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Vientiane
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,...

Ministry of Finance: Tax Take Set to Increase Next Year

The Taxation Department of the Ministry of Finance is aiming to introduce new land and road tax rates to boost government revenue for next...

Attapeu Expands Rice Production

Southern Attapeu province is improving the quality of its rice production to increase rice sales domestically and for export, with rice trade experiencing rapid...

Economic Research Is Vital For National Financial Planning

The financial sector has been told to carry out global economic and financial research about potential impacts on Laos so that the country can...

How a Japanese Strawberry Gets to Laos

Japan has a lot of work to do if it is to reach the government's goal of exporting an annual 1 trillion yen ($10...

Heritage City Market Closes Due to Flooding

Authorities in Luang Prabang province have improved the drainage system along various major roads in the city after flooding was recorded in several areas...

National Revenue Shortfall Escalates Budgetary Tensions

Revenue collected over the past 10 months of the 2015-16 fiscal year has accomplished only 74.52 percent of the set annual plan approved by...