1 MONGOLIA MARKS CENTENNIAL WITH A NEW COURSE FOR CHANGE WWW.EASTASIAFORUM.ORG PUBLISHED:2024/12/20      2 E-MART OPENS FIFTH STORE IN ULAANBAATAR, MONGOLIA, TARGETING K-FOOD CRAZE WWW.BIZ.CHOSUN.COM PUBLISHED:2024/12/20      3 JAPAN AND MONGOLIA FORGE HISTORIC DEFENSE PACT UNDER THIRD NEIGHBOR STRATEGY WWW.ARMYRECOGNITION.COM  PUBLISHED:2024/12/20      4 CENTRAL BANK LOWERS ECONOMIC GROWTH FORECAST TO 5.2% WWW.UBPOST.MN PUBLISHED:2024/12/20      5 L. OYUN-ERDENE: EVERY CITIZEN WILL RECEIVE 350,000 MNT IN DIVIDENDS WWW.GOGO.MN PUBLISHED:2024/12/20      6 THE BILL TO ELIMINATE THE QUOTA FOR FOREIGN WORKERS IN MONGOLIA HAS BEEN SUBMITTED WWW.GOGO.MN PUBLISHED:2024/12/20      7 THE SECOND NATIONAL ONCOLOGY CENTER TO BE CONSTRUCTED IN ULAANBAATAR WWW.MONTSAME.MN PUBLISHED:2024/12/20      8 GREEN BOND ISSUED FOR WASTE RECYCLING WWW.MONTSAME.MN PUBLISHED:2024/12/19      9 BAGANUUR 50 MW BATTERY STORAGE POWER STATION SUPPLIES ENERGY TO CENTRAL SYSTEM WWW.MONTSAME.MN PUBLISHED:2024/12/19      10 THE PENSION AMOUNT INCREASED BY SIX PERCENT WWW.GOGO.MN PUBLISHED:2024/12/19      КОКС ХИМИЙН ҮЙЛДВЭРИЙН БҮТЭЭН БАЙГУУЛАЛТЫГ ИРЭХ ОНЫ ХОЁРДУГААР УЛИРАЛД ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     "ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК-ИЙН ХУВЬЦАА ЭЗЭМШИГЧ ИРГЭН БҮРД 135 МЯНГАН ТӨГРӨГ ӨНӨӨДӨР ОЛГОНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     ХУРИМТЛАЛЫН САНГИЙН ОРЛОГО 2040 ОНД 38 ИХ НАЯДАД ХҮРЭХ ТӨСӨӨЛӨЛ ГАРСАН WWW.NEWS.MN НИЙТЭЛСЭН:2024/12/20     “ЭРДЭНЭС ОЮУ ТОЛГОЙ” ХХК-ИАС ХЭРЛЭН ТООНО ТӨСЛИЙГ ӨМНӨГОВЬ АЙМАГТ ТАНИЛЦУУЛЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     Л.ОЮУН-ЭРДЭНЭ: ХУРИМТЛАЛЫН САНГААС НЭГ ИРГЭНД 135 МЯНГАН ТӨГРӨГИЙН ХАДГАЛАМЖ ҮҮСЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     “ENTRÉE RESOURCES” 2 ЖИЛ ГАРУЙ ҮРГЭЛЖИЛСЭН АРБИТРЫН МАРГААНД ЯЛАЛТ БАЙГУУЛАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     “ORANO MINING”-ИЙН ГЭРЭЭ БОЛОН ГАШУУНСУХАЙТ-ГАНЦМОД БООМТЫН ТӨСЛИЙН АСУУДЛААР ЗАСГИЙН ГАЗАР ХУРАЛДАЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     АЖИЛЧДЫН САРЫН ГОЛЧ ЦАЛИН III УЛИРЛЫН БАЙДЛААР ₮2 САЯ ОРЧИМ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     PROGRESSIVE EQUITY RESEARCH: 2025 ОН “PETRO MATAD” КОМПАНИД ЭЭЛТЭЙ БАЙХААР БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     2026 ОНЫГ ДУУСТАЛ ГАДААД АЖИЛТНЫ ТОО, ХУВЬ ХЭМЖЭЭГ ХЯЗГААРЛАХГҮЙ БАЙХ ХУУЛИЙН ТӨСӨЛ ӨРГӨН МЭДҮҮЛЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/19    

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

64x64

Wastewater treatment technology introduced www.gogo.mn

Due to lack of law enforcement of water pollution fee and operational failure of treatment plant, Tuul river pollution exceeds the standard as Tuul river provides the only supply of water for all uses including industrial supply and drinking water for Ulaanbaatar city. 
In scope of upcoming World Water Day, the Ministry of Environment and Tourism held a press session yesterday. 
Mongolia uses 500-600 million cubic meters of water per year and produces 470 million cubic meters of waste water. However, the country does not reuse the waste water due to lack of treatment technology. 
Meanwhile many countries are using nanotechnologies in wastewater treatment and purification by removing the pollution and contamination​ with mechanistic biology, biotechnology, nanotechnology and membrane technology. 
Mongolia has testing new technologies in wastewater treatment since 2012. Until then the country successfully introduced the "Khuvsgul" wastewater technology and put into operation a wastewater treatment plant which is capable of purify 25 cubic meters of wastewater per day in Gatsuurt village in 2016.

...


64x64

Immigrant workers are most likely to have these jobs www.cnn.com

Immigrants have long been an integral part of the U.S. workforce. And while there isn't any one industry where immigrants make up the majority of workers, there are some jobs where foreign born workers dominate, a new report from Pew Research finds.
That's especially the case in America's beauty business, where immigrants made up 63% of those that provide services as manicurists and pedicurists, makeup artists, shampooers and skin care specialists. Slightly more than half of these workers (51%) were authorized to be in the country, while 12% of them were undocumented, Pew found in its analysis of 2014 Census Bureau data.
Pew also found that 60% of the workers who ensure that no bad fruits or vegetables get to supermarkets are immigrants.

Other jobs where immigrants made up more than half of the workforce included plasterers and stucco masons, sewing machine operators and farm workers.
immigrant jobs
Many of the jobs held by immigrants -- especially those who are undocumented -- pay low wages, said Jeffrey Passel, a senior demographer at Pew Research Center.
"Undocumented workers, as a group, tend to work in low-paying jobs that don't require certifications, which is why you often find them working as drywall hangers or stucco masons, but don't find them in plumbing and electrical work," he said.
According to the U.S. Bureau of Labor Statistics, the median hourly wage for a manicurist in 2014 was $9.43 and an agricultural sorter earned $9.57. Sewing machine operators earned $10.54 an hour. Construction helpers like painters and paperhangers earned $12.46 an hour, while plasterers and stucco masons earned a much higher wage of $18.05 an hour.
The Pew researchers found that there was no particular industry where immigrants were the majority of workers.
immigrant top industries
Private household employment, which includes maids, gardeners and nannies, had the largest share of immigrant workers at 45%. Among these workers there was a nearly even split between authorized and undocumented workers, the researchers found.

Foreign born workers represented about 36% of the textile, apparel and leather manufacturing industry and 33% of the overall agriculture industry in 2014. Meanwhile, Pew found that 18% of the farming industry's foreign-born workforce was composed of undocumented immigrants, while 15% were authorized to work in the U.S.
Overall, immigrants made up 17% of the U.S. workforce in 2014, which represented about 27.6 million of the country's 161.4 million workers. Pew derived its figures from the U.S. Census American Community Survey (ACS), which includes employed, unemployed and military workers. The survey also accounts for unauthorized workers.
immigrant workforce
About 19.6 million immigrant workers -- or about 12.1% of the total U.S. workforce -- were in the U.S. legally in 2014, Pew reported. About 8 million -- or 5% of the U.S. workforce -- were undocumented. However, Pew noted that about 10% of this undocumented population were authorized to work through Deferred Action for Childhood Arrivals, or DACA, and temporary status protection.
Pew noted the share of authorized immigrants in the U.S. workforce has grown from 9% in 1995 to 12% in 2014, while the share of undocumented workers has risen from 3% in 1995 to 5% in 2014 -- a percentage that has remained relatively stable since 2005.

As fewer migrant workers come into the country, specialty fruit and vegetable producers say they're experiencing a worker shortage that has forced them to pay higher wages. With a national average wage of roughly $12 an hour, most American workers don't want to do the work for that pay, industry sources said.
The shortage has incited the American Farm Bureau Federation to ask Congress to consider issuing more agricultural worker visas.
"This issue is critical for our farmers, who need access to a legal and stable workforce," said Kristi Boswell, director of Congressional relations for the organization. "We need Congress to pass legislation to make that happen."

...


64x64

Japan minister agrees to share Toshiba case information with U.S.: Kyodo www.reuters.com

Japan's industry minister said on Thursday he had agreed with the U.S. energy and commerce secretaries to share information on developments involving Toshiba Corp and its troubled U.S. nuclear affiliate, Westinghouse Electric Co, Japan's Kyodo news agency reported.

Toshiba said on Tuesday it was "actively considering" a sale and other strategic options for Westinghouse, as it expanded a probe into problems there that caused the parent group to miss an earnings deadline for a second time.

The Japanese conglomerate said it believed it could findbuyers for a majority stake in Westinghouse but sidestepped questions about a potential Chapter 11 bankruptcy filing for the unit, saying only there were various options. Sources have said bankruptcy lawyers have been hired as an exploratory step.

Kyodo said Hiroshige Seko, Japan's minister of economy, trade and industry, told Japanese reporters after talks in Washington with U.S. Energy Secretary Rick Perry and Commerce Secretary Wilbur Ross that he had agreed with them to share information about developments in the case.

According to Kyodo, Seko said the U.S. Cabinet members had said they considered the fiscal stability of Toshiba extremely important.

Kyodo said Seko had a separate meeting on Thursday with Gary Cohn, director of the White House National Economic Council.

A White House official said, "The Westinghouse issue did come up in the meetings and both sides are monitoring it closely."

The U.S. Commerce and Energy departments and the National Economic Council did not respond to requests for comment.

Seko was on a one-day visit to prepare for a high-level bilateral economic dialogue due to start next month led by Japanese Deputy Prime Minister Taro Aso and U.S. Vice President Mike Pence.

A sale of Westinghouse would represent the latest in a series of steps Toshiba is taking to grapple with losses stemming from the nuclear unit's ill-fated purchase of a U.S. nuclear power plant construction company in 2015.

Toshiba has already put up most or even all of its memory chip business for sale to cope with an upcoming $6.3 billion writedown for the nuclear business and to create a buffer for potential losses down the road.

Westinghouse has been plagued by huge cost overruns at two U.S. projects in Georgia and South Carolina, and liabilities related to those projects mean it is unlikely to be an easy asset to sell, despite attractive technology.

Westinghouse has been negotiating a multi-billion-dollar deal to build six nuclear reactors in India after a 2008 civil nuclear accord, a deal supposed to showcase a new era of economic and strategic cooperation between the United States and India.

(Reporting by David Brunnstrom; Additional reporting by Timothy Gardner and Emily Stephenson; Editing by Leslie Adler)

...


64x64

More Chinese cities further restrict housing purchases to cool market www.xinhuanet.com

FUZHOU, March 16 (Xinhua) -- Authorities in the eastern Chinese cities of Nanjing and Qingdao on Thursday unveiled more steps that will restrict housing purchases and cool the property market.

Nanjing announced that starting from Thursday, people without a local "hukou" (permanent residence permits) and anyone who owns at least one house in the three districts of Liuhe, Lishui and Gaochun will not qualify to buy a house. In the main urban districts, local people who have at least two houses will be banned from buying another home.

The prices of new housing increased by 37.3 percent year on year in January in Nanjing, according to figures released by the National Bureau of Statistics of China.

Purchase restrictions have also been introduced in Qingdao. The city announced that starting Thursday, people without local "hukou" must provide a record that they have paid 12 months worth of income tax and social security payments in the last two years if they want to buy a house in the urban area. Non-locals who already have at least one home or can not provide such records will not qualify to buy homes in the urban area.

The prices of new housing in the city rose 13.2 percent year on year, or 0.1 percent month on month.

From March, dozens of second-tier cities and cities neighboring Beijing and Shanghai have restricted housing purchases to cool property markets.

In the first two months of 2017, the investment in China's real estate market rose 8.9 percent year on year to more than 985 billion yuan (143 billion U.S. dollars), and housing sales jumped 26 percent from the same period of 2016 to over 1 trillion yuan, the bureau said.

Analysts said that the investment and growth figures had beaten expectations.

"Further tightening measures were expected in more cities including first-tier cities in March," said Yan Yuejin, a housing market analyst.

...


64x64

G20 meeting to start in Germany www.nhk.or.jp

Finance ministers and central bank chiefs from the Group of 20 economies will start a meeting in southwestern Germany on Friday. All eyes are on whether they can agree to work together to promote free trade despite the new protectionist tendency of the United States.

The gathering in Baden-Baden will be the first occasion for the leaders to discuss global economic challenges since US President Donald Trump took office in January.

The G20 nations have been in agreement that they oppose any forms of protectionism and encourage free trade as a way to foster the world economy.

But the Trump administration is taking a protectionist stance. It calls it part of an effort to save US jobs.

On top of possible hikes in tariffs on imports, Washington has suggested it may ignore any ruling by the World Trade Organization that it sees as an affront to US sovereignty. Analysts are watching what arguments the US will present at the G20 meeting.

Finance Minister Taro Aso and Bank of Japan Governor Haruhiko Kuroda will represent Japan.

Aso is scheduled to hold his first meeting with US Treasury Secretary Steven Mnuchin on the sidelines of the G20 talks. Attention is focused on what they will discuss concerning foreign exchange policies and a new bilateral economic dialogue.

Tokyo and Washington are coordinating meetings between Aso, who doubles as deputy prime minister, and Vice President Mike Pence in mid-April.

 
 
 
...


64x64

Toyota to invest £240m in UK plant at Burnaston www.bbc.com

Toyota is to invest £240m in upgrading its UK factory that makes the Auris and Avensis models.
The Japanese carmaker's investment in the Burnaston plant near Derby will allow production of vehicles using its new global manufacturing system.
The factory employs about 2,500 people, while another 590 work at Toyota's engine plant at Deeside, North Wales.
Burnaston made about 180,000 vehicles last year, most of which are exported to Europe and other markets.
Johan van Zyl, chief executive of Toyota Motor Europe, said the investment showed that the company was doing all it could to make Burnaston more competitive.
However, he warned: "Continued tariff-and-barrier free market access between the UK and Europe that is predictable and uncomplicated will be vital for future success."
Industry trade body the SMMT said in January that uncertainty around Brexit and the UK's future trading arrangements had hit investment in the car sector.
Investment commitments in the UK automotive sector last year totalled £1.66bn, down from £2.5bn in 2015.
Business Secretary Greg Clark said Toyota's investment "underlines the company's faith in its employees and will help ensure the plant is well positioned for future Toyota models to be made in the UK".
The government is providing £21.3m in funding for training, research and development, and improving the Burnaston plant's environmental performance.
Last year, rival carmaker Nissan said it would build both the new Qashqai and the X-Trail SUV at its Sunderland plant following government "support and assurances".

...


64x64

BC copper-gold mine to reopen after six years www.mining.com

An exhausted copper-gold mine 250 kilometres north of Smithers will be given a second life when the owners of the Kemess open-pit mine go underground, using a novel block cave mining approach.

AuRico Gold (TSX/NYSE:AUQ) received an environmental certificate March 15 for its $684 million Kemess project. The project also has letters of support from three local First Nations.
The company's stock was up 4% to $1.13 per share in mid-day trading March 16.

The Toronto-headquartered company expects it will take another 12 months to get all the permitting in place and begin construction.

But because it will use block cave mining – a relatively uncommon approach for B.C. – it will take about another four years before it is in production.

In traditional underground mining, miners simply bore and blast their way underground in ever-expanding networks of tunnels.

In block cave mining, most of the underground work is done all up front. A large underground cave is created underneath the deposit and miners then begin a process of collapsing the roof so that the ore falls down. It is then crushed underground and sent to the surface and the processing plant by conveyor.

The block cave mining approach – which is also being used at the New Afton mine near Kamloops – has higher up-front capital costs, but lower ongoing operating costs.
“It’s a very low-cost approach, once you’re in operation,” John Minioutis, vice president of corporate development, told Business in Vancouver.

Once in production, the company estimates the mine, which has an estimated life of 12 years, will have a payback period of about three and a half years.

Since the mine was still in production in 2011, most of the existing infrastructure is already in place, including a 50,000-tonne per day processing plant, road, power transmission line, administration building and work camp.

The mine’s estimated production value for the first five years is 238,000 ounces gold equivalent per year, with all-in sustaining cash costs of $682 per ounce.

“There are other greenfield projects out there with higher rates of return, but this is much lower risk, because the processing plant’s in place,” Minioutis said. “We have over $1 billion of infrastructure and we basically already have a tailings solution.”

The tailings will be stored in the old open pit, which eliminates the need for a new tailings storage pond.

The new underground mine would be located six kilometres from the current operations. The mine may have further expansion prospects at a resource called Kemess East.

The Kemess open-pit mine, formerly owned and operated by Northgate Minerals, operated from 1998 to 2011, when it shut down after exhausting the deposit. The mine was acquired in 2015 by AuRico Gold, which later merged with Alamos Gold.

...


64x64

China & Saudi Arabia sign agreements worth $65bn www.rt.com

Saudi Arabia's King Salman started a month-long Asian tour with a visit to Beijing, where the two countries signed a broad range of deals potentially worth $65 billion.
According to Chinese Deputy Foreign Minister Zhang Ming, they agreed on memorandums of understanding, involving everything from energy to space.

"President Xi Jinping and King Salman are old friends," Zhang said as cited by Reuters. "Practical cooperation between China and Saudi Arabia has already made major achievements, and has huge potential."

King Salman's visit comes as Riyadh aims to promote investment opportunities in the kingdom, including the sale of a stake in state-owned oil giant Saudi Aramco.

Asian countries are vital importers of Saudi oil, and the country wants to boost sales to China.

Last year, Saudi Arabia lost its position to Russia as the biggest crude exporter to China. Oil exports from Russia to China have more than doubled over the past six years, up 550,000 barrels a day.

Chinese President Xi Jinping told the Saudi king his visit showed the importance he attached to relations with China.

"This visit will push forward and continue to improve the quality of our relations and bear new fruit," said Xi who visited Saudi Arabia last year.

Experts say Beijing’s non-interference in Middle East conflicts or diplomacy and its reliance on the region for oil is much valued.

According to an unnamed diplomat from a Muslim-majority country, China was trying to play the role of "honest broker" in the Middle East, as it lacks the historical baggage of the Americans or the Europeans.

"China does not take sides, and that is appreciated," said the diplomat.

...


64x64

TPP signatories agree to continue talks www.nhk.or.jp

Ministers of the remaining 11 member countries of the Trans-Pacific Partnership have agreed to keep talking, despite the US withdrawal from the pact in January.

The ministers met on Wednesday in Chile for the first time since the US pullout. That move seemed to scupper any chance that the pact would go ahead.

The ministers said in a statement they've confirmed the TPP's strategic and economic significance and are concerned about growing protectionism around the world.

The officials agreed to meet again in May.

...


64x64

Cabinet determines nature reserve boundaries www.gogo.mn

During its regular meeting on March 15, the Cabinet approved the boundaries for nature reserves in two aimags.
Firstly, the boundary of the Tost, Toson Bumba Mountain Nature Reserve in Gurvantes soum of Umnugobi aimag was determined as 743058.00 ha area.
In connection with the decision, corresponding officials and ministers were ordered to reach consensus on termination of mining licenses within the nature reserve boundary with the license holders. The Cabinet’s decision increases the total area of nationally protected areas by 0.4 percent.
Secondly, the Cabinet defined the boundary of Noyon Mountain Range Nature Reserve which covers territories of Mandal soum, Selenge aimag and Bornuur and Batsumber soums of Tuv aimag. The nature reserve’s boundary has been finalized as 11127.05 ha area in Selenge aimag and 650.0 ha area in Tuv aimag.
Thus, 11837.05 ha area surrounding the Noyon Mountain Range Nature Reserve is now protected by the Government, increasing the total area of protected areas by 0.04 percent. There are 5 special mining and exploration licenses in the now protected area.
The Noyon Mountain Range is rich in historical and archaeological remains. Corresponding organizations and governors were assigned to hold talks with related sides on the issue of nature reserve compensations and register them to database.

...