31 C
Vientiane
Thursday, February 6, 2025
spot_img

Economy

Inflation Rate Eases to 15.5% in January

Laos' inflation rate eased to 15.5 percent in January, compared to 16.9 percent in December 2024, according to a report by the Lao Statistics Bureau.  The decline in inflation rate is attributed to several factors, including a stable supply of agricultural products and improved exchange rate stability, which has encouraged...

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...

Vientiane Launches Sustainable Tourism Initiative with Innovative Technology for Growth

The Lao government has announced plans to boost tourism in Vientiane Capital with the...

Why the Mekong River Commission Matters

Despite its limitations, the body is key to ongoing efforts to save one of the world’s largest and longest rivers. The Mekong River Commission (MRC)...

China Is Transforming Southeast Asia Faster Than Ever

China’s investment is transforming its smaller Southeast Asian neighbors like never before while helping turn Cambodia, Laos and Myanmar into bigger destinations for its exports. That’s driving...

SNU-Lao Foundation Provides Dental Training to Students

Students and teachers from the Faculty of Dentistry at the University of Health Sciences recently participated in a training seminar on dentistry aimed at...

Govt, Microsoft to Accelerate Digital Transformation

Software giant Microsoft has underscored its commitment to empowering every person and every business in Laos. The initiative is in line with Microsoft's National Empowerment...

Nayoby Bank to Increase Loan Amounts, Expand Branches

Nayoby bank will increase the maximum loan amount it releases to a customer from the current 30 million kip to 50 million kip next...

Laos-China Railway Awaits Landmine Clearance

Construction of the Laos-China railway in Luang Namtha province has yet to commence as some UXO clearance activities need to be completed before the...