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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China probes 'fake seasoning producing hub' near Tianjin www.bbc.com

Chinese authorities are investigating nearly 50 factories allegedly manufacturing fake versions of widely used food seasonings and sauces.
It comes after Beijing News reportedly uncovered the elaborate operation near the city of Tianjin.
The factories were using unapproved ingredients like industrial salt in seasonings including soy sauce and vinegar, the paper said.
The products were labelled with brands including Maggi, Knorr, and Nestle.
The seasonings, which include spices and chicken stock, are commonly used in Chinese cooking and can be widely found across Asia.
China has been rocked by various food scandals in recent years, with tainted milk powder killing six babies in 2008 and making more than 300,000 children ill.
Unhygienic conditions
The China Food and Drug Administration (CFDA) said in a statement on Monday evening that it had dispatched officers to Tianjin to investigate the claims.
The Beijing News report said a "fake food seasoning manufacturing hub" had grown unchecked for more than 10 years in the town of Duliu near Tianjin.
Nearly 50 small factories, operating in a residential area, had been churning out fake seasoning estimated to be worth up to a 100m yuan ($14.5m, £12m) per year.
Reporters and local police visited the factories last week, acting on a tip-off from a whistleblower.
Pictures and video taken at the scene show workers making and packaging the products in dirty sheds using homemade equipment like plastic drums and garden hoses.
The factories were said to have used industrial grade salt unsafe for human consumption. They also recycled by-products from other food manufacturers, and were seen freely using highly regulated ingredients like the artificial sweetener cyclamate.
'Thoroughly rectify'
Beijing News quoted Nestle's China office as saying that its anti-counterfeit team was looking into the matter, and that "product experts will be helping law enforcement representatives in identifying suspicious products".
Chinese food brands such as Totole and Donggu, whose products were also faked, said they were either assisting investigations or conducting their own probes.
Totole added that it had known about the factories since 2007, and its anti-counterfeit team had conducted numerous crackdowns in Duliu, but had been unable to completely stamp them out.
The sheer scale of the operation revealed in local media shocked a country that is no stranger to food scandals, prompting questions online.
"Shouldn't the CFDA be the one that is punished? A whole village has been faking products for so many years. Can we still trust this department?" said one commenter on the CFDA's Weibo page.
"How many people have been poisoned by these fake products? Seasoning impacts so many lives, this is no game!" said another user.
The Food and Drug Administration said in its statement that it would "thoroughly rectify the problem of fake food seasoning production, and present the results of our investigation to the public in a timely fashion".
In 2014, the Shanghai Husi Food Company, a meat supplier to fast food chains McDonalds and KFC in China, was found to be repackaging old meat.
The following year authorities seized 100,000 tonnes of smuggled meat, some of it more than 40 years old.
Last month Chinese media reported that food suppliers in the north-western city of Shanxi were treating mushrooms with hazardous chemicals to make them look whiter and fresher.

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Alibaba joins with name brands to fight counterfeits www.xinhuanet.com.cn

 
HANGZHOU, Jan. 17 (Xinhua) -- China's e-commerce giant Alibaba said Tuesday that it had joined with 20 brands to fight counterfeit goods through big data analysis.
 
The first "alliance to fight counterfeits with big data" was initiated by Alibaba Tuesday in Hangzhou, capital of eastern China's Zhejiang Province, the company said.
 
Among the first 20 members of the alliance are Chinese and international brands, including Huawei, LV, Swarovski, Dulux, Samsung, Sony and Bioderma.
 
Alibaba said the move would make the fight against counterfeiting more powerful and transparent.
 
The move was backed by police authorities in many provinces across China.
 
"Counterfeiting is rampant in the global market these days, and it's increasingly difficult to eradicate bogus goods using traditional offline means," said Jessie Zheng, Alibaba Group's chief platform governance officer.
 
She said that Alibaba Group was willing to join the fight against counterfeits with its technologies and resources in order to protect consumer rights.
 
Based on Alibaba big data analysis, Chinese law enforcement authorities closed 675 workshops, warehouses and vendors producing and selling fake goods, from September 2015 to August 2016.
 
Over the same period, Alibaba Group closed 180,000 stores on its shopping platform Taobao.com.
 
"Alibaba's big data and cloud computing technologies provided strong technical support and improved efficiency in our fight against counterfeits," said Wang Hui, deputy chief of the economic crime investigation team under Zhejiang public security bureau.
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Mongolia plans to establish casino resorts www.mongolia.gogo.mn

 
Mongolia is moving forward with plans to establish casino resorts in an attempt to tap into Asia’s lucrative gambling business and boost its tax revenue.
The Judicial Standing Committee decided to establish a working group to draft legislation for the development of casino resorts. An earlier casino bill was submitted in 2012 and received much support in the State Great Khural, but it was not passed.
The new legislation proposes a model currently used in Vietnam, South Korea and Cambodia, where only foreign nationals are permitted to gamble in specially created resorts, often near the border or international airports. Under the new bill, Mongolia will establish two casino resorts.
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Buffett's Berkshire Hathaway wins reinsurance licence in Malaysia www.reuters.com

 
Warren Buffett's Berkshire Hathaway (BRKa.N) has won a licence to provide reinsurance services in Malaysia, the billionaire investor's group said, as it expands operations in Asia.
 
Berkshire Hathaway Specialty Insurance Company (BHSI) said in a statement on Monday it has established an office in the Malaysian capital Kuala Lumpur to provide the non-life reinsurance services.
 
"After putting down roots in Singapore, Hong Kong, and Macau, we are pleased to further expand our operations in Asia...," BHSI Asia President Marc Breuil said in the statement.
 
The southeast Asian nation has attracted several insurers lately, who are eyeing its long-term potential. Canada's Sun Life Financial Inc (SLF.TO) and Malaysian sovereign wealth fund Khazanah Nasional [KHAZA.UL] were in talks to buy Hong Leong Financial Group Bhd's (HLCB.KL) insurance business, Reuters reported last year.
 
Reuters also reported that Tokio Marine Holdings Inc (8766.T) was in exclusive talks to buy RHB Bank's (RHBC.KL) general insurance unit.
 
BHSI is part of Berkshire Hathaway's National Indemnity group of insurance companies. National Indemnity has $194.4 billion in total admitted assets and $112.2 billion in policyholder surplus, according to BHSI's website.
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General Motors to announce $1 billion in U.S. investment www.reuters.com

General Motors Co (GM.N) will announce as early as Tuesday long-held plans to invest about $1 billion in its U.S. factories, following recent criticism of the company by President-elect Donald Trump, a person briefed on the matter told Reuters late on Monday.

The largest U.S. automaker is making the decision for business and not political reasons, said the person, who asked not to be identified.

The investment will help GM create or retain more than 1,000 jobs, while the automaker also plans to tout other efforts to boost U.S. employment, including adding engineers, the person added.

GM General Counsel Craig Glidden told the Wall Street Journal, which reported the company's plans earlier on Monday, that any investment the company might disclose had been long planned and was not a response to Trump's criticism.

GM declined comment on the investment to Reuters.

Since the beginning of this year, GM has come under heavy criticism from Trump for building vehicles in Mexico, as have other automakers. On Jan. 3, Trump threatened to impose a "big border tax" on GM for making some of its Chevrolet Cruze compact cars in Mexico.

At a news conference last week, Trump cited recent U.S. investments by other automakers and said "General Motors will be following, and I think they will be."

Trump, who campaigned hard on bringing manufacturing jobs back to the United States, said in an interview with German newspaper Bild published on Monday that he would impose a border tax of 35 percent on German car companies' vehicles imported to the U.S. market.

Earlier this month he criticized Toyota Motor Corp's (7203.T) plans to move production of the Corolla to Mexico from Canada.

Auto sales have been rising since 2009 and hit a new record in 2016. Automakers have recently been touting American investments, but say the investments have not been in response to Trump.

Last week, Japan's Toyota said it would invest $10 billion in the United States over the next five years, while Fiat Chrysler Automobiles NV (FCAU.N) said it would invest $1 billion to modernize two plants in the Midwest, creating 2,000 jobs.

Ford Motor Co (F.N) announced this month it would cancel a planned $1.6 billion factory in Mexico and would invest $700 million at a Michigan plant.

GM's "general plan is to build where we sell and we're focused on what we're doing in the United States," Chief Executive Mary Barra said in an interview with Reuters on the sidelines of an event in Washington on Monday. "We're a global company so we're going to continue that focus."

Barra, who told Reuters she planned to attend Trump's inauguration on Friday, said GM wants to work with him. "I do believe we have more in common than we have areas that we aren't aligned."

GM, which has more than 40 manufacturing sites in the United States, last year announced $2.9 billion in U.S. investments

But even as GM invests in U.S. plants, it has also been making job cuts. In recent months, GM announced plans to lay off about 3,300 employees at three factories.

It said in November it would cut about 2,000 jobs when it ends the third shift at its Lordstown, Ohio and Lansing, Michigan plants in January. Last month it said it planned to cancel the second shift and cut nearly 1,300 jobs from its Detroit-Hamtramck assembly plant in March.

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Visa to Mongolia will be granted online www.mongolia.gogo.mn

 
As of today, total of 27 thousand people from 122 countries are living in Mongolia with an official permission to reside. Of which 8707 are from China, 2568 are from South Korea and 3720 are from Russia, reports Mongolian Immigration Agency.
Moreover, Mongolian Immigration Agency is planning to grant visa and private invitation through online services from this year, enabling foreigners to submit their required documents for visa and invitation requests online, no need to send in any paper application.
In addition, the agency is planning to establish agreement on connecting Interpol information system with ISM system.
Mongolia has deported total of 1116 people over two years and imposed a penalty worth MNT 1 billion. Of which 800 of them from China while most of them have failed to leave the country on or before the expiry of the term of a visa.
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Scientists say mining e-waste may be an economical option www.mining.com

 
A team of researchers from Canada’s University of British Columbia (UBC) say that recovering metals such as copper and rare earths from LED lights may turn to be an economical option.
 
Professor Maria Holuszko and PhD student Amit Kumar told The Province they have successfully recovered copper, silver and are certain they might also be able to extract some rare earths such as europium, cerium and lutetium from LEDs bulbs without using any chemicals.
 
Thanks to the increasing popularity of energy-efficient light-emitting diode bulbs and lamps, the researchers believe there will be enough of that kind of e-waste by 2020 to make extracting valuable metals from it an economically sustainable option.
 
So far, the team’s samples have proved to hold up to 65% recoverable copper — considerably more than processed ore — along with 4.5% zinc and 1,640 parts per million of silver.
 
“Eventually, we also hope to use this workflow to find a way to recover gold in significant amounts,” Professor Holuszko told The Province.
 
The projects follows similar endeavours announced in the past two years, including a new method for recovering gold from old gadgets such as mobile phones, TV’s and computers, developed by Scottish scientists and unveiled last year.
 
According to the researchers from the University of Edinburgh, who published their findings in the journal Angewandte Chemie, their extraction method not only doesn’t require the use of toxic chemicals, such as cyanide, but it is also more effective than current techniques.
 
A United Nations Environment Program report titled “Waste Crimes,” shows that up to 50 million tonnes of electronic waste — mainly computers and smartphones — are expected to be disposed this year. That’s up 20% from 2015, when about 41 million tonnes of that kind of gadgets were dumped, mostly into third world countries serving as global landfills.
 
Initiatives such as the ones in Canada and Scotland could help reduce the amount of e-waste while preventing related toxins from permeating soil and water supplies.
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Renewable energy fair begins in UAE www3.nhk.or.jp

 
Companies from around the world are showcasing technologies and equipment to harness renewable energy at the World Future Energy summit in the United Arab Emirates.
 
More than 800 businesses and organizations from about 40 countries are participating.
 
On the first day, ministers and business leaders attended a conference.
 
Saudi Arabian energy minister Khalid al-Falih announced a massive investment plan. He said his country will spend up to 50 billion dollars on clean energy over the next 7 years.
 
The Japan Pavilion features an underwater drone designed to investigate seabed resources.
 
Also on display is a robot that automatically clears sand from solar panels.
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Davos forum to focus on Trump www3.nhk.or.jp

 
Global leaders are gathering in Davos, Switzerland, on Tuesday for the annual meeting of the World Economic Forum. With the inauguration of US President-elect Donald Trump just 3 days away, discussions are expected to focus on how his policies will impact the world economy and international affairs.
 
This year's attendees include government leaders and ministers from more than 70 countries. Some 1,800 business executives are also taking part.
 
Chinese President Xi Jinping is scheduled to speak on the first day of the 4-day event. He's expected to stress China's pro-free trade stance, keeping Trump's repeated protectionist comments in check.
 
British Prime Minister Theresa May will take the podium on Thursday.
 
She'll likely to talk about Britain's exit from the European Union and her country's future relations with the US.
 
Senior officials from Trump's transition team will also be attending, drawing much attention for their comments on the new administration's priorities.
 
This year's agenda also includes populist political movements around the world, and measures against persistent terrorism. The effects of artificial intelligence on the global economy will also be among the wide variety of topics to be covered.
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Rolls-Royce to pay £671m over bribery claims www.theguardian.com

 
Rolls-Royce, Britain’s leading multinational manufacturer, is to pay £671m in penalties after long-running investigations into claims it paid bribes to land export contracts.
 
The settlement means the engineering giant will avoid being prosecuted by anti-corruption investigators in the UK, US and Brazil, though individual executives may still be charged.
 
It comes five years after investigators across three continents first began examining claims that the £13bn multinational had paid bribes to secure contracts in countries around the world.
 
Last year a joint Guardian and BBC Panorama investigation identified 12 countries in which Rolls-Royce had hired “commercial agents” or advisers to help it secure high-value contracts.
 
Anti-corruption campaigners said the deal showed the British government was not serious about tackling bribery, despite years of rhetoric promising to make the UK a hostile environment for the corrupt.
 
Susan Hawley, the policy director of Corruption Watch, described the settlement as “proof the UK is not willing to prosecute a large, politically connected company”.
 
Robert Barrington, the executive director of Transparency International, said “there must be a prosecution of individuals” in addition to the settlement.
 
In deals announced on Monday, Rolls-Royce said it would pay £497m to the UK Serious Fraud Office (SFO), subject to approval by the high court. It will also pay $169m (£140m) in penalties to the US Department of Justice and $25m to the Brazilian authorities.
 
The terms of the agreement with the SFO are to be examined on Tuesday by Sir Brian Leveson QC, the president of the Queen’s bench division of the high court. Under the proposed deal, known as a deferred prosecution agreement (DPA), Rolls-Royce will pay the penalties over five years, along with a payment covering the SFO’s costs.
 
Rolls-Royce announced that it reached separate deals with the US Department of Justice and Brazilian prosecutors. It added: “These agreements relate to bribery and corruption involving intermediaries in a number of overseas markets, concerns about which the company passed to the SFO from 2012 onwards.
 
“These are voluntary agreements which result in the suspension of a prosecution provided that the company fulfils certain requirements, including the payment of a financial penalty.”
 
The anti-bribery investigations have been embarrassing for the multinational, which sells turbines and engines for passenger jets and military aircraft across the globe.
 
David Cameron once praised it as “a world leader in the development of advanced technologies … of which the whole country can be proud”. The Duke of Cambridge called it “one of the United Kingdom’s great global companies”.
 
The firm has had close relations with British governments of all political hues, while ministers have often lobbied foreign governments to give large export contracts to the manufacturer.
 
Without admitting any wrongdoing, Rolls-Royce has repeatedly attempted to signal its willingness to reform after the bribery allegations emerged.
 
In 2013 the company hired the prominent City lawyer Lord Gold to conduct a review of its anti-corruption and compliance procedures. The following year the company used its annual report to reveal that it had substantially reduced its use of third parties to help it secure contracts.
 
The company’s chief executive said last year that winning contracts legitimately was key to future growth. Warren East, who took the helm in 2015, said in an interview with the Guardian that the bribery scandal was “not a very desirable situation”.
 
Hawley said: “The extent and egregious nature of the allegations against Rolls-Royce – and the fact that all indications are that it didn’t actually self-report, but this came from a whistleblower – really raise questions about whether this is being done as a convenient form for Rolls-Royce to carry on getting public contracts.”
 
Companies are supposed to refer themselves to investigators in order to qualify for a deferred prosecution agreement. If convicted of corruption offences, a company can be barred from bidding for public contracts unless it were able to prove it had reformed.
 
A relatively recent development in British law, a DPA is an arrangement under which a company can halt investigations against it for a fine. If further wrongdoing were to be committed during the duration of the agreement, the original prosecution could be reactivated.
 
Barrington said: “The fine is an eye-catching size, much bigger than any previous deferred prosecution agreement. Transparency International has always that the DPA must only be used when it is in the public interest, so information needs to be put into the public domain about this investigation.
 
“The critical part is that there must be a prosecution of individuals. There is criminality here, and we would like to see the SFO set out a timeline for those prosecutions.”
 
He said he was encouraged to see Brazilian, US and British regulators working together. “It will send a shiver down the spine of bribe-payers,” he said.
 
Sources close to the negotiations said the SFO and Rolls-Royce attended a preliminary court hearing on Monday, with a statement being issued as the markets closed.
 
It is understood that the Brazilian authorities have allowed Rolls-Royce to sign a leniency agreement, which is similar to a DPA.
 
The SFO has had at least 30 investigators in the UK focused on the multinational’s use of agents or middlemen to clinch export contracts in a number of countries across several strands of its business.
 
Rolls-Royce’s sprawling organisation has customers in more than 150 countries, including more than 400 airlines and leasing customers.
 
The Guardian and BBC’s Panorama revealed that agents have been hired in Angola, Azerbaijan, Brazil, India, China, Indonesia, Iran, Iraq, Kazakhstan, Nigeria, Saudi Arabia and South Africa.
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