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Tuesday, April 29, 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 4.0...

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...

Gift Basket Sales Drop This Year

Many retailers in Vientiane have seen a decline in sales of gift baskets during the year-end shopping season. Gift baskets are top selling items among...

Laos Gets $850,000 Containerized Data Center

Laos' first state-run data center opened recently, funded by a Japanese program supporting environmentally sound technology. The facility marks "a big step" toward improving the...

Fewer Businesses Opening in Laos

The number of entrepreneurs opening businesses in Laos declined by 13 percent over the past 10 months of this fiscal year compared to the...

BCEL-KT: Trade Summary (Dec 26, 2016)

Trade summary Lao stock market edged higher on Monday, as BCEL got good start before preparing for long holiday to increase by 450 kip finished...

Indochina Bank Sees Customer Increase

The number of VIP customers holding accounts at the Indochina Bank has seen a rapid increase this year. A bank executive revealed the figure...

First Modeling Lao’s Varissara Tangsouvanh Wins First International Award

Representing the nation of Laos in Shanghai last week at the Miss Tourism Queen of the Year International 2016 Contest, Varissara “May” Tangsouvanh put...