BCM Macro-Economic Updates: January 2020

BCM Macro-Economic Updates: January 2020

BCM Macro-Economic Updates: January 2020

BCM Knowledge Sharing Session 14 October 2022

BCM Knowledge Sharing Session 14 October 2022

KNOWLEDGE SHARING SESSION
ESG: A more rigorous approach to environmental, social and governance (ESG) issues is a hot-button topic for Boards of Directors, CEO’s and overall management team of organizations especially for those publicly traded companies and those planning an IPO. ESG is highly relevant because of the increasing weight institutional investors are giving to ESG issues and related metrics when making investment decisions. How a company addresses ESG is important to fiduciaries and shareholders who want their investments to reflect their values and who are taking a disciplined approach to ESG investing.
Mongolian regulators are placing increased interest in sustainability these days, therefore we are organizing a market awareness session in ESG.
• What is going on the European Market?
• What is going on globally?
• ESG related regulations globally
• ISSB - International Sustainability Standard Board
 
The agenda of the session and PPTs presented during the meeting can be found down below.  
 
The BCM Working Group meeting for Climate Change and Sustainable Finance was held on 27 April 2022

The BCM Working Group meeting for Climate Change and Sustainable Finance was held on 27 April 2022

The BCM Working Group meeting for Climate Change and Sustainable Finance was held on 27 April 2022. The aim was to introduce the objectives and functions of the Working Group on Climate Change and Sustainable Finance of the BCM and listen to members' views; and to discuss and comment on the Sustainable Development Financing Taxonomy policy document that is currently being developed by the ТоС Холбоо / MSFA
We would like to thank all attendees and special thanks to Mr. E. Orchlon, Climate Change and Sustainable Finance Working Group Chair, Vice-Chair of the BCM; Mr. M. BOLDOO, Member of the BoD of the BCM; and Ms. E. NOMINDARI, CEO, Mongolian Sustainable Finance Association (ТОС) respectively. We would like to express our deepest gratitude to Mr. Randolph KOPPA, Member of the BoD of the BCM, Executive Vice Chair, TDB for providing us with a space for the meeting at the Худалдаа хөгжлийн банк / Trade and Development Bank central office.
On 20 May 2022, the BCM held KSS + Business Tour at the Bank of Mongolia

On 20 May 2022, the BCM held KSS + Business Tour at the Bank of Mongolia

On 20 May 2022, the BCM held KSS + Business Tour at the Bank of Mongolia (MongolBank). The theme was on “World and Mongolian Economic Outlook and Investment” and was presented by Mr. D. GAN-OCHIR, Chief Economist and Advisor to the Governor at the Bank of Mongolia. The presentation was followed up with tour around the Museum of Bank of Mongolia. The BCM members had the opportunity to get toured around the halls with the State Treasure and Banknotes. We wholeheartedly would like to thank Mr. D. GAN-OCHIR for the wonderful presentation and tour around the museum. Thanks to all attendees who participated in the session!

 

Business Tour Steppe arena

Business Tour Steppe arena

 The Business Council of Mongolia held a Business Tour at the Steppe Arena on 19 March 2022. The tour was  personally presented by the founder of the Steppe Arena and the Steppe Link Holding LLC, Mr. Ts. MUNKHTUVSHIN, who is also a member of the BCM Board of Directors.

In 2022, the Steppe Arena was named as the Best Public Service Development in Asia by the International Property Award. They aim to be an exemplary provider of arts, sports, and community service for the convenience of its customers. The Steppe Arena is built  per  proposed standards from the International Olympic Committee. The arena proudly provides  the  opportunity to host both international and continental games.

For the tour, the Steppe Arena operated exclusively for BCM members and their family and friends. It included guided tour around the arena, including the complex construction process of the arena, current operation systems and  future plans. To ensure the comfort of the adults during the tour, the arena prepared a children's playroom equipped with special eco-friendly toys and instruments suitable for children of all ages.The presentation during the tour also included a 3D light show and figure skating performance by the young Mongolian figure skater Ms. Misheel Otgonbaatar.

The arena offers different kind of sports program for people of all ages and genders such as the early morning program (for the busy bees) and the senior citizen program. They also have training programs for young and older children in figure skating and ice hockey. Additionally, the arena can facilitate all kind of big and small events such as concerts, expos, tournaments, birthdays, wedding proposals and more.

The Steppe Arena has emphasised they welcome various partnering and investing opportunities and plans to expand their business further in the future. If you wish to contact the Steppe Arena for partnering, investing, events related purposes, contact Ms. Nomin Ariundbold, the Corporate Sales Manager of Steppe Link Holding LLC, at This email address is being protected from spambots. You need JavaScript enabled to view it. or at +976 7505 9911 | +976 9916 4641; O. Sugar This email address is being protected from spambots. You need JavaScript enabled to view it. +976 8601 1666

PDF: Steppe Arena PPT  

https://www.steppearena.mn/

 
On 20 May 2022, the BCM held KSS + Business Tour at the Bank of Mongolia

On 20 May 2022, the BCM held KSS + Business Tour at the Bank of Mongolia

On 20 May 2022, the BCM held KSS + Business Tour at the Bank of Mongolia (MongolBank). The theme was on “World and Mongolian Economic Outlook and Investment” and was presented by Mr. D. GAN-OCHIR, Chief Economist and Advisor to the Governor at the Bank of Mongolia. The presentation was followed up with tour around the Museum of Bank of Mongolia. The BCM members had the opportunity to get toured around the halls with the State Treasure and Banknotes. We wholeheartedly would like to thank Mr. D. GAN-OCHIR for the wonderful presentation and tour around the museum. Thanks to all attendees who participated in the session!

 

BCM PRESS RELEASE: THE BCM BOARD APPOINTS ITS MANAGING DIRECTOR AND SPECIAL ADVISOR

BCM PRESS RELEASE: THE BCM BOARD APPOINTS ITS MANAGING DIRECTOR AND SPECIAL ADVISOR

 
THE BCM BOARD APPOINTS ITS MANAGING DIRECTOR AND SPECIAL ADVISOR
 
ULAANBAATAR, Mongolia – The Business Council of Mongolia (BCM) held its Board of Directors Meeting on 25 February 2022 and approved following appointments:
  • Bayarsaikhan Javkhlan as the Managing Director of the BCM
  • Ayumi Konishi as the Special Advisor to the Board of Directors
Ms. Javkhlan has been working as the Director (Board Affairs, Working Groups, Memberships) of the BCM since December 2018. She is a business executive with over 10 years of extensive international working experience throughout her career in Mongolia, USA, Singapore, and Switzerland. Previous working experiences include the Business Executive at SingTel Telecommunications in Singapore, World Bank Mongolia, UNECE in Geneva, SouthGobi Resources in Mongolia, and State Great Hural (Parliament) of Mongolia. Ms. Javkhlan holds a Master’s degree in International Management from University of Applied Sciences and Arts Northwestern Switzerland (FHNW) in Basel, Switzerland and Bachelor’s degree in International Business Administration from Mongolia International University (MIU).

 
 
Mr. Konishi is a development finance executive with 4 decades of experience in emerging markets of Asia Pacific and Africa. He started his career with the United Nations in Baghdad, Iraq (Economic Commission for Western Asia), New York (Secretariat), and Addis Ababa, Ethiopia (Economic Commission for Africa). In 1988, he joined the Asian Development Bank (ADB) in Manila and served as Director General of several key departments (including the Mongolia and China department) and as Special Senior Advisor to the President of the ADB. He has been supporting Mongolia since its early years of ADB membership (since 1991). Mr. Konishi graduated from Waseda University (Japan) and Oregon State University (US) and has a postgraduate degree from New York University in Economics.
 
In addition, the Board of Directors have approved the operational plan and budget for the year 2022 and Working Groups (WG) structure as follows:
  • Industrialization, Infrastructure and Connectivity Working Group – Ts. Tumentsogt (Chair), B.Byambasaikhan (Vice Chair)
  • Mining and Energy Working Group – J.Lyons (Chair), R.Sawyer (Vice Chair), N.Young (Vice Chair)
  • Climate change & Sustainable Finance Working Group – E.Orchlon (Chair), M.Boldoo (Vice Chair), R.Koppa (Vice Chair)
  • Regulatory and Tax Working Group – B.Battushig (Chair), Kh.Amarjargal (Vice Chair)
  • Economic Freedom and Competitiveness Working Group – D.Jargalsaikhan (Chair), D.Hulan (Vice Chair), A.Torres (Vice Chair)
  • Digital Transformation Working Group – S.Enkh-Amgalan (Chair), Ts.Munkhtuvshin (Vice Chair)
 
The BCM also appointed Bayasgalan Naranzul as the Director (Policy). She has more than fifteen years of progressive experience in public institutions, the private sector, and CSOs in the areas of legislative and decision making, public policy analysis, trade and economic affairs, foreign policy, sustainable and green development. Ms. Naranzul holds an MA in Diplomacy, Law, and Business from the Jindal Global University in India (2017), an MA in Asia Pacific Policy Studies from the University of British Columbia in Canada (2010), and an MS and BA in Structural Engineering from the Mongolian University of Science and Technology (2000).


The BCM Board thanks Mr. Ulziiburen Unenburen for his service as the Managing Director of BCM since May 2020. Mr. Unenburen is pursuing full time engagement in his business ventures.
 
***

FOR IMMEDIATE RELEASE                      
Contact
:

Ms. D.Misheel (Creative Communication Manager)
The Business Council of Mongolia
Phone: 976-11-75112720
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
 
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