Saturday, July 4, 2026

economy

Mongolia Pitches Transit Mongolia Vision at CAREC Transport Meeting

Mongolia kicked off the 23rd meeting of the CAREC Transport Sector Coordinating Committee on Monday in Ulaanbaatar, promoting its ambitious Transit Mongolia strategy as...

Mongolia Signs MNT 85 Billion Concessional Loans for Wool and Hides

Minister of Food, Agriculture, and Light Industry Iderbat Tsagaankhuu signed agreements with five commercial banks on Monday to provide concessional loans totaling MNT 85...

South Korea’s Lee Urges Long-Term Investment of Excess Tax Revenue

President Lee Jae Myung said on Monday that excess tax revenue from the semiconductor boom should fund long-term investments to raise growth potential. He...

Japan Eyes 1% Rate for Food Consumption Tax

Prime Minister Sanae Takaichi is moving toward a 1% rate on food consumption tax as she seeks to deliver on a key election promise....

Mining-Led Growth Pushes Mongolia’s Economy Up 7.9% in First Quarter

Mongolia's economy expanded by 7.9 percent in the first quarter of 2026, driven by a powerful mining-led growth surge. The National Statistics Office released...

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