14.2 C
Vientiane
Monday, December 23, 2024
spot_img

Economy

State Budget Mismanagement Uncovered in Vientiane Capital

Laos is facing issues in managing its state budget, with billions of kip unaccounted for, according to the Vientiane Capital People's Assembly on 19 December. President of Central Region Audit Office No.1, Khammone Bouaphanh revealed that LAK 4.77 billion (about USD 217,000) had not been transferred to the official state...

Rising Costs Prompt Market Reform Proposals

National Assembly Representative for Vientiane Capital, Valy Vethsaphong, has called on the Lao government...

Vientiane Economy Hits 5.85 Percent Growth, Beating Expectations

Vientiane Capital's economy grew by 5.85 percent, surpassing the National Assembly's initial target of...

Phout Simmalavong Receives Japan’s Order of the Rising Sun in Official Ceremony

On 18 December, Phout Simmalavong, Minister of Education and Sports and President of the...

Creative Economy Revolution: How ASEAN’s Youth are Leading the Charge

On 2 to 5 December, the Young Southeast Asian Leaders Initiative (YSEALI) Summit 2024...

Southeast Asian Central Banks to Connect Payment Systems via QR Code

Central banks in Southeast Asia hope to link payment systems across the region this year using QR code technology. Perry Warjiyo, Governor of the Bank...

Thai Tourists Flock to Northern Laos Heritage Town of Luang Prabang

Luang Prabang, the UNESCO Heritage City of northern Laos, has seen a surge of interest from Thai tourists in recent weeks amid celebrity trips...

Man Killed Exiting Vehicle on Vang Vieng Expressway

A man was killed after exiting his vehicle on the Vientiane to Vang Vieng Expressway Wednesday evening. The Vientiane Rescue team reported that the...

Chifeng Jilong Gold Partners with Lao Mining Development State Enterprise

Chifeng Jilong Gold has entered into a historical cooperation agreement with Lao Mining Development State Enterprise (LMD). The agreement will enable the parties to...

Laos-China Railway Clarifies Wet Weather Incident

The Laos-China Railway Company has issued a statement on its Facebook page clarifying an incident that occurred recently in which customers were caught in...

Representatives from Laos Attend Sydney Energy Forum

Laos has sent representatives from the energy sector to participate in the Sydney Energy Forum, held in Sydney, Australia from 12 to 13 July.  Indo-Pacific...