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Category: General

ADB Revises Laos’ Growth Down to 3.7 Pct for 2025

Vientiane: The Asian Development Bank (ADB) has revised its economic growth projections for Laos downward, pointing to persistent debt vulnerabilities, weak external demand, and ongoing trade tensions as key factors tempering the nation’s recovery.

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Japan Tightens License Conversion Rules for Foreign Drivers

Tokyo: The Japanese government has introduced stricter regulations for converting foreign driver’s licenses in response to a series of accidents involving foreign drivers. Under the new rules, nonresidents are no longer allowed to use the license conv…