1 VALE EVACUATES 200 PEOPLE FROM TOWN NEAR ITS MAR AZUL MINE WWW.MINING.COM PUBLISHED:2019/02/17      2 TOOTH PLAQUE SHOWS DRINKING MILK GOES BACK 3,000 YEARS IN MONGOLIA WWW.SCIENCENEWS.ORG  PUBLISHED:2019/02/17      3 INCREASING NUMBER OF CHINA-EUROPE FREIGHT TRAINS SUPPORTS MONGOLIA'S ECONOMY: OFFICIAL WWW.XINHUANET.COM PUBLISHED:2019/02/17      4 TAX REVENUE INCREASES BY 33.7 PERCENT WWW.MONTSAME.MN PUBLISHED:2019/02/17      5 COPPER MINER'S $10B BET COMES TO LIFE IN PANAMA JUNGLE WWW.MINING.COM PUBLISHED:2019/02/15      6 TRADE UNIONS REQUEST PM TO FOCUS ON INTEREST RATE CUT WWW.ZGM.MN PUBLISHED:2019/02/15      7 MONGOLIA’S HOURLY WAGE TO REACH USD 1 WWW.NEWS.MN PUBLISHED:2019/02/15      8 US NARCOTICS BY POST TO MONGOLIA! THREE ARRESTED WWW.NEWS.MN PUBLISHED:2019/02/15      9 WRITER D.URIANKHAI NOMINATED FOR THE NOBEL PRIZE WWW.MONTSAME.MN PUBLISHED:2019/02/15      10 MONGOLIA-CHINA-RUSSIA ECONOMIC CORRIDOR BENEFITS ALL SIDES: OFFICIAL WWW.XINHUANET.COM PUBLISHED:2019/02/15      “ОЮУ ТОЛГОЙ” КОМПАНИ 570 ТОННЫ ДААЦТАЙ CAT БРЭНДИЙН ГИДРАВЛИК ЭСКВАТОРООР ХҮЧЭЭ СЭЛБЭЛЭЭ WWW.GOGO.MN  НИЙТЭЛСЭН:2019/02/15     ӨРХИЙН САРЫН ДУНДАЖ ОРЛОГО 78,000 ТӨГРӨГӨӨР ӨССӨН Ч ЗАРЛАГА ДАВСАН ХЭВЭЭР БАЙНА WWW.IKON.MN НИЙТЭЛСЭН:2019/02/15     АВСТРАЛИЙН ЭЛЧИН САЙД ДЭВИД МЭТЬЮ ВОСЭН ИТГЭМЖЛЭХ ЖУУХ БИЧГЭЭ ӨРГӨН БАРИВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2019/02/15     2018 ОНД МОНГОЛ УЛСЫН ЭДИЙН ЗАСАГ 6.9 ХУВИАР ӨСЛӨӨ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/02/15     МХБ: II/15-НЫ БАЙДЛААР 8 КОМПАНИ ХЭХ-ЫН ТОВОО ГАРГААД БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/02/15     2017 ОНД 1.9 ТЭРБУМ ТӨГРӨГИЙН АЛДАГДАЛТАЙ АЖИЛЛАСАН “УЛААНБААТАР БҮК” 2018 ОНД 566 САЯ ТӨГРӨГИЙН АШИГТАЙ АЖИЛЛАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/02/15     ОРХОН ТҮҮХИЙ НҮҮРСНЭЭС ТАТГАЛЗСАН АНХНЫ АЙМАГ БОЛНО WWW.UNUUDUR.MN НИЙТЭЛСЭН:2019/02/15     АТГ-ААС НЭР БҮХИЙ 6 ШҮҮГЧИЙГ ШАЛГАЖ ЭХЭЛЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2019/02/15     МОНГОЛ УЛС ДЭЛХИЙН 77 ОРОНД БАРАА ЭКСПОРТОЛСНООС ХЯТАДАД 93%-ИЙГ НЬ НИЙЛҮҮЛЖЭЭ WWW.IKON.MN  НИЙТЭЛСЭН:2019/02/14     АВТО МАШИНЫ ИМПОРТ 2018 ОНД 30% ӨСӨЖ, 86,296-Д ХҮРЧЭЭ WWW.IKON.MN  НИЙТЭЛСЭН:2019/02/14    

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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Oyu Tolgoi receives Tax Act from Mongolian Tax Authority www.montsame.mn

Ulaanbaatar /MONTSAME/ Turquoise Hill Resources announced through a news release issued on January 15 that Oyu Tolgoi LLC has received, and is evaluating, a Tax Act (“tax assessment”) for approximately USD 155 million from the Mongolian Tax Authority relating to an audit on taxes imposed and paid by Oyu Tolgoi LLC between 2013 and 2015.

Turquoise Hill is of the firm view that Oyu Tolgoi LLC has paid all taxes and charges required under the Investment Agreement (and reconfirmed in the Underground Mine Development and Financing Plan) and Mongolian law.

The tax assessment is being evaluated by Oyu Tolgoi LLC and a response will be issued within the timeframe required by Mongolian Law.
source: Turquoise Hill

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South Korea to increase Mongolia's quota of workers www.montsame.mn

Ulaanbaatar /MONTSAME/ Mongolia’s Prime Minister U.Khurelsukh attended a breakfast meeting hosted by South Korea’s Minister of Employment and Labor Kim Young-Joo.

Minister Kim Young-Joo mentioned the Ministry’s plan to increase quota of Mongolians working in South Korea due to good results of people who worked in Korea in 2017 and decreasing number of illegal immigrants. Moreover, she has spoken about a possibility for implementing a project to establish a database connecting employers and job seekers in order to increase work opportunities.

The system is being successfully implemented in countries such as Cambodia and Vietnam. The creation of a database will allow a job seeker to get information on job vacancies in South Korea online and directly on their phones without time and distance restrictions, reported the Cabinet’s Press and Public Relations Department.

O.Onon

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Mongolia named as an ethical destination for 2018 www.montsame.mn

Ulaanbaatar /MONTSAME/ Mongolia has been named as one of the world’s ten best ethical destinations for the third time this year.

US-based nonprofit organization Ethical Traveler released the list of ten most ethical travel destinations in 2018, which includes Mongolia along with Belize, Benin, Chile, Colombia, Costa Rica, Palau, St. Kitts & Nevis, Uruguay and Vanuatu.

The award ceremony was held on January 13 in California, the US, and Consul General of Mongolia in San Francisco E.Galbadral received the certificate on behalf of Mongolia.

Every summer, the Ethical Traveler conducts a survey in developing nations with focus on three aspects – environmental protection, social welfare and human rights, as a result of which the list is created.

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Zud alert: Heavy snow blankets southern Mongolia www.news.mn

In Uvurkhangai, Mongolia's southernmost province there has been a very heavy snowfall of up to 90 cm. As a result the authorities have declared an emergency 'zud' situation. This province is hugely important for livestock production; as of December, there were 5 million 744 thousand animals in December. However, after last year's unusually dry summer the situation is serious. In 7-8 soums (districts) of Uvurkhangai the situation is already critical as snow covered up to 80-90 cm.

The authorities have established three hay and fodder stockpiles across the province. In anticipation of the worst possible scenario, food, fuel and insulation materials are being distributed among the neediest families.

'Zud' is a Mongolian word used to describe one of several forms of winter calamities, all of which result in the loss of livestock.

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Meat prices rise at Mongolia's markets www.news.mn

According to the National Statistical Office, prices of five different meat products have increased on the previous week. The statistics considered the prices of 37 diversified products at 17 food markets in six districts of the capital Ulaanbaatar.

As for 10 January, 2018, mutton rose by 0.2-0.27 percent or MNT 10-14 per kg, beef by 0.16-0.26 percent or MNT 10-20 kg; horse meat is currently averaging MNT 4900.

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WHO provides equipment to primary medical units www.montsame.mn

Ulaanbaatar /MONTSAME/ On January 15, 97 laboratory centrifuges were handed over to primary medical units within the frame of the ‘Whole Liver Mongolia’ national program.

The equipment worth USD 114 million 382,400 was provided by the World Health Organization, making it possible for the primary medical units to conduct tuberculosis diagnosis and hepatitis C virus tests in their localities.

Based on tuberculosis report from provinces, the equipment will be distributed to primary medical units in Uvs and Sukhbaatar aimags initially.

Within the ‘Whole Liver Mongolia’ program, hepatitis B, C tests are being conducted among the population, financed by the Health Insurance Fund. On the national level, the program has reached 353,445 people, who make up about 47.1 percent of the target group.
Kh.Aminaa

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Leaders of S. Korea, Mongolia vow to improve ties, work for denuclearization of N. Korea www.yonhapnews.co.kr

SEOUL, Jan. 15 (Yonhap) -- South Korean President Moon Jae-in and Mongolian Prime Minister Ukhnaa Khurelsukh called for efforts to upgrade their countries' relationship on Monday, while also pledging joint efforts to peacefully denuclearize the Korean Peninsula.

In a meeting held at the South Korean presidential office, Cheong Wa Dae, the visiting Mongolian prime minister said his country fully supports Moon's initiative to peacefully resolve the North Korean nuclear issue and establish peace on the Korean Peninsula.

"The Mongolian government will continue to support the policy initiatives you, Mr. President, have proposed to reduce tension and establish peace and stability on the Korean Peninsula," Khurelsukh said, according to Cheong Wa Dae pool reports.

South Korean President Moon Jae-in (R) shakes hands with Mongolian Prime Minister Ukhnaa Khurelsukh in a meeting held at his office in Seoul on Jan. 15, 2018. (Yonhap) South Korean President Moon Jae-in (R) shakes hands with Mongolian Prime Minister Ukhnaa Khurelsukh in a meeting held at his office in Seoul on Jan. 15, 2018. (Yonhap)

Moon proposed the countries work together to upgrade their ties into a "comprehensive partnership," noting they shared a long history of friendship.

"South Korea and Mongolia are very close ethnically, historically, culturally and geographically. They both pursue common goals of democracy and market economics," he told the Mongolian prime minister. "Also, they share a common goal of peace in Northeast Asia."

Khurelsukh arrived here earlier in the day for a three-day visit. He is set to attend a joint business forum and meet other Korean leaders before heading home on Wednesday. The Moon-Khurelsukh meeting also involved Mongolia's Foreign Minister Damdin Tsogtbaatar and other visiting officials, including lawmakers.

Monday's meeting came about four months after Moon and his Mongolian counterpart Khaltmaagiin Battulga agreed to increase exchange and cooperation between their countries in a bilateral summit held on the sidelines of a regional economic forum in Vladivostok, Russia, in September.

South Korea and Mongolia established diplomatic ties in 1990.

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New Delhi hosts Conference on Mongolia-India Relations www.akipress.com

AKIPRESS.COM - The 2nd Conference on Mongolia-India Relations was held on January 9 at the Jawaharlal Nehru University (JNU) of New Delhi, India.

The conference patronized by Mongolian President Khaltmaa Battulga as a vice-President of the International Association for Mongol Studies opened with remarks of Ambassador of Mongolia to India G.Ganbold, ICCR President V.Sahasrabuddhe, IF director Dhruv C.Katoch and JNU vice-chancellor J.Kumar, Montsame reported.

At the conference, Mongolian and Indian researchers and scholars including Prof D.Purevjav, director of International Institute for the Study of Nomadic Civilizations, and Prof Sharad Soni, chairperson of the Centre for Inner Asian Studies, School of International Studies, JNU held discussions under the topics on Mongolia-India relations and Mongolian script and historical cultural memorials.

Jointly organized by Mongolia’s Embassy to the Republic of India, Indian Council for Cultural Relations (ICCR) and India Foundation (IF), the conference also touched upon issues on broadening bilateral relations and cooperation in trade, economy, agriculture and health sectors and scheduled to organize the next conference in Ulaanbaatar city.

Alongside the main event, an exhibition was opened to display books, photos and magazines on Mongolia published in the past two years in India.

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Ford to boost investment in electric cars by 2022 www.bbc.com

Ford says it will boost its investment in electric vehicles to $11bn (£8bn) in the next five years, more than doubling a previous commitment.

Chairman Bill Ford said the car maker would have 40 hybrid and fully electric vehicles in its range by 2022.

It comes as countries around the world put more pressure on car makers to rein in carbon emissions.

General Motors, Toyota and Volkswagen have already outlined ambitious plans to offer more electric vehicles.

Speaking at the Detroit Auto Show on Sunday, Mr Ford said the focus would be on electrifying existing Ford models without naming any specific cars.

He said the firm would offer 16 fully electric vehicles by 2022 and 24 plug-in hybrids.

Mr Ford told reporters: "We're all in on this and we're taking our mainstream vehicles, our most iconic vehicles, and we're electrifying them.

"If we want to be successful with electrification, we have to do it with vehicles that are already popular."

Stephanie Brinley, a senior automotive analyst at IHS Markit, said it was part of a bigger trend of car makers investing in electrification.

"Part of it is about tougher regulation but also the expectation that electric vehicles will support autonomous driving.

"The big question is how quickly consumers will adapt, as electric is only 1% of the market right now.

"Changing that will take better infrastructure on our roads, but also having more electric vehicles available."

Competitors investing
Last year, America's biggest carmaker GM said it would add 20 new battery electric and fuel cell vehicles to its range by 2023.

Volkswagen said in November it would spend $40bn on electric cars, autonomous driving and new mobility services by the end of 2022 - doubling a previous commitment.

Ford's $11bn investment pledge is much higher than a previously announced target of $4.5bn by 2020 and was spearheaded by new chief executive Jim Hackett.

During the Detroit show, Ford teased the release of its first performance electric vehicle - the Mach 1 - without giving any details about how it would look or its spec.

The SUV will be inspired by a Mustang sports car of the same name, made in the 1960s and 70s, and will be released in 2020.

The US firm also unveiled a more fuel-efficient version of its Ranger pick-up truck, the Ranger 2019.

The SUV will have a 2.3-litre EcoBoost engine, 10-speed auto transmission and automatic emergency braking.

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China imported a record amount of iron ore in 2017 www.mining.com

Hunger for high-quality iron ore from Australia and Brazil pushed Chinese imports of the steelmaking ingredient to a record high in 2017.

While shipments were down 11% in December, the full-year totals rose 5% to 1.075 billion tonnes, exceeding a billion tonnes for the second year, according to Reuters trade data.

“Big miners have expanded their production and shipments while China’s crackdown on illegal furnaces that use scrap for production in the first half spurred demand for seaborne iron ore. Appetite for imported iron ore from Chinese steel mills remains strong,” Hellenic Shipping News quoted an analyst with CRU in Beijing, Saturday.

The need for foreign iron ore is explained by China's aggressive campaign to clamp down on polluting domestic steel mills; higher-grade ore limits emissions and boosts productivity. China's position as the largest consumer of seaborne iron ore has moved prices considerably. Global prices jumped 46% last year while Chinese iron ore prices were up 16%.

While the China Metallurgical Industry Planning and Research Institute said it sees iron ore demand and steel output continuing to increase this year, Australia, one of the country's top importers, said Monday it expects prices to fall to $51.50 a tonne in 2018, a 20% drop from last year. This is due to increased world supply and less Chinese demand.

On Friday the prediction appeared to ring true, with the benchmark price for 62% fines falling 1.3% to $78.05 a tonne – the biggest decline since December 27. The weakness was due to slowing demand for steel product, according to Business Insider Australia.

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