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Saturday, April 26, 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...

NERI: Lao Economy Needs Diversification

An economic update released last month by the National Economic Research Institute (NERI), a government body led by former Prime Minister Bouasone Bouphavanh, stated that the...

Dao Heuang Coffee to Penetrate Chinese Market

The Dao Heuang Group, one of the biggest producers of coffee in Laos, is expanding its overseas sales network to China, where coffee consumption...

Special/Specific Economic Zones: Laos’ Top Incubator of Economic Growth

Throughout Laos' economic expansion history, a number of initiatives have been launched to improve the investment climate in the country. One of those successful...

Laos Government Approves Minimum Wage Increase

The government of Laos has officially approved an increase to the nation's minimum wage, from 900,000 kip to 1.1 million kip per month, according...

ADB: GDP Growth to Reach 6.8% in 2018 and Increase to 7.0% in 2019

Laos' economic growth is likely to be sustained this year and accelerate in 2019, while inflation will edge up, says a new Asian Development Bank...

Public Hotline to Report Abuses at the Market: 1625

Officials from the Vientiane Department of Industry and Commerce performed a random inspection at multiple markets such as Kuadin Market, Aussie Market, Phonthong Market and...