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Saturday, April 26, 2025
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Business

East Asia Pacific Growth Slows in 2025, World Bank Says

East Asia and Pacific has led in economic growth, but to sustain momentum and create jobs, countries must address global uncertainties. Key challenges include shifting global integration, climate change, and demographic trends. According to the World Bank Group’s latest 2025 Regional Economic Update , it is expected to slow to...

Foodpanda to Cease Operations in Thailand, Parent Company Announces

Foodpanda will cease its operations in the country on 23 May, its German parent...

Lao Deputy Calls for Climate, Trade Cooperation

Laos’ Deputy Minister of Foreign Affairs Maithong Thammavongsa reaffirmed Laos’ commitment to strengthening regional...

Vietnam to Export Power to Singapore, Malaysia; Import More from Laos, China

Vietnam has revised its national power plan as it pushes for double-digit economic growth...

ASEAN Economic Ministers Say No to Retaliation in Response to US Tariffs

Ministries from the Association of Southeast Asian Nations (ASEAN) expressed "deep concern" over unilateral...

Govt Acquires Beeline for 22 Million USD

In a USD $22 million deal purchased from a Russian investor last week, the government has acquired full ownership  of the telecom operator VimpelCom Lao...

Lao Government Buys Beeline

VimpelCom Lao Co., trading as Beeline, has officially entered an agreement to sell its 78% stake to the Government of Laos for gross proceeds of USD...

First Holiday Inn to Enter Laos 2019

With construction slated to be completed by 2019, the first Holiday Inn will be opening up its doors in Laos for the very first...

Entertainment Venues Ordered to Stay 500-Meters Clear of Schools

Entertainment venues will soon be prohibited from conducting business within 500 meters of schools and educational institutions. With the National University of Laos (NUoL)...

Daiso Japan Enters Lao Market

Everyone’s favorite budget-friendly chain has just made landfall in Laos, opening its doors for the very first time to the Lao public at the...

Laos Prints Largest and Longest Sovereign Bond Issue

Laos has successfully completed its largest and lengthiest bond issue, with a 14 billion baht ($419 million) six-tranche offering in the Thai debt capital...