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Economy / Featured News / Mongolia News / April 1, 2015

Mongolia explores dual time system

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Mongolia has a history of time changes. Following the democratic revolution the nation first implemented nationwide daylight savings time in 1983, based upon a Ministerial Council Resolution. However, the use of daylight savings time was stopped again in 1999, only to be reinstated in 2001. The last time daylight savings time was observed was in 2007, when, after six years, the Ministerial Council rescinded its use. The practice received both advocacy and criticism in Mongolia. Putting clocks forward one hour benefits sports and retailers, as well as other activities that exploit sunlight after working hours. However, it can cause problems for evening entertainment and for the farming sector.

The contemporary nation of Mongolia, eager to diversify away from mining and raw materials exports, has sought to take advantage of its geographical location, bridging Asia and Eastern Europe. The nation’s leaders are now proposing a bold new move that should help to ensure the nation’s future as a hub of international trade and finance. Having already reinstated daylight savings time during this March, the Parliament of Mongolia is now considering changing the time-zone entirely across half of the capital city in order to allow the western half of Ulaanbaatar to be more in-sync with European and U.S. business schedules, whilst retaining the current timezone (including daylight savings) across the eastern half of Ulaanbaatar in order that businesses can continue to interact efficiently with China and other Asian markets.

This would effectively make the timezone in all areas east of Sukhbaatar Square (the central square of the city of Ulaanbaatar) GMT+0, whilst all areas to the west of Sukhbaatar Square would remain on GMT+8. Detractors of the new draft law have indicated that this will throw the city into chaos, however, the team of experts behind the drafting of the law indicated that they had solved issues with bus timetabling and that effective 24 hour bar and restaurant opening times would help spur rapid economic recovery of the nation after FDI continued to fall throughout 2014. Expat restauranteur Cliffe Arrand of the Rosewood Kitchen is quoted as saying “I fully support this move, as it will enable us to double our breakfast covers every single day!” Initial concerns around the fact that the timezone boundary will bi-sect the Mongolian Parliament building were quickly allayed. One Mongolian member of the public noted, “with only half of Parliament sitting at any one time due to the new time-zone difference, we should see less squabbling within the coalition and it so we all hope more will get done”.

M.A.D. believes that this will also allow to deal with the oversupply of current office since a number of companies will opt to have two different offices to deal with the time difference. An Advisor to the Ministry of Special Projects for this project could not be reached for comment as he claimed he had overslept as a result of being unsure of what time to set his alarm for.

Please note that this article is intended as an April’s fool article and is not meant to be taken seriously. The event or situations it depicts are purely fictional and bear no resemblance to any real life situation.

SOURCE: M.A.D. April's Fool




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