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Saturday, March 15, 2025
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Economy

Laos Tackles Bureaucratic Bloat with Major Government Overhaul

As Laos continues to grow and change, the Lao People’s Revolutionary Party has recognized that its government structure isn't keeping pace with the country's fast development. In response, the Party has announced a major restructuring, focusing on both ministry and constitutional changes to improve the overall governance framework. Despite previous...

Laos Prepares for 2025 Digital Census with Training Initiatives

On the top floor of the four-story Lao Statistics Bureau (LSB) building, located about...

Digital Growth in Laos with Internet Faster by 17.8 percent in Early 2025

The internet and social media landscape in Laos experienced significant growth in 2025, driven...

Most Asian Stocks Drop as Trump Trade Policy Sows Uncertainty

Hong Kong, China AFP-Asian equities mostly fell 5 March as investors fret over Donald Trump's...

Laos Seeks Larger Share of Global Cassava Market Amid Growing Demand

Laos is aiming to expand its cassava exports and attract more international customers, especially...

Bank of Laos Raises Interest Rate to 10% Amid Economic Challenges

The Bank of the Lao PDR (BOL) has announced an increase in its interest rate for short-term loans from 8.5 percent to 10 percent...

Global Reading Crisis: 300 Million Children at Risk by 2030, Report Says

More than 300 million children, representing 37 percent of all young people worldwide, will fail to achieve basic reading proficiency by 2030 if immediate...

Crackdown on Corruption: Lao Officials Push for Severe Penalties

The government has lost significant sums of money to corruption, with the State Inspection Authority identifying development and investment projects, especially roads and bridges,...

Chinese Girl Sparks Debate After Entering Global Math Contest Finals

Jiang Ping, a 17-year-old student in China, has sparked debate on mathematics and education after she was shortlisted for the 2024 Alibaba Global Mathematics...

Laos, Vietnam to Launch Cross-Border QR Payment Service in August

Laos and Vietnam will launch a cross-border QR payment service to enhance tourism and economic exchanges between the two nations. The service is expected...

More Than 415,000 Lao Workers Abroad Affecting Domestic Labor Market

Over 415,000 Lao workers are currently employed abroad, exacerbating a labor shortage in the country, as highlighted by Baykham Khattiya, Minister of Labor and...