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Sunday, January 5, 2025
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Economy

Lower Inflation in Laos in 2024, but Cost of Living Remains High

Laos’s inflation rate dropped in 2024 to 21,3 percent, down from 31,2 percent in 2023, according to official reports. Despite this decline, the cost of living remained high throughout the year, with data from the National Statistics Bureau showing a surge in the Consumer Price Index, which rose from 208,3...

Lao Government Addresses 73,000 Illegal Workers Abroad

The Lao government has revealed that more than 73,000 Lao workers are currently working...

ChildFund Bids Farewell to Laos After 14 Years

After 14 years of development work in Laos, ChildFund in Laos held its close-out...

Vientiane’s New Bus Project: A Step Forward or a Traffic Gamble?

Additional reporting by Kheuakham Chanlivong In Laos, daily commutes are largely dominated by private vehicles,...

Lao Government Allocates USD 960 Million for 2025 Development Projects

The Ministry of Planning and Investment announced the approval of 746 State investment projects...

Lao Freight Forwarders Suffering from Competition

Transport service providers and freight forwarders in Laos are suffering from increased competition with the number of companies operating in the sector having increased. Despite...

ADB to Provide More Support for Development in Laos

The Asian Development Bank (ADB) will provide US$32 million for the Climate-Friendly Agribusiness Value Chains Sector Project in Laos next year. This information was confirmed...

Economic Issues Top Cabinet, Provincial Governors Meeting Agenda

A meeting between the government cabinet, Vientiane Mayor and provincial governors kicked off yesterday in Vientiane to debate measures to realise the 2017 socio-economic...

Vientiane to Increase Water Charges by Four Percent

Vientiane Water Supply Enterprise (Nampapa Nakhon Luang) has announced it will increase water supply charges by four percent across all categories coming into effect...

UN Agencies Continue to Boost Development in Laos

All three respective United Nations agencies are starting their new cycle of five-year programming next year in an effort to boost the development of...

Construction Material Quality Control Centre Slated

Laos and China have agreed to cooperate in the construction sector, aiming to guarantee and improve of quality of construction materials in Laos. An agreement...