28.3 C
Vientiane
Wednesday, July 9, 2025
spot_img

Economy

Laos Urges STEM Focus Amid Growing Education Crisis

Over 6,000 Lao nationals graduated from overseas institutions between 2021 and 2024, according to the Ministry of Education and Sports (MoES) during its recent annual general meeting.  Among them, 2,271 specialized in public health, 1,614 in business and law, and 479 in social sciences and media. While these graduates have contributed...

US Reduces Tariff on Lao Imports to 40 Percent, Pressure on Trade Remains

The United States has lowered its reciprocal tariff on Lao imports from 48 percent...

Vientiane’s Bus Rapid Transit Service Set to Begin Trial Operations by End of August

Vientiane’s BRT service is scheduled to begin trial operations free of charge for three...

Lao-China Railway to Pilot Automated Parking Fee System at Vientiane Station

The Lao-China Railway Company has announced plans to introduce an automated parking fee collection...

Laos Launches Disability-Inclusive Early Warning Workshop to Strengthen Climate Resilience

A two-day workshop on Disability-inclusive early warning messaging is starting today in Vientiane. The host...

85 Percent of Tourists Traveled to Luang Prabang by Train This Year

The majority of tourists travel to Luang Prabang using the Laos-China Railway as opposed to other means of transport, according to a new report. According...

Government Approves Caustic Soda Processing Plant Project in Thakhek

Last week the Ministry of Finance and Lao-Jinda Industrial Co.Ltd signed a contract, to allow the latter to build a Caustic Soda processing plant. The...

Korean Company Seeks Govt. Partnership to Expand Luang Prabang Airport

Korea Airports Corporation (KAC) intends to sign a partnership with the government of Laos to expand and develop the Luang Prabang International Airport. KAC...

MRC Public Forum to Discuss Development Challenges, Seek Joint Solutions

The Mekong River Commission will soon host its 13th Regional Stakeholder Forum, in which the MRC will not only provide updates on hydropower projects along Southeast...

New Cambodian Banknotes Raise Questions Among Lao Citizens

People from Laos expressed their confusion after the official release of KHR 200 banknotes as they contained a similar motif to Laos's erstwhile flag. Last...

Laos Public and Private Debt to Cross 100 Percent of GDP by 2022-End

Despite signs of economic recovery in early 2022, Laos faces increased challenges from currency depreciation and high inflation, according to the World Bank’s latest...