26.1 C
Vientiane
Tuesday, March 11, 2025
spot_img

Business

Low Wages, High Costs: Lao Workers Struggle as Economic Pressures Mount

State government worker Noy, who also works as a part-time taxi driver, struggles to make ends meet on Laos' minimum wage.  With a monthly salary of LAK 2,500,000 (approximately USD 117), he finds himself facing constant financial pressure.  A trip to the grocery store often costs him around LAK 1,500,000 (approximately...

Lao Brewery Company Steps Up Sustainability with Biomass Energy

Lao Brewery Company (LBC) is advancing its sustainability efforts with new green energy initiatives,...

Laos, Canada Strengthen Partnership Toward Canada-ASEAN Free Trade Agreement

On 18 February, the Embassy of Canada to Laos hosted a workshop in Vientiane...

Lao Responsible Business Awards 2025 Honor Sustainability, Community Engagement

On 10 February, the Lao Responsible Business Awards 2025 celebrated businesses in Laos, demonstrating...

Traditionally-crafted Bamboo Brooms Earn National Recognition

Broom-making is more than just a craft in Bokeo’s Kang village, it’s a long...

BCEL-KT: Trade Summary (Dec 16, 2016)

Trade Summary LSX lost 2.00 points or 0.19 percent, at 1,029.74 points as BCEL decreased 150 kip in price. BCEL today closed at 5,050 kip...

BCEL-KT: Trade Summary (Dec 15, 2016)

Trade Summary LSX moved up 27.20 points on Thursday to finish higher at 1,031.74 points. The trading volume, however, did not seem to have any...

Laos Utilises Cooperatives to Support Agricultural Growth

Laos need to create the national committee for development of cooperation aiming to support and helping the agriculture sector in its expansion efforts. For several...

BCEL-KT: Trade Summary (Dec 14, 2016)

Trade Summary LSX index hovered over 1,004.54 points with 23,400 shares traded, translating to about 116,990,000 kip contributed mainly by foreign investors and securities. EDL-Gen...

Pak Beng Project Awaits MRC Review, Comments

The company preparing to build the Pak Beng hydropower project is standing ready to respond to comments from Mekong River Commission countries and development...

Lao Freight Forwarders Suffering from Competition

Transport service providers and freight forwarders in Laos are suffering from increased competition with the number of companies operating in the sector having increased. Despite...