MONGOLIA

The National Anti-Corruption Commission Thailand joins forces with international agencies to focus on preventing and suppressing transnational corruption

Retrieved on: 
Wednesday, April 10, 2024
Interior, International Anti-Corruption Academy, Finance, Ethics, United Nations, IOM, Basel Institute on Governance, United Nations Development Programme, Government, Corruption, International, Developed country, Bureau, NACC, Oversight, Ministry, Virtue, IACA, Knowledge, Private sector, UNODC, CPI, Assistant, Comptroller, Corruption Perceptions Index, News, Independent Commission Against Corruption, UNDP, World Bank, Drug

BANGKOK, THAILAND - Media OutReach Newswire - 25 March 2024 - As emerging with rapid digitalization that paves the way for transnational corruption, the National Anti-Corruption Commission (NACC), Thailand further tightened its collaboration with international organizations in tackling new tactics and complicated illicit activities in accordance with global standards. The NACC's Secretary-General, Mr. Niwatchai Kasemmongkol recently met with representatives of the Nordic Police Liaison Office, led by Mr. Carsten Andersen, Assistant Attache/Liaison Officer, Nordic Police Affairs Department at the Danish Embassy, Thailand and Ms. Jane Ohlsson, Assistant Ambassador/Coordinating Officer for Police Affairs in the Nordic Countries at the Swedish Embassy, Thailand, along with NACC's executives and representatives from the Bureau of International Corruption Affairs and Cases, and the Bureau of Investigation and Special Affairs to enhance cooperation between the NACC enforcement agencies in combating transnational corruption. "Current corruption problems are not limited to any one country. But it has developed into a transnational crime, which affects all countries around the world. Therefore, cooperation between each other in various forms, both bilateral and multilateral is considered an important mechanism for effectively preventing transnational corruption of all kinds," said the NACC secretary-general. He further elaborated that the NACC has collaboration with enforcement agencies from the Nordic countries in both bilateral and multilateral. It has a memorandum of understanding between each other to exchange legal information, coordinate cases, as well as academic cooperation in particular, the sharing of knowledge and anti-corruption practices which is beneficial to raising the level of the Corruption Perceptions Index (CPI) of Thailand. This tie collaboration will help promote the prevention and suppression of corruption in Thailand more effectively. Furthermore, under the cooperation, both sides discussed and exchanged information on international cooperation in criminal matters related to corruption cases between Thailand and the Nordic countries. Denmark has expressed great interest in the NACC's corruption prosecutions and is willing to cooperate in solving transnational corruption cases, while also exchanging information that is beneficial to the fight against corruption. Mr. Niwatchai concluded that the NACC has given great importance to strengthening and expanding the network of cooperation with law enforcement agencies of various countries to deal with transnational corruption continuously. Presently, the NACC, in Thailand has made memoranda of understanding with 25 law enforcement agencies and international organizations, including nine ASEAN countries, the Ministry of Supervision of China, the Independent Authority against Corruption of Mongolia, the Anti-Corruption Commission of Bhutan, the Independent Commission Against Corruption of Australia, the Oversight and Anti-Corruption Authority of Saudi Arabia, the Police Presidium of the Czech Republic, Federal Ministry of the Interior of Austria, Investigative Committee of the Russian Federation, International Department of the National Crime Agency of the United Kingdom, and Office of the Comptroller General of Brazil, as well as World Bank, United Nations Office on Drugs and Crime (UNODC), International Anti-Corruption Academy (IACA), Basel Institute on Governance, United Nations Development Programme (UNDP) and the UN International Organization for Migration (IOM). ----------------------------------------- *This exclusive interview translation is funded by the National Anti-Corruption Fund (NACF). Hashtag: #IntegrityWay #AntiCorruption #ZeroCorruption #NACC #NACF

Key Points: 
  • Therefore, cooperation between each other in various forms, both bilateral and multilateral is considered an important mechanism for effectively preventing transnational corruption of all kinds," said the NACC secretary-general.
  • He further elaborated that the NACC has collaboration with enforcement agencies from the Nordic countries in both bilateral and multilateral.
  • Furthermore, under the cooperation, both sides discussed and exchanged information on international cooperation in criminal matters related to corruption cases between Thailand and the Nordic countries.
  • The National Anti-Corruption Commission (NACC) is a constitutional independent organization and supervised by nine commissioners selected from various professions.

Capital Markets Mongolia Announces Mongolian Banking Forum in New York

Retrieved on: 
Monday, April 8, 2024
Finance minister, Central bank, CMM, Ministry, Cryptocurrency

Mongolian Investment Week is set to be held on April 22-24, 2024, in New York, bringing together key stakeholders from Mongolia's bank and finance sector together with global investor communities.

Key Points: 
  • Ulaanbaatar, Mongolia--(Newsfile Corp. - April 8, 2024) - Capital Markets Mongolia LLC (also known as "CMM") is pleased to announce the Mongolian Banking Forum in New York, bringing key stakeholders to promote Mongolia's growth potential to a global audience of investors and industry experts.
  • Collaborating with the Central Bank of Mongolia, the Finance Ministry of Mongolia, the Financial Regulatory Commission of Mongolia, and Mongolia's Banking Association, the Mongolian Banking Forum will be held on April 23 at Lotte New York Palace.
  • Heavily digitized and adapted by financial technologies, the financial sector in Mongolia is dominated by the banking sector.
  • With a focus on navigating the diverse opportunities available in Mongolia, "Mongolian Banking Forum" promises to be an enriching experience for all attendees.

Steppe Gold Announces 2023 Annual Financial Results

Retrieved on: 
Monday, April 1, 2024
Tax, Term sheet, Silver, Exercise, Development finance institution, Acceleration, Tres Cruces, Sheet, Gold, Sale, Acquisition, News, Toronto Stock Exchange, Bank statement, TSX, Depreciation, Government, EPC, Mining

ULAANBAATAR, Mongolia, April 01, 2024 (GLOBE NEWSWIRE) -- Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold” or the “Company”) is pleased to announce its financial results for the year ended December 31, 2023.

Key Points: 
  • ULAANBAATAR, Mongolia, April 01, 2024 (GLOBE NEWSWIRE) -- Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold” or the “Company”) is pleased to announce its financial results for the year ended December 31, 2023.
  • Average realized prices for the three months and year ended December 31, 2023 were $1,977 and $1,948 per gold ounce and $20 and $21 per silver ounce, respectively.
  • All in Sustaining Cost was $1,281 and $1,140 per ounce sold for the three months and year ended December 31, 2023, respectively.
  • The Company’s consolidated financial results for the year ended December 31, 2023 have been filed on SEDAR+.

Drilling Underway at Red Mountain Project

Retrieved on: 
Wednesday, March 27, 2024
Soil, Molybdenum, Target, XAM, Gold, Copper, ASX, Magnetism, Anomaly, TSX, Nowie, Orientation, Stockwork, Mining

Systematic diamond drilling program designed to test five high-priority targets, following up on more recent trenching and previous drilling; compelling results from the latter are highlighted, below:

Key Points: 
  • Systematic diamond drilling program designed to test five high-priority targets, following up on more recent trenching and previous drilling; compelling results from the latter are highlighted, below:
    First results from the drilling program are anticipated late April.
  • Red Mountain offers a rare opportunity to access a large, under-explored mineral district.
  • We are conducting a systematic exploration program, including diamond drilling, that we expect will provide a new perspective on the mineral potential of the Red Mountain district.
  • Figure 3: Exploration drilling has commenced at Red Mountain.

New VR Solution to Democratize Ophthalmic Surgical Training: Affordable, Portable and Scalable

Retrieved on: 
Friday, April 5, 2024
Orbis, Glaucoma, VR, Learning, Environment, Health, Refractive surgery, Partnership, Paratriathlon, ASCRS, Patient, Cataract, Student, Surgeon, Society, Strabismus, Curriculum, Feedback, Annual general meeting, Ophthalmology, Orbis International, Nursing

BOSTON, April 5, 2024 /PRNewswire/ -- Orbis International and FundamentalVR today launched a new immersive virtual reality (VR) training solution intentionally designed for use in low- and middle-income countries, at the American Society of Cataract and Refractive Surgery (ASCRS) Annual Meeting. The tool is built to support students and residents learning to perform surgery to treat cataracts – the world's leading cause of blindness, despite being treatable with a short operation – ultimately growing the number of skilled care providers and improving outcomes for patients. The tool's affordability, portability and scalability, combined with its targeted functionality, make it a key advancement in ophthalmic surgical education globally and will accelerate Orbis's efforts to build strong and sustainable eye care systems around the world.

Key Points: 
  • Orbis, a global nonprofit, teamed up with FundamentalVR, a technology company dedicated to developing VR surgical training solutions, to create this unique tool.
  • It integrates VR, haptic feedback, cloud assessment data, and off-the-shelf hardware to create a solution for cataract surgical training in resource-limited settings.
  • "We saw a real need that we could meet," says Dr. Hunter Cherwek, Orbis Vice President of Clinical Services and Technologies.
  • Thanks to our partnership with FundamentalVR, we were able to bring a new VR solution to life that makes cataract surgical training accessible no matter where you live."

Steppe Gold Ltd. Announce Extension of Binding Term Sheet

Retrieved on: 
Tuesday, March 19, 2024
Extension, Binding, TSX, Transaction, News, Gold

ULAANBAATAR, Mongolia, March 19, 2024 (GLOBE NEWSWIRE) -- Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold”) is pleased to announce the extension (the “Extension Letter Agreement”) of the binding term sheet entered with, among other parties, Boroo Gold LLC (“Boroo Gold”) dated January 18, 2024 (the “Binding Agreement”), pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Boroo Gold in an all-share transaction (the “Proposed Transaction”).

Key Points: 
  • ULAANBAATAR, Mongolia, March 19, 2024 (GLOBE NEWSWIRE) -- Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold”) is pleased to announce the extension (the “Extension Letter Agreement”) of the binding term sheet entered with, among other parties, Boroo Gold LLC (“Boroo Gold”) dated January 18, 2024 (the “Binding Agreement”), pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Boroo Gold in an all-share transaction (the “Proposed Transaction”).
  • The Extension Letter Agreement extends the exclusivity period between Steppe Gold and Boroo Gold in the Binding Agreement from March 29, 2024 to April 12, 2024, or such earlier or later time as Steppe Gold and Boroo Gold mutually agree, in order to provide more time for the parties to complete due diligence and enter into a definitive agreement.
  • For more information on the Transaction, please see the news release dated January 22, 2024 which is available on SEDAR+ at www.sedarplus.ca.

23andMe Launches New Feature Connecting Customers to Historical Individuals from Hundreds and Even Thousands of Years Ago

Retrieved on: 
Tuesday, March 19, 2024
23andMe, African Americans, Iron Age, Farmer, Silver, CE, Indigenous peoples, Genetics, Yellow, Harvard University, SAN, Continental Army, City, DNA, History, Metal, Indian Army Public Schools, African, BCE, Late, Bronze Age, Iron

"23andMe's Historical Matches is a technical breakthrough in our ability to accurately detect genetic connections between customers and historical individuals."

Key Points: 
  • "23andMe's Historical Matches is a technical breakthrough in our ability to accurately detect genetic connections between customers and historical individuals."
  • The new Historical Matches feature leverages the same science applied in a more consumer-friendly and approachable way to making these connections.
  • To create this new feature and connect members to Historical Matches, 23andMe identifies segments of DNA that individuals share with the genetic sequences of historical individuals.
  • The feature relies on publicly available data, scientific publications, and the 23andMe relative matching technology to link to these historical individuals.

Steppe Gold Announces Board Changes

Retrieved on: 
Friday, March 15, 2024
Minority, Acquisition, Toronto Stock Exchange, IPO, USCGC Polar Star (WAGB-10), TSX, Legislation, Mining, Security (finance)

ULAANBAATAR, Mongolia, March 15, 2024 (GLOBE NEWSWIRE) -- Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold” or the “Company”) announces the following Board changes.

Key Points: 
  • ULAANBAATAR, Mongolia, March 15, 2024 (GLOBE NEWSWIRE) -- Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold” or the “Company”) announces the following Board changes.
  • The Company would like to pay special thanks to Mr. Wood for his outstanding contributions to Steppe Gold.
  • Bataa Tumur-Ochir, Chairman and CEO of Steppe Gold, commented “We are hugely grateful for Matt’s leadership of Steppe Gold, from the early days as a private company with a greenfield site in Eastern Mongolia.
  • We wish him every success in his future endeavors.”
    “We will look to refresh our Board as we work to conclude the Boroo Gold acquisition, and we welcome our President, Byambatseren as a Board member.”
    In connection with Mr. Wood’s resignation, Steppe Gold intends to issue an aggregate of 2,000,000 common shares of the Company at a deemed price of $0.78 per share to settle all amounts owing by Steppe Gold to Mr. Wood (the “Settlement Transaction”).

Rio Tinto releases details of $8.5 billion of taxes and royalties paid in 2023

Retrieved on: 
Thursday, March 28, 2024
Mining, Minerals, Natural Resources, Tax, Tinto, Mineral, Rio Tinto

Rio Tinto has published its 2023 Taxes and Royalties Paid Report , which details $8.5 billion of taxes and royalties paid globally during the year.

Key Points: 
  • Rio Tinto has published its 2023 Taxes and Royalties Paid Report , which details $8.5 billion of taxes and royalties paid globally during the year.
  • This compares to $10.8 billion in 2022, which included around $1.5 billion of Australian corporate tax payments related to prior years.
  • In Australia, which is home to almost half of the company’s global business, taxes and royalties totalling $6.6 billion (A$10.0 billion) were paid in 2023, including corporate tax paid of $4.1 billion (A$6.2 billion).
  • Rio Tinto also made significant tax and royalty payments in Canada ($601 million), Chile ($477 million), Mongolia ($371 million) and the United States ($123 million).

13 APAC Mobile Wallet and Digital Bank Leaders Sign up for New MSME Initiative to Accelerate Inclusion and Sustainability Efforts

Retrieved on: 
Tuesday, March 26, 2024
Payments, Finance, Environmental, Social and Governance (ESG), Banking, Professional Services, Technology, Fintech, Online Privacy, TrueMoney, Automation, DANA, Employment, Climate change, Sirius, Face, BKash, Biophysical environment, Corporation, Education, ESG, Knowledge, Growth, Private sector, Carbon, World Bank Group, Social, MSME, International Finance Corporation, Money, Workforce, Monetary Authority of Singapore, South Korea, Multimedia, GCash, MAS

International Finance Corporation (IFC), a member of the World Bank Group, will collaborate with Ant International to develop and promote a set of Digital Sustainability Impact Management Toolkits in the next two years.

Key Points: 
  • International Finance Corporation (IFC), a member of the World Bank Group, will collaborate with Ant International to develop and promote a set of Digital Sustainability Impact Management Toolkits in the next two years.
  • Corporates and businesses today face increasing reporting requirements from regulators, financial institutions, and supply chain partners to disclose and track their sustainability performances.
  • “We always talk about financial and digital inclusion, but sustainability inclusion for MSMEs is becoming one of the most pressing challenges,” said Leiming Chen, Chief Sustainability Officer, Ant International.
  • With this, GCash has become their bridge to digital by providing essential tools – transforming the way they do business.