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Tuesday, September 17, 2024
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Economy

Luxembourg Development Cooperation Supports Lao Red Cross with High-Tech Blood Cold Chain Equipment

Luxembourg has handed over state-of-the-art blood cold chain equipment to the Lao Red Cross, valued at approximately 2 million Euros on 13 September in Vientiane. This significant contribution aims to strengthen the Laos’ blood transfusion services and ensure a reliable and safe supply of blood products across Laos. The handover...

Laos Launches Low-Interest Loan Program to Boost Economic Self-Reliance

The Lao government has announced the establishment of a low-interest business funding program aimed...

Indonesian President-Elect Visits Laos, Forges Stronger Bilateral, Regional Ties

Indonesian President-elect Prabowo Subianto visited Laos on 6 September and met with President Thongloun...

Sekong Launches Electronic Birth Registration System

Sekong’s Ministry of Home Affairs launched the “Electronic Civil Registration and Vital Statistics” system...

Laos, South Korea Collaborate on Direct Flight Initiative to Boost Tourism, Economic Ties

Laos is considering the introduction of direct flights from South Korea to Luang Prabang...

Lao Legal Market: A Gentle Awakening

Lao People’s Democratic Republic remains one of the most underdeveloped countries in Southeast Asia. But according to the Asian Development Bank (ADB), the Lao...

Lao GDP Expected to Expand 7%, Lower Than Expected

The initial estimates made by Lao National Statistics Bureau suggest that gross domestic product (GDP) for the 2015-2016 fiscal year will reach 6.9-7 percent,...

Gov’t Report: Laos-China Railway to Benefit Various Areas, Boost Investment

The Laos-China Railway Project is likely to bring such benefits to the Lao PDR as strong economic infrastructure, the achievement of cooperation and connectivity...

Vietnam Aims For Larger Slice of Lao Retail Market

Local companies have been swimming against the tide, trying to make headway into the lucrative Lao retail market, says the Hanoi Women Association of...

China’s Socialist Model Outperforms Capitalism

The top four fastest growing economies since the neoliberal "Washington Consensus" was put forward all follow, or are highly influenced by, China's development model....

Ministry of Finance: Tax Take Set to Increase Next Year

The Taxation Department of the Ministry of Finance is aiming to introduce new land and road tax rates to boost government revenue for next...