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Monday, November 4, 2024
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Economy

High Honors, Higher Expectations: Red Certificate Sparks Debate Among Young Lao Graduates

In Laos, as the job market grows more challenging, people are questioning the true value of academic accolades, particularly the "red certificate," a mark of academic distinction. But is it truly a key to success, or does it merely add more pressure? As graduates celebrate this accolade, many are...

Salavan Province Teams Up with Singapore for New Wind Power Project

Salavan Province has launched plans to build its first wind power production after joining...

Laos’ Inflation Rate Drops to 20.7 Percent in October

Laos's inflation rate dropped slightly in October to 20.7 percent, down from 21.7 percent...

Laos Celebrates National Handicraft Day, Honoring Heritage, Economic Impact

Laos commemorates its National Handicraft Day on 1 November, celebrating the nation’s rich heritage...

Vientiane Province Boosts Tourism Goals with 1.3 Million Visitor Target by End of 2025

Vientiane Province is actively boosting tourism to position the industry as a key economic...

Lao Small Businesspeople Invest In Foreign Countries

While still small in number, the number of Lao businesses investing in other countries of Asean is increasing. Meanwhile, many more businesses from Asean nations...

Vietnam Considers Buying Electricity From Laos to Ease Reliance On China

Vietnam may import electricity from Laos to minimize the risks from relying on Chinese imports and to offset supply shortages caused by cutting off...

Fisherman Struggling with Seasonal Lower Prices

Lao fishermen, fish farmers and market traders are battling lower fish prices this rainy season as overall market supply has increased.Reservoir fishermen at the...

Government Enforcing Revenue Collection Measures

The Ministry of Finance is committed to carrying out stronger measures to increase revenue collection for the rest of the fiscal year to offset...

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,...