1 US-MONGOLIA 'THIRD NEIGHBOR TRADE ACT' ON THE WAY WWW.THEDIPLOMAT.COM PUBLISHED:2018/11/17      2 CHINA'S FIGHT AGAINST SMOG MAKES PALLADIUM 2018'S BEST METAL WWW.MINING.COM PUBLISHED:2018/11/17      3 MILLENNIUM CHALLENGE CORPORATION PRESENTS GMS LICENSES WWW.MONTSAME.MN PUBLISHED:2018/11/17      4 MONGOLIA CALLS FOR GLOBAL ATTENTION ON CLIMATE CHANGE WWW.NEWS.MN PUBLISHED:2018/11/17      5 ADB OPENS A NEW WASTEWATER TREATMENT PLANT IN ARVAIKHEER, MONGOLIA WWW.AGENPARL.EU PUBLISHED:2018/11/17      6 CHINA TO BOOST COOPERATION WITH INDIA, MONGOLIA: DEFENSE MINISTER WWW.GLOBALTIMES.CN PUBLISHED:2018/11/17      7 DEATH ON MONGOLIA’S ‘COAL ROAD’ WWW.NEWS.MN PUBLISHED:2018/11/17      8 MONGOLIA SHAKEN BY WIDENING LOAN SCANDAL WWW.ASIA.NIKKEI.COM PUBLISHED:2018/11/17      9 MONGOLIA’S UNEMPLOYMENT FALLS BY 2.2 PERCENT WWW.NEWS.MN PUBLISHED:2018/11/16      10 MEETING MEAT DEMAND: MONGOLIA TO TRADE 17.9 PERCENT OF LIVESTOCK WWW.NEWS.MN PUBLISHED:2018/11/16      БНСУ-ЫН АЖ АХУЙН НЭГЖҮҮДИЙН АУТСОРСИНГ ЗАХИАЛГЫГ ГҮЙЦЭТГЭХ ЗАЛУУЧУУДЫГ СОНГОН, ШАЛГАРУУЛНА WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/11/17     НҮҮРСНИЙ ЭКСПОРТ 10 ХУВИАР ӨСӨЖ, 31.3 САЯ ТОНН БОЛОВ WWW.GOGO.MN НИЙТЭЛСЭН:2018/11/17     СУДАЛГААГААР ЖДҮ ЭРХЛЭГЧИД ЗЭЭЛИЙН ХҮҮНИЙ ЗАРДАЛ ХАМГИЙН ИХ ХҮНДРЭЛ УЧРУУЛДАГ ГЭЖ ХАРИУЛЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/17     ERDENE RESOURCE DEVELOPMENT: ХАЙГУУЛЫН ЗАРДАЛ III УЛИРАЛД 42 ХУВИАР БУУРСАН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/17     ГОРХИ, ТЭРЭЛЖИЙН БАЙГАЛИЙН БОХИРДОЛД АНХААРАЛ ХАНДУУЛЖ ЭХЛЭВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/11/17     ИРЭХ БААСАН ГАРАГТ ХОТЫН ДАРГЫГ ОГЦРУУЛАХ ЭСЭХИЙГ ХЭЛЭЛЦЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/11/17     “АМГАЛАН” ХОТХОНД БАЙРЛАХ ГЭРТЭЭ КАННАБИС ТАРЬЖ, УРГУУЛЖ БАЙСАН ТУРК ИРГЭНИЙГ БАРИВЧИЛЖЭЭ WWW.MEDEE.MN НИЙТЭЛСЭН:2018/11/17     ӨНӨӨДӨР АВТОМАШИНЫ ДУГААРЫН ХЯЗГААРЛАЛТ ҮЙЛЧЛЭХГҮЙ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/11/17     ГАШУУНСУХАЙТЫН НҮҮРСТЭЙ МАШИНЫ ЦУВАА 120 КМ БОЛЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/11/16     ТАТВАРЫН ОРЛОГО 32.2 ХУВИАР ӨСӨЖ, ТӨСВИЙН ТЭНЦЭЛ 341.9 ТЭРБУМ ТӨГРӨГИЙН АШИГТАЙ ГАРЛАА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/16    

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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300 thousand tons of processed fuel to be produced this year www.montsame.mn

Ulaanbaatar/MONTSAME/ With a purpose to reduce air pollution, the Government made a decision to ban raw coal consumption in the capital city from next May and introduce processed fuel into household use.

Within the frames, a comprehensive measures are intended, such as establishment of coal processing plant, introduction of electric heaters and liquefied gas into use and housing program for ger area residents. These measures are believed to contribute to the reduction of air pollution by 50 percent.

To see the implementation process of the Government resolution, Head of the Cabinet Secretariat of Government G.Zandanshatar and authorities of 'Erdenes Mongol' LLC worked at 'Tavantolgoi Tulsh' Company on August 13.

The company is capable of producing 100 thousand tons of processed fuel per year. Price for five tons of processed fuel is about MNT150 thousand or cheaper than that of raw coal. Experiment showed that five kilograms of processed coal retain its heat for eight hours, said J.Batbileg, general engineer of Tavantolgoi Tulsh Company.

Calculating that a household of ger area in the city burns five tons of coal annually, then annual coal consumption of 214 thousand households of ger area will be over a million tons. As the coal of Tavantolgoi deposit has high calories, the needs are likely to be entirely satisfied if plants produce over 600 thousand tons of processed fuel.

There are 52 thousand ger households living in central area of the capital city, 97 thousand households in western area and over 53 thousand in eastern area. It plans to produce 300 thousand tons of processed fuel in total.

The same day, G.Zandanshatar also visited a South Korean company which produces processed fuel.

M.Unurzul

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Jonathan Addleton: Yoho’s initiative benefits Mongolia, US www.theledger.com

OPINION: Prior my service as an American diplomat in Mongolia, my knowledge of that country focused largely on Genghis Khan, Marco Polo and the Gobi Desert. As I later discovered, it sometimes also appears in international headlines as a land-locked country situated between Russia and China that emerged out of the Soviet shadow in the early 1990s to unexpectedly establish both a functioning democracy and vibrant free market economy.

In most respects, Florida and Mongolia could hardly be more different: Nearly 10 times the size of Florida in land area but with a population of only 3 million people, Mongolia is the least densely populated country on earth. It also has no beaches, few tourists and temperatures that in winter routinely drop to 40 degrees below zero.

Yet Ted Yoho, Gainesville’s representative in Congress, is on the verge of making an out-size contribution to Mongolia as a strategic ally and friend that regards the United States as its “third neighbor,” helping to balance the tremendous pressure it receives from neighboring Russia and China.

In the early 1990s, creative bipartisan policymaking in Washington supported Mongolia’s reengagement with the world as well as its emergence as a successful member of the world-wide community of democracies. For its part, Mongolia has supported the United States in a number of ways including with its deployment of soldiers as part of the international effort in Afghanistan.

Academic and other partnerships have also been established. For example, the National Institutes of Health and the University of Florida have partnered with Mongolia to train teams to mitigate zoonotic disease problem among animals in Mongolia, a welcome initiative given Mongolia’s nomadic tradition and the fact that sheep, goats, horses, camels and yak out-number its people by nearly 20-1. For Mongolia, healthy livestock truly means a healthy economy.

Against this backdrop, it is especially appropriate that Congressman Yoho — a large animal veterinarian who also happens to chair the House Subcommittee on Asia and the Pacific — has become the catalyst for gathering support for Mongolia as part of a special congressional session entitled “China’s Strategy to Accrue Global Power.” In his words, “The United States must stand up to China’s revisionism in mercantilist economics.”

As part of the Washington discussion on tariffs and trade, Yoho crafted innovative legislation that combines his interest and commitment to both foreign affairs and animals.

For Mongolia, tariff issues loom large, especially because of the dominant role that cashmere, a unique animal fiber combed from the soft underbelly of goats, plays as a source of income and employment in the country’s vast countryside. Indeed, Mongolia is the second largest producer of cashmere in the world, trailing only China.

U.S. imports from Mongolia are tiny. However, an increase in trade — including trade in cashmere and related products — would have a big impact on Mongolia in terms of the size and health of its economy, expanding economic opportunity to its herders while also strengthening its political and economic independence.

As U.S. ambassador to Mongolia between 2009 and 2012, I saw first hand the important role that economics can play as part of our broader strategic relationship. Mongolia buys aircraft from Boeing, locomotive engines from General Electric and heavy equipment from Caterpillar. But it also needs to sell its own products to other countries including the United States.

Yoho’s initiative will do just that, strengthening a U.S. ally in ways that do not jeopardize U.S. jobs, compete directly with U.S. products or require foreign aid. At the same time, it will significantly strengthen relations with a previously isolated country that has rejected dictatorship, asserted independence and actively cultivates global partnerships.

As the United States looks for ways to shape fair trading relationships in Northeast Asia while also advancing its own geo-strategic interests, Yoho’s legislation does both, offering targeted trade preference for Mongolian textiles (including cashmere) while deepening the political and economic partnership between the two countries.

If this legislation is approved, it will also constitute a remarkable achievement by “Congress’ only Republican veterinarian,” adding economic value to the tens of millions of livestock populating Mongolia’s deserts, steppes and grasslands in ways that help Mongolian herders, benefit American consumers and advance diplomatic engagement between Mongolia and the United States.

Jonathan Addleton served as U.S. ambassador to Mongolia during 2009-2012. A retired Foreign Service Officer, he teaches at Mercer University in Macon, Ga.; serves as executive director of the American Center for Mongolian Studies; and authored “Mongolia and the United States: A Diplomatic History” (Hong Kong University Press, 2013).

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Mongolia ready to work with S. Korea to strengthen bilateral cooperation www.xinhuanet.com

ULAN BATOR, Aug. 14 (Xinhua) -- Mongolia is willing to work with South Korea to bring bilateral relations and cooperation to a new level in all sectors, Mongolian Prime Minister Ukhnaa Khurelsukh said Tuesday.

The Mongolian prime minister made the remarks when meeting with South Korean Ambassador to Mongolia Jong Jae Nam.

"We are ready to take necessary measures to bring bilateral relations and cooperation between Mongolia and South Korea to a new level for the benefit of both peoples," Khurelsukh said.

The two countries should make progress on mutual visa-free travel for ordinary citizens, the prime minister said.

Khurelsukh paid his first overseas trip to South Korea in January since he took office last October.

During his visit, the South Korean government expressed its willingness to support Mongolia on combating air pollution in its capital city, with a soft loan worth 500 million U.S. dollars within the framework of the Extended Fund Facility arrangement with the International Monetary Fund.

The two countries established diplomatic relations in 1990.

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Bitcoin Sinks Below $6,000 as Almost Everything Crypto Tumbles www.bloomberg.com

 Bitcoin dropped below $6,000 and dozens of smaller digital tokens tumbled as this month’s selloff in cryptocurrencies showed few signs of letting up.

The largest digital currency fell as much as 6.2 percent to $5,887 as of 10:44 a.m. in Hong Kong, the lowest level since June, according to Bloomberg composite pricing. Ether sank 12 percent, while all but one of the 100 biggest cryptocurrencies tracked by Coinmarketcap.com recorded declines over the past 24 hours. The total market capitalization of cryptocurrencies dropped to $190 billion, from a peak of around $835 billion in January.

While Bitcoin and its peers rallied in July on hopes that a Bitcoin-backed exchange-traded fund would attract new investors to the world of virtual currencies, U.S. regulators have yet to sign off on multiple proposals for such a product. The letdown has coincided with growing concern that entrepreneurs who raised crypto-denominated funds via initial coin offerings are now cashing out of coins such as Ether.

Bitcoin has now dropped about 23 percent in August, extending its retreat this year to 58 percent.

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Mongolia to introduce Canada’s experience in forest sector www.montsame.mn

Ulaanbaatar /MONTSAME/ Parliamentary and Government delegation led by Minister of Environment and Tourism N.Tserenbat and representatives of UN-REDD+ national program attended forest policy makers meeting took place in British Columbia province of Canada.

For Canadian part, the meeting was represented by Doug Donaldson, Minister of Forests, Lands, Natural Resource Operations and Rural Development, Tomas White, Head of Climate and Integrated Planning Department as well as scholars from the University of British Columbia.

During the meeting, the Mongolian delegation got familiarized with the activities of the Ministry of Forests, Lands and Natural Resource Operations, 2015-2020 climate strategy of the Rural Development Ministry and exchanged views on cooperation. On the basis of it, the delegates agreed to formulate policies and actions on forest degradation and deforestation, to define issues to improve UN-REDD+ national program as well as to report about solutions to the Government.

The Canadian speicialists emphasized that the country is focusing on empowering human resource in forest and natural science, manage forests as ecosystems, making joint decisions and producing value added products based on people’s needs.

The parties also discussed possibilities on involving specialists in advanced level training in forest and natural resource management in Canada within the framework of the cooperation.


B.Batchimeg

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Flood in Mongolia claims 65 lives www.xinhuanet.com

ULAN BATOR, Aug. 13 (Xinhua) -- The death toll from floods in Mongolia has risen to 65 after the National Emergency Management Agency (NEMA) registered two deaths on Sunday.

"Two deaths were reported near Airag soum (soum is an administrative subdivision) in eastern Dornogovi province on Sunday," raising the death toll through the year caused by the flood to 65, NEMA said Monday in a statement, urging residents to take precautions against the flood.

According to the National Agency for Meteorology and Environmental Monitoring, rainfall exceeded 80 mm per hour in Airag soum on early Sunday, causing flooding.

At least 11 houses were destroyed by the flood in the soum, displacing around 33 people.

Heavy downpours have been hitting Mongolia since the beginning of July, triggering massive floods in some areas.

Meteorologists said the heavy rainfall will continue in large parts of the country over the next few days.

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Alibaba eyes revamp in food sector www.chinadaily.com.cn

After taking the lion's share of China's e-commerce sector, Alibaba Group Holding Ltd is looking to revamp the food sector by addressing the imbalance between supply and demand.

Hema Fresh, its iconic fresh food chain that employs technologies to dispatch goods and manage inventory, plans to open stores across all first and second-tier cities in China and aims to reach at least 300 million consumers.

The goal was announced at last week's vendor conference in Shanghai, where Hema forged partnerships with over 500 merchants including agriculture produce bases, and pledged not to charge any fees as prerequisites for brands to access Hema.

Chief Executive Officer Hou Yi said the company was making more efforts in product development with merchants and targeting sales of tailor-made goods to account for half of Hema's overall sales in three years.

New Zealand-based diary giant Fonterra Co-op Group Ltd was among the early adopters of such a model. For instance, the pair are shortening the shelf life of milk sold in stores down to less than 24 hours from the usual seven to 10 days. The milk is produced and collected each day at Fonterra's dairy hub in Hebei province, one of the two the company operates in China.

Such a tie-up is part of Hema's "Daily Fresh" program, which sees a host of fresh produce and meat removed from store shelves at the end of the day and replaced with fresh products the following morning.

The model is likely to be extended to a wider variety of goods, with Hema signing direct procurement contracts with agricultural produce bases in Yunnan, Hubei and Shandong provinces.

"Under the project, consumers can buy the most comprehensive and fresh local produce at the lowest possible prices," said Wang Minzheng, head of the department of agriculture of Yunnan province.

"Eliminating middlemen can effectively trim costs and boost retail efficiency," said Gu Guojian, head of Shanghai Chain-Store & Franchise Institute. "The model is especially meaningful as China moves to increase imports and enhance circulation efficiency."

"They can totally leverage big data instead of third-party market research firms to get more precise customer insights and estimates of market size, therefore deciding what and how much (of the goods) to keep stock of," said Shi Jialong, head of China internet equity research at Nomura Securities Co Ltd.

The move aims to meet the evolving preferences of Chinese consumers who shun preservatives in their quest for a healthier lifestyle. According to Hou, Hema's typical consumers are middle-to-upper income earners who are willing to experience new things and shop on a daily basis rather than weekly.

Unlike conventional supermarkets that introduce a wide range of products for shoppers to compare, Hema has adopted the buyer model, where professional procurers are responsible for sourcing and hand-picking the right goods to sell.

"This model is 'win-win' as it revolutionizes the producer end by using customer data to predict their preferences and can tailor manufacturing to meet their needs," said Lao Guoling, a professor at Shanghai University of Finance and Economics.

New Manufacturing is one of the five "New"s that Alibaba founder Jack Ma proposed two years ago to reshape commercial technologies.

Ele.me, Alibaba's newly acquired food delivery arm, has integrated its membership system with Alibaba's e-commerce sites to tap into at least 500 million active users who could order food as they shop via their mobile devices.

Koubei, its offline local services platform, has also branched out by offering breakfast pre-ordering services via smart phones in a number of café and bakery chains in Shanghai.

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Itools JSC presents its 2018 semi-annual report www.mse.mn

'I Tools’ JSC, a Tier 2 listed company, presented its semi-annual financial and operational report to the public on August 13th, 2018 at MSE. 

In the first half of 2018, sales of ‘I Tools’ JSC increased by 39.4 percent reaching MNT439.3 million and its net profit tripled reaching MNT62.4 million. 

During the reporting period, the company involved in the project introducing KHUR system, a information system of state organizations, to private organizations and offered blockchain technology services to some Japanese companies. 

According to the company officials, it will complete its modular data center construction using its proceeds raised from public, provide an integrated services of blockchain data center as well as offer services met standards of ISO 9001 and ISO 27001 to public and private entities.

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Aspire mining: Mongolia extends railway study deadline www.miningbusiness.net

ULAANBAATAR, Aug 13 The Mongolian govt has given Australian-based Aspire Mining another 18 months to meet the environmental, land use and funding conditions for the Erdenet to Ovoot railway project, the key logistical aspect of its planned coking coal mine in the country’s north.
Its rail concession deadline has been extended to Feb 2020, but Aspire aims to complete its studies in the June 2019 qtr.
Aspire has accepted Mongolia’s request to lift design capacity on the 574km railway to 30Mtpa, catering for higher expectations of transit freight demand. It says the increase in construction costs will be marginal, within its 10% contingency range.

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The city ranked as the most liveable in the world www.bbc.com

Austrian capital, Vienna, has beaten Australia's Melbourne to be named the world's most liveable city.

It's the first time a European city has topped the rankings of the Economist Intelligence Unit annual global survey.

The worldwide league table ranks 140 cities on a range of factors, including political and social stability, crime, education and access to healthcare.

In the survey, Manchester saw the biggest improvement of any European city, rising by 16 places to rank 35th.

Manchester's rise puts it ahead of London in the rankings by 13 places, the widest gap between the two cities since the survey began two decades ago.

The Economist said Manchester's jump in the rankings was due to an improved security score.

'Resilience'
The survey was criticised last year for demoting Manchester after the Manchester Arena attack which killed 22 victims.

This year, survey editor Roxana Slavcheva said Manchester had "shown resilience in the city's recovery from a recent, high-profile terrorist attack, which previously shook up stability".

Ms Slavcheva said security had also improved in "several western European cities" and Vienna's top place in the rankings reflected "a relative return to stability across much of Europe".

According to the survey, nearly half of the cities have seen their liveability ranking improve over the past year.

Melbourne, which was ranked second in this year's global rankings, had previously come top for seven years running.

Two other Australian cities also made this year's top ten: Sydney and Adelaide.

At the other end of the scale, war-torn Damascus in Syria was ranked the least liveable city, closely followed by Dhaka in Bangladesh and Lagos in Nigeria.

The Economist said that crime, civil unrest, terrorism or war played a "strong role" in the ten-lowest scoring cities.

The ten most liveable cities in 2018

1. Vienna, Austria

2. Melbourne, Australia

3. Osaka, Japan

4. Calgary, Canada

5. Sydney, Australia

6. Vancouver, Canada

7. Tokyo, Japan

8. Toronto, Canada

9. Copenhagen, Denmark

10. Adelaide, Australia

The ten least liveable cities 2018
1. Damascus, Syria

2. Dhaka, Bangladesh

3. Lagos, Nigeria

4. Karachi, Pakistan

5. Port Moresby, Papua New Guinea

6. Harare, Zimbabwe

7. Tripoli, Libya

8. Douala, Cameroon

9. Algiers, Algeria

10. Dakar, Senegal

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