1 IRKUTSK REGION SUPPLIES USD 31 MILLION PRODUCTS TO MONGOLIA WWW.MONTSAME.MN PUBLISHED:2018/11/20      2 27 PARLIAMENT MEMBERS SUBMIT PETITION ON CABINET DISSOLUTION WWW.ZGM.MN PUBLISHED:2018/11/20      3 AIRBNB IS USING WHAT3WORDS TO LIST STAYS WITH MONGOLIAN NOMADS WWW.TECHCRUNCH.COM PUBLISHED:2018/11/20      4 LOCAL PRECIOUS METAL ASSAY LABORATORY PURIFIES 99 KG OF GOLD WWW.MONTSAME.MN PUBLISHED:2018/11/20      5 LEGISLATOR OF MONGOLIA'S RULING PARTY SUBMITS PROPOSAL ON DISMISSING GOVERNMENT WWW.XINHUANET.COM PUBLISHED:2018/11/20      6 SHOCK DECISION: CHINA CLOSES BORDER TO COAL IMPORTS FROM MONGOLIA WWW.NEWS.MN PUBLISHED:2018/11/20      7 STRATEGY INTRODUCED TO FOSTER PRIVATE SECTOR IN WESTERN MONGOLIA WWW.MONTSAME.MN PUBLISHED:2018/11/20      8 MONGOLIA TO STRENGTHEN ECONOMIC TIES WITH RUSSIA WWW.XINHUANET.COM PUBLISHED:2018/11/19      9 VOLKSWAGEN TO SPEND $50 BILLION ON ELECTRIC CAR 'OFFENSIVE' WWW.CNN.COM PUBLISHED:2018/11/19      10 HABITABILITY OF MONGOLIA UNDER THREAT FROM CLIMATE CHANGE WWW.ADELAIDENOW.COM.AU PUBLISHED:2018/11/19      ЭРЧИМ ХҮЧНИЙ ИХ АЧААЛАЛ 973 МВТ-Д ХҮРЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/11/20     ЗАСГИЙН ГАЗРЫГ ОГЦРУУЛАХ БИЧИГ ӨРГӨН БАРЬСНЫ ДАРАА "ГЭРЭГЭ" БОНДЫН ХАНШ БУУРЛАА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/20     ХАЙНАНЬД ЗУГААЛАХ ГЭСЭН МОНГОЛЧУУД УЛААН-ҮҮДЭЭС НИСЭХ ТАСАЛБАРЫГ ХУУ ХАМЖ БАЙНА WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/11/20     ГАШУУНСУХАЙТ БООМТ: ЖОЛООЧ НАРЫН МЭДЭЭЛЛИЙГ УРЬДЧИЛАН ЯВУУЛАХ БАЙДЛААР АСУУДЛЫГ ШИЙДВЭРЛЭХЭЭР БНХАУ-ТАЙ ТОХИРОЛЦЛОО WWW.GOGO.MN НИЙТЭЛСЭН:2018/11/20     ЗАМЫН НӨХӨӨС, 100 ГАРУЙ ТӨРЛИЙН РЕЗИНЭН БҮТЭЭГДЭХҮҮН ДОТООДОД ҮЙЛДВЭРЛЭЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/20     АЛТНЫ ОЛБОРЛОЛТ ЭДИЙН ЗАСГИЙГ ДЭМЖИЖ БАЙНА WWW.ZGM.MN НИЙТЭЛСЭН:2018/11/20     МОНГОЛЫН АНХНЫ ХУВИЙН ХӨРӨНГИЙН БИРЖИЙН ХОЁР ДАХЬ БҮТЭЭГДЭХҮҮН: “ПАРК ТАУН” БОНД WWW.GOGO.MN НИЙТЭЛСЭН:2018/11/20     МОНГОЛ, ОХУ-ЫН ТЭЭВРИЙН САЛБАРЫН ХАМТЫН АЖИЛЛАГААГ ӨРГӨЖҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/11/20     БНХАУ-ЫН ОЛОН УЛСЫН ИМПОРТЫН ҮЗЭСГЭЛЭН БНХАУ-ОХУ-ЫН БИЗНЕСИЙН ХАРИЛЦААГ ӨРГӨЖҮҮЛЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/11/19     АМЧАМ МОНГОЛ 2018 ОНЫ ЖИЛИЙН ТАЙЛАНГИЙН ХУРЛАА АМЖИЛТТАЙ ЗОХИОН БАЙГУУЛЛАА WWW.IKON.MN НИЙТЭЛСЭН:2018/11/19    

Events

Name organizer Where
Frontier's "Invest Mongolia Tokyo 2018" Frontier Securities Tokyo Japan
"Open to Export" ICC WTO International business award ICC WTO London

NEWS

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Mongolia exports 33.320.3 thousand tons of coal in 2017 www.montsame.mn

Ulaanbaatar /MONTSAME/ A monthly press conference ‘Transparent and responsible mining’ was organized by Ministry of Mining and Heavy Industry on January 11.

In 2017, Mongolia processed about 1.2 million copper concrete, 20 thousand tons of gold and 7.2 million iron ore. As of preliminary report of December 2017, total production of industrial sector reached MNT 11.8 trillion and it showed increase of 33.7 percent or MNT 3 trillion compared to the same time of last year. 47.567.3 thousand tons of coal was extracted and 40.728.63 thousand tons of coal sold, of which 33.320.3 thousand tons exported. It means coal extraction was increased by 135.53 percent, sale by 120.39 percent and export by 129.1 percent compared to the same time of last year.

Minister D.Sumiyabazar emphasized "Within the framework of ‘Gold 2’ campaign, we planned to extract 18 tons of gold in 2017 and we have overfulfilled the basic task of the program, extracting 20.01 tons of gold."

B.Batchimeg

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Volvo to develop autonomous buses in Singapore www.nhk.or.jp

Swedish auto firm Volvo will develop autonomous electric buses in Singapore in partnership with local entities, including a national university.

A signing ceremony for the collaboration took place in the Asian country on Thursday.

Volvo plans to develop the bodies of 12-meter-long, 40-seater self-driving buses in Sweden and elsewhere. Then it will test the vehicles at Singaporean facilities, such as the university's circuit, starting next year.

Singapore's government seeks to introduce autonomous buses for public transportation in 2022. Volvo says it is studying the option of participating in a bid to be held by the government.

Other automakers and IT firms are already test-running automated buses in the United States and European countries.

Volvo Buses President Hakan Agnevall said his company now has the potential to test various solutions under realistic conditions in a major city.

He added the technology developed in Singapore can contribute to future autonomous applications by Volvo Buses.

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Rio Tinto pulls offer for stake in world’s largest lithium miner www.mining.com

Global miner Rio Tinto (ASX, LON:RIO) is said to have ditched plans to own a stake in Chile’s Chemical and Mining Society (SQM), the world's largest lithium producer, due to a mix of tricky politics and the fact that such miner is currently the target of several claims.

Chilean authorities accuse SQM of underpaying royalties, environmental violations and illicit political financing, which have made the sale process complex, raising at the same time the specter of delays or a steep price discount, local paper Diario Financiero reports (in Spanish).

Decision to withdraw offer for Nutrien’s 32% stake in SQM, worth about $5 billion at current market prices, doesn’t mean Rio Tinto has abandoned plans to capitalize on the electric-car boom.
The company has denied those allegations, adding it is sure a high-stakes arbitration with the government over royalties in Chile's Atacama salt flat will be resolved in its favour.

Rio’s decision withdraw an offer for Nutrien’s 32% stake in the Santiago-based lithium miner, worth about $5 billion at current market prices, doesn’t mean the company has abandoned plans to capitalize on the electric-car boom, the article says.

Nutrien, formed through Canada’s Potash Corp. of Saskatchewan (TSX, NYSE:POT) recent friendly merger with Agrium, must sell its stake in SQM to meet a condition imposed by Indian regulators when approving that link-up.

They have given the fertilizer company until April 2019 to divest its stake in the Chilean miner.

SQM, which has a market value at just over $15 billion, produced roughly 44,000 tonnes of lithium carbonate last year and is developing new projects both in its home-country and Australia.

Laws enacted in the 1970s and 1980s classify lithium as a “strategic” commodity for Chile on the grounds it can be used in nuclear-fusion power plants. While the South American nation is very unlikely to build one of those facilities any time soon, controls on lithium production remain and only two firms — SQM and US chemical company Albenarle Corporation (NYSE:ALB) — are currently allowed to mine the white metal used in electric car batteries.

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Apple's iCloud move to China raises concerns www.nhk.or.jp

US IT giant Apple announced on Tuesday it is going to move the base of its data-storage services used by Chinese customers to China.

The operation of the "iCloud" services will be transferred to a local partner in Guizhou Province starting February 28th. Apple says the move is to comply with Chinese laws.
Beijing restricts data transfers outside of the country.

iCloud users are worried their photos, documents and other data could be handed over to authorities.

Other US and European IT companies are considering moving their data centers to China. Yet they are also worried that the tightening of the country's Internet regulations may end up hurting their business.

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Cabinet meeting in brief www.montsame.mn

Ulaanbaatar /MONTSAME/ The Cabinet made following decisions at its regular meeting on January 10.
The Cabinet adopted a National Program on Livestock and Animal Health. The program deals with comprehensive actions to prevent from, restrict the spread of and disinfect livestock and animal contagious diseases; maintenance of contagious disease-free status; supply of safe food to the population and quality raw material to processing plants; and export of animal-origin raw materials and products.
The Cabinet decided to submit to the Parliament a draft bill on Mongolia-Germany Agreement on Financial Cooperation - Energy Efficiency Programme and Additional Loan and Second Project Agreement.
The Cabinet resolved to submit to the Parliament a draft resolution on the Number, Composition and Geographical Location of Foreign Immigrants for the period 2018-2020. According to the draft resolution, the number of foreign immigrants should not exceed 100 per year.
The Cabinet discussed a draft bill on ratification of Mongolia-Russia-China Agreement on International Road Transport along the Asian Highway Network and decided to submit it to the Parliament.
The Cabinet discussed the possibility of opening a Consulate in Manzhouli, China and agreed to consult with corresponding Parliamentary Standing Committees. By double count, 174 thousand Mongolians traveled to the city in 2016, and 170 thousand in 2017.
The Cabinet decided to submit to the Parliament a draft bill on State Aviation Law.
The Cabinet discussed granting of awards and titles to agricultural workers on the occasion of Lunar New Year. According to submissions sent from provinces, 128 herders have fulfilled the criteria for ‘State Best Herder’ title, ’11 herders ‘Twice winner of State Best Herder’ title, 13 herders ‘State Best Dairymaid’, 5 farmers ‘State Best Farmer’, 10 entities ‘State Leading Agrarian Organization’ and 27 individuals ‘State Best Agrarian’.
Kh.Aminaa

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Some state-owned enterprises to be shut down www.montsame.mn

Ulaanbaatar /MONTSAME/ The Cabinet resolved to shut down and reorganize some state-owned enterprises in order to improve their management and reduce unnecessary budget expenditure on January 10.

State-owned enterprises ‘Industrial Complex’, ‘Mongolian Farming Corporation’, ‘Mongolian Meat Corporation’, ‘Mongolian Stamp’ and ‘Road Equipment Rent’ will be shut down, on grounds of inactivity since their establishment and shortage of financial sources.

The decision was prompted by the common practice among Ministries and government agencies in receiving financial and other forms of assistance from state-owned enterprises for various purposes. Specifically, state-owned enterprises have been spending about MNT 500 million per annum on the expenses of Ministries and government agencies in recent years.

Furthermore, corresponding officials were assigned to ensure public participation, sell a portion of shares and privatize some enterprises through auctions.
Kh.Aminaa

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Mongolia Energy Corporation Ltd (MOAEF) Near-Term Moving Average Signal Update www.aikenadvocate.com

The recent price of 0.0200 for shares of Mongolia Energy Corporation Ltd (MOAEF) has put the price level below the Balance Step, indicating a near-term bearish pattern developing. Calculated from the last five balance points, the Balance Step indicator can help determine whether a bullish or bearish trend is developing near-term.

Investors may be wondering how to tackle the markets at current levels. Many investors may feel like they have missed out on the markets getting to where they are today. It may be a case of missed trades or being too cautious, but a stellar forward thinking strategy may be just what is needed to get back on track. Studying various sectors may help provide some insight on where to go from here. Investors may become very familiar and comfortable with a certain sector, and they may be completely missing out on opportunities from other fast growing sectors. Investors may also need to take a long-term approach which may include creating a diversified portfolio that takes many different factors into consideration. With the enormous amount of uncertainty that follows the global investing world on a daily basis, it may be helpful for investors to be able to keep their emotions in check. Studying the hard data may prove to be very useful when trying to separate truth from fiction in the equity markets.

Investors may be taking a look at some additional technical numbers on shares of Mongolia Energy Corporation Ltd (MOAEF) in order to get a fuller picture. The 14-day RSI is currently spotted at 41.05, the 7-day is at 39.20, and the 3-day is sitting at 37.20. The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued.

In terms of CCI levels, Mongolia Energy Corporation Ltd (MOAEF) currently has a 14-day Commodity Channel Index (CCI) of -15.67. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory. The 14-day ADX is 25.04. Many technical chart analysts believe that an ADX reading over 25 would suggest a strong trend. A level under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI). Some analysts believe that the ADX is one of the best trend strength indicators available.

Investors may be studying other technical indicators like the Williams Percent Range or Williams %R. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. A common look back period is 14 days. Mongolia Energy Corporation Ltd (MOAEF)’s Williams %R presently stands at -55.41. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would indicate an overbought situation. A reading from -80 to -100 would indicate an oversold situation. Looking at some moving average levels on shares of Mongolia Energy Corporation Ltd (MOAEF), the 200-day is at 0.03, the 50-day is 0.03, and the 7-day is sitting at 0.02. Moving averages can help identify trends and price reversals. They may also be used to help spot support and resistance levels. Moving averages are considered to be lagging indicators meaning that they confirm trends. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward. On the other side, a stock may be considered to be in a downtrend if trading below the moving average and sloping downward.

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Toyota, Mazda to open plant in Alabama www.nhk.or.jp

Japanese automakers Toyota and Mazda have officially announced that they will jointly build an assembly plant in the southern US state of Alabama.

Toyota President Akio Toyoda and Mazda President Masamichi Kogai on Wednesday announced the decision at a ceremony in the state capital of Montgomery. Alabama Governor Kay Ivey also attended.

Toyoda said he is confident that they will create yet another "Built in America" success story.

Kogai said he is glad to be able to contribute to Alabama and the US economy. He also said the two automakers will put their technologies together to supply high-quality vehicles.

The companies will invest about 1.6 billion dollars in the new plant that is planned to start operation in 2021.

Toyota and Mazda formed a tie-up last year, and have looked for a place in the United States to open a new plant.

Alabama is the fifth-largest automobile production base in the US and is home to factories of German maker Mercedes-Benz and Japan's Honda. Toyota already has an engine plant there.

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State and local government agency property assessment to be carried out www.gogo.mn

An assessment of state and local government agency land permits and registered properties will be carried out in 2018. The Government Agency for Policy Coordination on State Property, Ministry of Finance, Ministry of Foreign Affairs, Ministry of Construction and Urban Development, Capital Property Agency, and the Agency for Land Administration and Management, Geodesy, and Cartography will cooperate on conducting the assessments.

A previous assessment of state and local government agencies land permits was not registered for financial reporting, and a state and local government property assessment hasn’t been conducted since 2009.

The assessment is expected to resolve issues with unverified land ownership permits, incomplete documentation, and missing fire, flood, and earthquake risk notices.

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Young Mongolian woman invited to meet Bill Gates www.news.mn

The World Economic Forum will be held in Davos, Switzerland on 23-26 January. Foreign Minister D.Tsogtbaatar and Mining and Heavy Industries Minister D.Sumyabazar will represent the Mongolian government at the event. Another Mongolian, A.Urgamal from the ‘Oddariya’ foundation has also been invited to Davos. She is one of fifty young 'Global Shapers' who have come to Davos and won the chance to meet US billionaire Bill Gates.

There are currently a total of 6050 so-called 'Global Shapers Hubs'; these are local groups of young people, like A.Urgamal, aged between 20 and 30, who are contributing to society in a positive way. The hubs consist of a very diverse group including: entrepreneurs, young politicians and environmental activists:. Apart from meeting the founder of Microsoft, during the forum A.Urgamal and the other 'shapers' will also have the chance to talk about their ideas and learn from Chinese billionaire Jack Ma and other big names.

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