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Sunday, April 27, 2025
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Economy

East Asia Pacific Growth Slows in 2025, World Bank Says

East Asia and Pacific has led in economic growth, but to sustain momentum and create jobs, countries must address global uncertainties. Key challenges include shifting global integration, climate change, and demographic trends. According to the World Bank Group’s latest 2025 Regional Economic Update, it is expected to slow to 4.0...

Thailand-Cambodia Crime Pact Shouldn’t Undermine Human Rights, Says Right Group

Thailand and Cambodia’s new agreement to combat transnational crime must not come at the...

Lao, China Bilateral Trade Increases to USD 8.23 Billion in 2024, Marking Significant Growth

In 2024, Laos and China achieved a significant milestone in trade, with a total...

United States Plans to Hit Southeast Asian Solar Imports with Tariffs as High as 3,400 Percent

On 21 April, the United States Department of Commerce announced its final decision in...

Foodpanda to Cease Operations in Thailand, Parent Company Announces

Foodpanda will cease its operations in the country on 23 May, its German parent...

South Koreans Latest To Get 30 days Visa-Free Travel in Laos

South Korean visitors, backpackers, business travellers, package tourists, honeymooners and independent adventurers alike can now stay in Laos for up to 30 days without a...

Bank of Laos Warns Public Against Use of Cryptocurrencies

The Bank of Laos (BOL) has issued a notice warning the public against the use of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, which are unregulated...

Laos Is Second Most Expensive ASEAN Country to Buy Fuel

An official from the Ministry of Energy and Mines revealed that Laos placed second in the list of the most expensive ASEAN countries in which...

Route 13 to be Improved and Maintained with World Bank Support

More than 500,000 people living adjacent to sections of National Road 13 will benefit from the improvements planned in the National Road 13 Improvement and...

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...