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Wednesday, February 5, 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,...

Plan For Logistics Hub in Laos

Aim is to speed up flow of goods into Asean, with hub serving as central node for goods from outside grouping. A group of Singapore...

Laos Holds 8th Mekong-Japan Summit

The Lao PDR was honored to host the 8th Mekong-Japan Summit in Vientiane Capital on Sept 7 under the co-chairs of Prime Minister Thongloun...

Malaysia Is Eighth Largest Foreign Investor in Laos

Malaysia has emerged as the eighth largest foreign investor in Laos with investments of RM 2.3 billion from 2000 to 2015. Malaysian Ambassador to Laos,...

PM Thongloun: ASEAN to Become World’s No. 4 Economy by 2030

VIENTIANE -- A new economic order will emerge by 2030, with Southeast Asia taking on a central role, Laotian Prime Minister Thongloun Sisoulith told...

Railways May Build the New ASEAN Community

BANGKOK - The leaders of the Association of Southeast Asian Nations (ASEAN) will gather in the Laotian capital Vientiane from September 6-8 for their first...

As Budget Drops, MRC Prepares for New Laos Dam

The Mekong River Commission (MRC) is still reeling from the blowback over its handling of the consultation process around the Don Sahong and Xayaburi...