30 C
Vientiane
Monday, June 2, 2025
spot_img

Economy

Laos Signs Agreement to Build Longest Highway Connecting Laos, Vietnam

The Lao government has signed a Memorandum of Understanding (MoU) with Phongsavanh Group Co., Ltd. to develop the country’s longest expressway, marking a major milestone in regional infrastructure development. The agreement, finalized on 30 May, initiates the feasibility study, route survey, design planning, and construction preparation for a new highway...

Laos Trade Surplus Hits USD 160 Million on Back of Rising Exports

Laos recorded a strong trade surplus of approximately USD 160 million in March, despite...

Lao Ministry Reports Major Reading Gains Among Students in Champasack, Attapeu Provinces

Over 29,000 young students in the southern Champasack and Attapeu provinces have significantly improved...

Inflation Eases to 8.3% in May, But Key Prices Remain High

The inflation rate in May stood at 8.3 percent, showing a significant drop from...

Southeast Asian Nations Express ‘Deep Concern’ Over US Tariffs

By Rebecca BAILEY and Isabelle LEONG/AFP - Southeast Asian leaders expressed "deep concern" over...

Laos Economy Shows Signs of Recovery Amid Fiscal Pressures

Laos’ economy is showing signs of recovery amidst a debt repayment peak, persistent inflation, and structural challenges, the World Bank warns in its latest...

Laos, Malaysia Open New Rail-Sea Trade Corridor

Laos and Malaysia have launched a new trade corridor to improve regional logistics and strengthen economic ties, providing a direct route from Laos to...

Southeast Asian Leaders Meet to Talk Tariffs, Truce, East Timor

AFP, Isabelle LEONG and Jan HENNOP - Southeast Asian leaders meet Monday for their first summit since Donald Trump's tariff policies upended global economic...

Laos, Thailand Partner to Boost Buddhist Education for Monks

Laos and Thailand have signed a new agreement to enhance Buddhist education for Lao monks through scholarships, academic exchanges, and institutional support. On 21 May,...

Vientiane Discusses Restoration Plan of Historic Black Stupa

The iconic That Dam, or Black Stupa, one of Vientiane’s most culturally significant landmarks, is set to undergo a major restoration as part of...

Laos Nears Launch Southeast Asia’s Largest Wind Farm

Laos is set to launch its first wind farm, and the largest in Southeast Asia, by the end of the year, with all 133...