Mayor of Ulaanbaatar Visits London to Broaden Cooperation
October 1 (infomongolia.com) Governor of the Capital City and Mayor of Ulaanbaatar, Mr. Erdene BAT-UUL is conducting working visits to London and Moscow cities from September 24 to October 06, 2014.
During his visit to London, Mayor E.Bat-Uul held meetings with the Mayor of London Mr. Boris Johnson, Lord Mayor of London Mrs. Fiona Woolf and other representatives from EBRD, London Stock Exchange as well as business and financial organizations such as The City UK.
Also, UB Mayor has participated in the Mongolia-London Business Forum took place on September 26 and during the event, Mayor E.Bat-Uul delivered a keynote speech introducing development plans of Ulaanbaatar city and its current implementing projects as well as opportunities of mutual cooperation in the future.
During his meeting with Mayor of London, UB Governor E.Bat-Uul mentioned to implement London’s experience on developing Ulaanbaatar as the center of tourism destination in the region, besides parties exchanged views on collaboration in the fire prevention ensuring the health and safety of citizens.
In the frameworks of his visit, Mayor of Ulaanbaatar met with authorities of The City UK financial institution seeking opportunities to boost cooperation between the two cities and discussing on establishment issues of International Financial Center in Ulaanbaatar.
UB Mayor Visits London – Montsame, October 1
Parliamentary Session Begins
By B. Amarsaikhan
Ulaanbaatar, October 1 (MONTSAME) The State Great Khural's (parliament) autumn session began on Wednesday.
This session intends to discuss 26 issues and to make some changes in the government, as the public expects. The official agenda include, as we informed before, measures of the government for implementation of policy on railroad transportation, a draft budget of 2015, a draft law on crime.
The Speaker Z.Enkhbold said in his opening speech that the nation expects shifts in the government structure, "so immediate discussion on this matter is to be of great importance".
Present at the opening were the President Ts.Elbegdorj and the Prime Minister N.Altankhuyag.
Prime Minister Attends Social Events in Omnogobi
By B. Khuder
Ulaanbaatar, October 1 (MONTSAME) The Prime Minister N.Altankhuyag Tuesday attended an opening of a 50-bed maternity house in Omnogobi aimag’s center, and then got acquainted with a regional diagnosis-treatment center.
The maternity house was built with a capital of MNT 3.2 billion in frames of the great construction in the health sector. “This maternity house,which might receive soon our 3-millionth citizen, will significantly contribute to improving of the medical sphere, particularly, medical aid services and adequacy for children," the Premier underlined.
The house is fully provided with facilities and equipment with investment from the local budget and is connected to the national tele medicine network which is being implemented by a governmental project of Luxembourg.
After this, the Premier met teachers and pupils of Dalanzadgad-based laboratory school and got familiarized himself with implementation of a modernized programme. This school has furnished its 28 rooms with the latest hi tech such as smart boards and others and have founded fully equipped laboratories for physics and chemistry subjects. Some 216 million Togrog were allotted from the local budget for these works, moreover, a teacher’s development center has been established as well.
Minister of Road Meets Counterpart from Singapore
By B. Khuder
Ulaanbaatar, October 1 (MONTSAME) In frames of his working visit to Singapore, Mongolia’s Minister of Road and Transportation A.Gansukh has met with his counterpart Mr Lui Tuck Yew.
They have exchanged views on the cooperation in the transportation sector. Mr Lui congratulated Mongolia on opening direct flights to Singapore, then the two Ministers expressed a mutual satisfaction with intensive development of the transportation ties.
Mr also said the flights will forward the cooperation in many spheres, amd will become for Mongolia the closets way to other Southeast Asian countries.
Then the two parties shared views on a chance of establishing a memorandum of mutual understanding between the two Ministries in order to bring the transportation cooperation into a newer level.
Mr Lui asked his colleague about international airport being constructed in Mongolia and thanked the Mongolian side for getting permission for the Ulaanbaatar--Singapore flights to have on board more people in Beijing.
Present at the meeting were B.Delgermaa, the Ambassador Extraordinary and Plenipotentiary of Mongolia to Singapore; J.Byambatsogt, an advisor to the Minister of Road and Transportation; Kh.Enkhbaatar, a department head of the Ministry, and others.
“Transparent Ulaanbaatar 2014” Anti-Corruption Forum Approaches
October 1 (infomongolia.com) Under the auspices of the Governor of the Capital City, the "Transparent Ulaanbaatar 2014" Anti-Corruption Forum is to take place in association with International Republican Institute and Mongolia's Independent Authority Against Corruption at the Blue Sky Hotel, Ulaanbaatar on October 06-07, 2014.
The Transparent Ulaanbaatar 2014 Forum intends to facilitate discussion on lessons learned and an exchange of views on best practices and initiatives to address corruption and promote transparency through democratic governance. The forum will bring together local government, civil society, business community and academics to participate in a two-day series of workshops and sessions. The event will feature guest speakers and panelists from the Ulaanbaatar Mayor’s Office, International Republican Institute, Taiwanese Foundation of Democracy, Asia Democracy Network, Transparency International, National Endowment for Democracy, International Forum for Democratic Studies, Center for International Private Enterprise, Solidarity Center and Independent Authority Against Corruption amongst many others.
The first day will focus on a series of panel discussions that showcase topical lessons learned, experience sharing and outline current progress on anti-corruption initiatives in Ulaanbaatar and the region along with exploring innovative solutions to address corruption. The second day will continue to share Ulaanbaatar’s experiences and apply shared information and principles by convening international, regional and Mongolian stakeholders to collaboratively interact and inform an Ulaanbaatar anti-corruption strategy.
"Transparent Ulaanbaatar" Anti-Corruption Forum Approaches – Montsame, October 1
“Transparent Ulaanbaatar -2014” anti-corruption forum will be held – news.mn, October 1
UNMISS Force Commander Visits “Khubilai” Base
By B. Amarsaikhan
Ulaanbaatar, October 1 (MONTSAME) Lieutenant General Yohannes Gebremeskel Tesfamariam, a newly-appointed force commander of the United Nations Mission in South Sudan (UNMISS), visited Mongolian military base “Khubilai” in South Sudan to express his satisfaction with the battalion’s performance.
The force commander is visiting these days Bentiu town of South Sudan to get acquired with the actions of the military bases operating with the UN mandates. He has met with the commanders of fourth division of the National Liberation Army to talk about the problems in the areas of the mission. He has also visited the refugee camp near the UN military base.
The security and patrol division for the commander’s visit consists of 28 Mongolian soldiers and six units of military tech led by captain Kh.Uuganbaatar.
Premier Orders to Ensure Winter Preparation
By B. Khuder
Ulaanbaatar, October 1 (MONTSAME) The Prime Minister N.Altankhuyag ordered governors of all aimags to check the winter preparation, to intensify the harvesting, and to ensure heating and electricity.
This was said at the monthly online meeting on Wednesday. A paved road has been completed recently that connects now Omnogobi aimag with the UB city, "a completion of roads to Sukhbaatar and Khovsgol provinces need a greater attention from you, they are in a list of this year's plan," he stressed.
The draft law on the 2015 budget is to be submitted to parliament Wednesday, he noted and emphasized that all the localities will get a right to independently spend money for kindergartens, schools, dormitories and hospitals repair.
Food-poisoning incidents took place in dormitories and kindergartens in Darkhan-Uul, Omnogobi and Bayan-Olgii aimags this summer, said the head of the cabinet secretariat Ch.Saikhanbileg and ordered the governors to take necessary measure for avoiding such problem in future.
First Frontier and Golomt Bank Sign Cooperation Agreement
October 1 (Golomt Bank) First Frontier Capital Limited (First Frontier) and Golomt Bank LLC (Golomt Bank) are pleased to announce they have entered into a strategic Cooperation Agreement to promote foreign investment in Mongolia.
First Frontier is an independent London based investment bank focussed on providing institutional investors with a “one-stop-shop” in respect of the frontier markets globally. First Frontier’s offering comprises origination, research and execution in frontier and pre-frontier markets.
Since its establishment in 1995 Golomt Bank through its subsidiary Golomt Securities has become the leading participant on the Mongolia Stock Exchange. Golomt bank further cemented its position as the leading financial group in the country by being awarded the first custodian license from the Mongolian Financial Regulatory Commission.
In entering into this partnership with Golomt, First Frontier continues its expansion in the high growth frontier and pre-frontier markets, enabling the firm’s clients to receive co-branded research focused on Mongolia, trade securities on the local exchange; and have access to the significant capital raising pipeline of Mongolian corporates. The two firms will also seek to develop a range of financial products that will be of interest to both domestic and international investors. In expanding the firm’s Asian presence into Mongolia, First Frontier is entering one of the key growth markets in the region that is attracting renewed investor interest following the much anticipated regulatory and securities law changes.
The agreement with Golomt Bank is the latest in a series of similar relationships that First Frontier is currently putting in place across its universe, in order to provide clients with access to the fast growing frontier and pre-frontier markets and establish itself as the leading frontier markets investment bank.
Commenting on the agreement, Richard Adley, Co-CEO at First Frontier said the partnership is further testament to the firm’s ambition to be the recognised market leader in global frontier and pre-frontier markets. “Working with a market leader like Golomt bank will allow us to deliver an international product with a truly local flavour in one of the more under-researched capital markets, in which we believe there will be significant investment inflows following the recent changes.
Having spent considerable time finding a partner in Mongolia, we are delighted to have formalised partnership with Golomt bank, who will be able to provide access to significant deal flow for our clients whilst also delivering a high quality research product. First frontier feels that the opportunity for growth in the country and the investment banking business will make this new venture a success for all.”
Bolormaa Luvsandorj, CIO of Golomt Bank states “The cooperation agreement with First Frontier reflects successful partnership of the London Stock Exchange with the Mongolia Stock Exchange in modernizing and developing capital market in Mongolia. It underlines the significant interest in London in investing in Mongolia and we are thrilled to have First Frontier as our partner to deliver our products and services to international clients”.
“Microsoft Innovation Day” Forum Held
By B. Khuder
Ulaanbaatar, October 1 (MONTSAME) One of the software industry giants, the Microsoft Corporation, organized Tuesday a "Microsoft innovation day" forum in the "Corporate" hotel in Ulaanbaatar.
Presentations were made by IT experts led by A.Trubinov, a chairman of the Microsoft Corporation for Central Asian business development affairs; by representatives of the IT Zone, an official dealer of the MS, and other companies on the MS’s innovation policy across the world and in Mongolia, on a system for new business era, on solutions, reliable functions, information security and aid services. Officials from the Dell and Lenovo presented their latest laptops, tablets and servers.
After this, open discussions ran on the Microsoft Office 365, Microsoft ERP, Microsoft System Center, Information Security, and licence types.
Mongolian Art Exhibition Runs in Toronto
By B. Murun
Ulaanbaatar, October 1 (MONTSAME) Canada-Mongolia Chamber of Commerce in collaboration with the Mongolian- Canadian Association and Aligali.co successfully organized a Mongolian Art Exhibition on this September 25- 26 in Toronto, Canada.
The event aimed to contribute to the cultural exchange between the two countries and to introduce Mongolian art and culture to the Canadian scene. The exhibition featured sculptures, paintings and calligraphy works by acclaimed Mongolian artists L.Amarsanaa, O.Enkhtaivan, U.Batjargal and T.Gantulga. The exhibition, previously displayed in Montreal and Ottawa, is a part of a nomadic art and culture project “Mongol Ayan”.
The September 25 exhibition was the official launch of the Canada-Mongolia Chamber of Commerce (CMCC), established in January of 2014. During the event, the CMCC team introduced their Mentorship program that aims to bring together students and professionals and to create an open platform where knowledge, ideas and experience can be shared. The program allows students to learn the practical skills needed in their professional endeavors.
The September 26 event was an important first step towards the creation of a Centre for Mongolian Studies at the University of Toronto. The Ambassador of Mongolia to Canada, Mr Altangerel Radnaabazar attended the event to discuss an importance of cultural relations between the two countries. He also donated a selection of Mongolian books to the Robarts Library at the University of Toronto.
Distinguished guests included Professor Jennifer Purtle of University of Toronto, who delivered a speech titled “Graphic Beauty of Mongolian Calligraphy” and “Mongol Badarchin” Amai, who participated via live video from New York City. Other presentations included a live calligraphy demonstration, traditional “Khuumii”, traditional Mongolian dance and a tasting of Mongolian delicacies--“hailmag” squares and braised beef tongue.
The two-day event was concluded by a short reception hosted by Ambassador of Mongolia to Canada, Mr Altangerel Radnaabazar, who met and greeted Mongolians living in Toronto. The Ambassador addressed questions and concerns and discussed a future of political, economic and cultural relations between the two countries.
B.Murun, PR and Marketing Coordinator Canada Mongolia Chamber of Commerce
South Korean Embassy releases warnings to its citizens
October 1 (news.mn) The South Korean Embassy in Ulaanbaatar has issued safety warnings for its nationals in Mongolia via its official website on Tuesday.
The embassy advised its South Korean nationals in the country to avoid having dinner in restaurants and bars in the evenings, walking around alone in dark places and streets, and suggested hiding their faces and identity under certain circumstances due to a triggering of massive outrage as Mongolians reacted angrily to incidents at the Incheon 2014 Asian Games.
Mongolian aggression towards South Korean nationals follows a series of incidents offending some Mongolians when the national flag was displayed upside down, a dirty sanitary napkin was found in a meal for Mongolian national judo athletes, and a Mongolian boxer was denied a chance for a medal following a highly controversial ruling by judges in favor of his South Korean opponent.
Missing man's body found in Nalaikh mine
October 1 (news.mn) The body of a missing man was found in Nalaikh coal mine after a 15-day search. B.Altankhuyag was a contract retailer for APU JSC, the nation's largest beverage company, and had been reported missing since September 15th since his last sms contact with his family.
The family held a press conference on Tuesday, announcing that the search was still in progress. The father of three left home in his car to distribute products to contracted shops in the remote districts of Khujirbulan, Gatsuurt, Nalaikh, on September 15th.
B.Altankhuyag was to pick up his wife and children from the hospital that day but never arrived. Police began a search for him.
On Tuesday, police found a body in Nalaikh coal mine at around 5:00 p.m. and called B.Altankhuyag's family in to identify it. The family claimed the identification will be confirmed after the autopsy report. The belongings and clothes were identified as his, but his car was not located. Police have launched an investigation to determine the cause of death.
“American Days” expo opens
October 1 (news.mn) The “American Days” expo organized by the U.S. Embassy in Mongolia and American Chamber of Commerce in Mongolia opened at the Mongolian National Chamber of Commerce and Industry on Tuesday, September 30th.
U.S. Ambassador Extraordinary and Plenipotentiary to Mongolia, Piper Anne Wind Campbell, founder and Chairman of the American Chamber of Commerce in Mongolia Jackson Cox, Chairman of the Mongolian National Chamber of Commerce and Industry S.Demberel, and Director of Invest Mongolia Agency S.Javkhlanbaatar attended the ribbon-cutting ceremony for the two-day expo.
This year, over 45 American companies based in Mongolia are participating in the expo, exhibiting and selling their products, technologies and services from the USA.
The American Chamber of Commerce in Mongolia is non-governmental organization that serves its members by working to promote and strengthen business exchanges between Mongolia and the USA.
Hogan Lovells, Peabody Energy, NTR Metals Mongolia, Fluor, and Wagner Asia are some of its internationally known members.
Ulaanbaatar City to Become Soon Available on Google Street View
September 30 (infomongolia.com) On September 29, 2014, Deputy Mayor of Ulaanbaatar responsible for Finance and Economic Issues N.Bataa issued an Ordinance No. A/839 to implement a new project under the "Smart Ulaanbaatar" Program.
In the scope of the project namely “Street View”, the UB streets will be visualized in 360-degree panoramic views to include the city map in the web mapping service application and technology provided by Google.
This is a Google Street View technology, which is featured in Google Maps and Google Earth and Mongolia’s UB city will be soon linked into the www.google.com/maps/ website providing relevant information of the location.
The “UB Street View” project will be implemented by the Mayor’s Office in association with Google Company’s country executor “I Tech” LLC.
The Google Street View was first launched in several cities in the USA in 2007, and has since expanded to include cities and rural areas worldwide. However, the number of countries and dependencies covered with Google Street Views have been increasing, but some states like Germany and India have requested Google to stop taking street images in 2011 regarding to private concerns.
The latest release of Google Street Views in Asian countries, Indonesian and Cambodian street views become available on August 20, 2014, where some municipalities of Japan become the first cities in August 2008.
Parliament of Mongolia Equipped with Latest Equipment\ and System Provided by KOICA Grant Aid under E- Parliament Project
September 30 (infomongolia.com) The Secretariat Office of the State Great Khural (Parliament) of Mongolia in collaboration with Korea International Cooperation Agency (KOICA) and Government of the Republic of Korea have successfully accomplished the Project for the Development of e-Parliament System.
T h e E-Parliament project was implemented under grant aid provided by the Government of Korea and the e-Parliament System launching ceremony was held at the Government House on September 29, 2014.
At the ceremony, Deputy Speaker of the Parliament L.Tsog, Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Mongolia Lee Tae-ro, M P D.Erdenebat, Chairman of the Secretariat of the Parliament B.Boldbaatar, KOICA Resident Representative to Mongolia Choi Heung-yul, President of KTNET (Korea Trade Network) Seo Kwang-hyun and other officials were present.
In the scope of the project, the Government of Korea provided a non-refundable aid of 3.5 million USD by setting up latest technical and technological equipment and system, renewing all meeting halls’ video and audio devices as well as installing new soft programs.
The 2014 Spring Plenary Session of the State Great Khural (Parliament) was closed on July 01st and after break, the Autumn Session of the Parliament is to start on October 01, 2014.
Mongolia Establishes Diplomatic Relations with 183rd State of World, Saint Lucia
October 1 (infomongolia.com) Within its aim to establish diplomatic relations with all United Nations member states (193), Mongolia has established diplomatic relations with Saint Lucia in New York City on September 27, 2014.
Setting mutual aspirations to develop and strengthen friendly relations and cooperation as a guideline, the two countries agreed to adhere to the Vienna Convention on Diplomatic Relations, the UN Charter and international legal principles and standards.
Minister for Foreign Affairs of Mongolia, Luvsanvandan BOLD and Minister for External Affairs, International Trade and Civil Aviation of Saint Lucia, Alva Romanus Baptiste signed a joint statement on establishment of diplomatic relations.
The establishment of diplomatic relations with Saint Lucia provides better opportunities for both countries to develop friendly, peaceful and cooperative relations in the diplomatic, political, economic, humanitarian and other fields, moreover, the two states have agreed to support each other within bilateral and international organizations and that wider opportunities will open up for bilateral cooperation.
Following the joint statement signing ceremony, Minister L.Bold held bilateral meetings with Foreign Ministers of Botswana, the Marshall Islands, the Bahamas, Cameroon and Nigeria to talk about issues concerning the establishment of diplomatic relations, the cooperation within bilateral and international organizations as well as on possibilities for supporting Mongolia’s candidature in UN Human Rights Council elections in 2015.
As of September 28, 2014, Mongolia has established diplomatic relations with 183 states of the world and the EU.
Mongolia to Join International Community to Combat Ebola Outbreak
October 1 (infomongolia.com) Upon the request of key officers at the Embassy of the United States in Ulaanbaatar, Minister of Heath Mrs. Natsag UDVAL received in her office the Deputy Chief of Mission for the U.S. Embassy in UB, Mr. Kirk McBride and the Environment, Science and Health Officer Mr. Nathan Johnson on September 30, 2014.
At the beginning of meeting, Deputy Chief Kirk McBride stated that the U.S. President Barack Obama called on the international community to help fight the world's worst outbreak of the deadly Ebola virus and handed over an official letter to Minister N.Udval to join the United States in trying to stop the Ebola epidemic in West Africa, saying that the disease could be stopped within 6-9 months, if the world countries to unite their efforts.
In response, Minister N.Udval expressed Mongolia’s support for the U.S.’s renewed and bolstered efforts to combat the Ebola outbreak and as of actions being taken, she noted that an Emergency Operation Center was opened last week at the Ministry of Health with support of the World Health Organization (WHO). The Center is operational to receive up to date news on current situation of Ebola from experts and doctors of west coast in the Asia-Pacific region. Also, Health Minister N.Udval pledged to inform shortly on Mongolia’s participation and contribution to fight against Ebola, which is in the center of international concerns.
2014 Autumn Plenary Session of State Great Khural Commences
October 1 (infomongolia.com) The 2014 Autumn Plenary Session of the State Great Khural (Parliament) commenced at 11:40 am today on October 01st with an opening ceremony chaired by Speaker Z.Enkhbold, where 86.6% of total members of Parliament have attended.
At the opening ceremony, President Ts.Elbegdorj, Prime Minister N.Altankhuyag, resident Ambassadors, representatives of international organizations as well as foreign and local guests were present.
In his opening remarks, Speaker Z.Enkhbold underlined the importance of agreements established during recent visits of the heads of state of neighboring countries. Also, mentioned about many aspects in socio-economic sectors are awaited to consider in this session. For instances, the government budget deficit reached 605.8 billion MNT, poor livelihood situation and the bonds’ maturity date is approaching, therefore, discussion of the state budget for 2015 is a priority issue.
Moreover, one of the issues being in the center of public attention is a restructuring in the Prime Minister’s Cabinet. In this circumstance, Speaker pledged to revise the issue despite of agenda sequences, if the Cabinet submits.
Following the opening ceremony, Party Groups at the Parliament started to hold separate meetings.
Journalists of US Defense Visit Us
By B. Amarsaikhan
Ulaanbaatar, October 1 (MONTSAME) A Mongolian military "Soyombo" newspaper's editorial received senior editor Albert Julie and a reporter Glenister Sinda from Asia Pacific Defense "Forum" magazine of the United States Pacific Command (PACOM).
The guests spoke about their work and shared ideas on ways of cooperation with the Mongolian military press. They highly appreciated their Mongolian colleagues’ skills and efforts, having been shown during the UN peace-promoting operations and on the hotspots. They also learned that the "Soyombo" issues its “The Peace Messenger” English attachment and then talked with Mongolia side about information exchange and advertising Mongolian military press through the magazine.
"Forum" is a professional military journal that is published under the auspices of PACOM, and distributed to military servants and the public. In previous copies of the magazine, many articles were dedicated to Mongolian military operations and the "Khaan Quest" exercises.
At a request of the guests, Major-General S.Bayarmagnai, a vice-chairman of Headquarters of Mongolia's Armed Forces, gave an interview to "Forum". He highlighted a history of Mongolian Armed forces’ involvement in the UN peacekeeping missions and development perspectives of the military services.
Vice-Speaker Visits Pyongyang
By B. Amarsaikhan
Ulaanbaatar, October 1 (MONTSAME) The delegation headed by the Vice chairman of the State Great Khural R.Gonchigdorj visited North Korea on September 27-30. They were received by a president of the Presidium at Supreme People’s Assembly (SPA) Kim Yong-nam.
R.Gonchigdorj also met with the vice-chairman of SPA and invited him to Mongolia. They talked about the bilateral relations and regional and multilateral cooperation matters such as co-exploiting a port of Rajin and collaborating in agriculture.
Mr Gonchigdorj was accompanied by chairman of Standing Committee on justice D.Ganbat; O.Baasankhuu, M.Batchimeg, O.Sodbileg MPs and other officials. They got au fait with the Wonsan’s tourism zone, “Sondowon” international children’s camp, “Koryo” medical science academy, Pyongyang maternity center and “Okryu” children’s hospital.
First Road for Large Auto Put into Operation in South Gobi
By N. Khaliun
Ulaanbaatar, October 1 (MONTSAME) Such a road in Nariin Sukhait--Shivee Khuren direction was opened in Umnugobi aimag on September 27.
The designed principally for heavy vehicles road of 43.2 km has been built with investment of "Monnis international" and “South Gobi Sands” companies and run on the concession contract by RDCC LLC and the main contractor NTB LLC.
As expected, the road with a maximum allowable load on a single axle 26 tonnes will help increase coal exports, will accelerate a turnover of goods crossing the borders, and boost Gurvantes, Noyon and Sevrei settlements.
Theory-Practice Conference on Seniors' Social Welfare Runs
By B. Khuder
Ulaanbaatar, October 1 (MONTSAME) The Social Welfare and Service Section of the city’s Khan-Uul district Tuesday organized a theory-practice conference themed “Social welfare for seniors” on occasion of the international day for elders.
The gathered discussed some issues, then exchanged views on cooperation with the state bodies and NGOs that work on refining the elders-aimed state services and welfare, and touched upon a law on social welfare for elders.
At the conference were also Dr R.Oyunkhand, a general director of the National Center of Gerontology; B.Dolgormaa, a gerontology doctor at Khan-Uul district’s Health Center; Dr T.Amarjargal, a teacher of the Mongolian University of Sciences and Technology.
Mongolia and USA Share Experience
By B. Khuder
Ulaanbaatar, October 1 (MONTSAME) An experience-sharing seminar themed “Security and protection of airports” ran Wednesday in Ulaanbaatar.
Co-organized by the US Air Force at Pacific and the US National Guard in Alaska State together with the Mongolian side, the seminar attracted officials of the military attache service at the US Embassy in Mongolia, the security service of the “Chingis Khaan” international airport; servicemen from some military units at Mongolia's Armed Forces, and from the University of Defense.
Ruben Patterson to Teach Basketball Here
By B. Khuder
Ulaanbaatar, October 1 (MONTSAME) A former American professional basketball player and shooting guard Ruben Patterson will work in Mongolia to teach basketball techniques.
Patterson will give lessons particularly on guarding techniques to teachers, coaches and players at the Mongolian national basketball league.
Ruben Patterson nicknamed “Kobe Stopper” played as a small forward and shooting guard. During his college career at the University of Cincinnati, Patterson earned third-team All-American honors and helped lead the Bearcats to Conference USA titles in both of his seasons there.
Drafted by the Los Angeles Lakers in 1998, Patterson began his career with the Greek team AEK Athens BC before joining the Lakers in his rookie season. Later, he played for the NBA teams Seattle SuperSonics, Portland Trail Blazers, Denver Nuggets, Milwaukee Bucks, and Los Angeles Clippers before ending his career with the Lebanese team Champville SC.
Asgat Silver Deposit to Be Exploited by Joint Company
By B. Amarsaikhan
Ulaanbaatar, October 1 (MONTSAME) Executive director of “Erdenes Mongol” state-owned company O.Sainbuyan said Wednesday that an entity will be created to exploit the Asgat silver deposit, one of our strategic mineral deposits.
The memo on the entity is to be signed by the “Erdenes Mongol” and the Russian “RosTec” state corporation, he added.
The licenses of the Asgat deposit are owned by a “MongolRosTsvetmet” joint venture. It is considered rather convenient approach of exploiting the reserves, to form a joint company 51 percent of which belongs to Mongolia, and 49 percent to Russia.
"Establishing the entity owning the exploiting license of the deposit will determine the ‘game rules'," said the director. According to him, the feasibility studies and financing for the deposit will commence after the establishment of the new company. The reserves of Asgat have been estimated at 7,300 tonnes.
Stock exchange news for October 1
By B. Khuder
Ulaanbaatar, October 1 (MONTSAME) At the Stock Exchange trades on Wednesday, a total of 41 thousand and 115 shares of 25 JSCs were traded costing MNT 31 million 521 thousand and 140.00.
"Khokh gan” /13 thousand and 682 units/, “Mongol shiltgeen” /10 thousand units/, “Olloo” /5,100 units/, “E-trans logistics” /4,225 units/ and "APU” /3,103 units/ were the most actively traded in terms of trading volume, in terms of trading value were "APU” (MNT 11 million 482 thousand and 100), "Mongol shiltgeen” (MNT six million and 600 thousand), “Khasu-mandal” (MNT two million and 50 thousand), "Talkh chikher” (MNT one million and 840 thousand) and "Gobi” (MNT one million and 620 thousand).
The total market capitalization was set at MNT one trillion 580 billion 329 million 707 thousand and 136. The Index of Top-20 JSCs was 15,745.15, decreasing 52.60 units or 0.33% against the previous day.
Staffers of Mobicom donate blood
By N. Khaliun
Ulaanbaatar, October 1 (MONTSAME) In order to increase the stock of blood in the country, staffers of Mobicom corporation have donated their blood at the National center for blood transfusion. This event ran in frames of the action “Give life to every heart”.
Mobicom Corporation is the largest mobile phone operator in Mongolia. It was established as a joint Mongolian-Japanese venture on March 18 of 1996 to be the first Mongolian cell phone service. It was founded by Newcom Group, Sumitomo, and KDDI. Mongolia's Newcom holds 40% of the share. Aside from cellular communications, Mobicom has services including international communications, Internet and satellite communications and wireless local loop or WLL. As of 2009, Mobicom had over 16 offices in Ulaanbaatar and 30 in the aimags. Mobicom introduced 3.5G networking in 2009, and provides HSPA.
Mobicom network supports phones with UMTS 2100, HSDPA 2100, HSUPA 2100 or HSPA 2100 bands.