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Tuesday, September 17, 2024
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Economy

Luxembourg Development Cooperation Supports Lao Red Cross with High-Tech Blood Cold Chain Equipment

Luxembourg has handed over state-of-the-art blood cold chain equipment to the Lao Red Cross, valued at approximately 2 million Euros on 13 September in Vientiane. This significant contribution aims to strengthen the Laos’ blood transfusion services and ensure a reliable and safe supply of blood products across Laos. The handover...

Laos Launches Low-Interest Loan Program to Boost Economic Self-Reliance

The Lao government has announced the establishment of a low-interest business funding program aimed...

Indonesian President-Elect Visits Laos, Forges Stronger Bilateral, Regional Ties

Indonesian President-elect Prabowo Subianto visited Laos on 6 September and met with President Thongloun...

Sekong Launches Electronic Birth Registration System

Sekong’s Ministry of Home Affairs launched the “Electronic Civil Registration and Vital Statistics” system...

Laos, South Korea Collaborate on Direct Flight Initiative to Boost Tourism, Economic Ties

Laos is considering the introduction of direct flights from South Korea to Luang Prabang...

Laos to See Decline in Coffee Exports This Year

Coffee exports are expected to slow for Laos this year as the number of coffee plantations decreases. In 2022, Laos is predicted to export just...

Laos Authorizes Two Crypto Exchange Platforms

Authorities in Laos have officially authorized two licensed cryptocurrency exchange platforms to operate in the country. The Bank of Laos (BOL) has granted their Agreement...

New Riparian MRC Head Anoulak Kittikhoun Takes Office Today

Mr. Anoulak Kittikhoun takes office today as the third riparian Chief Executive Officer (CEO) of the Mekong River Commission (MRC) Secretariat. He will lead...

Thailand to Build New Railway Bridge to Laos

The Thai government has ordered the State Railway of Thailand (SRT) design and build a new bridge from Nong Khai Province to Laos in...

Phongsavanh Group Backs Smart City Development Project in Vientiane Capital

Phongsavanh Group has invested approximately USD 580 million to construct a Smart City development project in the capital of Laos. The groundbreaking ceremony for constructing...

World Bank Predicts 4.5 Percent Economic Growth for Laos in 2022

The World Bank's latest Global Economic Prospects report suggests Laos will see economic growth of 4.5 percent in 2022 and 4.8 percent in 2023. The...