Economy

Attapeu Looks to Job Support as School Dropouts Rise

Attapeu is expanding its employment services as the province seeks to respond to labor shortages and help people who have left school find work, according to provincial media.   At a meeting on 20 August, Director of the provincial Department of Labour and Social Welfare Phonmany Khiengxayavong said the province will...

Laos Moves to Update Electricity Law for Energy Sector Shift

Laos is moving to update its electricity sector as the government prepares to adopt...

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8...

Prime Minister Calls for Tighter Oversight of Boten SEZ Amid Development Challenges

Prime Minister Sonexay Siphandone has called for stronger management of the Boten Special Economic...

Laos-China Railway Trade Surges as Cross-Border Freight Hits New Highs

Trade along the Laos-China Railway continued to grow sharply in the first half of...

K-pop Star Hoshi Donates USD 70,000 to Upgrade Lao Orphanage School

Kwon Soon Young, known as Hoshi, a member of the popular K-pop group Seventeen has donated USD 70,000 to improve educational facilities at the...

Lao Government Sign USD 150 Million Agreement with Asian Development Bank for Four Projects

On 12 December, the Asian Development Bank (ADB) signed a loan and 16 agreements with the Lao government for a total of four projects,...

Laos, Korea Launch Water Management Project to Boost Agriculture

Laos and South Korea have launched a USD 5.6 million partnership to improve water management and agricultural practices in Laos, focusing on sustainability and...

Lao Government Introduces Digital Border Fees for Tourists

Starting 1 September, the Lao government began collecting a fee of LAK 10,000 (USD 0.46) from all domestic and international tourists, including group tours...

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...

Luang Prabang Launches Startup Ecosystem Initiative with South Korea

Luang Prabang Province in Laos is making strides to boost its startup ecosystem through a collaboration with Sejong City and the Hannam University Consortium...