Yearly, the World Happiness Index ranks countries based on factors such as social welfare, income, health, freedom, generosity, and perceptions of corruption. This indicator can be understood as a measure of how happy the citizens of a particular country are. In the 2025 World Happiness Index, Finland ranked first for the eighth consecutive year. The index scores countries on a scale from 0 to 10, with scores closer to 10 indicating greater happiness and scores closer to 0 indicating lower levels of happiness. The top five countries were as follows: Finland - 7.764 Iceland - 7.540 Denmark - 7.539 Costa Rica - 7.439 Sweden - 7.255 For Mongolia, the country ranked 75th out of 147 countries, with a score of 5.936. Afghanistan, Sierra Leone, and Malawi, countries affected by conflict and severe socio-economic challenges, ranked at the bottom of the index. Source: worldhappiness.report

Successfully Completed a Traffic Conditions and Travel Speed Survey SICA LLC, a research and consulting firm, successfully conducted a traffic conditions and travel speed survey as part of the “Project for Strengthening Capacity to Reduce Air Pollution in Ulaanbaatar City,” commissioned by the Japan International Cooperation Agency (JICA). Travel Speed Survey SICA LLC SICA LLC - Research and Consultancy Our organization provides professional research services on domestic and international markets, including market structure, supply and demand dynamics, competitive landscapes, consumer behavior, and product performance. Through data-driven insights and analysis, we help clients develop effective business strategies, identify market opportunities, and make informed decisions. Contact Us Request a Quote This study was designed to assess traffic volume and congestion conditions at major intersections in central Ulaanbaatar based on actual traffic measurements and observations. The objective was to generate evidence-based information to support the optimization and improvement of traffic signal operations, thereby contributing to more efficient traffic management and reduced congestion levels. The objective of this study was to determine traffic volume, congestion conditions, and travel speeds at major intersections in central Ulaanbaatar through direct field measurements, and to provide a basis for optimizing traffic signal operations in accordance with actual roadway demand and traffic loads. To achieve this objective, the following specific goals were established: Бүтээгдэхүүн хөгжүүлэлтийн судалгаа – шинэ бүтээгдэхүүн, инновацийн шийдлийг турших Determine traffic volumes by vehicle type and travel direction at each surveyed intersection. Measure the frequency and extent of traffic congestion, including queue lengths and delay conditions. Assess the number of vehicles passing through intersections during the permitted green signal phase. Determine average travel speeds along major traffic corridors in central Ulaanbaatar. Evaluate the current effectiveness of traffic management and signal control operations. The study covered 17 major intersections in central Ulaanbaatar City and consisted of the following components. Traffic Conditions Survey: Conducted from 06:00 to 22:00, involving 16 hours of continuous traffic counting and observation. Travel Speed Survey: Conducted during the morning, daytime, and evening peak-hour periods, with measurements taken across three survey rounds. The Traffic Conditions Survey was conducted using the following methodology: A combination of video recording and manual traffic counting was employed at each intersection to ensure the accuracy and reliability of the collected data. Vehicles were classified into passenger vehicles and heavy vehicles for traffic volume analysis. Traffic volumes and congestion conditions were measured at 15-minute intervals, enabling detailed analysis of traffic flow patterns throughout the day. Queue lengths were measured from the stop line to the last vehicle in the queue, providing an objective assessment of congestion levels at each intersection. Traffic signal timing and operational data were obtained from the Traffic Management Center and incorporated into the analysis to evaluate the effectiveness of existing signal control schemes. The Travel Speed Survey was conducted using the following methodology: Two representative routes passing through major intersections in central Ulaanbaatar were selected to assess travel speed and traffic performance under actual operating conditions. Survey vehicles were equipped with GPS devices that recorded location and movement data at one-second intervals, enabling precise measurement of travel times, speeds, and delays. A driver and a survey recorder traveled together, allowing real-time documentation of traffic conditions, incidents, signal delays, and other factors affecting vehicle movement. Average travel speeds were calculated by road classification and time period, providing a detailed analysis of traffic performance during different levels of traffic demand and congestion. This study is significant in that it provides a reliable data foundation to support evidence-based decision-making for urban traffic management. The findings offer practical recommendations and analytical justification for improving traffic signal operations and optimizing traffic flow based on actual roadway conditions. In addition, the study serves as an important source of baseline information for urban planning and transportation management initiatives aligned with policies aimed at reducing air pollution. By enhancing the efficiency of traffic movement and identifying areas for operational improvement, the research contributes to the development of more sustainable, effective, and environmentally responsible urban transport systems in Ulaanbaatar. SICA LLC Situation Assessment Research SICA LLC provides professional situation assessment research services to help organizations make informed decisions based on reliable data and evidence. Contact Us Request a Quote Related Services: What is the Market Research? Customer Research Customer Behavioral Research

IMPACT EVALUATION STUDY The research team of SIC LLC, in collaboration with RowSquared S.L., has successfully completed data collection for an impact evaluation of the “Market and Pasture Management Development Project,” covering 1,600 households across six provinces where the project was implemented. The “Market and Pasture Management Development Project” was jointly financed by the Ministry of Food, Agriculture and Light Industry and the International Fund for Agricultural Development (IFAD), and was implemented between 2018 and 2023 in six provinces of Mongolia. Its primary objective was to reduce poverty and improve the livelihoods of both nomadic herder households and settled households. Content Main Objective Scope SICA LLC SICA LLC Research and Consultancy Contact Request a quote Main Objective The main objective of this study is to determine the actual impact of the project and to evaluate changes in the agriculture and livestock sectors, pasture management, and the livelihoods of local households, based on both quantitative and qualitative evidence. Scope Within the scope of the study, a total of 1,600 households engaged in livestock and crop farming, as well as 230 pasture user groups from Arkhangai, Dornod, Dundgovi, Khentii, Sukhbaatar, and Uvurkhangai provinces were included. In accordance with IFAD standards, data collection was conducted entirely through face-to-face CAPI interviews. The study ensured equal representation of nomadic and settled households and included both project beneficiaries and non-beneficiary control groups, enabling a robust estimation of the project’s true impact. Under the leadership of RowSquared S.L., SIC LLC carried out all stages of the research process, including adapting and translating the questionnaire to the Mongolian context, assembling the research team, conducting training, pilot testing, pre-surveys, field data collection, and data validation and cleaning. In addition, research planning, field logistics, data quality assurance, and reporting were organized in line with international methodologies, ensuring the accuracy and reliability of the findings. SICA LLC SICA LLC Research and Consultancy Contact Request a quote Furthermore, the study holds significant value as it has established a comprehensive dataset reflecting the current state of Mongolia’s agriculture and pasture management, household livelihood structures, and the real changes in the policy environment affecting them. This dataset will serve as an important foundation for IFAD, relevant government institutions, and international organizations working in the sector to develop policies, improve project models, and design more effective future programs.

SUCCESSFULLY CONDUCTED A COMPREHENSIVE STUDY ON THE MARKET AND ORGANIZATIONAL CONDITIONS OF THE NON-BANK FINANCIAL SECTOR Our organization successfully conducted a comprehensive study examining the current conditions and development trends of Mongolia’s non-bank financial sector at both international and domestic levels. The study included an integrated assessment of the internal environment of non-bank financial institutions, a comprehensive analysis of customers and competitors, and a strategic environmental analysis. This research aims to provide evidence-based support for strategic planning and market-driven decision-making by organizations. It covered the following key areas: Contents Macro environment analysis Micro environment analysis Key features of study SICA LLC SICA LLC - Research and consultancy We analyze Mongolian and international market structure, supply and demand, competition, and consumer behavior to help you build a data-driven business strategy. Contact us Request a quote Macro Environment Analysis In addition to broad macro-level data, the study closely examined factors that directly influence the business environment of organizations in the following areas: Analysis of Mongolia’s macro environment:Assessment of the positive and negative impacts of political, economic, social, technological, environmental, and legal factors. Global non-bank financial sector trends:Economic cycles, fluctuations in commodity prices, and key indicators of international markets. Domestic non-bank financial market supply and demand:Market conditions, growth and decline trends, and analysis of key industry indicators. These insights are essential for understanding the overall direction of the market and realistically forecasting the sector’s future outlook. Micro Environment Analysis Beyond broad micro-level data, the study examined key factors directly affecting the organizational business environment, including: Competitor analysis:Market players’ strengths and weaknesses, market positioning, competitive strategies, pricing policies, and service characteristics. Customer satisfaction and perception research:Customer needs, attitudes, behavior patterns, service evaluations, and key areas requiring improvement. Internal organizational assessment:The organization’s condition was evaluated not only through quantitative indicators but also through detailed analysis of employee feedback and internal operational processes. Incorporating employee perspectives enabled a more accurate and multi-dimensional understanding of the organization’s actual conditions. These analyses provide a strong foundation for improving competitiveness, updating strategies, and making informed decisions to enhance service quality. Бүтээгдэхүүн хөгжүүлэлтийн судалгаа – шинэ бүтээгдэхүүн, инновацийн шийдлийг турших Key Features of the Study This comprehensive research is distinguished by the following strengths: Covers both macro and micro environments of the non-bank financial sector Provides an in-depth assessment of internal organizational capacity aligned with overall market conditions Includes evidence-based recommendations designed for strategic-level decision-making Based on internationally recognized research methodologies Overall, the study presents a balanced view of the current state, future opportunities, and risks of the non-bank financial sector, providing organizations with comprehensive and practical insights to support strategic and business decision-making. SICA LLC Situational analysis SICA LLC delivers professional situational analysis, validating your business success potential through data-driven insights. Contact us Request a quote

A COMPREHENSIVE STUDY ON THE CONSTRUCTION INDUSTRY MARKET AND ORGANIZATIONAL SITUATIONAL ANALYSIS SUCCESSFULLY COMPLETED Our organization has successfully conducted a comprehensive study on the current state and development trends of Mongolia’s construction industry at both international and domestic levels. The study includes an in-depth assessment of the internal environment of enterprises operating in the construction sector, as well as comprehensive research on consumers and competitors, and a strategic environmental analysis. The purpose of this study is to provide organizations with a solid, evidence-based foundation for strategic planning and market-driven decision-making. The research covers the following key areas. Бүтээгдэхүүний судалгаа – зах зээлийн байршуулалт, хэрэглэгчийн ойлголтыг шинжлэх Агуулга Macro Environment Analysis Micro Environment Analysis Key features of the Study SICA ХХК SICA LLC RESEARCH AND CONSULTANCY We analyze Mongolian and international market structure, supply and demand, competition, and consumer behavior to help you build a data-driven business strategy. Contact us Request a quote Macro Environment Analysis To obtain a big-picture understanding of the overall environment of the construction industry, the following key topics were analyzed in depth. Analysis of Mongolia’s Macro Environment:The positive and negative impacts of political, economic, social, technological, environmental, and legal factors were assessed. Global Construction Industry Trends:Analysis of economic cycles, fluctuations in raw material prices, and key indicators of international markets. Domestic Construction Market Supply and Demand:Assessment of the construction market outlook, growth and decline trends, and analysis of key industry indicators. These insights are critical for understanding the overall direction of the market and for making realistic forecasts about the future outlook of the construction industry. Micro Environment Analysis In addition to the broad macro-level analysis, factors that directly affect the organizational business environment were examined in detail across the following areas. Competitor Analysis:Assessment of market players’ strengths and weaknesses, market positioning, competitive strategies, pricing policies, and service characteristics. Customer Satisfaction and Attitudinal Research:Analysis of customers’ needs, attitudes, behavior, service evaluations, and key areas requiring improvement. Internal Organizational Environment Assessment:The organization’s current condition was evaluated not only through quantitative indicators, but also based on employees’ feedback and in-depth assessment of internal operational processes across the following dimensions. Incorporating employee evaluations provided a more accurate, multi-perspective understanding of the organization’s actual situation. These analyses form a critical foundation for decision-making aimed at enhancing competitiveness, updating strategy, and improving service quality. Key features of the Study This comprehensive study is distinguished by the following strengths: Provides a holistic assessment of both the macro and micro environments of the construction industry Conducts an in-depth evaluation of organizations’ internal capabilities and potential in alignment with overall market conditions Delivers evidence-based recommendations designed to support strategic-level decision-making Is grounded in internationally recognized research methodologies The study presents a balanced view of the current state of the construction industry, its future opportunities, and potential risks, providing comprehensive and reliable insights to support organizations’ strategic and business decision-making. SICA LLC Would you like to conduct a situational analysis at a professional level? SICA LLC delivers professional situational analysis, validating your business success potential through data-driven insights. Contact Us Request a Quote