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Friday, December 27, 2024
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Economy

Houaphanh Province to Expand Flight Services Amid Tourism Boom in 2025

Starting January 2025, airlines are set to increase flights to Houaphanh province to accommodate the growing number of tourists. On 26 December, Malaythong Bounyaxay, Head of the Houaphanh Provincial Information, Culture, and Tourism Department reported that the tourism atmosphere in Houaphan Province is “very busy” “The accommodation facilities in the province...

LOCA Sparks EV Revolution in Laos with 40 Fast-Charging Stations

In response to the rising adoption of EVs, LOCA, an electric vehicle (EV) infrastructure...

Mekong River Commission Launches Education Hub, One Mekong App in Vientiane

On 23 December, the Mekong River Commission (MRC) celebrated the opening of its Education...

Companies Struggling to Pay Employees Under New Wage Rules

Despite a recent nationwide increase in the minimum wage, many employers in Laos are...

Bamboo Concession Project to Boost Local Economy in Oudomxay Province.

On 20 December, Oudomxay Province signed a concession agreement with Ammata Lao Lanexang Co.,...

East Asia and Pacific Sustain Economic Growth, Restrain Inflation, but Face Risks Ahead

Growth in most of developing East Asia and the Pacific rebounded in 2022 from the effects of Covid-19, while China has lost momentum...

Laos Sees Trade Deficit of USD 166 Million in August

Laos reported a trade deficit of USD 166 million in August as it imported substantially more goods than it exported from the country. There...

Govt Vows to Get a Grip on Public Debt

A two-day cabinet meeting was held last week where the government promised to tackle concerns about the increasing public debt of the country which...

iPhone 14 Lineup Available in Laos by Mercantile

Mercantile Pacific will offer the most advanced pro lineup ever with iPhone 14 Pro and iPhone 14 Pro Max, featuring the first 48MP camera...

Laos Discusses Learning Solutions at UN Summit in New York

A delegation from the Ministry of Education and Sports, accompanied by UNICEF Laos, has concluded its mission to New York for the global Transforming...

Laos Economic Growth Rating Lowered by ADB

The Asian Development Bank (ADB) reduced the economic growth recovery predictions for Laos due to supply disruptions and rising commodity prices that have increased...