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Friday, May 16, 2025
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Business

Rising Prices in Laos Push More into Self-Employment, Work Abroad, World Bank Says

World Bank Lao PDR - Inflation in Laos is eroding living standards and reshaping the job market, according to the latest World Bank Household Monitoring Survey. To cope with rising prices, more people are working, but with wages not keeping up with inflation, workers are turning to self-employment and migration...

Laos Launches Halal Certification Project to Boost Exports

Lao Micro, Small and Medium Enterprise (MSMEs) Promotion Agency has initiated a project to...

Goods Prices Stay High in Laos Despite Slight Dip in Inflation to 11.1% in April

Laos’ inflation rate edged down slightly to 11.1 percent in April, a modest decline...

Pest Migration from Southeast Asia Threatens Crops in Southern China, Research Found

Southern China is facing a surge in agricultural pests migrating from neighboring Southeast Asian...

Laos Pauses Importer-Exporter System for Necessary Upgrades

The Ministry of Industry and Commerce has announced the temporary closure and upgrade of...

Lao Government Rolls Out New Tax Regulations on E-Commerce

The Ministry of Finance announced a new regulation on mandatory tax payments for all digital shopping platforms in its latest notice, released on 14...

Lao Government Green Lights 1200 MW Wind Power Project, Largest to Date

In a major boost for renewable energy in Southeast Asia, the Lao government signed a Project Development Agreement (PDA) with Savan Vayu Renewable Energy...

Rising Interest in Chinese Language Reflects Future Job Prospects for Lao Youth

The younger generation in Laos is showing a growing interest in learning the Chinese language, recognizing the potential for future job opportunities amidst a...

Laos Exceeds Agricultural Export Target, Trade Deficit Remains

Over the past year, Laos earned an estimated USD 1.4 billion from agricultural exports, exceeding targets set by the government by 20.18 percent. According to...

BCEL Launches New Payment App for Tourists During Visit Laos Year 2024

Banque pour le Commerce Exterieur Lao Public (BCEL) has unveiled the EZyKip application in a bid to streamline currency exchange for tourists visiting Laos...

At Trendy Japanese Cafés, Customers Enjoy Cuddling With Pigs

TOKYO (AP) — First there were cafés that allowed pets. Then came cat cafés, where lattes took second place to feline interaction. The latest...