Mongolia Faces Rising Economic Uncertainty as World Bank Cuts 2026 Growth Forecast to 5%
Rising economic uncertainty now clouds Mongolia's otherwise resilient economy. World Bank Country Manager for Mongolia Taehyun Lee presented the latest Mongolia Economic Update. Lee...
Japan Chip Funding Surge Adds 631 Billion Yen for Rapidus Next-Generation Semiconductors
Chip funding surge has provided an additional 631.5 billion yen to Tokyo-based semiconductor maker Rapidus Corp. Additionally, the industry ministry announced the funding on...
Mongolia and Russia Hold Energy Partnership Talks as Middle East Crisis Disrupts Markets
Energy partnership talks took place between Prime Minister Uchral Nyam-Osor and Russian Ambassador Evsikov Alexey Nikolaevich. The Prime Minister expressed appreciation for congratulatory messages...
Mongolia Launches Steel Plant Push With 806 Million Investment for Darkhan-Uul
Steel plant push will invite leading steel-producing countries and major enterprises to participate in a new Mongolian project. Specifically, the government will send bidding...
Mongolia Cashmere Industry Boost Sees Exports Rise 4.7 Times Under White Gold Program
Cashmere industry boost has transformed Mongolia's wool and cashmere processing sector. Specifically, President Khurelsukh Ukhnaa visited Mogol Wool LLC in Tuv aimag to see...
