Mongolia Brief August 25, 2014 Part III



Military unit in Dornod province awarded State Order
By B. Khuder
Ulaanbaatar, August 25 (MONTSAME) Dornod aimag’s Kherlen soum-based a military unit named after Marshal Kh.Choibalsan has been awarded the Order of Military Merit pursuant to a decree of the President Ts.Elbegdorj, in frames of the 75th anniversary of the Khalkh River Battles Victory.

The Order granting ceremony took place Sunday in the military unit with a participation of Mr P.Tsagaan, the head of the Presidential Office; Brigadier-General Sh.Lhachinjav, the head of the General Authority for Border Protection, and other officials.
The President’s decree says that the military unit in Kherlen soum of Dornod aimag has been awarded this Order on occasion of the 2223rd anniversary of the first Mongolian statehood - the Hun Empire, the 808th anniversary of the Great Mongol Empire, the 93rd anniversary of the People’s Revolution of Mongolia, and the 75th anniversary of the Khalkh River Battles Victory.
In his speech, Mr Tsagaan emphasized that servicemen of this unit participated in the 1939 Khalkh River Battle and in the 1945 Liberation Battle.
“Many heroes were born from this military unit. They fought for us and our independence. Our present and future generations must not forget their priceless merit and reputation and must not ignore their heroism,” he stressed.
After this, the Brigadier-General Sh.Lhachinjav delivered a speech, underlining that both the wars of 1939 and 1945 were inevitable for Mongolia in its protecting the independence.

Khan Bank named the Best Bank in Mongolia
August 25 (Khan Bank) The international ‘Euromoney Awards for Excellence 2014’ event has been organized in Hong Kong awarding the best banks from around the world. At the ceremony, Khan Bank was named the ‘Best Bank in Mongolia’ for the seventh time, the bank’s website reported Monday.
Khan Bank was given this prestigious award for its solid and strong financial performance, continued efforts in implementing large scale projects, bringing innovative banking products and services - such as the bancassurance, smart phone banking, and the latest transactional technology contactless card - to the Mongolian market, enhancing access and availability of E-banking services, as well as commitment to transparency, openness and fairness, which serves as the foundation  to Khan Bank’s success.
Since its creation in 1992, Euromoney magazine has been awarding the best performing banks over the last 23 years. Euromoney reported on, and championed, this market and its growth, in the process becoming the principal magazine of the wholesale financial world, its institutions and its users.
Throughout the years, the magazine has picked the best performing banks in the categories of the ‘Best Global Bank’, ‘Best Regional Bank’ and ‘Country Awards for Excellence’ based on the careful analysis of each bank’s financial strength, scope of operations, acquired market share and sustainability.

Stock Exchange news for August 25
By B. Khuder
Ulaanbaatar, August 25 (MONTSAME) At the Stock Exchange trades on Monday, a total of 6,106 shares of 18 JSCs were traded costing 26 million 518 thousand and 449.00 Togrog.
"Tavantolgoi” /4,319 units/, “Mongol savkhi” /479 units/, “Noyot khairkhan” /360/, “E-trans logistics” /200/ and "Genco tour bureau” /200 units/ were the most actively traded in terms of trading volume, in terms of trading value were "Tavantolgoi” (MNT 21 million 685 thousand and 610), "Gutal” (MNT one million and 540 thousand), "Darkhan nekhii” (MNT 828 thousand), "Mongol savkhi” (MNT622 thousand and 700) and "Noyot khairkhan” (MNT 539 thousand and 640).
The total market capitalization was set at MNT one trillion 623 billion 671 million 870 thousand and 288. The Index of Top-20 JSCs was 15,983.14, decreasing 17.08% against the previous day.

International IT training held here
By B. Amarsaikhan
Ulaanbaatar, August 25 (MONTSAME) Nuclear Energy Authority (NEA) and International Agency of Atomic Energy (IAAE) are jointly organizing advanced training themed “The Use of Information technology in Research and Evaluation”, with an initiative of IAAE and the EU on August 18-22 in Ulaanbaatar.
The training has involved 24 IT professionals from R&E institutions of Mongolia, Myanmar, Laos, Indonesia, Pakistan, Palestine, Yemen, Syria, Iraq, Thailand and Philippines. The main purpose of the training is to introduce the latest information system of accounting software (RAIS 3.3 Web) into R&D institutions’ use.
During the training, the analysts gave information on efficient use of R&D information system, management networks in standard of IAAE, and security of online information.

Forum on children’s rights runs
By B. Khuder
Ulaanbaatar, August 25 (MONTSAME) The 3rd Asian Forum on the children’s rights took place August 23-24 in Ulaanbaatar.
Co-organized by the National Department for Children, the National Commission for Human Rights, the Permanent Representative Office of the UNICEF and Japan’s Institute for Convention on the Rights of the Child, the forum brought together 160 delegates of Mongolia, Japan, South Korea, India, Cambodia and Indonesia to have them discussed issues of children’s rights.
They also exchanged experiences, efforts and achievements in ensuring of the implementation of the Convention on the Rights of the Child and in protecting the children’s rights at Asian and local levels.
The National Department for Children (NDC) chairwoman I.Narantuya delivered a report about a realization of the Children’s Rights Convention in Mongolia and on measures being taken by the government. A department head of the NDC B.Javzankhuu gave a “Protection of children’s rights in Mongolia and supporting children’s rights” report.
At the end of the forum, the participants approved a declaration with a purpose of fortifying the international cooperation in realizing future measures for children’s rights and the Children’s Rights Convention.

Peace Corps sworn-in ceremony featured in News Hour
By B. Khuder
Ulaanbaatar, August 25 (MONTSAME) More than 90 new volunteers were sworn into service at the Peace Corps Mongolia Swearing-In Ceremony at the Ambassador Campbell's residence on August 16.
The event included remarks as well as performances of Mongolian songs by the Peace Corps Volunteers, said the US Embassy in its website last week.
The Peace Corps recruits, places and trains Americans of all ages and backgrounds to serve in 65 countries around the world. Volunteers work at the grassroots level toward sustainable change across six program areas: education, health, community economic development, environment, youth in development, and agriculture.
The swear-in ceremony has been featured in the News Hour of Mongolian National Broadcaster (MNB) television network. MNB is the most watched national TV station, and its Evening News Hour is especially popular.

Russian culture days continue
By B. Amarsaikhan
Ulaanbaatar, August 25 (MONTSAME) The days of Russian culture have started in a scope of the 75th anniversary of the Khalkh River Battles.
The event will continue until August 28. They include Russian movies and an arrival of famous actors from Russia who are expected to be received by M.Tumenjargal, a deputy Minister of Culture, Sports and Tourism.
Russian movies will be shown at Russian Culture and Science Centre.  

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