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Thursday, April 24, 2025
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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...

Singapore to Trial Import of Electricity from Laos

Singapore is to trial the import of electricity from Laos via Thailand and Malaysia following an agreement between Keppel Electric and Electricite du Laos...

Students Face Difficulties with Online Learning in Vientiane Capital

Authorities in Vientiane Capital have admitted that many schools and students face difficulties accessing or using online learning facilities. KPL reports that low internet penetration...

Currency Exchange Businesses to Become Commercial Bank Representatives

Authorities in Laos have ordered currency exchange businesses to transition into representatives of commercial banks across the country. According to a notice issued by the...

Laos Sees Trade Deficit of USD 24 million in August

Laos recorded a trade deficit of USD 24 million in August, according to information from the Lao Trade Portal. LTP reports that exports from Laos...

Laos Authorizes Cryptocurrency Trial Program

The government of Laos has authorized six companies to trade and mine cryptocurrencies while relevant ministries are to draft regulations governing their use. According to...

Vang Vieng To Receive New Roads, Infrastructure Upgrade

Vang Vieng is to receive a USD 8 million upgrade to improve its infrastructure, according to the Vientiane Times. The tourist town will see new...