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Friday, April 4, 2025
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Socio-Economic Development

Bank of Laos Reduces Transfer Fees on Foreign Currency Deposit Accounts

On 3 April, the Bank of Laos (BOL) made a new announcement, mandating that transfers between foreign currency deposit account holders will incur a fee of 0.3 percent, with charges ranging from USD 1 to USD 30 per transaction. This new regulation is set to become effective on 5...

Laos Sets Ambitious Targets for Energy, Mining Sector

Lao Prime Minister Sonexay Siphandone has outlined a vision for the energy and mining...

Lao Business Forum Highlights Progress, Challenges, Path Forward for Private Sector Development

At the 16th Lao Business Forum, held at the Don Chan Palace in Vientiane...

ASEAN Unveils Guidelines for Agroecology Transitions

Member states of the Association of Southeast Asian Nations (ASEAN), in collaboration with key...

Australian Ambassador Pushes for Deeper Laos-Australia Economic Engagement

Australian Ambassador to Laos, Megan Jones, has called for stronger trade and investment ties...

USAID Pledges USD 15 Million to Aid Persons with Disabilities in Laos

The United States Agency for International Development (USAID) is set to provide Laos with up to USD 15 million to improve the lives of...

Over 10,000 Lao Students Study in Vietnam with Government Aid

Vietnam has become a hub for higher education for more than 10,000 students from Laos,  supported by government scholarships and other funding avenues. The Lao...

Over 3,000 Students Register for University Entrance Exams

As the new academic year approaches, over 3,000 students have already registered for entrance exams at the National University of Laos (NUOL), the largest...

Vientiane Faces Rising School Dropout Rate, Seeks Solutions

Laos has been ranked 7th in ASEAN and 102nd in the world for education by World Population Review, though Thailand has dismissed the ranking...

Vietnam President To Lam Visits Laos, Strengthening 62-Year Cooperation with New Agreements, Initiatives

President of Vietnam, To Lam, visited Laos on 11-12 July, receiving a warm welcome from President of Laos, Thongloun Sisoulith. The visit aimed to enhance...

Vientiane Works to Compensate Families Affected by 230kV Transmission Line

The Vientiane Department of Energy and Mines is working to compensate residents affected by the construction of a new 230kV transmission line. This line...