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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...

Thailand May Buy More Power From Laos

Thailand may buy an additional 9,000 megawatts of electricity from Laos this year to ensure sufficient supply to meet rising demand, said a senior...

Startup Weekend Vientiane 2016 Hailed A Success

The 4th Startup Weekend Vientiane was launched last Friday under the theme “Social Entrepreneurship” to promote entrepreneurship in Laos. The Startup Weekend was held at...

Muong Thanh Group Opens Five-Star Hotel in Laos

Vietnamese Muong Thanh Group on July 29 inaugurated the five-star Muong Thanh Luxury Vientiane Hotel in Laos’s capital of Vientiane, which is its first...

Thai Airways’ Lao Ticket Sales On the Rise

Thai Airways International Public Company Limited's ticket sales in Laos during the summer period (April – October) have been on the increase, rising by...

IFC Helps Lao Banks Strengthen Risk Governance

The International Finance Corporation (IFC), a member of the World Bank Group, is helping Lao commercial banks to strengthen risk governance, improve sustainability and...

Lao Business Leaders Call For Revision of Policies and Regulations

Business operators have called on the government to revise certain policies and regulations to better facilitate business operations and boost productivity. The call was made...