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Friday, February 7, 2025
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Economy

Irrigation Water Reservoir Set to Benefit 1,760 Families in Champasack

The newly constructed Huay Vang Hay irrigation reservoir in Phonthong village, Champasack, is set to significantly impact local agriculture, benefiting approximately 1,760 families.  With a storage capacity of 47 million cubic meters, the reservoir will be a vital resource for both food production and commercial agriculture, especially for residents of...

Inflation Rate Eases to 15.5% in January

Laos' inflation rate eased to 15.5 percent in January, compared to 16.9 percent in...

Laos to Introduce New Rules to Strengthen Lao Kip, Reduce Reliance on Foreign Currency

In an effort to stabilize the national economy and reduce reliance on foreign currencies,...

Lao Government Calls for Boost in Agricultural Production in 2025

Prime Minister Sonexay Siphandone has called on the agriculture and forestry sectors to enhance...

Traditionally-crafted Bamboo Brooms Earn National Recognition

Broom-making is more than just a craft in Bokeo’s Kang village, it’s a long...

Switzerland Gives Further Boost to Poverty Reduction Fund

Switzerland has agreed to contribute US$18 million to help Laos reduce poverty and achieve the targets set in the National Socio-Economic Plan. A grant agreement...

Govt to Get Tougher on Regulation of Investment Projects

The Ministry of Planning and Investment has issued an instruction that will more closely regulate government-funded investment projects from the start of work until...

WB Helps Laos to Upgrade Rural Roads

The World Bank's Board of Executive Directors is providing US$25 million credit for Laos to strengthen its road maintenance systems and improve road connectivity...

Construction of Petroleum Refinery to Resume This Month

A petroleum refinery project located in the energy and chemical precinct of Saysettha Development Zone, Vientiane is expected to resume this month after construction...

Fuel Prices Rise…Yet Again

The Ministry of Industry and Commerce has announced that fuel prices have increased across the country as of yesterday (December 15) in line with...

PM Thongloun Visits Huawei in Beijing, Discusses Partnership for ICT Development

VIENTIANE - The Prime Minister and the company’s representatives held in-depth discussions on how Huawei can expand its partnership with Laos in the Information...