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Wednesday, July 2, 2025
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Economy

Tourism Fuels Revenue Surge in Luang Prabang in Five Months of 2025

Luang Prabang earned nearly LAK 700 billion (USD 32 million) in the first five months of 2025, with tourism playing a significant role, said Khammouane Khambounme, Head of the Provincial Tax Department. The province now aims to attract more visitors throughout the remainder of the year through improved tax management...

Lao Inflation Rate Eases to 7.2 Percent in June

Laos’ inflation rate eased for the second month in a row, falling to 7.2...

THAILAND: Contract Signing for Three-Airport High-Speed Rail Expected in July After Five-Year Delay

Thailand’s high-speed rail project connecting Don Mueang, Suvarnabhumi, and U-Tapao airports is set to...

Laos Deploys Soldiers as Volunteers to Address Rural Teacher Shortages

Laos will recruit 2,000 soldiers to serve as volunteer substitute teachers in remote areas...

Laos Strengthens Connectivity with 18 Cross-Border Transmission Lines

Laos has expanded its telecommunications network, now operating 18 cross-border transmission lines with Thailand,...

Laos Sees a Trade Deficit of USD 230 Million in October

Laos recorded a trade deficit of USD 230 million in October, according to the latest information from the Lao Trade Portal. The trade deficit has...

National Assembly Debates Social Security Card Use

A National Assembly constituent has proposed that the country's social security scheme allow members receive treatment at any hospital in the country, rather than...

Bank of Laos Launches New 50,000, 100,000 Kip Banknotes

Bank of the Lao PDR announced today that it is to begin issuing new versions of the LAK 50,000 and LAK 100,000 notes. Bank of Lao PDR...

Lao Scholars Ready for Study Success in Australia

Yesterday Australia’s Ambassador to Laos, Mr. Paul Kelly, and the Deputy Minister for Education and Sports, Dr. Sisouk Vongvichit, farewelled 32 Lao Australia Awards...

Ministry of Finance to Modernize Administrative System, Prevent Corruption

The Minister of Finance announced during a recent National Assembly session that the ministry's administration system must go digital in order to combat corruption. Mr....

Thailand to Overtake Vietnam as World’s No 2 Rice Exporter

Thailand is on track to overtake Vietnam as the world's second-largest rice exporter, according to Thai Rice Exporters Association (TREA). India is the current top...