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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...

Vientiane Capital to See No Poor Districts This Year, Says Official

The capital is expected to be officially recognized as a poverty-free city by the end of this year. Mr. Anouphab Tounalom, Secretary of the Party...

Laos-China Railway Revises its Parking Fees at Vientiane Station

After a public uproar regarding the charges levied on vehicles when picking or dropping off passengers, Boten Frontier Services Limited has decided to waive...

Laos to Invest Over USD 2 Billion in Wind Power Project

The Lao government and relevant energy companies are expected to shell out over USD 2 billion for the construction of a wind power project...

Laos to Allow Yuan for Cross-border Transactions

Bank of Laos and the People's Bank of China have signed a memorandum of understanding regarding future payments in Yuan. Bank of Laos has issued...

Laos-China Railway Parking Ticket Causes Confusion

Motorists and taxi drivers have expressed their confusion over the Laos-China Railway Company's new parking ticket policy, which sees drivers charged for simply picking...

Laos Ranks 4th in the List of ASEAN Countries with Most Civil Servants

The Minister of Home Affairs has announced that civil servants in Laos comprise of 2.4% of the country's population and compared to ASEAN member...