Saturday, October 3, 2026

economy

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...

Green Loans Reach MNT 2.54 Trillion in Mongolia in Q1

Green loans in Mongolia reached MNT 2.54 trillion by the end of the first quarter of 2026. The banking sector reported that these loans...

Fee Reduction at Oyu Tolgoi Saves Mongolia 2.2 Billion Dollars

A working group under Prime Ministerial Order No. 68 has been negotiating with Rio Tinto. The group aims to cut the management fee rate...

North Koreans Abandon Single-Story Homes for Guarded Apartments

North Koreans in major cities increasingly prefer guarded apartments over traditional single-story homes. Rising crime and soaring heating fuel costs make standalone housing feel...

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