Economics9/25/2023 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.
Economics9/20/2023 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.
Economics9/20/2023 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.
Economics9/13/2023 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.
Economics9/12/2023 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.
Economics9/7/2023 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.
Economics8/31/2023 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.
