27 C
Vientiane
Thursday, October 30, 2025
spot_img

Economy

Attapeu Exceeds 2025 Revenue Budget Target with Strong Economic Growth

Attapeu Province reported a revenue budget of over LAK 1,230 billion (USD 56.7 million) in the first nine months of 2025, reaching 116 percent of its planned target. Soulivong Aphayvong, Head of the Attapeu Finance Department, said on 29 October during a provincial government meeting, that the province focused on...

Attapeu Approves South Korean Firm for 5-Megawatt Solar Project

Attapeu Province has approved a South Korean firm, SBIN Corporation, to develop a 5-megawatt...

Inflation in Laos Eases to 4 Percent in October

The cost of living in Laos continues to rise, with new data from 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...

Lao Govt Debunks News of Fuel Shortage, Affirms Fuel Distribution Still Strong

The Lao Fuel and Gas Association (LFGA) and the Ministry of Industry and Commerce (MOIC) have assured residents that the country's fuel distribution situation...

ADB Lowers Laos’ 2023 Economic Growth Forecast to 3.7 Percent

According to the Asian Development Bank (ADB), economic growth in Laos will be slower than expected due to weaker growth prospects in China, adverse...

Fuel Company: Laos Could Face Renewed Fuel Shortages

Laos could face renewed fuel shortages if the current situation regarding foreign exchange is not quickly rectified, fuel companies have warned. PTT Lao Limited, the...

Laos-China Railway Purchases New Train to Boost Passenger Travel

Laos-China Railway Company has purchased a new electric multiple-unit (EMU) train, which will be delivered today, to support domestic and international tourist demand. “A new...

Laos to Benefit From Singapore’s Renewable Energy Shift

As ASEAN countries ink deals to move away from fossil fuel consumption and toward renewable energy sources, Laos is set to benefit from this...

Lao Agriculture Ministry Proposes Ban on Imports of Certain Vegetables, Pork, Beef, and Fish

The Ministry of Agriculture and Forestry (MOAF) proposed a ban on imports of certain vegetables and other agricultural products to boost domestic production and...