• Laos- China Railway reports robust cargo transport volumeEconomics

    Laos- China Railway reports robust cargo transport volume

    5/19/2023 2:50:36 PM

    (KPL/Xinhua) The Laos-China Railway has transported over 20 million tonnes of cargo since it was put into operation 17 months ago, according to the transport authorities.

  • R. Korean firm provides poultry processing equipment to Lao farmersEconomics

    R. Korean firm provides poultry processing equipment to Lao farmers

    5/14/2023 10:00:02 PM

    (KPL) The Republic of Korean firm Greengoods Co., Ltd has provided through the Korea Trade Investment Promotion Agency (KOTRA) in Vientiane poultry slaughter equipment and poultry processing equipment worth US$88,308 to the Paksab Mai Farmers’ Group. The handover was held at the Faculty of Agriculture, National University of Laos on May 10 with the participation of President of KOTRA Southeast Asia and Oceania Mr. Lee Jong Seob, Director of KOTRA Vientiane Mr. Kim Pilseong, Head of Paksab Mai Farmers’ Group Ms. Nalin Thammavong, President of Greengoods Co., Ltd Mr. Lee Jaewon.

  • Q1 agro exports reach over US$507 million Economics

    Q1 agro exports reach over US$507 million

    5/8/2023 3:44:03 PM

    (KPL) The export of agricultural produce in the first three months of 2023 reached over 3.03 million tons, worth over 507 million US dollars, a rise of 5% year on year.

  • Lao economy to grow by 4% in 2023: IMFEconomics

    Lao economy to grow by 4% in 2023: IMF

    4/19/2023 3:18:58 PM

    (KPL/VNA) The International Monetary Fund (IMF) predicted that Laos’s economy will grow by 4% this year and in 2024, thanks to neighbouring countries’ reopening of borders and removal of travel restrictions.

  • Laos’ export-import value reaches US$ 15 billion Economics

    Laos’ export-import value reaches US$ 15 billion

    4/8/2023 9:47:34 PM

    (KPL) Laos’ foreign trade value for 2022 has reached over US$ 15 billion, an increase of 7.5% year on year, the annual meeting of the Ministry of Industry and Commerce was told on April 6.

  • Laos’s inflation falls for first time after more than a yearEconomics

    Laos’s inflation falls for first time after more than a year

    4/6/2023 3:15:51 PM

    (KPL/VNA) The inflation rate of Laos declined slightly from 41.3% in February to 41% in March, according to the Lao Statistics Bureau (LSB), marking the first time the rate has decreased after continuously increasing for more than a year.

  • Recovery in Services, Investment to Boost Growth in Lao PDR — ADBEconomics

    Recovery in Services, Investment to Boost Growth in Lao PDR — ADB

    4/4/2023 2:22:38 PM

    (KPL) The Lao People’s Democratic Republic’s (Lao PDR) economy is expected to grow moderately this year and next, thanks to the recovery in services and private sector investments as pandemic restrictions are eased throughout the region, according to a new Asian Development Bank (ADB) report today.

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