26 C
Vientiane
Saturday, July 27, 2024

Economy

Flights Without Limits: Switzerland, Laos Forge New Air Services Deal

Switzerland and Laos have signed a new bilateral agreement on scheduled air services. Finalized on 26 July, the document replaces the outdated accord from 15 December 1999 and introduces modern provisions that boost operational flexibility for airlines. This allows airlines from both countries greater freedom in their operations. Airlines can...

Laos to Introduce Advanced Digital Business Licensing with E-Filing System

The Lao Ministry of Technology and Communications (MOTC) has teamed up with a private...

Lao Tour Guides Trained to Meet International Standards

To promote the growing tourism sector in Laos, the Ministry of Information, Culture, and...

Lao Kip Continues to Depreciate Despite Government Measures

The Lao government is taking steps to address the ongoing depreciation of the national...

New Expressway Section from Oudomxay to Boten Gets Green Light

The Lao government has approved the construction of the fourth section of the Laos-China...

Vientiane Capital to Redevelop Canal Behind Mahosot Hospital

Authorities in Vientiane Capital are to redevelop the Don Chan drainage canal behind Masot Hospital and transform it into a clean and attractive area. The...

Laos to See Mineral Earnings of USD 463 Million in Fourth Quarter

Laos expects to earn USD 463 million in the final quarter of this year from mineral sales both domestically and for export, after earning...

Government to Spend Over USD 100 Million to Boost Domestic Production in Laos

The government of Laos plans to spend over USD 100 million to promote domestic production in the country and boost exports. A loan from China's...

Germany provides additional EUR 1.45 million to Mekong River Commission

  Germany is allocating a further EUR 1.45 million to the Mekong River Commission (MRC) to tackle development and management challenges in the Lower Mekong...

Speeding, Driving Under the Influence of Alcohol Common Among Drivers in Vientiane, Road Safety Survey Finds

Almost three-quarters of drivers in Vientiane routinely break speed limits and nearly a third of evening motorists have been drinking alcohol, new research on...

Korean Firm Partners with Wanfeng Property to Attract Investment to That Luang SEZ

A Korean real estate investment firm based in Shanghai has signed an agreement with a Chinese property developer to attract investment in the That...