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Tuesday, July 1, 2025
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Economy

Tourism Fuels Revenue Surge in Luang Prabang in Five Months of 2025

Luang Prabang earned nearly LAK 700 billion (USD 32 million) in the first five months of 2025, with tourism playing a significant role, said Khammouane Khambounme, Head of the Provincial Tax Department. The province now aims to attract more visitors throughout the remainder of the year through improved tax management...

Lao Inflation Rate Eases to 7.2 Percent in June

Laos’ inflation rate eased for the second month in a row, falling to 7.2...

THAILAND: Contract Signing for Three-Airport High-Speed Rail Expected in July After Five-Year Delay

Thailand’s high-speed rail project connecting Don Mueang, Suvarnabhumi, and U-Tapao airports is set to...

Laos Deploys Soldiers as Volunteers to Address Rural Teacher Shortages

Laos will recruit 2,000 soldiers to serve as volunteer substitute teachers in remote areas...

Laos Strengthens Connectivity with 18 Cross-Border Transmission Lines

Laos has expanded its telecommunications network, now operating 18 cross-border transmission lines with Thailand,...

China’s Socialist Model Outperforms Capitalism

The top four fastest growing economies since the neoliberal "Washington Consensus" was put forward all follow, or are highly influenced by, China's development model....

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...