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Thursday, May 8, 2025
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Economy

Laos Sets Sights on Becoming Asia’s Gold Trading Powerhouse

Laos has set a big goal: to become the main center for buying, selling, and processing gold in Asia within the next five years. At a high-profile meeting on 02 May, the Lao Bullion Bank (LBB) presented its ambitious strategy to position the country as a regional leader in precious...

Laos Begins Transition to Underground Power, Communication Cables

Laos has launched a new infrastructure project aimed at relocating internet, communication, and low-voltage...

Renovation of Vientiane’s Sithong Road to Be Completed by Year-End

Vientiane’s popular Sithong Road, connecting Route 13 North and ASEAN Road, is undergoing a...

United Nations Rights Review Applauds Laos’ Engagement but Flags Deep Concerns

On 29 April, the United Nations Human Rights Council commended Laos for collaborative participation...

Celebrating 15 Years of Success: Nam Theun 2 Gala Dinner

On 30 April, Nam Theun 2 Power Company celebrated its 15th anniversary of operation...

Khamsavath Station in Vientiane Capital Ready to Operate Soon

Officials from Thailand's railway department visited the Khamsavath Railway Station site in Vientiane Capital last month to monitor progress prior to opening. The new railway...

Bilateral Trade Between Laos and Vietnam up 20.6% This Year

Bilateral trade between Vietnam and Laos climbed 20.6% year-on-year to USD 824 million in the first half of 2022, with fuels making up a...

Laos Government to Resolve Debt, Fuel, Currency Crises

The Government of Laos has pledged to stave off debt default by managing exchange rates and reigning in state enterprises. The commitment to stabilizing the...

ADB: China’s Slowing Growth Impacts Developing Asia’s Prospects

The Asian Development Bank (ADB) has lowered its economic growth prediction for developing Asia - including Laos - to 4.6% this year, down from...

UN: Laos Expected to Reach 8 Million People by 2030

A provincial celebration of World Population Day:  “Towards demographic resilience: supporting individuals’ rights and choices”, was held by the Ministry of Planning and Investment...

Laos Energy Ministry Places Dams on Notice Amid Wet Season Storage

The Ministry of Energy and Mines has placed hydropower projects on notice across the country, telling them to ensure emergency plans are in place...