Mongolia Brief June 30, 2014 Part II
Mongolia and Japan held strategic consultative meeting
June 30
(news.mn) The first strategic consultative meeting between the Foreign
Ministries of Mongolia and Japan was held in Tokyo, Japan on June 26th.
The meeting was
chaired by the Deputy Foreign Minister of Mongolia D.Gankhuyag and Deputy
Foreign Minister of Japan Shinsuke Sugiyama.
At the meeting,
both parties gave their views on the development of a strategic partnership
between Mongolia and Japan and the current situation and talked over future
targets.
Both parties
emphasized that the speech given by President Ts.Elbegdorj, where he agreed to
expand the strategic partnership to the Japanese Parliament during his state
visit to Japan in 2010, was a move to boost bilateral relations between the two
countries.
Deputy Foreign
Minister D.Gankhuyag highlighted the extent of the strategic partnership
between Mongolia and Japan in politics, security, economy, culture, education
and citizen participation and as well as in the regional and global arena.
The parties
then agreed to implement a strategic partnership medium term program,
particularly to intensify cooperation in the economic sector.
The Government
of Mongolia is to hold a Mongolia-Japan Business Forum in cooperation with the
Japanese association of business organizations (KEIDANREN) and the Japan
External Trade Organization (JETRO) in July.
If Parliament Approves, 45.3% of All Taxpayers to Be Eligible to Return Their 90% of Paid Corporate Income Tax
June 30
(infomongolia.com) At the Cabinet meeting held on June 28, 2014, amendments to
the draft bill on Corporate Income Tax Law were revised and agreed to submit to
the State Great Khural (Parliament).
In the
frameworks of the second phase on tax reform to support businesses, Government
resolves to refund 90% of corporate income tax paid to the state budget, whose
annual sales income is no more than 1.5 billion MNT and these businesses are
other than mining, minerals, petroleum products, import of petroleum, export of
crude oil, mobile operator services, alcohol, tobacco, and bank & financial
sectors.
In the scope of
refunding the 90% of corporate income tax to SMEs, taxpayers would be eligible
to re-invest with this fund and buy new equipment, and will be able to expand
its operations. Enterprises who meet the following requirements concurrently,
the refund will be granted without delay and not monitored.
1. Be engaged
in activities not prohibited by law
2. Income sales
volume in particular tax year is up to 1.5 billion MNT
3. Tax report
is delivered on time
4. All taxes
are paid
If the
amendments are approved by the Parliament, 45.3% of all taxpayers or 40,232 enterprises
will be eligible to return their 90% of paid corporate income tax.
Banzuke for 2014 July Grand Sumo Tournament Released
June 30
(infomongolia.com) On June 30, 2014, the Banzuke - rankings of professional
sumo wrestlers for 2014 Nagoya Basho or Grand Sumo July Tournament to take
place in Nagoya city on July 13-27 was released by Japan Sumo Association.
In upcoming
July Tournament, 28 Mongolian sumo wrestlers are to compete, notably Azumaryu
S.Todbileg and Kagamio B.Nanjid are promoted again to the highes Division of
Makuuchi and new wrestler Sadahikari D.Narantsogt becomes a professional sumo
wrestler, who will debut in Jonokuchi Division from E-23.
Makuuchi Division
1. East
Yokozuna Hakuho - M.Davaajargal
2. West
Yokozuna Harumafuji - D.Byambadorj
3. East
Yokozuna Kakuryu - M.Anand
4. ME-4
Tamawashi - B.Munkh-Orgil
5. ME-6
Terunofuji - G.Gan-Erdene
6. ME-12
Kyokutenho - N.Tsevegnyam
7. MW-12
Kyokushuho - T.Erdenebaatar
8. ME-14
Kagamio - B.Nanjid
9. MW-14
Azumaryu - S.Todbileg
10. MW-15
Tokitenku - A.Khuchitbaatar
11. ME-17
Arawashi - E.Dulguun
Juryo Division
12. E-3
Takanoiwa - A.Baasandorj
13. W-3
Ichinojo - A.Ichinnorov
14. E-4
Shotenro - D.Nyamsuren
15. E-5 Seiro -
A.Unubold
16. W-6
Asasekiryu - B.Dashnyam
Makushita Division
17. E-1
Sakigake - Ya.Battushig
18. E-8
Chiyoshima - G.Munkhsaikhan
19. E-19 Sensho
- E.Bayarbat
20. W-24
Daishoho- R.Shijirbayar
21. E-25
Gochozan - D.Uuganbaatar
22. W-32
Ryuonami - B.Buyanjargal
23. E-45
Takakasuga - E.Enkhmanlai
24. W-50
Oniarashi - U.Ulziijargal
Sandanme Division
25. E-13
Aratoshi - V.Tserendorj
26. E-18 Taiga
- S.Sharavnyambuu
27. E-41
Daionami - B.Uuganbayar
Jonokuchi Division
28. E-23
Sadahikari - D.Narantsogt
Related:
Banzuke
for sumo wrestlers released – Montsame,
June 30
Minister S.Oyun at meetings of UNEA
Ulaanbaatar,
June 30 (MONTSAME) Mongolia’s Minister of Environment and Green Development and
president of the first United Nations Environment Session (UNEA) Ms S.Oyun has
delivered a speech at a meeting of the "President’s Fellows" group,
which is formulating a final document of the UNEA, to express her views on this
document.
She also
chaired meetings of the UNEA Bureau, high-level segment and the closing meeting
within the UNEA ran June 23-27 in Nairobi, Kenya. Some 1,200 delegates from
over 170 countries including Mr Ban Ki-moon, the UN Secretary-General, and Mr
Uhuru Kenyatta, the President of Kenya, expressed a satisfaction with
successful running of the first UNEA.
The Mongolian
side was enthusiastic about working out the final document of the UNEA and
collaborated with Mr Achim Steiner, Executive Director of UNEP, and delegates
of Kenya, Mexico, the USA and the European Union.
The final
document reflects many important issues such as implementing a decade programme
on sustainable consumption and productions, combating and preventing illegal
trade of wild animals and plants, taking crucial measures on climate changes,
and realizing multilateral agreements on environment.
D.Batbold gives speech at high-level meeting
Ulaanbaatar,
June 30 (MONTSAME) A head of the External Relations and Cooperation Division of
the Ministry of Environment and Green Development D.Batbold took floor during a
high-level meeting on combating illegal trade of wild animals and plants last
week, within the United Nations Environment Session in Nairobi, Kenya.
Mr Batbold said
a poverty is the main factor of the illicit trade and stressed an urgent need
of launching a related to it cooperation and talks and of the UNEP's role in
fighting against this trade. The participants underlined that the needs of
consumers and problems with the poverty and corruption are the factors of the
illicit commerce that harms the environment. They also underlined an importance
of the private sector and civil society’s participation in tackling the problems.
Parliament to discuss amendments to corporate income tax law
Ulaanbaatar,
June 30 (MONTSAME) The cabinet meeting last Saturday agreed to submit to
parliament draft amendments to the corporate income tax law.
The bill
recommends that in frames of the government's second stage reforms in tax
environment to support running business, 90 percent income tax payment is to be
returned to those companies who generated sales income less than 1.5
billion togrog. This would not apply to those who are engaged in mining,
minerals, oil import/export, cellular services, alcoholic beverages and
tobacco.
If the draft is
approved by parliament, a total of 40 thousand 232 companies are to re-funded
the income taxes they had paid earlier.
S.Oyun meets with UN Secretary-General
Ulaanbaatar,
June 30 (MONTSAME) The Minister of Environment and Green Development and the
president of the first United Nations Environment Assembly Ms S.Oyun met last
Friday with Mr Ban Ki-moon, the UN Secretary-General in Nairobi, Kenya.
Ms Oyun
conveyed to the UN Secretary-General greetings from Mongolia's President and
invited him to Mongolia. Then she said Mr Ts.Elbegdorj plans to take part in
the Climate Summit which will run at the Union Nations headquarters in New York
on September 23, and introduced to Mr Ban governmental policy and ongoing
measures concerning environment and green development. Mongolia is attaching a
great importance to the Sustainable Development Goals and the Post-2015
Development Agenda, and it has organized national discussions together with the
UNDP, she said.
UN
Under-Secretary-General and High Representative for the Least Developed
Countries, Landlocked Developing Countries and Small Island Developing States
Mr G.C.Acharya greatly supported Mongolia in hosting a high-level meeting on
landlocked developing countries this month in Ulaanbaatar, she noted. Mongolia
is focusing on starting of actions of the International Think-Tank for
Landlocked Developing Countries, she said.
The same day,
Ms Oyun met delegates of Japan, the USA, the UAE, China, Iran, South Korea and
Indonesia to share views with them on the cooperation issues.
President introduces some bills
Ulaanbaatar,
June 30 (MONTSAME) The President Ts.Elbegdorj Monday introduced to
parliamentarians and the media some draft laws being formulated in frames of
the "Smart Government" initiative.
These drafts
are on imposing responsibilities upon elected or appointed high level
officials, on public hearing, on “glass” account and on general law on
administration. The leader of Mongolia spoke about them to members of the
factions of the Democratic Party, Mongolian People’s Party (MPP),
"Justice" coalition (Mongolian People’s Revolutionary Party and
Mongolian National Democratic Party). These bills are expected to be passed by
next autumn session of parliament, and it is important to form the smart
government, he said. These laws will ensure a transparency of budget, let
realize a system of responsibility, make the state servants more responsible,
and will provide people with necessary information, he hoped.
The bill on
public hearing says about seven basic kinds of hearings focused on legislative
process, general monitoring, budget monitoring, appointments, investigation,
administrative norms, planning and locality, ensuring of a civil participation
in the state management, the President said.
The draft law on
imposing responsibilities upon elected or appointed high officials designs
legal basis and rules for dismissing and recalling such servants, as well as
their responsibilities.
Mongolia still
do not have any laws on regulating general matters within specialized laws for
state actions, so the draft on General law on administration has been worked
out, he said.
With a purpose
of the fruitful exploitation of budgetary capitals, the bill on “glass” account
has clauses on forming a system that makes decisions and activities of the
budget management more transparent, on monitoring actions of administrative
bodies and officials by delivering open information to the public.
The President
said he will play a key role in passing these drafts during parliamentary session.
Minister of Education and Science visits Russia
Ulaanbaatar,
June 30 (MONTSAME) Mongolia’s Minister of Education and Science L.Gantomor paid
an official visit to the Russian Federation on June 22-25.
He held a
meeting with his Russian counterpart Mr D.V.Livanov to share views on the
bilateral cooperation in education and sciences such as augmenting a number of
Russian governmental scholarships for Mongolians, rising their stipends,
co-implementing a programme on improving Russian language of Mongolian teachers
and students. The Russian side expressed a readiness to realize this programme,
starting from humanitarian universities. The sides also discussed matters on a
support from the Mongolian side to centers for Mongol studies and on sponsoring
researches at the Institute of Oriental Studies. Mr Gantomor requested the
Russian side to involve Mongolian scholars and scientists in mega-projects on
biotechnology, nano-technology, and quantum-physics.
After this
meeting, the Minister signed a cooperation contract between his Ministry and
Russia’s Foundation of Basic Research.
Mongolia-Czech business meeting runs
Ulaanbaatar,
June 30 (MONTSAME) A Mongolia-Czech business meeting was held June 26 in
Prague, the Czech Republic.
It was
co-organized by the Embassy of Mongolia in the Czech Republic, the Embassy of
the Czech Republic in Mongolia, the Czech-based branch of the International
Chamber of Commerce (ICC), the “New Delger” LLC and Mongolia’s National
Association of Construction (MNAC).
Aims were
pursued to expand the bilateral ties and cooperation in the construction
sector, set up direct ties between Mongolian and Czech businessmen, attract the
Czech investments.
During the
meeting, the MNAC spoke about projects and policies being implemented in the
construction sphere, the Czech side presented their services and products.
Moreover, the two sides exchanged views on widening the commercial and economic
relations and cooperation in the construction sector.
Stock exchange news for June 30
Ulaanbaatar,
June 30 (MONTSAME) At the Stock Exchange trades held Monday, a total of 11
thousand and 225 shares of 20 JSCs were traded costing MNT 11 million 145
thousand and 435.00.
"Khokh
gan” /3,730 units/, "Remikon" /2,010 units/, "Hermes center”
/1,900 units/, "Genco tour bureau” /1,297 units/ and "Aduunchuluun”
/876 units/ were the most actively traded in terms of trading volume, in terms
of trading value--"Atar-Orgoo” (MNT two million and 730 thousand),
"Aduun chuluun" (MNT one million 718 thousand and 743), "APU”
(MNT one million 624 thousand and 720), "Talkh chikher” (MNT one million
and 393 thousand) and "UB-BUK” (MNT 960 thousand).
The total
market capitalization was set at MNT one trillion 572 billion 314 million 198
thousand and 347. The Index of Top-20 JSCs was 15,488.80, increasing by MNT
90.48 or 0.59% against the previous day.
Four Mongolian institutes get internationally accredited
Ulaanbaatar,
June 30 (MONTSAME) Four institutes have recently been accredited by the
Accreditation Council for Business Schools and Programs (ACBSP).
Those are the
Computer Science and Management School of Mongolia's University of Sciences and
Technology, Etugen Institute, Mandakh Burtgel Institute and San Institute.
Those were included in a list of 22 colleges and universities in four
countries, to which ACBSP granted initial accreditation or reaffirmation of
accreditation on June 29 in Chicago, USA.
"These
campuses have shown their commitment to teaching excellence and to the process
of quality improvement by participating in the accreditation process. The
initial accreditation and reaffirmation of accreditation granted to these
institutions demonstrates their commitment to provide the highest quality
business education for their students," said Steve Parscale, ACBSP
director of accreditation.
The
Accreditation Council for Business Schools and Programs (ACBSP) is a leading
specialized accreditation association for business education supporting,
celebrating, and rewarding teaching excellence. The association embraces the
virtues of teaching excellence and emphasizes to students that it is essential
to learn how to learn.
ACBSP
accredits business, accounting, and business-related programs at the
associate, baccalaureate, master, and doctorate degree levels worldwide.
Recognized by the Council for Higher Education Accreditation (CHEA) in 2001 and
again in 2011, ACBSP was the first to offer specialized business accreditation
at all degree levels.
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