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Tuesday, July 1, 2025
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Economy

Laos Deploys Soldiers as Volunteers to Address Rural Teacher Shortages

Laos will recruit 2,000 soldiers to serve as volunteer substitute teachers in remote areas across the country, the Ministry of National Defense announced on 29 June. The initiative, carried out in collaboration with the Ministry of Education and Sports, is aimed at easing the country’s chronic shortage of teachers, particularly...

Laos Strengthens Connectivity with 18 Cross-Border Transmission Lines

Laos has expanded its telecommunications network, now operating 18 cross-border transmission lines with Thailand,...

Vietnam Approves Free Public Education from Preschool to High School

Vietnam has officially scrapped tuition fees for public schooling from preschool through to the...

Laos-China Railway Hits New Milestone as Cargo Value Soars Past USD 1.4 Billion

The Laos-China Railway has notched up another milestone in its rapid expansion, transporting more...

Laos Proposes Tax Relief for Small Businesses Under Revised Income Tax Law

On 24 June, Laos proposed amending the Income Tax Law to exempt unprofitable small...

Moody’s Assigns First-time Issuer Rating of B3 to Laos

American credit rating agency Moody’s has assigned a B3 rating with a positive outlook to the government of Laos, citing the country’s high economic...

Lao Stock Exchange Sees Steady Growth

Almost a decade ago, the Lao Stock Exchange launched with only a few public companies. Now, it boasts 11 registered companies, all of which...

Laos to Bolster Tax Collection via New Laws

Laos has teamed up with the World Bank, revealing new laws on taxation that would boost the productivity of businesses and ensure accurate and...

Central Bank Governor Explains Reasons for Weak KIP

The Governor of the Central Bank, Sonexay Sitpraxay has stated that weak domestic production is among the causes of the rapid depreciation of the...

Laos Launches Inspection on Car Dealers to Curb Illegal Imports

The Lao government has instructed dealers who import and sell vehicles to present their documents no later than November 29, in a move to...

Laos to Regulate Imports to Promote Domestic Production

Laos plans to regulate imports of consumer goods, in a move to promote domestic production while curbing rising exchange rates. Lao products are struggling to...