25 C
Vientiane
Tuesday, May 6, 2025
spot_img

Economy

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 in the Universal Periodic Review (UPR), but fundamental rights issues remain unresolved, especially regarding disappearances and expression. Speaking at the United Nations Human Rights Council in Geneva, Deputy Minister of Foreign Affairs and Vice-Chairman of the...

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...

Laos Seeks Solutions to Address New United States Tariff Hikes

Laos' exports to the United States are expected to face significant impacts following the...

Japan Honors Sonexay Siphandone with Order of the Rising Sun

On 29 April, the Japanese government announced that Grand Cordon of the Order of...

Laos-China Railway Opens New Station in Oudomxay Province

The Laos-China railway has announced the opening of a Namor Railway Station in Oudomxay province starting 1 June.  A standard K12/1 train will be put...

Laotians Continue to Visit Thailand for Petrol

Laotians are flocking to Nong Khai, Thailand, to fill their vehicles with petrol in response to chronic fuel shortages in Laos. According to Channel One...

Laos Party Central Committee Resolves to Address Economic Problems

The Lao People's Revolutionary Party Central Committee has resolved to take immediate measures to address the country's economic issues, including the fuel shortages, spiraling...

Bank of Laos Vows to Resolve Foreign Exchange Problems

The Bank of the Lao PDR held a press conference today to announce solutions it has proposed for the ongoing foreign currency problem faced...

Public Left to Speculate as Fuel Shortages Continue in Laos

Despite continued fuel shortages that have been described as a crisis for Laos, little guidance has been provided to the public as gaps in...

Myanmar Central Bank Bans Payments in Foreign Currency

The Central Bank of Myanmar (CBM) on Wednesday banned foreign currency for local payments to stabilize the foreign exchange rate in the country. The bank...