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Vientiane
Monday, September 23, 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...

Laos-China Railway Admits Poor Management

The Director-General of the Laos-China Railway made a statement yesterday admitting the railway system's inefficient management. Mr. Daochinda Sihalath, Director-General of the Laos-China Railway, acknowledged...

Prices Still High in Laos Despite Drop In Foreign Currency Values

Despite a drop in the value of key foreign currencies, food and imported goods prices still remain high. Foreign currency values, particularly the US dollar...

Sithandone SEZ Unveils New Development Projects

The Sithandon special economic zone has began the construction of two major development projects in Four Thousand Islands.  The project plans were finalized on 25...

Laos Sees Renewed Fuel Shortages as Pumps Shut Down in Vientiane Capital

Social media users across Vientiane Capital began reporting closed petrol stations today as Laos looks to be headed back into fuel shortages. Many have begun...

Laos Increases Minium Wage, Excludes Overtime

An increased minimum wage is officially in effect across Laos today, however, overtime and other benefits have not been included. The increased minimum wage,...

Obsolete System, Corruption Delay Land Title Registration

The Head of the Department of Natural Resources and Environment commented on the delay of land registration during the 2nd National Assembly Session on 22 July.  Mr. Bounsom...