1 MONGOLIA-CHINA AGREE TO COLLABORATE IN INCREASING MEAT EXPORT WWW.MONTSAME.MN PUBLISHED:2018/09/21      2 U.S. AND MONGOLIA SEEK TO STRENGTHEN ECONOMIC RELATIONSHIP WWW.STRTRADE.COM PUBLISHED:2018/09/21      3 MONGOLIA, U.S. LEADERS DISCUSS BILATERAL TIES WWW.XINHUANET.COM PUBLISHED:2018/09/21      4 BELT AND ROAD SIGNIFICANT TO MONGOLIA, PEOPLE AROUND WORLD -- ACADEMIC WWW.ENG.YIDAIYILU.GOV.CN PUBLISHED:2018/09/21      5 PETRO MATAD UPDATES MONGOLIA EXPLORATION WWW.OGJ.COM PUBLISHED:2018/09/21      6 RIO TINTO’S EXIT FROM COAL PAYS OFF, TO RETURN $3.2B FROM SALES PROCEEDS TO SHAREHOLDERS WWW.MINING.COM PUBLISHED:2018/09/21      7 OPENING CEREMONY OF SAINSHAND SALKHIN PARK HELD WWW.MONTSAME.MN PUBLISHED:2018/09/21      8 ALIBABA’S MA SAYS TRUMP’S TRADE WAR ‘DESTROYED’ HIS PROMISE TO CREATE JOBS FOR 1MN AMERICANS WWW.RT.COM  PUBLISHED:2018/09/21      9 LEGAL DISPUTE OVER EMC OWNERSHIP COMES TO AN END WWW.ZGM.MN PUBLISHED:2018/09/20      10 ERDENES TAVAN TOLGOI REVENUE SURGES DUE TO HIGHER COAL PRICES WWW.NEWS.MN PUBLISHED:2018/09/20      НУРАХ ДӨХСӨН БАЙРУУДЫГ ШИНЭЧЛЭХ КОМПАНИ ОЛДОХГҮЙ БАЙНА WWW.ZGM.MN НИЙТЭЛСЭН:2018/09/21     МОНГОЛ УЛС ВАШИНГТОН, ПЁНЬЯНЫ ХЭЛЭЛЦЭЭРТ ЗУУЧЛАХАД БЭЛЭН ГЭДГЭЭ ЗАРЛАЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2018/09/21     УЛСЫН ХЭМЖЭЭНД 85.3 МЯНГАН ТОНН ТӨМС ХУРААН АВААД БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/09/21     ЗГ: БУЦАЛТГҮЙ ТУСЛАМЖИЙГ УСНЫ НӨӨЦИЙГ САЙЖРУУЛАХ, ХЭРЭГЛЭСЭН УСЫГ БУЦААН АШИГЛАХАД ЗАРЦУУЛНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/09/21     ҮСХ: УЛААНБААТАРТ АЖИЛЛАГЧДЫН САРЫН ДУНДАЖ ЦАЛИН УЛСЫН ДУНДЖААС 121.7 МЯНГАН ТӨГРӨГӨӨР ИХ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/09/21     МОНГОЛ УЛСЫН ИХ ХУРАЛ, ЕВРОПЫН ПАРЛАМЕНТ ХООРОНДЫН XII УУЛЗАЛТААР ХАМТАРСАН МЭДЭГДЭЛ ГАРГАЛАА WWW.DNN.MN НИЙТЭЛСЭН:2018/09/21     ТӨРИЙН АЛБАНЫ УДИРДАХ АЖИЛТНЫ УЛСЫН ЗӨВЛӨГӨӨН БОЛЖ БАЙНА WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/09/21     2019 ОНЫГ МОНГОЛ, АМЕРИКИЙН ЗАЛУУЧУУДЫН ЖИЛ БОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2018/09/21     УУРХАЙЧДЫН АЖЛЫН БАЙР НЭМЭГДЭЖ, ЦАЛИН ӨСЧ БАЙНА WWW.GOGO.MN НИЙТЭЛСЭН:2018/09/20     “ЭРДЭНЭТ”-ИЙН 49 ХУВИЙН ӨМЧЛӨЛ ТОЙРСОН ХУУЛЬ ЗҮЙН МАРГААН ЭЦЭС БОЛЛОО WWW.ZGM.MN НИЙТЭЛСЭН:2018/09/20    

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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Chronicle plays host to Mongolian mining journalists www.thechronicle.com.au

 
THE search for skills to report on Mongolia's mining resource boom led a group of students all the way to The Chronicle.
 
The group of 20 Mongolian journalists visited The Chronicle's office yesterday as part of a nine-day tour to find out more about how the Australian mining industry worked, how the country's news organisations reported on it and how they could adapt their knowledge to work back at home.
 
Ariunzaya Byambaa was on a break from her normal work at a Mongolian daily newspaper and said there were many parallels between Australia and her country.
 
She said the mining boom had brought many benefits to Mongolia, but there were fierce clashes between nomadic herdsmen and mining companies because grazing land wasn't owned by anybody, yet mining companies were able to come in and put up fences to exclude them from traditional grazing land.
 
There were also environmental concerns because the country's soils were prone to erosion and other problems.
 
"The University of Queensland has won this contract that enables our participants to visit Australia and learn from the Australian experience, which is also a mining-based economy," she said.
 
"This is the fourth phase of the training, which has been carried out for a year.
 
"We will write articles on mining issues and in the final phase we will go home to produce a big product."
 
She said some of the journalists had already written articles about Australia, including our Anzac commemorations, to send home to Mongolia.
 
The project has a wide range of stakeholders including three University of Queensland departments, a German federal-owned international development company and its Mongolian-based subsidiary, Integrated Mineral Resource Initiative.
 
The $300,000 project was aimed at teaching reporters who normally dealt with business and economic reporting to see past headlines and gain a more in-depth knowledge of the issues they were reporting.
 
Lecturer Bruce Woolley from UQ's School of Communication and Arts travelled to Mongolia to deliver a five-day course on principles in journalism and key themes in mining before the group visited Australia.
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Ambassador Paudyal presents credentials before Mongolian President www.nepaliheadlines.com

 
28 April, Kathmandu: Non-resident ambassador of Nepal to Mongolia, Leela Mani Paudyal, presented his letter of credence to President of Mongolia, Tsakhiagiin Elbegdorj, amid a special ceremony organized at the Office of the President, Ulaanbaatar, Mongolia, on Thursday.
 
During the ceremony, Ambassador Paudyal conveyed cordial greetings and best wishes from President Bidya Devi Bhandari as well as from the people of Nepal for the continued peace and prosperity of the people of Mongolia. After the ceremony, the Ambassador had a brief meeting with the Mongolian President, said a press statement released by the Nepali Embassy in Beijing.
 
During the meeting, various bilateral and multilateral issues of mutual interest were shared. Also in the afternoon, Ambassador Paudyal paid a courtesy call on Minister for Foreign Affairs of Mongolia, Tsend Munkh-Orgil. The Foreign Minister congratulated Ambassador Paudyal for presenting his letter of credence to the President of Mongolia.
 
The Ambassador expressed his appreciation for the excellent arrangements made since his arrival in Ulaanbaatar. He conveyed that the Government of Nepal is in the process for the accession to the International Think Tank for Landlocked Developing Countries. He also expressed his views that there are lots of opportunities to promote bilateral relations between Nepal and Mongolia in fields of tourism, culture, trade, investment and people-to-people contacts.
 
The Foreign Minister requested Ambassador Paudyal to support for the construction of Mongolian monastery in Lumbini. He further shared about the idea of developing Buddhist circuit for Buddhist pilgrimage. Ambassador Paudyal also visited office of the International Think Tank for Landlocked Developing Countries, where he had a meeting with Erdenetsogt ODBAYAR, Ambassador-at-Large.
 
During the meeting both sides underlined the importance of cooperation and collaboration between and among the landlocked developing countries for meeting challenges posed by their development status, geographical location and climate change. Ambassador Paudyal is to present two papers on investment opportunities and tourism to the selected business communities this evening.
 
 
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Japan, Russia to sign 29 economic deals www.nhk.ro.jp

Japan and Russia have agreed to sign 29 deals to move forward on an economic cooperation plan proposed by Japanese Prime Minister Shinzo Abe last year.

Japan's Minister for Economic Cooperation with Russia, Hiroshige Seko, and Russia's First Deputy Prime Minister Igor Shuvalov have agreed on revising a work program for Abe's 8-point economic plan. They will release a joint statement.

The revised one will include projects such as building a preventive medicine and diagnostic center and boosting support for neonatal care.

The 29 agreements and memoranda of understanding will be made at the government, corporate and other levels. The signings are timed to coincide with the latest summit between Abe and Russian President Vladimir Putin.

Japan's land ministry and Russia's construction and housing ministry will sign a memorandum to increase cooperation in creating a comfortable urban environment.

The authorities of Japan's Yamaguchi Prefecture and Russia's Krasnodar region will strike a deal to encourage cooperation in culture, tourism and other areas.

A Japanese trading company and a Russian pharmaceutical firm will ink a stock transfer contract to form a capital tie-up.

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Mongolian aviation revenue increases www.news.mn

The revenue of the Mongolian aviation industry reached 56.75 billion MNT, a nine percent increase compared to the previous year, and the industry’s number of customers served rose to 152,200 in the first quarter of 2017, reported the National Statistics Office (NSO).

The increase in revenue is linked to a 53.4 percent increase in the number of domestic travellers. In the first quarter of 2017, a total of 64,600 passengers flew on domestic flights. International travel only increased by 2.2 percent, totalling 87,500 passengers.

As highlighted by the NSO, passenger baggage has been steadily declining, as evidenced by an annual amount of 635.8 tons of cargo transported. The volume of air shipments has been increasing, with an 18.2 percent increase to 70.3 tons compared to last year. NSO officials said that the volume of air shipments has risen each year.

Analysts have pointed to the increase in air cargo as a positive sign of development in the Mongolian aviation industry. As air travel becomes cheaper and the economy improves, the trajectory of growth appears to be sustainable. The largest aviation company in the nation, MIAT, has been working to increase their routes, with new direct flights to Busan in South Korea, and Bangkok in Thailand, being offered in June 2017.

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Erdenet Mining Corporation named Best Business of 2016 www.montsame.mn

Ulaanbaatar /MONTSAME/ “Corporate sector produces 80 percent of GDP, providing 90 percent of jobs on the national level”, remarked Prime Minister J.Erdenebat during a ceremony to award the best 100 Businesses of 2016 hosted in State House on April 27, Thursday.

National copper mine Erdenet Mining Corporation led the 2016 list of Top Businesses, to be followed by Oyu Tolgoi LLC, Khan Bank, Trade and Development Bank, NIK LLC, XacBank, APU Trading, State Bank, Golomt Bank and Mobicom Corporation for the leading spots.

“The 100 companies that have led the corporate sector in 2016 constitute more than half of tax revenue”, the Prime Minister added, congratulating the leading businesses on their growth and accomplishments of last year.

In his speech, the Prime Minister reiterated that his Cabinet strives to improve business environment, talking about the crucial role of cooperation between government and private sector in stimulating a pleasant business environment and adopting and promoting ideal corporate management and governance.

“The private sector in Mongolia has progressed over the last 20 years to stand firmly on its feet, yet there is always room for improvement and correction of mistakes”, Prime Minister J.Erdenebat noted. “Government and private sector share a same road which should lead Mongolia to a better future; thus, we need to join efforts effectively”.
Kh.Aminaa

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Mongolian senior invited to Queen Elizabeth’s birthday www.montsame.mn

Ulaanbaatar /MONTSAME/ Senior citizen of Mongolia Ts.Tsesendolgor has been invited to the birthday celebration of the Queen Elizabeth II of the United Kingdom, which will be held on June 17. Mrs. Ts.Tsesendolgor was chosen to be invited through application “what3words” and the Permanent Under-Secretary of State for Foreign and Commonwealth Affairs Simon McDonald and Ambassador of the UK to Mongolia Catherine Arnold handed over the invitation letter to Mrs Ts.Tsesendolgor on April 27, visiting her home in Khan-Uul district of Ulaanbaatar.
The Queen celebrates two birthdays every year: her actual birthday falls on 21 April and her official birthday on the second Saturday of June.

B.Ooluun

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China Unicom to cut roaming charges along Belt and Road www.chinadaily.com.cn

TIANJIN - Telecom giant China Unicom will lower international roaming charges in countries and regions along the Belt and Road starting May 1.

 
Roaming fees for calls made by China Unicom users will fall by an average 52 percent in 17 countries and regions, while data roaming fees will fall by an average 75 percent in 19 countries and regions.
 
The Belt and Road Initiative proposed by China in 2013 consists of the Silk Road Economic Belt and the 21st-Century Maritime Silk Road. It aims to build a trade and infrastructure network connecting Asia with Europe and Africa along and beyond ancient Silk Road trade routes.
 
Earlier this week, China Mobile, the country's leading telecom services provider, announced that it would lower roaming charges in 64 countries and regions along the Belt and Road starting May 1.
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Google becomes first foreign tech firm to set up shop in Cuba www.rt.com

 
US technology monolith Google has started running servers in Cuba, becoming the first international content provider in one of the world's least connected countries.
The local data center opened by Google will hold information such as YouTube videos for streaming rather than having to connect through the long submarine cable that links the country to the internet.
The move provides Cubans with an opportunity to access the web through the nearest Google server in their country.
“I think this will be very noticeable for Cubans. The internet in Cuba will still be a painfully slow process. This is just another somewhat rare step forward. For Google services, which will be hosted in the country, it will be a milestone,” said Doug Madory, director of internet analysis at the global internet monitoring company Dyn.
Even with the changing political landscape and more openness in Cuba, the country still has the lowest level of internet connectivity in the western hemisphere.
Most people can only log on to the internet through 240 public access Wi-Fi hotspots dotted around the country. An hour of internet time costs around $1.50. That is almost unaffordable for the majority of Cubans, whose average salary is about $25 per month.
The Cuban government’s monopoly telecom Etecsa has recently started a pilot program providing internet connections to 2,000 homes. However, as soon as the pilot is over, Cubans will have to pay $15 for 30 hours of internet at a slow speed of 128 kilobytes per second.
Google admits the move to localize the servers will not have any visible impact on the situation with no increase in internet access for an average Cuban.
“Cubans who already have access to the internet and want to use our services can expect to see an improvement in terms of quality of service and reduced latency for cached content,” Google executives wrote in a blog shortly after the deal between Havana and the tech giant was signed.
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Samsung flags record profits despite Galaxy Note fiasco & corruption probe www.rt.com

 
Despite the Galaxy Note 7 debacle and company head in jail on corruption charges, Samsung Electronics reported its best quarter profits in more than three years.
The primary boost to the results came from the robust performance of the South Korean company’s chip business.
Samsung’s operating profit jumped 48 percent to 9.9 trillion won ($8.73 billion) matching the company's earlier guidance. Revenue grew two percent to 50.5 trillion won ($45.53 billion).
Asia's most valuable company by market capitalization said that expects a further increase in memory chip orders and growth in earnings from the phone business.
Samsung has refused to adopt a holding company structure, rejecting calls from US activist hedge fund Elliott Management to split itself in two, but accepted part of the fund's proposals.
“Samsung concluded the risks and the challenging environment surrounding a change in the corporate structure would not be beneficial for enhancing shareholder value and sustaining long-term business growth,” the company statement reads.
The South Korean multinational also announced a share buyback worth 2.3 trillion won ($2.03 billion).
Pre-orders for the Galaxy S8 smartphone launched earlier this month managed to beat analysts’ expectations. That raises hopes the corporation could make up for the misstep and the mammoth recall of the fire-prone Galaxy Note 7s last year.
Last October, Samsung ended the troubled smartphone following the recall of 2.5 million handsets. The firm’s mobile branch reported a smaller operating profit of 2.07 trillion won ($1.83 billion), down from 3.89 trillion won ($3.43 billion) a year earlier.
“Looking ahead to the second quarter, the company expects to achieve growth on the back of continued robust memory performance together with improved earnings from the mobile business following the global rollout of the Galaxy S8 and S8+,” Samsung said in a statement.
Despite the solid earnings, the company remains involved in a scandal, with chief Jay Y. Lee currently on trial for alleged participation in a corruption case that brought down South Korean President Park Geun-hye. Lee denies the charges that include bribery and embezzlement.
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United Airlines reaches settlement with passenger dragged from plane www.reuters.com

United Airlines (UAL.N) and the passenger who was dragged from a Chicago flight earlier this month have reached a settlement for an undisclosed sum, they said on Thursday, in the carrier's latest step to contain damage from an incident that sparked international outrage.

Viral videos of Dr. David Dao being dragged down the aisle of a United jet and Chief Executive Oscar Munoz's handling of the incident touched off a public outcry, prompted calls from congressmen for new industry regulation, and led United's board of directors to reverse an agreement to make Munoz company chairman in 2018.

United said earlier on Thursday that it would offer passengers who give up their seats up to $10,000, reduce overbooking of flights and no longer call on law enforcement officers to deny ticketed passengers their seats.

Southwest Airlines also said on Thursday that it would end overbooking of flights.

Dao, a 69-year-old Vietnamese-American doctor, was injured when Chicago aviation police removed him from his seat and then dragged him from the plane to make space for four crew members on the flight from O'Hare International Airport to Louisville, Kentucky.

United has taken "full responsibility for what happened on Flight 3411, without attempting to blame others, including the City of Chicago," Thomas Demetrio, an attorney for Dao, said in a statement.

Demetrio said there was no need to proceed with separate litigation against the city. Republic Airways, United's regional partner which operated the flight that Dao was on, has also been released from responsibility as part of the settlement, Demetrio's office said.

Chicago Mayor Rahm Emanuel's office declined to comment on the settlement.

The three Chicago Department of Aviation officers who pulled Dao off the plane and a supervisor involved in the incident remain on paid leave, said Chicago Department of Aviation spokesman Karen Pride, who declined to comment on the settlement.

United said in a separate statement that it was pleased to reach "an amicable resolution of the unfortunate incident that occurred aboard flight 3411."

"We look forward to implementing the improvements we have announced, which will put our customers at the center of everything we do," the airline said.

Munoz stressed that point in a letter sent on Thursday to customers, saying the airline would increase its focus on their satisfaction.

"We can never say we are sorry enough for what occurred, but we also know meaningful actions will speak louder than words," he said.

Separately, officials at 10 of the busiest U.S. airports said their rules prevent security officers from physically removing passengers from airplanes unless a crime is committed.

(Reporting by Timothy Mclaughlin in Chicago; Additional reporting by David Shepardson in Washington; Editing by Richard Chang)

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