The Memorandum of Understanding (MOU) was signed between the representatives of the BCM and the International Think Tank for LLDCs, Mr. Ts. TUMENTSOGT (the Chair of the BCM) and Mr. D. DULGUUN (the CEO of the International Think Tank for LLDCs) on 13 April 2022 at the BCM office.
The "Mongolian Economic Forum-2022" organized under the theme "New Revival Policy" was held on April 7-8. Within the framework of the forum, 12 sub-meetings on "New Revival Policy" were organized, and some of the presentations made during the conference can be found at the link below.
The Business Council of Mongolia delivers you its First Edition of the BCM Quarterly Report of 2022. The first edition covers all events organised by the BCM through the months of January - March. The fuller version of the articles can be found in the highlighted "details" part on the report.
On 23 February 2022, the BCM of Mongolia held a Knowledge Sharing Session on “New Energy Policy”. The presentation has been presented by Ms. Shannon Cowlin, the Principal Energy Specialist at ADB. She presented the new energy policy approved by the Asian Development Bank (ADB). The new policy aims to support the universal access to reliable and affordable energy services, while promoting the low-carbon transition in Asia and the Pacific.
The event has successfully been held with over 100 attendees both in-person and online. We would like to express our appreciation to Ms. Cowlin for the wonderful presentation. Special thanks to everyone who has showed their interest to our session. We look forward to seeing you on our next events.
The presentation will soon be uploaded on our website. Stay tuned with our updates on social media platforms: IG, FB, LinkedIn, Twitter. The PPT will also be shared via NewsWire on Friday.
The Mongolian Economic Forum hosted a series of six-preliminary discussions on March 21-30, 2022, under the framework of the New Revival Policy. We are present a series of presentations made during these discussions.
PPT; Energy projects Eng, Energy projects Mon
PPT; State Recovery - Legal Reform, Digital transformation, Public Private Partnership
PPT; Mineral resources development policy Eng , Mineral resources development policy Mon , Development policy of light and food industry eng , Development policy of light and food industry mon , Objectives and measures for implementation in food agriculture eng , Objectives and measures for implementation in food agriculture mon , Cultural and creative industry eng , Culture industry revival mong , Tourism
PPT; New zuunmod city development planning in khushig valley the eng , Revival of city and rural areas and the capital city of ulaanbaatar eng , UB recovery mong , Urban and rural dev mon
PPT; Aviation_Industry , Border_crossing_infrastructure , Border_recovery , боомт-чөлөөт-бүс
https://www.facebook.com/MEForum2022/videos/3052802685049274
https://www.facebook.com/MEForum2022/videos/756725518624879/
PPT; Green Finance Roadmap_mon , NDA_mon , National-sustainable-finance-roadmap-eng , Regional_collaboration_on_combating_desertification_and_climate_eng , Regional_collaboration_on_combating_desertification_and_climate_mon , ndc-commitments-its-financing-and-green-recovery-agenda-
PPT; Billion tree_mon , Billion-tree-national-campaign-eng , Blue horse project_mon , Blue-horse-project_eng , Green Development Recovery_EBRD , Green bond opportunities_Sonor , Green-capital-market-development-global-best-practices , Green_and-sdgbond-issuance-opportunitiesin-mongolia_eng , Utilizing-trust-fund-framework-for-green-financing-eng , Utilizing-trust-fund-framework-for-green-financing-mon
Business Council of Mongolia’s (BCM) Board of Directors and and Development Bank authorities met on March 25 and discussed possible future cooperation.
Board of Directors expressed their views on the possibility of further cooperation between the private sector and the Development Bank and discussed further cooperation with the Development Bank in the framework of the New Revival Policy and other projects and programs. In addition, it was agreed that the Development Bank should develop and improve its governance, strengthen its human resources, and should have sufficient financial resources to successfully implement major projects and programs.
In the near future, BCM plan to hold its Monthly Meeting in cooperation with the Development Bank and other relevant organizations on a wider range of topics. The meeting will also discuss and bring the views of experts and professionals on the challenges facing the Development Bank, and international experiences that overcome similar issues.
The first law of the Development Bank was approved in 2011 and amended in 2017.
2011 law of the Development Bank had two major functions. These include:
At the end of 2021, the Bank of Mongolia conducted an asset quality inspection of the Development Bank and officially concluded that more than 55 percent of loan assets were non-performing. In addition, most of the non-performing loans issued today were allocated between 2017 and 2021.
Монголын Бизнесийн Зөвлөл (МБЗ)-ийн Удирдах Зөвлөлийн гишүүд болон Хөгжлийн Банкны удирдлагууд хувийн хэвшлийг хэрхэн дэмжих мөн Шинэ сэргэлтийн бодлогын хүрээнд хэрхэн хамтран ажиллах болон бусад асуудлаар санал солилцсон уулзалтыг 3 дугаар сарын 25-ны өдөр зохион байгуулав.
Хувийн хэвшлийн байгууллагууд Хөгжлийн банктай цаашид хэрхэн хамтран ажиллах боломжийн талаар МБЗ-ийн Удирдах Зөвлөлийн гишүүдээс санал хүсэлтээ илэрхийлж, Шинэ сэргэлтийн бодлогын хүрээнд болон бусад төсөл хөтөлбөрийг хэрэгжүүлэхэд Хөгжлийн Банктай цаашид хэрхэн хамтарч ажиллах талаар ярилцав. Түүнчлэн, Хөгжлийн Банк нь цаашид Засаглалын хувьд төлөвших, Боловсон хүчнээ чадавхижуулах, томоохон төсөл хөтөлбөрийг амжилттай хэрэгжүүлэхэд санхүүгийн Хангалттай нөөцтэй байх ёстой зэрэг асуудлаар санал нэгдэв.
Мөн МБЗ-нь ойрын хугацаанд гишүүддээ зориулсан сар бүрийн уулзалтаа Хөгжлийн Банк, бусад холбогдох байгууллагуудтай хамтран илүү өргөн хүрээг хамарсан сэдвээр хийхээр төлөвлөв. Уг уулзалтын хүрээнд Хөгжлийн банкинд тулгараад буй асуудлын гарц, цаашдын үйл ажиллагааг хэрхэн зөв оновчтой авч явах, бусад улсад ижил төстэй байдлаас хэрхэн гарсан талаарх олон улсын туршлагын талаар мэргэжилтнүүдийн санал бодлыг мөн сонсох юм.
Хөгжлийн Банкны өнөөгийн нөхцөл байдал
Хөгжлийн банкны анхны хууль нь 2011 онд батлагдаж 2017 онд нэмэлт өөрчлөлт оруулсан.
Хөгжлийн Банкны 2011 оны хууль хоёр том чиг үүрэгтэй байсан. Үүнд:
2021 оны сүүлээр Монголбанкнаас Хөгжлийн банкинд активын чанарын шалгалт оруулсны үндсэн дээр 55 гаруй хувийн зээлийн актив чанаргүй болсон гэсэн албан ёсны дүгнэлт гаргасан. Түүнчлэн өнөөдөр үүсээд байгаа чанаргүй зээлийн ихэнхийг 2017-2021 оны хооронд олгосон байна.
The Business Council of Mongolia co-organized "The future and opportunities of energy-efficient private housing" discussion on 25 March 2022 at Shangri-La Hotel Ballroom in collaboration with with ТоС Холбоо / MSFA and Century 21 Mongolia, Century 21 Summit in the framework of House Expo Mongolia. The discussion was Chaired by the Board of Directors of the BCM, Mr. M. BOLDOO.
The expo has been organised in time of a higher demand for a more sustainable and environmentally friendlier housing system and real estate. The event aimed to work as the bridging tool between the real estate owners, investors, and buyers.
Networking event was held after the expo.
Here is the list of the moderator and panelists and their discussion point:
16:00 - 16:15 “The future and opportunities of energy-efficient private housing" – The head of the Urban Development and Land Affairs Department, B.GUNBOLD
16:15 - 16:30 “The future and opportunities of energy-efficient private housing project; outcomes and future partnerships” – Board of Director of the BCM, CEO of Mongolia Green Finance Corporation, M. BOLDOO
16:30 - 16:45 “The need for energy-efficient private housing” – CEO of Hybrid House LLC, Ts. BAT-ERDENE
16:45 - 17:35 Discussion: “The future and opportunities of energy-efficient private housing”
Moderator: M. BOLDOO, Board of Director the BCM, CEO of Mongolia Green Finance Corporation
Panelists:
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
Mahatma Gandhi St,
Orgil Stadium 49-4, Khan Uul District,
1st Khoroo, Ulaanbaatar, Mongolia, 17010
Email: [email protected]
Phone: +976 7511-7027