News
Lao PDR: Economy Recovers then Falters Again under COVID-19
The Lao economy is on course for moderately improved growth in 2021, despite the second wave of COVID-19 denting the promising economic recovery made early in the year. The World Bank’s latest Economic Monitor for Lao PDR — A Path to Recovery —predicts that GDP ...
KPL
The mayor issued a ban on invasion at the national park
The mayor of the capital issued Order No. 031 / dated 18 August 2021 on the protection of the Phu Phanang Phu – Khao Khwai National Protected Area to prevent forest encroachment, eliminate every construction in the protected area, prohibit trade in logging equipment, block ...
Laopattana
China Remains the Largest Foreign Investor in Laos
China remains the largest foreign investor in Laos, undertaking a total of 813 projects worth USD 16 billion. “China also plays a significant role in special economic zone investments, with the Lao government having authorized 89 projects worth over USD 215 million,” Mr. Sonexay Siphandone ...
Phayboune Thanabouasy
Laos Hopes to Pay Off USD 14 Billion Debt by 2025
Minister of Finance, Bounchom Ubonpaseuth spoke at the National Assembly’s ninth legislature recently, saying that the country plans to pay debts (foreign debt to the tune of USD 13 billion and domestic debt of USD 900 million) over the next five years, from 2021-2025, and ...
Latsamy Phonevilay
Trains to arrive next month for trial run of Laos-China railway
The Laos-China railway project will bring in locomotives, electric multiple unit (EMU) trains and other equipment to conduct the first trial run of the railway in October. Officials in charge of the project said the project management committee is drafting a memorandum relating to the ...
Phomphong Laoin
Landscapes and Livelihoods Project launch in Vientiane
The Ministry of Agriculture and Forestry and the World Bank launched a US$57 million Lao Landscapes and Livelihoods Project in Vientiane on Thursday, August 5. The project that will generate jobs and income in rural areas by promoting investment in environmentally sustainable and socially-responsible forest ...
Advertorial Desk
Authorities Clarify Protest by Myanmar Laborers in SEZ
The Golden Triangle Special Economic Zone (SEZ) went into lockdown on Friday following the confirmation of community spread after some local workers left the zone. Authorities of the Golden Triangle Special Economic Zone (SEZ) have issued a statement regarding a protest by laborers from Myanmar. The protest ...
Phayboune Thanabouasy
Fifth shipment of Covid-19 vaccine arrives from China
The Chinese government has provided another 1 million doses of Sinopharm Covid-19 vaccine and medical equipment including syringes to bolster Laos’ efforts to contain the coronavirus outbreak.The vaccine will be sufficient to immunise another 500,000 people against the virus.The fifth shipment of China’s Sinopharm vaccine ...
Phetphoxay Sengpaseuth
Fighting Poverty by Protecting Landscapes
The Ministry of Agriculture and Forestry and the World Bank have launched a US$57 million Lao Landscapes and Livelihoods Project that will generate jobs and incomes in rural areas by promoting investment in environmentally sustainable and socially-responsible forest and landscape management, and in the preservation ...
KPL
NA’s extraordinary session opens for national agenda debate
The first extraordinary session of the National Assembly (NA)’s ninth legislature kicked off on Thursday to debate measures to address financial and economic difficulties and suppress the use of narcotic drugs. The premier pledged that the government would be decisive, transparent and professional in implementing ...
Souksakhone Vaenkeo