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Tuesday, September 24, 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...

IMF Predicts Lao Economy to Grow Only 2.2 Percent This Year

According to The International Monetary Fund (IMF), Laos is estimated to grow only 2.2 percent this year, the growth rate will increase to 3.1...

Laos to Get Support From Vietnam Post in Digital Transformation

Lao Post Cooperation will receive assistance from its Vietnam counterpart in digital transformation and the use of digital platforms in postal services, the General...

Bank of the Lao PDR Issues New Banknotes for Circulation

Bank of the Lao PDR (BOL) has announced the release of two new banknotes to increase the quality of currency being printed and prevent...

United States and Laos Hold 10th Comprehensive Bilateral Dialogue

The United States and Laos held their 10th Comprehensive Bilateral Dialogue on October 14, in Vientiane, where the two sides discussed their continued cooperation...

Champasack to Develop Areas Around Two Waterfalls for Tourism

Khon Phapheng and Somphamit or Li Phi falls will be developed with an estimated construction value of USD 500,000. Deputy Prime Minister and Minister...

Thai Government Takes Steps to Legalize Undocumented Lao Workers

The Thai government has announced that it will provide work permits and visas to Lao nationals so that they can remain in the country...