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Sunday, April 27, 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...

Star Telecom Wins Bid to Develop Population Management for Laos

On June 9th, the Ministry of Home Affairs signed a contract allowing Star Telecom (widely known as Unitel) to move forward in developing the Population...

Private Businesses Struggle to Find Financing

Business banking in Laos has taken a severe hit in the past few years as government officials have started limiting funds that have been...

ITECC Mall Hosts Top Thai Brands 2017 Trade Fair June 7-11

For the first time in Laos, ITECC Mall will host the Top Thai Brands 2017 trade fair, with over 300 booths stocked and displayed...

Popular Lao Enterprise Still Involved in Illicit Activity With Public Funds

PS Lao Enterprise, a company that produces food items such as meat, fish, rice, drinking water and imports various grocery and consumer products in...

Linfox Expands Operations into Laos

Lao Logistics Group has officially signed a Joint Venture agreement with Linfox, a Melbourne-based transport company, making it the first foreign logistics company to...

Café Amazon PTT Franchise Seeks to Dominate Lao Market

By now, PTT and Café Amazon have become a recognizable brand to the people of Laos. With already 25 Café Amazon outlets operated by...