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Saturday, April 26, 2025
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Economy

East Asia Pacific Growth Slows in 2025, World Bank Says

East Asia and Pacific has led in economic growth, but to sustain momentum and create jobs, countries must address global uncertainties. Key challenges include shifting global integration, climate change, and demographic trends. According to the World Bank Group’s latest 2025 Regional Economic Update , it is expected to slow to...

Thailand-Cambodia Crime Pact Shouldn’t Undermine Human Rights, Says Right Group

Thailand and Cambodia’s new agreement to combat transnational crime must not come at the...

Lao, China Bilateral Trade Increases to USD 8.23 Billion in 2024, Marking Significant Growth

In 2024, Laos and China achieved a significant milestone in trade, with a total...

United States Plans to Hit Southeast Asian Solar Imports with Tariffs as High as 3,400 Percent

On 21 April, the United States Department of Commerce announced its final decision in...

Foodpanda to Cease Operations in Thailand, Parent Company Announces

Foodpanda will cease its operations in the country on 23 May, its German parent...

ASEAN Economic Ministers Say No to Retaliation in Response to US Tariffs

Ministries from the Association of Southeast Asian Nations (ASEAN) expressed "deep concern" over unilateral tariffs introduced by the United States.  The statement, adopted during their...

Government Raises Student Living Allowances Nationwide to Boost Education Access

The Ministry of Education and Sports has announced a nationwide increase in monthly living allowances for students at all levels of education, effective immediately.  The...

Laos Exports Farm-Raised Pangasius to China in Milestone Aquatic Trade Deal

Laos has successfully exported its first-ever shipment of farm-raised freshwater pangasius fish to China, marking a historic milestone for the country’s aquatic industry. The shipment...

Laos-China Railway Issues New Parking Regulations for Lao New Year Period

The Laos-China Railway Company Limited has announced new parking regulations aimed at ensuring public safety and smooth operations during the upcoming festive period from...

Coal-Fired Power Plant in Xekong to Generate Power for Cambodia

The Phonesack Group Co., Ltd is investing USD 4 billion in the construction of a large coal-fired thermal power plant in Xekong Province, with...

Asian Development Bank Predicts 3.9 Percent Economic Growth for Laos in 2025

The Asian Development Bank (ADB) officially launched the Asian Development Outlook April 2025 at the ADB’s Lao Resident Mission (LRM) office in Vientiane. According to...