Laos Appoints Saleumxay Kommasith as Prime Minister in Major Leadership Reshuffle
Former Deputy Prime Minister and Foreign Minister Saleumxay Kommasith has been appointed prime minister of Laos, replacing Sonexay Siphandone, who will lead the National Assembly. The reshuffle changes the country's senior leadership as the government faces economic pressures and seeks closer regional cooperation.
Laos Reports 4.8% Economic Growth Amid Continuing Inflation and Currency Pressures
Laos' newly appointed Prime Minister Saleumxay Kommasith says the economy expanded by 4.8% during the first nine months of the year, supported by manufacturing, electricity exports and foreign investment. The government is prioritising currency stability and tourism recovery as households continue to face inflationary pressures.
Laos Faces Labour Shortages as Nearly 76,000 Job Seekers Look for Work Abroad
Official figures show that nearly all of the 76,000 registered job seekers in Laos during the first nine months of the year were seeking employment overseas. Higher wages in neighbouring countries, particularly Thailand, are drawing workers away from domestic industries and creating recruitment challenges for manufacturers, farms and tourism businesses.
Laos Introduces Minimum Fuel Reserve Requirement of 60 Million Litres
The Lao government has introduced a requirement to maintain national fuel reserves of at least 60 million litres while encouraging importers to diversify their suppliers. The policy aims to protect domestic transport and economic activity from volatile international energy prices and potential supply disruptions.
Lao Authorities Identify Nearly $2 Million in Misused Funds in Vientiane Bus Project
The Lao State Inspection Authority has identified nearly $2 million in allegedly misused or diverted funds linked to Vientiane's Bus Rapid Transit project. The findings raise concerns about financial oversight of the urban transport scheme, which has an estimated cost of almost $100 million.
Thailand and Laos Advance 820-Metre Bridge Project in Luang Prabang
Thailand and Laos are moving ahead with plans for an 820-metre bridge in Luang Prabang province, advancing the project to environmental assessments and detailed design. The proposed crossing is intended to improve tourism, freight transport and economic links across the Greater Mekong region.
Laos Advances Land Compensation Plans for Vientiane-Hanoi Expressway
Authorities in Laos' Bolikhamxay province are finalising compensation rates for households affected by the proposed Vientiane-Hanoi Expressway. The cross-border highway is intended to strengthen trade connections with Vietnam and provide landlocked Laos with improved access to Vietnamese seaports.
Lao President Thongloun Sisoulith Visits Azerbaijan to Expand Economic Cooperation
Lao President Thongloun Sisoulith has arrived in Baku for talks with Azerbaijani President Ilham Aliyev focused on investment opportunities and technical cooperation. The visit is part of Laos' efforts to diversify international partnerships and attract support for infrastructure and energy development.
Laos Reports 4.8% Economic Growth Amid Continuing Inflation and Currency Pressures
Laos' newly appointed Prime Minister Saleumxay Kommasith says the economy expanded by 4.8% during the first nine months of the year, supported by manufacturing, electricity exports and foreign investment. The government is prioritising currency stability and tourism recovery as households continue to face inflationary pressures.
Laos Faces Labour Shortages as Nearly 76,000 Job Seekers Look for Work Abroad
Official figures show that nearly all of the 76,000 registered job seekers in Laos during the first nine months of the year were seeking employment overseas. Higher wages in neighbouring countries, particularly Thailand, are drawing workers away from domestic industries and creating recruitment challenges for manufacturers, farms and tourism businesses.
Laos Introduces Minimum Fuel Reserve Requirement of 60 Million Litres
The Lao government has introduced a requirement to maintain national fuel reserves of at least 60 million litres while encouraging importers to diversify their suppliers. The policy aims to protect domestic transport and economic activity from volatile international energy prices and potential supply disruptions.
Lao Authorities Identify Nearly $2 Million in Misused Funds in Vientiane Bus Project
The Lao State Inspection Authority has identified nearly $2 million in allegedly misused or diverted funds linked to Vientiane's Bus Rapid Transit project. The findings raise concerns about financial oversight of the urban transport scheme, which has an estimated cost of almost $100 million.
Thailand and Laos Advance 820-Metre Bridge Project in Luang Prabang
Thailand and Laos are moving ahead with plans for an 820-metre bridge in Luang Prabang province, advancing the project to environmental assessments and detailed design. The proposed crossing is intended to improve tourism, freight transport and economic links across the Greater Mekong region.
Laos Advances Land Compensation Plans for Vientiane-Hanoi Expressway
Authorities in Laos' Bolikhamxay province are finalising compensation rates for households affected by the proposed Vientiane-Hanoi Expressway. The cross-border highway is intended to strengthen trade connections with Vietnam and provide landlocked Laos with improved access to Vietnamese seaports.
Lao President Thongloun Sisoulith Visits Azerbaijan to Expand Economic Cooperation
Lao President Thongloun Sisoulith has arrived in Baku for talks with Azerbaijani President Ilham Aliyev focused on investment opportunities and technical cooperation. The visit is part of Laos' efforts to diversify international partnerships and attract support for infrastructure and energy development.