34 C
Vientiane
Friday, May 9, 2025
spot_img

Socio-Economic Development

Laos, Switzerland Strengthen Efforts to Improve Dam Safety

Laos and Switzerland have reaffirmed their commitment to safer hydropower development with the successful convening of the Steering Committee meeting for the Dam Safety Technical and Institutional Assistance (DSTIA) project in Vientiane.  The meeting, held at the DoubleTree by Hilton on 8 May, brought together key government officials, technical experts,...

Celebrating 15 Years of Success: Nam Theun 2 Gala Dinner

On 30 April, Nam Theun 2 Power Company celebrated its 15th anniversary of operation...

Laos Seeks Solutions to Address New United States Tariff Hikes

Laos' exports to the United States are expected to face significant impacts following the...

Japan Honors Sonexay Siphandone with Order of the Rising Sun

On 29 April, the Japanese government announced that Grand Cordon of the Order of...

Vietnam to Establish English as Second Language by 2035

Vietnam is set to establish English as the second language for all general education...

Laos Establishes Bullion Bank to Secure Gold Reserves, Stabilize Kip

The Ministry of Finance, has signed an agreement with PTL  Holding Co., Ltd. on 7 August to establish the Lao Bullion Bank to build...

Bank of Laos to Launch Centralized Forex Market

The Bank of Laos (BOL) and 15 commercial banks signed a Memorandum of Understanding (MOU) on 5 August to establish a centralized foreign exchange...

Study Reveals Water Insecurity Crisis in Rural Laos, Urges Improved Management Strategies

Despite Laos' abundant water resources, a recent research by the Faculty of Public Health at the University of Health Sciences has revealed critical issues...

Laos: July Inflation Rate Remains High Amid Rising Living Costs

In July, Laos continued to grapple with high inflation, with the rate slightly decreasing to 26.1 percent from June's peak of 26.2 percent. The...

South Korea Joins Forces with Mekong River Commission to Transform Mekong River Basin

The Mekong River Commission (MRC) has officially announced the Republic of Korea (ROK) as its newest Development Partner. In a move towards enhancing regional...

Flights Without Limits: Switzerland, Laos Forge New Air Services Deal

Switzerland and Laos have signed a new bilateral agreement on scheduled air services. Finalized on 26 July, the document replaces the outdated accord from...