VIENTIANE (XINHUA) – Laos recorded a trade deficit of USD114 million in July, according to a report on Friday from the Lao Trade portal website. The total value of trade in July amounted to USD968 million, of which USD427 million was exports and USD541 million was imports. The country’s major exports include paper and paper […]
Read MoreA program supported by the Walt Disney Company to improve global working conditions was the center of discussions held Monday between representatives from the United States and Laos. The meeting was attended by Ms. Vilayphone Xingdavong, Deputy Director General of the Department of Foreign Trade and Policy, Ministry of Industry and Commerce, and Ms. Wallis […]
Read MoreBangkok Post reports that Saksayam Chidchob, Minister of Transport, will visit Laos to talk with the Lao government and entrepreneurs regarding the construction of a railway from Nongkhai Province to Vientiane Capital. Other Thai ministries involved in the discussion, aside from the Thai Ministry of Transport, will be the Ministry of Finance, Ministry of Foreign Affairs, Ministry […]
Read MoreA total of 1.02 million tonnes of goods have been transported via the Laos-China Railway since the rail link became operational eight months ago, Xinhua reported on Wednesday. The total value of these goods was about 9.14 billion yuan (about US$1.35 billion). The customs department of Kunming, the capital of southwest China’s Yunnan Province, said […]
Read MoreThe year-on-year inflation rate jumped to 25.6 percent in July, up from the 23.6 percent recorded in June, according to the latest report from the Lao Statistics Bureau. This is the highest figure ever recorded since 2000, causing further hardship for low-income earners as they struggle to cope with the spiralling cost of living. The […]
Read MoreLaos has seen just over 42,000 arrivals in the first six months of this year, but experts predict the numbers to increase by a large margin by the end of the year. The sluggish start to tourism was caused by a delayed reopening, with the country missing the mark as those in the northern hemisphere […]
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