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Friday, May 16, 2025
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Economy

Thai Energy Minister Visits Laos to Expand Cross-Border Electricity Trade Amid Corruption Probe

Thailand’s Deputy Prime Minister and Energy Minister, Pirapan Salirathavibhaga, arrived in Laos today on an official visit aimed at deepening energy cooperation, even as he faces a corruption investigation at home. Pirapan was welcomed in Vientiane by Lao Deputy Prime Minister Saleumxay Kommasith and Minister of Energy and Mines Phosay...

Authorities Crack Down on Expired, Illegal Goods Across Multiple Provinces

Authorities in several provinces across Laos have recently destroyed significant quantities of expired, counterfeit,...

Rising Prices in Laos Push More into Self-Employment, Work Abroad, World Bank Says

World Bank Lao PDR - Inflation in Laos is eroding living standards and reshaping...

Vietnam Revives Nuclear Power Plans in New Energy Pact with Russia

Vietnam is reigniting its nuclear energy ambitions through a new partnership with Russia, as...

Laos, United States Celebrate Groundbreaking of New Lao Customs Headquarters, Training Facility

On 14 May, constructions of a new headquarters and training facility for the Lao...

June Inflation Rate in Laos Sees Significant Dip From Last Month

The recent inflation rate published by the Bank of Lao PDR (BOL), shows signs of a weakening economy as year-on-year inflation rises. The year-on-year inflation...

Bokeo Airport Completes 90% Construction, Operations to Start This Year

The airport, which was expected to wrap up construction by May, is now planning to start operations by November or December of this year. The...

Laos Records Trade of Over USD 1 Billion in May

The country saw two-way trade of USD 1.086 billion in May, with gold bullion and gold bars being the most exported items, according to...

Vietnam’s Economy Slows Amid Global Headwinds, Experts Predict Rebound

Vietnam's economy is confronting obstacles such as a slowdown in industrial production and declining exports due to weak external demand, as highlighted by the...

Lao Students Gain Technological Insights While Traveling on Laos-China Railway

Lao students from Chomphet secondary school in Vientiane had the opportunity to learn more about the Lane Xang electric multiple units (EMU) trains on...

BOL Gives More Flexibility to Commercial Banks on Foreign Currency Exchange

The Bank of Laos has issued a notice to provide better flexibility in foreign currency exchange rates to commercial banks as the LAK’s value...