BCM 10th Anniversary Special Edition

2018 www.bcmongolia.org
10th
Anniversary
SPECIAL
EDITION
THE BUSINESS COUNCIL
OF MONGOLIA

C o n t e n tThe Business Council of Mongolia
Who We Are
9
Organizational Chart
Our Strategy: Purpose, Values, Vision
Our Board
Our Management team
Our Working Groups Journey
Our Members
Our 10 Year Journey: BCM by Numbers
What We Do
29
Advocacy+Working Groups (WGs)
Members’ Meeting/Networking
Knowledge Sharing
NewsWire
Promotion
Why Join BCM
47
Traditional Benefits
BCM NEW “Affinity” Program for Our Members
How To Join BCM
51

The Business Council of Mongolia is focused on making
positive contributions to the legal and operating
environment for the business sector in Mongolia. We are
driven by a recognition that an enabled and motivated
business sector will make the largest contribution to
the growth of the Mongolian economy and enable the
government to provide an improving level of services to
all in Mongolia.
For ten years we have grown our membership, and
at the same time grown the services that we offer to
our members. Continually improving in a value adding
manner is critical to BCM’s success and the success of
our members.
More than 60% of BCM’s membership are organizations
that are majority Mongolian owned. At the same time
we are the only business chamber in Mongolia with a
highly diverse international membership. This covers
global companies to embassies, IFI’s, NGO’s and
international organizations. We are a non-exclusive
group of common interests.
For ten years we have built BCM from humble origins.
During that time we have seen the economy go through
peaks and troughs, and we have witnessed key points
where wrong paths have been taken on critical policy
matters. We have continued to grow during turbulent
times.
BCM has not been afraid to raise the difficult issues
with those in power - and through economic times
that have been good and poor. This is our raison d’etre.
We formulate positions on what is good for business
(existing and potential), and the enablers of a fully
functional economy - and we then advocate to influence
outcomes in a positive way.
BCM wants to be the best it can be for its membership
to add value in ways the other chambers cannot.
However we also realize the importance of collaboration,
especially when it comes to matters of national policy
and advocacy. We are now working closely with
other chambers on key matters, and this improves
our collective ability to get better outcomes on critical
matters of strategy, law and administration.
Our working groups and secretariat are a critical
component of keeping BCM focused, engaged,
informed and networked. Improving the support and
working conditions for these groups is critical to them
being able to focus on the key issues.
We realize that business is serious, and that making
profit is essential to long term prosperity. We also know
that business has a critical role in shaping society. The
opportunity for our members to network with all of
the organizations that contribute to our rich national
tapestry is important to build understanding and
tolerance.
We hope you enjoy reading this 10th anniversary Special
Edition brochure and look forward to your contributions
to making BCM the best it can be for its members.
BCM’s Executive Committee,
Board of Directors and Secretariat
G r e e t i n g s

BEIJING
BRUSSELS
CHICAGO
LONDON
LOS ANGELES
NEW YORK
PHOENIX
SAN FRANCISCO
WASHINGTON
www.steptoe.com
ATTORNEY ADVERTISING
International Arbitration
World Bank and International Financial Institution Representations
Investor-State Arbitration
Compliance Program Development
Government and Internal Investigations
Blockchain and Cyber
Helping Investors in Asia Manage and Mitigate Risk

Organizational Chart
10
BCM Strategy: Purpose, Values, Vision
11
Our Board
12
Our Management team
18
Our Working Group Journey
20
Our Members
21
Our 10 Year Journey: BCM by Numbers
24
Who
We
Are

Director of
Membership
Director of
Operations
Director of
Policy & Advocacy
Project
Manager
Communication
& Marketing
Officer
Legislative
Tax
Invest Mongolia
Business Ethics
Energy & Environment
Education & Innovation
Trade & Logistics
Risk
WORKING GROUPS
Events
Manager
Office
Manager
Editor-in-Chief
Translator
Finance
Manager
Chairman
& Vice Chairman
Executive
Committee
Board Of
Directors
WHO We Are:
Since 2007
B C M O r g a n i z a t i o n a l C h a r t
PARTNERSHIP
International Financial
Institutions (IFIs)
Government
Embassies
Media
Other Business
Associations
MEMBERSHIP
International Domestic
1 0

P u r p o s e , V a l u e s , V i s i o n
Core
Purpose
• We engage government,
business, and thought leaders
in promoting & advocating for
a fair, stable, and transparent
business environment
• We facilitate effective
networking to allow members
to make meaningful business
connections
• We promote and facilitate
sharing of best business practices
& knowledge
• We disseminate relevant &
timely information to members
Core
Values
• We act with integrity; we are
ethical & transparent in all our
actions
• We are professional in
our manners & actions,
demonstrating critical
thinking, insight, judgment,
responsiveness, diligence, &
excellence
• We drive results; we are visible,
engaging, diplomatic, flexible, &
persistent in all our efforts
• We believe in inclusive growth;
we work to benefit Mongolia
and all its people first &
foremost in all our actions
Core
Competencies
• Effective advocacy &
cooperation at all levels in
government and with other key
stakeholders
• Capacity, expertise, &
international best practices
• Ethics, transparency, &
governance with consideration
of broader business environment
before any self-interest
B C M S t r a t e g y
1 1

BYAMBASAIKHAN BAYANJARGAL
Chairman
Byambasaikhan is the Managing partner of NovaTerra
LLC, an investment and project management firm
established in 2013. In 2015-2016, he was the
CEO of Erdenes Mongol, Mongolia’s sovereign
wealth management company. In 2015, he was the
government’s chief negotiator who resolved the five-
year dispute between the Government of Mongolia and
Rio Tinto, which led to a $5.4 bln project finance deal
with OyuTolgoi’s underground mine construction.
Byambasaikhan was the CEO of Newcom Group,
where he managed and built the first wind farm/IPP
in Mongolia ($120mln). He was an energy banker at
the Asian Development Bank for 7 years, where he
financed energy transactions in Central Asia. In 2014 he
was recognized as a Young Global Leader by the World
Economic Forum in 2014.
BAYAR BUDRAGCHAA
Bayar Budragchaa has been serving for 18 years as the
Managing Partner of ELC Advocates LLP, a local
full service law firm advising foreign and Mongolian
investors operating in mining, construction, energy,
banking and financial services, hospitality, and trading
sectors.
ELC Advocates LLP has been named the best law firm in
the jurisdiction by Chambers, Legal 500 in previous years
and by the Mongolian Bar Association in 2017. Bayar has
Bachelor of Law degree (1985) from the University of
St. Petersburg of the Ministry of Interior Affairs, Russian
Federation and Master of Laws degree (1997) from the
School of Law, University of Auckland, New Zealand. He
is a member of the Mongolian Bar Association.
RANDOLPH S.KOPPA
Vice Chairman
Randolph Koppa serves as the Executive Vice Chairman
of Trade Development Bank and the President of
TDB Capital LLC. Mongolia represents Randolph’s
twelfth country in his 50-year international banking
career. He came to Mongolia in 2004 as part of the
management and technical assistance program provided
to TDB by ING Bank.
He served as Chairman of the Mongolian Mortgage
Corporation (MIK). Randolph received the Polar Star
Award from President Elbegdorj in recognition of
his contribution to the development the banking and
finance sector in Mongolia.
CAMERON MCRAE
Cameron is the Executive Director of Tarva
Investment and Advisory LLC, which provides high-
level advisory services to private sector and government
clients. Cameron has a strong commercial and M&A
background. He has led complex negotiations, business
transformation and improvement projects, sectoral and
country strategies and global IS&T projects.
Cameron served a 28-year career with Rio Tinto and in
Mongolia was CEO-President of Oyu Tolgoi LLC (OT) and
Rio Tinto’s country director – leading the establishment
of the business through a US$6B construction program
to full production. He was CEO of Richards Bay
Minerals in South Africa, Managing Director of Murowa
Diamonds in Zimbabwe and Project Director for the Hail
Creek Coking Coal Expansion project in Australia.
G O V E R N I N G B O D Y : E x e c u t i v e C o m m i t t e e
WHO We Are:
1 2

BOLD MAGVAN
Bold Magvan serves as Chief Executive Officer of
XacBank and as the CEO of Tenger Financial Group.
Bold is a senior banking professional with 30 years
of expertise in public and private global financial
institutions, including the World Bank, the IMF, and
several private banks in Mongolia. From 1996 to 2000,
Bold was the Deputy Governor of the Bank of Mongolia.
In his prior professional career, Bold served as CEO of
the Mongolian Export-Import Bank, member of the
boards of the International Investment Bank and the
International Bank for Economic Cooperation in the
Russian Federation. Bold joined XacBank in 2005 as its
President.
Bold is a graduate in international economics from the
Budapest University of Economics, Hungary. He holds
a Master’s Degree in International Affairs with a major
in economic policy management from the Columbia
University, New York.
DUGAR JARGALSAIKHAN
Dugar Jargalsaikhan is the Chairman of Gund
Investment LLC and the Chief Executive Officer of
TUS Solution LLC. Gund Investment LLC is engaged
in organization healthcare solutions service, mining,
real estate management and financial services; and
domestication of disruptive technology businesses. TUS
Solution LLC offers tailorable unified system solution
that allows creating real time synchronized data for
business management and digital transformation.
Before entering the private sector in 2005, Jargalsaikhan
held senior leadership positions in the Mineral Resource
Authority, the Ministry of Heavy Industry, and the
Ministry of Trade and Industry.
He is a Honorary Professor of MUST, Chairman of
Young Researchers Support Foundation, Member of Asia
Business Council; and President of Society of Mineral
Economics and Management of Mongolia.
KHULAN DASHDAVAA
Khulan is the Executive Vice President of Tavan
Bogd Group of Companies, which she co-founded
with her husband, Ts.Baatarsaikhan. Formerly she
was Vice President, Trade and Development Bank,
and Sales Manager of the representative company of
Gobi Cashmere in Tokyo, Japan. Tavan Bogd Group is
a diversified enterprise with interests in manufacturing;
trade & services; consumer goods; travel & tourism.
Most recently Tavan Bogd became a sales agent of
Toyota Corporation and a franchisee of KFC and Pizza
Hut brands in Mongolia.
Khulan obtained her Bachelor’s degree in International
Economics at Moscow Finance University and an MBA
at Mongolian National University. Currently Khulan is
also member of the Board of Directors of Khan Bank
and Gobi Corporation, where Tavan Bogd Group has
shareholding stakes. She serves as Honorary Consul of
Luxembourg to Mongolia.
TUMENTSOGT TSEVEGMID
Tumentsogt is the Executive Director of Erdenes
Mongol. He was Executive Director of General Electric
International Operations Mongolia LLC between 2011-
2016. His responsibilities included representing, promoting
and protecting GE’s interests, carrying out business
liaison, conducting market research and study, exploring
and developing business opportunities in Mongolia.
Tumentsogt worked at the World Bank from 2007 to
2011 and managed projects in energy, renewables, urban,
water supply, and air pollution and contributed to several
analytical studies. Tumentsogt held various positions
at the Government of Mongolia, including Advisor to
Minister of Fuel and Energy of Mongolia, Ministry of
Infrastructure of Mongolia and State Property Committee.
Tumentsogt holds a Master’s in Electrical Engineering
from Moscow Power Engineering Institute (Russia, 1993),
and a Master’s in Public Affairs from Indiana University
(USA, 2001).
1 3

ACHIT-ERDENE DARAMBAZAR
Achit-Erdene is the Founder of Mongolia International
Capital Corporation (MICC), the first investment
advisory, underwriting, and brokerage firm in Mongolia.
He has over a decade of experience in bridging the
investment needs of local corporations with foreign
financial institutions, development banks, and private
investors.
Achit-Erdene serves as General Director of Dornod Shim
Agro (DSA), one of the largest domestic regenerative
farming operations. He is a board member of the
Mongolian Association of Securities Dealers and Terra
Express LLC and the President of the Mongolian Rugby
Football Union.
He holds a master’s degree in International Relations
from Columbia University and a bachelor’s degree from
Middlebury. Achit-Erdene is fluent in English and Russian
and proficient in Japanese and Korean.
AMARZUL TUUL
Amarzul is the Executive Director & Board member of
Petro Matad Limited. Petro Matad Limited is the parent
company of a group focused on petroleum exploration as
well as future development and production in Mongolia.
The Group’s assets consist of Production Sharing
Contracts over three blocks. It was the first substantially
Mongolian owned company to list on an international
stock exchange.
Educated in Singapore Amarzul worked in the Mongolian
Government’s Foreign Investment and Foreign Trade
Agency (FIFTA). She then joined the resources sector in
Mongolia, holding senior management positions in private
sector resource companies.
G O V E R N I N G B O D Y : B o a r d o f D i r e c t o r s
ARIUNAA TSENGEMAA
Ariunaa is the the Chair of the Board of The British
School of Ulaanbaatar. She takes pride in being able
to invest in the young people of Mongolia and the
education sector.
Ariunaa had founded the American School of Ulaanbaatar
in 2006 and the British School of Ulaanbaatar in 2012
which offers the internationally recognised British
National Curriculum in Mongolia. The British School of
Ulaanbaatar is twice accredited member of the Council
of British International Schools (COBIS).
She has Masters degree in HR and Business Administration.
She speaks Russian, English and Japanese.
ARMANDO TORRES
Armando Torres was appointed as the Chief Executive
Officer of Oyu Tolgoi in May 2017. Since 2016 Armando
has been a member of the Oyu Tolgoi Board and served
as a Rio Tinto Managing Director of Oyu Tolgoi between
September 2016 and May 2017.
Armando started his career in 1990 as a process engineer
and was subsequently promoted to management positions
at Alcoa in Latin America, Europe, and Western Australia.
In 2011, he moved to Rio Tinto, as the Chief Operations
Officer of Bauxite Alumina, responsible for the Global
operations, Australia and Canada.
In March 2016, he was appointed as head of operations
and Transformation Leader of the Alumina Segment in
Rio Tinto Aluminium.
WHO We Are:
1 4

BOLD BAATAR
Bold was appointed as Rio Tinto’s Chief Executive of
Energy & Minerals in November 2016. He was previously
a member of the Rio Tinto Iron Ore Executive Committee,
as Managing Director, Iron Ore Sales and Marketing
and head of Rio Tinto’s Marine business. Bold joined Rio
Tinto in May 2013 as President of Copper International
Operations. Prior to joining the Group, he held executive
positions with a diversified investment management
business and a local gold mining company in Mongolia.
Until 2009, Bold spent 11 years as an investment banker
with JP Morgan in New York and London.
He was the Chairman of the Mongolian Stock Exchange
from 2010 to 2012, Chairman of the Mongolian Mining
Association from 2012 to 2014 and served as a Non-
executive director on the Board of Southgobi Resources
Ltd from 2013 to 2014.
DANIEL MAHONEY
Daniel is the Partner in the law firm of MahoneyLiotta.
He has worked and resided in Mongolia since 1997.
Mahoney Liotta advises and assists clients in structuring
business transactions and relationships and in accessing
the capital markets to obtain financing for ventures and
projects in Mongolia.
Daniel received his Bachelor of Science in Management
degree, with high honors, from Tulane University of
Louisiana, and his Juris Doctor degree, with high honors,
from George Washington University in Washington DC.
ENKH-AMGALAN SENGEE
Enkh-Amgalan Sengee is the Chief Executive Officer
of Petrovis Oil LLC, fuel import and distribution holding
company. He held executive positions in mining and
energy sectors as Advisor to the Mining Minister of
Mongolia, President and CEO of SouthGobi Resources
(listed at Toronto and HKEX), Vice President of Mongolian
Mining Corporation (listed at HKEX) and various senior
management positions with MCS Group.
He led the successful completion of the first Mongolian
commercial-scale windfarm “Salkhit” as the CEO of Clean
Energy LLC.
He was the Founding President of Ambassadors for
Development, US State Alumni Association.
BENOIT RIBESSE
Benoit Ribesse is the Chief Executive Officer of ENGIE
Mongolia, overseeing business development activities,
asset management and is Board Director of Sainshand
Salkin Wind Park LLC. Benoit Ribesse has 24 years of
managerial and technical experience in power generation,
energy services and water treatment processes. Before
moving to Mongolia, Benoit worked as Vice President
of Operations in charge of technical and operational
aspects of business development activities and relations
with suppliers at ENGIE APAC, Thailand. From 2008 to
2011, Benoit acted as Vice President of Operations at the
HQ of ENGIE’s branch for Energy International, providing
support to Business Development Oversight processes and
projects developed in the Middle East and Asia. Benoit
managed energy and environmental projects for over 14
before joining the GDF SUEZ Group.
He holds a Master’s degree in Chemical Engineering from
the Universite Libre du Bruxelles.
1 5

JON M. L.LYONS
Jon is the VP Regulatory Affairs and Strategy of
Erdene Resources Development Corp. He manages
the various government approval processes required to
advance the company’s mineral exploration and mining
projects through permitting and compliance. He also leads
the Environment and Community areas of the business.
Most recently, Jon was with the inter-governmental
Global Green Growth Institute as Country Representative
to Mongolia, where he led advisory services on policy
formulation and investment planning in renewable
energy, energy efficiency, water management, and urban
planning.
Jon holds a MBA from Maastricht University and B.A. in
physics and anthropology from Wheaton College and is
fluent in Mongolian and Russian.
LAURENZ MELCHERS
Laurenz Melchers is the Co-Founder and Chairman of
MSM Group. MSM is a Trade and Service company and
known for its quality of services and products.
Laurenz was the Chairman of BCM from 2010 to 2012.
Laurenz also acts as Mongolia country representative
for the Hamburg based German-Asia-Pacific Business
Association (OAV).
He holds a BSc from University of Massachusetts.
GANZORIG ULZIIBAYAR
Ganzorig is the President of Golomt Bank and he also
continues to work as a Chairman of the Mandal
Daatgal LLC. Mandal Daatgal is the largest insurer in
Mongolia in terms of equity and the 3rd largest insurance
company in terms of assets.
He has previously been a senior banker and advisor
to large banks in Mongolia. He holds an ACI Dealing
certificate. Ganzorig was an independent Director of the
Mongolian Stock Exchange.
Ganzorig has a postgraduate degree in Financial
management from Maastricht School of Business in
Netherlands, and BBA in accounting from ICB in Mongolia.
JOHN BELL
John Bell is the Chief Executive Officer of Khan
Bank. He joined Khan Bank with more than 22 years of
international banking experience, principally in consumer
banking managing distribution channels, marketing,
products and service operations.
Prior to joining Khan Bank, Mr. Bell held senior positions
at Citibank, ABN AMRO and RBS across European
emerging markets and USA. He has served as Head
of Citigold Wealth Management at Citibank (Poland),
as well as Head of Retail Banking for the Royal Bank
of Scotland in Romania. In addition, Mr. Bell directed
business transformation projects for RBS in Romania and
India.
Mr. Bell earned his bachelor degree from Loyola university
in Baltimore, Maryland.
G O V E R N I N G B O D Y : B o a r d o f D i r e c t o r s
WHO We Are:
1 6

MUNKHNASAN NARMANDAKH
Munkhnasan is the Chief Executive Officer of
Monpolymet Group. She oversees the Group’s various
business activities in mining, mineral exploration,
rehabilitation, construction and production of building
materials with over 1,000 employees while.
Monpolymet is focused on delivering the Group’s
business visions through improvements in governance,
environmental responsibility, standardization, and
business performance. Munkhnasan implemented
the company’s MonCement project and successfully
commissioned Mongolia’s first technologically advanced
and environmentally friendly cement plant that substitutes
imports.
She received cum laude diplomas with double majors in
undergrad and graduate studies from George Washington
University and the University of San Francisco in Finance
and Economics.
STEVE POTTER
Steve is the Chief Executive Officer of Taskonir
Trading LLC and serves as the Chairman of AmCham
Mongolia. He has broad expertise in business systems
and processes, and a very strong background in the
mining industry, including mining equipment rentals,
aftermarket support, and finance.
He has 40 years of Caterpillar and Caterpillar Dealer
management experience in 10 countries and 15 years of
competency in organizational and general management.
Steve worked for PT TrakindoUtama LLC in Indonesia
as a General Manager and has extensive experience in
providing advisory services, now working for the SME
Advisory Services division of the European Bank for
Reconstruction and Development.
Steve holds an MBA from the Scottish Business School of
the University of Edinburgh and a BA in economics from
the University of Keele in England.
MUNKHTUSHIG DUL
Munkhtushig was appointed as the Rio Tinto’s Country
Director in Mongolia in January 2018. Previously, he
directed NAR LLC, a Mongolian entity for Noble Group,
a Hong Kong-based and Singapore-listed international
trading company.
Munkhtushig was also an integral part of the Mongolian
Stock Exchange management team that oversaw
implementation of the strategic cooperation with the
London Stock Exchange in 2010-2012. He has extensive
experience in Mongolian civil service and was a non-staff
advisor to the Prime Minister of Mongolia in 2012.
He holds a Bachelor of Arts degree from National
University of Mongolia and Masters of Business
Administration from George Washington University.
1 7

Amarjargalan started working at BCM from February
2018. She is in charge of day-to-day administrative
affairs of BCM, managing office affairs to ensure
smooth operations.
Prior to BCM, Amarjargalan worked at the Governor’s
Office of Bayanzurkh district as a Specialist in charge of
Foreign relations and External communications.
Amarjargalan holds Bachelor of International
Management in Business Administration from Mongolia
International University. She also studied at Kansas
Women Leadership Institute 2014 through Study of the
U.S Institutes program coordinated by the U.S Embassy.
P.CHIMEDNYAM
Director of Operation
VACANT
Communication & Marketing
Officer
01.04.2018
G. AMARJARGALAN
Office manager
Chimednaym P. serves BCM as Director of Operations and
he is responsible to support key activities, execute short
term projects to improve efficiency of operation, and in
managing strategic partnerships.
He joined BCM Secretariat as a Director of Policy and
Advocacy on 6 February 2017.
Chimednyam holds Bachelor of Science Degree in
Business Administration and Marketing from Dickinson
State University, ND, USA. Also, he completed Senior
Managerial Training Program of trAIDe and RWTH
International Academy, Aachen, Federal Republic of
Germany.
S E C R E T A R I A T: M a n a g e m e n t Te a m
CH.BALJINNYAM
Director of Membership
Baljaa serves BCM as a Director of Membership and
responsible in BCM’s membership activities that typically
ranges from 200-260 of the leading businesses from
Mongolia as well as Asia, North America, Europe and
Australia.. She was awarded with BCM’s “Employee of
the Year” in 2017 in recognition and appreciation of the
contribution made. She joined BCM in October 2016 as a
Working Group Coordinator and organized BCM in the
University Classroom Series.
She worked in the USA for over 6 years including 2 years
at Rio Tinto’s Kennecott Utah Copper in Salt Lake City,
Utah and 4 years at the International Food Policy Research
Institute (IFPRI) in Washington, DC. Baljaa is a Founder
and Director of the Young Mongolian Professionals
Association (YMPA) and Bfit Mongolia, a holistic health
& wellness program.
Baljaa completed her MBA and BA degrees in International
Studies and Business Administration from Lindenwood
University in Missouri, USA.
WHO We Are:
1 8

Tuvshin “Tuvi” Orlokh manages BCM’s weekly NewsWire
as his main duty as Editor-in-Chief, and occasionally
conducts interviews with BCM members.
He earned a Bachelor’s degree in economics from
Syracuse University in 2012.
Buyanbat has been involved with BCM since 2017, leading
the organization of BCM’s Second Annual Summit
at Ikh Tenger complex. He is responsible to organize
and coordinate special projects that involve multiple
stakeholders.
Previously, Buyanbat worked as an investment analyst
at Erdenes Mongol, the largest state-owned investment
holding company that comprises key strategic mining
deposits in Mongolia. He is also an International Umpire
accredited by the International Table Tennis Federation.
Buyanbat holds Bachelor’s degree in Business
Administration from National University of Mongolia.
VACANT
Director of Policy and
Advocacy
01.04.2018
Orkhon joined BCM as an Event Manager in February
2018. She manages BCM’s Monthly Meetings, Knowledge
Sharing Sessions, Business Tours, and Special joint events.
She holds her Bachelor’s degree of Financial Management
& Bank from the University of the Humanities in Mongolia
and MBA from the Nanhua University in Taiwan.
D. ORKHON
Events Manager
O.TUVSHIN
Editor-in-Chief
B.BUYANBAT
Project manager
Uyanga manages all areas of financial and accounting
operations of BCM. Her role includes providing
financial analysis for senior management, preparing
financial statements and special reports and ensuring
compliance with business regulations, tax laws, insurance
requirements, etc.
Prior to BCM, she has been serving as a Chief Accountant
at NovaTerra LLC, an investment, project management
and advisory firm providing capital and business assistance
to international and domestic companies in Mongolia.
From 2012 to 2014, she was an Associate Consultant at
Deloitte Onch LLC.
She is experienced Chief Accountant and candidate of
CPA /Certified Public Accountant/ and skilled in Financial
Reporting, Tax, IFRS /International Financial Reporting
Standards/, and ERP Implementation.
Uyanga holds Bachelor degree in Business Administration
/ Management and Operations from Tohoku University,
Japan.
D.UYANGA
Finance Manager
1 9

WHO We Are:
Year Working Groups Chairs
2003 Tax
Working Group
Ch.Tsendmaa,
PwC
O u r Wo r k i n g G r o u p s J o u r n e y
Legislative
Working Group
Education &
Innovation
Working Group
Energy &
Environment
Working Group
Risk
Working Group
Trade &
Logistics
Working Group
Business Ethics
Working Group
Invest Mongolia
Working Group
(Capital Markets in 2009)
O.Otgontogtokh,
Centerra Gold
R.Khishignemekh,
EY
Sebastian Rosholt,
Minter Ellison
B.Solongoo,
Avinex LLP
O.Nominchimeg,
Avinex LLP
G.Enkhbolor,
World Bank
Jon Lyons,
Erdene Resource Development Corp
B.Zaya,
Tenger Insurance
D.Enkhtuvshin,
Landbridge
Richard Wagner,
Steptoe & Johnson LLP
David Rohanna,
APIAG
A.Bilguun,
MIBG
2007
2009
2010
2012
2014
2015
2017
2 0

BCM is the most international and active business association in
Mongolia.
It now represents over 250 businesses from Mongolia as well as Asia,
North America, Europe and Australia, and seeks to be a bridge for
domestic and international investment. It serves local market leaders,
innovative start-ups, embassies, international financial institutions and
other international non-governmental organizations.
O u r M e m b e r s
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
35
111
129
162
194
250
268 269
241 246
226
262BCM Membership Growth
Domestic
International
Membership Category: Domestic vs International
Small
Large
Medium
NGO
Trade/Other
Embassy
IFIs &IOs
Government
Media/News
12
8
72 18
26
10 2
BCM REPRESENTS COMPANIES WITH AN INTERNATIONAL PERSPECTIVE
Domestic International
2 1

WHO We Are:
ABB Group
Allens Linklaters
American University of
Mongolia
Anderson & Anderson
APIAG Mongolia
Areva Mongolia
Aspire Mining
Bank of Tokyo Mitsubishi
UB Rep office
Birches Group
Boroo Gold
Bridgens LLC
COTES Engineering
Engie Mongolia
Ernst & Young
Falcon Drilling
Global Welding Mongolia
Golden Horde Ltd
Gunvor
Hogan Lovells
Hui Gong Mechanical
Equipments LLC
IGES
ING Bank
International SOS
Jacobs
Kincora Copper
KPMG
KURVERS
LehmanLaw Mongolia
Lewis Marks
Major Drilling
Melville Erdenedalai
(M&E) LLP
Minter Ellison
Mitsubishi Corporation
Mitsui & Co.
Monadelphous
Montgemery Fitch +
Associates
Noble Group/NAR
Ocean Partners
Orano
Orica Mongolia
ORP Institute
Oxford Business Group
Porsche Ulaanbaatar
(Enerel International)
PwC
Rio Tinto
Roger Perry (Individual)
RungePincockMinarco
Sandvik Mongolia
Santa Fe Relocation
Services
Schneider Electric
Shangri-la Ulaanbaatar
Hotel LLc
Siemens Mongolia
Representative Office
Steptoe & Johnson
Sumitomo Corporation UB
Representative Office
Sumitomo Mitsui Banking
Corporation
Techenomics Mongolia
Terra Energy
Thiess Mongolia
Trafigura Mongolia
Transwest
Wagner Asia
I N T E R N AT I O N A L M E M B E R S
Australia
Belarus
Bulgaria
Canada
China
Cuba
Czech Republic
France
Embassies in UB
Germany
Hungary
India
Italy
Japan
Kazakhstan
North Korea
South Korea
Kuwait
Laos
Russia
Turkey
United Arab Emirates
United Kingdom
United States
Vietnam
Global Green Growth
Institute (GGGI)
Korea Tourism
Organization
Mercy Corps
NAMBC
Save the Children in
Mongolia
Asian Development Bank
(ADB)
International Monetary
Fund (IMF)
Transparency International
UNICEF
World Bank
GIZ
Swiss Development
Cooperation
USAID
European Bank for
Reconstruction &
Development (EBRD)
Lewis Marks
Roger Perry
Tugsbayar Ganjuur (MN)
NGO IndividualsIFs and IOs
* IFIs and IOs International Financial Institutions and International Organizations
The Asia Foundation
The Nature Conservancy
Vision Fund
Wildlife Conservation
Society
World Vision
2 2

Absolute Advocates
Adilux
AERIS
Agmarco
Airlink Mongolia
Als Group
APU
Ard Capital Group
Ard Financial Group
AREC Mortgage
Corporation
Asian Way
Avinex Partners LLP
Axel Fischer Academy
Bat Solution Partners
BCI Printing
BDO Tax
BdSec
Best Western Premier
Tuushin Hotel
Bitumina Central Asia
BFit Mongolia
Bogd Bank
British School of
Ulaanbaatar
Bureau Veritas
Chinggis Khan Bank
Chinggis Law
Churchill’s
Clear Lakes Capital
Club Coworking
Cognos International
CRM
Dale Carnegie Training
Dale CHOI
Development Solutions
Discover Mongolia
Double Check translation
East Maven
EEIBC
Eermel
ELC
Erdene Resources
Erdenes Mongol
Euro Khan
Fiscal Audit
G and DS
Gal Impex
GEE
Geomin
German Mongolian
Entrepreneurs Association
Glogex
Golomt Bank
Groundwater Solutions
GWMS
GTs Advocates
HR Mind Solutions
IARUDI Consulting
Ikh Uilsiin Ereld
Interconsulting
Institute for National
Strategy
Immunitor
Integrated Financial
Services
International School of
Ulaanbaatar
Kempinski Hotel Khan
Palace
Khaan Daatgal
Khan Bank
Landbridge
Lanz Brand
LendMN
Look Mongolia
MACU
Mahoney Liotta
Mandal Daatgal
Max Mining/Marco Polo
MERA
Metro Express
MIBG
MICC
MIG Insurance
MIH
Minespec
MIRIM Consulting
MoEnCo
Mongol Content
Mongol Express
Mongol Post
Mongolia Quest
Mongolia Talent Network
Mongolian Coal
Association
Mongolian Exporters
Association
Mongolian Jiu Jitsu
Association
Mongolian Marketing
Conculting Group
(MMCG)
Mongolian Mortgage
Corporation
Mongolian National
Mining Association
Mongolian National
University
Mongolian Opportunities
Fund
Mongolian Properties
Mongolian Stock
Exchange
Monhorus
Monos
Monpolymet Group
Morning Star Land
MSM Group
National Investment
Management
National Life Daatgal
New Media Group
Newcom
Nomadic Expeditions
Nomadic School of
Business
Nomads Catering and
Integrated Services
Nomun Yeruul
NovaTerra
Novus Law
NPC & Mandal
Observe Consulting
Ombol
Orchuulga 24
OSHMI
Oyu Tolgoi
Petro Matad
Petrovis
Precom
ProMotion Craft
Santis
SB Logistics
Seaberry Farm Products
Sharyn Gol JSC
Shugam
Sky Pro Logistics
Smartcard
Sopoco
Specialized Career
Consulting (SCC)
Standard Investment
Steppe Learning
Suu JSC
Tarva Investment &
Advisory
Tavan Bogd
Trade and Development
Bank
Tenger Daatgal
The Cycling World
TUS Solutions
Valiant Art
XacBank
XacLeasing
Xanadu Wines
ZaMine Services
M o n g o l i a n M E M B E R S
Government Entities
Bank of Mongolia
Development Bank of
Mongolia
Ministry of Justice
Environmental
Department, Municipality
of Ulaanbaatar
NGOMedia/News
Arts Council of Mongolia
PMI Mongolia Chapter
Sant Maral Foundation
Young Mongolian
Professionals Association
(YMPA)
Zorig Foundation
Cover Mongolia
Jargal DeFacto
Mongolian Economy
News Agency
National News Corporation
VIP 76
Financial Regulatory
Commission of Mongolia
Ministry of Foreign
Affairs
National Development
Agency
National Emergency
Authority of Mongolia
2 3

O u r 1 0 Ye a r J o u r n e y :
Organized 2 Annual Summits
9 Ambassadors attended the 2nd Annual Summit of BCM with theme “Regional Connectivity
in Asia”
Representatives from 12 nations participated in the Annual Summit of “Regional Connectivity in
Asia”
16 major policy items were advocated by BCM including: 10+ bad policies stopped, passed a
new law, stopped tax increases (last 18 months). For the last, 7 months BCM engaged the
Ministry of Finance on tax reform and submitted substantial recommendations developed by
the Special Joint Working Group
On average 80-100 Knowledge Sharing Sessions
More than 100 monthly meetings since 2007;
In 2017, BCM hosted President Battulga’s first meeting with investors and international
business community where 300 participants were in attendance with 40 investors and business
leaders from China and Russia.
Over 500 issues of NewsWire since 2007
More than 1400 active subscribers
Mailing list has over 2.200 total audience
Over 16.000 followers
2
9
12
16
80 +
100 +
300 +
500 +
1400 +
2200 +
16.000 +
B C M b y N u m b e r s
2 4

Customer
engagement.
Redeﬁned.
#ТехнологийнДавалгаа
Erxes is an AI meets open source messaging
platform for sales and marketing
#ХөгжүүлэгчМонгол
www.erxes.mn

Strategic. Rational. Productive
MIRIM CONSULTANT is a business and innovation
consulting company founded in 2013. We provide
market, business development research, consulting
services, training, data management, and product
development services to businesses, government
agencies, non-government organizations and
international organizations.
Within the framework of our vision of becoming a
leading business research and consulting services
provider, we have provided various kinds of high quality,
professional research, consulting services to our clients
and we focus on export consulting service, business
solutions based on big data and its analysis,
business research and consulting services supporting
sustainable development.
+976-70137012 www.mirim.mn
15th ﬂoor, #1502, ProOne building, Sukhbaatar district,
Ulaanbaatar, Mongolia
RESEARCH AND ANALYSIS
1.Business research
2.Economic research and modeling
3.Export research and consulting
services
4.Elections research
CONSULTING SERVICES
1. Management consulting services
2. Business consulting services
3. Export and import consulting
services
4. Feasibility study
DATA MANAGEMENT
Ÿ INGUMEL platform
Ÿ Database development
Ÿ Big data analysis
TRAINING AND COACHING
Ÿ Business administration training
Ÿ Human resource skills training
Ÿ Research methodology training
MIRIM BRAND RESEARCH
Ÿ Product development based on
open data
Ÿ Mining investment and policy index
We operate according to our mission of providing consulting services with new
knowledge and foresighted solutions to our clients and growing together. We
offer effective solutions and practicable consultations optimized for our clients
based on professional research activities, following ethical principles for mutual
trust.
When working in business research and consultancy sector for last 5 years, we:
Ÿ Have successfully conducted 80+ researches and consulting services.
Ÿ Have provided research, consulting services to 77+ clients, and partnered
with 10+ organizations.
Ÿ Operate with 30+ specialist consultants from every sector, 8 full time
employees specialized in business management, economy, modeling,
ﬁnance, sociology, marketing, information technology and innovation, and
10+ contract workers.
INNOVATIVE
INTEGRITY
STRATEGY
CREDIBILITY
LOCALECPERTISE
VALVE
SUSTAINABLE
DeepKNOWLEDE
CRETIVE
PERPORMENCE
PROFESSIONALRESEARCH
PARTNERSHIP
CONSULTANT
EffectiveSOLUTION
PRACTICAL
CONSULTATION
SECTORAL
MARKET
RESEARCH
Consumer
Marketing
MarketingMONITORNG
Sustainable development
and green economy
Businessconsultancyservice
Exportingandimportingconsultancyservice
Feasibilitystudy
Export marketresearch
ELECTIONSURVEY
competitor
Managementconsultancyservice
contact@mirim.mn

“BCI” COMPANY BLDG, JAMIYAN GUN STREET 16/1, SUKHBAATAR DISTRICT, ULAANBAATAR-14240, MONGOLIA
TEL/FAX: (976) 11-319032, E-MAIL: BCI@BCI.MN

What We Do
Advocacy + Working Groups
(WGs)
30
FOCUSED ADVOCACY
WORKING GROUPS
Members’ Meetings &
Networking
32
Knowledge Sharing
42
NewsWire
44
Promotion
44
ANNUAL SUMMIT
AMBASSADORS ROUNDTABLE
MONTHLY MEETINGS
SPECIAL EVENTS
KNOWLEDGE SHARING SESSIONS
BCM IN THE UNIVERSITY CLASSROOM
WEEKLY EMAIL NEWS LETTER ON THE
ECONOMY, POLITICS AND BUSINESS
MEMBER HIGHLIGHT
MEMBER-TO-MEMBER BENEFIT
AD PLACEMENT
VACANCY PLACEMENT

B C M A d v o c a c y E f f o r t s I n 2 0 1 7
• The Working Groups
voice your concerns and
issues to policy makers
through BCM advocacy
efforts, working groups,
and other activities
34 WG meetings 10 Position statements 1 e-learning tool – NEW 1 Guideline – NEW 15 Advocacy Updates
A d v o c a c y + Wo r k i n g G r o u p s ( W G s )
• Join any of our Working
Groups meetings to
learn from and exchange
information with over 300
subject matter experts,
industry leaders, and
professionals.
• Receive Advocacy
and Policy Notes and
Updates on BCM’s
follow-up actions on
common concerns or
recommendations to the
Government of Mongolia,
Parliament, and the
President.
• Our policy advice
is delivered through
proceedings, research
papers, publications,
speeches and
presentations, and
meetings with senior
policymakers at all levels
of government and in all
political parties.
Position statements on draft legislation & its implications to
businesses
1. BCM Position on Draft Labor Law | 2017.05.17
2. BCM Position on 7 Tax increase | 2017.04.10
3. BCM Calculation on State Budget Amendment and Tax increase |
2017.04.17
4. BCM Position on Sustainable currency rate | 2017.04.20
5. BCM Position on Investment banking law | 2017.04.26
6. BCM Position on New Draft law on Customs | 2017.06.12
Position statements on issues that impede businesses
7. BCM Position on Air Pollution | 2017.03.02
8. BCM Position on Anti-corruption | 2017 Q1
9. BCM Position on Doing business without bribery | 2017 Q1
10. BCM Position on Ethical business conduct | 2017 Q2
11. BCM submitted position on CIT amendment in 2017 Q4 and established
Special Joint Working Group on Tax Reform in 2018, which provided an
extensive analysis and recommendation on new draft laws on CIT, PIT,
VAT, and the General Taxation Act
Guideline
12. BCM Guideline for companies to combat
air pollution | 2017.03.02
E-Tool
13. DOING BUSINESS WITHOUT BRIBERY
E-LEARNING TOOL
What We Do:
3 2

Support BCM purpose, values, visions & goals;
Be active with 4-6 events a year
Provide and share key useful knowledge to members
Has strong voice & advocate on 1-2 major issues every year
Increase member attendance & satisfaction
O u r Wo r k i n g G r o u p s ( W G s )
B C M W o r k i n g G r o u p s G o a l s
Eight working groups are the key drivers
in formulating and communicating policy
recommendations to the policymakers.
Over the years, our Working Groups have
evolved from an information sharing platform
to a forum that aims to foster public and
private dialogue.
Over 300 sectoral experts, who are well
respected in their respective industry,
and Public Managers from line ministries
and regulatory agencies serve as full-time
Working Group members bringing insight and
knowledge to the dialogue. The depth and
experience of our members helps drive the
policy agenda fervently.
Working Group’s feature is a collaborative
process. Public and Private sector along with
strong representation from academia, identify
policy issues and leverage our research
skills and develope evidence based policy
recommendation.
“OUR AIM IS TO POSITIVELY SHAPE PUBLIC POLICIES“
LEGISLATIVE
TAX
INVEST
MONGOLIA
BUSINESS
ETHICS
ENERGY &
ENVIRONMENT
EDUCATION &
INNOVATION
TRADE &
LOGISTICS
RISK
3 3

M e m b e r s ’ M e e t i n g / N e t w o r k i n g
A n n u a l S U M M I T I
What We Do:
Agenda
Opening Remarks by B.Byambasaikhan, Chairman,
Business Council of Mongolia
Welcoming Remarks by Chairman Jim Dwyer, Executive Director, Business Council of
Mongolia
Presentation: “An Update on Erdenes Mongol”
B.Byambasaikhan, CEO, Erdenes Mongol
Moderator: Peter Morrow, Partner, Novaterra and Founding Chairman, AUM
Panelists:
1. ADB
2. EBRD Mongolia
3. Tuyen D.Nguyen, Resident Representative for Mongolia, IFC
Andrew Woodley, CEO, Oyu Tolgoi
Presentation: “Building in a Down Economy – Transwest Investing in the Future of
Mongolia”
Kelvin Kaukinen, Operations Director, Transwest Mongolia
Presentation: “Technology in cost effective mining”
Anders Berglund, General Director, Atlas Copco Mongolia
Presentation: “Mongolia’s Cement Sector”
N.Munkhnasan, General Director, Monpolymet
Presentation: “Issues and Solutions for Investment in Natural Resources”
David Rohanna, Managing Partner, APIAG Mongolia
Q & A
Presentation: “Global Perspectives on Risk Management during Economic Slow Down”
Matthew Pottle, Managing Partner, PricewaterhouseCoopers
Presentation: “Behavioral-Based Human Resource to Improve Productivity”
U.Ganzorig, President, Golomt Bank
Presentation: “Porsche in UB”
Jason Broome, Managing Director, Porsche Mongolia
Q & A
Presentation: “MSE and Capital Markets”
B.Ulziibayar, CEO, Ard Capital Group
Presentation: “Macro economic Issues amid Global Trends”
Randolph Koppa, Executive Vice Chairman, Trade and Development Bank
Registration
PANEL:
International
Finance
SESSION 1:
Mining &
Industrial
Supply:
SESSION 2:
Business Strategies
in Economic
Downturn
SESSION 3:
Capital Markets
3 4

Diversity:
It provides a wide
spectrum of informative,
meaningful and
innovative topics to assist
professionals and business
stakeholders in Mongolia
develop and grow in the
coming years;
Follow-up:
BCM will follow-up on
Summit Proceedings as
to how and to what
extent political parties
reflect the issues and
recommendations from
the business community
in their election campaign;
Advocacy:
Your voices and issues
facing your business and
sector will be heard by
the political parties before
election for further action
and consideration through
the Summit Proceedings;
Outreach:
Results of the Summit
Proceedings and the
follow up actions will be
widely publicized through
public and social media.
Why the 1st Annual BCM Summit was distinct from others?
Summary
The 1st BCM Annual Summit was held under
the theme of “Supporting sustainable business
growth and development in Mongolia” on 21
April 2016. Over 200 participants discussed
how the business community can resolve
issues challenging the business sector.
Findings of the Summit were delivered to the
policy makers to ensure the concerns were
adopted by the new government.
The document was comprised of comments from private
sector and possible solutions as a recommendation. The
key three messages from the business community to the
Government of Mongolia were to maintain stability, to
improve capacity and business environment.
Outcome
• Results of the Summit Proceedings were
distributed to policy makers, Parliament
members, the Government of Mongolia, and
the President.
• The Government Action Plan 2016-2020
now includes number of provisions that are
in line with the opinions stipulated in the 1st
Annual BCM Summit Proceeding specifically
in the sections related with renewable energy,
road and transportation, logistics, livestock production,
health, foreign relations, education and innovation
sector development.
• BCM connections with the Government are being
continuously strengthened, including Ministry of Foreign
Affairs, Ministry of Finance, Ministry of Environment
and Tourism as well as UB City Municipality.
3 5

A n n u a l S U M M I T II
What We Do:
Agenda
Keynote address: Jargaltulga Erdenebat, Prime Minister of Mongolia
Chair of the session: B.Byambasaikhan, Chairman of BCM
Alex Gong, Executive Director & Senior Vice President, Fosun Group, CEO, Fosun Property
Azizov Iskander Kubarovich, Ambassador of Russian Federation
Nabatchikova Anastasia, Chief Administrative Officer, Bridgens
Oh Song, Ambassador of Republic of the Korea
Ts.Tumentsogt, CEO, Erdenes Mongol
Xing Haiming, Ambassador of People’s Republic of China
Chair of the session: Philippe Lienhart, Strategy, Innovation and New Business Manager,
Electricite de France
Chimeddorj Demchigjav, Director of Strategic Planning and Policy, Ministry of Energy
Florian Bennhold, Managing Director, Symbior Energy
Karim Karoui, Technical Director of the Energy Transition Department of Tractebel
Mika Ohbayashi, Founding Member and Director at Renewable Energy Institute
Shigeki Miwa, Director, Executive Vice President, Soft Bank Energy Corp.
Teruhisa Oi, Principal Energy Specialist at Energy Division, East Asia Department of Asian
Development Bank
Vladimir Sofyin, Director of Department of Technological Development and Innovation,
Rosseti
Chair: E.Temuulin, CEO, Sustainable Development Initiative
Declan Magee, Senior Country Economist, Asian Development Bank
L.Dulmazul, Board Member at Ulaanbaatar Chamber of Commerce, Managing Director,
Wolfson Capital
Hirotake Hirose, Chief Representative, Bank of Tokyo-Mitsubishi UFJ, Ltd
Matthew Bersani, Global Head of Corporate Finance, Shearman and Sterling LLP
A.Munkhbold, Director of Research Department, National Development Agency
Xie Aihua, General Manager, HY Group
Chair: Benoit Ribesse, CEO, Engie Mongolia
T.Bulgan, Director of Green Development, Vice Minister, Ministry of Environment
B.Byambasaikhan, Managing Partner, NovaTerra
V.Ganzorig, Chairman, Bat Solutions Partners
D.Khulan, Founder and Director, Natural Essentials
Tuul Galzagd, Director of Eco Bank, XacBank
PANEL I:
Regional Economic
Integration:
From Economic
Necessity to
Political Reality
PANEL II:
Northeast Asia
Power System
Interconnection
PANEL III:
Overcoming
Asia’s
Infrastructure
Investment
Gap
PANEL IV:
EVIDENCE ON-
THE - GROUND:
ESG as
competitive
advantage
What We Do:
3 6

Summary
The Business Council of Mongolia’s 2nd Annual Summit
under the theme of Regional Connectivity was well
attended by the regional private and public sector. With
participation of 12 nations, the event became one of the
most multi-national events of BCM. The Prime Minister
of Mongolia gave an opening remark that demonstrated
the importance of the event as well as standing of BCM
among other business associations.
BCM Executive Committee and Board members greatly
supported financially. Chairman and Executive Director
did an imperative job of bringing key speakers as well
as building bridges with new stakeholders, such as the
Russian Federation, the People’s Republic of China, and
the Republic of Korea.
3 7

B C M M o n t h l y M e e t i n g s
A premier networking event for BCM members -
Latest information critical to your business & the economy -
Opportunity to network with over 200 business leaders -
new initiatives to promote better business environment, policy
and legislative update
To facilitate effective networking - to allow members to
make meaningful business connections and acquire needed
information to support their business.
Each month
Speakers from private and public sector address key issues
faced by the private sector. Notable key speakers in the past
include President Battulga Khaltmaa, members of parliament,
IFI country directors, and ambassadors, among others. Key
speakers and topic of panel discussions are carefully chosen to
meet members’ needs. The panel is facilitated by the subject
matter expert to ensure insightful discussion. After the official
part, a networking reception is organized, so as to support
business connection among members.
The venue is selected depending on the agenda of the event.
What We Do:
WHAT:
WHY:
WHEN:
WHO:
WHERE:
3 8

From left to right:
E.Dolgion, Moderator, CEO of
John Langtry, Australian
Ambassador to Mongolia
Xing Haiming, Chinese
D.Tsogtbaatar, Mongolian Minister
of Foreign Affairs
Jiri Brodsky, Czech Ambassador to
Mongolia
Stefan Duppel, German
Andrea De Felip, Italian
From left to right:
E.Dolgion, Moderator, CEO of
Ed Jager, Canadian Ambassador to
Mongolia
Jennifer Galt, U.S Ambassador to
Mongolia
Stefan Duppel, German
Masato Takaoka, Japanese
Ambassadors’ panel discussion | 2018.02.27
Ambassadors’ panel discussion | 2017.04.17
A m b a s s a d o r s R o u n d t a b l # 1
A m b a s s a d o r s R o u n d t a b l e # 2
The international community and its role in improving
the business environment in Mongolia
Improving trade & investment and opportunities in 2018
3 9

S p e c i a l B U S I N E S S e v e n t s
His Excellency President Battulga Khaltmaa’s meeting with investors
and business community
06.08.2016
Tr a d e D e l e g a t i o n
The Business Council of Mongolia invited His Excellency
President of Mongolia Mr. Battulga Khaltmaa to BCM’s
August monthly meeting. The event was well attended
by investors including from Russia and China. In total
300 participants represented 130 private and public
07.15.2016 09.19.2016
organizations, and 10 nations. Honorary guests included
Ambassadors from the Russian Federation, Republic
of Korea, the United States of America, the Honorary
Consul from Estonia, and officials from the Embassies
of Japan, India, and Canada.
Austrian-Mongolian
Business Forum
Singaporean Investors
Networking Luncheon
Brazil-Mongolia Bilateral
Business Meeting
What We Do:
4 0

Wine & Cheese event with MACU
Porsche Showroom with Trade & Logistics WGWomen’s Leadership Event with Hogan Lovells
B u s i n e s s & F a c t o r y To u r s
O t h e r B U S I N E S S e v e n t s
Gobi Factory Tour, October 2017 Ger Area Tour with Energy & Environment WG, October 2016
BCM Board Meeting
BCM Directors and Secretariat Retreat
BCM exhibition at various conferences
4 1

B C M N e w Y e a r C e l e b r a t i o n s
The Business Council of Mongolia hosted its 10th Anniversary New Year Celebration with theme of BCM Member Got
Talent 2.0. More than 140 participants representing 48 organizations, 5 business associations, and embassies attended
the event.
BCM 10th Anniversary New Year Celebration - 2017
BCM Members Got Talent 2
BCM New Year Celebration - 2016
BCM Members Got Talent 1
BCM New Year Ball 2016 to celebrate its 9th anniversary was successfully organized on Thursday December 8th with
230 members attending at Soyombo Ballroom at Tuushin Hotel. Under the theme “BCM Members Got Talent” in total
ten member organizations demonstrated their talents, all of which were fantastic, unique and absolutely entertaining.
What We Do:
4 2

BCM FOOTBALL CUP
BCM FOOTBALL CUP
BCM Halloween 2017
BCM New Year Celebration 2018
O T H E R F U N e v e n t s
4 3

K n o w l e d g e S h a r i n g
K n o w l e d g e S h a r i n g S e s s i o n s
BCM members share their knowledge with other members and
help them to connect with others within their field of professional
interests
Since May 2015, “BCM Knowledge Sharing Sessions” have usually
been offered free of charge to BCM members. These sessions
give opportunity to members to build a knowledge sharing
culture, learn, network, share and collaborate.
When BCM members request a specific speaker with the
important topic for businesses. BCM then seeks suitable date
to organize and register participants from BCM members and
arrange the training session.
Each month
BCM requests the potential speaker from the member
organizations or Member itself can request to share their
interesting topic to BCM members.
Venue location to be determined with the potential company or
speaker
WHAT:
WHY:
WHEN:
WHO:
WHERE:
What We Do:
INS seeks to fill Mongolia’s gap in public policy debate on strategic
development and economic management based on rigorous and
unbiased research and by working with leading edge Mongolian
and international thinkers.
Importantly, all business associations in Mongolia endorse the
need to collaborate and effectively challenge strategic thinking on
the business environment and Mongolia’s economy.
The INS article series will appear twice monthly, with pieces written
by international and Mongolian experts. These articles will highlight
a problem statement, the author’s response and an INS opinion.
Founding board members of INS are senior business and academic
leaders with strong relationships both inside Mongolia and abroad.
Specifically, the institute aims to
• Provide regular commentary via
an article series on critical issues
facing Mongolia
• Provide input into long term
strategic development planning
• Stimulate higher levels of public
debate on critical and current
policy matters
www.nationalstrategy.mn
4 4

B C M i n t h e U n i v e r s i t y C l a s s r o o m
A volunteer speaking session delivered by BCM members at top
public and private Universities of Mongolia.
Due to its high impact factor, speaking sessions at certain
universities have been recognized as part of student’s credit,
making “BCM in the University Classroom“ series, the most
sought out speaking session.
Initiated in 2012 by the Education Working Group at BCM, this
volunteer project was launched with intent of transferring insight
and experience of prominent practitioners and experts directly
to the University classroom to increase the employability of the
graduates.
At the onset of the academic year, participating Universities
send BCM management a list of interested topics and times,
Universities request specific speaker with the topic. BCM then
seeks suitable speaker, and coordinates with the volunteering
speaker.
Under the “BCM in the University Classroom” series, speeches
and lectures are organized on a cohort basis.
Beginning of September through mid-May of the academic year
Due to the weight of the content delivered by our speakers, BCM
requests the attendance of students in their senior year. Mid-
career students are frequent attendees.
University of the Humanities
Mongolian University of Science and Technology
National University of Mongolia
Institute of Finance and Economics
WHY:
HOW:
WHEN:
WHO:
WHERE:
WHAT:
4 5

P r o m o t i o n
Publicize your company/entity - PROMOTION
Receive timely and relevant INFORMATION - NEWSWIRE
N e w s W i r e
W e e k l y e m a i l s a n d d a i l y b l a s t s
OUTPUTS BY WORKING GROUPS IN 2017
Introduce your entity during BCM Monthly Meeting with brochures
for distribution to an audience of over 150
Create your profile on BCM website with introduction and direct links
to website and social media pages
Post your entity banner, logo on BCM website in ‘New Member
Section’
Introduce your organization, project or activity during the “BCM in
the University Classroom” series, organized at the biggest national
universities of Mongolia among hundreds of students
Post vacancy notes of your entity on the BCM website and weekly
NewsWire, as well as social media, and see vacancy announcements
of other organizations
Display your banner/logo at reasonable rates on BCM NewsWire
issues
Make use of BCM’s mailshot distributed to over 1400 member
individuals, plus 400 people at Diplomatic mailing list
Subscribe and receive weekly electronic BCM NewsWire Issues,
which includes short summaries of news about Mongolia’s economy,
business and politics.
Receive information about upcoming KEY events through BCM
Mailing List;
Have BCM highlight your big news! NewsWires are sent via email
every Friday at noon to over 1300 individuals of 250 member
organizations, plus 300 individuals of diplomats, government officials
and relevant stakeholders.
What We Do:
4 6

YMPA in
the USA
YMPA InternationalYMPA Mongolia
WEST COAST
(California)
EAST COAST
(Virginia)
Web: www.ympa.mn Email: ympa.mongolia@gmail.com Facebook: @YMPA.Mongolia
Linked In: @YMPA.Mongolia Twitter: @YMPA.Mongolia
Educational
training
Shared
event
Exercise Meditation-Stress
Management
Healthy
diet
www.bfitmongolia.com bfit.mongolia@gmail.com @Baljaa1 @BfitMongolia @BfitMongolia
BFit is a holistic health & wellness program with trademark™ by the Intellectual Property Office of
Mongolia-designed and personalized to balance Mind-Body-Spirit aligning Work-Life Balance. Bfit has a
vision for healthy lifestyle, balance, healthy habit, empowerment and build a community, which will help
behavior change, sustain high employee morale and improve overall productivity.
Be HEALTHY! Be STRONG! Be YOU! Be FIT!
CAPACITY BUILDING/
Development
opportunity
HIGHER
EDUCATION
Choosing the right
Profession
SCHOLARSHIP
ROTATION
INTERNSHIP
ROTATION
MENTORSHIP
ROTATION
MEMBERSHIP
PROFESSIONAL
EXPERIENCE
Choosing the
right Work
Young Mongolian
Professionals Association
PROFESSIONAL
SUSTAINABLE
UNITED
* YMPA in Mongolia - to empower young Mongolian professionals to become the future global leaders through unity and network.
HIGH
SCHOOL
STUDENTS
16-18
UNIVERSITY
STUDENTS
18-25
NEWBIES AND
GRADUATES
25-30

WE DELIVER THE EMS MAILS THROUGH OUR 360 POST OFFICES THAT
LOCATE IN EVERY CORNER OF THE NATION.
EXPRESS MAIL SERVICE
EMS IS WELL KNOWN INTERNATIONAL BRAND OF UNIVERSAL
POSTAL UNION. THE EMS IS TOP SPEED INTERNATIONAL MAIL SERVICE
FOR SENDING THE DOCUMENTS, SMALL PACKETS AND MERCHANDISES
TO OVER 116 COUNTRIES AND TERRITORIES WORLDWIDE.
EMS-EXPRESS
MAIL SERVICE
MONGOL POST EXCHANGES EMS
WITH 116 COUNTRIES EVERYDAY
HAND TO HAND AS BEING A
MEMBER OF UNIVERSAL POSTAL
UNION
DOMESTIC EMS MAIL SERVICE
IS SPREADING THE WHOLE
TERRITORY OF THE COUNTRY
INCLUDING THE CAPITAL CITY AND
ALL PROVINCES.
To be the leading company of
everyday life

TELEVISION INTERNET SOCIAL MEDIA NEWSPAPER & MAGAZINE FM & RADIO MOVIE THEATER MOBILE PHONEONLINE
PURCHASE OUTDOOR ADVERTISING BOARD TIME FOR MEDIA USAGE RUSH-HOURS LIFESTYLE SALES CHANNEL
National
MEDIASurvey-2018
Features of
Media Usage
of the
GENERATION
X, Y, Z.
DYNAMIC
CHANGES of
media Usage in
4 years.
Rating and
Usage of
9 kinds of media
channel of more
than 300
channels.
YOUR
RESEARCH
PARTNER
www.mmcg.mn
NATIONAL MEDIA SURVEY SAMPLING COVERED BOTH CITY AND
RURAL AND SHOW RATING OF 9 TYPES OF 300 MEDIA CHANNEL AND
MONGOLIAN LIFESTYLE.

WHY Join
BCM
TRADITIONAL - BENEFITS 46
Effective Advocacy
Networking
Knowledge Sharing
Newswire
Discounted Rates from Conferences
Promotional Platform
BCM NEW “Affinity” Program for Our Members 48
(Under consideration by the Board of Directors)
BCM Member Only Exclusive Package
Various Beneficial Programs for its members
Member-to Member Offers and Discounts
Specially Tailored Services/Products
Additional VIP Products/Services

N e t w o r k i n g
1
Meet with policy decision makers and BCM ADVOCATES on your behalf
LEGISLATIVE
TAX
INVEST
MONGOLIA
BUSINESS
ETHICS
1
2
3
4
ENERGY &
ENVIRONMENT
EDUCATION &
INNOVATION
TRADE &
LOGISTICS
RISK
5
6
7
8
2
Opportunities for strong NETWORKING - Find your partners
T R A D I T I O N A L B E N E F I T S
E f f e c t i v e A d v o c a c y
53 working group meetings
STATISTICS:
BCM advocated on 15 major policy items stopped 10+
bad policies, passed a new law, stopped a tax increase
Last 18 months,
BCM publicly opposed item 11 of Parliament Resolution
#29 that would have potentially impacted all foreign-
invested businesses negatively
BCM successfully opposed the draft Law on Investment Banking
through a letter to all parliament members
fall 2016
2016
2017
• BCM hosts, partners, and
sponsors leading networking
events, forums, and conferences
locally and in foreign countries to
foster trade and business relations.
• Attend BCM Monthly Meetings
to get the latest information critical
to your business, and to network
with over 200 business leaders.
• Meet with international business
delegations and potential investors
visiting Mongolia to find your
partners, investors and clients.
STATISTICS:
11 monthly meetings including
Annual Summit and All Member Meeting;
BCM hosted President Battulga’s first meeting
with investors and international business
community where 300 participants were in
attendance with 40 investors and business leaders
from China and Russia
3-4 international business delegation visits
WHY Join BCM
5 2

4
Receive timely and relevant INFORMATION - NEWSWIRE
• Subscribe and receive weekly electronic BCM
NewsWire Issues, which includes short summaries
of news about Mongolia’s economy, business and
politics:
• Receive information about upcoming KEY events
through BCM Mailing List;
• Have BCM highlight your big news! NewsWires
are sent via email every Friday at noon to over 1300
individuals of 250 member organizations, plus 300
individuals of diplomats, government officials and
relevant stakeholders.
STATISTICS:
52 NewsWire issues yearly
Over 500 NewsWire issues
since 2007
N e w s W i r e
T R A D I T I O N A L B E N E F I T S
3
Learn and global best practices - KNOWLEDGE Sharing Sessions
• Attend BCM
Knowledge
Sharing Sessions
every month
to get practical
hands-on training
on topics of
highest demand,
and benefit from
free of charge
training to stay
competitive and
up-to-date
• Welcome to
cooperate with
BCM on your
conference
and/or trainings
STATISTICS: In average 10 Knowledge Sharing Sessions annually;
• Every member
organization
can propose
to host one of
these sessions.
This can be an
opportunity
to promote
your activities
and services
and increase
visibility
to other
organizations.
• Learn from
each other
and share your
knowledge,
best practices
• Access to
DOING BUSINESS
WITHOUT
BRIBERY
E-LEARNING
TOOL
• Access to
knowledge hub
in BCM website
- Business
related news,
Presentations,
Reports, and
NewsWire
archives on
BCM website,
searchable
by year and
category
BCM
NewsWire
5 3

• Exclusive DISCOUNTED RATES for conferences and events and other
conference discounts where BCM is a supporting organization,
• Notices of upcoming events are sent bi-weekly via email to all members,
calendar updates on our website
• Welcome to cooperate with BCM on your conference and events
5
Take advantage of exclusive DISCOUNTED RATES for conferences and events
STATISTICS:
26 KEY Event
Update yearly
D i s c o u n t e d R a t e s o n C o n f e r e n c e s
P r o m o t i o n a l P l a t f o r m
6
Publicize your company/entity - PROMOTION
STATISTICS:
Website traffic in average 9,000 visitors
a month;
Mailing list of over 1400 individuals, plus
400 people of Diplomatic Community;
Active Social Media
(Facebook, Twitter, linkedIn).
Member Highlight
Member-to-member benefit
Ad Placement
• Web
• Social Media
• Brochure
Vacancy Placement
Internship Placement
B C M N E W “ A f f i n i t y ” P r o g r a m f o r O u r M e m b e r s
MONGOLIA GOLD 2018
“MОНГОЛЫН АЛТ ҮЙЛДВЭРЛЭГЧДИЙН ХОЛБОО”-НЫ
БҮХ ГИШҮҮДИЙН V ХУРАЛ
WHY Join BCM
5 4

How to Join
BCM
Please use the below QR code to apply for the BCM membership. Once you complete
our Registration Form we will get in touch with you.
Please Visit: http://bcmongolia.org/membership for more information
about BCM BENEFITS and DUES SCHEDULE.
For membership related inquiries please contact Ch.Baljinnyam, Director of
Membership, at baljaa@bcmongolia.org or +976-11-317027.
Membership Category
Dues Schedule
Membership Form/Link
QR code
Follow us on Facebook, Twitter, LinkedIn, Slide share and Flickr.
5 5

China General Chamber of Commerce in Mongolia
(hereinafter as “ZUN-HUA” association) is a non-profit and
non-governmental organization established in Ulaanbaatar on
August 9, 2002, as an initiative between Chinese investors
operating in Mongolia.
In the past 15 years, ZUN-HUA association has united with most of the Chinese
companies in Mongolian market to jointly make progressive and sustainable
development, which was a glorious story of mutual growth.
Currently, ZUN-HUA association has three sub-chambers on the basis
of industry classification including energy & mining, building materials as
well as light industry services. Up to now, there are around 200 officially-
registered members covering the sectors of energy and mineral resources,
air transport, financial services, petrochemicals, real estate development,
electronic machinery, hardware, building materials, grain and oil products,
livestock production, social services and etc.
Email: zongshanghui_zh@163.com
CHINA GENERAL CHAMBER OF
COMMERCE IN MONGOLIA
Introduction To China General Chamber Of
Commerce In Mongolia
30%
Other
Zunhua Association’s
contribution to total
direct investment in
Mongolia, 2016
Zunhua
70%

ADVOCACY:
Active engagement,
Promoting a fair, stable,
transparent, business
environment,
Working groups,
Focused advocacy,
Inclusive
NETWORKING:
Facilitate connections,
Regular meetings,
Special events,
Business forums,
Opportunities
KNOWLEDGE SHARING:
Global best practices,
Sectoral experts,
University Classroom,
Sharing experiences
www.bcmongolia.org @bcmongolia @bcmongolia
Join BCM
Please use the below QR code to apply for the BCM membership. Once you
complete our Registration Form we will get in touch with you.
Please Visit: http://bcmongolia.org/membership for more information
about BCM BENEFITS and DUES SCHEDULE.
For membership related inquiries please contact Ch.Baljinnyam,
Director of Membership, at baljaa@bcmongolia.org or +976-11-317027.
Designed by NYDesign
INFORMATION:
Disseminate timely information,
Relevant,
Resource.
Up-to-date,
Informed decision.
VALUES:
Integrity; Leadership, Ethical,
Professionalism, Critical thinking,
Insightful, Commitment.
MEMBERS:
International companies,
Local market leaders,
Innovative SMEs,
International agencies,
Embassies,
NGOs & academia.

BCM 10th Anniversary Special Edition

Recommended

Recommended

More Related Content

What's hot

What's hot (6)

Similar to BCM 10th Anniversary Special Edition

Similar to BCM 10th Anniversary Special Edition (20)

Recently uploaded

Recently uploaded (20)

BCM 10th Anniversary Special Edition