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Tuesday, May 13, 2025
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Business

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 from 11.2 percent in March and 12.7 percent in February, according to data from the Lao Statistics Bureau. While this marks a slight improvement, the cost of living remains significantly elevated compared to a year ago. The...

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...

Laos, Vietnam Inaugurated Wharf No.3 to Boost Trade

On 28 April, Wharf No. 3 at the Lao-Viet International Port was officially inaugurated...

East Asia Pacific Growth Slows in 2025, World Bank Says

East Asia and Pacific has led in economic growth, but to sustain momentum and...

Chinese Firm to Invest USD 600 Million in Pomelo Production in Laos

A Chinese firm has announced plans to invest USD 600 million in pomelo cultivation and processing in Laos, aiming to strengthen agricultural exports and...

Lao Bullion Bank Officially Opens Its First Financial Institution in Laos

On 3 December, a ceremony was held to celebrate the official launch of Lao Bullion Bank at the office building in Ban Phonxay, Xaysettha...

Laos to Enforce Graphic Health Warnings on Cigarette Packs

Laos is set to implement redesigned cigarette packs featuring large graphic health warnings to reduce smoking rates and deter tobacco use, becoming the third...

Government Issues Regulation to Prevent Hoard Goods, Raise Prices During the New Year

On 29 November, the Lao Ministry of Industry and Commerce issued an official announcement to ensure fair business practices and protect consumers during the...

French Ambassador Visits Holiday Inn Vientiane to Explore Schneider Electric’s Energy Solutions

French Ambassador to Laos, Siv Leng Chhuor, visited the Holiday Inn & Suites Vientiane, an InterContinental Hotels Group (IHG) property, on 28 November to...

Laos Earns Over 200 ASEAN Tourism Awards, Global Acclaim

Laos continues to shine on the global tourism stage, earning 219 ASEAN Tourism Standards Awards for its dedication to sustainability and exceptional travel experiences.  On...