1 CONSTRUCTION OF TAVANTOLGOI-GASHUUNSUKHAIT ROAD TO BE INTENSIFIED WWW.MONTSAME.MN PUBLISHED:2019/02/20      2 OVER 30 MEASURES PLANNED FOR REDUCTION OF ENVIRONMENTAL POLLUTION WWW.MONTSAME.MN PUBLISHED:2019/02/20      3 MONGOLIA SAYS IT EARNS OVER 169 MLN USD FROM COAL EXPORTS TO CHINA IN JAN WWW.HELLENICSHIPPINGNEWS.COM  PUBLISHED:2019/02/20      4 RUSSIA’S GAZPROM TO START CHINA GAS PIPELINE BY DECEMBER 1 WWW.RT.COM PUBLISHED:2019/02/20      5 MONGOLIA'S FOREIGN TRADE UP 41.6 PCT IN JAN. WWW.XINHUANET.COM PUBLISHED:2019/02/20      6 EIGHT COMPANIES ANNOUNCE TO DISBURSE DIVIDENDS SO FAR WWW.ZGM.MN PUBLISHED:2019/02/20      7 MONGOLIA'S PROSTITUTION ZONES, WHERE WOMEN TRADE SEX FOR FUEL IN SUB-ZERO TEMPERATURES WWW.TELEGRAPH.CO.UK PUBLISHED:2019/02/20      8 MONGOLIA TO SUSPEND KFC OUTLETS FOR INQUIRY AFTER FOOD POISONING REPORTS WWW.CNBC.COM PUBLISHED:2019/02/20      9 MIAT TO FLY BETWEEN ULAANBAATAR AND GUANGZHOU WWW.NEWS.MN PUBLISHED:2019/02/20      10 NEW BOOK ABOUT MONGOL EMPIRE’S IMPACT ON ISLAM WWW.NEWS.MN PUBLISHED:2019/02/20      УУХҮЯ: II САРЫН БАЙДЛААР НИЙТ НУТАГ ДЭВСГЭРИЙН 5.6 ХУВЬД АШИГТ МАЛТМАЛЫН ЛИЦЕНЗ ОЛГОСОН WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/20     300 ОРТОЙ ТӨРӨХ ЭМНЭЛГИЙН БАРИЛГЫН АЖИЛ 80%-Д ХҮРЧ ГУРАВДУГААР САРЫН 1-НЭЭС ДУЛААНД ХОЛБОГДОХООР БОЛЖЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2019/02/20     II/19-НИЙ ДОТОР 24 ХК НОГДОЛ АШИГ ОЛГОХТОЙ ХОЛБООТОЙ ШИЙДВЭРЭЭ ГАРГАЖ , СЗХ-НД ХҮРГҮҮЛСЭН БАЙНА WWWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/20     ӨНГӨРСӨН САРД 23.9 МЯНГАН ЖУУЛЧИН ХҮЛЭЭН АВЧЭЭ WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/02/20     ЭРЧИМ ХҮЧНИЙ ИМПОРТ БУУРЧЭЭ WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/02/20     ТАТВАР ТӨЛДӨГ 191 МЯНГАН ААН-Н 95.9 ХУВЬ НЬ БИЧИЛ БИЗНЕС ЭРХЭЛДЭГ WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/02/20     НИЙТ НУТГИЙН 70 ОРЧИМ ХУВЬ НЬ ЦАСТАЙ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2019/02/20     ХАНБОГД-ОЮУТОЛГОЙГ ХОЛБОСОН ЗАМЫН НЭЭЛТ БОЛЛОО WWW.GOGO.MN НИЙТЭЛСЭН:2019/02/20     ЗГҮЦ-ЫН АНХДАГЧ ЗАХ ЗЭЭЛИЙН АРИЛЖАА МХБ-ИЙН ҮЙЛ АЖИЛЛАГААНЫ ОРЛОГО БУУРЧЭЭ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/19     “TEMASEK HOLDINGS” КОМПАНИ “TRQ” ДЭХ ЭЗЭМШЛИЙН ХУВИА 28 ХУВИАР БУУРУУЛАВ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/19    

Events

Name organizer Where
“Doing business with Mongolia”, “UK Investors show” бизнес хөтөлбөр March 27-April 02. 2019 ЛОНДОН ХОТ, ИХ БРИТАНИ Mongolian Business Database London UK
SYMPOSIUM ON GLOBAL MARKETS Nationalism and Protectionism: The United States in the International Arena June 17-18, 2019 The Center for American and International Law Plano, Texas, USA The Center for American and International Law (CAILAW) Plano Texas June 17-18 2019
"Open to Export" ICC WTO International business award ICC WTO London

NEWS

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HIV deaths: Mongolia 14th in Asia www.news.mn

Mongolia stands at the fourteenth position in HIV deaths among 50 Asian countries, according to a UNAIDS report. The central Asian country lost nearly 100 people in 2016 due to AIDS, says the report. The country has not seen a significant change in the incidence of cases for over a decade.

Mongolia registered its first case of HIV/AIDS in 1992. Currently, there are 249 people living with HIV in Mongolia: 80 percent of those are men and 79.2 percent are members of the LGBT community.

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Toxic air putting half of Mongolia`s children at risk www.gogo.mn

Ulaanbaatar-home to half of Mongolia`s three million population – is one of the most polluted capitals in the world.

On 30 January, 2018, the levels of PM2.5 pollution reached 3 320 micrograms per cubic meter-133 times the level WHO recommends as safe.

The most important source of air pollution comes from coal-burning stoves in the “ger” districts (informal settlements) during the cold season. Rapid urbanization continues to cause a problem of unplanned settlements and increased air, water and soil pollution.

Unless concrete efforts are made address this situation, exposures will increase in the coming years with significant health consequences for the city`s population, especially for children.

Evidence of the impact air pollution on children

Children are the most vulnerable to adverse health effects of air pollution from the day they are conceived.

Pregnant women`s exposure to air pollution can affect growing baby`s lungs and respiratory system causing pre-term birth and spontaneous abortion.

In Mongolia, a 3.5-fold increase in fetal deaths have been documented between winter and summer. Air pollution is also inked with diseases that can be highly damaging for children, such as bronchitis and asthma, causing children to miss school and other important learning and development opportunities.

Toxic chemicals in the air harm unborn baby`s brain development and contribute to behavioral and cognitive problems later in childhood, evidence suggests.

According to UNICEF in last 10 years, incidents of respiratory diseases in Ulaanbaatar alarmingly increased including a 2.7-fold increase in a respiratory infections per 10,000 population.

Pneumonia is now the second leading cause for under-five child mortality in the country.

In 2015, up to 435 children the age of five in Ulaanbaatar died from pneumonia. Children living in a highly polluted district of Central Ulaanbaatar were found to have 40 percent lower lung function than children living in a rural area.

UNICEF action

UNICEF is working closely with the Government of Mongolia in partnership with CSO`s, private sector, media, public opinion leaders, advocates.

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Russia overtakes China in gold reserves race to end US dollar dominance www.rt.com

The Central Bank of Russia (CBR) boosted its holdings of gold by almost 20 metric tons last month, with reserves reaching 1,857 tons. It has increased its holdings every month since March 2015.
Russia is now among the top five gold holders after surpassing China, which reportedly holds 1,843 tons. Over the last 15 years, Moscow and Beijing have been aggressively accumulating gold reserves to cut their dependence on the US dollar.

“Interestingly, both Russia and China publicize and promote their accumulations of gold and publicly refer to gold as a strategic monetary asset. They make no secret of this. But on the flipside, the US does the opposite, and constantly downplays the strategic role of gold,” Singapore’s BullionStar precious metals expert Ronan Manly told RT in December.

The US claims to be the largest holder of gold with 8,134 tons, but according to Manly, that number is impossible to verify.

“The entire story around the US gold reserves is opaque and secretive. There has never been a full independent audit of the US gold reserves, and the custodians of the gold, the US Mint and the Federal Reserve of New York, will not let anybody into the vaults to view the gold or to count it,” Manly told RT.

Germany is in second place with 3,374 tons, but a large portion of its gold reserves are still held in the US. As of last year, Bundesbank has only been able to repatriate 674 tons of gold kept in Paris and New York since the Cold War. Over 50 percent of Germany’s gold reserves are now in Frankfurt. The remainder is stored in London and New York.

The International Monetary Fund (IMF) owns 2,814 tons of gold. France is the fourth-biggest bullion holder.

The CBR has more than doubled the pace of its gold purchases, according to Gold.org data. It has been increasing the country’s gold reserves to meet the goal set by President Vladimir Putin to make Russia less vulnerable to geopolitical risks. The Russian gold hoard has increased by more than 500 percent since 2000.

Russia is also the third-largest producer of the precious metal. The government has purchased two-thirds of all the gold mined in country, buying it from local banks, as the Kremlin sees the precious metal as a safe haven at a time of geopolitical turbulence.

Reserve diversification is one of the primary reasons Russia buys gold, according to the CBR.

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Cabinet discusses Erdenes Tavan Tolgoi’s 1,072 public shares www.gogo.mn

During an irregular meeting on February 23, Cabinet discussed the Law on Government Special Funds and the 1,072 Erdenes Tavan Tolgoi JSC shares distributed to Mongolian citizens.

Minister of Mining and Heavy Industry D. Sumiyabazar noted, “First, those 1,072 shares need to be registered. Preparation for registering them on the stock market needs to start immediately, because it takes much time. Our ministry is working hard to finish this in 2018.” Cabinet members didn’t reach consensus on the issue of international stock market registration.

The Ministry of Mining and Heavy Industry is working to introduce a proposal regarding the shares to Parliament once it is approved by the cabinet.

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China's Geely buys stake in Mercedes-Benz owner Daimler www.bbc.com

Chinese carmaker Geely has become the biggest investor in Mercedes-Benz owner Daimler, saying it hopes to cooperate with the German giant on electric cars.

Geely shares jumped in Hong Kong after the deal to buy almost 10% of the firm was announced over the weekend.

The Chinese carmaker already fully-owns Sweden's Volvo and black cab maker London Taxi Company.

Chairman Li Shufu is expected to meet Daimler executives on Monday and German government officials later in the week.

Geely's 9.7% stake in the high profile German carmaker has raised some concerns that the Chinese firm will seek access to technology and innovation in exchange for the deal.

But the German government said it saw "no need to act in terms of competition rules or foreign investment rules".

'Invaders from outside'
China is widely considered the most important future market for global car manufacturers.

In a statement by Geely, Mr Li said he wanted to "accompany Daimler on its way to becoming the world's leading electro-mobility provider," and was looking for a long-term commitment.

Describing what he called a "strategic vision," he argued that "invaders from outside" the traditional car sector, meant firms needed to cooperate through partnerships and alliances.

Traditional carmakers are increasingly facing competition from newcomers from the technology sector, including Tesla and the Google-associated Waymo.

Also over the weekend, Daimler announced a $1.9bn (£1.4bn) investment into a partnership with another Chinese auto firm, BAIC.

The money will go into modernising a BAIC plant to build Mercedes cars including electric vehicles, the two companies said.

Daimler and BAIC are already cooperating in the Chinese market, where foreign production is often only permitted through partnerships with Chinese firms.

Last week, fellow German carmaker BMW announced a deal with Chinese manufacturer Great Wall Motor to build electric-powered Mini cars in China for the local market.

The Chinese government has said 20% of cars sold by 2025 should be electric or rechargeable-hybrid vehicles - a target that is spurring many global carmakers to raise their investment in China.

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Prime Minister to pay visit to China www.montsame.mn

Ulaanbaatar /MONTSAME/ Prime Minister U.Khurelsukh will pay a visit to People's Republic of China on April 10-13. Minister of Road and Transport Development J.Bat-Erdene paid visit to China in the beginning of February to ensure preparation of the Prime Minister’s visit to the country.

Prior this PM U.Khurelsukh made his first foreign official visit to the Republic of Korea on January 15-17. 
B.Batchimeg

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Parliament to convene spring session on April 5 www.montsame.mn

Ulaanbaatar /MONTSAME/ Parliamentary spring session will convene on April 5.

The autumn session of the Parliament convened on October 2 and closed on February 9 after adopting 18 independent laws, amendment and revision to 95 laws and 54 resolutions.

The spring session agenda includes bills and resolutions on the 2019 State Budget statement; the 2020-2021 State Budget assumption; the 2017 Budget performance; the 2017 Government financial report; the implementation of the 2017 General Guidelines on Social and Economic Development of Mongolia; and the 2019 General Guidelines on Social and Economic Development of Mongolia.

Moreover, bills including the Legal Status of the Capital City; Amendments to the Constitution of Mongolia; Parliamentary Elections and Parliament are lined up for the spring session which will convene in early April. A number of other bills will be discussed by the Parliament.

The spring session will close on July 1, in accordance with the corresponding law.
Kh.Aminaa

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Mongolia slips by 16 positions in corruption perceptions index www.news.mn

Transparency International released the Corruption Perceptions Index (CPI) 2017 on Friday.

Mongolia ranks 103rd with score of 36; drew back by 16 positions in 2017 compared to the previous year. Previously, Mongolia was ranked at 72nd in 2015 and 87th in 2016.

The index, which ranks 180 countries by their perceived levels of public sector corruption according to experts and businessmen, uses a scale of zero to 100, where zero is highly corrupt and 100 is very clean. This year, the index found that more than two-thirds of countries score below 50, with an average score of 43.

One of the factors that influenced Mongolia to draw back connects with weakening impartiality of auditing and courts. It is considered that slow process of resolving corruption cases at trials, dismissals without penalty and uncompensated state losses affected to weaken people’s confidence in combat with corruption.

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World Bank’s IFC inks green financing deal with MBA www.gogo.mn

The International Finance Corporation (IFC), the World Bank’s private sector arm, has signed a memorandum of understanding with Mongolian Bankers Association (MBA) to foster green banking practices in Mongolia.

“The deal between the IFC and MBA is to advance sustainable finance and green banking practices in Mongolia through capacity development and knowledgesharing,” according to a February 13 statement from Bangko Sentral ng Pilipinas (BSP), the Philippine central bank. Under the agreement, MBA will be strengthened as repositories of knowledge on sustainable finance and green banking in Mongolia and in the region.

Vivek Jamwal, practice head of risk and research at Singapore-based Stradegi Investment Management Consulting, says the MOU can help grow awareness of environment, social and governance (ESG) financing and investment. He believes it will pave the way for more green financing over time, and that "asset owners and asset managers will have a choice to allocate to green financing, or to create green fixed income products".

"The next logical step will be measuring the impact on an ESG scale, and hence will pave the way for ESG ratings to be done on those asset owners and asset managers," remarked Mr. Jamwal tells Asia Asset Management.

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Barilga Corporation JSC’s net profit reaches MNT 10.3 billion www.gogo.mn

Barilga Corporation JSC, MSE tier III listed firm, presented its 2017 financial report. According to the report, the sales income reached MNT 10.3 billion in 2017, around 25 percent growth compared to the same period of the previous year. The company informed that the construction of the library of National University of Mongolia and continuation of subcontract with Oyu Tolgoi were the key reasons for the growth.

In addition, the company faced MNT 18 million loss from the foreign exchange rate last year. However, the net profit of Barilga JSC increased by 2.8 times compared to that of 2016 with MNT 397.2 million. The company officials highlighted that their operations restored significantly as they were running on MNT 103 million deficit in 2016.

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