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Monday, June 2, 2025
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Economy

Laos Signs Agreement to Build Longest Highway Connecting Laos, Vietnam

The Lao government has signed a Memorandum of Understanding (MoU) with Phongsavanh Group Co., Ltd. to develop the country’s longest expressway, marking a major milestone in regional infrastructure development. The agreement, finalized on 30 May, initiates the feasibility study, route survey, design planning, and construction preparation for a new highway...

Laos Trade Surplus Hits USD 160 Million on Back of Rising Exports

Laos recorded a strong trade surplus of approximately USD 160 million in March, despite...

Lao Ministry Reports Major Reading Gains Among Students in Champasack, Attapeu Provinces

Over 29,000 young students in the southern Champasack and Attapeu provinces have significantly improved...

Inflation Eases to 8.3% in May, But Key Prices Remain High

The inflation rate in May stood at 8.3 percent, showing a significant drop from...

Southeast Asian Nations Express ‘Deep Concern’ Over US Tariffs

By Rebecca BAILEY and Isabelle LEONG/AFP - Southeast Asian leaders expressed "deep concern" over...

Bolikhamxay Inmates to Get Job Training Through China-Laos Deal

The Bolikhamxay Provincial Public Security Headquarters has entered into a 25-year agreement with a Chinese mining company to provide vocational training for prisoners. This...

Thailand Falls Behind in Sustainable Tourism as Laos Wins Global Praise

Thailand is falling behind in the race for sustainable tourism, industry leaders warned at the Thailand Tourism Forum 2025, held on 7 May in...

Luang Prabang Pushes for Green Destination Certification to Boost Sustainable Tourism

Luang Prabang is taking steps to further enhance its tourism sector by exploring the possibility of receiving the prestigious Tourism Destination Award from the...

Thailand Urges Laos to Resume Cattle Imports After Anthrax

Thailand is planning to consult Laos and Vietnam to lift the ban on cattle imports after an anthrax outbreak in the country amidst concerns...

Phu Quoc Airport Set for Mega Upgrade Ahead of APEC 2027

Phu Quoc International Airport in Kien Giang Province will undergo major expansion and upgrades to support the 2027 APEC (Asia-Pacific Economic Cooperation) Economic Leaders'...

Thailand Cuts Growth Forecast on Tariff Uncertainty

AFP - Thailand has downgraded its 2025 economic forecast due to uncertainty over trade tariffs threatened by US President Donald Trump, senior officials said...