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Newsletter - 05 April 2024
 
EuroChamber update
Membership
Membership
We are pleased to announce that Capitron Bank has extended its membership at EuroChamber Mongolia as Corporate Plus member.
The Bank has been successfully operating for 23 consecutive years in the banking and financial service market of Mongolia with its team of highly motivated and skilled employees led by a management team with extensive professional experience. The Bank is proud to have formed an image of an effective commercial bank on the market, based on its strategy to introduce modern information technology to banking services.
EuroChamber Mongolia is pleased to inform that LendMN has extended its membership as Corporate Plus.
LendMN is an unsecured, low-cost consumer electronic loan service provider that is successfully introducing the Fintech business model, which combines technological advancements with financial services for the first time in the Mongolian market, through the LendMN application.
We are looking forward to our continued mutually beneficial cooperation.
 
EuroChamber's Sustainability & Energy WG meeting #8
EuroChamber's Sustainability & Energy WG meeting #8
EuroChamber "Sustainability and Energy" working group is proud to present our next speaker at "ESG & Energy Leader" series!
Mr. Bold Magvan , CEO of Mongolia Green Finance Corporation (MGFC), has graciously accepted my invitation to be the next speaker at our "ESG & Energy" Leader Series, hosted by EuroChamber Mongolia's "Sustainability & Energy" working group!

MGFC is a a wholesale lending institution to fund green loans in Mongolia. His dedication to promoting sustainable finance and green initiatives makes him a highly valued voice in our community. As the CEO of MGFCI, his insights into Mongolia's sustainable finance landscape are invaluable, and we believe it will greatly enrich our discussions and provide valuable guidance to our working group members.
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20th Vienna Ball event
20th Vienna Ball event
Dear Subscriber,

The Hononary Consulate of Austria in Mongolia is inviting you to the 20th "Vienna Ball" event on April 27, 2024 at 5:10 p.m. at the Shangri-La Hotel.

To celebrate the historic 60th anniversary of the establishment of diplomatic relations between Mongolia and Austria, the President of the Vienna Parliament of Austria, Austrian Ambassador, honorary professors and entrepreneurs from Austria, as well as all fields' distinguished Mongolian guests will attend to this luxurious event.

In the framework of social responsibility, organizers of the "Vienna Ball" implement a variety of projects to contribute to health, education, social targeted groups and personal development of children and youth.

This year, a significant share of the ticket revenue goes to the Conservatory of Mongolia, to reform the stage costumes for children who will become the future of Mongolian art & culture. It will be a valuable contribution to the reconstruction and other fundraising events.

Dress code:
Men: Black tuxedo or suits, white formal shirt and black bow tie.
Women: Long dress (beneath the floor length dress in color other than white)

Pricing:
Premium 790.000 /per seat/
Classic 750.000 /per seat/

5% discount on your direct payment to below account. /Available until the 15th April/

Bank: Trade Development Bank
Account: 404 30 30 70
Account holder: Honorary Consulate of Austria
Transaction value: Table number, number of seats, name, phone
/Note: Visit to ticket.mn, to see the table and seat numbers before your transaction/

For more information:
9901-8918

Sincerely yours,
Honorary Consulate of Austria
Mrs. Maria-Theresia Takacs
Austrian Alumni in Mongolia
Erel Group
Eurochamber Mongolia
Austrian-Mongolian Friendship Society
MonJa Accelerator Program Launches Its 4th Cohort Application
MonJa Accelerator Program Launches Its 4th Cohort Application
MonJa Accelerator Program announced the opening of applications for its 4th cohort, starting April 1st.

The MonJa accelerator program is dedicated to fostering the growth of the Mongolian startup ecosystem and offers a comprehensive range of technical support to participating startups, including tailored mentoring support, global community and strategic partnerships. Over the course of the three-month program, entrepreneurs will receive invaluable guidance and resources to scale their businesses. For application details and more information about the MonJa Accelerator Program, please visit https://jica-monja.com/apply/.
Shoppy studio - Content production agency
Shoppy studio - Content production agency
Shoppy studio is a content production agency of Intelmind LLC., a Corporate Plus member of Eurochamber Mongolia.

Shoppy studio is not just typical content production agency – they can be a strategic partner in creating captivating marketing content that does not just drive business but propels your brand to stardom.

They are here to be your trusted collaborator, working closely with you to ensure that every piece of content they produce yields the maximum return on investment (ROI) possible. From conceptualization to execution, they are dedicated to immersing themselves in your brand identity, objectives, and target audience to deliver tailored content that resonates powerfully.

Let's join forces to make your marketing endeavors not just successful, but truly unforgettable.
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Mongolia update
President Khurelsukh to Launch Light Industry's "White Gold" National Campaign
President Khurelsukh to Launch Light Industry's
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Decisions Made at the Cabinet Session
Decisions Made at the Cabinet Session
  • Roads with Tunnels Connecting Khurkhree Valley and Nomt Valley in Bogd Khan Mountains to be Constructed
  • Proposals to New Administrative Structure for the Capital Presented
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Light Industry of Mongolia Marks 90th Anniversary of its Development
Light Industry of Mongolia Marks 90th Anniversary of its Development
This year marks the 90th anniversary of the development of the light industry in Mongolia. The anniversary meeting was held today at the "Corporate Convention" center.

The President of Mongolia, U. Khurelsukh attended the meeting and delivered a congratulatory speech. “Epidemics, wars, hindrances in transport logistics, unemployment, poverty, hunger, shortage of goods, and price increases occurred in the world in recent years remind us that every country should pay special attention to its industrial sector. We all feel it. That is why the President of Mongolia initiated the "Food Revolution" national campaign throughout the country to improve the food security and supply of the population and develop the light industry sector. It is important to implement a comprehensive, integrated, and mutually supportive policy for the rapid development of the light industry sector,” highlighted President Khurelsukh.
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Ulaanbaatar Cable Car Project Breaks Ground
Ulaanbaatar Cable Car Project Breaks Ground
On April 4, 2024, the Groundbreaking Ceremony for the Cable Car Transport Project, funded by a soft loan from the French Government to alleviate traffic congestion in Ulaanbaatar City, was held at the Artsat Valley in Yarmag, Ulaanbaatar.
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