The International Monetary Fund (IMF) predicted that Laos’ economy will grow by 4 percent this year and in 2024, thanks to China reopening its borders and removing travel restrictions. During the April World Economic Outlook, the IMF said that despite worldwide economic uncertainty, Laos is likely to see economic growth as China, one of the […]
Read MoreTop state inspector Khamphan Phommathat on Monday visited the Thanaleng Dry Port, Laos’ first ever integrated logistics centre. It is part of the Lao Logistics Link project, which is projected to grow Laos’ GDP by 20 percent. The Thanaleng Dry Port, Laos’ first ever integrated logistics centre, is driving the country to become a new […]
Read MoreEconomists are concerned that a surge in spending by households and offices over Lao New Year could drive up food prices even further and cause another uptick in inflation. People across the country are ready to party and make the most of the Lao New Year celebrations after three years of muted festivities because of […]
Read MoreThe Laos-China Railway company has released the train schedule for inter-country travel between Vientiane Capital and Kunming, which starts on 13 April, just one day ahead of Lao New Year. The EMU D888/D887 train will transport passengers on the international rail line. Passengers will depart from Vientiane Capital at 8:08 AM, and arrive in Kunming South Railway […]
Read MoreVIENTIANE: The arrival of Chinese visitors is “a boon” for businesses that depend on tourism, says Noy Savanh, a food vendor at a night market in this capital city. “Chinese tourists are valued guests in terms of their large number and strong spending power,” Noy said. “I believe that the cross-border passenger service on the […]
Read MoreWith the Lao New Year festival just around the corner, the Department of Industry and Commerce in Vientiane Capital has reminded shopkeepers and stall owners that they must adhere to the rules governing the provision of goods and services during the festival. The department has said that prices for goods and services should not be […]
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Thailand
