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Friday, April 4, 2025
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Economy

Laos Sets Ambitious Targets for Energy, Mining Sector

Lao Prime Minister Sonexay Siphandone has outlined a vision for the energy and mining sector, aiming to increase its contribution to 25 percent of the country’s gross domestic product (GDP) by 2030 while ensuring sustainable development and financial stability. Speaking at the annual energy and mining sector meeting on 31...

Vientiane to Get Real-Time Bus Tracking with ViaBus

The Lao government is teaming up with Thailand to introduce ViaBus, a real-time bus...

Lao Business Forum Highlights Progress, Challenges, Path Forward for Private Sector Development

At the 16th Lao Business Forum, held at the Don Chan Palace in Vientiane...

Trump’s New Reciprocal Tariffs Hit Laos, ASEAN Hard, Threatening Key Exports

Laos is among the countries most affected by the United States' recent announcement of...

France Funds 11 Lao Civil Society Projects for Gender Equality

As part of France’s commitment to gender equality worldwide, Siv-Leng Chhuor, Ambassador of France...

Laos Ranked 42nd Most Vulnerable Country to Climate Change

Laos has been ranked as the 42nd most vulnerable country to climate change. This is due to the country’s proneness to climate-related hazards. Laos' susceptibility to...

Laos Will Issue Bonds in KIP

The Lao government has announced that it will issue domestic bonds in LAK (kip) - instead of foreign currencies - with a two-pronged objective aimed at...

Lao Government Bonds Soon to be Available on Lao Stock Market

The Lao Government is in the process of preparing documents, measures and regulatory and legal frameworks necessary to register government bonds on the Lao stock market...

Lao People Are Paying Too Much For Rice

Lao people are paying some of the highest prices for rice in the region despite the country being a significant rice producer, according to the recently released World Bank...

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...