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Saturday, July 20, 2024

Economy

USAID Pledges USD 15 Million to Aid Persons with Disabilities in Laos

The United States Agency for International Development (USAID) is set to provide Laos with up to USD 15 million to improve the lives of persons with disabilities in Laos. This initiative is part of the second phase of the Okard Project, which spans from 2024 to 2027   and focuses...

Laos to Raise VAT to 10 Percent on Digital Platforms

Starting 1 August, digital platforms like Google, Facebook, and Amazon will enforce a 10...

Over 10,000 Lao Students Study in Vietnam with Government Aid

Vietnam has become a hub for higher education for more than 10,000 students from...

In Vientiane, farmers are voicing concerns over rising costs of production, unauthorized imports, and...

EU, ASEAN Team Up in Education to Address Global Challenges

In a landmark discussion hosted by the European Union (EU), ASEAN, and leading scholars...

Inflation Rate Increased by Nearly Four Percent in June this Year

The inflation rate in Laos increased in June this year compared to the same period last year, climbing 3.96 percent. According to the Lao Statistics...

Authorities Blame Weak Local Currency for High Egg Prices

Authorities in Laos have said that a weakened Lao Kip is to blame for the increase in egg prices. According to a report by KPL,...

Savannakhet Ready to Employ Over 50,000 Returnees

Businesses in Savannakhet have expressed interest in providing jobs for over 50,000 Lao migrant workers who have returned from Thailand. According to a report by...

China Provides Laos With 28 Electric Vehicles for Use in SEZ

China is providing Laos with a fleet of 28 electric vehicles to promote green transportation as part of the South-South Cooperation Project on climate...

Residents Urge Government to Address Rising Cost of Living

Residents and merchants in Vientiane Capital have urged the government to intervene and address the rising cost of living. A weakening local currency (LAK) has...

Government to Continue Compensating Residents Affected by Laos-China Railway

The Lao government will provide over LAK 465 billion in compensation to those who have been affected by the Laos-China railway project. According to a...