Inflation Watch: Mongolia’s CPI inflation hit 11.2% in May, up 2.9 points year-on-year, driven mainly by higher imported goods prices plus meat and some domestic commodity costs. Construction Push: Mongolia’s construction and major renovation works reached MNT 11.7 trillion by end-2025 (about 3.5% of GDP), with over 100,000 jobs created; new draft laws include a specialized housing bank and updated construction/urban development rules. Transit & Trade: Ulaanbaatar hosted the CAREC Transport Sector Coordinating Committee meeting, with Mongolia pushing its “Transit Mongolia” goal and discussing the CAREC Transport Strategy 2030 midterm review and logistics center operations. Agriculture Risk: Foot-and-mouth disease outbreaks have been confirmed in Khovd, Bayan-Ulgii and Dundgovi, triggering indefinite preparedness in Khovd, quarantine and vaccination, and bans on large gatherings. Energy & Industry: Orano has started construction for its Mongolia uranium project at Zuuvch Ovoo, signaling renewed momentum for uranium development in Dornogobi. Tourism Momentum: Mongolia’s foreign tourist arrivals rose 32% in the first five months of 2026 (292,063 visitors), with May alone up 26% to 84,035. Finance for Entrepreneurs: EBRD will provide XacBank up to $80m to back youth entrepreneurship, supported by EU insurance and consulting/training for digital and financial upgrades. Ulaanbaatar Culture: A Silk Road exhibition opened in Kharkhorin, running until Sept. 15, as part of the 820th anniversary commemorations. Regional Business Links: Mongolia’s “Go Mongolia” booth won “Best Booth” at Seoul’s SITF 2026, boosting visibility for nomadic culture and tourism products.