1 PRIME MINISTER OYUN-ERDENE VISITS EGIIN GOL HYDROPOWER PLANT PROJECT SITE WWW.MONTSAME.MN PUBLISHED:2025/04/30      2 ‘I FELT CAUGHT BETWEEN CULTURES’: MONGOLIAN MUSICIAN ENJI ON HER BEGUILING, BORDER-CROSSING MUSIC WWW.THEGUARDIAN.COM PUBLISHED:2025/04/30      3 POWER OF SIBERIA 2: ECONOMIC OPPORTUNITY OR GEOPOLITICAL RISK FOR MONGOLIA? WWW.THEDIPLOMAT.COM PUBLISHED:2025/04/29      4 UNITED AIRLINES TO LAUNCH FLIGHTS TO MONGOLIA IN MAY WWW.MONTSAME.MN PUBLISHED:2025/04/29      5 SIGNATURE OF OIL SALES AGREEMENT FOR BLOCK XX PRODUCTION WWW.RESEARCH-TREE.COM  PUBLISHED:2025/04/29      6 MONGOLIA ISSUES E-VISAS TO 11,575 FOREIGNERS IN Q1 WWW.XINHUANET.COM PUBLISHED:2025/04/29      7 KOREA AN IDEAL PARTNER TO HELP MONGOLIA GROW, SEOUL'S ENVOY SAYS WWW.KOREAJOONGANGDAILY.JOINS.COM  PUBLISHED:2025/04/29      8 MONGOLIA TO HOST THE 30TH ANNUAL GENERAL MEETING OF ASIA SECURITIES FORUM WWW.MONTSAME.MN PUBLISHED:2025/04/29      9 BAGAKHANGAI-KHUSHIG VALLEY RAILWAY PROJECT LAUNCHES WWW.UBPOST.MN PUBLISHED:2025/04/29      10 THE MONGOLIAN BUSINESS ENVIRONMENT AND FDI: CHALLENGES AND OPPORTUNITY WWW.MELVILLEDALAI.COM  PUBLISHED:2025/04/28      849 ТЭРБУМЫН ӨРТӨГТЭЙ "ГАШУУНСУХАЙТ-ГАНЦМОД" БООМТЫН ТЭЗҮ-Д ТУРШЛАГАГҮЙ, МОНГОЛ 2 КОМПАНИ ҮНИЙН САНАЛ ИРҮҮЛЭВ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/30     ХУУЛЬ БУСААР АШИГЛАЖ БАЙСАН "БОГД УУЛ" СУВИЛЛЫГ НИЙСЛЭЛ ӨМЧЛӨЛДӨӨ БУЦААВ WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/30     МЕТРО БАРИХ ТӨСЛИЙГ ГҮЙЦЭТГЭХЭЭР САНАЛАА ӨГСӨН МОНГОЛЫН ГУРВАН КОМПАНИ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/30     "UPC RENEWABLES" КОМПАНИТАЙ ХАМТРАН 2400 МВТ-ЫН ХҮЧИН ЧАДАЛТАЙ САЛХИН ЦАХИЛГААН СТАНЦ БАРИХААР БОЛОВ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/30     ОРОСЫН МОНГОЛ УЛС ДАХЬ ТОМООХОН ТӨСЛҮҮД ДЭЭР “ГАР БАРИХ” СОНИРХОЛ БА АМБИЦ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/30     МОНГОЛ, АНУ-ЫН ХООРОНД ТАВДУГААР САРЫН 1-НЭЭС НИСЛЭГ ҮЙЛДЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     ЕРӨНХИЙ САЙД Л.ОЮУН-ЭРДЭНЭ ЭГИЙН ГОЛЫН УЦС-ЫН ТӨСЛИЙН ТАЛБАЙД АЖИЛЛАЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     Ц.ТОД-ЭРДЭНЭ: БИЧИГТ БООМТЫН ЕРӨНХИЙ ТӨЛӨВЛӨГӨӨ БАТЛАГДВАЛ БУСАД БҮТЭЭН БАЙГУУЛАЛТЫН АЖЛУУД ЭХЛЭХ БОЛОМЖ БҮРДЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     MCS-ИЙН ХОЁР ДАХЬ “УХАА ХУДАГ”: БНХАУ, АВСТРАЛИТАЙ ХАМТРАН ЭЗЭМШДЭГ БАРУУН НАРАНГИЙН ХАЙГУУЛЫГ УЛСЫН ТӨСВӨӨР ХИЙЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/29     АМ.ДОЛЛАРЫН ХАНШ ТОГТВОРЖИЖ 3595 ТӨГРӨГ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/29    

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

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30,000 km expansion of rail network planned www.chinadaily.com

Nation also intends to transform high-speed rail industry into an economic driving force.
 
China intends to build 30,000 km of train tracks by the end of 2020, extending the total length of its railways to 150,000 km, a Ministry of Transport official said on Thursday.
 
Some 11,000 km of these railways will be for high-speed trains, yielding a total of about 30,000 km of high-speed rail, Zhang Dawei, deputy head of the ministry's planning department, said at a news conference in Beijing on Thursday.
 
"We will accelerate the construction of railways in central and western parts of China. We will also boost the expansion of intercity and suburban rail links," he said.
 
"By the end of 2020, more than 80 percent of mainland cities with populations of at least 1 million will be covered by high-speed railways."
 
On Wednesday, the National Development and Reform Commission issued a national railway development plan that envisions a 175,000-km rail network by the end of 2025. Under the plan, China will have 38,000 km of high-speed railways by then.
 
According to the NDRC, the country had an operational rail length of 121,000 km by 2015, and 19,000 km of that was high-speed. More than 60 percent of the world's high-speed rail is in China.
 
China Railway Corp said that since 2008, when the nation opened its first high-speed line, connecting Beijing and Tianjin, more than 5 billion passenger trips have been made on Chinese high-speed railways and passengers on high-speed lines increased by 30 percent annually.
 
About 4,200 bullet trains run in China each day, providing more than 4 million passenger trips, the industry giant said.
 
Wang Xianqing, director of the Institute of Logistic Economics at Guangdong University of Finance and Economics, said the central government has regarded high-speed railways as strategically important.
 
"The government plans to boost industries involved in high-speed rail and turn them into a new economic driving force," he said. "The new railway development plan encourages private enterprises to invest in railways, which will generate opportunities for them."
 
The rapid growth of high-speed rail in China has largely stimulated the formation of economic clusters and real estate development, he said.
 
In addition to the expansion of the railway network, China is also developing a next-generation bullet train that can run as fast as 400 km/h, said Jia Limin, a professor at Beijing Jiaotong University and the head of the national high-speed railway innovation program.
 
The ultrafast train will be able to adjust its wheels to fit various gauges on foreign tracks, making it more suitable for cross-border service than today's trains, Jia said.
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End of an era; Japan stops making VCRs www.asia.nikkei.com

TOKYO -- The ship has sailed on the VHS tape as Japan's Funai Electric has announced it will end production of home videocassette recorders in July.
 
Funai, the last remaining VCR manufacture in the country, made the decision due to smaller demand and limited parts availability for the analogue device. Panasonic and other once-leading brands had already withdrawn from the VCR market.
 
Since it began making VCRs in 1983, Funai has manufactured the product in China for sale in North America and other parts of the world, mainly under the Sanyo brand, now a unit of Panasonic.
 
It used to sell as many as 15 million units annually. But the number shrank to 750,000 last year as magnetic recording has been replaced with optical media, for DVDs and Blu-ray discs.
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Facebook's solar-powered internet plane takes flight www.theguardian.com

Facebook has announced the first successful test flight of a high-altitude solar plane to bring internet access to remote parts of the world.
 
The Aquila drone has the wingspan of an airliner but weighs less than a car. When cruising it consumes just 5,000 watts – the same as three hairdryers or a powerful microwave.
 
The first flight took place on 28 June in Arizona. Facebook said the test went better than expected and that Aquila’s 96-minute flight was three times longer than planned.
 
Aquila was developed in Bridgwater, Somerset, by Ascenta, a designer of solar-powered drones that Facebook bought in March 2014. The drone, designed to fly non-stop for three months, will use lasers to beam down internet access to remote areas without online capacity.
 
Facebook installed a team of engineers at Bridgwater from fields of expertise including aerospace, avionics and software and who had previously worked at organisations such as Nasa, Boeing and the Royal Air Force.
 
Mark Zuckerberg, Facebook’s chief executive, revealed in March 2015 that the company had been testing drones in the skies over the UK.
 
Facebook intends Aquila to be part of a fleet of planes that will provide the internet to 4 billion people in sub-Saharan Africa and other remote regions that do not have access currently.
 
Jay Parikh, Facebook’s head of engineering and infrastructure, said in a blog: “We’re encouraged by this first successful flight, but we have a lot of work ahead of us … In our next tests, we will fly Aquila faster, higher and longer, eventually taking it above 60,000 feet.”
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New Gorilla Glass helps prevent phone smashes www.bbc.com

Dropping your smartphone when taking a selfie could soon be less risky, says specialist glass maker Corning.
It has launched its next generation of Gorilla Glass - the material used in more than 70% of smartphone screens, including on Samsung and Apple devices.
Corning said Gorilla Glass 5 could survive more than 80% of drops from as high as 1.6 metres.
Shattered or cracked screens are the number one cause of smartphone repairs and customer complaints globally.
The new glass was tested on rough surfaces - a demo for journalists showed dummy phones being dropped from a height of 1.6 meters onto a sheet of sandpaper.
Some of the phones tested survived over 20 hard drops in the lab. Typically, most phone drops are from between waist and shoulder height.
As well as drops, the company said it was twice at good at resisting scratches and other damage compared to what's currently on the market.
Device manufacturers are expected to unveil products with the new glass within the next few months.
Melting pot
"We've been working with our closest customers for quite some time now," Corning's vice president and general manager John Bayne told the BBC.
"And there's tremendous interest in this product for obvious reasons."
However, he warned that Corning had no control over eventual smartphone designs, meaning some models could be slightly weaker depending on the manufacture and design of the device. Corning's statistics were based instead on controlled lab conditions.
The company would not let the BBC test the glass outside of the lab.
Corning's work in specialist glass dates back to 1879, when it produced the glass used in the iconic Edison lightbulb.
By 2016, more than 4.5 billion devices use Gorilla Glass, which is created using a technique known as fusion forming. It involves placing the raw materials - sand and "other inorganic material" - into a melting pot.
It is then transferred to an isopipe, essentially a small trough, which is intentionally overfilled. The melted material spills out over both sides and combines underneath to form the sheet of glass.
This technique means there is no human contact needed in creating the glass, eliminating defects and removing the need to treat the glass afterwards.
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Softbank, Honda to jointly research on AI for cars www3.nhk.or.jp

Executives at Japanese telecom operator Softbank and Honda Motor say they are going to start joint research on artificial intelligence for vehicles.
 
Softbank Group officials say the companies will develop voice interaction technology that enables AI-equipped cars to understand the driver's emotions.
 
The research work will draw on the technology behind the humanoid robot "Pepper," developed by Softbank Group. The robot behaves and chats as if it has emotions of its own.
 
The officials say the vehicle AI will sense drivers' feelings and interact with them. The technology will be integrated with navigation systems, cameras and sensors installed in vehicles.
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IMF: G20 should prepare for 'Brexit' impact www3.nhk.or.jp

The International Monetary Fund has asked Group of 20 finance officials to prepare for possible problems in negotiations on Britain's exit from the European Union.
 
The IMF's recommendation came in a report it published on global economic issues on Thursday.
 
G20 finance ministers and central bank governors are to hold a meeting in Chengdu, China, on Saturday and Sunday. The finance officials are expected to discuss ways to cope with uncertainties in financial markets and the world economy.
 
Britain's decision to leave the EU sparked turmoil and uncertainty in markets at one time. The Japanese yen surged against the dollar to its highest level in more than 2-and-a-half years as investors seeking a safe haven bought the currency.
The IMF report says reducing uncertainty surrounding Britain's exit from the European Union would help limit an adverse impact. It says a smooth and predictable transition to a new relationship between the UK and the EU that as much as possible preserves the gains from trade is essential.
 
The report says that while uncertainty about the outcome of negotiations remains, policymakers should stand ready to act decisively should financial market turbulence threaten the global outlook.
 
Observers say the focal point in the meeting is how much the G20 financial officials will be able to cooperate to reduce the impact of "Brexit".
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Japan’s Komatsu is buying Joy Global for $3.7 billion www.mining.com

Japanese manufacturer of mining equipment Komatsu (TYO: 6301) will buy US-based competitor Joy Global (NYSE:JOY) in a transaction valued at $3.7 billion, the latest takeover in a string of outbound M&A deals by Japanese companies encouraged by a strong yen.
 
Under the terms of the agreement, Joy Global stockholders will receive $28.30 per share in cash for each outstanding share of common stock held, representing a 48% premium to the volume weighted average closing price of Joy Global’s common stock for the 90 trading days, and a 41% premium to the volume weighted average closing price of the firm's common stock for the 60 trading days prior to July 21, 2016.
 
The deal, Komatsu’s biggest-ever acquisition, is set to boost its ability to compete with Western rivals, particularly Caterpillar (NYSE:CAT).
 
Joy Global’s chief executive, Ted Doheny, said that while the deal was a “compelling transaction”, it didn’t mean conditions in the sector have improved.
 
“The mining industry continues to face cyclical headwinds from oversupplied commodities and reduced end user demand resulting in free cash flow restrictions for most producers,” he said in a statement. “We are also seeing structural changes in the US and China coal industry.”
 
Komatsu, the world's second-biggest mining and construction equipment maker, said the deal was consistent with its growth strategy for the mining division. The Japanese firm’s main plant for that sort of equipment is based in Peoria, Illinois, which makes it an easy fit with Joy Global.
 
Currently, Komatsu only makes surface-mining equipment, while Joy is the largest independent manufacturer of machines used underground.
 
The deal is expected to close next year.
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German firms want an over €2bn stake in Russian high-speed railway www.rt.com

A consortium of major German companies has offered an over €2 billion investment in the Moscow-Kazan high-speed railway, Kommersant daily reported citing its sources.
 
According to them, officials from Russian Railways (RZD) met with the head of Siemens Russia and CIS Dietrich Meller this month. They discussed the possibility of €1.5 billion investment in the railway construction with an additional €700 million for the purchase of rolling stock. Siemens along with Deutsche Bank, Deutsche Bahn and other major companies are part of the German Initiative Group consortium.
 
Siemens has said it is ready to provide an enhanced version of the high-speed Sapsan train for the new railway.
 
The Moscow-Kazan route is planned as part of a network of high-speed lines to be built by the time Russia hosts the football World Cup in 2018.
 
China has already expressed an interest in funding the Russian project, saying it will put in up to $6 billion. Beijing considers the Moscow-Kazan project not only as an investment, but also as a way to boost communication and trade with Russia and Europe.
 
The joint Russia-China investment in the railway is about $15 billion.
 
The cost of the 770-kilometer track which stretches through seven regions of Russia is estimated at $21.4 billion. The current journey time from Moscow to Kazan of 12 hours will be reduced to three and a half. The trains will be able to reach speeds of 400 kilometers per hour.
 
The Moscow-Kazan railway is a step towards the future connection between Moscow and Beijing as the two countries plan a high-speed railway linking their capitals. The 6,000 kilometer train journey between the two countries will take just two days. In January, RZD head Aleksandr Misharin said the construction of the Russia-China route would take from eight to 10 years.
 
When talking about the negotiations with German and Chinese partners, Misharin said the company was “choosing a competitive offer.”
 
Meanwhile, Siemens has expressed an interest in cooperating with Russia and China over the manufacturing of rolling stock for the new route. "We may consider a trilateral partnership. We have a joint venture with the Russian Sinara group and excellent relations with China in the area of train production,” said Meller.
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French winery wants to invest in Crimea www.rt.com

French wine producer Liber Pater Bordeaux is ready to develop winemaking in Crimea, according to the peninsula’s ministry of agriculture.
 
A representative of Liber Pater Bordeaux, Loic Pasquier, has offered to set up a winery with Russian company Wintex which already operates in Russia’s Krasnodar region.
 
Crimea’s Minister of Agriculture Andrey Grigorenko suggested the French company “develop a business plan and choose land for the project.”
 
"Grape growing and winemaking are the priority sectors of our republic’s agricultural development, that’s why we welcome investment in Crimea,” the minister said, adding that Liber Pater Bordeaux could become part of Crimea’s tax-free economic zone which came into effect in March 2014.
 
"You should meet all the conditions to become a participant of the tax-free economic zone. Our experts will help to solve all the logistical issues,” Grigorenko told Pasquier.
 
The head of Crimea Sergey Aksenov has previously said the region offers a safe and comfortable environment for foreign investors willing to run a business on the peninsula.
 
The tax-free economic zone makes Crimea particularly attractive. The Italian company Ecologia e Ambiente plans to invest €300 million in the development of grape growing and winemaking in Crimea.
 
The head of the Italian Baracchi winery Riccardo Baracchi visited Crimea last month, said he intends to set up production of his wine in the region.
 
Investors from Italy visited Crimea in April looking for land to build an agro-industrial park. They plan to attract dozens of Italian agricultural technology companies to work in the park. The businessmen are interested in building greenhouses and develop wine growing, livestock breeding and processing agricultural goods.
 
Turkish, Saudi and Chinese businessmen have also expressed an interest in the peninsula. Businessmen from Turkey are expected to invest over $12 billion in Crimea. They have already signed a deal to construct a five-star hotel in Simferopol.
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PayPal seeks to extend reach with Visa tie-up www.reuters.com

PayPal Holdings Inc (PYPL.O) on Thursday showed strong growth in its online payments business, meeting Wall Street earnings expectations and announcing a partnership with Visa Inc (V.N) that is expected to boost the reach and revenue of the money-moving service.
 
The deal is intended to make it easier for customers to use Visa credit and debit cards in PayPal transactions and allow shoppers to use PayPal in brick-and-mortar retail locations.
 
PayPal shares were up about 2 percent in after-hours trading. Shares are up more than 30 percent over the last six months.
 
The San Jose, California, company raised its full-year 2016 revenue guidance to a range of $10.75 billion to $10.85 billion, and projects growth of at least 16 percent.
 
Second-quarter earnings rose to 36 cents per share, in line with analysts' expectations, and year-over-year revenue growth rose 15 percent to $2.65 billion.
 
The Visa partnership allows PayPal users to cash out their PayPal accounts instantly by using a Visa debit card. Any balance in the user's PayPal account can be immediately transferred to a bank account tied to the Visa card. The process used to take several hours or days, said Bill Ready, PayPal's global head of product and engineering.
 
Some retail locations that accept Visa tap-and-pay - a feature that allows the shopper to wave a card or mobile phone over a reader to pay - will also accept PayPal. Ready would not offer specifics on the timeline or locations.
 
Ready declined to say how much additional revenue the Visa partnership might generate, but said: "When you make payment super low-friction, super easy to do, you see a great increase in volume and conversion rates."
 
Some investors voiced concerns about additional transaction expenses, while others cheered the partnership as driving "meaningful upside" for PayPal, analyst Bill Carcache of Nomura Securities said in a research note.
 
"A collaboration between PayPal and Visa could present a formidable obstacle to Apple Pay (and) Google Wallet," added Charles King, principal analyst at Pund-IT.
 
The 18-year-old PayPal is a leader in online payments despite an increasingly crowded field. It has 188 million quarterly active customer accounts, an 11 percent increase, and completed 1.4 billion transactions, a 25 percent jump from the same period last year.
 
PayPal completed a spin-off from e-commerce company eBay Inc.(EBAY.O) a year ago. Its current market cap is more than $48 billion.
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