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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...

Public Warned About Electrical Hazards Along Laos-China Railway

Electrical systems and transmission lines are expected to be operational along the Laos-China Railway in the coming days, with the public advised to keep...

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...