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Vientiane
Thursday, February 6, 2025
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Economy

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, the Bank of Laos and the Lao government are set to implement new regulations aimed at strengthening the value of the Lao kip.  The Foreign Exchange Management Department of the Bank of Laos (BOL) hosted a...

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...

Economic Crisis, Teacher Shortages Drive Rising School Dropout Rates Across Laos

Laos has seen high school dropout rates for several years, with Attapeu, Sekong, Savannakhet,...

Malaysia to Buy Power From Laos Via Thai Power Grid

VIENTIANE - Thailand and Malaysia concluded a deal on Wednesday which will see Malaysia buy 100 MW of electricity from Laos via Thailand's power...

Malaysia Can Buy Up to 100MW of Hydropower From Laos By 2018

The governments of Malaysia, Thailand and Laos signed a memorandum of understanding (MoU) today to facilitate the implementation of cross-border multilateral power trade of...

Migrants From Laos Experience Smoother Assimilation Into Thai Society

Migrant workers from Laos tend to assimilate better into Thai society than their counterparts from Myanmar and Cambodia, mainly due to similarities in language, lifestyle...

Laos-China Railway Construction to Begin in December

Construction of a historic railway linking Lao capital Vientiane to the Chinese border over a distance of 427 km is expected to begin in...

Indian Investors Affected By Laos Ban On Timber Exports

Laos has banned export of timber and wood products to protect its environment, which has put many foreign investors in a fix, including Indians. "In...

Economists Predict Laos-South Korea Economic Boom

Lao economists are optimistic that economic cooperation between Laos and Republic of Korea will surge after eight cooperation documents were signed by the two...