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Sunday, April 20, 2025
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Economy

Laos-China Railway Celebrates Two-Year Anniversary of Cross-Border Service with 480,000 Passengers

The Laos-China Railway has marked its second anniversary of cross-border operations, having transported 480,000 passengers from 112 countries since the service began. The railway has significantly improved travel between Laos and China, offering a quicker and more convenient mode of transport, especially for tourists. Cross-border services were officially launched on 13...

Vietnam to Export Power to Singapore, Malaysia; Import More from Laos, China

Vietnam has revised its national power plan as it pushes for double-digit economic growth...

ASEAN Economic Ministers Say No to Retaliation in Response to US Tariffs

Ministries from the Association of Southeast Asian Nations (ASEAN) expressed "deep concern" over unilateral...

Government Raises Student Living Allowances Nationwide to Boost Education Access

The Ministry of Education and Sports has announced a nationwide increase in monthly living...

Laos Exports Farm-Raised Pangasius to China in Milestone Aquatic Trade Deal

Laos has successfully exported its first-ever shipment of farm-raised freshwater pangasius fish to China,...

Moody’s Assigns First-time Issuer Rating of B3 to Laos

American credit rating agency Moody’s has assigned a B3 rating with a positive outlook to the government of Laos, citing the country’s high economic...

Lao Stock Exchange Sees Steady Growth

Almost a decade ago, the Lao Stock Exchange launched with only a few public companies. Now, it boasts 11 registered companies, all of which...

Laos to Bolster Tax Collection via New Laws

Laos has teamed up with the World Bank, revealing new laws on taxation that would boost the productivity of businesses and ensure accurate and...

Central Bank Governor Explains Reasons for Weak KIP

The Governor of the Central Bank, Sonexay Sitpraxay has stated that weak domestic production is among the causes of the rapid depreciation of the...

Laos Launches Inspection on Car Dealers to Curb Illegal Imports

The Lao government has instructed dealers who import and sell vehicles to present their documents no later than November 29, in a move to...

Laos to Regulate Imports to Promote Domestic Production

Laos plans to regulate imports of consumer goods, in a move to promote domestic production while curbing rising exchange rates. Lao products are struggling to...