21.2 C
Vientiane
Friday, November 14, 2025
spot_img

Economy

EDL-Gen Signs an Agreement to Boost Floating Solar, Carbon Credit Initiatives

On 10 November, Électricité du Laos Generation Public Company (EDL-Gen) signed an agreement with South Korean firm CS Tech Co., Ltd. to develop floating solar installations on its hydropower reservoirs and advance carbon credit initiatives. Souksavath Sosoupanh, Managing Director of EDL-Gen, stated that the partnership will install floating solar panels...

National Assembly Calls for Action on Roads, Education, Agriculture

At the 10th Ordinary Session of the 9th National Assembly on 11 November, members...

Construction Begins on National Road No. 2W Upgrade Project Worth USD 10 Million

On 11 November, the Ministry of Public Works and Transport (MPWT) signed a contract...

Mineral Sector Surpasses Five-Year Goals as Government Strengthens Oversight

Laos’ mineral sector recorded production worth LAK 36,175 billion (approximately USD 1.67 billion) in...

Laos Cuts Public Debt to 88 Percent of GDP, Reports Budget Surplus

Laos has successfully reduced public debt from 112 percent of GDP in 2022 to...

Laos, Singapore, Cambodia Unite to Facilitate Cross-Border Electricity Trade

Singapore, Cambodia, and Laos have formed a working group to push cross-border electricity trade, inching closer to the ASEAN Power Grid vision.  On 3 June,...

EuroCham Laos Organizes Its Annual General Assembly, Hosts Laos-Europe Business Networking Event With EU Delegation

The European Chamber of Commerce and Industry in Laos (or ECCIL EuroCham Laos) gathered all its members at this year’s Annual General Meeting on...

Laos Gears Up for First Digital Population, Housing Census in 2025 With Pilot Test

Laos is preparing to conduct its 5th Population and Housing Census (PHC) in March 2025, with a pilot test set to take place in...

Nam Theun 2 Power Company Boosts Lao Government Revenue with Significant Tax Contribution

Nam Theun 2 Power Company handed over more than USD 15 million in income taxes from its electricity production in 2023 to the Lao...

Luang Prabang Approves New Economic Zone for Tourism, Economic Growth

Luang Prabang is set to launch a new economic zone for the development of ecology, agriculture, and tourism at a 7,693-hectare site in Luang...

Malaysia Pledges Support to Elevate Industrial, Commercial Standards in Laos

Malaysia has pledged its support to enhance industrial and commercial standards in Laos to promote trade between the two nations. This commitment was reiterated during...