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Sunday, September 14, 2025
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Economy

Laos Calls for Increased ASEAN Investment in Nature-Based Solutions

Laos is urging ASEAN member states to ramp up investment in Nature-based Solutions (NbS) and Ecosystem-based Adaptation (EbA), calling them powerful tools for protecting forests, strengthening communities, and tackling climate change head-on. Delivering the message at the 28th Meeting of ASEAN Senior Officials on Forestry in Luang Prabang on 6...

New Incentives for Nature-Based Tourism Investment in Lao Forests

World Bank Laos - A decision announced today by the Lao Ministry of Agriculture...

Laos Signs Agreement to Develop Pumped-Storage Hydropower Project in Sekong

On 1 September, Électricité du Laos Generation Public Company (EDL-Gen) signed an agreement with...

Laos Fuel Price Fluctuations Hit Commuters, Families, Delivery Workers

Fuel prices in Laos have shifted modestly compared to the same period last year,...

One in Three Girls in Laos Married Before 18, UNICEF Reports

One in three girls in Laos is married before 18, making it one of...

Vientiane Surpasses Poverty Reduction Target, 99.43% Progress Achieved

Almost the entirety of Vientiane’s population is now above the poverty line, according to Sengaloun Souliyavong, the Head of Vientiane's Department of Agriculture and...

State Budget Mismanagement Uncovered in Vientiane Capital

Laos is facing issues in managing its state budget, with billions of kip unaccounted for, according to the Vientiane Capital People's Assembly on 19...

Rising Costs Prompt Market Reform Proposals

National Assembly Representative for Vientiane Capital, Valy Vethsaphong, has called on the Lao government to address the rising prices of essential goods, despite the...

Vientiane Economy Hits 5.85 Percent Growth, Beating Expectations

Vientiane Capital's economy grew by 5.85 percent, surpassing the National Assembly's initial target of 0.30 percent, according to the city Mayor Atsaphangthong Siphandone.  Atsaphangthong reported...

Phout Simmalavong Receives Japan’s Order of the Rising Sun in Official Ceremony

On 18 December, Phout Simmalavong, Minister of Education and Sports and President of the Lao-Japan Friendship Association, received Japan's prestigious Order of the Rising...

Creative Economy Revolution: How ASEAN’s Youth are Leading the Charge

On 2 to 5 December, the Young Southeast Asian Leaders Initiative (YSEALI) Summit 2024 brought together 100 young leaders from across ASEAN and Timor-Leste...