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Turning wind into profit

эрчим хүч(9)

Trans. by L.NANDINTSETSEG Mongolia is “a renewable energy paradise,” according to asia.nikkei.com. In fact, Mongolia has winds capable of producing 946 terawatts of energy per hour (one terawatt equals 10 trillion watts). However, 95 percent of all energy in Mongolia comes from coal. “By 2025, it is necessary to produce a minimum of 1,545 megawatts [...]

July 31st, 2014 | Posted in Opinion | Read More »

Racism from Barcelona to Ulaanbaatar


“There may be times when we are powerless to prevent injustice, but there must never be a time when we fail to protest.” – Elie Wiesel By Mishell Hernandez A video that went viral on June 29 shows a 25-year-old Mongolian as the victim of a racist attack in Barcelona, Spain, orchestrated by two Russian [...]

July 29th, 2014 | Posted in Opinion | Read More »

Is the smart government an extractive club?


We celebrated our national holiday, Naadam, for an exceptionally lengthy time this year. This is the first time ever that a law was passed to extend the public holiday from three days to five days. Also, the 90th anniversary celebrations of more than 120 soums took place this year, causing a massive Naadam wave to [...]

July 27th, 2014 | Posted in Opinion | Read More »

The other side of the coin

By B.Zulbayar It seems that everyone is now concerned that Mongolia’s economic growth is not going to be as robust as was expected for 2014, and the country’s future prospects look a bit grey. This is not just because of the great uncertainty about the Mongolian legal environment, which has persisted since 2012. It is [...]

July 27th, 2014 | Posted in Opinion | Read More »

Riverside construction is depleting UB’s fresh water reserve


Trans. by B.Erdenesuvd Each day, every eight seconds, a child somewhere in the world dies from drinking contaminated water. Today, 2.3 billion people out of seven billion people on earth live in water-stressed areas, according to U.N. estimates, and over one billion people are left using contaminated water for consumption. Every day, 400 million people [...]

July 24th, 2014 | Posted in Opinion | Read More »

On the road to the new Eldorado

The future of the country reads opencast, inside the gigantic Oyu Tolgoi Copper mines digging in the Gobi.

By Amelie ESCHENBRENNER The steppe that could be as rich as Dubai Mongolia sits on vast raw material resources; each resident is theoretically a millionaire. So why can we still see thousands of gers and small houses built hurriedly, clumped together on the slopes rising above the capital, where about 60 percent of the 1.2 [...]

July 24th, 2014 | Posted in Opinion | Read More »

Balanced overlap


The Concept of Mongolia’s Foreign Policy states, “Maintaining friendly relations with the Russian Federation and the People’s Republic of China shall be priority directions of Mongolia’s foreign policy activity… The second direction of Mongolia’s foreign policy activity shall be developing friendly relations with highly developed countries of the West and the East such as the [...]

July 20th, 2014 | Posted in Opinion | Read More »

Encouraging mining FDI in Mongolia

By Paulius Kuncinas Regional Editor, Oxford Business Group Changes to Mongolia’s mining legislation will open up vast new tracts of land for exploration and pave the way for new license issuances. This should help restore the confidence of foreign investors made wary by government intervention in the sector. On July 1, the Mongolian parliament voted to [...]

July 20th, 2014 | Posted in Opinion | Read More »

Youth: Today’s Best Investment


By Naomi Kitahara UNFPA representative As Mongolia celebrated Naadam on July 11th, the global community celebrated World Population Day, this year dedicated to the theme of “Investing in Youth.” Over 25 percent of the world’s population is between the ages of 15 and 25: the largest youth population in history. For Mongolia, nearly 50 percent [...]

July 18th, 2014 | Posted in Opinion | Read More »

Naadam: A history of pride


By Mathilde Michaud Before you arrive in Mongolia for the first time, you picture it as Western history books have described it: Chinggis Khan’s empire abundant with men on horses, living in gers and ready for conquest. But the real Ulaanbaatar will leave you surprised. The city has a completely different feel from popular imaginings. [...]

July 18th, 2014 | Posted in Opinion | Read More »

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