Mongolia Brief May 13, 2014 Part II
Foremost soums receive prizes
Ulaanbaatar,
May 13 (MONTSAME) The Prime Minister N.Altankhuyag Tuesday granted prizes to
authorities of Dornod aimag’s Dashbalbar, Tov aimag’s Jargalant, Arkhangai
aimag’s Erdenemandal and Khovd aimag’s Uyench soums that are selected as the
foremost soums of this year.
Each soum
received the certificate and a cash prize of MNT 100 million. By a governmental
resolution, the governors of these soums were obliged to spend 90% of the money
for developing industries and services, augmenting job places and improving furnishing
in their localities.
During the
ceremony, the Premier congratulated the soums’ governors on becoming foremost
soums being selected from 330 soums, and said these soums are selected through
the criteria for creation of good environment for people and herders to live
and construction works and making job places.
Mongolia to collaborate with Israel in rehab surgery
Ulaanbaatar,
May 13 (MONTSAME) Israel has a willingness to cooperate with Mongolia in the
health sector.
The Concurrent
Non-Resident Ambassador of Israel Mr Matan Vilnai said it at a meeting when he
and accompanied him official were received Tuesday by N.Udval, the Mongolia’s
Minister of Health.
First, Israel’s
side put forward a proposal to Mongolia to cooperate in introducing a new
technology for accelerating healing of big wounds caused by trauma and
diabetics. Combined oxygen and vacuum treatments, this technology has been
invented by Professor M.Topaz, an Israeli rehabilitation surgeon, Mr Vilnai
mentioned.
Moreover, the
Ambassador said a team of eye surgeons of his country wants to work in
Mongolia.
In response, Ms
Udval mentioned that medical doctors and surgeons from the National Center for
Traumatology and Rehabilitation (NSTR) and the 1st Central Clinical Hospital
have been involved in training to get familiarized with the new technology of
Israel, and then said it necessary to develop the collaboration between the
Israeli doctors and the NSTR. She appreciated the proposal for collaborating
with eye surgeons of the country, and said it is possible to collaborate in
holding training-seminar regarding the eye medical treatment.
Golomt Bank Held “International Trade Finance” Workshop with Global Law Firm “Clyde & Co”
May 12 (Golomt
Bank) Foreign trade volume is increasing due to the continuous growth of
Mongolian economy. Hence, Golomt bank held “International Trade Finance”
workshop with worldwide renowned law firm, Clyde & Co, to provide
information on how to enter international trade without risk for Mongolian
business owners. The business partners and the customers of Golomt bank have
participated in the workshop.
Clyde & Co,
the largest global law firm, is known to the world by its heritage and a
resolute focus on its clients’ business interests. With over 1,500 lawyers
operating from 37 offices and associated offices in six continents, the firm
advises and provides consulting services to financial institutions,
infrastructure, energy, insurance, mineral resources and governments.
Clyde & Co
Mongolia not only provides legal consulting to companies and individuals who
are interested to start a business or to invest in Mongolia but also provides
an information on how to expand your business, how to evaluate your asset, and
how to do IPO in international treasury market. The workshop was led and
lectured by Mr. Stephen Tricks of Clyde & Co, a highly professional lawyer
for 25 years specialized in international trade and commodity finance.
“Mongolia Trade
and Commodity Finance” international forum will be held in Mongolia on May
13th. Golomt bank is participating to the forum as Platinum sponsor and because
the workshop has been held just before the forum, it is bringing high value to
the Mongolian business owners regarding the international trade environment,
expansion of their business scope internationally as well as prevention from
possible risks.
Golomt Bank becomes first FATCA compliant bank in Mongolia
May 13 (Golomt
Bank) We are pleased to inform that Golomt Bank became the first Mongolian bank
to be compliant with the Foreign Account Tax Compliance Act (FATCA) and the
relevant mandatory implementing regulations and agreements in line with all
major banking institutions worldwide.
Please be
advised that Golomt Bank has been registered with the US Internal Revenue
Service (IRS) as a Participating Foreign Financial Institution (PFFI) and
obtained its Global Intermediary Identification Number (GIIN). Golomt
Bank will be included in the first list of registered entities to be published
on June 2nd 2014.
Stock exchange news for May 13
Ulaanbaatar,
May 13 (MONTSAME) At the Stock Exchange trades held Tuesday, a total of 35
thousand and 893 shares of 26 JSCs were traded costing MNT 34 million 442
thousand and 835.60.
"Bayanbogd"
/12 thousand and 918 units/, "Merex" /10 thousand units/,
"Hermes center" /6,210 units/, "Mongolia development"
/3,000 units/ and "Mongol savkhi" /1,369 units/ were the most
actively traded in terms of trading volume, in terms of trading
value--"Bayangol hotel” (MNT 16 million and 682 thousand),
"Gutal" (MNT two million 891 thousand and 880), "Mongolia
development" (MNT two million 099 thousand and 980), "Darkhan
khovon" (MNT two million 003 thousand and 400) and "Gobi" (MNT
one million 881 thousand and 600).
The total
market capitalization was set at MNT one trillion 613 billion 074 million 422
thousand and 913. The Index of Top-20 JSCs was 15,661.35, increasing by MNT
23.25 or 0.15% against the previous day.
Mongolia finishes 2nd in East Asian Judo Championship
Ulaanbaatar,
May 13 (MONTSAME) Mongolian judokas captured four gold, four silver and 12
bronze medals in the 7th East Asian Judo Championship held last weekend in
Ulaanbaatar, Mongolia.
The gold medals
went to G.Odbayar IMS in the men’s 73 kg, N.Dagvadorj in the men’s 81 kg,
D.Sumya in the women’s 57 kg and Ts.Naranjargal in the women’s 70 kg contests
of the tournament. In the team contest held on the last day, the Mongolian
men’s team claimed gold medal, whereas the women’s team won a bronze medal.
Besides
Mongolia, this year’s championship was attended by about 90 judokas from Japan,
South Korea, North Korea, China, Taiwan and Hong Kong, competing in men’s and
women’s 14 the weight categories.
As the team
result, the national team of Japan took 1st place, grabbing seven gold, two
silver and four bronze medals.
World champion M.Urantsetseg tops IJF ranking
Ulaanbaatar,
May 13 (MONTSAME) A State Honored Sportswoman and World champion M.Urantsetseg
has led the world ranking for women’s 48 kg category by the latest rankings of
top judokas of the world released by the International Judo Federation (IJF).
An official
document on the news has been sent from the IJF to the Mongolian Judo
Federation (MJF), and it says that M.Urantsetseg led the ranking with 2,848
points after adding up 500 points by winning a gold medal in the Baku Grand
Slam.
According to
the latest rankings, a State Honored Sportsman and Olympic bronze medalist
S.Nyam-Ochir was ranked 2nd in the men’s 73 kg category. G.Boldbaatar IMS
(men’s 60 kg) was ranked 3rd, D.Tomorkhuleg (men’s 66 kg)--4th place,
D.Amartuvshin (men’s 60 kg) and D.Sumya (women’s 63 kg)--5th places, and a
State Honored Sportsman and World champion Kh.Tsagaanbaatar--6th place in the
men’s 73 kg category.
Other judokas
were listed in first 15 places.
Meet the brave young volunteer
May 13
(news.mn) A brave volunteer who helps the hard working street cleaning service
workers has been spotted on the streets of Ulaanbaatar. She is Jesse Bercaw, an
American student of World Learning SIT Mongolia program. Jesse Bercaw applied
for work as a volunteer in the Public Services Ulaanbaatar brigade like a real
street cleaning service worker. A brave, young lady who sweeps the streets is
admired by everyone passing.
-I found a picture of you on Facebook and
decided to meet you. I appreciate that you help the busiest people of
Ulaanbaatar City. Why did you decide to do this as a volunteer?
-In the USA,
where I come from there are no street cleaners. I was fascinated about what the
street cleaner do when I came to Mongolia. Then I wanted to experience and
learn about the street cleaners working conditions, how they see their work,
and if they are satisfied with their work.
-How is the work?
-It is
fascinating but really hard work. These people are very hard-working. And they
do it honestly. It is hard to imagine how they do it outside for hours in the
long winter.
-What time to you start and finish?
-We start at
7.00 in the morning and have a break for lunch around 12 - 2.00 pm and finish
at 6.00 pm.
-What about weekends?
-One of the
days is a day off. Last Saturday my teacher Tumuruu (one of the experienced
workers of the brigade) and I were on duty.
-What makes you disappointed the most when
you clean the streets?
-What makes me
disappointed was we clean all around and when we came back everything is dirty
all over again.
-Do people seem surprised seeing a
foreigner who sweeps the streets?
-Yeah,
Mongolians are friendly, open people. Since I worked here for four days, a lot
of people came to me to say hello and kept asking why I was doing this. Another
one even suggested me another job.
-What is your business here in Mongolia?
-I am studying
here for the World Learning SIT Mongolia program.
-A photo of you on facebook got a lot of
shares and likes.
-Oh yeah? I’m
today`s big star.
-Why are your colleagues laughing at you?
-Today I broke
my broom. I am very embarrassed about it. That`s why they are laughing at me.
Her colleagues
of the Public services Ulaanbaatar brigade are very proud of the young, brave
volunteer. She is being supervised by one of the best workers L.Tumuruu.
The road and
field master, O.Erdenebayar, spoke about the volunteer saying that she is
easygoing so there is no problem. The busiest, most hard-working people in
Ulaanbaatar city called the free give-away of garbage bags from the City Mayor
as litter. But the City Administration has already spent billions on the free
give-away of garbage bags.
These street
cleaners also complain about the multitude of cigarette ends that are thrown
out from vehicle windows that are littering the streets of the city.
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