• ADB lowers growth forecast for Lao economy this yearEconomics

    ADB lowers growth forecast for Lao economy this year

    9/25/2023 12:06:37 PM

    (KPL/VNA) – The Asian Development Bank (ADB) has revised down its growth forecast for the Lao economy in 2023 to 3.7%, from a 4.0% projection released in April.

  • New EMU train to arrive in Laos on Sept 21Economics

    New EMU train to arrive in Laos on Sept 21

    9/20/2023 1:52:33 PM

    (KPL) The Laos-China Railway Company has procured one more new EMU train, which will leave Kunming Station in China on Sep 20 and arrive in Vientiane, Lao PDR on Sep 21 to help increase the transportation capacity of the Laos-China Railway.

  • Lao PDR’s Growth Slower than Expected in 2023, Stable Outlook for 2024 — ADBEconomics

    Lao PDR’s Growth Slower than Expected in 2023, Stable Outlook for 2024 — ADB

    9/20/2023 11:29:18 AM

    (KPL) Economic growth in the Lao PDR is forecast to be slower than expected due to weaker growth prospects in the People’s Republic of China, adverse weather conditions brought about by the late onset of the monsoon season, and macroeconomic pressures arising from unsustainable public debt and a weak Lao kip, according to the Asian Development Bank’s outlook (ADB) 20 Sept.

  • Laos rolls out new credit policy to motivate economic growthEconomics

    Laos rolls out new credit policy to motivate economic growth

    9/13/2023 11:03:01 AM

    (KPL/VNA) - In a bid to increase domestic production and deal with ongoing economic challenges, the Bank of Laos (BOL) has allocated 4.5 trillion LAK (225 million USD) toward a credit policy to support local businesses.

  • Investment projects help tighten Vietnam-Laos relationsEconomics

    Investment projects help tighten Vietnam-Laos relations

    9/12/2023 9:31:28 AM

    (KPL/VNA) – Over the past years, Laos has always attracted the most foreign direct investment (FDI) from Vietnamese enterprises and these projects have made important contribution to enhancing the two countries’ special relations, according to Lao officials.

  • Laos-China land port handles over 1 mln people this yearEconomics

    Laos-China land port handles over 1 mln people this year

    9/7/2023 9:53:16 AM

    (KPL) Mohan Port on China's border with Laos has cleared a total of 1,000,541 individuals hailing from 64 countries and regions this year, according to Xinhua reported.

  • Urgent measures needed to ease economic difficultiesEconomics

    Urgent measures needed to ease economic difficulties

    8/31/2023 1:08:28 PM

    (KPL) The government has urged relevant authorities to take urgent measure to address economic and financial difficulties with respect to inflation, rising exchange rates, and foreign debts. In its order issued on Thursday, the government has urged the Ministry of Industry and Commerce to take urgent measures to bring rising goods prices under control.


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