33.3 C
Vientiane
Friday, November 15, 2024
spot_img

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...

World Bank Economic Report: Formal Vs. Informal Financial Services

A World Bank report released last week reports that "informal" financial services continue to play an important role in the lending sector in Laos despite the fervent growth of legal...

PM: Laos Won’t Graduate From Least Developed Country Status by 2020

In a surprise revelation, Prime Minister Sisoulith told the members of the National Assembly last week that despite the government's enormous efforts, Laos will not...

PM Sisoulith: First Half of 2018 Sees Economy Grow at 6.7%

Prime Minister Thongloun Sisoulith told the 5th Ordinary Session of the National Assembly on Tuesday that the country's economic development has been advancing as expected with...

Lao Prime Minister Tightens Regulations Against Wildlife Trafficking

Prime Minister Thongloun Sisoulith has issued an order to tighten regulations against hunting and trade of protected wildlife. Individuals or groups that breach the order...

Town of Kaysone Phomvihane Officially Declared a City

The town of Kaysone Phomvihane, capital of Savannakhet Province, has been officially declared a city after the government recently announced the upgrade of three...

Fifth Lao-Thai Friendship Bridge Approved

The Lao and Thai governments have officially given the green light to the construction of the 5th Lao-Thai Friendship Bridge that will soon link...