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Friday, November 14, 2025
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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...

Adapting to Adversity: How Lao Citizens Cope with Economic Challenges

Over the past four years, starting with the onset of COVID-19 in 2019, Laos has experienced a significant economic shift. The current economic woes,...

LOCA Secures Funding from ADB Frontier to Expand Electric Vehicles Fleet, Charging Network

LOCA, Laos's leading mobility service provider, has received significant funding from the Asian Development Bank (ADB) through ADB Frontier, with support from the United...

Regional Partners Cooperate to Enhance Disaster Monitoring, Response in ASEAN

The Mekong River Commission (MRC) Secretariat and the ASEAN Coordinating Centre for Humanitarian Assistance on Disaster Management (AHA Centre) have agreed to deepen their...

Surge in Cross-Border Tourism: Thailand Welcomes Over 300,000 Lao Nationals in Early 2024

In a surge of cross-border tourism, Thailand welcomed over 300,000 Lao nationals in the first three months of this year. This influx has placed...

Inflation in Laos to Remain High All Year Long, Bank of Laos Says

Inflation will remain high through the end of 2024, making it impossible to reduce the inflation rate to a single-digit figure within this year,...

Laos Expands Telecommunications Network, Reaching Remote Villages

Laos has achieved a big step in its telecommunications system by adding fiber optic cable that stretches 98,524 kilometers. This means more villages across...