25 C
Vientiane
Friday, April 25, 2025
spot_img

Economy

Lao, China Bilateral Trade Increases to USD 8.23 Billion in 2024, Marking Significant Growth

In 2024, Laos and China achieved a significant milestone in trade, with a total value of USD 8.23 billion, marking a 15.91 percent increase compared to 2023. This growth was driven by international transactions across several sectors, including the Lao-China railway, investment, and development projects. Last year, the two countries...

United States Plans to Hit Southeast Asian Solar Imports with Tariffs as High as 3,400 Percent

On 21 April, the United States Department of Commerce announced its final decision in...

Foodpanda to Cease Operations in Thailand, Parent Company Announces

Foodpanda will cease its operations in the country on 23 May, its German parent...

Lao-Thai Health Project Trains More Than 1,170 Professionals Under Princess Sirindhorn’s Initiative

Over 1,170 Lao health professionals have been trained through a long-running initiative led by...

Laos Expands Military Teacher Training Program to Tackle Teacher Shortage

As the teacher shortage in Laos continues to affect rural communities, Phongsaly Province has...

Laos Hopes to Develop Own Digital Currency

Laos hopes to issue its own digital currency in the near future as part of cooperation with a Japanese financial technology startup. Nikkei Asia reports...

Laos Exports 50 Tons of Rice to European Union

Laos has exported 50 tons of rice to the European Union market, with Belgium as the first purchase destination. According to a report by Socio-Economic...

Businesses Request Clarification of Government Assistance and Employee Compensation

Businesses have called on the government to provide assistance including tax breaks to ease the burden on the private sector. The private sector wants to...

Thai Durian Growers Expect Fruitful Outcome from Laos-China Railway

Durian growers in Thailand are eagerly awaiting the opening of the Laos-China Railway, which they believe will help them access the lucrative Chinese market. China...

Laos Constructs Railway Vocational Technical College

Construction of a Railway Vocational Technical College has begun in Vientiane Capital that will produce graduates to work in the railway sector. According to...

ADB: Economic Recovery in Laos Delayed by Covid-19

Economic recovery in Laos slowed amid a second wave of the Covid-19 pandemic that has led to lockdowns and lower consumer spending, according to...