BCM KNOWLEDGE SHARING SESSION 28 February 2023

BCM KNOWLEDGE SHARING SESSION 28 February 2023

BCM KNOWLEDGE SHARING SESSION

On 28 February 2023 the BCM held a successful KSS (Knowledge Sharing Session) at Shangri-La office on the topic of “Stewardship: Needed for today’s companies, imperative for tomorrow’s business” presented by Mr. Ong Bong Hwee, Advisor at Temasek Holdings. The BCM members had the opportunity to learn about the importance of stewardship ethics and to have a discussion with Mr. Ong at the end of the session. This KSS was a crowd pleaser and Mr. Ong gifted his book “Entrusted” to the BCM.
We, the BCM team, would like to show gratitude towards Mr. Ong for the insightful and wonderful presentation on stewardship! Thank you to all the attendees who participated in the session!

ECONOMIC FREEDOM AND COMPETITIVENESS WG MEETING

ECONOMIC FREEDOM AND COMPETITIVENESS WG MEETING

 The Business Council of Mongolia held Economic Freedom and Competitiveness Working Group meeting today on 17 February 2023. The aim of the meeting was to introduce the Systematical Analysis approach to working group members and to brainstorm further discussions.

We would like to express special thanks to BCM Economic Freedom and Competitiveness Working Group Chair, Mr. JARGALSAIKHAN Dugar, Chairman of Gund Investment LLC and Vice-Chair, Ms. Deirdré Lingenfelder, CEO of Oyu Tolgoi for leading the session.

Please click here for the presentation slides: Presentation

 

Thank you to all attendees for your active participation.

BCM Networking Evening 31 January 2023

BCM Networking Evening 31 January 2023

BCM Networking Event
We are grateful for our proud member URECA for sponsoring the networking evening which was organized on 31 January 2023 at Sen Izaya. Thank you for all the attendees.
URECA Pte. Ltd. is a Singapore based climate-tech startup with the mission to make carbon offsetting accessible for all. URECA uses innovative technology solutions to provide a market place for carbon offsetting that is transparent, affordable and universally accessible.
 
BCM Knowledge Sharing Session 25 January 2023

BCM Knowledge Sharing Session 25 January 2023

The Business Council of Mongolia organized its "Knowledge Sharing Session" on 25 February 2023 at the Shangri-La Office.  Co-Founder, Senior lawyer: Mr. Bat-Erdene BATBAYAR of the "Legal Mate" LLC Mongolian law firm, introduced 5 laws that has been passed and effective in 2023 that businesses should be aware of, including: The Corporate Income Tax Law, The Law of Mongolia on State Inspection, The Law on Licensing, The Law on Personal Income Tax and The Law of Mongolia on Valuation of Assets.
 
Thank you Mr. B. Batbayar for the introduction. Thank you for all the attendees for their active participation.
 
Please click here for the presentation slides in Mongolian and in English:
BCM 2022: Annual Report

BCM 2022: Annual Report

The Business Council of Mongolia delivers you the Annual Report for 2022. The Annual Report covers all events organised by the BCM throughout 2022.

PDF: BCM 2022: Annual Report

Quarterly Report of 2022 | 3rd Edition

Quarterly Report of 2022 | 3rd Edition

The Business Council of Mongolia delivers you its Third Edition of the BCM Quarterly Report of 2022. The third edition covers all events organised by the BCM through the months of September - October. The fuller version of the articles can be found in the highlighted "details" part on the report.

PDF: 2022 Third Quarterly Report  

BCM Lunch Meeting/ Networking

BCM Lunch Meeting/ Networking

[ BCM Lunch Meeting/ Networking ]

Business Council Mongolia organized its Networking session on 2 November 2022 at Shangri-la Brut 19’32 Brasserie. The theme was on “ Media, Advertising, Commerce and Ad-tech solutions “. Our dear guests and members had a meeting with Pieter-Jan De Kroon, Co-founder & CEO of Entravision MediaDonuts. We hope that our guests made important connections and exchange valuable information through out this networking.

BCM would like to thank our members and supporters for spending fine a afternoon with us.
Badrakh Energy CSR activities

Badrakh Energy CSR activities

 To ensure the acceptability and sustainability of its business activities, Badrakh Energy is committed to a process of dialogue, consultation and sharing with its stakeholders.

For that purpose, a dedicated dialogue body with local communities and administrations was set up back in 2013 in Ulaanbadrakh soum and Zuunbayan bagh of Sainshand soum of Dornogobi province to develop open dialogue, to facilitate the exchange of opinions, to ensure transparency, as well as to provide information on company activities and short- and medium-term plans related to the project through regular meetings held with local communities.

Since 2013, the Cooperation Council has met 25 times in Ulaanbadrakh soum and 25 times in Zuunbayan bagh.

 Picture 1: Cooperation council meeting of Ulaanbadrakh soum

Badrakh Energy LLC has been contributing to the socio-economic development of local communities since its establishment in Mongolia.

Badrakh Energy LLC undertakes projects and programs to support the socio-economic development of Ulaanbadrakh soum and Zuunbayan bagh of Sainshand soum of Dornogobi aimag where it operates. In doing so, the company has implemented health, environment, water supply and education projects that are tailored to the specific needs of the given community, in consultation and cooperation with local stakeholders.

 

Badrakh Energy LLC is investing in the education sector.

Badrakh Energy LLC has been improving the learning conditions of children and youth by investing in the education sector. The recent example was in October 2021, when the company handed over 80 tables and 160 chairs worth 25 million MNT as a part of the project to renovate the tables and chairs of pupils in the general education school of Ulaanbadrakh soum in Dornogovi province. As a result of the project, five classrooms of this school had their tables and chairs fully renovated, which greatly contributed to the learning environment and comfort of children.

Picture 2-3: After setting the new tables and chairs in the classroom

Besides this project, Badrakh Energy LLC received a request from the general education school in Zuunbayan bagh of Sainshand soum, Dornogovi province about acquiring a children’s van to be used for driving to olympiads, contests and competitions, for organizing trips to travel in the region and to acquire a professional guidance and for going to trainings and seminars. Following this request, the company purchased a 12-passenger van Hyundai Starex H1 and handed it over to the management of the general education school in December 2021.

Director of Zuunbayan bagh’s general education school Kh. Otgonbayar expressed gratitude to the staff of the company on behalf of teachers and pupils: “We received the children’s van that was donated by Badrakh Energy LLC, which had sincerely cooperated for the children’s cause. Our children are now able to participate in various activities without fearing the cold of the winter and the heat of the summer. May the good grace of children bless all you generous and devoted. Thank you very much!

 

Picture 4: the children’s school van that was supplied by Badrakh Energy LLC

Picture 5: director of Zuunbayan bagh’s general education school Kh. Otgonbayar and the company’s local affairs and cooperation specialist B. Buyankhishig during the handover of the children’s van

In addition, in April 2022, the Company implemented the project to fully equip the linguistic lab for the purpose of improving the conditions of pupils to learn foreign languages at the general education school in Zuunbayan bagh. The company financed the linguistic lab equipment with more than 22 million MNT and handed it over to the administration of the school.

Picture 6: Handing over the linguistic lab equipment to the general education school of Zuunbayan bagh

Badrakh Energy LLC is pleased to be investing in the educational sector and to support the learning of children and youth.

Badrakh Energy LLC is investing in the health  sector.

An important part of the social projects of Bdarakh Energy LLC covers health care sector. The very recent example is the renovation of  the physical therapy room at the inter-soum hospital in Zuunbayan bagh of Sainshand soum, Dornogobi province. Badrakh Energy LLC made procurement of the required equipment and handed it over to the hospital in April 2022. The improvement of the physical therapy room will help enroll patients under the supervision of the physician in the rehabilitative treatment, improve the result, impart further the practice of a healthy lifestyle and reduce the non-communicable diseases.

Pictures 7,8: Handing over the equipment required for the physical therapy at the inter-sum hospital in Zuunbayan bagh.

The company spent more than 135 million MNT since 2008 in order to improve the supply of materials and equipment and to continuously support the education of doctors and employees at the inter-soum hospital in Zuunbayan bagh.

 

 

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