Phnom Penh: The Bank of the Lao PDR (BOL) will impose ceilings on foreign currency deposit and lending rates to promote the use of the Lao kip and strengthen economic stability. Acting Governor Ms. Vathana Dalaloy announced the measure during her addr…
Day: June 11, 2025
Republic of Korea Sees Growth in Job Market Despite Continued Weakness in Key Sectors
Seoul: Republic of Korea added more than 200,000 jobs for the first time in 13 months in May, but employment losses continued in the manufacturing and construction sectors, government data showed Wednesday. The number of employed people stood at 29.16…
Labor Demands 14.7 Pct Increase in Next Year’s Minimum Wage
Seoul: The labor circle demanded Wednesday that next year’s minimum wage be set at 11,500 won (US$8.43) per hour, an increase of 14.7 percent from this year’s 10,030 won.
According to Lao News Agency, the hourly minimum wage requested by the labor c…
ASEAN Prioritizes Drug Threats, Cybercrimes, and Human Trafficking at AIPACODD Meeting
Kuantan: Tackling drug threats, cybercrimes, and human trafficking are the primary focus at the 8th Meeting of the ASEAN Inter-Parliamentary Assembly (AIPA) Advisory Council on Dangerous Drugs (AIPACODD) 2025, which commenced on June 10 in Kuantan, Ma…
Lao Newspaper Hails Vietnam’s “Era of National Rise”
Vientiane: Pasaxon e-newspaper, the official organ of the Lao People’s Revolutionary Party, highlighted the emergence of a new era for Vietnam, characterized by national aspiration and comprehensive development.
According to Lao News Agency, Vietna…
Government Outlines Reasons and Urgency Behind Electricity Price Hike
Vientiane: During the 9th Ordinary Session of the 9th National Assembly held on June 10, 2025, Minister of Industry and Commerce Malaythong Kommasith addressed pressing concerns raised by Assembly members regarding the recent increase in electricity p…