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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...

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...

Town of Kaysone Phomvihane Officially Declared a City

The town of Kaysone Phomvihane, capital of Savannakhet Province, has been officially declared a city after the government recently announced the upgrade of three...

Fifth Lao-Thai Friendship Bridge Approved

The Lao and Thai governments have officially given the green light to the construction of the 5th Lao-Thai Friendship Bridge that will soon link...

Fuel Prices Rise Again and May Rise Further

The retail price of fuel has just risen again as of Saturday (May 26). According to a statement signed by the Minister of Industry and Commerce, petrol companies and gas stations across...

Government Declares One-Dish Menu Items to Be Priced No More Than 15,000 Kip

The Ministry of Industry and Commerce has just announced that it will be implementing a new price control policy, in Vientiane Capital, on the following popular...

Rising Fuel Prices Cause Inflation

The rising price of fuel has been identified as the culprit behind inflation in Laos, causing the government to take steps to address this economic risk. According to the latest report...

World Bank Supports Laos’ Agricultural Sector

The US$25 million Lao PDR Agriculture Competitiveness Project aims to help over 140,000 people by making the planting of rice, maize, and vegetables more productive and...