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...

Fuel Prices Rise Again and May Rise Further

The retail price of fuel has just risen again as of Saturday (May 26). According to a statement signed by the Minister of Industry and Commerce, petrol companies and gas stations across...

Government Declares One-Dish Menu Items to Be Priced No More Than 15,000 Kip

The Ministry of Industry and Commerce has just announced that it will be implementing a new price control policy, in Vientiane Capital, on the following popular...

Rising Fuel Prices Cause Inflation

The rising price of fuel has been identified as the culprit behind inflation in Laos, causing the government to take steps to address this economic risk. According to the latest report...

World Bank Supports Laos’ Agricultural Sector

The US$25 million Lao PDR Agriculture Competitiveness Project aims to help over 140,000 people by making the planting of rice, maize, and vegetables more productive and...

NERI: Lao Economy Needs Diversification

An economic update released last month by the National Economic Research Institute (NERI), a government body led by former Prime Minister Bouasone Bouphavanh, stated that the...

Dao Heuang Coffee to Penetrate Chinese Market

The Dao Heuang Group, one of the biggest producers of coffee in Laos, is expanding its overseas sales network to China, where coffee consumption...