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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,...

Australia Supports Laos With Highly Skilled Volunteers

A new Memorandum of Subsidiary Arrangement (MSA) under a broader agreement between Australia and Laos on development cooperation was signed by Australian Ambassador to...

Rampant Inflation Causes Households To Rethink Education

A recent survey shows that households in Laos are slashing expenses on education, health, and food due to skyrocketing inflation. Economists have raised concerns about...

Govt. Unveils Data Management System for Digital Birth Registration

The government of Laos has introduced a digital central data management system to collect population data in the country.  Ministry of Home Affairs launched the...

JOINT OP-ED: United in Our Efforts to Move Towards Gender Equality

It is essential to consider how digitalization and innovation can be a source of gender equality and equity, writes Mariam Khan, Ina Marciulionyte, and...

Laos Secures Financial Deal on Region’s Largest Wind Farm

A developer alongside a regional bank has signed an agreement to fund USD 692 million for the 600MW "Monsoon Wind Power Project," Southeast Asia's...

World Bank Launches Group Partnership Framework in Laos

The World Bank Group on Thursday presented its new Country Partnership Framework for 2023-26 to support Laos in its efforts to stabilize the economy,...