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Monday, April 28, 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 4.0...

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...

Heatwave Strains Power Supply Across Laos: Electricity State Company Responds to Public Backlash

Electricite Du Laos (EDL) has responded to the growing criticism for their delayed actions in addressing the frequent power outages due to high electricity...

Lao Kip Hits Record Lows Against US Dollar, Thai Baht

Laos is facing significant economic challenges as its national currency continues to depreciate against foreign currencies, notably the US dollar and the Thai baht....

Laos Faces Economic Struggles Amidst Rising Inflation, Trade Deficit

Laos is grappling with ongoing economic challenges, marked by a dual struggle against rising inflation rates and a widening trade deficit. Although the year-on-year...

Lao Economic Growth Remains Below 2019 Levels, World Bank Report Reveals

Lao economic growth is facing continued challenges, with growth estimated to have remained below 2019 levels in 2023 and expected to stay below that...

Laos Faces Second Month of Trade Deficit Despite Cassava Export Boom

In February, cassava continued to dominate Laos' export market, maintaining its position as the top export product for the month. However, for the second...

United States, WHO Launch USD 10 Million Initiative to Boost Maternal, Child Health in Laos

The United States and WHO recently unveiled a new multi-year partnership aimed at enhancing maternal, and child health, and nutrition in Laos. The initiative, called...