26 C
Vientiane
Monday, September 23, 2024
spot_img

Economy

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 million tons of goods valued at CNY 40.77 billion (USD 5.74 billion) as of 16 September, according to local authorities. In the first eight months of 2024, the railway reported a 22.8 percent increase in freight...

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...

ASEAN Mayors, Governors Gather in Laos to Focus on Connectivity, Sustainability

Vientiane is hosting the Meeting of Governors and Mayors of ASEAN Capitals 2024 (MGMAC...

Primary School Teachers Receive Intensive Training on Spoken Lao Program

A comprehensive training program is currently underway to equip primary school teachers with the...

Laos Seeks Fuel from Saudi Arabia

Laos may consider importing fuels from Saudi Arabia after recent talks following a visit by the Saudi foreign minister in March. According to a press...

Laos-China Railway Proposes Standing Tickets

The Laos-China Railway has proposed standing tickets as a way to accommodate large volumes of passengers following the reopening of the country to tourism. The...

Khamsavath Station in Vientiane Capital Ready to Operate Soon

Officials from Thailand's railway department visited the Khamsavath Railway Station site in Vientiane Capital last month to monitor progress prior to opening. The new railway...

Bilateral Trade Between Laos and Vietnam up 20.6% This Year

Bilateral trade between Vietnam and Laos climbed 20.6% year-on-year to USD 824 million in the first half of 2022, with fuels making up a...

Laos Government to Resolve Debt, Fuel, Currency Crises

The Government of Laos has pledged to stave off debt default by managing exchange rates and reigning in state enterprises. The commitment to stabilizing the...

ADB: China’s Slowing Growth Impacts Developing Asia’s Prospects

The Asian Development Bank (ADB) has lowered its economic growth prediction for developing Asia - including Laos - to 4.6% this year, down from...