1 FOREIGN RELATIONS OF MONGOLIA’S ROAD TRANSPORT SECTOR BROADENING WWW.MONTSAME.MN PUBLISHED:2019/02/21      2 MONGOLIA EXPRESSES READINESS TO CONTRIBUTE TO STRENGTHENING ASIA-EUROPE COOPERATION WWW.MONTSAME.MN PUBLISHED:2019/02/21      3 OYU TOLGOI FUNDED 35.1 KM ROAD OPENS IN KHANBOGD WWW.GOGO.MN PUBLISHED:2019/02/21      4 POLYMER BITUMEN TO BE DOMESTICALLY PRODUCED WWW.MONTSAME.MN PUBLISHED:2019/02/21      5 KHURELBAATAR CHIMED: 319 ENTITIES DREW LOANS FROM TWO FUNDS WWW.ZGM.MN PUBLISHED:2019/02/21      6 CONSTRUCTION OF TAVANTOLGOI-GASHUUNSUKHAIT ROAD TO BE INTENSIFIED WWW.MONTSAME.MN PUBLISHED:2019/02/20      7 OVER 30 MEASURES PLANNED FOR REDUCTION OF ENVIRONMENTAL POLLUTION WWW.MONTSAME.MN PUBLISHED:2019/02/20      8 MONGOLIA SAYS IT EARNS OVER 169 MLN USD FROM COAL EXPORTS TO CHINA IN JAN WWW.HELLENICSHIPPINGNEWS.COM  PUBLISHED:2019/02/20      9 RUSSIA’S GAZPROM TO START CHINA GAS PIPELINE BY DECEMBER 1 WWW.RT.COM PUBLISHED:2019/02/20      10 MONGOLIA'S FOREIGN TRADE UP 41.6 PCT IN JAN. WWW.XINHUANET.COM PUBLISHED:2019/02/20      УГСАРМАЛ ОРОН СУУЦНЫ ДУЛААЛГАД ЗОРИУЛЖ 12.7 ТЭРБУМ ТӨГРӨГИЙГ УЛСЫН ТӨСВӨӨС ГАРГАХААР БОЛЖЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2019/02/21     2018ОНД ЦАГААН БУДАА , ЭЛСЭН ЧИХЭР , ТАХИАНЫ МАХНЫ ИМПОРТ 24-32 ХУВИАР ӨСЖЭЭ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/21     ДЦС IV: 2018 ОНД НИЙТ АШИГ 4.7 ДАХИН ӨСӨЖ , 4.48 ТЭРБУМ ТӨГРӨГ БОЛСОН WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/21     ТУСГАЙ САНГУУДААС ГАРГАСАН ЗЭЭЛИЙН 100 ОРЧИМ ТЭРБУМ ТӨГРӨГ ХУГАЦАА ХЭТЭРСЭН ӨР БОЛЖЭЭ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/21     МОНГОЛ УЛСЫН БОРЛУУЛАЛТЫН МЕНЕЖЕРҮҮДИЙН ИНДЕКС СҮҮЛИЙН 12 САРД АНХ УДАА УНАЛТЫН БҮСЭД ШИЛЖИВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/02/21     2018 ОНД ХАМГИЙН ЧИНЭЭЛЭГ БҮЛГИЙН ХЭРЭГЛЭЭ ЯДУУ БҮЛГИЙНХНЭЭС 5.1 ДАХИН ИХ БАЙВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/02/21     ХОВД ГОЛД ОСОЛДСОН 6 НАСТАЙ ХҮҮХДИЙН ЭРЛИЙГ ЗОГСООЛОО WWW.MONTSAME.MN НИЙТЭЛСЭН:2019/02/21     ДБНХ-НООС П.ОРХОНЫ БАРИЛДАХ ЭРХИЙГ 4 ЖИЛЭЭР ХАСАВ WWW.MONTSAME.MN  НИЙТЭЛСЭН:2019/02/21     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    

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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Google outlines $13bn US investment www.bbc.com

Google plans to spend more than $13bn (£10.1bn) this year, as it builds data centres and offices across the US.

The search giant promoted its plans in a blog post on Wednesday, saying the investments would spur the creation of more than 10,000 construction jobs.

The firm will also add tens of thousands to its workforce, doubling its presence in states such as Georgia.

Google's emphasis on its US investments comes amid wider concerns about slowing business spending in the US.

Big tech firms such as Google have also faced criticism that they have not contributed as widely to the economy by way of jobs, taxes and and other support as the corporate giants of previous eras.

In the post, Google chief executive Sundar Pichai said the company had hired more than 10,000 people in the US last year and invested $9bn.

That figure will grow to $13bn in 2019 and include major expansions in 14 states, including Oklahoma, South Carolina, Ohio and Nebraska.

Google expects 2019 to be the second year in a row it grows faster outside of the Bay Area than in it, becoming a presence in 24 of 50 states, he said.

"I'm proud to say that our US footprint is growing rapidly," Mr Pichai said.

The investments the firm highlighted include previously announced plans to expand in New York city.

Unlike Amazon, which has also said it would build a New York campus, Google's commitment was not accompanied by a subsidy package - a move that won the firm praise last year.

However, the firm's growth has spurred controversy elsewhere, amid fears of gentrification.

The firm's commuter buses have been targeted in San Francisco. Last year, it also dropped plans for offices in a trendy district of Berlin after opposition by local campaigners.

The investments come as Google's parent company, Alphabet, more than doubled its profits last year to more than $30bn, while revenue increased more than 23% to almost $137bn.

Despite those gains, investors have questioned Alphabet's rising costs.

The firm's capital expenditures increased to $25.1bn last year and operating expenses exceeded $50bn.

On a call with financial analysts, Alphabet's chief financial officer said the firm remained committed to investments, but that spending was likely to "moderate significantly".

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National Development Agency to cooperate with Japan’s Mizuho Bank www.montsame.mn

Ulaanbaatar /MONTSAME/ On February 12, Chairman of the National Development Agency (NDA) B.Bayarsaikhan signed a Memorandum of Understanding with Kazuhiro Toyoda, General Manager of Global Project Finance Division at Mizuho Bank, Ltd. of Japan.

The memorandum is aimed at supporting infrastructure development and public-private partnerships in Mongolia. Moreover, within the scope of the memorandum, those interested in investing or running business in Mongolia will be connected to the one–stop service center at NDA.

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Public transport emission to be reduced by over 80 percent www.montsame.mn

Ulaanbaatar /MONTSAME/. A memorandum on introducing diesel particulate filters (DPF), which reduce public transport emission by 85-97 percent, in Mongolia was signed by KOTRA Ulaanbaatar of the Ministry of Trade, Industry and Energy of the Republic of Korea and the Transport Department of the Capital City.

In the frameworks of the memorandum, highly efficient DPF filters of the South Korean company, ‘Ceracomb’, will be installed on public buses. With 25 years of experience of manufacturing the filter, the company have introduced it to seven countries so far.

The filters were installed on four buses as a test last year and the results showed the emission being reduced by 50-60 percent.

Deputy Governor of the Capital City D.Enkhtur, Head of the Transport Department of the Capital City D.Otgonbaatar and representatives of KOTRA Ulaanbaatar attended the signing ceremony.

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Demand for office areas overtops supply www.zgm.mn

Whilst the housing market is the center of attention in the real estate, offices are showing promising forecast as the demand is exceeding supply according to Master Properties LLC.

Last year, a total of 215 projects with an available office space of 985,000 square meters was commissioned. About half of these are located in the downtown area in Sukhbaatar district. 72.9 percent of offices in this district are luxury-class; however, about 80 percent of private entities operating in the capital are the small and medium-sized enterprises with up to 20 workers. According to a survey, these entities prefer comfortable, low-cost offices that are not too far from downtown. In other words, there is a gap between the purchasing ability of customers and construction supply.

The trend in the office market is dependent on economic growth. Experts highlight that almost half of the demand for class-A offices are both, directly and indirectly, connected to the mining sector. Thus, the office market began to restore on the back of the upsurge of the mining sector since 2017.

The number of office seeking entities annually grow by 1,100 on average, which equals to 50,000- 60,000 in square meters. Plus, nearly 40 percent of entities renting office spaces are unsatisfied with the office environment. Considering these indicators, real estate agents forecast the demand for office to grow steadily in the upcoming years, suggesting an annual growth of over 8 percent.

As for ideal offices, a survey shows that private entities prioritize location the most, preferably near downtown. The priority list is followed up by price, class, and availability of parking areas. The preference drops significantly for office buildings that perform poorly on these areas, noted Tenkhleg Zuuch LLC.

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China approves new coal mine project in Inner Mongolia region www.reuters.com

BEIJING (Reuters) - ** China’s state planner said on Wednesday it had approved a new coal mine project in Inner Mongolia region with total investment at 3.37 billion yuan ($499.19 million)

** The coal mine project will have an annual capacity of 8 million tonnes

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SFA takes cashmere conference to Mongolia www.ecotextile.com

ULAANBAATAR – The cashmere supply chain focused non-profit Sustainable Fibre Alliance (SFA) has revealed details of its Sustainability in the Cashmere Sector Conference 2019, this year to be held in Mongolia’s Gorkhi-Terelj National Park.

A theme of ‘Pathways to Sustainability 2030’ will be explored over a five-day agenda, featuring topics such as: cashmere sector sustainability; the environmental, social and economic challenges facing the industry; along with long-term sustainable development and innovative cooperation.

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Former President Ts.Elbegdorj meets journalists www.news.mn

Former Mongolian President Ts.Elbegdorj hosted a meeting with some journalists at the Tuushin Hotel in central Ulaanbaatar in yesterday. Mr.Ts.Elbegdorj answered questions regarding some hot issues such as the purchase of 49 percent of the Erdenet Mining Corporation and, inevitably, how he considers his successor Kh.Battulga, current President of Mongolia is faring?

Ts.Elbegdorj served as President of Mongolia from 2009 to 2017. He previously served as Prime Minister in 1998 and again from 2004 to 2006. He was one of the key leaders of the 1990 Mongolian democratic revolution that ended 70 years of communist rule in Mongolia, and co-drafted the country’s 1992 constitution that guaranteed democracy and a free market economy.

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MIAT’s new aircraft put on scheduled flights www.montsame.mn

Ulaanbaatar /MONTSAME/ MIAT Mongolian Airlines’ new aircraft ‘Boeing 737-8MAX’ started making flights on regular schedule on February 5. After receiving its certificate for international flights, aircraft and other relevant flight permits issued by the Civil Aviation Authority, the new aircraft made its test flight to Hong Kong and is currently on the Ulaanbaatar-Beijing flight.

The new ‘Boeing 737-8MAX’ with 162 seats that consumes 14 percent less fuel than the previous similar ‘Boeing-737’ aircraft is planned for flights to Europe, but before it is being tested in short distance flights to Asia.

‘Boeing 737-8MAX’ is one of five aircraft MIAT plans to lease this year and first to be put on regular flight schedule. The second one is expected to arrive in May. With the renewal of its fleet, MIAT will make international flights with seven Boeing aircraft.

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China-backed coal projects raise heat in Pakistan www.asia.nikkei.com

ISLAMABAD -- Fresh debate about the environmental impact of China-led coal-fired power generation projects in Pakistan are once again coming to the fore, weeks after a meeting of government officials from both sides.

Although a raft of Chinese power projects including coal-fired ones have begun to help ease acute electricity shortages which has dogged Pakistan's industries and consumers until five years ago, environmentalists are up in arms and blame China for exporting pollution. At one point, power cuts lasted for more than half a day in major cities in Pakistan. Now, such cuts in many cities have been reduced by half or even more, according to a government official.

"It is China exporting messy projects to Pakistan," one environmental activist in the southern port city of Karachi said. "Rather than relying on coal-fired plants on their own soil, the Chinese have decided to export these problematic plants to Pakistan."

Beijing's presence in Pakistan has been a constant source of conflict within the country. This is in large part due to power projects it has planned under its $62 billion China Pakistan Economic Corridor, which forms a crucial part of Chinese President Xi Jinping's ambitious Belt & Road Initiative. Newly planned electricity generation projects were meant to showcase vast benefits for the south Asian country.

Mid-January, Chinese ambassador to Pakistan Yao Jing met with Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar in Islamabad during which both declared 2019 the "Year of Economic Cooperation."

Yet, such cooperation has given others second thoughts on China-led projects they criticized as having little consideration for the environment. Analysts criticized a lack of transparency in these projects and said that Pakistan was making a blind commitment.

"One of the biggest issues is that we just don't know the full details [of agreements involving CPEC projects]. Unless that concern is addressed, we remain in the dark on where these projects will head in future and how coal will impact our country," said Kaiser Bengali, a prominent Pakistani economist.

A senior government official in Islamabad has rebutted such criticisms and instead pointed to the economic benefits of the deals with China. Pakistan now relies on imported coal, but it hopes domestic production will pick up so that the country can save vast amounts of money spent on energy, he said. "If we can make this transition from imported to domestic fuel, that will help Pakistan reduce our bill for energy imports and that will give us a very major advantage."

But Bengali said that the government must assess not just the production of coal on the environment but also the transportation of the fuel. Coal is imported via one of Pakistan's ports along the country's southern coastline and supplied onward by train to coal-fired projects located in the hinterland.

"There are many aspects of how the environment will be damaged. These range from direct emissions when coal is burned to the effect on the environment when coal is transported," he said.

Many experts believe that the Pakistani government will defend its commitment to CPEC projects. It will likely argue that coal emissions from Chinese power plants "are just a minority within overall emissions across Pakistan. This will be meant to pacify criticism over Chinese coal plants," noted Abid Suleri, an economic adviser to the government who heads independent think tank Sustainable Development Policy Institute.

Suleri, however, warned that large part of the criticism comes from a lack of transparency surrounding CPEC projects. "Overall, we need to have greater transparency on CPEC related investments in Pakistan," he said.

Some Western diplomats who regularly track economic and investment trends in Pakistan go further, saying that detailed assessments of Chinese investments on the environment may not even have been undertaken. "There is a range of risks to the environment with any new infrastructure project. CPEC investments are mostly infrastructure," one diplomat said. "Coal-powered plants pose the biggest environment risk. There should have been detailed assessments before Pakistan and China decided to take them on."

Others said Islamabad is in thrall to Beijing in part due to China's clout as the main supplier of military hardware to local armed forces, apart from being the largest source of foreign investments. In other words, it's a relationship that Islamabad would not want to damage.

"It is possible that Pakistan may take up different issues with China from time to time, but this is done very discreetly," one senior foreign ministry official told the Nikkei Asian Review. "I don't think there can be an abrupt change to our commitments to China. This partnership [with China] is vital for Pakistan's present and our future."

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Mongolian researchers taking part in EU’s project www.montsame.mn

Ulaanbaatar/MONTSAME/ Researchers of School of Engineering and Applied Sciences, National University of Mongolia, are taking part in WeNet-Internet of US project being implemented in 2019-2020 within Horizon 2020 Future Emerging Technologies (FET), EU’s research and innovation program.

WeNet has the goal of developing a protocol and a platform for empowering the diversity-aware communication among people. Specifically, the project will seek to develop a diversity-aware, machine-mediated paradigm of social interaction, exploiting the complementary competencies of humans to solve problems that are beyond the skills of any individual.

Fifteen universities, research institutes and technological companies of Mongolia, Italy, Cyprus, Israel, Switzerland, Spain, Great Britain, Germany, Denmark, Paraguay, India, Mexico and China are taking part in the project. The project’s kick-off meeting was held between January 30 and February 1 at the University of Trento, Italy, in which Dr. G.Amarsanaa and Dr. Ch.Altangerel from the NUM attended.

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