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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UN rights expert urges Mongolia to protect www.environment jurist.org

[JURIST] Special Rapporteur on human rights and the environment John Knox [official profile] called [press release] on Mongolia Wednesday to protect the environment.

The call [transcript] came as a result of economic and cultural implications the nations agricultural community is facing as a result of expanding the expanding mining industry. Knox found that while Mongolia has comprehensive environmental legislation, it lacks a necessary implementation framework, causing damage to the environment. He also said that areas in Mongolia are some of the most polluted due to coal burning affecting the air and mining poisoning the water supply:

This air pollution interferes with the rights to life and health because it causes respiratory and cardiopulmonary illnesses that lead to premature mortality. The effects are felt most severely by the most vulnerable, including the old and the ill. Many studies have shown that children are particularly at risk. For example, in 2016, UNICEF estimated that over 400 children under the age of five were dying every year in Ulaanbaatar as a result of pneumonia related to air pollution. In addition, exposure to air pollution in childhood can result in long-term health problems, including lung cancer and cardiovascular disease.
He called on on Mongolia to standardize mining procedures to safeguard the environment:
Mining standards should ensure that the mining is done safely, that it minimizes environmental harm, and that after the mining is completed, the site is restored as far as possible to its original status. Unavoidable harm should be offset and/or compensated. When done correctly, this process can and should result in benefits not only for the country as a whole, but also for the local communities directly affected by the mining.
More importantly he urged Mongolia to protect indigenous land rights activists, noting recent attacks and threats of violence leveled against environmentalist and human rights defenders.

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UN expert criticizes Mongolian 'Gold' programme www.news.mn

Mr John Knox, a UN independent expert on human rights and the environment has visited Mongolia for the first time. The UN expert met Mongolian government officials and visited the Zaamar soum.

Mr Knox noted that Mongolia has better statistics than many countries on human rights and environment, but still has some problems. He said, ‘Air-pollution in Ulaanbaatar, water and soil-pollution along the banks of the River Tuul have become very serious problems in Mongolia. Generally, Mongolians are known as having a positive attitude to the environment, nevertheless coal ash and rubbish has been scattered along River Tuul.

During his visit to Zaamar soum, the UN expert warned that environmental pollution is reaching a critical level. Also, Mr Knox criticized the ‘Gold’ programme, implemented by the Mongolian government over the environment situation.

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The 2nd China-Mongolia Expo held in Hohhot www.china.org.cn

The second China-Mongolia Expo and High Level Forum on China-Mongolia-Russia Cooperation kicked off in Hohhot, capital of north China's Inner Mongolia Autonomous Region, on Sept. 26, 2017.

The 2nd China-Mongolia Expo and High Level Forum on China-Mongolia-Russia Cooperation kicks off in Hohhot, on Sept. 26, 2017. [Photo by Zhao Shan /China.org.cn]

Under the theme "Construct the China-Mongolia-Russia (CMR) Economic Corridor, embrace global win-win cooperation," this biennial event serves as an important platform and provides a new possibility of foreign exchange between China and its neighboring countries.

Li Jiheng, Secretary of the Party Committee of Inner Mongolia Autonomous Region & Director-General of the Standing Committee of Inner Mongolia Autonomous Region, delivered a keynote speech at the opening ceremony on Tuesday morning which stated that Inner Mongolia would actively pursue the neighborhood diplomacy of amity, sincerity, mutual benefit and inclusiveness put forward by China's President Xi Jinping.

"As the host of the China-Mongolia Expo, Inner Mongolia will make full use of its advantages to create a sound environment to actively incorporate itself into the Belt and Road Initiative, enhancing cooperation between China, Mongolia and Russia," Li Jiheng said.

"This Expo is vital for developing a China-Mongolia comprehensive strategic partnership. Mongolian delegates will further understand China and Inner Mongolia Autonomous Region's industrious developments, advanced technologies and experience; Chinese delegates and foreign delegates can also know more about Mongolian economic and social developments," Sanjmyatav, Vice Chairman of the State Great Hural (Parliament) of Mongolia, said.

Before the opening ceremony, the leaders of China and Mongolia inspected the exhibition at Inner Mongolia International Convention and Exhibition Center and talked with worldwide exhibitors. "It's my second time to attend the China-Mongolia Expo. This Expo provides me opportunities to expand distribution channels. I plan to set up a factory in Hohhot later," said Erdenechuluun Ochir, a Mongolian exhibitor.

Russia is invited as the special guest to promote the influence of the Expo. Their involvement will speed up the construction of the CMR Economic Corridor, expand multilateral cooperation and promote progress in international exchanges.

This year's expo, the main venue of which covers a total exhibition area of 49,000 square meters, will end on September 30.

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Safe zones to be established to export meat www.montsame.mn

Ulaanbaatar /MONTSAME/ During its regular meeting, the Acting Cabinet resolved to take following measures on creating a segregated zone safe from infectious diseases in domestic animals.

- The Acting Cabinet met Wednesday and assigned the Governors of Arkhangai, Bayankhongor, Bulgan, Gobi-Altai, Darkhan-Uul, Dundgobi, Uvurkhangai, Umnugobi, Zavkhan, Tuv, Uvs, Khuvsgul and Selenge aimags to segregate safe zones from which meat will be exported, allocate fodder lands in compliance with relevant laws and regulations and support foreign and domestic investment and initiatives.

- Acting Minister of Food, Agriculture and Light Industry P.Sergelen and Director of General Agency for Specialized Inspection N.Tsagaankhuu and corresponding Governors were tasked to take necessary measures to create and quarantine the safe zones and monitor the movement of domestic animals.

- Moreover, the corresponding officials were ordered to establish safe zones near border stations with foreign and domestic investment based on an agreement with specialized bodies of the neighbor countries.

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Canadian steel producer Stelco plans $150-million IPO www.mining.com

Stelco Holdings Inc. announced today that it has filed a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada and obtained a receipt in respect of its proposed initial public offering of common shares.

The Hamilton-based company, which emerged from bankruptcy protection three months ago and is owned by U.S. restructuring firm Bedrock Industries Group LLC, plans to raise $150-million in the share sale that could have a total market value of about $1 billion.

Goldman Sachs & Co. and BMO Capital Markets are acting as joint bookrunners for the offering, while the company is preparing an IPO marketing campaign that targets Canadian and U.S. investors.

Besides making early payments to its pension plans, the money would be injected into the company’s mills that produce galvanized and galvannealed products, primarily used for construction and automotive applications.

The century-old steelmaker operates two facilities in Ontario, one in Nanticoke that processes 3.7 million tonnes a year, and another one in Hamilton, whose capacity is of 2.8 million tonnes of steel annually.

In a recent restructuring, Stelco was able to eliminate $3-billion in debt and $1.4-billion in pension and benefit obligations. Previous to Bedrock’s takeover, the company had already filed for bankruptcy and finally emerged from protection in 2007 when U.S. Steel Corp bought it for $1.1 billion.

According to the Globe and Mail, as of June 30, the company’s only red mark on its balance sheet was $68-million drawn on a $375-million asset-backed credit facility.

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Baby boom in Mongolia leads to ballot system for kindergarten spots www.straitstimes.com

ULAN BATOR (AFP) - Mongolia's baby boom is pushing its schools to breaking point, with desperate parents facing the stark choice of relying on a lottery system or paying for pricey private classes in capital Ulaanbaatar.

Spots in coveted government-funded kindergartens, for children aged two to five, are determined by an online ballot. Those who miss out risk being left out of the early years education system altogether - unless they can afford a fee-paying option.

Mr Sukhbaatariin Boldbaatar and his wife cannot afford a private nursery for their two-year-old son - he is looking for work, while she cares for their one-month-old infant at home."We thought we would win and we were going to buy his school material," Mr Boldbaatar said. "But we received a text message saying he was not selected. At that moment I thought, 'how could they treat a two-year-old based on luck'."

The city's publicly funded kindergartens have space for just half of the 146,000 children between the ages of two and five who live there, according to the municipal education department.

Experts blame the shortage on bad government policy and poor long-term planning. The majority of Mongolia's state-run schools were built during the Soviet era, and relatively few new facilities have been added since the country became democratic in 1990.

Those who do get in face crammed classrooms and overburdened teachers as resources are stretched.

Fed up with having to work in jammed classes for low pay, public school teachers went on strike on Sept 21 and on Sept 26.

The 122nd kindergarten of Bayanzurkh has 660 students, double its capacity.

"We had to adapt to working with over 60 pupils (per classroom)," said teacher Tsergiin Bayalag.

"This double workload doesn't just affect teachers. The cooks must make twice as much food. I want the government to pay a good enough salary for teachers," he added.

The overcrowding also poses health risks, with germs and the flu being passed around, leaving hospitals struggling to attend to a high number of sick children.

Those with a high enough income no longer even bother with the ballot as the private options offer better learning environments.

Poorer families, who do not secure a place in the public system, have little choice but to keep their children at home until age six, as kindergarten is not compulsory.

Mongolia's birth rate has soared from 18.4 babies per 1,000 population in 2006 to 25.4 per 1,000 last year, according to the national statistics office. There were some 49,000 births a decade ago, compared to around 80,000 last year.

A possible explanation is that a generation from a previous baby boom in the 1980s has reached reproductive age.

In the capital, where half of the country's population lives, internal migration of jobless herders from rural areas has added to the problem.

Executive director Batkhuyagiin Batjargal of the Mongolian Education Alliance NGO, said the crisis is the result of bad public policy. "There were enough warning signs, but not enough measures taken."

Birth rates soared in the Year of the Golden Pig in 2007, as Mongolians believe that year brings wealth, but little was done in anticipation of the extra demands on resources as those babies grew up.

The government is building schools in the ger, or slum, districts of Ulaanbaatar, but the country's debt problems have restricted spending.

Secondary schools are also packed but there is no lottery to enrol as the constitution guarantees free education to all children from the age of six.

Ms Lkhagvasurengiin Oyunchimeg, who has 44 students in her class at School Number 65, cannot find empty classrooms to give extra classes to children who lag behind.

"Sometimes, we work with those kids in the corridors," Ms Oyunchimeg said, "but the corridor is not a proper study area and they get easily distracted."

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Trading report www.mse.mn

On September 27, 2017, 202,556 shares of 31 firms listed as Tier I, II, and III were traded. 14 firms’ shares increased, 11 decreased in price and 7 remained unchanged. Mongol Keramik JSC was the top performer, increasing 15.00 percent, whereas Ulsyn ikh delguur JSC was the worst performer, decreasing 9.43 percent.

On the secondary market for corporate bonds, 1,642 bonds worth MNT 184,795,120 were traded and 24,919 bonds worth MNT 2,446,049,040 were traded by the block.

The MSE ALL Index rose 0.42 percent to stand at 1068.98. The MSE market cap stands at MNT 2,094,869,771,139 .

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Financial cooperation association of China and Mongolia set up in Hohhot www.db.silkroad.news.cn

HOHHOT, The financial cooperation association of China and Mongolia has been set up in Hohhot on September 26 under the leadership of Baoshang Bank and Trade and Development Bank of Mongolia with the participation of 33 financial institutions from both countries.

The financial cooperation association of China and Mongolia held a signing ceremony on the day, during which 27 financial institutions from China and 6 counterparts from Mongolia inked a strategic memorandum of understanding (MoU) to become members of the association.
Li Zhenxi, president of Baoshang Bank, introduced that the financial cooperation association of China and Mongolia is a non-profitable, open cross-border financial cooperation organization. Based on the purpose of “resource sharing, advantage complementarity and mutual benefit,” it aims to establish a highly effective development regime to promote China-Mongolia economic and trade exchange and facilitate an all-around cooperation between the two countries.
“With the deep implementation of the Belt and Road Initiative, the association is bound to guide economic restructuring and upgrading of China and Mongolia and even the northeast Asia in a bid to improve economic relationship between the two countries and make greater contribution to the China-Russia-Mongolia economic corridor,” added Li.
The financial cooperation association of China and Mongolia is expected to help realize advantage complementarity among its members in risk control, research consultation, investment project cooperation and cross-border capital operation, and carry out cooperation in cross-borer settlement, financing and e-commerce.

 
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China interested in buying meat from Mongolia www.montsame.mn

Hohhot /MONTSAME/ A forum on the Mongolia-China agricultural cooperation, manufacturing and processing of products has been held in Hohhot, Inner Mongolian Autonomous Region in frames of the Mongolia-China Expo.

P.Sergelen, Acting Minister of Food, Agriculture and Light Industry attended the forum, talking about a possibility of Mongolia to export meat.

“Mongolia has vast experience in animal husbandry. To the extent of a gradual increase in livestock number in Mongolia, the country is able to maximize the meat reserve and export 128.5 thousand tons of meat. As of present, 24 slaughtering houses and six processing factories have been licensed by inspection institutions of Russia, China, Vietnam and Iran. These factories will export meat, which is supplied from ten aimags after performing laboratory examinations,” the Minister underlined.

Deputy Director of the China’s Promotion Center for Agricultural Trade Zhang Shaowang pointed out that China is interested in buying Mongolian meat because of its freshness and hygiene. He said China is possible to render assistance to Mongolia for the animal husbandry as China has advanced technologies. He hopes that the Mongolia-China Expo would contribute to the bilateral cooperation in the agricultural sphere.

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Mongolia Recovery Exceeds Expectations www.financialtribune.com

Mongolia’s strong economic performance in the first half of 2017 will likely continue for the rest of the year, as coal exports and business confidence continue to strengthen. Continued commitment to macroeconomic stability, coupled with a favorable external environment, should mean that Mongolia’s recovery continues, according to a new Asian Development Bank report, Finchannel reported. In an update of its flagship economic publication, Asian Development Outlook 2017, ADB forecasts continued growth for Mongolia’s economy at 4% and 3% in 2017 and 2018, respectively, compared to the 2.5% and 2% previously projected. “Mongolia’s growth has been stronger than expected in 2017,” said Yolanda Fernandez Lommen, ADB country director in Mongolia. “Continued government commitment will be key to ensuring that planned investment into large ongoing mining projects—critical for future growth prospects—moves ahead. While it is important to create a sound investment environment in Mongolia’s mineral wealth, more will be needed to ensure that mining-led growth is sustainable and inclusive, and the conditions are created to support economic diversification and higher productivity growth.”

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