1 MONGOLIA PM FACES LIKELY CONFIDENCE VOTE AMID CORRUPTION CLAIMS WWW.AFP.COM PUBLISHED:2025/06/02      2 RIO TINTO FINDS ITS MEGA-MINE STUCK BETWEEN TWO MONGOLIAN STRONGMEN WWW.AFR.COM PUBLISHED:2025/06/02      3 SECRETARY RUBIO’S CALL WITH MONGOLIAN FOREIGN MINISTER BATTSETSEG, MAY 30, 2025 WWW.MN.USEMBASSY.GOV  PUBLISHED:2025/06/02      4 REGULAR TRAIN RIDES ON THE ULAANBAATAR-BEIJING RAILWAY ROUTE TO BE RESUMED WWW.MONTSAME.MN PUBLISHED:2025/06/02      5 MONGOLIAN DANCE TEAMS WIN THREE GOLD MEDALS AT THE WORLD CHAMPIONSHIP CHOREOGRAPHY LATIN 2025 WWW.MONTSAME.MN  PUBLISHED:2025/06/02      6 RUSSIA STARTS BUYING POTATOES FROM MONGOLIA WWW.CHARTER97.ORG PUBLISHED:2025/06/02      7 MONGOLIA BANS ONLINE GAMBLING, BETTING AND PAID LOTTERIES WWW.QAZINFORM.COM PUBLISHED:2025/06/02      8 HOW DISMANTLING THE US MILLENNIUM CHALLENGE CORPORATION WILL UNDERMINE MONGOLIA WWW.THEDIPLOMAT.COM PUBLISHED:2025/05/30      9 ORBMINCO ADVANCES BRONZE FOX PROJECT IN KINCORA COPPER PROJECT IN MONGOLIA WWW.DISCOVERYALERT.COM.AU PUBLISHED:2025/05/30      10 MONGOLIA SOLAR ENERGY SECTOR GROWTH: 1,000 MW BY 2025 SUCCESS WWW.PVKNOWHOW.COM PUBLISHED:2025/05/30      ЕРӨНХИЙЛӨГЧ У.ХҮРЭЛСҮХ, С.БЕРДЫМУХАМЕДОВ НАР АЛБАН ЁСНЫ ХЭЛЭЛЦЭЭ ХИЙЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/02     Н.НОМТОЙБАЯР: ДАРААГИЙН ЕРӨНХИЙ САЙД ТОДРОХ НЬ ЦАГ ХУГАЦААНЫ АСУУДАЛ БОЛСОН WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/02     Л.ТӨР-ОД МҮХАҮТ-ЫН ГҮЙЦЭТГЭХ ЗАХИРЛААР Х.БАТТУЛГЫН ХҮНИЙГ ЗҮТГҮҮЛЭХ ҮҮ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/02     ЦЕГ: ЗУНЫ ЗУГАА ТОГЛОЛТЫН ҮЕЭР 10 ХУТГА ХУРААЖ, СОГТУУРСАН 22 ИРГЭНИЙГ АР ГЭРТ НЬ ХҮЛЭЭЛГЭН ӨГСӨН WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/02     УУЛ УУРХАЙН ТЭЭВЭРЛЭЛТИЙГ БҮРЭН ЗОГСООЖ, ШАЛГАНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/02     ГАДНЫ КИБЕР ХАЛДЛАГЫН 11 ХУВЬ НЬ УИХ, 70 ХУВЬ НЬ ЗАСГИЙН ГАЗАР РУУ ЧИГЛЭДЭГ WWW.ZINDAA.MN НИЙТЭЛСЭН:2025/06/02     НИЙТИЙН ОРОН СУУЦНЫ 1 М.КВ-ЫН ДУНДАЖ ҮНЭ 3.6 САЯ ТӨГРӨГ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/02     ГОВИЙН БҮСИЙН ЧИГЛЭЛД УУЛ УУРХАЙН ТЭЭВЭРЛЭЛТИЙГ БҮРЭН ЗОГСООНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/05/30     СОР17 УЛААНБААТАР ХОТНОО 2026 ОНЫ НАЙМДУГААР САРЫН 17-28-НД БОЛНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/05/30     НИЙСЛЭЛИЙН ТӨР, ЗАХИРГААНЫ БАЙГУУЛЛАГЫН АЖИЛ 07:00 ЦАГТ ЭХЭЛЖ 16:00 ЦАГТ ТАРНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/05/30    

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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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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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China may ban imports of Australian wheat as trade tensions escalate – sources www.rt.com

Beijing is expected to bar Australian wheat imports, putting a AU$560 million (US$394 million) trade at risk, industry sources told the South China Morning Post. The grain could be the latest Australian product banned in China.
From Friday, Australian barley, sugar, red wine, timber, coal, lobster, copper ore and copper concentrates are expected to be barred from China even if the goods have been paid for and have arrived at ports. The ban on wheat is likely to follow, although a date has not yet been set, sources said.
“Chinese importers have been told to obey these rules strictly and suspend all orders for commercial reasons. Shipments arriving at the port before Friday will be released – but those arriving after will be impounded. It won't matter if they have already been sent to bonded areas,” a trader, who declined to be named, was quoted as saying by the Business Times.
The ban will undermine Australian exports to China that are worth more than $843 million annually. Wheat accounts for nearly half of the country's total grain exports to China.
Tensions between Australia and its largest trading partner have been flaring for around three years, after Canberra alleged that there was a growing Chinese influence on its domestic affairs – a claim repeatedly denied by Beijing.
In 2018, the Australian government added fuel to the fire as it banned China’s Huawei and ZTE from the country’s 5G rollout. The most recent escalation happened when Australia pushed for an international inquiry into the origins of the coronavirus outbreak in April.
Chinese authorities announced last week that they would suspend further imports of products from Emerald Grain and timber from Queensland. They said the decision was made after inspectors found unacceptable levels of contaminants and discovered pests in some cargoes. The decision was preceded by similar trade restrictions on beef, and anti-dumping duties on Australian barley and cheap Australian wine.
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BoM purchases 2.1 tons of precious metal in October www.montsame.mn

Ulaanbaatar /MONTSAME/. In October 2020, the Bank of Mongolia purchased 2.1 tons of precious metal, raising the BoM’s total precious metal purchase of 2020 to 19.2 tons, of which 17.5 tons were gold and 1.7 tons were silver. It means the amount of precious metal purchase increased by 6.3 tons compared with the same period of previous year.
In October, the BoM branches in Darkhan-Uul and Bayankhongor aimags bought 102.1 kg and 114.6 kg of precious metals respectively. The average price of BoM’s purchase of 1 gram of gold was MNT 174,145.46 in October.
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'Export Mongolia 2020' int'l virtual forum, exhibition to promote national brands www.montsame.mn

Ulaanbaatar /MONTSAME/ 'Export Mongolia 2020', international virtual forum and exhibition is to be co-organized by the Ministries of Food, Agriculture and Light Industry and Foreign Affairs, Small and Medium-Sized Enterprises Fund and National Development Agency on November 19-20 at Blue Sky Hotel in Ulaanbaatar.
The virtual forum and exhibition will aim to promote Mongolian brand products abroad, open up investment opportunities, diversify export, increase foreign trade and create cluster network.
Business forum, meeting, virtual exhibition, training and seminar will be organized on these days, while promoting products and disseminating information through foreign embassies in Mongolia and Mongolia’s Diplomatic Missions abroad as well as through international projects and programs and donor organizations including EDP, USAID, GIZ, EU-TRAM project, AmCham, French-Mongolian Commerce and Industry, Mongolian-European Chamber of Commerce and Industry, JICA, JETRO and KOICA.
The online meeting will allow businesses to present their projects and programs to investors from over 40 countries with support of the World Bank and to find trade and investment partners. With organization of the exhibition, Mongolian national brand products will be introduced to customers of over 10 countries and promoted at virtual exhibition for 14 days.
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