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Vientiane
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...

Nearly 500,000 Unemployed in Laos Amid Covid-19 Pandemic

  The Ministry of Labor has reported that nearly 500,000 people remain unemployed across the nation this year, including those already in the country and...

Finance Ministry: State Lottery Creates Jobs, Revenue

The Ministry of Finance has defended its decision to expand the national lottery to three days per week as a means of creating employment...

RCEP, World’s Largest Trade Pact to Come into Effect in January

The RCEP, the world’s largest free-trade bloc, will officially come into effect in January next year. The Regional Comprehensive Economic Partnership (RCEP) was signed last...

Laos to Mine Bitcoin and Repay National Debt

  The government of Laos hopes to earn LAK two trillion in revenue from mining and trading the bitcoin cryptocurrency. Lao Minister of Finance, Bounchom Ubonpaseuth,...

Laos Sees Foreign Currency Outflow of Over USD 303 Million this Year

The Lao government has reported a foreign currency outflow of over USD 303 million in the first nine months of this year. According to a...

Vientiane Residents Struggle with Fuel Shortage

  Motorists in Vientiane have taken to social media citing a chronic fuel shortage among petrol stations in the capital. Petrol stations have found themselves intermittently...