Economy

Attapeu Looks to Job Support as School Dropouts Rise

Attapeu is expanding its employment services as the province seeks to respond to labor shortages and help people who have left school find work, according to provincial media.   At a meeting on 20 August, Director of the provincial Department of Labour and Social Welfare Phonmany Khiengxayavong said the province will...

Laos Moves to Update Electricity Law for Energy Sector Shift

Laos is moving to update its electricity sector as the government prepares to adopt...

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8...

Prime Minister Calls for Tighter Oversight of Boten SEZ Amid Development Challenges

Prime Minister Sonexay Siphandone has called for stronger management of the Boten Special Economic...

Laos-China Railway Trade Surges as Cross-Border Freight Hits New Highs

Trade along the Laos-China Railway continued to grow sharply in the first half of...

Laos Sees Trade Deficit of USD 80 Million in December

Laos reported a trade deficit of USD 80 million in December 2021 with imports and exports totaling approximately USD 1.18 billion. According to information from...

Vientiane Capital Upgrades Khouvieng Road to Improve Traffic Flow

Authorities in Vientiane Capital have begun widening stretches of Khouvieng Road to better facilitate traffic flow and reduce congestion. Roads are to be widened, footpaths...

Vang Vieng Station Commences Freight Services Along Laos-China Railway

Vang Vieng Station in Vientiane Province has commenced providing freight services along the Laos-China Railway. The station began the provision of freight services this week...

Laos to See Decline in Coffee Exports This Year

Coffee exports are expected to slow for Laos this year as the number of coffee plantations decreases. In 2022, Laos is predicted to export just...

Laos Authorizes Two Crypto Exchange Platforms

Authorities in Laos have officially authorized two licensed cryptocurrency exchange platforms to operate in the country. The Bank of Laos (BOL) has granted their Agreement...

New Riparian MRC Head Anoulak Kittikhoun Takes Office Today

Mr. Anoulak Kittikhoun takes office today as the third riparian Chief Executive Officer (CEO) of the Mekong River Commission (MRC) Secretariat. He will lead...