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...

Authorities to Discuss Methods for Addressing High Fuel Prices in Laos

Authorities in Laos have begun attempts to address high fuel prices faced by the country amid the volatile global market. The Ministry of Industry and...

Laos to Graduate from Least Developed Country Status

The United Nations General Assembly has adopted a resolution that will see the graduation of Laos from the least developed country category. Laos, along with...

Bank of Laos Orders Phousy Group Suspend Welnance Cryptocurrency Operations

The Bank of Laos has ordered Phousy Group to cease operations of its Cryptocurrency exchange known as Welnance. According to a notice issued yesterday by...

Chinese Private Security Firm Provides Security Services Along Laos-China Railway

A private security firm based in China has won the contract to provide security services for the Vientiane to Boten section of the Laos-China...

Vientiane Capital to Redevelop Canal Behind Mahosot Hospital

Authorities in Vientiane Capital are to redevelop the Don Chan drainage canal behind Masot Hospital and transform it into a clean and attractive area. The...

Laos to See Mineral Earnings of USD 463 Million in Fourth Quarter

Laos expects to earn USD 463 million in the final quarter of this year from mineral sales both domestically and for export, after earning...