According to the Lao Statistics Bureau (LSB), the total inflation rate for March decreased slightly to 40.97% compared to February’s figures of 41.3%. However, the LSB predicts that the average rate of inflation will remain around 40.8% throughout the year. The prices of food and non-alcoholic beverages saw the highest increase in March, a massive […]
Read MoreThe iconic Khua Din market, located in Vientiane Capital, will close temporarily next month to undergo major development. Lieng Heng Enterprise Commercial Management, the market’s developer, has announced that the closure will take effect from April 25 until the completion of the new construction later this year. The redevelopment project aims to enhance the market’s […]
Read MoreThe Lao government and SINO-KCL on Friday signed a Memorandum of Understanding (MOU) on a project titled “Asia-Potash International Intelligent Circular Industrial Park.” The government and SINO-AGRI International Potash Co., Ltd. (SINO-KCL) signed the MOU in Vientiane, indicating that the government-enterprise cooperation project is about to get off the ground after more than one year’s […]
Read MorePreparations for the start of cross-border passenger services on the Laos-China Railway are progressing well, with the new service expected to start on April 13, Deputy Prime Minister Saleumxay Kommasith was reported. The DPM, who is also Minister of Foreign Affairs, recently went to Luang Namtha province, which borders China, to monitor the progress of […]
Read MoreTrade between China and countries along the Mekong River posted steady growth last year despite COVID-19 and the sluggish global economy. Thanks to deepened mutual trust and cooperation, China’s trade volume with Cambodia, Laos, Myanmar, Thailand and Vietnam totaled 416.7 billion U.S. dollars in 2022, up 5 percent year on year. The figures were disclosed […]
Read MoreAuthorities in Vientiane Capital ordered the immediate closure of the Sihom Night Market, also referred to as “Hengboun Food and Culture Street,” yesterday evening. Authorities were filmed driving through the streets yesterday evening making an announcement via a PA system, informing vendors and visitors of the market’s impending closure. Vendors said they were told that […]
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Thailand
