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BanksBusinessFinance - Banking - MoneyGovernmentInvestmentsLao EconomyLatest News

Lao Economy Projected To Grow At Only 2.2 Percent This Year: IMF

The IMF’s downgraded growth for Laos is linked to both external and internal factors, with the report forecasting that global growth will decrease from 6.0 percent in 2021 to 3.2 percent in 2022 and 2.7 percent in 2023.

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GovernmentHealthLatest News

Noncommunicable Diseases Responsible For 45 Percent Of Deaths In Laos

Four noncommunicable diseases – cancer, cardiovascular disease, diabetes and chronic obstructive pulmonary disease – claim 30,000 lives annually and are responsible for 45 percent of all deaths in Laos

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BanksBusinessCommunication (Phone-Internet-etc)Finance - Banking - MoneyInvestmentsLao EconomyLatest News

Just Scan To Pay: S’pore And 4 SEA Countries To Link QR Code Payments By Nov, Bypassing USD

The central banks of five Southeast Asian (SEA) countries have agreed to link their payment systems by November of this year, in order to allow for easier transactions for travellers within the region.

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EducationGovernmentLatest News

World Population Day: A Time To Support Individuals’ Rights 

Local authorities around the country, as well as families, teachers and communities, must do more to uphold the rights of local people and ensure their needs are met, according to Deputy Minister of Planning and Investment,  Dr Sthabandith Insisienmay.

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Latest NewsThailandTransportation - VehiclesTravel & Tourism

Tourist Levy Hits Further Turbulence With Fears It Could Harm Airline’s Effort To Boost Flight Numbers: Thailand

Thailand’s efforts to introduce a foreign tourism levy on incoming passengers and arrivals to the kingdom have been postponed again with the assistant permanent secretary at the Ministry of Tourism and Sports, Mongkon Wimonrat, at this time, citing concerns about how to record the arrival of passengers by sea and land to the country as the reason for the delay and the continuing hiatus relating to the measure.

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BanksBusinessFinance - Banking - MoneyGovernmentInvestmentsLao EconomyLatest News

State Enterprise Reform: Some Now Profitable, Others Dissolved

Two banks previously owned by the state and which suffered chronic losses have begun making a profit following major reforms that saw a 70 percent stake in the banks sold to local investors

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Coronavirus / covid-19GovernmentHealthLao EconomyLatest News

Covid-19 Cases In Laos Surpass 200,000 But Infections Are On A Downward Trend Despite Festive Season

The National Taskforce for Covid-19 Prevention and Control reported in an announcement yesterday that the Covid-19 situation had not been dramatically affected by new year celebrations.

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BanksBusinessFinance - Banking - MoneyGovernmentInvestmentsLao EconomyLatest News

Foreign Currency Deficit Among Economic Challenges Confronting Laos

Laos’ overall balance of payments situation is negative despite a trade surplus of US$1.32 billion in 2021 because foreign exchange inflows represent only 26.45 percent of the total export value.

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BusinessGovernmentInvestmentsLao EconomyLatest NewsRailwayTransportation - VehiclesVietnam

Work On Vientiane-Vung Ang Railway Expected To Start In November

The railway, estimated to cost US$5 billion, is a proposed line that the Lao and Vietnamese governments have agreed to jointly develop. It would enable landlocked Laos to access the deep seaport – the closest feasible seaport to Vientiane.

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BusinessInvestmentsLatest News

Exim Bank ‘Reckless’, Sought ‘Collateral Advantage’ When Selling Don Chan Palace Hotel, Rules Court

The properties included the Don Chan Palace Hotel, a 5-star international hotel constructed on a swathe of land measuring almost 176,000 sq metres along the Mekong River in Laos valued at US$140 million.

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BusinessChinaFinance - Banking - MoneyGovernmentInvestmentsLao EconomyLatest News

Measures To Free Stranded Trucks, Rail Transport To China Outlined  

Lao authorities will ask their Chinese counterparts to consider reopening more border crossings to allow trucks carrying goods to enter China as hundreds remain stranded at the Boten-Mohan crossing on the Laos-China border.

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Coronavirus / covid-19GovernmentLao EconomyLatest News

Laos Records First Locally-Transmitted Case Of Omicron

The National Taskforce for Covid-19 Prevention and Control has warned the public to be vigilant following the identification of the first locally-transmitted case of the Omicron variant of Covid-19 in Borikhamxay province.

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Coronavirus / covid-19EducationGovernmentHandy HintsLao EconomyLatest NewsSchools

Schools Prepare To Resume Face-To-Face Classes

Education authorities are assessing the readiness of schools in Vientiane to restart face-to-face classes in Grade 5 of primary schools and Grades 4 and 7 of secondary schools following months of closure due to the Covid outbreak.

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GovernmentHealthHospitals & ClinicsInvestmentsLao EconomyLatest News

S. Korea’s EDCF Funds The Construction Of UHS Hospital In Laos With Consultancy Support From SNUH

The new hospital will enhance Laos’ health and medical environment as well as provide professional training and health research.

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Coronavirus / covid-19GovernmentLao EconomyLatest NewsTransportation - VehiclesTravel & Tourism

Airport Staff Prepare For Arrival Of First Tourists

The government is preparing Covid control measures to be put into practice when the country reopens to tourists on January 1, as well as readying designated travel zones for visitors.

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BusinessExcursions - VenuesGovernmentHotels, Guesthouse & ResortsLao EconomyLatest NewsLuang PrabangTravel & Tourism

Green Travel Zones Of Laos Ready To Welcome Visitors

Several tourist sites located within green travel zones in provinces across Laos are ready to welcome visitors from next month under “new normal” conditions amid the Covid-19 pandemic.

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ChinaLao EconomyLatest NewsTransportation - VehiclesTravel & Tourism

Chinese Embassy In Laos Cracks Down Soaring Intl Air Ticket Prices

Rising international ticket prices have triggered a new round of crackdowns, with yet another embassy taking measures to curb skyrocketing airfares while also strengthening the supervision of ticket sales channels.

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BusinessGovernmentInvestmentsLao EconomyLatest NewsLuang PrabangTransportation - VehiclesTravel & Tourism

Korean Company To Carry Out Feasibility Study For Upgrade Of Luang Prabang International Airport

The government has given the green light to the Korea Airport Corporation (KAC) to carry out a feasibility study for the upgrade of Luang Prabang International Airport

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