International Conference to Invest in Five Western Aimags of Mongolia to Gather in Khovd Aimag
October 13 (infomongolia.com) Under the auspices of the Prime Minister, International Conference on Investment in Western Region of Mongolia will take place in Khovd Aimag on October 22-24, 2014.
The Conference will focus on investment environment, projects and programs introductions in five western Aimags of Mongolia, and in the scope of general plan, it aims to introduce development strategy until 2025, to promote investment projects and programs to carry out, as well as to increase the participation of representatives from investors, policy & decision-makers and civil society representatives in the development activities of mining, infrastructure, industry, agriculture, construction and urban development sectors.
During the Conference, the following investment projects will be introduced to implement in Khovd Aimag in the near future:
1. Infrastructure Projects (auto road, transportation, heating, energy, construction and building materials production),
2. Mineral Projects (project implementation at Khushuut mine, mineral and geological exploration for oil and natural gas, tungsten, fluorspar, gold, rare and non-ferrous metals, water, mineral water and other common minerals for building materials),
3. Agricultural and Manufacturing Projects (leather, wool, cashmere, meat processing projects, crop and vegetable production projects),
4 Tourism, Services and Social Sector Projects (tourism industry projects, public sector projects, and trade and service sector projects).
Also, entrepreneurs’ workshop and "Khovd Partnership 2014" trade fair will be organized during the event. Moreover, the International Conference will bring not only national domestic companies, investment banks and funds, but also entities from China and Russia bordering with western Aimags and businesses and individuals from South Korea, Germany and Japan are claimed to participate, say officials.
Bill on wealth fund or heritage for future submitted to parliament
By B. Khuder
Ulaanbaatar, October 13 (MONTSAME) An advisor to the President on civil participation and economic policy L.Dashdorj Monday submitted to the Speaker Z.Enkhbold a draft law initiated by the President on “Wealth fund or heritage for future” and related to it bills.
In case the bill on wealth fund is adopted, a current management system of the macro economy of Mongolia will be changed, therefore a new system will be formed in the economic management, Mongolia will have its own money accumulation from mineral wealth, devoted to next generations, and stable conditions will be created for Mongolia’s economy, said Dashdorj.
He went on that a specific part of the revenue from mineral industry will be accumulated to form a financial heritage for the future. Moreover, a system will appear to run a correct management for this fund. In accordance with international experiences, the wealth fund will work as an independent corporation.
A system of the Fund for Future is a next phase of the current Human Development Fund (HDF), Dashdorj said. The mining revenue to the HDF will start transmitting to the wealth fund from January 1 of 2018.
Mining Minister submits bill to parliament
By B. Khuder
Ulaanbaatar, October 13 (MONTSAME) The Minister of Mining D.Gankhuyag MP Monday submitted to parliament a draft law on transparency of the mineral sector.
Geographically, Mongolia is located in a mineral wealthy zone, and the state used to manage all authorities related to the mineral resources and exploitation before the year 1990, "since then, the private sector has been enjoying the right to explore and exploit minerals thanks to the transmission to the market economy system, and, due to increase in a number of such enterprises, the state budget is accumulating its specific part from the mineral industry," he said. His draft reflects clauses on a goal of the mineral sector’s transparency, its frame; principles; a structure, authority and management of the body to ensure transparency of mineral sector and their roles. Moreover, it regulates the relations in reports on transparency, the legal subject in charge of issuing the reports, its rights and duties and the responsibilities to be imposed upon the law breaches, he explained.
Minister submits bill on joining ICS
By B. Amarsaikhan
Ulaanbaatar, October 13 (MONTSAME) Cabinet member and the Minister of Road and Transportation A.Gansukh presented October 10 a bill on joining International Convention on Salvage (1998) and International Labour Organization Convention (2006) to the Speaker Z.Enkhbold.
The International Convention on Salvage, adopted in London by the International Maritime Organization, is the first official document to regulate the assignment of rights to captains and owners of ships to sign agreements on operations for salvage of ships, carriages and other assets. The convention aims at eliminating the barriers on establishing agreements on above matters included in domestic regulations, thus, at promoting the punctual rescue operations, and developing the universal rules for improving rescuers’ conditions.
The Maritime Labour Convention (MLC) is an International Labour Organization convention, established on its meeting between 7 and 23 of February of 2006 as the fourth pillar of international maritime law and embodies "all up-to-date standards of existing international maritime labour Conventions and Recommendations, as well as the fundamental principles to be found in other international labour Conventions".
Stock market in statistics
By B. Khuder
Ulaanbaatar, October 13 (MONTSAME) In the first nine months of this year, 40.9 million shares were traded valued at MNT 137.9 billion in the stock market.
The securities trading increased by MNT 16.6 billion or 13.7 percent, whereas the size of shares decreased by MNT 2.1 million or 4.9 percent against the same period of 2013.
GGB in statistical mirror
By B. Khuder
Ulaanbaatar, October 13 (MONTSAME) In the first nine months of this year, total equilibrated revenue and grants of the General Government Budget (GGB) amounted MNT 4,311.7 billion, total expenditure and net lending of the budget reached MNT 4,504.2 billion, representing a deficit of 192.5 billion in the equilibrated balance of the GGB.
Tax revenue increased by MNT 190.5 billion or 5.5 percent against the previous year due to increases of MNT 105.9 billion or 22.9% in other taxes, MNT 86.0 billion or 14.2% in social security contributions and MNT 19.1 billion or 1.4% in taxes on goods and services. The income taxes declined by MNT 30.0 billion or 4.1% in which of MNT 50.6 billion or 11.9% were in revenue from corporate income tax.
Total expenditure and net lending of the GGB reached MNT 4,504.2 billion, increasing MNT 436.5 billion or 10.7% against the previous year due to increases of MNT 181.2 billion or 11.1% in expenditure on goods and service, of MNT 1,77.7 billion or 12.8% in subsidies and transfers expenditure, MNT 121.5 billion or 87.5% in interest payments, MNT 51.4 billion or 6.4% in capital expenditure, but there was a decrease of MNT 95.3 billion in net lending.
By B. Amarsaikhan
Ulaanbaatar, October 13 (MONTSAME) According to the National Statistics Office, a number of the unemployed stood at 33.9 thousand by late September of 2014, showing a decrease of 3.7 thous.people or 9.9 percent against the same period of 2013.
- In the first 9 months of 2014, the revenue of the Social Insurance Fund amounted to MNT 1,017.1 billion, reflecting an increase of 104.0 billion or of 11.4 percent. The expenditure of the fund reached MNT 952.8 billion, increasing 167.7 billion or 21.4 percent against the previous year.
- Some 104.5 billion Togrog were granted to 197.0 thous.people for pensions and welfare benefits from the Social Welfare Fund by the end of this September. Compared to the same period of 2013, a number of people receiving long-term pensions and welfare allowances went up by 13.2 thousand or 7.2 percent, and an amount of the pensions and allowances increased MNT 5.0 billion or by 5.1 percent.
- By the first nine months of this year, 177.8 billion Togrog were given from the Human Development Fund to 983.6 thousand children below 18 as a cash benefit.
External turnover reaches over USD 8,000 million
By B. Khuder
Ulaanbaatar, October 13 (MONTSAME) In the first nine months of this year, Mongolia traded with 129 countries, and the total external trade turnover reached USD 8,068.1 million, of which 4,021.8 million was made up by exports and USD 4,046.2 million by imports.
Total external trade turnover increased USD 144.8 million or 1.8% of the total where the exports went up by USD 924.0 million or 29.8%, whereas the imports--down by USD 779.2 million or 16.1% against the previous year.
External trade balance showed a deficit of USD 1.7 billion in the first nine months of 2014, showing a deficit of USD 24.4 million during nine months of 2014 and of USD 1,703.2 million against the previous year.
Nat’l consumer price index increases
By B. Khuder
Ulaanbaatar, October 13 (MONTSAME) The national consumer price index rose by 0.7 percent in September of 2014 from the previous month, by 8.5 percent against the beginning of the year. It also increased by 13.0 percent over the same period of the previous year. An increase of 0.7% was mainly due to increases of 4.2% in housing, water, electricity and fuels, and 1.2% in clothing, footwear and cloth.
Stock exchange news for October 13
By B. Khuder
Ulaanbaatar, October 13 (MONTSAME) At the Stock Exchange trades on Monday, a total of 101 thousand and 612 shares of 17 JSCs were traded costing MNT 41 million 770 thousand and 428.00.
"Genco tour bureau” /34 thousand and 619 units/, “Khokh gan” /26 thousand and 233 units/, “Hai Bi Oil” /25 thousand and 007 units/, “Olloo” /10 thousand and 062 units/ and "APU” /4,494 units/ were the most actively traded in terms of trading volume, in terms of trading value were "APU” (MNT 16 million 629 thousand and 230), "Hai Bi Oil” (MNT nine million 779 thousand and 870), “Khokh gan” (MNT two million 999 thousand and 226), "Genco tour bureau” (MNT two million 838 thousand and 619) and "Gobi” (MNT one million 618 thousand and 500).
The total market capitalization was set at MNT one trillion 571 billion 583 million 418 thousand and 173. The Index of Top-20 JSCs was 15,653.52, decreasing 54.71 units or 0.35% against the previous day.
UNICEF project appeals for accessible education for children in Mongolia
By B. Amarsaikhan
Ulaanbaatar, October 13 (MONTSAME) “Flying High for Kids” air balloon tour, under the auspices of UNICEF, has reached Mongolia. On the occasion of this event, UNICEF Mongolia is appealing for equal access for the disabled children to education, under the theme “Let’s study and develop together”.
“Flying high for Kids” project has been initiated by Andrew Parker, hot air balloon pilot from New Zealand, whose idea was supported by the UN Children’s Fund. The purpose of the project is to travel through over 100 countries to raise one million US dollars, as well as to advertise the activities of the UNICEF for improving children’s education. In frames of this, Mr Parker intends to meet with 80 thousand children from 200 schools.
The implementation of the above purposes in Mongolia is being supported by the UNICEF Mongolia and co-organized by the Ministry of Education and Science, the National Center for Children, the National Center for Re-Creation and Development, Parents Union for Disabled Children, “Common Development” NGO, “Down’s Syndrome Association of Mongolia” NGO, and the UN Youth Assembly, along with schools No. 29, 70 and “Shine Erin” school.
About children’s forum in Khentii
By N. Khaliun
Ulaanbaatar, October 13 (MONTSAME) A second national children's forum themed “My family” ran last week in Khentii province. It was organized by a “Bor-Ondor-1” and “Bor-Ondor-2” programs, implemented by World vision together with the Departmend of Social Development of the aimag.
The forum brought together more than 50 secondary school teachers and 72 pupils. Opening remarks were made by J.Oyunbaatar, the governor of Khentii province, and by a head of the Departmend of Social Development Sh.Javkhlan. They said the aimag authority gave kindergarten and secondary schools over thousand chess sets. Other reports were given on topics “My family values” and “Helping disabled children a place in society".
After that, the World vision ran a discussion on protection and development of children.
Birth rate in statistics
By B. Amarsaikhan
Ulaanbaatar, October 13 (MONTSAME) In the first nine months of 2014, 61,310 mothers delivered children, the number of live births reached 61,674.
The number of the mothers increased by 1,625 or by 2.7 percent and that of children went up by 1,684 or by 2.8 percent against the same period of 20013.
Infant mortality reached 912, increasing 59 children or 6.9 percent, a mortality of those under five reached 1,111, going up by 54 or 5.1 percent against the same period of the previous year.
City championship for chess to run
By B. Khuder
Ulaanbaatar, October 13 (MONTSAME) Ulaanbaatar chess championship among amateurs will run in several stages under auspices of the Citizens’ Representative Khural of the capital city.
Co-organized by the City Council and the City’s Federation of Chess, the tournament’s first stage will run until November 10 in men and women divisions. The final stage will take place this December among top nine men and nine women players.
The competition is open for those who do not have any chess titles or a rating above 2,000 points by Mongolia’s Chess Federation. Winners will be qualified to compete in the national chess championship for amateur players.
Mongolian becomes champion of Astana Grand Prix
By B. Amarsaikhan
Ulaanbaatar, October 13 (MONTSAME) International master of sports G.Otgontsetseg won on October 11 a gold medal in women 48kg category of Judo Grand Prix.
The events are running in Astana of Kazakhstan. Before defeating a Brazilian Natalia Powell in the final bout with Yuko score she had beaten judokas from China, Brazil and Italy.
Another final match ran in men 60kg category between our D.Amartuvshin and host country wrestler Yuldos Smetov. The latter won the bout, leaving his Mongolian rival with silver medal.
Our G.Kherlen, who competed in the same category, defeated Kazakhstan’s G.Yessimbetov, and was lost in the bout with Russian Kulikov. However, he managed a win in repechage round with B.Inoyatov from Uzbekistan. Afterwards, he has satisfied a bronze medal, having defeated H.Ishikava from Japan, with Yuko.
Breast cancer awareness day
October 13 (news.mn) October 13th marks breast cancer awareness day. Some suggest a great way to honor women with breast cancer is to opt out of wearing a bra.
About 5% to 10% of all cancers throughout the world are related to breast cancer.
Early detection is vital in the successful treatment of breast cancer. This can reduce the risks and help increase the odds if the cancer is present. If it’s detected earlier then it is more likely to be at a more treatable stage.
The warning signs of breast cancer are changes in the look or feel of the breast, a change in the look or feel of the nipple and/or nipple discharge.
An early symptom of breast cancer is often finding a lump, hard knot thickening inside of the breast. If this develops, you should go see a doctor.
Breast pain is rare but if you experience breast pain, it is not an early sign of breast cancer. In most cases, this is not a symptom or sign of cancer.
With the help of mammography screenings, most breast cancers are found at an early stage. Not all breast cancers are found through mammography, therefore, if you experience anything unusual, please consult a doctor.
‘Die Fledermaus’ to be premiered at the State Academic Drama Theatre
October 13 (news.mn) The Musical Drama Theater of Dornod Province presents “Die Fledermaus” (The Bat) an opera composed by Johann Strauss II in September for local audiences.
The local theatre artists will premiere the famous opera for the city at the State Academic Drama Theatre on October 26th.
The art director of The Musical Drama Theater of Dornod Province, G.Erdenebaatar, and students from Music and Dance College will perform Die Fledermaus in collaboration with conductor, G.Nyamdash, of Mongolian State Philharmonic and artists of The Musical Drama Theater of Dornod Province.
The Red Book of Mongolia is now available online
October 13 (news.mn) Mongolia’s Ministry of Environment and Green Development has launched redbook.mn webpage and an e-version of The Red book of Mongolia. The book focuses on taking measures to save and protect endangered species as well as recover their habitat and extend protected areas.
Redbook.mn provides data related to endangered species and herbs found in the book. The webpage has launched and the book is available through the iBooks application on iPhone, iPad, Kindle and other electronic devices. It is also accessible on PC.
This issue is in alliance with the national campaign “Green Development Concept” organized through the Ministry’s Medium Term Program established by the Government of Mongolia 2012-2016.
Mongolian Nationals Now Provided with E-Pass Services at Chinggis Khaan International Airport
October 13 (infomongolia.com) Within the non-refundable aid provided by Korea International Cooperation Agency (KOICA), Mongolian Immigration Office (Citizenship and Migration General Authority of Mongolia) has introduced the e-pass or electronic checkpoint machines under the "E-Immigration" Project being implemented since January 2013.
On October 10, 2014, the launching ceremony for new e-pass service was held at the Chinggis Khaan International Airport, where Deputy Justice Minister Ts.Uugangerel, Director-General of Mongolia Immigration B.Purevdorj, representatives of KOICA and Sysone, executive company, and other officials have attended.
Currently, two e-pass machines each for IN and OUT were installed at Buyant-Ukhaa border port and in the scope of introducing these machines, Mongolian nationals entering and leaving the territory are provided with prompt services that will take about 14-18 seconds to cross border just reading their biometric data and should pre-register their fingerprints, photo, passport or ID information coming in personnel at the airport.
Former "Justice" Coalition Member D.Battsogt Joins Democratic Party
October 13 (infomongolia.com) In April 2014, the incumbent Chairman of the Social Policy, Education, Culture and Science's Standing Committee at the Parliament, MP Dogsom BATTSOGT announced to leave his "Justice" Coalition (MPRP - MNDP), which was agreed at the Parliament discussion held a month later.
So on October 10, 2014, the Parliamentarian D.Battsogt joined the ruling Democratic Party (DP) and the DP membership card was handed to MP D.Battsogt by Head of the Capital City Citizens’ Representative Khural (City Council) D.Battulga at the Sukhbaatar District DP Office.
In his comment, Parliamentarian D.Battsogt said, “It is true that I joined the Democratic Party and I will officially explain the reason later.”
The reason to leave the "Justice" Coalition was some compromises with leadership as said MP D.Battsogt and becoming the DP member is considered as joining the “Shonkhor” faction of the Democratic Party ruled by Speaker Z.Enkhbold.
Parliamentarian D.Battsogt was elected from Khovd Aimag promoted by "Justice" Coalition (MPRP - MNDP) for the 2012 Parliament Elections.
As soon as the Parliament ratifies at its session, the ratio of political parties at the Parliament (a total of 76 members) will be as follows:
Democratic Party - 35 members of Parliament
Mongolian People’s Party - 26
"Justice" Coalition (MPRP - MNDP) - 10
Civil Will Green Party - 2
Independent members – 3Link to article