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Tuesday, July 8, 2025
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Economy

US Reduces Tariff on Lao Imports to 40 Percent, Pressure on Trade Remains

The United States has lowered its reciprocal tariff on Lao imports from 48 percent to 40 percent, following President Donald Trump’s latest round of tariff letters to 14 countries. While the reduction offers some relief, the pressure on Laos and other US trade partners remains intense ahead of the...

Vientiane’s Bus Rapid Transit Service Set to Begin Trial Operations by End of August

Vientiane’s BRT service is scheduled to begin trial operations free of charge for three...

Lao-China Railway to Pilot Automated Parking Fee System at Vientiane Station

The Lao-China Railway Company has announced plans to introduce an automated parking fee collection...

Laos Launches Disability-Inclusive Early Warning Workshop to Strengthen Climate Resilience

A two-day workshop on Disability-inclusive early warning messaging is starting today in Vientiane. The host...

Government Officials Undergo Water Rescue Training as Rainy Season Starts

From 30 June to 2 July, officials from key government agencies in Laos, including...

Laos, Cambodia Launch Cross-Border QR Code Payment System

The 13th multilateral meeting between the Bank of Laos and the National Bank of Cambodia was held in Vientiane Capital last Friday to discuss...

Australia Delivers Humanitarian Relief Supplies for Emergency Response in Laos

On Monday, 21 August, Mr. Paul Kelly, Australian Ambassador to Laos, handed over 13 tonnes of humanitarian relief supplies to Mr. Leepao Yang, Lao...

Lao Govt Issues Loan Policy of USD 128 Million to Boost Economy

The government of Laos has rolled out a credit policy of about LAK 2.5 trillion (USD 128 million) for some industries to enhance the...

Laos Conducts Trial of Digital Kip And Launches QR Payment with Cambodian Bank

Keen on digitally transforming the country's economy and banking systems, the Bank of Lao PDR (BOL) successfully trialed the “Digital Lao Kip,” and implemented...

Lao Railway College All Set to Welcome First Batch of 360 Students in 2023

The newly-opened Lao Railway Vocational Technical College in Vientiane is ready to welcome its first batch of over 300 students for the 2023-2024 academic...

Laos to Increase Minimum Wage for Workers in October

The Lao Prime Minister's Office has approved raising the minimum monthly wage in the country from LAK 1,300,000 (USD 67) to LAK 1,600,000 (USD...