Emperor Naruhito and Empress Masako will likely visit Mongolia in July, the first trip to the country by a reigning imperial couple, people familiar with the matter said Thursday.

This will be the couple's third overseas goodwill trip since the emperor's accession to the throne in 2019 following their visits to Indonesia in 2023 and Britain in 2024.

The emperor and empress are expected to attend a ceremony during Mongolia's annual Naadam festival at the invitation of the Mongolian side, the people said.

The couple are also expected to visit a monument erected to remember Japanese nationals who died in Mongolia after being detained by the former Soviet Union during World War II. This year marks the 80th anniversary of Japan's surrender in the war.

Emperor Naruhito visited the monument during his trip in 2007 when he was the crown prince.

After the end of the war, some 14,000 Japanese people were taken to Mongolia by the former Soviet Union for forced labor. The Japanese government built the monument near Ulaanbaatar, the capital of Mongolia, to remember the about 1,700 Japanese detainees who died there.

The Ministry of Education of Mongolia completed all 21 construction projects planned under the first component of the “Improving the Quality and Accessibility of Education During an Economic Downturn” Project, which has been implemented since 2019 with concessional loans from the Asian Development Bank.

With funding from this project, two new schools and two new kindergartens were built, while five schools and 12 kindergartens were expanded. This resulted in an additional 3,400 school seats and 2,325 kindergarten beds. Consequently, around 10,000 children in Ulaanbaatar City, Darkhan-Uul, Govisumber, and Govi-Altai aimag centers now have accessible, healthy, and safe learning environments that meet standards. In addition, 478 new jobs were created.

Two schools and seven kindergartens were constructed in the Bayanzurkh and Songinokhairkhan districts in Ulaanbaatar, which have high population densities and a high number of migrants from rural areas. Furthermore, the project furnished all newly built and expanded schools and kindergartens with necessary furniture, computers, equipment, kitchen appliances, soft furnishings, and other teaching materials, thereby creating a supportive environment for children’s learning and development.

On March 3, 2024, the Government of Mongolia and the Asian Development Bank finalized an agreement for additional financing of this project. As a result, the Ministry of Education is planning to build three more schools and six kindergartens in the capital and rural areas, increasing capacity by an additional 960 school seats and 940 kindergarten beds.

The rapid response headquarters held a regular meeting to address air pollution, advance infrastructure development projects, and ensure inter-sectoral coordination in Ulaanbaatar.

Following the meeting, L.Oyun-Erdene, Prime Minister of Mongolia, visited the progress of the new Central treatment plant, which is being constructed with a concessional loan from China. The plant is 95% complete and is slated for commissioning in August, 2025.

As part of the project, efforts to introduce wastewater recycling technology are also underway, with 60% of the work completed. Once operational, the recycling of treated water will help reduce the reliance on groundwater for industrial purposes, contributing to more sustainable water management.

The Mongolian government has decided to stockpile at least 10,000 tons of livestock meat to ensure a steady supply for residents of the national capital during the spring season of 2025.

Relevant officials have been assigned to oversee the supply, distribution, sales, quality and safety of the reserved meat, according to a statement from the government's press office on Wednesday.

During the harsh spring season, as nomadic livestock become lean and herders have fewer animals to sell, meat prices rise in urban areas, leading to potential shortages.

Ulan Bator is home to about half of Mongolia's 3.5-million population, and livestock meat is the primary food consumed by Mongolians.

As one of the world's last remaining nomadic nations, Mongolia had 57.6 million livestock at the end of 2024, according to the National Statistics Office.

In 2024, a total of 7.1792 million travelers crossed the border of Mongolia, representing an increase of 1.8443 million, or 34.6%, compared to the previous year.

Among the 3.5766 million travelers who entered Mongolia in 2024, 34.0% used the Zamiin-Uud border port, 25.9% arrived through Chinggis Khaan International Airport, 9.6% entered via Altanbulag, 8.9% via Gashuunsukhait, 5.2% through Shiveekhuren, and 16.4% via other checkpoints. Of the total inbound travelers, 2.7228 million (76.1%) were Mongolian nationals, while 853.8 thousand (23.9%) were foreign nationals. Compared to the previous year, the number of Mongolian citizens entering the country increased by 714.0 thousand (35.5%), while the number of foreign visitors grew by 209.8 thousand (32.6%).

Among the foreign visitors, 516.6 thousand (60.5%) were male, and 337.2 thousand (39.5%) were female.

In terms of regional distribution, 63.3% of the foreign visitors were from East Asia and the Pacific region, 32.1% from Europe, 2.5% from the Americas, 1.2% from the Middle East, 0.7% from South Asia, and 0.2% from Africa. By nationality, 29.6% of the foreign visitors were from China, 26.2% from Russia, 22.6% from South Korea, 3.1% from Japan, 2.9% from Kazakhstan, 2.1% from the United States, and 13.5% from other countries.

During its regular session on January 29, 2025, the Cabinet of Mongolia approved the action plan of the “Atar-4” Sustainable Agriculture Development Campaign aiming at introducing advanced technology and crops suitable for the soil and climate of Mongolia and supporting industrial agriculture.

President of the Bank of Mongolia Lkhagvasuren Byadran was instructed to fund soft loans to agricultural enterprises that operate in agriculture, livestock, and food production sectors through commercial banks in line with relevant laws and regulations.

As part of the “Atar-4” Sustainable Agriculture Development Campaign, 60 measures will be implemented in line with five goals including “Adapting to Climate Change, Environmentally-Friendly Agriculture,” “Regional Development,” “Industry and Value Chains,” “Innovation and Technology,” and “Risk Management System and Foreign Trade.”

The Mongolian government has decided to resume spring horse racing, granting provincial and local authorities full autonomy over organizing the traditional sport.

"The government has decided to transfer all rights to organize sports and cultural activities to provincial and local authorities," Deputy Prime Minister Sainbuyan Amarsaikhan said at a press conference following Wednesday's regular cabinet meeting.

Under the new regulation, provincial and local administrations will be able to arrange spring horse races starting March 1 independently.

To enhance safety, child jockeys must be at least 12 years old and wear protective helmets and clothing.

In 2018, the government banned horse racing from Nov. 1 to May 1 due to concerns over child jockeys' health and safety, as well as the heightened risks associated with racing in harsh winter and spring conditions.

apan’s largest exhibition organizer RX Japan is launching the registration of Mongolian exhibitors for the “20th LIFESTYLE WEEK TRADE FAIR” in Tokyo, Japan July 02-04.2025.

LIFESTYLE Week comprises 9 specialized shows featuring gifts, interior goods, stationery, fashion items, beauty & healthcare products, etc High-design, functional, and storied products are showcased, drawing tens of thousands of buyers annually.

There are more than 45.000 visitors and major retailers include department stores, lifestyle shops, GMS importers/distributors and professional users account for about 60%.

Please contact MBD Mongolian Business Database an official agent of RX Japan for more information in details at contact@mongolianbusinessdatabase.com or 976 99066062.

The registration will close March 10.2025.

According to a study by the Employment Policy Research Department of the Training, Assessment, and Research Institute of Labor and Social Protection of Mongolia, workforce demand for the domestic labor market in 2025 will reach 83.7 thousand.

The labor market of the country is greatly affected by the season. Two out of every three job openings in a year tend to be created in the first half of the year and this trend is expected to continue in 2025, with 79.2 percent of the total labor force demand falling in the first half of the year. In the last 10 years, the national labor demand has fluctuated between 52 thousand and 95 thousand, with an average of 76.2 thousand, while in 2025 this figure will reach 83.7 thousand.

The labor market demand research is vital in determining the short-term labor demand of the Mongolian labor market, providing policymakers and decision-makers, as well as researchers and data users with information that can be used in the medium-term and long-term estimates of labor demand, according to the Ministry of Family, Labor and Social Protection.

A series of discussions under the theme "Current State of the Tax System of Mongolia and Required Changes" are being jointly organized by the Standing Committee on Budget of the State Great Khural (Parliament) of Mongolia and the Working Group in charge of reviewing the implementation of tax laws, issuing conclusions on the implementation, and if necessary, developing relevant draft laws.

The first discussion was held on January 28, 2025, on the topic of the “Implementation of the Law on Corporate Income Tax” at the State Palace of Mongolia. Head of the Working Group, Member of Parliament Gankhuyag Khassuuri noted, “The revised Law on Tax took effect in 2020. Although, for example, the revised Corporate Income Tax Law has established a simplified tax system, taxpayers complain that some regulations are still inconvenient, burdensome, and ineffective."

At the discussion, Deputy Head of the General Tax Department Myagmarjav Regzen and Specialist of the Tax Policy Department of the Ministry of Finance B. Enkhjin made presentations on the topic of “Implementation of the Law on Corporate Income Tax, Current Situation, and Future Measures.” In his presentation, Deputy Head of the General Tax Department Myagmarjav noted that the tax package law has been implemented since 1992 and that the tax rate and amount have changed substantially with each amendment to the law, depending on the level of sales revenue and taxable income. "The average corporate income tax is 21.2 percent internationally. In Mongolia, according to the tax laws in effect today, with the simplified tax formula, in other words, businesses with sales revenue of up to MNT 50 million are paying 1 percent tax on their sales revenue without deduction and exemptions. However, companies with sales revenue of MNT 3-6 billion are taxed at a rate of 10 percent, while companies with revenue over MNT 6 billion pay 25 percent tax" noted Mr. Myagmarjav.

"As of 2023, the average tax burden for businesses is 10.1 percent, according to a survey covering more than 158 thousand enterprises. In other words, enterprises are paying this percentage of their income in taxes," highlighted Specialist at the Tax Policy Department of the Ministry of Finance B. Enkhjin. She further noted that micro, small, and medium-sized enterprises have a tax burden of 5-6 percent, and large enterprises have a tax burden of 12.8 percent. By sector, mining has a tax burden of 19.2 percent, trade or 36.4 percent of all enterprises has a tax burden of 7.3 percent, food and agriculture has a tax burden of 4.3 percent, construction has a tax burden of 5.3 percent, and electricity has a tax burden of 4.3 percent.

The participants of the discussion suggested that when implementing tax reform, it is necessary to encourage the operation of enterprises, pay attention to human resource issues, and implement policies aimed at ensuring the principle of equal and fair taxation. They also put proposals that the legal environment of the insurance sector should be renewed since tax legislation has regulations related to the insurance sector, pay attention to the conditions under the current law that small taxpayers could hide their income, find optimal solutions to expand taxpayers, and flexible tax policies and regulations are implemented for national producers. The discussions are temporarily adjourned.