The government is providing some oil importing companies with at least 50% of foreign currencies they need to procure oil from abroad.“This is a short-term measure to ensure people have enough fuel to use,” Minister of Industry and Commerce Khampheng
Laos logged a trade surplus of around US$100 million in the first quarter of 2022, according to the Ministry of Industry and Commerce. Laos’ total value of imports and exports in the first quarter of the year reached US$1.1 billion
On Mar 25, Japan International Cooperation Agency (JICA) signed an agreement to grant JPY 2.1 billion (approx US$17.2 million) to the government of Laos to support the development of engineers through upgrading lab facilities and equipment of the Facul…
Laos recorded an export value of more than US$7.6 billion with goods shipped to more than 90 countries worldwide last year, according to the Lao Trade Portal, Ministry of Industry and Commerce.Laos’ major export markets included Thailand with US$2.8 bi…
The Asian Development Bank (ADB) committed US$22.8 billion from its own resources in 2021 to help Asia and the Pacific tackle the immediate effects of the coronavirus disease (COVID-19) pandemic and promote a green recovery.Financial and operational r…
The United States through the U.S. Agency for International Development (USAID) has provided the Protective Equipment (PPE) and disinfectant materials to the Department of Livestock and Fisheries of the Ministry of Agriculture and Forestry.The handover…
Many entrepreneurs of “One District, One Product” (ODOP) have been hard affected by the Covid-19 outbreak as reduction in sales has forced some to suspend their production.A research, conducted recently by the Institute of Industry and Commerce, Minist…
The Government of the Lao PDR has authorized the Wilaikul International Gold Mine Co., Ltd to conduct a 24-month feasibility study into the possibility of several investment projects in the country.The Memorandum of Understanding (MOU) on the study was…
