The Lao Statistic Bureau (LSB) held a meeting on 7 February at the Bank of the Lao PDR (BOL) to announce its plans to identify and address the cause of rising prices of goods in the country. The conference was chaired by Ms. Salika Chanthalavong, Deputy Director General of the LSB’s Economics Statistics Department, and […]
Read MoreThe Thanaleng Dry Port offers much cheaper logistics and transport services, its developer has informed local freight forwarder and logistics service providers. Business executives and representatives of dozens of companies providing transport, logistics and import-export services on Friday visited the dry port in Vientiane to learn about the opportunities offered. Businesses representatives visit the control […]
Read MoreAs ASEAN Chair in 2024, Laos will also host the ASEAN Tourism Forum in January, allowing nations in the bloc to discuss matters related to travel and tourism. TTG Weekly reports that the Travel Exchange (TRAVEX), a regional marketplace and fair for ASEAN country members, will be held at the Lao-ITECC Exhibition Centre in Vientiane Capital, but […]
Read MoreAccording to AEC connect, Laos’ fuel import from Vietnam rose by 439 percent and was worth USD 125 million last year. Overall exports from Vietnam to Laos shot up by 10.4 percent to USD 656.4 million while other exports, including steel, dropped 15 percent to USD 60.1 million, and fertilizer surged up by 31 percent to USD […]
Read MoreThe central bank of Laos has piloted a digital currency project with a Japanese blockchain firm to grow the digital economy and cashless payment systems in Laos. Laos expressed interest to develop its own digital currency in the near future as part of its cooperation efforts with Soramitsu, a Japanese financial technology startup in 2021. The Bank […]
Read MoreThe first China-Laos-Thailand freight train departed from Kunming on Tuesday carrying nine cold-chain containers packed with about 280 tonnes of fresh vegetables for export to Laos and Thailand. Xinhua News Agency reports that within fifty-five hours, the freight train will arrive in Bangkok after passing through Laos where it would make a quick stop for reloading more goods. […]
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