MONTSAME Daily News

PRESIDENT’S OFFICE DIRECTS MINISTRY OF FINANCE


Ulaanbaatar /MONTSAME/ On August 4, Chief of Staff of the Presi¬dent of Mongolia Z.Enkhbold has delivered an official letter on coop¬eration on offshore account with the international organizations to the Ministry of Finance.
Official letter stated: “The Presi¬dent of Mongolia Khaltmaagiin Bat¬tulga is working on returning illegal assets from offshore account and reducing credit stress.
In the scope of this initiative, we are planning to cooperate with the international organizations and proj¬ects including the Organisation for Economic Co-operation and Devel¬opment /OECD/, the Global Forum of Transparency and Exchange of Information for Tax Purposes, and Base Erosion and Profit Shifting.
These organizations have al¬ready suggested Mongolia to be¬come their member in 2012 and in 2016. In the scope of the President’s initiative against offshore account, to study opportunities for Mongolia to joining the above mentioned organi¬zations and projects. Please provide information about the implementa¬tion progress of this work”.
Source: President.mn
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PRESIDENT’S FOREIGN POLICY ADVISOR VISITING IRAN


Ulaanbaatar /MONTSAME/ Spe¬cial Envoy and Foreign Policy Ad¬visor to President L.Purevsuren is visiting the Islamic Republic of Iran.
A Mongolian delegation led by the Special Envoy attended the in¬auguration of Iranian President Has¬san Rouhani for his second term on August 5.
In scope of his visit to the Is¬lamic Republic, Foreign Policy Ad¬visor L.Purevsuren will address the progress of bilateral relationship in politics, trade, economy, agriculture, science and education sectors, par¬ticularly, the joint study of Ilkhanate era with Iranian officials.
Kh.Aminaa

CIVIL AVIATION DIRECTORS OF ASIA-PACIFIC CONVENE IN ULAANBAATAR

Ulaanbaatar /MONTSAME/ The 54th Conference of Directors General of Civil Aviation, Asia and Pacific Regions opened today, August 7 in Ulaanbaatar.
Held under the theme ‘The Chal¬lenge of Managing Outcome Fo¬cused and Risk Based Regulations for Asia Pacific States’, the five-day conference is being attended by over 400 delegates representing civil aviation authorities of the re¬gional countries.
Olumuyiwa Benard, President of the Council of International Civil Avi¬ation Organization expressed grati¬tude to the Government of Mongolia for hosting the international confer¬ence. “It has been estimated that global air traffic will increase twice in the next 15 years”, he said, adding that majority of this traffic will be in the Asia Pacific region.
“We will work with Mongolia on increasing air navigation safety as the increasing air traffic will burden the Mongolian airspace”.
The Mongolian side highlighted the importance of the conference in promoting Mongolia and the Mongo¬lian civil aviation, and strengthening cooperation between Asia-Pacific countries and the International Civil Aviation Organization.
The conference agenda includes a number of key issues such as avi¬ation safety and air navigation, eco¬nomic development of air transport, aviation and environment and tech¬nical and regional cooperation in ad¬dition to review of action items aris¬ing from the previous conference.
Last year, Mongolian civil avia¬tion delegates led by G.Nyamdavaa, Director of General Civil Aviation Au¬thority took part in the ‘53rd Confer¬ence of Directors General of Civil Aviations Asia & Pacific’ held in Co¬lombo city of the Democratic Social¬ity Republic of Sri Lanka.
Kh.Aminaa

MONGOLIANS CELEBRATE THIRD DANSHIG NAADAM


Ulaanbaatar /MONTSAME/ More than 1000 monks from all around the nation take part in the annual Danshig Naadam – Khuree Tsam religious & cultural event.
The 3rd Danshig Naadam – Khu¬ree Tsam religious & cultural event opened today at the central Stadi¬um. Changing its venue from Khui Doloon Khudag to the stadium this year, the 2017 Danshig Naadam was opened by D.Choijamts, Kham¬ba Lama of Gandantegchenling Monastery who underlined the role of the event in promoting peace and national integrity.
“Danshig Naadam is an impor¬tant event that can preserve Mongo¬lia’s unity and culture in this time of globalization”, he said.
On behalf of the capital city ad¬ministration, co-organizer of the Danshig Naadam alongside Bud-dhist monasteries, Deputy Mayor J.Batbayasgalan delivered opening remarks, and said, “It’s been three years since Mongolia revived its Danshig Naadam tradition which had been lost for more than 100 years”. “Danshig Naadam contrib¬utes significantly to the development of tourism”.
In connection to the change of venue, this year’s Danshig Naadam doesn’t include horse race and ar¬chery. Following the opening cer¬emony which comprised several rituals such as the raising of the Soyombo banner, Mandala offer¬ing, performance of Undur Gegeen Zanabazar’s prayer and worship¬ping of Ochirvaani (Vajrapani), the wrestling tournament began be¬tween 256 wrestlers who compete for the title of Lion of Danshig.
The first Danshig Naadam was held in 1639 to celebrate the en¬thronement of 5-year-old Zanaba¬zar, son of Gombodorj, as the first Bogd Jebtsundamba Khutuktu and the spiritual leader of Mongolian people.
Although a Buddhist ceremonial event, it brought sense of unity to the people of Mongolia as it gath¬ered the seven princes of Khalkha aimags together once a year. The word ‘danshig’ translates into ‘firm existence’. As such, the Danshig Naadam was not only a religious event but also a political function for it brought the Mongolian leaders to¬gether.
Mongolia revived its Danshig Na¬adam tradition in 2015 on the occa¬sion of the 380th birth anniversary of Undur Gegeen Zanabazar. The Danshig Naadam tickets to the Sta¬dium are free of cost, and in order to ensure order, free tickets are issued to Danshig-goers.
Kh.Aminaa

DANSHIG NAADAM: WHAT TO EXPECT ON DAY 2

Ulaanbaatar /MONTSAME/ Khuree Tsam, primary attraction of the ongoing Danshig Naadam will entertain the audiences on August 6, Sunday.
Tsam performance is carried-out in order to subdue and purify exter¬nal environment, eradicate disease, suffering, war, famine, and hardship, and spread auspiciousness.
Program of Danshig Naadam - Khuree Tsam on August 6, Sunday
09:00-20:00 Tourism Expo (Out¬side the Stadium)
11:00-19:00 ‘Wonders of Mongo¬lian art’ cultural show by artists from 9 districts of the capital city; ‘World Heritage: Mongolian Culture’ exhibi¬tion of UNESCO-registered cultural heritages (Outside the Stadium)
08:00-09:00 Religious rituals (Stadium)
09:00-15:00 Khuree Tsam dance (Stadium)
15:00-16:00 Fifth round of wres¬tling tournament (Stadium)
16:20-17:00 Sixth round of wres¬tling tournament (Stadium)
17:20-18:00 Seventh round of wrestling tournament (Stadium)
18:00-18:20 Eighth round of wrestling tournament (Stadium)
18:20-18:40 Award ceremony for winners of wrestling tournament and religious contests (Stadium)
18:40-18:50 Closing ceremony of ‘Danshig Naadam – Khuree Tsam’ (Stadium)
18:50-19:00 Blessing chanting (Stadium)
The third Danshig Naadam is be¬ing co-organized by Buddhist mon¬asteries and the capital city admin¬istration at the Central Stadium on August 5-6. Although the main event began today, the religious rituals started on August 3 to continue until August 7 at the Gandantegchenling Monastery.
Kh.Aminaa

WRESTLER R.PUREVDAGVA CLAIMS HIS THIRD DANSHIG NAADAM VICTORY


Ulaanbaatar /MONTSAME/ Gi¬ant of Danshig R.Purevdagva won the wrestling tournament of Danshig Naadam, upgrading his title to Wide Giant of Danshig.
Following the Khuree Tsam per¬formance which started early morn¬ing on the second day of Danshig Naadam to continue for more than 6 hours, the wrestling tournament re¬sumed with the fifth round.
As such, the 2017 Danshig Na¬adam – Khuree Tsam concluded on August 6 as the wrestling tourna¬ment saw wrestler R.Purevdagva claim victory for the third year since the Danshig Naadam’s inception.
Wrestler B.Soronzonbold made it to the finals after winning seven matches, and thus earning El-ephant of Danshig title. On the other hand, wrestlers G.Gannyam, N.Tuvshinbayar and D.Purevdorj earned the lowest rank of a Mongo¬lian wrestling, Falcon of Danshig by winning five matches.
Kh.Aminaa

KHUREE TSAM ALLURES AUDIENCES TO CENTRAL STADIUM


Ulaanbaatar /MONTSAME/ Mon¬golian Khuree Tsam was performed fully and successfully for the third time on the second day of religious & cultural event Danshig Naadam, August 6.
The Khuree Tsam is performed by over 100 people wearing enormous and glorious masks and heavy orna¬ments and dancing as different char¬acters and deities in order to subdue malevolent spirits, purify external environment, eradicate disease, suffering, war, famine and hardship, and spread auspiciousness. The religious ritual is performed for 6-8 hours in its full form.
Tsam performance is essentially the main element of Danshig Na¬adam which was first celebrated in 1639 for the enthronement of Zanabazar as the first Bogd Jebt¬sundamba Khutuktu, and was re¬vived in 2015 in commemoration of his 380th birth anniversary.
The Buddhist ritual Tsam dance was introduced to Mongolia around the 18th century. The first Tsam was performed in Ikh Khuree in 1811; thus, the Mongolian Tsam dance was later called ‘Ikh Khuree Tsam’.
Kh.Aminaa

NEMA GRANTED CARGO TRUCKS FROM GENERAL STAFF OF ARMED FORCE


Ulaanbaatar /MONTSAME/ At the A/211th order of the Minister of Defense and A/69th order of the Head of General Staff of the Mon¬golian Armed Force, 186th military unit of Orkhon aimag’s 10 ZIL-131 cargo trucks have been delivered to National Emergency Management Agency. A ceremony took place in Orkhon aimag to gift the trucks to NEMA on August 5.
The ceremony was attended by Colonel B.Byambaa, Chief Engineer of GSMAF, Colonel Ya.Gantumur, Head of Finance and Investment Department of NEMA, Colonel Ch.Tsogbayar, Head of State Re¬serve and Humanitarian Assistance, Sh.Ganbold, Head of Orkhon Aimag Governor’s Administration Office, Colonel G.Batsuure, Chief of Staff of Orkhon Aimag’s Armed Force, Colonel of NEMA G.Ganbaatar and Colonel Jigjidsuren, Commander of the 186th military unit.
The National Emergency Man¬agement Agency will be delivering the trucks to potential wildfire haz¬ard areas. More specifically, Emer¬gency Department of Ulaanbaatar City, Rescue Special Unit, as well as Bulgan, Tuv, Orkhon, Bayan-Ulgii, Khuvsgul, Darkhan-Uul, Selenge and Khentii aimags.
B.Tugsbilig ,1 COAL MONGOLIA 2017 DRAWING NEAR

Ulaanbaatar /MONTSAME/ Un¬der the support of the Mongolian government as well as foreign and domestic coal investors, the 7th annual international confer¬ence and exhibition “Coal Mongo¬lia 2017” will be held in Shangri- La Hotel, on 7-9 September 2017.
The primary objectives of the last six conferences were to attract in¬ternational investment into the coal sector of Mongolia, introduce ad¬vanced technologies and strengthen the competitiveness of Mongolian coal sector in the Asian market.
Currently, Mongolian coal ex¬port capacity has reached about 50 million tonnes but actual export is around half of the full capacity. Thus, new objectives of “Coal Mongolia” conference have been renewed to improve structure and conformity of coal export, trade, transportation, lo¬gistics and customs as well as to in¬crease efficiency of the foreign and domestic investments.
In order to achieve these new objectives, organisers of the “Coal Mongolia” conference have decided to partner with Fenwei Energy Infor¬mation Services Co., Ltd. to co-orga¬nise “Coal Mongolia 2017”. Fenwei is the most reputable and leading coal industry information provider and consulting firm in China and it operates the most popular China coal industry web-portal sxcoal.com. It also hosts two major coal events in China every year, the Global Cok¬ing Coal Resource & Market Sum¬mit and the Global Thermal Coal Re¬source & Market Summit.
During the Coal Mongolia 2017 conference, the Mongolian Coal Association is going to co-organise “Mongolia-China Coal Business Fo¬rum” and its key objectives are to en¬hance the coal industry cooperation and to support coal trade between these two countries. This additional forum will benefit all participants and is so important that you cannot af¬ford to miss this year. Due to the fact that China banned all coal imports from North Korea and the effect of Cyclone Debbie in Australia, the global coking coal mar¬ket is facing a significant shortage, which has resulted in sharp increase in coking coal prices. However, it is a great opportunity for Mongolia to revive its coal market and activate coal trade, transportation and sup¬ply businesses with its partners.
Participants of Coal Mongolia 2017 will receive important and use¬ful information on future prospects of the global coal market, potentials of Mongolian coal in China and around the world, Mongolian coal policy, and future opportunities on invest¬ment, trade, transportation and sup¬ply chain in Mongolian coal market from authoritative sources.
Register now on coalmongolia. mn
B.Tugsbilig

STOCK EXCHANGE WEEKLY REVIEW (JULY 31 - AUGUST 04)


Ulaanbaatar /MONTSAME/ Dur¬ing the period between July 31 and August 04, 2017, MSE conducted 5 trading sessions with a total value of MNT 18,093,009,257. The daily av¬erage value was MNT 3.6 billion.
1. STOCK TRADING:
409,494 shares of 43 listed com¬panies with a total value of MNT 215,772,156 were traded.
Most active stocks:
1. APU /MNT 107,840,629/
2. Tavan Tolgoi /MNT 39,943,920/
3. Shivee Ovoo /MNT 11,506,650/
4. Gobi /MNT 9,211,120/
5. Mongolian Post JSC /MNT 7,740,260/
Most active brokerage compa¬nies:
1. Golomt Capital LLC /MNT 121,702,054/
2. BDSec JSC /MNT 50,207,550/
3. Standard Investment LLC / MNT 49,276,258/
4. Ard Capital Group LLC /MNT 32,346,084/
5. TDB Capital LLC /MNT 26,242,487/
2. GOVERNMENT SECURITIES:
175,327 units of Government re¬tail bonds with a total value of MNT 16,851,013,631 were traded on the primary market in one trade.
Most active brokerage compa¬nies for Government securities pri¬mary market trading: 1. “BDSec UTsK” JSC /MNT 4,382,348,159/
2. “Mire Asset Securi¬ties Mongolia UTsK” LLC /MNT 9,754,182,472/
3. “Novel Investment UTsK” LLC /MNT 1,469,311,00/
4. “Gauli UTsK” LLC /MNT 596,266,600/
5. “Golomt Capital UTsK” LLC / MNT 511,500,000/
6. “TDB Capital UTsK” LLC / MNT 122,139,600/
7. “Tenger Capital UTsK” LLC / MNT 16,265,800/
9,923 units of Government re¬tail bonds with a total of the value of MNT 996,791,130 were traded by 10 trades on the secondary market.
Most active brokerage compa¬nies for Government securities sec¬ondary market trading: 1. “Novel Investment UTsK” LLC /MNT 1,190,208,200/
2. “Mire Asset Securities Mon¬golia UTsK” LLC /MNT 769,995,720/
3. “Golomt Capital UTsK” LLC / MNT 32,060,800/
Note: Estimated from the total sum of buy and sell.
As of August 04th, 2017, the mar¬ket capitalization was worth MNT 1,582,173,933,552 and the MSE All index decreased by 0.2% reaching 883.94 units.
Source: Mongolian Stock Exchange
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