Friday, August 15, 2014

Mongolia Brief August 14, 2014 Part IV



Stock exchange news for August 14
By B. Khuder
Ulaanbaatar, August 14 (MONTSAME) At the Stock Exchange trades held Thursday, a total of 21 thousand and 607 shares of 23 JSCs were traded costing MNT 30 million 087 thousand and 832.00.

"Remikon” /10 thousand and 010 units/, "Olloo” /5,000 units/, "APU” /1,700 units/, "Hermes center” /1,177 units/ and "Gobi” /940 units/ were the most actively traded in terms of trading volume, in terms of trading value--"Gobi” (MNT seven million and 426 thousand), "APU” (MNT six million 655 thousand and 500), "UB-BUK” (MNT five million and 043 thousand), "Darkhan nekhii” (MNT three million 637 thousand and 050) and "Mon-it buligaar” (MNT one million 562 thousand and 500).
The total market capitalization was set at MNT one trillion 596 billion 405 million 353 thousand and 368. The Index of Top-20 JSCs was 15,900.11, decreasing by MNT 122.58 or 0.77% against the previous day.

Pacific Angel 14-4 Mongolia: Humanitarian Assistant and Joint Cooperation
William Banton
ERDENET, Mongolia, August 13 (US Embassy) -- U.S. and Mongolia Armed Forces service members, with assistance from the governments of Nepal, Thailand and the Peoples Republic of China, kicked of humanitarian assistance operations in support of Pacific Angel 14-4, Aug. 11-16.
The U.S. Air Force lead mission supports U.S. Pacific Command’s capacity-building efforts by partnering with other governments, non-governmental agencies and multilateral militaries in the respective region to provide medical, dental, optometry, and engineering assistance to their citizens.
“It has been several years since we started taking an active part in humanitarian assistance events both abroad and in country,” said Colonel. G. Khashchuluun, chief of supplies and materials department, General Staff of the Armed Force of Mongolia.  “The Mongolia Armed Forces co-hosted Pacific Angel 2011, three years ago, so we are happy to have the Pacific Angel exercise back in Mongolia.”
The operation is designed to help cultivate common bonds and foster goodwill between the U.S., Mongolia and regional nations by conducting multilateral humanitarian assistance and civil military operations.
“This is the opportunity for the two militaries to work together,” said Lt. Col. Jim Fowler, mission commander for Pacific Angel 14-4 Mongolia. “It builds capabilities and capacities with the local MAF and allows us to develop skill sets and work together to do humanitarian efforts for the local populace.”
The operation is a great event to promote cooperation between the two forces, while encouraging civil and military relationships and cooperation, Khashchuduun said.
“It is a great opportunity,” Fowler said. “I’m really excited because I have the chance to work with really talented people and to watch this all come together is wonderful. It is great to serve the local populace and get satisfaction from that.”
During the weeklong event, the health service outreach, being held at three separate clinic locations, is expected to see anywhere from 600 to 900 patients a day,  Fowler said. Simultaneously, the civil engineer’s working with MAF to improve local schools.
 “The Mongolian and U.S. forces have been serving together in overseas missions, including peace keeping missions,” Khashchuduun said. “For the MAF to have the opportunity to cooperate in the humanitarian assistance side of the house is wonderful. I am sure that in the future we will have many more similar opportunities to develop our cooperation and relationship further.

Mongolian wrestlers in FILA world rankings
By B. Khuder
Ulaanbaatar, August 14 (MONTSAME) The International Federation of Associated Wrestling Styles (FILA) has released world rankings of both men and women wrestlers for this July.
The latest rankings were drawn up by considering results of the Baku Golden Grand Prix tournament, the FISU World University Wrestling Championships and Pan American Wrestling Championship.
There are nine male and 11 female wrestlers of the Mongolian national team in the world rankings. An international master of sports E.Bekhbayar is the 7th in the men’s 57 kg division, D.Tsogtbaatar (57 kg)--9th, E.Nyam-Ochir (61 kg)--10th, T.Tuvshintulga (61 kg)--16th, G.Mandakhnaran (65 kg)--15th, B.Batmagnai (65 kg)--17th, B.Batzorig (70 kg)--18th, P.Onorbat (74 kg)--14th, D.Khuderbulga (97 kg)--10th, E.Narangerel (women’s 48 kg)--9th, A.Battsetseg (53 kg)--11th, E.Sumya (53 kg)--13th, P.Orkhon (55 kg)--9th, S.Byambatseren (55 kg)--16th, B.Shoovdor (58kg)--19th,  S.Tserenchimed (60 kg)--10th, T.Monkhtuya (60 kg)--14th, S.Battsetseg (63 kg)--18th, B.Odonchimeg  (63 kg)--8th and O.Burmaa (75 kg)--9th.

Industrial Production Reached MNT 4812.2 billion
August 14 (Mongolian Economy) During the first seven months of 2014, industrial production reached MNT 4812.3 billion, marking an increase of 38.4 percent since last year. The rise in industrial production is caused by three different sector areas: 1) mining extraction and industrialization rose 45.5 percent; 2) the processing industry rose 27.1 percent; and 3) electricity, thermal power, energy and water supply industries rose 21.2 percent.
Due to industrial production, the total amount of products being sold and traded amounted to MNT 5720.1 billion. Of this total, 67.6 percent of products were exported during the first seven months of the year. This is a contributing factor to the 16.9 percent growth rate of the industrial production index. The mining of products, including molybdenum, iron ore and copper concentrate, increased between 2.7 to 53.9 percent
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