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Sunday, October 6, 2024
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Economy

Laos and South Korea Deepen Agricultural Cooperation in Key Areas

Laos and South Korea have strengthened agricultural cooperation, focusing on modernizing Laos’s farming sector and boosting ties within ASEAN. On 30 October, South Korea’s Minister of Agriculture, Food and Rural Affairs, Song Miryung, met with Laos’s Minister of Agriculture and Forestry, Linkham Douangsavanh, in South Korea, to discuss bilateral agricultural...

World Bank Approves USD 56 Million Climate-Resilient Road Project in Laos

The World Bank has approved the launch of the Climate-Resilient Road Connectivity Improvement Project...

Cambodia Withdraws from Development Pact with Laos, Vietnam

Cambodia has officially withdrawn from the regional development pact with neighboring Laos and Vietnam....

Lao Government Increases Minimum Wage to Combat Rising Living Costs

The Ministry of Labor and Social Welfare has announced a new minimum wage policy,...

Lao Team Shines at Global Robotics Challenge, Achieves Historic 6th Place

The Champa Maker team from Laos achieved 6th place out of 193 at the...

Tough Times In the Laos Garment Industry

The Lao garment industry has been on the decline. The value of exports increased from US$87 million in 1995 to a peak of US$219...

China Gezhouba Group Signs Deal to Construct 35-MW Xelanong 2 Hydropower Project In Laos

The China Gezhouba Group Corp. has signed an agreement with the Laotian government to develop a 35 MW hydroelectric plant in Laos' southern Salavan...

Switzerland Extends Grant to MRC

The Swiss government has granted more than US$7 million to the Mekong River Commission (MRC) to implement its overall brief, which covers areas such...

Finance Officials Asked to Identify Causes of Missing Revenue

Deputy Prime Minister and Minister of Finance Somdy Douangdy has called on the Party Committee of the Ministry of Finance to identify the real...

ASEAN–Russia Trade Reaches US$13.4 Billion

ASEAN-Russia bilateral trade reached US$13.4 billion in 2015, representing 0.6 per cent of ASEAN’s total trade, placing Russia as the eighth largest trade partner...

PM Urges Indigenous Promotion Of Nam Bak Orange Farming

Prime Minister Thongloun Sisoulith has urged the authorities and local people of Nam Bak district, Luang Prabang Province to continue promoting the farming of...