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Thursday, October 16, 2025
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Economy

Laos Targets 90 percent Urban Water Access by 2030

Following the recent announcement of major transport and city infrastructure projects, the Ministry of Public Works and Transport (MPWT) is now turning its focus to urban water access, positioning it as a cornerstone of sustainable development. Urban Water Access Expansion The 2026–2030 Urban Water Supply and Sanitation Development Plan aims to...

Luang Namtha Sees Nine Percent Growth in Tourist Arrivals in First Nine Months of 2025

Laos’ northern Luang Namtha Province recorded a steady increase in tourism in 2025, welcoming...

Lao Authorities Confirm International Economic Growth Forecasts in Newly Released Outlook

Lao officials have formally confirmed earlier international projections for the country's economic performance, forecasting...

Lao President Calls for New Generation of Lao Diplomats on 80th Diplomacy Day

Lao President Thongloun Sisoulith has called for the rise of a new generation of...

ADB Lowers Laos’ 2025 Growth Forecast to 3.7 Percent Amid Economic Challenges

The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9...

Singapore PM, Indonesia Pres. Push Harder on Myanmar Peace Plan

Singapore’s Prime Minister met with the President of Indonesia on Thursday, discussing ways to push ASEAN and the UN into taking a harder stance...

Tightening Monetary Policies Affecting Asian Nations

Highlights from the Asian Economic Integration Report 2023 (AEIR) by the Asian Development Bank (ADB) show that nations in the Asia and Pacific region...

Finance Ministry To Issue More Government Bonds via Lao Securities Exchange

The Ministry of Finance has announced the sale of a new tranche of government savings bonds worth trillions of kip. Lao News Agency reports...

Loca to Transition to Fully Electric Fleet by 2030

As more businesses transition to environmentally conscious practices, the LOCA ride-hailing service is at the forefront of this movement, providing Electric Vehicle (EV) services...

Laos Records Trade Surplus of USD 48 Million in February

Laos recorded a trade surplus of USD 48 million in February, making for a better start to the year. Laos' trade surplus was approximately USD...

BCEL Ramps Ups Security Following ATM Skimming Scare

Banque Pour Le Commerce Exterieur Lao Public (BCEL) has advised chip cardholders to update their passwords to avoid ATM skimming which is now quite...