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Wednesday, May 14, 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...

Fashion as Cultural Diplomacy: Southeast Asia’s Presence in BRICS+ Summit

In early October, while Laos was immersed in ASEAN responsibilities, the BRICS+ Fashion Summit in Moscow brought together over 80 countries, including several Southeast...

Vientiane Province Boosts Tourism Goals with 1.3 Million Visitor Target by End of 2025

Vientiane Province is actively boosting tourism to position the industry as a key economic driver, with a goal to attract over 1.3 million visitors...

First Direct Export of New Energy Buses from Guizhou to Laos Begins via China-Laos Railway

CGTN - A train carrying 28 China-made new energy buses departed on 28 October from the Dulaying International Land-Sea Logistics Port in Guiyang, Guizhou...

Lao Durian Sector to Focus on Export Growth to China

On 24 October, government officials, agricultural experts, and representatives from the private sector gathered to discuss enhancing the Lao durian sector for export to...

Vientiane Special Economic Zones Attract Over USD 622 Million in Investment in First Nine Months of 2024

During the first nine months of 2024, Vientiane’s five special economic zones (SEZs) attracted investments from 39 new domestic and foreign companies, totaling USD...

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...