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Sunday, April 27, 2025
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Socio-Economic Development

East Asia Pacific Growth Slows in 2025, World Bank Says

East Asia and Pacific has led in economic growth, but to sustain momentum and create jobs, countries must address global uncertainties. Key challenges include shifting global integration, climate change, and demographic trends. According to the World Bank Group’s latest 2025 Regional Economic Update , it is expected to slow to...

Lao, China Bilateral Trade Increases to USD 8.23 Billion in 2024, Marking Significant Growth

In 2024, Laos and China achieved a significant milestone in trade, with a total...

Lao Deputy Calls for Climate, Trade Cooperation

Laos’ Deputy Minister of Foreign Affairs Maithong Thammavongsa reaffirmed Laos’ commitment to strengthening regional...

Luang Prabang Surges Past Tourism Goals with Over 1.1 Million Visitors, Fueling Economic Growth

Luang Prabang experienced a tourism boom in the first quarter of the year, generating...

Boeing Jet Bound for China Sent Back to United States Amid Tariff Tensions

A Boeing jet originally built for China’s Xiamen Airlines flew back to the United...

Global Reading Crisis: 300 Million Children at Risk by 2030, Report Says

More than 300 million children, representing 37 percent of all young people worldwide, will fail to achieve basic reading proficiency by 2030 if immediate...

Laos, Vietnam to Launch Cross-Border QR Payment Service in August

Laos and Vietnam will launch a cross-border QR payment service to enhance tourism and economic exchanges between the two nations. The service is expected...

More Than 415,000 Lao Workers Abroad Affecting Domestic Labor Market

Over 415,000 Lao workers are currently employed abroad, exacerbating a labor shortage in the country, as highlighted by Baykham Khattiya, Minister of Labor and...

Laos Sees Fourth Month of Trade Deficit, Lao Kip Hits Record Low

Laos experienced four consecutive months of trade deficits from January to April this year. This situation has been exacerbated by rising inflation rates, leading...

Luang Namtha Boosts Tourism with New Attraction Study

Luang Namtha Province is actively enhancing its tourist sites to attract both foreign and national tourists. The province is particularly popular in winter, drawing...

Rural Laos Gets Lifeline with Second Phase of Nutrition Initiative

Laos has launched the second Reducing Rural Poverty and Malnutrition Project. Supported by the World Bank, this initiative aims to bring additional resources to...