BCM Monthly Meeting Recap
BCM Monthly Meeting recap- Jan, 2012 PDF Print E-mail
Wednesday, 01 February 2012 11:53
The meeting on 23 January with Laurenz Melchers in the chair was attended by 95 members and invited guests. Melchers announced four upcoming events: Coal Mongolia 2012 from 9 to 12 February in Ulaanbaatar: the USETEC Fair from 5 to 7 March in Cologne, Germany; Mines & Money on 19 to 23 March in Hong Kong; and Coal Trans Mongolia in June in Ulaanbaatar.
BCM Vice Director I. Ser-od announced that Arthur Cookson, the head of tax at Oyu Tolgoi LLC, as the new co-chair of BCM's Tax Working Group. He also announced a BCM In The Classroom program to be held at Mongolian National University throughout February.  This program will bring esteemed speakers, such as Cameron McRae, President & CEO of Oyu Tolgoi, who will open the joint project.
BCM membership now stands at 183 members. More than 90 percent of members from 2011 have renewed their membership. The nine recently joined members are:
1. Citi Group - The leading global financial services company. It has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
 
BCM Monthly Meeting recap- Dec 12, 2011 PDF Print E-mail
Thursday, 22 December 2011 11:47
The meeting on 12 December with Laurenz Melchers in the chair was attended by 65 members and invited guests. Melchers announced the upcoming Coal Mongolia 2012 conference to be held on 9-10 February. The BCM 2012 membership drive now stands at 160 members as renewals ramp up. Those recently joined as new members are:
1.Hogan Lovells – This law firm helps corporations, financial institutions, and governmental entities with critical business and legal issues globally and locally. The firm has been involved in Mongolia since its peaceful democratic revolution in 1990 when one of its partners visited Ulaanbaatar as a member of a delegation of consultants to advise the government on legal reform. Since then, Hogan Lovells has acted for clients on diverse foreign direct investment and merger and acquisition (M&A) projects in the mining, energy, infrastructure, and other sectors. It also has worked with the domestic firm GTs Advocates since 2007, and in June 2010 the two firms entered into an association agreement to establish Hogan Lovells as the first global firm with a permanent presence in Mongolia. It established an office in Ulaanbaatar on 1 October.
 
BCM monthly meeting recap-Sep 26, 2011 PDF Print E-mail
Monday, 03 October 2011 11:06

The meeting on 25 September with Laurenz Melchers in the chair was attended by 80 members and invited guests. Executive Director Jim Dwyer announced BCM's Renewal dinner for 31 October. The evening will feature food, drinks and entertainment as well as awards to outstanding businesses, government organizations, and working groups.  Membership now stands at 193 members from 162 members one year ago. Those recently joined are:
1. Global Minespec LLC is a Mongolian-Australian joint venture welding and safety equipment supplier to operations in Mongolia. It provides to the mining and fabrication industries in Mongolia a much needed supply of high quality items. Established in 2010, Global Minespec has worked with companies such as Major Drilling and Boroo Gold.
2. Mongolia Growth Group is a financial group focused on acquiring investments in real estate and building the country's insurance industry. Its goal is to leverage the tremendous growth currently found in Mongolia. Attracted to Mongolia for its rich mineral wealth, on-going development of world class mines, high gross domestic product (GDP) growth, and ambitious society; the group wishes to capitalize on the development opportunities available. Planning to focus its energies on real estate, insurance, and asset management, the group plans to help direct policy and development.

 
BCM Monthly Meeting Recap - August 22, 2011 PDF Print E-mail

The meeting on August 22 with Laurenz Melchers in the chair, was attended by 65 members and invited guests who overcame severe traffic caused by visits of U.S. VP Biden and S. Korean President Lee. Executive Director Jim Dwyer introduced the BCM NewsWire's new editor-in-chief, Terrence Edwards. Membership now stands at 188 members, up from 160 last August. Those recently joined are:
1. CGBEM is jointly-owned by Mongolia Minerals Corp., a Canadian company based out of Calgary and its Mongolian partner. The company is focused exclusively on the exploration and development of coal and other mineral resources in Mongolia.
2. Mongolia's Opportunities Fund provides growth capital to companies that exhibit established profitable business models, have strong management teams and demonstrate potential to become market leaders. It invests in businesses for agribusiness, infrastructure, and mining services and supply chains.
3. Allworld Exhibitions is an exhibition organizer currently organizing 150 international exhibitions in 11 countries. It was called one of the top organizers by revenue in the Asian Exhibition Market. The company assists in global exporters to penetrate emerging markets, especially in Asia and the Middle East. Allworld Exhibitions delivers industry specialized exhibitors.
4. Allens Arthur Robinson is a leading international law firm in 12 offices across Asia. The firm works with 55 of the world's top 100 companies, eight of Australia's top 10 public companies, and 77 of Australia's top 100 public companies.
5. Oxford Business Group is a global publishing and consultancy company which produces original economic and business intelligence on markets in the Middle East, Africa, Asia, and Latin America. Through its print and online publications, OBG offers comprehensive analysis of macroeconomic and sector developments. It publishes annual reports on more than 30 countries and territories, as well as monthly sector updates. Each Report is the product of many months of on-the-ground research.

 
BCM Monthly Meeting Recap - June 27, 2011 PDF Print E-mail

The monthly meeting on June 27, with Mr. Peter Morrow in the chair, was attended by 78 members. Vice Director Ser-Od Ichinkhorloo reported that membership now stood at 184, as against 147 in the corresponding period last year.

Five new members have joined since the last meeting. They are:
1. United Management Corporation (UMC), which specializes in retail financial services, investment management and co-investment, private equity, and real estate portfolio management.
2. Credit Suisse, which provides companies, institutional clients and high-net-worth private clients worldwide with advisory services, comprehensive solutions, and excellent products in areas such as private banking, investment banking and asset management. It employs 50,100 people in 405 offices in 55 countries.
3. Mongolian Economy Magazine, which aims to provide accurate news of and informed insight into what happens in the  Mongolian economic, financial and business sectors. Apart from raising public awareness, the bilingual magazine hopes its contents will help strengthen interaction between domestic and foreign business institutions, and public-private partnerships.
4. CIS Mongolia,  the local unit of the international organization which, since its founding in 1992, has specialized in providing catering services in challenging environments to some of the world's leading petroleum, mining, civil engineering and engineering companies, as well as to the armed forces of many different nations.
5. Allens Arthur Robinson, an international law firm with offices throughout Australia and Asia. Seventy-seven of Australia's, and 55 of the world's, top 100 companies choose Allens Arthur Robinson as their legal adviser. With more than 30 years' experience on the ground in Asia across a broad range of industries, the firm offers clients technical excellence combined with business and cultural insights.

 
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