29 C
Vientiane
Wednesday, October 29, 2025
spot_img

Economy

Inflation in Laos Eases to 4 Percent in October

The cost of living in Laos continues to rise, with new data from the Laos Statistic Bureau showing that inflation reached four percent in October, down from 4.5 percent in September. To track inflation, experts use the Consumer Price Index, or CPI, which is like a shopping basket including the...

Houaphanh Kicks Off Radio & TV Station Project With Support From Vietnam

On 27 October, Houaphanh Province launched the construction of its new provincial radio and...

Bank of Laos Targets Stronger Oversight, Digital Banking, Regional Connectivity in New Five-Year Strategy

The Bank of Laos (BOL) has unveiled a new five-year plan (2026–2030) aimed at...

Vang Vieng Under Review for ASEAN Clean Tourist City Award

Vang Vieng, one of Laos’ most popular tourist destinations, is under evaluation for the...

Lao Green Business Forum 2025 sets vision for Laos as ASEAN’s future Green Business Hub

The Lao Green Business Forum 2025 marked a pivotal step in Laos’s journey toward...

Laos Charts Course for Growth in 2024 with Tourism Focus, Infrastructure Overhaul Amidst Economic Challenges

As 2023 nears its conclusion, Laos continues to face economic challenges, including surging inflation, a scarcity of labor, and an expanding trade deficit. In...

Laos to Grow EV Market, Fueled by Renewable Energy Ambitions

The burgeoning popularity of electric vehicles (EVs) in Laos has marked significant growth in 2023, with a total of 4,631 EVs sold, comprising 2,592...

Lao Government Rejects Claims of Luang Prabang’s World Heritage Status Threat Amidst YouTube Controversy

In response to a video uploaded on a Thai YouTube channel, the Lao government has denied claims that Luang Prabang town is at risk...

Vietnam Considers Importing Electricity From Laos to Tackle Power Shortage

In response to the persistent power shortages in Northern Vietnam, the Vietnam Electricity Group (EVN) has put forth a proposal to import wind power...

Hong Kong Stands Ready to Cooperate With Laos on Yuan Trading, Green Financing

Hong Kong has identified three areas for cooperation with Laos and Vietnam during the Secretary for Financial Services and the Treasury’s visit to the...

Lao-American Author Goes Beyond Borders With ‘Sticky Rice for Lunch’

Children's literature has a new gem on its bookshelves. Rooted in cultural identity and acceptance, "Sticky Rice for Lunch" by Jacob (Jake) Singhavong offers...