28.3 C
Vientiane
Tuesday, July 1, 2025
spot_img

Economy

Tourism Fuels Revenue Surge in Luang Prabang in Five Months of 2025

Luang Prabang earned nearly LAK 700 billion (USD 32 million) in the first five months of 2025, with tourism playing a significant role, said Khammouane Khambounme, Head of the Provincial Tax Department. The province now aims to attract more visitors throughout the remainder of the year through improved tax management...

Lao Inflation Rate Eases to 7.2 Percent in June

Laos’ inflation rate eased for the second month in a row, falling to 7.2...

THAILAND: Contract Signing for Three-Airport High-Speed Rail Expected in July After Five-Year Delay

Thailand’s high-speed rail project connecting Don Mueang, Suvarnabhumi, and U-Tapao airports is set to...

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...

Laos Strengthens Connectivity with 18 Cross-Border Transmission Lines

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

Lao People Are Paying Too Much For Rice

Lao people are paying some of the highest prices for rice in the region despite the country being a significant rice producer, according to the recently released World Bank...

World Bank Economic Report: Formal Vs. Informal Financial Services

A World Bank report released last week reports that "informal" financial services continue to play an important role in the lending sector in Laos despite the fervent growth of legal...

PM: Laos Won’t Graduate From Least Developed Country Status by 2020

In a surprise revelation, Prime Minister Sisoulith told the members of the National Assembly last week that despite the government's enormous efforts, Laos will not...

PM Sisoulith: First Half of 2018 Sees Economy Grow at 6.7%

Prime Minister Thongloun Sisoulith told the 5th Ordinary Session of the National Assembly on Tuesday that the country's economic development has been advancing as expected with...

Lao Prime Minister Tightens Regulations Against Wildlife Trafficking

Prime Minister Thongloun Sisoulith has issued an order to tighten regulations against hunting and trade of protected wildlife. Individuals or groups that breach the order...

Town of Kaysone Phomvihane Officially Declared a City

The town of Kaysone Phomvihane, capital of Savannakhet Province, has been officially declared a city after the government recently announced the upgrade of three...