22 C
Vientiane
Thursday, December 26, 2024
spot_img

Economy

Houaphanh Province to Expand Flight Services Amid Tourism Boom in 2025

Starting January 2025, airlines are set to increase flights to Houaphanh province to accommodate the growing number of tourists. On 26 December, Malaythong Bounyaxay, Head of the Houaphanh Provincial Information, Culture, and Tourism Department reported that the tourism atmosphere in Houaphan Province is “very busy” “The accommodation facilities in the province...

LOCA Sparks EV Revolution in Laos with 40 Fast-Charging Stations

In response to the rising adoption of EVs, LOCA, an electric vehicle (EV) infrastructure...

Mekong River Commission Launches Education Hub, One Mekong App in Vientiane

On 23 December, the Mekong River Commission (MRC) celebrated the opening of its Education...

Companies Struggling to Pay Employees Under New Wage Rules

Despite a recent nationwide increase in the minimum wage, many employers in Laos are...

Bamboo Concession Project to Boost Local Economy in Oudomxay Province.

On 20 December, Oudomxay Province signed a concession agreement with Ammata Lao Lanexang Co.,...

Luang Prabang’s Reconstructed Island Ready for New Year Celebrations

A project to reconstruct the sacred Moung Khoun Island in Chomphet District, Luang Prabang, has been completed in time for Lao New Year celebrations. The...

Government of Laos May Move to Weekly Fuel Price Adjustments

The government of Laos may begin making fuel price adjustments every five to seven days, rather than every two weeks. KPL reports that Minister of...

Thailand to Purchase for More Electricity from Laos this Year

Thailand is to purchase more electricity from Laos this year in order to ensure sufficient supply and meet rising demand. The Kingdom is to increase...

Laos and China Sign New Electricity Agreement

China Southern Power Grid (CSG) signed an electricity agreement with Electricite du Laos (EDL) on Wednesday in a move to set up a shared...

Laos Eyes USD 1.55 Billion Trade Surplus for 2022

The Lao government is hoping for a trade surplus of at least USD 1.55 billion in 2022, despite the economic challenges caused by the...

Laos-China Railway Tests Multiple-Unit Train Control

Laos-China Railway has completed testing of multiple-unit train control, combining two EMU trains. The Laos-China Railway Company (LCRC) announced that it had successfully tested multiple-unit...