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Wednesday, October 23, 2024
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Business

September Trade Figures Show Drop in Exports, Imports for Laos, Excluding Electricity

In September, Laos recorded a total foreign trade valuation of USD 1,064 million, marking a 12 percent decline from August, according to the Lao Trade Portal (LTP). This figure encompasses both exports and imports, excluding electricity.  Laos is facing its ninth consecutive month of trade deficit in 2024,  The LTP trade...

Hong Kong Eases Visa Rules for Lao, Cambodian, and Myanmar Citizens

Hong Kong has announced relaxed visa rules for nationals of Laos, Cambodia, and Myanmar,...

Scoot Airlines Expands Flights to Laos Starting December

Singapore’s Scoot Airlines will increase its flights to Laos from three to four per...

Vientiane Province’s Checkpoint Upgraded to International Status

The Ban Vang Local Checkpoint has been officially upgraded to an international border checkpoint,...

New Building at Mahosot Hospital Opens, Marks Laos-China Cooperation Milestone

A ceremony to inaugurate the new building at Mahosot Hospital took place on 12...

Laos Faces Eighth Consecutive Month of Trade Deficit

Laos recorded a trade deficit of USD 129 million in August, marking the eighth straight month of trade deficits in 2024, according to data...

Salavan, Ubon Ratchathani Provinces Agree on Cross-Border Water Transport Deal

Laos’ Salavan Province and Thailand’s Ubon Ratchathani Province have agreed to enhance cooperation on water transport, aiming to improve regional connectivity through key international...

Lao Producers Gear Up for Duty-Free Exports to UK Under New Trade Scheme

Lao food and drink producers are preparing to export their products tariff-free to the United Kingdom (UK) under the UK’s Developing Countries Trading Scheme...

China-Laos Railway Facilitates Regional Trade Surge, Handling Over 10 Million Tons of Goods

Since its launch on 3 December 2021, the China-Laos Railway has handled over 10 million tons of goods valued at CNY 40.77 billion (USD...

Indonesian President-Elect Visits Laos, Forges Stronger Bilateral, Regional Ties

Indonesian President-elect Prabowo Subianto visited Laos on 6 September and met with President Thongloun Sisoulith. The visit aimed to strengthen bilateral ties between Indonesia...

Laos, South Korea Collaborate on Direct Flight Initiative to Boost Tourism, Economic Ties

Laos is considering the introduction of direct flights from South Korea to Luang Prabang as part of the Knowledge Sharing Program (KSP). This initiative...