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Thursday, November 14, 2024
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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...

Mongolia to provide Sheep to Lao People’s Army

The Mongolian government has agreed to provide 1,000 sheep to the Lao People's Army battalion in Xieng Khouang Province. A meeting was held between Mongolian...

Minimum Wage Increase Planned for This Year

From 1991 to 2015, the minimum wage has increased a total of 7 times in Laos. According to the Department of Labor Regulation, an 8th change is set...

Euler Hermes: Growth Is Firm, But Fundamentals Remain Weak in Laos

Euler Hermes, an Allianz company, has released a brief country economic report on Laos. The following is an excerpt from the report: ECONOMIC OVERVIEW Solid growth...

Savannakhet Reaches Population of 1 Million

Savannakhet Province is now officially the province with the largest population in Laos, according to a report released by the provincial statistics bureau on...

Vang Vieng Expressway to be Extended to China

The Vientiane to Vang Vieng expressway is now to be extended to China, according to a recent announcement by Yunnan Construction Engineering Group. The first...

New Law to Ensure Fair Compensation for Relocated Populations

A new law will pave the way for fairer and faster compensation payouts for landowners that lose their property to development projects, according to...