27.9 C
Vientiane
Tuesday, July 1, 2025
spot_img

Economy

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 percent in June 2025 from 8.3 percent in May, according to the latest report from the Lao Statistics Bureau.  The national Consumer Price Index (CPI) stood at 251.4 in June, representing a 1.2 percent increase compared...

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,...

Vietnam Approves Free Public Education from Preschool to High School

Vietnam has officially scrapped tuition fees for public schooling from preschool through to the...

Lao Government Sign USD 150 Million Agreement with Asian Development Bank for Four Projects

On 12 December, the Asian Development Bank (ADB) signed a loan and 16 agreements with the Lao government for a total of four projects,...

Laos, Korea Launch Water Management Project to Boost Agriculture

Laos and South Korea have launched a USD 5.6 million partnership to improve water management and agricultural practices in Laos, focusing on sustainability and...

Lao Government Introduces Digital Border Fees for Tourists

Starting 1 September, the Lao government began collecting a fee of LAK 10,000 (USD 0.46) from all domestic and international tourists, including group tours...

Chinese Firm to Invest USD 600 Million in Pomelo Production in Laos

A Chinese firm has announced plans to invest USD 600 million in pomelo cultivation and processing in Laos, aiming to strengthen agricultural exports and...

Luang Prabang Launches Startup Ecosystem Initiative with South Korea

Luang Prabang Province in Laos is making strides to boost its startup ecosystem through a collaboration with Sejong City and the Hannam University Consortium...

Fighting Corruption: Laos Recovers Millions in 2024

Corruption continues to pose a significant challenge in Laos, with total losses amounting USD 32.1 million in 2024, according to the State Inspection and...