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Saturday, July 5, 2025
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Socio-Economic Development

EssilorLuxottica Expands in Laos with New High-Capacity Lens Facility

EssilorLuxottica, a global leader in the design, production, and distribution of ophthalmic lenses, optical equipment, and eyewear, including both prescription and sunwear, has strengthened its presence in the Asia-Pacific region with the opening of a new facility in Laos. On 11 June, the company inaugurated its second manufacturing site under...

Laos Targets Five Percent Annual Growth by 2030 Amid Economic Reforms

The Lao government has unveiled an ambitious strategy aimed at boosting national growth and...

Fake Facebook News Pages in Laos Mimic Real Media to Lure Victims in Online Scams

At first glance, everything looks real, the familiar logo, the breaking news post, the...

Vientiane, Kunming Hospitals Partner to Boost Cardiac Care in Laos

On 26 May, Mahosot Hospital in Vientiane Capital renewed its partnership with Fuwai Cardiovascular...

Laos Economy Shows Signs of Recovery Amid Fiscal Pressures

Laos’ economy is showing signs of recovery amidst a debt repayment peak, persistent inflation,...

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 Finalized on 26 July, the document replaces the outdated accord from...

Laos to Introduce Advanced Digital Business Licensing with E-Filing System

The Lao Ministry of Technology and Communications (MOTC) has teamed up with a private company to develop an advanced digital business licensing system, also...