30.9 C
Vientiane
Tuesday, September 16, 2025
spot_img

Economy

Chao Anouvong Stadium Renovation on Track for Late 2026 Completion

The renovation of Vientiane’s Chao Anouvong Stadium is on track and is expected to be completed by October 2026, the Ministry of Education and Sports said.  The project, valued at JPY 4.171 billion (approximately USD 29 million), is funded through grant aid provided by the Government of Japan and is...

New Cross-Border Infrastructure Project to Strengthen Connectivity in Southern Laos

Authorities in Attapeu have officially launched construction of a major infrastructure project designed to...

Asian Development Bank Funds USD 41M for Primary Healthcare in Laos

The Asian Development Bank (ADB) has approved a USD 41 million financing package to...

Laos Calls for Increased ASEAN Investment in Nature-Based Solutions

Laos is urging ASEAN member states to ramp up investment in Nature-based Solutions (NbS)...

New Incentives for Nature-Based Tourism Investment in Lao Forests

World Bank Laos - A decision announced today by the Lao Ministry of Agriculture...

Laos Suffers Trade Deficit of USD 137m in 2019

Laos recorded a trade deficit of USD 137 million in 2019, although the country exported more than its yearly plan. The value of exports last...

Laos Sees 145% Energy Export Growth between 2016-2020

Laos has increased its electricity exports by 145 percent over the past five years amid a growing number of hydropower plants. The country expanded electricity...

World Bank Classifies Laos as Lower-Middle-Income Economy for 2020

The World Bank has classified Laos as a lower-middle-income economy in its latest classification for the 2020 fiscal year. The bank classifies the world’s economies...

Moody’s Assigns First-time Issuer Rating of B3 to Laos

American credit rating agency Moody’s has assigned a B3 rating with a positive outlook to the government of Laos, citing the country’s high economic...

Lao Stock Exchange Sees Steady Growth

Almost a decade ago, the Lao Stock Exchange launched with only a few public companies. Now, it boasts 11 registered companies, all of which...

Laos to Bolster Tax Collection via New Laws

Laos has teamed up with the World Bank, revealing new laws on taxation that would boost the productivity of businesses and ensure accurate and...