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Wednesday, October 23, 2024
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Economy

Laos, China Collaborate on Traditional Medicine, Cancer Treatment

Laos and China have deepened their cooperation in traditional medicine, focusing on medical plant cultivation, research, and innovative treatments to enhance healthcare services in Laos. On 18 October, a formal agreement was signed in Vientiane between three parties, including Khampheng Phongluxa, Director General of the Lao Tropical and Public Health...

Lao-Thai Railway Boosts Regional Connectivity, Economic Growth

By SOULIYASONE GNOTSYOUDOM, OULAYVANH SISOUNONTH Since the Lao-Thai railway’s launch on 20 July, regional connectivity...

September Trade Figures Show Drop in Exports, Imports for Laos, Excluding Electricity

In September, Laos recorded a total foreign trade valuation of USD 1,064 million, marking...

Vang Vieng to Undergo Major Urban Renewal with ADB Grant

The Asian Development Bank (ADB) has provided USD 1.8 million to support an urban...

ASEAN-UK Creative Economy Program Launched to Boost Regional Ties

The United Kingdom’s Mission to ASEAN and the British Council have officially launched the...

European Union-ASEAN Dialogue Explores Green Transition Opportunities, Challenges

European Union (EU)-ASEAN businesses and cooperation agencies discussed the opportunities and challenges of ASEAN’s green transition in the Partners’ Dialogue forum with the Delegation...

StarExpress Tourist Train Launches, Connecting Kunming to Laos

On 24 September, the StarExpress, a new cross-border tourist train, launched its inaugural journey from Kunming, China, to Luang Prabang and Vientiane, Laos.  This new...

Laos Faces Eighth Consecutive Month of Trade Deficit

Laos recorded a trade deficit of USD 129 million in August, marking the eighth straight month of trade deficits in 2024, according to data...

Salavan, Ubon Ratchathani Provinces Agree on Cross-Border Water Transport Deal

Laos’ Salavan Province and Thailand’s Ubon Ratchathani Province have agreed to enhance cooperation on water transport, aiming to improve regional connectivity through key international...

Asian Development Bank Forecasts Economic Growth for Laos by Year-End Amid Challenges

The Asian Development Bank (ADB) has projected that Laos will experience a growth rate of 4.0 percent in 2024, supported by investments in services...

Lao Producers Gear Up for Duty-Free Exports to UK Under New Trade Scheme

Lao food and drink producers are preparing to export their products tariff-free to the United Kingdom (UK) under the UK’s Developing Countries Trading Scheme...