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Tuesday, November 26, 2024
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Business

ASEAN Defense Ministers Unite in Laos for Peace and Security Talks

The 18th ASEAN Defense Ministers’ Meeting (ADMM) and the 11th ADMM-Plus successfully concluded in Vientiane, Laos, from 19 to 22 November. Held under the theme “Working Together for Peace, Security, and Strength of ASEAN.” The dialogue brought together defense ministers from ASEAN countries, Timor-Leste as an observer, and eight dialogue...

Lao Coffee: A Journey Through Flavor, Heritage

In Laos' Bolaven Plateau, Champasack Province, the air is often filled with the scent...

Laos Welcomes Over Five Million Tourists in 2024, Generating Over USD 1 Billion

Laos has recorded over five million tourists this year, exceeding expectations and generating more...

Lao National Assembly Opens 8th Ordinary Session to Address Key National Challenges

The 9th-tenure National Assembly (NA) opened its 8th Ordinary Session on 18 November in...

Lao Government Encourages Diaspora to Reconnect, Invest in Homeland

On 12 November, the Lao government hosted a meeting in Vientiane aimed at encouraging...

Two Cement Plants in Vang Vieng to be Transformed into Tourism Sites

Two Cement factories in Vang Vieng will be transformed into tourism sites and developers are currently applying for an investment permit for the project,...

Plain of Jars Sites to Be Offered Under Concession to Private Company

Authorities in Xieng Khouang Province have announced that management of part of the Plain of Jars may be offered as a concession to a...

Lao Govt Generates New Revenue Streams from Bitcoin and Cryptocurrency

Since the start of cryptocurrency mining in Laos last year, the government has generated nearly USD 27 million in revenue.  This was revealed by Prime...

Laos Sees Trade Deficit of USD 126 Million in June

Laos' imports and exports totaled over USD 1 billion in June; exports were valued at USD 458 million, while imports were approximately USD 584...

Lao PM Calls for ‘De-dollarization’ and Further Regulation of Foreign Currencies

Prime Minister Sonexay Siphandone signed a seven-page order on 14 July to ensure that foreign exchange earned through exports and foreign investments, enters the...

Laos Co-chairs Mekong-Ganga Cooperation Ministerial Meeting in Bangkok

Laos secured funding of USD 500,000 for a series of poverty reduction projects through the Mekong-Ganga scheme during the 12th Mekong-Ganga River Cooperation Framework...