28.9 C
Vientiane
Tuesday, September 16, 2025
spot_img

Economy

Chao Anouvong Stadium Renovation on Track for Late 2026 Completion

The renovation of Vientiane’s Chao Anouvong Stadium is on track and is expected to be completed by October 2026, the Ministry of Education and Sports said.  The project, valued at JPY 4.171 billion (approximately USD 29 million), is funded through grant aid provided by the Government of Japan and is...

New Cross-Border Infrastructure Project to Strengthen Connectivity in Southern Laos

Authorities in Attapeu have officially launched construction of a major infrastructure project designed to...

Asian Development Bank Funds USD 41M for Primary Healthcare in Laos

The Asian Development Bank (ADB) has approved a USD 41 million financing package to...

Laos Calls for Increased ASEAN Investment in Nature-Based Solutions

Laos is urging ASEAN member states to ramp up investment in Nature-based Solutions (NbS)...

New Incentives for Nature-Based Tourism Investment in Lao Forests

World Bank Laos - A decision announced today by the Lao Ministry of Agriculture...

Thailand’s 2023 GDP Growth Projection Increased Due to China’s Reopening

Kasikorn Research Center (K-Research) has upwardly revised its growth forecast for the Thai economy in 2023 to 3.7 percent, against the 3.2 percent projected...

Govt Allots LAK 190 Billion to Repair Roads, Manage Floods in Vientiane Capital

The Ministry of Public Works and Transport expects to spend more than LAK 190 billion (USD 11,256,569) to repair roads and manage flooding in...

China’s Economy Grew by Only 3% in 2022

China's gross domestic product (GDP) expanded by only 3% in 2022, one of its lowest annual outcomes in decades. The country's GDP hit 121.0207 yuan...

Laos Gears Up to Welcome Chinese Tourists

The Ministry of Information, Culture, and Tourism hosted a forum on Monday to discuss preparations underway for the arrival of Chinese tourists. The meeting, a...

South Korea Continues to Strengthen Food Security in Laos

Ambassador of the Republic of Korea, Mr. Yung Soo Jung handed over a rice donation to the Minister of Labor and Social Welfare, Madame...

Bank of Laos Shuts Down 113 Currency Exchange Businesses

The Bank of the Lao PDR (BOL) issued a notice on Friday instructing 113 exchange businesses affiliated with commercial banks to suspend their operations....