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Tuesday, May 6, 2025
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Economy

Laos Begins Transition to Underground Power, Communication Cables

Laos has launched a new infrastructure project aimed at relocating internet, communication, and low-voltage electricity cables underground. The move is expected to improve public safety, reduce outages, and better organize the country’s utility network. For years, Laos has faced challenges with its electricity infrastructure, including frequent power outages, storm-damaged utility...

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...

Thailand Urges Laos to Reconsider Sanakham Hydropower Dam Location

Thailand has formally called on Laos to reconsider the proposed location of the Sanakham...

Bank of Laos Limits Daily Foreign Exchange Transactions

The Bank of the Lao PDR (BOL) has announced that commercial banks and currency exchange providers will be subject to new limits on the...

Laos Finance Minister Says Public Debt ‘Still Manageable’

Laos' Finance Minister Bounchom Oubonpaseuth has assured National Assembly members that public debt is still manageable, despite the total amount remaining considerable. Vientiane Times reports...

ASEAN+3 Publishes Regional Economic Outlook for 2022 

Risks abound, but growth is expected to normalize in the region as COVID recedes. On 12 April, the ASEAN+3 Macroeconomic Research Office (AMRO) published its...

Ministry of Foreign Affairs to Streamline Passport Applications

The Ministry of Foreign Affairs (MOFA) plans to process more passport applications to reduce the long queue of people waiting to travel abroad. The Consular...

Laos Finance Minister Guarantees Three-month Fuel Supply

Lao Minister of Finance, Mr. Bounchom Oubonpaseuth, has guaranteed fuel supplies will be sufficient for motorists across Laos for the next three months. He made...

Bank of the Lao PDR Considers Measures to Combat Exchange Issues

The central bank of the Lao PDR is considering measures to address money-related problems including Kip depreciation and rising inflation. According to the Lao News Agency...