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Monday, September 23, 2024
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Economy

Khammouane Province Fights Deforestation with New Farmer-Led Conservation Initiative

The forestry authorities in Khammouane have launched a new project to protect biodiversity and reduce poverty across the province. The initiative will engage 600 farmers from three districts to help improve livelihoods and restore local forests. On 16 September, Humana People to People (HPP) Laos and the Department of Agriculture...

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...

Savannakhet Faces Critical Teacher Shortage

A critical shortage of teachers is plaguing the education system in Savannakhet, threatening the...

Ministry of Labor and Social Welfare Raises Minimum Wage

The Ministry of Labor and Social Welfare will raise the minimum wage for low-skilled workers amid the rising cost of living in Laos. According...

Laos Sells, Dissolves, and Reforms State Enterprises

Laos has begun selling shares in its state enterprises to local investors as part of reforms expected to unburden the state amid economic woes. A...

Bank of Laos Limits Daily Foreign Exchange Transactions

The Bank of the Lao PDR (BOL) has announced that commercial banks and currency exchange providers will be subject to new limits on the...

Laos Finance Minister Says Public Debt ‘Still Manageable’

Laos' Finance Minister Bounchom Oubonpaseuth has assured National Assembly members that public debt is still manageable, despite the total amount remaining considerable. Vientiane Times reports...

ASEAN+3 Publishes Regional Economic Outlook for 2022 

Risks abound, but growth is expected to normalize in the region as COVID recedes. On 12 April, the ASEAN+3 Macroeconomic Research Office (AMRO) published its...

Ministry of Foreign Affairs to Streamline Passport Applications

The Ministry of Foreign Affairs (MOFA) plans to process more passport applications to reduce the long queue of people waiting to travel abroad. The Consular...