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Wednesday, September 25, 2024
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Economy

Lao Producers Gear Up for Duty-Free Exports to UK Under New Trade Scheme

Lao food and drink producers are preparing to export their products tariff-free to the United Kingdom (UK) under the UK’s Developing Countries Trading Scheme (DCTS). This initiative provides Lao exporters with access to the UK market without the burden of import tariffs, opening up new growth opportunities. On 19 September,...

Lao Government to Take Action Against Floodings, Economic Challenges

The Lao government has outlined plans to tackle national issues during its latest cabinet...

China-Laos Railway Facilitates Regional Trade Surge, Handling Over 10 Million Tons of Goods

Since its launch on 3 December 2021, the China-Laos Railway has handled over 10...

Khammouane Province Fights Deforestation with New Farmer-Led Conservation Initiative

The forestry authorities in Khammouane have launched a new project to protect biodiversity and...

Namtheun 2 Wins ASEAN-OSHNET Excellence Award for Outstanding Safety Performance

Namtheun 2 was recognized for its excellent health and safety performance at the 5th...

Government Approves Caustic Soda Processing Plant Project in Thakhek

Last week the Ministry of Finance and Lao-Jinda Industrial Co.Ltd signed a contract, to allow the latter to build a Caustic Soda processing plant. The...

Korean Company Seeks Govt. Partnership to Expand Luang Prabang Airport

Korea Airports Corporation (KAC) intends to sign a partnership with the government of Laos to expand and develop the Luang Prabang International Airport. KAC...

MRC Public Forum to Discuss Development Challenges, Seek Joint Solutions

The Mekong River Commission will soon host its 13th Regional Stakeholder Forum, in which the MRC will not only provide updates on hydropower projects along Southeast...

New Cambodian Banknotes Raise Questions Among Lao Citizens

People from Laos expressed their confusion after the official release of KHR 200 banknotes as they contained a similar motif to Laos's erstwhile flag. Last...

Laos Public and Private Debt to Cross 100 Percent of GDP by 2022-End

Despite signs of economic recovery in early 2022, Laos faces increased challenges from currency depreciation and high inflation, according to the World Bank’s latest...

Laos Requires USD 22 Million for its 5th Population and Housing Census

The Ministry of Planning and Investment expects more than LAK 320 billion to execute the fifth Population and Housing Census which will take place...