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    

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

NEWS

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Elixir Energy (ASX:EXR) finishes successful redrill in Mongolia www.themarketherald.com.au

Elixir Energy (EXR) has completed another well at its fully owned Nomgon IX coal-bed methane (CBM) production sharing contract (PSC) in Mongolia.
The Nomgon 5S re-drill appraisal strat-hole well was drilled to a depth of 450 metres, intersecting 47 metres of net coal.
Managing Director Neil Young said the Nomgon 5S well one of several successful wells recently completed in the sub-basin.
"The strong net coal outcome from the Nomgon 5S redrill all means we have now drilled five successful wells in the Nomgon sub-basin in a row," Neil stated.
"This well was a 7.3-metre step-out from the original Nomgon 1 discovery. Data from all the Nomgon wells willow be progressively analysed and integrated, leading firstly to updated prospective resource numbers followed by our maiden contingent resource booking," he continued.
Elixir is also drilling the Hutul 1S exploration well and expects to reach total depth and complete logging within a week.
The company intends to drill two more exploration strat-holes this year.
Shares last traded at 11.5 cents.
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Business groups urge Trump, others to be patient until U.S. election votes counted www.reuters.com

WASHINGTON (Reuters) - Business groups across the United States on Wednesday urged Republican President Donald Trump, his Democratic challenger Joe Biden, the media and all Americans to allow time to count all valid ballots cast in the close 2020 election.
Trump declared victory early Wednesday, made unsubstantiated claims of voter fraud, and called for the counting of ballots to be halted, shocking even some fellow Republicans and sending a chill through the U.S. business community.
Biden is leading the electoral college tally based on ballots counted as of Wednesday afternoon but the picture is unclear in Pennsylvania, Georgia and some other states.
The Trump campaign sued Michigan to stop its count and said it would seek a recount in another battleground state, Wisconsin, that was won by Biden.
The leaders of the U.S. Chamber of Commerce, the AFL-CIO, the largest U.S. labor federation, the National Association of Evangelicals and the National African-American Clery Network said in a joint statement that violence, intimidation and other tactics would weaken the country.
“A free and fair election is one in which everyone eligible to cast a ballot can, all ballots are counted consistent with the law, and the American people, through their votes, determine the outcome,” the statement said.
Rufus Yerxa, a former U.S. government official who heads the 100-member U.S. National Foreign Trade Council, said concerns about the counting and possible repression of ballots had raised concerns among colleagues in other democracies at a time when Trump’s trade policies had already put many allies on edge.
“I’ve sensed a lot of concern around the world about what is happening here,” he told Reuters. “I’ve told them that our election officials are still honest public servants who are doing their jobs,” he said, adding, “But in my long career, I’ve never seen democracy and the rule of law in such peril.”
Trump has made attacks on the integrity of U.S. elections a campaign theme, stoking concerns about potential fraud involving mail-in ballots whose use increased sharply because of the coronavirus pandemic, although voter fraud is vanishingly rare.
Jason Oxman, CEO of the global Information Technology Industry trade association, underscored the long history of peaceful and fair U.S. elections, and urged all Americans to remain patient until “the votes are all counted.”
Jay Timmons, chief executive of the National Association of Manufacturers, said manufacturers could help build unity in the deeply divided nation. “Just as we did after every election over the past decade, manufacturers will be part of the solution and move forward in a way that builds us up and leaves no one behind,” he said on Twitter.
Reporting by Andrea Shalal; editing by Grant McCool
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Mongolia: Coronavirus update as of 4 November 2020 www.eeas.europa.eu

Total number of confirmed cases: 352, Recovered: 314, Deaths: 0
(Information current as of 4 November 2020)
The Government of Mongolia extended the partial undertaking of high-alert preparedness through 31 October 2020 and issued precautionary measures.
This entails:
Suspension of all regular passenger flights;
Suspension of international passenger train travel;
Closure of all land borders of Mongolia with China and Russia.
The Mongolian Government continues to organise charter flights to repatriate Mongolian citizens. EU citizens can depart with these charter flights. EU citizens, who hold valid residency permits and visas might be allowed by authorities to enter Mongolia. For further information on return to Mongolia EU citizens are advised to contact Mongolian diplomatic missions abroad.
A negative COVID-19 test is required for entry. All entering travellers must undergo a 21-day quarantine in a government-designated facility, usually a hotel, at their own expense.
In November, charter flights will be organised to:
Frankfurt: 19 November;
Almaty: 6 November;
Tokyo: 11, 25 November;
Seoul: 12, 13, 18, 20, 27 November.
For reservations, prices and other information regarding the flights, EU citizens can directly contact MIAT Mongolian Airlines, tel.: (11) 333999 or Central Tower, tel.: (11) 313385 or Encanto Tower tel.: (11) 322118; or AirTrans ticketing agency City Plaza, tel.: (11)303030.
EU citizens are advised to contact their Embassy or the Embassy representing their country for consular issues in Ulaanbaatar for additional information.
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Mongolia bans New Year celebrations amid pandemic www.xinhuanet.com

The Mongolian government on Wednesday decided not to publicly celebrate the upcoming New Year due to the COVID-19 pandemic.
"The government decided not to widely celebrate the New Year nor organize public activities. The decision is part of the efforts to prevent the spread of the coronavirus," Deputy Prime Minister Yangu Sodbaatar said at a press conference.
New Year is one of the most celebrated holidays in Mongolia and almost all public and private organizations in the country hold parties with plenty of food and alcoholic drinks at restaurants, night clubs and bars in December to welcome the new year.
As of Wednesday, Mongolia has reported a total of 352 COVID-19 cases, all of which were imported.
No local transmissions or deaths have been reported in Mongolia so far. Enditem
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F1 news: Max Verstappen could be in trouble after Mongolian government request UN action over slurs www.givemesport.com

The Mongolian government have demanded action in the wake of Max Verstappen's comments made during the Portuguese Grand Prix weekend.
As per GPBlog, the report suggests an initial letter was sent by the country's Minister for Foreign Affairs' to the FIA, in regards to their concern over Verstappen's comments.
After no immediate response was forthcoming, however, the situation appears to have escalated.
Now, a second correspondence has been sent to the United Nations, demanding for public apologies from both Verstappen and Red Bull.
In practice during Round 12 in Portimao last month, the Dutchman was involved in a collision with Racing Point's Lance Stroll.
Using derogatory words in relation to the incident, Verstappen aimed a tirade of abuse at the Canadian, referring to Stroll as a 'mongol' while swearing repeatedly.
The comments have sparked outrage in the Asian nation, and global ambassador and representative to the UN Lundeg Purevsuren, wants action.
Quoted by Racefans.net, Purevsuren stated in his letter: "In both cases he refused to apologise publicly for using words based on the term ‘mongol’ (and) respect the Mongolian nation and community."
Verstappen has never been a wallflower in the paddock, never one to mince his words on the team radio.
But this is not the first strike for the Red Bull man, after a similar outburst three years ago, as Purevsuren notes.
"It is (obvious) that him and the Aston Martin Red Bull Racing Team did not learn the lesson in 2017, insisting that it was not his problem if anyone (was) offended by his language."
Verstappen himself was again wracked by frustration this weekend, after tyre failure forced his retirement at Imola on Sunday.
With a fortnight's break until F1 reconvenes in Turkey later this month, Verstappen might now be on a mission to not only mend his frayed nerves, but build bridges with a nation also.
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UN resolution on Mongolia’s international security and nuclear-weapon-free status adopted www.montsame.mn

Ulaanbaatar/MONTSAME/. A draft resolution on Mongolia’s International Security and Nuclear-Weapon-Free Status was adopted on November 3 at the meeting of the First Committee (Disarmament and International Security) of the 75th Session of the United Nations General Assembly.
Since 1998, the resolution has been biennially approved by the UN General Assembly. Mongolia’s nuclear-weapon-free status is evidence of its commitments to the global efforts for international peace and security, disarmament, and non-proliferation of nuclear weapons.
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Construction site for Tavantolgoi-Zuunbayan railroad taken under state special needs www.montsame.mn

Ulaanbaatar /MONTSAME/ Following decisions were made at the cabinet meeting dated November 4.
- The Cabinet decided to take 5,802 hectares of area that cover territories of Tsogttsetsii and Manlai soums of Umnugobi aimag, Mandakh, Saikhandulaan, Ulaanbadrakh and Sainshand soums of Dornogobi aimag under state special needs with a purpose to build 416.2 km railroad between Tavantolgoi and Zuunbayan.
- Extra pay for special working condition for emergency management officers, which was additional 20 percent of salary, is now increased to 30 percent.
- The Cabinet approved a regulation allowing to grant additional 50-percent quarterly payments of base salary for five years to officers who will work at emergency management offices in remote aimags and soums.
- If emergency management officers lose their ability to work by up to 40-49 percent during occupational injuries, compensation will be 30 times the minimum wage, 60 times the minimum wage for working ability loss by 50-69 percent, 90 times the minimum wage for more than 70 per cent of loss.
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Blizzard warning issued for most parts of the country www.montsame.mn

Ulaanbaatar /MONTSAME/. Snow and blizzards are expected in most parts of western aimags and western parts of central aimags tomorrow on November 4, and in most parts of central aimags, northern parts of Gobi aimags, and some parts of eastern aimags on November 5.
Snow is expected in eastern parts of western aimags, most parts of central aimags, some parts of eastern aimags, and northern parts of Gobi aimags on November 5, in eastern parts of western and eastern aimags and some parts of central aimags on November 6, in some parts of eastern aimags on November 7, and in the mountainous areas of Khangai, Khuvsgul, and Khentei on November 8.
Wind speed will temporarily reach 15-17 m/sec in some parts of the country on November 5 and 6, and in the Gobi and plains on November 7 and 8.
With temperature drops from November 6, in the mountainous areas of Altai, Khangai, Khuvsgul, and Khentei, near Khurenbelchir, in the head of Zavkhan river, in basins of Ider, Tes, Tuul and Terelj rivers, the temperature will range from -16 to -21 degrees Celsius during the night, and -1 to -6 during the day.
In the southern parts of the Gobi region, the temperature will be -1 to -6 during the night, and +4 to +9 during the day.
In other areas, the night-time temperature will be -8 to -13 degrees Celsius, and daytime temperature will be -2 to +3 degrees Celsius. Slight increase in temperature is expected in the western region on November 7, and in most parts of the country on November 8.
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Jack Ma's Ant Group: World's biggest market debut suspended www.bbc.com

The stock market debut by Chinese tech giant Ant Group has been abruptly halted.
Ant, backed by Jack Ma, billionaire founder of e-commerce platform Alibaba, was set to sell shares worth about $34.4bn (£26.5bn) on Thursday.
The listing in Shanghai and Hong Kong would have been the biggest stock market debut to date.
But Chinese authorities have cited "major issues" as the reason behind the eleventh hour suspension.
Ant runs Alipay, the main online payment system in China, where cash, cheques and credit cards have long been eclipsed by e-payment devices and apps.
Alipay says the total volume of payments on its platforms in China for the year ending in June was $17.6tn.
Shares of Alibaba plunged 9.6% on Wednesday as investors reacted to the share listing suspension.
However, Mr Ma and two top executives were asked to attend a meeting with financial regulators on Monday where they were told Ant's online lending business faces more government scrutiny, Reuters news agency reported.
The Shanghai stock exchange said on Tuesday that "major issues", including Ant's report of changes to the regulatory environment, meant Ant no longer met "listing conditions or information disclosure requirements".
The Hong Kong exchange then reported that Ant had decided to suspend its planned listing.
The share price was set on Monday amid reports of very strong demand from major investors.
Ant was due to sell about 11% of its shares. But the pricing valued the whole business at about $313bn.
The previous largest debut was Saudi Aramco's $29.4bn float last December.
Presentational grey line
Analysis box by Karishma Vaswani, Asia business correspondent
What was meant to be the world's biggest initial public offering has now been squashed by Chinese regulators.
In his prospectus letter, Ant's executive chairman, Eric Jing, had waxed lyrical about how the company is revolutionising the future of money.
But perhaps what he and Jack Ma - the billionaire founder of Alibaba and the largest controlling shareholder in Ant - didn't factor in is how ultimately, no matter revolutionary your business is, if it's operating in China, it still needs the blessing of Chinese regulators.
The firm's executives and Mr Ma were called in by Chinese authorities ostensibly for a discussion on regulating the sprawling fintech firm.
But media reports indicate the meeting may have also been an opportunity to address comments Mr Ma made at a fintech conference last month.
Mr Ma compared traditional banks to "pawn shops", lauding the merits of the digital banking system instead. He said future lending decisions should be based on data, not collateral.
That is likely to have set off alarm bells for Chinese officials. Ant collects vast amounts of data from its customers - data that the Chinese government doesn't have immediate access to, unless it asks for it.
China is extremely supportive of Chinese companies. It's a criticism levelled at it by other countries.
But in return, Beijing also expects a degree of control over Chinese companies that you wouldn't normally see in other countries.
Jack Ma's digital empire is increasingly veering outside that circle of control. Suspending this listing may serve as reminder of who really calls the shots.
Presentational grey line
Alibaba said it would be "proactive in supporting Ant Group to adapt to and embrace the evolving regulatory framework".
"We have full confidence in Ant Group colleagues' ability to do a good job. Society has high expectations for Alibaba.
"We will continue to work hard to not only meet but exceed expectations and fulfil our responsibility to society," the Chinese tech giant said.
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What investors are watching for the election - and what could go wrong www.reuters.com

(Reuters) - The stakes are high for financial markets as Americans go to the polls on Tuesday in U.S. elections that have already made history with a record number of early votes cast.
From potential major policy changes to huge election night volatility and post-election swings, this is what investors are watching out for on and after Nov. 3:
** Trading on the night. Stocks have been rocky in the run-up to the election and the CBOE Volatility Index .VIX, Wall Street's "fear gauge," has risen in recent weeks. Traders will be glued to screens following how U.S. futures EScv1 react to every twist and turn on election night, as well as U.S. Treasury futures TYv1 and the dollar =USD.
** U.S. Treasuries. The $20 trillion U.S. Treasury market has been asleep for months but recently showed signs of life as opposing bets on how the economy will perform clash amid jitters over the election.
** Currencies. Election-induced volatility may give a short-term boost to the dollar, though many investors believe the currency is set to weaken over the longer-term.
** How robust exchanges are. Exchanges and retail brokers, under scrutiny after recent outages, have spent months planning for the U.S. election. Now their preparations for what could be a highly volatile trading period are about to be put to the test.
** Market safeguards. Price limits and circuit breakers are safeguards meant to stop a market from moving too far or too fast over a specific period of time. Here is how they would work if markets tumble post-Election Day.
** Liquidity crunches. Large Wall Street banks have been running “war game” drills in their trading businesses and preparing clients for unexpected scenarios, hoping to avoid liquidity crunches or technical errors as markets react to news.
** Credit rating scrutiny. Some of the more influential observers of the election process will be the agencies that determine the country’s credit rating.
** Major policy shifts. Investors could confront dramatically different paths for the country on taxes, government spending, trade and regulation, depending on who wins.
** Stocks to watch. Various stocks and sectors could see dramatic swings, and investors have spent months trying to identify potential winners and losers.
** A bullish stock market. For those looking for stronger gains ahead, a Trump win may be a favored outcome according to one measure.
** Should Biden win, as polls suggest, his cabinet picks will receive close scrutiny from investors gauging how the new administration’s policy could impact markets.
** Big Tech. If Biden wins, technology companies could face higher tax rates and tax-motivated selling as well as increased regulation.
** Green funds. Fund managers have been betting that green-type stocks with environmental, social and governance (ESG) credentials would benefit from a Biden win.
** Healthcare stocks. A Biden victory and a potential Democratic takeover of the U.S. Senate could clear the way for prescription drug price and healthcare coverage reforms, generally seen as potential negatives for companies in the sector.
** Retail investors, meanwhile, will be among those looking to take advantage of post-election volatility.
Compiled by Megan Davies and Ira Iosebashvili; Editing by Sonya Hepinstall and Dan Grebler
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