A staggering 80 percent of air pollution in Ulaanbaatar city is caused by the coal-burning stoves used by households in the ger districts. Regarding the remainder: 10 percent is caused by vehicle exhausts, six percent by the capital’s power plants and four percent from waste disposal, dust and soil pollution.

The government has pledged significant funding to clean up the air — the equivalent of $55 million since 2008.

The top four teams in the FIBA 3×3 Federation Ranking in the women’s category (China, Mongolia, Russia and Romania) earned a trip to the Tokyo 2020 Olympics, where 3×3 will make their first appearance on 25-29 July.

Mongolian 3×3 Men’s Team will compete for the Olympic qualification in India on March, 2020.

Crude steel output totaled 748 million tons in the first nine months, up 8.4 percent year-on-year, while the output of cast iron went up 6.3 percent from a year ago to 612 million tons, showed data from the China Iron and Steel Industry Association (CISA).

Despite the rising output, China's steel enterprises reported declining efficacy, with the aggregate profit of the CISA members totaling 146.6 billion yuan ($20.8 billion), 32 percent lower than the same period a year ago.

Steel manufacturing cost in the period went up 8 to 10 percent, according to the CISA, mainly due to surging prices of imported iron ores, a key steelmaking raw material.

Meanwhile, the export and import of steel products decreased by 5 percent and 12.2 percent, respectively, showed the CISA data.

On Monday, the company announced a new logo for Facebook Inc. to distinguish the corporate parent from its apps, including its eponymous social media platform.
The logo, which features the word Facebook (FB) in all capital letters in a new font, alternates between blue, green and hues of purple, red and orange -- all colors that represent its other brands. (Blue for Facebook, green for WhatsApp and purple, red and orange for Instagram.)

The move highlights its effort to be more clear with consumers about the apps it owns. A recent survey by nonpartisan think tank Pew found that only 29% of Americans correctly answered that Instagram and WhatsApp are owned by Facebook.
"People should know which companies make the products they use," Facebook said in a blog post Monday.
The company plans to use the new logo on products and marketing materials in the weeks ahead.
In June, the company started adding the words "from Facebook" across all its apps. Soon, that language will feature the new logo, too.
Earlier this year, the company laid out plans to integrate its messaging platforms, WhatsApp, Instagram and Messenger, and make privacy a bigger focus. This includes encrypting communications and making it possible for users to send messages to their contacts using any of its services and SMS. The move could effectively cement Facebook's dominance over the messaging market for years to come.
The efforts come at a time when Facebook and other tech companies are facing heightened antitrust scrutiny.
In October, the New York attorney general announced that 47 state attorneys general are now investigating Facebook for evidence of anticompetitive practices. All the states involved "are concerned that Facebook may have put consumer data at risk, reduced the quality of consumers' choices, and increased the price of advertising."

UN Secretary General António Guterres said countries in the region were among the most vulnerable to global warming and should be on the "front line" of efforts to stop it.

He cited a new study that found that Asian countries were at particular risk of climate-driven flooding.

Coal is a major source of power in many Asian countries.

Speaking to reporters in the Thai capital Bangkok on Saturday, Mr Guterres described climate change as the "defining issue of our time".

The UN chief referenced a study published on Tuesday, which found that climate change would put millions more people at risk from coastal flooding by 2050 than previously thought.

The majority of those implicated were in developing countries across Asia, the study said.

Mr Gutterres said that while "people can discuss the accuracy of these figures...what is clear is that the trend is there".

He said the issue was "particularly sensitive" in Asia, where a "meaningful number" of new coal power plants are planned.

"We have to put a price on carbon. We need to stop subsidies for fossil fuels. And we need to stop the creation of new power plants based on coal in the future," Mr Gutterres warned.

Who is at risk in Asia?
Tuesday's report by Climate Central, a US-based non-profit news organisation, said 190 million people would be living in areas that are projected to be below high-tide lines in the year 2100.

It found that even with moderate reductions in greenhouse gas emissions, six Asian countries (China, Bangladesh, India, Vietnam, Indonesia, and Thailand), where 237 million people live today, could face annual coastal flooding threats by 2050.

China - 93 million people
Bangladesh - 42 million
India - 36 million
Vietnam - 31 million
Indonesia - 23 million
Thailand - 12 million

On the night between October 29 and 30, a joint investigation conducted by the General Intelligence Agency, the National Police Agency and the Mongolia Immigration Agency has found the citizens doing activities that are outside of their purpose of arriving in Mongolia. Thus, as stated in Article 37.1.7 of the Law on the Legal Status of Foreign Nationals, the citizens are banned from entering the territory of Mongolia for three years, and being deported via the ‘Zamiin-Uud’ international port then handed to the side of the People’s Republic of China.

Spokesperson of the National Police Agency B.Baatarkhuu reported that the police are working at high-level security in order to provide the safety of the Chinese citizens during their transport as well as potential risks. He said, “The train is scheduled at 8:45 pm. Of the total of 759 citizens that boarded the train, 103 citizens are women. The rest of the persons are currently under investigation for alleged cybercrimes.”

On October 30, Director of the General Intelligence Agency D.Gerel said, “We have been conducting an investigation on groups of citizens of the People’s Republic of China that were working online from August. They are being investigated on the allegation that about 800 citizens that entered Mongolia with tourist visas in groups of 20-30 were involved in money laundering via online games and other methods,” and Commissioner-General of the National Police Agency S.Baatarjav said, “During our investigation, it was revealed that the aforementioned citizens were using about 1,000 computers and about 10 thousand mobile sim cards. All of the citizens involved in the case aside from those who are suspected of being the organizers will be deported.”

The Chinese citizens that were arrested were staying at five hotels in Ulaanbaatar until their deportation.

Within the State Policy on energy, the Parliament and Government issued policy documents in 2010-2018 such as ‘Document of the State Policy on Energy,’ ‘Document to develop Southern Gobi infrastructure’ and ‘Construction of Tavan Tolgoi Power Plant,’ in which a power plant was reflected to be built through public and private partnership and complete in 2023. Within this frame, national companies introduced their projects to build the power plant at their own initiative. MCS Group formulated a project to establish Tavan Tolgoi Power Plant to be relied on Oyu Tolgoi and Tavan Tolgoi deposits. Newcom Group formulated a project to establish Renewable Energy Plant.

According to the project of MCS Group, it is possible to commence the construction work from March of 2020 and commission in 2023. A price per kilowatt electricity is estimated to be 9.5 cents. Newcom Group informed that price per kilowatt electricity will be 11.5 cents and construction work will be complete in 2022. As the power plant is planned to be established in southern Gobi, over USD200 million, current annual payment for imported electricity by Oyutolgoi Company, will remain in the country. Moreover, there will be advancement in the infrastructure development of Mongolia’s southern region and it will be domestically provided with electricity.

Carbon Revolution wheels are 13 times strong and 40 percent lighter than aluminium and each wheel contains enough carbon fibres to circle the earth twice.

Carbon Revolution is seeking to raise $88.3 million to $90.6 million, consisting a $30 million primary raising and secondary selldown of $58.5 million to $60.6 million to pay existing shareholders.

The Joint Lead Managers are Bell Potter and Evans Dixon. The bookbuild is covered and is priced at a fixed price of $2.60 per share, representing a market capitalisation of approximately $331 million. New investors will account for 27.4 percent of the company once floated.

Market commentators are confirming the book-build is heavily oversubscribed with many potential investors being heavily scaled back.

Some commentators are noting a pronounced change in investor appetite with Carbon Revolution allowing investors a chance to gravitate away from more ethereal business models (such as SaaS, platforms and portals) to more tangible businesses such as Carbon Revolution's advanced manufacturing.

Existing shareholders behind the company include Alex Waislitz's Thorney Group who took part in the pre-IPO raise, Acorn Capital, global wheelmaker Ronal AG of Switzerland Deakin University and the federal Clean Energy Finance Corporation.

Despite seeing a number of recent IPO disappointments, Carbon Revolution is forging ahead with its plans and according to the term sheet, will list on 10 December 2019 on the ASX.

By Dr.Nigel Finch

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

About the author
Former fund manager and finance academic, Dr Nigel Finch advises growing business on strategy execution, corporate governance and capital raising. Nigel has worked across all stages of the business cycle from start-ups to seasoned ASX-listed companies including many who have tackled Asia’s emerging markets. Authoring more than 5 books and 100 scholarly articles, Dr Finch has a thing or two to say about business.

If you need to chat about your business or learn more about how Saki Partners can assist you with your business needs, please schedule an obligation free phone call with Dr Nigel Finch by clicking the Book an Introductory Telephone Call button below.

The statement says “Some media outlets reported that on October 31, Chairman of the Constitutional Court of Mongolia D.Odbayar and A, who was accompanying him were taken into police custody for ‘sexually assaulting’ a flight attendant during a flight from Ulaanbaatar to Seoul. The statement continues with the spokesperson responsibly affirming that such reports about the Chairman of the Constitutional Court are groundless and false.

“Mongolian delegates headed by Chairman of the Constitutional Court D.Odbayar departed for Indonesia, where they will take part in a board meeting of the Association of Asian Constitutional Courts and Equivalent Institutions with layover in Seoul".

“An attempt was made to blame the Chairman of the Constitutional Court in the act of misconduct possibly committed by another citizen of Mongolia, who was sitting in the row behind him during the flight to South Korea. Chairman of the Constitutional Court D.Odbayar has turned to corresponding organizations concerning the wrongful accusation” the statement says.