Friday, June 12, 2026

Business

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...

Hyundai Plans Deployment of 25,000 Atlas Robots at US Plants

Hyundai Motor Group plans to deploy more than 25,000 Atlas humanoid robots across its vehicle manufacturing operations. The group unveiled this Atlas deployment at...

Mongolia Japan Cooperation Strengthens Energy Investment Talks

A Mongolia Japan Cooperation forum in Tokyo highlighted expanding economic ties between both countries through investment discussions. Furthermore, government officials and business leaders explored...

Mongolia Budget Growth Boosts Early 2026 Revenue

Mongolia Budget Growth continued during the first four months of 2026 as government revenue expanded considerably nationwide. Furthermore, preliminary financial data showed strong increases...

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