristics. Openly revealing everything would hinder fact-finding processes. Hence, operational methodologies are confidential. We must facilitate the conditions for investigative processes. The challenges in combating money laundering are not unique to our country. The global financial system is integrated, and new financial mechanics are constantly emerging. Understanding of cryptocurrencies did not exist here 10 years ago. New challenges are arising not only in Mongolia but worldwide. There is ongoing international dialogue on how best to combat these. We continuously work with international projects and organizations to learn and adapt good practices. Our national resilience and legal protections must be in place. Money laundering isn't just a white-collar crime; people with financial knowledge can commit it. Fraudulent crimes cause enormous damages and are transnational. Investigators and prosecutors require expertise in these areas. What policies do you follow for this? - We organize training for personnel within each organization to prepare and specialize them. We align with investigative teams for shared understanding through domestic and international training. To improve investigative, prosecutorial, and judicial processing of money laundering crimes, we need a unified understanding for progress. - Our country has faced challenges related to money laundering and financing terrorism in the grey list. Does this mean such risks are always present? - The international financial FATF organization considers us a high-risk environment. In 2019, we were placed on the grey list but removed nine months later. Following FATF recommendations, Mongolia regularly reports its progress. Recently in 2023, we were the first Asian country to fully implement all 40 recommendations. At the Asia-Pacific regional meeting in Saudi Arabia, Mongolia was praised. However, we cannot be complacent. We will undergo evaluation again in 2029. Measures and preparations are ongoing, including today's actions, to bolster national legislation and systems. - During the conference, it was highlighted that the judiciary's scope is limited in combating such crimes. What challenges do prosecutors face? - Investigative agencies must uniformly apply the law. Discussion is needed on refining legal standards and identifying money laundering and its foundational crimes. This involves identifying national risks. We identified these risks in 2017. With changes since then, significant internet-based crimes have emerged alongside corruption and official crimes, creating national risks. This area needs focused attention.

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Environment

URGENT: Attempt to Smuggle Large Amount of Prohibited Plants by Mongolian Citizens Uncovered at Russia's "Khiagt" Border

Published: 2024-09-27 | Translated from: isee.mn

It has been discovered that two Mongolian citizens were attempting to bring a large amount of prohibited plants into Russia through the "Khiagt" border checkpoint in Buryatia. Specifically, two Mongolian women were found transporting 178 kg of dried apricots. It is required by law to have a sanitary certificate when transporting these fruits. However, they did not have a plant sanitary certificate. As a result, the Mongolian women were seen as violating quarantine regulations, potentially spreading quarantine organisms. Additionally, under Article 10.2 of the Administrative Offenses Code of the Russian Federation, two protocols were issued. The products subject to regulation were sent back to Russia to obtain a phytosanitary certificate, according to the press service of the Rosselkhoznadzor Department responsible for Irkutsk Oblast and Buryatia.

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Praised for Effective Work in Improving Water Management

Published: 2024-09-27 | Translated from: unuudur.mn

Researchers and specialists from the Building and Architecture School of MUST (Mongolian University of Science and Technology) collaborated with universities from 11 countries, including China, Norway, Germany, Poland, and Sri Lanka, to successfully complete the project "Graduates in Water Management Adapted to Climate Change" over the past three years, according to public information. Within the framework of the project, efforts were made to enhance students' knowledge and understanding of water through higher education, update programs, train specialized personnel, empower teachers, and increase the capacity to adapt to climate change. Additionally, efforts were made to develop research in hydraulics (a field related to the mechanical properties of fluids in applied science and engineering) and to improve laboratory conditions. Moreover, specific actions were taken to improve the management of rainwater utilization. The European Union monitored the implementation of this project and rated it as "good."

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Extraction of Commonly Occurring Minerals in Dundgovi Province

Published: 2024-09-27 | Translated from: isee.mn

Under the pretext of extracting gravel and crushed stone, fluorspar, gold, lithium, graphite, copper, and similar minerals have been extracted, with Dundgovi province leading in the number of permits issued in this regard. The legal framework for issuing special permits for commonly occurring minerals has been in effect since 2013. Article 4, section 4.1.1 of the Law on Commonly Occurring Minerals defines "commonly occurring minerals" as those that can be used for road and construction materials and are abundantly distributed, such as sand, gravel, clay for bricks, marl, granite, and volcanic tuff. According to Article 14.4 of the law, the provincial governor decides whether to grant a special permit for exploration of commonly occurring mineral deposits, taking the proposal of the local council and the provincial representative council into account within 10 working days. Meanwhile, the provincial governor is responsible for deciding on the issuance of exploitation permits for commonly occurring deposits. As of September 2024, there are 57 valid special permits for commonly occurring minerals in Dundgovi province, consisting of 56 exploration permits and one exploitation permit. Research conducted between 2017 and 2019 identified a lithium zone in Dundgovi. Within this lithium zone, there are 24 special permits overlapping sites with mineralization of non-commonly occurring minerals, such as fluorspar, gold, graphite, coal, and copper. Additionally, by 2023, over 100 special permits for commonly occurring deposits had been issued in Dundgovi province, making it one of the provinces with the highest number of issued permits nationwide. Permits for exploration of commonly occurring minerals were frequently granted on sites overlapping areas of fluorspar, gold, lithium, graphite, and copper, posing the potential for illegal extraction of these minerals. For example, it is suspected that "Ikh Jash Erdene" LLC, operating in Delgerkhangai district of Dundgovi province, received an exploration permit for sand and clay for construction materials (licenses XV-48000053 (028/Du) and XV-48000052 (027/Du)), but likely engaged in illegal extraction of fluorspar in overlapping areas. Similar suspicions arise in Dundgovi province's Khuld district, where an exploration permit for commonly occurring minerals overlaps sites with fluorspar manifestations, potentially resulting in illegal fluorspar extraction. The same situation is observed in Ulziit district, where a commonly occurring mineral exploration license overlaps areas rich in fluorspar. Note: According to Article 24.2 of the Mongolian Criminal Code, illegal prospecting, extraction, processing, or usage of minerals without a permit, or unlawful intrusion into the earth's interior for purposes other than mineral extraction, is punishable by a fine of 5,400 to 27,000 units or imprisonment for one to five years if such activities are proven.

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Mongolia-South Korea Green Cooperation, Forestry Equipment Exhibition Highlights

Published: 2024-09-27 | Translated from: ikon.mn

The "Green Cooperation 2024" exhibition between Mongolia and South Korea was held today at the Blue Sky Hotel. This exhibition included participation from the General Agency for Specialized Inspection’s Forestry Department, the Korea Forestry Promotion Institute, South Korea's KOTRA (Korea Trade-Investment Promotion Agency), representatives of the "Green Wall" joint project between Mongolia and South Korea, as well as private sector entities from both countries related to forestry. In his opening speech, Choi Jin Won, the South Korean ambassador to Mongolia, stated, "A green environment and dense forests are natural resources that offer a healthy life to the citizens of a country. In the crisis of climate change, forests have been identified as the best and proven measure for carbon sequestration, thus their importance is increasingly significant. Today's Mongolia-South Korea 'Green Cooperation' exhibition serves as an important forum to discuss how the two countries can collaborate in implementing Mongolia's national 'Billion Trees' initiative, as well as provide an opportunity for businesses involved in forestry to seek new business opportunities." Ambassador Choi noted South Korea's 15 years of experience in planting and cultivating trees in Mongolia, and expressed hope that this event, gathering key representatives from the private sectors of both countries, would become a platform for active cooperation in implementing the 'Billion Trees' national movement. B. Oyunsanaa, Head of the Forestry Department under the General Agency for Specialized Inspection, remarked, "This year marks the historic 100th anniversary of the establishment and development of the forestry sector in Mongolia. Diplomatic relations between Mongolia and South Korea began in 1990, and since then, the partnership has progressed. Specifically, in 1998, a forestry cooperation agreement was signed, and for the past 26 years, the two countries have been collaborating. A prominent example is the 'Green Wall' project currently in its third phase. The project focuses on planting and growing trees in response to climate change, desertification, land degradation, and dust storms, aiming to create a green environment." Choi Dun Ha, a member of the board of directors of the Korea Forestry Promotion Institute, said, "The 'Billion Trees' national movement implemented by the Government of Mongolia is not only crucial for the Mongolian territory but also for combating global climate change. We plan to work together for the successful implementation of the 'Billion Trees' movement, and today's activities demonstrate the success of forestry cooperation between our two countries." The exhibition emphasized not only the introduction of forestry techniques, equipment, and technology but also highlighted the golden opportunity to further expand and develop the cooperation between the two countries in the forestry sector.

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Innovation

A New Payment System You Need to Know

Published: 2024-09-27 | Translated from: news.mn

How does it sound to relax on your couch over the weekend and watch the world-famous film series on streaming services like Netflix, AppleTV+, or Disney+? This service model, where you pay for the content you watch, is a "subscription"-based business model. Simply put, it can be called a "subscription payment system" aimed at supporting user convenience. This payment system has been implemented across all trending services worldwide. For example, subscription services include Amazon Prime, one of the largest music platforms in the world, Spotify, the renowned American newspaper "The Wall Street Journal," software like Adobe Creative Cloud, and Microsoft 365, all of which we can now access via subscription. This comprehensive approach is being referred to as the "subscription economy." So why shouldn't we, Mongolians, not only be users but also operate by the same model? For this, it is essential to have a thorough understanding of this subscription-based model first. Watching content by subscription offers several advantages for consumers. For instance: Cost and time savings: Subscription models often provide the opportunity to purchase products and services at a lower cost compared to traditional buying. Additionally, there is no need for recurring transactions or physical visits to obtain frequent services, saving time. Access to pre-planned payment services with just one registration: It allows consumers to receive, view, and access products and services without needing to frequently purchase or rent them. However, users must take responsibility for deciding when to activate or cancel their subscriptions based on their usage. Flexibility: Subscription-based business models allow customers to choose and use various products and services instead of purchasing them at a high one-time price, thus creating a personalized experience suited to their needs. Lower risk: Entering your information once, registering in a subscription payment system, and receiving regular service ensures that payments are made only to legitimate service providers and eliminates risks such as mistakenly transferring to the wrong account or entering incorrect amounts. Financial planning: Subscribing to regular services aids in predicting expenses and managing budgets effectively. Accessibility: Obviously, by using a "subscription" model, it becomes possible to access trending global services from anywhere in an accessible format. What benefits does it bring to business owners? Predictable income: Delivering products and services through a subscription model provides an advantage by enabling financial predictions and planning in advance. Enhancing customer loyalty: Businesses offering this model to consumers create purchase habits, deepen relationships with their clients, and increase the number of loyal customers. Opportunity to expand the business: By saving time for subscribers and users and allowing access to services regardless of location, it becomes possible to increase the number of clients. Consumer research: Through subscription services, companies have the advantage of collecting valuable information about consumer choices and improving based on research. In today's competitive market, the subscription model supports innovation and provides a new way for traditional businesses to connect with their customers. In Mongolia, this model is widely implemented in online and OTT content distributors, as well as services such as renting and reading e-books. Specifically, digital libraries like M book, M music, fitness and health apps, software, and online educational platforms commonly provide access to various educational materials through a "subscription" and its associated automatic payment system.

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Discussed Artificial Intelligence and Digital Transformation

Published: 2024-09-27 | Translated from: montsame.mn

The "Global Digital R&DB Hub" seminar, themed "From Technology to Change: An AI-Based Future for Governments," is being organized in Ulaanbaatar. The seminar aims to strengthen and expand sectoral relationships, and during the event, topics such as the direction of new generation technology development, advancements in artificial intelligence, its applications, and the challenges of implementing AI and digital transformation in governments were discussed. B. Bat-Ulzii, the head of the Department of Policy Coordination for Digital Development at the Ministry of Digital Development and Communications (MDDC), participated in the seminar. In his speech, he emphasized that the ministry is focusing on accelerating digital development, establishing necessary infrastructure in urban areas, increasing internet accessibility, and creating a favorable legal environment to build a digitally accessible society. He highlighted the improvement of transparency in decision-making processes and expressed support for creating an inclusive society where everyone's voice is heard. The seminar was attended by graduates of ITTP and ITPP from South Korea, ICT specialists, high-ranking government officials, and sectoral experts.

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Collaborating with the Universal Postal Union to Use Drones in the Postal Sector

Published: 2024-09-27 | Translated from: isee.mn

The Chairman of the State Great Khural, D. Amarbaysgalan, received Mr. Masahiko Metoki, the Director General of the Universal Postal Union, and his delegation. At the beginning of the meeting, Chairman D. Amarbaysgalan congratulated the successful organization of the Asia-Pacific Regional Strategic Conference of the Universal Postal Union for the first time in Ulaanbaatar and expressed satisfaction with the long-standing and strengthened cooperation between Mongolia and the Universal Postal Union. Considering Mongolia’s vast territory and low population density, there is significant focus on updating postal and postal service legislation, aligning the sector with modern developments, and attracting investment. In connection with the intention to introduce drones into the postal sector, there is interest in collaborating with the Universal Postal Union to refine the legal framework that regulates this new technology and to implement it in accordance with international best practices and regulatory standards. Mr. Masahiko Metoki, Director General of the Universal Postal Union, expressed his readiness to continue comprehensive cooperation with Mongolia in the future as the postal network is rapidly evolving by integrating environmentally friendly technologies, time-saving advanced technologies, and digital connectivity.

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Health

Opposition to the Vaccine for Cervical Cancer Prevention Begins

Published: 2024-09-27 | Translated from: unuudur.mn

The movement known as “Victims and Opponents of the Covid-19 Vaccine” has started opposing vaccinations against cervical cancer and is collecting signatures from the public. These individuals are moving around public transport and crowded places, urging others not to vaccinate their daughters and sons with the cervical cancer vaccine, claiming it is deadly. This opposition arises as the country is set to vaccinate adolescent girls and boys nationwide next month. Our country attempted to introduce an HPV vaccine over 10 years ago but faced similar opposition, leading to failure. Recently, the vaccine against this virus has been included in the national schedule under the Immunization Act. Accordingly, the vaccination campaign will begin next month. Medical professionals and specialists have warned that the public should not be misled into believing that the vaccine is poor quality or harmful without any research backing. The effectiveness and quality of the vaccine have been acknowledged internationally after more than 50 years of research and clinical trials. Just a few individuals’ interests should not stop this campaign. Why does Mongolia need to introduce the HPV vaccine? Our country leads Southeast Asian countries with the highest incidence and mortality rates of cervical cancer. In 2023, 425 people were diagnosed with this cancer, and 160 died. On average, over 200 people die each year. However, many countries have introduced this vaccine, achieving a reduction in the disease by 60-80% or even completely eradicating it. The HPV vaccine has been introduced in 137 countries globally, targeting girls and boys aged 9-14. The quadrivalent vaccine used in our country is manufactured in the USA, certified by WHO, and brought in through UNICEF’s channels. By vaccinating adolescents before they engage in sexual activity, the spread of the virus that causes cervical cancer, irrespective of gender, can be prevented. The vaccine also helps prevent genital warts and anal cancer, prompting WHO to recommend that countries actively participate in vaccination efforts. The organization has set a goal to eliminate this preventable cancer worldwide by vaccinating 90% of girls under 15 by 2030.

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Sports

World Ranking Wrestling Tournament to be Held in Mongolia

Published: 2024-09-27 | Translated from: itoim.mn

The United World Wrestling (UWW) has announced the schedules and host countries for the World Championships across different age categories, the world ranking series, and continental championships for 2025. In total, there will be four ranking series tournaments in 2025. One of these will be held in Ulaanbaatar, the capital of Mongolia. The first tournament is scheduled for February 5 in Zagreb, Croatia, followed by the second on February 26 in Tirana, Albania. The third and fourth tournaments will begin on May 29 and July 17 in Budapest, Hungary, respectively. The Asian Continental Championships will take place in Amman, Jordan, from March 25 to 30. Meanwhile, the Senior World Championships are scheduled for September 13-21 in Zagreb, Croatia. Here are the schedules for the World Championships in other age categories: - U17 World Championships: July 28-31 in Athens, Greece. - U20 World Championships: August 18-24 in Sofia, Bulgaria. - U23 World Championships: October 20-26 in Novi Sad, Serbia. - Veterans World Championships: October 7-12 in Budapest, Hungary.

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Free Wrestling World Ranking Tournament to be Held in Mongolia

Published: 2024-09-27 | Translated from: montsame.mn

The United World Wrestling has announced the schedule for the 2025 World Championships, World Ranking Series, and Continental Championships. Next year, there will be four world ranking series tournaments, one of which will be held in Ulaanbaatar, the capital of Mongolia. The first tournament will start on February 5 in Zagreb, Croatia, the second on February 26 in Tirana, Albania, the third on May 29, and the fourth on July 17 in Budapest, Hungary. The Asian Continental Championship will be organized from March 25 to 30 in Amman, Jordan. The World Championships for adults are scheduled to take place from September 13 to 21 in Zagreb, Croatia. Here are the schedules for the World Championships in other age categories: - U17 World Championship: July 28-31 in Athens, Greece - U20 World Championship: August 18-24 in Sofia, Bulgaria - U23 World Championship: October 20-26 in Novi Sad, Serbia - Veteran World Championship: October 7-12 in Budapest, Hungary.

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World Ranking Wrestling Tournament to be Held in Mongolia

Published: 2024-09-27 | Translated from: itoim.mn

The United World Wrestling has announced the locations and schedules for the World Championships, world ranking series, and continental championships for various age categories to be held in 2025. There will be a total of four world ranking series tournaments in 2025, one of which will take place in Ulaanbaatar, the capital of Mongolia. The first tournament will begin on February 5th in Zagreb, Croatia, the second on February 26th in Tirana, Albania, the third on May 29th, and the fourth on July 17th in Budapest, Hungary. The Asian continental championships will be held in Amman, Jordan from March 25th to 30th. Meanwhile, the senior World Championships are scheduled to take place in Zagreb, Croatia from September 13th to 21st. Below is the schedule for World Championships for other age categories: - U17 World Championships: July 28th-31st in Athens, Greece - U20 World Championships: August 18th-24th in Sofia, Bulgaria - U23 World Championships: October 20th-26th in Novi Sad, Serbia - Veterans World Championships: October 7th-12th in Budapest, Hungary.

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Today's Stories

Politics

Economy

Diplomacy

Infrastructure

Society

Environment

Innovation

Health

Sports

Politics

News Guide: "Budget 2025" Discussion to Take Place

Reaffirmation of Commitment to the Comprehensive Reform of the Security Council by the L.69 Group

What Did the Leaders Say at the UN General Assembly?

Laws Effective from October: Regulating Taxi Services

Starting from Next Month, Unauthorized Taxi Services Will Be Fined Five Million

L.Enkh-Amgalan: We Will Work Together with Private Sector Organizations to Improve the Labor Protection System

Democratic, 'Clean' Parliament Requires Transparent Reporting of Members' Interests

What Role Does the Media Play During Election Campaigns?

The Fair Competition and Consumer Protection Authority Renamed to the Anti-Monopoly Authority

Economy

Cost of Issuing Bonds by the Capital to Decrease Internationally

Monetary Policy for the Coming Year Aims to Stabilize the Economy and Inflation in the Medium Term

Salaries and Pensions Will Increase Annually in Line with Inflation

Proposal to Set Tiered Mortgage Interest Rates Introduced

What is to be Done with the Untouchable "PetroChina Daqing Tamsag"?

Proposal to Set a Tiered Mortgage Interest Rate Presented

Proposal to Set Tiered Mortgage Interest Rates Introduced

Transfer of Accumulated Funds from VAT to Housing Loans

Diplomacy

"AMUULAI PARTNERSHIP Business Meeting 2024" Successfully Organized to Connect Leading Japanese Health and Beauty Industries with Mongolian Entrepreneurs

Mongolia-China Border Checkpoints to Close on October 1-7

The Valuable Element of Sino-Mongolian Friendship is Mutual Trust and Close High-Level Relationships

Mongolian and Dominican Citizens to Travel Visa-Free

Antonio Guterres: Mongolia's Success in Implementing Its Peaceful and Open Foreign Policy is Commendable

Mongolian and Dominican Citizens Can Travel Visa-Free

Infrastructure

Six-lane, 33 km Expressway Along the North Bank of the Tuul River

The tender for the company to build the metro will be announced next week

UBTZ LLC to Rent 100 Additional Cars for Transporting Coal to CHP

The First Phase of Selbe Subcenter's Residential Construction Will Begin This Fall

The First Phase of Housing Construction in the Selbe Sub-center to Begin

Decision to Select Company for Housing Construction in the Selbe Sub-Center to be Made Within 15 Working Days

There is anticipated to be a shortage of 70-80 MW during peak winter load

S. Tsedeensodnom: Households around 10th District to Receive Heat and Hot Water Next Monday

Society

"Nest Center" Shared Challenges and Advances in Mongolia's Media Industry at the UN General Assembly Session

No Food Stamps for Able-bodied Individuals

M. Chinbat: Cyber Fraud is Fueling Money Laundering and Creating National Risks

Environment

URGENT: Attempt to Smuggle Large Amount of Prohibited Plants by Mongolian Citizens Uncovered at Russia's "Khiagt" Border

Praised for Effective Work in Improving Water Management

Extraction of Commonly Occurring Minerals in Dundgovi Province

Mongolia-South Korea Green Cooperation, Forestry Equipment Exhibition Highlights

Innovation

A New Payment System You Need to Know

Discussed Artificial Intelligence and Digital Transformation

Collaborating with the Universal Postal Union to Use Drones in the Postal Sector

Health

Opposition to the Vaccine for Cervical Cancer Prevention Begins

Sports

World Ranking Wrestling Tournament to be Held in Mongolia

Free Wrestling World Ranking Tournament to be Held in Mongolia

World Ranking Wrestling Tournament to be Held in Mongolia

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