History of Ulaanbaatar city
The history of Ulaanbaatar is closely linked to the political situation in Mongolia in the 17th century.
Polls being conducted on changing the starting hours of some of the secondary schools in the capital city
Based on the findings, a new plan was proposed to change school starting hours of 59 schools which includes 23 public schools and 36 private schools.
Eight Interesting facts about the Capital city of Mongolia
Eight Interesting facts about the Capital city of Mongolia 1. ULAANBAATAR’S TALLEST BUILDINGThe third tower of the Shangri-La Centre, commissioned in 2016, is considered to be the tallest building in Ulaanbaatar. The building is 34 storeys and 136 meters high. The first part of the Shangri-La Centre was built in 2014, and the second part in 2015. The second section includes a 24-storey office tower and a 34-storey 200-room luxury hotel.
D.Sumiyabazar: During the visit, the Chinese side expressed willingness to support two major projects in Ulaanbaatar
The first test of a light-rail train will be conducted in 2024. And also, the construction of a highway will be initiated. Feasibility study and blueprints of the Tuul highway have been completed, which is one of the projects that are ready for implementation. So, we have officially proposed to China to implement these two projects within five years. The relevant parties are currently in the negotiation stage. I believe we can complete these projects.
Leader Kim Jong Il Who Devoted His Everything For People’s Happiness
Article on Leader Kim Jong Il, written by Sh.Undarmaa, Head of the Kim Jong Il Kindergarten of Darkhan-Uul Province, Mongolia
MNT100 BILLION SOFT LOAN PROGRAM GEARED TOWARDS SME ANNOUNCED
Within the framework of public-private partnership, Ulaanbaatar City’s SMEs Support Center and Bogd Bank have announced that a MNT100 billion soft loan with be granted to the SMEs operating in Ulaanbaatar city. Specifically, soft loans with a monthly interest rate of 1.3-1.5 will be provided to SMEs. SMEs will be offered flexible and favorable conditions, and the partner companies will focus on further improving loan and deposit conditions.
Construction projects during the COVID-19 pandemic
The newly appointed administration of Ulaanbaatar city has made valuable contributions despite the pandemic crisis.
Licenses no longer required to conduct 74 types of services
Calls from citizens seeking inquiries and information related to 74 types of services accounted for 27.5 percent of the calls to the 1800-1200 Call Center of the Capital city.
D.Sumiyabazar: We will focus on increasing jobs, income, and employment
At an operational meeting of Ulaanbaatar city officials D.Sumiyabazar, Governor of the Capital City and Mayor of Ulaanbaatar noted that 2022 will be a year dedicated to the prosperity of the citizens, and stressed that he will focus on increasing jobs, income, and employment.
BUDGET ON REDUCING TRAFFIC CONGESTION
During the extended meeting on May 19, 2021, for the first time, the Government of Mongolia discussed the pressing issues of Ulaanbaatar and made the decision to annually allocate MNT 420 billion to solve traffic congestion. Prior to this, the capital city authorities have been implementing several policies on reducing traffic congestion and all possible solutions that could be thought of except for those that required a large budget, such as subways, overhead roads, and bridges, and a unified traffic management system. This historic decision was made when Governor of the Capital City and Mayor of Ulaanbaatar Sumiyabazar Dolgorsuren and the city authorities cooperated with the Government to raise issues at a time when there was an urgent need for a comprehensive solution for the issue concerning decentralization.
YSC Program reviews the year of 2021
The Youth Sustainability Corps (YSC) program aims to foster environmental stewardship among Mongolian youths aged 15-22. Co-funded with the European Union, the Mongol Ecology Center established the YSC program in 2019.
Ulaanbaatar city authority fights corruption and supports businesses
Mr. Sumiyabazar Dolgorsuren, Governor of the Capital City and Mayor of Ulaanbaatar, signed off on the decision to enable 74 types of trade and services activities to be carried out freely based on their registration starting from January 1st, 2022, in accordance with the capital city’s laws, standards, and requirements.The 74 types of trade and services activities that can operate without permits given that they are registered with the tax authority and meet the relevant standards.
DAGVA RENTSENDAGVA: ELIMINATING CORRUPTION AND ENSURING ACCOUNTABILITY IS THE WAY TO DEVELOP
Mr. Dagva Rentsendagva noted “We are discussing ways to reduce and eliminate corruption and bureaucracy, which are the biggest obstacles to the well-being, rights and freedom of Mongolian people. Eliminating corruption and ensuring transparency, accountability, and responsibility is a way to have a positive impact on the cooperation between the state and is way to co-development. I hope that this forum, initiated by The Independent Authority Against Corruption, will be a useful forum that helps in realistically identifying the causes and conditions of corruption that hinder Mongolia’s development, and open up new ideas, ways and opportunities to eliminate corruption.”
FIRST CREDIT INFORMATION BUREAU LAUNCHED
The creative disruption of the fourth industrial revolution echoes across every sector of the economy, especially apparent in the financial industry. Private companies are evolving to provide efficient, transparent, and smart ecosystems for their customers, enabling lower costs and more timely financial services. Following the start of several successful fintech and cyber services, the first Credit Bureau license was granted by Mongolbank (Central bank of Mongolia) to Buren Score LLC.
Public buildings in Arkhangai aimag obtain energy performance certificates for the first time
The kindergarten building in Undur-Ulaan soum is one of 57 public buildings in 6 soums of Arkhangai aimag that have received energy performance certificates within the framework of the "CEMAATER-II – Energy efficiency and thermal comfort of educational buildings" project implemented by Geres International NGO in Arkhangai aimag.
Rio Tinto caught red-handed
While Rio Tinto has not provided concrete responses to the findings of the independent experts, Rio Tinto started to publicize their position on major global media outlets such as mining.com and financialtimes.com stating that “One of the factors that contributed to the US$1.45 billion cost overrun is the increase in investment costs for Mongolian workers.” In other words, while Rio Tinto initially explained “Cost overruns and project delays were due to ground conditions,” pointing at an inanimate object, they are now blaming their Mongolian workers. Outraged by the statement, the executives of Oyu Tolgoi’s mine workers’ trade union submitted a letter of demand to Kh. Amarjargal, Country Director in charge of Rio Tinto’s operations in Mongolia.
Mongolia is One Step Closer to Sustainable Production
Mongolia, known worldwide for its finest cashmere and unique nomadic culture, has approved the National MNS 6926:2021 - Standard for Sustainable Textile Production, in line with key government policies, including the country’s long-term development policy Vision 2050 and the 2030 Global Agenda for Sustainable Development. Furthermore, the National Standard indicators are in line with international standards, boosting the competitiveness of sustainably produced Mongolian genuine wool and cashmere products in foreign markets. The National Standard was officially approved by the Textile Technical Committee of the Mongolian Agency for Standardization and Metrology, with the main objective to make the textile sector environmentally friendly, socially responsible and ethical. It covers a wide range of issues such as the rational use of natural resources, energy consumption, the use of chemicals, industrial waste, social responsibility, labor protection, and animal rights.
External Advisory Committee meeting of “Switch Off Air Pollution” project organized
Opening the meeting, Beatriz Maroto Izquierdo, Country Director of Geres INGO, lead implementer of the project emphasized that “Despite the difficult situation with the Covid-19 pandemic, the project is being implemented successfully”. During the opening remarks, H.E. Mr. Sébastien Surun , Extraordinary and Plenipotentiary Ambassador of the French Republic to Mongolia said that “I am grateful that this project against air pollution addresses environmental, economic and social factors together.”
“Mongolia is on the same level as developed countries for its development of IT and communications sector”
“InvesCore’s achievements will serve as a stepping stone for many more Mongolian companies to enter the foreign market”