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Friday, September 12, 2025
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Economy

Laos Calls for Increased ASEAN Investment in Nature-Based Solutions

Laos is urging ASEAN member states to ramp up investment in Nature-based Solutions (NbS) and Ecosystem-based Adaptation (EbA), calling them powerful tools for protecting forests, strengthening communities, and tackling climate change head-on. Delivering the message at the 28th Meeting of ASEAN Senior Officials on Forestry in Luang Prabang on 6...

New Incentives for Nature-Based Tourism Investment in Lao Forests

World Bank Laos - A decision announced today by the Lao Ministry of Agriculture...

Laos Signs Agreement to Develop Pumped-Storage Hydropower Project in Sekong

On 1 September, Électricité du Laos Generation Public Company (EDL-Gen) signed an agreement with...

Laos Fuel Price Fluctuations Hit Commuters, Families, Delivery Workers

Fuel prices in Laos have shifted modestly compared to the same period last year,...

One in Three Girls in Laos Married Before 18, UNICEF Reports

One in three girls in Laos is married before 18, making it one of...

Korean Firm Partners with Wanfeng Property to Attract Investment to That Luang SEZ

A Korean real estate investment firm based in Shanghai has signed an agreement with a Chinese property developer to attract investment in the That...

Electricity Exports On the Rise as Laos Powers Up ASEAN

Laos has earned USD 2,012 million from the export of electricity to other countries this year, up by 12 percent compared to last year. Deputy...

Laos to Reopen Under Green Zone Travel Plan

The government of Laos has begun preparations for reopening the country to vaccinated tourists under its new Lao Travel Green Zone plan. The new plan...

Government of Laos Declines Offer to Sell BCEL Bank Shares

The Office of the Prime Minister's Office has issued a notice stating that it has declined a proposal by Phousy Group to purchase the...

Lao Kip Drops to 15-Year Low

The Lao kip has continued its depreciation against foreign currencies, reaching its lowest value against the US dollar in more than fifteen years. The value...

Local Company to Construct Smart City in Vientiane Capital

Lao-owned construction company Douangchaleun Development Construction Group is to construct a Smart City development project in the capital of Laos. The government of Laos has...