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Laos: Inflation jumps to 30.01 percent in August

The year-on-year inflation rate continues to rise significantly, with 30.01 percent recorded in August this year, according to the latest report from the Lao Statistics Bureau. This is the highest figure recorded in more than two decades, inflicting more hardship on people struggling to earn a living. The consumer price index rose from 23.6 percent […]

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Laos-China rail a boon for Thais

VIENTIANE:The Laos-China high-speed railway is expected to fulfil Laos’ ambition of becoming a major regional land link offering greater connectivity and better access to trade opportunities. Also known as the Vientiane-Boten railway, the 422km electrified railway is part of China’s Belt and Road Initiative. It runs between the Lao capital of Vientiane and Boten town in […]

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Transport Trucks Remain Stranded at Laos-China Border

Strict Covid-19 controls by China have meant cargo trucks from Laos have been unable to deliver freight, leaving thousands of trucks stranded at the border gate in Boten. The problem has been ongoing since the pandemic began, despite round after round of negotiations between Lao and Chinese authorities. President Thongloun Sisoulith even flew to Luang Namtha in […]

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Vietnamese businesses increase investment in Laos

Vietnamese businesses have registered investment capital of US$65.92 million to undertake three projects in Laos during the first six months of this year. This figure is an increase of 2.5 percent compared to the same period last year, Minister of Planning and Investment, Mr Khamjane Vongphosy, has said. Mr Khamjane commented on the increase during […]

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