Economy

Laos Links South Korea Work Visas to Overstay Rates as Program Expands

Laos will suspend access to South Korea’s seasonal work program for 3 years if the nationwide overstay rate reaches 70 percent, under new rules introduced as the country expands overseas job opportunities. A provincial overstay rate above 20 percent will trigger a one-year suspension of visa issuance for Bolikhamxay Province,...

Laos Bans Money Bouquets, Crafts Made From Kip Banknotes

Laos has banned the production, sale, and advertising of crafts made from kip banknotes,...

Laos Targets Faster Border Checks in USD 5 Million Trade Project

Laos is preparing local businesses for higher costs when selling goods abroad, as the...

Thailand’s AIS Plans USD 43.35 Million Investment in Lao Telecom

Thailand’s mobile operator AIS plans to invest USD 43.35 million in Lao Telecom, one...

More Lao Citizens Live Abroad as Foreign Population Nearly Doubles

The number of foreign nationals living in Laos has nearly doubled over the past...

Vegetable Prices Increased over New Year

Vegetable prices rose over the new year holiday period, while the market price of meat remained steady. Each new year, the prices of vegetables including...

New Mobile Banking App for Joint Development Bank

Joint Development Bank (JDB) has announced plans to offer a mobile banking app this year. The mobile banking app will provide customers with a...

No Stop To Rising Fuel Prices in Laos

The Ministry of Industry and Commerce has announced a fuel price increase across the country to match the rise in fuel prices on the...

SDGs’ Message Dispersed in Luang Prabang

About 500 officials, lecturers and students at Souphanouvong University in Luang Prabang province gained insight about the implementation of the nation's Sustainable Development Goals...

Foreign Aid on the Decline

Prime Minister Thongloun Sisoulith has called for central and local departments to do more to pursue the development agenda and strive for greater self-reliance...

Pakxong to Become Champassak’s Second Largest Town

The district of Pakxong will be developed into the second largest urban centre in Champassak province after Pakxe, according to a provincial official. Champassak province...