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Saturday, November 16, 2024
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Economy

Nam Theun 2 Power Company Earns Laos’ First International Anti-Bribery Certification

Nam Theun 2 Power Company Ltd. (Nam Theun 2) became the first company in Laos to receive the ISO 37001:2016 or the Anti-Bribery Management Systems certification on 6 September. This certification highlights Nam Theun 2’s commitment to upholding transparency and integrity, with the endorsement of its shareholders Electricité de France...

Laos, Russia Team Up on Unexploded Ordnance Clearance in Houaphanh Province

Laos’s Ministry of Defense and the Russian Embassy in Laos launched a humanitarian project...

Xieng Khouang to Celebrate Khao Kai Noi Festival, Showcasing Laos’ Premium Rice

Xieng Khouang Province is set to host the Khao Kai Noi Festival from 25...

Laos-China Railway Hits 3 Million Passengers in First 10 Months of 2024

Over the first ten months of 2024, the Laos-China Railway transported a total of...

That Luang Festival to Feature Over 1,600 Booths Showcasing Lao Crafts, Culture

The 2024 That Luang Festival, running from November 11 to 15, is set to...

Bank of Laos Warns Public Against Use of Cryptocurrency

The Bank of Laos (BOL) has issued a notice warning the public about the usage of unregulated cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, which...

Laos Hopes to Pay Off USD 14 Billion Debt by 2025

Foreign debt to the tune of USD 13 billion and domestic debt of USD 900 million will be paid off with revenue earned from...

China Remains the Largest Foreign Investor in Laos

China remains the largest foreign investor in Laos, undertaking a total of 813 projects worth USD 16 billion. Deputy Prime Minister and Minister of Planning...

Returning Migrant Labor Costs Lao Government Over LAK 15 Billion

The Lao government has spent over LAK 15.82 billion on food, transportation, and other necessities for Lao migrant workers returning from Thailand. Minister of Labour...

Laos-China Railway Scheduled to Open in December this Year

Laos has announced that the Laos-China Railway is scheduled to officially open in early December this year. Deputy Prime Minister and Minister of Planning and...

New Vientiane to Houaphan Expressway Project Under Consideration

The Lao government is considering approval of a new expressway project that will stretch from Vientiane Capital to Houaphanh Province. The new expressway route, commencing...