25.2 C
Vientiane
Monday, September 23, 2024
spot_img

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...

Thailand to Fast Track Railway Connection With Laos

The Thai Minister of Transport will visit Laos at the end of this month to discuss the construction of a railway connection between Thailand...

Passengers Confused by Laos-China Railway Stance on Standing Tickets

Laos-China Railway passengers are confused by a poll on social media regarding the potential sale of standing tickets, however, the railway has now responded...

Lao Government Approves Tax Reduction on Diesel for Farmers

The Government of Laos has agreed to abolish the excise tax on diesel, which was previously levied at 15%, in an effort to reduce...

Chinese National Commits Suicide on Laos-China Railway

A Chinese national was killed by a Vientiane-Boten freight train on the Laos-China Railway on 3 August in Naxaythong District. Lao Public Security Television...

Laos Behind Other ASEAN Nations in Digital Maturity

Laos ranks ninth out of the ten ASEAN countries in terms of digital access, affordability, and quality of internet services, according to a new...

Fitch Downgrades Laos’ Long-Term Foreign-Currency IDR to ‘CCC-‘

American credit rating agency Fitch Ratings has downgraded Laos' status as it believes the country is now more vulnerable to default on financial obligations. Fitch...