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Saturday, June 14, 2025
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Economy

Laos Commits LAK 215 Billion to Strengthen Education and Keep Students in School

The Lao government has allocated over LAK 215 billion (approximately USD 9.97 million) to strengthen the country’s education sector, with a focus on increasing school enrollment, reducing dropout rates, and improving support for both students and teachers. The announcement came from Prime Minister Sonexay Siphandone during the 9th Ordinary Session...

Oil surges, stocks fall on Middle East fears as Israel strikes Iran

AFP – Oil prices soared and stocks sank Friday after Israel launched "preemptive" strikes...

EssilorLuxottica Expands in Laos with New High-Capacity Lens Facility

EssilorLuxottica, a global leader in the design, production, and distribution of ophthalmic lenses, optical...

LOCA Launches Green Bond to Boost EV Use in Laos

LOCA, the Lao-grown ride-hailing and electric mobility startup, has announced the extension of its...

Salavan Opens First Drug Rehabilitation Center to Combat Substance Abuse

Salavan Province inaugurated its first dedicated drug rehabilitation center on 10 June, marking a...

China Gezhouba Group Signs Deal to Construct 35-MW Xelanong 2 Hydropower Project In Laos

The China Gezhouba Group Corp. has signed an agreement with the Laotian government to develop a 35 MW hydroelectric plant in Laos' southern Salavan...

Switzerland Extends Grant to MRC

The Swiss government has granted more than US$7 million to the Mekong River Commission (MRC) to implement its overall brief, which covers areas such...

Finance Officials Asked to Identify Causes of Missing Revenue

Deputy Prime Minister and Minister of Finance Somdy Douangdy has called on the Party Committee of the Ministry of Finance to identify the real...

ASEAN–Russia Trade Reaches US$13.4 Billion

ASEAN-Russia bilateral trade reached US$13.4 billion in 2015, representing 0.6 per cent of ASEAN’s total trade, placing Russia as the eighth largest trade partner...

PM Urges Indigenous Promotion Of Nam Bak Orange Farming

Prime Minister Thongloun Sisoulith has urged the authorities and local people of Nam Bak district, Luang Prabang Province to continue promoting the farming of...

Rice Planting Going to Plan

Agricultural authorities have not reported any adverse weather conditions so far, two months into the rice planting season, although locusts have caused damage in...